F40 sale prices | Page 4 | FerrariChat

F40 sale prices

Discussion in '288GTO/F40/F50/Enzo/LaFerrari/F80' started by TimTifosa, Aug 5, 2014.

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  1. roma1280

    roma1280 F1 Rookie
    Rossa Subscribed

    May 2, 2010
    4,836
    Palm Beach, Roma
    I posted the f50 sale at $1.56m in this thread for about a minute before I realized my mistake and then deleted it. You must have seen that - my fault - sorry for any confusion.
     
  2. joe sackey

    joe sackey Five Time F1 World Champ

    May 23, 2006
    57,525
    Southern California
    Full Name:
    Joe Sackey
    When cars that are generally considered by those in the know not to be good cars bring amazing results, its troubling.
     
  3. ross

    ross Three Time F1 World Champ
    Owner Silver Subscribed

    Mar 25, 2002
    38,100
    houston/geneva
    Full Name:
    Ross
    agreed. but is it because there are not enough good cars to choose from, or is it because the buyers are ill informed? i find it strange for people who have enough money to buy this type of car, do not spend the time and effort to research the target car. what am i missing?
     
  4. PAUL500

    PAUL500 F1 Rookie

    Jun 23, 2013
    3,136
    Was it a genuine sale, or bid to the wall to try and get it to reserve, great GBP£ price if it did in fact sell
     
  5. joe sackey

    joe sackey Five Time F1 World Champ

    May 23, 2006
    57,525
    Southern California
    Full Name:
    Joe Sackey
    There is new money that is convinced that the skies are always blue.
     
  6. roma1280

    roma1280 F1 Rookie
    Rossa Subscribed

    May 2, 2010
    4,836
    Palm Beach, Roma
    HOLD ON isn't it?? No one told me that ...
     
  7. F40-R

    F40-R Formula 3

    Jun 22, 2014
    1,221
    As always, everything is repairable and for an amount of $$ that F40 sold can be brought up to better standards. It will cost time and money but it is possible.

    There's talks of 2 in the UK that are with dealers ATM asking for 875K GBP, half the kms and in a better condition.
     
  8. joe sackey

    joe sackey Five Time F1 World Champ

    May 23, 2006
    57,525
    Southern California
    Full Name:
    Joe Sackey
    True, but as Ross points out, you wonder why they didn't wait for a better car, or better still, you wonder why they didn't speak to those in the know, and if they did, you wonder why they paid little heed. As someone who is at the forefront in terms of dealing with these cars (privately), I get the sense that there is *some* money that is in too much of a hurry. That doesn't bode well. That said, its nice to see the cars bringing strong values.
     
  9. TimTifosa

    TimTifosa Karting

    Mar 21, 2007
    201
    I would suggest that an F40 is so collectable now, that any modifications from standard,
    greatly reduces a car's value. I have seen a number of cars advertised as modified to LM specs, when really they are non genuine modified standard F40's. Some could even be crashed F40's repaired with non standard parts. Genuine LM cars come in a few variants,
    and some are totally different from a standard F40 . True LM's were produced in small numbers, and have a racing history.
     
  10. Maxige

    Maxige Karting

    Jun 5, 2005
    190
    London/Milan
    Full Name:
    Max
    The ex Violati 1991 Non Cat/Non Adj car with "lightweight" spec sold for 634k gbp including buyer's premium last weekend...I wasn't at the auction but reading between the lines on the description looks like the mileage is uncertain and the car is probably in need of a recommissioning

    Bonhams : 1991 Ferrari F40 Berlinetta Chassis no. ZFFGJ34B000089460
     
  11. F40-R

    F40-R Formula 3

    Jun 22, 2014
    1,221
    Yes, to both your points. It wasn't the best example, yet again...
     
  12. TimTifosa

    TimTifosa Karting

    Mar 21, 2007
    201
    For those who may be interested, I know of a Eurospec
    F40 for sale in Australia for about USD 1 mil. Shipping
    in a sealed container to USA or Europe costs about $5,000
    from the last time I did it, and is easy.

    This car is unmodified, Ferrari Classiche Certified, 1991-2,
    low kilometers just over 8000kms. Excellent presentation
    inside and out.

    If anyone is interested, send me a private message
    preferably with a private email address, and I will
    organize direct correspondence with the owner.
    Just genuine purchasers please.
     
  13. Lottacars

    Lottacars Rookie

    Nov 29, 2007
    14
    Hinsdale, Illinois
    Full Name:
    Gary Kachadurian
    Does anyone know about the F40 listed by Kidston.com?
     
  14. TomKim

    TomKim Rookie

    Mar 1, 2013
    12
    Moscow/London
    I was amazed to see such a low price for an F40 considering its previous owner history and unique interior feature.. So should I think mileage is still a major factor then? Joe, your opinion would be greatly appreciated, thanks!
     
  15. joe sackey

    joe sackey Five Time F1 World Champ

    May 23, 2006
    57,525
    Southern California
    Full Name:
    Joe Sackey
    Well I think $1,017,036 US for this Eu/ROW F40 was quite good.
     
  16. thepinkumbrella

    thepinkumbrella F1 Veteran

    Feb 26, 2006
    6,065
    United Kingdom
    The Violati car needs a bit of work.
    A pal of mine just turned down £800,000 from an authorised dealer here in the UK for his 1,300 km example.

    Paul
     
  17. ross

    ross Three Time F1 World Champ
    Owner Silver Subscribed

    Mar 25, 2002
    38,100
    houston/geneva
    Full Name:
    Ross
  18. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    19,266
    joe any recent transactions?
    sounds like theres been some interesting activity in and around gotham!
     
  19. joe sackey

    joe sackey Five Time F1 World Champ

    May 23, 2006
    57,525
    Southern California
    Full Name:
    Joe Sackey
    Interesting activity? Please share.
     
  20. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    19,266
    heard a local dealer sold one for 1.8+
     
  21. amenasce

    amenasce Three Time F1 World Champ
    Silver Subscribed

    Oct 17, 2001
    34,520
    Full Name:
    Joe Mansion
    Miller?
     
  22. F40-R

    F40-R Formula 3

    Jun 22, 2014
    1,221
    Excellent news, heard of another selling in Germany for €1.2 mill
     
  23. joe sackey

    joe sackey Five Time F1 World Champ

    May 23, 2006
    57,525
    Southern California
    Full Name:
    Joe Sackey
    I once received a call from a gentleman who proceeded to tell me that he had heard I had sold an F40 for a record sum. I asked what the number was that he had heard. It turned out that I had in fact sold the F40 for @ $400k less than he had heard.

    Do you have a chassis number for us, to support this claim?
     
  24. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    19,266
    nope I don't - it's december - maybe just a good old fashion dose of story telling!
     
  25. joe sackey

    joe sackey Five Time F1 World Champ

    May 23, 2006
    57,525
    Southern California
    Full Name:
    Joe Sackey
    I think so. Pay no attention, recent sales http://joesackey.com/?page_id=33 are nowhere close to that, much as F40 owners will obviously want them to be
     

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