Ferrari Mailing List: Re: OT

(continued)

I'd love to find a old dealership  - w/ some equip in place - lifts & 

compressors mostly.  rent some space to long term enthusiast storage, 

rent a lift or 2 if insurance permits and have  good place to play w/my 

cars,  & maybe buy/sell cars or do consignment sales and detailing..

we've had a number of dealers close down in the last 5 years that would 

be great, but my funding wouldn't work.   of course a good business plan 

is easy, the money is always hard ........

LarryT

On 10/16/2014 2:18 PM, Charles Perry wrote:

Thanks! Hard to think that you could fit enough cars in 10k sq ft to cover a 
full time employee, though. Was assuming most access would be by owners and 
keycard, etc...? Enthusiasts are usually good about cars, but sometimes they 
might bring friends and family, which has to be watched. Your staffed version 
fixes that, but increases complexity and decreases profitability...

-----Original Message-----
From: bglarson [at] transystems.com [mailto:bglarson [at] transystems.com]
Sent: Thursday, October 16, 2014 1:59 PM
To: Charles Perry
Cc: ferrari [at] ferrarilist.com
Subject: RE: [Ferrari] OT - Collection Storage

Charles,
You have solved it---get 10k sq. ft. of space.  It does simply come down to 
having adequate and appropriate space. Here is what I have learned from the 
Midwest.
*  car storage rental is $75-$225/mo/slot (the bigger the city the more $$)  
$150/mo is typical for no frills, retail space with electrical service
*  fellow enthusiasts who have space like yourself are preferred as they 
understand the care needed and the consequences of miscues (hint: the providers 
I use both move the cars inside the structure, not the owner)  Nonetheless, 
they do have liability insurance.
* security control is provided (building design via one expensive door in/out, 
systems, personal attendant when open)  So, with the enthusiasts I deal with, 
you have limited access but personal attention.
* I am not sure how to quantify it, but it stands to reason that shared lift 
access would be a plus to many renters.  As the provider, you would then have 
more exposure to renter activities than what I have been in involved with.
I wonder what the per sq. ft. capital cost is for a no frills warehouse with 
features appropriate for this purpose?  New construction + land vs. retrofit of 
existing.
I've also seen big basements and priced that idea out on my house----that 
number scared the heck out of me and made me think maybe warehouse that you 
turn someday.
Brian

-----Original Message-----
From: Charles Perry [mailto:charles [at] carolina-sound.com]
Sent: Thursday, October 16, 2014 11:50 AM
To: HQ-Brian Larson
Cc: ferrari [at] ferrarilist.com
Subject: RE: [Ferrari] OT - Collection Storage

Brian -

I can't relate to not knowing where I parked my cars, but I am interested in 
your warehousing. I'm fortunate that my company has a spare 10,000 sq ft 
warehouse where I keep my cars. I'm interested in renting out the remaining 
space to enthusiasts. Would you mind sharing what your friends charge for that 
storage? Also, what security/surveillance to they have to protect the cars with 
multiple people coming and going? I'm less worried about overall theft than 
someone perhaps dinging/scratching another owners car and how they handle that.

I'm adding some high grade lighting and a lift for my own use. Do you have a 
guess as to how much value that would add to a potential renter if they were 
allowed to use it?

Everyone else feel free to chime in. All thoughts appreciated...

-- charles

-----Original Message-----
From: Ferrari [mailto:ferrari-bounces+charles=carolina-sound.com [at] 
ferrarilist.com] On Behalf Of bglarson [at] transystems.com
Sent: Thursday, October 16, 2014 10:41 AM
To: Charles Perry
Cc: ferrari [at] ferrarilist.com
Subject: Re: [Ferrari] OT - Update on Rick's purchas

Gents:
I'm largely an interested lurker on the list, but this topic hits home with me. 
 I am on the cusp of retirement and have managed to indulge in my appetite for 
cars over the past seven or eight years to add to my 69 Z/28RS which I have 
enjoyed for 32 years.  Now the list totals 11 cars including 2 drivers (me and 
the mrs), one track car and the rest being taken out regularly but always only 
for fun. The marques are Chevy(1), Ford(1), Ferrari(1), Pontiac(1), Porsche(1), 
BMW(6), 50/50 mix of 1960-70s cars and 2000 era cars.
My garaging is a fright, something I manage between lifts Ive installed, 
friend's garages, and rental storage from fellow enthusiasts who have bought a 
warehouse.  I would be interested and appreciative of hearing what others have 
done when they find themselves in the spot of waking up and deciding they want 
to drive one of their beloved cars but forgot which parking spot they left it 
in.  I realize the potential for humor here, and that's ok too, but I am 
sensing the need to forge a direction that doesn't involve a shotgun.  Thanks 
Brian

-----Original Message-----
From: Ferrari [mailto:ferrari-bounces+bglarson=transystems.com [at] 
ferrarilist.com] On Behalf Of Matt Boyd
Sent: Thursday, October 16, 2014 8:42 AM
To: HQ-Brian Larson
Cc: The FerrariList
Subject: Re: [Ferrari] OT - Update on Rick's purchas

Rick,

I'll continue in the slightly OT vein and just say I'm a little jealous. I'm 
missing two ingredients that you have right now, and that is time and money. 
I'm aiming hard though to emulate your hobby in another 15 years when I retire, 
as my current cashflow goes towards retirement savings, college savings, 
everyday life, and a monthly Tesla payment. All that said, everything is set up 
so that when I turn about 59, everything will be paid off, I'll be retired, and 
the kids will be out of the house. The retirement fund will enable me to 
fulfill the hobby just like you are.

We are very alike in our makeup regarding the toy hobby, even if not exactly 
the same tastes. I have no allegiances. I've had two Ferraris (one you know 
well), a Jag (XJR), two Rolls-Royces (88 Spur and now a
39 Phantom-III with a sweet V12), a Bentley Turbo R (from former lister Dave Quick), 
still have my 57 Chevy I bought 28 years ago when I was 16, the Model S P85 as our daily 
driver, used to have a 78 MB 450SEL as a backup daily driver up until last year, and then 
the more mundane 91 Volvo 940 Turbo I'm still keeping for my son who turns 16 in a few 
months, the 04 minivan, and George Parker's 04 Jetta TDI wagon. All have their place. I 
still have on my list a desire for a free-flow exhaust American muscle car, a little 
British sportscar (not anytime soon so I have plenty time to thnk about what that'll be), 
and I could go on...and on...but it'll be several years before I can start "being 
like Rick."

Keep us posted.

-Matt
85 euro 308
39 rr p-iii
57 bel air
13 model s p85
91 volvo 940 turbo
04 jetta tdi wagon
04 sienna xle limited awd (SWEEET!)
99 bounder 36s

On Thu, Oct 16, 2014 at 8:50 AM, Rick Lindsay <richardolindsay [at] gmail.com> 
wrote:

Morning Friends,

I now own 10 cars, 8 of which are of particular interest. They are
varied marques and styles of cars - a point many marque-specific guys
can't seem to understand. Point is, I'm not a Ferrari guy, or a
Triumph guy, or... I'm a machine guy, and old cars top the list of my interests.

A friend on the Triumph TR3 list wrote,

Rick, don't worry about "the wedge"
in the garage...they get along very
well with TR's...

Harmony in the garage is very important. Side by side, my two TRs make
for quite a contrast. That's a Triumph TR3 next to a Testarossa. :-P
And contrasts keep life interesting.

John went on to write,

My TR7 "wedge" is very happy next
to the TR2, and they are so different, that it makes for  great
conversasions.

Personally, I really like the TR7 and TR8. In fact, when I went
searching for the next late, great project, I started out looking for
a Triumph 'wedge', of either 7 or 8 fame. Failing in that search, or
perhaps because I became distracted, my quest turned toward a Lotus
Europa. Having previously owned an S2 Europa with Renault power, I
searched specifically for a Lotus-Ford TwinCam powered car. I found
either total basket cases with damaged fiberglass and broken
drivetrains, or overpriced running examples ranging from 'drivers' to
show cars. CG's response to my frustration was, "How about an early Esprit?" 
That car was not even on my radar.

My quest changed but my budget didn't. I found a quite rare '79 Esprit
'John Player Special' in dreadful but complete and undamaged
condition. Hadn't turned over in decades, but the price was a little
steep, considering that it needed everything - plus a year or two of
work. This isn't my first rodeo so I know what a restoration costs,
even to 'just usable' status. And that cost can double with a limited
production exotic! I passed on the JPS but by then, I was firmly on the search 
for an Esprit.

At the outset of the search, I joined the early Esprit e-mail list.
That's where I found the JPS car, which has since been purchased buy a
guy with the means to restore it correctly. I have no clue as to what
it will be worth when he is done, but that's not the point. Of greater
importance is that a rare car (about 100 made) will be saved from parts-car 
status, or worse.

Shortly after declining the JPS car, a long-time Lotus owner and
expert restorer offered to me his restored '78 Esprit. That car too is
acceptably rare, with only 474 cars (hand) made in 1978. The
restoration is about a decade old but the work was done expertly and
has been treated with TLC ever since. What the car needed, and still
needs today, is a thorough exterior cleaning, polishing and waxing,
plus tires and the routine maintenance brought up to date. It appears
that the PO's interest in the car declined and it was left unused in
dry storage for over a year. About 6 months ago it was driven but
performed poorly thanks to quite old fuel and probably a bit of gum
buildup in the carburetors. At not quite twice the price of the JPS, this 
normally aspirated '78 Esprit S2 is the car that I bought.

So in my immediate future are numerous maintenance steps. None the
least of these are draining (pumping) any remaining old fuel, flushing
the fuel lines, and probably rebuilding a pair of Dellorto
carburetors. (The Dellorto side draught carburettors are quite similar
to and interchangable with, Weber 45DCOEs, and are of similar quality
devices.) They are easily rebuildable and ultimately tunable.  Of
course, also in the queue are replacing all fluids, new hoses and
ancillary belts. An A/C recharge, if not rebuild, is almost a
certainty. Fortunately, Houston's weather has cooled a bit so that can wait.

Granted, this note and the whole theme is 'off topic' but that never
stopped us before. I'll share a few pictures and stories, and
hopefully no horror stories, all in limited quantity, once the car arrives.

We now rejoin your regularly scheduled program, already in progess.

-rick

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Re: OT - Collection Storage	<– Date –> <– Thread –>
From: LarryT (L02turnercomcast.net)
Date: Sat, 18 Oct 2014 04:14:38 -0700 (PDT)