Odometer Rollback Scandal

There are a lot of collectors who buy these cars only to store them and either look at them or to resell a few years later.

 

Ferrari dealerships are responsible for complying with Country/State/Local laws. The fact that Ferrari makes a device does not mean they are guilty of anything. The fact that they train their techs on how to use the devices including how to reset the odometer.....still no problem.

It is only when a person uses that device to commit a criminal act in their country does the line get crossed. Given how Ferrari gives guidance.....it is hard to imagine that Techs aren't aware that this device could be used for a criminal purpose.

I personally have not seen or used the device. That said, if it communicates back to Ferrari....any criminal investigation will subpoena those records and the dealership records. If that brings back anything useful which shows a multi-state problem.....it will quickly become a Federal matter. There is no ignoring it or justifying it based on "everybody does it" or that it has been "going on forever".

 

If true, C. Steven McMillan is the one who should really be concerned here. Fraud accusations are pretty serious for a CEO (former or not) - or any corporate officer. It's a good ole boys network for sure but this kind of publicity will get you banished forever very quickly. He can expect to be scrutinized very closely and not just for this. Not enough that he can afford and make money on a LaFerrari but that he paid someone to roll back the odometer to make even more. Greedy F$#%er.

 

I think Ferrari is probably clean on this they could have authorized it for a different purpose I suspect the TECH would know exactly what to say to get authorization he is also likely in trouble. As you know the owner would be smart enough not to have written evidence just took my car in for service did not notice the mileage..
must have been a technical glitch...

 

I don't know if McMillan can put the Genie back in the bottle...... I'm sure he has gotten a call from someone already.

He can try "this is all a misunderstanding defense (one of my favorites)" and blame the mechanic. "I just wanted him to reset the trip odometer not the mileage on the car". McMillan has enough money that he could probably make that work.

The mechanic on the other hand is screwed unless he can give the State more names and proof.

 

I know of a few warehouses full of older cars with less miles.

 

The funny part is it has been going on since the dawn of the automobile and reinforces the idea that you need to seek out, associate with and do business with people of character. But what we hear here is punish Ferrari for making it possible. I learned when I was about 8 years old that locks only keep honest people honest. I guess some people never get it.

 

I'm sure everyone here can tell the difference between a car with zero miles or one with a just 1000. There's lots of evidence.

Plus, what's the second question everybody buying a used Ferrari asks? Do you have the service records? Zero miles or not, it should've had the fluids changed. And those service records won't reflect zero miles. Even CARFAX could determine that something wasn't right.

 

You all missed the point.

The car in the link I posted is exactly the situation Flash was asking about - totaled, only the VIN preserved and rebuilt "as new".

 

Oh you've see McLaren's back inventory of 650's

 

Can someone run the Carfax on it? The VIN is: ZFFCW56A930134956. I'm guessing it has had a colorful history.

 

This !!!
M

 

Some interesting things...the detailed report is too long to copy.
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No idea how the miles actually get into carfax (manually input or from a computer system). However, in a different type of transaction I do know of a non ferrari car where the service technician entered the incorrect mileage into the service record (had a few thousand more tacked on by mistake). Car was getting ready to sell and that obviously stopped the transaction right there. It did eventually get fixed in the carfax and service records though.

 

mileage tracking by states usually ends after 10 years ( the feeling is that most cars are used up by that time... with deception otherwise is not an issue )

there was a period when used car dealers set back all their car odometers to zero, in interest of "simplifying tracking mileage" for warranty when the car left their lot

 

HA HA HA HA HA HA HA HA HA!

Seriously one of the funniest things I have read in a while...

Soon to be joined by 570s.... Damn that car is ugly

 

The reason why its 10 years is because after a vehicle is 10 years old it is federally exempt.

There is pretty much no way to reasonably guarantee a person could sign a legal document guaranteeing the mileage and if inaccurate subject to felony prosecution. There could be 10 owners and who knows if the 8 previous owners didn't unplug the odometer for the weekend or it was broke and they couldn't afford to fix it for a month.

 

Awesome. Now who would spend $3m on a car that has a Junk title? I appreciate that it was "completely rebuilt" after being "completely destroyed" but I can't imagine it getting anywhere near that price unless it had a special history. What is clear is that the folks selling it aren't posting anything in the description probably hoping that they can convince somebody that they are getting a great deal.

At least their "odometer rollback" is backed up with "service records".

 

Sad part is there are many dealers with 4-6 brand new 650's (built in 2015-2016) with $315k'ish sticker willing to dump for $220k...god help them when 720 hits. And I was told 'there are more at the port' (aka the warehouse) if there is something I wanted. Um, think I'll pass...

570 will be right behind 650, the '17's can be had for 9% off with little haggle while '16's are sitting on the lot unsold. That's not me speculating--go look for yourself.

I'll stick with Ferrari.

Insane to me.

 

This has been my thinking throughout this thread. People don't always do things for other people for monetary gain. Relationships are an important part of doing business. It's just human.

(My guess? Ferrari knows with what they believe to be a legal out if it ever came to it)

 

An odometer can be rolled back in any car, and you do not need a fancy factory only tool to do it either. There are plenty Ferrari's and other cars runnin around out there with rolled odos. However, many scan tools will flag a rolled odo, with a fault code located within a module which holds milage data. In many new cars, if you need to replace the cluster for instance, it requires the entire car to be recoded with the new cluster and milage. In some cases, the car will hold this information in the gateway, so it can be read out later.

 

Just curious: In reading some of the news items and comments here, am I right in understanding that "putting the odometer back to zero" is done on a brand new car at delivery, I'm guessing, to enhance the "newness" of it by removing the trivial few pre-delivery mileage?

Probably not a big deal since the initial miles are quite small typically so not significant, and certainly not as egregious (or illegal) as turning back miles on a used car for the purpose of enhancing value, but still hard to control and draw the line as to what is significant mileage or otherwise. - thinking demo car, for example.

 

Is that the Stefan Eriksson Enzo?

 

Is that also the same one that was at Copart for the longest time??
I know for a fact one was at Copart but I do not recall which one?! Perhaps it was the one crashed by Eddie Griffin during filming of that movie "Red Line"...?

 

Bingo! Very same Serial No as the car seen below:

Save The Enzos! Priceless Ferrari Burns To Crisp In Canada

https://youtu.be/ueVAXwwgL_w