F 40 prices.

IMHO. F40 prices will continue to remain pretty stable, (we have seen modest improvements in prices over the last 3 years or so and that modest appreciation should continue).

I think the price will continue to be influenced by condition, with "Garage Queens" becoming less and less desireable...

Chris

 

I'm amazed at how well the F40 kept its price given the relatively high production numbers in relation to the GTO. At the moment they seem to be very close to each other despite the fact that there were about 5 times less GTOs build. I guess that is a testament to the cool driving you get in a F40 and the garage queen status of many GTOs.

Also I'm amused by the New Zealand F40 replica manufacturer who charges about $ 100,000 for his car. It is a cool car, but who will seriously throw out that money if twice as much gets you the real deal?

 

Yes....I saw one of these replicas on Ebay at http://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&rd=1&item=2476734986&category=6212 . I'm surprised FNA's attorneys haven't gone after these guys for unlawful use of the SF shields and other logos. SD

 

There were only 200, or so, U.S. spec F40's imported. No expert here, but am unaware of any U.S. legal ("federalized") euro F40's. While it seems there're always a few available, a U.S. F40 is still a somewhat rare car.

That it's considered by many to be Enzo's swan song, as well as a pretty decent back-to-basics driver's car, shouldn't hurt its appeal long term, IMO.

Sorta unrelated (but maybe not), Yenko Chevrolet sold 201 427 Camaros in '69. They've experienced some appreciation.

Wouldn't buy an F40 purely as an investment, but wouldn't be surprised if it held it's value okay.

 

Actually the Kiwi version has its own chassis (your link is a Fiero). Anyway officially it is not sold with the real insignia, but it wouldn't be difficult to replace the badges.

The New Zealand version is technically strong with a Toyota engine, but still I don't get it why somebody would pay 100k when 250k gives you the real deal.

 

Probably someone who wants to track the car and not play nice all the time.

 

tifosi12 - maybe I'm misunderstanding you - but 250 GTO's sell for way over $6,000,000 US!, and F40's sell for <$300,000 US.

In my book that's not too close.........?

 

He is referring to the 288 GTO that preceeds the F40 in the "supercar" designation.

 

He' was refering to 288GTO's, not 250GTO's.

 

Didn't notice that John had already clarified this issue. BTW, are F40 going as low as 250K??? Just about every F40 that is for sale that I've noticed is going for 300K+. I suppose 250K buys a relatively high mileage car???

 

..........or a low mileage (4000km) Euro car. My friend has one well below $250k that would make a nice track car since, despite it's NY State title, does not appear to have been federalized. See http://www.ultimategarage.com/ugs903.htm for pics. The car is in NJ. SD

 

I would be real interested to know how much this car weighs. Is there a tag in the door that you can have a look at? U.S cars weigh about 2980 pounds.

Rick

 

My best friend has a US federalized F40. From mu understanding the European version is about 400 pounds lighter.
I have never seen any US models for under 300 and I thnk really it would take about 325K to 345K to get a good car with decent miles. My understanding is that most of them are tracked and many have really been wailed on.
I know Ricky Mancuso has had a decent F40 there on consignment for over three years now and has never budged from 345K.
I tend not to believe that every F40 advertized has zero to 4500 miles on it.
I do believe that they have probably bottomed (325k) in price when you look at prices of F50 and Enzo's. I don't understand the vast difference in price.
I do know from my friends that it is not a car I would take out on the street that much if at all though. I would probably be driving it to track events close to where I live which is what my friend does.
gary

 

Talking of virtually every Ferrari built, the F40 would just about be the best performance/dollar value of them all. It is arguably the best drivers road car. By this I mean you feel part of the car, no ABS, no luxury interior, no power steering, just all that there needs to be. It has more than enough performance to give you a hell of a thrill. And it is one heck of a good looking car. Etc, etc, etc.
When you compare it to the 288GTO, the F50 and Enzo, at around 300k it is a bargain. I believe the F40 should be priced at nearer to the 400k mark (even though over 1000 manufactured).
The European version is quicker, being lighter and less restricted engine, and better looking without the rubber bumper and side lights.
Give me one of each!!!!!!!!

 

There are currently 3 USA (OH, PA, FL) model F40s for sale in The Ferrari Market Letter... None of them are below 300k, but i have seen one or two drop below that mark...

Now, on the other hand, if you'll spend 300k+ on an F40, you COULD just stretch it a bit more for an F50... Now, i know what you're thinking, the F50 is damn near a 3/4 million dollar car... However, there's one in TX that's currently on the block for a "mere" 565k; it's currently undergoing restoration, including engine-out service and all that jazz, so it's not like that's been secretly erased from the price... You could have an F50 for under 600k...

 

How do you call it a strech if it is literally twice the price? F40 is the way to go! Best bang for the buck and much better looking than the 288 or F50 IMO.

 

I have seen them with low miles for 350 to 370....

 

The stretch i mentioned was specifically referencing the F50 in Texas for $565k... That's less than twice the price of an F40 and it's having fresh, major work done on it... It's a steal...!

 

If you a willing to accept an F40 with over 10,000 miles, there are plenty to be had for under $300K in the states. I looked at 4 before I bought mine.

And I believe an F50 at $565K is MORE than a strech.
Rick

 

Rick as the years go by, the low mileage threshold seems to be moving up and the ultra low miles cars get more and more questionable.

An F40 could be 14 years old in the states now, so at 1,000 miles per year, a 14,000 mile F40 would be close to the miniumum mileage I would want to consider.....

I guess I still feel as though a properly maintained 14,000 mile F40 is at least equal in value to a 4,000 mile F40 that may need significant attention...

The other problem is that it is so difficult to verify a low mileage car as usually almost no records exist. It is so easy to disconnect the odometer drive the car a few thousand miles a year, reconnect, freshen it up then attempt to pass it on as something it is not...

Chris