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The F50 Thread

Discussion in '288GTO/F40/F50/Enzo/LaFerrari' started by amenasce, Dec 28, 2010.

  1. JagShergill

    JagShergill Formula 3

    Dec 31, 2014
    1,326
    England
    Full Name:
    Jag shergill
    Also , I get my F50 back on Monday from My dealership where it had been some time - Fuel pump problems but now also sorted ( new fuel pump) . Going to give her a good final blast for this year then into Xmas storage till mid Jan- I’m excited !
     
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  3. Karimsaid

    Karimsaid Karting

    Oct 2, 2014
    198
    So we already have four owners:
    1. Jag
    2. Jag’s friend with 10k miles
    3. Karim
    4. Karim’s friend Kevin
    Using 80:20, the US (55 or so dedicated plus say 20 or so imported) gives a balance of 300. Divide that by 6 big markets (UK, Germany, Italy, France, Switzerland, & Japan) and the 7th being rest of world, some 40 cars should be in the UK.
     
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  4. Karimsaid

    Karimsaid Karting

    Oct 2, 2014
    198
    Yes you are quite right. They shot more than any of the other iconic ones over the last decade and quite a jump this year.
    Using your friend’s £2.5m for a 10k miles and few others sold recently at that price range, you need to take into consideration two other value drivers:
    1. Premium associated with the continuum from Good to Exceptional (condition - perfect mechanicals, body, interior; originality - eg paint weave on bumpers and lower body; books - 10/15 service stamps; history/provenance documentation - 3 to 4 files; as new & complete accoutrements - luggage, toolkit, build book, torch, boots, hard box with soft/hard roofs various parts…)
    2. Mileage Premium: 10k miles to 5k miles or to 2k miles or to 1k miles or delivery miles
     
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  5. JagShergill

    JagShergill Formula 3

    Dec 31, 2014
    1,326
    England
    Full Name:
    Jag shergill
    I agree ….. Also , there seems to be an additional local factor giving UK cars , and esp those resident in the UK, a premium as since we left the EU , v costly to import a European residing car into the UK.
    I’m not sure what effect /affect the fact that many of the F50s are now over 25 years old ( and according to my understanding are more importable to the US ???) will have .
    On a side note , In the UK , DK engineering seem to be most active - I think I read somewhere ( although possibly on F-chat ) that they have sold 7 or so in the last year - In which case it’s a substantial proportion of UK resident cars ( probably as Karim said about the 40 range - again I’m guesstimating too)..
     
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  6. Karimsaid

    Karimsaid Karting

    Oct 2, 2014
    198
    Before Brexit lots of super cars moved between the UK and Europe, in both direction. Now no more, due to the 20% barrier.
    But this does not add any premium in the UK to, say, an F50 which is UK registered. (Otherwise Europeans could, similarly, argue the same about a premium to their F50s).
    It just means that UK F50s don’t sell in Europe and vice-versa (unless they are stored off-road, unregistered until 30 years passed).
    At 30 years (so another ~ 4 years for F50s), the tax reduces to 5%, so the UK-Europe trade will resume for these cars (but not for younger cars, eg Enzos).
     
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  8. Karimsaid

    Karimsaid Karting

    Oct 2, 2014
    198
    You are right on that one. Americans are hungry for non-US F50s.
    After 25 years, no federalisation adjustment to the cars are needed and that makes the UK, Europeans and ROW F50s an attractive proposition to the US customers as US F50s are at around 15% premium to Non-US ones.
    So they buy an F50 in the UK at 15% discount to what they would pay in the US, then pay 2.5% import tax plus circa $100k transport and other costs.
     
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  9. Karimsaid

    Karimsaid Karting

    Oct 2, 2014
    198
    Yes they extended their F40 leadership to F50s as well now. Correct, they did many transactions this year but they were not all UK cars. Many were sourced in Europe and Asia.
     
  10. jtremlett

    jtremlett F1 Rookie

    Feb 18, 2004
    4,435
    There are fifty F50s currently registered in the UK.
     
  11. Karimsaid

    Karimsaid Karting

    Oct 2, 2014
    198
    Thanks.
    That quite a lot but makes sense given that the UK is a lead market of expensive Ferraris.
     
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  13. JagShergill

    JagShergill Formula 3

    Dec 31, 2014
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    Jag shergill
    Thanks for the explanation
     
  14. Marcel Massini

    Marcel Massini F1 World Champ
    Honorary

    Mar 2, 2005
    18,681
    13,27 percent of total production.

    Marcel Massini
     
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  15. joe sackey

    joe sackey Five Time F1 World Champ
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    May 23, 2006
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    This may have been true in the past but given the current asking prices of UK F50s, and the associated importation costs on top of that, it often makes sense for a USA buyer to buy a USA F50, or, buy one of the Eu/ROW F50s already here.
     
  16. DadsFerrari

    DadsFerrari Formula 3

    May 31, 2004
    1,495
    New England
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    Mister M
    In 1995 , Ferrari was nearing VIN#....100000... was it an F50 by chance ?
     
  17. Marcel Massini

    Marcel Massini F1 World Champ
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    Mar 2, 2005
    18,681
    No.

    Marcel Massini
     
  18. of2worlds

    of2worlds F1 World Champ
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    Apr 6, 2004
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    CH
    but interestingly an F50 did get the final 5 digit serial number before the six digit numbers were issued...
     
  19. Tenney

    Tenney F1 Rookie
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    Feb 21, 2001
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  20. JagShergill

    JagShergill Formula 3

    Dec 31, 2014
    1,326
    England
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    Jag shergill
    Saw a black F50 whizz past me today in the Cotswolds ( England ) … it didn’t have front number plate but waved as approached me in my 812GTS- looked awesome !! So good hearing someone else driving an F50 as the noise was sublime …. I must admit , I slightly preferred the look of his black one to my Rosso … not sure how many black F50s in UK but that made my day !! My wife didn’t understand my excitement and explained that I was going home to one in my garage - but I tried to explain that that wasn’t the point !! Lol
     
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  21. GHG

    GHG Formula 3

    Jan 29, 2008
    1,621
    Does anyone have photos of Bardinon’s F50? I heard it didn’t have any side mirrors and a few other modifications.
     
  22. Il Cavalieri

    Il Cavalieri Rookie

    Jan 31, 2007
    43
  23. amenasce

    amenasce Three Time F1 World Champ
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    And slick tires as he only drove it on his race track.
     
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  24. amenasce

    amenasce Three Time F1 World Champ
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    Im sure there are more out there. I remember seeing it in a few french mags back then.
     
  25. amenasce

    amenasce Three Time F1 World Champ
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  26. GHG

    GHG Formula 3

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  27. Deemeyere Wim

    Deemeyere Wim Formula Junior

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    Wim Demeyere
  28. Lemacc

    Lemacc Formula 3
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