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Repossessed 599!

Discussion in 'California (Southern)' started by KraigG, Apr 21, 2008.

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  1. KraigG

    KraigG Formula 3

    May 25, 2006
    1,501
    Willow Springs
    Full Name:
    Kraig
    #1 KraigG, Apr 21, 2008
    Last edited by a moderator: Sep 7, 2017
    I was at a body shop today in Northridge checking on the progress of a paint job I'm getting on the Triumph. Out the window I spot a flatbed pulling in with a beautiful Rosso Corsa 599. I can't beleive my eyes, as this is not a body shop that's quite up to Ferrari standards.

    So, I head out, and walk around the car, still on the back of the flatbed. I see they're unloading another car, a mundane sedan, that's been pulled behind. I ask the tow truck driver what's wrong with the 599, and he says he just repo'd it.

    Talkative guy, he goes on to mention that it was owned by a car dealer (not Ferrari) who couldn't make payments on it anymore. The car had San Diego Ferrari plate frames, and the tow truck was from Lancaster.

    I didn't ask where it was headed, but if a slightly used, red 599 turns up all of a sudden for sale, you know some of the history behind it :)
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  2. JChoice

    JChoice Formula Junior

    Jan 20, 2004
    582
    Southern California
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    JC
    #2 JChoice, Apr 21, 2008
    What payments would a dealer have other than the temporary financing they get from banks? Unless the dealer owner was driving it around...?
     
  3. Dilancer

    Dilancer F1 Rookie

    Jan 28, 2007
    3,388
    Los Angeles
    Full Name:
    Dilan B.
    #3 Dilancer, Apr 21, 2008
    Well it does have normal plates, so they probably were driving it around.
     
  4. FERRARI-TECH

    FERRARI-TECH Formula 3

    Nov 9, 2006
    1,677
    Los Angeles
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    Ferrari-tech
    #4 FERRARI-TECH, Apr 21, 2008
    Dealers all have to pay a flooring cost, usually 5% of the cost of the car per month. Independent dealers & wholesalers may have to pay way more. If he bought that car for 100+ over sticker and was trying to flip it for a quick profit but missed the boat, we can all figure out what his payments are. OUCH !!
     
  5. mgv1

    mgv1 Formula Junior

    Feb 6, 2006
    496
    San Francisco
    Full Name:
    Mark V
    #5 mgv1, Apr 21, 2008
    I don't know the car or the real story. I do think it might have been wise to photoshop the lic plate # as now we are taking a story and making it "so" by public display. There might or might not be a reason for this car on a towtruck but if it were yours would you want this?

    Just my 2c, no offence to anyone just making a point.
     
  6. TTM-BUL

    TTM-BUL Karting

    Dec 18, 2006
    94
    #6 TTM-BUL, Apr 21, 2008
    Totally agree. Things sometimes are not as they seem.
     
  7. KraigG

    KraigG Formula 3

    May 25, 2006
    1,501
    Willow Springs
    Full Name:
    Kraig
    #7 KraigG, Apr 22, 2008
    Which is why I talked with the driver of the truck, TO GET THE REAL STORY.

    Anyone can see plates on any car, at any time. They're not restricted, or "unlisted", or any nonsense like that. Just trying to get the info out there for any future buyer not to be scammed by a third party. I wasn't able to get the serial number, so that plate is the only identifying feature of an otherwise common colored Ferrari.

    Buyer beware. You'd want to know the back story on any potential car you might be in the market for, no?
     
  8. SrfCity

    SrfCity F1 World Champ

    Nov 1, 2003
    10,142
    Orange County, CA
    #8 SrfCity, Apr 22, 2008
    It would seem that that dealer that owned the car got caught in the economy "down draught." Can't be a good sign for the future of the dealer as the banks are now stepping in.
     
  9. k-diddy

    k-diddy Formula Junior

    Oct 29, 2004
    530
    #9 k-diddy, Apr 22, 2008
    We all know that tow truck drivers always tell the truth.
     
  10. darth550

    darth550 Six Time F1 World Champ
    Lifetime Rossa

    Jul 14, 2003
    61,159
    In front of you
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    BCHC
    #10 darth550, Apr 22, 2008
    You're gullible, dude.
     
  11. TopElement

    TopElement Formula 3

    May 14, 2005
    1,540
    OC & Vegas
    Full Name:
    A Montoya
    #11 TopElement, Apr 22, 2008
    Yes, and 599 owners always leave the car parked on the street in front of their apartment.
     
  12. Testarossa Lover

    Testarossa Lover F1 Rookie
    Owner

    Dec 31, 2006
    3,622
    Newport Beach, CA
    Full Name:
    Haig Barsamian
    #12 Testarossa Lover, Apr 22, 2008
    The car belongs to current Chevy car dealer owner. It was not a repo. I personally called the towing company with the number showing on the tow truck. The driver CONFIRMED IT WAS NOT A REPO. He did say it belonged to (OOOOOO) Chevrolet owner's car. He laughed when I mentioned the word REPO.

    I don't usually respond on these types of remarks... I hope you know what defamation of character means...
     
  13. KraigG

    KraigG Formula 3

    May 25, 2006
    1,501
    Willow Springs
    Full Name:
    Kraig
    #13 KraigG, Apr 22, 2008
    And you believed him? He was just cleaning things up for a call from someone he didn't know.

    And who's character was defamed? Were any names mentioned? Who's gullible now? :(
     
  14. darth550

    darth550 Six Time F1 World Champ
    Lifetime Rossa

    Jul 14, 2003
    61,159
    In front of you
    Full Name:
    BCHC
    #14 darth550, Apr 22, 2008
    You.....again........ Do yourself a favor and drop it.
     
  15. BigTex

    BigTex Seven Time F1 World Champ
    Owner Rossa Subscribed

    Dec 6, 2002
    79,386
    Houston, Texas
    Full Name:
    Bubba
    #15 BigTex, Apr 23, 2008
    Car is obviously "hexed".....see the pentagram wheels?

    Change them out, and the refi will be fine........
     
  16. StickChic

    StickChic Formula Junior

    Nov 13, 2006
    636
    So Cal
    #16 StickChic, Apr 23, 2008
    could be the thread?
     

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