Which would be a better choice, miles or year?

I personally would buy the newer car. However if you look at 355 prices they now are all about mileage and less about year. The Ferrari market is IMO way too obsessive about miles.

Car A is the "typical" ferrari. 1.5K to 2K miles a year.
Car B is still only 6K a year for 5 years - half "average" mileage.

My angle would be to bargain hard on the higher mileage car, there will be less buyers for it.

 

+1.

 

They're both gonna be good cars, so just go over each with a fine tooth comb and go for the best one.

 

I would also find out which one has a clutch that is in better shape (if F1), because that can be quite costly. I would guess that they both have about 50% clutch.

 

Im just curious...why would you do the 30k service at only 11k?

 

Yes you are.

 

Oh ok. Thank you.

 

Having owned a MY02 (built in Dec. 2002) that I had the pleasure of 18K miles, my observation is that lot's of "issues" were identified and resolved by the 4th year of production. Suggestion - ask your local Ferrari service manager to inspect both cars if possible.

 

I almost would say 'wait'. If you can anyways. Because soon enough you'll be able to get the later model year (with less bugs and problems) with the low miles for a lower price.

I was looking intently at lower priced Gallardo's as all the 2004's with any miles on them are going for as low as low 130's now!

Problem is those cars are FULL of all kinds of problems being 2004's, and you end up paying more in the long run due to these problems, miles or not. So I'm going to wait until I can a 2006 , miles or not, for a decent price.

I've done a lot of research on the 360's lately including talking to race drivers who have raced for Ferrari, and they almost unanimously crap on the F1 transmission cars in the earlier 2000's model years. So based on that, buy a stick shift, as if I get one I am definitely going that route.

 

adding to my previous post, my former '02 was a 360 F1 and as I said, absolutely rock solid car. Lot's of people have lot's of opinions. FWIW, very few have actually owned and driven a 360 F1 for 18K+ miles.

 

I don't think you get enough discount for buying a high mileage Ferrari. Also it will be harder to sell and you will have to take less for it when you sell it. Buy the cleanest lowest mileage best car you can afford. I have a 6500 mile 2000 model 360 and it is like owning a new one. It runs great and has almost no wear on anything.

 

Alright Robin, what's the next one, what if Paris Hilton threw up in it?

 

Reselling a high mileage would be a challenge. I would stick with the 2000.

 

It all depends on why you're getting the car. If you intend to drive the wheels off of it resale be damned (as all mass produced Ferraris should be driven IMO) then the higher mileaged newer car is definitely the better bet. You will have also have a strong position from which to negotiate.

 

Why will you try to keep it under 3k miles per year for ten years?

gs

 

The one point no one has touched on is whether or not the cars are manual shift or F1. If it's an F1 car then the 2002 will be better than the 2000 in terms of the F1 system. Ferrari did some software upgrades in 2001/2002 for better/faster shifting.

Other than the F1 issue (which is not a big deal) I would take the 2000 with less miles over the one with 31k miles. Ferraris are so mileage sensitive in this country that it's ridiculous. 10k miles from now car A will have 21k miles and car B will have 41k miles. You'll lose 90% of the potential future buyers because of mileage alone.