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Prices for any used modern Ferrari are HEAVILY dependent on:
1. Mileage. Miles that are "nothing" to a Porsche's value can be crippling to a Ferrari's value. Anything over 30,000 miles and the depreciation curve gets very steep.
2. Service records. Not what the owner SAYS, but actual records of services done. No records = much lower value and much lower resale
3. Car's known history. Do NOT rely on CARFAX to tell you if the Ferrari you are thinking of buying wasn't wrapped around a pole. It's a good first start, but you should be able to trace the car's history from owner to owner and be able (hopefully) to interrogate the owner or the owner's representative about the car.
4. Inspection! Even something as seemingly minor as an oil leak can translate into a large repair bill. Remember, fan belts are $100 bucks a pop on these cars, and brakes and rotors all around, or a new clutch---that can sting. So a thorough inspection is money well well spent.
There is no used Ferrari shortage last time I looked. So take your time and talk to people who know these cars.
2001 BMW 330ci/E46, 2008 BMW 335i conv/E93
http://www.carspace.com/mr_shiftright
If you haven't joined carspace yet, please do and let me know when you're "on" and we can link up there and swap Ferrari photos.
Depending on which Ferrari you're looking for, Steve Barney at Sport Auto in NC might be a better bet than Sheehan. Sheehan is the man if you need a 250 SWB for Pebble Beach. Steve's the guy if you want a Ferrari to actually drive.
And belts and hoses aren't bad, in my experience. I just replaced a $9 coolant hose. However the labor to install a new timing belt can involve engine removal, holy water and a blessing from the pope.
But there's nothing like a Ferrari. I've all but forgotten about my ex-911, BMW and Benz.
I have to say though, that the Enzo seemed a bit "tame" in terms of ease of driving and sound...I'm sure the car can go way faster than my capabilities, but still, it's such a gentleman compared to the older Ferraris.
Raikkonnen's WDC is subject to another court decision on McLaren's protest following the Brazilian GP. It's as much about lawyer's and judges as it is about drivers and engineers.
BTW your link is bad.
2001 BMW 330ci/E46, 2008 BMW 335i conv/E93
2001 BMW 330ci/E46, 2008 BMW 335i conv/E93
Probably if you just saw the headlights and not the rather awkward parking light arrangement and the rear of the front fender, you might think Ferrari
Not bad looking...a little fussy....
Bactium
You should consult with a Ferrari shop prior to purchase---first of all, you're going to need to locate one *before* you buy the car, since without a reputable Ferrari facility, you are out in the cold. Last thing you want is someone "claiming" to be a Ferrari mechanic, without the proper training and tools.
Once the shop has laid out for you what to expect in terms of your future *major* services (usually Ferrari requires a big service at 30K, which will cost $3,000 to $6000 dollars). Many sellers of used Ferraris like to bail out just before these major services are due---leaving YOU with no chair to sit on once the music stops.
Also you'll need to have the job give the car a thorough going over prior to purchase.
Keep in mind also that high mileage Ferraris suffer enormous depreciation, and some Ferrari people contend that a 60,000 mile Ferrari is worth no more than a parts car.
So you'd best do your homework not only on service costs, but on the current market price for 360s as it relates to the mileages on the car. The rule is "whatever gets you into a Ferrari cheaper, will come back to haunt you when you service or sell".
Modern Ferraris can be wonderful, practical, reliable automobiles, but you do have to go in with eyes open. If you don't buy the right car, and be really fussy, you can end up with a ruinous purchase.
Here's a good comp, with 18,000 miles, listed for $41,000. Hope that helps.
348 Spider on eBay
I went to several of the Scottsdale Auto Auctions this week, purely as a spectator. There were lots of spectacular and rare cars there and plenty of Ferraris both old and new.
Yesterday I had a look at this one>
The photo does not do the car justice, it was just gorgeous and looking at the year of manufacture, 1998 I could not help but think "Has it really been 15 years since they made a really good-looking Ferrari"?
2001 BMW 330ci/E46, 2008 BMW 335i conv/E93
Pretty car but you probably don't want one---they had a lot of teething problems. A 360 is mo' bettah and much less expensive to service. An engine rebuilt on a 355 can run you $40,000, no problem, which is 2/3rds the value of the car.
A Ferrari 250GT California LWB Spider sold for $8.8 million @ the RM Auction in Scottsdale last week. The huge price was no surprise to experts who consider "Enzo era" Ferraris the
cream of the vintage car market.
A few years ago, Ferrari decided to use the storied California name for a new model which IMO was a huge mistake. If you had it would you spend almost $ 9million on this>
...or this?>
2001 BMW 330ci/E46, 2008 BMW 335i conv/E93
they had a lot of engine troubles with the new California.