| Author | Message | ||
| Roel de Fouw (Spawnz)
New member Username: Spawnz Post Number: 33 Registered: 6-2002 |
Najib: cultural shock indeed. I live in Holland myself. This summer I visited a friend of mine in Abu Dhabi, for the first time. He showed me all around, and went to Dubai too ofcourse for a couple of days. It was an unbelievable experience, and I really didnt want to leave the place at all. You can really see how much funds those cities have coming from their oil supplies. The wealth level there is so incredibly high (all those nice cars... everywhere!). The people there were great too. And i'm afraid I got a bit hooked on the sheesha thing. Brought one back home too. Well, its really too much to tell in a couple of lines how much i liked it there, but it was beyond anything I expected. Can't wait to visist him again sometime in the near future. Sorry to go offtopic btw. Kenny: If you have the money to do such thing, I wouldnt know why you couldn't atleast check it out. See how much is possible, set yourself up a plan. But make sure that before driving it, you take some serious (track)driving lessons. You don't want to lose control over your car driving an F40. Wrecking a car like that on the street is a sin, and more important, problably bad for your health too. Anyhow. Goodluck with it, and keep us informed if you go for it. | ||
| Manu Sachdeva (Manu)
Member Username: Manu Post Number: 484 Registered: 2-2002 |
Kenny - if you CAN do it (feasibly) then DO do it - Life is short and anyone could die tomorrow - A Ferrari F40 at 17? You'll probably be the youngest owner of an F40 in the world. Be sensible, work the costs, work the red-tape you have to get through, and DO IT. | ||
| Dave Penhale (Dapper)
Member Username: Dapper Post Number: 283 Registered: 4-2002 |
wow, this threads in danger of getting out of proportion! I have to say kenny that even a 348 would probably be exhorbitant to insure at 17 years old, may be worth a few phone calls on that one before purchasing. | ||
| Najib Amanullah (Najib)
Junior Member Username: Najib Post Number: 225 Registered: 4-2001 |
Dan, drop me a line at [email protected] as your e-mail address is not on your personal profile. Kenny this must be the sale of the century. Hope they haven't come on hard times as it sounds like they are selling the family silver. | ||
| Najib Amanullah (Najib)
Junior Member Username: Najib Post Number: 224 Registered: 4-2001 |
Martin If its your first time to this region, be prepared for a cultural shock. Dubai is very nice and you can find some interesting things to do. Try to visit some of the old markets (Souks). They have an atmosphere...and dont forget to take your wife to the Gold Souk. You've NEVER seen so much gold hanging off walls and on open display. And much cheaper than the west but be prepared to haggle. By the way, its all quite safe and you can walk around with $$$$$ in your pocket without any risk. Golf, deep sea fishing, desert safaris, clay pigeon shooting etc. etc. is all there at a price. Enjoy your trip. | ||
| Tim N (Timn88)
Intermediate Member Username: Timn88 Post Number: 1495 Registered: 6-2001 |
I would be pissed if someone keyed my 94 accord daily driver that has bad paint on it to begin with or any car i own for that matter. I know that ferraris are special but they are just cars, its not like they love you back. sure they are fun to drive and can really cheer you up, but they are still cars. | ||
| Andrew (Mrrou)
Member Username: Mrrou Post Number: 375 Registered: 3-2002 |
Tim a car would just be a car if it was a Chevy. But a "$600,000 ferrari" as u put it is very expensive when it comes to taking out dings and doing repairs. When some kid keys your car and you spend money to fix it, it can be heartbreaking, not only in our soul but on ur wallet as well..not to mention the insurance expense. Remember this is a Ferrari not a Chevy. Andrew | ||
| Tim N (Timn88)
Intermediate Member Username: Timn88 Post Number: 1493 Registered: 6-2001 |
Frankly, its just a car. If i had it all i would do was worry. I would not want to give up what is supposed to be the best 4 years of my young life having to worry about a car. I used to be a car freak, now i just admire them. Once again, a car is just a car. I used to work really hard in school so i could get a good job and buy ferraris. I realized what is that worth if i dont like what i do? As long as i have a loving family and a job i like and am good at, thats all i want. getting paid alot for it is just an added benefit. When i look back on my life in 50 years i want to think that i affected peoples lives in positive ways, and that my life was meaningful. Im NOT saying that everyone who is rich doesnt have that, im just saying that its more important than money to me. Oh yeah, i wouldnt want to own an enzo because i would get myself killed. its like a jap bike, i want one (and could actually afford one) but i couldnt trust myself on one and i still have my whole life ahead of me. not driving a car for a while really makes you realize whats really important in life. Also, i love it that a comment like that makes people think im judgine these people. I didnt judge them and if you find a reason to argue that buying a kid an F50 is a bad idea then you shouldnt be a parent. Is it my fault that i like living in the US where i can say what i want, drink beer, eat pork and not have to oppress women? Im not saying that these people are bad, im just saying i dont like how things are over there and wouldnt want to live there. I'm waiting to see who the first person is that interprets "dont like whats going on over there" to "hates the people that lives there." because thats not what i mean. im not trying to offend anyone of piss anyone off, im just saying my thoughts. | ||
| Kenny Herman (Kennyh)
Member Username: Kennyh Post Number: 412 Registered: 8-2001 |
Dan, You can email me at [email protected]. | ||
| Dan (Bobafett)
New member Username: Bobafett Post Number: 28 Registered: 9-2002 |
Kenny, I have actually found a car I am working on now, but I very much appreciate your offer. I will, however, put you in touch with the gentleman I am working with if you desire. Let's take this one off of the forum. --Dan | ||
| Kenny Herman (Kennyh)
Member Username: Kennyh Post Number: 411 Registered: 8-2001 |
Martin, I'd be more then welcome to set you up with my friend in Bahrain, maybe he could take you to the kings palace  Dan, if you can find a feasible way to get the car in the country, you can take this car from me, a profit for me is an added bonus, but I'd rather make a true fellow tifosi happy (and I'm sure you'd let me drive it around the block ;). I know that he is selling his Jag XJ220 and Porsche 959 also if you are interested. | ||
| Dan (Bobafett)
New member Username: Bobafett Post Number: 25 Registered: 9-2002 |
Tim, I have to concur. I find your attitude pretty repulsive. If you ever earn that kind of money in life (and I hope you do), then I hope no one makes similar judgement about you and how you should spend it. Najib, There are some cars with fine histories (a friend of mine lives in Bahrain now), you just have to look. I never thought ot inquire about F50 pricing. Very interesting. If you don't mind, send me an email and we can discuss things off of the forum. Kenny, Frankly, I would look harder, but if you know enough about the car, at the very least you could fly out there. At the very least you enjoy a few days in another country and save yourself from what could have been. At best, the car is a real find and you're the lucky finder. One thing you might want to consider is selling it in Europe. I know that the prices aren't as high as the US market, but then you *might* get away with not having to do any conversion at all, which would save you a great deal of time and money. Again, I don't know what the rules and regulations are. If you want help with US conversions or importing, let me know as I have a friend who specializes in doing so (we're currently discussing importing a Euro F40 for myself, so this is a topic near and dear to my heart and one with which I am fairly familiar). --Dan | ||
| Martin (Miami348ts)
Advanced Member Username: Miami348ts Post Number: 2977 Registered: 5-2001 |
Bahrain is perfectly safe! Marion and I will have to go to Dubai in a few months. The first 20h-flight-business trip I will fully enjoy! I would not sweat the trip but the price does not convince me either. The easiest way is to have it flown into the US: Having $ 200,000 for 8 weeks on boats being on and off loaded will safe you a few $$$ but the interest loss and additional insurance will likely kill that savings immediately. | ||
| Kenny Herman (Kennyh)
Member Username: Kennyh Post Number: 410 Registered: 8-2001 |
Tim, Where do you come off judging these people? Jealousy is a terrible thing, I bet you wouldn't turn down an Enzo (or whatever floats your boat), and if you would, you've drank yourself retarted in college lol... | ||
| Tim N (Timn88)
Intermediate Member Username: Timn88 Post Number: 1492 Registered: 6-2001 |
I wish i was a spoiled arab prince and that my father bought me $600,000 ferraris. Actually wait, no i dont. I will probably lead a fuller life than those people, i'l also learn the value of a dollar because i will actually have to work for my money. | ||
| Najib Amanullah (Najib)
Junior Member Username: Najib Post Number: 223 Registered: 4-2001 |
Dan They dont have a developed used car (pre-owned) market here. These cars are usually owned by Princes or extremely wealthy young kids who tire of them and want to sell them. I only saw one F50 approx 9 months back but that was snapped up. I was told that since everyone is returning from their long summer breaks, more cars should be on the market soon. I know there is an old silver coloured car available, I cant remember for sure but it might be a 288 with very low miles. I could find out if anyone is interested. Sometimes service history on these cars is suspect hence I bought mine in Switzerland. | ||
| Kenny Herman (Kennyh)
Member Username: Kennyh Post Number: 409 Registered: 8-2001 |
Andrew's right, chances are I'd sell it, but then buy a 348, and still have enough cash left over to pay for maintenance, insurance etc... | ||
| william speer (Wspeer)
New member Username: Wspeer Post Number: 41 Registered: 8-2002 |
insurance could be a huge problem. i only found one company in the us that would insure me when i bought my 308. i was 22 years old and had to pay through the nose. | ||
| Andrew Menasce (Amenasce)
Member Username: Amenasce Post Number: 298 Registered: 10-2001 |
I think Kenny wants to sell the F40 no ? i dont think he wants to get it for himslef . | ||
| Tim N (Timn88)
Intermediate Member Username: Timn88 Post Number: 1491 Registered: 6-2001 |
Dave is right. Dont be suprised if insurance is over $20k a year. Actually, i cant see any insurance company insuring a 16 or 17 year old on that car ion thier right mind. | ||
| Dave Penhale (Dapper)
Member Username: Dapper Post Number: 271 Registered: 4-2002 |
Hmmm, 17 with an F40, I can hear the hands of the insurance broker rubbing together. Doesn't sound cheap enough wrt risk to me. No such thing as a free lunch. My 39 years on the planet have taught me no bugger gives owt away thats worth owt. There's ALWAYS a hidden, not necessarily easily quantifiable catch. Good luck, on the FACE of it sounds like a great deal and you couldn't be blamed for going for it, I somehow doubt its a great deal though! | ||
| Dan (Bobafett)
New member Username: Bobafett Post Number: 24 Registered: 9-2002 |
Najib, Those F50 prices seem way out of line. THe F40, yes, but do you have any more information on the F50's in that market? Any websites? --Dan | ||
| Justin Randall Kenyon (Kenyon)
New member Username: Kenyon Post Number: 5 Registered: 10-2002 |
DO NOT FORGET, THE FUEL CELLS ON F40 NEED REPLACING EVERY 10 YEARs. THIS COSTS AROUND �20,000.00 POUNDS (uk). THE REASON IS THEY ARE RACING FUEL CELLS THAT CONTAIN A SPECIAL FIRE RETARDEN FOAM. BY LAW THESES NEED REPLACING SINCE THE CAR HAS RACING EQUIPMENT BUT IS ROAD LEGAL. | ||
| Justin Randall Kenyon (Kenyon)
New member Username: Kenyon Post Number: 4 Registered: 10-2002 |
DO NOT FORGET, THE FUEL CELLS ON F40 NEED REPLACING EVERY 10 YEAR. THIS COSTS AROUND �20,000.00 POUNDS (uk). THE REASON IS THEY ARE RACING FUEL CELLS THAT CONTAIN A SPECIAL FIRE RETARDEN FOAM. BY LAW THESES NEED REPLACING SINCE THE CAR HAS RACING EQUIPMENT BUT IS ROAD LEGAL. | ||
| Najib Amanullah (Najib)
Junior Member Username: Najib Post Number: 221 Registered: 4-2001 |
Kenny These are normal prices here in the Gulf. A friend of mine was recently offered a 355 F1 1997/8 35000kms) for $46k. If this guy thought it was possible, he would ship the cars to the US and make money. Obviously he can afford the shipping costs judging from the cars he owns. By the way you can get F40's in Europe for around 220k Euros. So its not such a bargain. Check out www.carclassic.com. By the way the cars at this site are a bit more expensive than the normal prices in Europe because of commission. I saw a red F50 at the dealer here in the ME with 800kms. on the clock for approx $240k. Needless to say, I dont have a spare $250k lying around or burning a hole in my pocket. | ||
| Tim N (Timn88)
Intermediate Member Username: Timn88 Post Number: 1490 Registered: 6-2001 |
I dont want one. Where would i park it? in the lot outside my dorm? what would i use it for, beer runs to rite aid? Frankly, i think i would get myself killed in it. I know my abilities and this is wayyy above them. Also, for the $125k it would probably run you to buy it, convert it and ship it it just seems like too much of a hassle. thats big money you are dealing with. | ||
| Dan (Bobafett)
New member Username: Bobafett Post Number: 19 Registered: 9-2002 |
Tommy, The prices aren't too good ot be true. If one checks ou tthe aftermarket there, you'll see that prices are ridiculously low as compared to the US or even most of Europe. --Dan | ||
| tommy jones (360mode)
New member Username: 360mode Post Number: 45 Registered: 9-2002 |
i think i remember hearing a few times in my life that if something sounds too good to be true, it probably is?!?!?!?!? good luck if you decide to go. | ||
| Tenney (Tenney)
Member Username: Tenney Post Number: 257 Registered: 2-2001 |
I don't think a euro F40 can be federalized. At least I've not seen one that has been. If so, expect significant EPA/DOT adjustments (and associated expenses). | ||
| Kenny Herman (Kennyh)
Member Username: Kennyh Post Number: 408 Registered: 8-2001 |
Andrew, yes. Tim, Ferrari's are not practical. In response to, "but also do you really want an F40?", what kind of question is that? lol, no Tim, I don't want an F40, I'll stick to my Volvo. :::sarcastic::: | ||
| Tim N (Timn88)
Intermediate Member Username: Timn88 Post Number: 1489 Registered: 6-2001 |
If it hasnt been driven alot expect to have to do cam belts, whatever other belts the car has, some seals, and more as they would have dried out. but also do you really want an F40? at 17, it isnt the car you need to be in. its so unpractical (is that a word) and you dont have the skill to drive it, neither do i, neither do alot of people. you gotta be a man to drive that thing. | ||
| Andrew Menasce (Amenasce)
Member Username: Amenasce Post Number: 297 Registered: 10-2001 |
Kenny are you talking about oodis ? | ||
| Dan (Bobafett)
New member Username: Bobafett Post Number: 13 Registered: 9-2002 |
I see no problem in going to the middle-east. Bahrain will be fine and safe. The car, however, might pose some problems. As I understand it, the '92 cars are MUCH easier to convert than the ones from before. Perhaps you could import it as a show car. Another trick is to have a foreign national bring the car in under his name. He sells the car to you and presto. (THis came from someone at the DOT, ssh! ;) ). I have not yet looked into the exact details regarding these methods. Also, do your shopping. If you look around, you'll find some fantastic prices on cars there (the secondary market is crazy), and might be able to argue th eprice down more. --Dan | ||
| William H (Countachxx)
Intermediate Member Username: Countachxx Post Number: 1503 Registered: 2-2001 |
Kenny Do NOT go to Bahrain. The middle east is a powder keg, as usual. $195 is a good price for an F40 , a great price but is saving $100k worth putting your life at risk ? If they can get the car to the US or even Europe then I would b more likely to tell u to go | ||
| Russ Moore (Rem9)
Junior Member Username: Rem9 Post Number: 101 Registered: 6-2001 |
Kenny, Run from this. If it was owned by your uncle or something that would be one thing, but...... What happens if upon arrival, the car is found to have major problems or a body that has been redone poorly. If it was in perfect shape you would still need to get it to meet federal specs. Ferrari parts have been known to bring a tear in the corner of many an eye. Realize also, if the car turns out to be a total disaster, given the international component you have little chance of any recovery. Having it hop the globe to get it in could also be a major issue in itself. Likely this isn't what you wanted to hear, but you asked for advice. Different altogether if it was just up the road or even a short flight away. "Buyer beware" is a term to be remembered when dealing with exotics. There are lots of sharks in the ocean! Given the current economy, likely you could find a similar deal on domestic soil and check it out before a risky investment. Russ | ||
| Tim N (Timn88)
Intermediate Member Username: Timn88 Post Number: 1486 Registered: 6-2001 |
Even if you go 50/50, $95 is still a shitload of cash. Be smart and wait, you are wayyyy to young to be behind the wheel of an F40, they arent the most forgiving cars in the world. F40s go for $300k here i beleive. i just cant get over the price of that F50 though. | ||
| Kenny Herman (Kennyh)
Member Username: Kennyh Post Number: 404 Registered: 8-2001 |
I believe it has been in storage, and yes, it can be proven. | ||
| J. Grande (Jay)
Member Username: Jay Post Number: 610 Registered: 10-2001 |
untitled? Who owns the car? Can they prove it? | ||
| Kenny Herman (Kennyh)
Member Username: Kennyh Post Number: 403 Registered: 8-2001 |
My friend in the mideast would go in 50/50 with me, and he loves American cars (go figure as he drives a 996TT), so he wants me to send over some Vipers for him... He has connections directly to Ferrari, for an untitled, undriven F40 that has just sat in the warehouse for 190. | ||
| J. Grande (Jay)
Member Username: Jay Post Number: 609 Registered: 10-2001 |
Kenny there was a discussion on this about a month ago, try the search. 195K for an F40 is almost the going price in North America isn't it? I would be concerned about how the cars were serviced and maintained. Bahrain has alot of sand and I would worry about regular service issues. Are you prepared to fly to Bahrain to inspect the car? or Can you trust someone you don't know to be unbiased in looking over the car for you? You need to ask alot of questions. Personally, I wouldn't even consider it unless I went there myself with a mechanic. Just my thoughts. | ||
| Kenny Herman (Kennyh)
Member Username: Kennyh Post Number: 401 Registered: 8-2001 |
Background: I have a friend in the mid-east whose family is selling off some of their cars, supposedly, they are selling them for next to nothing... He said they sold of a yellow F50 for approx. 220k USD, and a 355B for around 55k. When he told me he wanted to get rid of his F40 for 195k(approx again), in which I almost wet my pants... The car is in perfect condition, inside and out! Here comes the questions: 1. How difficult would it be to ship a car from the mideast (Bahrain I believe) to the U.S... Would it be easier to send it to Germany then to the U.S? How much would this cost? 2. Would the F40 be street legal in the U.S? How much work would have to be done to make it street legal? 3. Anyone potential buyers for this car? Any advice/help is appreciated... |