F40 on fast and loud

Thank the Lord.

 

Thanks. So according to this, on a successful reserve auction with an on-site buyer BJ gets both a buyers premium of 10% and a sellers commission of 10% for a total of 20% of the hammer price on the sale of a car. I've always assumed that the auction company's main revenue was the buyers premium and that the seller received roughly the hammer price minus minor fees -- and I thought that was lot, especially compared to commission rates other high dollar assets like stocks or real estate. Sounds like a great business to be in...

 

On very important autos, the kind that will draw people and their money to the auctions, I have been told the seller's commission can be negotiable as the auction house will obviously need cars like this and will make additional money on ticket sales and catalog sales because of them. Don't think this F40 qualifies per se, but you never know.

Anyway, the world's largest tent probably isn't cheap.

>8^)
ER

 

I would be very interested to see what needs to be done to the car and where short cuts/improvisational were made for the "Rebuild" of this car.

 

I am not knocking any of those guys, I simply meant it would be interesting to see how this car would survive a thorough inspection. The car was heavily damaged and not having access to certain OEM replacement parts, they had to be creative. I am not aware of anyone explaining the compromises made and how they would effect the cars ability to perform like an F40 did when delivered from the factory. If I missed that part, I may be mistaken.

 

It was one when a bunch of stuff was going on, I don't remember that being clearly talked about and explained. I will search and watch again so I can comment appropriately.

 

A great resource for this Ferrari (or any other similarly disposed) would be Ferrari Classiche as Ive mentioned before, and I would not discount the possibility that it will go there and be returned to its former guise, then redelivered as a "new" car. Several F40s have been given new life by their maker in this way.

http://www.classicdriver.com/en/article/focus-heritage-ferrari-classiche

Ferrari Classiche Restoration Facility - Photo Gallery
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Well, someone inside that Classiche facility has been a huge, huge asset to me. I love Classiche.

 

##NOTE ##

Just to be clear, the car showed up on our doorstep , with minimal advance notice,
was dissasembled and removed from the department within days of its arrival. The film crew did shoot a few scenes and parting shots in the parking lot, which made it into the TV show.

Boardwalk Ferrari did not have anything to do with the repair or recreation of this car.

Nor did Ferrari FNA/SpA to the best of my knowledge.

S

 

4 years ago this car wld have gotten 250k, maybe.
I paid 425K for my 3500 mile mint f40 then.

 

And how many miles does it have on it now?

 

$675 seems like way too much for that car.

but if we take that as a serious number, then mint f40's over a million make sense.

 

my car has 3800...

 

75 miles per year then - how do you resist the temptation!?

>8^)
ER

 

3 young kids who all play sports, full time job, father, son, grandson, great grandson, 20 cars, 4 houses, other investments....that's pretty much it, lol

 

it is the one car that driving it feels like sin...im not worthy...its divine, far greater than me...I really do feel like im just holding it for my kids and their kids, as patek says

 

Well okay then. Sounds like you are having plenty of fun.

I'd be a sinner whenever no one was looking.

>8^)
ER

 

im blessed with that temptation!
i know it sounds crazy but im able to enjoy the cars with friends and family just by admiring them...and once a year we take them all out...its fun...

 

Well, I know you're not alone but I couldn't do that. I put 300 miles on mine the first weekend I had it. Not that it's a contest or anything. It's interesting that the F40 is the one car that attracts all types of owners.

 

haha I put 20k km on mine the first year I had it, and my Patek is battle worn..
But each to their own I suppose

Personally I wanted to have the memories, smells, stories and experience of owning an F40.. That I have in spades now

 

20 cars?????? WTF!

Challenge! Can you even list them all?? And on the top of your head, no peaking in papers