Well is there only one way to enjoy a car (Clyde’s way?). Your way of enjoying something isn’t the only way, nor is it necessarily the correct way. That’s a personal choice of the person who owns the item.
He didn’t drive it more than a few times, but that doesn’t mean he didn’t enjoy it. It could have been taken to shows, concours events, used to market a business or just enjoyed in the garage. Maybe he enjoyed tripling his money on it. He kept it quite a while to just have bought it as a bauble. Ownership of something is enough for some people. All you can do with art is 1. look at it and 2. Make or lose money owning it. So is owning art stupid? I know people with expensive jewelry who won’t wear it because of the value. But they enjoy owning it. I know a couple of people with original AC Cobras who won’t drive them due to the value, but bought replicas of their cars that they drive all the time. So one is enjoyed without driving it and the other is used in the opposite manner. Are they right, wrong, stupid idiots? No because it’s their money and their choice. And they probably don’t have any interest in what anyone on the internet thinks.
As far as the car biz - I’m not in love with it or attached to it. It’s changed so much in the last 5 - 10 years I actually don’t enjoy it at all. Dealing with most people anymore is terrible. People on social media and the net in general are usually over-opinionated, obnoxious, can’t afford what they want to buy or are just general pains in the ass. Dealing with the govt regulations and expenses has made it barely worth the time or effort. The market the last two years has been fantastic if you’re selling something - but good luck finding something to sell. I haven’t been involved in it as my source of income for a few years. I actually wasn’t going to renew my dealer license this year but it’s my 25th anniversary so I figured I might as well go that distance.
I enjoy running businesses and I have always loved cars and car people. That how my business started. A hobby and passion that became a job. I was good at the job because of my existing knowledge and love for cars. I didn’t sit back and wonder what business I could start to “extrapolate the most money from someone,” although thats fine if that’s your opinion. I actually was accepted into a PhD psych program before I got into the car biz. If money were the driving factor I’d have gone that direction.
I don’t have the time to really explain how every facet of the business works, or why you got more money selling your 512 to a private buyer who knows you -vs- a dealer that has to recondition the car and market a 111,000 mile Ferrari to clients who don’t buy high mileage cars. No matter how nice they are. There are different markets for cars and some people can’t give away a Porsche 911 and others will have people fighting over the same car. If you had listed your 512 on the open market you would have had an idea of what the dealer would have had to deal with in order to sell it.
Is the point of running a business to sell an item for market value and pay your bills? Sure. Do you go to the grocery and argue about the cost of steak and bananas, or do you pay what they sell for because you want to enjoy steak and bananas? What you did selling your 512 was no different than what car dealers or anyone else does. If it wasn’t about money you’d have sold the car to the dealer and walked out with a check. Super easy transaction. But an easy transaction wasn’t the goal. Money was. You wanted what you thought was fair and what the market would bear. You wanted a stack of service records to mean more than 111,000 miles of use and wear and tear. So you held out for more. Are you any better than the people who do the same to make a living?
And PS you already told me what the car sold for. I actually guessed it correctly - based on 30 years of experience selling dreams covered in shit. Brian E. Buxton
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On Feb 6, 2022, at 6:30 PM, Clarence Romero Jr. <clyderomerof4 [at] gmail.com> wrote:
He didn’t enjoy the car Buxton It has no miles on it, ow he realizes what he has That’s the difference I drove my 512 TR for 23 plus years and he blast he didn’t Get over it He F%cked up thinking it would be a million plus car So he got outed You sell cars so your emotional tied to this industry Not me I see it for what it is You want people like me to go into your place and spend huge sums of money On rolling stock that when I want to sell it back to you You give me pennies on the dollar When I took my 512 TR to the local dealer with 111k on it An they knew how I maintained it and had service records on it and ask for an appraisal They offered me $40k And no I m not going to tell what I actually sold it for unless Brit tells not me Yea that’s you and your industry Your sell dreams covered in you know what I like you but stop thinking your not out to extract the most from the guy Coming thru the door and telling him the truth about the car market! That’s why carvanna and the rest of the online car sales people are doing so well And car dealers are a dying breed.
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. On Feb 6, 2022, at 12:40 PM, Buxton Motorsports, Inc. Gmail <buxtonmotorsports [at] gmail.com> wrote:
But here is the problem. You could say that about anything you have, with the benefit of hindsight. What if your stock pick wasn’t Apple, but Enron? Then there would be zero money left. If you didn’t buy your house, a 512TR, any of the the other cars you owned since 2005, didn’t buy clothes, didn’t go out to eat etc then how much money might you have had IF you invested in the stock you would have invested in, but in 2022 didn’t invest in? And what guarantee is there that he or you or whoever would have held it until 2022?
Where is the line between investing every dime you have an living like a pauper your entire life, and buying cars you got to enjoy, a house that housed your family and built memories, dinners with friends and family etc? At what point do you stop looking at numbers on a screen and take out profits to enjoy your life?
These comparisons are useless. Did you buy Apple in 2005 and hold it until today? If not how are you smarter than they guy who owned and enjoyed a Ford GT for 17 years and made money on top of it? Brian E. Buxton Buxton Motorsports, Inc. Auto Acquisitions & Consulting Evansville, IN
Mailing Address: 5411 State Route 261 Unit 903 Newburgh, IN 47629-0923
(812) 760-5513
www.BuxtonMotorsports.com www.BuxtonMotorsports.net
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On Feb 6, 2022, at 9:52 AM, Clarence Romero Jr. <clyderomerof4 [at] gmail.com> wrote:
Ok so this idiot paid $166k after taxes etc my guess $175k in 2005 That’s what 17 years ago! Add insurance and storage fees And the car is only bringing right now under $500k If this guy would have put that same amount in the market it would be well over $1 million Can’t fix stupid….
https://bringatrailer.com/listing/2005-ford-gt-52/ 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.
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. _________________________________________________________________To unsubscribe or modify your subscription options, please visit:https://lists.ferrarilist.com/mailman/options/ferrari/buxtonmotorsports%40gmail.comSponsored by BooyahMedia.comand F1 Headlineshttp://www.F1Headlines.com/
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