Ferrari Mailing List: Re: No PPI in SF anymore

[philville dejazzd.com (philville]

   I remember when Mike Sheehan first wrote this piece in "05" and how it
   made my blood boil, it does so again two years later.......I have seen
   and, been indirectly involved with legal issues some of which should
   have been resolved with bare knuckles behind a bar some where.....Once
   I was drawn into a law suit because of my position with an authorized
   dealer that was truly ludicrous....a man, an existing client of this
   same authorized dealer ( oh I forgot to mention, he was a lawyer )
   sued because we would not  ( could not ) sell him a Testarossa....we
   were already over our allocation in orders, need I tell you, he won,
   Ferrari made a deal with him, the particulars of which I have never
   known and of course it cost our agency some number of dollars plus a
   future allocation...but then he was a lawyer. It was not long after
   that that our company stopped selling at list price....so, he won his
   point, entitlement includes the wealthy no matter who loses....and in
   this case the enthusiasts lost.

   About a year later I threw in the towel....probably left a ton of
   money on the table but I can tell you I have never regretted a minute
   of it....you can not imagine what some Ferrari owners will do if they
   think some one might have made a profit or god forbid didn't get their
   entitlement.

   When called upon to perform a PPI, my first disclaimer is that I will
   look at a car and tell you if I would buy it....if you need a full
   mechanical PDI I can refer you to some other masochist.

   Mike Sheehan and Bruce Trenery got it right when they said " we would
   not be having this conversation if the market was still going up"

   The world of Ferrari was a much more satisfying place to be in and do
   business in until too much money got into the game......but
   interstingly enough, if you look at many of the people buying those
   sub $50k cars today, I actually think they are driving, enjoying, and
   appreciating what they have.

   Stick around it will all start again....someday. (Unfortunately)
   Phil

   ----- Original Message -----
   From: Paul Bennett <pbennett [at] macnet.com>
   Date: Wednesday, December 16, 2009 8:41 pm
   Subject: [Ferrari] No PPI  in SF anymore
   To: Phil Tegtmeier <philville [at] dejazzd.com>
   Cc: The FerrariList <ferrari [at] ferrarilist.com>
   > Why no PPI are done in SF any longer.
   >
   > http://www.sportscarmarket.com/Sheehan-Speaks/2009/October/
   >
   > Good read - the story of a simple 365GTC/4 which made several
   > trips to
   > Hawaii, and human nature of the owner(s).   The
   > maintenance which was
   > performed on this car far outvalues the car but not the lawyers.
   >
   > _________________________________________________________________
   > To unsubscribe or modify your subscription options, please visit:
   >
   http://lists.ferrarilist.com/mailman/options/ferrari/philville%40dejaz
   zd.com
   >
   > Sponsored by BooyahMedia.com
   > and F1 Headlines
   > http://www.F1Headlines.com/
   Please visit .................
                    www.radnorconcours.org
     "The Concours d'Elegance at Radnor Hunt"
                  You will be glad that you did.
   And, of course, go to: .........www.PhilvilleUSA.com