Ferrari Mailing List: Re: 512TR and 308 values in general...

[Doug & Terri (dnt]

Hear hear Clyde.  We bought our first Ferrari when we didn’t want to. 

 

While on a two week business trip I stirred the hornets’ nest of a Minn MB/BMW/Porsche/Yugo dealer about a their used Ferrari 308 ad.  I inspected the car with concours judging sheets.  Car had a sound engine, iffy body. 

 

Just in case, I told Terri about my gamboling (sic) and she asked two questions: Is it red and does the top come off?  Yes, yes.  Good, if they accept, I’ll send you the money.

 

So I made the dirt ball offer.  A VERY firm offer, a little more than half of their asking price hoping they’d say no.  I expected him to slam the phone down.  Instead he said, after a short pause - “Looks like you bought yourself a Ferrari.”  (MUCH less than a “Clyde price.”)

 

Dealership  arranged for a truck out to Kalifornia which even beat me home. 

 

Turns out to have been a ‘fair’ deal.  Not a ‘killer’ deal.  On 5/12/15 we will have had the car for 20 years.  It’s undergoing  a refurbishing with help from the gang (thanks –rick) and we’ve been happy with it.

 

DOUG

As Tibor said – “when you buy a used car you’re buying someone else’s problem.”

 

From: Ferrari [mailto:ferrari-bounces+dnt=dock.net [at] ferrarilist.com] On Behalf Of Clyde Romero
Sent: Saturday, May 2, 2015 9:39 AM
To: DOUG
Cc: The FerrariList
Subject: Re: [Ferrari] 512TR and 308 values in general...

 

Spot on

The total lack of transparency is the Ferrari foot hold on the used Ferrari market 

The FML thrives on it

With the asking price bullshit 

The dealers play off the dead

And Hagerty and Chubb guys feed off the carcass !

The only guys who know what the car is worth are those like myself who have sold one on the open market no where near those crazy prices you see in CAV and the FML

And have helped others get there car with realistic prices 

Or when you have a guy open his kimono and reveal that he got soaked 

Most just keep there mouth shut and act like its prison sex and they were the bitch! When they traded in the Ferrari 

I have been more right than wrong when it comes to pricing Ferrari's 

And it's not rocket science 

It's just knowing the market 

 

Clyde Romero