USA FERRARI F40

Ex-World Heavyweight Boxing Champion George Foreman F40 88251 today (GTO 56343 in the background).
Image Unavailable, Please Login

 

Joe I saw a beautiful F40 for sale today at Ferrari of Beverly Hills, 1200 mile example. Just stunning.

 

Indeed it belongs to my client who is only selling because he has two (2) F40s. I am jointly consulting with FBH to find it a new home. It is a very late-production 1992 example.

 

Would it be impolite to ask how much? Totally understand if they want to keep it quiet.

 

For a 1992 with 1,200 miles $1.5m is asked. However, anyone interested can contact me offline and a conversation can be had. I am consulting with one person currently, but its just a consideration at the moment.

 

Thank you for the info. Car looks great. Good luck with the sale, I doubt it will take long!

 

From February 2009:

1992 Ferrari F40 | Automobiles of Arizona 2009 | RM AUCTIONS
Image Unavailable, Please Login
Image Unavailable, Please Login

 

Its repair was by Ferrari themselves, and it exists having been certified as being 100-percent factory correct by Ferrari.

 

No affiliation, but, FYI the ex-Rod Stewart F40 is to be auctioned on Saturday by Auctions America in Burbank.

Auction America's catalog says:

"1990 Ferrari F40, Lot No. 3150, Estimate: $1,000,000 - $1,300,000

This 1990 Ferrari F40 is chassis number 86746 and was the 60th of the 213 U.S. specification F40s produced. 86746 is reported to have been formally owned by legendary rock star, and car enthusiast, Rod Stewart and was known among many in California as the “Rod Stewart Car” because of his ownership. From 1990 to 2008, this F40 was a California car and it has been well cared for by each of its owners from the time it was new.

Having less than 7,900 original miles, this F40 is an excellent condition. Certified Ferrari Master Technician John Heim, at San Francisco Motorsports, just recently completed its compressive major service and recommended belt service. The pattern of the carbon fiber weave is still visible though the paint job because this F40 still retains its original thin paint. The correct Speedline and Ferrari etchings are still on the wheels, the clear plastic engine cover presents very well, and the red fabric covering the carbon fiber bucket seats looks virtually new. Included in the sale is the factory F40 luggage set, all books and manuals, factory tool roll, tire inflator and car cover. This F40 is mechanically flawless and ready for countless more years of use and enjoyment."
Image Unavailable, Please Login
Image Unavailable, Please Login
Image Unavailable, Please Login
Image Unavailable, Please Login
Image Unavailable, Please Login
Image Unavailable, Please Login
Image Unavailable, Please Login
Image Unavailable, Please Login
Image Unavailable, Please Login
Image Unavailable, Please Login
Image Unavailable, Please Login

 

Lovely, he had a yellow Uk based one as well

 

How come? They havent gone up in the last 3 months? How is that possible?

 

Yes, one would think that its common-knowledge that desirable supercars have appreciated a little over the past four years! In all seriousness, that's just the ask, and the reality is that offers can be entertained.

 

the ask is too low

 

What I meant is that I'm surprised you are not asking more/market has stabilized for the past few months.

 

Agreed. But we might be biased.

 

I'd say its fair, all things considered.

 

FYI here in the UK a mint Euro spec example with 1.8K miles on the clock just sold for £ 760,000, or $ 1.27 million at current FX.

 

European cars are catching up really fast. You can't find one for less than $1m unless it has 40.000kms or more /history.

 

joe wld u say its fair because there is something slightly off with the car or are f40s finally becoming less mileage sensitive...I know (as obviously do you) a handful of f40s that traded right at 1.2 and 1.3 with 4k to 6k miles.

 

Sold for $900K hammer today.

 

I was surprised that it sold for 'cheap' considering where the market is ATM.

The a Dino didn't move a touch above $360k, that was also off the mark.

Let's see how RM and the others go.

 

Why so cheap?

 

Was it because this car was being auctioned too early and not by one of the big auction houses, like RM, etc.., at the upcoming Monterey auction?

 

Auctions America is actually a wholly owned subsidiary of RM Auctions.

 

im sure we all over analyze these transactions but ive come to look at the US f40 market in this way:
more than 7k miles - less than 1.1M
between 4 and 6k mile - 1.1 to 1.3
less than 4k miles - 1.3+

I shld have clarified my "the ask is too low" comment. What I mean was "if it was me I wldnt sell it for anything below 1.5"