Ferrari F40 market analysis

This is going to be a museum piece. Buyer will send to get Classiche cert in Maranello, it will be restored, and sit forever.

 

Car was stored in a shipping container sitting outside?

 

This car was acquired by GT Motor Cars last year and they sold it and had it Cavallino this past year. This car is a great reference car.

 

That’s correct, they bought it from my partner from Germany.

 

Blue Chip F40 to hit the auction block during Monterey Car Week | Ferrari F40 | Cars for Sale | Classic Motorsports

wonder what this will do to the trajectory....

 

this is the peculiar car, whatever the result I don’t think it will affect the values of well preserved examples if I had to guess

 

the reason i am curious is because it is a car with a story....has been repainted....is reportedly in condition 3 according to Hagerty themselves, but is still listed with a guide price range with an upper level at $3.1 million,,,,which, last time i checked, is a bigger number than $2.50 or $2 mil, where cars of this nature have been claimed to be valued in this thread....
of course, if this car fails to reach a $3 handle, then all those claiming that the F40 mkt is in decline may have an additional data point...

 

I think this car will bring low to mid 2s and of it does, it won’t tell us anything about the F40 market which to me seems perfectly healthy.

If I’m wrong and the car brings $3m because someone falls in love with the car (unlikely in my opinion), I don’t think that will tell us anything either other than the value of this particular car on that particular day.

I’d make the same comment by the way about the non-running 300km car.

Let’s see 2 or 3 results for low owner 3,000-5,000 mile US cars and a few sales on under 10,000 km non cat, non adjust euro cars and that will give us a picture of where the market is.

 

#86620 is already coming back to auction:

https://www.goodingco.com/lot/1990-ferrari-f40-1b

Previously:

https://www.broadarrowauctions.com/vehicles/am25_r182/1990-ferrari-f40
https://www.goodingco.com/lot/1990-ferrari-f40-1a/

 

This is solid.

 

apparently the first sale fell through for some reason...

 

This car May or May Not be missing its service books..

 

Ex Bill Cosby car. Was at Driving Emotions in 2020. I had looked at it. Very spotty service history and nothing to support miles. May or may not have paint work...

 

So a couple of comps for this thread.. a lovely low mileage F40 Chassis 90353 has sold just shy on 2.9 GBP or 3.95 USD.. a very low mileage Red F50 from Mission Prestige https://www.missionprestige.co.uk/cars-for-sale has sold for 5 GBP or 6.8 USD. their 19km 288 is under inspection at 4.2 GBP and a new entry to the Market is with Jeremy Cottingham blue chips chassis number 56329 with 35km is up for sale for 4.4 GBP or 6 million USD.

 

Interesting

 

How exactly are 288 GTO and F50 sales “comps for this thread”?

 

The dollar is unusually low relative to the pound, so it will be interesting to see how these sales translate to the US.

 

GB£ price cut on 56337. None of the cars posted are exceptional in any aspect and I feel the market getting a bit frothy. Fabulous cars are worth the money, but not all are equal.