Ferrari Mailing List: Re: Holly cow

[Alexander Ishii (alexishii]

As no one else has risen to their defense... :)

I will say that while I give no weight to actual prices listed in FML, their
Asking Price Index (and note that they are completely upfront that these are
asking prices) is a pretty fair indicator on the trends of prices.

I can't say anything about post-70s numbers (which is funny, since my only
F-car is the 308), but I always track FML when I start to muse about getting
an old V12, and the Asking Price Index seems to come pretty close to showing
when the true "trough" points happen.  And yes, I am talking about private
sales as well as auctions and dealers; when I have been "shopping", I have
truly been shopping, and thus making offers, and seeing what offers I lost
cars to...

Cathy (the lady who runs FML) is also a very gracious, and is happy to help
you research the history of individual cars.

In case the above does not make it clear, I think FML is a useful bunch of
folks, and I like them.

Any mind you, while "things are worth what people are willing to pay," in a
non-transparent market like vintage Ferrari's "what people are willing to
pay" can vary greatly depending on timing, circumstance, and available
information.

    Cheers,
    Alex
    Nero Mettalic QV