Low miles red GS for sale

[D Walker]

Well, we have seen each other's cars!!

 

[BuckRog64]

I don't think its low mileage, rather overall condition, history and a thorough inspection prior to sale that decides the price level to pitch for when selling a GS. No idea about Gran Turismo or QPs. I have driven mine for the two years I have owned it - so put on miles. But its all relative - it will still remain a low mileage example among the pool of cars out there (unless someone has a car stored) when I come to sell - which I am not doing or considering. Low mileage cars can still harbour issues - its down to a thorough inspection to assess the real state and worth of a GS.

Agreed, especially if you are buying a car to drive, but a GS that ticks all the boxes with comfortably under 20k miles on the clock will always attract a premium. Pretty sure Mr Grace will confirm that.

 

[safrane]

No kidding...but so hard not to drive them.

 

[D Walker]

No kidding...but so hard not to drive them.

Tell me about it, mines coming out this weekend tho’. Wife has banned me from working....

 

[cheshiremaserati]

Well, we have seen each other's cars!!

Yes, yours looked nice and it's very low mileage. I had mine serviced this week.

 

[cheshiremaserati]

Agreed, especially if you are buying a car to drive, but a GS that ticks all the boxes with comfortably under 20k miles on the clock will always attract a premium. Pretty sure Mr Grace will confirm that.

Low or high mileages have a profound bearing on values and asking prices. But over on another forum, there are many examples of laid up low mileage cars that sometimes cost the new owner much more to bring up to scratch than one with modest mileage.

 

[BuckRog64]

Low or high mileages have a profound bearing on values and asking prices. But over on another forum, there are many examples of laid up low mileage cars that sometimes cost the new owner much more to bring up to scratch than one with modest mileage.

Sorry, I thought in your previous post you were suggesting mileage is not a key factor in determining asking price.

Yes, it does seem daft that cars that have spent a chunk of their life in storage fetch more money when they are potentially in need of major recommissioning spend to bring them up to the mechanical standard of a regularly used example. I guess they are mostly bought by investors who will continue to store them rather than drive them.

 

[Ewan]

It's simple enough to store cars properly, exercise them lightly, and service them correctly - so that when you come to sell they are in perfect condition and low mileage. Just like the GS that Brett sold to Dave via Richard Grace. And my MC-Victory. And several other forum cars we know.

Indeed, the GC-MC I just bought has come from storage and has done 19k miles. It is in absolutely immaculate condition - not a single mark or stone chip anywhere. So, buying a low mileage car that's been stored doesn't necessarily mean it's been neglected. (And even if it has been neglected, you can put it right. Whereas you can't undo mileage.)

 

[cheshiremaserati]

I did not state that stored cars are necessarily neglected. However I know of quite a few examples across marques where a stored or rarely driven car has had numerous faults (all fixable) - but at some pretty high cost in addition to the significant premium paid for it for being low mileage. My message is that ANY car of this marque or similar and especially low mileage example is put through a thorough inspection commissioned by a buyer to satisfy himself on its true condition and hence its true value. Caveat emptor and all that.

A few years ago I was looking to buy a F360. I spoke to a seasoned specialist and his instant remark was "pick a car that's been driven" He went on to say what "driven" looks like: "It means a car that's done around 25-30k miles (back in 2014) as opposed to a sub 10k miles stored up car even though its been serviced as per schedule and had the cam belts changed on the dot every three years."

I bought a low mileage GS but with strong history and full inspection and sorted. In 2 years I have put on 3k miles without any issues and it remains a low mileage example in the pool of GS's in this country. I also have a low mileage (then) 10 year-old Porsche Turbo bought at 22k miles and in 6 years is now at 38k. So I am a supporter of the mileage argument. Its just that I don't get lulled into a false sense of security based on mileage as the most weighted factor in the purchase decision. The independent inspection (and who did it) probably carries a much higher weighting in my decision than for other buyers. But that's just me - not right or wrong but my personal opinion and approach. So far it has ensured I did not buy a money-pit or lemon despite seeing cars that looked immaculate or were described as such in ads - until the inspection.......

 

[Malcolm Pearce]

The independent inspection (and who did it) probably carries a much higher weighting in my decision than for other buyers. But that's just me - not right or wrong but my personal opinion and approach. So far it has ensured I did not buy a money-pit or lemon despite seeing cars that looked immaculate or were described as such in ads - until the inspection.......[/QUOTE]

I absolutely agree, I have no joy in seeing the other GS being discused on the furum put up for sale at a much lower amount. My car was collected in Leeds by Ferrari who took it to Essex who inspected it on behalf of the buyer who paid an agreed amount prior to the trip. The independent inspection did it and the purchase of the replacement car was aided by the dealer saying take it away and look at it at your leasure.

 

[allandwf]

My "other" car spent 11 years in storage ( badly stored,) and two years and 300 miles back on the road prior to me buying her. Drives well but loads of niggles, all of which I knew and were accounted for in the price. My old Maserati had almost 85k on the clock drove really well and had no niggles. It's all a compromise and, at the end of the day, a bit of a lottery no matter what precautions you take.

 

[EnzoMC]

I would agree service and maintenance on the GS is most important and who did the servicing

lots of dicussions on low mileage but I'm not sure what difference between a low, average and high mileage GS is and should it not be on average mileage per year
low - below 20,000 or ~1,000 per year
average - around 50,000 or 6-8,000 per year
high - above 100,000 or 10-15,000 per year

 

[D Walker]

Mine is in storage and low miles - just ticked over 13k, however, I try and get it out every 2-3 weeks, work, weather, other family commitments allowing,
I have 3k miles a year on insurance and hope to get **** close, I've done 1200 or so since late March, If it drops 3,5,8k since I bought it, then so be it, I'd have dropped more on a newer German as my daily - currently 17k miles on the golf I got off Mav, so that's how my man maths abacus works, I can justify it by running a bangernomics car.... fingers crossed, I conveniently forget the monthly storage cost.....

 

[cheshiremaserati]

I would agree service and maintenance on the GS is most important and who did the servicing

Spot-on. I would build on this by stating that any advisories should have been acted upon and rectified. Too many examples I've seen where such advisories are postponed till the next service, and then another set of advisories and it becomes an even bigger bill and so on until ultimately, the car is off-loaded to another buyer to pick up all the remedial work. This is extremely common among Porsche where many people can buy one (for the price of a Fiesta) but can't afford to maintain it - so they cut corners, ignore advisories and use it for 2-3 years and then pass on a lemon hiding big bills to some unsuspecting idiot who had this car as a poster in his bedroom and thinks he has realized his dream - until the first service under new ownership!........

 

[BuckRog64]

Something useful the government has done is provide us with the website detailing a cars MOT history. I don't bother calling the seller if history shows a list of advisories that should and would have been addressed pre-MOT if car was well maintained.