I'm selling my F50 | Page 5 | FerrariChat

I'm selling my F50

Discussion in '288GTO/F40/F50/Enzo/LaFerrari/F80' started by 410SA, Apr 24, 2008.

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  1. js430

    js430 Formula Junior

    Mar 9, 2005
    373
    Seattle
    Full Name:
    Jerry Kahane
    You forgot to include a picture of the bunny with the pancake on its head.
     
  2. Anthony_Ferrari

    Anthony_Ferrari Formula 3

    Nov 3, 2003
    2,365
    Sheffield, UK
    Full Name:
    Anthony Currie
    've just read this whole thread and although I've seen this question asked a few times I have seen no answer. Does anyone know?
     
  3. Artherd

    Artherd F1 Veteran

    Jun 19, 2002
    6,588
    Bay Area, CA
    Full Name:
    Ben Cannon
    #103 Artherd, Jun 3, 2008
    Last edited: Jun 3, 2008
    Probably because it's a dumb question. Ferrari didn't make this car to show the carbon fiber weave, it just worked out that way with the finish of the carbon fiber and the thickness of the paint. The weave is only visible at certain angles in certain light in certain places on the car to begin with. Just like worrying about the originality of the air-conditioning vents, the person who obsesses about this does not "get" the car and is not worth dealing with. No doubt there are people for whom the few extra microns' thickness of the paint layer in some places matters (though usually it's Ferrari who is responsible for such imperfections), but a few ounces of common sense will tell you that an excellent paint job is an excellent paint job.

    Ferrari's paint inspection, while fairly thorough, can still miss a few spots. Any car that has been driven will have bigger issues with driveway scrapes and paint chips. Worrying about the carbon fiber weave being visible on the wing takes a very special kind of obsessive-compulsive disorder. For those people who do have this OCD, one would need to arrange for another un-repainted F50 to be placed besides this one, and then compared meticulously in all lights at all angles for all points on the bodywork. I am reasonably certain that the original paint was taken off before the new layer was put on. This would imply that the weave is indeed visible, unless the painter was so incompetent that he sprayed it on thick enough that it pooled in the carbon fiber weave's crevices.

    Now for my question. If some potential buyer ticked you off with inane questions, how would you handle them? I raise the price by 25% just for them, letting them know it's still the same lower price for anyone else. Life's too short--one needs to get paid (extra) for dealing with whackjobs.
     
  4. 410SA

    410SA F1 Veteran

    Nov 2, 2003
    8,511
    West Coast
    Full Name:
    A
    I couldn't have said it better myself - thank you!
     
  5. riverflyer

    riverflyer F1 Rookie

    Nov 26, 2003
    3,583
    Mendocino, Ca
    Full Name:
    John
    Alex,
    Good luck with the sale, car looks like a really fine example. Must have been a huge treat to drive it on and F1 track. Pretty cool for sure.
     
  6. Finitele

    Finitele Formula 3

    Sep 26, 2007
    1,379
    DBC
    Full Name:
    DIR
    Paint quality is not important in Ferrari is the car what is important part@!
     
  7. darth550

    darth550 Six Time F1 World Champ
    Lifetime Rossa

    Jul 14, 2003
    61,087
    In front of you
    Full Name:
    BCHC
    This should be posted by the water cooler of EVERY high end retail establishment in the entire world!
     
  8. Finitele

    Finitele Formula 3

    Sep 26, 2007
    1,379
    DBC
    Full Name:
    DIR

    Wow, is most elegante.
    Joe Sackey for diplomatic attache!
     
  9. coachi

    coachi Formula 3

    May 1, 2002
    2,108
    SC USA
    why is this argument going on for such a long time? first of all it is the seller's perogative to put any price on his car; if you think the price is too high, well, don't buy it. When 410 decides he wants to lower or raise his price he will. In the meantime, there aren't as many buyers kicking the tires on an F50 as there are say on a 360 spider, so it may languish there for a while. I suggest that we wish him the best. Many of us would love to buy his car, but probably can't afford it at that price. The story has been hashed and rehashed. Time to let it rest.
     
  10. Boxer365

    Boxer365 Formula Junior
    BANNED

    Jun 8, 2006
    425
    Europe
    Could not agree more. Brilliant. The paint on mine is both original and has the battle scars from being driven. Hence it has been touched up on the nose. In another 10-15 years almost all will have been repainted anyway. The only thing that should be of concern the the quality of the paint currently on the car
     
  11. RufMD

    RufMD F1 Rookie
    Owner

    Jan 31, 2004
    3,246
    USA
    Full Name:
    Jas
    Quite right, and having seen it first hand, it is indeed excellent...
     
  12. joe sackey

    joe sackey Five Time F1 World Champ

    May 23, 2006
    57,525
    Southern California
    Full Name:
    Joe Sackey
    Not a job I would ever qualify for, and I don't pretend otherwise...

    Joe
     
  13. Mbutner

    Mbutner Formula 3

    Aug 11, 2005
    1,689
    Bay Area / Washington DC
    Full Name:
    Quick Draw
    +1

    I for one am completely flaborgasted that it is seemingly common practice for someone to completely derail a thread yapping about market price, what "I can sell it for", paint issues and the like. Due dilegence for a potential buyer is one thing but just being a class A dickhead is another. I also have seen many, many threads where this individual storms in, panties bunched, red faced, especially when the subject matter is a low volume collector car that he is not involved in selling.

    Of all the members of FChat, I respect 410SA the most for his collection, his tact, and his patience in dealing with such childish, assanine behavior.

    Good luck with the sale, and keep us posted on the progress.
     
  14. joe sackey

    joe sackey Five Time F1 World Champ

    May 23, 2006
    57,525
    Southern California
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    Joe Sackey
    Calm down. I responded directly to 410 SA's comments on page 2 thats all. Not everyone dances around issues as you appear to want them to, and believe me 410 SA is not always tactful nor patient :)

    Some people are direct and to the point.

    Regarding 410 SA's F50, it represents a rare opportunity for someone to purchase a well-kept Ferrari Supercar directly from its owner in a private transaction. Not only do I wish him the best with the sale, but unbeknown to you, I have already pointed a well-qualified prospective buyer his way...

    JS
     
  15. Mbutner

    Mbutner Formula 3

    Aug 11, 2005
    1,689
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    Quick Draw
    Talking about dancing around issues... Your original post was not provoked. It was tactless and questioned the seller, his asking price, and the quality of the car ie. paint.
     
  16. Drive550PFB

    Drive550PFB Two Time F1 World Champ
    Silver Subscribed

    Obviously, no transaction will take place until buyer and seller agree to terms. If any product does not sell at a given price, the seller may choose to lower the price until the product sells. (Or, some sellers invest in marketing campaigns to show potential buyers the value in the price quoted.)

    The more important issue is this . . . what advice should one give his or her client? The answer is to give the client the best market intelligence that one can give--and to use experience and judgment in that advice.

    Here is my two cents . . . Prices are falling and will continue to fall for a pretty long time. Imagine a roller coaster--which is our economy. There are ups and downs.

    If we are headed into a long downturn in a fast moving roller coaster, then we must understand the markets. Cutting the price by 10% may be warranted today, but tomorrow the appropriate cut may be 10.1%, which means that the car does not sell. Repeating this simple mistake over time means that the seller wakes up one day and has lost 20% of its value and still owns the car.

    Alternatively, if one is given good advice and knows that a 10% discount today is OK, but tomorrow it will take a discount of 10.1%, then that seller may choose to price his car at a discount of, say 12%. HE GETS AHEAD OF THE CURVE. Now he has 20 days to stay ahead of the curve and sell his car. Then when he wakes up at our future date and sees that prices are down 20%, he can say to himself, "Hmmm, by getting ahead of the curve, I made 8% on my sale," meaning that he sold his car for 8% more than the current market is bringing.

    Now, having written this, one must then consider the seller's circumstances--his liquidity and ability to hold the asset.

    But, a guy who owns an F-50 is likely to know this or have people advising him that know this.
     
  17. Mbutner

    Mbutner Formula 3

    Aug 11, 2005
    1,689
    Bay Area / Washington DC
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    Quick Draw
    Once again, this kind of argument is fine in the vacuum of a forum discussing the market, or economics in general but to say this in a specific for sale thread is in poor taste IMHO.
     
  18. Chiaro_Slag

    Chiaro_Slag F1 Veteran

    Oct 31, 2003
    7,789
    CA
    Full Name:
    Jerry
    Am I the only one mourning the baby blue? :(

    410SA - Did you repaint it back to red, or did the prior owner do the painting because it was too hard to sell in blue?

    Thanks

    PS - Good luck with the sale.
     
  19. 410SA

    410SA F1 Veteran

    Nov 2, 2003
    8,511
    West Coast
    Full Name:
    A
    I bought the car already repainted, and I was very happy with the quality of the paint job. On a purely personal and very subjective note, I have owned Ferraris for the past 25 years, of all vintages and types and the paint job on this F50 is as good as any paint on any car I have ever owned including Benzes, Bentleys, BMW's, Jags, Astons, Porsches and even a superb Bloomington Gold winning 1959 Corvette. I love the car and I will probably keep it unless I can get my price (Sorry to disappoint Joe).
    In my subjective opinion again, the car is literally flawless. It performs magnificently and looks wonderful and it is a bona fide, very limited production Ferrari Supercar. I am literally totally indifferent to many of the comments posted here for a couple of reasons - they are of no consequence and the posters are probably very unlikely to ever be buyers of this car. A genuinely interested buyer will get total attention from me, everybody else essentially is irrelevant in the narrow context of my F50 being available for purchase.
     
  20. Peloton25

    Peloton25 F1 Veteran

    Jan 24, 2004
    7,646
    California, USA
    Full Name:
    Erik
    I find it funny that some folks want to spin the unique history of this F50 as some kind of "story" that would scare off would be buyers. While there may be some potential owners that would nitpick in this regard, I have to believe that most people capable of pursuing an F50 for their collection would judge the car on its merits. Current quality of the car is impeccable by all references with firsthand knowledge and the finite supply of available US-spec F50s ensures it's continued value.

    I spend a lot of time reading the Vintage/Classics forum here and the changes that have been made to some of those cars over the years that currently wear price tags in the 7-figure range far exceed the paintwork that this F50 has. In ten or twenty years this will certainly be a non-issue. If I had the money, and a McLaren F1 was already parked in my garage, I'd consider giving Alex a call on this one, no doubt. :)

    >8^)
    ER
     
  21. joe sackey

    joe sackey Five Time F1 World Champ

    May 23, 2006
    57,525
    Southern California
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    Joe Sackey
    #121 joe sackey, Jun 3, 2008
    Last edited: Jun 3, 2008
    Alex Id be delighted rather than disappointed if you keep it, and same if you achieve a high price indicative of a strong market. An F50 repainted by FOH will have a paint finish quality better than that applied by Maranello when originally built... in that regard, does it have the best paint of the few USA F50s? Probably....
     
  22. darth550

    darth550 Six Time F1 World Champ
    Lifetime Rossa

    Jul 14, 2003
    61,087
    In front of you
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    BCHC
    I can almost feel an atmospheric shift from the collective sigh of relief you have just enabled......
     
  23. joe sackey

    joe sackey Five Time F1 World Champ

    May 23, 2006
    57,525
    Southern California
    Full Name:
    Joe Sackey
    If you say so, Im happy to have been the enabler...
     
  24. Finitele

    Finitele Formula 3

    Sep 26, 2007
    1,379
    DBC
    Full Name:
    DIR
  25. joe sackey

    joe sackey Five Time F1 World Champ

    May 23, 2006
    57,525
    Southern California
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    Joe Sackey

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