F40 PRICE GUIDE

A few questions:

US Spec?
Any modifications?
Maint. Records?
Any "history" i.e., damage?
Also, how much track time? And "Gentleman Track" or hard core track use.
Any add ons? Additional wheels etc?
Any missing items? (tool kit complete/doc pouch included, etc)

All or the above will effect the price IMO.

Without knowing anything about the car, and assuming nothing too bad in the history... and assuming the car is complete and in excellent condition... I would suggest the car is worth about $305-325.

Other opinions?

Disclaimer: I am a private person, with no special knowlege or training. I am not in the "business"!

 

$250,000 - $275,000

 

Not unless it's beat ...
Simon is right. Alot of factors to consider. Being tracked is not necessarily a negative. F40s are probably one of the worst Ferraris to have sit around and not be driven. 17k miles is not excessive for an almost 17 year old car. If it has all its records, books, and is an original car I would guess $325,000+. Try finding an original and decent F40 for under that (US cars). Euro cars are almost a $100k less but that doesn't do you any good here.

 

Maybe, but not too F40 have changed hands in that range in the past 12-18 months. Prices are up $50-60K and as usual the BEST examples are up much more.

Dream on.

 

If only true, the price is always determined by the sellers. However I did find this interesting on www.manheimgold.com.
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I'd say those numbers are accurate for non-US spec cars. Certainly there were no F40's made for the US before the 1990 model year and the differences are quite marked between US and non US cars, especially in the area of gas tanks - rubber vs metal/ seat belt sytems/emission controls, etc and US cars command a significant premium over non US cars. The best (in terms of value) is a US car, 1992 model year with around 4,000 miles, no stories, no tracking, no accidents. That will fetch between $375 and $400K. Work your way down from there in 10,000 increments per model year earlier and whatever discount you would apply for less than pristine condition. In amy event I doubt that you will find a US car today in any condition, other than with a salvage title, for less than $350k retail.

 

There is a difference in value between a tracked car and one that was not, this is true with any Ferrari.

 

I smile inside everytime I see a thread like this...

 

Huh? Where have you seen a US F40 for sale for anywhere near $305-325, except for Coachi's great auction find? I'm serious!

I've only found $365-4xx in my search.

Tim

 

Alex, see? I'm not trying to be a pest, but just showing that even an F40 owner was guessing values in the same ballpark that I was in my 430 thread. Probably because when he bought his not too long ago that was the market.

Now, I did check around the main car sites and saw that you are right and values are up right now, but I didn't know that when I wrote the other thread.

Back to our regularly scheduled valuations.

 

If it is a US car the whole run from 1990 to 1992 were identical in specification - however, and this is huge - the earlier US cars were really new in the sense that the factory was learning as they went along. 1990 cars had significantly greater incidences of the adhesive CF bonds breaking down, of electrical issues emerging because wiring harness were not well thought out, of seat fabrics wearing thin prematurely, seat bolts breaking, rear engine cover hinges cracking etc. As they built more cars they got better. It's the reason why 1992 cars fetch a premium of $20 -$30k over a 1990.

 

I haven't. But, most of the cars to change hands in the last 18 months that I am aware of have also been low mileage, no history cars.

I stayed on the low side because there were so many unknowns... see my many questions above. Give me answers to those and I'll revise my estimate.

From prices I've seen, "mileage" costs about $3/mile on an f40...

 

There's one in Algars showroom. Not sure what year however... It's not listed on their site either.

 

maybe just one they are storing for a client.

 

Are non-US spec cars (F40, Enzo) capable of being legally driven in the USA

 

Are non-US spec cars (F40, Enzo) capable of being legally driven in the USA

 

im sure some changes would have to be made to become DOT approved, such as airbags, lights and speedometers

 

No. They are not legal to drive in the US. You could probably fudge and import one for a year under a "show car permit" or something like that and drive it on a dealer plate but if push came to shove it could probably be impounded if found on the road. Non US F40s are also NOT eligible for conversion either. I checked with G&K before buying a US car since the non US cars were significantly less money. Funny .. they said they could do a conversion on a F50 but the F40 was absolutely out of the question. Not that they couldn't do the work but one of the governing bodies (NHTSA or the likes) shut the door on that particular model many years back.

 

i would say a good price would be 310 from a privite owner.. from a dealer 325 but i bet you could get the car for 305 like simon said. if you jew him good maybe 300..

 

You find an F40 for this price, give me a call. I'll take 2! - Tim

 

How exactly do you "jew" someone?

 

First of all ... do you have a F40 because I think your estimate is not inline with the current market. I agree with Tim ... feel free to provide details of a single uncrashed non salvage F40 in that price range.

Secondly, poor taste in your analogy and terminology regarding trying to strike a good deal. Possibly offensive to some people?