Take a look at this EBay ad by John Scotti. The luxury car dealer is selling not one, but four Ferrari Testarossas as a package deal for $145,000.
All are in need of major work and it’s likely one or several would have to be parted out altogether. Still, if a collector in interested in a long, expensive project, this might be the deal they are looking for.
So Gregster, what's the potential for return here? How much would it cost to restore three of them using parts from the other one? They seem to be going for $200K on Dupont at the moment so if you could restore them for like $75K each and dump them for like $180K when completed you could be poised to make a little money.
All are in need of major work and it’s likely one or several would have to be parted out altogether. Still, if a collector in interested in a long, expensive project, this might be the deal they are looking for.
So Gregster, what's the potential for return here? How much would it cost to restore three of them using parts from the other one? They seem to be going for $200K on Dupont at the moment so if you could restore them for like $75K each and dump them for like $180K when completed you could be poised to make a little money.
