Your Thoughts About Multiple Owners | FerrariChat

Your Thoughts About Multiple Owners

Discussion in 'Ferrari Discussion (not model specific)' started by Nospinzone, Jun 18, 2019.

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  1. Nospinzone

    Nospinzone F1 Veteran

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    #1 Nospinzone, Jun 18, 2019
    Obviously when you are looking at a 308 you can expect to see many previous owners, but what if you are looking at a 2014 FF with 5 owners?

    When I see this I’m concerned about two possibilities. One, the car has persistent problems and owners are dumping it. Or two, with 5 owners and probably 5 different driving styles you don’t know how much abuse the car has taken, abuse that may not show in a PPI.

    Just curious about people’s thoughts on a recent model car that has had many owners.
     
  2. vraa

    vraa F1 Rookie
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    #2 vraa, Jun 18, 2019
    I think we would need more detail

    One of my cars has three owners, it's technically never left the family, I just had it transferred around for insurance purposes

    With detailed history, Ferrari CPO, New Power warranty, PPI, etc - I think lots of 'risks can be mitigated'
     
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  3. EastMemphis

    EastMemphis Formula 3
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    #3 EastMemphis, Jun 18, 2019
    As a shopper, I would consider an unusual number of owners as a story. If this was the only story, then that wouldn't matter much. If there were a lot of other stories, this one might be the straw that broke the camel's back.
     
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  4. F355 Fan 82

    F355 Fan 82 F1 Veteran

    Jul 22, 2006
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    #4 F355 Fan 82, Jun 18, 2019
    Not a big deal people with means swap cars all the time. I had my 812 for 6 months sold it and moved on.
     
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  5. technom3

    technom3 F1 World Champ
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    #5 technom3, Jun 18, 2019
    I think people put too much weight into the owners thing. Measure the metal in front of you. Id rather have a 25 owner car with no paint work and service history than a 2 owner car with paint work and no service history.

    The 1 owner thing is nice... but the problem is.... its only a 1 owner once.
     
    Jamie traina, Nospinzone, Jdubbya and 1 other person like this.
  6. Shark01

    Shark01 F1 Veteran

    Jun 25, 2005
    5,746
    #6 Shark01, Jun 18, 2019
    First of all, the number of owners can be deceiving. Some dealers are required to take title of all cars in inventory. When the contract of a lease changes status, it adds an owner. If an owner moves out of state, it is often reported as a new owner.
     
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  7. Shark01

    Shark01 F1 Veteran

    Jun 25, 2005
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    #7 Shark01, Jun 18, 2019
    I'd listen to this guy, he only dates virgins.....I guess he hates depreciation.
     
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  8. technom3

    technom3 F1 World Champ
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    #8 technom3, Jun 18, 2019
    Yes. I hate depreciation. But virgins no. No interest. Lol.
     
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  9. Jdubbya

    Jdubbya The $10 Trillion Man
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    #9 Jdubbya, Jun 18, 2019
    I agree with Justin. I have never understood the premium placed on "original owner" or One family owned" or especially the "one of only xxx in this exact color and option combo for this sub-model and partial year" :) . Being a one owner car could be great or could be horrid depending on the owner. ;)
     
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