F40 prices sinking fast? Asking below $499k and no takers

Sameer:

See Steve Hill's post # 3099 on page 155 of the 288 GTO thread. Steve is exceptionally well-connected with the Ferrari factory.

Here is what he says: "The Ferrari Factory told me to expect @ 15k miles (F40) and 20K miles (GTO) between rebuilds". Granted, this would be for cars driven flat-out European style! Although this will not apply to most cars which are fairly gently driven relative to their capabilities, it stands to reason to be thinking that an F40 with 35,000km will not go another 35,000km without needing a rebuild... that was my only point.

 

Thats not at all necessary for some cars which have been continuously and properly maintained. You've got to give credit to some owners. There are some great cars out there cared for by people who know how to care for them. Few & far between, but they are out there... those are the ones that cost a bit more.

 

This may be an obvious point, but engine rebuilds after 15k miles for a car (any car - not just an F40) that has spent most of its life on track is a pretty good return! Hence the point about knowing how a cars mileage was clocked up is absolutely key... Not just for an F40, but for any trackable car.

 

"... 2001, 26 Sept., new California title issued to Chun Lee."

Sorry, I couldn't resist..

... now carry on, gentlemen..
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Thanks for the link.

Wonder what is causing things to deteriorate so quickly? Is it excessive heat or boost pressure?

Do you think there is a time element as well and not just miles. Like for the major service is to be done within X years or XXXXX miles.

 

Yes, note GTO chassis number 58337 which is run exclusively as a race-car on the track from 1986 till today. It is just completing an engine rebuild. Total mileage: 12,000+ km

 

Owners don't tend to work on their own cars. They tend to take them to Dealers. Some cars are worked on by more than one dealer over its lifespan. Nobody can know/trust the skills/knowledge of all the hands that have touched it. No doubt there are exceptions. I just don't see why someone would drop a half a mil on something and not expect to pony up an extra 5% to protect it. F40s are at least 17 years old now and have a lot of moving parts.

 

Look Im sure there are F40s that have been enjoyed to 75,000 without a rebuild, with gentle use, warming up & cooling down the car correctly, meticulous maintenance, little/no track time etc

BUT the fact remains that if I sell you a 35,000km F40 where I haven't been in the passenger seat all its life to record HOW it has been operated, Id want you to consider that a rebuild COULD be coming up soon... when, I don't know, but keep driving and it'll become necessary.

Yes, time is a factor, and it works against us.

 

Yes good points, but still important to observe that you cant say that ANY Ferrari F40 needs $25k to $50k as you did. Thats not only overkill in many instances, its simply not correct for "ANY F40".

Yes its very reasonable that people should expect to have to spend 5% of the value of anything to protect it. When that becomes necessary, not before.

 

At 25K a major service yes, a "rebuild" no, they are two different things. A rebuild is refinishing heads, crankwork, milling etc. The F40 engine actually is very robust from what I have read.

 

True, if 15k is HARD track miles, that actaully is good. Many tracked cars need rebuilds much more often then that.

 

True - for example a Caterham R500 (k series) needs a rebuild after 3k miles. A radical needs a rebuild after 20 hours on track. By comparison, the F40 looks like a reliability legend!

 

Correct, and consider a few F40s I know that have comparably hard ROAD miles... in such a case 35,000 km could be 10 km or 15,000 km away from rebuild time.

 

The performance of an engine rebuild is a major undertaking. Therefore one should be in possession of the likely cost of such an adventure prior to contemplating the acquistion of an F40. Accordingly, does anyone know the likely expenditure involved within an F40 engine rebuild? I am guesstimating the amount to be circa eighty thousand dollars. Alternatively, does anyone know the cost of a replacement engine from Ferrari SpA?

 

Other than some unrestricted German Autobahns, there aren't many places left in Europe where you can still drive an F40 flat-out without risking jail...

Just to add some color to the thread, here are some pics of an F40 I saw in Monaco a week ago. If you love cars, the sole sight of an F40 gets your heart racing...
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There's a 7200 mile US 1992 recently serviced never tracked one for sale in this weeks FML asking 420K for those who may be interested

 

Bump for the discussions and speculation about $250K F40s.


(I found this thread searching for something else and was quite entertained. Recall and enjoy)

 

Oh man, this is just making me depressed!

 

IMHO the F40 is the most iconic sports car ever built.

 

wow that was fun reading - talk about cringe worthy and intellectual honesty!

 

LaFerrari officially quickest 1/4 mile production car in the world...


We tested the LaFerrari, and the numbers are ridiculous


https://en.wikipedia.org/wiki/List_of_fastest_production_cars_by_acceleration


Discuss....

 

Auto Trader

1992 Ferrari F40 -
$1,380,000

1992 Ferrari F40 for $1,380,000 in OTTAWA | autoTRADER.ca

 

I'm still waiting for F40s at 180k.....

 

Here you go, this 1:2 scale should be at that price point by now...
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....but I was told by certain folks, with a fair amount of certainty, that F40s' price would dip to 180K. I can assure you that was my understanding: Full scale, not 1/2 scale, F40s available for 180K....