Ferrari F40 market analysis

I agree, for high mileage cars or with questions this is the case., they are a hard sell

 

I think the market has leveled off for all cars, not just cars with higher mileage, a year ago 84116 with just 600 miles would have brought $3.5m plus instead of $3m IMO, and there are currently low-mileage F40s and F50s that are taking a long time to sell (ie 6 months or more), so the market's 2022 trajectory has clearly slowed as supported by the sales data, that said, overall the market is still quite strong and great cars command good interest of course.

 

I agree, the point was how important mileage is and this has not changed., rightly or wrongly., a half price F40 because it has done 1800 miles per year vs 50 miles per year

 

...and real drivers benefit again

 

Anyone have general history of the car regarding the low mileage 1990 euro car that sold for 3? Thanks

 

Not much history for a car driven an average of just 18 milers per year over the last 33 years, that said it's one of those lucky cars that wasn't messed with but was correctly looked after, and upon our inspection was determined to be very original throughput. It's now been serviced and Classiche Certified by Ferrari of Newport Beach and will stay in a West Coast collection.

 

As posted previously by msn barkaways.com £1,650,000 is asked for this F40 with 43k miles and yet 89047 looks better than some examples with a fraction of the mileage.

 

Bonhams : 1990 Ferrari F40 Chassis no. ZFFGJ34B000083961 went for roughly $2.2 mil. one of the issues with this one will be it pays heavy duties where ever it goes

 

Not unless it goes back to Japan.....or to Hong Kong!

 

I see it is one of the rare non abs examples!

As much as I really love these cars, I have seen better build quality on soviet era tractors....... and before the usual "they were race cars" defence, no they were not, they were very expensive road cars never meant to actually compete in anything.

So the tide has finally reached the high water mark and is slowly receding? or are all the dross examples trying to be shifted at premium prices just before it does, which itself could cause that to actually happen?



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look at the build quality of virtually any vintage and unrestored ferrari, and you will see similar issues.
if you dont like it, no worries, plenty of others do...

markets ebb and flow, and the f40 mkt will likely follow similar patterns as all others - it rose quite a bit, reached a new high, will retreat from that high to about 50% of the gain from the previous high, and will then resurge at some point to eclipse that last high - basic fibonacci.

 

I still struggle with F40 values on a relative basis. 1,300 cars is quite a lot when one compares to other collectible icons.

I know, a Ferrari is a Ferrari, but still….

 

It’s arguably Ferraris best and most important road going car. The cars will need to be restored like any other vintage car. The F40 is a first go at composite materials for a “Road Car”

How could that be perfect first try? The charm is exactly that they ARE NOT PERFECT AND CLEARLY EXHIBIT HAND MADE IMPERFECT FEATURES LIKE OLD FERRARI PROTOTYPES. It was experimental by definition the end of the day.

Enzo’s last car, the only one with actual sports car racing history out of the supercar series, and has a few variants. Most importantly, they are nearly perfectly proportioned, tiny cars that are relatively simple.

Nearly 800 of the 275 GTBs? 2100 Countach’s? 1300 CGT? Price fluctuations aside, the F40 is pretty special and quite unique in the supercar world.

 

They also built roughly 1'300 Daytonas (365 GTB/4).
Similar number.

Marcel Massini

 

I understand and agree with all the things you mentioned which is why I referred to my struggle being on a relative basis - especially since my own collecting habits span across various brands.

 

No worries, there will be F40's available at auctions during the Monterey car week.

Marcel Massini

 

i think what you meant to say was 'unless it returns to Japan or HK."

if it goes to the usa then its a paltry 2.5%.
but everywhere else it will be something like 20%, which is half a million $ more/less....

 

Ummm.....yep, thats what I meant.....

 

F40 floor mats available anywhere? thanks

 

Driven just 61 miles in the last 6.5 years.
(I understand 86498 was at Mecum's in Glendale/CA 28 March 2023 where it remained unsold).

Also, there will be more than just one F40 at the various Monterey auctions.

Marcel Massini

 

I have a fraction of the F40 knowledge compared to most here, but this is a special car. It rose recently in value, some average cars fail to meet reserve lately. Global economies impact these numbers in my opinion. However, in the future, the values of these stunning cars will rise and rise. It is the penultimate Ferrari. Personally, I love it and am not too fond of the F50. This is known in my family as "The King". Short term lulls in the market now, but will far surpass these numbers in the near future. If I had the money, I'd buy the best one i could afford now and grin from ear to ear in a year or two.

 

Excellent update.

Given that 1,300 F40s were built there are always several handfuls for sale and the Monterey auctions always have multiples.

Currently a quick scan of my notes shows over 20 F40s that are publicly available, and I personally know of @ 6 F40s that can be acquired privately though the latter number is a fraction of what's universally available.