Did anyone here inspect the car in person?
I looked at this car seriously a year ago. Most of the carbon fiber (including) the tub is damaged from UV. The worst I have seen on any F50. It did have a relatively fresh respray and the new engine did solve many of the gremlins but not all of them. This was before the car was sold to the owner that wrecked it. I think the seller did very well considering what the asking price was for the car a year ago with no takers.
I think the insurance company got off very light. The car sold for around $600K a year ago. The car needs at least $200K in parts to make it right, assuming the tub is OK.
Thanks...perhaps I need to put my nut on Elektronik, Autos, Mode, Sammlerstücke, Gutscheine und mehr Online-Shopping | eBay.
I was thinking the same number or slightly higher. I have a friend that owns a company that builds carbon fiber boats so he has all the equipment and expertise to have repaired / replaced those bits, and I know a great Ferrari mechanic that I planned on having do the rest. I flew up with a carbon guy to check out the car a couple of weeks ago, and there are areas of delamination (possibly collision related, could have been age/stress) on the front of the tub that will require extensive repair to make them right. I can't see paying $446k plus fees/transport, then getting the car redone properly - he should have just bought a nice one to begin with!
Am I missing something? Why is everyone so surprised at the price? I would have thought the damage could be sorted for 300k usd easy, and don't US sorted F50's go for approx 1.5m USD in the US? So the buyer would be into a storied F50 for half price? Seems like a very good deal to me as long as he gets the work done properly. What I don't get it why someone would export the car to Europe where F50s seem to trade around the 600-750k EUR mark. In this case, post import duties and repair costs, it would just make more sense to buy a sorted car
If you are going to compare apples to apples, make sure the apples are really the same. This F50, according to the market, wasn't anywhere near the $1.5M valuation you just suggested even before this accident. The reports are that the car had changed hands for less than half that within the past year. Yes on this - I don't get the idea of this car being sold to Germany now. Like I said - the story on this one is far from over (unfortunately). >8^) ER
This one had just been listed at $695 before it was crashed. Someone on here stated that they were to be the new owner. After the salvage title, I can't imagine it will increase in value. Poorly bought by the new owner. Math just doesn't make sense.
Since then F50 values have climbed even more. An F50 in perfect condition is 1.5+. Even in Europe they have gone from 500k to 700k+.
The price makes sense then, even if it's going to be a rebuilt car. I suspect a good shop in Germany will do a masterful job
I heard this particular car traded in the last couple of years for $600k. Even if you said prices have increased since then, I believe that's negated by the crash history... so the "winner" will have $500k in the car when it comes out of a container in Germany and they'll still have $150-200k to get the car put together (if not FAR more by sending it to Classiche).
Amazing how there can be such diametrically opposed views of the exact same car, post accident its a wrecked money pit example of a car that was not very nice anyway, and which the new owner will take a bath on, then post repair its a desirable example, proven to be worth well over a million dollars!!!!
104799 at Casa Ferrari in Pebble Beach, 17 August 2019. Marcel Massini Image Unavailable, Please Login Image Unavailable, Please Login
104799 before and after. Compare shape of cut out. Some carbon fiber has been replaced. Marcel Massini Image Unavailable, Please Login Image Unavailable, Please Login
I have yet to see an F50 carbon chassis up close, are they all that bad? looks like bolt on cosmetic components over the top to hide the poor quality of the actual chassis.
The quality is OK for 1995-97. It is no Pagani for sure. The bolt-on component in question here sits on top of the 12V battery under the front clam, so it hides the comparatively messier wiring below. It is also shaped in a way so as to provide a bit of storage space. In that sense, it's a dual-function cosmetic panel.
Thanks both, not great really, even if they were built back in 1995, the shape and fitment of those cover parts is dire, not even to home build kit car standard. I know with Ferrari it is all about the engineering and you get the body for free but no finesse at all there. Mclaren F1s were built at that time, I expected the F50 to at least be close to their level of finish.
The VIN picture of #4746 seems to be missing the upper carbon fiber panel, so you only see the mat around where the VIN is mounted. That is probably why it looks different than the original on #4799. Will