16M DISCUSSION THREAD | Page 13 | FerrariChat

16M DISCUSSION THREAD

Discussion in '360/430' started by plastique999, Apr 6, 2012.

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  1. 24000rpm

    24000rpm F1 Rookie

    #301 24000rpm, Jan 16, 2016
    Last edited by a moderator: Sep 7, 2017
    China barn find:

    I bumped into this internet picture with a license plate, pulled some strings and found the car has 24000 km in 2012 serviced in a local dealer.

    granted, I don't have much info about the vin and its options, but in this condition, assuming accident-free, how much would you guess this car could fetch if its in the US and/or Europe? I was thinking of pulling some more strings to acquire this baby.
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  2. Tims16M

    Tims16M Karting

    May 14, 2014
    71
    Houston
    Full Name:
    Tim
    Thats a pretty high mileage car and no service since 2012. Could be a deep hole to throw money into. Will need major service and new set of tires. If you got it back to good condition, I think it might be worth 300k - 325k on retail side. You will still have to do everything to certify it for US DOT specs which will be expensive. To change instrument cluster to US spec, I heard is 12K. If your looking to own one, I think there are better options. If your looking to flip the car, well good luck.
     
  3. 24000rpm

    24000rpm F1 Rookie

    no Im not bringing it back to the US, im here in China. :)

     
  4. Tims16M

    Tims16M Karting

    May 14, 2014
    71
    Houston
    Full Name:
    Tim
    If you got it for an outstanding price which right now some people in China might be willing to do considering the economy. Would still have a competent person look it over with a fine tooth comb. I don't believe in the "no stories" car anymore.

    If its ok, that could be an awesome car as a driver that you wouldn't feel bad about putting miles on. When the cars start having a premium in the market, that makes it a harder decision to drive for the pure enjoyment.
     
  5. 24000rpm

    24000rpm F1 Rookie

    another 16m, which is like 2000 miles from me, looks pretty clean ,mechanically I don't know, is asking for 320,000 US$.

    compared to scud asking prices --- about 210,000 usd

     
  6. Tims16M

    Tims16M Karting

    May 14, 2014
    71
    Houston
    Full Name:
    Tim
    24000rpm, Actually was wondering is the economy that bad in China? Keep hearing stories of high end sports cars getting reallocated to other markets because the China market has fallen so drastically. One remarkable rumor was 40 cars-Porsche 918s got reallocated back to European market because the owners decided not to take delivery.
     
  7. Tims16M

    Tims16M Karting

    May 14, 2014
    71
    Houston
    Full Name:
    Tim
    That 2K mile car sounds like a better deal. Depending on color, condition and history that car in the US maybe 400K-425k retail.
     
  8. 24000rpm

    24000rpm F1 Rookie

    it is pretty bad, but I've never heard of the 40 car taken back thing.
    I think the chinese economy is getting back to normal pace, a more healthy one.

    but number of ferrari dealerships are less and less nationwide, that's for sure


     
  9. Tims16M

    Tims16M Karting

    May 14, 2014
    71
    Houston
    Full Name:
    Tim
    sorry misread its 2000 miles from your location?
     
  10. 24000rpm

    24000rpm F1 Rookie

    no its not 2000km car, the car is physically located 2000 miles from me.

    its a 15000 km car.

     
  11. Tims16M

    Tims16M Karting

    May 14, 2014
    71
    Houston
    Full Name:
    Tim
    The 40 car thing just a rumor, not confirmed. Came from a notable Porsche source. Ferrari closing up dealerships in probably one of their highest growth markets is definitely concerning. Not Ferrari, but from a global perspective on discretionary spending.

    I thought cars were always more expensive in Asia. The dealerships here in US are very strict about allowing purchased cars from leaving and being sold overseas in Asia for a significant amount more? Is that not the case?
     
  12. 24000rpm

    24000rpm F1 Rookie

    actually no, increasing proportion of the new fixer-upper cars sold in China are from US direct import, regardless of its country of manufacture, be it a ferrari or a ford. Rich people are trying to save money as well. put it to perspective, a new 488 would cost 700,000 US$ from a dealer and 600,000 if you buy it from a "parallel importer" , or so they call it.





     
  13. Tims16M

    Tims16M Karting

    May 14, 2014
    71
    Houston
    Full Name:
    Tim
    Thats still fairly high mileage for what is on the market here. Friend of mine sold his 16M with 4K miles in excellent condition 325-350K as trade in.
     
  14. ttn27

    ttn27 Formula 3

    Sep 30, 2010
    1,117
    TX
    Full Name:
    TN
    Yes he got an awesome deal for the 16m and even a better deal for the GTO.
     
  15. plastique999

    plastique999 F1 Veteran
    Owner Silver Subscribed

    Nov 9, 2008
    8,586
    SoCal
    Full Name:
    Edward
    Any new exchanges?


    Sent from my 16M
     
  16. Tims16M

    Tims16M Karting

    May 14, 2014
    71
    Houston
    Full Name:
    Tim
    Haven't heard a lot on the forum. 10 cars on the market through Dupont, 7 cars are 450K+.
    3 cars at 400K. I guess market has gone up but no info on real sales numbers. The 16M has a unique position in the evolution of the Ferrari mid engined V8. I have heard the Speciale Aperta is bringing a tremendous premium at 200K+. Should the 16M have a value more than the 50K-75K over MSRP in the market?
     
  17. mwstewart

    mwstewart F1 Rookie

    Feb 5, 2014
    2,650
    England
    Full Name:
    Mark
    Has anyone corner weighted their 16M? If so what were the results?

    Thanks.
     
  18. Russell996

    Russell996 Formula 3

    Sep 24, 2010
    2,263
    New Forest UK
    Full Name:
    Russell
    I know it's been covered many times but this is one area where things change quickly. What is the current thought on the best dry weather only, mostly road and limited track use tyre.

    OEM Pirelli P Zero Corsa
    Michelin Pilot Super Sport
    Michelin Pilot Sport Cup 2
    Others?

    Sizes?
    OEM is 235/35/ZR19 and 285/35/ZR19. Any sense in going wider?
     
  19. RAKLAW

    RAKLAW Formula Junior

    Mar 22, 2009
    407
    Westchester,NY & Sarasota FL
    Full Name:
    RAK
    Tried them all.
    Prefer Michelin Pilot Super Sport, but zero track time on them.
    Currently have them on my 16M . Great dry weather tire.
     
  20. Russell996

    Russell996 Formula 3

    Sep 24, 2010
    2,263
    New Forest UK
    Full Name:
    Russell
    What is the difference between the Super Sport and the Sport Cup 2 that makes you prefer 1 over the other. Did you go with OEM sizes?
     
  21. freshmeat

    freshmeat F1 Veteran

    Aug 30, 2011
    7,257
    Russell, what's your average annual mileage like?

    If it's under 5,000 miles then go for the better, stickier Cup2s. The PSS' tend to grease up really quickly on circuit.
     
  22. Russell996

    Russell996 Formula 3

    Sep 24, 2010
    2,263
    New Forest UK
    Full Name:
    Russell


    2-3k miles annually. Standard size tyres?


    Sent from my iPad using Tapatalk
     
  23. plastique999

    plastique999 F1 Veteran
    Owner Silver Subscribed

    Nov 9, 2008
    8,586
    SoCal
    Full Name:
    Edward
    Does anyone have actual sale transaction prices on 16M's. All except one still asking 450k+


    Sent from my iPhone using Tapatalk
     
  24. chopperdr

    chopperdr Formula Junior

    May 10, 2009
    317
    oceanside/vancouver
    Full Name:
    cal meeker
    #324 chopperdr, Oct 21, 2016
    Last edited by a moderator: Sep 7, 2017
    Have put my 16M for sale in the classified section. Spending more time and money racing and the 16M does not get used much anymore.
    Cheers
    Cal
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