It does, I keep looking at it since I got the pistonheads notification this afternoon. If there's a car that I'd just pay for knowing I was paying too much that's pretty much it. Now if Eurasia Mining (EUA) would just get on and complete the sale then I could cash some shares in and buy that. I wouldn't feel so guilty if I was buying it with money "made" share trading. I'm not sure why exactly but it makes the man maths easier.
Give it a wash and a vacuum and add £10K. Surely it's in his interest to tidy the leather up a little?
I guess there’s scope to negotiate some refurbishment in the price? Seems sensibly listed though? Sent from my iPhone using FerrariChat
It's not a daft ask to be honest. I did consider having a bid when I was following it on auction. There were a few video walkrounds and a good spread of images that detailed lots of little things that needed attention. None of these things were major but they all added up. For someone like yourself it would be an ideal car as you're probably capable of doing lots of these little bits yourself. I'm not though, I don't have the time or ability to tinker to this degree so I'd have to put it into a specialist. At that point I'm better off buying one that's a bit more tidy to start with
That is about the ugliest passenger airbag cover I have seen on a 575M. Looks like someone tried to remove it with a crowbar.
Next Maranello up on Collecting Cars. LHD Japan supplied 575M. https://collectingcars.com/for-sale/2003-ferrari-575m-maranello-1 Despite Japan being a RHD country I understand it's a status symbol there to drive a LHD car which probably explains the unusal configuration.
Yes, almost all Ferraris supplied to Japan are LHD. This particular car looks pretty nice. A few typical minor blemishes. I note the Autotrader ad for it had quite a lot of reputedly this and that about its history in Japan that isn't mentioned in the auction listing. The problem with ex-Japanese cars is it is more-or-less impossible to check any history. Consequently they are hard to sell on and when they do sell it is at a significant discount to a Euro LHD. That said, if you want a car to use and drive and are not worried about resale then they can be worth checking out. I also note the auction listing doe show any documents at all although some UK services are mentioned but not any evidence of anything in Japan.
So that's about £65,000 all in which seems about right on the money. Seller would have received £53,580. Still scratching my head why the owner would sell at a traditional auction as opposed to on Collecting Cars. Based on past sales that would comfortably have seen £65K on CC and the seller would have received all of that.
It's effectively a private or trade sale depending on who the vendor is. You can view yourself or arrange an inspection subject to current restrictions of course. You only get the time period of the auction though. 8 days usually.
Apparently sold under the estimate to an Australian bidder at £53.5k. I was told the reserve was higher than that. Anyway, seemed like an okay car, but I was put off by the corrosion under the bonnet, which was much worse than any other car I’ve seen.
Actually, what’s really interesting is that I thought this was a great car and was ready to buy it. But I couldn’t view in person due to work commitments. So I did a video call and had to really push for decent images of the bonnet underside. I would have bought the car if I hadn’t known to ask... You never would have known the issue from the description or the photos.
A friend of mine viewed the CC nero 575 and it’s one of the best he’s seen. Pampered with better than expected history in Japan and the UK.
Which reinforces my view that anyone buying at auction needs to keep a lot in reserve to fix the unseen problems that will materialise, so the only good reason to sell at auction is if you have one of those lemons with a skeleton or two in the cupboard, that you know won't get a decent price if the buyer has time to do a PPI. Private sale, or, if pushed, on consignment via a dealer, makes far more sense if you have a half-decent car. An auction where prior to being offered the cars were put through a verifiably independent PPI, available for all bidders to see, would be a much better way of doing it IMO - buyer gets no surprises, seller gets full value = win-win.
