ZR Ferrari F40 for sale

[Alak]

I think it's funny that people criticize exotic owners for hard parking their cars and when someone finally comes along that drives the shit out of his factory built race car it's a total write off for some reason.

[rx7_turbo2]

Originally posted by Alak
I think it's funny that people criticize exotic owners for hard parking their cars and when someone finally comes along that drives the shit out of his factory built race car it's a total write off for some reason.

I don't have any issue with an owner driving the shit out of their Supercar, it's their car to do with what they please. The statement was about how collectors of these cars, who are willing to pay a premium above the normal going rate probably wouldn't consider any car involved in an accident, no matter how first class the repair was.

Is this F40 worth big bucks, well that's relative I suppose, but most would agree yes. Is it worth a healthy premium over cars with lower kms and no accident history? Probably not. But I guess it's worth what someone will pay ultimately so.......

[HiTempguy1]

Originally posted by Alak
drives the shit out of his factory built race car it's a total write off for some reason.

Crashing your car != driving the shit out of it.

Biiiiiiiiit of a difference.

[Alak]

I agree with you 100% rx7. Watching the Ferrari market is a hobby of mine. The car is only worth what a buyer is willing to pay. That is pretty much the number one fact about Ferrari resale. I just find it interesting that everyone is quick to point out the flaws of the ownership because of the source of the sale. Honestly, he can ask whatever he wants for the car. And we'll probably never know what it sold for.

[googe]

Originally posted by speedog
Man, I am continually learning new things by reading these beyond forums - never in my wildest dreams would I have believed that there were so many F40 experts on these forums or that there were so many that had first hand knowledge of ZR and his vehicles.

I will sleep soundly tonight knowing this, thanks guys.

Originally posted by redline

Originally posted by importracer1


HAHA that made me laugh. A +++

Next time I'll make sure to ask the experts here at Beyond when I'm in the market for a Ferrari.

That would be funny if there weren't actual Ferrari experts posting in this thread...

Instead, it makes you look kinda silly

[speedog]

Note that I said F40. Regardless though, I would surmise that many that profess to be F40 or even Ferarri experts really aren't. Someone like rage2, yeah, trying to pull the wool over his eyes on anything Mercedes related would probably be folly. That said, who are the real F40 or for that matter, Ferrari experts in this thread - I'm curious.

[rx7_turbo2]

Originally posted by speedog
That said, who are the real F40 or for that matter, Ferrari experts in this thread - I'm curious.

I still fail to see why you have to be an expert on all things F40 to be able to comment on how it's your opinion that collectors of these cars probably won't be willing to pay a premium for one that's been in an accident

Conversation about suspension geometry, engine components etc, sure experts needed. "Hey quickly looking at the market this car looks overpriced considering it was in an accident" Do you really need to be an expert for that?

[you&me]

Originally posted by Alak
...I just find it interesting that everyone is quick to point out the flaws of the ownership because of the source of the sale. Honestly, he can ask whatever he wants for the car. And we'll probably never know what it sold for.

I don't think anyone is pointing out the flaws of the ownership, but the fact is that this car is well-known locally to have been a) driven hard (nothing necessarily wrong with that) and b) been in a major front end collision.

Higher mileage than average + unoriginal modifications (good luck getting the car red booked) + known accident history + above average asking price = tough sell.

You don't need to be an expert (or even pretend to be one) to do that math.

[Alak]

Originally posted by you&me


I don't think anyone is pointing out the flaws of the ownership, but the fact is that this car is well-known locally to have been a) driven hard (nothing necessarily wrong with that) and b) been in a major front end collision.

Higher mileage than average + unoriginal modifications (good luck getting the car red booked) + known accident history + above average asking price = tough sell.

You don't need to be an expert (or even pretend to be one) to do that math.

All Excellent points. What would you think would be a fair asking price and what would you think would be a fair sale price?

[rage2]

Even a Ferrari expert won't be able to nail down a fair market value. It all depends on who's looking for one at the moment, how much money they have laying around and want to blow on a car, and what other cars are on the market. It fluctuates so wildly and unpredictably that it's impossible to guess what it will sell at.

Just look at all the high end auctions and their estimates, by the time the hammer drops it's either it didn't meet reserve or it's sold at way over the estimates.

[Alak]

I'm just curious what a good asking price is if 1.3 is too much - based on what we know about the car now. I initially had forgotten it was in an accident.


But I know what you mean rage. I looked at a Testarossa last year for under 100k. Similar cars have a 1 in front of the price less than a year later. But again, asking price versus actual price paid vary greatly.

[you&me]

Originally posted by Alak
I'm just curious what a good asking price is if 1.3 is too much - based on what we know about the car now. I initially had forgotten it was in an accident.


But I know what you mean rage. I looked at a Testarossa last year for under 100k. Similar cars have a 1 in front of the price less than a year later. But again, asking price versus actual price paid vary greatly.

Sometimes it's not about the asking price, because price-conscience shoppers at this level are few and far between... Regardless of the 'attractiveness' of the price, paying for quality will win out 99/100.

As I said in my first post in this thread, there are F40s available that have less than 1/3 of the mileage, with full / clean history and Classiche certification for ~10% more than this car... Let's say $1.45mm US.

Now, I'm not an expert ( ), but I would guess that with 3x the mileage, unoriginal mods / lack of Classiche and significant accident history, the car should be worth 30%+++ less than the car(s) mentioned above... Give or take, that makes it a million US. And even at that, possibly a tough sell.

I think the "right" buyer for this car is a guy that already has a very nice F40 and wants a second one that he doesn't have to worry about thrashing a bit...

[Alak]

Originally posted by you&me


Sometimes it's not about the asking price, because price-conscience shoppers at this level are few and far between... Regardless of the 'attractiveness' of the price, paying for quality will win out 99/100.

As I said in my first post in this thread, there are F40s available that have less than 1/3 of the mileage, with full / clean history and Classiche certification for ~10% more than this car... Let's say $1.45mm US.

Now, I'm not an expert ( ), but I would guess that with 3x the mileage, unoriginal mods / lack of Classiche and significant accident history, the car should be worth 30%+++ less than the car(s) mentioned above... Give or take, that makes it a million US. And even at that, possibly a tough sell.

I think the "right" buyer for this car is a guy that already has a very nice F40 and wants a second one that he doesn't have to worry about thrashing a bit...

Thanks for the insight. I would have estimated a sale price much lower than 1M based on what I know about F40 sales, I'm not an expert, and what I know about this car (prior to accident knowledge).

[importracer1]

Originally posted by googe








That would be funny if there weren't actual Ferrari experts posting in this thread...

Instead, it makes you look kinda silly

i didn't know so many beyond members were at the scene of this horrendous accident.

The only damage was to the front splitter, which is why the euro bumper was added. And the windshield wad broken. The accident was never claimed. The fix was to replace the US bumper with the euro spec and replace the windshield.

And as for the mods, I honestly think they look great.

[you&me]

FWIW, there was another modified F40 put for auction last week.

Many experts (yes, real ones) feel the car's sale potential was extremely limited due to the lack of originality and as such was a no-sale at just over $1mm US. And even though it was a supposedly-less-desirable 1990, it had half the mileage and no accident history...

There's also another 1992 F40 for sale in Canada, with far lower mileage and impeccable history... For not much more than the ZR asking price... I wonder which will find a new home first?

[cosmok]

Is it a feature to be always going at least 10 MPH?


» Click image for larger version

[rage2]

Yea, a lot of old school gauges are like that.

[98brg2d]

For anybody wondering how this car stacks up:

http://www.pistonheads.com/classifie...rs/ferrari/f40

The article saying the newer cars are more desirable is wrong; non-cat, non-adjustable are generally more desirable than newer catted, adjustable suspension cars. Lots of collectors also won't touch a car without Classiche papers.

[you&me]

Originally posted by 98brg2d
For anybody wondering how this car stacks up:

http://www.pistonheads.com/classifie...rs/ferrari/f40

The article saying the newer cars are more desirable is wrong; non-cat, non-adjustable are generally more desirable than newer catted, adjustable suspension cars. Lots of collectors also won't touch a car without Classiche papers.

There are two schools of thought on this. On one hand, the non-cat, non-adjustable cars (I'll do you one more and add the cars with lexan windows) are lighter and supposedly more "pure" and therefore, supposedly more desirable.

On the other hand, anyone that's been up close to an F40 knows that "craftsmanship" and "quality control" were abstract ideas to Italians in that period, so the thought is that the later the car, the better the factory got at clobbering them together.

Additionally, the US cars are all later cars and due to their importation restrictions, the supply is limited and therefore the prices are higher.

If it were my money, I'd happily take a well-maintained, say 30,000 km, original, accident free, early Euro car (non-cat, non-adjust; not sure about the windows).

That being said, there is no doubt that theoretically, the most valuable F40 in the world would be a delivery mileage 1992 US-spec car.

[rx7_turbo2]

Originally posted by importracer1


i didn't know so many beyond members were at the scene of this horrendous accident.

The only damage was to the front splitter, which is why the euro bumper was added. And the windshield wad broken. The accident was never claimed. The fix was to replace the US bumper with the euro spec and replace the windshield.

And as for the mods, I honestly think they look great.

Right, so it was in an accident, and the mods while you think they look good generally have a negative on resale. Exactly what everyone has been saying lol.

"Don't worry about the premium I'm asking, it was only a small accident that was never claimed and the non original parts that collectors of these cars find less desirable look good so..."