Ferrari Mailing List: Re: Classiche Education

[Alexander Ishii (alexishii]

Hi Clyde,

> If you have deep enough pockets to buy a Daytona. You can do your own home
> work and get the car you want without some hack who most likely doesn't know
> sheep shit from parched coffee about Ferraris other than you can afford one.

Oh, make no mistake, I spent a lot of time doing my own homework, and I
definitely knew as much about the cars I was looking at as any
dealer/broker...

> Talk to owner operators.

Did plenty of that also.

> But hey its your money an it looks like you got plenty to throw away!

Actually, I don't, and that is why I'm still Daytona-less after a year.

I was not saying that one should use brokers.  Rather, what I was saying is
that you either have to

1) use one, or
2) out-bid one, or
3) not buy a car

I ended-up going with option (3), because the brokers were always in a
position to pump-up the price of cars to a level that I thought was
ill-advised to buy at.

> What possers!!

I suppose you could call me a "posser," because I never actually bought a
Daytona, but at the same time, I am willing to wrench my QV, and do know
about the cars that I shop for, so I can't be all bad... :)

    -- Alex
 
> -----Original Message-----
> From: Alexander Ishii <alexishii [at] mindspring.com>
> Date: Fri, 21 Oct 2011 18:21:37
> To: Clyde<Clyderomerof4 [at] bellsouth.net>
> Cc: The FerrariList<ferrari [at] ferrarilist.com>
> 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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