Coupe prices - what's happening?

Ewan said:
No. Did try to buy that barn find Jarama a fortnight back. But the restoration required was at least £150k (and I took and sent detailed pics to the the top 4 Lambo restoration companies in the UK and Italy), so even getting vaguely close to parity/value proved impossible.
It was a 9 hour round trip to view that car, just to find that the owner was a fantasist when it came to the true value of what he has. Such is life.
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I bid him £30k at it (presumably the white car ) - we spoke for a few days and he kept chipping down from £45k , he got £35k for it eventually - the worry for me was he was a car restorer by trade , had changed all the engine parts to get it started but hadn’t managed it ….
 
Mattmaser said:
I bid him £30k at it (presumably the white car ) - we spoke for a few days and he kept chipping down from £45k , he got £35k for it eventually - the worry for me was he was a car restorer by trade , had changed all the engine parts to get it started but hadn’t managed it ….
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You had a lucky escape. He was accepting £25k from me for it, before I wised up and offered him £10k. Which was still more than it was worth, other than as parts.
As a restoration project, financially, it would be crazy. But let’s hope someone bites that bullet, as with a full restoration by appropriate specialists (at say, £200k) and a colour change, it would be lovely.
 
Ewan said:
That tatty bonnet badge would drive me potty - for the sake of peanuts, why not change it and smarten up the whole car?!
Maybe selling now as (nearly) everyone is off work, so might be on their computers, looking for a bargain, after a few Christmas sherbets. Either that or they need the money.
My guess is that it'll get to about £14k.
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Hit 18.75k (so 20k with fees) and didn't sell as under reserve. Wonder what price they want, seems to me that it did pretty well.

There's another one on ending tomorrow, less good colour and a coupe not a spyder, and service history gap between 2018 and 2024: https://collectingcars.com/for-sale/2007-maserati-gransport-3
 
PrinceRupert said:
Hit 18.75k (so 20k with fees) and didn't sell as under reserve. Wonder what price they want, seems to me that it did pretty well.

There's another one on ending tomorrow, less good colour and a coupe not a spyder, and service history gap between 2018 and 2024: https://collectingcars.com/for-sale/2007-maserati-gransport-3
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The silver coupe ending tomorrow is the one I was talking about! With the tatty badge. It certainly won’t make £20k!!!
 
Ewan said:
The silver coupe ending tomorrow is the one I was talking about! With the tatty badge. It certainly won’t make £20k!!!
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Ah! I thought you meant the red Spyder. My bad. I just got an email saying the reserve was lowered on the silver coupe. Though, of course, it doesn't tell you what the reserve was to begin with ...

Keeping an eye on it to see if might be worth a cheeky bid. I see it says "vehicle is company registered" - not sure if that means 20% VAT needs to be paid as well...
 
PrinceRupert said:
Highest bid was only £9.3k. Im not sure i see the point of reserves in auctions close to the anticipated price - just sell it as a classified then.
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I know exactly what you mean but think it’s essentially the ‘thrill of the chase’ and works better for some buyers than others.
 
PrinceRupert said:
Highest bid was only £9.3k. Im not sure i see the point of reserves in auctions close to the anticipated price - just sell it as a classified then.
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It’s very interesting and difficult psychology.

Part of it is misunderstanding what reserves and auctions actually are. We get sellers “shopping around” for who will “offer” the highest reserve.

We try hard to explain to sellers what a reserve is actually for - it’s basically just a safety harness. The market will only pay what it will pay. A higher reserve won’t magically make the car worth more, it will (i) just help us avoid a 9/11 type day where nobody bid due to external factors and (ii) actually harm your sale because bidders give up when they get near the market value and don’t see the reserve has been met. You don’t get the “runaway bidding” which is absolutely priceless in auction terms, and is a vital part of the psychology that makes auctions work for all parties.

We discuss at length with sellers where we think the reserve should be set, but 90% of the time they want it too high. We refuse to pressure sellers like other auctions do, though. It can be brutal, and that’s not a nice experience.

The really sad thing is that this often ends in regret: in most cases of unsold cars, the sellers want us to negotiate a sale post-auction, often below the actual high bid - which would have seen the deal complete, had the reserve been appropriate.

So they get less money than they would have done if they’d set a lower reserve.

However, often people just need to go on a change journey. Anchoring is a **** of a drug - people anchor their perception of what their car is worth on the most expensive classified they can find, and theirs “should be more because it’s better”. Even when it isn’t. But it’s theirs, so it feels like it’s better, to them at least. And this ignores the fact that classified asking prices aren’t real- they’re mostly wishful thinking and actual sale prices are lower. It’s tough, emotionally, for many to let go of that.
 
ebay.us

2005 05 MASERATI GRANSPORT 4.2 COUPE 2DR PETROL AUTOMATIC (400 G/KM, 395 BHP) | eBay UK

Find many great new & used options and get the best deals for 2005 05 MASERATI GRANSPORT 4.2 COUPE 2DR PETROL AUTOMATIC (400 G/KM, 395 BHP) at the best online prices at eBay UK! Free delivery for many products!
ebay.us

A 2005 Gransport with 40k miles. Looks superficially nice but advert light. Claims full s/h though last one in May 2023. Front seats look a bit suspect. Only made £13 600.

Edit: it is this one - https://www.sportsmaserati.com/inde...neo-with-blue-technical-cloth-interior.40493/
 
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PrinceRupert said:
ebay.us

2005 05 MASERATI GRANSPORT 4.2 COUPE 2DR PETROL AUTOMATIC (400 G/KM, 395 BHP) | eBay UK

Find many great new & used options and get the best deals for 2005 05 MASERATI GRANSPORT 4.2 COUPE 2DR PETROL AUTOMATIC (400 G/KM, 395 BHP) at the best online prices at eBay UK! Free delivery for many products!
ebay.us

A 2005 Gransport with 40k miles. Looks superficially nice but advert light. Claims full s/h though last one in May 2023. Front seats look a bit suspect. Only made £13 600.

Edit: it is this one - https://www.sportsmaserati.com/inde...neo-with-blue-technical-cloth-interior.40493/
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That interior is a bit marmite. That might restrict appeal to less buyers than usual hence the lower than expected price.
 
If anyone is in the market for an excellent, manual 3200 GT in superb condition and mega history, contact me.
It’s blue, with low mileage (about 40k, from memory), currently professionally stored here in Dorset.

Rather than buying a cheap car that then requires thousands of Pound's and months of work, this gets you into a fabulous 3200 instantly for a lower total spend.

Must be at least as good as any other U.K. RHD 3200 currently available, and way better than the majority. Very realistically priced, at towards mid teens.

Will be going on the more open market later in the spring.
 
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