CLASSICHE RED BOOK QUESTIONS

Let me say this from the outset, I've never been a big proponent or advocate for the "red book" process. However. I often wonder whether or not it really adds value to the car at the time of sale. At any rate, does anyone know whether or not the presence of MSD boxes is an immediate disqualification? Ditto the presence of Spal fans, clearly added later. Or is the process more arbitrary and capricious, depending on whether or not the inspector had a good night before the inspection.

thanks Steve.
(sorry, I cross posted this to get as many answers as possible. s)

 

Correct ignition components are a specific item listed and a photograph included in the book.
Not sure on the fans.

Its a plus for some people, not for others. Not sure it has ever added a dollar to sale price but if a car is certified the selling agent never ever fails to bring it up.

 

Thanks so much..... I called Ferrari of Houston and the requirements are onerous. Almost $15,000 in upfront coss plus the car stays at the dealer for 2 to 3 months while they mess around with stuff. They also assemble and disassemble components of your car. Just one more chance for something else to happen that wouldn't have happened otherwise. I will probably continue without one. Thanks, Steve.

 

Nonsense. If you decide to do it, call me.

 

thanx, Brian. Will do when I get a moment. best, steve

 

i had both my 275 and daytona "red booked" -the cost was nothing like that and the only thing they took apart was the air cleaner to see the carbs..and the wheel so they could look at the brakes, as far as I know. I also think it is not worthwhile except as the finishing touch.

 

thanx for the advice. s

 

I have had cars that the factory asked for door panels and the surround around the windshield removed as well as removal of the grill and radiator for pictures. They wanted to see the signatures on the back of the interior panels and one car had been converted from a 4 headlight car to a 2 headlight car due to an accident and that was visible from underneath once disassembled. Not always but the factory can ask for some pretty strange items.

 

Steve: Take two aspirin and lay down until the feeling passes.

 

I've yet to hear or see any evidence of Classiche Certification actually providing added value when selling a car or even making it sell easier/faster.

I mean has anyone had a (vintage ?) Ferrari without a Red Book openly for sale with no interest or takers, let's say, for a year or longer and then a potential buyer shows up with a cash deposit in hand and says "I'll pay your full asking price & associated fees if you get it certified first. In the mean time, here's my deposit !" ?

 

DWR46 refreshing to know that you have not changed your mind since we discussed this 10 years ago or so. Best, Steve.

 

That is exactly what I fear! Some young Ferrari tech who doesn't know a carburetor from a brake disc, pawing all over my Daytona. I'm certain that I easily meet the psychiatric definition of paranoid, but I am very uncomfortable with anyone else touching my car other than someone I know while I stand there. I'm not even a mediocre mechanic, but I am very careful. I treat my cars in a sympathetic manner. It would be impossible for me to leave my Daytona at the dealer for two or three months under any circumstances. Shoot me first. s

 

Keep in mind that a Red Book needs to be "maintained" as well. If your car was certified back in 2014, your Red Book is of no more value now than if the car was simply new in 2014.

 

Yes, it's only a snapshot in time hence my reluctance to fool with it. However, as a stockholder in Ferrari (RACE), I want them to make as much money as theycan, just not off of me! s

 

lol

I'm a shareholder as well. I bought on the morning of the IPO and it has not been a regret.

 

I´m also a shareholder and like the share much more than the red book

what please is IPO?

 

Initial Public Offering I guess (stock exchange introduction).

 

I was a little later to the RACE party, but still have managed to make a few lira. s

 

I bought some at IPO price and some more around 90....but not enough to matter in the real world, just to have fun.
Still up is better, right?

 

I bought about 70 shares during the IPO.

It is a nice value now but I don't want to ever sell it so it's like house equity if you are never moving. It will be someone's inheritance one day. Not enough to retire on but a nice bonus for them.

 

I wasn't that smart that soon. However as my old man said, "you'll never go broke making a profit" s

 

Value is in the eye of the buyer.
The presence of MSD boxes is an automatic disqualifier.
As would aftermarket fans if / when visible in photographs.
The process is the same for anyone performing it, now that the process has been automated via online portal, photo examples provided must be replicated, and information must be inputted, then submitted for review.

Daytona Classiche prices have increase, as have other models, over the past several years.
Inspection cost will vary as well depending on the shops hourly rate, etc.\
2-3 months, yeah, no... 2-3 business days... and 5 days is the longest I have seen it take in the past 12-18 months
Disassembly would be limited in my experience, but that's not to say something may come up, if SpA has questions of authenticity.
Is there anything "special" about your Daytona that may come up?

I absolutely HAVE had buyers request a Classiche inspection be performed. One transaction, it was in additional to a
Pre Purchase Inspection as a condition of purchase. With the agreement that they buyer would pay all costs when Classiche approved the application.

As a buyer, with side by side vehicles, the only variable being one had the red book, the other did not, which would you choose? Why?

Steve

 

The less expensive one.