Ferrari Mailing List: How Best To Sell 512TR

[Larry Bard (larrybard]

I’m considering selling my 1992 512TR (rosso corsa/tan, about 40k miles) and would like the benefit of the collective wisdom of this List as to the likely best means of doing so.  Obviously I would like to sell in a manner that tends to maximize net proceeds and minimize the hassle (non- or semi-serious prospective purchasers, some of whom may be primarily interested in a free test drive, etc.).

A private sale via posting on a website such as eBay or cars.com may tend to maximize proceeds – but also maximize time spent, notably including attempting to somehow identify truly bona fide prospective purchasers.  Using a broker – and I am well aware of at least one, on this List, with a great deal of knowledge and experience who is highly respected and conveniently located in my geographic area – would almost certainly minimize the hassle.  But also probably materially diminish the net proceeds to me (though I recognize a good broker with plenty of valuable contacts might in fact increase net proceeds to me by finding a buyer willing to pay more for the car -- or simply be able to find a buyer despite none coming forward as a result of the other means.)

I’d also appreciate any suggestions concerning determination of a fair price.  From what I have heard over the years – not just from Clyde -- it’s clear that FML offering prices tend to be greatly inflated compared to likely eventual sale prices, and dealers' posted "ask" prices bear little resemblance to their "bid" prices for cars they are willing to purchase from customers.  There also seems to be dearth of historical sales price data (although there is some indication that two sold within the last few months on eBay, for $149,000 and $154,000).

TIA,

Larry