89 for 34K...someones about to get lucky

http://cgi.ebay.com/ebaymotors/1989-Ferrari-328-GTS-NO-RESERVE-38-882-Miles_W0QQitemZ150355146559QQcmdZViewItemQQptZUS_Cars_Trucks?hash=item2301dd773f&_trksid=p4506.c0.m245&_trkparms=65%3A7|39%3A1|240%3A1309

 

If a deal is too good to be true.................

Must be some reason but.......

Someone close should investigate further.

Jeff

 

I'd want to see the actual records... but from what I can see it does indeed look like a great deal indeed.

Jedi

 

Accident in 1995; not sure how bad it was;
Last registration was 2004... it has no plates... it was last in Florida, how is it now in Rhode Island?

Vehicle: 1989 Ferrari 328 GTS (79004)

06/17/1993 MEMPHIS, TN
2,963
Motor Vehicle Dept. ODOMETER READING FROM DMV

02/01/1995 SNOWMASS VILLAGE, CO
12,500
Motor Vehicle Dept. ODOMETER READING FROM DMV

05/20/1995 FL
Accident Source FRONT IMPACT WITH ANOTHER VEHICLE (Case #:307808700)

07/31/1996 DESTIN, FL
22,778
Motor Vehicle Dept. TITLE (Title #:70951628)

07/31/1996 DESTIN, FL
Motor Vehicle Dept. REGISTRATION EVENT/RENEWAL

07/31/1996 FL
State Agency PASSED EMISSION INSPECTION

11/05/1996 DESTIN, FL
Motor Vehicle Dept. REGISTRATION EVENT/RENEWAL

12/03/1997 FL
27,112
Motor Vehicle Dept. ODOMETER READING FROM DMV

12/10/1997 FL
State Agency PASSED EMISSION INSPECTION

12/11/1997 PALM BEACH GARDENS, FL
Motor Vehicle Dept. REGISTRATION EVENT/RENEWAL

12/15/1997 PALM BEACH GARDENS, FL
Motor Vehicle Dept. TITLE (Title #:70951628)

12/15/1997 PALM BEACH GARDENS, FL
Motor Vehicle Dept. TITLE (Title #:0070951628)

06/17/1998 PALM BEACH GARDENS, FL
Motor Vehicle Dept. REGISTRATION EVENT/RENEWAL

06/23/1999 PALM BEACH GARDENS, FL
Motor Vehicle Dept. REGISTRATION EVENT/RENEWAL

06/13/2000 FL
32,000
State Agency PASSED EMISSION INSPECTION

06/22/2000 PALM BEACH GARDENS, FL
Motor Vehicle Dept. REGISTRATION EVENT/RENEWAL

06/12/2001 PALM BEACH GARDENS, FL
33,262
Motor Vehicle Dept. TITLE (Title #:0070951628)

06/12/2001 PALM BEACH GARDENS, FL
Motor Vehicle Dept. REGISTRATION EVENT/RENEWAL

04/19/2002 PALM BEACH GARDENS, FL
Motor Vehicle Dept. REGISTRATION EVENT/RENEWAL

04/21/2003 PALM BEACH GARDENS, FL
Motor Vehicle Dept. REGISTRATION EVENT/RENEWAL

03/17/2004 PALM BEACH GARDENS, FL
Motor Vehicle Dept. REGISTRATION EVENT/RENEWAL

-----------------------------------------------------------
CARFAX shows pretty much the same info:

02/06/1989 90 Illinois
Motor Vehicle Dept.
Wheaton, IL
Title #N4970229 Title issued or updated
First owner reported

06/09/1994 12,500 Colorado
Motor Vehicle Dept.
Snowmass Village, CO
Title #57E148812 Title or registration issued

05/20/1995 Florida
Police Report
Case #307808700 Accident reported
Involving a front impact
with another motor vehicle

07/31/1996 22,000 Florida
Inspection Station
Fort Lauderdale, FL Passed emissions inspection

07/31/1996 22,778 Florida
Motor Vehicle Dept.
Destin, FL
Title #70951628 Odometer reading reported

08/05/1996 Florida
Motor Vehicle Dept.
Destin, FL
Title #70951628 Title issued or updated

12/03/1997 27,112 Florida
Motor Vehicle Dept.
Palm Beach Gardens, FL
Title #70951628 Odometer reading reported

12/10/1997 Florida
Inspection Station
West Palm Beach, FL Passed emissions inspection

12/15/1997 Florida
Motor Vehicle Dept.
Palm Beach Gardens, FL
Title #70951628 Title issued or updated

06/17/1998 29,000 Florida
Inspection Station
West Palm Beach, FL Passed emissions inspection

10/30/1998 30,321 Service Facility Vehicle serviced

06/13/2000 32,000 Florida
Inspection Station
West Palm Beach, FL Passed emissions inspection

06/22/2000 Florida
Motor Vehicle Dept.
Palm Beach Gardens, FL
Title #0070951628 Title issued or updated

06/12/2001 33,262 Florida
Motor Vehicle Dept.
Palm Beach Gardens, FL
Title #0070951628 Title issued or updated

06/14/2004 36,510 Service Facility Vehicle serviced

The last record reported to CARFAX is from June 2004.

 

But the starting bid is the same as the BIN price.

 

... just means the seller wants $34,200 - hit BIN and it's yours. Just bid and you'll have
to wait for the auction to end and risk potentially the price to go up. No need for a reserve
if the starting bid is good enough.

 

But the starting bid is the same as the BIN price.

 

Wow. You must not be an auction person (eBay aside). "Buy It Now" means YOU BUY IT NOW!!!
Not at the END of the auction, but NOW. BIN = AUCTION ENDS NOW.
So if his asking price is $34,200 and you hit 'Buy it NOW' then the auction is OVER. NOW.

BUT if you hit 'Place Bid' and place a bid of $34,200 then the AUCTION IS NOT OVER!!! Other
folks can still bid it higher, until the END of the auction. It could then maybe go to $35k, or
$36k - until the actual moment the auction time ENDS according to the 'end of auction' time.
Entering a bid that is equal to the Buy It Now price (without hitting 'buy it now') essentially
EXTENDS the auction - once this happens, BIN is no longer an option to other bidders - it's now
'open bid' and anyone can trump your opening bid.

What THIS seller is saying is, "I would like $34,200 for my car" - BUT he's willing to take MORE,
by allowing people to BID without using Buy it NOW.

If he had started the bidding at say $100 with a RESERVE PRICE of $34,200, there is an EXTRA FEE
FROM eBAY for that - called a 'reserve fee' - this seller didn't want to have to pay that. IF, after
all the days of the auction, the 'final bid' was say $22k - well BELOW his Reserve, he wouldn't have
to sell. But the fee for this turns off a lot of sellers. It's not much, but some sellers don't like it
regardless. So they list a 'Bid Price' and 'Buy it Now' price that are close or the same, to avoid
this fee but still guarantee a sale price they can live with.

SO ... bottom line: THIS seller wants to sell his car for $34,200 - PERIOD. IF he should be lucky,
and someone would hit the 'bid now' instead of 'buy it now' buttons, he MIGHT be able to make
more, but $34,200 is fine.

Understand? This is how ALL auctions work - not just eBay.... reply again if you still have trouble
understanding what's going on here.

Jedi (Bought my own Ferrari by selling stuff on eBay - so I know of what I speak )

 

I'd call the seller and ask a few questions before I hit the "buy it now".

 

Oh, indeed

Jedi

 

Gorgeous car. But when
" 38,882 miles. Major Service completed by Ferrari Dealer including:" was this major service performed?

 

Usually when the date is left out it means long ago.

 

At that price you can rest assured it needs a service.

 

Buy it now is at $39,400.00 not $32400.00, whic is the starting price.

 

Dude must've read Jedi's post cause it was BIN: $34,200.00 last night.

 

Yes, went to the ad this am and his prices have changed.

 

can't really tell because I have a glare on my comp right now, but is it metallic? If so, maybe ChefRober's old car?

 

Let me do some math........

cost: 39,200.

major service: 5000.

While you are at it's: 3000.

New tires: 1000.

Total 48,200. for a 328 with 39K miles and accident history.

I'll pass.

Dave

 

+2 Crash damage... that for me is the deal breaker.

 

+200!

 

Did I have a double post 45 min apart?????

 

Bingo.

Someone's about to get lucky, and it's the seller.

 

Yes, agreed.
The seller is the one coming out ahead

 

Note that even tho the seller claims the paint is great, he does -not- claim it's the -original- paint.