Will it break $40K? | Page 3 | FerrariChat

Will it break $40K?

Discussion in '348/355' started by 285ferrari, Oct 11, 2010.

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  1. DonJuan348

    DonJuan348 F1 Rookie
    Owner

    Aug 5, 2008
    4,442
    Taxing Jersey
    Wheels equals presentation and presentation is everything to some people. The problem I refer to are the ones that are written about in to Manu thread.

    Your car is an excellent example , you may have started your price high but not the prce represents one of the best values for a 355 .

    What do you wAnt to replace it with?
     
  2. davehelms

    davehelms F1 Rookie

    Jan 3, 2004
    4,629
    Full Name:
    Dave Helms
    A known good car, serviced by some of the best in the business and owned by a true enthusiast who keeps it up accordingly..... and he has to deal with this crap.

    There are two distinct levels of Ferrari's these days with a large gray area in between yet all of the buyers seem to lump them into one category.

    Quality costs money on the front side going in OR out of pocket to make the car what it should be after the sale. "There's a Perfect 355 on ebay for mid 30's...." Want to make a 30K bet on that? Hell, I will even give odds on that bet.... and I will take the money!

    I will shop the car around out here, there are still buyers that understand the difference between Good and Shinny. Come to think of it... Robbie, call me, I might have a good home for it already.
     
  3. 285ferrari

    285ferrari Two Time F1 World Champ
    Sponsor

    Sep 11, 2004
    20,976
    MD and NE
    Full Name:
    Robbie
    I agree the wheels are a matter of preference and not for everybody. But out of all the inquires I received about the car, I only had one express that he would rather have the stock wheels(this was when I had the blach CH wheels on the car), I told him I had no problems with putting the stock wheels back on and even offered to paint them back to silver if he was serious about the car.

    I don't think I ever had the car priced too high for what the market was at that time, but I am the seller and a bit biased.:D

    I do truly believe the car right now is priced very fair for the market and what I have to offer....

    Just way too many tire kickers out there. I think 2-3 years ago anyone with decent credit could easily get a loan for a car like this. Now it is very tough to do and the guys with plenty of money are not looking for entry level cars like 348/355's. They are looking for 458/599's. Guys who are now looking for entry level cars are guys who could not even think of buying a car like this 2-3 years ago, now all of a sudden they "think" they can afford one, but don't understand a "good" car from a "great" car and want the cheapest thing possible. Just my two cents...
     
  4. mfennell70

    mfennell70 Formula Junior

    Nov 3, 2003
    620
    Middletown, NJ
    Absolutely true. I "overpaid" for my zealously serviced (by Competizione) 21k mile '01 360. 6 months from last full service with the latest variators. 6 bolt ring gear. Hill Engineering throwout. Tubi headers w/air injection tubes installed. It is also, not coincidentally, the cleanest 9 year old car I have ever seen. The car came with the OEM headers (minus those injection tubes), two spare wheels, spare seat leather, cover, books, tools, etc, etc.

    It sucks for you guys to go through this hassle. I looked at my car on a Tuesday evening, and picked it up the following Friday. The guy who bought my GT3 looked at it on a Friday and had a certified check in hand the following Tuesday. In both cases, price negotiations took minutes. The buyers ARE out there.
     
  5. vrsurgeon

    vrsurgeon F1 World Champ
    Silver Subscribed

    Dec 13, 2009
    16,594
    Charleston, SC
    Full Name:
    Curt
    Sorry guys, got sucked into this thread...
    Why not report the original to Rolex as stolen, since you have the original paperwork. If you "sold him a fake".. then this does not apply. That way if it ever goes to Rolex for refurbishment or goes to a Pawn shop.. you get the original and he or she has the burden of proof...

    Just a thought.. you have the original paperwork.. ;-)
     
  6. tundraphile

    tundraphile F1 Veteran

    May 16, 2007
    5,083
    Missouri
    I think I have misread your comment. I understand that the people with plenty of money are looking at $300k Ferraris and not $50k ones. What I am not quite following is that the potential "buyers" of a car like yours would not have been in a position to buy a $50k car a few years ago. You would think that a reasonably successful person 3 years ago might have been shopping for a $100k car, but with a few economic uncertainties now has decided to scale back their purchase by half. I would seem in a buyers market (actual buyers not dreamers) many would expect to get the same product at a lower price than before the economic meltdown. Especially one still depreciating from new. The deflation mindset has thoroughly taken hold of consumers, IMO.

    As for the number of dreamers, bidding on items thay could never afford and never had any intention of buying anyway, this goes back to an earlier comment I made about bidders placing a small percentage (3%?) of their bid price in escrow which goes to the seller if transaction falls through. Doing this would weed them out instantly.
     

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