Selling experience? | FerrariChat

Selling experience?

Discussion in '308/328' started by mike996, Aug 2, 2014.

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  1. mike996

    mike996 F1 Veteran

    Jun 14, 2008
    6,691
    Full Name:
    Mike 996
    To those who have some experience in it, what say you about the best way to sell one of these cars?

    I am tentatively kicking around ending my Ferrari experience but I do not want to deal with a stream un-productive tire kickers/phone calls. What seems to work best?

    This is not yet a firm decision but much of the time lately I feel that perhaps I have scratched the Ferrari itch and, after 5 years of ownership would like to pass my 328 on to someone else. FWIW, my wife would rather I did NOT sell it... ;)
     
  2. rob

    rob F1 Rookie

    May 22, 2002
    4,139
    Vt
    I sold mine through the dealer resto shop that I bought it from and it worked out well. If you have the time I would say the best way to go would be to post an ad here and try to sell it to another Fchatter.
     
  3. godabitibi

    godabitibi F1 Veteran
    Silver Subscribed

    Jan 11, 2012
    6,282
    Papineauville, Quebec
    Full Name:
    Claude Laforest
    Place an ad here on Fchat.
     
  4. chrisbinsb

    chrisbinsb F1 Rookie

    Oct 20, 2011
    3,675
    Santa Barbara
    Full Name:
    Chris B
    Sold my 308 through fchat. A couldn't have gone and any easier.
     
  5. sherrillt

    sherrillt Formula 3
    Rossa Subscribed

    Jan 1, 2009
    1,082
    Northern Virginia
    Ebay works fine. You have to have detailed photos/description of history to get best price. No way around or escaping phone calls/emails if you are a seller. No one hands over thousands of dollars without some degree of assurances or details from a seller - it goes along with the process.
     
  6. BigTex

    BigTex Seven Time F1 World Champ
    Owner Rossa Subscribed

    Dec 6, 2002
    79,218
    Houston, Texas
    Full Name:
    Bubba
    I'd sell to a total newb........:D :D :D
     
  7. Rich S

    Rich S Formula Junior

    Nov 30, 2013
    501
    Monterey, California
    Full Name:
    Rich Saylor
    Fchat or such can work, of course, but a different way to go is thru a dealer who's a specialist in Ferraris. Pick the right one and you have people working for you that can find good leads, represent the car fairly, and help out both seller & buyer. The commission is negotiable but often is made up for in getting the most for the seller. The trick here is to find a GOOD dealer, one with the knowledge to do what needs to be done- fairly and honestly- and will leave everyone feeling good about the deal, when one is made. Markets are constantly changing, either up or down, and so experience is the key. Besides honesty, of course.

    Cheers,
    Rich
     
  8. Rich S

    Rich S Formula Junior

    Nov 30, 2013
    501
    Monterey, California
    Full Name:
    Rich Saylor
    Old saying, here, which might apply- "marry in haste, repent at leisure".

    I'm referring to selling the car, nothing else.

    Cheers, Rich
     
  9. Schulz308

    Schulz308 Formula 3
    Silver Subscribed

    May 21, 2014
    1,454
    STL USA

    how about the details on the 328?
    year
    miles
    colors
     
  10. mike996

    mike996 F1 Veteran

    Jun 14, 2008
    6,691
    Full Name:
    Mike 996
    Well, I'm not to the point of deciding to actually sell yet but to answer the question:

    1989
    31,000 miles and change (I'm not at the car so I don't know the exact mileage but in the 31's)
    Red/Tan
     
  11. steve0826

    steve0826 Karting

    Jul 13, 2009
    123
    Bellevue, WA
    On eBay, here are what to prepare for:

    1. Lots of pictures, imagine this: have your car in the center of a semi-sphere and camera pointing toward the center. Circle the camera around and take a picture on every 30 degrees change. Do this for 2 feet height and 4 feet. In addition, take pictures of interiors, this time camera in the center pointing outward. If there is any blemish you want to zoom in on those.

    2. Get a CraigsList e-mail address; you can do this by posting something. You can avoid people bothering you after the sale.

    3. Gather all documents on the car, history and maintenance.

    4. Be ready to answer e-mail promptly; make sure your phone alert you when e-mails arrive. Reply to inquiries, at least a promise to respond, must be sent.

    Having done that, buyers will be plenty. You want to talk to series buyers on a private channel; phone, real e-mail or online chat. Unfortunately, at this stage there still are tire-kickers. You want to filter out those and discard them. I recommend one mindset: treat your car as your daughter and you are looking at son-in-law candidates.

    I do not have experience with other methods. Hope this is useful.
     
  12. Ron328

    Ron328 F1 Rookie
    Silver Subscribed

    Mar 10, 2003
    2,615
    Willamette Valley, Oregon
    Full Name:
    Ron
    #12 Ron328, Aug 3, 2014
    Last edited: Aug 3, 2014


    I didn't read the rest of the thread but anyways, after 11.5 years of ownership I sold my 328 (to an Fchatter) thru this site.
    Sale pending in less than a week but it took 3-4 weeks to complete the deal (bec of ppi, dealer far from where I live, minor repairs, my schedule, etc).

    I initially thought of putting it on consignment or just trading it in but I am glad I didn't.
    I didn't want to lose 10% of the car's purchase price.

    Below was my ad. Disclosed everything. Don't be vague, like I don't understand when sellers say, "last major 3000 miles ago" which doesn't mean anything to an educated buyer.
    Good luck.

    http://www.ferrarichat.com/forum/ferraris/444438-1989-ferrari-328gts-red-tan.html
     
  13. Yo328

    Yo328 Karting

    Jul 26, 2014
    181
    Brentwood CA
    Full Name:
    Yoram Limor
    I am in the market for a Red/Tan 328 and would love to buy directly from someone. I have the wife's O.K. too. Actually selling her 73 Super Beetle to make room in the garage for a 328. My turn to have a toy.
    I would love to buy directly from someone here. I just missed one that was listed for $46K but a dealer bought it and he is now asking around $60K for it. It pisses me off when they pick these cars up at fair prices and then mark them up.
    If you decide to sell or anyone knows someone selling please hook us up. Thanks...
     
  14. lostbowl

    lostbowl Formula 3

    Apr 30, 2009
    1,246
    Michigan
    Full Name:
    Tom
    Good luck! I have had allot of weirdos from would you drive my son to HS one day, I just wanted to drive it, all the way down to "I just wanted to see it". Not to mention all the emails and phone calls. I know we live in a remote area but I had no problem driving 500 miles to purchase it. I would rather keep her but my health dictates that she goes. Lost
    PS only two solid prospects in a year but wanted me to drop the price, not!
     
  15. Ferraripilot

    Ferraripilot F1 World Champ
    Owner Project Master

    May 10, 2006
    17,189
    Atlanta
    Full Name:
    John!
    Don't sell it yet. Wait 5 years. You will be glad you did.
     
  16. jsa330

    jsa330 F1 Veteran
    Silver Subscribed

    Oct 31, 2003
    9,881
    75225
    Full Name:
    Scott
    I consigned mine to the shop that maintained it. Never advertised; took five months to find a buyer who knew a really good car when he saw it and was willing to negotiate for a fair price. Well worth the wait.

    In between, many tire-kickers and hot-deal seekers came and went.
     
  17. GrigioGuy

    GrigioGuy Splenda Daddy
    Lifetime Rossa Owner

    Nov 26, 2001
    29,547
    E ' ' '/ F
    Full Name:
    Trailer Swift
    Based on my abortive attempt to sell the 328 years ago, I would recommend consigning it. I advertised it locally by myself and all I got were tire tickers who wanted to play with the car, or jerks who expected a perfect car for salvage prices.
     
  18. jjmalez

    jjmalez F1 Veteran
    Silver Subscribed

    Apr 8, 2005
    5,992
    Northern Illinois
    Full Name:
    Joseph
    ^^^ this.
     
  19. jsa330

    jsa330 F1 Veteran
    Silver Subscribed

    Oct 31, 2003
    9,881
    75225
    Full Name:
    Scott
    James P. showed those guys the door...
     
  20. mike996

    mike996 F1 Veteran

    Jun 14, 2008
    6,691
    Full Name:
    Mike 996
    Probably good advice, and my wife totally concurs... :)
     
  21. nerofer

    nerofer F1 World Champ

    Mar 26, 2011
    11,990
    FRANCE
    Well, maybe not that long...there is one '89 328 GTS with 6110 miles on E-Bay UK (OK, OK, RHD...) This morning with an asking price (I know, I know: she'll probably trade lower but nevertheless!) Of 115.000 GBP, which is roughly 175.000 american dollars.
    So wait a few months and you should be able to trade it for a second-hand 458 Italia. How 'bout that?
    Rgds
     
  22. Albert-LP

    Albert-LP F1 Veteran
    Owner Rossa Subscribed

    Sep 1, 2010
    7,784
    around Modena, Italy
    Full Name:
    Alberto Mantovani
    So we have to wait until we can trade it for a new 458Speciale... :)
     

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