Here Comes a New Record | Page 4 | FerrariChat

Here Comes a New Record

Discussion in '206/246' started by msdesignltd, Jul 19, 2022.

This site may earn a commission from merchant affiliate links, including eBay, Amazon, Skimlinks, and others.

  1. Edward 96GTS

    Edward 96GTS F1 World Champ
    Silver Subscribed

    Nov 1, 2003
    11,101
    And the Beat Goes On….
     
  2. 375+

    375+ F1 World Champ
    Silver Subscribed

    Dec 28, 2005
    13,885
    Timo chill for crissake. BaT results are unverified because there is no regulatory oversight.
    In person auctions of automobiles have to clear the transactions through a licensed dealer in the state in which the auction is held. The dealer is subject to the oversight of that state and must comply with that state's standards and practices for the sales of motor vehicles. Some states are more stringent than others.(CA, NY, PA are pretty strict--others not so much). Any violations can subject that dealer to penalties and in extreme cases may result in revocation of the license and criminal charges.
    BaT has no such oversight. Even licensed dealers have a degree of separation from their states requirements because the transaction is through BaT. BaT is selling hundreds of cars a week and there is NO regulatory oversight. It is a perfect platform for nefarious players to perpetrate fraud and manipulate a market. I'm not saying that all BaT auctions are fraudulent--far from it--but I believe that some are.
     
    Prancing 12, swift53 and TTR like this.
  3. JAM1

    JAM1 F1 Veteran
    Rossa Subscribed

    Oct 22, 2004
    8,762
    FL, NY, and MA
    Full Name:
    Joe
    As I read your post I thought about responding with how many cars (and artworks for that matter) I've purchased at major auction houses over the years which illustrate my familiarity with the process, or what the fine print of auction catalogues of all of these major houses say about their responsibilities, or how bank references at auctions don't guarantee payment, or why a seller may choose BAT with low sale costs over the percentages taken by places like RM, or why a bidder may toss out a hay maker bid to chase off other bidders, etc but then I thought, "why bother"? The castigation of the venue and no reserve approach haven't been substantiated with anything aside from arm waiving so it doesn't warrant explanation of a position until someone posts something that illustrates actual underhanded activity by the seller/consignor/bidders involved in this particular sale. In fact, it appears your aspersions about the seller may be more about the negative experience you had with them however long ago with the "inexpensive GT car" you purchased than the Dino auction. Perhaps you had/have a legitimate gripe with the dealer representing the sale, but maligning the car or forum/approach of the sale on behalf of the actual owner seems misdirected to me.
     
    Texas Forever likes this.
  4. Marcel Massini

    Marcel Massini Two Time F1 World Champ
    Honorary

    Mar 2, 2005
    25,020
    No idea who Marcel Massani is. Never heard of that guy before. Who could that be?
    However, I do know who Marcel Massini is.

    Marcel Massini
     
    mcimino, Schultz, swift53 and 3 others like this.
  5. Sergio Tavares

    Sergio Tavares Formula 3

    Nov 15, 2018
    1,347
    Full Name:
    Sergio Tavares
    This is reasonable explanation as there are many intended wrong photos in this ad to boost count and confusion but also possible
    1) Two Dinos were in a service and Technician switch panels of two cars
    2) 07826 had accident and used replacement sourced
    3) 07826 prior owner lost panels and used parts sourced
    But you saw SilverArrows go straight away to respond by Personal attacks and Name calling refuse to offer all possible.
    Strange behaviour.


    Also America is only 60% of the wine must contain the Noble grape to be called the varietal so a few wrong panels on a car is still 100% matching?
     
  6. Sergio Tavares

    Sergio Tavares Formula 3

    Nov 15, 2018
    1,347
    Full Name:
    Sergio Tavares
    Yes, you see this is the setup - the next bidder is the mark
    Now we wait!
     
  7. Marcel Massini

    Marcel Massini Two Time F1 World Champ
    Honorary

    Mar 2, 2005
    25,020
    Silver Arrow Cars Ltd. doesn't owe you anything. Zero, nothing. Be realistic.
    Nobody talks about a few wrong panels, not even the factory. That has nothing to do with matching or not. Matching (in the classic Ferrari world) refers to chassis, engine, gearbox, rear axle, and body number. A car can be matching even if it has a complete new body.
    If you are so upset with Silver Arrow Cars Ltd. why don't you just contact them directly? And see what they have to tell you directly and personally? Ask for Mr Tim Quocksister, he's a nice gentleman.
    If you are a qualified and serious bidder/buyer I am sure they will answer all of your questions. After all, they wanna sell a car.
    On the other hand, I fully understand when potential tire-kickers and members of the peanut gallery are being handled differently.

    Marcel Massini
     
    Texas Forever and JAM1 like this.
  8. msdesignltd

    msdesignltd Two Time F1 World Champ
    Rossa Subscribed

    Nov 17, 2003
    20,624
    NYC. / E. Hampton
    Full Name:
    Michael
    THIS : Remember the Old Adage......" Let The Buyer Beware "
     
  9. UroTrash

    UroTrash Four Time F1 World Champ
    Consultant Owner

    Jan 20, 2004
    40,708
    Purgatory
    Full Name:
    Clifford Gunboat
    Wouldn’t it be fun to find 07812 and see if it has the corresponding body panels?
     
    swift53, 375+, JAM1 and 1 other person like this.
  10. mar3kl

    mar3kl Formula Junior

    Nov 17, 2011
    471
    Silicon Valley
    Full Name:
    Mark
    I dimly recall hearing about just that situation a while back. Two Dinos near one another on the assembly line getting some of one another’s panels. This was Italy in the early 1970s, these were just cars, no one cared. We are paying way, way more attention to the quality and correctness of our Dinos than the factory ever did.
     
    racerboy9, Texas Forever and JAM1 like this.
  11. swift53

    swift53 F1 Veteran
    Rossa Subscribed

    Nov 17, 2007
    8,509
    E.S.
    Full Name:
    Alberto
    Mancini :)
     
  12. swift53

    swift53 F1 Veteran
    Rossa Subscribed

    Nov 17, 2007
    8,509
    E.S.
    Full Name:
    Alberto
    Joe, No, I have no "aspersions" whatsoever towards the seller. They're perfectly bonafide, but I will not put my hand in the fire for anyone, in said business,
    as I have no malignancy towards this car / forum / approach of sale. My "inexpensive GT car", was only an example of an issue, not more / less.
    They are only useless remarks that I love to make, specially when I lack the mellifluous and 'vast and enviable experience' you have in the purchasing department:
    i.e.
    "with how many cars and artworks for that matter I've purchased at major auction houses over the years which illustrate my familiarity with the process"

    You are truly my humility role model, a real player and a 'specialist'. Cheers!

    Regards, Alberto
     
  13. Sergio Tavares

    Sergio Tavares Formula 3

    Nov 15, 2018
    1,347
    Full Name:
    Sergio Tavares
    Yes but 07628 has many visible parts departed since restoration - so easy to see the red hazard dash light on console is now missing and did not get installed after restoration. It was there before.
    Many other details shown in Before photos were removed then did not arrive.

    Panels get changed when an accident too, buy the used replacement
    caveat emptor
     
  14. tx246

    tx246 F1 Veteran
    Owner Rossa Subscribed

    Nov 4, 2003
    6,699
    Texas
    Full Name:
    Shawn
    #89 tx246, Aug 1, 2022
    Last edited: Aug 1, 2022
    You have no idea what you were talking about. The vehicle was never in an accident and there were not replacement panels used from another vehicle.
     
    JAM1 likes this.
  15. tx246

    tx246 F1 Veteran
    Owner Rossa Subscribed

    Nov 4, 2003
    6,699
    Texas
    Full Name:
    Shawn
    And the “Red Hazard Light” is a fasten seat belts light. Pretty dumb and easy enough to pop in. I have NEVER SEEN one that has ever worked properly. EVER. Sure, you could make it work, but stupid commentary.
     
  16. msdesignltd

    msdesignltd Two Time F1 World Champ
    Rossa Subscribed

    Nov 17, 2003
    20,624
    NYC. / E. Hampton
    Full Name:
    Michael
    The Restorer is in this Thread...you should address questions accordingly.

    I say it stays at $850 G's
     
  17. tx246

    tx246 F1 Veteran
    Owner Rossa Subscribed

    Nov 4, 2003
    6,699
    Texas
    Full Name:
    Shawn
    Two more bids, $851 and a quick $852 by the bidder who has stood all week
     
  18. msdesignltd

    msdesignltd Two Time F1 World Champ
    Rossa Subscribed

    Nov 17, 2003
    20,624
    NYC. / E. Hampton
    Full Name:
    Michael
  19. UroTrash

    UroTrash Four Time F1 World Champ
    Consultant Owner

    Jan 20, 2004
    40,708
    Purgatory
    Full Name:
    Clifford Gunboat
    So, we have at least two interested parties.

    Will a Dark Horse show up?
     
  20. 74dino246gts

    74dino246gts Karting

    Aug 6, 2004
    126
    Northern California
    Pictures 977 thru 1200 in the listing provide a pretty good indication of the condition of the car before the restoration commenced. Anyone care to comment on what they believe that car would be worth today in its before restoration condition? Final sell price - $331k restoration expense?
     
  21. Prancing 12

    Prancing 12 F1 Rookie
    Silver Subscribed

    May 11, 2004
    2,784
    The long way home

    Another notable difference between BaT and the other more traditional auctions is the fee structure.

    BaT charges the "buyer" a "connection fee", for putting the seller and high bidder together; at that point, their work is done and they've made what they're expecting, with no further vested interest.

    The traditional auction houses have a vested interest in making sure a transaction happens, as that's the only way for them to collect their fees. I'm not saying they're free of some murky tactics, but completely fake or incomplete transactions isn't likely.
     
    375+ likes this.
  22. msdesignltd

    msdesignltd Two Time F1 World Champ
    Rossa Subscribed

    Nov 17, 2003
    20,624
    NYC. / E. Hampton
    Full Name:
    Michael
    Here comes the Climax!
    3 minute mark
     
  23. tx246

    tx246 F1 Veteran
    Owner Rossa Subscribed

    Nov 4, 2003
    6,699
    Texas
    Full Name:
    Shawn
  24. tx246

    tx246 F1 Veteran
    Owner Rossa Subscribed

    Nov 4, 2003
    6,699
    Texas
    Full Name:
    Shawn
    And $858k with BAT fee. What an amazing auction to watch
     
  25. msdesignltd

    msdesignltd Two Time F1 World Champ
    Rossa Subscribed

    Nov 17, 2003
    20,624
    NYC. / E. Hampton
    Full Name:
    Michael
    Similar to real estate that now the land is more important than the value of the house.....Now, the Cars Title is worth more than the actual car or condition!
     

Share This Page