F40 prices sinking fast? Asking below $499k and no takers | Page 28 | FerrariChat

F40 prices sinking fast? Asking below $499k and no takers

Discussion in '288GTO/F40/F50/Enzo/LaFerrari/F80' started by mjw599, Nov 12, 2008.

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  1. Sfumato

    Sfumato F1 World Champ

    Nov 1, 2003
    10,194
    Llanfairpwllgwyngyll, Anglesey, Wales
    Full Name:
    Angus Podgorney
    Wow, you're humble too.
    You aren't a Bill Noon, or even a Griswald with your attitude.
    Still didn't address your presumption about ill-maintained 12k mile cars.
    I won't wait for it. You can't admit you deliberately mistated another post.
    So the "royal we" are dismissing a car with miles as ill-maintained. Presumptive. I expect nothing less after your last posts.
     
  2. joe sackey

    joe sackey Five Time F1 World Champ

    May 23, 2006
    57,525
    Southern California
    Full Name:
    Joe Sackey
    Thats from another thread, has nothing to do with this one, was clearly misunderstood by you, and was directed at an individual who has now posted a few minutes ago and happens to agree with me.
     
  3. 512bbnevada

    512bbnevada Formula Junior
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    Aug 22, 2007
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    Biff
    #678 512bbnevada, Feb 17, 2009
    Last edited: Feb 17, 2009
    I am still laughing at Joes comment f40 owners are too smart to get themselves into a tight spot where they need to sell the car cheap, some of them paid considerably more a year ago than they are worth now which isn't so smart now, there was a local guy here that had an Enzo and a bunch of other Lambos exotics that posters here would stroke and comment they wished they could be like him someday well he has liquidated everything big fish get small little fish get big that's free enterprise.
     
  4. DennisForza

    DennisForza Formula 3

    May 23, 2006
    1,814
    Arlington, VA
    Full Name:
    Dennis
    #679 DennisForza, Feb 17, 2009
    Last edited: Feb 17, 2009
    A lot of it is greed and over extension, not free enterprise. A lot of people I thought had good things going on have taken some major hits to the knees now that the music has stopped and they are left with out a chair. Sadly they are just losing exotic cars and mansions, while others are losing honest jobs and homes due to the games of others. But like you said, now some small fish will get some bargins and in the next boom might be the big fish. Hopefully the new big fish will learn lessons from the failures of the no longer big fish, but for most of them I doubt it.

    F40 prices have hit their stagnation point, they will soon hit their BIG dip, stay there for a while, and eventually will double their last peak.
     
  5. Drive550PFB

    Drive550PFB Two Time F1 World Champ
    Silver Subscribed

    Are you confusing the F-40 with the 288 GTO? They look a lot alike and some 308s have been modified to look like 288s. But a Ferrari guy would never--never--consfuse a 308 with the F-40.
     
  6. Sfumato

    Sfumato F1 World Champ

    Nov 1, 2003
    10,194
    Llanfairpwllgwyngyll, Anglesey, Wales
    Full Name:
    Angus Podgorney
    So your comments are thread specific, the comment is quite plain, and you AGAIN didn't recognize your presumption about miles and maintenance. I understood the comment, you didn't follow your own comment.

    Point in fact, Bill looked and drove the car in that thread, and though not a PPI, had concerns voiced and he suggested a PPI/SD3. No malice, just his opinion how a car felt. Both reasonable. Your comment was superfluous, as Bill had already essentially stated same.

    Your need to use IMO as a descriptor is consistent with the "not to my knowledge" disclaimer every dealer uses. Thank God your omniscient insight saved us all from a diminished value suit.
    Be sure and let us know which tenets hold in general and which are thread specific. You know, which side of your mouth are you speaking- I don't want you misunderstanding.
     
  7. BigTex

    BigTex Seven Time F1 World Champ
    Owner Rossa Subscribed

    Dec 6, 2002
    79,374
    Houston, Texas
    Full Name:
    Bubba
    Paul Frame had to sell both his F40 AND his F50, and uncuff that damsel from the bedposts, as well.......

    So don't try to stretch THAT point to far.....Warren Buffett bought SEITEL........
     
  8. Napolis

    Napolis Three Time F1 World Champ
    Honorary Owner

    Oct 23, 2002
    32,118
    Full Name:
    Jim Glickenhaus
    #683 Napolis, Feb 17, 2009
    Last edited: Feb 17, 2009
    Wasn't some kind of chinchilla jacket involved in that as well?

    http://money.cnn.com/magazines/fsb/fsb_archive/2005/07/01/8265277/

    In retrospect, the board should have instituted better procedures for separating legitimate business expenses from shams such as the Ferrari "sponsorship." "Essentially, this was just a good-old-boy racing club for Frame," says SEC investigator Spencer Barasch. But the most damning finding involved a civil lawsuit brought in 2001 by Frame's ex-girlfriend Silvia Platt. Platt had worked as an exotic dancer at the Men's Club in Houston.(FSB was unable to locate Platt for comment.) After their romance ended, Platt sued Frame. Her complaint alleged that Frame pressured her into using illegal drugs, manipulated her into participating in kinky sex acts, punched her in the face, and broke into her house to steal back various gifts he had given her, including a chinchilla jacket and a Tiffany watch. The stress was so debilitating, according to the pleading, that Platt could not move on with her plans, which included completing college. She asked for $25 million in damages
     
  9. DennisForza

    DennisForza Formula 3

    May 23, 2006
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    Arlington, VA
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    Dennis
    Of course they won't confuse one for the other, but even Enzo would tell you that the F-40 is the ultimate evolution of the 308.
     
  10. Sfumato

    Sfumato F1 World Champ

    Nov 1, 2003
    10,194
    Llanfairpwllgwyngyll, Anglesey, Wales
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    Angus Podgorney
    #685 Sfumato, Feb 17, 2009
    Last edited by a moderator: Sep 7, 2017
    I lived in Houston then, knew Paul.
    Pwned. Had a hard time getting costume to fit, head didn't fit into costume very well :D
    1st suit over a donkey punch?
    Image Unavailable, Please Login
    Image Unavailable, Please Login
     
  11. 512bbnevada

    512bbnevada Formula Junior
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    Biff
    308>288 GTO>288 Evo>f40 =308 based car
     
  12. Napolis

    Napolis Three Time F1 World Champ
    Honorary Owner

    Oct 23, 2002
    32,118
    Full Name:
    Jim Glickenhaus
    Burp
     
  13. Sfumato

    Sfumato F1 World Champ

    Nov 1, 2003
    10,194
    Llanfairpwllgwyngyll, Anglesey, Wales
    Full Name:
    Angus Podgorney
    Estes rocket>Stinger>Atlas>Saturn V

    $25M. About 5-7 years of Men's Club tips? Transcript per friend is pretty amusing.
     
  14. joe sackey

    joe sackey Five Time F1 World Champ

    May 23, 2006
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    Not exactly. Each stage was a fresh design from chassis up...
     
  15. SSNISTR

    SSNISTR F1 Veteran

    Feb 13, 2004
    8,046
    SFL
    LOL! He is a lost cause.
     
  16. 512bbnevada

    512bbnevada Formula Junior
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    #691 512bbnevada, Feb 17, 2009
    Last edited: Feb 17, 2009
    Ha ha mention the 308 lineage to a ferrari its like someone admitting a relative is in prison, best kept quiet and in denial. The f40 has a reinforced 308 block and many other 308 parts, but I guess if I paid 700k for a ferrari I wouldn't want 308 mentioned at all as well. No hard feelings this thread has been fun
     
  17. sir-t

    sir-t Karting

    Sep 24, 2006
    175
    D/A/CH
    It's even worse: we all spent tons of $ on some tuned FIAT's whit a horse badge ... S***!!!
     
  18. joe sackey

    joe sackey Five Time F1 World Champ

    May 23, 2006
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    Joe Sackey
    Well my neighbor thinks its a 308...
     
  19. 512bbnevada

    512bbnevada Formula Junior
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    Biff
    Too funny, better school him. I get that occasionally with my BB I guess laymen think any older ferrari is a 308 Magnum wrecked it for all of us
     
  20. tx246

    tx246 F1 Veteran
    Owner Rossa Subscribed

    Nov 4, 2003
    6,660
    Texas
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    Shawn
    that is the kindest way of describing the situation i have heard.

    living here in houston, if it was a chinchilla coat, i wouldn't be surprised. unfortunately, it wasn't....
     
  21. joe sackey

    joe sackey Five Time F1 World Champ

    May 23, 2006
    57,525
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    Joe Sackey
    Well one of the appealing aspects of the GTO's design is its subtle disposition so if he wants to think its a 308, I say why spoil it for him?
     
  22. judge4re

    judge4re F1 World Champ

    Apr 26, 2003
    13,477
    Never home
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    Dr. Dumb Ass
    Tony the Tiger, what?
     
  23. Etcetera

    Etcetera Two Time F1 World Champ
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    Dec 7, 2003
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    C6H14O5
    One of my elementary school teachers always referred to me as "that tongue-in cheeky lad."
     
  24. willcrook

    willcrook F1 Rookie
    Silver Subscribed

    Feb 3, 2009
    2,692
    UK
    I'd be telling a lie if I said I understood what that means in relevence to this thread/my comments,

    Though I always welcome the weird ;)
     
  25. Etcetera

    Etcetera Two Time F1 World Champ
    Silver Subscribed

    Dec 7, 2003
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    Full Name:
    C6H14O5
    You congratulated me on owning a delivery miles F-40.

    Not wanting to go in depth here...no point, but my post was made in complete unfettered jest.

    This is where I poke warm fun at gorillas wearing aviator shades whilst having their picture taken for self said self-promotion.

    ;)
     

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