what happens to the value of the car? is sending it to classiche the only way to go? wld sending it to a guy like hoyt be ok?
To the OP, I assume you are asking how much it would change the value if a pristine , well documented f40 was painted but NOTHING else changed about the car, so it was still the same pristine low mile well documented example and everything along w/ the paint process was documented ? And we are talking painted and documented by a well respected place like the factory or Bryan Hoyt perfect reflections ? Do I understand the question correctly ?
It will be worth nothing to anyone looking for a red F40. However if someone wants a blue F40 it will basically be a very exclusive marketable car. Years ago someone painted a 288 GTO silver because that is what the owner collected; silver cars. However once the car was sold the new owner had the GTO repainted red again. However some will argue if you take a car apart to paint it then that car never drives the same again. Probably a 20% hit on the value because once a repaint starts there are endless other little things that might as well be done when you have things apart. Just ask 'Traveller' about his F40 experience...
if I ever bought a second one id want one in argento and I think I wld be willing to pay market or very close to market for it. was curious to hear what others thought. thanks
You want a blue car. DO IT!!! if you are so worried about value for the next guy. sell it now. Take your bank statement for a drive. )))
What happens if you take a well documented bank statement and change the colour and then drive it? Does classiche frown upon the process? How does the market react to it? In all seriousness, leave it red and find a rough f40 and do what you want to it. As soon as you take it apart than screws go missing, clips break, mistakes get made etc. Plus the brand new paint immediately shows any worn areas straight away ie interior, engine and all of a sudden you start redoing the interior, engine parts etc. Than you see Traveller's thread and all of sudden an LM looks great, more power sounds good, bigger wheels etc start to play on your mind. If you are fully committed than get it wrapped and drive it around for 12 months. This way you can see if you really love it and go ahead with it or easily reverse the process. Plus you can try whatever colours you want.
If i was privileged to have a F40 and wanted it blue, sliver or whatever. I would!!! there was someone on here who said . not enjoying your ferrari properly is akin to not shagging your GF so she is more desirable to her next BF. hahahahaha
Now that Euro cars are almost all US eligible, im sure you can find an F40 with 50.000 kms that is well sorted for not too much $$. You could send it to Zanassi and then bring it over and drive it as much as you want not having to worry about mileage (which is probably more important to US buyers..). Another bonus is that you would have a Euro F40 which is the best F40.
If you want it blue, pink, yellow, green with purple spots do what you would like to do! It can always be painted back and whose to say that you will ever sell it?!
I have to say I think the F40 looks good in any colour, a little like the current tdf, but in the F40's case, as 99% of them are red, when one sees a black or blue one, the immediate reaction is just 'Oh Wow', but I think that is because it is just different from the norm, the norm being 1300 of them ,a mere handful being non red. When I was restoring my car, it was a helluva job to get all the old paint from its racing days off the panels and repaint it to allow the carbon Kevlar to grin through. So if you want to respray, in my view there is no cheap way to do it if you want this effect and to preserve value, probably it means back to the Factory and a FAT bill. In short, I would wrap it, you get the aesthetic benefit for a few thousand dollars, with none of the downside. Once you take the panels off, I suspect you will be opening a Pandora's box and even if you manage to resist the temptation of sorting other issues, once finished, you will have this totally pristine bodywork contrasting with the rest of a 25 year old car.
I saw pretty much the same question posted elsewhere and saw one current f40 owner adamant that such a scenario would depreciate a $1.5 mln f40 to $650,000 the second this paint change occurs. I personally believe this is far fetched to say the least this level of depreciation however this person believes they have such a strong grasp of everything f40 that they speak as if this view point of theirs pretty much is the way it is. To each their own but seems crazy to me to think it would drop this much.
If I had to have an F40 in another color, I would wrap it. I wouldn't spend the money repainting it with Hoyt or Classiche, because its will always be an F40 produced in red, and as with the GTOs painted silver, future generations will always have a tendency to seek out the original color.
But Joe if you had to guess how much do you think paiting as described by the op would depreciate it? Thanks
A lot of sensitivity over the years I've noticed about repainting cars. I figure if you get one of the top FNA authorized body shops to do the job it should be ok, with a very good chance of exceeding the original paint job in quality. I never used to care about this sorta thing until I stumbled into Classic Coach in Elizabeth, NJ many years ago and saw the difference in paint between an older black 512 Boxer and a new black 360. It was so dramatic, I immediately fantasized about the BB with new paint! Life is too short not to have nice paint.