From: Brian E. Buxton (BrianBuxtonBuxtonMotorsports.com)
Date: Tue, 9 Apr 2013 10:57:10 -0700 (PDT)
Well the auctions are filled with retail buyers ...
of course some sales aren't repeatable due to factors of being on live TV,
ego, etc. But the auctions are usually a representation of
the market.
Brian
On 4/8/13 6:17 PM, Phil wrote:
Sad commentary. The auction companies set the market price
with each new record,
I think I will have a Margharitta and. contemplate the real
world .
Extremely
low mileage F40's are doing around $500K now.
Brian
On 4/8/13 8:40 AM, Larry T wrote:
So I'm laying in bed (it's
been 8 weeks mostly) while my new knee heals and I'm bored so I check out
Comcast On Demand and find a program
called Fast N Loud.. They're a shop in Tx
that buys cars, fixes them and sells them.
So a guy shows up with a
trailer and a wrecked F40 in the back. The Fast N Loud guy
says Wow - that's a million dollar car
fixed up!
The seller wants $400K and the body is
broken along each side
and all the bodywork forward of the windshield is gone.
I cannot imagine drivable F40 going
for a million. A broken one like this
would bring more than 100K IMO
- and I know almost nothing
about the
prices for this stuff.
There's not
much on the net about
prices other than 1 in
UK with 42K miles for £330 So I
think my initial
impression was
right - that
paid WAY too
much for that
car showing a
complete
ignorance for
Ferrari values.
Of course the
seller made out
great!
Well,
no more of that
program!
Those guys are
stupid! Back
to my tapes of
Le Mans!
Let me know if
my logic is
wrong....
Take
care -
LarryT
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