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USA FERRARI F40

Discussion in '288GTO/F40/F50/Enzo/LaFerrari/F80' started by joe sackey, Jul 6, 2007.

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  1. joe sackey

    joe sackey Five Time F1 World Champ

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    Joe Sackey
    #3851 joe sackey, Jul 30, 2014
    Last edited by a moderator: Sep 7, 2017
  2. Senna1994

    Senna1994 F1 World Champ

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    #3852 Senna1994, Jul 30, 2014
    Joe I saw a beautiful F40 for sale today at Ferrari of Beverly Hills, 1200 mile example. Just stunning.
     
  3. joe sackey

    joe sackey Five Time F1 World Champ

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    #3853 joe sackey, Jul 31, 2014
    Indeed it belongs to my client who is only selling because he has two (2) F40s. I am jointly consulting with FBH to find it a new home. It is a very late-production 1992 example.
     
  4. roma1280

    roma1280 F1 Rookie
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    #3854 roma1280, Jul 31, 2014
    Would it be impolite to ask how much? Totally understand if they want to keep it quiet.
     
  5. joe sackey

    joe sackey Five Time F1 World Champ

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    #3855 joe sackey, Jul 31, 2014
    For a 1992 with 1,200 miles $1.5m is asked. However, anyone interested can contact me offline and a conversation can be had. I am consulting with one person currently, but its just a consideration at the moment.
     
  6. roma1280

    roma1280 F1 Rookie
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    #3856 roma1280, Jul 31, 2014
    Thank you for the info. Car looks great. Good luck with the sale, I doubt it will take long!
     
  7. Terra

    Terra F1 Rookie
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    #3857 Terra, Jul 31, 2014
    Last edited by a moderator: Sep 7, 2017
  8. joe sackey

    joe sackey Five Time F1 World Champ

    May 23, 2006
    57,525
    Southern California
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    Joe Sackey
    #3858 joe sackey, Jul 31, 2014
  9. joe sackey

    joe sackey Five Time F1 World Champ

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    Joe Sackey
    #3859 joe sackey, Jul 31, 2014
    Last edited by a moderator: Sep 7, 2017
    No affiliation, but, FYI the ex-Rod Stewart F40 is to be auctioned on Saturday by Auctions America in Burbank.

    Auction America's catalog says:

    "1990 Ferrari F40, Lot No. 3150, Estimate: $1,000,000 - $1,300,000

    This 1990 Ferrari F40 is chassis number 86746 and was the 60th of the 213 U.S. specification F40s produced. 86746 is reported to have been formally owned by legendary rock star, and car enthusiast, Rod Stewart and was known among many in California as the “Rod Stewart Car” because of his ownership. From 1990 to 2008, this F40 was a California car and it has been well cared for by each of its owners from the time it was new.

    Having less than 7,900 original miles, this F40 is an excellent condition. Certified Ferrari Master Technician John Heim, at San Francisco Motorsports, just recently completed its compressive major service and recommended belt service. The pattern of the carbon fiber weave is still visible though the paint job because this F40 still retains its original thin paint. The correct Speedline and Ferrari etchings are still on the wheels, the clear plastic engine cover presents very well, and the red fabric covering the carbon fiber bucket seats looks virtually new. Included in the sale is the factory F40 luggage set, all books and manuals, factory tool roll, tire inflator and car cover. This F40 is mechanically flawless and ready for countless more years of use and enjoyment."
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  10. PAUL500

    PAUL500 F1 Rookie

    Jun 23, 2013
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    #3860 PAUL500, Aug 1, 2014
    Lovely, he had a yellow Uk based one as well
     
  11. amenasce

    amenasce Three Time F1 World Champ
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    #3861 amenasce, Aug 1, 2014
    How come? They havent gone up in the last 3 months? How is that possible? :)
     
  12. joe sackey

    joe sackey Five Time F1 World Champ

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    #3862 joe sackey, Aug 1, 2014
    Yes, one would think that its common-knowledge that desirable supercars have appreciated a little over the past four years! In all seriousness, that's just the ask, and the reality is that offers can be entertained.
     
  13. ttforcefed

    ttforcefed F1 World Champ
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    #3863 ttforcefed, Aug 1, 2014
    the ask is too low
     
  14. amenasce

    amenasce Three Time F1 World Champ
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    #3864 amenasce, Aug 2, 2014
    What I meant is that I'm surprised you are not asking more/market has stabilized for the past few months.
     
  15. amenasce

    amenasce Three Time F1 World Champ
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    #3865 amenasce, Aug 2, 2014
    Agreed. But we might be biased.
     
  16. joe sackey

    joe sackey Five Time F1 World Champ

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    #3866 joe sackey, Aug 2, 2014
    I'd say its fair, all things considered.
     
  17. Camlet1

    Camlet1 Formula 3

    May 3, 2014
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    #3867 Camlet1, Aug 2, 2014
    FYI here in the UK a mint Euro spec example with 1.8K miles on the clock just sold for £ 760,000, or $ 1.27 million at current FX.
     
  18. amenasce

    amenasce Three Time F1 World Champ
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    #3868 amenasce, Aug 2, 2014
    European cars are catching up really fast. You can't find one for less than $1m unless it has 40.000kms or more /history.
     
  19. ttforcefed

    ttforcefed F1 World Champ
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    #3869 ttforcefed, Aug 2, 2014
    joe wld u say its fair because there is something slightly off with the car or are f40s finally becoming less mileage sensitive...I know (as obviously do you) a handful of f40s that traded right at 1.2 and 1.3 with 4k to 6k miles.
     
  20. Terra

    Terra F1 Rookie
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    #3870 Terra, Aug 2, 2014
    Sold for $900K hammer today.
     
  21. F40-R

    F40-R Formula 3

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    #3871 F40-R, Aug 2, 2014
    I was surprised that it sold for 'cheap' considering where the market is ATM.

    The a Dino didn't move a touch above $360k, that was also off the mark.

    Let's see how RM and the others go.
     
  22. amenasce

    amenasce Three Time F1 World Champ
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    #3872 amenasce, Aug 2, 2014
    Why so cheap?
     
  23. ttn27

    ttn27 Formula 3

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    #3873 ttn27, Aug 3, 2014
    Was it because this car was being auctioned too early and not by one of the big auction houses, like RM, etc.., at the upcoming Monterey auction?
     
  24. Terra

    Terra F1 Rookie
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    #3874 Terra, Aug 3, 2014
    Last edited: Aug 3, 2014
    Auctions America is actually a wholly owned subsidiary of RM Auctions.
     
  25. ttforcefed

    ttforcefed F1 World Champ
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    #3875 ttforcefed, Aug 3, 2014
    im sure we all over analyze these transactions but ive come to look at the US f40 market in this way:
    more than 7k miles - less than 1.1M
    between 4 and 6k mile - 1.1 to 1.3
    less than 4k miles - 1.3+

    I shld have clarified my "the ask is too low" comment. What I mean was "if it was me I wldnt sell it for anything below 1.5"
     
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