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Hi Larry,
My suggestion would be to list your Ferrari on
eBay with a set reserve price that you can live with.
Do a 10-day ($40 extra fee and schedule the
start date so the auction ends on a Sunday) INTERNATIONAL auction and require the payment to be
BANK WIRE TRANSFER only.
I've sold four sports cars on eBay,
including a Ferrari 512BBi and all of the auctions went extremely
well, even an international
sale to a buyer in Italy who bought my
Fiat 124 Turbo Spider. All of the other buyers were out of
state and none of them came to inspect the cars.
All of them arranged their own shipping and I
simply scheduled a time with the truckers to load the cars at my
home.
If I had used a broker (like Sheehan) to sell
my Boxer, his commission would have been $15K. eBay
charge is a flat $125 fee, if the car sells.
Good luck!
Gary
PS: Feel free to contact me privately, if you have
more questions about selling on eBay.
----- Original Message -----
Sent: Friday, May 01, 2015 9:53 AM
Subject: [Ferrari] How Best To Sell
512TR
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
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