buying an F40 | FerrariChat

buying an F40

Discussion in '288GTO/F40/F50/Enzo/LaFerrari/F80' started by airspyder, Sep 27, 2014.

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  1. airspyder

    airspyder Rookie

    Sep 27, 2010
    28
    Chicago, sometimes
    Seriously looking at an 1990 F40, US, under 2000 miles. Would appreciate feedback on what a low mileage car (it hasn't accumulated many miles in the last eight years) would require for service. I've looked at the car and it is excellent condition. But I'm also looking for info on what modifications I should avoid (bigger brakes, suspension changes, etc.) that detract from (or maybe add to) the value of the car.
     
  2. greyboxer

    greyboxer F1 World Champ

    Dec 8, 2004
    12,637
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    Jimmie
    Sounds like bag tanks (if fitted) & belts & tires to start - there's a very recent thread about mods & value - try to find it & read it
     
  3. Caeruleus11

    Caeruleus11 F1 World Champ
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    Jun 11, 2013
    11,456
    You want a pristine car with no mods whatsoever if you are looking at top dollar and I am sure that is what the seller is demanding. There are no modifications that add value to the F40. There might be some which add to its drivability but the car is now a collector status vehicle and the rules change. With 2000 miles you have a collector not a driver.

    If the car has really sat, hopefully not with the same fuel in it for 8 years!!! You are looking at a service bill that will likely range from $10k-50k- hopefully its to the lower side of that.

    You should find an expert in your area to advise you on this- its worth paying for.
     
  4. airspyder

    airspyder Rookie

    Sep 27, 2010
    28
    Chicago, sometimes
    I previously owned an F40, US model. I drove it once before I was injured in an accident in France where I was driving a rental and was hit by a lorry. Was laid up for a very long time and my family sold the car.
    Finding an expert: that is not easy. suggestions?
     
  5. airspyder

    airspyder Rookie

    Sep 27, 2010
    28
    Chicago, sometimes
    also, suggested links to previous threads re. modifications, values, etc.
    The car of my interest is a US model, AL tanks. It starts and operates fine through the gears. The alternator light flickered. typical of the F40, the brakes feel inadequate.
     
  6. amenasce

    amenasce Three Time F1 World Champ
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    Oct 17, 2001
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    Joe Mansion
    Continental Autosport would be the place I would take the F40 for a comprehensive PPI. They service a few F40s as well as Enzo, GTO,333SP, racing team.


    What will you want to do with it? Drive it or simply own it?
    The only mod I would do would be a Tubi as the US F40 is simply too quiet. It's easily replaced by the original item in case you want to Classiche the car or show it at cconcours.

    Best of luck. By the way, tomorrow there is a Ferrari special car and coffee at Winnetka. There will be an F40 whose owner is super knowledgeable.
     
  7. ross

    ross Three Time F1 World Champ
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    Mar 25, 2002
    37,823
    houston/geneva
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    2000 miles is a conundrum. do you leave it to accumulate $ or do you break the seal and drive it?? or do you buy that one to keep as a garage queen, and find the most beat up high miler to drive around??

    anyway, to answer your question, as long as the original parts are still with the car, i do not mind, and even recommend, putting the bigger brakes on, the tubi, lowering the suspension, and even adding some fire suppression systems. do not change the wheels imo. do not put on any LM mods. do not repaint at all or in a different color.

    to make it roadworthy, i advise sending it somebody who is familiar with f40's. there is little upside in letting a mechanic experiment. and the f40's have their little peculiarities that are best seen to and sorted by a guy who has seen more than his fair share of them. ask joe sackey for a mechanic near you.
     
  8. joe sackey

    joe sackey Five Time F1 World Champ
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    May 23, 2006
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    I consult on F40s occasionally Cars | Joe Sackey Classics and there are a couple pristine USA F40s that could be acquired via clients of mine privately.
     
  9. airspyder

    airspyder Rookie

    Sep 27, 2010
    28
    Chicago, sometimes
    I'm a driver so the car will get driven. The car I'm looking at was sold in CA but not approved by CARB? I've seen one other car sold by the same CA dealer but only approved for 49 states. Where any F40's approved by CARB for CA? Plan is to keep the car in CA. No more Chicago streets!
    Thanks for the input on brakes, Tubi, etc. Yes, the brakes are inadequate.
    Of course, a proper PPI will be done. I'm not convinced that Classiche approval is all it is stated to be. But that is another discussion
     
  10. Caeruleus11

    Caeruleus11 F1 World Champ
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    Jun 11, 2013
    11,456
    If you're looking for a driver then try to find a car with over 10,000 miles.

    Sorry to hear of your accident but it sounds like you are doing better now.
     
  11. airspyder

    airspyder Rookie

    Sep 27, 2010
    28
    Chicago, sometimes
    #12 airspyder, Sep 30, 2014
    Last edited: Sep 30, 2014
    Did look at cars with more mileage but many are modified beyond Brembo's and tubi and the one's that aren't are priced too high IMHO. Low mileage is not a factor and is something I never quite understood with many American buyers. Older cars I owned with low mileage were problematic and expensive.
    This car that I am looking at was registered in CA but is not CA approved. Not sure how this was done and don't want to try and register it there and have issues with CARB.
     
  12. joe sackey

    joe sackey Five Time F1 World Champ
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    May 23, 2006
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    This does not add up, given that in your previous post http://www.ferrarichat.com/forum/143412192-post6.html you said "The car of my interest is a US model".

    The 211 Tipo USA F40s are all legal & register-able in any state in the USA, and will pass SMOG in California with the standard exhaust fitted.

    There is no grey area. It is either a USA spec F40, or, it is a ROW/Eu F40.

    In the case of the latter, they are not USA-legal, not California legal, will not pass California SMOG, and therefore are not California register-able. If the car is truly a USA spec car, you should have no problem registering it in California.

    I would humbly suggest to you that the most basic thing to determine about an F40 (before you start worrying about miles, history etc) is to establish if you are looking at a USA spec F40 or not.

    That will not only determine whether you can legally use the car here on the road in the USA, but it makes a big difference in terms of what you should pay!

    Since you are seeking feedback, please post a chassis number and I can immediately tell you what status the car has. I am happy to do so without any involvement in your deal, simply to help you out.
     
  13. F40-R

    F40-R Formula 3

    Jun 22, 2014
    1,221
    And I along with Joe's offer will be happy to provide you with a service history and warranty start date etc from the Modis.

    I don't think it gets better than Ferrarichat!
     
  14. airspyder

    airspyder Rookie

    Sep 27, 2010
    28
    Chicago, sometimes
    Yes, my previous F40 was a US car but I had almost Zero time in it. My memories of that time period are fleeting at best.
    Yes, the car of my interest is a US car. I have copies of the service records and owner's manual.
    Joe has answered my question about CA registration - Thanks!

    This is a US car, I have copies of the importation documents.

    I'll keep you posted on how this moves forward.
     
  15. joe sackey

    joe sackey Five Time F1 World Champ
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    Glad you think I could help, but I apologize for harping on about this, because when you say "importation documents" that further baffles me!

    Typically, no importation documents were given for the 211 USA cars. 'Importation' was handled was handled in-house by the authorized concessionaire, Ferrari North America the factory-assigned distributor. Typically the USA buyer received the Sales Invoice, window sticker (confirming its USA-legal status), a USA title, and all relevant books from the USA authorized Ferrari dealer of any given State.

    That you have copies of importation documents sounds to me like this was a personal import of a ROW/Eu car. I am aware of at least 2 cars here in the USA that have been passed off as "USA-legal" but really aren't. Buyer beware.

    Proof that the car is USA-legal is established by the physical disposition of the car, and the stickers upon it clarifying that the car is USA-legal. Furthermore it must be one of the 211 chassis numbers in the list.

    Given the confusion that seems to surround the contradictory statements you've made about this car, I'm not convinced it is a USA car.

    As has been offered to you by 2 people on this thread, please post a chassis number and we can clarify one way or another.
     
  16. airspyder

    airspyder Rookie

    Sep 27, 2010
    28
    Chicago, sometimes
    Yes, I have the documents. That is all I'll say. It is a US car with all the correct ID plates, VIN's in all the visible and hidden places. It has Al tanks.
    As for VIN, I'm keeping that private as well for obvious reasons - I want to buy the car and at the price agreed to without someone else stepping in.
    IMHO, all is not often as it seems with FNA. Like I said, I previously owned an F40. And a 308 before that.
     
  17. joe sackey

    joe sackey Five Time F1 World Champ
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    Sounds good.
     
  18. Napolis

    Napolis Three Time F1 World Champ
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    Joe

    Do 25 year old cars still have to meet CARB?

    Cheers
     
  19. joe sackey

    joe sackey Five Time F1 World Champ
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    Jim,

    If it is a USA car (as he says it is) the oldest will be a 1990 which means 24 years, but it must be a USA-legal car and pass SMOG to be register-able in CA.

    As I understand it, in CA, the car must be a 1975 or older production to not have to pass SMOG.

    Best,
     
  20. Napolis

    Napolis Three Time F1 World Champ
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    Oct 23, 2002
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    Jim Glickenhaus
    Thanks.
     
  21. ross

    ross Three Time F1 World Champ
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    Mar 25, 2002
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    i am reading all this with some interest since i will be wanting to import my f40 when i return to the usa. the car will be 25 years old at that time. i hope that goes smoothly....gulp
     
  22. Terra

    Terra F1 Rookie
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    Feb 16, 2004
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    #23 Terra, Oct 1, 2014
    Last edited: Oct 1, 2014
    Is it possible that the F40 you're contemplating was sold new in Dubai? I ask this because I know that in the case of Model Year 2003 Ferrari Enzos, the Ferrari concessionaire in Dubai opted for its Enzos to be 100% U.S.-spec (i.e. in terms of emissions, 50-State emissions labels in the engine compartment, safety and exterior lighting equipment, door jamb data plate containing both Month and Year of manufacture, and the Manufacturer's USA DOT compliance language, USA VIN sequence/markers et al).

    Perhaps the same thing was done by the Dubai concessionaire back during the early-1990s with their allocated F40s?
     
  23. Terra

    Terra F1 Rookie
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    #24 Terra, Oct 1, 2014
    Last edited: Oct 1, 2014
    Should be OK. As long as the car is at least 25 years old (to the month), it can be imported DOT-exempt. EPA has a rolling 21-years-or-older rule for granting an exemption on the emissions front.

    However, as Joe states, this is only on the Federal level. If you would want to register it in a State such as California, it would not be emissions-exempt (i.e. California Air Resources Board -- CARB -- stipulated that in order for ANY vehicle to be emissions-exempt (i.e. U.S. and non-U.S. version alike), it must have been built in 1975 or before.

    There is a mechanism/facility for a non-U.S. version Post-1975 vehicle to pass California emissions standards in effect for the Model Year of the vehicle. In such a case, the vehicle would have to go to a shop such as G & K in Santa Ana, California or Northern California Diagnostics Laboratory in Napa, California. In the past, these two shops have obtained certification from CARB to modify and emissions-test non-U.S. version cars. However, this requires being CURRENTLY certified in the Engine Family of the car in question. CARB requires that this Engine Family type-certification be renewed every few years.

    Being as there's such a small volume of business to be done in this space, I seriously don't believe either of these shops (or anyone else in California for that matter) has CURRENT Engine Family Type-Certification for any post-1975 collectable car platform, especially in light of the not-insignificant cost of the California-mandated ongoing renewal, etc.
     
  24. ross

    ross Three Time F1 World Champ
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    Terra, thx for that detail. I won't be going to California!
     

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