What would you pay for a "rebuilt" flood title 812 GTS? | FerrariChat
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What would you pay for a "rebuilt" flood title 812 GTS?

Discussion in 'F12/812' started by colonels, May 16, 2023.

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  1. colonels

    colonels Formula Junior

    Aug 5, 2011
    869
    #1 colonels, May 16, 2023
    I've been watching these guys for years they are amazing at what they do. Recently they did a flooded 2021 812 GTS. This car was sold on Coparts for 290k. As I understand it the title will always have some rebuilt or reconditioned title and of course carfax will have the entire history so they aren't trying to hide it. In fact their repair videos show how little, if any, damage really occurs to these insurance complete losses. Research indicates roughly 30% discount off a no-story car. What would you pay?

     
    Texas Forever likes this.
  2. spyder625

    spyder625 Formula Junior

    Jun 16, 2017
    727
    NJ
    Full Name:
    Mike
    #2 spyder625, May 16, 2023
    great question - is it for sale??
     
  3. jamie140

    jamie140 F1 Rookie
    Rossa Subscribed

    Oct 17, 2004
    3,238
    GTA/Marco Island, fl
    Full Name:
    Jamie
    #3 jamie140, May 16, 2023
    Nothing. Zero.
     
    350MH83 and dcmetro like this.
  4. SirTony76

    SirTony76 Formula Junior

    Jan 18, 2004
    301
    MN
    #4 SirTony76, May 16, 2023
    I think your 30% off the going market rate is about right but if you are seriously considering buying a flood car make sure you fly out and see it in person before writing the check. Even if everything checks out it will be significantly harder to sell should you ever get to that point
     
  5. Texas Forever

    Texas Forever Eight Time F1 World Champ
    Rossa Subscribed

    Apr 28, 2003
    85,594
    Texas!
    #5 Texas Forever, May 16, 2023
    Keep in mind, you’ll never be able to sell for what you paid. Salvage title Ferraris only make sense for professionals.


    Sent from my iPhone using FerrariChat.com mobile app
     
  6. 3POINT8

    3POINT8 F1 Veteran
    Rossa Subscribed Silver Subscribed

    Jan 23, 2014
    5,175
    #6 3POINT8, May 16, 2023
    I would need like 70% off or something crazy.
     

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