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Getbig Main Boards => Gossip & Opinions => Topic started by: IroNat on August 27, 2018, 08:47:00 AM

Title: Man buys car for $70 million
Post by: IroNat on August 27, 2018, 08:47:00 AM
Conspicuous consumption at its finest.

>

"Iconic 1963 Ferrari 250 GTO sells for a record $70 million"

https://www.cnn.com/style/article/ferrari-250-gto-1963-record-sale/index.html

(https://dynaimage.cdn.cnn.com/cnn/q_auto,w_727,c_fit/http%3A%2F%2Fcdn.cnn.com%2Fcnnnext%2Fdam%2Fassets%2F180606195000-01-ferrari-250-gto-restricted.jpg)
Title: Re: Man buys car for $70 million
Post by: El Diablo Blanco on August 27, 2018, 08:48:34 AM
Maybe he sees it as an investment.
Title: Re: Man buys car for $70 million
Post by: MAXX on August 27, 2018, 08:51:57 AM
not much more retarded than buying this painting for 200million I guess

(https://upload.wikimedia.org/wikipedia/commons/0/09/Van_Gogh_-_Terrasse_des_Cafés_an_der_Place_du_Forum_in_Arles_am_Abend1.jpeg)
Title: Re: Man buys car for $70 million
Post by: IroNat on August 27, 2018, 08:56:01 AM
That painting is definitely worth it.

I wouldtn' pay more than $50 million for the car though.  
Title: Re: Man buys car for $70 million
Post by: wes on August 27, 2018, 09:08:56 AM
Insane in the membrane.

Johnny Depp must be the buyer! LOL  :)
Title: Re: Man buys car for $70 million
Post by: The_Punisher on August 27, 2018, 11:52:46 AM
Conspicuous consumption at its finest.

>

"Iconic 1963 Ferrari 250 GTO sells for a record $70 million"

https://www.cnn.com/style/article/ferrari-250-gto-1963-record-sale/index.html

(https://dynaimage.cdn.cnn.com/cnn/q_auto,w_727,c_fit/http%3A%2F%2Fcdn.cnn.com%2Fcnnnext%2Fdam%2Fassets%2F180606195000-01-ferrari-250-gto-restricted.jpg)

this is not a car my friend....it's a piece of automobile history...….in 2015, there was another GTO sold for $52 million.....there are rumors that in the next auction in 3yrs, they projected the next GTO could be sold for $90-$100 million......hey, if you got the loot, why not?....after all, only 39 of these GTOs were made and Collectors are going Nuts for them these days
Title: Re: Man buys car for $70 million
Post by: SOMEPARTS on August 27, 2018, 12:18:36 PM
this is not a car my friend....it's a piece of automobile history...….in 2015, there was another GTO sold for $52 million.....there are rumors that in the next auction in 3yrs, they projected the next GTO could be sold for $90-$100 million......hey, if you got the loot, why not?....after all, only 39 of these GTOs were made and Collectors are going Nuts for them these days



Just have one hand-made for a fraction of the cost. I appreciate provenance and history but it's just a machine, a small machine... This is like paying millions for a biplane rather than getting a new jet.
Title: Re: Man buys car for $70 million
Post by: MORTALCOIL on August 27, 2018, 12:26:50 PM


Just have one hand-made for a fraction of the cost. I appreciate provenance and history but it's just a machine, a small machine... This is like paying millions for a biplane rather than getting a new jet.

That’s ignoring the dynamics at work behind big money. Extremely wealthy people need gratification through spending: scarcity and exclusivity is invaluable. If you can market a one of a kind dog shit, some rich guy will pay for it. Just to be the one and only owner of said dog shit. That’s actually what’s happening on the modern art market. Which is thriving.
Title: Re: Man buys car for $70 million
Post by: SOMEPARTS on August 27, 2018, 12:41:44 PM
That’s ignoring the dynamics at work behind big money. Extremely wealthy people need gratification through spending: scarcity and exclusivity is invaluable. If you can market a one of a kind dog shit, some rich guy will pay for it. Just to be the one and only owner of said dog shit. That’s actually what’s happening on the modern art market. Which is thriving.



That's exactly my point...ignore the dynamics and keep the money, haha. Fiscal conservative.
Title: Re: Man buys car for $70 million
Post by: _bruce_ on August 27, 2018, 01:40:34 PM
I initially wanted to pay 125 million but was later informed that Enzo's custom cut turd on the passenger seat was just a replica

>:(
Title: Re: Man buys car for $70 million
Post by: NarcissisticDeity on August 27, 2018, 01:50:52 PM
This is from my Road & Track magazine from 1963 , same fucking car mind you.  :o
Title: Re: Man buys car for $70 million
Post by: illuminati on August 27, 2018, 02:03:01 PM
this is not a car my friend....it's a piece of automobile history...….in 2015, there was another GTO sold for $52 million.....there are rumors that in the next auction in 3yrs, they projected the next GTO could be sold for $90-$100 million......hey, if you got the loot, why not?....after all, only 39 of these GTOs were made and Collectors are going Nuts for them these days

ust have one hand-made for a fraction of the cost. I appreciate provenance and history but it's just a machine, a small machine... This is like paying millions for a biplane rather than getting a new jet.

Some people have so much money it becomes of little value to them.
Also a case of perspectives A Man with little money or even moderate money views
$70 million as a vast amount ( which it is)
A Man with Billions of $s Likely views it as lose change.
From that perspective if I could buy it for loose change I would.
Title: Re: Man buys car for $70 million
Post by: IroNat on August 27, 2018, 02:15:00 PM
Some people have so much money it becomes of little value to them.
Also a case of perspectives A Man with little money or even moderate money views
$70 million as a vast amount ( which it is)
A Man with Billions of $s Likely views it as lose change.
From that perspective if I could buy it for loose change I would.

Kind of like Pellius buying all those Big Macs...
Title: Re: Man buys car for $70 million
Post by: Bevo on August 27, 2018, 02:23:31 PM
That’s ignoring the dynamics at work behind big money. Extremely wealthy people need gratification through spending: scarcity and exclusivity is invaluable. If you can market a one of a kind dog shit, some rich guy will pay for it. Just to be the one and only owner of said dog shit. That’s actually what’s happening on the modern art market. Which is thriving.

Maybe just maybe if anyone of you guys even consider, that these guys are hardcore car enthusiasts that just happen to have tons of money and they look at this as a win win situation in terms of investment and having one of the most sought after car ever made
Title: Re: Man buys car for $70 million
Post by: Bevo on August 27, 2018, 02:26:23 PM
Kind of like Pellius buying all those Big Macs...

Penis is a moron
Title: Re: Man buys car for $70 million
Post by: Parker on August 27, 2018, 02:59:56 PM


Just have one hand-made for a fraction of the cost. I appreciate provenance and history but it's just a machine, a small machine... This is like paying millions for a biplane rather than getting a new jet.
Ferrari is thinking about doing a “continuation series” of the car. Until then, there is no “just have one hand made for the fraction of the cost”. It won’t be a real Ferrari, and it won’t be a real 250 GTO and it doesn’t have the racing pedigree.
Title: Re: Man buys car for $70 million
Post by: The_Punisher on August 27, 2018, 03:20:32 PM
That painting is definitely worth it.

I wouldtn' pay more than $50 million for the car though.  

well, Leonardo da Vinci would have been proud to know that his painting of Christ shattered all records for most expensive ever sold.....how about $450 million

https://www.npr.org/sections/thetwo-way/2017/11/16/564527819/da-vinci-portrait-of-christ-sells-for-record-shattering-450-million
Title: Re: Man buys car for $70 million
Post by: K A N N I B A L on August 27, 2018, 03:36:03 PM
Insane in the membrane.

Johnny Depp must be the buyer! LOL  :)

Johnny Depp isnt that smart...
Title: Re: Man buys car for $70 million
Post by: SOMEPARTS on August 27, 2018, 07:24:09 PM
Apparently there are a lot of Gucci-wearing car salesmen here today. Buying brand names at 100x value for the sake of the brand is disgusting douche action. Bodybuilding related because of Phil Heath's purse.
Title: Re: Man buys car for $70 million
Post by: The_Punisher on August 28, 2018, 06:26:16 AM
Apparently there are a lot of Gucci-wearing car salesmen here today. Buying brand names at 100x value for the sake of the brand is disgusting douche action. Bodybuilding related because of Phil Heath's purse.


LOL.....yes, Ferrari only. no Faux-Ferrari allowed
Title: Re: Man buys car for $70 million
Post by: OneMoreRep on August 28, 2018, 06:32:55 AM
Conspicuous consumption at its finest.

>

"Iconic 1963 Ferrari 250 GTO sells for a record $70 million"

https://www.cnn.com/style/article/ferrari-250-gto-1963-record-sale/index.html

(https://dynaimage.cdn.cnn.com/cnn/q_auto,w_727,c_fit/http%3A%2F%2Fcdn.cnn.com%2Fcnnnext%2Fdam%2Fassets%2F180606195000-01-ferrari-250-gto-restricted.jpg)

Too rich for my blood.

Good for those that can afford to spend that amount on a piece of machinery.

A fraction of a billion dollars for a car? I don't care how rich you are, that's substantial.

"1"
Title: Re: Man buys car for $70 million
Post by: The_Punisher on August 28, 2018, 06:39:05 AM
this one here held the previous record at $52 million

Title: Re: Man buys car for $70 million
Post by: IroNat on August 28, 2018, 06:40:11 AM
this one here held the previous record at $52 million



Cheap junk.

Not worthy.
Title: Re: Man buys car for $70 million
Post by: MORTALCOIL on August 28, 2018, 07:04:59 AM


That's exactly my point...ignore the dynamics and keep the money, haha. Fiscal conservative.

A good fraction of the ultra wealthy are just bored out their minds. It's just "kicks" from then on. And money becomes a secondary issue. I find it stupid myself. If I had that kind of cash, I think I would actually get rid of whatever "possessions" I have and live with no strings attached. Maybe it's because I've spent the last 20 years in real estate, investing for myself and managing for others. But whatever you own owns you in return.
Title: Re: Man buys car for $70 million
Post by: BIG AL MCKECHNIE on August 28, 2018, 08:28:11 AM
Chris Evans paid $18m for his GTO in 2010. I think Top Gear visited in in a show.  People thought he was mad but he now has a 400% return in 8 years so these super wealthy guys know how to make money.
Title: Re: Man buys car for $70 million
Post by: sync pulse on August 28, 2018, 12:02:53 PM
The Rolls Royce used in the movie "Those Magnificent Men and Their Flying Machines" is said to be worth 50 Million USD...

It was purchased by an aristocratic family in 1907 and driven until 1948 when it was traded in toward a post war steel body model.

The Roll Royce company restored it and was made available for hire in motion pictures.

 It presently is owned by Volkswagen and is available for film work.
Title: Re: Man buys car for $70 million
Post by: Ted SuperSet on August 28, 2018, 01:09:56 PM
Kind of like Pellius buying all those Big Macs...

Lol, Golden!

Good for you pellius!
Title: Re: Man buys car for $70 million
Post by: Ted SuperSet on August 28, 2018, 01:15:19 PM
A good fraction of the ultra wealthy are just bored out their minds. It's just "kicks" from then on. And money becomes a secondary issue. I find it stupid myself. If I had that kind of cash, I think I would actually get rid of whatever "possessions" I have and live with no strings attached. Maybe it's because I've spent the last 20 years in real estate, investing for myself and managing for others. But whatever you own owns you in return.

Could you elaborate on this a little, Sir?!
Title: Re: Man buys car for $70 million
Post by: The_Punisher on August 28, 2018, 01:58:09 PM
The Rolls Royce used in the movie "Those Magnificent Men and Their Flying Machines" is said to be worth 50 Million USD...

It was purchased by an aristocratic family in 1907 and driven until 1948 when it was traded in toward a post war steel body model.

The Roll Royce company restored it and was made available for hire in motion pictures.

 It presently is owned by Volkswagen and is available for film work.

that is fucking beautiful..... 8)
Title: Re: Man buys car for $70 million
Post by: IroNat on August 28, 2018, 02:07:58 PM
If I may be so bold...

"whatever you own owns you in return"

When you buy a dog for a pet you then have to take it to the vet, walk it, pick up its crap, feed it, bathe it, arrange your travel and vacations around its care, etc.

When you own a car you then have to maintain it, put gas in it, insure it, make payments, etc.

Likewise a house?  Spend money and time taking care of it, paying the mortgage, insurance, taxes, etc.

You work at your job to pay for it.  It owns you.  The bank (mortgage/loan) owns you.
Title: Re: Man buys car for $70 million
Post by: MORTALCOIL on August 28, 2018, 02:16:49 PM
Could you elaborate on this a little, Sir?!

IroNat did elaborate before I did.
I would add that we tend to define ourselves by our possessions, we judge our achievements quite often by what we’ve accumulated and the more we have the more we find a sense of security in it.
It is a very common trait and I’m no stranger to it.
Title: Re: Man buys car for $70 million
Post by: Notomorrow on August 28, 2018, 02:21:44 PM
The emptiness of Gluttony always makes one weaker. Why its one of the 7 deadly sins.  Like Sly in Rocky 3.
Title: Re: Man buys car for $70 million
Post by: trapz101 on August 29, 2018, 01:21:07 AM
for around a million or two(i am overestimating here) you can actually have the the same exact car built from the ground up exactly the same,engine and all the parts included...
Title: Re: Man buys car for $70 million
Post by: IroNat on August 29, 2018, 04:31:55 AM
for around a million or two(i am overestimating here) you can actually have the the same exact car built from the ground up exactly the same,engine and all the parts included...

Yes, but that wouldn't get you into the exclusive "I'm so freakin' rich I can blow millions on Ferrari's" club.

You gotta have the real deal.
Title: Re: Man buys car for $70 million
Post by: Ted SuperSet on August 30, 2018, 01:59:22 PM
IroNat did elaborate before I did.
I would add that we tend to define ourselves by our possessions, we judge our achievements quite often by what we’ve accumulated and the more we have the more we find a sense of security in it.
It is a very common trait and I’m no stranger to it.

IroNat and frenchdude thank you for the rsply.
Title: Re: Man buys car for $70 million
Post by: sync pulse on August 30, 2018, 06:05:57 PM
The original "Chitty Chitty Bang Bang"

Custom body on a chassis made of Ford components, six cylinder Ford engine...totally street legal too.
Title: Re: Man buys car for $70 million
Post by: Parker on August 30, 2018, 07:54:01 PM
for around a million or two(i am overestimating here) you can actually have the the same exact car built from the ground up exactly the same,engine and all the parts included...
Who would build it? It wouldn’t be acknowledged as a true Ferrari. Unless you are saying, take a spare Ferrari engine from that time period, with Ferrari Vin #s.
It would be a replica. And if it is not endorsed and licensed by Ferrari, which it wouldn’t. It would have no value. The value in these cars is that there are about 36 of them, and that they have racing pedigree. You can’t but 70 years of racing heritage (Ferrari the company, but Scuderia Ferrari was long before that), for well 70 years.
Just like Bugatti’s Type 57 Atlantic and what it represents.
Title: Re: Man buys car for $70 million
Post by: Fortress on August 30, 2018, 08:30:58 PM
Looks like shit.

And you’ll be passed by cars valued at less than 30 grand.

Then, at the restaurant, some nig will kick a dent in it.

HTH
Title: Re: Man buys car for $70 million
Post by: Bindare_Dundat on August 30, 2018, 11:47:53 PM
Who would build it? It wouldn’t be acknowledged as a true Ferrari. Unless you are saying, take a spare Ferrari engine from that time period, with Ferrari Vin #s.
It would be a replica. And if it is not endorsed and licensed by Ferrari, which it wouldn’t. It would have no value. The value in these cars is that there are about 36 of them, and that they have racing pedigree. You can’t but 70 years of racing heritage (Ferrari the company, but Scuderia Ferrari was long before that), for well 70 years.
Just like Bugatti’s Type 57 Atlantic and what it represents.

thats not the point he was making. the ridiculous value people put on this thing is fucking stupid .