Unfortunately Most buyers want a low mileage car And in Ferrari world they want less than zero miles on it! A high mileage car doesn’t count even though it’s been maintained, with records etc And what’s with the window sticker thing? I mean really My Ferrari 512 TR with 107k on it is a fine example. Everything has been done on that car, suspension, steering rack, shocks, real radiators and relay kits on the fans, etc. But hey I bought it to drive it not wax it ! And to be honest I would sell the car to anyone who wouldn’t drive it. In my opinion they don’t deserve my car at any price, you have to have standards!
The younger crowd can’t drive a stick, so why are they asking crazy prices for them? It doesn’t make sense, but hey it is what it is. It’s just hype on 4 wheels. The NSX market proved that, again no less, along with the GTR. Those things are backed up like a sink!
Gotta go Buy it to drive it! That’s what I say
As for the Porsche 356 crowd, When a Honda Accord sport can blow your doors off Who got the better deal?
RF4-4EVR
Scars are Tattoos with better stories !
If you have no enemies, you have no character !
Clyde Romero
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Was looking over some recent sale reports and
thought of this thread ... at the Gooding auction earlier this
year at Pebble Beach five of the 200 Ferrari 250GT Series II
cabriolets were preset and four of them traded hands to new
owners. All between $1.325m and $1.792m, including buyers
fees. The 5th didn't sell with a bid of $1,550m, which it
should have. With 2.5% of the production present in one day and
all bringing very similar bids, I'd say these numbers are
representative of the market, even though they sold at a retail
auction.
Daytona coupes have been selling in the $700,000
+/- $100k range for a few years. Every LaFerrari that comes to
market sells for $3m to $3.5m. All trackable sales results.
--
Brian E. Buxton
Auto Acquisitions and Consulting | 5411 S.R. 261, Unit 903 | Newburgh, IN 47629
(812) 760-5513 mobile | (812) 476-2284 fax
www.BuxtonMotorsports.com
www.BuxtonMotorsports.net
Brian Buxton Enterprises, Inc.
Nationwide Enclosed Auto Transportation
Select Chauffeured Transportation, LLC
www.SelectEVV.com
Founder & Past President
So. IN Region Porsche Club of America
On 12/8/18 12:06 PM, Brian E. Buxton
wrote:
But what if it's not one car? You are assuming
that only one Ferrari sells per week or month at auction.
Have you followed the sale results of the sales at the factory
in Maranello? Or at Mecum? or Barrett? Multiple Enzos (as
an example) have been selling monthly. 308/328 sales are well
documented and fairly level per condition - exceptional low
mileage cars bringing over $100k. That's enough to get a good
read. You asked about why there isn't a database of sales,
well there is. Subscribe to Sports Car Market and scroll
through their database of sales. There are hundreds of
examples, depending on the model.
The Porsche market is an entirely different
subject, but the slant nose cars were factory cars. There
were some fiberglass aftermarket kits and they don't hold
value as well. But real steel cars are still highly valuable
and sought after in the market. Not sure how TTO affects
value - if all cars that drove poorly were deemed non-valuable
and non-collectible most cars from the 1960's back to the
1800's would have been crushed. It's also very simple to fix
TTO by increasing airflow and output (exhaust). The early
turbos were choked by early emissions equip. Take that off
and they are very smooth with no turbo lag. It's easy to
claim I don't know the market, but you are just discounting
what I post, you aren't giving any actual data or examples to
disprove the market. Insulting buyers and saying cars drive
poorly when stock isn't empirical info. But with a shoe sized
IQ it's hard fro me to understand things sometimes. lol
--
Brian E. Buxton
Auto Acquisitions and Consulting | 5411 S.R. 261, Unit 903 | Newburgh, IN 47629
(812) 760-5513 mobile | (812) 476-2284 fax
www.BuxtonMotorsports.com
www.BuxtonMotorsports.net
Brian Buxton Enterprises, Inc.
Nationwide Enclosed Auto Transportation
Select Chauffeured Transportation, LLC
www.SelectEVV.com
Founder & Past President
So. IN Region Porsche Club of America
On 12/8/18 7:39 AM, Clarence Romero
Jr. wrote:
You don’t know the Ferrari market Brian
And as I said earlier
One auction on a car doesn’t make the market
It might for you so you can hype it up to some poor
uninformed buyer with deep pockets and shoe size IQ
But hey that’s what you live for
Just look at the P car market
Guys paying top bucks for an air cooled POS that has a
major handling problem called trailing throttle oversteer
But you can’t fix stupid Brian
I remember the hype of the Guard Red Slope nose P car being
all that
Guys modifying there cars
Please
The P car crowd is the worst only followed by the MCB crowd
!
RF4-4EVR
Scars are Tattoos
with better stories !
If you have no
enemies, you have no character !
Clyde Romero
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So let me get thus straight ... you're
telling me that FML is BS and totally out of touch
with the market, but that I don't know the market
because I don't read FML? It's seems that I'm better
off not reading worthless info and paying attention to
actual sales and transactions ...
--
Brian E. Buxton
Auto Acquisitions and Consulting | 5411 S.R. 261, Unit 903 | Newburgh, IN 47629
(812) 760-5513 mobile | (812) 476-2284 fax
www.BuxtonMotorsports.com
www.BuxtonMotorsports.net
Brian Buxton Enterprises, Inc.
Nationwide Enclosed Auto Transportation
Select Chauffeured Transportation, LLC
www.SelectEVV.com
Founder & Past President
So. IN Region Porsche Club of America
On 12/6/18 8:59 PM, Clarence
Romero Jr. wrote:
Sorry Brian
The limited auction market isn’t the market
Maybe for you
But not the average Joe
The Ferrari market has always been about hype
And the fact you never opened a FML tells me you
know very little about the Ferrari market!
Because that’s where the hype is big time!
But that’s ok
Because you really are a P car guy
And everyone has there thing as they say
Too many guys think the FML is the gospel until
they find out it’s just a
Seventh Day Adventist knocking at there door!
Gotta go
Take care and I have helped too many on this list
both sell and by there dream car at realistic prices
Not the ones you see in the paper!
Leads tally one bandit right 2 o clock high,
burners now !
RF4-4EVR
Scars are
Tattoos with better stories !
If you have
no enemies, you have no character !
Clyde Romero
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I've never opened a FML ... but
you're talking two different markets - the
wholesale market and the retail market. The
auction prices do represent the retail
market. The best of the best. The cars you
or I may sell that were owned personally
(private parry retail) will fall below that.
The dealers offer wholesale, put in money for
reconditioning and service, then sell
somewhere between private party retail and
auction retail. The auction prices may be
idiots with money, but it's the market. Which
is the trading of cars for money. Do you
think a McLaren F1 will sell under $15M in any
transaction (other than wholesale or a car
with bad history) now that one hit that mark
last summer? That set the market. What about
the black Ferrari GTO that sold for $22M more
in a private party transaction (to David
MacNeil) than the most recent GTO at auction (https://www.cnbc.com/2018/08/27/most-expensive-car-ever-sold-at-auction-fetches-48-million.html)?
--
Brian E. Buxton
Auto Acquisitions and Consulting | 5411 S.R. 261, Unit 903 | Newburgh, IN 47629
(812) 760-5513 mobile | (812) 476-2284 fax
www.BuxtonMotorsports.com
www.BuxtonMotorsports.net
Brian Buxton Enterprises, Inc.
Nationwide Enclosed Auto Transportation
Select Chauffeured Transportation, LLC
www.SelectEVV.com
Founder & Past President
So. IN Region Porsche Club of America
On 12/6/18 6:14 PM,
Clarence Romero Jr. wrote:
Brian
Brian
Brian
Most recently and I know he monitors this
list I helped a lister sell his beautiful 308
with Daytona seats and improved a/c system at
a price no where near the asking prices in the
FML
In fact it was at least 30k away from those
dream boat prices you read in the yellow shit
rag!
The market is dropping son
The 550 crowd is starting to feel the pain
Like I’ve always said if you want to know
what your car is worth
Take it to a dealer
Because that’s the real price
The auction prices are idiots with money
They are suicide blondes, dyed by their own
hand!
But that’s not the market
There is still some fools thinking he can
get 280K for a 575 6spd
Along with the dolts thinking superamericas
are all that!
Keep in mind the 355 spyder crowd thought
the same thing
Remember that bubble?
Lest not forget the 360 spyder crowd as
well
Idiots with money will never learn
But hey
It is what it is
Happy holidays
RF4-4EVR
Scars
are Tattoos with better stories !
If
you have no enemies, you have no
character !
Clyde Romero
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308 / 328 market is
higher than it was when they were new!
--
Brian E. Buxton
Auto Acquisitions and Consulting | 5411 S.R. 261, Unit 903 | Newburgh, IN 47629
(812) 760-5513 mobile | (812) 476-2284 fax
www.BuxtonMotorsports.com
www.BuxtonMotorsports.net
Brian Buxton Enterprises, Inc.
Nationwide Enclosed Auto Transportation
Select Chauffeured Transportation, LLC
www.SelectEVV.com
Founder & Past President
So. IN Region Porsche Club of America
On 12/6/18
4:47 PM, Clarence Romero Jr. wrote:
I hope you’re right
I just don’t see many people buying
older Ferrari cars
In my opinion the 308/328/348 is
dead
The 355 market is surely dead and
the a/c works on those cars!
RF4-4EVR
Scars are Tattoos
with better stories !
If you have no
enemies, you have no character !
Clyde Romero
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I'll
agree with Peter here...
In 5 years the dealerships
will be so busy doing
warranty work they won't
have time to fix the stuff
already sold. The "good"
independents will flourish.
The
independents
will survive
keeping the
older models
going.
Peter
Sent from
Mail for
Windows 10
15
years
This
is going to
kill the
independent
Ferrari shops
<image1.png>
RF4-4EVR
Scars
are Tattoos
with better
stories !
If
you have no
enemies, you
have no
character !
Clyde
Romero
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