Re: Ferrari Digest, Vol 117, Issue 10
From: Craig Williamson (da-rollscomcast.net)
Date: Thu, 14 Apr 2016 21:38:39 -0700 (PDT)
Luv ya Captain (cLyDe) u never mince words but always say it like it is!

George, "It's in great condition and is exceptionally well maintained - in 22 years, the car's never had a failure. Thanks."

Hard to believe. In the 60s I owned new a 3.8 & 4.2 E-Type(63 & 65.) If the sky spit you never knew if they would even start. Back then, they were called "the instant poverty car"! That's what a salesman told me when I bought my 2nd one & he was right.

I was in my early 20s & naive......I knew best cause I wanted them........it was rare to see another one on the road; maybe one a year. I should have listened to him, it would have saved me a lot of grief & money!!!!!


----- Original Message ----- From: <ferrari-request [at] ferrarilist.com>
To: "Skip" <da-rolls [at] comcast.net>
Sent: Thursday, April 14, 2016 5:16 AM
Subject: Ferrari Digest, Vol 117, Issue 10


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Today's Topics:

  1. Re: 308 qv prices in latest Cavalino (John Ashburne)
  2. Re: 308 qv prices in latest Cavalino (Erik Nielsen)
  3. Re: 308 qv prices in latest Cavalino (George)
  4. Re: 308 qv prices in latest Cavalino (Peter Pless)
  5. Re: 308 qv prices in latest Cavalino (clyde romero)
  6. Re: 308 qv prices in latest Cavalino (Lee Lingo)
  7. Re: 308 qv prices in latest Cavalino (John Ashburne)


----------------------------------------------------------------------

Message: 1
Date: Wed, 13 Apr 2016 06:36:05 -0400
From: John Ashburne <jashburne [at] aol.com>
To: "fer308qv [at] aol.com" <fer308qv [at] aol.com>
Cc: "ferrari [at] ferrarilist.com" <ferrari [at] ferrarilist.com>
Subject: Re: [Ferrari] 308 qv prices in latest Cavalino
Message-ID: <3DDEF472-1173-41EA-A151-C1B16EB5940D [at] aol.com>
Content-Type: text/plain; charset=us-ascii

Another cryptic attempt at humor, I guess.

Prices have moved up and you should definitely investigate adjusting your agreed value insurance if you haven't done so in the past two years.

I don't know if that (huge) range of values in Cavallino is accurate or not, particularly at the high end, but I doubt that you could replace your car for anywhere near the same price as it was two years ago. My sense is that the low end is just that, low, and could be a good bit higher now.

Use the Clyde method and get a couple of quotes from dealers about what they would pay for your car and adjust for a lowball wholesale offer.

John

Sent from my ATT Bell Rotary Dial Phone

On Apr 13, 2016, at 5:39 AM, Matt Kellers via Ferrari <ferrari [at] ferrarilist.com> wrote:

Not quite sure what you mean by "lagging behind".

Sent from AOL Mobile Mail

On Tuesday, April 12, 2016, Erik Nielsen <judge4re [at] gmail.com> wrote:

Only if you like throwing money away.

The only thing lagging further behind Cavallino is North Korea's economy...

Sent from my iPad

On Apr 12, 2016, at 6:08 PM, Matt Kellers via Ferrari <ferrari [at] ferrarilist.com> wrote:


I was pleasantly surprised to see the sharp increase in 308QV values in the recent issue of Cavalino magazine. Wondering if a particular sale distorted the numbers. Range was $60k to $140k. Should I be adjusting my insurance value?


Sent from AOL Mobile Mail
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------------------------------

Message: 2
Date: Wed, 13 Apr 2016 06:40:00 -0500
From: Erik Nielsen <judge4re [at] gmail.com>
To: John Ashburne <jashburne [at] aol.com>
Cc: "ferrari [at] ferrarilist.com" <ferrari [at] ferrarilist.com>
Subject: Re: [Ferrari] 308 qv prices in latest Cavalino
Message-ID: <93AC0A72-8789-4A21-9438-1BAA31053D90 [at] gmail.com>
Content-Type: text/plain; charset=utf-8

There are currently 24 308s (GTB/GTS) for sale on Fleabay.

Looking at actual sales transactions, they ranged from $5900 for vin number with no motor/gear box to 74900 for a ?78 with 21k miles, with an average transaction price of ~ $51k. Market has been at this level for a while.


On Apr 13, 2016, at 5:36 AM, John Ashburne via Ferrari <ferrari [at] ferrarilist.com> wrote:about

Another cryptic attempt at humor, I guess.

Prices have moved up and you should definitely investigate adjusting your agreed value insurance if you haven't done so in the past two years.

I don't know if that (huge) range of values in Cavallino is accurate or not, particularly at the high end, but I doubt that you could replace your car for anywhere near the same price as it was two years ago. My sense is that the low end is just that, low, and could be a good bit higher now.

Use the Clyde method and get a couple of quotes from dealers about what they would pay for your car and adjust for a lowball wholesale offer.

John

Sent from my ATT Bell Rotary Dial Phone

On Apr 13, 2016, at 5:39 AM, Matt Kellers via Ferrari <ferrari [at] ferrarilist.com> wrote:

Not quite sure what you mean by "lagging behind".

Sent from AOL Mobile Mail

On Tuesday, April 12, 2016, Erik Nielsen <judge4re [at] gmail.com> wrote:

Only if you like throwing money away.

The only thing lagging further behind Cavallino is North Korea's economy...

Sent from my iPad

On Apr 12, 2016, at 6:08 PM, Matt Kellers via Ferrari <ferrari [at] ferrarilist.com> wrote:


I was pleasantly surprised to see the sharp increase in 308QV values in the recent issue of Cavalino magazine. Wondering if a particular sale distorted the numbers. Range was $60k to $140k. Should I be adjusting my insurance value?


Sent from AOL Mobile Mail
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------------------------------

Message: 3
Date: Wed, 13 Apr 2016 11:43:47 +0000
From: George <ygpz4re [at] hotmail.com>
To: "ferrari [at] ferrarilist.com" <ferrari [at] ferrarilist.com>
Subject: Re: [Ferrari] 308 qv prices in latest Cavalino
Message-ID:
<BLUPR18MB003472051D98F796E8593E22F8960 [at] 
BLUPR18MB0034.namprd18.prod.outlook.com>

Content-Type: text/plain; charset="iso-8859-1"

There's another aspect of "throwing money away"....

If you want to pay your insurance company to assume every nickel of risk, then by all means, adjust your coverage. Then wait for the jacked up bill.

But, if your car is a low mileage per year car, if you're a careful driver w/ a good driving record, and if you're careful to not put your car in harm's way, then you can consider assuming some of that risk yourself and saving (a lot!) on your insurance bill. To put it another way, you could spend a ton on full value coverage - *AND NEVER USE IT*. But if you're willing to accept a lower payout in the unlikely event that the car gets totalled, you can save a bundle.

Example: my Dad has a car which probably has a solid market value of $120-130K, but he insures it for about 50K (agreed value). He takes it on pleasure drives, to shows and club events, etc. The car rarely sees an interstate highway - or interstate travel, for that matter. His insurance bill is probably cut in half by doing this. And in the 22 years he's owned the car, he's never needed to make a claim.

It all depends on where one wishes to spend ones money.  ;-)

George P.

[p.s. - shameless plug - Dad's car is a '65 Jaguar E-Type FHC, and is for sale. If anyone is interested in such a car, please contact me off-list.

George>
________________________________________


Not quite sure what you mean by "lagging behind".

Sent from AOL Mobile Mail

On Tuesday, April 12, 2016, Erik Nielsen <judge4re [at] gmail.com> wrote:

Only if you like throwing money away.

The only thing lagging further behind Cavallino is North Korea's economy...

Sent from my iPad




------------------------------

Message: 4
Date: Thu, 14 Apr 2016 06:33:44 +1000
From: "Peter Pless" <ferrarilist [at] pless.com.au>
To: "'George'" <ygpz4re [at] hotmail.com>
Cc: "'The FerrariList'" <ferrari [at] ferrarilist.com>
Subject: Re: [Ferrari] 308 qv prices in latest Cavalino
Message-ID: <002c01d195c3$c6449600$52cdc200$@pless.com.au>
Content-Type: text/plain; charset="us-ascii"

I've heard that underinsuring a car is asking for trouble. The insurance
company does in fact see that as self insuring. In other words, if you
insure the car for 50% of the value and you damage your car, they will only
pay 50% of the repair. At least, that's the deal in Australia. YMMV of
course.

Any chance the situation is the same everywhere?

-----Original Message-----
From: George [mailto:ygpz4re [at] hotmail.com]
Sent: Wednesday, 13 April 2016 9:44 PM
To: Peter Pless
Cc: The FerrariList
Subject: Re: [Ferrari] 308 qv prices in latest Cavalino

There's another aspect of "throwing money away"....

If you want to pay your insurance company to assume every nickel of risk,
then by all means, adjust your coverage. Then wait for the jacked up bill.

But, if your car is a low mileage per year car, if you're a careful driver
w/ a good driving record, and if you're careful to not put your car in
harm's way, then you can consider assuming some of that risk yourself and
saving (a lot!) on your insurance bill.  To put it another way, you could
spend a ton on full value coverage - *AND NEVER USE IT*.  But if you're
willing to accept a lower payout in the unlikely event that the car gets
totalled, you can save a bundle.

Example:  my Dad has a car which probably has a solid market value of
$120-130K, but he insures it for about 50K (agreed value).  He takes it on
pleasure drives, to shows and club events, etc.  The car rarely sees an
interstate highway - or interstate travel, for that matter.  His insurance
bill is probably cut in half by doing this. And in the 22 years he's owned
the car, he's never needed to make a claim.

It all depends on where one wishes to spend ones money.  ;-)

George P.

[p.s. - shameless plug - Dad's car is a '65 Jaguar E-Type FHC, and is for
sale.  If anyone is interested in such a car, please contact me off-list.
It's in great condition and is exceptionally well maintained - in 22 years,
the car's never had a failure.  Thanks.]

________________________________________


Not quite sure what you mean by "lagging behind".

Sent from AOL Mobile Mail

On Tuesday, April 12, 2016, Erik Nielsen <judge4re [at] gmail.com> wrote:

Only if you like throwing money away.

The only thing lagging further behind Cavallino is North Korea's economy...

Sent from my iPad


_________________________________________________________________
To unsubscribe or modify your subscription options, please visit:
http://lists.ferrarilist.com/mailman/options/ferrari/ferrarilist%40pless.com
.au

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and F1 Headlines
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------------------------------

Message: 5
Date: Wed, 13 Apr 2016 16:36:57 -0400
From: "clyde romero" <clyderomerof4 [at] gmail.com>
To: "'Erik Nielsen'" <judge4re [at] gmail.com>
Cc: <ferrari [at] ferrarilist.com>
Subject: Re: [Ferrari] 308 qv prices in latest Cavalino
Message-ID: <011901d195c4$39c25220$ad46f660$@gmail.com>
Content-Type: text/plain; charset="UTF-8"

Listen Cav is like the baby shit yellow  rag FML
They hype the prices and the masses fall for it
A classic case study is the dreaded 355
Remember when that shit box spyder was going for $180k
Look at it now?
Cav and FML sleep in the same bed of horse shit when it comes to pricing
I could never figure out how come people who made enough money to buy a Ferrari were so stupid when it comes to pricing
It strictly
Supply and demand
That?s it
Pure and simple

The Porsche crowd is going stupid over
Now get this
AIR COOLED CARS
Yes Virginia you got it right

Shows you were that brain trust is
These are the same people who brought you the space shuttle challenger accident
There's no problem just launch it !!!!!
AIR COOLED
Why not just go back to a 3 on the column ?

It just amazing how someone would throw 6 figures at a car and be some dumb about it
The worst part is that these people BREED !

Got to go

Clyde








-----Original Message-----
From: Ferrari [mailto:ferrari-bounces+clyderomerof4=gmail.com [at] ferrarilist.com] On Behalf Of Erik Nielsen
Sent: Wednesday, April 13, 2016 7:40 AM
To: Clyde <Clyderomerof4 [at] gmail.com>
Cc: ferrari [at] ferrarilist.com
Subject: Re: [Ferrari] 308 qv prices in latest Cavalino

There are currently 24 308s (GTB/GTS) for sale on Fleabay.

Looking at actual sales transactions, they ranged from $5900 for vin number with no motor/gear box to 74900 for a ?78 with 21k miles, with an average transaction price of ~ $51k. Market has been at this level for a while.


On Apr 13, 2016, at 5:36 AM, John Ashburne via Ferrari <ferrari [at] ferrarilist.com> wrote:about

Another cryptic attempt at humor, I guess.

Prices have moved up and you should definitely investigate adjusting your agreed value insurance if you haven't done so in the past two years.

I don't know if that (huge) range of values in Cavallino is accurate or not, particularly at the high end, but I doubt that you could replace your car for anywhere near the same price as it was two years ago. My sense is that the low end is just that, low, and could be a good bit higher now.

Use the Clyde method and get a couple of quotes from dealers about what they would pay for your car and adjust for a lowball wholesale offer.

John

Sent from my ATT Bell Rotary Dial Phone

On Apr 13, 2016, at 5:39 AM, Matt Kellers via Ferrari <ferrari [at] ferrarilist.com> wrote:

Not quite sure what you mean by "lagging behind".

Sent from AOL Mobile Mail

On Tuesday, April 12, 2016, Erik Nielsen <judge4re [at] gmail.com> wrote:

Only if you like throwing money away.

The only thing lagging further behind Cavallino is North Korea's economy...

Sent from my iPad

On Apr 12, 2016, at 6:08 PM, Matt Kellers via Ferrari <ferrari [at] ferrarilist.com> wrote:


I was pleasantly surprised to see the sharp increase in 308QV values in the recent issue of Cavalino magazine. Wondering if a particular sale distorted the numbers. Range was $60k to $140k. Should I be adjusting my insurance value?


Sent from AOL Mobile Mail
_________________________________________________________________
To unsubscribe or modify your subscription options, please visit:
http://lists.ferrarilist.com/mailman/options/ferrari/judge4re%40gmail.com

Sponsored by BooyahMedia.com
and F1 Headlines
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To unsubscribe or modify your subscription options, please visit:
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and F1 Headlines
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------------------------------

Message: 6
Date: Wed, 13 Apr 2016 16:09:47 -0500
From: Lee Lingo <lee.s.lingo [at] gmail.com>
To: George <ygpz4re [at] hotmail.com>
Cc: The FerrariList <ferrari [at] ferrarilist.com>
Subject: Re: [Ferrari] 308 qv prices in latest Cavalino
Message-ID:
<CAE20WWtpQnNWtjHFy0EEOjQUzY4QkW70_ZTRwsgSeF62uV1qmg [at] mail.gmail.com>
Content-Type: text/plain; charset="utf-8"

George,

I'd be interested in it at that "agreed value" of $50,000. :-)

Lee Lingo

On Wed, Apr 13, 2016 at 6:43 AM, George <ygpz4re [at] hotmail.com> wrote:

There's another aspect of "throwing money away"....

If you want to pay your insurance company to assume every nickel of risk,
then by all means, adjust your coverage. Then wait for the jacked up bill.

But, if your car is a low mileage per year car, if you're a careful driver
w/ a good driving record, and if you're careful to not put your car in
harm's way, then you can consider assuming some of that risk yourself and
saving (a lot!) on your insurance bill.  To put it another way, you could
spend a ton on full value coverage - *AND NEVER USE IT*.  But if you're
willing to accept a lower payout in the unlikely event that the car gets
totalled, you can save a bundle.

Example:  my Dad has a car which probably has a solid market value of
$120-130K, but he insures it for about 50K (agreed value). He takes it on
pleasure drives, to shows and club events, etc.  The car rarely sees an
interstate highway - or interstate travel, for that matter. His insurance bill is probably cut in half by doing this. And in the 22 years he's owned
the car, he's never needed to make a claim.

It all depends on where one wishes to spend ones money.  ;-)

George P.

[p.s. - shameless plug - Dad's car is a '65 Jaguar E-Type FHC, and is for
sale.  If anyone is interested in such a car, please contact me off-list.
It's in great condition and is exceptionally well maintained - in 22 years,
the car's never had a failure.  Thanks.]

________________________________________


Not quite sure what you mean by "lagging behind".

Sent from AOL Mobile Mail

On Tuesday, April 12, 2016, Erik Nielsen <judge4re [at] gmail.com> wrote:

Only if you like throwing money away.

The only thing lagging further behind Cavallino is North Korea's economy...

Sent from my iPad


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To unsubscribe or modify your subscription options, please visit:

http://lists.ferrarilist.com/mailman/options/ferrari/lee.s.lingo%40gmail.com

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--

*Lee Lingo*

c: 270.619.4020

LinkedIn: www.linkedin.com/in/leelingo
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Message: 7
Date: Wed, 13 Apr 2016 18:42:38 -0400
From: John Ashburne <jashburne [at] aol.com>
To: George <ygpz4re [at] hotmail.com>
Cc: The FerrariList <ferrari [at] ferrarilist.com>
Subject: Re: [Ferrari] 308 qv prices in latest Cavalino
Message-ID: <4D91F04E-E22E-4D63-97BA-FED3AF763636 [at] aol.com>
Content-Type: text/plain; charset=us-ascii

Having an agreed value much lower than market is like having a very high deductible or, more accurately, being partially self insured. It's all a matter of the cost of the insurance, the risk of loss and whether the loss would be meaningful to you.

The question becomes one of, if you are willing and able to take the risk of loss of, say, 50% of the value of the car to save the additional insurance premium, why not save 100% of the premium and go fully self insured and just pay for the usual liability insurance?

Naturally the line is different for each individual. As an example, when I was racing vintage sports cars, there is no insurance for anything that happens on the track. Since that is the one place most likely to result in a loss, the feeling is that one should not go out on the track unless one is willing to bear the cost of balling it up into a total loss. Worrying about that is no way to enjoy yourself on the track.

John

Sent from my ATT Bell Rotary Dial Phone

On Apr 13, 2016, at 7:43 AM, George <ygpz4re [at] hotmail.com> wrote:

There's another aspect of "throwing money away"....

If you want to pay your insurance company to assume every nickel of risk, then by all means, adjust your coverage. Then wait for the jacked up bill.

But, if your car is a low mileage per year car, if you're a careful driver w/ a good driving record, and if you're careful to not put your car in harm's way, then you can consider assuming some of that risk yourself and saving (a lot!) on your insurance bill. To put it another way, you could spend a ton on full value coverage - *AND NEVER USE IT*. But if you're willing to accept a lower payout in the unlikely event that the car gets totalled, you can save a bundle.

Example: my Dad has a car which probably has a solid market value of $120-130K, but he insures it for about 50K (agreed value). He takes it on pleasure drives, to shows and club events, etc. The car rarely sees an interstate highway - or interstate travel, for that matter. His insurance bill is probably cut in half by doing this. And in the 22 years he's owned the car, he's never needed to make a claim.

It all depends on where one wishes to spend ones money.  ;-)

George P.

[p.s. - shameless plug - Dad's car is a '65 Jaguar E-Type FHC, and is for sale. If anyone is interested in such a car, please contact me off-list. It's in great condition and is exceptionally well maintained - in 22 years, the car's never had a failure. Thanks.]

________________________________________


Not quite sure what you mean by "lagging behind".

Sent from AOL Mobile Mail

On Tuesday, April 12, 2016, Erik Nielsen <judge4re [at] gmail.com> wrote:

Only if you like throwing money away.

The only thing lagging further behind Cavallino is North Korea's economy...

Sent from my iPad


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To unsubscribe or modify your subscription options, please visit:
http://lists.ferrarilist.com/mailman/options/ferrari/jashburne%40aol.com

Sponsored by BooyahMedia.com
and F1 Headlines
http://www.F1Headlines.com/


------------------------------

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