I don't know if there is a thread on this,certainly not in my time here. What is the concensus regarding the value of our cars in the driving position? Is a LHD worth more than RHD or doesn't it matter?..and has it showed at auction or elsewhere? I'm not talking about conversions here,only how they came from the factory.
The value of RHD 250 GTO 3505GT doesn't seem to have been affected too much, even though it was sold in the UK, destination US (or sold by UK based Eric Heerema to Craig McCaw in the US).
Are you talking only about Ferrari? I would think that LHD cars are more valuable but am not sure. My common sense says that because the market is so much larger for LHD cars that they would also be more valuable as a result. I know for Aston Martin LHD cars are far more valuable. But that is because as an English car brand most Astons were RHD cars so factory made LHD cars are just so rare that makes them much more valuable. Other thoughts?
Yes,Ferrari only and I probably should have stipulated "cooking" models only,not the limited(relatively)production type. To your remark re LHD market,yes much larger market BUT many more produced(using my change of question above). I guess you then have to factor in,of the lesser models(like mine),the number that have been chopped to make rep's.
There are some countries that will only register RHD cars. There are far fewer RHD cars manufactured than LHD cars. Therefore, for the right buyer, in the right circumstances, a RHD car might be more valuable. At least that's my hope, as I own a RHD car.
For road cars and those who want to take their classic to buy the croissant on Saturday morning it is important as the steering wheel on the wrong side ( so long you can register the car) is a pain , to see behind or in front etc. If you are racing cars, it is totally indifferent and you are supposed to be able not only to drive right, left , or center ( very few cars ,,but some) but also to shift the gearbox with the right or left hand ( although few RHD cars have right hand gearshift, Bentley Continental R and Ford GT40... Come to mind although quite different beasts!). In the fifties a lot of race drivers were still driving RHD Ferrari not only on circuit but also on open road . Finally as we all know, still most of circuits drive clockwise and therefore have globally more RHD corners, like Le Mans for example, or SPA to name a few and a RHD car is better for placement of the car in those curves. Ultimately for race car and GT classic cars, should not matter and the more modern they are and used as a contemporary car, the more it affects usability and price.
Ferrari 250P, 330 P2, 330 P3, 412P, 330 P4, 312P, 512S and 512M were RHD with right hand gearshift too.
Umm fellas,we're not talking racing cars here,just normal production road cars that come for sale either privately or at auction.
Pre 1955 (or thereabouts ) it makes no difference, as most Ferrari were RHD prior to mid 1953. After that date a RHD car is worth more in a RHD country and a LHD car more in a LHD country, generally speaking. However if I had say a 275GTB/4, it would probably attain a better price on the open market in LHD. Hope that makes it clearer.
Only perhaps on that idea,though certainly in GB and Aussie. In Aussie there are quite a large(relative,of course)number of L to R converted cars around. Indeed one of those is still for sale at around $180K and has been for quite some time. It is my perception that the Japanese and to a lesser extent,the Unzudder's would prefer to purchase LHD,though they are RHD.Not sure about South Africa. As I understand,that is to be more attractive TO LHD countries in a resale situation. Again,I am more than happy to be howled down.
I would assume that a RHD Dino or Daytona in the US would be worth less as it would be less desirable in that market and anyone buying from a RHD market would have to factor in shipping costs and possibly import duties?
...........................which,at the moment are probably well worth while,re the freight. What import duties do you incur in the UK? In Aussie,if it is older than 30,they don't apply.(I think I'm right,there)
On the other hand. With the Pound being so strong, I know of a deal regarding a Dino and Daytona that were recently purchased in Melbourne and shipped to the UK. And I believe the tax was approx. 5% for the UK Side.
+1 And lets not forget that in some cases, RHD is much rarer than LHD, I am thinking both Daytona Spiders and F40 Coupes (dont know about others) and rarity drives value, to an extent.
Thanx for that,just to clarify:there is,A/ LCT and GST to pay to import a 30 year or older car into Aussie. There is :B/ No duty to pay on an older than 30 years car into Aussie. From the taxations' horses mouth...it has been that way for many years. The LCT is a stinger,though.
1992 Ferrari F40 RHD - For Sale At Talacrest - Talacrest had one (ex. Brunei) Spotted: Ferrari F40 - PistonHeads (7 built for the sultan?) Also read claims he had at least one RHD F50..... He was "kicked out of the family" pre Enzo so their wont be any RHD Enzo's....... They do exist but like any good story what is real and what is fake.
The duty element is only 5%, so the exemption is no big deal. But the "luxury" tax at 33% on every dollar over $57,000 cripples the import of any historically interesting Ferrari into this country. That was a tax imposition to protect Holden/Ford from BMW, Audi and M-B and its now about time vintage collectible cars were exempted. By all means if you want to protect local manufacture have a tariff on cars up to 5 years old. Exchange rates of late have seen quite a few precious old cars exported, likely never to return, that's sad.
