Definitely does. Any literature on the service/maintenance records? I would hope that they affected the price as well.
As an F50 owner this is obviously good news. I bought mine for 375 sterling about 2y ago. Now this car is over double that, in two years? Mine has done more miles, standing at 4k now. However, someone offered me 500k for it the other day which was a good price. Lots of dealers I spoke to said bite his arm off! I didn't sell, luckily. Do I think mine is now worth several hundred thousand (or a couple) more? No. Will it help prices, inevitably. What really saddens me though is this obsession with low mileage. Why? Just use it and restore it one day, probably 20y in the future. Some of the most important and valuable cars I the world are race cars, that have been used and raced. Yet these roads cars are more desirable for having not been used. It is such a shame. Real enthusiasts drive their cars, in my opinion. Not only that, thy drive them properly. These cars are race horses, cars with pedigree. They deserve to be set free and unleashed on the world. Let other people see them and hear them. That is my motto. This kind of purchase is pure speculation. A lot of the premium is in the mileage, so that's another car confined to a garage somewhere. Such a pity. Sorry but I really hope these speculators get their fingers burned. The difference between them and us is, if the market crashes then we are stuck with our cars - which we love. So who cares? Having said all this, there are lots of reasons why people should pay big numbers. We all know the facts, 349 made and last manual v12 F car etc. For instance it makes no sense to me that the Enzo is more expensive (despite its original sticker price) than the 288 and F50. But that won't last if you ask me. Perhaps the tide is turning.
Well said But to each their own; sometimes people just buy things because they can. I can understand both sides of the argument, although I agree with your point of view more.
So now I'm left wondering what the (or one of the, depending on who you ask) #99999 F50 that currently has <1k miles would go for?
To put the F50 sale at Gooding into perspective, the third bidder bowed out at 900K and rest of the house watched the two remaining duke it out from there. The Enzo only went for 100K more than the F50.
I agree. I have looked at a lot of F40's in the last couple of years, from 2k on the odo to 15k. Mine has 25k on the odo and is the best performing and most reliable of the lot and, surprise, it's also the best looking cosmetically. I truly maintain it and care for it with something bordering on OCD. The cars that sit don't get that. The miles really don't hurt it. When it's time for the major, you just go through everything and do what's necessary but you don't have to worry about various leaks and things crapping out from disuse. But I bought it to drive it, not as a speculation. That would be a waste with this car.
I bought my F50 earlier this year because I love them but also as a financial decision. If I can afford to hang onto it for the rest of my days then that is great but if I need the money back then I can sell it and make a bit of money on it. The F50 was looking unloved and unappreciated between the F40 and the Enzo, the fact that the same money bought you a good F40 or a good F50 seemed crazy to me given how special the F50 is in terms of design and how good it is to drive. To me, this rise for the F50 was always coming when you look at the production numbers, the technology, the engine, the carbon tub, the manual box etc Maybe I would do better on property but I wanted to own an F50! As stated though, I hate the concept of cars that never get driven, the F50 is a race car on the road and should be used as such... The generation that loved the car as teens and young adults are now starting to be able to afford them and they were always going to rise although this auction result is an anomoly and does not mean a 700 mile car will normally sell for this price. What is does do though is pull the F50 market along with it, generating interest in the model, this is also shown by the Octane magazine cover story, the first since they were new. This massive rise of classic and sports cars over the last decade is not, in my opinion, a bubble of any kind. Sure other factors make them more attractive than other investments at the moment but these cars are seriously rare when viewed in global terms and are the heritage for one of the most desirable brands in the world. There are more new customers pouring into Maranello every day from new markets and they will ultimately want to buy the heritage and 'back catalogue'. Like the best art the best cars will always be on the rise.
Bet it did more miles than yours last year! And it gets driven properly rather mincing around in it like you do...
By 'driving it properly' you mean those ragged edge trips where you drive it from the garage to the back of the transporter?
I always was fascinated by the fact that the braking system is non-servo assisted. and relatively simple with just one master cylinder and 2 lines.(emergency brake with cables!) How is it behaving on the track? If it is good then whats the secret, size of braking rotors and calipers, overall fluid capacity?
Looks what's up for sale again. Ferrari : F50 F50 in Ferrari | eBay Motors Makes the most miles F50 seem like a steal of a deal.
Please note the most important comment in his long & rambling description: "I DON'T DEAL WITH E BAY LOSERS, AND CLOWNS ON FERRARI CHAT" You have been warned. Act accordingly.
Once in a lifetime opportunity for what? To own the most storied Ferrari F50 in existence repaired under rather questionable circumstances? Surely the privilege of doing so should be worth significantly less - even his starting bid seems over the top, but what do I know. I am just a FerrariChat Clown. >8^) ER
What do you guys think about this F50? https://picasaweb.google.com/112419539661120552744/1995FerrariF503200Miles?authuser=0&authkey=Gv1sRgCNDLrpzp28Pa2gE&feat=directlink 3,188 Miles VIN - ZFFTG46A9S0103907 Any stories to share? Any help is appreciated
Looks very nice, I just sold one like it for $1.150 million, and if you are a genuine buyer I have another I can discreetly offer at a competitive price. Contact me offline on my e-mail address below.
How can he not know that anyone that reads that is going to come here to see what all the drama is about...
