Are the big auctions a good place to buy a pristine Ferrari? | FerrariChat

Are the big auctions a good place to buy a pristine Ferrari?

Discussion in 'Ferrari Discussion (not model specific)' started by 96redLT4, Jan 12, 2020.

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  1. 96redLT4

    96redLT4 Formula Junior

    Feb 20, 2009
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    California
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    Jim
    #1 96redLT4, Jan 12, 2020
    ....or are they places run by slick car salesmen who can't be trusted any more than the rest of the pack? I am sure there are many on this board who have bought cars in this manner and would love to hear their thoughts. Buyer's fees seem crazy high but there appear to be some great low mile cars available. Is it really possible to get an amazing deal?
     
  2. Meister

    Meister F1 Veteran
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    Apr 27, 2001
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    Duluth, MN
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    The Meister
    #2 Meister, Jan 12, 2020
    Getting an amazing deal on any make car at one of the big auctions is unlikely unless you find a car in the early days of the week that somehow everyone else misses. The appeal of the auction format is you get it right away. Not that it doesn't happen, great deals. An fchatter here got the miami Vice TR a year or so ago at Barrett Jackosn (IIRC) for $100k and promptly flipped it to Europe.
     
  3. Zanny1

    Zanny1 Formula Junior
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    Dec 19, 2003
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    Arizona
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    Mike
    #3 Zanny1, Jan 13, 2020
    No.
    You can't test drive it or inspect it.
    The buyer's premium yields a price on most of them that is way high.
    The only way to do it is know the car's history before it goes to auction.
     

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