Ferrari Mailing List: Re: Official 250 GTO POOL

[LarryT (L02turner]

    You're right!  It's hard for most people to visualize what a billion $$s would be like - i know it is for me -  but if a bilionaire wanted a 250GTO, spending $50 mil would be just 5% (as I'm sure everyone here knows) of this discretionary $1 Billion.    Which I assume would be earned back in a year or less if invested reasonable well. 

   Now picture a gates or Buffet with $20 Bil or more (it seems to go up as fast as it goes down) and that $50 mil becomes just .025% of our imaginary $20BB.   Which I would assume could be earned back in a month or 2. 

    Hard to imagine someone dropping $50 mil on a car when it's more than most of us will make in a lifetime or two (or ten).  :-)

At  least this is how I try to imagine what it might be like to spend $5, 10 or $50 mil on a great car.    A 250GTO must be one hell of a car!   If anyone wants me to represent them in a auction just say the word.  ;-)

     I remember when one of the car mags. of the early 60s had a much heralded test between a Pontiac GTO and a Ferrari GTO.     By some manipulation of the tests they had the Pontiac on top.   Recently, in the 90s sometimes, the editor at the time admitted the Pontiac wouldn't out accelerate the Ferrari unless it had been "pushed off a cliff,." and even then it would have been iffy. 

LarryT

On 7/1/2014 3:03 PM, Brian E. Buxton wrote:

The problem is "that much money" isn't that much money to the people with the discretionary income to buy those types of items.

Brian E. Buxton
Buxton Motorsports, Inc. | 301 North Royal Ave. | Buxton Plaza | Evansville, IN 47715-2866
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On 7/1/14 1:49 PM, Robert W. Garven Jr. wrote:

if I had the money.   yes yes yes yes yes

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 Jul 1, 2014, at 5:23 AM, Clyde Romero <clyderomerof4 [at] bellsouth.net> wrote:

Ok 

Even if you had Warren Buffet money

Ask your self this

Is the car really worth that type of money?

What else could you do with that much coin ?

Clyde 

Clyde Romero

In Victory you deserve Champagne

In Defeat You Need It!

On Jul 1, 2014, at 8:06 AM, Pat Scopelliti <pscopell [at] stny.rr.com> wrote:

Is this a straight bid or does it include the buyer's premium? 

-------- Original message --------

From: George

Date:07/01/2014 7:09 AM (GMT-05:00)

To: Pat Scopelliti

Cc: The FerrariList

Subject: Re: [Ferrari] Official 250 GTO POOL

But *when* was the 57M sale?  Regardless, I'm going to put my guess at 47M.

gp

> well since the last one went for 57M I am saying 65M
>
>
> Robert W. Garven Jr.

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