What not to do with a Ferrari collection

[Wouter Melissen]

Read and weep:

http://driving.timesonline.co.uk/art...550626,00.html

[clutch-monkey]

urge to kill rising.......
thats criminal, forget the scam, he should have been convicted just for butchering the cars.

[Radoman]

I feel like I could cry.. how dare he?

Damn... a Birdcage down the fooie-hole.

[eros]

my hart is broken
how on earth could a car collecter do such a ting to his cars.
it is to painful for words.
i cried when i saw a pic of the first wrecked enzo but whit this story i almost whent in coma.
RIP for al of those ferraris

[:Exige:]

Originally Posted by eros

my hart is broken
how on earth could a car collecter do such a ting to his cars.
it is to painful for words.
i cried when i saw a pic of the first wrecked enzo but whit this story i almost whent in coma.
RIP for al of those ferraris

You should seriously think of getting into girls

I suppose nobody would understand it unless you had been in that situation. Theres a point where you have to think .. whats more important, my life and the lives of the people around me or the future of the sports cars. If he werent devout to cars then he wouldve had them crushed and indeed, wouldnt have thought destroying them as "sacralige". The amount of debt that he wouldve been put in wouldve made his life hell and even though it is horrible to see the Birdcage and other exotica destroyed, you have to consider the validity of doing it if you were in his situation.

[Wouter Melissen]

He could have been a man, accept his losses and sell off the collection.

[Coventrysucks]

Originally Posted by Wouter Melissen

He could have been a man, accept his losses and sell off the collection.

How? No one wanted to but any of these classic cars at the time.
Not even for a tiny ammount of their pre-bust value.

They had no idea how long it would be untill people started trading again, and they had no idea about the sort of values they would have.

[Matra et Alpine]

Originally Posted by Wouter Melissen

He could have been a man, accept his losses and sell off the collection.

It was worth 1/10th of it's insurance value
IIRC the bottom fell out of the classic car market as he bought all these
At the time a mate bought an e-type for £30,000 then spent another £20,000 having it professionaly restored. Expected to end up with a car worth £80,000. By the time the work was nearing completion you could but conconourse condition E-types for £15,000. To say he was unhappy was an understatement. I *nearly* said "I told you so, cars are for driving and not making concourse as investment", but I didn't

Brocket shoudl have asked Saddam to hide them along with the WMDs

E-types are STILL only going for about £40,000 in concourse !!!
These used to swap hands for 100-150,000 POUNDS !!!!!!!

[stealth]

How could a man, as rich as he may be, stand there, and take apart PRICELESS pieces of automotive history. It's sacriledge. I couldn't even fathom myself causing a rip in ANY ferrari's seat, even a 308's. I think someone should find him, kill him, and cut HIS body up into pieces. No joke.

[:Exige:]

Originally Posted by stealth

How could a man, as rich as he may be, stand there, and take apart PRICELESS pieces of automotive history. It's sacriledge. I couldn't even fathom myself causing a rip in ANY ferrari's seat, even a 308's. I think someone should find him, kill him, and cut HIS body up into pieces. No joke.

I bet you wouldnt say that if you were in his situation .. lets just hope you never become rich enough to find out

[taz_rocks_miami]

Originally Posted by Matra et Alpine

Brocket shoudl have asked Saddam to hide them along with the WMDs

He could have asked me to hide them for him. I never even would have driven one...I swear!!! The never would have left the garage

[stealth]

Originally Posted by :Exige:

I bet you wouldnt say that if you were in his situation .. lets just hope you never become rich enough to find out

Betcha I would. No matter what, I love my Ferrari's like I would love my children.

[Quiggs]

Everyone has a breaking point. Interesting read. What would the total of those cars be worth today?

[drakkie]

too much for you and me to afford

[ScionDriver]

Another argument for capital punishment. Dismantaling classic Ferrari's and Masers? Automatic lethal injection sentence.

But I probably would of done the same thing. Fiscal crisis calls for tough stuff. I like to think I would just take it and go broke. You never know.