For Sale - Fresh to Market 1992 Ferrari F40 | FerrariChat

For Sale Fresh to Market 1992 Ferrari F40

Discussion in 'Cars' started by RMSotheby's, Apr 23, 2021.

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  1. RMSotheby's

    RMSotheby's Rookie
    Sponsor

    Dec 12, 2014
    47
    Full Name:
    RM Sotheby's
    A low-mileage, late model example of Enzo’s final act is heading to RM Sotheby’s Amelia Island auction next month:

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    1992 Ferrari F40
    Estimate: $1,800,000 - $2,200,000 USD
    Chassis No. ZFFMN34A0N0093103

    Engine No. 30719
    Gearbox No. 617


    An instant success upon its release, demand was so high for the F40 that initial sales projections were quickly doubled, then tripled. Enzo’s gift to sports car aficionados everywhere lived on in each of the 1,315 examples built. With worldwide production not necessarily limited, the F40 cannot necessarily be described as rare. What separates each example, then, comes down to three factors. The first of which, being mileage. Perhaps the most tantalizing fact about this F40 is that its odometer showed only 3,304 miles driven at the time of cataloguing.

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    The second factor is overall age. With 1992 marking the final year of production, this Ferrari F40 has the benefit of being five years younger than its eldest siblings. Being one of the last examples produced, this F40 was also the beneficiary of five years of internal refinement by Ferrari; by 1992, the consummate Italian brand had triumphed over U.S. import regulations and was able to offer an official variant for the North American market.

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    Featuring refinements in suspension and interior comfort (this example sports a luxury we take for granted today: Air Conditioning), a mere 213 examples were built to North American specifications over the production run of the F40. Of that fraction of total F40 production, an even smaller number—a scant 60 in all—composed the final batch built-in 1992.

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    The third factor is a proven history of careful ownership—one needs to have kept all the receipts. This example was sold through Ferrari Salt Lake City and by all accounts led a pampered life in the resort town of Park City, Utah. An extensive receipt file dating back to new shows regular service performed by official Ferrari dealerships including its most recent scheduled appointment, a major service including belt service at Ferrari of Long Island.

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    Treated with care since new, this late-model F40 wears all the marks of a lifetime of careful stewardship. With only 40 miles traveled since its major service, the timing on this prime-spec Ferrari F40 could be ideal for both summertime enjoyment and long-term collecting potential. Either way, Enzo would be proud.

    For an extensive history file on this example, as well as a full gallery of images and further information on how to register for bidding, please click here.
     
  2. Nicolas21

    Nicolas21 Formula Junior

    Jul 13, 2016
    665
    Near a nuclear powerplant
    Full Name:
    Nicolas
    1992, good year :D
    Love the included Lego
     
    reedferrari, Yassa and LVP488 like this.
  3. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    18,772
    poetry
     
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  4. ginoBBi512

    ginoBBi512 F1 Rookie
    Rossa Subscribed Silver Subscribed

    Oct 9, 2016
    3,434
    SO CAL
    Full Name:
    GINO RUGGIERO
    Insane, God I wish I could own this car, the F40, is , I have to say, the BEST CAR FERRARI HAS EVER BUILT !!! Its that simple.

    Thank you
     
    Yassa, Jakuzzi, JLF and 3 others like this.
  5. plastique999

    plastique999 F1 Veteran
    Owner Silver Subscribed

    Nov 9, 2008
    8,539
    SoCal
    Full Name:
    Edward
    Beautiful


    Sent from my iPhone using Tapatalk
     
  6. donkost

    donkost Formula Junior
    Silver Subscribed

    Dec 1, 2016
    912
    Blandon, PA
    I can dream of a Testarossa, and it is possible for that dream to become a reality in the next year if I pursue it. The F40 however will always remain a dream- wow simply amazing! I believe Enzo would have liked the car to take part in some spirited driving rather than leading a pampered life (and perhaps it has). At this price point however it is the owner's wishes which must be respected. ;)
     
  7. Caeruleus11

    Caeruleus11 F1 World Champ
    Rossa Subscribed

    Jun 11, 2013
    10,860
    Bellissima!
     
  8. B R

    B R F1 Rookie

    Aug 31, 2005
    2,818
    Los Angeles, CA
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    B R
    Low miles, like a little over 100 per year. Poor thing never really got enjoyed.
     
    harrisonwebb and Topace like this.
  9. sandstrs

    sandstrs Rookie

    Mar 4, 2016
    23
    perfection!
     
  10. Topace

    Topace Karting

    Apr 2, 2021
    118
    Omaha ne
    Full Name:
    Thomas
    Are u willing open to a trade?
     
  11. flyboyx

    flyboyx Karting

    Dec 19, 2014
    70
    Houston, Tejas
    Full Name:
    brian
    it’s kind of like not having sex with your girlfriend so she is more appealing to the next guy.
     
  12. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    18,772
    Not really. Lots of f40 owners have dozens of cars.
     
  13. Vinsanity

    Vinsanity Karting

    Sep 9, 2013
    225
    Washington, DC.
    Full Name:
    "VD"
    It's possible that this car was a long-time stablemate of the 308 QV I own. I know the previous owner bought (and sold) two US-spec F40s from Ferrari of Salt Lake (Steve Harris Imports at the time) and had a house in Park City... If only I had an extra one-point-something million laying around, I'd love to reunite them.
     
  14. plastique999

    plastique999 F1 Veteran
    Owner Silver Subscribed

    Nov 9, 2008
    8,539
    SoCal
    Full Name:
    Edward
    Kind of like their women


    Sent from my iPhone using Tapatalk
     
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  15. EuroCarEnthusiast

    May 12, 2021
    11
    USA
    Full Name:
    Undisclosed
    I see the estimate range, but should we see who on the forum has the crystal ball (i.e. best guess) on:
    1. Whether the car meets the reserve, and
    2. Final hammer price
    Would love to see where people think this prices out after the Pcar sale.
     
  16. BJK

    BJK F1 Rookie

    Jul 18, 2014
    4,781
    CT
    EuroCarEnthusiast likes this.
  17. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    18,772
    1.7 to 2
     
  18. of2worlds

    of2worlds F1 World Champ
    Silver Subscribed

    Apr 6, 2004
    16,445
    ON
    Full Name:
    CH
    Just under 2.5 mil all in for this '92.
     
  19. ross

    ross Three Time F1 World Champ
    Owner Silver Subscribed

    Mar 25, 2002
    36,210
    houston/geneva
    Full Name:
    Ross
    i think this car breaks 2 mil.
    usa spec, low mileage, good history and documentation.
    it will raise all boats.
     
  20. ChipG

    ChipG Formula 3

    May 26, 2011
    1,722
    Santa Monica, CA
    I think it goes over the $2.2 then commission on top of that, I know 3 people after it
     
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  21. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    18,772
    Next stop $5m.
     
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  22. ross

    ross Three Time F1 World Champ
    Owner Silver Subscribed

    Mar 25, 2002
    36,210
    houston/geneva
    Full Name:
    Ross
    #23 ross, May 18, 2021
    Last edited: May 18, 2021
    you may be right.
    numerous people have been asking me for pointers on buying a euro model with some miles....and i have been bid, unsolicited, for my own several times.

    if this one does go for 2.2 plus com, which will punch it up closer to 2.3, then all others goes up quite a bit with it.

    and yes, i did say to expect this in a thread i started 2 years ago....
    https://www.ferrarichat.com/forum/threads/the-f40-is-undervalued.601297/page-12
     
    ChipG likes this.
  23. EuroCarEnthusiast

    May 12, 2021
    11
    USA
    Full Name:
    Undisclosed
    Close to or over $2.2M seems like a big move in one month with respect to the Pcar vehicle (which was a '91, but had a few less miles), but I still think it is likely to go as high as $2.2M. To your point, at $2.2M, there would be a buyers commission of $225k, so as a buyer you're really paying ~$2.4M. The way I think about it, the true-cost to the buyer would then reflect an even larger gap in price to the Pcar vehicle, so what would be the cause(s) of that at these hypothetical prices? Is it because it's a '92, some difference in condition/provenance, the marketing/branding/reach/client base of RM Sotheby's, the market moving at warp speed, etc.?
     
  24. ross

    ross Three Time F1 World Champ
    Owner Silver Subscribed

    Mar 25, 2002
    36,210
    houston/geneva
    Full Name:
    Ross
    - usa spec, which will bring a higher valuation in a usa auction
    - relatively low mileage, but not a trailer queen so can still be driven lightly without too much harm.
    - all the docs, classiche, etc
    - luggage
    - complete history
    - sothebys'
    - amelia island.
     
    ChipG likes this.

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