I've been studying S1 Evora ads (and a couple of auctions)(and some 400's) for a few months now and have a couple of questions for the collective group:
I've noticed in the large majority of CarFax reports entries like: "Electrical system checked" or "engine checked" or "charging system checked" or "engine electrical system checked" or "driveability/performance checked". Sometimes they show up once in the Carfax then disappear, other times they show up multiple times on the report. Rarely do I see any kind of corrective measure listed (i.e. "replaced X component").
1. My newbie assumption is these kinds of entries are red flags (many of the cars that have remained on the market for months - and seem reasonably priced - have these entries) to stay away from those vehicles. Yet some of the cars sell - and some quite quickly. Am I reading too much into these Carfax entries (is it just a common part of a regular maintenance check to do these things for example) or are they truly "red flags"?
2. Are there other "service" entries I should be watching out for as red flags ("console replaced", "module re-programmed" etc.)? My concern is since the electrical problems seem to be intermittent with these cars, a PPI may not find them - the systems may be fine the day the PPI is done.
There are some low mileage S1s that have been on the market for a long time listed on Autotrader and Cars.com etc. in the low $50's, some of which have dropped into the high $40s, that still have not sold with otherwise clean Carfaxes and I'm just wondering why the group thinks they are not being purchased (is the pricing still a bit too high in the high $40s?). Any insights would be welcome!
I've noticed in the large majority of CarFax reports entries like: "Electrical system checked" or "engine checked" or "charging system checked" or "engine electrical system checked" or "driveability/performance checked". Sometimes they show up once in the Carfax then disappear, other times they show up multiple times on the report. Rarely do I see any kind of corrective measure listed (i.e. "replaced X component").
1. My newbie assumption is these kinds of entries are red flags (many of the cars that have remained on the market for months - and seem reasonably priced - have these entries) to stay away from those vehicles. Yet some of the cars sell - and some quite quickly. Am I reading too much into these Carfax entries (is it just a common part of a regular maintenance check to do these things for example) or are they truly "red flags"?
2. Are there other "service" entries I should be watching out for as red flags ("console replaced", "module re-programmed" etc.)? My concern is since the electrical problems seem to be intermittent with these cars, a PPI may not find them - the systems may be fine the day the PPI is done.
There are some low mileage S1s that have been on the market for a long time listed on Autotrader and Cars.com etc. in the low $50's, some of which have dropped into the high $40s, that still have not sold with otherwise clean Carfaxes and I'm just wondering why the group thinks they are not being purchased (is the pricing still a bit too high in the high $40s?). Any insights would be welcome!
