Ferrari Enzo #399 of #399

Lovely

 

Well, there was the Pope's Enzo of course, but that's a no-brainer since it's 400/399. But there are a few Enzos built before yours that were built in 2005; Brandon Wang's Grigio Alloy Enzo is one.

 

I think it would be far more accurate to say:

"Ferrari has a typically Italian way of doing business!"

 

Nice, it's towards the end... I contacted Ferrari believing that I too might have one of the last cars built and they were of no assistance. Funny that, with such rare cars and on my database and 'mygarage' through ferrari.com with the list of Ferraris on there they still aren't of any assistant. It's just annoying

 

Wow this is cool.

 

Awesome info John, thanks for sharing!

 

Wow, crazy to think the differences between a Euro and US spec could amount to that much. Thanks for sharing all of this info, great thread

 

For that money youre better off using connections to register the car illegally as a different Ferrari model. Smilar to what the guy did with the stolen f50 from algar

 

But when the time comes to sell it I think a lot of potential Enzo buyers would be concerned about the car being registered as something it's not and the cars history and paperwork being questionable. The car will probably continue to appreciate over the next few years so the cost to make it US legal will probably be covered in that sense.

 

But would some consider the car now "modified" since it is not exactly the same as it left the factory? The car left the factory as a Euro spec and has been converted to US spec. I would think this would affect potential future value, no?

 

you're totally right.

 

Fascinating story altogether - are you able to post any of the documentation confirming it as #399 ?

 

I still can't understand what means #399 when they have produced +490. Even if we could consider that Ferrari wanted it to be the last "production" car, it's clearly not #399 as they produce much more than 399. And moreover they finally have continued to produce some after. I have seen recently a very late produced enzo (ass# 591xx)

 

It means that of the "production run" that Ferrari said they were only going to make 399 of, that is the last one.

Now with regards to the other cars produced, those are not part of that "production run". Those are separate cars.

Now if some people understood "production run of 399 cars" to mean that only 399 cars would ever exist, well that's their problem. LOL

 

It is modified but I believe as long as it has all the correct documentation and that all the work required to make it US legal was done to the highest standard (which it should be for that price) then this Enzo will lose little - if any - of its value. Considering the general value of the Enzos, their rarity, plus other desirable factors such as color, mileage, historical significance, etc. I wouldn't be too worried if I was the owner.

 

Many simply refuse to understand that it is at any car factory's discretion to produce some POST-PRODUCTION cars, beyond the stated production number, for innumerable reasons, whether the public approves or not!

What part of that concept is so hard to grasp? It is what it is...

Meanwhile, IMHO, the car's value has increased, because now it can also be registered, used, and sold in the USA, in addition to many other markets. The fact that it is also 399 of 399 will be special to some people.

 

I'm sorry but that's BS. If an artist released a limited number of prints of a certain painting, let's say 50, and then after #50 of 50 is produced he releases 20 more, would this be acceptable? Would you say that it was the "artist's discretion" to produce some post-production prints?

People can spin this any way they want, but the fact that Ferrari says they will only produce X number of cars, and then in reality build X + Y number of cars is tantamount to fraud. No where else in real life can you get away with claiming to build a limited quantity of an item and then turn around and build AND SELL more than the limited number. All while still claiming to only have built the original limited number I might add!

It's not a hard concept to grasp. It's called being deceitful.

 

Your points are valid... I will share that I have 301/300 and 302/300 of a very high-profile, commissioned art project... 302 is labeled as such and the other isn't. Knowing the artist I'm aware that 50 extras were made. All are valuable, some would even say that 301+ are more rare. In this case and with the ENZO, I would argue the value is still based on what, and not the production numbers.

The heritage (Ferrari) + limited market (every unit ever made) + barrier to entry (purchase price) ensures the premium value of these cars.

 

Having extra cars made doesn't affect the value now, but what happens 50 years from now when an Enzo comes up for auction and it shares the same serial # as 2 other Enzos in the archives? Or when they try to track down what # of 399 your car is and they find that it's # 432? Will the car be dismissed as not a "true" Enzo? Will it be treated the way the continuation Shelby Cobras are viewed today? I don't know about other people, but if I spend my money buying something that's a "limited" edition, I want to know that it truly is limited to a specific quantity, not that the factory only built as many as they could sell.

 

5 F50's share the same serial number and hasn't negatively affected their value. For all we know it could add to their value in future. It's still a "true F50" at the end of the day.