Sold at Mecum Auction in Houston - 1981 400i | FerrariChat

Sold at Mecum Auction in Houston - 1981 400i

Discussion in '365 GT4 2+2/400/412' started by OttoB, May 2, 2015.

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  1. OttoB

    OttoB Formula Junior

    Aug 17, 2013
    699
    Palm Beach, FL
    #1 OttoB, May 2, 2015
    I had several hours' worth of taped auction coverage that aired last month and which I tend to save on my DVR whenever there's not much going on in "live" TV, so I had it playing in the background...

    Imagine my incredible surprise when one of our cars was prominently displayed for sale!!! The reserve was removed at the $37,000 mark and the car sold for $38,500. Was I the only one who saw this?

    Here is the link Mecum provided with pictures:

    https://www.mecum.com/lot-detail/HA0415-218220/0/1981-Ferrari-400I/Automatic/
     
  2. Ashman

    Ashman Three Time F1 World Champ
    Owner Silver Subscribed

    Sep 5, 2002
    31,678
    MA
    Full Name:
    John
    #2 Ashman, May 3, 2015
    Interesting and spectacular price, and with the dreadful 85 mph speedometer, no less!
     
  3. rrbnut

    rrbnut Formula Junior

    Jan 19, 2015
    264
    Carlsbad San Diego
    Full Name:
    Klaus Reichardt
    #3 rrbnut, May 4, 2015
    did not see it watching the auction, must have been gone to the pot at that time :)
     
  4. SouthJersey400i

    SouthJersey400i Formula 3

    Mar 14, 2007
    1,603
    Romulus, NY (Finger Lakes)
    Full Name:
    Ken Battle
    #4 SouthJersey400i, May 4, 2015
    What does this group think of the pin stripes, + or -??
    Ken
     
  5. bjwhite

    bjwhite F1 Rookie

    Mar 17, 2006
    4,684
    Seattle, WA
    Full Name:
    Brian White
    #5 bjwhite, May 4, 2015
    Hah, the paint color is spectacular...the pinstripes are horrible. Some cars just do not belong with pinstripes--the 400 is one of them.
     
  6. bjwhite

    bjwhite F1 Rookie

    Mar 17, 2006
    4,684
    Seattle, WA
    Full Name:
    Brian White
    #6 bjwhite, May 4, 2015
  7. OttoB

    OttoB Formula Junior

    Aug 17, 2013
    699
    Palm Beach, FL
    #7 OttoB, May 4, 2015
    I had not put my finger on the fact that this car had been seen recently before. Having just re-read the link above, ironic how the seller from eBay had been so enthusiastic in selling it close to $60K, the potential buyer (with only 2 posts) who was trying to negotiate a purchase was apparently offering around $40K, and ultimately with auction fees, ended selling on the lower of the two figures!

    Hope the new owner eventually joins this forum...
     
  8. rrbnut

    rrbnut Formula Junior

    Jan 19, 2015
    264
    Carlsbad San Diego
    Full Name:
    Klaus Reichardt
    #8 rrbnut, May 5, 2015
    agree on the pin stripes; I did think it was that car we saw before; too few around not to have shown up sometime here :)
     
  9. ricar116

    ricar116 Formula Junior

    Aug 2, 2005
    409
    Bolivar, Missouri
    Full Name:
    Rick Carr
    #9 ricar116, May 5, 2015
    Respectable price. Especially at an auction not known for it's European lots, let alone the more obscure examples. Hagerty's value for a #1 example is $36,500. The seller should be pleased. The auction house should be pleased. The buyer still purchased an undervalued model.
     
  10. 57Wayne

    57Wayne Karting

    Mar 29, 2015
    127
    Wilbraham MA
    Full Name:
    Wayne Thresher
    #10 57Wayne, May 5, 2015
    This was the car I was looking at and had gotten the price down to $41400 or so. At $38k I probably would have gone for it but there was the comment about the first digit (10000 digit) not lined up right...looking like an odometer rollback. Still looking.
     
  11. koisokok

    koisokok F1 World Champ
    Rossa Subscribed

    Dec 8, 2006
    10,874
    nine 0 two one 0
    #11 koisokok, May 5, 2015
    Redline at 85 mph!
     
  12. dstacy

    dstacy F1 World Champ
    Owner Rossa Subscribed

    Jan 23, 2006
    11,782
    GMT -5 & GMT +1
    Full Name:
    Dave
    #12 dstacy, May 28, 2015
    If that sale is reflective of the current market I wonder what a 5-speed brings now. Yikes!
     

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