3,580 mile white TR at Barrett Jackson next weekend (one owner)

I don't think that BJ verifies anything. All on the bidders to to their homework. I spent over $30k on issues after getting the car back home from auction. I blame myself for being a little naive, but the auction setting does not help.

 

At the Barrett Jackson Las Vegas where I purchased my TR, the owner had left all the service records in the property room. They would not give me access until after winning the auction. So to your point, homework is very limited unless the owner was there to talk to.

When factoring my bid, I assumed the cost of a major and some costs for other repairs. In reality, I quickly outpaced my estimates and did not realize how hard it was to source parts.

 

In most cases it is buying what is behind door #3.

The big dollar cars bought by serious bidders are typically well researched well before the auction. The word is spread before the auction by owner or his agents to be sure interested parties know and a lot of information is provided. The normal run of the mill cars are a real crap shoot. I have seen real junk and some nice cars.

 

Have you bought one yet? If not why? Theyre cheap now. Just enjoy the damn thing, parts arent that big a deal and I thought you were rich?

 

Sourcing of parts for any Ferrari ever for the company's entire history has been difficult. TR is no worse than any of its age or older.

That is one thing that not having any more or less effect on this model than any other.

 

Agree on some parts but prices have not sunk there still holding above 100k for clean low miles etc all this sinking prices is getting old lol

 

A few years ago it was "you can buy them all day long for $45,000" when we all knew the market was north of 60 for cars that ran. I never understood the real need on the part of some to do that. Mental health professionals must have a clinical term for it.

 

Its called wishful thinking

 

It goes beyond that. Its people intentionally trying to stir up trouble or just being alpha hotels.

 

Sourcing parts can be a challenge. That said however, it has never been a problem for me. Relatively speaking. There are a lot of these cars out there to part out.

My biggest challenges have been OEM style nylocs, hoses and the stupid ‘coin holder’ from the console. I have never had a major repair - so those parts may be more problematic.

The electronics are relatively simple and should be available for many years to come. Thirty years from now, I’d bet they will still be available. Try that for a a 458.

No bearing on the overall market value on these cars.

 

Agree. Oem parts may become hard to source but the beauty of the TR is that its rather simple. Those who take their car to the dealer for all services may find it too expensive over time. The rest of us will be fine.

 

K.

 

Testas look so much better without rear rubber battering ram bumper!

 

This is the first year in a while where I won't make it to Scottsdale for the auctions but I am not too impressed with BJ after my experience there last year. I had a prominent buyer reach out to me from a mutual friend to inspect a 1989 930 slantnose he was interested in bidding on. So I locate the car and start to inspect the undercarriage (without touching the car) and was promptly interrupted by several security and BJ personnel telling me I was not allowed to do so. After some back and forth, and a telephone conversation with the prospective buyer they allowed me to continue but it left a very sour taste in my mouth.

 

As it should. I have never been stopped from respectfully inspecting any auction car.

 

I don't think you can put a lot of faith in auctions!

 

If its a high profile car a great deal of advanced due diligence can be done but for more ordinary offerings it can be a shark infested pool. Besides, being in this business I know of far too much shill bidding gong on at the big venues.

 

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But.... What's your real opinion on TR values?

 

I looked at the car yesterday. I like the vin plate location. Alot of people dont realize that no matter how glamorous they make the auctions seem, there is a reason alot of these cars are sent to auction.
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Here is another example of a pristine, perfect low mile 328 GTS that is forsale.
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Looks pretty darn rough!


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those are the trs that are 80s k example you get what you pay for ,yes looks very rough curious what seats look like under those covers ,buy the cheapest tr and it will be the most expensive