Collecting Cars auction results

Collecting Cars auction results

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21ATS

1,100 posts

72 months

Saturday 18th July 2020
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MDL111 said:
Anybody else bidding on the 550/anybody know anything about the car?
If you mean the Le Mans Blue over Cuoio on CC it's already passed what I'd be comfortable at.

It's a Japanese import with incomplete history and is now at a price that would suggest it's being repatriated to a LHD country,

Interestingly there were three LHD Maranellos at the Historics sale today none of which made reserve (one 550, two 575's), all high bids we're lower than the current bid on the CC car. Bar the manual 575m which I was told got bid up to £100k and still remained unsold. I feel £100K is a pretty fair bid today and the seller may regret not letting it go for that.

Sellers need to realign their expectations on Maranello's which had already slipped before CV-19.

Edited by 21ATS on Saturday 18th July 23:30

MDL111

6,924 posts

177 months

Sunday 19th July 2020
quotequote all
21ATS said:
MDL111 said:
Anybody else bidding on the 550/anybody know anything about the car?
If you mean the Le Mans Blue over Cuoio on CC it's already passed what I'd be comfortable at.

It's a Japanese import with incomplete history and is now at a price that would suggest it's being repatriated to a LHD country,

Interestingly there were three LHD Maranellos at the Historics sale today none of which made reserve (one 550, two 575's), all high bids we're lower than the current bid on the CC car. Bar the manual 575m which I was told got bid up to £100k and still remained unsold. I feel £100K is a pretty fair bid today and the seller may regret not letting it go for that.

Sellers need to realign their expectations on Maranello's which had already slipped before CV-19.

Edited by 21ATS on Saturday 18th July 23:30
Yes that one
I agree history does not look great and it will need a big service straight after purchase.
I have not decided until what level I am comfortable, but I suspect it will be (i) possibly lower than the reserve and (ii) lower than other people are willing to go given I need to factor in the service and lack of warranty. I do love the color combination and fact that it has no shields though, so might stretch a little

21ATS

1,100 posts

72 months

Sunday 19th July 2020
quotequote all
MDL111 said:
Yes that one
I agree history does not look great and it will need a big service straight after purchase.
I have not decided until what level I am comfortable, but I suspect it will be (i) possibly lower than the reserve and (ii) lower than other people are willing to go given I need to factor in the service and lack of warranty. I do love the color combination and fact that it has no shields though, so might stretch a little
It sounds like we're both looking for the same car.

I also like this colour combo, also prefer no sheilds.

I even prefer the standard seats over daytona's.

My preference is any green, any blue, interesting dark reds or grigio titanio, I prefer a light/contrasting interior.

cgt2

7,100 posts

188 months

Sunday 19th July 2020
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It's a 1997 car, I think too early to be offered with factory shields. From memory they only came on stream as part of the Carozzeria Scaglietti option packages from late 1998-early 1999.

MDL111

6,924 posts

177 months

Monday 20th July 2020
quotequote all
21ATS said:
MDL111 said:
Yes that one
I agree history does not look great and it will need a big service straight after purchase.
I have not decided until what level I am comfortable, but I suspect it will be (i) possibly lower than the reserve and (ii) lower than other people are willing to go given I need to factor in the service and lack of warranty. I do love the color combination and fact that it has no shields though, so might stretch a little
It sounds like we're both looking for the same car.

I also like this colour combo, also prefer no sheilds.

I even prefer the standard seats over daytona's.

My preference is any green, any blue, interesting dark reds or grigio titanio, I prefer a light/contrasting interior.
Indeed sounds like it - dark blue and dark green are at the top of my list, followed by black or dark red. Cuoio, crema, black interior. Test drove a 550 for the first time in 2008 or 2009 and still have not owned one ..... one day

willy wombat

912 posts

148 months

Monday 20th July 2020
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Did anyone see what the 599 went for. I saw it bid up to £105k yesterday which was higher than I expected.

Gregor-lun1d

183 posts

97 months

Monday 20th July 2020
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I followed it to £105 (excl fees) but then it went 'unsold'.

Not sure if there was a reserve that it failed to meet, or something else.

willy wombat

912 posts

148 months

Monday 20th July 2020
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If the reserve was higher than £105k someone is dreaming.

Taffy66

5,964 posts

102 months

Monday 20th July 2020
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willy wombat said:
If the reserve was higher than £105k someone is dreaming.
Very good bid IMO and much higher than any trade bid..

Cheib

23,237 posts

175 months

Monday 20th July 2020
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Feels to me like people are getting greedy...my observations are from looking at cars that I am interested in is that cars aren’t shifting and dealers are generally not being greedy with asking prices when they list cars for first time i.e. they don’t have a lot of confidence and want to get deals done.

Interesting Twitter post from SSO

https://twitter.com/SupercarOwner/status/128485161...

The way I am thinking about cars right now is there’s say a 30% chance we have a massive correction and 70% chance the status quo is maintained, There are quite a lot of cars around that aren’t advertised.

OldAndTired

370 posts

45 months

Monday 20th July 2020
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We are about to enter the worst recession and more likely depression the world has ever seen.

The fundamentals are appalling.

The furlough has failed. The taxpayer has just Spent money to delay the inevitable. Complete waste of money.

I hope all those buying these cars are doing so with well earned cash because the job losses are going to be monumental.




ferdi p

1,519 posts

172 months

Monday 20th July 2020
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OldAndTired said:
We are about to enter the worst recession and more likely depression the world has ever seen.

The fundamentals are appalling.

The furlough has failed. The taxpayer has just Spent money to delay the inevitable. Complete waste of money.

I hope all those buying these cars are doing so with well earned cash because the job losses are going to be monumental.
What a sweeping ridiculous comment.

Mine & many companies got thru the lockdown with the help of Furlough.
Everyone is now back at work & we've no intention of laying anyone off.

You sound like a right laugh!!

Drclarke

1,185 posts

173 months

Monday 20th July 2020
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OldAndTired said:
We are about to enter the worst recession and more likely depression the world has ever seen.

The fundamentals are appalling.

The furlough has failed. The taxpayer has just Spent money to delay the inevitable. Complete waste of money.

I hope all those buying these cars are doing so with well earned cash because the job losses are going to be monumental.
If you are free, would you like to come to ours on Christmas Day. You sound like a joy to have around!

OldAndTired

370 posts

45 months

Monday 20th July 2020
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I honestly hope I’m wrong. And I’m certainly pleased to hear you have managed this situation well.

But I’ll stick to my overall fundamental view. Let’s see where we are in a years time.





Cheib

23,237 posts

175 months

Monday 20th July 2020
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It’s great to hear of people that are I businesses that are busy/prospering but there are clearly plenty that aren’t.

I know a couple of people who have hired staff in the last month. Huge number of applications and some very over qualified people looking for jobs.

TP321

1,477 posts

198 months

Monday 20th July 2020
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The 812 Superfast is a bit low on options isn’t it? And not sure that colour interior does it any favours but it’s getting strong money.

Pro Bono

592 posts

77 months

Monday 20th July 2020
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TP321 said:
The 812 Superfast is a bit low on options isn’t it? And not sure that colour interior does it any favours but it’s getting strong money.
Unsold at £220k + £6k buyer's premium. But as the cheapest retail cars seem to be around £250k perhaps it's not not surprising that the seller wouldn't let it go at £220k.

It'd be interesting to know what those cars being advertised at £250k plus are actually selling for.

Cheib

23,237 posts

175 months

Monday 20th July 2020
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None of the lots sold tonight. Don’t know what the other two lots got to.

TP321

1,477 posts

198 months

Monday 20th July 2020
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Pro Bono said:
Unsold at £220k + £6k buyer's premium. But as the cheapest retail cars seem to be around £250k perhaps it's not not surprising that the seller wouldn't let it go at £220k.

It'd be interesting to know what those cars being advertised at £250k plus are actually selling for.
I think the seller is being unrealistic if he thinks that he can get more for it with that colour scheme. The blue Tom Hartley car at £239k has been up for ages and is a great spec - there must be ample room for negotiation there

TP321

1,477 posts

198 months

Monday 20th July 2020
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Cheib said:
None of the lots sold tonight. Don’t know what the other two lots got to.
Maybe the Bounce Back Loans have run out..😂
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