| Author | Message | ||
| Martin - Cavallino Motors (Miami348ts)
Senior Member Username: Miami348ts Post Number: 5608 Registered: 5-2001 |
why should they? Man, this proves again that the informed buyer will NOT allow himslef to buy a car at the ATS. even if it is called the NATS and if you cange it to "The Newest Auto Toy Store" you will likely not find custoemrs from this board! Martin The New Cavallino Motors  | ||
| gary green (Minuke)
Junior Member Username: Minuke Post Number: 189 Registered: 7-2003 |
One thing is for sure, Dupont Registry doesn't have any problem taking their advertising money. | ||
| JRV (Jrvall)
Intermediate Member Username: Jrvall Post Number: 2136 Registered: 11-2002 |
>>>>>You say they were raided by the feds, do you have a link for this?<< A Wise Man Once Said: Never ask a question you really don't want the answer too!!! | ||
| RockStar (Remix)
Junior Member Username: Remix Post Number: 65 Registered: 3-2003 |
Just read those older threads. Can you be serious? "If you don't have an appointment, then leave"? How about "f--- you, you f---ing b--ch!" I'm sure we all wish our businesses were so successful that we could just throw potential customers back on to the street. I saw the picture of the ATS owner in the duPont once - he's a big fat greasy-looking f--ker, too. Where is Mr. Lazzarri through all of this? Hiding under his desk? You've been called out. REMIX | ||
| JRV (Jrvall)
Intermediate Member Username: Jrvall Post Number: 2134 Registered: 11-2002 |
OK LOOK OUT...we're turning the Kitchen Lights On!! { } Yes Eric, AUTO TOY STORE in Ft. Lauderdale > Raided...that's the one!! Ahhhh...no wonder my memory was so good, I'm the one that started that thread! { } | ||
| Eric Eiland (Eric308gtsiqv)
Member Username: Eric308gtsiqv Post Number: 940 Registered: 11-2001 |
JRV...these were the only two links that I came across: http://www.ferrarichat.com/discus/messages/251280/195698.html http://www.ferrarichat.com/discus/messages/256121/233232.html | ||
| JRV (Jrvall)
Intermediate Member Username: Jrvall Post Number: 2133 Registered: 11-2002 |
>>I recently went there and personally saw evidence of paintwork and shoddy repairs on 3 out of 4 cars I looked at. << You just reminded me that in the newspaper article in the archives about the RAID a body shop owner that had worked for ATS was interviewed about The Auto Toy Store and their body work Modus Operundi...if I recall it was not a glowing report. Help WAYNE...help retrieve the old thread on the ATS Raid. | ||
| Fred (I Luv 4REs) (Iluv4res)
Member Username: Iluv4res Post Number: 455 Registered: 8-2002 |
Although fun to visit - they do have a lot of cars.....From my experience, "New" or "Old", it appears to be the same junk cars being sold. I recently went there and personally saw evidence of paintwork and shoddy repairs on 3 out of 4 cars I looked at. My guess is they get people there who don't know better. Too many people w/ lots of $$ only concerned w/ lease payments and how it looks. Simmilar to getting any car repaired by a mechanic: how many people actually look under the hood to see if it's done 100% correctly, and/or even know if it's done 100% correctly? Although F-chat has a large # of people w/ auto knowledge, the general population doesn't. What is that saying about a "sucker born every minute"? I guess there are at least 600 per month! | ||
| JRV (Jrvall)
Intermediate Member Username: Jrvall Post Number: 2130 Registered: 11-2002 |
>>You say they were raided by the feds, do you have a link for this?<< A LINK is in the archives. An article on the raid by the Miami Herald (I believe) was posted at the time of occurance. I was already trying to retrieve the original thread without luck, it might take a Master Searcher like Wayne, but it's in there somewhere. The title of the old thread reads something like "AUTO TOY STORE RAIDED". | ||
| gary green (Minuke)
Junior Member Username: Minuke Post Number: 187 Registered: 7-2003 |
Martin, You say they were raided by the feds, do you have a link for this? | ||
| Andrew-Phillip Goalen (Andrewg)
Member Username: Andrewg Post Number: 276 Registered: 9-2002 |
Martin, Thanks for the incite, my cash / credit comment was aimed at the toy store James said "We dont borrow the money from a bank like most dealerships" so guess they dont borrow money just Car's | ||
| Martin - Cavallino Motors (Miami348ts)
Senior Member Username: Miami348ts Post Number: 5604 Registered: 5-2001 |
..and yeah, I do buy cash only as well, no credit! My overhead is low because i actually OWN my office in Bay Harbor as well as the warehouse where I store my cars | ||
| Martin - Cavallino Motors (Miami348ts)
Senior Member Username: Miami348ts Post Number: 5603 Registered: 5-2001 |
Andrew-Philip, let me shead some light into Exotic Car business. The New Toy Store or the Old Toy Store, or all the other flashy dealers do rarely OWN their inventory. They OWN a few cars they gobbled up cheap enough to turn them quick. So do I. Most of the cars you see at the NEW Toy Store are consignment cars. That is why they are there for years at a time. I believe it was the Toy Store (but Jim can correct me here) who offered storage for a fee in their showroom for some of the snowbird exotic car owners that come in winter. I know Shelton does offer storage to some owners. Nothing wrong with that. The interpretation or assumption that the Toy Store ownes these cars, all of these cars is ludicrist! They would not buy a 328 for $55K to sell it for $59K. They would buy your car for $ 35K and sell it for $ 45K to make a quick buck. So to sum this up, exotic car dealers BUY only into inventory what they can get cheap enough to make a buck without getting stuck on inventory forever. Everything else is CONSIGNMENT! If you look at my page you will find that it is clear which cars are owned and which are consigned. This week we will actually add a botton that will explain how consignment works. It is not up yet but should be actually by the end of today. | ||
| Mark (Study)
Member Username: Study Post Number: 636 Registered: 10-2001 |
The NEW toy Store has 3 things -The BEST biggest ad in DuPont Magazine. -The Best huge show-room in high traffic FUN area. -Lots of shinny highly waxed cars that LOOK fantastic. Business has been built- High on show, and big over-head fixed cost. Nothing wrong with this. Flashy Worlds Biggest Exotic car lot is FUN. Not like Shelton- all about tech info, records, past owner historyes and driving records, and test drives. I would guess that NEW toy store sells to men with lots of money and little time (Fort Laud is a very rich town). Also people that don't know much about Ferrari and are newly rich, or caught up in emotion. Or short time on vacation or live in US and want to buy car in Florida. Not every one comes to F-chat and does their home work. Martin is the opposite of New Toy Store. Martin has very low fixed cost. I wonder if Martin and Toy Store are both checking the same web sites and auctions for cars to sell. My point is that Toy Store is looking for cars just like you and me. If you don't have time... Martin is doing a very good job at looking for good deals (and other brokers we know at fchat). He only needs a few each month. But how does the Toy Store find 600 plus "good" cars each year? Auto Toy Store will stay in business for a long time. Few take the time to learn all about cars. I almost fell over when they said the 1986 328 was only $59k. Did they buy to high? Or did they buy low and need a big mark-up to cover all those fix cost. | ||
| Ken (Allyn)
Intermediate Member Username: Allyn Post Number: 1107 Registered: 10-2001 |
Looks like James has flown the coop. James? BTW, I wouldn't be surprised if it turned out the place was 'sold' in name only to have a 'new' start and maybe duck out of old lawsuits. | ||
| Andrew-Phillip Goalen (Andrewg)
Member Username: Andrewg Post Number: 275 Registered: 9-2002 |
Martin The "about me" page may be blank but as its in their inventory at least they have them in stock and no doubt they paid cash instead of buying them on credit! | ||
| Martin - Cavallino Motors (Miami348ts)
Senior Member Username: Miami348ts Post Number: 5593 Registered: 5-2001 |
This is dangerously too much fun! | ||
| Martin - Cavallino Motors (Miami348ts)
Senior Member Username: Miami348ts Post Number: 5592 Registered: 5-2001 |
Why is the about me page blank? Because there is really not much one can say ABOUT ME ! | ||
| David B. Norris (Norris)
New member Username: Norris Post Number: 4 Registered: 7-2003 |
 See at "New Auto Toy Store" | ||
| Andrew-Phillip Goalen (Andrewg)
Member Username: Andrewg Post Number: 272 Registered: 9-2002 |
James, if you really want to give the "New" auto toy store some credibility, maybe you should have hired a pro to do your web site!, in your inventory section you list Contact us and About us, how many of these do you have in stock May also be a good idea to put some info about the ownership change on your currently BLANK about us page!!!!! | ||
| RockStar (Remix)
Junior Member Username: Remix Post Number: 64 Registered: 3-2003 |
 This may get ugly. REMIX | ||
| David B. Norris (Norris)
New member Username: Norris Post Number: 3 Registered: 7-2003 |
With all the money that is expended for the F-Cars, seems to me there is just too much negative information on the 'New Toy Store' to even risk a purchase there. I would steer clear.... I also am a firm believer in the PPI before paying any amount. When I was buying, the dealer wanted a $13k deposit just for the PPI. I said no, and they relented eventually. | ||
| Martin - Cavallino Motors (Miami348ts)
Senior Member Username: Miami348ts Post Number: 5589 Registered: 5-2001 |
...and honestly from a business stand point if there would have been truely NEW management/ownership of the store, why would one keep a so badly tarnished name like Toy Store and add New to it. just wondering, hope you can shead some light. | ||
| Martin - Cavallino Motors (Miami348ts)
Senior Member Username: Miami348ts Post Number: 5588 Registered: 5-2001 |
Doc, I think the Auto Toy Store Does the respect just as they Do clear title cars (just kidding) Jim, well enlighten us why the Feds raided your store a few months back! I am sure they are just out to get some hard working honest business man! Its all GWB's fault! | ||
| RockStar (Remix)
Junior Member Username: Remix Post Number: 63 Registered: 3-2003 |
Outside of a McLaren, Enzo, F50 or anything of that nature, it just doesn't make sense not to be able to test drive a car. Especially a used one of unknown origins going for 6 figures. I just find that pompous and lazy on the sales staff's part. What the he** is THAT all about? "you don't just test drive a Ferrari"? Sure you do. That's BS. REMIX | ||
| Mark (Study)
Member Username: Study Post Number: 635 Registered: 10-2001 |
Since that story 1999 it has new owners and is now the "NEW" Auto Toy store. But one thing is still funny in 2003. If you go to Shelton and tell them I might want a car, they twist my arm to take a test drive. They go so far as to say "lets drive a few cars.. and see what you like". "New" Toy Store is still not into giving test drives. I know Toy Store gets a lot of tourist and Shelton is a bit more off the beach road. But the contrast on test drive policy is night and day. Toy Store makes you feel like a jerk for even asking. I've been told "you don't just test drive a Ferrari". Then I have to stand there wondering if they have ever heard of Shelton Ferrari? Does anyone else find it funny that the NEW toy Store shows up on a thread about a car with a salvage title? I hope they have change their old ways and are getting better at buying good clean cars... just would be ironic if this Toy Store guy was shopping for inventory on a thread labeled Salvage Cars. I'm sure he's not but not a good place to make your first post to the f-chat family. | ||
| RockStar (Remix)
Junior Member Username: Remix Post Number: 61 Registered: 3-2003 |
Wow, that's some article. Thanks for posting that. Just goes to show that you should never, ever buy a car sight unseen. If the dealership refuses a test drive, walk out immediately. I can't believe so many people shrewd enough to make the kind of money it takes to buy a car like the ones ATS sells can be so easily duped. A fool and his money... REMIX | ||
| Dr. Ken Lee (Kenster888)
Junior Member Username: Kenster888 Post Number: 204 Registered: 4-2003 |
It is "With all DUE respect". | ||
| V.Z. (Ama328)
Junior Member Username: Ama328 Post Number: 231 Registered: 11-2002 |
so, why hasn't someone paid the owner of the Toy Store a visit and made him "an offer he can't refuse?" You're talking enuf $$ and enuf PO'd people, some with enough resources to 'take matters into their own hands'. | ||
| Michael C. James (Mjames)
Junior Member Username: Mjames Post Number: 66 Registered: 6-2003 |
Mr. Lazzari, read what we all know to be true: http://www.newtimesbpb.com/issues/1999-07-16/news.html | ||
| Mark (Study)
Member Username: Study Post Number: 634 Registered: 10-2001 |
Hey Jim, How does the Auto Toy store work? Do you guys have a certain way you look for and buy cars? I would guess you are like any other business, buy low and sell high? Do you guys buy cars that need work and fix them up? Every business has to make a profit. You have a great showroom and cost a lot of money to pay fixed cost and all those ads so the Auto Toy Store must be doing a good business. Why don't you tell us a bit about your business and get rid of that old bad-rep that has been hanging around on the web from the "old" auto toy store. I'd start a new thread and call it something like... "How an Exotic car dealership works". | ||
| RockStar (Remix)
Junior Member Username: Remix Post Number: 60 Registered: 3-2003 |
So, James, when is it going to stop being the NEW Auto Toy Store and just become the regular Auto Toy Store? How long can it stay "New"? REMIX | ||
| JAMES LAZZARI (Jlazz22)
New member Username: Jlazz22 Post Number: 1 Registered: 8-2003 |
Martin: with all do respect..do you have proof of the comment you just made against The Auto Toy Store? I sincerely hope so. I work for The Auto Toy Store..Let me say that in 1999 the store changed ownership. In the past the store had a bad reputation. We have done alot to change that rep. The Auto Toy Store is a great place and the people there are the best in the business. The fact! that Cavallino did not like The New Auto Toy Store to be at there event at The Breakers hotel because The Auto Toy Store had 360 Spiders before the dealers had them made The President of Ferrari just a tad upset. Just so everyone is aware The Toy Store does a vin check on every vehicle that comes in on trade. If the car has a Salvage title we would not take it in on trade. We pay cash for every car. We dont borrow the money from a bank like most dealerships. Which means your extra careful what you buy. If you have anything else you would like to say you can reach me at The Auto Toy Store..1 800 255 9102 Jim Lazzari | ||
| Martin - Cavallino Motors (Miami348ts)
Senior Member Username: Miami348ts Post Number: 5571 Registered: 5-2001 |
no rumor! | ||
| Michael C. James (Mjames)
Junior Member Username: Mjames Post Number: 65 Registered: 6-2003 |
Wasn't the Auto Toy Store 'guilty' of selling salvage cars that had their titles scrubbed? I heard they were selling cars, previously wrecked, to unsuspecting customers who found lots of things wrong after-the-fact....rumor? | ||
| dave handa (Davehanda)
Intermediate Member Username: Davehanda Post Number: 1499 Registered: 5-2001 |
More than that, a salvage title basically cuts 3/4 of the available market of potential buyers away. I know very few to none that would buy a Ferrari with a salvage title. | ||
| Dave328GTB (Hardtop)
Member Username: Hardtop Post Number: 652 Registered: 1-2002 |
I have read that salvage titles equate to 1/3 off normal value on average. Many salvage cars are previously heavily wrecked cars rebuilt to a poor standard and yes, this can compromise safety in a crash. Others can be flood or theft. I would not rule out one, but would want very extensive documentation as to the circumstances and work done. I have seen "no frame damage" cars that were visibly out of whack. I can imagine what evils can actually be hidden. Dave | ||
| Richanton (Richanton)
New member Username: Richanton Post Number: 3 Registered: 8-2003 |
There are many reasons why a car might have a salvage title. JamesH gave a perfect example of one scenario, and in a case such as his it makes no difference. No one would ever know that the car is salvage, and no one would ever know how much money you saved. Dave Handa also gave a good example. As stated before, I would definitely find some more history on the car. The price is pretty cheap, so my guess would be the car was wrecked hard and not repaired very well. To say the car has no value is crazy. A Ferrari will always have substantial value, especially if it was repaired well. In some states, it is possible to "wash" a salvage car and obtain a clean title. A shady car dealer may be interested in the car for that purpose. Also, I can't imagine it being that hard to find someone who wants to drive a 355, but can only afford a salvage title car. If it is a good solid car you plan on keeping for a while, it is worth considering. Just keep in mind it may be more difficult to sell should the time come. | ||
| Martin - Cavallino Motors (Miami348ts)
Senior Member Username: Miami348ts Post Number: 5550 Registered: 5-2001 |
Salvage having no resale value is a little overstated there Art! It does have a resale value, it is just less than if it is a clear car. In most cases there is nothing wrong with the salvage car that is significant enough to warrant not to buy the car. It is however nice to have the history whatw as wrong with it. If youc an buy it cheap enough good for you, I would consider one as well. MArtin | ||
| James H. (Jamesh)
Junior Member Username: Jamesh Post Number: 209 Registered: 5-2001 |
My 328 is a salvage title car. The car was stolen and the insurance company paid off the owner. It was later recovered in someones garage with no body damage. So, salvage title does not always mean its been in an accident. | ||
| V.Z. (Ama328)
Junior Member Username: Ama328 Post Number: 221 Registered: 11-2002 |
verify construction of the car, verify the accident history(insurance company, police report, maybe someone's got pics of the incident), and IF everything's ok, you might take a look at it. and, btw, don't ever plan on selling it, as you're gonna have a tough time getting anything on the used market. otoh, if it floats your boat, and is sound, who cares? If you wanna *really* negotiate, let it age in the current seller's hand a while, then go back and lowball. After all, he's not having much success selling it, is he? i like to buy cars for the long term; i.e., have my estate peddle it after i'm dead | ||
| dave handa (Davehanda)
Intermediate Member Username: Davehanda Post Number: 1470 Registered: 5-2001 |
The are a number of reasons for a "salvage" title as Mike mentions. Many times it is purely economic. My previous 308 was in a minor crash, but was totalled by the insurance company (it was drivable). To repair it to a proper "high standard" was going to be more than half the "agreed value" policy I had. So they cashed me out and auctioned the car. I met the guy who bought it. He fixed it, and while it may be entirely presentable (I have not seen it, but others say it looked good) I know he did not replace a lot of stuff that should have, they were "straightened" and Bondo'd as needed. I know this car is no "less safe" than before, but when ever you are considering a salvage title car, you are venturing into the unknown.... | ||
| Mike B (Srt_mike)
Member Username: Srt_mike Post Number: 312 Registered: 12-2002 |
If the car checks out mechanically, you should consider it *IF* the price is right. As Art said, resale will be very low, which means you will have to sell it well below market to make it attractive to a buyer. As for "I'd never drive a salvage" - that is just silly. It could be salvaged because of a massive wreck, or it could have been something as simple as body damage, or maybe the car slid and dented up the whole side (lots of panels = high cost to fix = salvage) | ||
| TC (Houston) (Tec)
Junior Member Username: Tec Post Number: 199 Registered: 2-2002 |
Why would you want a your insurance company to total the car? If given the option, I think that many people would prefer to have a check for the full value of the car (or close to it) rather than repair a significantly damaged car. | ||
| Michael C. James (Mjames)
Junior Member Username: Mjames Post Number: 62 Registered: 6-2003 |
How do cars become Salvage cars? Is this through the previous owners' insurance company? I would think cosmetic damage would not warrant a salvage title unless the owner requested his/her insurance company to 'total' the car. Some owners do this, even though the car is structurally sound and easily repairable...why, I don't know. | ||
| Noelrp (Noelrp)
Member Username: Noelrp Post Number: 299 Registered: 8-2001 |
I hope that do not come on strong on this but personally I will not do it. There is alot to be said on a salvaged car. I value my life more than a cheap deal. And no way I will drive a salvaged car especially if it's a Ferrari (100mph on salvaged Ferrari? no way!). .... but that's just me. | ||
| arthur chambers (Art355)
Intermediate Member Username: Art355 Post Number: 2270 Registered: 6-2001 |
There are plenty with salvage titles avialble. They aren't as good a deal as they look. They have absolutely no resale value. Art | ||
| jake (Enzoforza)
Junior Member Username: Enzoforza Post Number: 53 Registered: 10-2001 |
Has anyone ever owned a F-car that had a Salvage Title. Theres a 355 in my area with a Salvage Title (Nose + 1/4 damage) that has been prof. repaired. I think it could be had for about $50k. It says that there was no frame damage. If the car was not in a flood or bent what other problems would one expect. I dont think I would buy it but if it came back with a good PPI $50k is dern cheap for a 355!! |