Since we’re talking transparency, if you really understood the actual internal technical specification requirements, the design tolerances, mean time to failures, and technical maturity level, no rational person would ever buy a new one let alone covet a study in deferred maintenance on an old one.
Ferrari wasn’t kidding when he said the best one is the next one. It’s always been that way. They still haven’t built it... On Nov 12, 2020, at 7:48 AM, scott saidel <Scott_Saidel [at] hotmail.com> wrote:
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
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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So, are you blaming FML for taking a paying advertisement? FML is in the business of taking advertisements.
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
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