Pricing assistance on a California T? | FerrariChat

Pricing assistance on a California T?

Discussion in 'California/Portofino/Roma' started by Justicepool, May 24, 2020.

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  1. Justicepool

    Justicepool Formula Junior
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    #1 Justicepool, May 24, 2020
    I am looking at several models and made an offer on a couple. There were not outright rejected, but an "I'll have to get back to you reply".

    This is one model I am looking at:

    https://www.ferrariofrm.com/inventory/used-2015-ferrari-california-rear-wheel-drive-convertible-zff77xja2f0205808

    According to the sales rep it has never been titled and has been used as a dealer demo/show car.

    Now, there is no way I am paying 140k for a 2015 with 12.6k miles. I am curious as to more experienced minds thoughts on the value of this particular CPO. It is heavily optioned which is attractive.

    Any input on the true or "fair" value of an offer is much appreciated.


    Cheers,


    John
     
  2. tomc

    tomc Two Time F1 World Champ

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    #2 tomc, May 24, 2020
    There are six CPO 15s on cars.com.
    130-140 K range...T
     
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  3. Piper

    Piper Two Time F1 World Champ
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    #3 Piper, May 24, 2020
    With the full carbon fiber and HS, resale red, I think they'll get what they're asking. I was asking $126k for mine with double the miles. Granted I was probably asking too much as well, but I don't think it's that poorly priced. If you want it, I would shoot for a few % off but you'll lose this one if you hold out.
     
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  4. Justicepool

    Justicepool Formula Junior
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    #4 Justicepool, May 24, 2020
    Here is my obsessive search with some, but certainly not all, listings in the range I'm looking:


    2015 Model Year


    2015- 17k miles, 118.9k asking price
    https://www.motorhausny.com/vdp/13155359/Used-2015-Ferrari-California-Convertible-T-for-sale-in-Great-Neck-NY-11021

    2015- 11k miles, 121.9k asking price
    https://www.europeanexoticcenter.com/details-2015-ferrari-california-2dr_convertible-used-zff77xja7f0211782.html

    2015- 13k miles, 123.5k asking price
    https://www.northshoremotors1.com/2015-Ferrari-California-t-Syosset--NY-Long-Island-Suffolk-Queens-Nassau/used_car/Lqbfsjfz8tc%3d?utm_campaign=deeplink&utm_medium=referral&utm_source=cars.com

    2015- 8k miles, 129.9k asking price
    https://www.gulfcoastmotorworks.com/vehicle-details/2015-ferrari-california-t-convertible-442abff7c5154a13a5a3607a058f71c9

    2015- 10k miles 129k asking price
    https://www.sterlingmotorcars.com/used-Sterling-2015-Ferrari-California-T-ZFF77XJA7F0211975

    2015- 10k miles, 129.5k asking price
    https://www.specialtycarcollection.com/vehicle-details/2015-ferrari-california-t-convertible-26e3b6cdc6d6423f82ba4d1ab50b8831

    2015- 16k miles, 129.9k asking price CPO 2 year warranty
    https://fblod.com/showroom/inventory/ferrari-california-t-zff77xja4f0207463/

    2015- 5k miles, 132k asking price.
    https://www.foreigncarsitalia.com/used-Greensboro-2015-Ferrari-California-2DR+CONV-ZFF77XJA4F0211349

    2015- 12k miles, 133k asking price 2 year CPO warranty
    https://www.ferrarisanfrancisco.com/certified/Ferrari/2015-Ferrari-California+T-San-Francisco-Bay-Area-12ecfcd90a0e0ae7230e7abb9d8af9f6.htm

    2015- 8k miles, 134.5k asking price, CPO 2 year warranty
    https://www.ferrarifl.com/certified-ferrari/2015-ferrari-california-t-c-13499/

    2015- 8k miles, 134.5k asking price CPO 2 year warranty
    https://www.maseratili.com/inventory/certified-used-2015-ferrari-california-t-rwd-2d-convertible-zff77xja5f0210372

    2015- 1,940 miles, 139k asking price CPO 2 year warranty
    https://www.ferrarisouthbay.com/auto/used-2015-ferrari-california-torrance-ca/44597295/

    2015- 5k miles, 139.9k asking price CPO 2 year warranty
    https://www.millermotorcars.com/2015-ferrari-california-t-c-3354/

    2015- 12.6k miles 139k asking price. CPO 2 year warranty
    https://ranchomirage.ferraridealers.com/en_us/search-used-ferrari/2015/ferrari/california_t/2015_ferrari_california_t-ferrari_of_rancho_mirage-ZFF77XJA2F0205808


    2016 Model Year


    2016- 8k miles 129.9k asking price
    https://www.rmcmotorcars.com/inventory/view/9866058/2016-Ferrari-California-T-Corsa-Red/Black-8k-Miles-NICE-UPGRADES/


    2016- 16k miles, 133k asking price
    https://www.themarkmotors.com/vehicle-details/used-2016-ferrari-california-t-boerne-tx-id-33620025

    2016- 17k miles, 136.9k asking price, CPO Warranty
    https://www.cars.com/vehicledetail/detail/809746970/overview/


    2016- 9k miles, 138.9k asking price CPO Warranty
    https://www.wideworldferrari.com/inventory-details/2016/Ferrari/California T/ZFF77XJAXG0216881

    2016- 5k miles, 139.9k asking price CPO 2 year warranty
    https://www.maseratili.com/inventory/certified-used-2016-ferrari-california-t-rwd-2d-convertible-zff77xja8g0215714

    2016- 5k miles, 139.9k asking price, CPO 2 year warranty
    https://preowned.ferrari.com/us/US/search/2016/ferrari/california_t/2016_ferrari_california_t-continental_autosports-ZFF77XJA4G0212910


    2016- 9k miles 139.9k asking price
    https://www.gulfcoastmotorworks.com/vehicle-details/2016-ferrari-california-t-convertible-c96d3c5b46034bd39e8ef94a7e43989f

    2016- 4.9k miles, 141k asking price CPO 2 year warranty
    https://www.millermotorcars.com/2016-ferrari-california-t-c-3256/

    2016- 4k miles, 142.9k asking price, CPO 2 year warranty
    https://www.millermotorcars.com/2016-ferrari-california-t-c-3951/



    2017 Model Year

    2017- 14k miles, 129.9k asking price CPO 2 year warranty (one owner)
    https://www.ferrarislc.com/inventory/certified-pre-owned-2017-ferrari-california-t-rwd-convertible-zff77xja8h0228223

    2017- 6k miles, 134.9k asking price
    https://www.coasttocoastimports.com/used-vehicle-2017-ferrari-california-t-c-712/

    2017- 15k miles, 134.9k asking price
    https://www.auto.com/cars/ferrari-california-t-2017-zff77xja2h0224751

    2017- 13k miles 135k asking price
    https://www.mclarenboston.com/2017-ferrari-california-t-c-872.htm

    2017- 11k miles, 137.9k asking price
    https://www.coasttocoastimports.com/used-vehicle-2017-ferrari-california-t-c-785/

    2017- 1,711 miles, 139k asking price (One owner private party)
    https://www.autotrader.com/cars-for-sale/vehicledetails.xhtml?listingId=547324406&zip=79714&referrer=%2Fcars-for-sale%2Fsearchresults.xhtml%3Fzip%3D79714%26startYear%3D2016%26maxMileage%3D15000%26vhrTypes%3DNO_ACCIDENTS%26incremental%3Dall%26endYear%3D2016%26modelCodeList%3DFERCALIF%26makeCodeList%3DFER%26sortBy%3DderivedpriceASC%26maxPrice%3D160000%26firstRecord%3D0%26marketExtension%3Dinclude%26searchRadius%3D0%26isNewSearch%3Dfalse&startYear=2016&numRecords=25&maxPrice=160000&firstRecord=0&endYear=2016&modelCodeList=FERCALIF&makeCodeList=FER&searchRadius=0&makeCode1=FER&modelCode1=FERCALIF&clickType=listing


    2017- 9k miles, 139.9k asking price, CPO 2 year warranty
    https://preowned.ferrari.com/us/US/search/2017/ferrari/california_t/2017_ferrari_california_t-continental_autosports-ZFF77XJA8H0220686

    2017- 14k miles, 139k asking price
    https://www.imperialmotorsjaguaroflakebluff.com/used/Ferrari/2017-Ferrari-California-for-sale-Chicago-35bb6fb80a0e0adf5b641c5015ac8024.htm?utm_source=autotrader.com&utm_medium=referral&utm_campaign=autotrader_listings

    2017- 6.9kk miles, 142k asking price
    https://www.sterlingmotorcars.com/used-Sterling-2017-Ferrari-California-T-ZFF77XJA5H0226509

    2017- 7.6k miles, 142.9k asking price, CPO 2 year warranty
    https://algarferrari.com/showroom/inventory/ferrari-california-zff77xja5h0221486/?utm_campaign=deeplink&utm_medium=referral&utm_source=cars.com

    2017- 2.4k miles 146.9k asking price
    https://www.porschemonterey.com/used/Ferrari/2017-Ferrari-California-Seaside-CA-04b1360e0a0e0a6b087d79ed2c6a0277.htm?utm_source=autotrader.com&utm_medium=referral&utm_campaign=autotrader_listings

    2017- 7k miles 149k asking price CPO 2 year warranty (one owner) (4 year maintenance plan left)
    https://www.maseratiofcentralnj.com/inventory/used-2017-ferrari-california-t-rwd-2d-convertible-zff77xja5h0224212

    2017- 11k miles, 149.9k asking price, CPO 2 year warranty
    https://www.symbolcarsinc.com/used/ferrari/california_t/in-stock/2017-ferrari-california-t-houstonthe-woodlands-115220866
     
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  5. Justicepool

    Justicepool Formula Junior
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    #5 Justicepool, May 24, 2020
    Bob I agree it is very well equipped, but I just don't think it is worth 140k to me. In this thread:

    https://www.ferrarichat.com/forum/threads/2015-cali-t-price-offer-for-first-ferrari.620624/

    Timothy indicated he purchased a CPO 2015 with 12k miles and the Ferrari dealer came off the 140k asking price over 10k. I'll keep searching and the right deal will appear.

    I certainly appreciate all the F Chat member feedback and advice. It is very much appreciated.

    John
     
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  6. Piper

    Piper Two Time F1 World Champ
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    #6 Piper, May 24, 2020
    Make the offer. See what happens. You could well be right. I could easily just be biased comparing to what I believe my car is worth, right? It's what the market will bear, you're the market. Make the offer and see what happens.
     
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  7. vjd3

    vjd3 F1 Rookie
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    #7 vjd3, May 25, 2020
    The Rancho Mirage car is a pretty nice build ... the right options, and it's resale red ... mileage is a tad on the high side, as ridiculous as it is to say that about a car with 12k miles. I think it's priced more where I'd expect a 5k mile car to be. But it's also the right time of year to sell a convertible. Have you made an offer?

    The one thing I learned over the years was not to walk away from the right car in the right color with the right options over a few thousand dollars. I drive my cars, so I don't need to pay for less mileage as I am going to burn it off quickly anyway. In fact, the first thing I do on the Ferrari is set the mileage indicator to fuel range instead and forget how to put it back ;) But that's just my view, for some, the hunt is a lot of the fun of the process, I just want to put the car in the driveway.
     
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  8. Justicepool

    Justicepool Formula Junior
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    #8 Justicepool, May 25, 2020

    I agree Vic, and if it was in my dream color combination (Rosso Mugello/Cuoio) I wouldn't hesitate to pay more. My hesitation is the mileage. As you stated, its silly that 12k is "higher mileage" on a 2015, but in the Ferrari world it is. Also agree it is priced more like a 5k car. I have made an offer, it wasn't rejected, but was told the sales manager would call me back on Tuesday.
     
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  9. BLAMPEE

    BLAMPEE Man Card Status: Never Issued

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    #9 BLAMPEE, May 26, 2020
    lol....we are looking at the same cars!!!!

    please keep us updated on your progress with your offers!
     
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  10. Justicepool

    Justicepool Formula Junior
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    #10 Justicepool, May 26, 2020
    There is a good selection available. If I were open to more color combinations there would be very good deals out there. I'll let you know how my search progresses. I'm making offers this week (already made a couple).


    https://www.naplesmotorsports.com/vehicle-details/2016-ferrari-california-t-convertible-d4ec76c2b9024889a619f28a42f84700

    I love this color combination, but in my humble opinion they are not realistic in their asking price. A low optioned car and no cpo warranty.
     
  11. vjd3

    vjd3 F1 Rookie
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    #11 vjd3, May 26, 2020
    I need to stop looking at the rubino micalizzato color, because it's making my nero daytona car look all kinds of bland ;)
     
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  12. Justicepool

    Justicepool Formula Junior
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    #12 Justicepool, May 26, 2020
    Isn't it gorgeous Vic? I'm tempted to go through with my initial plan of buying a California 30 and just keep my eye out for my dream combination of Russo Mugello (or similar) with Cuoio diamond stitching interior and should one appear jump on it. I'm too impatient to be without a "weekend car" to wait for one to appear at a reasonable deal.
     
  13. TifosiConch

    TifosiConch Karting

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    #13 TifosiConch, May 26, 2020
    PM me if you are seriously considering the white/striped one in New York. The red/tan car in your 1st post is the ideal for most buyers and would be a good deal at $130ish, but if it doesn't grab you then it's not the one. I spent 3 months searching for a yellow one to no avail, finally bought my 2015 Grigio Silverstone/Cuoio car($256K MSRP) with 16K miles for $115K. I was fully intending to wrap it yellow, but the color has grown on me, especially since I tinted the windows and windshield.
     
  14. Justicepool

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    #14 Justicepool, May 26, 2020

    Paul, I'm sticking to a red/tan (burgundy/cuoio) combination. Was yours a CPO or purchased at a 3rd party / private party?
     
  15. TifosiConch

    TifosiConch Karting

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    #15 TifosiConch, May 26, 2020
    John, mine was a private party sale,has CPO warranty from prior owner until August which I can extend. I'm sure I will, as it is getting 2 new window switches and switch gear replaced under warranty next week, because they redesigned the plastic switch and stopped making the original design.
     
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  16. Justicepool

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    #16 Justicepool, May 26, 2020

    Paul, I came across this video while watching youtube. I think your color combination is gorgeous. The one in this video is nice enough for me to consider forgoing Red, but it's long gone. I actually love the color, but my bride wants Red.

     
  17. vjd3

    vjd3 F1 Rookie
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    #17 vjd3, May 26, 2020
    Silverstone is a great color. Came very close to buying an F430 spider in silverstone over tan last summer but the dealer wholesaled it out from under me after we had agreed on the deal.

    I went black with my T but I loved my Cali 30 grigio titanio over couio ... still regret parting with it but life gets in the way sometimes. I thought the color really accentuated the lines of the original California and looked terrific with the optional rims and yellow calipers.

    Image Unavailable, Please Login
     
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  18. Justicepool

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    #18 Justicepool, May 26, 2020
    Well 3 out of my top "5" list are gone as of this weekend. :mad:
     
  19. tomc

    tomc Two Time F1 World Champ

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    #19 tomc, May 26, 2020
    That stinks...T
     

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