I had a 599 stick in February 2015 and here is why I don't now! | Page 2 | FerrariChat

I had a 599 stick in February 2015 and here is why I don't now!

Discussion in '612/599' started by 599isgonenotfair, Apr 23, 2015.

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  1. wrgray68

    wrgray68 Karting
    Rossa Subscribed

    Sep 5, 2014
    195
    Kansas
    Full Name:
    Walker Gray
    Years ago I owned stock in my former employer. I chose to sell it (at a tidy profit) after I left. Then it went up 5 fold!!!

    I think I'll create a web page and have my attorney send a letter.
     
  2. bernardo66

    bernardo66 The Crazy Cat Man
    Lifetime Rossa Owner

    Dec 14, 2003
    26,532
    Montreal Canada
    Full Name:
    Bernie
    #27 bernardo66, Apr 24, 2015
    Last edited by a moderator: Sep 7, 2017
  3. atomicskiracer

    atomicskiracer Formula 3

    Mar 30, 2005
    1,737
    Full Name:
    Ryan
    But this is America, ignorance is never our own fault!
     
  4. GuyIncognito

    GuyIncognito Ten Time F1 World Champ
    Silver Subscribed

    Jun 30, 2007
    100,002
    so let me get this straight: the OP is seeking compensation because someone paid vastly over market at an auction for a car similar to one he just sold?
     
  5. TRScotty

    TRScotty F1 Rookie
    Owner

    Oct 12, 2006
    2,505
    Tyler, Texas
    Full Name:
    Scotty
    Not according to his lawyer!!:D:D:D
     
  6. henryr

    henryr Two Time F1 World Champ
    Silver Subscribed

    Nov 10, 2003
    22,461
    Atlanta
    Full Name:
    Juan Sánchez Villa-L
    is this a joke thread ?
     
  7. henryr

    henryr Two Time F1 World Champ
    Silver Subscribed

    Nov 10, 2003
    22,461
    Atlanta
    Full Name:
    Juan Sánchez Villa-L
    the best part about this thread is that this guy had the funds to purchase a car like this.... go figure.
     
  8. andy308

    andy308 Formula 3

    Jan 16, 2005
    2,025
    Sarasota, FL
    Full Name:
    Andy
    If this guy tries to go after Miller Motorcars legally he is going to burn thru that 30k profit very quickly and then have nothing to show for it at all. Move on with your life!
     
  9. GuyIncognito

    GuyIncognito Ten Time F1 World Champ
    Silver Subscribed

    Jun 30, 2007
    100,002
    at least two cars like this. maybe as many as four ;)

     
  10. henryr

    henryr Two Time F1 World Champ
    Silver Subscribed

    Nov 10, 2003
    22,461
    Atlanta
    Full Name:
    Juan Sánchez Villa-L
    sucks as now he has to put this 599 sale on his sch D
     
  11. wolfturbo

    wolfturbo Formula Junior

    Nov 7, 2005
    580
    So. Cal
    Full Name:
    Rob W.
    OMFG!!!! This original poster needs to grow a pair!!!

    I've sold 4 1973 Carrera RS's for less than $200K a pop. I sold my CGT for $315K - thankfully to buy a house that I made $600K on. Oh yeah, when I was 17, I bought an all original 1967 Shelby GT500KR for $7,500 and then thought I was a genius when I sold it later that summer for $8,000. Then there's my 10K shares of AAPL that I sold about 5 years ago after they doubled in price.

    To the OP.... If you find the "Do-Over Fairy", please have her give me a call after you are done whining to her!!!
     
  12. amenasce

    amenasce Three Time F1 World Champ
    Silver Subscribed

    Oct 17, 2001
    34,494
    Full Name:
    Joe Mansion
    2 things : That 599 that sold at Amelia was a surprise for everyone. It is unlikely that it would have sold for anything close had it been sold in the regular market. All you need are 2 wealthy people with more money than sense and you get a world record. Happens all the time. No one could have predicted that.

    The fact that you sold your car for a premium before that auction should have been good enough for you. If you thought you deserved more at the time, then maybe you should have kept it. I doubt Miller put a gun to your head and forced the sale.
    You should have known better what you owned eventhough at that time, there was no reason to think that a manual 599 would bring anything more than the 30k premium you got.

    Shame on you for being a cry baby.
     
  13. amenasce

    amenasce Three Time F1 World Champ
    Silver Subscribed

    Oct 17, 2001
    34,494
    Full Name:
    Joe Mansion
    #38 amenasce, Apr 24, 2015
    Last edited: Apr 24, 2015
    This has nothing to do with the OP story. The dealer offered to buy the car back at a premium which should be a sign that whatever is owned by the OP is in demand. So either you are fine with the premium offered (and you understand the dealer will sell for more because that is their business) or you take a step back and realize you can get more if you sell yourself or wait. The market has been hot for years now for Ferraris. OP simply didnt know what he had in his possession despite knowing it was a 6 speed manual and saying it was "unique"..tough luck. No abuse from the dealer here.
     
  14. DK308

    DK308 F1 Rookie

    Aug 13, 2013
    2,738
    Europe, way north.
    Full Name:
    AB
    My exact thoughts...
     
  15. fineito

    fineito Rookie

    Jan 31, 2010
    17
    I once offered a pair of audio headphones on the internet at a price typical of depreciation for a typical piece of audio equipment. I got multiple immediate offers, and I accepted one of them only to find out it was a bit of a collector piece that had significantly greater value than my asking price. I should have known something was wrong with the quick, multiple offers, but it never really registered with me until after I committed to the sale. I could have reneged, but my reputation and word I value more. Yeah, I kicked myself for a couple of days, and learned a lesson, and I moved on. Consumer knowledge is at one's own risk in this life.
     
  16. henryr

    henryr Two Time F1 World Champ
    Silver Subscribed

    Nov 10, 2003
    22,461
    Atlanta
    Full Name:
    Juan Sánchez Villa-L
    a $15 subscription could have saved you some cash with a :

    "How much is my gated 599 worth ?"
     
  17. El Wayne

    El Wayne F1 World Champ
    Staff Member Lifetime Rossa Owner

    Aug 1, 2002
    18,069
    San Marino, CA
    Full Name:
    L. Wayne Ausbrooks
    I suggest the OP read this thread:

    http://www.ferrarichat.com/forum/vintage-thru-365-gtc4-sponsored-vintage-driving-machines/113281-0202-%96-bought-ebay-long-lost-even-numbered-comp-ferrari-found-4.html

    Knowledgeable Ferrari trader is tipped off to chassis of long-lost 1952 Ferrari 340 America listed on eBay by a seller who has no idea what he's sitting on. Knowledgeable trader purchases the chassis for $26,912. Needless to say, it was worth considerably more than that. (Today, the complete car would be worth millions of dollars.)

    So what does the seller do when he finds out what the chassis was worth? Does he sue? Does he whine about it? Not even close. Here's the seller's response after-the-fact:

    http://www.ferrarichat.com/forum/135939297-post112.

     
  18. donv

    donv Two Time F1 World Champ
    Owner Rossa Subscribed

    Jan 5, 2002
    26,176
    Portland, Oregon
    Full Name:
    Don
    My Boxer has doubled in price since I sold it (actually pretty quickly after I sold it). I had a reasonable idea it was going in that direction at the time, but I still think I made the right choice. I made a very nice profit, and was able to do some other automotive things that I've wanted to do for a while.
     
  19. Shark01

    Shark01 F1 Veteran

    Jun 25, 2005
    6,496
    What a stupid thread. I suggest we start this guy a gofundme account to buy cheese to go along with the whine.
     
  20. bernardo66

    bernardo66 The Crazy Cat Man
    Lifetime Rossa Owner

    Dec 14, 2003
    26,532
    Montreal Canada
    Full Name:
    Bernie
  21. Nospinzone

    Nospinzone F1 Veteran

    Jul 1, 2013
    7,799
    Weston, MA
    Full Name:
    Paul
    What is amusing is he posted that blog to embarrass Miller, but ended up doing the reverse.
     
  22. sherpa23

    sherpa23 F1 World Champ
    Owner Rossa Subscribed

    May 28, 2003
    10,013
    Rocky Mountains
    Full Name:
    Bastuna
    The incredible lack of knowledge the OP shows in his post is hilarious. So because Miller was a spectator at the Amelia Island auctions, they perpetuated a fraud upon you when they brokered a deal that earned you a profit on your car?
     
  23. LARRYH

    LARRYH F1 Veteran
    Owner Rossa Subscribed

    Jun 3, 2011
    9,686
    virginia usa
    All the op had to do was say NO to the deal .. I think at the time you were happy with the deal or you would not have sold it...
     
  24. subirg

    subirg F1 Rookie

    Dec 19, 2003
    4,370
    Cheshire
    Rarely had a case of sour grapes been so amusing.
     
  25. burmang

    burmang Rookie

    Sep 19, 2013
    26
    London
    Full Name:
    Gaurav Burman
    You can buy one back at the upcoming RM Auction next month which is guiding a lot lower than US$680k..........

    Here is your chance.....
     

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