Ferrari Mailing List: Support of Gerald Roush/ Even if you hate FML pricing

[Robert Garven (rgarven]

Friends,

I agree here with Jeff, Gerald was a significant figure in the Ferrari community and was always kind to me.

Whether you agree with the prices he posted, when I was looking for a vintage V12, that was the first 

magazine I subscribed to, looking to find sellers. All the magazine trade in politics concerning prices, whether it

is asking, selling or value. I got in a small scuffle with the guys at Cavallino when they were saying the highest 

price of a GT4 was 25K, after 3 just sold for 150K+. To me it is not wether you agree with the numbers, but 

rather if they are accurate or not. That is what is really going on, but as we have seen even on BAT some 

cars sell for prices that are insane to others!

Gerald was based in the Atlanta area and curious if Clyde you ever got to met him? All the guys at FAF gave

me the utmost support in being a young guy that wanted a Ferrari someday and I think they are one of just

a few that were like this, including Peter’s friend in Montreal. I agree with 99.9% of anything Clyde says but

think he may be being a bit harsh. Like Jeff said every issue had an in depth look at different models, including the

GT4 and what to look for for prospective buyers. And love it or hate it is is part of the trinity of Ferrari mags…

Rob

On Nov 11, 2020, at 7:47 AM, Jeff Kennedy <jkennedy.design [at] gmail.com> wrote:

FML has a very important history.  Gerald Roush was a trained historian and approached tracking the early Ferraris seriously (as opposed to many others back then that told/repeated rampant falsehoods).  As part of that Gerald kept files on every Ferrari serial number he could.  That is why serial numbers are required whenever there is an ad in FML.  

FML was created when Gerald was still working at FAF in Atlanta at a time when there might be ads in R&T, Autoweek, Sunday NYT and Sunday LA Times.  FML provided a way to find a large portion of the assorted Ferraris for sale in a single place.  Gerald also reviewed the submissions to avoid a seller making spurious claims about provenance.  Plus, Gerald wrote a cover article on some aspect of Ferrari-ness.  These were in the days prior to Cavallino and Forza.

Some here take pleasure in deriding how FML uses asking prices for their valuation guides.  Stop and think about it.  To what degree would you be confident that either a buyer or seller is (a) going to divulge a transaction price and (b) if they do, will it be fully accurate.  For a very small operation like FML putting together a publication every 2 weeks, how much sense would it make for them to chase across the US and the rest of the world talking to pricing sources that might or might not have their own agendas.  Maybe it is more relevant to using the % +/- section of the guide to gauge seller sentiment.

FML does regularly give auction results if one wishes to see some actual transaction prices.

On Tue, Nov 10, 2020 at 9:05 PM Lashdeep Singh via Ferrari <ferrari [at] ferrarilist.com> wrote:

I also never understood or paid much attention to FML.

And charting asking prices was more than a little odd.

If it wasn’t for Clyde, I would never be reminded that it still existed!

On Nov 10, 2020, at 11:21, Douglas Anderson <dnt [at] dock.net> wrote:



Correct price?

Willing seller – willing buyer

 

 

From: Ferrari <ferrari-bounces+dnt=dock.net [at] ferrarilist.com> On Behalf Of Peter Rychel
Sent: Monday, November 9, 2020 8:37 PM
To: DOUG <dnt [at] dock.net>
Cc: The FerrariList <ferrari [at] ferrarilist.com>
Subject: Re: [Ferrari] Ok so the insanity continues....

 

It’s been years since I last read/subscribed to FML.

 

I knew they referenced a select number of typical sources to base their asking price lists, but has it been updated to include sites like BaT and eBay?

 

ASKING and SELLING are two completely different things. A person can ask all they want, it only takes one (or more) willing to buy it at that price, if they think it’s worth it.

 

At least with BaT, you can call up a particular model and see the range in prices. I shake my head when I see certain cars that fetch phenomenal amounts and others that I feel should get a lot, don’t.

 

Peter

 

Sent from Mail for Windows 10

 

 

From: Clarence Romero Jr.
Sent: November 9, 2020 4:40 AM
To: PeterGT4
Cc: The FerrariList
Subject: [Ferrari] Ok so the insanity continues....

 

I went to the Italian Car show in Atlanta this Saturday 

And there were free copies of the Yellow Sh$t rag Ferrari Market Newsletter 

I opened one up and read it

488 PISTA SPYDER going for are you ready $695k

And get this

There’s is fiberglass 308 you can get for only $315k 

The 550 crowd has finally gotten realistic with there ASKING PRICE and 

Clyde PRICING has hit the 575 market so now is the time guys 

On another note the FML is truly dead!

bring a trailer has reset the pricing on Ferrari’s with realistic numbers not 

ASKING PRICES that don’t reflect the market whatsoever 

The same goes for CAV 

If you believe those numbers 

You also believe the Jets can win the Super Bowl !

There’s some guy in Nebraska that’s owns a superamerica and he wants $485k 

He has a spare top with the car too!

What’s that tell you?

I feel for the 355 crowd, especially the ones who paid 6 figures for the spyders 

Those cars are like BMW 7 series in pricing !

 

Oh yea one more thing

There was a ROMA at the show, it was being held at Ferrari of Atlanta and they were giving demo rides in the car.

The front spoiler on that car is very low, almost as low as the one on my 512 TR

But my spoiler can be removed and fixed 

Not this one, and get this the sensor for the distance measurement while driving is exposed on the right front, it’s the size of a small box about the size of your cell phone.

Nothing covering it! It’s out there to be hit by anything in the road, unbelievable 

Denise has a 450SL with that same magic system and MB puts it behind very hard fiberglass and you can’t even see it from the outside.

WTF was Ferrari thinking.

It has to be an after thought, like holly shit, MB has this system let’s put in our latest car,

F@ck where do we mount the sensor?

Just put it there Luigi, no one will say a thing, were Ferrari, remember !

Brian I know your read the post.

Pull up the the replacement cost on the front spoiler and electrical box when you get a chance and post it 

See if you can post a picture of the front of the car as well 

 

Overall it was a good show, the weather cooperated 

 

 

 

 

 

     RF4-4EVR

 

Scars are Tattoos with better stories !

 

If you have no enemies, you have no character !

 

Clyde Romero    

 

 

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