For Sale - 1978 400 #23455 | FerrariChat

For Sale - 1978 400 #23455

Discussion in '365 GT4 2+2/400/412' started by OttoB, Jan 4, 2016.

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  1. OttoB

    OttoB Formula Junior

    Aug 17, 2013
    699
    Palm Beach, FL
    #1 OttoB, Jan 4, 2016
    Last edited by a moderator: Sep 7, 2017
    Saw it listed in an advertisement in Classic & Sports Car Magazine offered by Jean Lain Vintage in France and thought it interesting:

    Jean Lain Vintage - Spécialiste du véhicule de collection - Cox - Karmann - Targa - Prosche - NSUJean Lain Vintage

    FERRARI 400 - 1978


    Marque : FERRARI

    Modèle : 400

    Année : 1978

    Prix : 104 000 €

    Demande d'information
    More informations

    Description :


    Caractéristiques

    Année du Modèle : 1978

    1ère mise circulation : 10/04/1978

    N° Châssis : 23455

    Couleur extérieure : Marron Colorado

    Couleur intérieure : Cuir beige

    Kilométrage : 83 407 Km

    CV DIN : 340cv

    CV fiscaux : 28 CV

    Cylindrée : 4823 cm3

    Boîte de vitesses : Automatique, 3 rapports

    Carnet : Non

    Origine du modèle : Allemagne

    Historique

    Nous vous proposons l'une des 354 Ferrari 400 carburateurs et boîte automatique produites entre 1976 et 1979. Dans la lignée des fabuleuses Ferrari à moteur V12 avant, cette 400 est un futur collector en puissance.

    Notre exemplaire, délivré le 10 Avril 1978, est une troisième main de provenance Allemande et dispose de 83 407 km.

    Nous avons fait une révision importante pour un montant de 11 800 euros TTC comprenant notamment le changement des amortisseurs arrières, des disques et plaquettes, des étriers de freins et des bougies.

    Garantie du véhicule

    Le véhicule sera vendu révisé et garanti 3 mois ou 5000kms

    Prix

    104 000 €

    Nous trouver et nous contacter

    Jean Lain Vintage – Showroom / 04 79 88 66 36

    11 Rue de la Dent du Chat

    73 420 Voglans

    Nos horaires

    Du Lundi au Samedi, de 8h00 à 12h00 et de 14h00 à 18h30

    *********************************************************************************************************************************************************************************



    Specifications

    Year of manufacture: 10/04/1978

    Chassis number: 23455

    Exterior color: Colorado Brown

    Interior color: Beige leather

    Mileage: 83 407 Km

    HP: 340cv

    Engine displacement: 4823 cm3

    Gearbox: Automatic

    Service book: No

    Delivery country: Germany

    History

    This beautiful 400 Ferrari carburetors and automatic gearbox has been produced in only 354 copies between 1976 and 1979. Like its predecessors V12 Ferrari, this 400 is a future collector.

    Our copy, issued on April 10, 1978 is a third hand and was delivered new in Germany and has 83 407 km. This car is currently in general mechanical revision in our workshops.

    We changed recently the rear shock absorbers, discs and pads, brake calipers and spark plugs for approximately 11 800 euros.

    Warranty

    The vehicle will be sold revised and guaranteed 3 months or 5000 Km

    Price

    104 000 €
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  2. MrKazimi

    MrKazimi Karting

    Oct 7, 2014
    150
    Kuwait
    Full Name:
    Dr. Mohammad
    I love the color


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  3. rustytractor

    rustytractor Formula 3

    Mar 25, 2012
    1,078
    London
    Full Name:
    Russell Schacter
    I know that this thread is about the car (which looks beautiful), not the selling price. Like all of us I watch the prices that these cars are being advertised for but are they actually selling ? Does anyone here know anyone that's paid anywhere near the €104,000 (£76,000 / $105,000) asking price for a 400 of any kind (excluding prototypes or oddball cars)?

    Come to think of it, does anyone know of a 400 that's sold for half of this price ?

    I'm not being negative here, most of you know my love of and commitment to these cars so for me price is subjective - I'm genuinely curious if theirs any reality here or just daydreams.
     
  4. bjwhite

    bjwhite F1 Rookie

    Mar 17, 2006
    4,685
    Seattle, WA
    Full Name:
    Brian White
    Such a beautiful color.....
     
  5. Ramboy

    Ramboy Formula Junior

    Aug 6, 2009
    769
    Stockholm
    Full Name:
    David Ramm
    Hi Russell,
    I know of a couple of 365 GT4 2+2s that have sold in Europe recently for slightly more than €100,000 (one at auction in Italy). Back in October I saw a pretty S1 400i manual at a show that had just been sold (it had been advertised at €78,000). I also heard of a nice low mileage 412 manual that changed hands for around €90,000 I think.

    That said, I see many cars on the market that are clearly overpriced, and they are not selling...

    David
     
  6. rustytractor

    rustytractor Formula 3

    Mar 25, 2012
    1,078
    London
    Full Name:
    Russell Schacter
    The highly priced cars rarely sell at the moment but the same came be said of cheaper cars - you'd think they'd be snapped up as soon as they go up for sale but that doesn't always seem to be the case.

    Take for example the 365 that sold at the NEC Classic Car Show recently for £27k plus fees (£31k in total) - not a perfect car by any means but not a fortune as a starting point so in reality was quite cheap.

    It really shows how all over the place the 365/400/400i/412 market still is.
     
  7. Pyrford Ranger

    Pyrford Ranger Formula Junior

    Jan 21, 2011
    306
    Surrey UK
    Full Name:
    Rob
    Russell when you check out the 400 carb at Justin Banks ask him about the 365 GT4 he had up for sale. that wasn't mint and was up for £50k I believe. its not for sale anymore so I guess its sold?
     
  8. rustytractor

    rustytractor Formula 3

    Mar 25, 2012
    1,078
    London
    Full Name:
    Russell Schacter
    I spoke to Justin a couple of days ago. He told me that he'd had and sold three 365GT4 2+2's in the past month.

    At least I'm pretty sure that's what he said, maybe it was the past three months but you get the picture.
     
  9. 365GT4 2+2

    365GT4 2+2 Karting

    Jan 1, 2016
    55
    Essex, England
    Full Name:
    Justin R
    I purchased this 365 from Justin Banks last month shortly after he reduced the price a little. The car was accurately described and drives very well . I have put the car into storage until the spring .


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  10. vecchio59

    vecchio59 Karting

    Nov 25, 2011
    199
    Savona, NW Italy
    Full Name:
    Marco
    Back in October (around the time of the event in Padova) I've talked with a classic car dealer I know pretty well, he has sold 2 365's in the previous 12 months, in fair conditions, for something in the range of 60 k€ (didn't tell me the exact value)
    And he was talking of raising prices, driven by demand for 'good investment options'...
    So, put your cars in a safe or bank ☺...
    Cheers


    Inviato dal mio SM-N910F utilizzando Tapatalk
     
  11. rustytractor

    rustytractor Formula 3

    Mar 25, 2012
    1,078
    London
    Full Name:
    Russell Schacter
    Which 365 are you referring to ? Do you mean the one sold at the NEC ?

    Your profile has no detail about you or your car - you are indeed a dark horse !

    c'mon, don't be coy - share some info with us. We're all friends here......
     
  12. 365GT4 2+2

    365GT4 2+2 Karting

    Jan 1, 2016
    55
    Essex, England
    Full Name:
    Justin R
    No, I bought the dark blue car, 17363, it had been in storage in Italy for some years. It's my first Ferrari having been around E-type Jaguars for nearly 40 years, I think the 365 is still good value at the moment and maybe a sound long term investment, I consider it to be equivalent to a 3.8 E-type in terms of purity.



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  13. rustytractor

    rustytractor Formula 3

    Mar 25, 2012
    1,078
    London
    Full Name:
    Russell Schacter
    #13 rustytractor, Jan 15, 2016
    Last edited: Jan 15, 2016
    I totally agree which is why I bought 17537. Mine is also dark blue - Blue Ortis

    Do you have any photos ? What's the condition of the car and where in the UK are you situated ?
     
  14. 365GT4 2+2

    365GT4 2+2 Karting

    Jan 1, 2016
    55
    Essex, England
    Full Name:
    Justin R
    By no means a show car, I am getting some paintwork done whilst it's being stored, interior is good. Will post some pictures soon. I have entered the car on the spreadsheet which I think is a great feature.


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  15. Ewan

    Ewan Karting

    Jul 5, 2015
    222
    Dorset, UK
    Just showed this advert to my wife and the decision has been made. This is the colour we will respray ours this spring. I've been thinking about this for about 6 months, going to and from keeping it the current dark blue, or reverting to the original brown. So Bruno Colorado it shall be!
     
  16. red27

    red27 Formula Junior

    Sep 7, 2010
    833
    London UK
    Full Name:
    Mark Oliver
    That is IMHO the very best colour for a 400.
    For a few moments I thought it was this one

    1980 FERRARI 400i 2+2

    Which I saw a few years ago at Guikasgtc in Marseille. That is obviously a manual and injected car though. M. Guikas was using it as his personal transport at the time and it looked and sounded fantastic. IIRC it was priced at around €45k.....which was rather ahead of the market then!

    I would love to see some pictures of your respray in due course Ewan.

    Regards. Mark
     
  17. Arvid

    Arvid Formula Junior

    May 28, 2012
    668
    Norway
    Full Name:
    Arvid Andersson
    Good choice Ewan :) The few browns available looks fantastic on these cars.
     
  18. OttoB

    OttoB Formula Junior

    Aug 17, 2013
    699
    Palm Beach, FL
    More than 18 months later, and the car still sits for sale at the same $106K asking price! And, not quite being cosmetically 100% at that (conveniently, no interior pics included within this new listing)... Talk about incorrect market speculation?!?! For a dealer to not move a car for sale in 6 months is pretty bad - this one has been there 3 x's as much and counting.

    https://www.hemmings.com/classifieds/dealer/ferrari/400a/1964891.html
     
  19. rovexienus

    rovexienus Formula Junior
    Silver Subscribed

    Jun 10, 2010
    563
    Sainte Colombe, France (near Lyon)
    Full Name:
    Jean-Michel Savary
    If you look closely at the pictures of the Hemmings entry or the corresponding Jean Lain Vintage entry (FERRARI 400 AUTOMATIC - Jean Lain Vintage), you will see that there is a 400i badge at the back of this car and more important, injections heads on the engine (therefore no carburettors). There is a picture of 23455 on f-register, the colour is close to the one in this thread and resembles the original picture when the thread was created in January 2016. The f-register picture has clear windows, a clear interior (same as the Jan 2016 pictures here).
    The car on the current Hemmings page has dark windows, repeaters on the back of the car ( à la USA) and what appears to be a wood colour steering wheel and dark brown seats. I doubt it is 23455.
    Since this car is for sale in France, the current "estimated" value for a 400A is 60.000€ and for a 400iA it is 55.000€ (ref: magazine "Rétroviseur" of July/August 2017).
    23455 was proposed at Aguttes auctions in Lyon (lot n° 281, 7 Nov 2015), estimate 80.000€ to 90.000€, did not sell.
     
  20. Ashman

    Ashman Three Time F1 World Champ
    Owner Silver Subscribed

    Sep 5, 2002
    31,683
    MA
    Full Name:
    John
    My thoughts exactly, Russell, and I was going to ask what selling prices are for, say, a 550 Maranello or even a 575. Those 100K Euro prices for an automatic 400i would be very close to what one could buy a 550 for here in the states and the 550 offers the V12 experience along with much better performance.

    I love the 400 series cars but there has to be a point where the price relative to other options becomes a factor. There is nothing comparable at $30-50K but there are a lot of other choices when the price becomes $100K.
     
  21. OttoB

    OttoB Formula Junior

    Aug 17, 2013
    699
    Palm Beach, FL
    This car is still for sale at Hemmings.com:

    https://www.hemmings.com/classifieds/dealer/ferrari/400a/1964891.html

    Besides the high asking price, I wonder what will happen first -1) the dealer will lower the price, once realizing that the car is coming up on 24 months without being sold; 2) the car will finally sell at asking price at over $100K - wonder how many potential buyers have inspected it and walked away throughout all this time; or 3) or the dealer will raise the asking price in attempting to direct the market upwardly...
     
  22. VetroresinaNL

    VetroresinaNL Formula 3
    BANNED

    Oct 25, 2012
    1,917
    The Netherlands
    Full Name:
    Vetroresina
    I have the original service book (see my sales thread) of the car this thread. I offered it to them but they are not interested...
     
  23. bjwhite

    bjwhite F1 Rookie

    Mar 17, 2006
    4,685
    Seattle, WA
    Full Name:
    Brian White
    How could someone not be interested? Amazing. I'd love to find my original service book....the only thing I'm missing.
     
  24. roger21

    roger21 Formula Junior

    Aug 13, 2015
    262
    France
    Full Name:
    Stéphane
    So, the main thing here is that the book goes back to the car...
    Put it in an envelope and stamp it, no??
     
  25. lmaldoon

    lmaldoon Rookie

    Feb 5, 2005
    30
    La Quinta CA
    Full Name:
    Lee

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