how would new paint affect 246 resale? | FerrariChat

how would new paint affect 246 resale?

Discussion in '206/246' started by tzucc, May 13, 2006.

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  1. tzucc

    tzucc Formula Junior

    Jun 3, 2003
    316
    I have 4948, and it is some metallic rosso bordeaux... a color that we would not exactly match to Dino color swatches, mostly because of these metallic gold flecks. The color is pretty neat really, but there are some nicks here and there from rocks.

    If I was to repaint, what is your opinion on resale value and how others would desire the car, if:
    1) I repainted to the original color, whatever that was
    2) repainted to what I want to go to, which is the Dino yellow.

    Assume we're talking a high quality paint job with the authentic paint if it is available.
     
  2. normv

    normv F1 Rookie

    May 3, 2005
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    Hello, If youre concered about just resale then paint it red, but if you love and want to keep it yourself its pretty hard to beat Yellow on a Dino. Be prepared that its not just a simple respray on a Dino as you will most likely end up finding something underneath that old paint and wind up doing more. Then again its a Dino, not a chevy. Thats what I love about working on these cars, you just never know until you do it yourself. Thanks norm
     
  3. dm_n_stuff

    dm_n_stuff Four Time F1 World Champ
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    #3 dm_n_stuff, May 13, 2006
    Last edited by a moderator: Sep 7, 2017
    Just finished a repaint on mine. There's a thread here somewhere about it. :D

    Bare metal respray will cost upwards of $15K, probably more as you find "Little things to fix while you're there" and the inevitable rust.

    All in, I spend $23K (with the assistance of the insurance company), and have enhanced the value of my Dino in the process by documenting all the fixing we did. There will be no question, should I go to sell my car, that the shell is rust free, and was repaired to a very high standard.

    Having said all that, yellow is not a great color for Dinos, or, I'm told, Ferrari in general, when it comes to resale. but, you own it 'cause you love it, paint it whatever color works for you.

    I have a great paint guy here on the East Coast, who has done more than his share of Dinos, if you're interested.

    dm
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  4. cmparrenzo

    cmparrenzo F1 Rookie

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    As an owner of a 246gt thats is RED after a bare metal respray, I have to tell you Fly Yellow is one of the best colors on a Dino. (My Dino was 9,000 mile documented car and it was red when it left Italy, I felt compelled to stay red, had it been any other color or any other Dino I would have gone yellow)

    The Ferrari shop I am affiliated with has recently restored a 246GT Spyder and we resprayed it in yellow. We had more offers on that car than any Dino we ever had, lots of red cars out there, too many actually. Not that many Dino's were red to begin with, even fewer in yellow.

    Its your car, paint it yellow, enjoy it and laugh all the way to the bank...

    Previous yellow 308 GTB owner
    Previous yellow Daytona owner

    Current Red Dino Owner...

    Current Yellow 550 owner...
    Future Yellow 599 owner (on order)...

    If anything, I always felt I received a premium on my yellow cars, never hard to sell...


    Chris
     
  5. Bullfighter

    Bullfighter Two Time F1 World Champ
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    Not sure you'd want or be able to go with "authentic paint" -- old paint technology wasn't very good. I'm guessing (?) they used lacquer on the car when new.

    As far as color I agree that a color other than factory probably hurts resale.

    I like Dinos in yellow -- a lot! -- but probably wouldn't do a color change to get it.
     
  6. cmparrenzo

    cmparrenzo F1 Rookie

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    True, modern paints are far superior. "authentic" paint is not available in most cases and not wanted.

    Unlike other cars, the data plate on a Ferrari does list color or trim, If a color change is done correctly, the fact that it is a color change will not affect the value of these older cars. (Who really wants a brown Dino?)
     
  7. dm_n_stuff

    dm_n_stuff Four Time F1 World Champ
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    NOT
    I'm sure is what you meant!! :D
     
  8. tzucc

    tzucc Formula Junior

    Jun 3, 2003
    316
    thanks for the advice. Makes sense that modern paints are better. I suspect in that case that there is an official Diny fly yellow paint?

    dm, I did follow your thread on and off... looked like a great outcome.
    I was qouted about $10k by the guy who did the paint job on the silver Dino that won the concours 2 years ago. Not including his labor to take all the stuff of the car and back on.
     
  9. tzucc

    tzucc Formula Junior

    Jun 3, 2003
    316
    there is another color I saw at the concours last year, a Dino from the midwest, with this orange/red color... I was very impressed by it. I think it was the only one at the show (this was the Dino year) with that color. He said it was an official color.

    Though I think yellow would be more universally attractive. Red clearly is the classic, but I agree, I just see too many red ones.
     
  10. dm_n_stuff

    dm_n_stuff Four Time F1 World Champ
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    Figure he's gonna add 30 hours to dis and re-assemble the car, maybe more. I can check what mine had in it for that. I think I'd want him to
    quote an approximate time for that. Getting the windows and such out isn't a big deal, at least according to a thread here, but getting the windshield and rear window back in is.

    Also, you'l want new rubber all around. That's probably over $1000 right there.

    And, he's bound to fiind rust!! And you're going to want to get it all fixed while the car is apart.

    I think $10K is a very optimistic/aggressive number, and would expect it to run much higher when you're all through.

    dm
     
  11. cmparrenzo

    cmparrenzo F1 Rookie

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    WHOOPS! Data plate does NOT include color and trim.... (hell getting old)
     
  12. cmparrenzo

    cmparrenzo F1 Rookie

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    The color is Dino red or Rosso Dino, (purists correct me please) it is VERY orange. I saw one at FCA national in LA, I seem to remember that car being ulra low mileage and never restored and just plain beautiful, but not everyone likes that color.
     
  13. synchro

    synchro F1 Veteran

    Feb 14, 2005
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    Back to the original topic - would painting a Dino increase value.
    Yes, but I've trouble thinking that Yellow or Rosso Dino would appeal to the average buyer. Personally I'm at the opposite end of the spectrum and prefer the more subtle colors of Blue (like Corbani's), silver, black, or gun metal grey.


    Many Ferrari's had paint stickers but I've not seen one on a Dino.





    PS - Dave your car is gorgeous, but that diagonal photography makes me cringe.
     
  14. tx246

    tx246 F1 Veteran
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    hey now, the brown color, marrone, isn't that bad and actually looks good on a dino.
     
  15. cmparrenzo

    cmparrenzo F1 Rookie

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    I have seen alot of non red yellow black cars that are beautiful. The sad truth is they do not call it resale red for nothing!

    There is no wrong answer, there is a buyer for every color...

    Thank god they are not all red!
     
  16. tzucc

    tzucc Formula Junior

    Jun 3, 2003
    316
    Silver does look great on this car. The orange-red is quite striking, but I think it might limit resale value. I don't like black on the dino, or the blue or the green that I have seen.

    My personal choices then are yellow, silver and maybe the orange-red. I think there are enough silvers around, and I have not seen many yellows, so that may be it for me.
     
  17. tx246

    tx246 F1 Veteran
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    #17 tx246, May 14, 2006
    Last edited by a moderator: Sep 7, 2017
    i have to admit, resale red is more common than any other dino color, but dino's look great in other colors. this gold dino isn't for everyone, but it is original.

    to asnwer the original question, i wouldn't devalue a car if it was painted an original color by someone who knew what they were doing. sure, there are the guys that have to have red or yellow, but anyone wanting a good dino will recognise a good car.
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  18. Ira Schwartz

    Ira Schwartz Formula 3
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    Yes, that's Rosso Dino, one of my least favorite colors (almost bought a 365BB in that shade many years ago, and passed largely because of the color). My opinion, FWIW, is that classic cars should almost always be repainted in their original color, but I might make an exception for an example that was really hideous (hard to perpetuate an atrocity) or for a race car (most of them have been wrecked and rebuilt anyway).
     
  19. dm_n_stuff

    dm_n_stuff Four Time F1 World Champ
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    How about this...

    My Dino came from the factory with white paint, red carpets and blue leather seats. Would that qualify as an atrocity?

    I think rosso corsa, with tan/black daytona seats and black carpet is a much nicer combination, and I wouldn't think of returning it to it's ALL AMERICAN color scheme.

    dm
     
  20. tx246

    tx246 F1 Veteran
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    i have to agree with dave,i wouldn't return the car to it "american" color scheme.

    when it comes to ones taste's, we are all different. for the most part, you can paint the car any color you want. i understand why most people go for a color that appeals to the largest audience for when they sell. keep in mind, this wa sthe early seventies. if you want to have some fun. spend a couple of hours browsing the dino regristry and look at the colors and percentages of color that the cars were delivered in. it is amazing how cars were red or yellow. but then again, it is also amazing how many cars were delivered in marrone (brown).
     
  21. ferraripete

    ferraripete F1 World Champ

    paint may not add to the cars value but...properly executed paint will! "properly executed" is the key term!!
     
  22. jselevan

    jselevan Formula 3

    Nov 2, 2003
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    As the saying goes, "...Opinions are like armpits...everyone has two and they all stink..."

    That said, I have chosen to paint my Dino silver. It was originally yellow, then red, and now I have chosen silver. The motive behind silver is 1) I like it and 2) you don't see many silver Dinos. Out here on the left coast it seems that every Dino is red or yellow. Both are stunning. The choice of silver comes not from a dislike of yellow or red, simply from an attempt to go where others have not.

    However, not all colors, in my opinion, look good on the Dino. I believe that a bright color shows best the curves and lines. The dark maroon, blue and green are beautiful colors, but (again in my opinion) do not expose the curves as well as the lighter colors (silver, red, yellow).

    Jim S.
     
  23. need4speed

    need4speed Formula 3

    Nov 3, 2003
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    My car went from red to yellow. I've always wanted a yellow Dino and so when the time came to deal with rust issues, I repainted it yellow. I toyed around with the idea of metallic colors because the shape of the Dino works with a wide range of colors. Adding a metallic layer really brings out the curves. I almost went with a metallic charcoal. But in the end, I went with my dream. My dream also meant getting rid of the hideous US side markers completely and changing the front to Euro style flush markers.

    Bottom line, it's your car and you have to live with it. Why not live out your dream. And don't worry about resale. Look at what the market is doing now. If you're concerned with resale, wait for another upswing in prices.
     
  24. dm_n_stuff

    dm_n_stuff Four Time F1 World Champ
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    Just my best effort to provide a little variety into our otherwise mundane, head on, squared up, dino pictures.

    Take a sea sickness pill, and call me in the morning.

    dm
     
  25. synchro

    synchro F1 Veteran

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    Vertigo!
    Dr DM, send me the bill!
    :)
     

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