70K miles on a 2002 Ferrari | FerrariChat

70K miles on a 2002 Ferrari

Discussion in 'Ferrari Discussion (not model specific)' started by Chiaro_Slag, Jun 4, 2004.

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  1. Chiaro_Slag

    Chiaro_Slag F1 Veteran

    Oct 31, 2003
    7,789
    CA
    Full Name:
    Jerry
  2. tubeguy

    tubeguy Formula 3

    May 21, 2003
    1,041
    Upland California
    Full Name:
    Kevin Deal
    That is my neighbor Frank. Super nice guy, and loves his cars. And likes to drive them. But I will say he seems to have no problem getting things taken care of. Must be the highest mileage 360 in the country...or the world.

    But it still runs like stink! He took me down the block a few months ago, and it rocks! Makes me feel good about the engine in my own 360
     
  3. vincent355

    vincent355 F1 Veteran
    Rossa Subscribed

    Apr 8, 2003
    6,506
    Wine Country
    Full Name:
    Vincent
    Cool!!! do you know what he is asking for it?
     
  4. fanatic1

    fanatic1 Guest

    Nov 1, 2003
    561
    columbus
    Full Name:
    philip
    Wow...........I wonder what price he'd take, anyone know what a fair price for this would be...............I can't really guess, but with such high mileage I'd like to think I could get it at a really good price.........in 3 years, I'll hit 100 thousand miles, and the care will have almost no resale value........any ideas guys?
     
  5. fanatic1

    fanatic1 Guest

    Nov 1, 2003
    561
    columbus
    Full Name:
    philip
    Top............so guys, an '02 with 70K..........what would you think is a fair price............anyone????
     
  6. Alex_V

    Alex_V F1 Rookie
    BANNED

    Apr 8, 2004
    3,611
    Boulder, CO
    Full Name:
    Alex
    Ill take it! :p ;)

    Seriously though, I dont know if thats good or not, i mean 70k will lower the price on any car...but this is no car, its a Ferrari, a nearly bran-new Ferrari, so im not too sure...
     
  7. steve f

    steve f F1 World Champ

    Mar 15, 2004
    12,119
    12cylinder town
    Full Name:
    steve
    the more milage they have done the better they drive if they have fsh i had a testarossa with 60k on it and it drove better than the one i replaced it with that had only 20k on it if i lived in the usa i would be the best bidder at the moment
     
  8. That car looks like a 10k car the interior is perfect. I bet that car runs perfect.
     
  9. Z0RR0

    Z0RR0 F1 Rookie

    Apr 11, 2004
    3,470
    Montreal, Canada
    Full Name:
    Julien
    Auction is at 140 grands, reserve met ... sounds like a deal ... but with 4 days remaining ... it sounds like it's gonna be a good sale (for the seller). Nice to see that driven cars still have a good demand going for them. Sweet.
     
  10. chaa

    chaa F1 Veteran

    Mar 21, 2003
    5,058
    I still find it so sad when a value of a ferrari is depending on what mileage it has on it, must be one of the few cars that do. What is it 70K on anyother car like say a porsche its only broke in. Realy sad.
     
  11. 911Fan

    911Fan Formula 3

    Apr 15, 2004
    1,294
    Southern California
    Lots of driving fun and the total cost of ownership will be about $1/mile!

    I hope this inspires the legions of garage queen owners to get up enough courage to stop worshipping and start driving their beloved Ferraris!

    But it'll never happen.
     
  12. enjoythemusic

    enjoythemusic F1 World Champ

    Apr 20, 2002
    10,676
    Worldwide
    Full Name:
    Steven
    Agreed, the more miles the better she runs! i would RUN AWAY from anything pre-1990 with under 40k miles.
     
  13. LSU348

    LSU348 Formula 3

    Dec 19, 2003
    1,047
    Sugar Land
    Full Name:
    Mike
    My 85 308 GTB QV has 86k on it and runs fantastic. I think the only time it ever came close to garage queen status was when the dealer had it. I think I am the third owner. I will still cringe when I flip 100k. I'll be back out cruising again this weekend.

    Had to buy a house with a bigger garage so the BMW did not have to sleep outside :) (because the wife's car sure as heck was never going outside).

     
  14. scycle2020

    scycle2020 F1 Rookie

    Jan 26, 2004
    3,477
    potomac
    the 360s are pretty well built, and this shows the newer exotics are no longer kit car quailty built....if you want to keep the car and drive it, then it could be a good deal inthe 140s
     
  15. Timbo

    Timbo Karting

    Feb 5, 2004
    102
    Portsmouth, NH
    Full Name:
    Timbo
    Reserve met at $144K, and 3 days of bidding left to go. Not bad. I'd consider that a vote of confidence in this car to go a ton of miles, and rightfully so IMHO.
     
  16. henryr

    henryr Two Time F1 World Champ
    Silver Subscribed

    Nov 10, 2003
    22,366
    Atlanta
    Full Name:
    Juan Sánchez Villa-L
    someone must have $140k to blow. car looks great in the photos but i wouldnt touch it with that kinda of miles for that money.
     
  17. Senna1994

    Senna1994 F1 World Champ

    Nov 11, 2003
    13,183
    Orange County
    Full Name:
    Anthony T

    Kevin, he has a Diablo I think with a lot of miles as well.
     
  18. zach_300zxTT

    zach_300zxTT Formula Junior

    Nov 28, 2003
    286
    Clemmons, NC
    Full Name:
    Zach Lindsey
    The car looks like a sub-10K mile car. Looks nearly perfect inside and out. He has obviously taken care of his Ferrari.
     
  19. PCH

    PCH F1 Rookie

    Apr 7, 2004
    3,007
    Don't kid yourself. Any car this new with 70K miles will take a serious hit, even a Porsche.
     
  20. kenster888

    kenster888 Formula Junior

    Nov 3, 2003
    436
    Massachusetts
    Whoever buys this car at $140k+ is a dummy.
     
  21. donv

    donv Two Time F1 World Champ
    Owner Rossa Subscribed

    Jan 5, 2002
    25,980
    Portland, Oregon
    Full Name:
    Don
    So what would be an appropriate price? Given that a new one, out the door, is around $200k, and a 2002 with say, 5000 miles, would probably be at least $180k?

     
  22. atheyg

    atheyg Guest

    He probably didn't know how to disconnect the speedo, or maybe is just an honest guy.

    If he was the orig owner all you would need is a used speedo with 14k miles on it and no-one would question it, another point to not believe stated mileage on odometers.
     
  23. damcgee

    damcgee Formula 3

    Feb 23, 2003
    1,864
    Mobile, AL

    This is why service histories exist (and CarFaxes, for that matter).

    The dealership will have a full service history with the mileage. Hopefully you weren't implying he "should have" turned back the speedo.
     
  24. 134282

    134282 Four Time F1 World Champ
    BANNED

    Aug 3, 2002
    40,647
    California
    Full Name:
    Carbon McCoy
    70,000 miles, awesome...!

    i don't think that many miles should matter on an '02 Spider; it's still an '02 Spider and it looks like a garage queen... The owner obviously took meticulous care of the car and at the same time, didn't forget what the car is for in the first place: driving. i think the current bid is a very fair price for, what appears to be, a flawless car...

    70,000 miles... Damn... The dude must have a permanent smile on his face...
     
  25. atheyg

    atheyg Guest


    Carfax and dealership histories don't help if the speedo is disconnected periodically, the warranty would have long expired by that time so an owner could take it to an independent for service.

    A 70k mile Ferrari is worn out by most buyers, a 100k one is ready for the crusher, it always amazes me how many Ferraris of all models for sale magically have 30k miles on them.
    30k must be a good marketable number, not so new it won't show some wear but not tired by Ferrari buyer standards.
     

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