I have been a regular reader of Hemmings Motor News for about 20 years. This month, as always, there are 4 ads for replica Ferraris of 1967 to 1999 models in the Replica and kit car section. The ads read like a professional press release, so I tend to believe they are placed by a business. Either a Kit Car builder or a re-seller corporation, not a regular Joe (Jane) Car Guy (Gal), nor a typical car collector .
I find it curious that these ads go on for decades, apparently without Ferrari lawyers' harrasment.
They must find it easier to dump on an individual than a corporation.
Maybe Hemmings has more clout than eBay. Hemmings has approx. 150 "real" ads, and 4 replicas. eBay has 94 "real" auctions and 2 replicas, so the ratios in these used car markets are quite similar.
Does the "real" Ferrari purchaser really believe the 2% dilution in the market takes any value away from his $100,000 subjective implant?