http://cgi.ebay.com/ebaymotors/1992-Ferrari-512TR-Testarossa-25K-Orig-Miles_W0QQitemZ330194441108QQihZ014QQcategoryZ157049QQssPageNameZWDVWQQrdZ1QQcmdZViewItem
NADA says it should be at least $60,000, but the seller is expecting less that $20,000. Something is obviously wrong, but I just don't see it. Any ideas?
Note: I have absolutely no intention of buying this car. I just like to window shop.
2007-12-04 10:33:03 · 4 answers · asked by Anonymous in Cars & Transportation ➔ Car Makes ➔ Other - Car Makes
Meant to write "less than", not "less that."
2007-12-04 10:33:45 · update #1
It's a new seller with zero feedback, and he invites you to contact him outside of the auction if you're interested.
I'd be concerned about the legitimacy of the auction.
A common problem on ebay is crooks will list high valued items at incredibly low prices. Then they ask you to pay by Western Union so your payment can't be traced.
2007-12-05 03:52:20 · answer #1 · answered by Mark H 5 · 0⤊ 0⤋
Hard to say given the information given, though it certainly does seem suspect... but that said, based on the pics, it is a Ferrari (since the Testarossa kit cars based on Fieros have the wrong proportions).
So why? Well, as a generalization, the Testarosa hasn't held it's value as well as earlier V12 Ferraris, and the earlier (upto 1992) ones generally proven much less popular than the later 512TR. But while market forces can explain the occassional car like this that pops up in the high $40k or low $50k range, it wouldn't explain this.
The seller says it has 428hp... the factory rated the car at 390. So there is a chance there are some non-stock parts on the car. For some, this could seem like an upgrade, but for many looking at a car like this, it would be a source of devaluation (especially given the likelyhood that such a modifaction could come at the cost of reliability, which was this car's strong suite). But still, probably not this much.
The car is probably a salvage title... it doesn't say, but this would have a pretty heavy effect on the car's value. Though probably still not as much as is listed.
Which comes down to: most likely all of the above, and some costly issue that needs to be fixed that hasn't been revealed in the ad (but would immediately show up on a prepurchase inspection).
2007-12-05 11:35:58 · answer #2 · answered by Paul S 7 · 0⤊ 0⤋
Why would anyone buy a car from a man who can't even take the time to spell all of the words in his "details" section right? I could be wrong, but aren't most wealthy people educated enough to recognize simple spelling errors? I love that currently, some moron has put up $8300 to buy this supposed Ferrari. Maybe it is a replica, or even a scam altogether. As I said, these are just my thoughts. I could be wrong, I could be right.
2007-12-04 13:16:27 · answer #3 · answered by stewart gilligan griffin 2 · 0⤊ 0⤋
transmission, moter not running well, alot of things cheap paint, big internal problems. or maybe just a rich guy and wife making him sell the car lol
2007-12-04 10:42:53 · answer #4 · answered by Anonymous · 0⤊ 0⤋