Classic Example Diminshed Value...TR M | FerrariChat

Classic Example Diminshed Value...TR M

Discussion in 'Boxers/TR/M' started by msdesignltd, Jun 3, 2014.

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  1. msdesignltd

    msdesignltd F1 World Champ
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    Nov 17, 2003
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    Michael
  2. Elsi

    Elsi Formula 3
    Silver Subscribed

    Sep 26, 2010
    1,630
    Zürich (Switzerland)
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    Markus
    According to the ad the car had been in an accident: "This particular example was in a rear end collision in '96 and salvaged."

    Markus
     
  3. rpissm

    rpissm Formula 3

    Aug 11, 2013
    1,620
    Salt Lake City, UT
    Full Name:
    Joe
    It was also originally black, and the engine has been replaced? Still 95k? Seems high to me.

    Sent from my Nexus 10 using Tapatalk
     
  4. Bradwilliams

    Bradwilliams F1 Veteran
    Silver Subscribed

    I'd buy it, color has to go though
     
  5. Todd308TR

    Todd308TR F1 World Champ

    Nov 25, 2010
    11,071
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    Todd
    What would price be if it was all original?
     
  6. msdesignltd

    msdesignltd F1 World Champ
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    $315,000.00
     
  7. msdesignltd

    msdesignltd F1 World Champ
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    This is why I posted ...Diminished Value...
    Laymans definition is:
    something happened that diminished the value...never to be recouped again..
     
  8. Melvok

    Melvok F1 World Champ
    Owner Silver Subscribed

    Jul 25, 2008
    14,112
    Amersfoort, The Netherlands, Europe.
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    Mel
    Come on guys ...

    We see rediculous adds of sold cars in USA for K$200 and more ... there ar NOT so many as you may think ... I am sure about that ...

    Now we see a nice car and "the price is too high".... Show me one F that really has been in NO accident ... or respray ...

    Although I do NOT like 512M's at all think this is a very good offer imo.

    You should all be very happy with a car like this; specially the low miles.

    Or ........ ?
     
  9. Rifledriver

    Rifledriver Three Time F1 World Champ

    Apr 29, 2004
    34,064
    Austin TX
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    Brian Crall
    One can only imagine the level of damage that required a new motor.

    Not surprising for this seller.
     
  10. 308nut

    308nut Formula 3
    Lifetime Rossa Owner

    Jul 22, 2002
    1,881
    NOLA/Covington
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    Wade
    I have a pic somewhere, I'll try and find it. The car was unrecognizable from the rear. With the current spike in M prices that car is still a bit high, maybe should be in the $60's but then again where can you get an M that was factory repaired for less than 100k regardless of its history. Think about it, how many Lusso's SWB's LM's GTO's etc have been wrecked and rebuilt and still command top dollar.

    Wade
     
  11. msdesignltd

    msdesignltd F1 World Champ
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    #11 msdesignltd, Jun 3, 2014
    Last edited: Jun 3, 2014
    We gotta see this pic ....before!

    It says factory repaired but not necessarily Ferrari factory????
     
  12. turbo-joe

    turbo-joe F1 Veteran

    Apr 6, 2008
    8,929
    southwest germany and thailand
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    romano schwabel
    it says:
    The work was done by Maranello Services in Bozollo, Italy. (receipts on file).
    so nothing factory like. also I don´t know bozollo, only bolzano :(
    but that has not to say that the work has been not right done ! ! !
     
  13. msdesignltd

    msdesignltd F1 World Champ
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    Yes but that does negate Classiche!
    Foolish of owner as that would have doubled the price.
     
  14. Rifledriver

    Rifledriver Three Time F1 World Champ

    Apr 29, 2004
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    Brian Crall
    It only was sent to Italy to be repaired because of the cost.

    It isn't for sale for 95G's because it is such a great car.

    It would be great to see the pictures if they can be found.
     
  15. 308nut

    308nut Formula 3
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    Jul 22, 2002
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    Wade
  16. Mr.Chairman

    Mr.Chairman F1 Rookie

    Mar 21, 2008
    2,987
    New Jersey
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    Robbie
    I called on this car. I am waiting for copies of the receipt for work done. I may pick this one up if it all checks out. B*tch part duaw. I want a tr in my life again. Lol.

    R
     
  17. msdesignltd

    msdesignltd F1 World Champ
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    #17 msdesignltd, Jun 3, 2014
    Last edited: Jun 3, 2014
    BRAVO...
    If you get this car, Do I still owe you??
     
  18. Mr.Chairman

    Mr.Chairman F1 Rookie

    Mar 21, 2008
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    Robbie
    YES! lol.

    R
     
  19. msdesignltd

    msdesignltd F1 World Champ
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    #19 msdesignltd, Jun 3, 2014
    Last edited by a moderator: Sep 7, 2017
    Finally found the before shot!
    Those guys in maranello are good!
    This shot is after they welded the new sub frame on..
    because of damage the timing belts were changed while the engine was still in.
    No need to remove!!!
    Image Unavailable, Please Login
     
  20. ag512bbi

    ag512bbi F1 Veteran
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    Nov 8, 2003
    7,553
    So. Cal
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    Armen
    Really? That high with 13,000 miles?
     
  21. Mr.Chairman

    Mr.Chairman F1 Rookie

    Mar 21, 2008
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    That's not a tr. Don't know what that is but a tr? NOPE

    R
     
  22. msdesignltd

    msdesignltd F1 World Champ
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    #22 msdesignltd, Jun 3, 2014
    Last edited: Jun 3, 2014
  23. curtisc63

    curtisc63 Formula 3
    Owner

    Dec 13, 2005
    2,289
    Maryland
    Full Name:
    Curtis Campbell
    In another 20 years or so the "salvage" will not matter as Wade points out. It is one of 75 built for the US market. Very limited pool to choose from if you want one.

    Like many, I am not a fan of the M but for some reason this color makes it work for me. Would still likely change to 512TR wheels or something similar...

    Go for it Robbie!
     
  24. finnerty

    finnerty F1 World Champ

    May 18, 2004
    10,406
    #24 finnerty, Jun 3, 2014
    Last edited: Jun 3, 2014
    I agree ---- NO TR --- not even a Ferrari.

    The engine ( whatever it may be ) appears to be sitting transverse in the frame, and the rear brakes are drums ! The doors do not look correct either. Even the driver's seat headrest is wrong.

    My guess is that is some sort of conversion / replica POS in-process ( possibly starting with a Fiero chassis ? ).

    The only thing "Ferrari" about that thing is the center cap on the RR wheel......and, I don't even think the wheel itself is actually a Ferrari ( certainly NOT a TR ) wheel.
     
  25. msdesignltd

    msdesignltd F1 World Champ
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    WoW...Sarcastic Humor does not fly round here!
     

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