Please help to decide to buy or not

If the legal possession of the current owner is verifiably legit then for gawds sake pull the trigger before someone else scoops the deal.
Don't make me come over there !

I'm done here.
Buy the friggen car already.
"You don't make money when you sell...you make money when you buy".

 

Well, I think you answered your own question. If it's hard to sell the car even at 45K, there probably are issues with export as you are finding. So the value is perhaps actually already 'market price.' You either drive in your country and have to send it out far away for maintenance or export and deal with 30% VAT + Transport + PPI.

As I said last week:

 

If you trade your car plus cash to get the Ferrari, then you no longer have a car you can drive in your country due to the condition of the roads, as you state. Will that be ok for you while you try to sell the Ferrari, not having a car you can drive? If you are able to sell it, but at a much lower price, are you ok with making 10K or 15K profit, or possibly even no profit? I certainly wouldn't go through all of that for $15K profit (or whatever it would be), but perhaps that is a lot of money in your country. I doubt you are risking losing the car by naming your country. Probably no one on this site could buy it out from under you and then actually get it out of that country. I don't know, perhaps a non-member who happens to read this thread could snatch it, but it seems doubtful. Any profit could be easily taken away by something missed in the pre-purchase inspection of the car, even at a Mercedes dealer. I take it there are no independent (non-dealer) Italian car mechanics in your area. This idea certainly takes flipping a car to a new extreme! I hope it can work out for you so that you're able to reveal the entire story.

 

+1

 

Interesting thread.

couple of things:

1. I believe your story for what it’s worth. The car actually looks quite a nice example as well.

2. It seems like a lot of risk and hassle based on the profile of the deal as you describe it to put 30k of your own money on the line, even in in an expectation of clearing 15k.

3. The well meaning comments like ‘check for sticky buttons and clutch life’ are kinda funny in the context of this thread; sticky buttons are the least of this dude’s worries.

4. If it were me and I could make the right trusted connection locally I’d be inclined to part the car out or maybe sell it to one of the breakers in the UK. Heck, even the toolkit must be worth a grand.

Just can’t see too many people going for a complete vehicle that’s been through three owners in Russia and that’s taken a detour via (what sounds like) a former soviet satellite state (no offence intended).

If the 430 is anything like the 360, selling a few good condition trim and interior parts (as well as a low mileage motor) could make you your return quicker.

 

any minute the thread will have cute girl pics being sent to big tex.

 

I still think Bulgaria. Maybe Kosovo. Bad places to have a Ferrari. Parting it out is the best idea I have heard, apart from doing nothing at all and moving on

 

Not BG I reckon because it’s in the EU so I don’t think export from there would be such a headache, and there would have to be at least a couple of Ferraris there.

If there’s literally no Ferraris my guess is Georgia, Moldova, Belarus or maybe one of the ‘stans.

Wherever it is, seems like having a Ferrari would be like having a (literal) red target for all kinds of shysters.

This is a fascinating thread. I want to see what happens.

 

Probably here

@paulchua mods can see IP addresses right ?so u likely could find out unless he uses Thor or something


Sent from my iPhone using Tapatalk

 

Andrew, just a note, being a parts reseller from an Eastern European country is not as easy as it sounds. Many of these parts are large/bulky/heavy, and you'll need to think about the logistics end.

Ask yourself, do you really think it's worth it?

Drop 40K for a car, which you'll also need to have the facilities, tools, know how to disassemble. Get appropriate boxes and packaging (protective supplies/boxes/labels). Also, you still have not resolved that parts do not exempt you from customs and duties.

I personally would find another avenue to double my 40K. - in fact, the volatile stock market allowed me to just this (and more) this week.

I didn't have to unscrew a single bolt.

 

Andrew, you are a gentleman. I want to point out that I had approached you skeptically, and you were not only civil but proved me 100% wrong. Stay in touch, and I wish you only the best.