Odometer Roll Backs

You don't mention the location (or if you did I missed it), but if it's in the U.S. it should be reported to the appropriate state agency, AFAIK, every state state has a law that addresses this issue.


Jim

 

Post that pic, without any claim, and let the community decide what to make of it. They'll add 2 and 2 together pretty quickly and determine if a fraud is being attempted.

 

Is it a Speciale?

 

You are the nicest person in the world.
Ferrari had such old eletronics , roll back is so easy and so many car not just this on the market is rolled back. LOL
you just made my day. it takes like how long ? 10 mins ?
But this one is rolled back ....2000 miles only ? are you kidding me, he must be so kind only roll back 2000 miles .

 

Nuno is referring to the ability to electronically imprint mileage to a saved position that permanently records mileage at various intervals, the displayed mileage may change, but the permanently recorded miles in a different subset will not. He was likely referring to that, and it does exist, but not necessarily with Ferrari (personally don't know). No need to imply he's naive, he isn't..........


Jim

 

sorry, those units can be reset too. didn't mean to imply anyone, my bad.
it couldn't be the one shadow auto is selling right ?lol
But isn't this is the reason why ferrari keeps the value ?

 

I have no idea, what % of Ferrari resales involve roll backs, but I'm going to assume not many. I do know that the Ferrari owner's I associate with would never consider rolling back their mileage, it's not in their DNA. Most of them don't drive their cars very much anyway, so the mileage isn't an issue. I put 12,500 on my 458 in one year. I understood the resale implications of doing that and accept the drop in value, I just don't care, the fun of driving the car was worth the cost. AFAIK, all of my friends feel the same, including those that don't drive much.

I realize that Ferrari ownership, like all exotics, extends even to the criminal element in the real world, so not surprising there would be some of those owners willing to roll back mileage without concern for the next owner. Just because something "can" be done, doesn't justify it being done.

Jim

 

It is not so much that owners are guilty of the practice, it is used car dealers that are primarily responsible for odometer rollbacks.