the Ferrari market watch thread | Page 1927 | FerrariChat

the Ferrari market watch thread

Discussion in 'Australia' started by ashsimmonds, Oct 21, 2006.

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  1. simon klein

    simon klein Two Time F1 World Champ Owner

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    ......Or it COULD be to good to be true!

    You could ask Giovanni Milardo to check the bona fides......

    Yeah youse missed out on that one
     
  2. jmillard308

    jmillard308 F1 Veteran Owner

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    Happy to

    Though it reminds me of the Gynecologist - "I'm not very good, but I'll look at it for you" :D
     
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  3. FazzerPorscheman

    FazzerPorscheman F1 World Champ

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    Fixed. [emoji16]
     
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  4. kerrari

    kerrari Two Time F1 World Champ

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    Exactly - which just demonstrates the silliness of putting so much emphasis on where the car was delivered - maintenance over the past 40 years or so is the important thing...
     
  5. greg246

    greg246 Two Time F1 World Champ Owner Silver Subscribed

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    Yup
     
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  6. simon klein

    simon klein Two Time F1 World Champ Owner

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    OK so your first and only and my first Ferrari purchase were very similar: you only wanted what you now have:red GTS, with zero consideration or knowledge of what is now 'de rigueur'..
    Books,tools,history and yes Aussie delivery.....to some folk...both of our cars pretty much had none of any of those.

    My first purchase was similar in as much as I wanted a FEV12COHOS and nothing else and there was nothing else available,same as you.
    Absolutely I enjoyed the sox off it even if it was ratty in a lot of areas.

    Forward to 2008 and I had learnt a great deal in my one year ownership and went down the 'de rigueur' route when looking for the Enzo era car...and succeeded with the 330.

    The ex PP car was a kneejerk,cheap and the only reason I bought was because it was his...and not red! but fluked the Aussie bit,although nil books or tools.

    Marc had a buyer for the 365 at dosh I didn't think it was worth but the buyer did.

    So that's why I went looking for what is now sitting in Marc's shed,and by the time it's finished it will be a hell of a lot more like the description given in the advert.
     
  7. Steve355F1

    Steve355F1 F1 World Champ Owner Silver Subscribed

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    Fair enough, Simon. I have no issue with some people placing importance on Aussie delivered, but I do have an issue with the idea that Aussie delivered automatically means the car is better or more valuable. That is patently rubbish, and this sentence of yours pretty much underlines exactly what I (and Greg, Karen, and several others) have been saying.

    "Marc had a buyer for the 365 at dosh I didn't think it was worth but the buyer did."

    In other words there was a buyer for that car at a decent price whom couldn't have cared less where it was originally delivered.

    :)
     
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  8. greg246

    greg246 Two Time F1 World Champ Owner Silver Subscribed

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    ‘de rigeur’ for whom exactly?

    If Aussie delivered makes you feel happy, good for you. For a lot of us out there, it makes no difference. These are world cars
     
  9. greg246

    greg246 Two Time F1 World Champ Owner Silver Subscribed

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    It’s a cult, truly

    I think part of the motivation is feeling as though you’re part of a select group (Aussie) within a select group (Ferrari). Then add peer pressure and underlying feelings of inadequacy (lol)

    I can quite honestly say that all the non Aussie owners I know are self confident, could not give a hoot what anyone thinks about themselves and bought their cars purely for their own enjoyment.

    Too funny
     
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  10. simon klein

    simon klein Two Time F1 World Champ Owner

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    As I said before,I think it will make a difference down the line with the older cars but not with anything after about 1990.
    Aussie carby cars are becoming fewer (on the open market) ,whether that means they're going to be 'worth' more is to be seen.

    As for:
    The buyer had a budget is what that means,no more no less.
     
  11. greg246

    greg246 Two Time F1 World Champ Owner Silver Subscribed

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    Ok, if it’s not a question of worth, then what is the difference?
     
  12. Steve355F1

    Steve355F1 F1 World Champ Owner Silver Subscribed

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    Lol.
    If I'd bought my car based on what other people thought I should have done I would have bought a worse car, for more money, in a spec I didn't actually want.
    Which is a strange thing to do when you think about it.

    I always thought that if I decided to sell there was bound to be someone out there who would judge it on the merits of the car itself and nothing else.
    And there was. The new owner contacted me less than 24 hours after the ad was placed, bought it within minutes of first laying eyes on it, has already paid for it and will pick it up tomorrow.

    I'm a little sad in some ways but very happy about the result.
     
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  13. simon klein

    simon klein Two Time F1 World Champ Owner

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    As you should know,for carby cars it's very important.
    As an example both the 365's on C/sales are imported and appear not to have tools,as there are no others to compare that to a little difficult to guage. .
    Ian may have some ideas on the discussion.

    As explained it's not just the 'Aussie] but the whole package Greg
     
  14. simon klein

    simon klein Two Time F1 World Champ Owner

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    The pair of you are missing my point.
    It's predominantly the carby cars that I'm going on about with some others included.

    Again look at what's still for sale after a looooooong time ....and I can't believe the 'meeting the market' arguement .
     
  15. Steve355F1

    Steve355F1 F1 World Champ Owner Silver Subscribed

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    I’ll take your word for it, Simon. I have no idea about the older cars.

    But I actually thought it was the older cars where original delivery didn’t matter so much (according to the experts).
    There aren’t very many of them. They are regularly traded between countries. And presumably are bought based on condition and history.

    I thought the conventional wisdom was that it was with the “modern” cars where you’d be crazy to buy an import.
    You know. There’s plenty of them, all the UK ones are rusty HOSs, and the only reason you wouldn’t buy Aussie delivered is because you’re a cheap, clueless idiot.

    I know I’m exaggerating, but there are literally years worth of posts on this website saying pretty much exactly that.
    And no, they weren’t all from Peter.
     
  16. MrGrigio

    MrGrigio Formula 3

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    So funny.

    As you all know, I had an imported Ferrari (ex UK) and Aston (ex Japanese) and both sold for good money and quickly.

    I also came within a whisker of buying a black and gold S3 Esprit Turbo in the UK again very recently.

    I would always buy based on condition and spec.

    The thing is, I think Aussie Delivery is still important - I guess it signifies that the chances of major corrosion (if UK) is lower or a RHD conversion (if from somewhere else) hasn't been performed.

    But if all things were equal, ceteris paribus, you would take the Oz delivered car over a UK car.

    In a market where there is glut of cars, these details WILL matter. And perhaps a lot more cars will come onto the market in the not too distant future. Things aren't pretty out there atm.

    People are hierarchical by nature. So if they feel that Aussie Delivered is important, so be it. Does it command a premium? Yes of course. Would I pay it? No.

    Buy what you want. And if makes YOU happy, let no one tell you otherwise.


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  17. Steve355F1

    Steve355F1 F1 World Champ Owner Silver Subscribed

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    Lovely. You should have bought it. :p
     
  18. greg246

    greg246 Two Time F1 World Champ Owner Silver Subscribed

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    Ok. But how are the two cars in these pics even remotely close to “meeting the market”? They’re way overpriced and won’t sell even if they were both Aussie etc

    And as you know, I sold 3 UK delivered cars very quickly BECAUSE I was right on with the pricing and that’s what this whole discussion re the Aussie thing has always been about. Someone whom shall rename nameless but sold HVAC :D would say “yes, you bought it cheap but you’re in for a world of pain when it times come to selling” Simply not correct

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  19. moretti

    moretti Five Time F1 World Champ Lifetime Rossa Owner

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    I bought my cars because I love Ferrari ............ I think they all came out of the same factory

    I liked my GT4, loved my 308QV and worship the 355 ...... the end :p
     
  20. simon klein

    simon klein Two Time F1 World Champ Owner

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  21. simon klein

    simon klein Two Time F1 World Champ Owner

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    A bunch of us sold our carby cars at sort of the same time,you,Murray and meself,before it all went nutso.
    I had C Smith ring me telling me I should wait 'cos I could get more,I declined.
     
  22. simon klein

    simon klein Two Time F1 World Champ Owner

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    They probably don't and I never intimated that,neither would be of my interest due to the missing bits unless a discount because of that,about $15k,was offered...on top of a more realistic negotiated price.
     
  23. kerrari

    kerrari Two Time F1 World Champ

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    For the record, I had zero interest in the colour of the car, I would have preferred a car with a proper history but there were no carb cars like that to be had in Aus at that time; the Aus delivery thing wasn’t even heard of in those days... it would be interesting to trawl back and see when it first came up here, but it certainly wasn’t a ‘thing’ in 2002.
     
  24. MrGrigio

    MrGrigio Formula 3

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    Simon, I could've imported that partially restored and rebuilt S3 black turbo for about the same money as the asking price of that SA located Lotus Esprit S2. No brainer - I'll take the Turbo which was in much better condition, much faster, better handling and came with the bonus of a pop out glass roof.

    Greg could've imported that lovely prugna Mondial he posted the other week for significantly less than any asking price of a Mondial in Australia - and that includes the UK imports.
     
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  25. MrGrigio

    MrGrigio Formula 3

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    It's always been a 'thing' - I recall seeing advertisements for Porsche in the eighties highlighting the Aussie delivery.

    Its a just a matter of whether you feel its important.
     
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