The Story of My Salvage Title Ferrari 458: A Surprising Find and Potential Issues

TLDRI purchased a salvage title Ferrari 458 Spyder with 86,000 miles for $99,999. Despite its troubled past, the car runs and drives well. I am now conducting a post-purchase inspection to identify any potential issues. The car has several lights on the dashboard and signs of previous damage, but overall, it is in good condition.

Key insights

🚘I found a salvage title Ferrari 458 Spyder with 86,000 miles for $99,999.

🤔Despite its troubled past, the car runs and drives well.

🚨The car has several lights on the dashboard and signs of previous damage.

💰The car was the cheapest 458 for sale in the USA.

🧲I am conducting a post-purchase inspection to identify any potential issues.

Q&A

What is a salvage title?

A salvage title is given to a vehicle that has been damaged and deemed a total loss by an insurance company. It signifies that the car has been repaired and is now in a roadworthy condition, but it carries a lower value due to its history.

What kind of damage did the car have?

The car was ran off the road and thrown into a ditch, resulting in a badly wrecked front end and a deployed airbag. However, the car has been repaired and now shows no visible signs of the previous damage.

How does the car drive?

The car drives fantastically and feels tight and responsive on the road. It has high mileage for a Ferrari 458, but it runs well and shows no signs of mechanical issues.

Are there any potential issues with the car?

While the car runs and drives well, it does have several lights on the dashboard indicating potential issues. Additionally, there are signs of previous damage, and the high mileage may require some maintenance in the future.

Would you recommend buying a salvage title car?

Buying a salvage title car can be a risk, as there may be hidden issues and the resale value is lower. However, if you are willing to do thorough research and inspections, it is possible to find a good deal on a salvage title car, as I did with this Ferrari 458.

Timestamped Summary

00:00I found a salvage title Ferrari 458 Spyder with 86,000 miles for $99,999, making it the cheapest 458 for sale in the USA.

01:14The car shows signs of previous damage, but it runs and drives well, with no visible signs of the previous wreck.

02:20I am conducting a thorough post-purchase inspection to identify any potential issues with the car.

03:13The dashboard lights indicate potential issues, and the high mileage may require maintenance in the future.

05:31Despite the potential issues, the car drives fantastically and feels tight and responsive on the road.