Euro Model

Hola. Try the search function.

 

Have they been approved for use in the US and specifically your state?

If not, you would be wise not to consider the Euro model.

 

dude, do a search! there is a ton of info. basically what you are paying for in the US model is the warranty, that's it. i just started a thread in the general forum about a week ago. title: Euro vs. USA

 

All the nay sayers are quiet .... thought I'd hear more

http://ferrarichat.com/forum/showthread.php?t=103933

G

 

I've owned a euro coupe and I currently own a euro spider. At this point, I am inclined to believe that a euro car sells for less because we have been told by Ferrari dealers that somehow the car is compromised. Also that you can't get the car worked on by authorized Ferrari dealers. Both are untrue. My cars are faster than US models(not that it means a whole lot). Ferrari of Atlanta has never turned down working on either of my cars. Trust me, they were happy to take the 25K in work over the years that I owned my cars. Because of my euro purchases, it compromised my ability to get on a "haloed waiting list", so that I might be considered worthy of buying a new car from a dealer. The rejection nearly put me in a hospital. The Warranty is the main issue. If you factor in a 2 year warranty, coupled with the relative low mileage that almost all Ferraris have at the end of those two years, you will probably be buying a great car that you will have to personally pay for all repairs. If you are buying a new euro car, that is a different story. They will sell for less, because of the warranty issue. It is part of the equation. I think I saved about 20K last year when I bought my spider.

 

^^ what he said! well put.

 

I just bought a Euro...so let me add my understanding.....

Yes, dealers very much discourage Euro's....in my case 2 dealerships both went on and on about how it's a Grey-Market car and nobody will want it when you go to sell it....they each told me the car was worth about the same as a Salvaged-titled car: they very much want to preserve their market and don't want us, the buying public, to circumvent their prices & strangle-hold on the market.

Here are some of the things they say:

The first wave of spiders were imported by owners who didn't want to wait for spiders to arrive in the U.S. So they imported them and had them converted the right way. The second wave of importers were profiteers who brought these cars in to make a quick-buck.....they hacked the harnesses, did terrible jobs welding the air-rails onto the manifolds and did lousy jobs "butching" these into hack conversions: lots of nightmares out there as people bring them in for service. There are about 15 shops doing conversions and most of them are poor...especially if they are in Florida.

They'll also tell you that the speedometer are not original...that they are changed-out as part of the conversion and your mileage is not accurate...in fact, many cars supposedly can't be exported until they have a minimum amount of mileage and so the car you are buying may be high-mileage used cars disguised as virgin-low miled cars! Some may even have the equivalent of a salvaged title that gets washed when they import it. Lots of rumors & implied potential for problems. If the Euro model has no paperwork, assume the worst...as the real facts would hurt it. Eh, who knows.

They also say that many issues or problems that would be taken care of (for free) under warranty may not have been taken care of because there is no warranty when you import a Euro.

I've met a lot of people with Euro models and nobody has had any problems, most contend their Euro car is faster then it's American counter-part.

I don't know about other models, but when I was searching for a 360....the going discount for a Euro is $25k - $30k...some say 15%. Most will say that after the warranty period runs out, there really is no reason to fear the dreaded "Euro" label.

What I can say is that 15% now is about $30k.....but 15% when the car is worth half (years from now) is only $15k....so as time passes your savings up-front actually returns a bit more.

I think the same rule applies when buyng any car: have it thoroughly checked-out before you buy it. Whether a Euro or not, they are ALL built in Italy at the Ferrari factory and I don't think they have 2 lines where quality is differentiated.

....and that's all I have to say about thatl.