I Bought a Cheap Wholesale Ferrari and it came with a Strange Noise...

Samcrac
20 May 202417:35

Summary

TLDRIn this video, the narrator recounts their experience with a cheap Ferrari California, which turned out to be a costly mistake. Despite initial appearances, the car had a faulty transmission that could cost up to $50,000 to repair. The narrator also highlights other minor issues like cosmetic damage and interior flaws, emphasizing the poor build quality for such an expensive car. They share their journey of diagnosing the problem, attempting a gearbox adaptation, and ultimately deciding to sell the car due to the high repair costs. The video serves as a cautionary tale about the hidden costs of owning a luxury car and the unreliability of certain Ferrari models.

Takeaways

  • 😅 The narrator had a bad experience with a cheap Ferrari that had a noise issue costing $50,000 to fix.
  • 🔧 Despite past success with DIY fixes on other luxury and exotic brands, Ferraris seem to be problematic for the narrator.
  • 🗝️ The Ferrari's key was in poor condition, which should have been a warning sign of more issues.
  • 🚗 The purchase of the Ferrari was impulsive and based on a low proxy bid that surprisingly won the car.
  • 📈 The market value of the Ferrari California had been high, but the car in question had issues that lowered its price significantly.
  • 🔍 The auction house provided valuable data on car sales, helping the narrator understand the market better.
  • 🛠️ The Ferrari had a noisy transmission issue that turned out to be a common and expensive problem with the specific gearbox model.
  • 💡 The narrator tried a gearbox adaptation to fix the noise issue, but it led to more serious transmission problems instead.
  • 📚 The video referenced 'Hollywood Mechanic' Micah's videos as a resource for understanding the gearbox issues.
  • 🚫 Ferrari's lack of assistance with out-of-warranty gearbox issues contrasts with Mercedes' extended warranty on similar issues.
  • 🛑 Besides the transmission, the Ferrari had other minor issues like cosmetic damage and electrical problems, but these were manageable.
  • 📈 The narrator managed to sell the Ferrari without loss, indicating that despite the issues, there is still a market for used Ferraris.

Q & A

  • What was the main issue with the Ferrari that the narrator bought?

    -The main issue with the Ferrari was a noise coming from the rear, which was later identified as a problem with the seven-speed power shift transmission, known to have multiple complex and expensive issues.

  • What is Car Keys Express and how did it help the narrator?

    -Car Keys Express is a service that provides replacement car keys at a fraction of the cost of dealerships. The narrator used it to get a replacement key for his Camaro without visiting a dealership.

  • What is the cost difference between getting a replacement key from Car Keys Express versus a dealership?

    -The cost of a replacement key from Car Keys Express is up to 75% less than what a dealership would charge.

  • Why did the narrator decide to buy the Ferrari despite knowing it had issues?

    -The narrator decided to buy the Ferrari because it was being sold at a significantly lower price than retail, and he believed he could fix the issues as a project car.

  • What is the purpose of the proxy bids mentioned in the script?

    -Proxy bids are pre-bids placed in advance of an auction. They are usually set very low, and while they rarely win the car, they generate a report showing the actual sale prices of the cars, providing valuable market data.

  • What was the auction's initial stance on selling the Ferrari to the narrator?

    -Initially, the auction was willing to sell the Ferrari to the narrator at his high bid, which was in the 50s, because the dealer wanted to get rid of it badly.

  • What was the outcome of the gearbox adaptation process performed on the Ferrari?

    -After performing the gearbox adaptation, the gearbox warning light came on, and the car started skipping gears, specifically second and sixth gears, indicating a more serious issue with the transmission.

  • Why did the narrator reach out to Micah, also known as Hollywood Mechanic?

    -The narrator reached out to Micah for his expertise and opinion on the Ferrari's transmission issue, as Micah had made informative videos on the specific gearbox and its common problems.

  • What other issues did the Ferrari have aside from the transmission problem?

    -Aside from the transmission problem, the Ferrari had cosmetic issues like rock chips and curbed wheels, a faulty headlight jewel, a non-functioning TAC backlight, a dashboard that needed leather repair, and a check engine light with a crank cam correlation code.

  • What was the final outcome for the Ferrari after the narrator discovered all the issues?

    -The narrator sent the Ferrari to auction with a mechanical issue disclosure. It sold quickly, and the narrator broke even on the purchase.

Outlines

00:00

😅 Struggles with a Cheap Ferrari

The narrator recounts their experience with a problematic Ferrari California that cost $50,000 to fix. Despite past success with other luxury brands like Porsche, Audi, and Bentley, the narrator admits to bad luck with Ferraris, often ending up with worst-case scenarios. The story begins with the purchase of a seemingly good deal on a California at auction, only to find out later about its extensive issues. The keys were a first sign of trouble, and the narrator opted for a cost-effective replacement key from Car Keys Express, saving significantly compared to a dealership. The California's auction price was once exorbitant, but the car had fallen in value, making it an attractive buy despite its flaws.

05:03

😨 The Unexpected Noise and Transmission Issues

After acquiring the Ferrari California, the narrator encountered a mysterious noise while driving, particularly noticeable in fifth gear during deceleration and acceleration. Initially, they suspected the worn-out suspension but soon realized the noise was coming from the gearbox. Upon inspection, they discovered the car had been taped with LED lights and lacked fluid leaks, but the noise persisted. The Ferrari's seven-speed F1 gearbox, known for its complexity and cost, was identified as the source of the problem. The narrator consulted with Micah, the Hollywood Mechanic, who suggested a gearbox adaptation as a potential fix. Unfortunately, this only led to more issues, with the car skipping gears and eventually displaying a gearbox warning light and throwing multiple fault codes.

10:04

🛠️ The Ferrari's Persistent Problems and DIY Solutions

Despite the gearbox issues, the narrator also highlights other minor problems with the Ferrari, such as cosmetic damage, faulty headlight jewels, and a non-functioning gauge cluster backlight. They mention the need for leather repair on the dashboard and a check engine light due to a crank cam correlation code, which is a known issue requiring replacement actuators under the valve covers. The narrator reflects on the car's overall poor build quality for a modern Ferrari and the high costs associated with repairs, especially for a used model. They eventually sold the car at auction, disclosing the mechanical issues, and managed to break even on the purchase.

15:06

🚗 Lessons Learned from the Ferrari Experiment

The narrator concludes by sharing the lessons learned from their experience with the cheap Ferrari. They emphasize that while the idea of owning an affordable exotic car is appealing, the reality often involves significant hidden costs and repairs. The story serves as a cautionary tale about the pitfalls of buying a luxury vehicle without fully understanding the potential maintenance and repair expenses. The narrator also encourages viewers to like and follow for more project updates, reflecting on the enduring allure of Ferrari despite the challenges faced.

Mindmap

Keywords

💡Ferrari

Ferrari is an Italian luxury sports car manufacturer known for its high-performance vehicles. In the video, the narrator discusses their experiences with buying and owning a Ferrari, specifically pointing out the challenges and costs associated with maintaining one. The Ferrari in question, a California model, is highlighted for its issues, which contributes to the main theme of the video about the pitfalls of buying a 'cheap' luxury car.

💡DIY magic and intuition

DIY stands for 'Do It Yourself,' referring to the act of individuals performing tasks typically done by professionals. In the context of the video, the narrator mentions using 'DIY magic and intuition' to repair and enjoy other luxury and exotic cars like Porsches, Audis, and Bentleys. This concept is central to the video as it contrasts the narrator's usual success with DIY car repairs against the problems they faced with the Ferrari.

💡Car keys Express

Car keys Express is a service mentioned in the video that provides replacement car keys at a fraction of the cost of dealerships. The narrator uses this service to get a replacement key for their Camaro, illustrating an alternative to the high costs associated with car dealerships. This example is used to highlight a positive experience with a cost-effective solution in contrast to the problems faced with the Ferrari.

💡Proxy bids

Proxy bids are pre-arranged bids placed on an individual's behalf in advance of an auction. The narrator discusses using proxy bids at auctions, often setting them very low in hopes of securing a car at a bargain price. This concept is integral to the video's narrative as it sets the stage for how the narrator ended up with the problematic Ferrari.

💡Transmission

A transmission is the component of a vehicle that allows it to change speed, torque output, or rotation direction. In the video, the Ferrari's transmission is a central issue, with the narrator describing a mysterious noise and subsequent problems that suggest a failing gearbox. The transmission's issues are a key part of the video's theme, illustrating the high cost and complexity of maintaining a luxury car.

💡Gearbox adaptation

Gearbox adaptation is a process where a vehicle's transmission is recalibrated to optimize its performance. The narrator attempts to fix the Ferrari's transmission issues by performing a gearbox adaptation, which involves using a diagnostic tool to allow the transmission to self-adjust. This process is a key part of the troubleshooting steps taken by the narrator in the video.

💡Synchronizers

Synchronizers are components within a manual transmission that match the speed of the gears to be meshed. In the video, the narrator mentions trouble codes pointing to the synchronizers after the gearbox adaptation, suggesting that these parts of the transmission are failing. This is another example of the Ferrari's mechanical issues and contributes to the video's overall message about the challenges of owning a luxury car.

💡Check engine light

The check engine light is a dashboard indicator that signals a problem with the vehicle's engine or emissions system. In the video, the Ferrari has its check engine light on, which the narrator investigates and attributes to a crank cam correlation code. This is indicative of the various mechanical issues the narrator encounters with the Ferrari, reinforcing the video's theme of the difficulties of owning a cheap luxury car.

💡Cosmetically rough

Cosmetically rough refers to the exterior appearance of a vehicle that has visible damage or wear, such as rock chips and curbed wheels. The narrator describes the Ferrari as being 'cosmetically rough,' which initially seemed like a minor issue but turned out to be indicative of deeper problems with the car. This term is used to illustrate the initial impression of the Ferrari and how appearances can be deceiving.

💡Project car

A project car is a vehicle that an enthusiast buys with the intention of restoring or modifying it. The narrator initially considers the Ferrari a good 'project car' due to its low purchase price and the potential to fix its various issues. However, the complexity and cost of the transmission problems change this perspective, demonstrating the financial and practical challenges of such projects.

Highlights

The narrator's experience with a noisy Ferrari that supposedly cost $50,000 to fix.

Narrator's history of buying and repairing luxury cars like Porsches, Audis, and Bentleys, but having bad luck with Ferraris.

The purchase of a Ferrari California with the expectation of minor cosmetic issues but ending up with more significant problems.

The discovery that the Ferrari's keys were in poor condition, which should have been an initial warning sign.

The decision to avoid dealership prices and instead order a replacement key from Car Keys Express.

A detailed explanation of how to use Car Keys Express for ordering and syncing a new car key.

The auction process and the strategy of placing low proxy bids to gather data on car sales.

The unexpected purchase of the Ferrari California at a significantly lower price due to dealer desperation.

Initial observations of the Ferrari's condition and the subsequent discovery of a noise related to the transmission.

Investigation under the car to identify the source of the noise, revealing a complex issue with the transmission.

The revelation that the specific Ferrari gearbox is known for having multiple expensive issues.

Comparison between Ferrari's and Mercedes' responses to the gearbox issues, highlighting Ferrari's lack of support.

The narrator's attempt to fix the gearbox issue by running a gearbox adaptation, as suggested by a mechanic.

The gearbox adaptation process and the subsequent appearance of a gearbox warning light and error codes.

The realization that the gearbox is skipping gears, leading to the conclusion of a failed transmission.

The narrator's decision to send the car to auction due to the unfeasibility of repairing the transmission.

A summary of the car's other minor issues, such as cosmetic damage and electrical problems.

Reflection on the overall experience and the lesson learned about the reliability of certain Ferrari models and their transmissions.

Transcripts

00:34

this noise supposedly cost $50,000 to

00:36

fix and because of it I swear I'm never

00:39

buying another cheap Ferrari even though

00:41

I've had some success buying other

00:42

bargain exotic and luxury brands with a

00:44

little bit of DIY magic and intuition

00:47

we've repaired and enjoyed Porsches

00:49

Audi's and even a Bentley but when it

00:51

comes to Ferraris either I'm really bad

00:53

at picking them or they're just terrible

00:55

at making them now I'm always looking

00:56

for a deal so I tend to buy Rex

00:58

literally and well that's an obvious

01:00

problem but even in the cases where I've

01:02

just bought a Ferrari that looks like it

01:03

needs a little bit of paint and love

01:05

usually they end up as a worst case

01:07

scenario and that's exactly what

01:09

happened when I picked up this drop top

01:11

California even though it looked pretty

01:13

amazing from just a few feet away the

01:14

fact that the keys were falling apart

01:16

should have been sign enough that I was

01:17

getting myself into trouble again but I

01:20

didn't think much of it because a lot of

01:21

auction cars come with keys that look

01:23

like they're occasionally used as a

01:24

dog's chew toy it's even worse than this

01:26

someone broke the flip up blade off so

01:29

all I've got is this basic valet key

01:31

here I had to get a replacement but of

01:33

course I wasn't going to go to the

01:34

dealership for that because you all know

01:36

replacement keys at the dealership are a

01:37

complete ripoff instead I went to car

01:39

keys Express and ordered a snap key all

01:41

it takes is to select your makeing model

01:43

then pick the key most similar to yours

01:45

I've got this four button one right here

01:47

and last take a few pictures of the

01:49

blade then car keys Express will ship

01:51

you a freshly cut key along with an easy

01:53

installer with the installer plugged

01:54

into your car just open its app and it

01:56

will take you step by step on how to

01:58

sync your new key and once you follow

02:00

these simple steps your key is ready to

02:07

go and as easy as that we've got a fully

02:10

functional replacement key for my new to

02:12

me Camaro without leaving home and even

02:15

better is that a snap key cost up to 75%

02:18

less than what a replacement at the

02:19

dealership would all you have to do is

02:21

visit car keys Express by hitting my

02:23

link down in the description and if

02:25

you've got an extraordinary situation

02:27

like maybe you lost your last set of

02:28

keys they do offer onsite Solutions all

02:32

you have to do is head on over to car

02:34

keys Express now up until pretty recent

02:36

the prices of these California were

02:38

ridiculous they were regularly trading

02:40

hands up to a 100 Grand with mediocre

02:42

examples still fetching around 75,000

02:45

bucks and this one looked pretty

02:46

straightforward in its auction listing

02:48

it didn't say that there was anything

02:49

severely wrong with it just that it had

02:51

some rock chips and curbed Wheels now I

02:53

ended up with this Ferrari kind of on a

02:55

coincidence and here's how that happens

02:56

at the auction I put in a ton of proxy

02:59

bids these are pre- bids that happen

03:01

well in advance of the auction a lot of

03:03

times days before they ever run through

03:06

the block but when I put these in

03:08

they're all super low balls so the

03:10

chance of winning these cars is

03:11

virtually 0% and even if you end up the

03:14

high bidder at a really low price a lot

03:17

of times the dealers will just take them

03:18

and run them another day in hopes that

03:20

they'll get more money so these lowball

03:23

bids don't win your cars usually but

03:26

what they do is they'll generate you a

03:28

report and let you know hey you lost

03:30

these cars today but here's what they

03:32

sold for they'll give you the actual

03:34

sale prices or tell you here's the high

03:36

bid but it didn't sell it gives you a

03:39

lot of great data to go off of that I

03:41

take is real data because biders don't

03:43

lie but book values a lot of times do so

03:46

it just kind of lets me know what the

03:48

market is for these cars I always

03:50

thought that California was selling for

03:52

way more than it's worth and like I said

03:54

these cars are valued at this point in

03:56

time somewhere between like 70 and

03:57

$80,000 and just medium oer condition

04:00

and on the day this auction came I

04:02

wasn't there in person I wasn't

04:03

participating online I just got a call

04:06

from the auction to let me know they had

04:08

saw I was a bidder on this car I wasn't

04:10

even apparently the high bidder but they

04:13

said the dealer wanted to get rid of it

04:14

so bad that whatever my high bid was

04:16

they were willing to sell it to me for

04:18

now I put somewhere in the 50s at that

04:20

point in time I didn't even remember

04:22

what the number was but I'm like that

04:24

car should cost like five figures more

04:27

than I put in so I mean sure sure I kind

04:30

of want it for that low price but how

04:32

bad could it be the one huge advantage

04:35

that I had is that I knew exactly where

04:37

the car was because it was local to me

04:39

and the pictures were in a lot of a

04:41

dealership I'm very friendly with I've

04:42

even shot a video there I told the

04:44

auction representative I'm interested

04:45

but I need a few hours to think about it

04:47

so I'll call you back and I immediately

04:48

got on the phone with my friend that

04:50

worked at the dealership and asked him

04:51

what's the scoop on this red California

04:54

that you guys are wholesaling and so he

04:56

found out all the information he could

04:58

and he said look this car came in on

04:59

trade cosmetically it's pretty rough for

05:02

us and when he says for us they retail

05:05

the highest and most pristine perfect

05:07

exotic cars in the entire area so to me

05:10

anything that's below perfect is

05:11

probably still in pretty good shape

05:12

especially when you consider what some

05:14

of my Ferraris look like and he told me

05:17

that the tech took it for a ride and he

05:19

said the suspension was so shot between

05:22

the Cosmetic stuff on it and the fact

05:24

that the suspension needs to be

05:25

completely replaced he's like we're not

05:27

touching it it could come with more

05:29

problems but it's a cheap price if you

05:31

want it come down pick it up at a price

05:34

like 20 plus thousand under retail how

05:37

could I lose that night I went and

05:39

picked up the new me California and

05:40

hopped on the road and even though it

05:42

came with the check engine light on it

05:44

seemed to run and drive fine except that

05:46

suspension it was really worn the sports

05:49

car rode more like a lincol town car it

05:51

was loose and floaty but then I heard a

05:54

noise coming from the

05:57

rear I immediately thought this noise

05:59

might have been related to the Warren

06:01

suspension it was pretty mild and didn't

06:03

concern me but then I heard it

06:14

again since this was my first time with

06:16

the car and I had immediately felt this

06:18

worn out suspension I figured that the

06:19

noise went along with it and it was

06:21

probably no big deal but as I continued

06:23

down the road and heard it again I

06:25

started paying a little bit more

06:27

attention I turned the radio down

06:28

because it was that subtle of a noise

06:30

you wouldn't hear it with the radio on

06:33

and then I was able to notice more of a

06:36

pattern so if the car was in fifth gear

06:37

and you were coming to like a red light

06:39

and you started slowing down it had to

06:41

be in fifth gear upon deceleration it

06:43

would make this noise almost like a

06:45

little Crunch and then if you stayed in

06:47

fifth gear because the light then turned

06:49

back to green quickly it would make the

06:51

noise again so putting it in manual mode

06:54

keeping at fifth gear decelerating and

06:56

accelerating I could replicate this

06:58

noise every single time time this was

07:00

just so strange it wasn't making that

07:01

noise while it was shifting in gear it

07:03

wasn't making that noise the entire time

07:05

while it was in fifth gear and it was

07:06

shifting perfectly it was shifting

07:08

quickly and it was accelerating just

07:09

fine so I still wanted to believe that

07:12

maybe it didn't have anything to do with

07:14

the transmission maybe something was

07:15

just rubbing up against something and

07:18

that RPM in that gear was causing it and

07:22

well that's quite a bit of wishful

07:23

thinking the only way we're going to

07:24

figure it out is by putting this thing

07:26

up in the air and driving it and see if

07:29

the noise

07:29

[Music]

07:57

remains all right I just unbolted the uh

08:01

lower green Canan here and I'll show you

08:04

what I found see that c someone Flex

08:06

taped LED lights all along the bottom

08:10

panel they're really tight I can't pull

08:11

this out of the way cuz look being held

08:14

on by the cord good news is there's like

08:16

no fluid leaks this transmission is

08:19

known to leak like right under the

08:21

bottommost rear area when it has a

08:23

problem and we don't seem to have that

08:25

but the noise is obviously still happen

08:30

and this freaking tape is really strong

08:33

I want to know who makes this

08:37

tape and I was really hoping to find a

08:40

line or a heat shield rubbing up against

08:42

another moving part but this noise is

08:43

clearly coming from the inside the

08:45

frontmost part of the gearbox and this

08:47

is a huge problem because this specific

08:49

transmission is known to have multiple

08:51

very complex and expensive issues

08:54

especially on the earlier versions in

08:56

that California was one of the first

08:58

cars to use use this gearbox it's made

09:01

by gag and it's the seven-speed powers

09:03

shift Ferrari has put it in almost all

09:05

of their front and Mid Engine cars since

09:07

the California it's also used in the

09:09

latest million dooll 4D GT and a few of

09:11

the Mercedes AMG models so basically

09:13

every single car that uses this thing

09:15

costs well in excess of 100 Grand and

09:17

for that you would think it would be of

09:19

decent quality but even low mileage

09:21

Weekender cars are experiencing these

09:22

problems and leave owners with huge shop

09:24

bills and Ferrari has done little to

09:26

help earlier on when an out of warranty

09:28

customer would come in with a California

09:30

that wouldn't shift or a 458 that was

09:32

leaking hydraulic fluid Ferrari would

09:34

tell them that they need a complete

09:35

transmission replacement sometimes

09:37

costing around

09:38

$50,000 these problems became so

09:41

prevalent that it was finally looked

09:42

into by Ferrari and a few different

09:44

service bulletins were released

09:45

explaining how to repair the most common

09:47

issues and since these were only service

09:50

bulletins and not a recall again if you

09:52

were out of warranty you were out of

09:54

luck on the flip side Mercedes

09:56

recognized these issues with the gearbox

09:57

on the early AMG GT and offered a

10:00

Goodwill extended warranty of 8 years on

10:02

them so even though the typical Ferrari

10:04

owner has Deep Pockets it might spend

10:06

what I did on an entire used Ferrari for

10:08

just a transmission replacement a lot of

10:10

people were totally offended by

10:12

Ferrari's $50,000 solution and that's

10:15

open up the market for independent shops

10:16

to fix these this business must be so

10:19

lucrative for them everybody seems to be

10:20

very tight lipped there's not a single

10:22

DIY article I found online to do your

10:25

own fix but there is one guy who's made

10:27

some really good video videos on this

10:30

specific gearbox his name is Micah and

10:32

he goes by the Hollywood mechanic and he

10:34

has one video outlining every single

10:36

problem he's run into with this specific

10:39

transmission and it's unbelievable

10:41

things from Seals popping out of place

10:43

to wires fraying and sensors failing

10:46

it's clear that it's not one issue it

10:47

could be a range of a million different

10:49

things but the strangest part in our

10:51

situation is that I've never once heard

10:53

of just like a funny noise coming from

10:55

the transmission usually what happens is

10:57

that your car won't move or it will only

10:59

move in a few gears and it's missing

11:01

others and in a lot of cases you'll see

11:04

a bunch of fluid seeping out from

11:05

underneath it and ours is really clean

11:07

there's no fluid not to mention our car

11:09

has like around 40,000 mil on it so I

11:11

figured that this gearbox repair

11:13

replacement had already been done at

11:15

least once so I did reach out to Micah

11:18

and I asked his opinion on it and he

11:19

told me that it's not a guarantee but

11:22

there's a shot that we might be able to

11:23

fix it just by running a gearbox

11:25

adaptation now this is a really simple

11:28

process all you do is plug a diagnostic

11:30

reader hit a few buttons and run your

11:32

adaptation basically I had to hold my

11:34

foot on the brake and you'll see the

11:36

RPMs fluctuate as the gearbox is trying

11:38

to figure out what's going on it's

11:40

probably very technical but I assume

11:43

that it's reporting data back to its

11:45

transmission computer so that it can

11:46

operate properly while you're driving it

11:48

it all seemed pretty quick and painless

11:50

and well here's what happened so after

11:51

doing our adaptation the gearbox warning

11:53

light showed up there and uh it threw a

11:56

couple fall codes in the transmission

11:58

module so couldn't clear them that light

12:01

will not go off until they're cleared

12:03

but we haven't really driven it so let's

12:05

go ahead and drive it now and see our

12:07

noise goes away in fifth

12:16

gear that's not good all right but here

12:20

we're in fifth right now so I'm going to

12:22

let off the

12:24

gas I'm going do it again

12:30

what the heck is going on okay so first

12:33

off it didn't make the noise in fifth

12:35

gear I decelerated and accelerated a

12:37

couple times but I don't know if you

12:39

guys noticed it seems like it's skipping

12:41

some gears definitely skips second gear

12:44

on I'm going to put it in

12:46

uh manual mode

12:49

here so if I downshift yeah you see it

12:52

went from 7th to

12:54

5th so right now we're in

12:57

fifth I'm

13:04

accelerating it would do it every single

13:07

time so we eliminated our noise but we

13:10

also

13:11

eliminated sixth gear and second gear so

13:14

hold I'm going to das

13:16

downshift there's third going down

13:19

another gear oh my

13:22

goodness what a mess now that we have a

13:25

couple gears missing we have the classic

13:27

failed Ferrari get trag gearbox along

13:30

with those missing gears came a few

13:32

trouble codes and they pointed to the

13:34

synchronizers now some of that video I

13:36

showed you earlier from German Auto

13:37

House they had very similar trouble

13:40

codes and they found all sorts of broken

13:42

metal in their gearbox if I was able to

13:44

even Source the parts to repair this

13:46

gearbox things like shift forks and

13:48

synchros uh I would imagine that the

13:50

repair might even DIY cost me over

13:53

$10,000 and I think the takeaway here

13:55

isn't that I bought a cheap Ferrari and

13:57

it came with cheap Ferrari problems I

13:59

think it's that Ferrari started using

14:02

this gearbox again I think with the

14:04

California and they continue to put it

14:06

in every single one of their cars and

14:08

these failures were frequent all the way

14:11

up until like the Ferrari 488 which came

14:13

out eight model years later the fact

14:16

that Mercedes uh issued a extended

14:19

warranty on their AMG GTS when they

14:21

started using this gearbox goes to show

14:23

you that what one car company recognized

14:26

a major issue and the other one put that

14:28

issue

14:29

on uh the car's owners which is well

14:32

unacceptable in my opinion transmission

14:34

issues aside this car had a lot of other

14:36

problems but they were all pretty minor

14:38

and would have made this car a very good

14:41

project Ferrari because for what I paid

14:43

for it around the price of what one of

14:45

those new Nissan Z's cost you've got a

14:46

convertible V8 Ferrari that sounded

14:49

great and it felt pretty darn fast but

14:52

uh I took note of some of those other

14:54

things and I just want to go over them

14:55

with you really quick now the exterior

14:57

cosmetic condition I already showed you

14:59

the rock chips and the curb Wheels but

15:01

one of the funny things that you

15:02

wouldn't see unless you took a close

15:04

look were the headlights they have these

15:06

things that are called Jewels they go

15:07

over the LEDs inside the headlights and

15:11

they're known to just fall apart which

15:13

is a testament to Ferrari's quality a

15:16

$250,000 car has headlight pieces that

15:19

fall apart internally uh Ferrari wants

15:21

to sell you a whole new headlight you

15:23

can basically disassemble it and glue

15:25

back in place all the pieces because

15:27

well they just fall right inside the

15:29

headlight housing I don't know if you

15:30

guys noticed but when I was driving at

15:32

night the gauge cluster was all lit up

15:34

except for the tack so the backlight for

15:37

the TAC was completely out you got to

15:40

take the dashboard apart the dashboard

15:42

needed a little bit of leathery trimming

15:44

anyway so again it would have been

15:46

something you could take to an

15:47

upholstery shop get done while it's out

15:50

fix your little light bulbs back there

15:52

but my God for a much more modern

15:54

Ferrari than what I'm used to these cars

15:56

are pretty poorly put together and this

15:58

is entire time I haven't even brought up

16:00

why the check engine light was on the

16:02

dashboard which on the surface looked

16:04

like a crazy issue it had a crank cam

16:08

correlation code which is exactly what

16:09

we went through on a Porsche Panamera

16:11

recently we had to throw a whole new

16:13

timing kit on it now I don't think this

16:16

car needed a whole new timing kit and I

16:18

don't think it had a severe Timing

16:20

System issue they're just these

16:21

actuators that live under the valve

16:23

covers they break they known to break on

16:26

the Maseratis Ferrari stocks this part

16:29

which tells me that they're replacing

16:31

them all the time they're like 150 bucks

16:33

each it's a few hours on either side so

16:35

again it would made for a great project

16:37

car except for the whole transmission

16:40

situation I sent this car to auction

16:43

with a mechanical issue disclosure and

16:45

luckily I bought it right so I didn't

16:47

lose anything on it I literally broke

16:49

even and it sold very quickly goes to

16:51

show you people still want to live out

16:53

their dream of owning a cheap Ferrari

16:55

until they find out there is no such

16:57

thing now I hope you guys learned

16:59

something from this video if you did be

17:00

sure to give it a huge like and if

17:01

you're not already following me on

17:03

Instagram where I post new projects to

17:05

the channel before they go live here

17:07

well just follow me or hit the link down

17:09

in the description I can't thank each

17:10

and every one of you enough for watching

17:12

today and I'll catch you very soon

17:15

[Music]

17:29

he

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