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BONUS FEATURE

 

 

Ferrari Buyer's Checklist

Contributed by Dave Steven

Retyped and Submitted to the FCA-Northwest Region by Stan Gordon.

www.ferrariclub.com

 

I’m constantly getting requests for this.  It appeared in Ferraris.com before I put the site on hiatus.  I post it here so it will become part of the archives.  Based on a guide written by Lawrence Buja & Roger Garnett.  Dave Steven

 

COPYRIGHT © 1991, Scions of Lucas (SOL).  Permission to freely copy and distribute to all or portion of this checklist is hereby granted that all of the following apply:  it is not made part of another copyrighted work, the source is acknowledged, this copyright notice is retained, and no aspect of the distribution is for profit.

 

 

FIRST PHONE CONTACT:

 

Name: ______________________________________________ (affix original ad here)

 

Address: ____________________________________________ (dealer, broker, private)

 

Time Zone Differential:  plus / minus _______ hours

 

Phone (h) _____________________________ (f) ______________________________

 

            (w) ____________________________ (f) ______________________________

 

            (c) ____________________________  (p) ______________________________

 

email ____________________________@___________________________

 

Date/Time: ____________________________________________________

 

Model: ________________________________________________________

 

Serial #: _______________________________________________________

 

Mileage: _______________________________________________________

 

Color: _________________________________________________________

 

Interior: ________________________________________________________

 

Asking Price: $______________________________

 


 

INITIAL PHONE QUESTIONS

  1. Can you describe the car and its condition?

Does it run well? 

  1. How was the car generally driven?
  2. How is the:

Body                                  Any Rust

Paint

Dings/Chips

Paint Work Needed

Interior                               Driver Seat Side Bolster Worn

Re-dyed

                  Tires                                   Condition

                                                            Original Size  F___________B__________

                                                            Manufacture_________________

Rims                                   Condition/Curbed

                                          Original size?

                                                            aftermarket

Engine

Brakes

Shocks

Clutch

Soft Top

 

4.What special features or options does it have?

5. Any aftermarket parts on the car?

6. Why are you selling it?

7. How long have you owned it? _____________Had it for sale? ______________

8. Is it currently registered and licensed?

9. Where is the car located?

10. Is it US or European Car?

11. If European, do you have original DOT/EPA paperwork?

12. What problems have you had with the car?

13. What gas mileage have you been getting?

14. Has it ever been hit or in an accident?

15. Has the car been raced or had track time?

16. Any major components been replaced?

17. Has there been any Warranty work done?

18. What work remains to be done or corrected?

19. Are there any missing parts?

20. Do you have any extra parts or wheels for it?

21. Are you the Original Owner?

22. Is there a traceable ownership history on the car?

23. Can the previous owner(s) be contacted?

24. Is there a complete service history on the car?

25. Who was your mechanic?  name/address/phone?

26. Are there any repair or gas mileage records?

27. Oil change interval?  Type of oil?

28. May I bring the car to a place where it can be put in the air for inspection?

29. Has it passed emissions recently?

30. Any interesting history?

31. What’s the least you’re willing to take for it?

32. Additional questions…

 

At this point you might want to schedule an appointment to see the car yourself or have it inspected by a third party.   In the interim you may want to have the seller fax or send copies of certain records such as the title (both sides) and verification of major services / repairs.  If the seller hesitates or insists on a deposit first by wary.  See the article entitled Ferraris:  deposits and other scams.

 

FOLLOW-UP QUESTIONS TO ASK YOURSELF AFTER YOU’VE HUNG UP THE PHONE:

 

What’s your gut reaction?

Does this car seem like a possibility?

Does the current owner seem like he cared for the car?

Why am I interested in buying “this” car?


Am I willing to pay a premium because someone else has already done most of the serious work on the car?

 

Or

 

Is this a car I can buy cheap and put some sweat equity into?

 

What is the most that I’m willing to pay for this car?

What is the least that I think that the car can be had for?

 

TAKING THE NEXT STEP:  CHECKING OUT YOUR DREAM CAR WHILE KEEPING YOUR HEAD

 

It can be said that owning a Ferrari is not a logical decision, but one of emotion.  Nonetheless buying a Ferrari (especially your first) with your heart overriding your head can lead to a less than enjoyable experience in the long run.  Here’s a LOGICAL checklist and some suggestions on how to go about evaluating a Ferrari without letting emotions get in the way.  Remember:  patience is a virtue and is often rewarded.  If this isn’t the car, there will be another and don’t forget the age old caveat:  If it sounds too good to be true…!

 

SUGGESTIONS:

 

  1. Read some of the “How to buy Used Cars” books available at your library.  They provide useful strategies and cautions that go far beyond the scope of this list.  Also, review this list carefully before using it.  Also check as much about the model Ferrari as you can thru books, past magazine road tests, and general knowledge of owners you talk with online, at Ferrari events or info you gather in searching for your Ferrari.

 

  1. Always inspect/take delivery of the vehicle in the broad daylight, never in the evening/night or in the rain.

 

  1. A clean piece of cardboard placed under the engine/trans after the test-drive will help show fluid leaks.

 

  1. In some states, older non-titled vehicles may be titled with just a bill of sale.  Other states may require an additional security bond to be posted.  Use extreme caution in either of these cases!  Make sure title is not marked “SALVAGE” or “TMU” True Mileage Unknown

 

  1. Require seller have the vehicle pass all state inspections (safety, emissions) at a mutually agreeable shop (NOT one of his choosing) before you pay for it.  Old (>30 days) inspections are of absolutely no use to you.

 

  1. A general guide to reading exhaust smoke:

 

    1. Black smoke = unburned fuel (valves bad or out of adjustment?  Carb out of adjustment?)
    2. Blue smoke = burning oil (Accelerating:  Piston rings bad?  Decelerating:  Valve seats/guides bad?)
    3. White smoke = burning coolant! (Bad head gasket?  Warped or cracked Head or Block? $$$)

 


 

PART 1. MECHANICAL INSPECTION CHECKLIST

--- TOOLS TO BRING FOR INSPECTION:

 

Essentials:  A cynical, mechanically-minded friend, your standard tool set, Voltmeter, Compression Gauge, Tire gauge, Flashlight, Magnet, the 2 different spark plug sockets, spray lube, clean rags, clipboard, pen and hi-liter to use with a photocopy of this list, some cash, drivers license and copy of your insurance showing you are covered driving the sellers car.

 

Optional:  tow rope, starting fluid, jumper cables, timing light, ramps, jack (floor or scissors), mirror, coveralls, rags, gas can, oil, duct tape, wire, repair manuals, misc. fuses, calculator.

 

PART 2. EXTERIOR AND INTERIOR INSPECTION.

--- Don’t’ start the engine yet ---

 

--- OWNERSHIP VERIFICATION:  (Do all of the following agree and seem right?)

 

Name on title: __________________________________________________________

Name on registration: ____________________________________________________

Model/Year on title: _____________________________________________________

VIN on title: ___________________________________________________________

VIN on registration: _____________________________________________________

VIN on dash: ___________________________________________________________

VIN on door: ___________________________________________________________

Mileage on title: _________________________________________________________

Mileage on odometer: _____________________________________________________

Price on title: ____________________________________________________________

Asking price: ____________________________________________________________

Blue Book price: _________________________________________________________

 

--- IS THE CAR READY TO SELL:

 

OK      Not-OK          

____    ____    Title ready for transfer?   Any liens?

____    ____    Do body numbers match those on title?

____    ____    Title in sellers name?
____    ____    Title marked Salvage or TMU?

____    ____    Do body numbers match registration?

____    ____    Current Emissions certificate, < 30 days old?

____    ____    Current registration?  Current Plates?

____    ____    Current Safety certificate if req’d, < 30 days?

 

--- EXTERIOR WALK-AROUND:

 

OK      Not-OK

____    ____    Check door edges and underside for rust/tears

____    ____    Check doors/hinges for stress/tears

____    ____    Doors/hoods open/close freely?  Rubs?
____    ____    Is anything obviously broken?

____    ____    Are grill/lights cracked, dented or broken?

____    ____    Car sits level?  (view from all sides)

____    ____    Are bumpers dinged?    Rusty?    Loose?    Level?

____    ____    Paint OK?      Panels same shade?     Cracks?

____    ____    Any of the trim or hubcaps rusty or missing?

____    ____    New Paint?    Why?    Any body ripples?

____    ____    Find bottom of trunk/side wells.   Rust?    Holes?

____    ____    Rust/repair on body?    Fenders?    Sills?

____    ____    Raise/lower the top.  Condition?    Does it leak?

____    ____    Any Bondo?    Fiberglass?    (magnet)    Why?

____    ____    Rubber parts and seals condition?  Cracked?

____    ____    Any fender dings or misalignment?    Why?

____    ____    Gas Tank & fill hose OK?    Rusty?    Patched?

____    ____    Door/hood dings?    Misalignment?   Why?

____    ____    Jack OK?    Spare tire good?    Jack points good?

____    ____    Tires:  Tread?  Bulges?    Cracks?    All the same model/brand?

____    ____    Rims:    Bent?    Rusted?    Cracks?   All the same?

 

--- UNDERSIDE

 

OK      Not-OK          

____    ____    Anything dented?    Bent?   Welded?    Why?

____    ____    Any underbody/floor pan/trunk rust?

____    ____    Any rocker panel or wheel well rust?

____    ____    Are main frame members rusted?    Dogs?

____    ____    Disks grooved?   Brake pads?    Any leaks?

____    ____    Turn, push/pull driveshaft by hand

____    ____    Any movement or slop?    U-joints OK?

____    ____    Constant velocity joints and boots OK?

____    ____    Camber?  Caster?    Tire wear even?

____    ____    Suspension loose?   Pull on side/top of wheels

____    ____    All shocks & struts damp OK?    Any leaks?

____    ____    Exhaust pipe/cats/muffler solid & original?

____    ____    Tail pipe:  Grey=OK,    sooty/oily/greasy=Not-OK

____    ____    Anything hanging down, taped or wired up?  

____    ____    Any non-stock suspension mods?
____    ____    All emissions/smog equipment intact?

 

--- UNDER HOOD

 

OK      Not-OK          

____    ____    Anything broken?    Patched?    Leaking?

____    ____    Is engine clean?    Any rust?    Stock?

____    ____    Has it overheated?    Paint blistered?

____    ____    Check fluid levels.   Look for leaks.

____    ____    Check fluid condition with flashlight.

____    ____    Any play in main crankshaft pulley?

____    ____    Any play in any of the other pulleys?

____    ____    V-Belts cracked?    Frayed?    Missing?

____    ____    Radiator corroded?    Hoses cracked?

____    ____    Check coolant;  run finger inside radiator neck to check for oil.

____    ____    Heater hoses stiff?    Cracked?    Patched?

____    ____    Vacuum hoses stiff?    Patched?    Capped?    Missing?

____    ____    Is emissions equip original & working?

____    ____    Are catalytic converters original & working?

____    ____    Distributor, cap, rotor, and points OK?

____    ____    Wiring harness appearance?   Any new electrical tape?

____    ____    Open fuse box. Any missing?    Any wiring hacks?
____    ____    Any non-stock engine modifications?

____    ____    Remove grounding cable, check for shorts

____    ____    System polarity:      + or      - ground?

____    ____    System voltage:   _________ volts

____    ____    Battery age/voltage ______/_______volts

 

--- INTERIOR ELECTRICAL:

 

OK      Not-OK

____    ____    Is anything broken?    Torn?     Patched?

____    ____    Carpets OK?    Underlayment condition?

____    ____    Rust, rot or water under the carpets?
____    ____    Any wiring hacks under the dash?

____    ____    Seats dirty or torn, redyed?   Look under cover

____    ____    Do both seats adjust?

____    ____    Dash cracked?    Headliner torn/dirty?

____    ____    Windshield cracked?    Chips?    Scratched?

____    ____    Windows all open & close freely?    Any cracks?

____    ____    Mirrors all present and adjustable?

____    ____    Steering play?    Does shaft move at all?    Why?

____    ____    Brake pedal feels right?    Smooth?    Firm?

____    ____    Clutch pedal feels right?    Smooth?

____    ____    All gauges/controls work?   Stereo?    Tape?

____    ____    Headlights high/low work?    Lenses OK?

____    ____    Tail and side lights all work?    Lenses OK?

____    ____    Brake lights all work?    Any broken lenses?

____    ____    Turn signals all work?   Any broken lenses?

____    ____    Windshield wipers & washer work?

____    ____    Heater, defroster, AC, and fans work?

____    ____    Safety equipment (seat belts,  horn work?)

____    ____    Sound system installed competently?

 

PART 3:  ENGINE START-UP, RUNNING, AND TEST DRIVE.

 

--- IGNITION ON, BUT DON’T START ENGINE:

 

OK      Not-OK

____    ____    Temp light or gauge should come on.    Connected?

____    ____    Oil warning light or gauge should come on.    Connected?
____    ____    Charge warning light or gauge should come on.

 

--- START THE ENGINE YOURSELF:

 

OK      Not-OK

____    ____    Temp warning light goes out?    Or gauge works?

____    ____    Oil warning light goes out?  Or gauge works?

____    ____    Charge warning light goes out?    Or gauge works?

____    ____    Do all idiot lights go on/out right?

____    ____    Are all other instruments working?

____    ____    Does it start easily when cold?

____    ____    Does it run smoothly when cold?

____    ____    Depress clutch several times.   Noises?

____    ____    Oil Pressure:   idle _________  4000 RPM ________

____    ____    Volts/Amps:     idle _________            4000 RPM ________

____    ____    Any odd engine noises when cold?

____    ____    Exhaust condition/noises?     Pressure even?

____    ____    Cap pipe with clipboard?    Does it smoke?

____    ____    Any deposits on clipboard?    Does it smoke?

____    ____    Turn car off.   Does it restart?    Restart again.

____    ____    Now pull forward.   Check for leaks on ground.

____    ____    Do you have any gas?    Does gauge really work?

 

---- TEST DRIVE (allow 30-40 minutes)

 

OK      Not-OK          

____    ____    Test the foot and hand brakes first.

____    ____    Relax, drive a bit to get used to it.

____    ____    How does car ridge?   Soft or hard?

____    ____    Revs smoothly to red line?   Flat spots?

____    ____    Any unusual engine noises / vibrations?

____    ____    Any drive train noises or vibrations?

____    ____    Reverse works?   Rev lights go on/off?

____    ____    Trans shifts smoothly to all gears?

____    ____    Overdrive engages/disengages properly.

____    ____    Turbo engages/disengages properly?

____    ____    Any clunks, whines, rumbles, rattles?

____    ____    Clutch smooth?   Slippage on hill test?

____    ____    Hand brake works?   Test against engine.

____    ____    Is the low engine speed operation OK?

____    ____    Brakes strongly to stop from 50mph?

____    ____    Do brakes still work?    Stops straight?

____    ____    Make 2 tight 360 degree turns each way.   Any noises?

____    ____    Accelerates smoothly from dead stop?

____    ____    Are there any hesitations/flat spots?

____    ____    Does the power seem right?    Hill test.

____    ____    Is it running too hot or cold?   Why?

____    ____    Drive besides a long wall.   Any unusual sounds?

____    ____    Is it too noisy in general at highway speeds?

____    ____    Any noises or vibrations when accelerating?

____    ____    Any noises or vibrations when coasting?

____    ____    Any noises or vibrations when decelerating?

____    ____    Any noises or vibrations when braking?

____    ____    Steering action loose or tight?    Parallel park.

____    ____    Handles OK on bumps,    curves and   sharp corners?

____    ____    Bad understeer,    oversteer,    lean?

____    ____    Tracks straight with hands off steering wheel?

____    ____    Brakes straight with hands off steering wheel?

____    ____    Brakes still work?    Pulls?    Pulse?    Drag?   Noises?

____    ____    Having fun yet?    Comfortable?   Does it fit you?

____    ____    Do the heater,  defroster  and AC work right?

____    ____    Are all the instruments & lights still working?

____    ____    Now let it idle a while.   Is temp stable/OK?

____    ____    Any exhaust,   gas or coolant odors?    Pull forward.

____    ____    Turn it off.   Go back to check ground for leaks.

 

Have friend get out and watch the car driving or ideally have him follow behind:

 

OK      Not-OK

____    ____    Tracks straight?    Frame bent?

____    ____    Smokes?

____    ____    Wheels wobble?    Any noises?

____    ____    Leans?    General impression?

 

 

 

 

--- POST DRIVE:

 

OK      Not-OK

____    ____    Open hood.   See or hear anything unusual?

____    ____    Does engine seem too hot?

____    ____    Check for fluid leaks after shutdown. 

(oil,    coolant,    hydraulics,    trans,    fuel,    differential)

____    ____    Check oil cap and dipsticks for signs of water.

                        (oil off-color, brown/grey/white or bubbly)

 

For the truly paranoid:

 

OK      Not-OK

____    ____    Compression test:  (disconnect coil, remove ALL plugs)

 

1.                  Dry:

1___2___3___4___5___6___7___8___9___10___11___12___

2.                  Oiled:

1___2___3___4___5___6___7___8___9___10___11___12___

      3.         Plug condition?  (OK?   Burnt?   Oily?   Sooty?)

1___2___3___4___5___6___7___8___9___10___11___12___

 

____ Does it restart when warm?     Why not?

 


 

 

ODOMETER (MILEAGE) STATEMENT

 

(Federal regulations require you to state the odometer mileage upon transfer of ownership.  An inaccurate or untruthful statement may make you liable for damages to your transferee, for attorney fees, and for civil or criminal penalties, pursuant to Sections 409, 412, and 413 of the Motor Vehicle Information and Cost Savings Act of 1972 (pub. L. 92-513, as amended by Pub. L. 94-364) and applicable state laws.)

 

I, the seller _________________________________, state that the odometer mileage on the vehicle described below now reads ________________________ miles/kilometers.

 

 

Circle ONE only:

 

(1)               I hereby certify that to the best of my knowledge the odometer reading as stated above reflects the actual mileage of the vehicle described below.

(2)               I hereby certify that to the best of my knowledge the odometer reading as stated above reflects the amount of mileage in excess of designed mechanical odometer limit of 99,999 miles/kilometers of the vehicle described below.

(3)               I hereby certify that to the best of my knowledge the odometer reading as stated above is NOT the actual mileage of vehicle described below and should not be relied upon.

 

________________________________        ____________________________    ___________

Make                                                               Model                                                  Body Type

 

 

________________________________        ______________________    _________________

Vehicle Identification No                                   Year                                         Dealer Stock No.

 

Circle ONE only:

 

(1)   I hereby certify that the odometer of said vehicle was not altered, set back, or disconnected while in my possession, and I have no knowledge of anyone doing so.

(2)   I hereby certify that the odometer was altered for repair or replacement purposes while in my possession, and the the mileage registered on the repaired or replacement odometer was identical to that before such service.

(3)   I hereby certify that the repaired or replacement odometer was incapable of registering the same mileage, that it was reset to zero, and that the mileage on the original odometer or the odometer before repair was _______________miles/kilometers.

 

 

_______________________________          _________________________________________

(seller 1’s signature)                  (date)               (buyer 1’s signature)                             (date)

 

 

_______________________________          _________________________________________

(seller 2’s signature)                  (date)               (buyer 1’s signature)                             (date)

 

 

            Seller:                                                   Buyer:

            Phone:                                                  Phone:

            Address:                                               Address: