Last F512M to be auctioned (No reserve) in September | FerrariChat

Last F512M to be auctioned (No reserve) in September

Discussion in 'Boxers/TR/M' started by sixcarbs, Jul 27, 2019.

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  1. sixcarbs

    sixcarbs F1 Veteran
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  2. Themaven

    Themaven F1 Rookie

    Nov 2, 2014
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    On sale in Switzerland, French import sticker, TR wheels, front and rear side repeaters, what is the story with this car? Is it a US car (then better sold in the States?), was it federalised, or do they do side repeaters in Switzerland too? The interior looks as if it has had a long life.
     
  3. sixcarbs

    sixcarbs F1 Veteran
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    The B in the VIN indicates "LHD, Europe." Although I did read somewhere that it may have been in the US at some time.
     
  4. Carper

    Carper Karting

    Aug 13, 2017
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    Suffolk, UK
    What type of owner(s) would allow their dash leather to get THAT bad ?
     
  5. JackCongo

    JackCongo Formula Junior
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    I heard that TR wheels were a factory option for the 512M, do you confirm ?
     
  6. sixcarbs

    sixcarbs F1 Veteran
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    According to this site that is true.


    http://www.red-headed.com/f512m_versions.html

    Wheels


    Old 512 TR style wheels could be choosen as an option.
     
  7. JackCongo

    JackCongo Formula Junior
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  8. Bradwilliams

    Bradwilliams F1 Veteran
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    What happened to all of those $650,000 512Ms? :)
     
  9. turbo-joe

    turbo-joe F1 Veteran

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    sold :) :) :)
     
  10. Themaven

    Themaven F1 Rookie

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    It’s true that the TR wheels were an option for the M, also according to the M catalogue.

    If this is a Euro car, originally supplied to France by Charles Pozzi, it has definitely been Federalised with its side repeaters. As Ms are worth so much more in the US, that then begs the question of why it’s being sold in Europe and not shipped back to the US, assuming it has already gone through federalisation. Something that comes up with a lot of ex US cars in Europe is bad carfax, the car can’t sell well in the US so it’s shipped here where many buyers don’t know about carfax, I have also seen salvage title US cars being sold in Europe as clean ex US cars. But this is the first time I have seen an ex US M (albeit not one of the plated 75 US cars) being sold in Europe.

    Not saying this is the case with this one, it may just be an M needing some TLC, but this is a car with a story to tell, and it’s not just the one about the tired interior.
     
  11. ross

    ross Three Time F1 World Champ
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    my guess is that it was a euro car that was imported to the usa, and then came back.
    probably is/was owned by a guy who did not take care of it, so there is some evidence of abuse.

    btw, a car that has been federalized no longer needs to have that process repeated if somebody wants to import it into the usa again.
    however, the duty paid the first time, only permits duty free entry if it is returned to the usa within 3 years of its last departure.
    so, if this car has been back in europe for longer than 3 years, it will have to pay duty again to go to the usa.
    personally i dont think it will go back to the usa. it will simply be sold in europe and considered a bit of a bargain.
     
  12. Themaven

    Themaven F1 Rookie

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    It would be interesting to know what Carfax has to say about this car. If I were considering bidding, I'd definitely want to know. Does Carfax dig up records on cars that are no longer in the US?
     
  13. Themaven

    Themaven F1 Rookie

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    Anyone planning to import into the EU will need to pay VAT in the country of destination.
     
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  14. ross

    ross Three Time F1 World Champ
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    sure. except the VIN indicates it is already, and was originally a EURO car.
     
  15. Themaven

    Themaven F1 Rookie

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    Agreed, but VAT to EU may still apply if it is purchased now in Switzerland..
     
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  16. MOSS

    MOSS Formula 3

    Apr 28, 2004
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    Looks like those cars are really dipping in price. I really like them.
     
  17. turbo-joe

    turbo-joe F1 Veteran

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    may be for switzerland - not for germany - own experience, but more than 20 years ago when we had here still the german mark and not the cheap euro :(
     
  18. ross

    ross Three Time F1 World Champ
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    yes, vat or duty will be due wherever it has not yet been paid.
     
  19. Themaven

    Themaven F1 Rookie

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    VAT and duty, I believe..
     

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