Author |
Message |
Ben Lobenstein 90 TR (Benjet)
Intermediate Member Username: Benjet
Post Number: 1016 Registered: 1-2001
| Posted on Monday, March 03, 2003 - 9:24 pm: | |
from: http://www.autoweek.com/cat_content.mv?port_code=autoweek&cat_code=carnews&loc_code=index&content_code=08261684 Rare Ferrari F-40 fetches more than $400,000 at federal auction By AUTOWEEK A rare 1993 Ferrari F-40 fetched $409,000 at a federal auction in Orlando, Florida, in mid-February, selling to a buyer representing an unidentified group of investors. The car, the last of 19 special Le Mans-edition race cars built with a 760-horsepower engine, was appraised at $650,000. The Internal Revenue Service seized the car from a Florida businessman who owes $917,000 in back taxes. /eom -Ben |
Martin - Cavallino Motors (Miami348ts)
Advanced Member Username: Miami348ts
Post Number: 3817 Registered: 5-2001
| Posted on Friday, February 14, 2003 - 7:33 am: | |
I had an offer in at $201,000. I guess they did not consider that one. But why would you buy one for retail price on a fed auction? Go to the Toy Store and pick one up.
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Greg (Greg512tr)
Junior Member Username: Greg512tr
Post Number: 91 Registered: 2-2002
| Posted on Thursday, February 13, 2003 - 6:05 pm: | |
Cavalino has the value for a F40 LM at $375-$475k so it looks like it was in the range. Probably a good price if you were shopping for one but not a steal. |
Jim E (Jimpo1)
Intermediate Member Username: Jimpo1
Post Number: 1316 Registered: 7-2001
| Posted on Thursday, February 13, 2003 - 4:57 pm: | |
$409 for an LM doesn't sound out of line to me. |
Dan (Bobafett)
Junior Member Username: Bobafett
Post Number: 240 Registered: 9-2002
| Posted on Thursday, February 13, 2003 - 4:55 pm: | |
409? Wow...who else completely under-estimated the market on that one?? Oh well... --Dan |
Martin - Cavallino Motors (Miami348ts)
Advanced Member Username: Miami348ts
Post Number: 3816 Registered: 5-2001
| Posted on Thursday, February 13, 2003 - 4:04 pm: | |
guess why I have had no chance to post here.
|
Andrew Menasce (Amenasce)
Member Username: Amenasce
Post Number: 569 Registered: 10-2001
| Posted on Thursday, February 13, 2003 - 3:38 pm: | |
Bargain !! considering a "regular" F40 goes for 300/350 000 $ ... |
Chris D (Prohydro)
New member Username: Prohydro
Post Number: 45 Registered: 11-2001
| Posted on Thursday, February 13, 2003 - 3:37 pm: | |
The F40 went for $409,000 at the auction. |
Eric Eiland (Eric308gtsiqv)
Member Username: Eric308gtsiqv
Post Number: 586 Registered: 11-2001
| Posted on Thursday, February 13, 2003 - 3:33 pm: | |
Ahhh, yes...thanks L. Wayne...that one really had me scratching my head. |
L. Wayne Ausbrooks (Lwausbrooks)
Member Username: Lwausbrooks
Post Number: 846 Registered: 8-2002
| Posted on Thursday, February 13, 2003 - 2:34 pm: | |
Eric, at first it looks like the distant shot shows the pedestrian being hit on the passenger side, just the opposite of what is shown in the in-car shot. Look again. The Campari banners hanging above are mirror images of what they should be. The distant footage is reversed. It is the same car, same moment, same pedestrian. |
Eric Eiland (Eric308gtsiqv)
Member Username: Eric308gtsiqv
Post Number: 585 Registered: 11-2001
| Posted on Thursday, February 13, 2003 - 2:06 pm: | |
Horsefly...something's a bit odd with that video footage -- see comments at: http://www.ferrarichat.com/discus/messages/21/205739.html?1045166675 |
Ernesto (T88power)
Intermediate Member Username: T88power
Post Number: 1212 Registered: 2-2001
| Posted on Thursday, February 13, 2003 - 1:55 pm: | |
Randy, its a joke. Ernesto |
Randy (Schatten)
Member Username: Schatten
Post Number: 652 Registered: 4-2001
| Posted on Thursday, February 13, 2003 - 1:50 pm: | |
Arlie - that F50 is not what Greg's question is pertaining to. The F40 in question is the F40LM which was an IRS sale in Florida. |
Patrick (Patrickr)
Junior Member Username: Patrickr
Post Number: 101 Registered: 4-2002
| Posted on Thursday, February 13, 2003 - 12:03 pm: | |
Man... I didn't need to see that video! Patrick |
Ernie Bonilla (Ernie)
Member Username: Ernie
Post Number: 536 Registered: 11-2001
| Posted on Thursday, February 13, 2003 - 11:55 am: | |
Horsefly that video was funny. I saw the pictures posted of that some were before, but I have never seen the video. Oh man that car got jacked up. I bet the owner was in a state of shock. This is what happens when you drive on a wet surface. So for those of you that ask if you should drive your Ferrari in the rain, this video should answer your question. |
Mr. Doody (Doody)
Member Username: Doody
Post Number: 764 Registered: 11-2001
| Posted on Thursday, February 13, 2003 - 8:07 am: | |
martin - are you the new owner!?!?!? :-) doody. |
Howie/ExoticAutoBrokers.com (Brokerofexotics)
Member Username: Brokerofexotics
Post Number: 414 Registered: 11-2001
| Posted on Thursday, February 13, 2003 - 7:51 am: | |
The F-40 sale resulted in an audit of the buyer. |
Horsefly (Arlie)
Member Username: Arlie
Post Number: 743 Registered: 5-2002
| Posted on Wednesday, February 12, 2003 - 10:37 pm: | |
I think it was actully an F-50 and the new owner took it for a quick test drive. http://www.kicken.com/funnyfiles2/www.kicken.com-ferrari.crash.mpg |
Greg (Greg512tr)
Junior Member Username: Greg512tr
Post Number: 90 Registered: 2-2002
| Posted on Wednesday, February 12, 2003 - 10:05 pm: | |
Anybody hear what it went for? No info on the web site other than sale day was today at 1:00. |