F40 sale prices

I am not allowed to share more details but I believe the numbers. You are certainly free to dispute them and no one will question that you are an expert in the market.

My personal belief is the F40 will follow where the 288 goes but at a bit of a distance so I expect values for desirable F40s to rise. Perhaps more gently than in the past.

I also would add with the world in turmoil and the Euro and Ruble in decline (esp the Ruble!) these cars seem to be holding up remarkable well. If there ever was something to burst a bubble, the economic problems of these nations would surely be a good catalyst.

 

I most certainly am.

The F40 world is very small, and I get consulted on many deals that I am not involved in. I'm happy to weigh in on market values just to be a useful, accurate & dispassionate resource, and often times I get future business simply because people remember I was willing to be helpful. F40 buyers are typically individuals who are successful in their chosen fields, and are astute buyers for the most part.

This begs the question: why would somebody who has easy access to realistic market values from the internet & the likes of myself step up and pay $200,000 or $300,000 over the odds?

It makes absolutely no sense, and I submit that these "stories" are propagated by people who have a vested interest in doing whatever they can to artificially cause prices to rise. Its a very unhealthy situation, and as a specialist, I cannot tell you how many times it has gotten back to me that CARS I SOLD MYSELF have been quoted by other owners as "Joe sold a certain F40 for xyz", with xyz being a number exaggerated by 200,000 or 300,000!! Perhaps I can be forgiven for my healthy skepticism as I assure you it is well-deserved.

Not only do I not believe the "1.75", I do not believe the previous poster's claim of "1.52" either. As Ive said, I think its only fair that if a claim is being made here, it should be backed up with specific data such as a chassis number, or even an indication of which car (eg: an identifying detail such as original owner's name etc) else it becomes yet another unsubstantiated lofty claim which has no bearing on the real market.

I don't want to come across as talking the market down either, I want to simply be a reliable and realistic resource. In summation, I simply want to let the numbers speak for themselves, without the rumor, stories and innuendo.

I am not a proponent of any bubble bursting, either. But I do think the 'froth' is being wiped away with buyers I encounter refusing to pay tall money, and the trend is slightly downward for the foreseeable future - that's an indisputable fact based on both auction numbers and numbers I see in the private sector. I think the GTO will be similarly affected.

That said, the cars are still more valuable than they were 2-5 years ago, so nobody has a right to complain IMHO.

 

I believe his 1.52 claim.

 

Respectfully, I'm happy to believe ANY lofty (some may say pie-in-the-sky) claim, when I see proof.

 

Basically market abuse via dissemination of information.

 

I believe the number too. Sadly, like you, I cannot disclose that information.

 

Well, hopefully it wasn't a 'Ferrari/auto fund' purchase..

 

Happens more than you'd think.

 

Why are Enzo's selling for so much in the US? Where there very limited numbers imported relative to the F50?

In Europe I'd say (using Mobile.de as a guide for example) the F50 and the Enzo are pretty much exactly parity in terms of pricing

 

joe you are broker. brokers are incentivized to do whatever it takes for the market to transact. when things are slow, you talk prices down. when things are hot, you cash the register until you cant. I haven no idea if its your intention or if u just cant help it but your tone is beyond pompous. Stop talking to/about me like im a child. My mother doesn't talk to me that way so over my dead body if ill allow you to.

The car went for 1.52. It sold in less than a day. Just because you knew nothing of it and weren't involved it doesn't mean it didn't happen. In the northeast your name carries a lot more negative connotation than it does positive.

Also, why shld we believe what you say are "the numbers"? You are the guy here making money off the transactions, not we lowly owners. Velocity is your best friend. You are the equivalent of a market manipulator. You don't think this board is full of morons who actually think you are righteous do you? Why don't you show us some proof of numbers? ask your clients if you can post wire amounts, cash movements from all their accounts for the past 20 days. Include total trades, items, cash etc. If our word is no good, neither is yours. and again, you are the ONLY guy making money off of the transactions. not us.

 

This is getting interesting! Let me first say that i have no horse in the game - I don't own an F40 so no reason to talk it up and as much as I like it I have other cars on my list ahead of it so the F40 dropping by 10-20% does nothing for me.

Rather that calling each other names won't it be better to look at public sales over the last 2-3 months and try to see if they support one view or the other? Is there a reason why public sales are biased or unreliable?

It's just a thought. Otherwise I'll get some popcorn, sit back and watch the fireworks...

 

ttforcefed doesn't play games! Some great points there.

 

that sounds good. eu F40 just went for 1.3m usd in the eu. I say that's strong given what I know about the current state of the EU. my friend sold his f40 in one day for 1.52M. fact. I think an ultra low mile US f40 in the usa wld go for 2m maybe more. how any of that construes I'm lying is beyond me. I own an f40 in the low 400ks and will die owning the car.

 

Everyone's entitled to an opinion, but as Ive already clarified earlier on this page: "I don't want to come across as talking the market down either, I want to simply be a reliable and realistic resource."

I feel sure that's the perception.

As regards the last 20 days (45 days in this case), I'm happy to share, I've sold 2 F40s, 93139 & 87400 for $1.2m and $1.35m respectively.

Hope that helps.

 

I don't believe you joe - pls post the wires from one account to the other.

 

and if those last 2 sales are real that actually supports my comment that the eu car going for 1.3m usd was healthy/strong - u pick the word

 

LOL.

Ive lived up to the standard I was requesting: Ive posted chassis numbers with the amounts. This way it could be substantiated offline with redacted names if necessary.

Another pint is, auction numbers (which are publicly posted and verifiable) do not support the high-numbers-claims being made, that's why some of us have a hard time believing the claims.

But, as Ive also clarified, I'd be happy to believe any claim made with some proof, and it can be substantiated offline for privacy reasons.

 

Agreed on that.

They're very real.

I'm just having a hard time with 1.52, but will believe it if proof is proffered offline.

As for the 1.75 claim, I simply don't believe it.

But there too, I'm happy to be proven wrong...

Surely, that's fair enough.

 

totally fine. I'm an owner who has been offered a lot of money for my car from buyers, brokers, and 2 ferrari dealers. I know exactly what those numbers are. I also know my car will never be sold.

btw, when you post sale prices do they include your commissions or exclude?

 

Included.

 

If you don't mind sharing, what is the mileage of 93139 and 87400?

 

Hi , I don't want to get into the middle of a big debate on prices, however I own a 959 and think a f40 would make a nice pair, Joe if you come across a great (only a great not just ok) f40 for 1.2-1.3 please send me a PM I would be interested tks much..

 

There are twice as many Enzos in the US than F50s. I think the prices for USA F50s are low. I believe they are undervalued. As for the prices for USA Enzos, I would guess that, in the past 6 months, most were sold in the 1.9 to 2.4m range. However, I believe there were some examples with low miles that were sold for higher, possibly more than 2.5m.

 

It would be my pleasure, and the range you mentioned is both realistic and where I'd want you to be.

I'm not saying it'll easy, but that's where I'd want to be.

 

I agree with this.