Ferrari Mailing List: Re: Dumbest add ever in FML

[scott saidel (scott_saidel]

Wait a minute - EVERYONE advertises asking prices.

Almost every dealer advertises asking prices in their website.

DuPont Registry, etc - are all ASKING price.

I am shopping for a SUV for the wife right now and quickly learned that Advertised prices are bullshit.  The put up a price including ALL possible discount programs - so unless you are a vet, firefighter, who just graduated college, with that brand car as a trade - the “internet” price that the quote is total bullshit.  That is why sites like CarGurus and TruCar exist - to educate people on actual SELLING prices.

So, a compendium of vehicle’s and asking prices is helpful - it shows you were dealers and individuals are - to start. It helps you see who is unrealistic - $300K ’78 glass 308s vs. who is serious - $32K ’81 308GTSi.  Not perfect, but something.  And EVERY negotiation has to start somewhere.  As a seller you start high, as a buyer low - deals are made in the middle.

Before the internet FML was a resource - just like DuPont and my dozen or more daily faxes listing who had what vehicles at what asking price.

Agree that SELLING price is a more valuable metric - but that information is generally closely held by both buyer and seller (try to figure out the REAL value of a GTO, when almost none are sold publicly and almost all transactions are behind closed doors.  Even the ‘players’ often do not know of a swap until a car appears at a show or event with its new owner.). I can probably think of a dozen reasons why I wouldn’t want the price I paid to be public knowledge.

As said, FML served a purpose and the articles were also helpful - I really liked when Carbon was there and some of then deep dives he went on.  It is NOT a guide to cLyDe prices, but is probably still a good resource to gauge the feel and direction of the market as well as a relatively easy method to find most of the available vehicles of a type (like 355s) that are currently on the market.

Just my .02 

Scottie

On Nov 12, 2020, at 8:34 AM, Clarence Romero Jr. <clyderomerof4 [at] gmail.com> wrote:

Yes they are in the business of taking adds 

But they should be represent the true market value of the vehicle 

Not some ASKING price if the publication is to be taken seriously 

They have gotten away with this fantasy too long 

The major issue is the dealers go along with it 

     RF4-4EVR

Scars are Tattoos with better stories !

If you have no enemies, you have no character !

Clyde Romero    

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On Nov 12, 2020, at 8:27 AM, Jeff Kennedy <jkennedy.design [at] gmail.com> wrote:



So, are you blaming FML for taking a paying advertisement?  FML is in the business of taking advertisements.

On Thu, Nov 12, 2020 at 7:17 AM Clarence Romero Jr. <clyderomerof4 [at] gmail.com> wrote:

Under services offered 

Would you like to buy your late model Ferrari Porsche or other exotic at wholesale prices?

As a dealer we have such  access. 

Call us phone XXX XXX XXXX

This is the actual add in the FML, you can’t make this up!

So let me get this straight 

Your dealer and your under cutting yourself now?

Stupid kills 

Just not fast enough!

     RF4-4EVR

Scars are Tattoos with better stories !

If you have no enemies, you have no character !

Clyde Romero    

Confidentiality Notice:  This e-mail ( including attachments ) is covered by the Electronic Communications Privacy Act, 18 U. S. C., Sections 2510-2521, and is intended only for the persons or entity to which it is addressed, and may contain confidential or privileged material.  Any unauthorized review, use, disclosure, dissemination, copying, forwarding or distribution is prohibited.

This email transmission, and any documents, files or previous email messages attached to it, may contain confidential information that is priviledged.  If you are not the intended recipient, or a person responsible for delivering it to the intended recipient, you are hereby notified that any disclosure, copying, distribution or use of the information containes in or attached to this message is STRICTLY PROHIBITED.  If you have received this transmission in error, please immediately notify us by reply e-mail at Clyderomerof4 [at] gmail.com or  by telephone at (678 6419932)and destroy the original transmission and its attachments without reading them or saving them to disk.

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