The most undervalued classic sports car?

alfatwo

alfatwo

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Don't know about you, But I recon classic Italian cars in general are going down in price!
Defiantly lots of Fezzers, and also 105 series Alfa GT's have levelled out, you don't have to pay 60k anymore for a nice one.
Up to 20k is were its at at the moment!

Dave
 
zagatoes30

zagatoes30

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Classic car prices certainly seem to be cooling but not surprising they did seem to leap during lockdown. Also the number of classic auction sites that have popped up seem to driving supply well above demand.
 
breezer

breezer

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zagatoes30 said:
Classic car prices certainly seem to be cooling but not surprising they did seem to leap during lockdown. Also the number of classic auction sites that have popped up seem to driving supply well above demand.
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Not sure the auctions sites increase overall supply - we don’t pressure anyone to sell, they decide that on their own.

We just hope to let people keep more of the money from THEIR car - unlike certain Big traditional auction houses, which take unconscionable 20%-30% fees when you add up what they charge both the buyer and seller. It’s 2022, who the f*ck can justify a >20% middleman fee?!
 
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GeoffCapes

GeoffCapes

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breezer said:
Not sure the auctions sites increase overall supply - we don’t pressure anyone to sell, they decide that on their own.

We just hope to let people keep more of the money from THEIR car - unlike certain Big traditional auction houses, which take unconscionable 20%-30% fees when you add up what they charge both the buyer and seller. It’s 2022, who the f*ck can justify a >20% middleman fee?!
Click to expand...

I don't know anyone that takes 20-30% but RM Sotherby's charge 12% for a 'premium' auction.

Which is still way too high.
 
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breezer

breezer

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GeoffCapes said:
I don't know anyone that takes 20-30% but RM Sotherby's charge 12% for a 'premium' auction.

Which is still way too high.
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Is that just the buyers premium? They disgustingly also charge the seller a commission.

Bonhams charge:
“15% on the first £500,000 of the Hammer Price
12% on the excess over £500,001 of the Hammer Price”

in addition to a seller fee that used to be nearly 20% but I can no longer find it on their website so perhaps it’s been reduced?
 
A

alpa

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allandwf said:
You have a Merak and a Merak SS, ( Italy also had a 2.0l tax break model,) and a Urraco P250and a P300 ( 2.5 and 3.0 litre.) Not sure what different GT4 models there were, you don't buy any of them for speed.
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May be what most of people (men :) ) buy isn't just a car but a "package": prestige, reputation, design preferences but also a more or less peaceful ownership ? A peaceful ownership includes the easiness to find a competent workshop and parts. And I'm not sure Maserati are the best choice for the last part.
 
Ewan

Ewan

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On the Maserati I bought at auction last week, the buyers commission was 12% plus VAT. Plenty high enough I thought.
 
GeoffCapes

GeoffCapes

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breezer said:
Is that just the buyers premium? They disgustingly also charge the seller a commission.

Bonhams charge:
“15% on the first £500,000 of the Hammer Price
12% on the excess over £500,001 of the Hammer Price”

in addition to a seller fee that used to be nearly 20% but I can no longer find it on their website so perhaps it’s been reduced?
Click to expand...

That was to sell your car.

Ie. They take 12% of whatever the car makes.
 
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