F40 for sale in San Francisco

1990 Ferrari F40 for Sale

I wish I had the spare cash. Looks gorgeous.

 

I saw that too. Here's to hoping my Powerball ticket comes through.

 

What a beauty. Good price too.

 

I don't see the price -am I blind?

 

How much today? its been for sale since at least April 2015 when advertised at $1.4m

 

No sold at Keno Brothers Auction in NY earlier this year.
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Modified f40a are a tough sell if u ask me

 

your point is validated by the fact it didn;t sell during the auction but presumably after the sale was completed.

 

The listing says 'original factory wheels'?

 

there are modifications and MODIFICATIONS.

i think most people who actually drive their f40's have done one or more of the following:
- bigger brake package
- tubi exhaust
- newer turbos
- lowered
- different wheels
- better aircon

some or all of these are acceptable to me, and i do not consider them really modifications. they are enhancements.

the guys who do more than that are heading into the realm of real modifications and they will detract from the overall package.

 

Like the black UK car that sold in two days ?

 

no like this one that hasn't sold in a year

 

Excellent point.

 

And easily reversible when hoping to achieve best price at resale.

 

I believe FOA has a 7,000 mile car that is supposedly very nice. I was told by someone who visited $1.7MM but not verified.


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Gentlemen,

If I may humbly interject for a brief moment in the discussion, and then only because I specialize in F40s, amongst other motorcars.

A couple of observations that you can count on in the present market:

A nice no-stories F40 is typically a million-dollar-or-more car, in some cases much more.

Now that F40s have risen to be million-dollar-or-more cars, folks who are interested in & can afford million-dollar-or-more cars, generally, do not want them modified.

As such, a modified F40 in the present market is, generally, a hard-sell, and will be passed over or will bring less, than a comparable mileage F40, which has never been modified.

Also, there is the connotation that any modified car conveys to the discriminating or thoughtful buyer. I hardly need expand on this, but the fact remains that many people reading this know they have used this alone as a guideline for interest in pursuing a car, or passing on it.

Some additional thoughts to consider in the present market are:

Most F40s that exist in a modified state, have done so for quite some time, and were modified when the cars were worth much less, in many cases, half today's value, or even yet less still.

Most owners of a modified F40 who are looking to sell, do not bother to reverse the modifications to standard specification in search of a higher sales number. However, strangely, they expect a higher sales number. The public tends to pass on such cars in favor of similar cars that exist in unmodified specification. That much is, generally, indisputable.

Interesting too is the oft-espoused notion that modifications are "easily reversible". This is simply not the case. If they were so easily reversible, the aforementioned modified cars for sale would all be "easily" reversed prior to resale. When F40s are modified, it often involves some engineering, replacement hardware, component modifications, mechanical adjustments and so forth, all of which are time-consuming & not inexpensive.

That said, whilst we can all appreciate and extoll the virtues of certain modifications, there is no need to reverse said modifications if the car is not for sale. My comments are restricted to modified F40s which are for sale and the way the market reacts to them.

Please carry on with the discussion, and forgive my intrusion, I hope some of my comments have been helpful.

 

that's what I meant to say!

 

Many out there believe the dealers 0-60 in 3.0 sec?

 

Though in a sales facilitation scenario, with a several hundred thousand dollar price delta between stock and modified, do you suggest to the owner who ordinarily wouldn't bother, that reinstalling the original pieces (the bolt-on type of modifications that Ross referenced) and re-tuning as needed, might make for better math? Though could perhaps sell in modded configuration and make up the delta selling off the original pieces in a marketplace where the demand for them is on the rise ...?

 

Could be? Might wanna see how close it could hang w/a Model S to confirm, though.

 

Yes.

Especially when the alternative is a no-sale.

If a client of mine asked me to market a modded F40, I'd take the necessary time to convince them that the higher up you go, the thinner the air becomes, and thus, when you are talking about a million-dollar-car, buyers are very particular, as they should be!

One other thing about the market I'd like to share is - its never a good thing when a car lingers on the market, all this does is diminish it's desirability, and in this case, perception becomes reality. This translates into math that's not-so-good. When a car lingers on the market, the basic question that's begged within the community of prospective buyers becomes: why isn't it selling?

The perception then becomes that it is either overpriced, or something is wrong with it, or a combination thereof. In many cases, this perception is also reality. The car then proceeds to gain the immortal 'girl-that-can't-get-a-date' stigma.

My recommendation to anyone selling an F40 would be to portray it in its absolute best light, and these days, now that they are no longer $500k cars, that means as Enzo created it.

 

Exactly.

 

It seems to me that a lot of parts on this car were changed. Wheels, steering wheel, exhaust, ECU, turbos, headliner, visors, seats, and seat belts. But all of the original parts are included.

Is this what they mean when they say extensive modifications?

If all the originals are included, I can't understand why it's such an issue.

The car has fairly low miles and is supposedly well documented.

I don't, but if I did have the dough I would certainly consider buying this car.

Am I nutz?

 

Excellent points by Mr. Sackey.

Rob, I would refer you to the posts above that say if the car was easy to put back to factory, it would likely have been done.

 

I understand that adding a radar detector or changing the original spec. (ie. whether aftermarket wheels or the shield colors) is a modification, but when does that "enhancement" become a modification ? Are all enhancements the same ? For example, many cars have some level of 3M/plastic guarding on them to protect the original paint. Should the sellers remove the 3M/plastic guarding before marketing their cars ?