Ferrari Mailing List: Re: Selling the 512TR

[John Ashburne (jashburne]

While an insurer may have an incentive for you to over insure, including by way of an above market agreed value policy, they can't be too much above market or they will be seeing a lot of mysterious total car losses from thefts, fire, fallen trees, etc. 

I wouldn't be surprised if a lot of high end cars where the insured values were higher than the market value weren't left in the flood zones instead of moved to safety during Hurricane Sandy. 

I heard a few stories. 

John

There is a limit. 

Sent from my ATT Bell Rotary Dial Phone

On May 2, 2015, at 2:41 AM, Peter Rychel <dino308gt4 [at] hotmail.com> wrote:

You mean at the 512TR value of $162,000? If so, I would be shocked too! Please let me know who it was and they could gladly take mine at that price!

Keep in mind, Hagerty is an insurance company. These values that they post (however they're cooked up), is just a way to bump up your premium to the value you AGREE with them for your car. More money they charge, more money they make... On the other hand, I have my GT4 insured with them and pegged it at their average for the condition it's in (which I consider conservatively between level 3 and 4 - I'm not fooling anyone, it's not a perfect car - so according to their value page, between $34500 to $47000). I'm happy. Certainly WAY MORE than what I paid for it 14+ years ago!

Peter

P.S. Hans, you still have yours (#10280)?

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Date: Fri, 1 May 2015 18:51:13 -0700
From: FList [at] hanshansen.org
Subject: Re: [Ferrari] Selling the 512TR
CC: ferrari [at] ferrarilist.com
To: dino308gt4 [at] hotmail.com

Say what you want about the Haggerty values, but a DEALER offered me right at those numbers for my 308GT4.  I was shocked.

On May 1, 2015 4:59 PM, "Clyde Romero" <clyderomerof4 [at] bellsouth.net> wrote:

Hagerty is one step away from the Ferrari market news letter 

Clyde Romero

If you have no enemies

You have no character ! 

In Victory you deserve Champagne

In Defeat You Need It!

If you obey all the rules

You miss all the fun !

On May 1, 2015, at 5:28 PM, Erik Nielsen <judge4re [at] gmail.com> wrote:

https://www.hagerty.com/valuationtools/HVT/VehicleSearch/Report?vbe=17673

Sent from my iPad

On May 1, 2015, at 4:25 PM, Larry Bard <larrybard [at] hotmail.com> wrote:

Thank you!

1)  Quite honestly I have no idea what I should ask for it.  (Though I will settle for less than they're asking for this car, so maybe mine will appear to be a relative bargain, at least to anyone even less informed than I about current pricing: http://www.cargurus.com/Cars/inventorylisting/viewDetailsFilterViewInventoryListing.action?sourceContext=&newSearchFromOverviewPage=true&inventorySearchWidgetType=AUTO&entitySelectingHelper.selectedEntity=d1825&entitySelectingHelper.selectedEntity2=&zip=19119&distance=NATIONWIDE&searchChanged=true&modelChanged=true&filtersModified=true#listing=111037555  )
That's why one of my requests was for some help in pricing.

2) I can probably post some pictures -- despite being pretty technologically challenged -- but don't know how helpful they would be, inasmuch as all I have at my disposal now for pictures is my iPhone.  (I intend to ask a good friend, who doubtlessly capable of taking respectable pictures, to snap some at a later date; unfortunately he's not located all that near me.)  But if at this stage pictures really matter, let me know and I will try.

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Subject: Re: [Ferrari] Selling the 512TR
From: rgarven [at] gmail.com
Date: Fri, 1 May 2015 13:42:30 -0700
CC: ferrari [at] ferrarilist.com
To: larrybard [at] hotmail.com

What do you want for it? can you post some pics. I have a few friends looking for cars!

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 May 1, 2015, at 11:03 AM, Larry Bard <larrybard [at] hotmail.com> wrote:

From what little I've seen informally about current prices, it's conceivable that if he had waited 3 years -- and negotiated hard -- he might have been able to swap them even up.  Of course you don't say what he paid for the 599GTB then -- and waiting would have deprived him of the pleasure (but also further deprecation) of driving the 599GTB the last 3 years.

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From: rtpetrick [at] comcast.net
Date: Fri, 1 May 2015 12:52:24 -0500
Subject: [Ferrari] Selling the 512TR
CC: ferrari [at] ferrarilist.com
To: larrybard [at] hotmail.com

Larry,
I have a friend who wanted to sell his 1992 512TR Rosso/Tan with 25K about 3 years ago. I offered $75K cash and he laughed at me. 3 months later, he traded the car at Continental in Lake Forest for a plain Jane black 599GTB. He got $50K for the trade-in. Every time I see him,  I never let him forget it.

 

Regards,
Dick Petrick

 

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