Ferrari Mailing List: Re: Yea right

[Brian E. Buxton (BrianBuxton]

If it's all deductible through the business it does ... there are people on YouTube writing off entire houses because they use them to make content. 

-- 
Brian E. Buxton 
(812) 760-5513 mobile  

Reditus Property Holdings LLC


Auto Acquisitions and Consulting  
www.BuxtonMotorsports.com



Brian Buxton Enterprises, Inc.
Nationwide Enclosed Auto Transportation


Founder & Past President
So. IN Region Porsche Club of America

On 8/9/21 5:26 PM, Clarence Romero Jr. wrote:

Granted the first guy made some money 

But not the second guy 

You have to crank in insurance and all I mentioned 

It does not add up 

     RF4-4EVR

Scars are Tattoos with better stories !

If you have no enemies, you have no character !

Clyde Romero    

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On Aug 9, 2021, at 5:57 PM, Brian E. Buxton <BrianBuxton [at] buxtonmotorsports.com> wrote:



From what TR's and all Enzo era Ferarris were selling for in the late 80's (Enzo died August 14, 1988 and this car sold new 03/1989 and resold 06/1990) I'd say the first owner made a lot of money owning it a few months.  From the name of the second owner (a business with "Ferrari" in the name) my guess is they used it in their marketing / advertising and wrote it off 100% over the years.  So not a bad deal.

The world isn't as simple as "shitbox" and "not shitbox:

-- 
Brian E. Buxton 
(812) 760-5513 mobile  

Reditus Property Holdings LLC


Auto Acquisitions and Consulting  
www.BuxtonMotorsports.com



Brian Buxton Enterprises, Inc.
Nationwide Enclosed Auto Transportation


Founder & Past President
So. IN Region Porsche Club of America

On 8/9/21 4:20 PM, Clarence Romero Jr. wrote:

https://bringatrailer.com/listing/1989-ferrari-testarossa-14/

So let me see if I got this right

Someone paid let’s say $150 in 1989 most likely way more back then 

Insured it for what 32 years let say for $1500/year=$48k

Maintenace from what I’ve read I figured at least $20k 

So that totals to $218k

And it has 3800 miles 

How much per mile is that?

These poor soles who think that there TR is going to bring them gold

All it’s bringing them is Lead! 

     RF4-4EVR

Scars are Tattoos with better stories !

If you have no enemies, you have no character !

Clyde Romero    

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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.

     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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