275 GTS | FerrariChat
Buy

275 GTS

Discussion in 'Vintage (thru 365 GTC4)' started by yellowmz3, Aug 28, 2005.

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

  1. yellowmz3

    yellowmz3 Rookie

    Aug 18, 2005
    12
    #1 yellowmz3, Aug 28, 2005
    Why is it that when you look at the Market Letter, and other sources for average prices for these cars they're way off (much lower) than what the dealers offer the cars for, and whay you'll truly end up paying?
     
  2. Miltonian

    Miltonian F1 Veteran

    Dec 11, 2002
    5,966
    Milton, Wash.
    Full Name:
    Jeff B.
    #2 Miltonian, Aug 28, 2005
    Is it possible that there is confusion somewhere between the "normal" 275GTS and the NART 275GTS/4 Spider?
     
  3. bobleb

    bobleb Formula 3

    Mar 9, 2004
    1,258
    Las Vegas, NV
    Full Name:
    Bob Lebenson
    #3 bobleb, Aug 28, 2005
    I wouldn't think that's the case. There is such a staggering difference between the two that it would be hard to confuse.

    The current FML index (which I've found to be low, as I've said before) shows about $201K for a 275 GTS. I think the one that was sold in Monterey went for about $253K (and that was a good deal).

    The NART sold at Goodings went for nearly $4 million. Because of the rarity of those cars, FML doesn't even show them on its Index.
     
  4. prance

    prance Formula Junior

    May 4, 2005
    513
    Agoura Hills
    Full Name:
    morris
    #4 prance, Aug 28, 2005
    FML prices are always low and no-one seems to be able to explain it. Maybe they are looking backwards 6-12 months. Cavallino is much closer to actual prices and seem much more current.
     
  5. El Wayne

    El Wayne F1 World Champ
    Staff Member Lifetime Rossa Owner

    Aug 1, 2002
    18,069
    San Marino, CA
    Full Name:
    L. Wayne Ausbrooks
    #5 El Wayne, Aug 28, 2005
    Morris, the best explanation so far:

    http://www.ferrarichat.com/velostrada/

    Click on "Archives," "July 2005" and then "Market Guide Madness."
     
  6. synchro

    synchro F1 Veteran

    Feb 14, 2005
    9,294
    CHNDLR
    Full Name:
    Scott
    #6 synchro, Aug 29, 2005

    I would love to read this article but having difficulty locating it witrh the above instructions. When I select "Archives" from the top menu bar I see only two items

    VELOSTRADA ISSUE NUMBER ONE

    VELOSTRADA ISSUE NUMBER TWO


    If I then select the "Archives" from the top menu bar on THAT page I see
    MONTHLY COLUMNS

    but no "Market Guide Madness", just
    Welcome to Velostrada

    ED’S FACT-FREE DIET – Edwin K. Niles

    MERCATO AUTO STORICHE – L. Wayne Ausbrooks

    Competizione Daytonas from $300,000 to $2,000,000

    Pay to Play or Walk Away

    MAKING THE TURN – A Revolving Editorial

    Buying Your First Ferrari Written by Erik C. Nielsen

    Second Chances Written by Matt Lemus

    Analysis Paralysis
     
  7. El Wayne

    El Wayne F1 World Champ
    Staff Member Lifetime Rossa Owner

    Aug 1, 2002
    18,069
    San Marino, CA
    Full Name:
    L. Wayne Ausbrooks
    #7 El Wayne, Aug 29, 2005
    Sorry! I can't actually access Velostrada from work (firewall!), so I couldn't provide a direct link and was giving instructions from memory. My mistake is that you should select "Issue Number Two" and not "July 2005." "Market guide Madness" falls under the Mercato Auto Storiche column.
     
  8. synchro

    synchro F1 Veteran

    Feb 14, 2005
    9,294
    CHNDLR
    Full Name:
    Scott
    #8 synchro, Aug 29, 2005
  9. dry4re

    dry4re Formula Junior

    Mar 29, 2005
    487
    AZ
    #9 dry4re, Aug 29, 2005
    i believe the fml uses a rolling (no pun intended) model and therefore lags the actual market. Having said that, it has only been the last six months where prices have really jumped. 275GTS' could be had with little difficulty forever at $175 and it was rare to see one cross the $200k mark - now that seems to be a floor. the same is true for 330 GTS - i sold mine (which was platinum) for 265k in jan '04 and now you can't find anything decent under $300k. Sports Car Mkt prices are also way low.
     

Share This Page