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Old 11-30-2006, 04:11 AM   #11
z12358
Registered User
 
Join Date: May 2006
Location: Northeast USA
Posts: 910
Quote:
Originally Posted by UroTrash
NO!! NO!!! NO!!!!
I didn't do a PPI!!!

I'm the poster child for the failed PPI.

I even wrote an article about it, last article on this page:

http://www.ferrarichat.com/velostrada/issues/200505/contents.htm

Seriously, doing PPIs cost me tons of money. How so? Summer before last I sent deposits on 3 different 1967 Ferrari 330GTCs. They ranged in price from $95K to $118K. All 3 failed the PPIs, so I didn't buy. They are all now worth $180k to $225K, so ~$100k lost opportunity.

Funny article. You even mention wetting your pants. (You urologists!)
Few comments:
1. $400 for a PPI on a $100k+ purchase is a drop in a bucket.
2. PPI on a 40yr old "art piece in the garage" to be driven 100 miles a year should have different expectations from a PPI on a 5 yr old car meant to driven hard 10k miles a year.
3. You should be fine without a PPI on the Box, considering that it's a significant downgrade in price from the $100k+ purchases you've been considering. Even in the worst case scenarios (new engine) you'll be just fine.
4. The Ferraris you considered were investments. This Box you just bought, isn't...yet.

Z.
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