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How much is 20K miles worth?

Discussion in 'FF/GTC4Lusso/F12/812S' started by obbob, Aug 20, 2019.

?

Which would you choose?

  1. 25K mile F12 at a $25K cash

  2. 6k mile F12

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  1. Shark01

    Shark01 F1 Rookie

    Jun 25, 2005
    3,470
    My usual go to on comparing similar cars with mileage differences is $1.50/mile on the difference.....so while close, the 6k mile cars wins for me.
     
  2. DGS

    DGS Three Time F1 World Champ
    Rossa Subscribed

    May 27, 2003
    36,668
    MidTN
    Full Name:
    DGS
    My old pappy always told me: If you want to double check the odometer, look at the wear on the pedals.

    As these cars are only 3 years old, it's a toss-up.
    A garage queen may not be a good deal, as Italian cars do better running than sitting.

    The 25K mile car is 8K per year, give or take. That may translate to some winter use. As the dealer is in CT, that might not be a good thing.
    The 6K mile car is 2K per year, or so. That's pretty low miles for a car that gets driven.

    But, at those prices, $25K isn't that much of a delta.

    I'd probably opt for ... the one with the better dealer warranty. ;)

    All other things being equal, the lower mileage car may be a better choice.

    But it largely depends on how much *you* will drive it.
    If you're going to be racking up high miles, it doesn't make sense to pay for the lower odo reading that you'll just wipe out.
     
  3. Surfah

    Surfah F1 Rookie

    Dec 20, 2011
    2,826
    +1. Also he claims he will drive 4-5000 miles a year for 3 years but sometimes life gets in the way.
     
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  4. montegoblue

    montegoblue Formula Junior

    Aug 7, 2009
    361
    Chattanooga, TN
    If keeping for a while get the higher mileage car. Just turned 40k miles on my 612 and plan to continue to drive it as much as I can
     
  5. SirPouyan

    SirPouyan Karting

    Oct 18, 2017
    120
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    SirPouyan
    The head of sales at FOWashington says one must never buy a car without a shield
     
  6. Thecadster

    Thecadster Formula 3
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    Apr 27, 2017
    2,113
    Interesting first post.
     
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  7. ttforcefed

    ttforcefed F1 World Champ
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    Aug 22, 2002
    12,790
  8. srslusso

    srslusso Formula Junior
    Silver Subscribed

    Mar 17, 2005
    835
    Encino,Ca.
    Full Name:
    Steve S.
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  9. srslusso

    srslusso Formula Junior
    Silver Subscribed

    Mar 17, 2005
    835
    Encino,Ca.
    Full Name:
    Steve S.
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  10. rocketman

    rocketman Formula 3
    Silver Subscribed

    Oct 1, 2009
    1,201
    Way too many folks drinking the Kool Aid.

    Amazing how Ferrari has managed to convince otherwise level headed, successful business people that it’s absolutely mandatory to throw away thousands of $$ on an option that arguably does nothing to enhance the looks or performance of their vehicle. No doubt they are laughing all the way to the bank.
     
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  11. J30022

    J30022 Rookie

    May 5, 2019
    20
    Full Name:
    Jeff P
    So much so that some folks are putting fake shield stickers on their cars.
     
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  12. dustman

    dustman F1 Veteran
    Rossa Subscribed

    Jun 12, 2007
    5,054
    Of these two, the lower mileage always.

    But, both interiors are super boring and I’d find a different one.
     
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  13. cwazyeurodrivr

    cwazyeurodrivr Karting

    Mar 12, 2017
    115
    Bedford, NH

    1 is a dealer that you can get ferrari CPO factory techs , everything addressed , looked over and warranty extensions. 1 is basically a private sale .... my 2-cents go to the dealer , use the 25k towards warranties and drive it like you stole it.
     
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  14. LightGuy

    LightGuy Three Time F1 World Champ
    Silver Subscribed

    Oct 4, 2004
    31,118
    Texas
    Full Name:
    David
    No one needs a Ferrari.
    A Toyota is a better car in most ways at a tenth the price.
    Ferrari "laughs" every single time any car, with or without shields, is sold.
    Yet successful intellegent people buy them every day.
    Humans... go figure.
     
  15. Condor Man

    Condor Man Formula 3

    Sep 8, 2006
    2,277
    Los Angeles
    Thanks for pointing that out.

    I am going to cancel my SF90 order and simply going to buy a Prius

    Phew.....!!

    I am so lucky I didn't go down that path........

    Sent from my SM-G960U using FerrariChat.com mobile app
     
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  16. NuorderSG

    NuorderSG Karting
    Silver Subscribed

    Aug 31, 2016
    85
    S.F. Bay Area, CA
    If buying used, get the newest, lowest mileage version of the car you want...and a good, transferable warranty. Then, drive it, drive, it drive it. My reasoning for this is to get the latest software, minor tweaks for known issues that arose in earlier versions + the newer/lower mileage car will usually have better pricing/coverage for an extended warranty. Downside would be if you live in a state with high car sales taxes...so that is something else to consider.
     
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  17. rocketman

    rocketman Formula 3
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    Oct 1, 2009
    1,201
    Nah...Just cancel the shields :eek:
     
  18. GH13

    GH13 Karting

    Apr 26, 2019
    73
    Plot twist: the cars without shields will become more valuable because they end up becoming rarer.
     
  19. Joe90

    Joe90 Rookie

    Oct 26, 2009
    7
    Zurich, Switzerland.
    20K miles is worth a lot, more than the difference in price in my view at this level. Shields are a plus too. However 3 owners and discrepancies in car fax data mess up the value of the low mileage car, unless you or the dealer can ring the car data company and get them to commit to fixing their data before you buy. It should be a matter or reputation for the company and the dealer selling the car to sort that out. This is apparently a 250K car after all. I would also find out who the previous owners were and give them a call. If this sounds like too much work, find a different car. Sometimes the colour of a car is more important to saleability and value than mileage or condition, especially on a Ferrari.
     
  20. sdd

    sdd Rookie

    Nov 17, 2003
    40
    San Diego, CA USA
    The shields, as with low mileage, may be argued by many as not necessary, and yet, it seems to me that the marketplace will punish you on resale if you are lacking either. Unless people have proof of completed deals that are not so?
     
  21. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    12,790
    punish is aggressive - lets quantify it with real numbers - $4 to 8k difference, maybe? def not $15 to 20k difference.
     

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