See If the Car Has Been Sitting for a Long Time
You must avoid cars that have been sitting for several months. When a car has been stationed for a long time, it may already have welcomed several problems, such as seals dried out and cracked, several parts deteriorated, rubber hardened, electronics corroded, etc. Sometimes, the car owner leaves a car sitting only because the car requires some servicing and the owner is not in position to afford it. An issue like this is especially seen with older cars, for instance Lotus Esprits and Ferrari 308. Avoid cars having never been driven in years, or waiting for service in the garage.
Do a Pre-Purchase Inspection (PPI)
The Pre-Purchase Inspection is very important part of purchasing an expensive used vehicle, especially when it’s an exotic car. You can easily negotiate a better deal if you have the car inspected by an expert or evade a bad deal if you have the car inspected by an expert first. The technician having come to inspect the car will also tell you what needs to be replaced in near future, the service the car will need, and the current condition of the car in general. Don’t just rely on yourself for PPI: A little investment is truly worth it.
Car Has Seen Multiple Drivers
See if a car has passed through several owners. It may be with one of the following two issues (or perhaps both):
1. One or more of its ex-owners might have neglected its maintenance requirements or abused it on track. Ariel Avinari, CEO of Global Autosports suggests, “The longer the chain of drivers is, the more likely that one of them abused the car on track.
2. There is a hidden problem with the car that makes its owners quickly resell it. Look out for vehicles which have changed hands several times within a few years.
It is best to buy a car from an original owner who has been driving the car regularly and has been taking very good care of it.
One of the most expensive repairs in an exotic car is the body damage, since body parts do not fail regularly and might not be as easily available as something like a head gasket or brake rotor. An exotic car having already been in an accident is never going to be quite the same. A shock, even with a moderately minor collision, is usually sent through entire body of the vehicle. The bolts can snap or loosen, chassis can torque, and many other problems can occur after the hit. These hits, especially with exotic cars, are very expensive. Buy a damaged exotic car only if it’s total steal, but that too, being very careful.