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F12 with damage value? Or should I run...

Discussion in 'FF/Lusso/F12/812S' started by tbuff, Feb 11, 2021.

  1. tbuff

    tbuff Formula Junior

    May 15, 2005
    628
    Hi,

    Found an F12 that has been in an accident. 40k worth of damage. Some paint peeling on a bumper. I can't lay eyes on it locally. 17k miles.

    Should I just run? Ask is 175k but this is in Canada. One in good shape goes for 215k here.

    I think I already know to stay away after typing the post but figured I'd still ask.
     
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  3. Thecadster

    Thecadster F1 Rookie
    Rossa Subscribed

    Apr 27, 2017
    4,130
    As always, there’s a price where the “story cars” begin to make sense. Do you have pics? Paint and cosmetic damage is way less crucial than mechanical or structural damage.
     
    Extreme1 likes this.
  4. LVP488

    LVP488 F1 Rookie

    Jan 21, 2017
    3,590
    France
    If the price difference (vs a no-story car) is just the cost of the damage it does not make sense - there is really no incentive to cope with the story...
     
    SeattleStew likes this.
  5. 3POINT8

    3POINT8 F1 Rookie

    Jan 23, 2014
    2,546
    need to see some pics. i almost bought a wrecked 2014 f12 with 5500 miles on it for $145. I offered $140, hesitated at $145 and someone else bought it. a bit of a weird spec though. it also had over $80k of damage. I think $175k is a bit high for the one you are looking at
     
  6. blkfxstc

    blkfxstc Formula Junior
    Silver Subscribed

    Nov 30, 2016
    426
    TX
    Full Name:
    Eric
    Stay away at that price.
     
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  8. rossodino

    rossodino Karting

    Dec 16, 2007
    243
    corona del mar, ca.
    Full Name:
    bruce sansone
    I would stay away as well.
     
  9. Nospinzone

    Nospinzone F1 Veteran

    Jul 1, 2013
    5,695
    Weston, MA
    Full Name:
    Paul
    So for $215K you can buy a car with no story, or for $215K ($175 + $40) you can buy a car with a story. Hmmmm, let me think about that ........... :D
     
    LVP488, SeattleStew and Falcon7x like this.
  10. tbuff

    tbuff Formula Junior

    May 15, 2005
    628
    No pics of the damage

    I didn't even think about structural. Egad.

    Thanks for the reality check.
     
  11. KY _Soldier

    KY _Soldier Formula Junior
    Rossa Subscribed Owner

    Oct 13, 2008
    513
    Louisville KY
    Full Name:
    Eric Rahman
    I would need a MUCH higher discount than that. I almost bought a no stories loaded F12 with 28k miles for 170k this summer.
     
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  13. nickorette

    nickorette Karting
    Silver Subscribed

    Jun 19, 2017
    190
    Toronto
    I inquired about that white one in Montreal like 2 years ago. It was either sold or taken off market for like 6 months then came back been there ever since. I couldn't find the info but if I recall correctly the damage was enough that I said no way. Nice spec too, shame.
     
  14. tbuff

    tbuff Formula Junior

    May 15, 2005
    628
    That's the one! Carfax says impact from another car 65k estimate 40k damage.

    They also arent valuing my trades. Hmmm. I wonder if I could lowball. If its been there that long....
     
  15. nickorette

    nickorette Karting
    Silver Subscribed

    Jun 19, 2017
    190
    Toronto
    Of you do go for it, make sure you get an extensive ppi with ferrari dealer, noting that the car was in an accident
     
  16. Solid State

    Solid State F1 Veteran
    Rossa Subscribed Owner

    Feb 4, 2014
    6,001
    Full Name:
    Nosmo King
    28K miles is a story unto itself.
     
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  17. KY _Soldier

    KY _Soldier Formula Junior
    Rossa Subscribed Owner

    Oct 13, 2008
    513
    Louisville KY
    Full Name:
    Eric Rahman
    You know some people actually drive their Ferraris lol.
     
    Solid State likes this.
  18. Ferro458

    Ferro458 Karting

    May 26, 2014
    171
    I would say its worth like 145 to 155 max.
     
    rossodino likes this.
  19. Solid State

    Solid State F1 Veteran
    Rossa Subscribed Owner

    Feb 4, 2014
    6,001
    Full Name:
    Nosmo King
    Indeed. Destroys the market value the more you enjoy them.
     
  20. 458cc

    458cc Rookie

    Jan 26, 2021
    33
    Full Name:
    Charlie
    I would definitely stay away... If you can already see the paint is cracking, you will be in for an even bigger surprise after you buy the car.
     
  21. tbuff

    tbuff Formula Junior

    May 15, 2005
    628
    Thanks everyone
     

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