Make an offer before or after PPI? | FerrariChat

Make an offer before or after PPI?

Discussion in 'Ferrari Discussion (not model specific)' started by BLAMPEE, May 11, 2020.

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

  1. BLAMPEE

    BLAMPEE Man Card Status: Never Issued

    I have found a Cali I like on the East Coast.

    I am going to have FoLI do a PPI.

    Do I make an offer to the used-car dealer before or after the PPI has been completed?
     
    anunakki likes this.
  2. AlfistaPortoghese

    AlfistaPortoghese Moderator
    Lifetime Rossa

    Mar 18, 2014
    3,778
    Europe, but not by much.
    Full Name:
    Nuno
    Personally, I’ve never made an offer before the PPI. The PPI is decisive to have an idea of what value to put forward. Making an offer before the PPI is a bit like flying blind, imvho.

    Kind regards,

    Nuno.
     
  3. BLAMPEE

    BLAMPEE Man Card Status: Never Issued

    Should I put a deposit down before the PPI?

    The car is a 2014 Cali with 3,600 miles and all service done by FofLI.

    Wouldn't the fact that I am shelling out $350 for a PPI be used as a tool for the used-car dealer against me--meaning, oh he already shelled out $350 to have the car inspected so if he makes a low offer we will not accept it because we know he just spent that money?
     
  4. flat_plane_eddie

    flat_plane_eddie F1 Rookie
    Owner Regional Sponsor Silver Subscribed

    Mar 30, 2013
    3,165
    NE FL
    Full Name:
    Eddie
    Just do what you think is best, don't overthink it. Personally, I'd offer them something before with the understanding that it's dependent upon an inspection. That way if my offer is no good to them, I don't waste my time or theirs.
     
    Jdubbya, Natkingcolebasket69 and slm like this.
  5. Texas Forever

    Texas Forever Eight Time F1 World Champ
    Rossa Subscribed

    Apr 28, 2003
    85,536
    Texas!
    Time was, gentlemen would agree on a price and then take the car to a mechanic. Then after agreeing to what needed to be done, the buyer and seller would split the costs 50-50.


    Sent from my iPhone using FerrariChat
     
    readplays, BT and anunakki like this.
  6. Ianjoub

    Ianjoub Formula Junior

    Dec 22, 2019
    906
    Homosassa, FL USA
    Full Name:
    Ian Joubert
    3600 miles an a PPI? What could possibly be found?
     
    Natkingcolebasket69 and LARRYH like this.
  7. Texas Forever

    Texas Forever Eight Time F1 World Champ
    Rossa Subscribed

    Apr 28, 2003
    85,536
    Texas!



    Sent from my iPhone using FerrariChat
     
  8. BLAMPEE

    BLAMPEE Man Card Status: Never Issued

    This is what I was thinking...

    This seems fair.

    I know....I know....but this dealer is a flake....and knows nothing about the car, including which options it has. Steve @ Boardwalk searched for the VIN and gave me all the options and it specced out at like $255k!!!! Only service issues include the top being adjusted in 2014 and a piece of leather replaced in 2015 due to shrinkage--all done at FofLI.

    Still has one factory service left in Sep 2020....so you are right....but I'm either flying out to look at it or paying a dealer $350 to do it for me....

    For example....look at these photos.....it looks like it has had a hard life.....which is why I want to either see it or have a simple PPI done.
    Image Unavailable, Please Login Image Unavailable, Please Login
     
  9. AlexBen

    AlexBen Rookie

    Dec 8, 2019
    34
    On previous purchases, I personally have agreed to a price with the seller prior to doing the PPI, price assumes no bad surprises from the PPI (otherwise indeed you show one card and lose leverage). This allows you to keep the option to renegotiate if something wasn’t disclosed
     
    Shark01, BLAMPEE and Texas Forever like this.
  10. Alcav5

    Alcav5 F1 Rookie
    Rossa Subscribed

    Jul 28, 2012
    4,067
    Scarsdale, NY
    Full Name:
    Al
    $350 sound cheap for a ppi

    FoLI is reputable so I have to believe they know what to do

    Except there may be levels of ppi . Find out what they are going to check, will they inspect paint depth all around? For $350 I'm sure they're not doing compression test. You are buying from an independent dealer so they can't sell you a power warranty , do you have a dealer near you that you will use that could sell you a warranty , if you choose?

    Can you share a link to it , or rather not?
     
  11. BLAMPEE

    BLAMPEE Man Card Status: Never Issued

    #11 BLAMPEE, May 11, 2020
    Last edited: May 11, 2020
    Yes, I live less than 10 mins from Ferrari of Scottsdale for a Power Warranty Inspection.

    I do not feel there is a need to do a compression check on a 2014 Cali with 3,600 miles. :) hence the basic PPI. (Conversely, back in 2008 I DID do a full PPI with compression check on my F355).

    I'm just concerned about overall condition, RHT, motor mounts, drivability....

    https://www.baronauto1.com/vdp/15973500/Used-2014-Ferrari-California-2dr-Conv-for-sale-in-Roslyn-Heights-NY-11577
     
  12. Alcav5

    Alcav5 F1 Rookie
    Rossa Subscribed

    Jul 28, 2012
    4,067
    Scarsdale, NY
    Full Name:
    Al
    double edge sword

    If I ppi a car I want to buy and I am exposed to $$$ , I do not want the owner changing their mind and not selling it to me or selling it to someone else. I want to lock in that if all is good , I'm getting the car . No owner is not going to agree right of refusal to a stranger unless there is an incentive or assurance that I'm not wishy washy.

    otoh , I don't want to commit to buying a car if the ppi comes back bad and if I deposited money I want it back . Therefore an agreement needs to be made as to the conditions of a bad ppi vs non-issues. No bad ppi , I have to buy or lose my deposit . Small issues should be worked out before offer . Major issues I can refuse or re-negotiate. Need to define .
     
  13. Alcav5

    Alcav5 F1 Rookie
    Rossa Subscribed

    Jul 28, 2012
    4,067
    Scarsdale, NY
    Full Name:
    Al
    nice car. seller looks decent , iow not a fly by night operation.
    I did not have motor mount issues in '10 or '15 cali.
    '14 calis probably well sorted out before new models in '15 came along . I think they have upgraded engine or suspension in '13. My car group buddy loves his '14.
     
  14. thorn

    thorn F1 Rookie
    Silver Subscribed

    Aug 7, 2012
    3,324
    Tallahassee, FL
    I saw a burned-out transmission on a (non-Ferrari) car with <6K miles just this month. Some people just abuse the hell out of a car, new or otherwise.
     
    anunakki likes this.
  15. anunakki

    anunakki Seven Time F1 World Champ
    BANNED Owner Rossa Subscribed

    Oct 8, 2005
    78,515
    Las Vegas Nevada
    Full Name:
    Jerry
    the condition of the interior concerns me with 3600 miles. Mine had 36000 miles and the interior wasnt that scratched up
     
    BLAMPEE, LARRYH and thorn like this.
  16. Mighty Joe

    Mighty Joe Formula 3

    Sep 3, 2010
    1,127
    Atlanta, GA
    Full Name:
    Joe
    I wouldn't buy without seeing it first. Then make an offer pending a successful PPI.... If it has issues, you can negotiate getting them addressed that too!
     
  17. Ianjoub

    Ianjoub Formula Junior

    Dec 22, 2019
    906
    Homosassa, FL USA
    Full Name:
    Ian Joubert
    You would know that doing a test drive though. Still wouldn't need a PPI.
     
  18. AlfistaPortoghese

    AlfistaPortoghese Moderator
    Lifetime Rossa

    Mar 18, 2014
    3,778
    Europe, but not by much.
    Full Name:
    Nuno
    If interior wear doesn’t seem compatible with mileage, that alone is worth a PPI if you want to rest 100% assured. Plus, that’s a very low mileage mark, which would make me assume the car sat for extended periods of time.

    At the very least, all things made of rubber should be inspected, from tires to hoses to window seals.

    Kind regards,

    Nuno.
     
  19. BLAMPEE

    BLAMPEE Man Card Status: Never Issued

    This is my primary concern with this vehicle!!

    The car DID have its annuals done every year at FoLI, though....so they may have been hard on the interior while sitting....or maybe used chemicals to clean the interior that caused the sticky. The seats seem to look in line with a 3,600 mile car, though....all good and no creasing.

    In a normal day I would hop on one of the frequent daily flights between PHX-NYC.....look at it...and fly home the same day. But nonstop flights right now are almost non-existent to NYC....ugh....I fly a few times a month so getting on a plane last-minute is normal for me. hah

    I am going to have a PPI done no matter what as $350 is a small price to pay in this situation.

    Still trying to figure out a deal, though.

    This car dealer is literally the flakiest car dealer I have ever seen...doesn't return emails....calls.....then sends out of focus photos when I ask for a close-up of things like a seat...

    They just dropped the price of this $10k, so I think I may just lowball them the see how badly they want to get rid of this car. It is the 2nd most expensive vehicle out of 125+ listed on their website. They have a 2016 Mulsanne selling for more.

    Maybe offer $100k? LoL.....damn....that would be a steal at that price if if passed PPI.....hahahha

    Im thinking $105k would be realistic....but hell.....the worst they could say is No.....
     
    anunakki likes this.
  20. Alcav5

    Alcav5 F1 Rookie
    Rossa Subscribed

    Jul 28, 2012
    4,067
    Scarsdale, NY
    Full Name:
    Al
    Something doesn't look right. See under ac vent picture, leather looks like it is separating.

    There is a 9, xxx mile '13 for sale at wide world in Nanuet, ny for 103. They are a oem dealer, car is certified, I think at that value the Baron one not super unless you can get for under 100. But still why is some parts extra worn. Even see the weatherstripping at door looks worn.
    If you look at vents for the '13 you will not see separation of leather. Idk about it now.
     
    BLAMPEE likes this.
  21. Husker

    Husker F1 World Champ

    Dec 31, 2003
    11,792
    western hemisphere
    I guess I've been lucky. I have purchased 3 Ferraris with no PPI. My fourth was today. But the owner was extremely helpful and forthcoming with known issues so I felt very comfortable doing it with no PPI.
     
  22. BLAMPEE

    BLAMPEE Man Card Status: Never Issued

    I agree on the weatherstrip.

    what exactly are you referring to on the leather! Which photo?
     
  23. tomc

    tomc Two Time F1 World Champ

    Apr 13, 2014
    26,047
    DFW, Texas
    Full Name:
    Tom C
    For this alone, I'd pass. If they're this much fun to deal with now, what happens once they have your money? Or, heaven forbid, you buy the car and something goes wrong with it early on?
    T
     
    BLAMPEE likes this.
  24. JohnnyRay

    JohnnyRay F1 Rookie
    Silver Subscribed

    Nov 2, 2014
    3,489
    Central FL/NW WI
    FYI - I had the worst PPI ever at FofLI. You should find a reputable independent in the area instead...and, perhaps, a better example of the model you are after.
     
    anunakki likes this.
  25. AlfistaPortoghese

    AlfistaPortoghese Moderator
    Lifetime Rossa

    Mar 18, 2014
    3,778
    Europe, but not by much.
    Full Name:
    Nuno
    This is paramount for the quality of the feedback you’re going to get.

    Kind regards,

    Nuno.
     

Share This Page