Previous owners on fezza's
Discussion
Not that uncommon, think its more a question of low owners adding to the value.
If the service history is bang on then I wouldnt worry too much (though I certainly wouldnt really want any more owners on it!)
The likes of Ferraris and 911's etc do change hands pretty regulary due to changing finacial situations and novelty factors
(says the bloke with a 13yr old one previous owner lotus elan se)
>> Edited by mustard on Saturday 25th September 19:53
If the service history is bang on then I wouldnt worry too much (though I certainly wouldnt really want any more owners on it!)
The likes of Ferraris and 911's etc do change hands pretty regulary due to changing finacial situations and novelty factors
(says the bloke with a 13yr old one previous owner lotus elan se)
>> Edited by mustard on Saturday 25th September 19:53
6 owners is way to many, if you like the car, and its for you and you intend to keep it a long time, hit them hard and get that price down. When you come to sell it though, you'll have real problems as you're number 7. A friend of mine was selling his 355, he was number 6. As an exampleof his difficulties , a buyer from a Ferrari main dealer drove 120miles to check the car over, he looked around the car (which was in as new condition), however as soon as he saw the number of owners in the logbook, he walked away without even bothering to make an offer.
This many owners may suggest a lemon, or thats what a potential buyer will suggest to get the price down.
This many owners may suggest a lemon, or thats what a potential buyer will suggest to get the price down.
Think you'll find that 1, 2 or even 3 owner 8yr old Ferraris are the exception rather than the norm.
Yes a Ferrari main dealer would cherry pick on a 355 only selling the very best examples, and this woulod to some extent include number of owners.
Most 355 (and 993 Porsche 911's) are now in the land of the independant specialists.
I have to admit that I am a little prejudice in liking low number of owners, but with these cars people do buy them, play with them then get bored with them after 12mths (or less!) and in general there is nothing wrong with them.
If in doubt speak to the previous owners and servicing dealers (if they are different to the seller)
Yes a Ferrari main dealer would cherry pick on a 355 only selling the very best examples, and this woulod to some extent include number of owners.
Most 355 (and 993 Porsche 911's) are now in the land of the independant specialists.
I have to admit that I am a little prejudice in liking low number of owners, but with these cars people do buy them, play with them then get bored with them after 12mths (or less!) and in general there is nothing wrong with them.
If in doubt speak to the previous owners and servicing dealers (if they are different to the seller)
As mentioned before, 6 owners should give you room to haggle on purchase price. As long as service history is spot on and the car's PPI comes back fine and you intend to keep the car a while, go for it.
At the other end of the extreme is my '96 spider bought from 1 st owner in 2001 .He covered 6k miles in 5 yrs !
At the other end of the extreme is my '96 spider bought from 1 st owner in 2001 .He covered 6k miles in 5 yrs !
tonyhopkins said:When I picked up an F car that had done 750 miles in the last 5 years, the loud ringing of alarm bells meant that every belt, tensioner, fluid, all four tyres and the battery, were changed immediately - and even then one of the relays needed a sharp tap with a screwdriver to make it work properly. That little lot was reflected in the price I paid. Even now at about 10,000 miles on an 18 year old car, I'm not too happy with how tight the engine feels. Early owners who go to ridiculous lengths to keep mileages ultra-low should be taken out with their cars and driven.
...my '96 spider bought from 1 st owner in 2001 .He covered 6k miles in 5 yrs !
turbobloke said:
...my '96 spider bought from 1 st owner in 2001 .He covered 6k miles in 5 yrs !
When I picked up an F car that had done 750 miles in the last 5 years, the loud ringing of alarm bells meant that every belt, tensioner, fluid, all four tyres and the battery, were changed immediately - and even then one of the relays needed a sharp tap with a screwdriver to make it work properly. That little lot was reflected in the price I paid. Even now at about 10,000 miles on an 18 year old car, I'm not too happy with how tight the engine feels. Early owners who go to ridiculous lengths to keep mileages ultra-low should be taken out with their cars and driven.
Yes, i hear you! The only saving grace for me was that the previous owner spent a fortune having the car maintained and fettled by Meridien Modena.
BTW, just spotted your 964 Turbo2. V nice.... I had a 964 Speedster a while back, loved it to bits!
Well, going through the HPI, the history breaks down as 5 owners between 1996 and 2000! Total 10k miles. Then one owner since Sept 2000, in which time it's done 12k miles....
I've spoken with the last servicing dealer and they said it was a very clean example.
To be honest i've not been able to find another car as good within 5k of the price. But then again i don't want a car i can't shift in 18 months or so.
I guess the next step is the independent inspection. As the car is in Leeds will i be able to get someone from JCT600 to go see it? Alternatively should i get the seller to take it into them for a checkover?
Oh one final thing. What level of accident damage does the HPI cover? Will the ferrari network be able to provide any info on minor accident damage?
Now i know why i've always bought cars from new before
>> Edited by stuh on Saturday 25th September 22:22
I've spoken with the last servicing dealer and they said it was a very clean example.
To be honest i've not been able to find another car as good within 5k of the price. But then again i don't want a car i can't shift in 18 months or so.
I guess the next step is the independent inspection. As the car is in Leeds will i be able to get someone from JCT600 to go see it? Alternatively should i get the seller to take it into them for a checkover?
Oh one final thing. What level of accident damage does the HPI cover? Will the ferrari network be able to provide any info on minor accident damage?
Now i know why i've always bought cars from new before
>> Edited by stuh on Saturday 25th September 22:22
stuh said:
Well, going through the HPI, the history breaks down as 5 owners between 1996 and 2000! Total 10k miles. Then one owner since Sept 2000, in which time it's done 12k miles....
I've spoken with the last servicing dealer and they said it was a very clean example.
To be honest i've not been able to find another car as good within 5k of the price. But then again i don't want a car i can't shift in 18 months or so.
I guess the next step is the independent inspection. As the car is in Leeds will i be able to get someone from JCT600 to go see it? Alternatively should i get the seller to take it into them for a checkover?
Stu
not sure if main dealers do PPI's but i'm pretty sure Strasse [sp} in Leeds do. I can get details if you want from Northern Fchat lads?
tonyhopkins said:
Well, going through the HPI, the history breaks down as 5 owners between 1996 and 2000! Total 10k miles. Then one owner since Sept 2000, in which time it's done 12k miles....
I've spoken with the last servicing dealer and they said it was a very clean example.
To be honest i've not been able to find another car as good within 5k of the price. But then again i don't want a car i can't shift in 18 months or so.
I guess the next step is the independent inspection. As the car is in Leeds will i be able to get someone from JCT600 to go see it? Alternatively should i get the seller to take it into them for a checkover?
Stu
not sure if main dealers do PPI's but i'm pretty sure Strasse [sp} in Leeds do. I can get details if you want from Northern Fchat lads?
It was actually Charlie at Strasse that i spoke to, as they did the service a few weeks back! However i would love someone who knows 355 to come along and see the car with me. Obviously i'd supply food and beer
tonyhopkins said:964/965 cars have certain qualities that are increasingly hard to find these days. Being over-engineered for one. Speedsters, you don't see many of those, very special. My own 965 had a similar tale to the Koenig regarding under-use. It had been garaged for some time before the last owner traded it in, then it was advertised over a six month period during which time I watched the sticker price fall by £6000, great, but having got it the garaged lifestyle followed by six months of naff all road miles on a forecourt led to trouble from the cooling fan belt and most things with moving fluids. Brake master cylinder and oil thermostat were the first but there were more. So yes I have a thing about low milers, they're supposed to be desirable but the truth can be very different. Ferraris are not exactly well used in general. Stuh, any views from Fchat?
BTW, just spotted your 964 Turbo2. V nice.... I had a 964 Speedster a while back, loved it to bits!
turbobloke said:
BTW, just spotted your 964 Turbo2. V nice.... I had a 964 Speedster a while back, loved it to bits!
964/965 cars have certain qualities that are increasingly hard to find these days. Being over-engineered for one. Speedsters, you don't see many of those, very special. My own 965 had a similar tale to the Koenig regarding under-use. It had been garaged for some time before the last owner traded it in, then it was advertised over a six month period during which time I watched the sticker price fall by £6000, great, but having got it the garaged lifestyle followed by six months of naff all road miles on a forecourt led to trouble from the cooling fan belt and most things with moving fluids. Brake master cylinder and oil thermostat were the first but there were more. So yes I have a thing about low milers, they're supposed to be desirable but the truth can be very different. Ferraris are not exactly well used in general. Stuh, any views from Fchat?
Yes, the view seems to be that number of owners is largely irrelevant once Fcars reach this age. As someone commented, it's much more likely that the 6 previous owners will have spent considerably more caring for their pride and joy than 1 single owner would have done over that same time period.
The price, 47.5k for a 22k mile RHD "N" is a very good, so i'll work on the principle, buy cheap, sell cheap. It also had an MOT in June, so i'm hoping that any major probs would have been picked up then.
Just need a final PPI to give me a final warm fuzzy feeling before i take the car!
Getting very excited now though
For what it's worth, I think the main issue is how you intend to use it ....
If you are buying it to keep for a while and use a lot then I think condition, history and who you are buying it from matters a lot. Since you are expecting to put miles on the car you're not bothered how much it will sell for, in any case so long as you get it serviced somewhere good and do more than just the minimum you will be able to get them to put a good word in for the car when selling.
If on the other hand it is for weekend use, and you know you will be selling at some point and the value will be an issue, then you need to pay a little more, go to a main dealer, history is vital as is mileage, as is previous owners, as is how you treat it.
Personally I like high mileage, used properly, looked after properly.
If you are buying it to keep for a while and use a lot then I think condition, history and who you are buying it from matters a lot. Since you are expecting to put miles on the car you're not bothered how much it will sell for, in any case so long as you get it serviced somewhere good and do more than just the minimum you will be able to get them to put a good word in for the car when selling.
If on the other hand it is for weekend use, and you know you will be selling at some point and the value will be an issue, then you need to pay a little more, go to a main dealer, history is vital as is mileage, as is previous owners, as is how you treat it.
Personally I like high mileage, used properly, looked after properly.
guydw said:
For what it's worth, I think the main issue is how you intend to use it ....
If you are buying it to keep for a while and use a lot then I think condition, history and who you are buying it from matters a lot. Since you are expecting to put miles on the car you're not bothered how much it will sell for, in any case so long as you get it serviced somewhere good and do more than just the minimum you will be able to get them to put a good word in for the car when selling.
If on the other hand it is for weekend use, and you know you will be selling at some point and the value will be an issue, then you need to pay a little more, go to a main dealer, history is vital as is mileage, as is previous owners, as is how you treat it.
Personally I like high mileage, used properly, looked after properly.
Fair comment - I'll probably run for 18 months or so and it will get around 6k miles PA.
Only problem is that going to main dealer, paying a little more is more like 10k more at least! (phew there lot's of mores in there
)I nearly went for a 6 owner 98'R GTS at the weekend, from a main dealer. It needed new tyres and a bit of paint, tried to get a deal as the number of owners was high, but they wouldn't budge more than 995 quid. So I walked away...
I was surpised as I assumed that they would have hit the guy who px'd it very heavily and would have a big margin, but it does go to show that main dealers will still entertain high owner cars.
Incidentally, I had a black 355 Spider in '99. Wonder if it's the same car ?
I was surpised as I assumed that they would have hit the guy who px'd it very heavily and would have a big margin, but it does go to show that main dealers will still entertain high owner cars.
Incidentally, I had a black 355 Spider in '99. Wonder if it's the same car ?
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