I am an exclusive bottom feeder. Maybe - ten years after a manual transmission is available. My last new fun car was a BMW 2001 Z-3 3.0 with a manual transmission. I only lust after the old stale crap that is out of style and unwanted, by the jet setters. No more new fun cars for me.
you'd have to ask that "Ferrari guy", not me, if he paid too much for their purchase. Anyone can justify anything at any time if their logic suits them
Try buying a 812 Spyder at sticker if you’re not a friend of the devil, I mean dealer. Sent from my iPhone using FerrariChat
The “value added” is the getting the car quickly and easily part. And that value is considerable. There’s no exploitation here. For whatever reason, that seems lost on most people. Again, ‘Merica.
And the blatant (and I thought illegal?) tying that Ferrari does making a customer buy another car to get the one they want. There’s no way around it...whining about corvette early access premiums by ferrari guys is a bad look.
I agree with you in a sense, and I hope would never do it. However, characterizing the purchase of a toy or luxury item as “exploiting” is a bit incongruous in my mind.
I wasn’t even a teenager when Testarossa came out. Genuinely would like to know what they were going for? What was the mark up at its height? It would be better if you pm me please so we don’t derail this for sale thread anymore than it already is!
My neighbor down the street just got a brand new rapid blue LT2 Z51 Vette- he let me me drive it last night— this thing is a game changer— great cabin, awesome dash and controls, great handling dynamics, power is plentiful even though he’s in break-in. Great physical presence! May be in my future as well. Sent from my iPhone using FerrariChat
I'm usually pretty quiet about this subject, but I just have to say that is silly. The market dictates pricing. Same as the stock market, the real estate market, the gold market or the supermarket. In most cases with cars, the market dictates that they are worth less than MSRP, which is why most new cars can be bought at a discount. In rare circumstances, the manufacturer gets their pricing wrong, and the car is worth more than MSRP. If someone is smart enough to buy a car, a stock, a house, or any other asset at a price that allows them to make an immediate profit, you have a problem with that? You are now the decider of who can make how much money and when? You think that collectors who sell classic Ferraris for millions of dollars should sell them at their orignal MSRP, because they are scarce and someone is taking advantage? This is no different except this Corvette is a new car. We write the check and take the risk and have a right to make a profit. Someone deciding whats fair and wanting everyone to have the same price is called socialism.
I was trying to stay quiet since I think its bad form to crap on someones classified ad, but since you've responded I think that opens it up. What I think most of us are failing to see is what value you are providing. It appears that you will be making $20k of profit just because you were able to talk to the dealer before anyone else. What risk did you take? If the Vette was a dud and only sold at or below MSRP at launch what would you have lost? From what I heard the deposit prices were pretty low, so it really seems to an outside observer that you are just using your dealer connections to make a quick buck.
Combinations of factor. First the car was amazing and looked amazing. It was the biggest symbol of "I have made it" and the 80s were all about that. Second, people were making a lot of money in the 80s/90s despite the 87 crash, before the gulf war. 3rd Enzo Ferrari died and people started to freak out that Ferrari would become something else so they wanted to be able to buy the last new Ferraris from the Enzo era. Even 328s were selling for 2x MSRP in Europe. I was a kid but remember discussing this with my dad who at the time was able to sell his new 328 GTB for 2x and get an order for a new TR (He had been a long time client at the time already).
I just offered 50% over on a property/lot the day it was listed last week and still lost. The notion that asking price is a direct reflection of its market value is silly. What I suspect GM is doing is aiming the MSRP at a price point they think is sustainable long-term, so they don't have to throw heavy-incentives in a year or two to keep volume up (like the NSX, for example). If Chevy ran a pricing regression and raised the MSRP, we'd have a bunch of people up in arms about that. Maybe we should have digital monroney labels so we can reflect the daily price like a gas station, or maybe we just list "market price" on the sticker like you're buying a lobster at a restaurant and you can find out the cost when you're signing your paperwork, lol. I've had friends with old WRX's get offered $10k over book when they took it in for an oil change, another who got offered $5k over on his Excursion at a gas station this month. The value-add in this scenario, again, is time. If time doesn't matter, maybe Amtrak should charge regional prices for the Acela, Disney get rid of express passes, we eliminate all express lanes, and so on. It bugs me on one hand, but when it comes down to it - I'll also gladly pay $25 in tolls on 495 when trying to leave DC on a Friday. The seller is being transparent about what he is doing and what he is charging. I know people who paid $200k over on 360 spiders back in the day - that's almost $300k in today's dollars. How'd that work out? $150-200k over on Scuds, 599s, etc, but we're all worked up and stealing this guy's thread over $20k after trillions of dollars got pumped into the market. Have you ever seen an art auction? Do you know about buyer/seller fees at car auctions? Lol What's funny is knowing people in the business who get watches, trips, motorcycles, etc. worth more than $20k thrown at them as a thank you for handling the relationship and transactions well (not to be confused with bribes or kickbacks - but for not betraying trust and providing seamless experiences). Don't want to get off-subject, but to act like there's not a fair number of people out there willing to spend a little extra to get what they want when they want it is naive. That's probably why none/not many have chimed in - they don't have time for this.
Thanks for the info. I had heard they were above msrp but I didn’t know the reasons. Now if someone wants to pay that much more over msrp I have one for sale!!! Let’s not derail this for sale thread anymore! So bump to the top for the seller.
A guy is trying to make a living and all the smart alecks are out on his thread. Second don't judge others by your values and limited capital. I just talked to a friend who's wife is a realtor. A house came up for sale for $17,000,000. Knowing the comps the wife said "This house is maybe worth 6-7 million". She happens to have a client who is a billionaire. The client and his wife looked a the house and liked it and said "We will buy it. We are going to offer 15 million"; they got the house. Now the peasants in the room, including yours truly, make think that is ridiculous and from our vantage point it maybe but for the billionaire,self-made and very bright, a good deal.
