Genuine question - why would you ever sell an F40?

[Trackside Junior]

Hi all

Might seem like a silly question, but I often keep an eye on what F40s are doing as I will own one day.

I've wanted one since I was old enough to say Ferrari, and every career decision I make is pretty much with that goal in mind, so I always wonder why anyone would sell one.

So I'm interested, why would you sell a Ferrari F40? Other than not being able to afford it/ the capital aspect.

[MDL111]

I guess if you do not have unlimited funds, you might sell it because you want to buy something else and need the cash (e.g. A CGT, F50 etc). I assume that not everybody can afford multiple cars that cost close to a million euros, but might be able to get one.

Or you might sell it because you had a bad experience in it .....

[RamboLambo]

I'll let you know when I've bought it first.

Would be my first choice if I ever won the euromillions

[Caruso]

You can get used to anything, and fancy a change.

[MitchT]

Some people simply bought them as investments and want to realise their capital gain.

[Yipper]

Once you've ticked the box, there is always something better, newer or faster right around the corner. Like a McLaren F1. And there will be quite a few private rockets going into space over the next 2 to 10 years.

[simonr100]

I have wanted an F40 for many years. If i had bought one 4 years ago i would be selling now to make profit or to change car.
For some people they want to experience other cars......

[70proof]

RamboLambo said:

Would be my first choice if I ever won the euromillions

???? thought you were loaded????

OP, cashing in whilst the markets very good? esp if you think a bubble exists and is about to implode.

[isaldiri]

There's a further reason linked to taking profit but not exacty the same - the car has now risen to the point where one feels uncomfortable driving a car of that value. It's a first world problem of course but still potentially an issue for some people....

[RamboLambo]

70proof said:

???? thought you were loaded????

OP, cashing in whilst the markets very good? esp if you think a bubble exists and is about to implode.

Thank you for pointing that out but I'm also quite prudent and very astute.
IMHO you should not spend more than 10% of your net assets on a car and I don't do finance

[Glasgowrob]

getting to a point where no sane person would use one every day, if I had one i'd punt it rather than not use it.

[Trackside Junior]

All very good points!

I think when I get one I'll keep my Lotus as a daily. I did also think yesterday as I was writing this post - what would one own as a daily if they owned an F40? I mean surely there can't be much that would match up to driving an F40! But then if you only take it out 5 times a year it becomes kind of irrelevant.

Agreed I think driving a car of that value is an issue. But then surely you get some instructed track days under your belt and only take it out when the weather is top notch.

[Camlet]

[redacted]

[Camlet]

Talking of F40's, was clearing out some crap and came across 2nd October 2005 edition of the Sunday Times driving section. Spot the asking price of the F40.

Hilarious.

And how everything has changed, along came the iPhone in 2007. Wait for the Sunday Times to check out what's around? Seems like 50 years ago.

[Jules360]

RamboLambo said:

70proof said:

???? thought you were loaded????

OP, cashing in whilst the markets very good? esp if you think a bubble exists and is about to implode.

Thank you for pointing that out but I'm also quite prudent and very astute.
IMHO you should not spend more than 10% of your net assets on a car and I don't do finance

According to your recent post the last 2 cars you sold have since appreciated by 30k each and the one you bought has depreciated 80k. Glad i'm not as astute as you or i'd be broke.

[Sheetmaself]

Sometimes despite being in love with a car still, you have done everything you wanted to with it and its time for a new chapter.
I had it with my g-wagen a car i never thought i would part with but there was no adventure i wanted to do with the car that I hadn't done so why keep it. Far better to open a new chapter with new experiences.

[Trackside Junior]

Camlet said:

Talking of F40's, was clearing out some crap and came across 2nd October 2005 edition of the Sunday Times driving section. Spot the asking price of the F40.

Hilarious.

And how everything has changed, along came the iPhone in 2007. Wait for the Sunday Times to check out what's around? Seems like 50 years ago.

Jesus christ!

[Trackside Junior]

Feel free to post pics of your F40s by the way guys!

[Camlet]

My F's together.

[Trackside Junior]

Camlet said:

My F's together.

Oh man!