the F40 is undervalued

What I think is happening with the graph is the Pilot LM car is skewing what would otherwise be a steady increase of values from 2019 through 2021. It’s a small data sampling through those years so the particular cars would have a lot to do with the data points and may not be indicative of the market as a whole.

Image Unavailable, Please Login Image Unavailable, Please Login

 

Just to go down another rabbit hole. Any LM available and what is pricing? Thanks

 

There have been a surprising number of LMs trade hands recently, considering there were only 19 made.

74045 was an outlier at the time, price-wise, due to its race history.

Road F40s (and F50s) have generally outperformed LMs as a percentage of value, since 74045 sold.

 

The race car F40 LM doesn't belong with road cars and was listed by classic.com amongst road car data because they don't have a dedicated section for LMs.

Looking beyond the line of the graph and checking individual results, speaking of Eu F40s, the market was up-and-down from late 2018 onwards till around 2021 where it continues upwards, for example, in late 2018 F40 80161 sold for $1,545,000 (to our client), then in early 2019 F40 91464 sold for $1,017,000, in late 2019 F40 80747 sold for $1,015,956, in early 2020 F40 84662 sold for $1,220,674, in mid 2020 F40 84997 sold for $1,098,024, in mid 2021 F40 84104 sold for $1,228,005 etc. My Private Treaty data reflects a similar pattern, overall upwards of course.

 

How many of the 211 usa cars do we think are less than 3 owner cars and how many are more than 10?

 

Spent time in dubai

 

For me it wld be an immediate deal breaker. And owned by bill Cosby too? Gross.

 

You're assuming it hasn't been serviced since, or for that matter just because an F40 has low mileage it needs recommissioning?

I mentioned the Bill Cosby ownership a few pages ago https://www.ferrarichat.com/forum/posts/148993822/ and pointed out that it should have no effect on the result according to msn who assures us here https://www.ferrarichat.com/forum/posts/148984434/ that ownership provenance is irrelevant.

 

Ownership history is top of the list for me

 

I always thought it was important, but msn says no.

Seriously though, for me, the rough list of items to consider is:

- Originality of paint, interior & mechanicals
- Mileage travelled
- Matching numbers body/chassis/gearbox/engine
- Documented maintenance history and records from day one
- Complete ancillaries to include full set of original books & tools
- Past usage, road, track etc
- Current condition, specification and current maintenance status
- Delivery specification - Prototype, Lexan Sliding Windows, standard Eu F40, USA F40 etc
- Ownership provenance and number of owners
- Classiche Certification
- Previous sales record

 

For me what’s important is that the car is identical in every way (meaningful or not) to the one I own, or it exceeds market expectations when it sells. Outside of that other cars are all outliers with some issue to explain the shortfall when they sell/don’t.

 

this is a good enough list, i put Ownership provenance and number of owners at the top with Documented maintenance history and records from day one at the top, and the rest falls into place nicely.

 

86620 was owned from December 1992 to August 2012 by Cosby, who did a total of 221 miles during those 20 years.
The car was later serviced and maintained by Ferrari of Atlanta. It is red book Classiche certified.

Marcel Massini

 

Serviced & sprinkled with Maranello Holy Water and thus all it's sins are forgiven.

 

This aged well …

 

Not tulips i guess?

 

the one on PCAR thi week ended, RNM, with a buy it now of 2.2M. I know nothing about the car, but God i want one so bad....but the prices are getting out of my reach....shiot....and this one was inexpensive compared to the recent sale at over 3M....

 

Very very very rough car

 

It would be nice to see apples and apples, not oranges and apples when quoted prices, the F40 is in my view is correct at the moment when like for like examples are considered together.
A recent example would be Ian Barkaway's F40, it ticked every box... one owner.... one of the most detailed service histories on any super car I have seen...
but the mileage was high.. around 40K.. Price 1.9 USD...
I agree the 3-4 market for Super prime...but that is the same for all the super cars... just be a bit more reflective in this as there are a lot of people that read this.