Coming to the experts...F50 input needed

It's not the cost of the conversion that is the issue. It's the OEM aspect of the collectible. ORIGINALITY is the key. Why do you think most of the collectors spend hundreds of thousands to millions of dollars to retore their cars to full original condition? Why spend thousand to go through the Classiche program? Why spend tens to hundreds of thousands to send your car back to Maranello for restoration? When it comes to collectibles it's all about owning an ORIGINAL US spec car of which only 56 were produced. No offense to your observations but you're not looking at the F50 as a collectible. You're looking at it as a car. Might as well be a 355 or 360 from your perspective. The supercars beat to a different drum. You cannot use the economy as a reference point to determining values for a car that numbers 50 units in the whole country. There are tens of thousands of multi millionaires in the country that have the kind of money to acquire one of these cars in their wall safe. There will always be buyers for the collectibles. Why do you think Enzos are $400,000 over MSRP? The economy obviously has not affected Enzo owners/buyers. Nor has it affected F40, F50 or 288 owners/buyers. See many of them around for sale?

 

You are correct that I am looking at the market as though it is not currently being driven by collectors.

You will.

 

If the eighth character is an "A" then it is a USA version. This one is a "B" so it was not built as a USA version.
Someone mentioned several at Joe Macaris for £300,000+ and note that these were also unconverted non-USA F50s

 

£300,000 * 1.64 = $492,000. So what's the conversion cost?

 

Not trying to split hairs with you (or maybe I am) but the post said "someone mentioned something" sounds like "I got this hot stock tip." Also there's a "+" sign in front of his number which means it's more than 300 and not exactly 300. Could mean it's 350 or 380 which then translates into 574 or 615 ...

 

345,000 to 375,000 list price: http://www.petrolheads.com/sales/list.asp?s=213

 

I'm interested in any F50, euro or not, in the 6's and low 7s. If anyone knows of a driver car, not a queen, please PM me.

 

No need to pay in the 6's, much less 7's, for a euro F50. 3 to choose from at retail list prices below that: http://www.petrolheads.com/sales/list.asp?s=213

Which color will you be posting pics of in your garage?

 

needs to be a 1995 F50 to be federalized. 1995's hold more value due to scarcity than 1996-7's.

 

POUNDS!! Which translates to $567,000 to $616,000. Plus conversion costs (last I heard was about $50,000). Puts them right in the range of what I would expect Euro cars to bring - somewhere in the mid $600,000 range. Again ... not $400,000 as you were previously adamant about.

Also Isaac is correct now that he mentions this. Has to be a 1995 model year or it can't even be imported. Again ... supply versus demand = no $400,000 to $450,000 F50.

 

You're being realistic at least. Here's a Euro with an asking price in the high $7s. The "mods" might not be to your liking though ...

http://www.dupontregistry.com/autos/Search/DRauSearchDetails.aspx?itemid=668141

 

None of those can be brought to the US for some time and driven legally...

 

I'm not adamant about my estimated $410k wholesale price, $450k retail price for an F50 in need of $50k in service. It was just an estimate for a cash price for a sale today in the current economy.

In a subsequent post I even went out of my way to note that a buyer willing to wait, rather than firesale today for cash, would obtain more.

The prices that you cite above are retail *list* prices. Perhaps all F50 buyers pay asking price with no negotiations. In which case, you are correct. Otherwise, what I said has merit.

This thread has noted multiple recent F50 sales from $516k (euro) up to $675k (U.S.). The F50 in question that needs a market price admittedly needs $50k in service. A ballpark range should be $516k to $675k, minus $50k in service for a retail price.

A wholesale cash price today should be substantially lower. Obviously someone willing to wait can expect a higher price than can the person doing a firesale for instant cash.

The original poster asked for estimates at retail and at wholesale. If I'm on the low side, then someone should already be buying the F50 in question today.

 

Again ...

Euro $550k-$600k wholesale and $650k-$700k retail
US $650k-$700k wholesale and $750k-$800k retail

There are a few cars for sale such as the one you mention for $900k+ with no buyers as of yet so it's obviously priced a bit high. Another one with a few stories in the low $800k range. The car you are being offered - in light of everything going on with it - should probably be where you expect it to be in the mid to high $600k range. Once everything is sorted out it will be a wholesale car in the low to mid $700k range. Retail in the high $700k to low $800k range. The car at $930k is a fine example of a low mileage car but would be more realistically priced at $890k with an ultimate selling price somewhere in the mid to high $800s. Reason? It's the ONLY ONE of its kind for sale - US car, low miles, full history, maintenance, complete accessories, all oem, etc. It's not like you can price shop it around the corner.

 

Do tell! If you have indeed found a US spec F50 with no issues, no stories, decent (doesn't even have to be low) miles and everything else is in order - I will stand corrected and bow down to you for your investigative skills! I still say that what you are claiming to have located does not exist. I challenge you to prove it.

 

I know of one that may be some form of distressed collection sale in the midwest
~However~ it may already be gone.... or prevented from sale altogether for now!

 

The impounded, wrecked F50 in Lexington?!

 

LOL.. I was going to say the same. Issac has ridden in it.Even a video somewhere. Now 55 left??

 

The one from Deerfield Il ?

 

I really got to get that video online!

we have a winner!

 

Just thought that I would chime in as I find this subject quite interesting. Any additional info on this car? Is it located in Seattle? Thanks.

 

Kevin - Any information on the F50? We're all waiting to hear about this spectacular no story car! I'm ready to acquiesce and bow down to your investigative skills!