Re: A change in thinking
From: Jim (jimshadowverizon.net)
Date: Sat, 7 Feb 2009 05:51:43 -0800 (PST)
Rick,

I am one who thinks that the prices here are STUPID! Cars, parts, shop labor, etc... There is a thread on FChat right now of a 328 undergoing a complete respray. The car has been taken down to the bare metal, all relevant parts stripped off and fully repainted. The car looks amazing and the workmanship is top notch. The cost is less than 1/2 what it would cost here. I was quoted approx $17,000 to repaint my GT4 in the same manner AND the shop said it would definetly be more than that because there would certainly be some body work to attend to, not to mention probablly replacing the front glass. I think your observation is spot on. Rui did it the right way. PLUS, for those of us who like working on our own cars, it could be an even bigger bargain!. :) I just read Rehkopf's comment on the Scud stripes.....WTF??? But people are paying it.


JIM
----- Original Message ----- From: <rolindsay [at] yahoo.com>
To: "JIM" <jimshadow [at] verizon.net>
Cc: "The FerrariList" <ferrari [at] ferrarilist.com>
Sent: Saturday, February 07, 2009 8:36 AM
Subject: [Ferrari] A change in thinking


Hello Friends,

We have all heard the phrase, "Buy the best car you can afford." because the phrase silently goes on to say, "...because you're going to spend more making a weak car right.". I wonder if that idea holds true in countries like Portugal where the TAX on whole cars is far greater than on parts. Could one buy a fixer-upper for a bargain price, pay minimal tax, then effect the repairs and come out with a better but cheaper car? Hummmm.

The thing that has me thinking is the car Rui bought; a 1988 328GTS. It was cosmetically weak with some body rust. The drive train had been maintained but not "preserved". He got the car for a bargain price BEFORE the even bigger tax hike that has just happened. I wonder if one did the math in reverse and asked, if he bought the same car today, for the same price, and made the same investments in restoration, would he come out far better than buying "the best car he can afford" (and deprive the tax man of his ill gotten gains)? More hummmm.

Rick, pondering on Saturday morning
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