Will This Hurt Value Much? | FerrariChat

Will This Hurt Value Much?

Discussion in '458 Italia/488/F8' started by beatboy77, Apr 10, 2019.

This site may earn a commission from merchant affiliate links, including eBay, Amazon, Skimlinks, and others.

  1. beatboy77

    beatboy77 Karting

    Apr 22, 2017
    54
    Colorado Springs
  2. 707

    707 Karting

    May 29, 2014
    175
    Full Name:
    Alex
    Well per your post you are getting a deal on it. So i assume its because of this. Therefore it must affect the cost


    Sent from my iPhone using Tapatalk
     
  3. Jaguar36

    Jaguar36 Formula Junior

    Nov 8, 2010
    834
    Cherry Hill, NJ
    The car has a story, it may not be a big deal, but just the fact that it has a story, that will need to be investigated, explained and inspected will hurt the value of it.
     
    Afonsolaw likes this.
  4. saraojo

    saraojo Formula 3

    Mar 9, 2015
    1,275
    Northeast
    You will get a much lower trade in or have a difficult time selling it close to market prices when you decide it's time to get rid of it
     
    Manny Hilkey and Afonsolaw like this.
  5. Chiaroman

    Chiaroman Formula 3
    Rossa Subscribed

    Apr 21, 2004
    1,657
    New Jersey
    It hit an animal and there was no damage.
    I wonder why it was reported?
    Curious.
     
    Graz and ChipG like this.
  6. Surfah

    Surfah F1 Rookie

    Dec 20, 2011
    3,135
    +1. Any upfront savings on buying a used car with "stories" and an unclean Carfax in addition to 30K miles will be offset when it comes to selling the car. Buyers are selective at this pricepoint and I for one would never buy a used F-car with this Carfax. There's too many other examples of one owner, clean Carfax, low mileage for slightly more up front.
     
    Afonsolaw likes this.
  7. jjp11

    jjp11 Karting

    Sep 1, 2013
    131
    short answer, yes.
     
    Afonsolaw likes this.
  8. PJxxx

    PJxxx Karting

    Sep 14, 2017
    129
    Full Name:
    PJ Cusano
    Moose?
     
    LightGuy likes this.
  9. Viper830tt

    Viper830tt Karting
    Rossa Subscribed

    May 10, 2017
    153
    Endangered banana slug?????

    Sent from my SM-N920V using FerrariChat.com mobile app
     
    PJxxx and LightGuy like this.
  10. Rory breaker

    Rory breaker Formula Junior

    Apr 17, 2017
    269
    Yes. Unless it’s salvage car price or below and you have no issue sitting on it when it comes time to sell....Id pass, too many better options, why settle. IMO.
     
  11. KC360 FL

    KC360 FL Formula 3

    Jun 20, 2017
    1,677
    Melbourne Florida
    Full Name:
    KGC
    It's been said by wiser men than me; The cheapest Ferrari you can find usually ends up being the most expensive car you will ever own.

    To add... And cannot re-sell.

    If its' going to be a track car that you intend to "use up" then, maybe.
     
    Afonsolaw, Rbwiii and PJxxx like this.
  12. boobernackle

    boobernackle Formula Junior

    May 28, 2016
    951
    The driver hit the animal and called the police. They wrote the report with the vehicle's VIN and it shows up on the Carfax.

    Simple as that.
     
    peteficarra likes this.
  13. Jaguar36

    Jaguar36 Formula Junior

    Nov 8, 2010
    834
    Cherry Hill, NJ
    Sucks that a simple phone call like that will tank the value of your car.
     
    peteficarra likes this.
  14. LightGuy

    LightGuy Three Time F1 World Champ
    Silver Subscribed

    Oct 4, 2004
    39,592
    Texas
    Full Name:
    David

    Moral of the story appears to keep driving.

    All this good Samaritan stuff is overrated ;)
     
  15. bball16

    bball16 F1 Rookie
    Rossa Subscribed

    Dec 2, 2011
    3,845
    NY LI FtL
    Full Name:
    Mike
    Should have sued the animal for diminished value.
     
    PJxxx likes this.
  16. boobernackle

    boobernackle Formula Junior

    May 28, 2016
    951
    Deer are relentless, probably called the police for the insurance bailout.
     
    Jaguar36 and PJxxx like this.
  17. ChipG

    ChipG Formula 3

    May 26, 2011
    1,722
    Santa Monica, CA
    Can you post the police report and photos they took? Police reports are for insurance claims.
     
  18. peteficarra

    peteficarra Karting

    Jun 22, 2010
    158
    ontario
    Full Name:
    peter j ficarra
    It is the law in most states to rrport an animal hit.
     
  19. RedNeck

    RedNeck F1 Veteran
    BANNED Silver Subscribed

    Jul 8, 2016
    9,875
    The CSA
    Full Name:
    Me
    Utterly ridiculous that this question even has to be asked. The car probably hit bugs too...maybe some air or *gasp* rain.
     
  20. boobernackle

    boobernackle Formula Junior

    May 28, 2016
    951
    If you hit a deer and it lands dead in the middle of the road, or in severe pain, the police will take it out of its misery.

    If the cop shows up, they can write a report detailing what happened, which dings the CarFax as the VIN will be included.
     
  21. ChipG

    ChipG Formula 3

    May 26, 2011
    1,722
    Santa Monica, CA
    I have seen hundreds of cars totaled from hitting deer and people die from it. Lets hope this car didn't hit a deer!
     
  22. boobernackle

    boobernackle Formula Junior

    May 28, 2016
    951
    What about a skunk?
     
    ChipG likes this.
  23. wrs

    wrs F1 World Champ
    Owner Rossa Subscribed

    Jul 11, 2015
    11,915
    Lakeway, Texas
    Full Name:
    William
    If they are knocking down the price selling it to you then why would it be knocked down again on the subsequent sale? This is just stupidity in action if you ask me. If you like the car and it's a good deal for you then buy it. The carfax report is irrelevant and isn't the reason the car is priced at a deal, more likely the 30k miles is the reason.
     
    Gh21631, Texasrecurve and jehu999 like this.
  24. up4speed

    up4speed F1 Rookie
    Silver Subscribed

    Feb 16, 2012
    3,543
    Long Island, NY
    Full Name:
    Chris
    I don’t know what state it happened in, but in New York, it is the law to report it to police if you hit a dog, or a domesticated cat.
     
  25. markcs

    markcs Karting

    Oct 23, 2016
    141
    Never seen a dog or a cat in NY
    Lots of squirrels though
    Do you have to ring the police if you hit a Squirrel?
     
    Sonoma likes this.

Share This Page