Re: A change in thinking
From: Tom Reynolds (kjtarcox.net)
Date: Sat, 7 Feb 2009 08:54:29 -0800 (PST)
If you look at the page Steve Cook posted yesterday (where his QV is for
sale) there's also a link for Stewart Chung's car.  He readily admits that
he spent (hold your breath) $80,000 on the car.  He says the paint job alone
was $14,000 (and this was a few years ago).  And, yes, his car is for sale
as well.
Tom in Tulsa
----- Original Message ----- 
From: "Jim" <jimshadow [at] verizon.net>
To: <kjtar [at] cox.net>
Cc: "The FerrariList" <ferrari [at] ferrarilist.com>
Sent: Saturday, February 07, 2009 7:51 AM
Subject: Re: [Ferrari] A change in thinking


> 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
> > Sent via BlackBerry by AT&T
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