308 + $ = Testarossa | FerrariChat

308 + $ = Testarossa

Discussion in 'Ferrari Discussion (not model specific)' started by rebirthauto, Jan 8, 2008.

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  1. rebirthauto

    rebirthauto Karting

    Mar 25, 2007
    161
    Saint Petersburg, FL
    Full Name:
    Sebastien
    After a dissapointing auction, I am most dissolusioned with ebay, and therefore am offering my 1987 TR to anyone with a creative trade in mind.

    The expired listing containing my apparently far too honest depiction of an otherwise great car is here:

    http://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&ih=010&sspagename=STRK%3AMEWA%3AIT&viewitem=&item=200188068293&rd=1


    While the thread detailing the car's condition is here:
    http://ferrarichat.com/forum/showthread.php?t=179452

    Please do not hesitate to run any crazy idea past me.
     
  2. rebirthauto

    rebirthauto Karting

    Mar 25, 2007
    161
    Saint Petersburg, FL
    Full Name:
    Sebastien
    After a dissapointing auction, I am most disillusioned with ebay, and therefore am offering my 1987 TR to anyone with a creative trade in mind.

    The expired listing containing my apparently far too honest depiction of an otherwise great car is here:

    http://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&ih=010&sspagename=STRK%3AMEWA%3AIT&viewitem=&item=200188068293&rd=1

    While the thread detailing the car's condition is here:
    http://ferrarichat.com/forum/showthread.php?t=179452

    Please do not hesitate to run any crazy idea past me.
     
  3. regisgtb4

    regisgtb4 Formula Junior
    BANNED

    Mar 20, 2007
    463
    tx
    Full Name:
    willis
    TRs are awesome but our roads ARE police states,and your car is just too fast,a ny 308 is more fun to drive between 20 and 90mph and I have thought about trading my euro308 for a TR for years but your car isnt more fun.Your video was OK,but where was the 170mph? In your video your car didnt look any faster than mine,308s pass SUVs like they are standing still,but what about those gas tanks? TRs are heavy on feul and insurance,parts are 2X to 7X as much and from a 308 owners perspective they SUCK. TRs are awesomebut......
     
  4. Rv5

    Rv5 Formula Junior

    Dec 22, 2005
    333
    Full Name:
    Ross V
    55k seems really good to me. thats just a shade higher than the best 308s, in a body style ive always loved, and probably close to twice the performance (well acceleration anyway)
     
  5. rebirthauto

    rebirthauto Karting

    Mar 25, 2007
    161
    Saint Petersburg, FL
    Full Name:
    Sebastien
    i just drove my friend's euro 308QV, and honestly, the interior, maneuverability, and maintenance are definitively plusses for the 308, but as far as power and sound are concerned, we're not playing on the same field. Seems to me that right off the line you're close, but that's about it. i love these 308 for what they are, much the same way i love the TR for what it is.

    BTW collector insurance should not be much more (20+ year old car), and cruising fuel economy is not bad at all, but obviously, it's no corolla and ultimately who are we kidding here with fuel economy on a ferrari site.
     
  6. jester1

    jester1 Karting

    Jul 24, 2004
    68
    Toronto
    Dont worry about being honest. Ive learned Id rather wait for the right buyer than lie to sell it quick. Thats just me, Im the kinda guy that would loose sleep over the tiny white lie.

    p.s. thanks for the video of the 275 run. Havent made my way down in about a year, video gave me my fix for now.
     
  7. Lee in Texas

    Lee in Texas Formula Junior

    Oct 21, 2006
    685
    near Austin, TX
    Full Name:
    Lee
    OK. Two 1988 Mustangs, a POS 1995 Olds, a 1985 FJ1100, and $600 a month until it's paid off. (You did ask :) )

    But seriously- if I had it right now, I'd buy your car. Need to save a bit longer.
     
  8. JAYF

    JAYF Formula 3

    May 13, 2006
    1,140
    Westchester, NY
    Full Name:
    Jay
    "shade higher"= 25k?????????????????????????????????
     
  9. Rv5

    Rv5 Formula Junior

    Dec 22, 2005
    333
    Full Name:
    Ross V
    well the best 308s ive seen, 84-85 QVs in mint, have been upwards of 50k. This testa is going for 55, so yeah, a "shade higher" i would say.
     
  10. JAYF

    JAYF Formula 3

    May 13, 2006
    1,140
    Westchester, NY
    Full Name:
    Jay
    Asking and selling are 2 different numbers - show me someone who paid 50k and I will show you a fool. They barely make 40k.
     
  11. Rv5

    Rv5 Formula Junior

    Dec 22, 2005
    333
    Full Name:
    Ross V
    there was one at marshall goldman that was advertised for 49 that sold. maybe in the end it went for 47 or something. i see a lot of advertised in the high 40s, but true asking and getting are two different stories. a lot of other members here though seem to think the good ones are cresting 50, least from what ive read.
     
  12. sparta49

    sparta49 F1 Veteran
    Owner

    Mar 3, 2001
    7,804
    LA
    Full Name:
    Frank
    He said the best. A average qv is a $35,000 car. A very nice low mileage car would bring $40 - $50 . By very nice I mean GENUINE under 10K miles 100 point car.
     
  13. MS250

    MS250 Two Time F1 World Champ
    Lifetime Rossa

    Dec 10, 2003
    26,571
    Full Name:
    Avvocato
    so whats the offer then ?
     
  14. GrigioGuy

    GrigioGuy Splenda Daddy
    Lifetime Rossa Owner

    Nov 26, 2001
    33,103
    E ' ' '/ F
    Full Name:
    Snike Fingersmith
    The buyer that's in the market for a 100 point car wouldn't be looking at that TR (no offense to the seller). A 308 in similar shape would be in the 30s
     
  15. rebirthauto

    rebirthauto Karting

    Mar 25, 2007
    161
    Saint Petersburg, FL
    Full Name:
    Sebastien

    I did ask, and I do like those FJs, but after a long resuscitation of a rotting 1971 MACH1, i am now officially off the stang wagon... for good. i thank you for the offer.
     
  16. bpu699

    bpu699 F1 World Champ
    Owner Silver Subscribed

    Dec 9, 2003
    17,684
    wisconsin/chicago
    Full Name:
    bo
    I would assume that selling a Testarossa will take 6 months to a year. These cars just take a long time to sell, its the reality of it.

    Also, white cars are a much harder sell (PS. I have a white Testarossa and love it). Mine sat at the dealer for well over 1 year before I bought it. A red POS sold almost immediately.

    The the question comes up, what is your car worth without a major? The last batch of white testarossa's I saw sell on EBAY were sold at around $53,000-55,000 with a major within 2-3 years of sale.

    I paid around $53,000 for mine, with 9000 miles, and a recent $20,000+ major, from a dealer. The red ones were $10,000 more. I keep reading that "good" testarossa's are $65,000+ cars, yet they hardly seem to sell for that.

    I really hope you get $55,000 for your testarossa. It looks beautiful. Reality is, with the issues you mentioned and no major, I suspect $55,000 will be a hard sell unless you are very patient.

    Good luck!
     
  17. johng

    johng Formula 3

    Oct 23, 2004
    2,298
    northern va
    Full Name:
    john g
    i found it difficult to sell my 1st testarossa as well. i gave up after a while and traded it in to the dealer. it was red/tan. these cars have a bad maintenance rep, so they are not easy to sell. be patient or be prepared to sell at a low price.
     
  18. rebirthauto

    rebirthauto Karting

    Mar 25, 2007
    161
    Saint Petersburg, FL
    Full Name:
    Sebastien
    Thanks you. Actually, major was performed 3 years ago (that is 3.5K miles ago), and that is why i am discouraged with the ebay crowd, because i know that the TR on there for sale, that are described as anything less than concours, are no better than mine; they are just described "enthusiastically".
     
  19. rebirthauto

    rebirthauto Karting

    Mar 25, 2007
    161
    Saint Petersburg, FL
    Full Name:
    Sebastien
    I actually had the reserve set at 49K!
     
  20. spiderseeker

    spiderseeker Formula 3

    Jul 22, 2005
    1,718
    Colorado
    Full Name:
    Steve
    Don't forget that an AVERAGE 308qv at Barrett Jackson went for $52k last year. It was far from a low mileage 100 point show car. (Wrong wheels as I recall too)
    Prices are rising for nice examples.
     
  21. Rory J

    Rory J Formula 3

    May 30, 2006
    1,133
    I think the reality may be that a white TR with that many miles, needing some misc mechanical and cosmetic attention and a major is probably only worth in the low $40's. Might be best to just take that offer. Especially when it is doubtful that the car is even street legal due to emissions in most (if not all) states. It's a little hard to get fired up about bidding on a car you can't legally drive. I'd at least get the thing smogable so potential buyers can at least drive it. In CA you can't even legally sell a car without current smog, unless it's for parts (although I know CA emissions regulations are a bit more stringent than many other states). And signed by a Miami Vice star? Not a selling point to most of us, but rather a little tacky.

    All this goes double when perfect cars of similar vintage that currently need nothing are under $60k.
     
  22. rebirthauto

    rebirthauto Karting

    Mar 25, 2007
    161
    Saint Petersburg, FL
    Full Name:
    Sebastien
    I've got both the air pump and original exhaust in a box for anyone with emissions on their mind. Additionally, I dare you undermine the Great Tubbs, the patron Saint of all Sockless Loafers Wearers, and just for this trangression I wouldn't even consider selling you the car; you're an infidel.
     
  23. jjmcd

    jjmcd Formula Junior

    Dec 3, 2004
    490
    All of the above is true as to the marketability of a relatively high mileage, non-red Testarossa with some outstanding issues.

    Also, your sales pitch needs some work. Don't start out with all of the negative aspects of the car - be balanced but don't be your own worst enemy. Most people buying a Testarossa are buying a dream car and want to be excited by (or at least not turned off) by the ads they read. Also keep in mind that most people reading ebay auctions (or any description of a used car) will assume that there is some puffery going on. By providing so much negativity, most readers will assume that your car has significant issues and you're trying to protect yourself from liability. (After reading the ad, I thought that yours was a glorified parts car.)

    Also, get some better pictures, taken with a high quality digital camera on bright, sunny day after you've thoroughly cleaned and detailed the car. The close-up pics in your ad make me think that you're trying to show some flaws (again to protect yourself from liability) but the pictures aren't clear enough to show anything.

    Best of luck.
     
  24. rebirthauto

    rebirthauto Karting

    Mar 25, 2007
    161
    Saint Petersburg, FL
    Full Name:
    Sebastien
    I comletely agree with your assesment. I have unfortunately not been endowed with either salesmanship or a propensity for "puffery", and consequently, depending how things pan out, I might seriously consider brokerage of some sort, or retaining the car altogether. i thank you very much for your insight.
     
  25. bpu699

    bpu699 F1 World Champ
    Owner Silver Subscribed

    Dec 9, 2003
    17,684
    wisconsin/chicago
    Full Name:
    bo
    One thing you will find is that official dealers will not put a car on their showroom unless they have done a recent major on it themselves ($$$$) to protect their reputations. I bought at LFSC, and they told me they will never take a car with a bad carfax/no major/ANY mechanical issues, etc. As they put it, it is "so not worth the aggravation" down the road.

    As another data point, I asked while buying my car, what it would be worth as a trade in the following year, they commented "about $10000-$15,000 less. I appreciated the honesty. So, if a no stories recent major testaorssa is worth $40,000 to a dealer...figure they would offer potentially much less for yours...
     

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