Who buys the repaired 458's?

Who buys the repaired 458's?

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Discussion

giggle

Original Poster:

1,953 posts

251 months

Sunday 29th June 2014
quotequote all

The web is a wash with UK 458's smashed to bits.
I just wonder who buys these cars after they have been repaired?
As youre perusing the used stock do Ferrari Main dealers say
"That's a lovely car and its just had a new front end and side too"
or wont they retail a car like that?

What happens to them?

cartoons

101 posts

255 months

Wednesday 2nd July 2014
quotequote all
Often it's people with cash to spend ,so drug dealers, vat fraudsters and money launderers! There's the odd person who will buy one to save money, but they tend to buy them damaged and save even more by getting it repaired themselves.

andymc

7,405 posts

213 months

Wednesday 2nd July 2014
quotequote all
pretty sure a main dealer won't touch a cat C/D car

TISPKJ

3,651 posts

213 months

Thursday 3rd July 2014
quotequote all
cartoons said:
Often it's people with cash to spend ,so drug dealers, vat fraudsters and money launderers! There's the odd person who will buy one to save money, but they tend to buy them damaged and save even more by getting it repaired themselves.
What difference does the cars status make in that scenario them ?

MDahmen

7,104 posts

183 months

Thursday 3rd July 2014
quotequote all
not sure who buys them - but subject to severity of the crash (chassis damage would make me nervous), if it was repaired properly and sold at a price reflecting its history it would not bother me too much on a car like a 458. Not really a collectors car anyway so keeping it in mint/never repainted condition is probably not that important. If it is cheap enough I'd hope I will eventually lose less money on it as over time the gap between a repaired car and a clean car will narrow.

Different cars and age, but I was just looking for a 996 GT2 in Germany and obviously preferred one with original panels, but it seems there are hardly any around. One seller said sth along the lines of "finding a 996 GT2 without replacement panels is like finding a 30 year old virgin". I did come round to the thinking that paying a premium for a "supposedly" clean car might not be worthwhile because the likelihood that I hit something / it needs new bumpers due to parking mistakes by others etc. during my 10k miles a year is maybe just high enough to not warrant it. And I would be rather annoyed if I had a new bumper and a new front hood and everybody then applied the same discount to my car as they are applying to much more heavily damaged ones (probably not a remote possibility, at least not in the UK).

Anyway, not sure this made much sense - am still too tired and need coffee



TISPKJ

3,651 posts

213 months

Thursday 3rd July 2014
quotequote all
Yeah but your new bumper won't be recorded as a cat C or D

MDahmen

7,104 posts

183 months

Thursday 3rd July 2014
quotequote all
that is true, but I think many UK buyers will price a car that had a new bumper and hood or wing (no idea, but probably a 5-digit amount of work at Ferrari) not dissimilar to a Cat D. No idea about Cat C cars.

TISPKJ

3,651 posts

213 months

Thursday 3rd July 2014
quotequote all
I can see what you are trying to get at, however the key here is that you would not disclose that information.

Cat C or D or any others would be by definition recorded

kev b

2,724 posts

172 months

Thursday 3rd July 2014
quotequote all
I always assumed they would be repaired and exported to other RHD countries.

That or used for legitimising stolen cars then broken for parts.

Either way possibly involving a little economy with the truth.

Others may end up on track where insurance write off matters less.

MDahmen

7,104 posts

183 months

Thursday 3rd July 2014
quotequote all
TISPKJ said:
I can see what you are trying to get at, however the key here is that you would not disclose that information.

Cat C or D or any others would be by definition recorded
ok that's the difference then as I would disclose it to a buyer. Also I hoped that if you have a car checked somebody knowledgeable should be able to tell if panels were changed due to paint differences (assuming they did not do a full repaint of the entire car) or some other indications - maybe being optimistic here.

Paul O

2,814 posts

189 months

Friday 4th July 2014
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MDahmen said:
ok that's the difference then as I would disclose it to a buyer. Also I hoped that if you have a car checked somebody knowledgeable should be able to tell if panels were changed due to paint differences (assuming they did not do a full repaint of the entire car) or some other indications - maybe being optimistic here.
Painted panels could be legitimate though. Scratched by some scumbag, or a parking ding, or a bumper full of stone chips.

Other indications such as bent bits underneath would be a stronger indicator on cars of this type I'd guess.

giggle

Original Poster:

1,953 posts

251 months

Sunday 6th July 2014
quotequote all
So no one knows then!

I was'nt talking about cat c or cat d cars, just damaged 458's that are repaired and sold at the same price as the next car. There must be loads now.

At 150K and up I would'nt want anything other than factory fresh original panels and paintwork but I have to assume most buyers don't ask the question or make the checks to find out.

X1BHO

83 posts

145 months

Sunday 6th July 2014
quotequote all

giggle

Original Poster:

1,953 posts

251 months

Sunday 6th July 2014
quotequote all
X1BHO said:
"A passer by posted the two photos below along with a comment that it had started raining shortly beforehand which could be the main contributing factor towards the accident".

LOL

Just a stab in the dark here but "the main contributing factor" was speed/skill not rain.

g7jhp

6,991 posts

244 months

Sunday 13th July 2014
quotequote all
TISPKJ said:
cartoons said:
Often it's people with cash to spend ,so drug dealers, vat fraudsters and money launderers! There's the odd person who will buy one to save money, but they tend to buy them damaged and save even more by getting it repaired themselves.
What difference does the cars status make in that scenario them ?
Surely anyone looking to buy a car (even those who's source of earnings may be dubious) would want to get a straight car to protect their investment.


voicey

2,457 posts

193 months

Wednesday 16th July 2014
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I noticed that there's a 458 on Copart (UAE) which is pretty totalled...