Finally planning a real purchase - advice to begin research? | FerrariChat

Finally planning a real purchase - advice to begin research?

Discussion in 'Ferrari Discussion (not model specific)' started by 2tall4economy, Sep 6, 2016.

This site may earn a commission from merchant affiliate links, including eBay, Amazon, Skimlinks, and others.

  1. 2tall4economy

    2tall4economy Karting

    Oct 26, 2014
    57
    Western Suburbs of Chicago (for now)
    Full Name:
    Brett
    #1 2tall4economy, Sep 6, 2016
    Last edited: Sep 6, 2016
    Hello all! I've posted here a few times on various topics including some of the sub forums. I'm finally back in the USA after spending a number of years overseas.

    Since I moved to a snowy state when I repatriated and I can't fully appreciate the FF's looks, I went down the path of a AWD car as my daily driver.

    I'm closing in on a year back and settled and I'm starting to think about finally getting my F car, probably in the next 12 months or so.

    Other than the fact I want a red over tan v8 spider, I've really not done any serious research in terms of what to consider, what to look for in a used model, where the best sellers are, how to get service when I live 4 hours from the nearest dealership etc... I'm not planning to get too crazy on price as I need to build a garage addition to house the additional car as my 3 spots are currently all used. That probably leaves me with a F430.

    Other than a general "use Search" is there anything folks could point me to that will be at least a first blush on the topics? Maybe a wiki or something if that's not too much to hope for?

    Thanks!
     
  2. Gran Drewismo

    Gran Drewismo F1 Rookie

    Jan 24, 2005
    3,778
    Idaho
    Full Name:
    Andrew
    2tall4economy describes me also. How tall are you?
     
  3. 2tall4economy

    2tall4economy Karting

    Oct 26, 2014
    57
    Western Suburbs of Chicago (for now)
    Full Name:
    Brett
    #3 2tall4economy, Sep 7, 2016
    Last edited: Sep 7, 2016
    6'8" The one time I've been allowed to sit in a ferrari at a dealer it was plenty roomy for me. It was either a F355 or a 360 Spider with top up. Was about 15 years ago or id remember better...

    Sidenote -- I've test driven every car I've ever wanted to other than Ferraris and Rolls Royces; for some reason those two dealerships have not been good experiences for me and "sitting only" allowed. Lamborghini / Bentley / Audi R8 we drove right off the lot in a few seconds. Note sure what the rationale is but w/e.
     
  4. Alden

    Alden F1 Rookie
    Rossa Subscribed

    Apr 25, 2010
    3,672
    Central Florida
    I know several members here have purchased F cars without driving them, but at your height I would say a test drive is mandatory to make sure you not only can sit in the car, but actually drive it comfortably and safely too.

    I "sat" in a 328 in 2000 at a dealership with the money in my pocket to buy it, but when I test drive it I realized the car was too small for my 6'4"/200 frame. I "fit" in the car, but I also "fit" in a Cessna 152, but can't fly one with supreme confidence.

    There is also the feel of how the car "feels" for you to consider. You can't get that without driving it.

    No drive, no buy for me.

    There are a lot of consignment cars at dealers. The owner has instructed them to not allow any test drives. Keep looking, find a way to prove you are a serious buyer and drive a few.
    Alden
     
  5. Todd308TR

    Todd308TR F1 World Champ

    Nov 25, 2010
    11,074
    LA
    Full Name:
    Todd
    I think you should buy an 1988 twin-turbo TR.
     
  6. 2tall4economy

    2tall4economy Karting

    Oct 26, 2014
    57
    Western Suburbs of Chicago (for now)
    Full Name:
    Brett
    Not sure if you're serious or not, but since the price range is similar, I'll assume you are.

    The problem with very late models is that I'm 4 hours away from the nearest dealership. Based on preliminary research, nothing prior to 360 runs for more than a few seconds without breaking down so a TR is out of the question.
     
  7. ozziindaus

    ozziindaus F1 Veteran

    Aug 16, 2012
    9,799
    Detroit
    Full Name:
    Sam
    #7 ozziindaus, Sep 7, 2016
    Last edited by a moderator: Sep 7, 2017
    I wouldn't say that. From surveys and extrapolated data, we have TR's that have exceeded 100k miles. A well sorted one is actually pretty reliable with nothing left to go wrong that you would not expect on any other car or simple enough to fix yourself. Don't discount the TR and don't be deterred by your height requirement. Michael Jordon owned one albeit a little modified.
    Image Unavailable, Please Login
     
  8. vrsurgeon

    vrsurgeon F1 World Champ
    Silver Subscribed

    Dec 13, 2009
    16,571
    Charleston, SC
    Full Name:
    Curt
    If you buy a 360 or later car please bear in mind that with an F1, any problems will require a SD or Leonardo scanner for diagnosis. So whatever you get.. it won't be a Honda or Toyota. :)
     
  9. DGS

    DGS Seven Time F1 World Champ
    Rossa Subscribed

    May 27, 2003
    72,527
    MidTN
    Full Name:
    DGS
    #9 DGS, Sep 7, 2016
    Last edited: Sep 7, 2016
    On "fit" -- I'm 6'4" and about 200lb. I found that I had trouble with a 308 with the top up, but that was partly due to not being used to the seating.
    (The 3x8s have the driving position slightly angled to the vehicle centerline, to bring your feet inboard of the front wheels.)

    When I bought my 328, I did test drive it, but I wasn't really comfortable in the car until I shifted position to heel & toe -- then everything just dropped into place.

    Anytime I get into a "strange" (to me) car, I'm not really comfortable, so don't reject a car out of hand, just because it seems "tight" on first try.


    On service, I've taken a bit of a leap of faith, as I've retired to a place over 200 miles to the nearest dealer. But I've had 16 years of experience with the car, and it's not a "computer" car, so I'm not totally wired to the dealer "special tools".

    After a "make it right" service, the car was reliable enough to be a daily driver, but stuff does happen. Any Italian car will require regular service. It's not a Toyota that you drive until it stops.

    Any car you buy used will have issues you'll want to deal with. Things the previous owner stopped noticing, but will show up to you.
    I used to advise figuring a quarter of the purchase price to make a used Italian car "right". But that was based more on Alfas, although I put about that much into my (then 11 year old) 328.

    But I'd say figure where you'll get service (dealer, local general foreign car shop, DIY) before you buy.
    Having no idea how to have the car serviced will not improve the ownership experience.

    Buying the car is just the first step. Regular service is also part of ownership.
    In a pinch, you can have the car taken to the dealer in a truck.

    Heck, I got a deal on my Ferrari, because the previous owner managed to have it in the shop all three summers he owned it. He'd probably have asked more if he had it serviced out of season, and not waited until it was "essential", thereby missing "prime" driving weather. ;)
     
  10. readplays

    readplays F1 Rookie

    Aug 22, 2008
    2,643
    New York City
    Full Name:
    Dave Powers
    Which cost $20,000.
    Not a typo. $20K for the diagnostic tool.

    So it may make sense to figure out your service options concurrently with your purchasing research.

    Good luck and happy hunting!
     
  11. Todd308TR

    Todd308TR F1 World Champ

    Nov 25, 2010
    11,074
    LA
    Full Name:
    Todd
    I'm selling one. :)
     
  12. 2tall4economy

    2tall4economy Karting

    Oct 26, 2014
    57
    Western Suburbs of Chicago (for now)
    Full Name:
    Brett
    Would like to explore that more - if you don't use a dealership for repairs and maintenance, doesn't it tank resale? Also, how do you go about finding someone who can do the actual work other than through trial and error (I have to believe every independent shop will swear up and down they can do the work and most will subsequently fail, causing who knows how much damage).
     
  13. DGS

    DGS Seven Time F1 World Champ
    Rossa Subscribed

    May 27, 2003
    72,527
    MidTN
    Full Name:
    DGS
    Not all indie shops are alike. A number of independent shops are owned by former employees at dealerships.
    Some are better rated than the dealership.

    Check the regional forums for shop suggestions.

    Finding a good shop -- even among dealers -- can be "trial and error".
    But, thanks to forums like this one, you're not always on your own. You can get the benefit of others' experiences.
     
  14. vrsurgeon

    vrsurgeon F1 World Champ
    Silver Subscribed

    Dec 13, 2009
    16,571
    Charleston, SC
    Full Name:
    Curt
    There are those who won't buy a car unless it's been serviced with a fanatical religious zeal at dealerships. Naturally it's a small portion of the buyer population.

    Most buyers buy the car on condition and whether its serviced at a reputable Indy or Dealership doesn't matter. You have problems with the guy down the road that fixes BMW's and "European cars" that's never worked on a Ferrari before but "it's like all other cars right?"

    Given the eDiff, F1 transmission and Stability control, etc. etc. To properly figure out what the car thinks is wrong, will require a scanner. As above, if you go to the local region (Northeast?) section of FChat, they'll be able to give you recommendations for a competent shop to fix the car.

    My Indy (European Road and Racing) is renowned in the southeast and knows Ferrari's. I've never taken my car to a dealership for a repair and IF I ever sell my car.. if the buyer isn't comfortable with it they're going to buy another car. Given mine is a stick with 61k miles.. they're going to pay for that decision. ;)
     
  15. 2tall4economy

    2tall4economy Karting

    Oct 26, 2014
    57
    Western Suburbs of Chicago (for now)
    Full Name:
    Brett
    Maybe needs to be its own topic, but, how should I think about mileage?

    I currently drive about 5,000 miles annually for my daily commute (I'm a lucky guy) and the rest of my driving is in our family hauler since it's the only one with baby seats. Given that and a snow state, I think it's generous to estimate that I'll put 2,500 miles on it annually as my daily driver.

    From a purely cost perspective, should I consider getting a high mileage vehicle since my incremental mileage will be a rounding error when I go to sell it, or should I consider a low mileage vehicle and pay more up front since the incremental depreciation will be less?

    From a maintenance perspective, is there a point of diminishing returns where lower mileage means there is more likely to be something wrong from disuse and higher mileage means there is more likely to be something wrong from over use?
     
  16. vrsurgeon

    vrsurgeon F1 World Champ
    Silver Subscribed

    Dec 13, 2009
    16,571
    Charleston, SC
    Full Name:
    Curt
    That's a decision that you'll make in the process.

    I decided that I'm not going to sell mine so I didn't care about mileage. Bought my euro with 50k miles at a very nice low price with some issues. I found when I fixed her up and kept driving her, no issues popped up. For the last year it's been drive on weekend and put away on sunday. Repeat.

    Assuming a low mileage car won't have as many issues is a dangerous assumption to make. As is the assumption that when you sell it you're going to mitigate the loss in value with a low mileage vehicle. Buy it for you.. not for the value on resale. With either mileage low or high you're buying a car from what's there. Low mileage cars might have the intercooler or water pump blow from lack of fluid changes. High mileage cars might have more worn interiors. There is no "right" answer. What do you need to get the "Ferrari" experience? For me a very low priced sub-perfect example fits the bill nicely. Others need a perfect car with no blemishes. That choice is up to you.

    Oh and for either example EXPECT issues along the way.
     
  17. HH11

    HH11 F1 Rookie
    Rossa Subscribed

    Sep 4, 2010
    3,346
    big +1

    A member on here once said something about servicing cars at dealerships vs indies.

    I cant recall his quote exactly, but loosely.... "one must remember that an individual is working on your car, not the dealership itself. Don't be fooled into thinking the every dealer tech knows more than the indie"

    In other words... the dealer service dept is only as good as the people working there.
     
  18. ozziindaus

    ozziindaus F1 Veteran

    Aug 16, 2012
    9,799
    Detroit
    Full Name:
    Sam
    Here are the issues I've had and sorted since I purchased my '87 TR 3 years ago with only 8700 miles on it.

    Refurbished Clutch (one friction plate completely worn, plates glazed, Throw Out Bearing shot). Total cost $1,500
    -New Kevla friction material
    -Ground plates
    -New Throw Out bearing
    -New Seals

    Refurbished Brakes (all but 1 caliper seized). Total cost $1,500
    -Cleaned calipers and re-plated
    -New Seals
    -New Pads
    -New fluids

    Fuel pumps (leaked during winter hibernation). Total cost $200.
    -New Bosch pumps (2x)

    Ignition module (intermittent resulting in either one bank only or fully stalled engine). $150
    -New, used or aftermarket Module

    Personally, I think I'm good for all the above for many years to come. I also don't think I would have seen these issues so prematurely if the car had been driven more often, especially the clutch and brakes.

    So the lesson here is, a low mileage vehicle is not always one with less issues. In fact it's safe to say that it's more likely to see these issue come up. I'd find a car that has been driven well and maintained along the way.
     
  19. WJGESQ

    WJGESQ Formula 3

    Dec 30, 2004
    1,477

    Your a big boy for a C152.
     

Share This Page