Ferrari F40 market analysis

That seems below the current market, don’t know the details of that car.

 

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What a wonderful looking European Spec car. Well deserved.

 

We expected a good result here, I was able to spend quite a bit of time with 84116 per the images I posted a few weeks ago, and mileage aside, I'd say this is one of the nicest original Eu F40s I have seen.

 

The market is sending a clear message to the owners: don’t drive your cars. Pretty sad.

 

""You never actually own a Patek Philippe. You merely look after it for the next generation."

 

all depends on what your plan is.
god willing, i will never sell my cars and their fate will be in the hands of my kids....which means i can do with them what i like while i am alive

reminds me of the guy with the other F40 next to mine at one of the last shows, when i asked him whether he drove his or not....his answer was that he never drove it, and it had been trucked to the event and would be trucked back to storage thereafter, because, as he told me, every mile added diminishes the value.....my response to him was that strangely enough, i had bought my car 12 years ago, had driven it through 7 countries for 10k km, and it had risen in price 5x.....

 

I have never stopped myself from driving a car before of miles!

 

I heard chatter of some irregular paintwork on 84116, which would seem odd considering the low mileage - did you notice anything that stood out with the paintwork while you were with the car?

 

Chatter from who specifically, and did they personally have the car inspected?

I agree with the low mileage it should be pristine, but 32 plus years can bring a few scrapes & blemishes that have been section repaired, I've seen that on low mileage F40s, then again, some people don't know how to tell that what they are looking at is really crappy factory application of original single-stage paint, which 84116 has. When I inspected that car, I saw original thin paint with much weave evident, and I don't recall any alarm bells ringing for me. Images below of when I inspected it side-by-side with another client's Eu F40 with much more mileage, I always thought 84116 was an exceptional example, and I guess the results last night supported that view.

Well-said, values remain strong.

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Sorry to be a "Johnny come lately" to this thread. But could not find the information I was looking for in any of the posts.

Does the price graph include buyer's premium?

 

Thanks Andrew. Somehow missed that in the posts. I enjoyed reading the F40 section of your web site, Drew

 

https://www.cnbc.com/2023/08/22/ferrari-ceo-benedetto-new-buyers-under-40.html

 

Welcome Drew!

 

Anyone have a gauge on how many non USA cars are in the US now? 50? 300?

 

I think more than 50 but less than 100.

 

Thanks for the data analysis. Are you reporting in US$ at time of auction or adjusting for inflation to give a relative valuation assessment?

 

Let us know when that is completed.

 

thank you for posting Joe, so $2.5m for a 3,400 mile US car how does that stack up and how has the value changed in the last year?

 

I'll let Andrew respond in detail based on his accumulated data.