Repainted 360 worth less now? | FerrariChat

Repainted 360 worth less now?

Discussion in '360/430' started by Beanster, Jan 17, 2010.

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  1. Beanster

    Beanster Karting

    Dec 5, 2009
    79
    Mid Atlantic Area
    Full Name:
    Joe
    Just curious if a repainted 360 (or any F car for tha matter) is worth less at resale.

    Let's assume it is repainted the same color and has been done by a someone proficient with painting equipment.
     
  2. DonJuan348

    DonJuan348 F1 Rookie
    Owner

    Aug 5, 2008
    4,442
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    If it was done properly, no one would know the difference.
     
  3. FerrariDublin

    FerrariDublin F1 Rookie

    Jun 14, 2009
    3,454
    Dublin, Ireland
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    Greg
    Yes. No matter how well done it's always going to devalue the car (any car).

    Begs the questions - What's been covered up? Why was it done? How bad was it? etc.

    If it's been painted a different colour that would normally have a significant adverse effect on value. If painted the same colour (freshened up etc) less so but still devalues.

    If you're contemplating repainting your own car I'd advise you to take comprehensive photos of the condition before painting. That way you can answer any questions a potential purchaser might have down the road.

    All this said, the car I purchased had been totally repainted. The car looks great, really fresh, you only see the imperfections when you look for it the way you do when you're contemplating a purchase.
     
  4. dm_n_stuff

    dm_n_stuff Four Time F1 World Champ
    Lifetime Rossa Owner

    Dec 10, 2003
    43,752
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    Dave M.
    Oh I don't know about that.

    There are some pretty sophisticated tools of the trade out there now that are used to measure paint thickness.

    http://www.phase2plus.com/coating-thickness/

    In the event that paint work has been done, and it is detected, then yes, the car will have diminished value.

    If you get the front bumper painted to fix stone chips, then nope, especially if you simply disclose it as a seller, along with before and after pix and a receipt.

    I think the way to answer the question is with a question, "Would you rather buy a 360 with original paint, or one that has been repainted."

    DM
     
  5. dm_n_stuff

    dm_n_stuff Four Time F1 World Champ
    Lifetime Rossa Owner

    Dec 10, 2003
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    Dave M.
    Not always the case.

    Ferraris that do not have a paint code sticker have been repainted without adverse effect. In fact, an excellent repaint job on an older Ferrari will not diminish it as long as (again) it is properly documented.

    Take a bronze metallic Dino 246GT, repaint it Rosso Corsa, and poof, you just increased the value at resale if the original paint was shabby.

    They don't call it resale red for nothing. :D

    DM
     
  6. TheMayor

    TheMayor Ten Time F1 World Champ
    Rossa Subscribed

    Feb 11, 2008
    106,206
    Vegas baby
    Generally yes but I've seen some pretty bad original colors that anything might improve.

    It depends on how well it's been done and how the new combo looks also. But, in general, I would say it's a bad idea to change the color.
     
  7. DonJuan348

    DonJuan348 F1 Rookie
    Owner

    Aug 5, 2008
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    I meant who would know the difference visually. Of course there are way to tell.
     
  8. FerrariDublin

    FerrariDublin F1 Rookie

    Jun 14, 2009
    3,454
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    Greg
    I think you're contradicting yourself now! What was that you said about buying one with original paint or .........

    OK, repainting a car that needs repainting will probably add value, I'll give you that.

    Bottom line though a repainted car has a story to tell and the car with no stories (all other things being equal) will be worth more than the repainted one.
     
  9. FerrariDublin

    FerrariDublin F1 Rookie

    Jun 14, 2009
    3,454
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    Greg
    Small repairs, properly done can be very difficult to detect without specialised equipment.

    A total repaint will always leave "tell-tale" signs unless the car was totally and utterly stripped of all rubbers, seals, trims etc. Doing it that way costs so much extra money in labour over and above masking that it's very, very rarely done.
     
  10. PAP 348

    PAP 348 Ten Time F1 World Champ
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    Dec 10, 2005
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    Pap
    I dont think repainting a 360 will make it worth any less. :):)

    It is 'only' a 360 and there are many of those out there. Repainted and original. :):)

    I reckon this "repainting makes a Ferrari worth less" really only applies to the rarer Ferraris where most people love to keep the car original. :):)

    Just my opinion of course and Im not bagging the 360 in any way. :):)
     
  11. MamoVaka

    MamoVaka Formula 3

    Jul 31, 2006
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    Los Angeles, CA
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    Pano S.
    Ferrari's have horrible paint jobs..

    take a pain meter to a newly delivered ferrari.. not only is there orange peel everywhere, but there is uneven pain everywhere as well..

    they are not a BMW or PORSCHE.. paint is not ferrari's strong suit..

    many Ferrari's are repainted after deliver at the port in NJ as well when undergoing final deliver inspection..

    paint issues on new ferrari's is pretty common.. but again if you have proof it was repainted due to accident that might be a problem.

    also, many cars get repainted pretty often.. for scratches.. or rock chips.. it's no sweat at all as long as the car wasn't wrecked.. check for unibody frame damage..
     
  12. docf

    docf Formula 3

    Sep 14, 2008
    1,422
    Florida
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    Gary
    I had one of those bronze Dinos and repainted to Rosso. It did in fact help resale and obviously it was done correctly. Lots of opinions on resale. Currently doing a 356 C, know I should have stayed with the God awful army green via the cardex, but had to do silver. Kept everything else orginal etc. Like said Ferrari factory paint is not the greatest. With time and use almost all non garage queens will need a freshup!
    Docf
     
  13. DMaury

    DMaury Formula 3

    Mar 27, 2007
    1,993
    Ponchatoula, LA
    Or, do you want one with the rock chips all over it? :)
     
  14. sparetireless

    sparetireless Formula 3

    Nov 2, 2003
    1,587
    10-30% less based on the quality of the paint job. All the used buyers are such experts, its pretty rough to sell a used car with paint, even a front bumper is tough, probably still 5% off for a painted front bumper even if documented before and after. Probably prefer a few rock chips than fresh paint. Major chips are still probably preferrable to fresh paint. IMHO.
     
  15. sparetireless

    sparetireless Formula 3

    Nov 2, 2003
    1,587
    10-30% less based on the quality of the paint job. All the used buyers are such experts, its pretty rough to sell a used car with paint, even a front bumper is tough, probably still 5% off for a painted front bumper even if documented before and after. Probably prefer a few rock chips than fresh paint. Major chips are still probably preferrable to fresh paint. IMHO.
     
  16. MamoVaka

    MamoVaka Formula 3

    Jul 31, 2006
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    Pano S.
    I don't agree at all with this.. 5% of total value of a car because the bumper was painted? not at all..

    let me tell you something.. any pristine bumper with over 5k miles that doesnt have a starshield (exposed to rocks) is pristine because it was painted..

    I would wager almost all used ferrari's you buy will have had paintwork after a few k miles..

    also,
    you do realize that a ton of new ferrari's are already repainted at the port or in the shop before being sold as new? after some research I was shocked to find how many were.. and how shoddy some of the paintwork is.. from factory/port.
     
  17. TheMayor

    TheMayor Ten Time F1 World Champ
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    Feb 11, 2008
    106,206
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    Here's the real sad part. These cars are NOT museum pieces yet we discuss silly things like how much a car is devalued if the bumper is repainted.

    If you want a museum piece, buy one. Then, keep it your garage and wipe it with a diaper.

    If you want a Ferrari, drive it like you don't care if the bumper gets scratched. Because, when it does (and it will), you won't lose any sleep over it.
     
  18. chrmer3

    chrmer3 Formula 3

    May 19, 2006
    1,719
    USSA
    Full Name:
    Chris
    +1
     

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