430 - purchase help please | FerrariChat

430 purchase help please

Discussion in '360/430' started by mazand1982, Jun 12, 2021.

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  1. mazand1982

    mazand1982 Rookie

    Jun 1, 2021
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    #1 mazand1982, Jun 12, 2021
    hello everyone I’m looking to purchase my first Ferrari. In the market for a good deal on a 430 or possibly 360 since I’m on a budget. I found a guy who’s selling a 430 with 19 K miles and everything seems to be in great condition considering the years on the vehicle. Originally it was silver with black interior but it’s been wrapped in red.
    he has it listed for $95,000. Although I feel like that is below asking price he said the clutch is you replaced 1k miles ago.

    does the car being wrapped take much away from the value?


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  2. CoreyNJ

    CoreyNJ Formula 3
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    Apr 17, 2006
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    #2 CoreyNJ, Jun 12, 2021
    Never buy a wrapped car. You don’t know what is underneath.


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  3. NMNMNMN

    NMNMNMN Formula Junior
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    #3 NMNMNMN, Jun 12, 2021
    That’s a good deal assuming it’s a nice car. Ask him to unwrap it?


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  4. hhwear

    hhwear Rookie

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    #4 hhwear, Jun 12, 2021
    Have to agree with the fact you don't know if the paint is pristine under the wrap, or if they cheaped out and corrected a bad paint job with wrap. You should add in the cost of a complete paint job to your price in case you ever decide to unwrap and find that its needs to be painted. Good luck on finding something you like.
     
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  5. mazand1982

    mazand1982 Rookie

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    #5 mazand1982, Jun 12, 2021
    he seems like a pretty straightforward guy and he said he’s having a new Ferrari delivered next month so I think he’s just trying to get rid of it to make some room. I think it’s a great deal
    He said when he bought the car it was rough but a black color so when he took it to the place they unwrapped it and said that the silver paint underneath was in good condition, probably just not a very bold color, I personally don’t like the silver color myself either. But it looks great in red


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  6. CoreyNJ

    CoreyNJ Formula 3
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    #6 CoreyNJ, Jun 12, 2021
    I’ll say it again. Do not buy a wrapped car. It could be hiding a lot of things more than just scratched or worn paint.

    Spend the extra money and get a car that is not wrapped and already the color you want.

    If the owner wants to sell. He should unwrap so you can do a proper PPI, otherwise to quote Monte Python…. “Run away,run away”


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  7. kes7u

    kes7u Formula 3
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    #7 kes7u, Jun 12, 2021
    You seem to be trying to convince us and yourself.

    There is no reason you should implicitly trust this guy. Whatever he 'seems like' is irrelevant. I suppose you must have had less negative experiences with people in your life than me.

    If solid PPI, then factor in the cost of a new paint job, combined with the loss in value from a re- paint, and offer that.

    Kevin

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  8. NMNMNMN

    NMNMNMN Formula Junior
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    #8 NMNMNMN, Jun 12, 2021
    Last edited: Jun 12, 2021
    This.

    Corey is 100 percent correct in my eyes.

    I would unwrap a wrapped car if I had one and wanted to sell it. Last car I had re-painted was a 56 Chevy the paint job full strip and refinish cost 32k, for some perspective on cost for a full high quality repaint. Also, a repainted Ferrari 430 at this date is an unwanted car for many, when there are a lot without a respray available in excellent condition for sale usually.

    You could have a PPI and take your chances on the paint. Is there accident history? Clean Carfax, Autocheck etc...

    I would not risk 90k on this car without seeing the actual paint myself.




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  9. mazand1982

    mazand1982 Rookie

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    #9 mazand1982, Jun 12, 2021
    sounds good thanks brotha


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  10. mike32

    mike32 F1 Veteran

    May 13, 2016
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    #10 mike32, Jun 12, 2021
    How fast can you run ? Then keep going. Let him unwrap it and then see what you have. Cannot understand anyone wrapping a supercar
     
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  11. Daryl Zernick

    Daryl Zernick Karting

    Jul 7, 2020
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    Daryl A. Zernick
    #11 Daryl Zernick, Jun 14, 2021
    Me neither, but this looks cool ;-) ...
     

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