Would a high mileage f430 scare you? Just put a deposit on a car with 50k miles | Page 4 | FerrariChat

Would a high mileage f430 scare you? Just put a deposit on a car with 50k miles

Discussion in '360/430' started by goto35march, Jan 28, 2019.

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  1. goto35march

    goto35march Karting

    Jul 23, 2009
    205
    Everyone Ferrari PPI just came back and here are the results. Copying and pasting the email here. WOULD THIS SCARE ANYONE? Do I still buy?


    Ok after the technician performed an inspection,



    - The muffler welded seams are starting to crack. We can be repaired by getting the muffler welded.

    - There is a big lip on the rear rotors, means they will need to be replaced eventually.

    - There is play in 3 out of the 4 wheel bearings, they will need to be replaced eventually.

    - The left tie rod end has play, 3 out of the 4 tie rod boots are torn. Just a cosmetic item.

    - The vehicle has aftermarket brake pads up front, the brake sensors are just zipped tied back.

    - Right corner of diffuser and under panel are damaged.

    - Tires shows signs of being tracked at some point, but they still have plenty of tread.



    These items are wear items and something that will need to be replaced. They are not covered by the warranty just so you know.




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  2. azlin75

    azlin75 Formula Junior

    Jul 16, 2017
    785
    Kansas
    Full Name:
    Shawn Hicks
    If it were me, knowing the mileage, I’d use this info as a negotiating tool. Just because the tires show some track useage means it was on the track at least once. Could mean anything. The rest are wear related items and to be honest should be kind of expected. The 3 items I would want to have addressed in order of seriousness is the fuel pump, the mufflers and the front break pads. Then I’d plan to do rear rotors, wheel bearings, tie rod ends and the boots pretty quickly. The damage on the diffuser is nothing to be concerned about really unless you want it fixed. Probably can and will happen again. For the asking price if the dealer will deal with the fuel pump and the muffler I’d say go for it and budget for the other repairs over the next few months so it’s ready for prime driving season. Good luck which what ever you decide.
     
  3. bludvl

    bludvl Rookie

    Feb 4, 2013
    46
    Dallas,TX
    If it were me, I’d find one that doesn’t have so many issues from being driven hard and pay the extra $ for some peace of mind, still knowing that there are no guarantees. These cars are holding their value well, so you can generally do well when selling. To me the real issue is not only the purchase price, but where you get in and out. Buy $100 sell for $90 is same outcome as buy $75 sell for $65. And how much will it cost you in $ and downtime at the shop for the brakes, tie rods, bearings, muffler, etc? If you get a cost estimate on that you might end up better off buying a higher priced car without these up-front issues. Just my 2 cents.


    2006 F430 Spider, Rosso Corsa
     
  4. goto35march

    goto35march Karting

    Jul 23, 2009
    205
    How much to get each item fixed on the list?


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  5. 338Lapua

    338Lapua Formula Junior

    Sep 5, 2015
    802
    Michigan
    Full Name:
    Tony
    I agree with Shawn and Frank - Either use this as a negotiating tool or simply wait and buy a car in better shape with a known history. Think about it this way, if you got this car cheap then spend another $20k+ to fix the issues, could you have bought a better car for the same price? I can't answer that as you are the only one who can determine that.

    In my two buying experiences, I bought F-cars that had the options I wanted and fortunately, both had full service records from new. Did this mean I didn't put any money into them? No, but I knew exactly what I was getting and it meant more to me to have a full service history than not.
     
  6. brookliner7

    brookliner7 Formula Junior

    May 5, 2018
    780
    San Antonio, TX
    Full Name:
    Hans
    Honestly that's a PRETTY GOOD PPI for a f430 with 50k!

    Good luck finding a better deal..let us know how that works out for you 3-5 years later. ;)


    Those are ALL minor things, price out repairing some of those items, likes rotors/pads, tie rod and wheel bearings, and negotiate it into the price. Good luck!
     
    SoftwareDrone likes this.
  7. goto35march

    goto35march Karting

    Jul 23, 2009
    205
    Yea it’s really not that bad, thought it would be more.

    Dealer won’t come down anyone. They got this as a trade in and paid close to 70 for it.

    They agreed to replace fuel filter. Ferrari said only one is leaking, and I. Asking to do both. Ferrari said $2500 to replace 1 or $3500 to replace both. I have to pay $1,000 difference if I want second one done. Ferrari said only 1 is needed.

    So if I get it rest of the items would be on me.

    Clutch is brand new it’s the color I want it’s pretty cheap now just need estimate on how much it would cost to fix this stuff.


    Can you guys give me a idea on the exhaust, wheel bearings and tie rods and rotors? That seems to be the priority.
     
  8. azlin75

    azlin75 Formula Junior

    Jul 16, 2017
    785
    Kansas
    Full Name:
    Shawn Hicks
    This is why I said use as a negotiating tool. Could you find something better? Yea maybe but let’s look at it from this angle, once your done with repairs you know the wheel bearings, fuel pumps, brakes, tie rod ends and boots and clutch are good. I omit the exaust because it will be an ongoing issue since f430’s need the exaust checked regularly. For 50k miles I believe all this is really to be expected, and if the engine checked out good during the Ferrari ppi then you can drive it and put miles on it worry free. Also while I would let Ferrari do some of the work it would be a good idea to find a competent independant to perform some of the work as well since you could save as much as half. Personally I’ve seen cars that had worse wrong for more money albeit less miles. I think you should think long and hard about what your ownership experience is going to be. Will you drive it for a few years then unload it? If so I’d probably recommend passing on this car. Are you planning to keep it a while and drive it somewhat often? I would probably seriously consider this car because it’s been driven it will never be worth what a car with 20k less miles is.

    I would take it at the sellers asking price if they replace the fuel pump and repair or replace the muffler but I’d also see if you can get a concession for the wheel bearings and tie rod and boots. Since the Ferrari ppi said eventually on the brakes I doubt you’ll get a concession on them since at 75 k I’d almost expect worn brakes. The golden thing to remember is it’s a fairly new clutch. And since nearly everything on the Ferrari ppi is relatively minor it would make a good driver/fixer upper.
     
    VAF84 likes this.
  9. azlin75

    azlin75 Formula Junior

    Jul 16, 2017
    785
    Kansas
    Full Name:
    Shawn Hicks
    Well how handy are you in the shop? Are there any reputable independents in your area? A member here replaced his own wheel bearings and it didn’t appear to be that bad of a job, it looked far easier then the maintainance I just performed on one of my company trucks yesterday. Ordering parts at one of the parts vendors here can save you a good deal over dealer parts. If you have an Indi do it most of the time they will want to get the parts, but you will still save over the dealer. It makes since to do the brakes the same time you do the wheel bearings, as well as the tie rod and boots. This will knock a legitimate portion off the ppi list and you’ll feel good knowing they are new. For what it’s worth if it were me I’d pay the 1k for the second pump, however you don’t have to.

    I think it’s worth taking a day to figure out what these repairs will cost, I doubt it will be 15k (and there’s no guarantee a 90k F430 won’t need work as well) so it’s really up to your personal preference.
     
  10. brookliner7

    brookliner7 Formula Junior

    May 5, 2018
    780
    San Antonio, TX
    Full Name:
    Hans
    bludvl likes this.
  11. michaelo

    michaelo Formula Junior
    Silver Subscribed

    Mar 25, 2006
    350
    Tn.
    Full Name:
    Michael O.
    I spent $2000 for rotors, around $650-700 for pads and $500 for labor. So figure $3400 or so. This was at an independent shop. This was 2018 pricing.
    Keep an eye on the headers (Mk. 2 included), tail light mounts. You will be spending some money on a 50K mile car and you would be spending money on a 15K mile car. There is no escaping dropping coin on these cars. I guarantee that it will cost a whole lot more than what you would want to spend!!!!
     
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  12. CarAholic

    CarAholic Formula Junior

    May 10, 2016
    514
    Hoping that price was for gyro discs. Oem Brembo rotors are $90 a piece and set of front or rear break pads is $55.


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  13. goto35march

    goto35march Karting

    Jul 23, 2009
    205
    Wow that cheap! Where did you source them that cheap?


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  14. CarAholic

    CarAholic Formula Junior

    May 10, 2016
    514
    Superperformance UK, no affiliation with them whatsoever. However I was very pleased with them. Ordered on a Monday and had them at my door that Thursday and I’m in the US.


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  15. azlin75

    azlin75 Formula Junior

    Jul 16, 2017
    785
    Kansas
    Full Name:
    Shawn Hicks
    Do the break pads have the brake sensors in them?
     
  16. CarAholic

    CarAholic Formula Junior

    May 10, 2016
    514
    I did the rears which don’t have them. They do sell the front with sensors for low hundred I think.


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  17. ar4me

    ar4me F1 Rookie
    Owner

    Apr 4, 2010
    3,114
    Southern California
    Full Name:
    Jes
    Dealer who did PPI and looked at it should be able to give you quote, and you can take list to an independent for another quote. Looks like pretty common wear items. So, no leaking valve cover gaskets or the like...?
     
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  18. Ricambi America

    Ricambi America F1 World Champ
    Sponsor Owner

    I guess I'll be the Debbie Downer here. Wheel bearings + tie rod ends + (likely) ball joints + pads + rotors + fuel pumps + fiberglass repair/paint. What is the condition of the exhaust manifolds? How much sticky crap is inside the car? Etc. etc.

    This might all be normal wear-n-tear (and it actually is).... but who wants to spend a bunch of money on a car and immediately spend even more, rather than just drive their new toy?

    There are plenty of red F430's available.
     
  19. azlin75

    azlin75 Formula Junior

    Jul 16, 2017
    785
    Kansas
    Full Name:
    Shawn Hicks
    All good points, but at the entry cost and the seller replacing the fuel pump at the Ferrari dealer you’ll have a few bucks to spend sure but you’ll know you have a pretty solid car once you replace the few things it really needs. For a 50k mile car the ppi report doesn’t seem that bad given the age of the car. I’ve see California ppi’s that looked worse. It really breaks down to your philosophy I guess.
     
  20. rennspeed

    rennspeed Formula Junior
    BANNED

    Oct 4, 2007
    528
    Full Name:
    Rennspeed
    I say get a 3rd PPI and see what else they find!
     
  21. DefunctNeurons

    DefunctNeurons Formula Junior

    May 15, 2018
    412
    Alpharetta, GA
    Full Name:
    Trevor
    If you get the quote please let us know the details!


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  22. VAF84

    VAF84 Formula 3

    My $.02, is you're basically getting what you can expect for the price. None of it seems out of the ordinary for a vehicle with this mileage, and the type of driving these cars get put through. You need to decide for yourself if you're willing to exchange the low price for a few headaches up front, or pay more for a better example and delay those headaches for later. If you keep the car long enough you'll be paying those costs one way or the other.

    Ask yourself, do you have the stomach to take on a car that's a deal, or you want to pay more for the "peace of mind" of a "sorted" F430. You can't escape the trade off. Now that you found what you're looking for ("cheap" Ferrari), and the real cost of making that purchase has manifested itself, is this what you really want. If the answer is yes, finalize the deal, embrace whatever destiny results from the purchase, and enjoy the ownership experience.
     
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  23. goto35march

    goto35march Karting

    Jul 23, 2009
    205
    Haha

    Selling dealer does want to kill me a bit.


    So basically here is what we have come down to.


    Selling dealer has agreed to replace both fuel pumps at their cost. They are going to have their mechanic do it (very exotic dealer sells paganis, lambos, Ferrari’s)

    Everything else on me. I told them to get me a labor quote on getting the 3 wheel bearings, tie rod and rear rotors replaced.

    Parts are about $2,500 labor shouldn’t be much.


    No sticky button issue no exhaust manifold issue. Ferrari dealer said I can get the warranty with the car as is since other items are good (that does give me some peace of mind!)


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    azlin75 likes this.
  24. goto35march

    goto35march Karting

    Jul 23, 2009
    205
    Ferrari dealer just emailed me back with prices. Gave me a big ol chuckle lol

    Only 22k to fix everything.


    - The muffler welded seams are starting to crack. We can be repaired by getting the muffler welded - $7,808.00 + Tax

    - There is a big lip on the rear rotors, means they will need to be replaced eventually - $1,538.00 + Tax

    - There is play in 3 out of the 4 wheel bearings, they will need to be replaced eventually - $6,022.00 + Tax

    - The left tie rod end has play, 3 out of the 4 tie rod boots are torn. Just a cosmetic item - $7,205.00 with Alignment + Tax


    The vehicle has aftermarket brake pads up front, the brake sensors are just zipped tied back - $1,165.00 + Tax

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  25. azlin75

    azlin75 Formula Junior

    Jul 16, 2017
    785
    Kansas
    Full Name:
    Shawn Hicks
    And this is why people call it the “Ferrari tax”. It’s also why many F430 owners will say find a good indi mechanic or do some of the work yourself. I have to say I find the price for the muffler repair more then somewhat inflated. I think the parts quote you received from the dealer to be fairly accurate, and I’m just going to guess the labor will be maybe 3k to 3500 (depending on labor rates and how many man hours) maybe less especially since most of that work will be done while working on other parts in the same area (front brakes, tie rod ends and boots, wheel bearings, brake rotors).

    Like I said in earlier posts if you purchase and do this work that’s a pretty large load off your mind since you know it to be done. Also ask for the parts that were removed. Many here do this and I think it is a good idea, for one you know it’s been done, second you can personally inspect the damaged parts yourself.

    Also if you move forward budget for the tail lights you want to replace ( either new or used example from exotic auto recycling) and for F1 parts that will eventually fail, tires, paint correction, paint protection film, ceramic coating, and a laundry list of other things I don’t want to cramp my fingers typing.
     
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