Gas Monkey F40 sells for $585k at Barrett Jackson | FerrariChat

Gas Monkey F40 sells for $585k at Barrett Jackson

Discussion in '288GTO/F40/F50/Enzo/LaFerrari/F80' started by tres55, Jan 17, 2015.

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  1. tres55

    tres55 F1 Rookie
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    Seems pretty low even for a salvage title F40.
     
  2. ago car nut

    ago car nut F1 Veteran
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    Yes, but it was customized (ruined IMHO) by gas monkey garage. Custom Ferraris are not liked.
     
    mcimino likes this.
  3. tbakowsky

    tbakowsky F1 World Champ
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    People are only willing to pay what they think it's worth. Look at the 360 stradale that went for I think just over 100k. Ferraris are worth big money to ferrari fans and collectors. Others..not so much.
     
  4. tres55

    tres55 F1 Rookie
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    I thoroughly agree...but at 585k, that leaves you with a couple hundred thousand to return it to it's former glory. It would still be a pretty nice discount off of what F40's are exchanging hands for recently.
     
  5. Meister

    Meister F1 Veteran
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    IIRC, Reggie bought it for $685k a year ago.
     
  6. tres55

    tres55 F1 Rookie
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    Sounds about right.

    There's a legitimate F40 coming up in a few minutes...let's see what it pulls.
     
  7. tres55

    tres55 F1 Rookie
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    #7 tres55, Jan 17, 2015
    Last edited by a moderator: Sep 7, 2017
  8. Robb

    Robb Moderator
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    I remember watching those episodes. I like the show. I'm a big fan of OEM... So I doubted they had a buyer back then for 900k. It ended up being Dennis buying it. Looks like at a loss...

    Robb
     
  9. tbakowsky

    tbakowsky F1 World Champ
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    It didn't sell from what I heard. The car had a reserve.
     
  10. P Zero

    P Zero Formula Junior

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    That 360CS was in an accident involving the rear end according to the car fax. That's why it went so low.
     
  11. No Doubt

    No Doubt Seven Time F1 World Champ

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    Mistake imo. Europe is about to devalue Euro and 1989 F40s are legal to import to the U.S. now (25 year DOT exemption).
     
  12. CarbBoxer

    CarbBoxer Formula Junior

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    This was the first F-40 that after being modified looked worse then a Fiero replica of an F-40.
     
  13. ttforcefed

    ttforcefed F1 World Champ
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    what are the details of the 89? the description at the BJ website is as useful as 2 tits on a bull
     
  14. rcraig

    rcraig F1 Rookie

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    Depends on the bull!
     
  15. Terra

    Terra F1 Rookie
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    It's a Euro version.
     
  16. 328PWC

    328PWC Formula Junior
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    Correct.
     
  17. jlonmark

    jlonmark F1 Rookie

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    Euro and an accident on Carfax


    Sent from my iPhone using Tapatalk
     
  18. F2003-GA

    F2003-GA F1 World Champ
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    This market is amazing
     
  19. absent

    absent F1 Veteran
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    Clean title but rebuilt after accident, sold for $84k plus premium.
    Still a bargain.....
     
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  20. tx246

    tx246 F1 Veteran
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    This F40 has lots of misconceptions about it and what has been done.

    I can speak about generalities.

    I am one of VERY FEW that can say this, and even have this confirmed, but I was right next to the car just before the "incident" and also looking at the car just after.

    I think the sale price of this car was "low" for a car like this, but also know what had to be done to make it right. I think the tv documentation has hurt this car, as well as how it was presented.

    Knowing what they started with, it can all be redone, but I really question how and what was redone.

    There is far more to this car than was ever presented. Both good and bad.

    I normally say, "Everybody loves a story", but in this case, I am guessing bids didn't agree...

    Shawn
     
  21. Mr. Francesco

    Mr. Francesco F1 Rookie

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    +1.
     
  22. ttforcefed

    ttforcefed F1 World Champ
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    so the 975k no sale was a euro and accident car? interesting
     
  23. jlonmark

    jlonmark F1 Rookie

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  24. rdefabri

    rdefabri Three Time F1 World Champ

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    If I had the money, I'd buy this car in a heartbeat...I'm definitely more of a purist, but considering it had an accident, a little mods aren't a deal breaker.

    Unfortunately, I couldn't afford one if I pooped gold, so that's out.

    Do want to hear more about the "good and bad" of the car though!
     
  25. Fcar99

    Fcar99 Karting

    Apr 6, 2009
    91
    I hear this car maybe for sale ??
     
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