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Yellow Compass Supercars - reviews-opinion

Discussion in 'Ferrari Discussion (not model specific)' started by PFSEX, Sep 4, 2020.

  1. PFSEX

    PFSEX Formula Junior

    Jun 30, 2006
    843
    Las Vegas
    Full Name:
    John Ratto
    I am thinking of doing business with these guys. Anyone familiar with them? Experiences good or bad?

    Thanks for any help
     
    anunakki likes this.
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  3. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    15,773
    not a traditional dealer but he finds some great stuff. i actually like the way he works.
     
  4. CoreyNJ

    CoreyNJ Formula Junior
    Silver Subscribed

    Apr 17, 2006
    623
    New Jersey Shore
    Mike is a great guy and helped me find my 430. He was super helpful in getting the PPI, 1st service and sorting out a last minute insurance snafu. If this is your 1st pre-loved Ferrari, you need a guy like him so that you minimize the chance of not having a great experience.

    Cheers,
    Corey
     
    625TR, VAF84, anunakki and 3 others like this.
  5. Regular Guy 01

    Regular Guy 01 Formula Junior
    Silver Subscribed

    May 10, 2011
    314
    Tacoma, WA
    Full Name:
    Eugene Greer
    I bought my car from another dealer (as he didn't have what I wanted available) but in the time since I have gotten to know him on personal level.
    I would have no worries in doing business with him as he is a wealth of knowledge and has connections all over to get things done.
    Mike has become a good friend and he will treat you the same way.
    You couldn't be in better hands....

    Best wishes,
    Gene Greer
     
    625TR, Gh21631, anunakki and 3 others like this.
  6. schwoo

    schwoo Formula Junior

    Jun 22, 2013
    791
    Florida
    Full Name:
    Marquette
    I’ve done business with Mike. Honest, fair, very hard worker. I would highly recommend Mike without any hesitation.

    Raymond Marquette MD


    Sent from my iPhone using Tapatalk
     
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  8. whatheheck

    whatheheck F1 Rookie
    Silver Subscribed Owner

    Mar 27, 2006
    3,965
    Seattle, Wa
    Full Name:
    Dan L.
    As others have said, Mike is a great guy.

    Read all the reviews here about doing business with him.

    All positive.


    Sent from my iPad using Tapatalk
     
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  9. arizonaitalian

    arizonaitalian F1 World Champ
    Silver Subscribed Owner

    Oct 29, 2010
    14,183
    Wyoming
    ^^^ As per above in my experience as well. Fun, high-energy, knowledgeable. You are in good hands with him on either side of a transaction imho.
     
    anunakki likes this.
  10. 1949live

    1949live Karting
    Silver Subscribed

    Sep 18, 2014
    88
    Denver, Colorado
    Full Name:
    David
    I second all the good comments about Mike. Very knowledgeable, great connections, always willing to help even if you didn't buy a a car from him
     
    VAF84 and anunakki like this.
  11. cls

    cls Formula 3

    Jun 12, 2007
    1,622
    Los Angeles/Montreal
    Full Name:
    Chris
    Meh, I contacted Mike a couple of times. He called back with TONS of enthusiasm, but then never followed through. I moved on.
     
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  13. FXRcR1

    FXRcR1 Rookie

    Jun 15, 2004
    13
    Another positive review for Mike here. He spent a very long time helping me find the perfect car and then a couple years later helped me find an even more perfect buyer when I wasn't even really looking to sell. I have no complaints about dealing with him. A bit unorthodox compared to some no doubt, but the results speak for themselves and he has many satisfied clients who have been able to obtain cars not widely available (or technically available at all in some cases).

    As he says, just give him a call. It costs you nothing to bend his ear and he may just have access to exactly what you want that you haven't been able to find anywhere else.

    The only downside I suppose is that he probably had too many great cars in his Rolodex at any one point. So if you call looking for XYZ don't be surprised if he also tells you about this amazing ABC he has that you might be interested in. If you are easily swayed to amazing examples that can be problematic haha. I can't tell you how many times I seriously considered a car that I wasn't specifically looking for along the way. Just make up your mind on what you are looking for and stick to that, it will make the process easier for both parties.

    Cheers

    Sent from my SM-G975U using Tapatalk
     
    anunakki likes this.
  14. 96redLT4

    96redLT4 Formula Junior

    Feb 20, 2009
    444
    California
    Full Name:
    Jim
    I tried to contact him once through his website and never got a response. I think if you really want to get ahold of him you need to call. I am sure he is kept busy as we are a demanding bunch. Lots of rave reviews. Sounds like a good guy.
     
  15. LI2782

    LI2782 Formula Junior
    Silver Subscribed

    Jul 19, 2010
    780
    He rubs a bunch the wrong way with his posts, but he weathered the criticism well. Most people who actually work with him seem very happy so that’s what counts, right?
     
    Smiles, ScottS, VAF84 and 2 others like this.
  16. PFSEX

    PFSEX Formula Junior

    Jun 30, 2006
    843
    Las Vegas
    Full Name:
    John Ratto
    I decided to use Mike to sell my 360. It was a very positive experience. Highly recommended!
     
    anunakki likes this.
  17. climbernyc

    climbernyc Rookie
    Silver Subscribed

    Aug 15, 2020
    46
    Full Name:
    Eric
    Mike has been counseling me during my search for a 550- he has been fantastic. He doesn’t have one to sell me but is helping nonetheless
     
    ScottS likes this.
  18. Wikdstrate

    Wikdstrate Karting
    Silver Subscribed

    Mar 25, 2013
    229
    New York
    Full Name:
    Alec
    Mike is a good guy, tries very hard, but his personality is polarizing. You either love him or hate him.

    It is ALWAYS easier to buy a car than to sell a car. I had no luck with him selling my 430 Scuderia.

    YMMV.
     
  19. Husker

    Husker F1 Veteran
    Silver Subscribed

    Dec 31, 2003
    8,862
    western hemisphere
    How does Mike make his money ?
     
  20. Gh21631

    Gh21631 F1 Veteran
    Silver Subscribed

    Feb 24, 2011
    6,148
    East
    He makes a bit of money on the transaction but much less than a dealer would charge so more cost effective for the buyer and seller. He will also help with all of the logistics so definitely earns his money.
     
    Husker and climbernyc like this.
  21. Ricambi America

    Ricambi America F1 World Champ
    Sponsor Owner

    I'm not unbiased, because I do work with Mike on some of the cars he's preparing for sale.... but I'll tell you, if anyone has a deep and unwavering passion for these cars, it's him. He seems to know where the hard-to-find cars are hidden, and he seems to have the ability/skill/desire to shake a tree and put buyers together with sellers.

    Whether or not a buyer/seller wants to go on a vacation to Costa Rica with Mike is somewhat irrelevant; his business is transactional. In our little fish bowl (bowel?) of relatively supply and unlimited demand, he does pretty darn good job making both parties of a deal feel like the winner. And that ain't easy.
     
  22. climbernyc

    climbernyc Rookie
    Silver Subscribed

    Aug 15, 2020
    46
    Full Name:
    Eric
    I’ve been kissing a lot of frogs through “dealers” on my quest for the right 550. You would be surprised how inconsistent they are in terms of knowledge, history of the car they are selling, etc. Mike continues to provide advice even though he has no skin in the game. He clearly loves what he does, and it shows.
     
    Husker likes this.
  23. ScottS

    ScottS Formula 3
    Owner

    Mar 2, 2004
    1,632
    Winter Park
    Full Name:
    Scott S
    Mike is a truth teller. He will tell you what your car is worth in this market and what you will get. He loves these cars like us. He knows whats out there and helps you buy the seller and the car. He knows what you are buying and I think he tries to convey it to you.

    I have not bought a car but have had several interactions and conversations about my FF and a potential 308gt4. I also thought about selling my 430 through him but I want stupid money and don't want to waste his time. ;)
     
    climbernyc likes this.
  24. Husker

    Husker F1 Veteran
    Silver Subscribed

    Dec 31, 2003
    8,862
    western hemisphere
    I'm down for that. Capitalism is what makes the world go 'round.
     
  25. Corsair66

    Corsair66 Formula Junior

    Mar 14, 2016
    337
    Clermont, FL
    Full Name:
    Ken
    My experience exactly. Mike is nice enough, in a brash, over-enthusiastic, difficult to get a word in edgewise NY manner, but was absolutely all talk when it came to selling my F430. I have nothing against him, but wouldn't bother calling him again, especially if I were the seller in a prospective deal.
     
    Wikdstrate and cls like this.
  26. Mtt83506

    Mtt83506 Rookie

    Apr 11, 2021
    1
    Full Name:
    Mike tanoue
    Anyone else able to provide more insight on this since late 2020? Newcomer to the forum. Interested as well in garnering as much information as I can.


    Sent from my iPhone using FerrariChat.com mobile app
     
  27. 3POINT8

    3POINT8 F1 Rookie

    Jan 23, 2014
    2,600
    HOLY COW BATMAN WHAT'S WRONG WITH HIS POSTS??!!!!!
     
    HH11 likes this.
  28. G8TD

    G8TD Karting
    Rossa Subscribed

    Apr 25, 2004
    73
    Houston
    Full Name:
    Joe
    You really need to read this thread
    https://www.ferrarichat.com/forum/threads/anyone-that-wants-to-buy-or-sell-a-ferrari-the-right-way.586271/

    You can't make everyone happy, no matter how good you are. With that said, My personal experience with Mike while looking for, and finally buying my Ferrari was nothing but positive. If he thinks you're off base he'll tell you. Maybe that rubs some people the wrong way. I prefer someone to be straightforward with me rather than sugarcoat things. The posts of actual buyers and sellers that have dealt with Mike in that very long thread are what prompted me to initially pick up the phone. I'm very glad that I did. When a guy like Berman will happily take your call without asking for a credit card number and give you sound advice whether you end up dealing with him or not says a lot. Good luck on your hunt!
     

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