Ferrari Mailing List: Re: Classiche Education

[Doug and Terri Anderson (dnt]

Good points Alex -

Yeah, the good thing about the mid 80's up to the 90's bust was barn find
Ferraris got resurrected.  The bad thing about the same era is barn find
Ferraris got resurrected.

DOUG
Even Mussolini wasn't all bad - - he drained the swamps that plagued Italy
back to Roman times and got the trains running on schedule.



-----Original Message-----
From: Alexander Ishii [mailto:alexishii [at] mindspring.com] 
Sent: Friday, October 21, 2011 3:22 PM
To: DOUG
Cc: The FerrariList
Subject: Re: [Ferrari] Classiche Education


> Personally to me it doesn't but each to their own. No offense to "brokers"
> but I would never use one/have never used one and think if you have the
> money to  buy a rare Ferrari and are to ignorant to know what you are
buying
> well  then...you deserve everything you get. A fool and his money...ect.

Having spent the better part of a year trying to find a nice Daytona to
purchase, I will say that getting away from the brokers is a very difficult
proposition.

A modern car is one thing, but once one is talking about a vintage Ferrari,
there are a small enough number of them offered for sale at any given moment
that the brokers inevitably get involved in any given transaction attempt.
Even if they don't end-up brokering a particular sale, their assertions
about what *they* could move a car for, will get to the ears of every
seller, and it becomes hard to purchase anything for less than what a broker
says they can move a car for; i.e., they are in a position to modulate the
price of all cars, not just the ones that they are personally trying to
move.

This is particularly problematic for cars that have some issues, because the
brokers are in a position to over-sell such cars and get more for them than
an informed person would be willing to offer.  Or alternately, they can put
on their "dealer hats" purchase a car sans sales tax (close to a 10% boost
in buying power, in some cases), do some cosmetic work, and then move the
car at a modest profit.

They are just trying to run their businesses, of course, so "all's fair,"
but it does lead to this strange situation where you almost have to pay
*more* if you want to avoid using a broker... :)

    -- Alex ('84 Nero Metallic)






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