Kroymans Bankruptcy | Page 6 | FerrariChat

Kroymans Bankruptcy

Discussion in 'Vintage (thru 365 GTC4)' started by Bill_OBrien, Apr 24, 2009.

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  1. readplays

    readplays Formula 3

    Aug 22, 2008
    2,344
    New York City
    Full Name:
    Dave Powers
    If you go to barchetta.cc and click through, finecars.cc will pop up in a separate window on top of barchetta.cc

    You will find "Important high end collectable classics sold during the last weeks" on the lower part of that page.

    Best,
    Dave
     
  2. Terra

    Terra F1 Rookie
    Rossa Subscribed

    Feb 16, 2004
    3,677
    Thanks for your help -- I see it now.
     
  3. Michele

    Michele Formula Junior

    Aug 27, 2006
    510
    The Hague, Holland
    Full Name:
    Michiel Mulder
    These cars are still in Holland.
     
  4. Napolis

    Napolis Three Time F1 World Champ
    Honorary Owner

    Oct 23, 2002
    32,118
    Full Name:
    Jim Glickenhaus
    They are but were resold to a broker there by TP according to the article.
     
  5. Napolis

    Napolis Three Time F1 World Champ
    Honorary Owner

    Oct 23, 2002
    32,118
    Full Name:
    Jim Glickenhaus
    At least one of the prices included in that article included cash plus trades. The value of the cars taken in trade may or may not be accurate as to the total published.
     
  6. Marcel Massini

    Marcel Massini Two Time F1 World Champ
    Honorary

    Mar 2, 2005
    22,741
    This "list" is incorrect. Two of the cars listed were actually traded even with no money involved at all. Two cars were sold as a package together but with far different values than indicated. One of the cars listed sold for double the price indicated in the list.

    Marcel Massini
     
  7. GrayTA

    GrayTA F1 World Champ
    Owner Rossa Subscribed

    Jun 25, 2006
    15,112
    Deep South
    Full Name:
    PDG

    I trust this ^^^^^ more than anything I have ever read published in any magazine or book ever.


    PDG
     
  8. Senna1994

    Senna1994 F1 World Champ
    Silver Subscribed

    Nov 11, 2003
    13,163
    Orange County
    Full Name:
    Anthony T
    +1000
     
  9. mdsaxon

    mdsaxon Karting

    Sep 18, 2006
    237
    S.W. Florida
    +1000000
     
  10. JazzyO

    JazzyO F1 World Champ

    Jan 14, 2007
    12,143
    The Netherlands
    Full Name:
    Onno
    Thanks for the extra info, Marcel!


    Onno
     
  11. Senna1994

    Senna1994 F1 World Champ
    Silver Subscribed

    Nov 11, 2003
    13,163
    Orange County
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    Anthony T
    Jim, thank you as well for all the information you post on F-Chat. Most of it is invaluable.

    Best,
    Tony
     
  12. Bill_OBrien

    Bill_OBrien Formula Junior

    Oct 28, 2004
    416
    Houston, TX
    Full Name:
    Bill O'Brien
    Why would anyone sell this amazing group of cars as a package?? Why not sell them at the RM Maranello auction?? It would be the perfect venue for these amazing Ferrari's. If I was a debtor I dont think I wuld be to thrilled with the outcome of the sale to Tom Price.

    I guess with the bankruptcy they are not concerned with maximizing on the sale price.

    Kind of reminds me of the sale of the 20 something 'Shakespeare' Bugatti's in the 60's to the Schlumf brothers for $250k....
     
  13. Marcel Massini

    Marcel Massini Two Time F1 World Champ
    Honorary

    Mar 2, 2005
    22,741
    There is NO Ferrari auction by RM at Maranello this year.
    And if there was such a factory auction again all the cars would have to be factory certified before anyway. Several of the cars in that (former) Dutch collection have non-matching engines or have been rebodied or extensively modified and there are even a few replicas in the group. Impossible to certify.

    Marcel Massini
     
  14. Michele

    Michele Formula Junior

    Aug 27, 2006
    510
    The Hague, Holland
    Full Name:
    Michiel Mulder
    The cars were owned by a lease company and my guess is that they wanted their money back as quickly as possible. So when somebody wants to buy the whole bunch... Besides: there is no Maranello sale this year... (edit: marcel was quicker to respond)
     
  15. JazzyO

    JazzyO F1 World Champ

    Jan 14, 2007
    12,143
    The Netherlands
    Full Name:
    Onno
    The lease company was owned by Kroymans but it was a subsidiary of the Kroymans holding structure. It was the banks that wanted their money from the holding company. It is a tax benefit if you set up a company to lease the cars out to yourself. But if the holding company folds, the cars are no longer yours but the debtors of the holding company since the lease company was owned by the (f/h)olding company.

    At least, this is how I understand the story.


    Onno
     
  16. Texas Forever

    Texas Forever Seven Time F1 World Champ
    Rossa Subscribed

    Apr 28, 2003
    75,396
    Texas!
  17. omd78

    omd78 F1 World Champ

    Dec 26, 2005
    13,137
    Breda, Netherlands
    Full Name:
    Martin
  18. marty1

    marty1 Rookie
    BANNED

    Jan 4, 2009
    3
    Detroit
    Full Name:
    Marty Huff
    The sale of Price's GTO was done through driversource in Texas. the Newownersname can be seen in thelistings on exhibitors. But not enough time to conclude the sale made it a no show.

    thomas Hamman contacted Jose at driversource and they split a commission. This was also handled by the same CT. Atty Kramer.
    Not bad 2 GTOs sold in one month.
     
  19. Texas Forever

    Texas Forever Seven Time F1 World Champ
    Rossa Subscribed

    Apr 28, 2003
    75,396
    Texas!
    Does Jeff Moore still own Drivers Source?

    Dale
     
  20. Terra

    Terra F1 Rookie
    Rossa Subscribed

    Feb 16, 2004
    3,677
    What he said?
     
  21. marty1

    marty1 Rookie
    BANNED

    Jan 4, 2009
    3
    Detroit
    Full Name:
    Marty Huff
    Trying to avoid the snow heading west from here(MI) looking forward to visiting cars along the way to CA
     
  22. lowey

    lowey Rookie

    Jan 23, 2009
    8
    Marcel, I believe this car was built with a Competition engine, do you know how many steel body SWB were supplied with Comp engines?
     
  23. JazzyO

    JazzyO F1 World Champ

    Jan 14, 2007
    12,143
    The Netherlands
    Full Name:
    Onno
    3725 was not built as a SWB, it was built as a GTE so to clarify: you are referring to 2365GT?


    Onno
     
  24. lowey

    lowey Rookie

    Jan 23, 2009
    8
    Sorry, yes referring to 2365GT. I believe these steel body cars with comp features were referred to as semi competizione?
     

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