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Salvage Ferraris on Copart

Discussion in 'Ferrari Discussion (not model specific)' started by edkirmd, Jun 26, 2018.

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  1. edkirmd

    edkirmd Rookie

    Feb 21, 2017
    2
    #1 edkirmd, Jun 26, 2018
    I do lots of window shopping on Copart and am always fascinated by their exotic car offerings.

    I wanted to post the details of the salvage Ferrari auctions here as a record for someone to access since Copart/IAAI remove their listings sometime after the vehicles are sold.

    I have no affiliation with Copart/IAAI or any of the vehicles I post.
     
    Jaguar36 likes this.
  2. edkirmd

    edkirmd Rookie

    Feb 21, 2017
    2
    #2 edkirmd, Jun 26, 2018
    Collision Undercarriage

    4k mi (A), Run & Drive, Key(s) Present

    Fontana (CA)

    Seller:

    State Farm Group Insurance

    Actual Cash Value:

    $228,466 USD

    Estimated Repair Cost:

    $43,077 USD

    IAA Condition Details
    Loss:

    Collision

    Primary Damage: Undercarriage

    Odometer: 4,716 mi (Actual)

    Start Code: Run & Drive

    Key: Key(s) Present, Keyfob Present

    Vehicle Wheels: Spare Tire Unknown, Custom Wheels


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  3. F355 Fan 82

    F355 Fan 82 F1 Veteran

    Jul 22, 2006
    9,063
    #3 F355 Fan 82, Jun 27, 2018
    The problem is good luck selling that when you want to cash out, have you seen how picky the buyers of Ferraris are on this site? Hell Im terrified of ever selling my 575 and its perfect and ive spent alot of time and money getting it right.
     
  4. Mmckee

    Mmckee Formula 3
    BANNED Silver Subscribed

    Sep 30, 2016
    2,339
    Alta Loma, Ca
    Full Name:
    Mike
    #4 Mmckee, Jun 27, 2018
    Totally!
     
  5. azlin75

    azlin75 Formula Junior

    Jul 16, 2017
    785
    Kansas
    Full Name:
    Shawn Hicks
    #5 azlin75, Jun 27, 2018
    I guess if a person could get one of these salvage cars at a reasonable cost, and planned on keeping it for a while that’s one thing but it sure seems a lot of these salvage cars are selling darn near close to no story prices. I’ve speculated that it’s probably the recycling guys buying since as parts these are worth quite a bit, but it sure shuts the door on anyone else reasonably getting one of these cars especially if one really could’ve been rebuilt and put back on the road.

    I’m sure there are the few that people can and have bought and rebuilt but sure seems like an expensive gamble for most folks to take.
     
  6. ATSAaron

    ATSAaron Formula 3
    Silver Subscribed

    Jun 1, 2004
    1,135
    Shady Shores, TX
    Full Name:
    Aaron Bunch
    #6 ATSAaron, Jun 27, 2018
    Let me save you a bunch of time. This site archives all the old Copart and IAAI auctions. It takes a month or so to update.

    https://poctra.com

    Aaron
     
  7. sidtx

    sidtx F1 Rookie
    Owner

    Feb 9, 2014
    4,454
    Frisco, Tx
    Full Name:
    Sid
    #7 sidtx, Jun 27, 2018
    I'd buy one if I was looking for a project or a track toy. Without any reservations -- provided the price is what I think is fair.

    I'd have a lot of reservations about water damage -- because of the computers, but otherwise I think it would be fun to take a cheap, but rebuildable car, and make a track toy.

    As for computers, I think there is a big enough FCHAT brain trust to probably overcome even that.

    Sid
     

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