Hi Ferrari owners / or aspiring Ferrari owners (like me).
I live in Toronto and am planning to get a Ferrari 360 (2000-2004). The price ranges from the $60-110,000 which is quite a wide range. The Kms range from 20-65,000 and not necessarily that older model/higher miles being the cheapest.
This has me confused on more then one level. How is it that people are posting and expecting to realistically get offers for cars that are older with higher mileage when you have newer ones with lower mileage. Is it just simply that people put prices which they wish but realistically expect a serious discounting i.e $10,000 or more. And is it standard to ask for price reduction when buying or selling one?
Of course, one thing to consider is the maintenance record, clean title, no accidents. Assuming that all are good and intact - then why such a large price variation.
I found the following list which looks interesting:
1. 2000/$68000/25k km or approx 18k mileshttp://www.autotrader.ca/a/Ferrari/360/CALGARY/Alberta/5_13692083_20110919111527504/?showcpo=ShowCPO
2.2000/$65000/54k km 2000 Ferrari 360 LEASE AVAILABLE $795 MOIS
3. 2003/$89,000/ 32k km 2003 Ferrari 360 SPYDER
4. 2004/$105,000/ 20k km 2004 Ferrari 360
Obviously, option 4 is the best, newest with low miles but is also the most expensive. So if you are going to suggest that then what I want to understand is why that would be the best buy. I would want to keep the car for 1 year and sell it. Most likely also thinking of getting 3rd party warranty (3yr / 30k km for $8000). I want min. amount of loss on depreciation so would appreciate your replies.
Also another car in consideration is Bentley Continental GT as it is more practical daily use car and considering Canadian weather all year round car. So possibly may get that around Oct/November 2013 and then sell it near summer and buy a Ferrari. Are the prices better (lower) in winter for Ferraris vs summer?
Would appreciate if you could give as detailed responses so I can also build my knowledge on the topic.
Many thanks for your time and help!