Re: ferrari's in Italy
From: Britt2Asa (Britt2Asaaol.com)
Date: Wed, 15 Aug 2012 14:24:09 -0700 (PDT)
Over here you can buy an older Bentley or RR for less than 5k. With the price of fuel and the road tax nobody wants them! They are too big for the road, to big to park, cost around 200 dollars to fill up and won't fit in your garage! All reasons these cars are so cheap. For the same reason a 7 series or A8 or S class merc loses 50% of its value in the first year (if equiped with a V8 or V12) and the diesels are just behind. They just cost to much to run, don't fit in your garage or on the roads. The people that buy them new are almost always companies/chauffeurs ect who change cars every 3 years or so and can deal with taking a big hit.
 
A few years ago I bought an A8, for 3k, ran it for a year and did nothing to it, didn't even service it and then sold it for 3k. was expensive on the fuel but a lot of car for the price of a 8 year old Ford Focus! 
 
BR in the UK
1986 328GTS (LHD 89,940km) Died August 19, 2006 Shrewsbury UK
1980 400i (RHD 74,000 miles)
Searching for the right 512TR
1997 Fiat Barchetta
1985 Bertone X1/9
2003 BMW 530d
1991 Alfa Spider S4 LHD Red
1992 Alfa Spider S4 LHD Black
1993 Alfa Spider S4 LHD Yellow
2010 BMW 320d
 
In a message dated 15/08/2012 13:08:40 GMT Daylight Time, cavallino_rapante [at] yahoo.com writes:
Finding a running Bentley or RR "on-the-cheap" is like finding a golden unicorn.  People selling those cars have a certain attitude that makes used Ferrari sellers look somewhat congenial, and rational by comparison.  What's an additional $20K overcharge to your typical status-chasing Blue-Blood?  A weekend of shopping at Barneys NY?  C'mon, folks - do they even read NADA before writing a check for such a car?  NADA is for the "little people", after all....  Don't get me wrong - If somebody 'gifted' me a clean rolling-chassis, I'd stuff a used Ford Cobra motor into it in a heartbeat.  Glass-packs and all.  But I like to daydream.
 
...and don't get me started about local Govts that charge 'Property Tax' for cars.  Granted, here in MA the Sales Tax for automobiles is capped at $300.  BUT - their sliding-percentage rates for Automotive Property Tax assessment has you paying MORE over your term of ownership than you would have with an up-front Sales Tax charge, yet the Tree Huggers in Beacon Hill wonder why nobody is rushing-out to purchase the latest $35K+ 'green cars'....maybe its because we can do the math.  Good thing my 308 QV is over 25 years old, and according to the state of MA is 'worthless' - my tax on that is only around $150 annually.
 
M


--- On Tue, 8/14/12, Robert W. Garven Jr. <rgarven [at] gmail.com> wrote:

From: Robert W. Garven Jr. <rgarven [at] gmail.com>
Subject: Re: [Ferrari] ferrari's in Italy
To: "Michael" <Cavallino_Rapante [at] yahoo.com>
Cc: "The FerrariList" <ferrari [at] ferrarilist.com>
Date: Tuesday, August 14, 2012, 11:29 PM

Matt,

Can you explain that more. In CA we only pay a state reg fee which is 100$ for the Ferrari and 300 for insurance. The city charges nothing. I pay all my taxes and feel like it is an obligation to be a citizen
but it sounds like you are getting raped!

Rob
Robert W. Garven Jr.


 "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 Aug 14, 2012, at 11:42 AM, Matt Boyd wrote:

What Erik's referring to is my 1991 Turbo R that I doubt you could find at a dealer for over $20k.....and my city/locality is assessing its value at $43k and taxing me about $2.5k/year as a result. No recourse for me (I've tried and met with the commissioner of the revenue)....unless I take it to court. And based on VA state law, I'll lose. The only thing I could do is convince NADA.com that they are screwed in the head publishing that a 1991 Turbo R is worth $43k, since the state says if a "recognized published pricing guide" publishes a value, then that is what you assess the car at for tax purposes....
 
But I digress....
 
-matt

On Tue, Aug 14, 2012 at 1:54 PM, Erik Nielsen <judge4re [at] gmail.com> wrote:
Isn't your county already sticking it to you for your Bentley?  You need to move further off the paved road, some of us are paying a lower percentage than Romey...
 
On Tue, Aug 14, 2012 at 12:04 PM, Matt Boyd <ferrari308driver [at] gmail.com> wrote:
I agree that we shouldn't feel sorry for tax cheats at all. I also don't like the equivalent of racial profiling that would cause someone driving a car to be stopped just because they might be wealthy. But maybe that's just me...
 
-Matt
'85 308
'39 RR P-III
'91 Turbo R
etc
PS-As an aside, if anyone is selling a good manual TDI Passat or Jetta at $15k or hopefully way south of that, let me know....

On Tue, Aug 14, 2012 at 12:41 PM, Michael James <cavallino_rapante [at] yahoo.com> wrote:
I'm supposed to feel sorry for tax cheats because they used their ill-gotten money to buy a Ferrari?
 
How about 'NO'...
 
M


--- On Tue, 8/14/12, Jo Pharris <yokutya99 [at] yahoo.com> wrote:

From: Jo Pharris <yokutya99 [at] yahoo.com>
Subject: [Ferrari] ferrari's in Italy
To: "Michael" <Cavallino_Rapante [at] yahoo.com>
Cc: "The FerrariList" <ferrari [at] ferrarilist.com>
Date: Tuesday, August 14, 2012, 10:06 AM

Enjoy,
  Jerry

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