WASHINGTON — Ferrari is recalling 1,950 of its 2005-'07 F430 Spider cars. A defect involving the hydraulic hoses for the convertible top could cause smoke and fire in the engine compartment, rendering the vehicle inoperable, according to the National Highway Traffic Safety Administration.

http://www.edmunds.com/insideline/do...ticleId=142206

 

there goes another 10% in value

 

Omg!

 

Hmmm...having that happen might put a damper on a nice Sunday drive...

 

Your avatar is .

 

If it's a TSB, I doubt they'll suffer depreciation.
If the car for some reason is "bought back", I'd expect prices to stay flat. Less supply.

 

Not if 80% of them burn down, then the value will go UP!

 

yeah value should go up after a lot burn down. well, once they fix the issue.

 

At least steps are being taken to fix the problem in a timely fashion.

 

I went on the factory tour a few years ago and you wouldn't believe the amount of cars were in the 'to be fixed' area. There were cars with all sorts of issues right off the assembly line. I remember hearing about a car with 2 steering wheels! HA HA! How true this is, I don't know, but it drives the point home

 

+1 lol

 

Would be happy to take one with 2 engines

 

This actually happened to my friends F430 spider

 

wow...bummmer

 

LOL yeah. I'm sure it's a PS, but it's still funny to imagine some poor chubby kid who wound up with that name.