GTS Barn find | Page 2 | FerrariChat

GTS Barn find

Discussion in '206/246' started by KARICOUM, Mar 18, 2018.

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  1. Neelfryer

    Neelfryer Formula Junior

    Jan 11, 2017
    319
    Beverly Hills
    Full Name:
    John
    I bought 07798 right around super bowl Sunday

    it's a Nocciola GTS

    20k original miles - books - tools - jack - great provenance

    i didn't pay 400k

    but i didn't pay 350k either

    I can tell you that I shopped for a GTS on and off for 3 years

    I watched the market swing around a bit - but only a small bit

    from my opinion as a buyer

    there are NOT a lot of cars on the market

    i watched them cool, from the craziness of a few years ago

    but i can tell you i watched them disappear

    i had PPI's done on 2 cars

    those cars disappeared

    my guess is that he wants close to 400k

    my opinion is that it is worth between 300 and 400

    go find another one

    you won't

    make the best deal you can and take it home
     
  2. cnpapa24

    cnpapa24 F1 Rookie

    Jan 19, 2014
    3,630
    NOLA
    Full Name:
    Chris
    Is yours Chairs and Flares?
     
  3. Neelfryer

    Neelfryer Formula Junior

    Jan 11, 2017
    319
    Beverly Hills
    Full Name:
    John
  4. cnpapa24

    cnpapa24 F1 Rookie

    Jan 19, 2014
    3,630
    NOLA
    Full Name:
    Chris
    The car he is looking at is chairs and flares so there should be a premium.
     
  5. NYC Fred

    NYC Fred F1 Veteran
    Silver Subscribed

    Sep 28, 2010
    9,710
    Fort Lauderdale, FL
    Full Name:
    Fred C
    <<my opinion is that it is worth between 300 and 400

    go find another one

    you won't

    make the best deal you can and take it home >>

    Words of wisdom.
    Issue is not what the car is worth, it's what is it worth to YOU?
     
  6. Neelfryer

    Neelfryer Formula Junior

    Jan 11, 2017
    319
    Beverly Hills
    Full Name:
    John
    agree 100%
     
  7. Neelfryer

    Neelfryer Formula Junior

    Jan 11, 2017
    319
    Beverly Hills
    Full Name:
    John

    again just this man's opinion ...

    but i like collector cars but have always stayed in my lane

    which includes corvettes and GTO's and shelbys

    this DINO purchase was a new experience for me

    the most relatable experience was a 1968 shelby KR convertible

    it was a long long time ago - and I was in CA and the car was in NY

    i sent a trusted friend and real car guy to see the car and broker a deal for me

    he passed on my behalf - the car was 36k - i was trying to get it for 33k

    i was actually in europe for work and unreachable

    but when i heard he had passed i was bummed

    he had good reasons - saying that the floors of the car had been poorly replaced and the car would never be a #1 level car

    i understood that - so it wasn't for price he was passing but for overall condition and overall potential

    i tried to re-ignite the deal anyway and the guy had sold the car - for 31k

    funny - i desperately tried to undo that deal by offering more and letting the seller pay the new buyer 1k to break the deal

    no dice

    that car shot waaaaaaaaaay up in value in a few years (this was 2000)

    i always regretted not just buying the car sight unseen

    i knew what it was - it had documentation - it was in the registry

    the condition had some questions but i had seen detailed pics

    36k sounded like a lot of money at the time

    that car is now worth 250k

    my round about point is ...

    there were only ever 518 '68 shelby KR verts ever made and the number of 4 speeds is even less

    this barn find (chairs and flairs on top of it all) - is a real rarity

    you may have to accept that you may be paying for some of its "future value" now

    like real estate

    experts can tell you the "market value"

    but "market value" doesn't account for inventory

    its not like you are comparing 5 1998 porsches and picking the best one for the money

    it sounds to me like you've already bought the car (at least in your mind you have)

    dying for an update with photos
     
    cnpapa24 likes this.

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