Enzo Prices
Author
Discussion

pistolp

Original Poster:

1,719 posts

253 months

Monday 1st November 2010
quotequote all
Enzo just sold for 640k all in at RM Auction. It had 9k on the clock. With this in mind I find it a tad frustrating that alot of dealers and or owners have their Enzo's up on PH for alot more money, in some cases twice as much. No wonder they spend months and months on there. Waste of time if you ask me.

JDMc

308 posts

214 months

Monday 1st November 2010
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Including buyers premium etc...?

George Matthews

268 posts

200 months

Monday 1st November 2010
quotequote all
Yes, I get what you mean.

Like the 07 plate Enzo up for sale at Romans International. When I visited I asked the guy how much he wants for it as it was POA. £1million minimum! And that was nearly three years ago.

Besides, the high mileage Enzos are probably the better ones to go for as they have been run in and used. You hear horror storys of people who buy super low mileage supercars and have things go wrong with them (usually oil seals) and have to fork out an arm and a leg for an engine rebuild in extreme cases.

Complete waste of time.

AndrewW-G

11,968 posts

248 months

Monday 1st November 2010
quotequote all
In a lot of cases, the cars are advertised speculatively, with the owner not needing to sell the car, but willing to if there was a big enough profit in it for them . . . . . I advertise a friends F40 for him every couple of months for £50k over the current value, simply so he can tell his wife that she was right and he’s trying to sell it hehe

cronk-flakes

3,480 posts

284 months

Monday 1st November 2010
quotequote all
AndrewW-G said:
I advertise a friends F40 for him every couple of months for £50k over the current value, simply so he can tell his wife that she was right and he’s trying to sell it hehe
rofl Genius...

Murcielago_Boy

2,014 posts

270 months

Monday 1st November 2010
quotequote all
pistolp said:
Enzo just sold for 640k all in at RM Auction. It had 9k on the clock. With this in mind I find it a tad frustrating that alot of dealers and or owners have their Enzo's up on PH for alot more money, in some cases twice as much. No wonder they spend months and months on there. Waste of time if you ask me.
THAT is the actual market level behind all the BS on the few adverts.
Exceptions: Undriven cars for museums/collections etc.

The reason why they're advertised way over where they "typically" transact is because you can never exclude the thinkings of an insane Russian etc who will go in and pay whatever you want on a whim because it's just rounding error to him. These people of course distort the market and the silly prices are there to catch these people. Serious sellers like the 11,000 mile car at Dick Lovett price sensibly. The rest are "fishing", trying their luck/not really interested in selling.


Edited by Murcielago_Boy on Monday 1st November 14:46


Edited by Murcielago_Boy on Monday 1st November 14:48

15HN

420 posts

258 months

Monday 1st November 2010
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From the RM website:-

AUCTION RESULTS: Lot was Not Sold at a high bid of £575.000

djtex

449 posts

229 months

Monday 1st November 2010
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I have it on good authority, that Romans sold one of their current 2 red Enzo's two weeks for 950k!!!!!

will_

6,035 posts

234 months

Monday 1st November 2010
quotequote all
15HN said:
From the RM website:-

AUCTION RESULTS: Lot was Not Sold at a high bid of £575.000
Indeed, I thought it hadn't sold, and if it had it sounded cheap(ish). Enzos and F40s have generally risen due to the exchange rate.

Andy 308GTB

3,061 posts

252 months

Monday 1st November 2010
quotequote all
George Matthews said:
Besides, the high mileage Enzos are probably the better ones to go for as they have been run in and used. You hear horror storys of people who buy super low mileage supercars and have things go wrong with them (usually oil seals) and have to fork out an arm and a leg for an engine rebuild in extreme cases.
It has occurred to me that very low mileage F40's, F50's, Enzos etc may be cars that have been trailered to race tracks before being hammered for 60 miles, then put back on the trailer.
In which case, a car that has done reasonable road mileage is probably the better car.

Not a decision that is ever going to trouble me, so I will rest well tonight laugh

George Matthews

268 posts

200 months

Tuesday 2nd November 2010
quotequote all
Andy 308GTB said:
George Matthews said:
Besides, the high mileage Enzos are probably the better ones to go for as they have been run in and used. You hear horror storys of people who buy super low mileage supercars and have things go wrong with them (usually oil seals) and have to fork out an arm and a leg for an engine rebuild in extreme cases.
It has occurred to me that very low mileage F40's, F50's, Enzos etc may be cars that have been trailered to race tracks before being hammered for 60 miles, then put back on the trailer.
In which case, a car that has done reasonable road mileage is probably the better car.

Not a decision that is ever going to trouble me, so I will rest well tonight laugh
Still surely can't do it any good though can it. Ragged around a track and then left in storage for a while before being completely ragged again...


matthewg

1,396 posts

196 months

Sunday 12th December 2010
quotequote all
George Matthews said:
Yes, I get what you mean.

Like the 07 plate Enzo up for sale at Romans International. When I visited I asked the guy how much he wants for it as it was POA. £1million minimum! And that was nearly three years ago.

Besides, the high mileage Enzos are probably the better ones to go for as they have been run in and used. You hear horror storys of people who buy super low mileage supercars and have things go wrong with them (usually oil seals) and have to fork out an arm and a leg for an engine rebuild in extreme cases.

Complete waste of time.
Better to buy porsche turbo?

lipadier

295 posts

199 months

Sunday 12th December 2010
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It's comletely normal to have worthy property (house, yacht, supercar) permanently on display on a sale list, and not just when you quickly want or need to sell it.

melvster

6,841 posts

216 months

Sunday 12th December 2010
quotequote all
The best Enzo for sale is the one Tom Hartley has in, o.k it has done 11K miles but is up for £595K, that is cheap for an Enzo and you know that buying a car from Tom Hartley will be mint, after all, he is known as the premier dealer.

AndrewW-G

11,968 posts

248 months

Sunday 12th December 2010
quotequote all
melvster said:
The best Enzo for sale is the one Tom Hartley has in, o.k it has done 11K miles but is up for £595K, that is cheap for an Enzo and you know that buying a car from Tom Hartley will be mint, after all, he is known as the premier dealer.
Thats one of the following

a: very tongue in cheek, as a car you've bought from him wasnt as good as you thought it would be.
b: You've bought a similar car from TH and it was perfect
c: A post from somebody with no practical experience yet believes the advertising and PR rubbish
d: The great Spanish reviewer el' socko puppet

matthewg

1,396 posts

196 months

Sunday 12th December 2010
quotequote all
Or friends of his has bought a car from Tom and is passing on his opinion?

I know a few chaps who have and no bad experiences to boot.

AndrewW-G

11,968 posts

248 months

Sunday 12th December 2010
quotequote all
matthewg said:
Or friends of his has bought a car from Tom and is passing on his opinion?

I know a few chaps who have and no bad experiences to boot.
I'm not casting any doubt on the level of service offered by TH. My point was, that without a sensible amount of practical experience with these cars and without physically inspecting it, it's impossible and almost foolish, to make statement as to whether it is or isn’t the best example in the UK.

Almost all the specialists in the UK at that sort of price point (W Loughran, Romans Etc) are capable of and frequently do, offer a service at the same sort of level as Tom H

lambo_xx

2,199 posts

228 months

Sunday 12th December 2010
quotequote all
In my opinion Enzo prices are way way to high. Realistically they should be sitting at between £600-700k, maybe £1Million for a brand new delivery miles example, but certainly not for one with a couple thousand miles.

Regarding high mileage cars I guess it depends what you're buying it for. If you're buying it to drive then yes a "higher mileage" (It's mad that 9 or 10k is considered high) is probably the best bet as it' been used. If you're buying it as an investment or to sit in your office and never get driven then the low mileage car is the one to go for, in my opinion.

melvster

6,841 posts

216 months

Sunday 12th December 2010
quotequote all
AndrewW-G said:
melvster said:
The best Enzo for sale is the one Tom Hartley has in, o.k it has done 11K miles but is up for £595K, that is cheap for an Enzo and you know that buying a car from Tom Hartley will be mint, after all, he is known as the premier dealer.
Thats one of the following

a: very tongue in cheek, as a car you've bought from him wasnt as good as you thought it would be.
b: You've bought a similar car from TH and it was perfect
c: A post from somebody with no practical experience yet believes the advertising and PR rubbish
d: The great Spanish reviewer el' socko puppet
A a guy who my dad works with bought a Mercedes ML63 AMG from Tom Hartley about 3 years ago, he said the service was second to none and he thought he was far better than other supercar specialists he went to see in the same sector as Tom Hartley (i will not name the other supercar specialists)

Edited by melvster on Sunday 12th December 19:50

kryten22uk

2,350 posts

262 months

Sunday 12th December 2010
quotequote all
melvster said:
A a guy who my dad works with bought a Mercedes ML63 AMG from Tom Hartley about 3 years ago, he said the service was second to none and he thought he was far better than other supercar specialists he went to see in the same sector as Tom Hartley (i will not name the other supercar specialists)
Maybe, but good customer service has nowt to do with guaranteeing mint cars. That is one dangerous assumption.