Need help with purchase - Ferrari Life
 
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post #1 of 9 Old 09-15-2011, 04:38 PM Thread Starter
 
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Need help with purchase

Hi
I alway dream of getting a ferrari since a kid. I really want f430 spider. Now, I think I can buy one now but I have no idea of buying or pricing with the dealer. Do I buy from dealer or from private? I feel very intimidate when I walk in the dealer because it seem like they don't treat me seriously like a potential buyer (because I do look young). I did check out two dealers at San francisco and San mateo and their attitude like take it or leave it. And I am not very good with negotiating with the dealer. So I would need help from your expertises or experiences on what to looking for and how to negotiate with the dealer. Do I pay what their asking price or what percent should we take off? etc...
Please help me out.

Thanks in advance

Ken
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post #2 of 9 Old 09-15-2011, 05:47 PM
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Buying a used ferrari is the same as buying a used ford truck. Study the market to familiarize yourself with value and what to look for. This forum is an excellent resource. Feel free to have us look over your deal before you sign on the dotted line. As to the dealers, if they have a take it or leave it attitude, leave it. there are plenty of 430's for sale. they need you, you don't need them. Ferrari dealers do have different etiquette than ford dealers though. Treat them seriously and they should treat you seriously. Call them up and ask for a salesman. Explain your situation and set up a meeting. Walking in off the street is not a great idea because tourists walk in off the street all day with no intention of buying. This is different than the ford dealer.

There is no reason not to explore all sellers. I have seen great deals on ebay and bad. i have seen great deals at dealers and bad. It's almost a given that you will pay more at the dealer. Some people find value in the services they provide and are willing to pay for it. Fine. I look at everything available and whittle it down. I bought my first ferrari from a private owner in dallas, half the country away from me. Got a great car at a great deal.

most important, take your time. Don't worry about a particular car getting away from you. There are 5 more down the road. Have the car inspected by an independent ferrari specialist, this will be the best money you spend on the purchase. You may have to spend it more than once. Good luck. finding the car is all part of the fun.



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post #3 of 9 Old 09-15-2011, 05:51 PM
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Ken- It actually sounds like you might do well to use a broker rather than make the deal yourself. Maybe someone here can recommend a good broker.

If you want to do it yourself, you need to do a bunch of research on the car, technically, and on prices and options so you are an expert when you try to make a deal. If a sales person gives you a hard time, ask to speak to the sales manager and demonstrate to him that you are a serious cash buyer. Once you understand the car, options, pricing, and recent sales prices, you can operate from a position of knowledge and make a reasonable offer on a car. Right now, it sounds like the sales staff believe you are a flake, and they see a lot of wanna-be flakes sniffing around the Ferraris.

Taz
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post #4 of 9 Old 09-16-2011, 03:25 AM
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Looking to buy a ferrari

HI
Just put out a ad.....LOOKING TO BUY A......FERRARI......COLOR...etc
with your phone number.......you will then get CALLS who is willing
to sell.....ask for private owners.....who wants to sell !

remember..this is a BUYERS MARKET dont let anyone tell you different !

name your price....
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post #5 of 9 Old 09-16-2011, 06:54 AM
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Quote:
Originally Posted by tazandjan View Post
Ken- It actually sounds like you might do well to use a broker rather than make the deal yourself. Maybe someone here can recommend a good broker.
.
If you decide to use a broker, based on personal experience I would recommend Mike Sheehan. His website is www.ferraris-online.com
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post #6 of 9 Old 09-16-2011, 02:43 PM Thread Starter
 
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thanks so much for your reply, I think I will have a broker as you suggested.

best regard

Ken
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post #7 of 9 Old 09-16-2011, 04:33 PM
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430

Mike Sheehan is an excellent source....also try Craig Calder,,,at Fast Cars....Redondo Beach,,,,310 937 6700,,,tell hime Brett referred you,,,he is also a great source for a PPI,,,good luck,,,
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post #8 of 9 Old 09-16-2011, 05:00 PM
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Ken, if you are in the San Francisco area, there is also another gentleman who I would highly recommend; if you have not spoken with him already.

His name is Brad Goldstone and he was the GM of Ferrari of San Francisco.
He has his own company called Sports Cars of San Francisco.

He knows of many F-cars that are not even on the market, that may be selling to buy other F-cars.

I would definitely talk to him.

Good luck finding the right 430 for you.

Keep us posted......

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post #9 of 9 Old 09-18-2011, 10:57 PM
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If you are in the Sacramento area, try giving Salerno Motorsports a call. Talk to Ben or Chuck. 916-652-0496. If you want more info, PM me. Good luck in your search.

Nate
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