1967 Ferrari 275 GTB/4 by Scaglietti at RM Sotheby's | Page 3 | FerrariChat

1967 Ferrari 275 GTB/4 by Scaglietti at RM Sotheby's

Discussion in 'Vintage Ferrari Market' started by rob lay, May 20, 2024.

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  1. Rifledriver

    Rifledriver Three Time F1 World Champ

    Apr 29, 2004
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    I find that remarkably unsurprising for many reasons actually. For one thing I suspect they have accurate records for every single car they ever built so they have no need to lie about it.
     
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  2. DWR46

    DWR46 Formula 3
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    FYI, Ferrari dealers are now being pressured to do at least one certification per month.
     
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  3. turbo-joe

    turbo-joe F1 Veteran

    Apr 6, 2008
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    romano schwabel
    bad handling from ferrari I only can say
    but that is why so many cars are certified even a lot of not original :(
     
  4. Rifledriver

    Rifledriver Three Time F1 World Champ

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    There is also considerable pressure to refer cars to Classiche in Maranello. Very surprised it is only one a month. Considering how slow Classiche is in processing applications how long do you suppose the backlog is?
     
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  5. Rifledriver

    Rifledriver Three Time F1 World Champ

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    The dealers just turn over pictures and descriptions. Maranello decides if it is correct or not.
     
  6. Marcel Massini

    Marcel Massini Two Time F1 World Champ
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    Mar 2, 2005
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    Dyke

    Sorry to disagree. That might be the case in USA but certainly not in Europe.
    I just checked with official dealers here.

    Marcel Massini
     
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  7. DWR46

    DWR46 Formula 3
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    Marcel: My source is a Midwest dealer.
     
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  8. JAM1

    JAM1 F1 Veteran
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    I’ve been told the same thing by US dealers.
     
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  9. JAM1

    JAM1 F1 Veteran
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    The amusing part of referring cars to Classiche is that they don’t always do the restorations themselves anyhow. Depending on the car they’ll sub it out at a nice 100% markup for the facilitation.
     
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  10. Rifledriver

    Rifledriver Three Time F1 World Champ

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    No question. And some subcontractors are in the US. The same US that according to them does not know how to do it correctly. Its a service for those easily duped, easily pleased or who have other motivations entirely. A number of years ago a 330 GTS I know was restored by them at an eye watering price and the quality of the job was pretty embarrassing. They did not even try to replicate the sun visors. But the owner was happy because it earned him a higher spot to get future special cars. Or at least thats what he was told. Everybody's needs were met.
     
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  11. Texas Forever

    Texas Forever Eight Time F1 World Champ
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    Apr 28, 2003
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    Texas!


     
  12. rob lay

    rob lay Administrator
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    Dec 1, 2000
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    As everyone knows I'm outspoken about everything, I have been critical almost monthly about Ferrari and even dealers. However, I'm a fan of the red book even for "5-digit cars". I think it is worth it, a beautiful book that you can keep with the car for shows and when you sell. It got me free $3k+ tickets into Casa Ferrari, which almost pays for the red book itself. If even I have enjoyed it for the 328 and 355, I think those with 6 and 7+ digit cars certainly will get value out of it. My only critique would be having to pay the dealer to swap my Tubi and original exhaust then back to Tubi when I owned the original and I had it sitting next to the car. Also how I paid full price and within just a year our dealer was doing red books for 355's thousands less.
     
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  13. Rifledriver

    Rifledriver Three Time F1 World Champ

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    Everyone values it differently. We have one for the TR because a dealer wanted it for a presentation of the process and it only cost me the Ferrari Spa portion of the fee. Or about half. I just cannot understand for the life of me why the program causes so much angst. Its a product. Like any other. Ferrari is in a position to use their information to collect a fee. Its the duty of every corporate officer to utilize every company asset to best benefit the share holders. Don't like it, don't buy it.
     
  14. Edward 96GTS

    Edward 96GTS F1 World Champ
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    Nov 1, 2003
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    its a widely misinterpreted product.
     
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  15. Texas Forever

    Texas Forever Eight Time F1 World Champ
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    I wouldn't.
     
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  16. Rifledriver

    Rifledriver Three Time F1 World Champ

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    By who? And how so? Most of the misrepresentations I hear are from people who dislike it and know little about it. I am not defending the product, in most cases I think it has very little point but I have heard very little misrepresentation by Ferrari themselves. Many people who sell it and have something to gain misrepresent it but that is not Ferraris doing. Thats like blaming Ferrari because a dealer lied to you about a used car. You want to see misrepresentations, watch TV commercials and that very often hurts those that can least afford it so why dont you show the same outrage towards that?

    Its like any other product, don't like it, don't buy it.
     
  17. Rifledriver

    Rifledriver Three Time F1 World Champ

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    I don't like diamonds. To me they look like a handful of broken glass. They have very valid industrial uses but beyond that for the life of me I cannot understand why people buy them. Its a terrible investment because it is such a manipulated market. There are so many in storage the market could be crushed tomorrow except for the producers willingly going along with that market manipulation. Talk about a misrepresented product. So, why no widespread angst about this worthless product? Because people want it and who am I to say its stupid?
     
  18. DWR46

    DWR46 Formula 3
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    Brian: Classiche's misrepresentation is in claiming a Red Book certifies the car is like it was when it was built. For many early Ferraris, this is just not true because they lack the knowledge and records as to how the cars were actually built. Yes, I have direct personal experience with this situation on multiple cars. Ferrari would have been far better and more truthful had they taken the approach other manufacturers have done in that they just provide what information they have about the origin of the car and make no judgments as to how the car exists today.
     
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  19. Rifledriver

    Rifledriver Three Time F1 World Champ

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    #69 Rifledriver, Jun 5, 2024
    Last edited: Jun 5, 2024
    I have never once had that misrepresentation. I know I have seen many of their restorations that have been quite a ways off the mark. Only Stevie Wonder could miss that. But I have never seen or heard of them making such a blanket statement of the certification process. Only that equipment, components and specifications were correct. They have always gone out of their way to state it is in no way a concours like in depth declaration the car was in all ways as original. That is not from local representatives.

    I am aware of a number of cars, a specific 206 SP comes to mind of a car without all correct componentry being certified with notes in the book covering and stating what was incorrect. I think they are far too flexible on that, but that also has varied a great deal over time depending on who was on the acceptance panel at the time.

    Again, most of us know their records are far less accurate than they claim but the fact remains its a product most, at least for the Enzo era cars are purchasing willingly, knowing that.
     
  20. ggjjr

    ggjjr Formula Junior

    Nov 11, 2003
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    The problem is when they require it for entering an event, etc. Then it isn't a product, it is blackmail.
     
  21. TTR

    TTR F1 Veteran
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    Of course it isn't "blackmail".
    If Ferrari (or anyone else) is hosting an event, they can set whatever entry, i.e. invitation, requirements they want.
     
  22. Rory J

    Rory J Formula 3

    May 30, 2006
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    I had understood that Red Book certification needs to be renewed every so often at additional cost (maybe every two years?). If certifications lapse for too long, the certification is no longer valid and needs to be started from scratch.

    This 275's Red Book was issued in 2012 and there is no mention of subsequent certification renewals. Potentially it is worthless.
     
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  23. DWR46

    DWR46 Formula 3
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    Rory: MOST new buyers in this market are not aware of this nuance to the certification process. They think the "Red Book" will guarantee them a "perfect" car. Personally, I am not aware of anybody re-certifying their car, though I am sure there are some suckers out there.
     
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  24. DWR46

    DWR46 Formula 3
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    Rory: MOST new buyers in this market are not aware of this nuance to the certification process. They think the "Red Book" will guarantee them a "perfect" car. Personally, I am not aware of anybody re-certifying their car, though I am sure there are some suckers out there.
     
  25. miurasv

    miurasv F1 World Champ

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    #75 miurasv, Jun 5, 2024
    Last edited: Jun 5, 2024
    This has been discussed a number of times over the years about the Classiche Certification needing to be renewed. Certification is only good until it leaves the authorising Classiche Centre as people even borrow parts just to get the car certified. We've even had FChatters asking to borrow parts on here for the purposes of a Certification. Of course there are genuine people who get their cars Classiche Certified too, so it's a case of always buy the seller.
     
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