Ferrari F40 Values - Past and Present
Discussion
I agree, what a waste! how could you own such a car and not drive it! The car that just sold (as long as it's been well looked after)looked cheap, evident by the fact it was snapped up very quickly. Prices will continue to rise, there's a big difference between the speculator buyers of the early days and the enthusiasts who are buying them up now. Younger generation owners that had them as poster cars on bedroom walls are now increasingly coming into the money to be able to buy these cars. They're iconic and for many is fulfilling a dream. These people are a lot less likely to part with one and as time goes on ever more people of that age will be able to buy one. I won't sell mine!
russman777 said:
If someone was to get one for an investment then that would be a great shame,the whole purpose of a car is to drive it.
I think if you sat on it for 8 years or so,you would need to buy 2 one to drive and sell the other one to pay for the fuel in 8 years time lol
I think if you sat on it for 8 years or so,you would need to buy 2 one to drive and sell the other one to pay for the fuel in 8 years time lol
Been watching F40 prices for the last year or so... I have an investment maturing in a little under 3 years that I have been referring to as my F40 fund....
If prices stay as they are now then it won't be an issue, if they go up much more then sadly I'll be priced out of the market.
I really hope this doesn't happen as the 40 has been my poster car for nearly 2 decades and I'll be gutted if I never get into one.
If prices stay as they are now then it won't be an issue, if they go up much more then sadly I'll be priced out of the market.
I really hope this doesn't happen as the 40 has been my poster car for nearly 2 decades and I'll be gutted if I never get into one.
Simple. Beg, borrow or win the lottery and own (and drive) an F40 before you leave this world.
As for its value.......non cat, non adjust lowish kms cars with good service history will hold their own. And when the US regs allow EU non cat cars to enter (mine is clear for entry in 2015) there's a whole market waiting to play.
Key in. Press starter. Warm up. A clear chunk of M25 and then open up those bloody incredible glorious turbos. Beg, borrow............you must.
As for its value.......non cat, non adjust lowish kms cars with good service history will hold their own. And when the US regs allow EU non cat cars to enter (mine is clear for entry in 2015) there's a whole market waiting to play.
Key in. Press starter. Warm up. A clear chunk of M25 and then open up those bloody incredible glorious turbos. Beg, borrow............you must.
Can you not just borrow money now and pay back lump in 3 years ?
K50 DEL said:
Been watching F40 prices for the last year or so... I have an investment maturing in a little under 3 years that I have been referring to as my F40 fund....
If prices stay as they are now then it won't be an issue, if they go up much more then sadly I'll be priced out of the market.
I really hope this doesn't happen as the 40 has been my poster car for nearly 2 decades and I'll be gutted if I never get into one.
If prices stay as they are now then it won't be an issue, if they go up much more then sadly I'll be priced out of the market.
I really hope this doesn't happen as the 40 has been my poster car for nearly 2 decades and I'll be gutted if I never get into one.
TISPKJ said:
Can you not just borrow money now and pay back lump in 3 years ?
I'm sure I could, but I have a fervent hatred of being in debt... if I don't have the money then I don't buy, as simple as that... I've waited this long, I can wait a little longer.K50 DEL said:
Been watching F40 prices for the last year or so... I have an investment maturing in a little under 3 years that I have been referring to as my F40 fund....
If prices stay as they are now then it won't be an issue, if they go up much more then sadly I'll be priced out of the market.
I really hope this doesn't happen as the 40 has been my poster car for nearly 2 decades and I'll be gutted if I never get into one.
If prices stay as they are now then it won't be an issue, if they go up much more then sadly I'll be priced out of the market.
I really hope this doesn't happen as the 40 has been my poster car for nearly 2 decades and I'll be gutted if I never get into one.
Vroom2 said:
roygarth said:
Agree, I bought my 993RS for £38K with 30k miles on clock. Its now got 60k miles on clock and is worth c.£100k. If I'd stored it it would be worth c.£125k...but I would have missed out on 30k miles of motoring nirvana!
The 993 RS is a real beauty, but is it 5 or 6 times the car that a 996 Carrera 4S is? The price is that much higher. I guess it depends on how bad you want it!Vroom2 said:
If the Indians and Chinese.....
IF my granny had wheels, she'd be a bus, etc etcWho's to say the Chinese don't all go bust and sell what they already own. I'd be amazed if they keep going up on a relative basis once people stop trying to stuff money anywhere they can to beat 0.0% interest rates and volatile stock markets. Just a thought - they'll need to be pushing 700+ by the end of the decade just to keep up with inflation. That all said - you can't the S&P 500 to Le Mans every year (or get the french AA to trailer it back ), and I'm sure a 458 is a far quicker way to lose £100k!
Vroom2 said:
What you can find in Czech republic these days...456GD said:
What you can find in Czech republic these days...
Asking 800k Euro and yet you can't make the effort to take it outside for some decent photo's.... Can't understand these people.BTW - this car will almost certainly need serious cash to make it driveable and reliable. I'd much rather have the one I drove last year (8,000 miles and well maintained). Asking price then was exactly half of this Czech car (going with the ad on mobile.de for €780k). Still pissed I let it go, she sold for 20% more 8 months later.
Onno
Edited by JazzyO on Sunday 16th December 14:41
Scrimper said:
Prices will continue to rise, there's a big difference between the speculator buyers of the early days and the enthusiasts who are buying them up now. Younger generation owners that had them as poster cars on bedroom walls are now increasingly coming into the money to be able to buy these cars. They're iconic and for many is fulfilling a dream. These people are a lot less likely to part with one and as time goes on ever more people of that age will be able to buy one. I won't sell mine!
I believe this will be the case. In the same way I believe the Zonda will similarly jump in price once current teens and kids get into money (although it might be different due to the larger starting price).Gents I believe its all down to demand supply and age of buyer. the person that buys a f40 (aside from Jamie) probably saw one sitting in his mates dads garage when he was a kid or had a poster of one ect...in other words this is the cool car he wanted when he was young .....that buyer is now 50+ and has loads of dosh and wants a really cool appreciating asset as a car that not every city trader with dosh and a spare Friday afternoon can buy hence demand is increasing and suppy is fixed you figure which way the price will go...
lgargour said:
Gents I believe its all down to demand supply and age of buyer. the person that buys a f40 (aside from Jamie) probably saw one sitting in his mates dads garage when he was a kid or had a poster of one ect...in other words this is the cool car he wanted when he was young .....that buyer is now 50+ and has loads of dosh and wants a really cool appreciating asset as a car that not every city trader with dosh and a spare Friday afternoon can buy hence demand is increasing and suppy is fixed you figure which way the price will go...
+1, uncannily.What I will never understand is folk buying one of the best driver's cars of all time but putting such a premium on low miles.
It seems ludicrous not to want to get out there and drive the thing. If I was in the fortunate position of owning an F40 it'd be used hard and fast on road and track whenever humanly possible. Might as well own a model otherwise.
It seems ludicrous not to want to get out there and drive the thing. If I was in the fortunate position of owning an F40 it'd be used hard and fast on road and track whenever humanly possible. Might as well own a model otherwise.
JazzyO said:
456GD said:
What you can find in Czech republic these days...
Asking 800k Euro and yet you can't make the effort to take it outside for some decent photo's.... Can't understand these people.BTW - this car will almost certainly need serious cash to make it driveable and reliable. I'd much rather have the one I drove last year (8,000 miles and well maintained). Asking price then was exactly half of this Czech car (going with the ad on mobile.de for €780k). Still pissed I let it go, she sold for 20% more 8 months later.
Onno
Edited by JazzyO on Sunday 16th December 14:41
I want one. At some point I will have one....but is the problem that ultimately they are not that rare and a barely keeping pace with inflation?
I can see how they are "worth" 400k now - I can't see what will leap the F-40 over all other choices up to the 1m plus (other than inflation). Having said that I have no clue how or why some E-types are around 100k give the volume.
"When it was introduced in 1987 (with its production of 1,315 units running through to 1992) the F40 was the fastest, most powerful and most expensive Ferrari sportscar ever to come out of the gates of Maranello factory."
I can see how they are "worth" 400k now - I can't see what will leap the F-40 over all other choices up to the 1m plus (other than inflation). Having said that I have no clue how or why some E-types are around 100k give the volume.
"When it was introduced in 1987 (with its production of 1,315 units running through to 1992) the F40 was the fastest, most powerful and most expensive Ferrari sportscar ever to come out of the gates of Maranello factory."
chevronb37 said:
It seems ludicrous not to want to get out there and drive the thing. If I was in the fortunate position of owning an F40 it'd be used hard and fast on road and track whenever humanly possible. Might as well own a model otherwise.
I don't know your personal circumstances ( ie how much money you have ) but I don't think you would, I used to love a track day, did a few in my GT3 and loads in my old 993, prior to that think I did one in a new boxster, I have done none in the 355 and doubt any in the 360.To me as the stakes get higher the risk reward just does not stack up, imagine saving most of your life for your £400k F40 and then having an off on track, I would imagine it would knock maybe 100k or more off of its value.
Not exactly a cheap day out :-) I can see both sides of the story but unlikely my F40 will be doing track days unless I had 3 or 4 of them or funds equal too.
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