Good question. I would only do so if the car at the auction is not available by any other way, which is most often not the case. Onno
Agreed. And if, like Oscar states, the buyers did indeed do their homework, they would have also known where to find the goods. The premium seems to be a high price to pay just to see your name in lights?
Thanks, Oscar. I couldn't buy a car at auction unless I knew a lot about it ahead of time. On the other hand, I'm lucky to have a good friend who works for one of the premier houses, so....
I'm afraid I don't understand. Are you saying the car had faulty brakes that were only discovered on your test drive, and that Mr Sheehan repaired them before Monterey? Or that all 275's had poor brakes, a la series 1 E-type Jaguar?
Buying at a Car Auction is not so bad and is in some times even better as long as you know what you are buying and at what price, you have more buyers who buy at dealers or private buyers which do a much worser deal, only tell afterwards how good the deal and the car is, and that is not the story at an auction everybody saw what you did. The Corvette at the RM auction was a steal, especially after the sale I spoke with the old owner to whom I sold a 275 gtb/4 a couple of years ago. Who told me that everything was matching and all the books and invoices where with the car, so that is a good car for the buyer at a very nice price. Also when you are interested in a car and stay around the car at the auctions viewing time, then you will know about everything you need to know about that car. Only when you do No homework and listen to nobody elses opinion about any article you want to buy on an auction, then it becomes a pokergame and you have to be a man and take your gains or losses. To my opinion RM auction have done again a very good job at a bizarre time and have showed that it goes not only about money, but mostly about owning that one special car you have always dreamed about.
The brakes were just at the end of there life when I bought it. I had the brakes redone, suspension rebuild, etc immediately after taking delivery. It would stop, but gradually and lots of pressure. After everything was done the car drove great; handling, feel, stopping, and oh that motor. I was aware of unrelated damage that was repaired prior to my ownership. Still, one of the great Ferrari's. I was coming from a BMW M1 which to this day is the nicest steering car I've driven (although modest aerodynamics in stock trim), plus terrific brakes. George
Hello Forum Our galleries are now online at Barchetta These are some shots from the preview day on thuesday: http://www.barchetta.cc/All.Ferraris/events-stories/events/2008/auctions/rm-london/gallery-01-rm-london/index.html Use the arrows on top to go to the other galleries. We have pictures of allmost every car of the auction, so find the one you are interested in. Regards Peter
Sorry for that error (one of 0,05 % so far). Will be corrected within the next edition. Thanks to you and Marcel for pointing this out. Matthias
