Gotta love 37k miles in 28 years being "high mileage" lol. For Euro cars, it's quite low mileage actually. 60k kilometer, 2.7 no airbag cars are 150k EUR at a minimum. Importation cost/time/effort are obviously non-zero costs. I was definitely the guinea pig for Euro 2.7 GTS, as there hasn't been a sale in quite some time.
So here are the gated GTS sales from BAT from 2020 on. The 33k mile car, silver/black, with 2 yr old major, sold 6/1/21 for $150,500, TMU. This red/black with 37k miles, and a fresh major get high bid of 167,000. Image Unavailable, Please Login
@johnk... still think euro 355's are gonna flood the market? For whatever it's worth, If weren't living in CA, I'd have no problem with a euro 355. As a matter of fact, I prefer it. I'd buy to keep so valuations might not matter.
https://bringatrailer.com/listing/1989-ferrari-f40-3/ @ttforcefed What do you think this euro F40 hammers? It's a beautiful example.
I just think it speaks to the overall collectability of the car. I don't think country of origin should matter that much if they are $250k or $300k cars. Obviously that is not the case. Like here. I don't think it makes a difference if it's a Euro F40? 200 US cars, 1300 non US. Does it make a difference? It's an F40! The one for sale is a Euro in CA with NY tittle. $3M
Perhaps "collectability" needs to be better defined, but overall, I am pretty content with price results over the last year. Will they be a million bucks anytime soon? Probably not. I still strongly feel it is best sub $200k MSRP sports car from the 90's. Whether that is considered collectible to others or not, I guess time will tell. I know I'm keeping mine forever, so it's definitely collectible to me.
Here's an ad from 2000. No Berlinettas or GTS'. *Look at F40 price. Choose your purchases wisely . Image Unavailable, Please Login
"The car cannot pass a California emissions test and therefore cannot be sold to an in-state private party buyer." Cannot past CA emissions or is that simply a nice way of saying it cannot be registered in CA?
We went over the Montana thingy. Not exactly full proof and possibly a crack down in the near future. Cops would probably look the other way for an F40 though. If one had dealer plates/license he can get away with driving it around, but that license has a cost to maintain as well.
Some how I don't think there would be a problem if you could afford $2M+ for the car. You know, just take it out on track days at Laguna Seca.
I'm not an expert on the euro car U.S registration thingy. I'm sure there are loopholes, I just don't know them. It's still muddy to me from my research. But one would think if CA registration eligibility was that easy and all it takes is some money, then a CA dealer selling an F40 would get it done as opposed to selling a car with a warning completely cutting off bidders in the CA market. CA car market is pretty big and serious.
Can't be sold to an in state private party but how about ShineKen Racing, LLC. Anyway, I doubt the seller is worried about finding a home for the car. Big as CA may be, I think it's not that big compared to the rest of the world.
I'd still have to register it. If used for off road purposes only, then sure. But if you want to insure the car, you'll need to register it. Let's just say, I don't think a CA buyer will be considering this car unless he has multiple properties in different states etc and can probably swing an AZ plate or something.
Exactly. Montana LLC and be done with it. If you have the scratch for an F40, you can buy a little cabin in MT and make it even more legitimate. Dealer is required to post that by CA law. I've sold multiple cars into California that were Montana LLC registered. It is what it is until CA starts to be more realistic about collector cars. Which will happen precisely never.
The car started it´s life in USA 1996. It was then driven 35tmls until 2009, when it had an impact on the right side. The car was imported 2010 to Finland and the right side was repaired and the car re-painted in Ferrari F1 red. A major engine out service has just been carried out and the car is ready to be enjoyed. 58 000km ~ 36 000 miles 79500€ https://www.classiccollection.fi/ferrari-f355-berlinetta-1995 Standard disclaimer: I am not associated with the seller in form or fashion and I haven't seen the car in real life. Just given the borderline absurd valuation of f355 in US market, I wanted give a pointer should anyone be interested. As an original US car this should be rather simple re-import project.
Yes they are absurdly low here. ^ Appears a bit wonky, don't think I would be happy with those crash repairs and makes me wonder how the structure is underneath.
