Ferrari Mailing List: Re: Need group wisdom on pricing for 2007 F430

[Erik Nielsen (judge4re]

But when you start getting to the stratosphere, the rarest of the
rare, most people don't recognize things.  Real Bugattis look like old
cars at this point to most, Vermeer's are typically small scale
paintings with soft lighting and "mundane" subjects.

But then again, I expect Ferrari Bubba, even in East Jesus Arkansas to
look at a Type 35C and say "cool"...



On Sun, Feb 7, 2010 at 2:07 PM, Mike Fleischer <themightytoe [at] gmail.com> 
wrote:
> OK
>
> Good points I guess, and I suppose watch collectors should be no
> different (but like I said, I hardly ever wear a watch, haven't since my
> first cellphone that fit in my pocket).  And while most folks can
> recognize a Picasso or a  Ferrari or a Rolex, I can honestly say a Patek
> Phillipe does not rank in recognizability.  It just doesn't, poor
> marketing no question but there it is?  Now that said its a handsome
> looking watch, no question, but Its still only a watch...  It lacks that
> vroom vroom ness.
>
> I think PT Barnum sums up my feelings on a million dollar watch (and
> those who would insure it for that...)...   But if you get enough folks
> all believing in the value of something then I guess I get left in the
> minority, and won't go to those churches on Sunday even if they do have
> the nicest biggest screen TV's...
>
>
>
>
> Brian E. Buxton wrote:
>> Problem is your looking at it as if it were only a watch.  Or at a
>> Picasso as only a painting.  Or a $10,000 Hot Wheels as a kids toy.
>> At that level it's an investment.  Something rare and valuable that
>> will appreciate.  Something better than a stock 1. because it's
>> insured and if destroyed, you will at least break even on it (or make
>> $); 2. it's something you can enjoy and use while you own it; and 3.
>> it's something that will be valued by others in the future and will
>> continue to appreciate.  So this is less sane that someone paying
>> $150,000 for an F430 that you also put gas into, maintain, insure,
>> store, AND sell 3 years later for $100,000?
>>
>> Brian
>>
>>
>>
>> Mike Fleischer wrote:
>>> But Why the hell?
>>>
>>> Its a bitty piece of jewelry?  Christ are the uber-wealthy that bored?
>>> Really?  Seriously big time douchebag territory for someone who would
>>> spend that kind of money on something so meaningless.
>>>
>>> This makes even less sense as people paying 1 million dollars for a
>>> comic book, or 10 grand on a hotwheels car to me.  Seriously insanity I
>>> say!  I am going to see if I can trade my Patek Phillipe replica for a
>>> 308 kit car!  Heck I may even try for an F40 kit car!
>>>
>>> Erik Nielsen wrote:
>>>
>>>> http://www.christies.com/LotFinder/lot_details.aspx?from=searchresults&intObjectID=5130651&sid=fa50265f-518f-4af0-bf1e-35e788fc3e21
>>>>
>>>> That's not a typo, it's about 2 F40's in today's prices...
>>>>
>>>>
>>>> On Sun, Feb 7, 2010 at 12:16 PM, Brian E. Buxton
>>>> <BrianBuxton [at] buxtonmotorsports.com> wrote:
>>>>
>>>>
>>>>> A lot of watches will hold their value much better than a Ferrari, and
>>>>> won't break as often.  So when it appreciates you can buy another
>>>>> Ferrari, that has been depreciating!
>>>>>
>>>>> =)
>>>>>
>>>>> B
>>>>>
>>>>>
>>>>> Mike Fleischer wrote:
>>>>>
>>>>>
>>>>>
>>>>>> Ah well,
>>>>>>
>>>>>> I can get you several of those (at least close enough to fool most)...
>>>>>> I have one myself that I picked up in Shenzhen.  Admittedly tougher to
>>>>>> bring these into Europe (I am told the fines are quite large).  But it
>>>>>> wouldn't cost you a 308 either :)
>>>>>>
>>>>>> But I have to say anyone who wants to trade their sports car in for a
>>>>>> watch (even if it were a Miata), is just not a car enthusiast.  Sorry
>>>>>> Erik.  I never will understand the "more money than sense watches"  any
>>>>>> more than I get the whole Vertu business model.  I see the appeal of a
>>>>>> Ferrari, all of the ones I have driven have unique sounds and driving
>>>>>> persona that makes you want to push it a bit harder everytime you get
>>>>>> behind the wheel, and no question they look amazing just sitting still,
>>>>>> but to exchange that experience for a piece of jewelry?  Blasphemy I say!
>>>>>>
>>>>>> Mike
>>>>>>
>>>>>>
>>>>>>
>>>>>>
>>>>>>
>>>>>>
>>>>> --
>>>>>
>>>>> Brian E. Buxton, President
>>>>>
>>>>>
>>>>>
>>>>> Buxton Motorsports, Inc. <http://www.buxtonmotorsports.com>
>>>>>
>>>>> 301 North Royal Ave.
>>>>>
>>>>> Buxton Plaza
>>>>>
>>>>> Evansville, IN 47715-2866
>>>>>
>>>>> (812) 476-2281 x 209 office
>>>>>
>>>>> (812) 760-5513 mobile
>>>>>
>>>>>
>>>>>
>>>>> Member ThaList.com <http://www.ThaList.com>
>>>>>
>>>>>
>>>>>
>>>>> President, Brian Buxton Enterprises, Inc.
>>>>> <http://www.buxtonmotorsports.com/storage-transportation.php>
>>>>>
>>>>> Nationwide Enclosed Auto Transportation
>>>>>
>>>>>
>>>>>
>>>>> Founder & Past President
>>>>>
>>>>> SO. IN Region PCA
>>>>>
>>>>> _________________________________________________________________
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>>>>>
>>>> _________________________________________________________________
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>>>
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>>>
>>
>> --
>>
>> Brian E. Buxton, President
>>
>>
>>
>> Buxton Motorsports, Inc. <http://www.buxtonmotorsports.com>
>>
>> 301 North Royal Ave.
>>
>> Buxton Plaza
>>
>> Evansville, IN 47715-2866
>>
>> (812) 476-2281 x 209 office
>>
>> (812) 760-5513 mobile
>>
>>
>>
>> Member ThaList.com <http://www.ThaList.com>
>>
>>
>>
>> President, Brian Buxton Enterprises, Inc.
>> <http://www.buxtonmotorsports.com/storage-transportation.php>
>>
>> Nationwide Enclosed Auto Transportation
>>
>>
>>
>> Founder & Past President
>>
>> SO. IN Region PCA
>>
>
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