mainlandboy
mainlandboy Reader
5/9/22 3:41 p.m.

Did anyone else follow this auction that closed this morning?

https://bringatrailer.com/listing/2017-ferrari-laferrari-aperta/

As high of a price as it is, is it safe to assume that it will continue to appreciate in value?

stuart in mn
stuart in mn MegaDork
5/9/22 4:34 p.m.

I don't think it's ever safe to assume the value of a car will continue to appreciate, even for a Ferrari.  The collector market has always had peaks and valleys.

Steve_Jones
Steve_Jones Dork
5/9/22 6:32 p.m.

A neighbor has one, crazy, crazy car. When you see it on the road you're not really sure what you're looking at until it's long gone. 

Slippery
Slippery GRM+ Memberand PowerDork
5/9/22 7:27 p.m.

Saw two on the same day a while ago, and then a little while later a Toyota 2000GT. Crazy, lol. 

californiamilleghia
californiamilleghia UltraDork
5/9/22 8:08 p.m.

What was the commission on BAT compared to one of the big Monterey auctions ?

dculberson
dculberson MegaDork
5/9/22 8:16 p.m.

In reply to Steve_Jones :

I saw one on the street and it was definitely a head turning looking it up later kind of moment. 

c0rbin9
c0rbin9 Reader
5/9/22 9:22 p.m.
californiamilleghia said:

What was the commission on BAT compared to one of the big Monterey auctions ?

BaT commission is 5% of the final bid, with a $5,000 cap. So 1/10 or less than the typical auction houses.

Appleseed
Appleseed MegaDork
5/9/22 10:38 p.m.

Money laundering.

johndej
johndej Dork
5/9/22 11:47 p.m.

In reply to Appleseed :

I mean, looking at what they're going for that seems like a slightly high but typical price. Lots of sales over past few years in the $3-7MM window.

hybridmomentspass
hybridmomentspass HalfDork
5/10/22 9:02 a.m.

Remember when BAT was, truly, for projects and stuff? Peppridge Farm remembers...

 

I used to love looking at piles of parts and stuff on there, things that would, one day, be feasible for my government salary. Now...like every week is a 900k+ car

Im not complaining, its cool to see. But it's different. 

aircooled
aircooled MegaDork
5/10/22 9:13 a.m.

So, it used to be bring a trailer because there is no way it can be driven and now it's bring a trailer because you would not want to risk driving it and you are just transferring it from garage womb to another garage womb.

Fortunate name choice then.  Worked out a lot better than the 99 cents store!

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