PPI is necessary. One of my buddies wanted an orange Gallardo at dealer for an insane price. PPI came back. Transmission was fcked and rear main seal leaking. Only 10k miles too.
Re. insurance - owner's clubs & forums can be highly cost-effective and a treasure trove of info, tips & savings - especially insurance and learning about features & foibles/faults inherent to the model you're looking at!
Nice video Dan. I think some people think supercars are something more than just high-performance vehicles. When most of them only have 15 or 20,000 miles you’re not gonna be wearing out ball joints and CV joints and such. Like you said, when you look at the cars overall. You can tell whether it was taken care of or not
Great info.... Dan !?!? Your 458 looks INSANE !!! That 10 ml ppf is reflecting your overhead lights like crazy !! Wow, does that look nice !! Don't know if I missed the reveal or do you have one coming ?
Funny how mileage is such a big factor in valuation of these cars here in the US. In Europe, for example, condition is by far the biggest factor and you will see higher mileage/km Ferrari's at similar prices to much lower mi/km ones. My 430 Scuderia just turned 33k mi yesterday. I bought it with 27k mi last April. This car has been super reliable. Every mechanic that has done service/inspection on the car has commented how they appreciate that the car actually gets used, therefore no leaks and runs like a Swiss watch. I agree with Dan, don't be scared of miles. In fact, I would never want a car that is 10 years old with 5k miles on it. That's a lot of sitting, which dries up seals and causes rubbers/plastics to be brittle among other issues.
For sure! The cars that sit in a garage all their life are just ticking time bombs. This goes for any cars! Take a toyota, have it sit for 99% of it's life and shit will start breaking.
Dan- do a giant loop of the United States- fans can join you for segments and meet you at cars and coffee. Incorporating some travel content would be very interesting.
Jokes aside, it's great hearing a sane take on this topic. It was nowhere near these costs, but when I was shopping for an Esprit, I took many of these approaches, especially the mileage topic.
This consulting stuff might be the one thing that makes you a bit of an 'expert'. Tavarish is an expert in wrenching, Misha is an expert at the Nurburgring, you may well be the expert in car shopping and consulting. Keep these videos up.
my biggest hesitation to buying a supercar is 1 my employees will become resentful and all ask for raises which I experienced when I purchased my Audi S6 and second is not being perceived as a total Ahole . I am leaning toward a GT3RS as a DD . Thanks for your input
Dan, Thank you for putting some perspective into the supercar ownership experience. I appreciate your pragmatic approach and realizing that these aren't religious icons, or national treasures; I realize we're not talking about a 250 GTO or a 275 NART Spyder. Thank you again. Because of your videos, I'm planning on buying a Ferrari, or Lamborghini, in the next few years. I had wanted to get a supercar after college, but I lost the passion over the years. Your videos have reignited that passion, so thank you; although, my wife may hunt you down.....Keep making videos and I will keep watching.
Thank you very much, that's really kind of you to say. Yeah I think more people need to realize their dream. You only live once and ultimately it's just a car
When I bought my 991.1 I had a PPI done because I wanted to see the data that was stored in the computer. The mechanical stuff, paint condition, yada, yada, was obvious. The car looked new and drove like new. It had 30K miles and new tires. Everything matched up for a 30K mile car. The computer read-out was clean, and so I pulled the trigger. That was 2 years ago and it's been flawless and trouble free. The PPI cost me $350 which is competitive here in my area. I basically got peace of mind from the PPI showing that the car was solid from the computer data (e.g. no over revs, etc.).
PPI comment - I paid over $500 for a PPI on an older Audi R8, in an Audi dealership! Waste of my money. The PPI was less descriptive then the free complimentary multi point inspections I get on my Audi RS3 when I go in for a service! Plus, they royally screwed up the PPI report almost causing me to purchase a car that had several major issues. That said, if it's a car you're looking at a fair distance away and you're unable to check it out in person before making a deal, I think it's a good idea to get a PPI (reputable one) before you make the hike out to xyz location to get the car. My $0.02 Keep up the good work on your channel!
I would imagine one of the biggest obstacles for some people is the psychological aspect of buying one. What I mean is my huge fear of losing a boatload of money as the result of getting a lemon or just the slew of problems that "could happen" after buying one. Lol! I'm almost frozen in fear over something happening to my modest challenger srt and I only have about 65 thousand in it (I say "only" like a duche lol!) But I think you get my point. I would be a basket case if I owned a Ferrari. I think my fear is the result of myself putting Ferrari on a pedestal because it is my dream car. I actually get nervous if I park next to one out of fear I might scratch it only because I know how the owner feels about his car or atleast how I would feel about owning one. To be clear ,yes I know I have issues! Lol!!
Another great video, Dan. Helping people not to be scared of the badge. And you're right about the miles. What's more important is the condition of the car and to regularly service once in your possession. Peace!
Great video Dan. I've never bought a new car. I'd rather let someone else deal with a lemon, I've seen it an I've felt for those friends that only buy new. The depreciation as you leave the lot is scary and a year later it used for sure. PS I really get a hoot when Meg starts winding up on a car review, I still think a "scoopie & air thingy" tee is needed
People buy these new and will upgrade when the next model comes out or they get rid of the cars warranty is over with also many get these cars on a lease and they don’t buy the car. I am in the market for a 430 and I have noticed the cars tend to have multiple owners. The cars also have a lower price point when over 25,000 miles and if the car shows an accident on Carfax then that brings down the price too. I would stay away a car that was a rental car.
@@normalguysupercar nothing scare me when it come a car. if the price is right i'll tackle it.i love rebuilding something than everyone has giving up on..
No snark at all, when I post it is typically to get a chuckle. Thank you for the great content, and actually responding when you have time. Keep up the awesome. Capital F the haters.
Agree 100% Like you said unless the car was neglected and beat up why shy away from it? It’s not made to start and drive once and a while😆 The ones I’m eye balling have have higher miles although we get murdered here in Canada when it comes to car prices etc...much better deals in the U.S and quantity of course👍
Normal Guy Supercar ya I wonder also Here’s an example 2010 458 Red 24000 km for $175,000 U.S And like you said that’s considered high mileage here also It always looks worse because of the dollar exchange too but I’ve seen better prices than that on autotrader.com
Dan, Trying to remember if you have carbon fiber dash and vents. Looking to change mine from the "grey" to aftermarket CF and this would be a great DIY as I think a lot of people would be interested to understand how hard that would be to do themselves
I agree with everything that was said here. CPO's not always but many times include an additional warranty period. It is worth something more in this case and I typically will give these cars first priority.
If I ever start a car channel - first video I'll make - PPI's are scams. The mechanics put the car on a lift, walk around it with a flashlight, that's about it. I know there are good PPI's out there, but most are borderline fraudulent. All you have to do is ask some specific questions and you'll realize quickly that they didn't check anything.
Interesting, I def have mixed feelings on the importance of paperwork. I look at it as the diligence of the previous owners/owner.. However an exception in the case of any Mclaren... you'd better know 😂. Funny thing aside tho: when looking for my first Porsche at first I was obsessed about paperwork, until one guy said to me "I have everything but it's not much, the car is 3 years old and only driven in summer"... I thought about that and it changed my perspective.. So 1 oil change at the start and end of season... What is that going to tell you? Not much, not having the paperwork doesn't mean the oil wasn't changed.
Great advice Dan, imo a low low mileage car is bad as these cars need to be driven, and a track is a safe place to drive fast like what these cars are designed to do. Regarding paint - it's usually thin, less paint is less weight, the low end paint depth gauges are pointless as they can only measure on steel (cheap ali ones are still a few hundred), on most modern 'super cars' the panels are aluminium or carbon fiber, also they only measure the total thickness from primer to clear, the multi layer ones cost loads - a grand+, I just use a pdg to get an idea of paint condition and to see how much clear I am removing when polishing.
Keep up the good work Dan. Consider moving the Mini out when you film these videos so that we get more and better angles of the 458 (as much as we enjoy staring at your face). Will filming in your driveway will introduce too much noise?
A low interest rate does not justify it being ok to finance a depreciating asset. Regardless of the deal you’re getting, you should always pay cash for your vehicles, and not give it some bank.
So rando question, I hang out more in the drag scene, but can you give whoever has the “NOKIDZ” license plate a high five for me? Saw them on slaughter last year.
We have all see the Samcrac hack job but I am sure there are other people that don’t give their Ferrari a home $500 paint job. Yikes. Poor car. Maybe you can do an episode on the “dark - salvage market”
I disagree with most the stuff being said here. That being said, I've never purchased or owned any exotics, but none of this certainly applies to BMW's or Porsches.
For the longest time I've been wanting to send my '13 GT500 to Shelby in Vegas and get the Super Snake package. I don't have a spare >$40k lying around. I wonder if it would be worth financing a build (if it's even possible), especially when builds for these year models are time sensitive. Are there lenders out there who would?
Hi Dan, I love your videos. The 458 spider in black is my absolute dream car. Do you think there is much improvement in its design or reliability between the earlier to later 2015 models?
A seven digit income kinda cures most everything you talk about. Your advice I believe is aimed at the beginners. After a certain age the dealers treat you like you are senile.
@@normalguysupercar haha this guy has not seen how cpo is done at dealership. Car pulled in, yup looks good cpo it and add 5k. They honestly cpo almost everything under 5 years.
I don't know many people who track Ferrari or lambo as it's cost prohibitive and they don't perform that well for what it is. These are first and foremost street cars.
PPI is necessary. One of my buddies wanted an orange Gallardo at dealer for an insane price. PPI came back. Transmission was fcked and rear main seal leaking. Only 10k miles too.
That's the kind of ppi you want. One where they actually check on stuff.
Re. insurance - owner's clubs & forums can be highly cost-effective and a treasure trove of info, tips & savings - especially insurance and learning about features & foibles/faults inherent to the model you're looking at!
Yup!
Nice video Dan. I think some people think supercars are something more than just high-performance vehicles. When most of them only have 15 or 20,000 miles you’re not gonna be wearing out ball joints and CV joints and such. Like you said, when you look at the cars overall. You can tell whether it was taken care of or not
Yup! There's plenty of signs of hope the car was maintained just looking it over.
Totally agree with the mileage thinking. Italian cars like to be exercised. Letting them sit is the worst thing that you could do to them.
Yup
Definitely invest, avoid debt and buy a nice home with a large garage first! Ferraris are super wide and need lot of garage space.
Great info.... Dan !?!? Your 458 looks INSANE !!! That 10 ml ppf is reflecting your overhead lights like crazy !! Wow, does that look nice !! Don't know if I missed the reveal or do you have one coming ?
It's technically not done yet so I haven't done the "reveal"
Dan, this is great insight! I think it is worth it to have you check out the supercar and certify it. I trust your judgement.
Thank you Fred! I appreciate that. 😁👍
Funny how mileage is such a big factor in valuation of these cars here in the US. In Europe, for example, condition is by far the biggest factor and you will see higher mileage/km Ferrari's at similar prices to much lower mi/km ones.
My 430 Scuderia just turned 33k mi yesterday. I bought it with 27k mi last April. This car has been super reliable. Every mechanic that has done service/inspection on the car has commented how they appreciate that the car actually gets used, therefore no leaks and runs like a Swiss watch.
I agree with Dan, don't be scared of miles. In fact, I would never want a car that is 10 years old with 5k miles on it. That's a lot of sitting, which dries up seals and causes rubbers/plastics to be brittle among other issues.
For sure! The cars that sit in a garage all their life are just ticking time bombs. This goes for any cars! Take a toyota, have it sit for 99% of it's life and shit will start breaking.
Dan- do a giant loop of the United States- fans can join you for segments and meet you at cars and coffee. Incorporating some travel content would be very interesting.
Unfortunately the road trip videos are really hard to produce, fairly expensive and don't get good views. As much as I'd love to do that.
Jokes aside, it's great hearing a sane take on this topic. It was nowhere near these costs, but when I was shopping for an Esprit, I took many of these approaches, especially the mileage topic.
Yes I think it's valid for any car really
@@normalguysupercar Agreed. If I ever find myself in Texas, I'll buy you a beer.
@@opethmike I'll gladly accept. Lol
This consulting stuff might be the one thing that makes you a bit of an 'expert'. Tavarish is an expert in wrenching, Misha is an expert at the Nurburgring, you may well be the expert in car shopping and consulting. Keep these videos up.
Thank you
My tip- buy a paint meter and use it to your advantage when checking out possible cars
Those are very insightful
my biggest hesitation to buying a supercar is 1 my employees will become resentful and all ask for raises which I experienced when I purchased my Audi S6 and second is not being perceived as a total Ahole . I am leaning toward a GT3RS as a DD . Thanks for your input
Dan,
Thank you for putting some perspective into the supercar ownership experience. I appreciate your pragmatic approach and realizing that these aren't religious icons, or national treasures; I realize we're not talking about a 250 GTO or a 275 NART Spyder. Thank you again. Because of your videos, I'm planning on buying a Ferrari, or Lamborghini, in the next few years. I had wanted to get a supercar after college, but I lost the passion over the years. Your videos have reignited that passion, so thank you; although, my wife may hunt you down.....Keep making videos and I will keep watching.
Thank you very much, that's really kind of you to say. Yeah I think more people need to realize their dream. You only live once and ultimately it's just a car
Agree 100% with all you said. Its all so exaggerated in the interest of being safe in a purchase.
Yup exactly
Absolutely agree on low miles on a car.. I am glad that you are putting all this myths to sleep. Great advice Dan!
Thank you
When I bought my 991.1 I had a PPI done because I wanted to see the data that was stored in the computer. The mechanical stuff, paint condition, yada, yada, was obvious. The car looked new and drove like new. It had 30K miles and new tires. Everything matched up for a 30K mile car. The computer read-out was clean, and so I pulled the trigger. That was 2 years ago and it's been flawless and trouble free. The PPI cost me $350 which is competitive here in my area. I basically got peace of mind from the PPI showing that the car was solid from the computer data (e.g. no over revs, etc.).
That's reasonable. The cost was good and the reason was solid. Many times that's not the case
PPI comment - I paid over $500 for a PPI on an older Audi R8, in an Audi dealership! Waste of my money. The PPI was less descriptive then the free complimentary multi point inspections I get on my Audi RS3 when I go in for a service! Plus, they royally screwed up the PPI report almost causing me to purchase a car that had several major issues. That said, if it's a car you're looking at a fair distance away and you're unable to check it out in person before making a deal, I think it's a good idea to get a PPI (reputable one) before you make the hike out to xyz location to get the car. My $0.02
Keep up the good work on your channel!
Yes exactly. Some PPIs are awesome and many others are shit. Lol
CPO is a good thing if it comes with an extended factory warranty otherwise it means nothing.
Exactly!
I would imagine one of the biggest obstacles for some people is the psychological aspect of buying one. What I mean is my huge fear of losing a boatload of money as the result of getting a lemon or just the slew of problems that "could happen" after buying one. Lol! I'm almost frozen in fear over something happening to my modest challenger srt and I only have about 65 thousand in it (I say "only" like a duche lol!) But I think you get my point. I would be a basket case if I owned a Ferrari. I think my fear is the result of myself putting Ferrari on a pedestal because it is my dream car. I actually get nervous if I park next to one out of fear I might scratch it only because I know how the owner feels about his car or atleast how I would feel about owning one. To be clear ,yes I know I have issues! Lol!!
Oh you're actually spot on! I call it "the worry". It's really hard to get over it, you're constantly scared something it going to break.
Another great video, Dan. Helping people not to be scared of the badge. And you're right about the miles. What's more important is the condition of the car and to regularly service once in your possession. Peace!
Exactly!
Great video Dan. I've never bought a new car. I'd rather let someone else deal with a lemon, I've seen it an I've felt for those friends that only buy new. The depreciation as you leave the lot is scary and a year later it used for sure.
PS I really get a hoot when Meg starts winding up on a car review, I still think a "scoopie & air thingy" tee is needed
For sure it's best to let someone else take the first year hit
Someone has to buy those pesky new cars.
People buy these new and will upgrade when the next model comes out or they get rid of the cars warranty is over with also many get these cars on a lease and they don’t buy the car. I am in the market for a 430 and I have noticed the cars tend to have multiple owners. The cars also have a lower price point when over 25,000 miles and if the car shows an accident on Carfax then that brings down the price too. I would stay away a car that was a rental car.
Yes rental cars would be the only thing that really scares me. And salvage titles.
Fantastic perspective on this whole subject Dan. Great video
Thank you
I like finding a car with problems! as a mechanic for over 50 years, it's fun to fix them. of course my BMW phase was a problem unto itself......
Lol yeah problems within reason
@@normalguysupercar nothing scare me when it come a car. if the price is right i'll tackle it.i love rebuilding something than everyone has giving up on..
Many great points were made!
Thanks
Thank you for your information. No questions asked; as I am an adult and can do my own research.
That's another solution. 😂
No snark at all, when I post it is typically to get a chuckle. Thank you for the great content, and actually responding when you have time. Keep up the awesome. Capital F the haters.
Excellent video Dan... you gave priceless information and tips that would help anyone. 😁😁
Thank you very much!
Hey, love your mobile shop vac... Moe! And thanks for the tips!
Haha yes Mo is the best
Agree 100%
Like you said unless the car was neglected and beat up why shy away from it? It’s not made to start and drive once and a while😆
The ones I’m eye balling have have higher miles although we get murdered here in Canada when it comes to car prices etc...much better deals in the U.S and quantity of course👍
I wonder what it takes to import one into Canada
Normal Guy Supercar ya I wonder also
Here’s an example
2010 458 Red 24000 km for $175,000 U.S
And like you said that’s considered high mileage here also
It always looks worse because of the dollar exchange too but I’ve seen better prices than that on autotrader.com
Normal Guy Supercar love your videos btw
I’m surrounded by pick up trucks here in B.C that think doing Mach 1 on the hwy means something 😂
@@max21ization lol it's a lot of trucks and SUVs here in Texas too.
Normal Guy Supercar haha yes I can imagine
I like when you have the dog in the video he's a big sweetie
Dan, Trying to remember if you have carbon fiber dash and vents. Looking to change mine from the "grey" to aftermarket CF and this would be a great DIY as I think a lot of people would be interested to understand how hard that would be to do themselves
Mine already has those
I agree with everything that was said here. CPO's not always but many times include an additional warranty period. It is worth something more in this case and I typically will give these cars first priority.
If they include a solid warranty that's the only reason I would consider a CPO. Just verify the warranty is what you expect.
Great info ...thanks
You're welcome
Great work Dan, but I have to pull you up on one thing....... socks with Sandals ...... wtf man 😜
Lol my feet get cold.
If I ever start a car channel - first video I'll make - PPI's are scams. The mechanics put the car on a lift, walk around it with a flashlight, that's about it. I know there are good PPI's out there, but most are borderline fraudulent. All you have to do is ask some specific questions and you'll realize quickly that they didn't check anything.
Really interesting video. Thanks Dan
You're welcome
Interesting, I def have mixed feelings on the importance of paperwork. I look at it as the diligence of the previous owners/owner.. However an exception in the case of any Mclaren... you'd better know 😂. Funny thing aside tho: when looking for my first Porsche at first I was obsessed about paperwork, until one guy said to me "I have everything but it's not much, the car is 3 years old and only driven in summer"... I thought about that and it changed my perspective.. So 1 oil change at the start and end of season... What is that going to tell you? Not much, not having the paperwork doesn't mean the oil wasn't changed.
Exactly. It's not as relevant on the newer cars
Great advice Dan, imo a low low mileage car is bad as these cars need to be driven, and a track is a safe place to drive fast like what these cars are designed to do. Regarding paint - it's usually thin, less paint is less weight, the low end paint depth gauges are pointless as they can only measure on steel (cheap ali ones are still a few hundred), on most modern 'super cars' the panels are aluminium or carbon fiber, also they only measure the total thickness from primer to clear, the multi layer ones cost loads - a grand+, I just use a pdg to get an idea of paint condition and to see how much clear I am removing when polishing.
Yes exactly! I didn't even know they had told that could measure each layer, that's really cool
some of those points could be used on regular cars as well. Very nice video.
For sure, it's mostly valid on any car...
I'm looking forward to the Moses reviews cars videos :) :) :)
Haha more slobber
Mose Knows Cars Bros
Moses wants the bugs on the bumper. They don’t move so much.
Thanks again Dan....
& Mo!!!
You're welcome!
Keep up the good work Dan. Consider moving the Mini out when you film these videos so that we get more and better angles of the 458 (as much as we enjoy staring at your face). Will filming in your driveway will introduce too much noise?
Yeah it really needs to be in the garage for noise
A low interest rate does not justify it being ok to finance a depreciating asset. Regardless of the deal you’re getting, you should always pay cash for your vehicles, and not give it some bank.
That's your opinion. I have mine.
Ferraris barely depreciate tho, ridiculous
So rando question, I hang out more in the drag scene, but can you give whoever has the “NOKIDZ” license plate a high five for me? Saw them on slaughter last year.
I used to use the ZRO KIDS plate but switched. I don't know that person
Teach us Meg, oh I mean Dan
Lol
@@normalguysupercar yes, he knows nothing about aero.......lol
I think you mean wingy bits.
Love my 35k mileage F430 6 Spd. It is amazing.
Hell yes
Great info
Thank you
Very refreshing! Totally agree!
Thank you,
Great video!
Thank you
if you have to finance you can’t afford. put that monthly payment money in some investment and get enough to actually afford one of these toys.
Lol OK bro
like bitcoins ?
Great video Dan, mine was said to be in “museum” condition. HA! What does Mo think of that?
He thinks that's crap. Lol
Guys! Just remember the 2 key words mentioned here...
DUE DILIGENCE!!!
Exactly
Dan
What happens to all the Ferraris that end up on Copart and what kind of values do they have relative to clean title cars ?
We have all see the Samcrac hack job but I am sure there are other people that don’t give their Ferrari a home $500 paint job. Yikes. Poor car.
Maybe you can do an episode on the “dark - salvage market”
They do not have nearly the same value. It's not really something most people would want to deal with
I'm a fan of the Mo quantity in this video.
Lol more Mo
I come for moe such a cool doggo!
LOL he's the best!
Dan, please rearrange those lights on your ceiling by spacing them out more evenly! It is driving me nuts!
It's only the center ones I zig zagged
I disagree with most the stuff being said here. That being said, I've never purchased or owned any exotics, but none of this certainly applies to BMW's or Porsches.
Uh ok
Good dog.
Yup!
Not sure about the states or elsewhere but in the UK they have a 7year free service on new cars?
Same here
Hey dan did you go to the Wec race at Cota yesterday?
I missed it.
Here for purposes of growth. Comment.
For purposes of thanks, reply.
For the longest time I've been wanting to send my '13 GT500 to Shelby in Vegas and get the Super Snake package. I don't have a spare >$40k lying around. I wonder if it would be worth financing a build (if it's even possible), especially when builds for these year models are time sensitive. Are there lenders out there who would?
I have no idea on that
Credit card
Dan I think you really need to dive into the stereotype that men who drive super cars have small "egos" lol
Lol
These days I attribute that to lifted trucks with at least 2 light bars
Hi Dan, I love your videos. The 458 spider in black is my absolute dream car. Do you think there is much improvement in its design or reliability between the earlier to later 2015 models?
I don't think there's enough difference to matter
Mo!!!! Needs a buddy.....
Na 1 basset is plenty
Soooo want a white carbon, red interior, 458, like your friend now!
Drop death gorgeous! 🤤😍💘
Haha yeah it's a really great combo
A seven digit income kinda cures most everything you talk about. Your advice I believe is aimed at the beginners. After a certain age the dealers treat you like you are senile.
This is targeting first time buyers, correct.
@@normalguysupercar ever watch Vinwiki ?
@@johnarnold24 yup
Really helpful get a basset hound to clean my garage. Thanx 😁👍 no really some good advice bud thanx
Lol yeah Mo is good help for finding those lost parts
Good video. But I feel like the dog is constantly brought up to lengthen the video.
People like the dog
Dog Rocks
High miles... laughs in Toyota.
Lol!
I like to buy used police cars that way my car smells like bacon.
Nice
Don't you know that all financed Ferraris are painted red? ;-)
Lol so most of them
CPO is also an extended warranty not just checking specs
Sometimes, it's not a requirement but it's certainly common.
@@normalguysupercar haha this guy has not seen how cpo is done at dealership. Car pulled in, yup looks good cpo it and add 5k. They honestly cpo almost everything under 5 years.
I don't know many people who track Ferrari or lambo as it's cost prohibitive and they don't perform that well for what it is. These are first and foremost street cars.
Car loans are like less than 3 percent. Why would you buy it it's almost at inflation.
Philip Parana who are you referring to not know how CPOs are done?
We get it, you love your dog. But, we're really not interested in what your dog is trying to eat or chasing a bug.
You'd be surprised
@@normalguysupercar, Oh, I know full well that 'dog people' are a breed all of their own. ;)