the F40 is undervalued | Page 14 | FerrariChat

the F40 is undervalued

Discussion in '288GTO/F40/F50/Enzo/LaFerrari' started by ross, Jun 1, 2019.

This site may earn a commission from merchant affiliate links, including eBay, Amazon, Skimlinks, and others.

  1. Flavio_C

    Flavio_C Formula 3
    BANNED

    Sep 7, 2012
    2,445
    Insubria
    Marcel, wasn't it built for Gianni Agnelli?
     
    joe sackey likes this.
  2. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    18,859
  3. joe sackey

    joe sackey Five Time F1 World Champ
    Sponsor

    May 23, 2006
    57,319
    Southern California
    Full Name:
    Joe Sackey
    Correct.
     
    Flavio_C likes this.
  4. joe sackey

    joe sackey Five Time F1 World Champ
    Sponsor

    May 23, 2006
    57,319
    Southern California
    Full Name:
    Joe Sackey
    I think it's mainly that the the USA F40 is five (5) times as rare as the Eu/ROW example.
     
  5. Lemacc

    Lemacc Formula 3
    BANNED

    Mar 16, 2008
    1,687
    Germany
    Honestly than you found an example in bad condition or some failures. A well maintained Diablo is a top car. A close friend of mine had a very early Diablo and drove several times in the 90s against F40 on the Autobahn. He told me, the Diablo was faster, especially after 300km/h. But to be honest, his car seemed like a very good running example with sport exhaust mounted.
     
    Shark01 and joe sackey like this.
  6. mikesufka

    mikesufka F1 Veteran
    Silver Subscribed

    Mar 4, 2006
    6,605
    Crosslake, MN
    Full Name:
    Mike Sufka
    ^^^^

    Wish I still had the magazine, but Car & Driver did an article comparing the two and said once the F40 was rolling, the Diablo didn’t have a chance of catching it ….

    Probably dumb but I tossed 30 years of C & D when I moved a few years ago - just seemed like a lot of work to move them - regret it at times.

    MDS
     
  7. mikesufka

    mikesufka F1 Veteran
    Silver Subscribed

    Mar 4, 2006
    6,605
    Crosslake, MN
    Full Name:
    Mike Sufka
    BTW - not arguing - just remember the article from way back when …. Good stuff

    MDS
     
  8. Lemacc

    Lemacc Formula 3
    BANNED

    Mar 16, 2008
    1,687
    Germany
    Yes i know the test in the Car & Driver magazine. I just can speak for two EU spec cars against each other on the Autobahn. The F40 has a much more direct handling of course and is more "racing" oriented.
     
  9. Flavio_C

    Flavio_C Formula 3
    BANNED

    Sep 7, 2012
    2,445
    Insubria
    Yeah, I remember reading something about Agnelli having a bad left knee due to a ski accident or similar, and thus they adapted a F40 for him.
     
  10. thepinkumbrella

    thepinkumbrella F1 Veteran

    Feb 26, 2006
    6,047
    United Kingdom
    This is the ex-Agnelli car when I saw it at the RM Auction in Maranello, 2008.
    Image Unavailable, Please Login
     
  11. Flavio_C

    Flavio_C Formula 3
    BANNED

    Sep 7, 2012
    2,445
    Insubria
    It doesn't have a clutch pedal, does it?
     
  12. Marcel Massini

    Marcel Massini Two Time F1 World Champ
    Honorary

    Mar 2, 2005
    22,912
    The ex Agnelli F40 with Valeo clutch is S/N 79883 and used to belong to Dr. S. F. in Italy for decades.

    Marcel Massini
     
  13. joe sackey

    joe sackey Five Time F1 World Champ
    Sponsor

    May 23, 2006
    57,319
    Southern California
    Full Name:
    Joe Sackey
    No just brake and throttle.

    Sold there for 418,000 Euros IIRC.
     
    Flavio_C likes this.
  14. ross

    ross Three Time F1 World Champ
    Owner Silver Subscribed

    Mar 25, 2002
    36,238
    houston/geneva
    Full Name:
    Ross
    which means it is NOT the one in the ad i referred to...... :) and you were just pulling legs here and other fell for it... ;)
     
    ChipG likes this.
  15. ross

    ross Three Time F1 World Champ
    Owner Silver Subscribed

    Mar 25, 2002
    36,238
    houston/geneva
    Full Name:
    Ross
  16. ChipG

    ChipG Formula 3

    May 26, 2011
    1,722
    Santa Monica, CA
    Same Valeo from a Mondial?
     
  17. Marcel Massini

    Marcel Massini Two Time F1 World Champ
    Honorary

    Mar 2, 2005
    22,912
    Of course!

    Marcel Massini
     
  18. bamaman

    bamaman Formula Junior

    Nov 27, 2015
    648
    Mobile Alabama
    Full Name:
    William M (B.J.) Lyon, Jr.
    I had a firm written contract for the purchase of a new F40 in 1990 with full payment of $110,000 already made to the Kuwait importer, Talal Al Essa,. The car still in Modena when Saddam rallied in.
     
  19. bamaman

    bamaman Formula Junior

    Nov 27, 2015
    648
    Mobile Alabama
    Full Name:
    William M (B.J.) Lyon, Jr.
    When Saddam rolled in. Tala fled to Cairo and could not be found. I went to Maranello with his accountant to demonstrate full payment and request delivery while Kuwait was under occupation. Ferrari declined, and then began the saga where Talal decided that he would not honor the contract (the cars were trading at $1 million--and as a Bedouin trader, he decided that I had gotten the better of the deal). Through the intercession of a well known US dealer whom I had done some favors in delivering two new 512 Bi's in 1984 for his Mexican clients, Talal was informed by Maranello that he would not receive any more cars until Mr. Lyon was repaid. I duty received my $110,000 back but no F40. Arghhh.
     
    lee88 and roma1280 like this.
  20. MM355

    MM355 Formula 3

    Apr 7, 2008
    1,151
    GMT + 3

    Interesting, were you based in Kuwait during the late 80's?

    I am from Kuwait and I recall we only received 3-4 F40's when new via Talal's company and he was the sole agent of Ferrari till 1998 then transferred to Al-Zayani.
     
  21. bamaman

    bamaman Formula Junior

    Nov 27, 2015
    648
    Mobile Alabama
    Full Name:
    William M (B.J.) Lyon, Jr.
    I was here in Alabama but a friend who had a buddy working in a Kuwait bank had an in with Talal, so we contracted for two and got exactly none.
     
  22. ross

    ross Three Time F1 World Champ
    Owner Silver Subscribed

    Mar 25, 2002
    36,238
    houston/geneva
    Full Name:
    Ross
    #347 ross, Jan 10, 2022
    Last edited: Jan 10, 2022
    a few people have contacted me recently for advice on buying an F40. several have asked if i want to sell - i dont. and i have been reading several threads on here about getting checkups that turn up all sorts of rotten info, or cars that have had vins tampered with, accidented, unclear ownership chains, non matching parts numbers etc etc
    all of this means that even though 1315 cars were made, truly worthy cars that are currently in proper condition (this is a wide description but you know what i mean), are probably less than half the production.
    and then, of those, there will only be less than 5% of them for sale at any time.
    so now we are down to about 20-30 decent cars world wide that are, or might be, for sale.
    and more like 300 people who want to buy one this year.

    the other big 4 were made in significantly fewer numbers, but the vast majority of them are never driven, hence they dont come in harms way; and they were not as prevalently stolen, or modified, or 'adjusted' in any way, or ever raced in any serious way (the odd f50 i will acknowledge). so altho their build numbers are somewhere between 272 and 500 each, my guess is that at any one time you can probably also find 20-30 for sale.....

    meanwhile, relatively normal cars like the Speciale or the Pista, made 2000+ times each, and with literally hundreds for sale, are commanding very high prices - nearly double what they were only 6 months ago.

    and all this leads me to conclude, once again, that F40's are undervalued by comparison.
     
    dickus25, JTSE30, Caeruleus11 and 2 others like this.
  23. JAM1

    JAM1 F1 Veteran
    Rossa Subscribed

    Oct 22, 2004
    7,263
    FL, NY, and MA
    Full Name:
    Joe
    … which is silly considering it was obvious the auctioneer didn’t have real money as he ran it up then had to back it down to the only bidders number on the car before explaining the issue to the consignor and getting him to relent on the reserve. I guess for the buyer being on tv is worth the extra money since there’s other similar examples that have been offered recently for less. Bizarre times…
     
    Caeruleus11 and BJK like this.
  24. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    18,859
    Caeruleus11 likes this.

Share This Page