https://bringatrailer.com/listing/ferrari-f40-engine/
this car has now hammered for $3.58, and arguably has some further costs before it can be legally driven, so closer to $3.7 as cost to the buyer..... so 3 sequential auction results for similar cars, each with a higher price, over an 18-24 month period... hmmmm sure looks like a rising mkt to me but, lets see some cheaper examples that may be on the market. i have friends looking for lower priced cars.....
I think it's 3.58 before the duty of 2.5% (Im told this is needed because it was a Canada car and the duty is required). So now you are around 3.7 and there are always items a new owner may wish to address.
Car sold for $3.25. Seller netted $3m maybe a smidge more maybe a smidge less. At least it sold tho….. I wonder if they can make it over the boarder before tariffs. Maybe it stays in Canada? Seems like an American could land a much better deal than this on American soil at this juncture.
It is what it is and certainly nothing to sneeze at. That puts it at the very top value wise of almost all vehicles ever created despite high volume. It’s extremely important historically.
They do, import duty is for any vehicle new or used, at present 2.5% to import from anywhere...if targeted tariffs are higher you could get around them with a used car by exporting it from somewhere else. Details here: https://www.cbp.gov/trade/basic-import-export/importing-car
I generally don't 'imply' anything where the F40 market is concerned, I simply report factual market data based on auction result facts or private treaty sales results based on my personal sales of apparently more F40s than any other single entity worldwide besides our friends DK Engineering (we've sold 7 in the past 12 months, 3 so far this year), and the exchange of data with numerous colleagues worldwide. Therefore my sales data and unbiased market view is much different from, say, the very biased and subjective view of a single owner talking up the market, the latter is often based on theories and a healthy dose of wishful thinking. My take on the F40 market is, I'd say since August 2022 when one USA F40 sold at auction for $3,965,000 by Gooding and another sold for $3,855,000 by RM, the F40 market has been just about the same, strong overall and not trending downwards, but generally level with a few peaks & valleys here & there. Case in point the RM F40 from last week sold at $3,580,000 which sold for low estimate (as did the F50) and would likely have brought more a few years ago. These days I'm not posting as much as I used to here, but I'll continue to report future sales, speaking of which, our latest sale posted yesterday https://www.instagram.com/p/DGsEbavO5uI/?hl=en&img_index=1
Approximately 10,000km. 80211 was on the market for >6 months. Eventually, they all find a home. Even if that's just at another dealer - https://longisland.ferraridealers.com/en-US/a/used-ferrari/f40/ZFFGJ34B000080211-1738116215488
That’s a great Number. It appears to be on a run. My prediction (fire suit on), the 5 mil mark (for non LM street cars) , will be the tipping point.
Try bringing in an old collector car to Australia, 10% GST is palatable but there is a further 33% Luxury Car Tax which exists to protect (now non existent) local manufacturers. Whats that if not a tariff?? The absurd stupidity is nobody will ever import an F40 at those punitive rates, therefore the government collects 33% of nothing. Australia needs a (thought out) DOGE, they spent A$24,000,000 on a kind of "tripadvor" review app on Doctors. There are 20 Doctors registered on it.
There is another US Spec F40 tapping the US market silently with nearly 1800 miles one owner from new
