Soon to be on Copart.... F50

Pretty weak to make such a statement without providing "correct" information.

 

Value to whom? I mean, if you have a car without an engine and transmission, and this is the only one available, then I would think the value is quite high. But if you don't have a car, and just speculating on investment value, but nobody needs one, then I would guess its quite low.
With only 50 or so cars in the US, and most of them in garages, there isn't much of a demand for a new engine or transmission. So what's the value of something that nobody needs? Just my 2 cents

 

It would make a beautiful display and a spare engine for someone down the road.

You could also do what some of the guys with classics are doing and take your own engine and transmission out to protect them and then install this spare set and go have some fun.

I think it is safe to say the pre-bids have already far surpassed the value of the drivetrain at this point. At ~$225,000 or more surely the buyer must intend to keep the car whole and have it repaired.

>8^)
ER

 

Hi Jason, it is true. Our colleague should provide more info if he could. It would be quite helpfull and appreciated. I myself am in and out of auctions a few times a week, every week and can agree with him. There is always alot of speculation and assumptions between the public and the actual rules of auctions. Dealer auctions If I may add.

However, I do not not have Copart experience so I cannot comment further

 

I don't want to start calling people out here, anyone serious knows whats up.

 

Ah I got ya.

I re-read what I wrote. I should have chosen a different way to say what I said. Didn't intend for it to come off like that.

 

In my opinion this F50 would be a great buy (if at the right price) for an existing F50 owner looking to secure spare parts such as the drive train for example.

Personally if money allowed, I would only buy this F50 if I knew that it could be repaired to 100% factory standards and quality.

 

+1 spot on.

Reach out and call out someone. it's the internet and a public place . Frankly typing here is what transpires on the Internets, think you might be referring to skype when speaking ?

 

I have no dog in this hunt, but I think this F50 is still worth good money. I'd bet, that when the dust settles, some of the banter here is specifically designed to discourage bidders and is being directed by those who have real interest in this car. Personally, I actually think that in time, this cars history will make it one of the more interesting and desirable cars if repaired correctly.

 

A perfect US spec 3,800 mile car was recently bought for 765K. With the associated costs of making a no stories car "perfect" being as high as they are, for example to do the fuel bladder with labor and all parts included will run over 40K I can not see the value of this car being "worth" over 300K as an F50. However, parted out this car is worth more.

 

+1, only issue I see is that carbon tub to be fixed, but I think there are a lot of experienced people out there who know how to do this. Working with Carbon fiber is difficult. I figure it can be done and will probably cost some serious amount considering dismantling and putting the F50 back together. In the dismantling process making sure none of the connectors and expensive parts get damaged in the dismantling process can be a challenge. This would only able to be handled by a True Ferrari expert and this will not be one of those adventures.

One would figure this tub will have to be shipped to Japan or the UK to get that tub fixed by the experts. Unless someone has a contact at the factory ????

per discouraging, didnt see it in this thread just more about auctioneers disagreeing with each other at the most per auction fees, so this might not be the F50 a Ferrari connoisseur elitist wants to put in a purist garage, but for any Ferrari parts aficionado this is what it is a one time chance.

further auction details :
Just know if the bids are high enough the auction date could be sooner then the posted date, so just keep an eye on there as owner of the car or co-part might change.

Just to add a note say if the ending bid is $400,000 or what ever it is, still has to be approved by the seller, that said if the seller wants XXX,XXX just pay it otherwise the seller might just say no and your out !

 

problem with repair, no matter how good, is there's always going to be a story. If this car goes for good money then it just goes to show how much limited production adds to baseline value. Its been done before so I wouldn't be surprised.

 

looks like the car is ''on approval'',so they auction/seller needs to ok it

 

Buy it. Send it to Michelotto for some very expensive magic...

Voila...

F50GT Michelotto.

 

From numerous sources, I heard the Daniel Sadek-Eddie Griffen crashed Enzo never came close to driving the same, or instilling confidence.

 

~~~ The Griffen Enzo sources compared to driving a stock no-story Enzo. Of course, Eddie understeered it into a cement barricade with a cone underneath the front tire...

 

FWIW, pre-bidding is up a whopping $6K to $228K...offer 'em $230K and maybe you can take it home today!

 

lol

I can't see this vehicle surpassing $350k.

 

I think the "story" is what will make this car worth more than another storied F50, if there is one.Think of the James Dean car(s).So what if it is worth less than a no stories car? It will cost less as well.Who wouldnt want a F50 for half of what a perfect car costs and you can have the same experience,I would.
I think its naive of GTW to start this thread to pump the car up and think that people here arent already aware of it and know whats up with it.Thats kind of funny.
Hope it gets done and enjoyed properly.I also hope the progress is shared with us as it goes on.There isnt anything to hide with this car and I couldnt imagine someone would try to fix it and pass it off as original.So I think those worries should be let go.The story is what will make it.The car will be able to speak for itself.

 

So short of the obvious crash damage does anyone have an idea of what other type of maintenance items this car would need considering it's been driven hard and put away wet?

Am I correct in saying the running gear is very similar to the SP333?

 

Does anyone know the origins of this F50? Pre-Algar?

 

I found this thread (and many others) while doing some research on this car for my job. I work at a company that will be doing a full damage appraisal on this and another car (diff Copart) for a potential buyer at the Copart auction.

If anyone is interested in receiving a copy of the report (after sale is completed ONLY) I would be happy to send it over to anyone who PM's me. I will NOT send it before, as that's a conflict and not fair to the client who is paying good money for it. But if you guys are curious as to everything that's wrong with the car, up close and personal - I can send it over after Copart confirms to us that the bid was approved and payment tendered for the car. You have to understand that if the final bid is not approved, it will be (most likely) put back up for auction, so I won't send it until it has sold.

Only PM's will be sent, I will not read every post to find who wants a copy.

 

In the final price (not pre bid) it will sell for more than $350k. Like I said (and was miss quoted by another member to throw off potential buyers), it can be fixed cheaper than you think.

 

$230K in the pre-bidding - Monday is the big day.

>8^)
ER