Another reason to never buy an auction car!!! | FerrariChat

Another reason to never buy an auction car!!!

Discussion in '360/430' started by GQ IMAGE, Jul 30, 2013.

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  1. GQ IMAGE

    GQ IMAGE Formula Junior

    Feb 10, 2005
    322
    PA
    Full Name:
    GQ IMAGE
    Xtreme Xperience Drive REAL Supercars on REAL Racetracks - Xtreme XperienceXtreme Xperience | Drive exotic super cars on real racetracks across the US
    So I go to Xtreme Xperience this past weekend. Wanted to tear up a 430 around the track as hard as I could just to see what the car would really do, and by no means was I going to use mine!!! The experience was unreal, the ability to torture a 430 and beat the eyes out of the car with no worries. I loved it so much I bought another three laps in the car, and three laps in a Gallardo. Looking at all the cars there curiosity set in. All the cars had options on them, with low miles…….the 430 had the carbon fiber driving zone, hi fi stereo, and so on. So I ask the guy running the event where do all these cars come from and what do you do with them when you are done with them? Guy was real open, they buy the cars from auto auctions under a dealer license then run the car for four months, track to track. Once the car hits the four month old cycle, they detail the car and send it back to the auction for sale, and buy another one. They run the fourth month cycle so they do not have to service the cars hardly at all, and hardly lose allot of money, in time depreciation. Which makes sense, because car dealers usually turn there used car inventory in a ninety day cycle. Can you imagine, a car lot buying one of these cars after it was tracked and tortured, having no idea, then they list it for sale and being the unlucky person to buy one of these cars!!! Talk about buying a nightmare car……..these cars were run on a track from Thursday till Sunday from 9am to 6pm and never turned off, just getting abused. They go track to track week by week. Oh my these poor cars………………………………..
     
  2. m2g2

    m2g2 Formula 3
    Owner

    Aug 10, 2012
    1,383
    SoCal
    Full Name:
    Mark
    #2 m2g2, Jul 30, 2013
    Last edited: Jul 30, 2013
    NIGHTMARE!!! :eek: :eek: But, at the same time, quite a testament to the car's durability.

    Even though F-cars are meant to be driven, I would not want to be that guy who bags a great deal on his new F-car from a dealer or on-line auction only to find out later the updated CarFax reflects track use (abuse). Try unloading that for anything near the same price you just paid!

    I believe in some states the track use must be disclosed to subsequent buyers. I have seen a CarFax which detail a car's track use.
     
  3. KJM3SMG

    KJM3SMG Formula Junior

    Dec 3, 2006
    983
    Loudoun County, VA
    Full Name:
    Karl - KJ
    wow... good info

    Beware for those who focus in finding the best deals on Fleabay... some of those are auction cars! Not great for Ferraris or any performance cars
     
  4. awatkins

    awatkins Formula Junior

    Apr 10, 2005
    396
    SFO Peninsula
    Full Name:
    Alan Watkins
    I wonder if there is any on board data that would suggest that kind of usage. For example, average RPM....

    OTOH I also wonder whether that kind of on-track usage really has any significant effect. Certainly clutches and syncros, rotors and pads. But without an off-track excursion I suspect the car likes it just fine. The cars are, after all, designed to survive that kind of use.
     
  5. KJM3SMG

    KJM3SMG Formula Junior

    Dec 3, 2006
    983
    Loudoun County, VA
    Full Name:
    Karl - KJ
    true to an extent, but remember owners will take care of the car better than these joy-ride specialists who will just sell at auction before any issues pop up. They probably don't do proper warm up, cool down of the engine, 4 months of hard use they stick to "normal once a year service"... I know it's all speculation but I'd assume the worst when it's these guys.
     
  6. CAracer

    CAracer Karting

    Oct 26, 2012
    228
    Pflugerville, Texas
    Full Name:
    John Blanor
    I travel to Vegas quite often. I had an opportunity to drive the 430 seven laps on there small race course. The cars that Exotic Racing provided were solid and performed well. Their F430 had over 50k miles on it. I asked the instructor how reliable they were and he told me that they were very reliable. He didn't have the same answer for the 458 or the Lambos. Mostly clutches on the Lambos @ 5000 miles?

    They do remove the cats to keep the temps down. He also wanted me to shift around 7500 rpms and no revving the motor while sitting in the pits. All down shifts were done fairly high on the rpm scale.

    Even with the cats removed, their cars didn't seem any faster than mine.

    I too would not want to purchase one of their rental cars. Lots of guys just beating the **** out of these cars. But, the instructor is sitting next to you making sure you don't over do it.
     
  7. FTanner

    FTanner Formula Junior

    Aug 21, 2012
    251
    Full Name:
    Frank
    Thanks for the great post. GQ how much did the laps cost for the 430?
     
  8. F430-Spider

    F430-Spider Karting

    Jul 30, 2013
    61
    Wow, I'm in the search for an F430 Spider as we speak, and this post scares me... Say what you want, but this is hard wear on the track for 4 months straight. Ouch. And they really must not be putting too many miles on them, but the engine/tranny sure are getting about 20K miles worth of wear in that time.
     
  9. Michael B

    Michael B F1 Rookie
    Owner

    Apr 28, 2004
    3,762
    US of A
    Full Name:
    Michael
    Let me just say...

    I see at least the same if not more abuse from owners of many fine imports that think they are taking great care of their cars.

    They drive them rarely, but when they do drive them - it is a lashing. No warm ups, rev-limit bashing, ham fisted driving to the extreme. These types seem to drive their cars aggressively when they are behind the wheel & never give the car a break (sound familiar?).

    But - they do not maintain their garage queens like the track focused cars that are owned by enthusiast.

    Anyhow, the moral of the story is:

    I know dozens of cars that have been on the track since the seventies, and are STILL on the street/track today - and function just as they are expected to. Its all about how they are cared for. Track use does not ruin cars. Amateurs do.
     
  10. Jagbuff

    Jagbuff Formula 3

    Jan 13, 2004
    2,267
    Site of US F1 Race!
    Full Name:
    Franck
    +1000, I can't help but laugh at the owners that have low mile "pristine" example yet they will rev them up and peel out to impress the crowds without giving the car time to warm up....when I mention that I track my car they immediately imply that I am thrashing it, difference is that I am driving it as it was designed to be driven and maintain it accordingly as opposed to 5 miles every month at redline 50% of the time and oil change every 3000 miles LOL
     
  11. GQ IMAGE

    GQ IMAGE Formula Junior

    Feb 10, 2005
    322
    PA
    Full Name:
    GQ IMAGE
    Three Laps. $250.00 then any additional car for another three laps $100.00

    Very Reasonable.......
     
  12. GQ IMAGE

    GQ IMAGE Formula Junior

    Feb 10, 2005
    322
    PA
    Full Name:
    GQ IMAGE
    All the instructors want you to keep the car in full automatic mode. No paddle shifters. A friend of mine in the car business that races at the track on a common basis told me to seek out and make sure that I get Jack Neff. He is the Chief Driving Instructor at the track. Man did this guy push me and the car around the track. One thing that I learned, people who think they can drive and think that they are the man, are not. Till you get on a race track and have other cars pushing you and flying into a straight away at 140mph then control breaking the car down to 40mph then through a turn and powering through without spinning the car out, with your heart beating through your chest, and not wrecking the car is real driving. I logged nine laps on the track while Jack is yelling at me the whole time because I convinced him that I could use the paddles and drive the car around the track. Not a shot. If I took private lesson with him and used my car, he told me that I would have to log over 70 plus laps with him, and the car in full automatic mode, before I could touch the paddles. To be an instructor at the course you have to have logged over 10,000 laps. So know when people around me, tell me and boast that they can drive, I simple ask them, have you ever raced on a racetrack with other cars, and if they say no, it means that they cannot drive what so ever. One thing for sure about the cars there, I got there at 2pm and left at 6pm and the cars never turned off. They kept going back on the track every 15 minutes nonstop. Constantly getting abused and pushed around the track.

    Oh, during the initial driving lesson in the beginning allot of guys were bragging on how good they can drive, and there skills. They do not like you passing cars on the track unless the car in the rear is really pushing the car in front of it. They send you out staggered with about a 15 second delay in between cars. I was the fourth car out in my initial line up. I passed 3 cars, and could not catch up to the pace car. The guys bragging froze up like popsicles!!! Jack said the reason why I drove better than most people there was because I was comfortable with the car already, and had the means to pay the for deductible, if I put the car into the wall.
     
  13. GQ IMAGE

    GQ IMAGE Formula Junior

    Feb 10, 2005
    322
    PA
    Full Name:
    GQ IMAGE
    100% right!!! Non stop amateurs running these cars, not caring for them, then dumping back into circulation for resale.
     
  14. plastique999

    plastique999 F1 Veteran
    Owner Silver Subscribed

    Nov 9, 2008
    8,841
    SoCal
    Full Name:
    Edward
    Yea isn't there a way to check an ECU dump?
     
  15. ferrari355gtb

    ferrari355gtb Formula 3

    Nov 3, 2003
    1,600
    UK
    Full Name:
    R
    And I guess some the miles on the clocks disappear too ?
     
  16. vrsurgeon

    vrsurgeon F1 World Champ
    Silver Subscribed

    Dec 13, 2009
    16,527
    Charleston, SC
    Full Name:
    Curt
    I was going to say, both coolant and oil at operating temp, fresh fluids... it's what the car was designed to do 10% of the time. Even at 70-80% redline at proper operating temp, that's expected by designers/engineers.
     
  17. RWebber

    RWebber Formula Junior

    Apr 17, 2013
    304
    Grasslands, USA
    Full Name:
    R Webber
    For starters, there are several posts about the $28,000 - $35,000 F1 actuator failures on 430's that have been tracked or beaten on surface streets
     
  18. dustman

    dustman F1 World Champ
    Rossa Subscribed

    Jun 12, 2007
    11,431
    +1 Below....there's a reason my M3 was able to hold its own against the 458 on a track this year. Driver comfortable with car.

     
  19. mark5scuba

    mark5scuba Formula Junior

    Nov 27, 2012
    266
    Vero Beach
    Full Name:
    Mark Ross
    Thanks for the post, wow that is scary I will have to be more careful. I have been looking at F430's the past several months but only a 3 peddle car.

    You talk about people bragging about how great they drive. I always thought I was a pretty good driver (but I never bragged, well maybe a little) and when I was at the Texas Highway Patrol driving course the first day out the instructor said "I see you like to drive fast". So I thought I was cool. They let you drive first to access your skills. They warned us that some people will loose their lunch, and I'm thinking not me I love to drive fast. Let's not forget we are driving Crown Vics, not a Ferrari. When the instructor drove the car, I couldn't believe that we were driving the same car. His foot was either on the floor with the gas or on the floor with the brake. And you have the siren blasting in the car lights flashing (they put the siren inside to add to the confusion) somebody talking to you on the radio, and you have to drive fast (you have to do it under a certain amount of time to pass) and safe, what an experience. The perp I was chasing in another class was blasting through red lights and stop signs but we had to slow down as to not cause an accident. One thing that I learned from that course is that even with your foot to the floor on the brakes with your ABS trying to stop you straight you can still control the vehicle well. I was blasting through a series of S-curves and I was able to steer right through them with my brake mashed to the floor.

    Oh yes, I almost did loose my lunch that first day...
     
  20. jlonmark

    jlonmark F1 Rookie

    Mar 29, 2005
    3,202
    Beverly Hills, CA
    Full Name:
    Jay
    I remember seeing a car at Manheim Riverside with the "Exotics Racing" paper plate. I googled the name on my phone and guess what came up. "High performance racing school." Of course they forgot to mention "track car." Yeah, those cars get beat to hell! But they still go the distance
     
  21. SoftwareDrone

    SoftwareDrone F1 Veteran
    Sponsor Owner

    Jan 19, 2004
    7,858
    San Jose, California
    Full Name:
    Mike
    You totally beat me to it!
     
  22. awatkins

    awatkins Formula Junior

    Apr 10, 2005
    396
    SFO Peninsula
    Full Name:
    Alan Watkins
    Could you point to those, please?

    Thanks.

    Also, if that's just for starters, what else?
     
  23. dbonvillain

    dbonvillain Formula Junior

    Dec 2, 2012
    287
    Boulder
    F1 actuator/pump system is not 35k, it's a 25k repair including the clutch.
     
  24. ferrarisun

    ferrarisun Formula Junior

    Feb 13, 2011
    960
    Whew! Good to know the repair is "only" 25 grand! That's a good way to get financially buried upside down. Interesting question about if a Ferrari shop could pull up information showing engine rpm, or speeds on a car. A friend has a full time Ferrari/Lambo repair shop, told me the data on a Lambo he was working on recently, showed it had been driven at 202mph.
     
  25. bobzdar

    bobzdar F1 Veteran

    Sep 22, 2008
    6,895
    Richmond
    Full Name:
    Pete
    I'd much rather have one of these than a garage queen. No question. In the computer industry, we do something called 'burn-in'where we operate all of the chips above their designed temperature and voltage specification for a period of time to weed out the bad ones. I'd consider these cars well burned in after 4 months of use like that and the weak cars and parts will have been weeded out properly.
     

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