Selling the Dino. | FerrariChat

Selling the Dino.

Discussion in '206/246' started by UroTrash, Mar 4, 2015.

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  1. UroTrash

    UroTrash Three Time F1 World Champ
    Consultant Owner

    Jan 20, 2004
    38,925
    Purgatory
    Full Name:
    Clifford Gunboat
    #1 UroTrash, Mar 4, 2015
    Last edited by a moderator: Sep 7, 2017
    It appears the time may have come (barring a surprising change in circumstance) to sell my Dino.

    What do you think is the best venue to sell?

    Thanks.
    Image Unavailable, Please Login
     
  2. dm_n_stuff

    dm_n_stuff Four Time F1 World Champ
    Lifetime Rossa Owner

    WHAT!!!!

    HEY, that's MY Dino.

    Err . . .

    PHEW...

    I'd really suggest talking to two or three auction houses.

    Gooding, maybe Christie's or Sotheby.

    Sad day for me... :(

    D
     
  3. dm_n_stuff

    dm_n_stuff Four Time F1 World Champ
    Lifetime Rossa Owner

    You do have the original notebook on the resto on the car, right? Did I send that to you or just a pdf??

    If you don't have it, I'll have to dig around for it.

    D
     
  4. UroTrash

    UroTrash Three Time F1 World Champ
    Consultant Owner

    Jan 20, 2004
    38,925
    Purgatory
    Full Name:
    Clifford Gunboat
    I do have it Dave. And you do have Right of First Refusal.
     
  5. mseals

    mseals Two Time F1 World Champ
    Lifetime Rossa Owner

    Sep 9, 2007
    24,468
    Kuwait
    Full Name:
    Mike Seals
  6. UroTrash

    UroTrash Three Time F1 World Champ
    Consultant Owner

    Jan 20, 2004
    38,925
    Purgatory
    Full Name:
    Clifford Gunboat
  7. abstamaria

    abstamaria F1 Rookie

    Feb 11, 2006
    2,668
    Full Name:
    Andres
    I am sorry to hear that. But best of luck, Uro Trash.

    Andy
     
  8. dm_n_stuff

    dm_n_stuff Four Time F1 World Champ
    Lifetime Rossa Owner

    And should I be lucky enough to fall on a big pile of cash in the next few weeks, I'll take you up on the offer.

    D
     
  9. swift53

    swift53 F1 Veteran
    Rossa Subscribed

    Nov 17, 2007
    6,726
    E.S.
    Full Name:
    Alberto
    Dean, same here , best wishes, although it always is a bummer to see it happen when it is
    another Dinolander.

    I would do a private treaty, fair, cool, and everybody has to come out happy.

    Here, we live in a land where everything is done on the square, the best medicine I
    have ever tasted.

    You want it? I want this much, in return, the other guy will offer that much, let's haggle a bit, compromise, and....bingo, we are all very happy. Best of sales.

    Clearly, you will know best, of course.

    Regards, Alberto
     
  10. UroTrash

    UroTrash Three Time F1 World Champ
    Consultant Owner

    Jan 20, 2004
    38,925
    Purgatory
    Full Name:
    Clifford Gunboat
    Thank you, gentlemen.
     
  11. Smiles

    Smiles F1 World Champ
    Lifetime Rossa Owner

    Nov 20, 2003
    16,614
    Pittsburgh, PA
    Full Name:
    Matt F
    Just remember: seller's remorse is a very real thing.

    Good luck!

    Matt
     
  12. Dom

    Dom F1 Veteran
    Owner Rossa Subscribed

    Nov 5, 2002
    8,481
    I wish I was in the market for a Dino...

    Good luck with the sale, Uro. Are you going to replace it with a Ferrari ;)
     
  13. Teenferrarifan

    Teenferrarifan F1 Rookie

    Feb 21, 2003
    3,098
    Media, PA
    Full Name:
    Erik
    Great car! I will never forget the couple rides Dave M. Was kind enough to take me on when he owned it... Good luck with the sale, it would be great to see it stay in the Fchat family.

    Erik
     
  14. TKO

    TKO Formula Junior

    Oct 22, 2004
    790
    SoCal
    Full Name:
    Tom Kearns
    Private party sale is the best deal for buyer and seller. Good luck with the sale. Any replacement car?
     
  15. UroTrash

    UroTrash Three Time F1 World Champ
    Consultant Owner

    Jan 20, 2004
    38,925
    Purgatory
    Full Name:
    Clifford Gunboat
    I'm already feeling very sad. My wife says not to sell it, that I'm being too hasty.

    Maybe a Yugo.

    Actually, I have a real hankering for a Scout.
     
  16. 2NA

    2NA F1 World Champ
    Consultant Owner Professional Ferrari Technician

    Dec 29, 2006
    18,214
    Twin Cities
    Full Name:
    Tim Keseluk
    I recommend that you proceed carefully.

    Decide what price you'd be comfortable with, there might be a private party out there willing to pay it.

    Auction houses typically strip 8-15% from each party. That's a big share of the pie.

    I have one or two possible buyers left over from the Dino I had for sale last Summer.

    Be on guard for celebrity flippers that will try to buy it cheap.
     
  17. dm_n_stuff

    dm_n_stuff Four Time F1 World Champ
    Lifetime Rossa Owner

    always sell at the top of the market.

    Great advice, except, who knows where the top is? No one. So you go with your gut.

    The Dino is a beautiful car, no doubt about it, yours especially. :D

    But, if it's time for it to go, there may not be a better time to maximize your opportunity.

    When I sold to you, I never looked back. I knew it was going to be loved just like I did. Find a good buyer, send it on to the next home, and never look back.

    It's a car. A great car, but a car. If you find yourself, a couple years down the road, with a hankering for another one, then get another one. your situation may be stabilized by then, and the market may have dipped 10%, who knows.
     
  18. HMB-Dino

    HMB-Dino Formula 3
    Silver Subscribed

    Jun 28, 2010
    2,172
    Pebble Beach, CA
    Full Name:
    RonG
    Aren't you always supposed to listen to and obey the wife?...
     
  19. synchro

    synchro F1 Veteran

    Feb 14, 2005
    9,294
    CHNDLR
    Full Name:
    Scott
    Ask TKO how he sold his so quickly, then do the same.

    1) Fees are higher at auction - Auction houses are not just charging the sellers fees based on a percentage of the hammer but also other fees that Sellers will be responsible for. Look at the auction contract and you'll see extras that some houses charge the seller; transport, their detailing crew, parking and any extras.

    2) Auction Competition - Last summer we saw 12 Dinos for sale in Monterey, that is a lot of competition.


    OUCH!
    You're finally over the sting and able to mention it, eh?
     
  20. tx246

    tx246 F1 Veteran
    Owner Rossa Subscribed

    Nov 4, 2003
    6,472
    Texas
    Full Name:
    Shawn
    Dean..... Oh My!!!

    You can't plan on leaving us like this.

    Your car is amazing, and I know we all have life that interferes, but a new care taker had to be carefully selected for this car. I am sure Dave will back me up on this.

    I am not certain as to why it is time for a change, but for those "NEW FOLKS", they should look back as to when Dave owned this car. He did some amazing things with this car....

    For those searching for a Dino, and maybe not regular people who chime in, this is a car worth looking at.

    Shawn
     
  21. dm_n_stuff

    dm_n_stuff Four Time F1 World Champ
    Lifetime Rossa Owner

    Thanks Shawn.

    When I had the car, I did everything I could to make it the best Dino on the road.

    When I felt it was time for it to go, I found a guy I knew would be as careful a caretaker as I, and who really wanted the car to enjoy, not to park and look at, but to drive and enjoy.

    I was lucky. Uro contacted me almost before I decided to sell, and made me a very fair offer for the car.

    I would love to see the car passed on to another guy like Uro, but, if someone with a bucket of money comes along, then Uro should do what's best for him, and that may NOT be passing the car to another driver, but to a collector or someone who is speculating that these will go even higher.

    It is a great car. Mechanical issues? None. Structural issues? Nope. When the car left my hands it was a 99 point concours car, and yet capable of being a daily driver, if one was so inclined. I think it's safe to assume it still is.

    D
     
  22. ghenne

    ghenne Formula Junior
    Silver Subscribed

    Mar 8, 2004
    433
    Toronto, Canada
    Should we interview potential buyers here? After all, this car is now part of the forum. We should have at least some say! :)
     
  23. 2GT

    2GT Formula 3

    Aug 25, 2008
    1,830
    Western NY
    Full Name:
    Fred
    The Dino forum members may have to set up an ad-hoc "adoption board" to vet potential Dino owners, and pass on their fitness as would-be Dino "parents." Seriously, it is a definite consideration when selling a treasured car. I have owned my remaining Dino for 39 years, and could not imagine selling it to just anyone. Good luck, Uro. If you do a private-party sale, you'll know the right buyer when you see him/her. Fred
     
  24. JohnnyS

    JohnnyS F1 World Champ
    Owner Silver Subscribed

    Oct 19, 2006
    15,138
    Illinois
    Full Name:
    John
    Me...Me! I will hug it and love it for many years. :D:D
     
  25. INTMD8

    INTMD8 F1 Veteran
    Owner

    Jun 10, 2007
    6,503
    Lake Villa IL
    Hahaha! Nice :)
     

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