2006 Ferrari F430 High mileage??? - Ferrari Life
 
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post #1 of 7 Old 07-18-2013, 01:06 AM Thread Starter
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2006 Ferrari F430 High mileage???

Hi Guys. My name is Moe and I am new to this forum. I have recently been thinking of purchasing my first ever exotic car and have decided to go with a 2006 Ferrari F430. However, the one that I have seen in my area, Calgary has a mileage of 60,000 km (40k miles) and is priced at about $120,000. Do you think I should go ahead and purchase it or is the mileage too high? Another question I have is if the price is reasonable for the amount of miles that this car has been driven??? Thank you very much
2006 Ferrari F430 Coupe F1

Last edited by M_M; 07-18-2013 at 02:42 AM. Reason: Wanted to be more clear
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post #2 of 7 Old 07-18-2013, 10:48 AM
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Moe- Welcome to Ferrari Life. High mileage is not a concern as long as the interior does not look worn, the paint is not shot, and the car has been serviced regularly and by the book. Mileage like that usually means the car takes a pretty substantial hit in price, so factor that in if you ever intend to resell. On a car like that (which would not be considered high mileage if it were a Porsche), a PPI is really, really important.

$120K is only the asking price, and the car will likely not move quickly because most buyers are looking for low mileage examples. Could be a great deal if she checks out well and you can afford the likely $1000/year for maintenance plus tire costs. Rears seem to wear out more quickly, for some reason.

Taz
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post #3 of 7 Old 07-18-2013, 01:48 PM
 
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No, no, the mileage is not too high--- The price IS! Walk away and keep looking.
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post #4 of 7 Old 07-18-2013, 06:44 PM Thread Starter
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Thank you very much for the information that you have provided me with. What do you guys think is a fair price for this car with the 60k mileage??? Once again, thank you
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post #5 of 7 Old 08-06-2013, 05:39 PM
 
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under or close to 100k

Ifcar was perfect, 100K. otherwise for sold price of 120K, i'd expect an '06 with sub-20K miles and near perfect condition with all records. keep shopping if your budget is close to 120K. its been said before to buy better car for more vs skimping for less and pay later.
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post #6 of 7 Old 08-06-2013, 08:14 PM
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I agree Price is way high but not sure 120 is a sold price for an 06 perfect car in the summer.

Not seeing those numbers here. Plus Canada kris a slightly different market - love to hear from Canadians on this one.

Regards

ScottS

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post #7 of 7 Old 08-27-2013, 07:15 AM
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The price on that car is absurd, if it had around 8K miles that would make sense. It should be priced around 75K.

F430, 458 Challenge, Ford GT, Gallardo, C63 Black,
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