What Happened with Dino Values!!! | Page 31 | FerrariChat

What Happened with Dino Values!!!

Discussion in '206/246' started by 4CamGT, Mar 23, 2022.

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  1. TTR

    TTR F1 Veteran
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    Timo
    Sadly, this is and has always* been a common issue in the world of vintage cars, much more than most realize or wish to admit.

    Countless people acquire exotic or vintage cars every day thinking or fooling themselves and/or others to believe it’s something they've “always”(?) wanted and/or believe having one (or more) will somehow make them cool and/or earn them some respect(?), but without adequate due diligence or previous experience/exposure, they often end up realizing it really isn’t what they had expected (or afford), although most dispose theirs more discreetly than this one to avoid public embarrassments.

    Happens every day.
    Just look at the countless people who join countless(?) forums (like this one) to "share" the excitement of their newly acquired pride & joy, only to eventually stop sharing/posting anything after the excitement wears off & realities set in.

    *At least in past +/-45 years I've been involved with all this.
     
  2. TTR

    TTR F1 Veteran
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    CORRECTION (& apologies for my above mistake/oversight):
    A friend notified me earlier that the odometer/speedometer in this car is indicated in kilometers, so the actual MILES accumulated between acquisition in July 2023 and current sales listing is only about 225 (= 363 kilometers), although same 32995 KM odometer reading was already shown in July 2024 listing.
     
  3. tx246

    tx246 F1 Veteran
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    I missed this.

    Definitely sold when I reported it, it sold as a trade but at FULL price.

    Only guess I have in the delay is there was another one not offered publicly, but I can’t say.....

    Regardless, the market moves on......

    The market isn’t the same as it was 5 years ago. Is anything?
     
  4. 375+

    375+ F1 World Champ
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  5. swift53

    swift53 F1 Veteran
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    He is not interested in selling. No driving video, even a Granny one, no compression, etc...

    Just playing the market, cheap advert? Have plenty of observations for free instead of a PPI,
    or done by a modern Ferrari dealer, that has never seen a Dino, and all they did was raise the car checking for asst. tidbits that you would do on a Yugo.

    Or, the nice fellow that went and waxed eloquently how great the car is. He is not an expert, but really nice. Nice does not make an educated inspection.

    To me a very peculiar seller that buys a non AC car for Miami, or there-a-bouts, and then changes his mind.
    The most unjustifiable points, are fans sticking out, as they did in the previous sale, and not notice? Kid could get hurt :rolleyes:

    Will never make reserve, unless he is willing to take a Polar Bear bath. Now, at this price level, a TERRIFIC BUY AND A GREAT CAR.
    Euro to boot :)

    Regards,
    Alberto
     
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  6. swift53

    swift53 F1 Veteran
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    Gave the car away.
    :rolleyes:
     
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  7. waverider1

    waverider1 Rookie

    May 12, 2023
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    I think that is a fair price for that car. Took $10k less than RNM last time, looks like he was just ready to move on.
     
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  8. TTR

    TTR F1 Veteran
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    Whenever I see these kinds of low mileage, short term ownerships, I can't help but wonder what is the average mileage cost on them ?
    So considering there likely were other incidental purchase, ownership & sales expenditures involved and rounding them up slightly, each driven mile ended up costing at least +/-$275.00, but probably more. Hopefully worth it.
     
  9. swift53

    swift53 F1 Veteran
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    I agree, but not at such a low ball result.
    Merry Christrmas!
     
  10. 375+

    375+ F1 World Champ
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    +1 agree although ending on Christmas Eve was not a positive.
     
  11. TTR

    TTR F1 Veteran
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    So, who was the "loser" and who was the "winner" in this transaction ?
     
  12. swift53

    swift53 F1 Veteran
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    Timo, under that perspective, neither, as each had the power to decide. You want to buy, I want to sell. Done deal.

    Happy Holidays.
     
  13. TTR

    TTR F1 Veteran
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    That's exactly how I've always looked at any sale transaction, but wish to learn and understand perspectives of those "market experts" who often here make comments like "Well bought ", "Well sold" or "Should've sold at that price", etc, ad nauseam.
     
  14. swift53

    swift53 F1 Veteran
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    #764 swift53, Dec 24, 2024
    Last edited: Dec 24, 2024
    They (we) are not market experts. No one is, just approximators... Just look at the forecasted estimates before and after huge auctions of equally huge cars,
    and they are (were) completely out of the 'ballpark', either +/-. Try to get as much as possible, that's the bottom line.

    No?
    Sorta goes like this: "how much do you want for your 246275365348330GTB/4/2 TR BB LM HRH (fake)? "

    "X, so much, well, I'll offer this" No?

    Then go somewhere else. That is the meaning of "Well bought ", "Well sold".

    I do that every day (week) in my business, and it can drive you crazy.

    In the instance of this Dino in question, we collectively have no idea, as not enough info. was provided, and was it it a good buy, sale? No idea. A previous 'drive by'
    and a report by a F. Dealer that had no clue, and a fellow named bubba that foamed at the mouth unwittingly, still a very nice guy. Did he bid? NO.
    Did he have a 'seat in the game? '. Who knows.

    The 2 cars I bought on BaT, one was a steal, the other one 1/2 a lemon, but was kindly addressed by the seller under the menace of not very kind publicity.
    I would never buy anything at an auction, unless I have an unfair advantage, and you figure out what that may mean.

    People tend to:
    A. use previous sales as reference, market elasticity, volatility, mood, etc.
    B. Just make up a number, and see how it goes.
    C.
    D.
    Z. Ad Nauseam

    Regards,
    Alberto

    PS. as an inane reference just take a gander:

    https://www.ferrarichat.com/forum/threads/coffee-table.701269/#post-149943818

    What the market will bear, right?
     
  15. swift53

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    #766 swift53, Dec 31, 2024
    Last edited: Dec 31, 2024
  16. TonyL

    TonyL F1 Rookie

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    Same here, so much for Aussie's sophisticated technology.
     
  17. waverider1

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  18. swift53

    swift53 F1 Veteran
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    So, I cannot even make an 'offer' ? Oh no....
    They will not even open the offer I guess :rolleyes:
     
  19. swift53

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  20. Mark Shannon

    Mark Shannon Formula 3
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    It bores me so much. I often give up reading immediately and move on.
     
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  21. GermanDino

    GermanDino F1 Rookie

    Aug 14, 2007
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    lovely exterior colour....
    the Daytona style seats aren`t original...
    interoir was original blue vinyl
    great colour combination!
     
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  22. 375+

    375+ F1 World Champ
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    The first Dino that I saw in the flesh was Azzurro Dino--still a favorite of mine.
     
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  23. Sergio Tavares

    Sergio Tavares Formula 3

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