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Publication: European Stars and Stripes Wednesday, September 27, 1989

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   European Stars And Stripes (Newspaper) - September 27, 1989, Darmstadt, Hesse                                Put your Money in a Ferrari and you can t lose or to it seems. Like Moat models of the italian sport scar this 308 its continues to increase in value. His future is Bojoh Lankford Santa Barbara Calif news press ack Bianchi has this nest egg. Ii weighs Aboul a Ion and a Hall. At this moment it s a Lille Ralty look my. The outside is All scuffed up and the Mesido s not much either. A Shell in a dark Corner. Sometime in the Yoars ahead. Bianchi will sell his nest egg and Rete Bianchi s future is a 1965 Ferrari 275 gab. Does that make you laugh do you find humor in the Lack thai a car made 24 years ago in a Small italian town would Ever be valuable enough to pin your retirement Hopes on laugh Aboul this Bianchi bought the Ferrari in 1973 for $5,800. Last month he Lur cd Down an offer of $675,000. He refused the offer because the current Book value of the car is $850,000 and rising almost hourly. Bianchi can see the Day when he will simply have to pail with his treasure like so Many people Are parting Wilh their Santa Barbara Homes. Because they can t afford to sit on a Gold mine. Or nest egg. If you prefer. Fueling Bianchi s dreams of the future is the Market Lor ferraris almost any kind of Ferrari thai has gone berserk since the Marque s patriarch. Enzo Ferrari died a couple of years ago. Bianchi is Riding the Crest of this Ferrari wave. He operates Bianchi motor co in Santa Barbara. He is 47, born and raised in the area a family Man who collects exotic cars runs a business and who also is training seriously for the new York City Marathon in november. A Man of Many passions. The passion Lor ferraris comes at a most opportune Lime. The july volume 14, no. 14 Ferrari Market letter offers the following encouragement Lor investors especially those who already have a Ferrari in their garage a Model 275 gab 4, which was produced by Ferrari in the 1966-68 period is fetching $1.5 million in today s Market. Ferrari made 350 of these cars. You could have bought one 13 years ago for about $40.000 or less. A Model 356 gtb-4 Daylong spy or. 125 of which were produced in the 1969-73 period is going these Days for Between $1.3 million and $1.5 million. Not in the Ferrari Market letter but passing around by word of Mouth Are these rumours a 1962 to racing car the largest track vehicle Ever made by Ferrari was recently sold in Europe for $14 million. Mostly the Price was based on the Lack thai there were Only 36 of these coupes produced and Many of them a Ere destroyed in racing accidents. A late 1950s Model 196 Dino named for Enzo s son recently sold for $3 million scarcely 11 months after the owner paid $1 million for the car. Bianchi owns a Dino but his is not on Iho list of elites. Bianchi s Dino is just your Basic Black 1972 Model 246 it which he bought last february for $75,000, and which is now valued at around $125,000. Last year in july Bianchi bought a 1979 308 its the kind of Ferrari Tom Selleck drives in those magnum . To reruns Lor $22,000. He did about $8,000 Worth of restoration on the car and sold it for $37,000. Bianchi recently tried to buy the car Back but the owner refused his $70,000 offer. In january he sold a couple of 308 Guss for $53,000 each. He made $17,000 profit on each car. Recent offers of $70,000 were refused. For around town trips Bianchi drives his 1972 Bow 3 oct. A sleek Little Coupe originally owned by Sandy Koufax the former baseball Pitcher. Bianchi paid $11,000 for the Bow four years ago. It is now Worth about $25,000. Bianchi seems to have the touch. It used to be that if you wanted a Ferrari you contacted the nearest dealer made a Down payment usually a percentage of the car s Price and wailed a few months to have your car delivered. Ii does t work like that anymore. Ferrari has a live year backlog on orders and dealers Are no longer taking deposits. If you want a new car you find someone on the wailing list who May be growing impatient and offer to buy their place in line. The going Price is $100,000, subject to bidding procedures and the whims of the place Siller. The $100,000 is of course on lop of the Price of the car which begins in the $235,000 Range today. You can see the attraction Lor the very wealthy. Where does this end Bianchi does not know. He does know that Ferrari cars and everything to do with Ferrari is hot. People even collect the envelopes that bring newsletters and service bulletins from the factory. And it s not just ferraris. Jaguar xes that you could hardly give away five years ago Are now bringing $100,000. A 1958 Buick limited convertible that you can buy for about $25,000 today is supposed to be Worth $100,000 in 10 years according to Road & track Magazine. Another Domestic car in the soon to be $100,000 category is the Cadillac Eldorado Biarritz convertible of the late 1950s and Early 1960s. If you have a 1957 Chevy Bel air convertible keep it in lip lop order. It s supposed to be Worth $150,000 by the year 2000. There could be a Neil egg in your garage. Drive carefully. As far As i know there has t been a cute name assigned to people who have been married to one person Lor 30 or 40 years. We refer to ourselves As dinosaurs mostly because we re nearly extinct move in the slow Lane and Are reputed to have Small brains in comparison to our bodies. There was a time when our sons and daughters looked for mates to marry just like their mothers or fathers. Somewhere Between or. Spock and or. Ruth the rules changed a new Man and woman emerged and both moved away from the traditional holds. Women weren t challenged anymore by Bathtub Mold and snapping fresh Beans As were their mothers. Men had More important things to do on saturdays than fertilize their lawns and build bookcases Oul of 2-by-4s and Cement blocks As their fathers did. Wives were encouraged to be financially and emotionally Independent and husbands were expected to share in Domestic responsibilities. Men and women no longer married their parents but a revolution in Progress. The rules changed again. The newest couple on the american scene is the trophy wife and the successful powerful celebrity husband. According to an article in Fortune Magazine written by a senior editor Julie Connelly this marriage is usually a second one for both parties. The trophy wife is often a decade or two younger than he husband sometimes several inches taller Beautiful and very often accomplished in her own right. But her role is to enhance her husband s status and to dispel the notion thai men Peak sexually at age 18." these men Aren t marrying a revolution they re marrying their fantasy mistress and ultimate movie Star. She s the convertible they always lusted after the prom Queen who did t know they were alive or the girl who dated Only Guys with their own cars. We have a whole generation of men and women out there who Are scared to death of marriage. The rules keep changing. They Don t know what to look for what to expect what to throw away or whal to keep. The expectations for marriage have always been bigger than the institution was Ever capable of delivering. Most of the rules were stupid to begin with a woman should never marry a Man Shorter than she is women should never make More Money than their husbands a Man should be older than his wife. Beware of someone who has been married before. The rules begged to be broken. As i told one of my unmarried sons the other Day. The Way the trend for he 1990s is shaping up my advice to you would be to get a terrific Job make a bundle go to a tanning Salon lift weights and buy a Good Hairpiece your trophy wife is about to be born. Sometime this  c Erma Bomick Page 16 the stars and stripes wednesday september 27,1989  
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