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Old 03-23-2006, 01:48 AM   #173
sameerrao
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Join Date: Apr 2004
Location: TX
Posts: 3,850
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Yeah the game that you mentioned is a well known fact where certain buyers flip their cars after driving it for <1000 miles and sell it at cost to the dealer who then can sell it at a mark-up to other buyers. The flippers are favored by dealers and always land up early in the waiting list of every new model that comes out.

There are three ways to handle the Ferrari situation, buy new at MSRP but be prepared to wait for X years - in the meantime by a older model to keep you satisfied till the new one arrives or Option B, bite the bullet and buy a flipped car at a premium, or lastly option C, wait 2-3 years till there is a hint of the new model coming out and then pick up the current car at a depreciated price.

The 360 Modena is a good example. When it came out it was flipping at 250K for some time - people who bought the Spider paid 300K for it which is a amazing 100K premium. But now you can pick it for 150K for car in really good condition.

Whether one chooses option A,B,C it doesn't matter - you get a fabulous car and that is all that is important.

The good news is that the flipping premium on the 430 coupe and spider has deflated a bit now. So that is good for future buyers.

Great review of your 430 BTW ...
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