Nice 412 At Barrett Jackson No reserve

http://www.barrett-jackson.com/application/onlinesubmission/lotdetails.aspx?ln=1613&aid=466

 

Nice color combo at that distance.

Wonder how good it looks close up, that brownish/ Greyish looks classic.

 

If anybody needs an up close and personal I'll be there on Wednesday-

How can you buy a complicated car like this at an auction though?? I'd want to spend hours with the car, test drive, pore over the paperwork etc...

 

Exactly! What a risk. This one has been for sale for a while now as a quick search on this forum of its VIN.

 

Offered for sale at least 5 times by different owners since 2000. Mileage driven about 10,000 miles between 2000 and 2012. Last sold for $39,600 in August, 2012 at Russo & Steele Monterey auction.

Taillights are still reversed.

 

Are you sure it definitely sold? as its a very quick turn around to be auctioned again so soon! also $39600 seems strong money for an auction of one these as auction prices in europe/uk are generally quite a bit lower than genaral sale asking prices. I guess its a minter!!

 

I don't know why no one has thought of this before.

Why don't we all reverse our taillights ? We can then watch prices steadily increase as the worlds car buying fraternity finally see the beauty of these cars with new eyes. When values stabilise again guess what we do ? WE SWAP THEM BACK AND KICK OFF ANOTHER PRICE HIKE !!

Foolproof or what !

And you all think us Brits are stupid !!

 

Well, all I have to go on is that Russo & Steele reported it sold at that price. A lot of these cars seem to bounce around perpetually from dealer to dealer or auction to auction, each successive owner I suppose thinking that they can flip them and make a quick profit.

Personally, I think that a car in long term enthusiast ownership and with a clear ownership history back to importation is a better bet than the unknown of a frequent flyer at the dealers and auctions with no one really caring for it.

 

Saw this car today at BJ- looks pretty good- paint is above average, leather worn but fairly presentable, older hard TRX tires, moderately detailed engine compartment.

Interesting how much attention this car brought sitting in one of the "Fetaured' paviliosn amongst the many, many 61 vettes. I'll be curious to see what it closes at.

 

I bet it is below $32K

 

Oh, nothing against the car--it looks great. I just think the market is soft.

 

Yeah I think low $30s for a decent 86 412 is right about market right now. Unfortunately if you have the very best car on the planet there's no way to really communicate that to the marketplace, so bad cars sell for the same as great cars.

Oddly a few forumites have PM'd me recently looking at buying 400/412 cars. In every case purchase price was a MAJOR consideration- a couple of grand either way seemed to be the deal breaker.

No matter how often I tell people to overspend on one of these- find a great one, everybody is a bargain hunter.

 

Low $30s equates to £20k in UK . That would be a high auction price in the UK . Though £16k recently paid for a nice but unused 400 auto was as high as I'd seen at auction over here! So who knows , maybe the worm is finally turning. there's a few up for grabs this week so will be interesting

 

I didn't see it on their docket list... curious when it goes up for auction.
http://www.barrett-jackson.com/application/onlinesubmission/currentcarlist.aspx?aid=466&sd=01/15/2013&ed=01/19/2013

Nice body color. Is that Grigio Topo (mouse grey)?
I always wondered why the intake valve covers were left unpainted on the 412.
The brake fluid looks low & mighty dark

 

My suspect is the covers were coated from the factory, crinkle black. Harsh chemical cleaning/pressure washer ? Aluminum looks discolored as from an acidic cleaning.

Godspeed!
Dave

 

Dave, all the 412's came that way from the factory...
I'm just wondering why. I think the engine as a whole looks better with them black. Bruce

 

Just hammered at $27,000...(29,700 with commission)

Definitely a nice deal for the buyer- Place is dead today- lots of bargains- ast night was wild with the batmobile getting $4.2mill + commission.

Today Dale Earnhardts actual race car only brought $100K.

 

Looks like it was dead last in the auction schedule, probably not a worse position to be in. BJ is probably the last place I would consider selling a Ferrari. It is a sea of Fords, Chevys, Corvettes and Mopars making up close to 90 percent of the auction items.

Quite a price reduction from Monterey in only 6 months! The buyer should be happy.

Buy a Ferrari at Monterey, sell at BJ Scottsdale, bad strategy.

 

The big buck cars go on Saturday. It's always been that way. People think there will be some "grand finale" but most are leaving town on Sunday.

 

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Yes, this is NOT your usual collector crowd. I dare say the Batmobile would go for a lot less at the more wine and cheezy Monterey venues.

BJ has traditionally been more muscle and US car oriented. It's also more of a show than a real auction with stupidily ridiculously prices tossed around for seemingly no good reason other that to show you can overpay for a car on TV.

 

I was at Goodings on Friday- Dino did half a mill- The BJ crowd is like the crowd you get at the Bellagio on a Friday night- Everybody has a beer in their hand. Who knew they made a billion Shelby Mustangs... and every Camaro was a Z28??

 

And the 330 GT 2 + 2 that got hammered sold at $250K plus commission at Goodings was a stunning price for that model. Is that a record price for a used 2+2 Ferrari?

 

These have been going for strong money- a "Barn Find" went for over $100K in England earlier this year. It was certainly an immaculate car.

 

And to think that 2 headlight 330GT 2+2 not so long ago were $60K, 4 HL around $50K and 250GTE 2+2 were also around $50K as recently as 10-15 years ago!

 

There's hope for us 400 owners still ;-)