What mileage commands a "time-warp" premium? | FerrariChat

What mileage commands a "time-warp" premium?

Discussion in 'Ferrari Discussion (not model specific)' started by Sandy Eggo, Sep 29, 2010.

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What mileage does a car deserve 'time-warp' price premium?

  1. Delivery miles -> 200 miles

  2. Anything up to "break in" miles (varies by model)

  3. Anything up to 5,000 miles

  4. What an ******...Ferraris should be driven.

Multiple votes are allowed.
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  1. Sandy Eggo

    Sandy Eggo F1 Rookie
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    I've been looking at Ferraris from the 1980s and have been struck by the price premiums some are asking for low mileage examples.

    So, I thought I would put it to a poll and see what you F-chatters think.
     
  2. Night life

    Night life F1 Veteran
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    Well I was going to vote (what a hole) but you've been taking a bashing so far so I thought I would be nice :)

    If and I mean if you were to ask premium $$$$ miles should be extremely low with little to no wear. But then this raises questions to possible major problems due to little or no use.
     
  3. blackbolt22

    blackbolt22 F1 Veteran
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    Depends on year, model, production numbers. There are a lot of variables to consider here.

    I think you will find most will shy away from a car that has barely been driven, especially one from the 80s. Proper maintenance and periodic interior/exterior detailing are more important IMO.
     
  4. Sandy Eggo

    Sandy Eggo F1 Rookie
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    Thanks Roberto, I share your opinion.

    To clarify, I'm looking to buy (not sell) an 80s vintage Ferrari. The "What an ******" option was very much tongue in cheek - no offense intended to anyone out there.
     
  5. Hawkeye

    Hawkeye F1 Veteran
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    I prefer the driven and well maintained/documented option better.
     
  6. ApexOversteer

    ApexOversteer F1 Veteran

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    As I've understood it, "time warp" status is a symptom of originality, rather than of miles. I know of a '65 Corvette with over 200,000 miles on it that is stone stock original. It still has all of the documentation, doodads a geegaws that came with it on delivery day, all of it original to the car. I believe even the original tires are with it, though not mounted on the car currently.

    Conversely, you could have say, a 1982 Lamborghini Countach, with 800 miles, but it sat for decades and before coming to market had to be gone through getting gaskets, seals and weather stripping replaced, new tires, and a full respray. That doesn't say "time warp" to me, regardless of the miles.

    At the end of the day "time warp" is a marketing phrase, and since marketing phrases come out of the mouths of dealers, auctioneers and private sellers, they shouldn't be given too much weight.
     
  7. switchcars

    switchcars Formula 3

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    Yes....for fun I count the number of times I hear "opportunity" at Barrett-Jackson....preceded of course by "rare, unique, fantastic" or other buzz words.
     
  8. BIGHORN

    BIGHORN In Memoriam

    Sep 18, 2006
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    The curse of the low mileage car! What do you do with it- drive it and waste the premium you paid or let it sit and deteriorate?
     
  9. FQ340

    FQ340 Formula Junior

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    I wander if all the guys/gals voted the last option, would seriously choose a hard driven car instead of a well cared garage queen (considering not a huge price difference), when its time to shop, really..

    Maybe not a 80s model at less than 1500ish miles but i would definitely look for one less than 2k miles if its 05+ model, but paying premium for that, no, not in this economy..
     
  10. mwr4440

    mwr4440 Five Time F1 World Champ
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    #10 mwr4440, Sep 30, 2010
    Last edited: Sep 30, 2010
    I think the term "TIME WARP" changes with age of the item being considered (to a point).


    If all we are talking is how to measure "Time Warp" and NOTHING Else:

    I would say take the ODO reading and divide by the number of years since manufacture.

    If that number is under 750, I think we have a winner.


    ODO Reading: 22000
    Build Date: Nov '80
    Today: Sep '10

    Age: 29.8 years


    22000 / 29.8 = 738.25503355704697986577181208054.



    Now if the interior condition looks like it is in the same condition as a built today 22,000 mile car or better,

    I think we'd have a "winner."



    My 2-Cents Euro
     
  11. Bullfighter

    Bullfighter Two Time F1 World Champ
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    Agree on the first point, but those barely driven cars are worth the most, so apparently well-heeled collectors aren't all that bashful when it comes to "time warp" cars.

    I concur. There's no one hard number the applies across the board.

    But the condition of the unrestored parts is more interesting, IMHO. A time warp car should be a kind of reference for how things were when it left the factory. What kind of spare tire hold-down was used? What does a full set of original keys look like? What kind of valve stem caps were used? What was the factory dye color on the leather? Etc.
     

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