| Author | Message | ||
| E. Ryan Sabga (Sherpa23)
New member Username: Sherpa23 Post Number: 2 Registered: 5-2003 |
I have a salvage auction license for some auctions. The one at which I usually bid is Klode's in Colorado - www.klode.com. I have not seen an F-car recently but some extremely nice Porsches, Vipers, Vettes, etc. I know that the F's show up from time to time. If you see one here, I will be more than happy to bid on it for you, provided that I will be there anyway. I am not going to be there, I could still work something out so that your bid will be counted. Anyways, the offer is always here. Just email me at pointsracerATaolDOTcom. | ||
| Scott85 (Scott85)
Junior Member Username: Scott85 Post Number: 79 Registered: 12-2000 |
Heres some places that usually have salvaged Ferraris... http://www.copartfinder.com/cgi-bin/testdrive/select.dtw/disp Click "test drive" , then Ferrari, then "all models" & it doesn't matter what part you pick from the menu. They show a 97 456 & a 89 TR . You do need to pay a small fee though to get the contact info. http://www.ferraripartsexchange.com/damagedcars.htm .They have a Mondial, TR, 348 , 550 & 456. http://www.20thstreetauto.com/ They have an F355 http://www.teamquality.net/3532169599/inventory?sort=make They have a 512TR listed http://www.specializeditalianrecycling.com/ferrari-parts.html They have a bunch of damaged Ferraris listed http://www.vintageferrariparts.com/index.cfm?fuseaction=dsp&page=car_list 308 GT4 listed http://www.trutlands.com/links.htm http://www.ecocar.com/ http://casmiami.com/ http://www.elitemotorcars.com/inventory/featured/2/rebuildables/salvageable http://www.erzcar.com/ http://www.oklahomaforeign.com/ | ||
| SRA (Sranderson)
Junior Member Username: Sranderson Post Number: 67 Registered: 11-2002 |
Before I bought my 348 last year, I monitored a few salvage sites, and there have been several F-cars sold. Some were wrecked, some were swimmers, and there were some that were theft recovery. Not all had salvage titles. Last year I had someone bid on a 355 fresh water swimmer. The water only went as high as the bottom of the seat, and it ran. I was not high bid, but if memory serves, it did sell for around 55k. I do subscribe to the theory that there is no such thing as a cheap F-car, however in some instances there are values to be had with a minimal amount of risk. I got the name of a local salvage yard that was a regular at the auction, offered to pay a flat fee for a successful bid. In the event I was high bidder, I was prepared to leave the following day with 2 bank checks; one for the auction house and one for my broker. Obviously, I was NOT the high bidder, but that was the plan. | ||
| Terry Springer (Tspringer)
Member Username: Tspringer Post Number: 553 Registered: 4-2002 |
A salvage title wrecked Ferrari project car sounds like tons of fun for a dedicated track car! | ||
| Horsefly (Arlie)
Intermediate Member Username: Arlie Post Number: 1193 Registered: 5-2002 |
What it takes is a dealer's license. Most auto auctions require you to have a dealer's license to bid. Some places won't even allow you into the salvage pool yard without a dealer's license. But if you think that having a dealer's license will get you through the Pearly Gates of Ferrari salvage yard heaven, guess again. I have a friend who goes to alot of those salvage auctions, and he's only run across one or two trashed Ferraris. And from the comments on this board, nobody on this board thinks that salvage projects are worth fooling with. In the long run, you will put more time, effort, and money into restoring a wrecked Ferrari than you could buy a clean example of the same type Ferrari. And the salvage car would always have the "salvage title" stigma attached to it. On the flip side of the issue, I still think that SOME of those mildly damaged Ferraris would make a good project for the average guy. But mildly damaged cars seldom get "totaled out" and aren't up for sale at auctions anyway. | ||
| V.Z. (Ama328)
Junior Member Username: Ama328 Post Number: 123 Registered: 11-2002 |
And, just HOW might one pick up a 'salvage' license, and just what are these ? | ||
| Reiner Kaiser (Reinerkaiser)
Junior Member Username: Reinerkaiser Post Number: 87 Registered: 2-2001 |
thanks SRA, this is exactly the info I was looking for!!! | ||
| SRA (Sranderson)
Junior Member Username: Sranderson Post Number: 65 Registered: 11-2002 |
Reiner, Try this site. You have to have a salvage license to bid, however you can hire someone to bid on your behalf. At the moment I don't see any,but it changes daily. http://home.iaai.com/ | ||
| William H (Countachxx)
Advanced Member Username: Countachxx Post Number: 2557 Registered: 2-2001 |
Reiner, I bought a salvaged 512TR 2 years ago & am almost done restoring it as a track monster. The car was hit in front & a slight hit in back. There are pics of my car in the Feb archives here. I will post more pics as I hope to have her on the track by late June. SHe will be a real rocket  Should run AT least as fast as a nice roadgoing F40 cus she will weigh well under 3000# & have around 450hp, maybe a little more. Send me an e-mail & I'll give you some pointers [email protected] | ||
| Reiner Kaiser (Reinerkaiser)
Junior Member Username: Reinerkaiser Post Number: 85 Registered: 2-2001 |
late model Ferraris and Lamborghinis show up crashed in overproportionate numbers because many people can't handle the power/speed (i.e have the money but lack the maturity etc.) then don't have the patience to get it fixed and just move on to a new car. This is where I would come in! I have seen late model 360s (fixable) go for ~40k!!! | ||
| Martin - Cavallino Motors (Miami348ts)
Advanced Member Username: Miami348ts Post Number: 4742 Registered: 5-2001 |
there are usually contracts with some insurance cos and buyers of all trashed cars. They buy them bulk. I think there is also a salvage auction. | ||
| todd a tiede (Apex)
New member Username: Apex Post Number: 13 Registered: 7-2002 |
Good connections to body shops/insurances? salvage/tow yards? That's your best program... The insurance agents take bids for the 'total' often from the shop it sits at... Remember the shop may bid against or for you... Look for shops speciallizing in F parts (used/salvage) such as AAA in Texas... | ||
| Martin - Cavallino Motors (Miami348ts)
Advanced Member Username: Miami348ts Post Number: 4741 Registered: 5-2001 |
contact your insurance carrier and tell them if they have one they should contact you. I know somebody did that and although it took years, he was offered one and bought it. | ||
| Reiner Kaiser (Reinerkaiser)
Junior Member Username: Reinerkaiser Post Number: 84 Registered: 2-2001 |
...before someone has already snatched it up and is trying to turn it around on ebay and such for a profit? I wouldn't mind getting myself into a second Ferrari (512tr or 360) for track use and such, am wondering if any of you guys knows (and cares to share) how to approach this? Get a dealer license and go to dealer auctions? Good connections to body shops/insurances? salvage/tow yards? When a car is crashed, the insurance sends it to a body shop for estimate, body shop comes back with "total", then what? Insurance sells it to who? have cash! will travel! |