Advice... Please. - Ferrari Life
 
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post #1 of 15 Old 06-29-2012, 09:45 PM Thread Starter
 
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Advice... Please.

Hello and to whomever can help, Thank You!

I am new to this site and to the whole Ferrari experience. Like many kids growing up in the late 70s and 80s, I watched Magnum PI and the 308 was my first taste of the sweet addiction that is Ferrari. Now, as a grown man, I am finally finically secured to make my dreams come true. A Ferrari F430. I have many a books about Ferrari and the man behind the Legend. The cars and the mystic- if you will, of owning an Italian Legend. However, i will admit this to everyone, I am extremely nervous to buy said car. I have never driven one nor even sat inside one. I guess I'm hoping for pointers from owners as of what to look for. How to care for the vehicle and such things.
I am planning to travel to Florida and meet my beauty (Bella) face to face, and pay for the vehicle, then have her transported back to MN, where I live.
Another question. In Minnesota we don't have a Ferrari dealership but we do have a Maserati dealership. Will they be able to maintain the car? The routine maintenance which I hear so much about.
To all thank you for all your help.
Mike
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post #2 of 15 Old 06-29-2012, 10:01 PM
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Welcome to FL, Mike. Your journey is well understood. There are many experienced owners here to give their comments. Good luck with your purchase.

w/ smiles
Jimmy
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post #3 of 15 Old 06-29-2012, 10:15 PM
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Mike- Welcome to Ferrari Life. Luckily for you, the F430 has proven to be very reliable. If the Maserati dealership has an SD3, used by both Ferrari and Maserati when your car was built, they can probably maintain the car with the help of a workshop manual. Even without the SD3, they can do the routine servicing, unless you need to do something like change the clutch, which requires an SD3 to properly set up an F1 car.

Pick up the latest issue of Forza and there is a buyers' guide with lots of good info.

Taz
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post #4 of 15 Old 06-30-2012, 11:11 AM
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Sit in one or two, drive a couple if you can, learn what they feel like and what options you want on your purchase.

The FL car may not be the one for you, but there are so many to choose from.

You've waited a lifetime for this, take your time, get a target car independently inspected, be prepared to pay for more than one inspection if the report is adverse - it'll be far cheaper in the long run. Also consider your service history for when you come to sell the car, the right stamp from a good specialist in Ferrari adds value and they may send a truck to collect at no cost to you anyway.

Sorry if I'm always banging on about inspections, but so few folks are experienced Ferrari mechanics buying their first Ferrari, so when you're buying something of this value and the huge cost to put a lemon right, its just part of the acquisition cost imho.

Unfortunately as I'm from the UK I couldn't recommend anyone over there to you for this car.

Enjoy the hunt
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post #5 of 15 Old 06-30-2012, 12:57 PM Thread Starter
 
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All you guys are great with all your advice.
I have indeed waited a lifetime for it. Of course if the Ferrari Gods were to shine upon me I would go after my true love, the mighty F40, but $500,000.00 plus at this moment is too much to justify to not only my banker but also Melanie- she would hang me alongside the car; LOL.
My good buddy, used to manage a Valet company. He would tell me how heavy the steering and clutch feel, was within the cars. Fortunate for me, I was a professional truck driver for 20 years and heavy clutches and steering that worked out your arms and forearms, were a daily routine.
@tazandjan... I called Maserati Imports and they do have mechanics certified to operate and understand an SD3 module. The service dept also told me they have a a few clients that owned Ferraris; to please feel free to come visit and inspect their facility. That I will be extremely satisfied. Is this normal for Italian companies... to treat their customers with respect and "White Gloves" Sorry, I could not come up with a better term.
I am counting the days before I leave to go look at Bella. Sorry guys. I have only waited 28 years to get a Ferrari.
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post #6 of 15 Old 06-30-2012, 01:07 PM
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Welcome and congratulations!

Hope the car is everything you had hoped - feel free to post the car and perhaps someone here may know it's history.
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post #7 of 15 Old 06-30-2012, 02:12 PM
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Mike- Yes, it is fairly normal because the service departments at Maserati and Ferrari dealerships are having a tough time now. The newer cars are more reliable and repair jobs are less frequent. When you consider your annual service bill will be ~$1K plus whatever else needs to be done along the way, they will be happy to have you. Sounds like they should do a good job for you and, as part of the Fiat empire, they should be able to acquire F430 technical data with no problems.

Taz
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post #8 of 15 Old 06-30-2012, 08:06 PM Thread Starter
 
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More questions... Please forgive my lack of knowledge, I just don't want to make too many mistakes in the process...
My Home Ins tells me that they will cover the car as long as is garage and during the winter months, but that my rate will go higher, understandable.
However, I have seen comments within this post about many drivers only insuring their cars for 'X' amount of miles yearly. I am through Allstate and they will not even consider the F430. I looked and found others only, especially one out of Montana, I think, LelandWest?
Does anyone know anything about this company. What would be the best advise...
Again, thank you to you all.
Mike
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post #9 of 15 Old 07-01-2012, 12:44 PM
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Mike- I use USAA for all my insurance. They tend to be expensive, but never a problem with claims and the rate is reasonable for 2000 miles per year. Hard to believe Allstate will not insure the car. I would check with some of the other big boys like Farmers and Home Farm and see if they will insure her. If not, a specialty company like Hagerty may be willing to insure her with a guaranteed value and limited miles per year. No experience with LelandWest, so maybe somebody else can chime in with help.

Taz
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post #10 of 15 Old 07-01-2012, 08:58 PM
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Taz & Mike,

I use USAA as well for my Spider. They didin't bat an eye when I called them, and their rate was the lowest I could find. No limits on miles either. Of course, I do have six other cars insured with them...

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post #11 of 15 Old 07-02-2012, 06:44 AM Thread Starter
 
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Taz and Killer... Thank you so much for all your help. You guys, all of you, have been wonderful. USAA? as in the Online Banking that provides services to Veterans such as myself and thousands of others?... That is pretty cool to know. Allstate would have insured the car but the rates would had been through the roof. I have Mel and my 16 yr old son under my policy. I guess I can always start my own just for Bella.
Mike.
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post #12 of 15 Old 07-02-2012, 08:29 AM
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most insurance companies should cover a fairly new car. if you can get usaa, they usually are the best.

the biggest concern, which seems to have slipped by, is the car. it sounds like you already have one picked out in fl. i would ask a lot more questions about that than the insurance.

florida is generally not known for it's quality cars and dealers. a ppi by an independent shop would be a must for me.



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post #13 of 15 Old 07-02-2012, 12:34 PM
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Mike- USAA is a full service insurance company and they also have banking and credit card divisions. I highly recommend them for house, car, umbrella, and life insurance. You also get a subscribers' savings account check or credit every year.

Taz
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Present: 575M 135171
Past: Dino 246 GT 02984, 365 GTB/4 14009, 308 GTS 25125

Every day I look around, and if nobody is shooting at me, it is a pretty good day.
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post #14 of 15 Old 07-02-2012, 07:01 PM Thread Starter
 
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Taz- I had no clue that USAA was a full service company... I must look into it for certain, especially if I can save some money.
Wetpet- thank you for your advice. I would definitely look harder at the car when I get to Florida. i plan to leave on Thursfday.
Thank you all.
Mike
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post #15 of 15 Old 07-03-2012, 08:57 AM
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not trying to be flippant, but unless you are an experienced mechanic/body man and have your sd3 or leonardo with you, it won't be nearly enough.

Quote:
Originally Posted by Copper View Post
Wetpet- thank you for your advice. I would definitely look harder at the car when I get to Florida. i plan to leave on Thursfday.
Thank you all.
Mike


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