Ferrari Mailing List: Now Ferrari Daytonas!

[Robert W. Garven Jr. (rgarven]

Alexander,

Did you subscribe to the Ferrari Market Letter?  Go to every car show?  I was once told every car is for sale its just the price that is the determining factor!

BTW MIchael Sheehan has several Daytonas for sale on his website:

http://www.ferraris-online.com/pages/sell.php

I dont know him personally but have met him over the years several times and even visited his operation 

when it was in full swing and showed him some 1/43 scale models I was building back then. I  know that some of his problems were with a japanese 

customer. I think the customer was involved in organized crime and almost sure Michael was finally cleared of any wrongdoing. I do know one thing

he knows his Ferraris. Since I am waiting to win the lottery to buy my first daytona I am more of a spectator at this point.

I do have a buddy that had a Daytona and some guy kept bugging him to sell so bad he sold the car for more than he thought it was worth. Then somehow

found another one  way better than his old one and paid substantially less. If you are serious about getting a daytona I have a few longtime owner friends

with them and could see if they are willing to help?

Sincerely  

Rob

Robert W. Garven Jr.

rgarven [at] gmail.com

 "The Ferrari is a dream - people dream of owning this special vehicle and for most people it will remain a dream apart from for those lucky few". Enzo Ferrari

On Oct 21, 2011, at 4:49 PM, Alexander Ishii wrote:

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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