Ferrari F40 Values - Past and Present
Discussion
Maxige said:
will_ said:
Although not necessarily indicative of the full price range, the failure of the car to sell at the FoS did give an idea of the market. Will be interesting to see what the RM car gets bid to tomorrow evening.
I agree the failure to sell of that specific car gave an idea of the market, not in terms of prices but in terms of quality...this is a market that can only absorb the best cars with good and verified history! Average cars with dubious provenance will always fail to sell as most of the owners now expect to be paid big bucks just for the sake of selling an F40...I bought mine 6 months ago, I've already been offered more than what I paid. Haven't bought it to make money but to fulfill one of dreams I always had of owning an F40. Clearly I'm not unhappy seeing the car going up in value but as I always said even if the value will drop I'd still have one of the rawest, finest and most iconic Ferrari ever produced. Given the above I'll not be surprised if the F40 that will go on auction this eve will sell somewhere between 300k and the low estimate...
There haven't been many F40s sell through auctions recently but this evening's car might set an interesting price point for (arguably) the lower end of the scale.
Maxige said:
Makes total sense to me! Not a single thing on that car looked good, at least on paper...maybe live was even worst!
Bang on your estimate.In the metal it was actually fairly tidy - paint looked good, interior appeared comparable to the claimed mileage.
Interesting benchmark nonetheless.
Actually...quoting Marcel Massini from Ferrarichat, this might explain a little bit better the price of that specific F40....
"First owner and passenger reportedly killed, car rebuilt, second owner crashed and killed as well, car rebuilt again, then the car caught fire and later on it was reported stolen in Geneva, Switzerland.
It doesn't get much worse. At least it was never handgrenaded.........
Gentlemen, do your homework!
Marcel Massini"
"First owner and passenger reportedly killed, car rebuilt, second owner crashed and killed as well, car rebuilt again, then the car caught fire and later on it was reported stolen in Geneva, Switzerland.
It doesn't get much worse. At least it was never handgrenaded.........
Gentlemen, do your homework!
Marcel Massini"
Maxige said:
Actually...quoting Marcel Massini from Ferrarichat, this might explain a little bit better the price of that specific F40....
"First owner and passenger reportedly killed, car rebuilt, second owner crashed and killed as well, car rebuilt again, then the car caught fire and later on it was reported stolen in Geneva, Switzerland.
It doesn't get much worse. At least it was never handgrenaded.........
Gentlemen, do your homework!
Marcel Massini"
I've heard of that car, or one very similar, before. In about '99/'00 i was speaking to someone in passing about F40's and how i'd love one, but at £150 - £180k IIRC they were seriously out of reach."First owner and passenger reportedly killed, car rebuilt, second owner crashed and killed as well, car rebuilt again, then the car caught fire and later on it was reported stolen in Geneva, Switzerland.
It doesn't get much worse. At least it was never handgrenaded.........
Gentlemen, do your homework!
Marcel Massini"
He said he knew of one for sale at only £120k but because it had been crashed and rebuilt twice and that in one accident there had been a fatality no one was interested in buying it.
He believed that the owner would sell for £100k if i was interested, maybe less.
At the time it was still double what my F355 was worth and to be honest when i owning the F355 i couldn't quite believe i'd actually managed to buy it, so an F40 would have been such a monumental step on that it realistically was never a consideration.
Maxige said:
Actually...quoting Marcel Massini from Ferrarichat, this might explain a little bit better the price of that specific F40....
"First owner and passenger reportedly killed, car rebuilt, second owner crashed and killed as well, car rebuilt again, then the car caught fire and later on it was reported stolen in Geneva, Switzerland.
It doesn't get much worse. At least it was never handgrenaded.........
Gentlemen, do your homework!
Marcel Massini"
How dreadful "First owner and passenger reportedly killed, car rebuilt, second owner crashed and killed as well, car rebuilt again, then the car caught fire and later on it was reported stolen in Geneva, Switzerland.
It doesn't get much worse. At least it was never handgrenaded.........
Gentlemen, do your homework!
Marcel Massini"
On Fchat someone suggested it might have been the car that crashed on the Cannonball Run in Australia
http://news.google.com/newspapers?nid=336&dat=...
That rings a bell, the one I was offerred i recall being told had its accident in Aus and was brought to Europe in the hope of being sold.
http://news.google.com/newspapers?nid=336&dat=...
That rings a bell, the one I was offerred i recall being told had its accident in Aus and was brought to Europe in the hope of being sold.
100 IAN said:
On Fchat someone suggested it might have been the car that crashed on the Cannonball Run in Australia
http://news.google.com/newspapers?nid=336&dat=...
That rings a bell, the one I was offerred i recall being told had its accident in Aus and was brought to Europe in the hope of being sold.
That's a tragic story.http://news.google.com/newspapers?nid=336&dat=...
That rings a bell, the one I was offerred i recall being told had its accident in Aus and was brought to Europe in the hope of being sold.
On the plus side, free fishing clinics on Wednesday!
100 IAN said:
On Fchat someone suggested it might have been the car that crashed on the Cannonball Run in Australia
http://news.google.com/newspapers?nid=336&dat=...
That rings a bell, the one I was offerred i recall being told had its accident in Aus and was brought to Europe in the hope of being sold.
Absolutely not the same carhttp://news.google.com/newspapers?nid=336&dat=...
That rings a bell, the one I was offerred i recall being told had its accident in Aus and was brought to Europe in the hope of being sold.
andy74b said:
f1ten said:
that is a sad story. Although shows you how strong the tub must be if it could have been rebuilt after such a nasty smash.
Its not a carbon tub so easy to repair.Mike Rob said:
I am no engineer, but surely they would aim to keep the original tubular chassis, and that can only take so much bending, etc? I am sure it was all done to the utmost level but you would always have your doubts. Just goes to show how much damage cars like this can take before they are finally written off.
Presumably given the sticker price there's an awful lot of repairing that can be done before a car would be written off by the insurers. LongLiveTazio said:
Some of the classic restorations of completely wrecked cars shows how much you can do with experience, time and money.
That's not to say a repair of something like an F40 is to the same standard as a Pebble Beach winner or similar!...
I have been interested in buying another F40 so not sure if I have missed a bargain here or just been lucky. At the price it went for it is difficult to tell. If what has been said about the car on other forums then maybe lucky.That's not to say a repair of something like an F40 is to the same standard as a Pebble Beach winner or similar!...
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