[DeTomaso] Insurance valuation
Himes, Terry (397C)
terry.himes at jpl.nasa.gov
Sun Oct 11 15:26:20 EDT 2015
Yellow.
"Sometimes I think the surest signs that intelligent life
exists elsewhere in the universe is that none of it has tried
to contact us!"
Terry W. Himes
JPL Jet Propulsion Laboratory
InSight Sequence Team Lead
Rosetta/MEX Sequence Team Lead
Phone: (818) 393-6261
Cell: (818) 653-8213
Fax: (818) 393-3147
thimes at jpl.nasa.gov<mailto:thimes at jpl.nasa.gov>
🇺🇸
From: DeTomaso <detomaso-bounces at poca.com<mailto:detomaso-bounces at poca.com>> on behalf of Bill Moore <bill at incendium.com<mailto:bill at incendium.com>>
Date: Saturday, October 10, 2015 12:58 PM
To: Michael Shortt <michaelsavga at gmail.com<mailto:michaelsavga at gmail.com>>, Mike Drew <MikeLDrew at aol.com<mailto:MikeLDrew at aol.com>>
Cc: POCA <detomaso at poca.com<mailto:detomaso at poca.com>>, "detomasoregistry at gmail.com<mailto:detomasoregistry at gmail.com>" <detomasoregistry at gmail.com<mailto:detomasoregistry at gmail.com>>
Subject: Re: [DeTomaso] Insurance valuation
Paint those red cars orange.
Cheers,
Bill MooreIncendium SupplyCalgary
-------- Original message --------
From: Michael Shortt <michaelsavga at gmail.com<mailto:michaelsavga at gmail.com>>
Date: 2015-10-10 1:51 PM (GMT-07:00)
To: Mike Drew <MikeLDrew at aol.com<mailto:MikeLDrew at aol.com>>
Cc: detomaso at poca.com<mailto:detomaso at poca.com>, detomasoregistry at gmail.com<mailto:detomasoregistry at gmail.com>
Subject: Re: [DeTomaso] Insurance valuation
I too await the day these cars show up.
Saving a couple of "I told you so's" to share.
If they were mine and only mine, all three would still be in my warehouse (
even if they were red). :-)
Michael
On Oct 10, 2015 2:50 PM, <MikeLDrew at aol.com<mailto:MikeLDrew at aol.com>> wrote:
In a message dated 10/9/15 10 30 54, detomasoregistry at gmail.com<mailto:detomasoregistry at gmail.com> writes:
While a "private sale" tends to be a good thing for the buyer
(no competition, or less competition) I believe that a "private sale" is
likely to
not always obtain the "highest and best" price for the seller.
>>>That all depends on the seller. How effective is his marketing
strategy? How desperate is he to make the sale sooner, rather than holding
out for a better offer that might be right around the corner?
>This is kind of the whole basis for auctions isn't it?
>>>Not really. People sell cars through auctions for two reasons:
laziness, or the car isn't nearly as good as one would hope, and won't
stand up to close scrutiny.
>I'd suspect that although Mr. Shortt may have reached a quick sale for
his seller,
I suspect he may have 'left some money on the table'.
>>>Unquestionably. Rather than offering the cars up individually, and
being patient and seeking the top possible sales price for each, the
strategy seemed to be to sell them quickly, and sell them as a group. That
would result in a faster profit for the seller, but almost invariably would
also result in a lower profit. On the other hand, it also required far less
effort. So one can't say that he did it 'wrong'; he focused on what was
important to him and got the best possible result given the various time
and effort-expended constraints. And the buyers got a better deal than
they would have otherwise.
>If a car dealer bought, then we know the dealer thinks there is more
money on the table.
>>>Without a doubt. These three cars were prime candidates for very
simple restorations, which had the potential to return great profit. It
will be interesting to see how long it is before these cars appear on the
market again, and what their asking (and selling) prices are....
Mike
I too await the day these cars show up.
Saving a couple of "I told you so's" to share.
If they were mine and only mine, all three would still be in my
warehouse ( even if they were red). :-)
Michael
On Oct 10, 2015 2:50 PM, <[1]MikeLDrew at aol.com<mailto:MikeLDrew at aol.com>> wrote:
In a message dated 10/9/15 10 30 54, [2]detomasoregistry at gmail.com<mailto:detomasoregistry at gmail.com>
writes:
While a "private sale" tends to be a good thing for the buyer
(no competition, or less competition) I believe that a "private
sale" is likely to
not always obtain the "highest and best" price for the seller.
>>>That all depends on the seller.A How effective is his marketing
strategy?A How desperate is he to make the sale sooner, rather than
holding out for a better offer that might be right around the
corner?
>This is kind of the whole basis for auctions isn't it?
>>>Not really.A People sell cars through auctions for two
reasons:A laziness, or the car isn't nearly as good as one would
hope, and won't stand up to close scrutiny.
>I'd suspect that although Mr. Shortt may have reached a quick sale
for his seller,
I suspect he may have 'left some money on the table'.
>>>Unquestionably.A Rather than offering the cars up individually,
and being patient and seeking the top possible sales price for each,
the strategy seemed to be to sell them quickly, and sell them as a
group.A That would result in a faster profit for the seller, but
almost invariably would also result in a lower profit. On the other
hand, it also required far less effort.A So one can't say that he
did it 'wrong'; he focused on what was important to him and got the
best possible result given the various time and effort-expended
constraints.A And the buyers got a better deal than they would have
otherwise.
>If a car dealer bought, then we know the dealer thinks there is
more money on the table.
>>>Without a doubt.A These three cars were prime candidates for
very simple restorations, which had the potential to return great
profit.A It will be interesting to see how long it is before these
cars appear on the market again, and what their asking (and selling)
prices are....
Mike
References
1. mailto:MikeLDrew at aol.com
2. mailto:detomasoregistry at gmail.com
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-------------- next part --------------
Yellow.
"Sometimes I think the surest signs that intelligent life
exists elsewhere in the universe is that none of it has tried
to contact us!"
Terry W. Himes
JPL Jet Propulsion Laboratory
InSight Sequence Team Lead
Rosetta/MEX Sequence Team Lead
Phone: (818) 393-6261
Cell: (818) 653-8213
Fax: (818) 393-3147
[1]thimes at jpl.nasa.gov
From: DeTomaso <[2]detomaso-bounces at poca.com> on behalf of Bill Moore
<[3]bill at incendium.com>
Date: Saturday, October 10, 2015 12:58 PM
To: Michael Shortt <[4]michaelsavga at gmail.com>, Mike Drew
<[5]MikeLDrew at aol.com>
Cc: POCA <[6]detomaso at poca.com>, "[7]detomasoregistry at gmail.com"
<[8]detomasoregistry at gmail.com>
Subject: Re: [DeTomaso] Insurance valuation
Paint those red cars orange.
Cheers,
Bill MooreIncendium SupplyCalgary
-------- Original message --------
From: Michael Shortt <[9]michaelsavga at gmail.com>
Date: 2015-10-10 1:51 PM (GMT-07:00)
To: Mike Drew <[10]MikeLDrew at aol.com>
Cc: [11]detomaso at poca.com, [12]detomasoregistry at gmail.com
Subject: Re: [DeTomaso] Insurance valuation
I too await the day these cars show up.
Saving a couple of "I told you so's" to share.
If they were mine and only mine, all three would still be in my
warehouse (
even if they were red). :-)
Michael
On Oct 10, 2015 2:50 PM, <[13]MikeLDrew at aol.com> wrote:
In a message dated 10/9/15 10 30 54, [14]detomasoregistry at gmail.com
writes:
While a "private sale" tends to be a good thing for the buyer
(no competition, or less competition) I believe that a "private sale"
is
likely to
not always obtain the "highest and best" price for the seller.
>>>That all depends on the seller. How effective is his marketing
strategy? How desperate is he to make the sale sooner, rather than
holding
out for a better offer that might be right around the corner?
>This is kind of the whole basis for auctions isn't it?
>>>Not really. People sell cars through auctions for two reasons:
laziness, or the car isn't nearly as good as one would hope, and won't
stand up to close scrutiny.
>I'd suspect that although Mr. Shortt may have reached a quick sale for
his seller,
I suspect he may have 'left some money on the table'.
>>>Unquestionably. Rather than offering the cars up individually, and
being patient and seeking the top possible sales price for each, the
strategy seemed to be to sell them quickly, and sell them as a group.
That
would result in a faster profit for the seller, but almost invariably
would
also result in a lower profit. On the other hand, it also required far
less
effort. So one can't say that he did it 'wrong'; he focused on what
was
important to him and got the best possible result given the various
time
and effort-expended constraints. And the buyers got a better deal than
they would have otherwise.
>If a car dealer bought, then we know the dealer thinks there is more
money on the table.
>>>Without a doubt. These three cars were prime candidates for very
simple restorations, which had the potential to return great profit.
It
will be interesting to see how long it is before these cars appear on
the
market again, and what their asking (and selling) prices are....
Mike
I too await the day these cars show up.
Saving a couple of "I told you so's" to share.
If they were mine and only mine, all three would still be in my
warehouse ( even if they were red). :-)
Michael
On Oct 10, 2015 2:50 PM, <[1][15]MikeLDrew at aol.com> wrote:
In a message dated 10/9/15 10 30 54,
[2][16]detomasoregistry at gmail.com
writes:
While a "private sale" tends to be a good thing for the buyer
(no competition, or less competition) I believe that a "private
sale" is likely to
not always obtain the "highest and best" price for the seller.
>>>That all depends on the seller.A How effective is his
marketing
strategy?A How desperate is he to make the sale sooner, rather
than
holding out for a better offer that might be right around the
corner?
>This is kind of the whole basis for auctions isn't it?
>>>Not really.A People sell cars through auctions for two
reasons:A laziness, or the car isn't nearly as good as one would
hope, and won't stand up to close scrutiny.
>I'd suspect that although Mr. Shortt may have reached a quick
sale
for his seller,
I suspect he may have 'left some money on the table'.
>>>Unquestionably.A Rather than offering the cars up
individually,
and being patient and seeking the top possible sales price for
each,
the strategy seemed to be to sell them quickly, and sell them as a
group.A That would result in a faster profit for the seller, but
almost invariably would also result in a lower profit. On the
other
hand, it also required far less effort.A So one can't say that he
did it 'wrong'; he focused on what was important to him and got
the
best possible result given the various time and effort-expended
constraints.A And the buyers got a better deal than they would
have
otherwise.
>If a car dealer bought, then we know the dealer thinks there is
more money on the table.
>>>Without a doubt.A These three cars were prime candidates for
very simple restorations, which had the potential to return great
profit.A It will be interesting to see how long it is before
these
cars appear on the market again, and what their asking (and
selling)
prices are....
Mike
References
1. [17]mailto:MikeLDrew at aol.com
2. [18]mailto:detomasoregistry at gmail.com
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References
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2. mailto:detomaso-bounces at poca.com
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4. mailto:michaelsavga at gmail.com
5. mailto:MikeLDrew at aol.com
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7. mailto:detomasoregistry at gmail.com
8. mailto:detomasoregistry at gmail.com
9. mailto:michaelsavga at gmail.com
10. mailto:MikeLDrew at aol.com
11. mailto:detomaso at poca.com
12. mailto:detomasoregistry at gmail.com
13. mailto:MikeLDrew at aol.com
14. mailto:detomasoregistry at gmail.com
15. mailto:MikeLDrew at aol.com
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