| Author | Message | ||
| Tim Gendreau (Tim)
New member Username: Tim Post Number: 12 Registered: 3-2002 |
Spillman's F40 (red) is for sale at Ferraris-online.com it can be had for about $285 | ||
| Dave (Maranelloman)
Junior Member Username: Maranelloman Post Number: 56 Registered: 1-2002 |
No, all the cars did not belong to one person. There were a number of FCA members there as well. Several cars are also out of view--my 550, a really nice 365 GTC, etc. | ||
| Cmparrf40 (Cmparrf40)
Junior Member Username: Cmparrf40 Post Number: 100 Registered: 3-2002 |
Hugh, those are 18" Speedlines in black, (they do look bronze) they are also available in natural and white. These ae usually used as track wheels. Chris | ||
| Hubert Otlik (Hugh)
New member Username: Hugh Post Number: 24 Registered: 1-2002 |
I have some questions: 1). Do/did all those cars belong to one individual? 2). Are those Kinesis wheels on that F40? I must admit, I have never seen an F40 w/ aftermarket wheels, but that one looks stunning w/ the dark bronze wheels! Any more pictures of F40's w/ aftermarket wheels, or of that F40 in particular? | ||
| Harlan Mott (Hmott3)
Junior Member Username: Hmott3 Post Number: 73 Registered: 12-2001 |
another group hug? | ||
| Cmparrf40 (Cmparrf40)
Junior Member Username: Cmparrf40 Post Number: 99 Registered: 3-2002 |
I love you guys.............. Chris | ||
| Manu Sachdeva (Manu)
Junior Member Username: Manu Post Number: 68 Registered: 2-2002 |
I wasn't nervous in the slightest for you Chris... Chill out mate! LOL | ||
| TomD (Tifosi)
Member Username: Tifosi Post Number: 379 Registered: 9-2001 |
I hear you | ||
| Cmparrf40 (Cmparrf40)
Junior Member Username: Cmparrf40 Post Number: 98 Registered: 3-2002 |
Tom, I am so gun shy I don't even talk to my wife anymore, much less anyone else's! | ||
| TomD (Tifosi)
Member Username: Tifosi Post Number: 378 Registered: 9-2001 |
chris I was nervous for you too but did not see any problem with your post after reading it a few times. These non-verbal discussions do get twisted.  | ||
| Cmparrf40 (Cmparrf40)
Junior Member Username: Cmparrf40 Post Number: 96 Registered: 3-2002 |
Tenny, Thank you!, thank you!, thank you! I thought I was okay, however I get a little nervous on here sometimes, I do not want anybody unhappy! Chris | ||
| Tenney (Tenney)
Junior Member Username: Tenney Post Number: 96 Registered: 2-2001 |
Okay, third impression. (think deadpan delivery, Chris). | ||
| Frank Parker (Parkerfe)
Member Username: Parkerfe Post Number: 699 Registered: 9-2001 |
Mileage may matter more in an F40 than the run of the mill Ferrari. I believe an F40 calls for an engine rebuilt at around 25,000 miles. | ||
| Cmparrf40 (Cmparrf40)
Junior Member Username: Cmparrf40 Post Number: 94 Registered: 3-2002 |
Tenny. please tell me that was a joke.... Chris (I have to get permission from my wife too, I understand Jeff's posistion!) | ||
| Tenney (Tenney)
Junior Member Username: Tenney Post Number: 95 Registered: 2-2001 |
wm, re: euro v US F40's. Again, no pro here, but I'm pretty sure the euro cars are a fair bit lighter due to the added weight of DOT-mandated crash-absorbing items. Although I recall reading in a past issue of R&T that they actually found a bit more power in the US car (the supposed result of "fine-tuning the fuel injection for cleaner burning"). As far as importation/federalization of a euro '40, I think DOT/EPA regs have made this somewhat prohibitive and, for what it's worth (not a ton), I've not seen any US legal euro '40's. RE: mileage. It seems a fair number of the 200 or so US F40's ended up as expensive pieces of furniture. And so the '40 market, small that it may be, is relatively full of cars w/under 1k miles. These represent the high end of the pricing scale and I agree with your take that if the car is going to be driven fairly often and/or tracked, in particular, that a car with some miles is perhaps the wiser purchase. Chris, I believe you referenced Jeff's wife in your post. Please be advised that you've now made a second impression! | ||
| Richelson (Richelson)
Member Username: Richelson Post Number: 607 Registered: 12-2001 |
I agree if I can buy a car with a few more miles for less $$$ I would provided it was just as nice reasonably speaking. Why pay more for a 28K car when you can find a 40K car for less and the mileage isn't that drastically different. This mileage is F40 mileage as they tend to have less than other models. This is used for as an example. | ||
| wm hart (Whart)
Junior Member Username: Whart Post Number: 143 Registered: 12-2001 |
One observation and one question: There is a marked tendency in F-land to treat any car with more than a few miles as salvage material. If you buy a low mileage car with the expected premium, but plan to put miles on it, or track it, the value of the car will diminish significantly, and quickly. Thus, why not buy one with a few more miles than "accepted" in polite circles, assuming it is a straight car, has been properly maintained and has not been heavily tracked? My question: do f-40's suffer from the same compliance rules as the more modern cars or put another way, can one be brought in from europe, converted to the extent necessary and a savings still realized? (Subquestion: to what extent are the euro ones any better; i remember non-cat, and adjustable suspensions were possible differences but don't pretend expertise on this model). What say you, gang? | ||
| jeff thomas (Jthomas)
New member Username: Jthomas Post Number: 6 Registered: 3-2002 |
Guys, This is great information. I really appreciate all of the input. I am going to continue looking in my range but if the perfect car comes along I know I will have to step up if I can. | ||
| Cmparrf40 (Cmparrf40)
Junior Member Username: Cmparrf40 Post Number: 92 Registered: 3-2002 |
Richelson, I am not sure if the question is can you buy an F40 $255,000. I think maybe you can. I thought the question was can you buy a low mileage, no story, F40 at $250 $255,0000? I have seen no evidence of cars selling that cheap. (ever) there is not a lot of F40's for sale, the current Ferrari market letter only has 5 F40's listed, ranging in price from $295,000 to $379,000. I have not seen a $250,000 F40. So, in my opinion, Jeff has a difficult road in front of him. I hope he can find the car he wants but F40 prices are up nearly 5% from this time last year (about $15,000), not down, time could work against him.... Let's keep our fingers crossed and our eyes open, maybe we can make Jeff's dream come true! That is what we all want! Chris | ||
| Cmparrf40 (Cmparrf40)
Junior Member Username: Cmparrf40 Post Number: 91 Registered: 3-2002 |
Tenny I would agree with your assesment, the $250k F40 is going to have a story attachted to it. (miles, slight damage, incomplete records etc.) A no stories F40 will wholesale for more than $250,000, so it will be difficult to find. Now that we are on this subject, I know of 3 F40 sales since 9/11. As Robert mentioned I bought mine in Indy from a gentlemen who supposedly has more money than god (so I was told). A 1991 model, it was a 2 owner F40, sold new from Continental, sold to the 2nd owner from Continental and serviced through Continental. I bought it with 6,450 miles. All books and records, no damage history, no paint work. The car has computer chips upgrade, 3 exhausts, tubi sport, tubi comp and stock. The car has 2 wings, stock and a carbon fiber "Evolution" wing from Ferrari (about $6,500) The car also has 4 point belts, (a must) and a CD player that can be removed without any eveidence of it being there (you can't hear it if the engine is on, so.... I grabbed this car at $275,000 and never looked back, I had a dealer offer me $300k the week I bought it. I think I did OK. A friend of mine purchased an excellent 1992 F40 with 3,500 miles in California and it was over $300,000. Tim's F40 also a 1992 with low miles was right around $300k. It seems to me that nice cars with no stories are selling at $300k, I got lucky, (Iwould have paid $300k). I hope Jeff finds what he is looking for I would love to help him if I can. If his wife will let him step up, he will never regret it! | ||
| Richelson (Richelson)
Member Username: Richelson Post Number: 605 Registered: 12-2001 |
I don't see why you can't find one. If that one sold for $275K then you should be able to find one for $255K but there aren't that many cars forsale either. | ||
| Tenney (Tenney)
Junior Member Username: Tenney Post Number: 94 Registered: 2-2001 |
I'm no expert, but I think 250k is possible for a decent car with some miles and/or maybe some missing history/originality. The trick here is finding a seller who wants cash now and won't miss a 30-40k nick off his/her asking price. This car may require some significant looking/waiting and is unlikely to come from a dealer/broker. Knowing some have sold for more or less, IMO, the right price is probably somewhere between 275k (clean, good driving car w/miles, maybe modded and/or missing an original item or two) to 325k (basically perfect '92, way low miles but fully-sorted, with complete and detailed history/original owner?, complete original tools/books/pouch, recent service, no crash/paint/stories). The 295k asking price on the car referenced is probably more mileage-based (11k) than history-based, IMO. Looks clean and fairly complete (tools/books) in the photos and is Tubi'd up, which is nice (if original is included). Don't give up and best of luck w/your search. | ||
| Cmparrf40 (Cmparrf40)
Junior Member Username: Cmparrf40 Post Number: 90 Registered: 3-2002 |
Robert, I know that F40..... it is in my garage. | ||
| Robert Jude Klein (Rjklein4470)
New member Username: Rjklein4470 Post Number: 24 Registered: 3-2002 |
a F-40 sold here in indy low miles tubi, race computer, race wing for about 275 | ||
| Cmparrf40 (Cmparrf40)
Junior Member Username: Cmparrf40 Post Number: 87 Registered: 3-2002 |
Hi Dave, you run with a tough crowd! | ||
| Dave (Maranelloman)
Junior Member Username: Maranelloman Post Number: 54 Registered: 1-2002 |
HOLY SH*T! That was Mel Spillman's car! I have pictures of all his cars, taken at an FCA event at his house in San Antonio last year! And his spectacular garage! Pictures attached. I had heard that he got caught embezzling parts of people's estates, as a city employee or something there. I had always wondered how he managed to afford all those cars on a gov't salary. Now I know.    | ||
| Cmparrf40 (Cmparrf40)
Junior Member Username: Cmparrf40 Post Number: 86 Registered: 3-2002 |
Rocco, a few years ago I would have agreed, but not now. I would much rather have an 8 - 10,000 mile F40 that one with 800 - 1,000 miles. Sitting around not being driven is very tough on any car, including a Ferrari. I have a doctor friend of mine that bought an ulta low mile F40 3 years ago and spent nearly $20,000 getting it road ready. These cars are over 10 years old, a 1000 miles a year is barely adequte to keep systems like brakes in good working order. At 50,000 miles I would agree that $250 to $270,000 is the range. The poor history can be pretty broadly defined, but a car with significant damage history can be very difficult to sell at any price. The mileage in the 8 -15,000 mile range, in my opinion, is not a negative. Hey just my opinion, I am sure you and others may be more qualified than I on this issue. Chris | ||
| Cmparrf40 (Cmparrf40)
Junior Member Username: Cmparrf40 Post Number: 84 Registered: 3-2002 |
Jeff, I wish you the best, but an F40 with less than 10,000 miles for $250,000 I don't think so, not one you would want to own. An F40 is a $300,000 car +. There are more buyers than cars, therefore the sellers don't have to take an under market value price for a nice car. I don't know all of the reason's Sheehan is selling that F40 cheap other than the owner is in Jail, so what? As long as the car has a good title, no damage history and books and records, $295,000 is a deal. The car is already under market because of its owners problem. I would encourage you to get an F40, I love mine, but dig deeper, their is nothing more expensive than a cheap Ferrari, ecspecially a F40. (not that $250,000 is cheap, you understand)Good luck Jeff, $300+ is the number! Buy the best you can, you will forget what you paid for it a year from now. Buy one with problems, and you will never forget what you paid! Let me know if I can help, Chris | ||
| Frederick Thomas (Fred)
Member Username: Fred Post Number: 364 Registered: 2-2001 |
Jeff, I can't argue with that. Although I think that will be money VERY well spent. I have a cousin named Jeff Thomas. Goodluck on your search. To me searching for the right car was half of the fun and I was only looking for a 308! | ||
| rock (Rocco)
New member Username: Rocco Post Number: 1 Registered: 3-2002 |
thats all the money for a car with 10000 mi or a with a poor history. | ||
| jeff thomas (Jthomas)
New member Username: Jthomas Post Number: 5 Registered: 3-2002 |
Bill, I offered $255,K on Sheehan's car and he acted like I hit him in the face with a pile of %!#* Fred-The reason for the tight range is I promised my better half I would not waste (her words!!) anymore money than that. | ||
| Bill Sawyer (Wsawyer)
New member Username: Wsawyer Post Number: 25 Registered: 2-2002 |
I meant ferraris-online.com, of course. My high school typing teacher wouldn't be surprised. | ||
| Bill Sawyer (Wsawyer)
New member Username: Wsawyer Post Number: 24 Registered: 2-2002 |
I've seen a few for $295K. Nicholas Cage's car just went for about $312K at the RM Auction on Amelia Island. Michael Sheehan at ferrris-online.com has one for $295k or best offer. But, as mentioned by someone else in this forum, that car may have some issues. The owner was invited to spend the next several years on a state-sponsored vacation in a penal institution. Some of the facts are available on Sheehan's site. | ||
| Frederick Thomas (Fred)
Member Username: Fred Post Number: 363 Registered: 2-2001 |
$250-$255 seems like a pretty tight range to me on such a big dollar purchase. Of course it isn't my money being spent. | ||
| Tyler (Bahiaau)
Junior Member Username: Bahiaau Post Number: 160 Registered: 12-2001 |
I think you will have more luck in the 300-325 range. | ||
| jeff thomas (Jthomas)
New member Username: Jthomas Post Number: 4 Registered: 3-2002 |
I am trying to buy an F40 but I am apparently a cheapskate (according to F40 Sellers) since I am doing my best to purchase one with no more than 10,000 miles and no prior damage in the $250-$255 range. Anyone have an opinion or advise. |