http://www.dkeng.com I'd appreciate any (informed) thoughts on / Information about this GTS or indeed the GT they have. I know DK well so I'm not looking for any guidance on them. thanks jg
John, GTS - 04384 - Well sorted car, Last sold thru Talacrest Jun '04 GT - 07112 - Another good car, V.Little Histroy known Both are good cars, Jeremy tends to sell only good stuff...IMO, I would take the GT, But the GTS will probably be more desireable in the driving season. Doubt if you could go wrong with either ! Argento
£90k for a good example is cheap in the UK. The one Nick has at £109k is damn near perfect, and will sell quickly, I'm sure. Argento
the £108k one at Cartwright is an unusual car, looking at the RHD cars that have actually been offered and/or traded in the UK this year: 37 cars have been marketed (a couple more than once); unusually so far only 1 has come through an auction - Coys in February and sold for circa £50k; Nick Cartwright continues to be the most significant player with 8 cars so far at an avg price £80k vs the overall market at £64k. Good non-show cars are more like £70k on screen. jg
I know it is a limited market fro RHD, but that seems to also translate into limited supply. Can't you guys learn to shift with the other hand and save a bunch of cash? (Scotsman in me thinking...)
The question is whether Gresham's Law applies to the market - i.e. Bad cars drive out good, or not, rather than simple supply and demand analysis. The elasticity of demand and supply are mute points where quality is so opaque and information highly assymetrical (See G.Akerlof "The Market for Lemons" 1971? - he got a Nobel Prize for this stuff) Wrt to gears, you've got it the wrong way round - originally all Ferraris were RHD, so if you could all change back to the proper way please...
And a very nice recently restored 246GT has just sold in Brisbane for A$250,000, (US$190,000 / GB£100,000). Possibly undervalued in this market because to import a car we have to pay 10% GST and 25% luxury tax over US$43,000. Meaning if someone Australian bought Nick Cartwrights 5,000 miler it would owe over A$360,000 landed here (US$273,000) Interestingly, the price just paid for an excellent Daytona out of Sydney.
Sorry, Argento, looks like a typo on 04384 that should be a yellow US-Model, the car at DK should be 04348. Matthias Urban Registrar with Denny Schue's Dino Register
