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Ferrari Market Letter Asking Price Index?

Discussion in 'Ferrari Discussion (not model specific)' started by redcar1, Jan 17, 2007.

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  1. redcar1

    redcar1 Formula Junior

    Nov 3, 2003
    628
    austin, tx
    Full Name:
    Mark
    #1 redcar1, Jan 17, 2007
    How does FML determine the values for their "Asking Price Index"?

    It is a fascinating matrix of trends, but where do these numbers come from? Several models that are not represented in the classifieds still have very precise asking prices. What really made me start to wonder was the fact that 275GTB and 275GTB/4 show asking prices of $333,855 and $579,775, yet one of each is listed in the classifieds at $625k and $850k respectively.

    Are these numbers based on a much larger survey of market prices?

    Mark
     
  2. redcar1

    redcar1 Formula Junior

    Nov 3, 2003
    628
    austin, tx
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    Mark
    #2 redcar1, Jan 17, 2007
  3. GCalo

    GCalo F1 Veteran

    Sep 15, 2004
    7,645
    Northern California
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    Greg Calo
    #3 GCalo, Jan 17, 2007
  4. El Wayne

    El Wayne F1 World Champ
    Staff Member Lifetime Rossa Owner

    Aug 1, 2002
    18,069
    San Marino, CA
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    L. Wayne Ausbrooks
    #4 El Wayne, Jan 23, 2007
    The API is always going to be behind current asking prices during periods of rapid change and will catch up as the market levels out. More here: http://www.ferrarichat.com/velostrada/issues/200507/05Ausbrooks-Market_Guide.htm
     
  5. jungathart

    jungathart Guest

    Jun 11, 2004
    3,376
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    Komrade Jung
    #5 jungathart, Jan 23, 2007
    Very informative thread.
     

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