Risk-taking | FerrariChat

Risk-taking

Discussion in '360/430' started by Erra, Oct 6, 2014.

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  1. Erra

    Erra Rookie

    Mar 17, 2014
    7
    Hello,
    Do you see any risks with an F430 that has many miles, I mean 3500-4000miles. Even if the car is fully serviced, I want to know if it is a risk to buy a F430 ?

    Grateful if you could share your experience / knowledge.

    //Erra
     
  2. mseals

    mseals Two Time F1 World Champ
    Lifetime Rossa Owner

    Sep 9, 2007
    24,468
    Kuwait
    Full Name:
    Mike Seals
    3,500 to 4,000 miles ... many?

    It isn't even broken in right with that few miles.

    To answer your question... "Is is a risk to buy a 430..." It's a risk to buy ANY car if you don't have it checked bout by someone you trust. Have a pre-purchase inspection performed (PPI).

    Once that's completed, make your decision...

    Mike
     
  3. jehu999

    jehu999 Formula Junior

    Dec 2, 2011
    670
    Coastal Central Fl
    Full Name:
    James
    Really? Would you ask that question if it was a Porsche or any other car?

    For the sake of discussion, if it has lived it's entire life on the race track, crashed or badly abused it might be a risk and I would have it inspected very carefully. Then again I'd have any performance car inspected prior to purchase (PPI).

    It seems if this is a legit question you need to do a lot of reading on this forum. Short but obvious answer is no (provided a proper PPI).
     
  4. MaranelloDave

    MaranelloDave Formula 3

    Apr 27, 2010
    2,203
    LA
    Full Name:
    Dave
    Wow, we're now saying 4000 is "many miles." Guess that means that these cars are only to be used as stationary art.
     
  5. Erra

    Erra Rookie

    Mar 17, 2014
    7
    Sorry ! I mean 40000 miles..
     
  6. FerrariDublin

    FerrariDublin F1 Rookie

    Jun 14, 2009
    3,454
    Dublin, Ireland
    Full Name:
    Greg
    40k miles is not an issue in terms of "risk" but the car does have a number of wearing components, some of which may be in need or close to needing replacement, Suspension components, clutch, brakes etc.

    In my opinion you're actually taking less of a risk with a car that has been driven that one which has not. You do need a thorough examination by a professional so that all necessary maintenance items are identified and priced into the deal.

    Best of luck.
     
  7. jehu999

    jehu999 Formula Junior

    Dec 2, 2011
    670
    Coastal Central Fl
    Full Name:
    James
    Too many unknowns. Previous usage, service hx, accidents, price and results of PPI are necessary to make a judgment. Those miles alone would not stop me if all else checks out. You could drive it (enjoy it) a lot and not worry about miles.
     
  8. SCEye

    SCEye F1 Rookie

    Aug 28, 2009
    2,950
    Norcal - Peninsula
    risk of having the time of your life? You betcha!
     
  9. IAmNotCasey

    IAmNotCasey Formula Junior

    Jul 9, 2014
    290
    Parker, Colorado
    Full Name:
    Casey Duncan
    Condition is much more important than mileage. A well maintained, and regularly used car is better than a low mileage garage queen, particularly if you want to drive it.

    Absolutely, positively get a PPI. There will almost certainly be issues, and you can use the findings as leverage, help you budget the real cost, or know when to walk away.
     
  10. jlonmark

    jlonmark F1 Rookie

    Mar 29, 2005
    3,203
    Beverly Hills, CA
    Full Name:
    Jay
    I'm at 41,000 miles and the car has never run better! Of course most people think I'm crazy. "It's a Ferrari, just look at it." F that, enzo built these to be driven... And that's just what I do


    Sent from my iPhone using Tapatalk
     
  11. Rostami6

    Rostami6 Formula Junior
    Owner Rossa Subscribed

    Jun 24, 2013
    545
    Austin TX
    Full Name:
    Amir
    +1
    I have around be 32500 miles on mine and no issues. I do maintain mine and I do drive it. Don't let the miles scare you. As long as it's been well taken care of, it's just a car. Built to be driven.
     
  12. Erra

    Erra Rookie

    Mar 17, 2014
    7
    Thanks for the answers, Rostami6 and Jlonmark
    it's just you who have experienced from that model, I want advice o tips. Obviously, I know that this model can go very far, but I want to know which major costs waits me when a F430 has as much as 40000 miles.
    There IS a difference in price when it comes to repairs compared to Porsche.
    How much should I be prepare to spend on repair costs if I buy a car with that miles?

    //Erra
     
  13. F430giallomodena

    F430giallomodena Formula Junior

    Mar 2, 2012
    910
    Lugano, Switzerland
    1- buy with New Power warranty

    2- check if clutch has been changed and when, check reference records for new clutch, new F1 sensor and if previous F1 pump failure.

    3- check for headers replacement records.

    4- expect big bill at 50K miles service (70'000 km) (4-5K$)

    5- do not worry of suspension ball joints , few hundreds and you'll have them new.

    6-drive and enjoy, my old F430 with 52'000 on the clock has been sold in 2 days and have been told by buyer still runs perfect:)
     
  14. FerrariDublin

    FerrariDublin F1 Rookie

    Jun 14, 2009
    3,454
    Dublin, Ireland
    Full Name:
    Greg
    You're asking "how long is a piece of string?" It is not possible to provide you with a meaningful response.

    You could buy a 40k mile car with nothing that needs to be done and you could also buy a 40k mile car that needs $40,000 worth of work.

    Only you, or the professional I hope you engage, can assess the condition of a specific target car and begin to assess what, if any, repairs will be necessary.
     
  15. MaranelloDave

    MaranelloDave Formula 3

    Apr 27, 2010
    2,203
    LA
    Full Name:
    Dave
    There is a certain freedom of buying a Ferrari that already has high miles.

    One caveat is my dealer would not change just the ball joints. The official Ferrari practice is to change the entire control arm, which is total BS. You may be able to find an independent to do the work. Also, there is at least a possibility of damaging the control arms when removing the old balls.
     
  16. GaryR

    GaryR Formula 3

    Dec 11, 2006
    1,006
    Valencia, Spain
    Full Name:
    Gary R.
    I wonder if there is a history of control arm failure on tracked cars that led Ferrari to this or it's simply a "we don't care what it costs you" mentality?
     
  17. blackbolt22

    blackbolt22 F1 Veteran
    Silver Subscribed

    Sep 25, 2007
    5,808
    Boca Raton, FL
    Full Name:
    Mr. Anderson
    I'm at a mere 17000 on my 07 430. Took a 400 mile road trip last weekend and it ran like a charm.
     
  18. Hardistyfezza

    Hardistyfezza Formula Junior

    Have you not heard? Over 10,000 miles or rain and the car will explode!! Your sitting on a time bomb - only joking!!

    These cars are a lot tougher than many people think and do respond well to being driven, but parts are expensive and Ferrari labour rates ruinous. However as a car gets older/higher miles it also settles down with components bedding in. Inevitably there will be a bill of a reasonable size somewhere down the line wether it's a low or high mileage car, but hey if you start on this drug deluding yourself it will be cheap then you might be in for a big surprise.

    Time to take your medicine! Buy it, above all drive it! And lastly have fun you may be the one who escapes the invoice.
     

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