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Will This Hurt Value Much?

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

  1. beatboy77

    beatboy77 Karting

    Apr 22, 2017
    54
    Colorado Springs
  2. 707

    707 Karting

    May 29, 2014
    170
    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


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  3. Jaguar36

    Jaguar36 Formula Junior

    Nov 8, 2010
    380
    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.
     
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  4. saraojo

    saraojo Formula 3

    Mar 9, 2015
    1,274
    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
     
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  5. Chiaroman

    Chiaroman Formula 3
    Rossa Subscribed

    Apr 21, 2004
    1,579
    New Jersey
    It hit an animal and there was no damage.
    I wonder why it was reported?
    Curious.
     
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  6. Surfah

    Surfah F1 Rookie

    Dec 20, 2011
    2,840
    +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.
     
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  7. jjp11

    jjp11 Karting

    Sep 1, 2013
    105
    short answer, yes.
     
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  8. PJxxx

    PJxxx Karting
    Silver Subscribed

    Sep 14, 2017
    102
    Full Name:
    PJ Cusano
    Moose?
     
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  9. Viper830tt

    Viper830tt Karting
    Rossa Subscribed

    May 10, 2017
    101
    Endangered banana slug?????

    Sent from my SM-N920V using FerrariChat.com mobile app
     
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  10. Rory breaker

    Rory breaker Karting

    Apr 17, 2017
    213
    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
    Silver Subscribed

    Jun 20, 2017
    1,029
    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.
     
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  12. boobernackle

    boobernackle Formula Junior

    May 28, 2016
    914
    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.
     
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  13. Jaguar36

    Jaguar36 Formula Junior

    Nov 8, 2010
    380
    Cherry Hill, NJ
    Sucks that a simple phone call like that will tank the value of your car.
     
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  14. LightGuy

    LightGuy Three Time F1 World Champ
    Silver Subscribed

    Oct 4, 2004
    31,296
    Texas
    Full Name:
    David

    Moral of the story appears to keep driving.

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

    bball16 F1 Rookie
    Silver Subscribed

    Dec 2, 2011
    2,634
    NY LI FtL
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    Mike
    Should have sued the animal for diminished value.
     
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  16. boobernackle

    boobernackle Formula Junior

    May 28, 2016
    914
    Deer are relentless, probably called the police for the insurance bailout.
     
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  17. ChipG

    ChipG Formula 3

    May 26, 2011
    1,062
    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
    124
    ontario
    Full Name:
    peter j ficarra
    It is the law in most states to rrport an animal hit.
     
  19. RedNeck

    RedNeck F1 Veteran
    Silver Subscribed

    Jul 8, 2016
    5,098
    TN/GA
    Full Name:
    Matt
    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
    914
    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
    1,062
    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
    914
    What about a skunk?
     
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  23. wrs

    wrs F1 Rookie
    Rossa Subscribed Owner

    Jul 11, 2015
    4,983
    Austin, 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.
     
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  24. up4speed

    up4speed F1 Rookie
    Silver Subscribed

    Feb 16, 2012
    3,145
    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.

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