My newly acquired F40 replica

Uh, I hope you realize that the Kelly Blue Book value on a 1985 Fiero GT with that mileage is right at $1500 if it is in EXCELLENT condition.

So basically when you are in an accident, even a REALLY minor one, the car will be considered totaled.

 

I will probably be getting in on the 23rd and leaving on the 1st.... I may catch something earlier than the 23rd though

 

Good point, but you can have the car appraised and insured at a special value based on the cost it would take to build it.

 

$400k

And that includes a lifetime supply of red shoe polish!

 

Exactly, I explained why I disagree, but have no problem with you seeing things differently, hence my last sentence.

BTW, I love how "giving it away" is worded... you make it sound like you're in a blimp throwing Franklins through the window! LOL

On a more serious note, you will find that for most folks here, a car is much more than a conversation piece ... quite the contrary, if we look at the amount of people who keep their Ferrari more-or-less secret ...

 

yeah well most people have never met my sister so if i turned up at a party and got it on with her everyone would just think i'd scored some chick.

you can rent it out as a prestige car maybe: http://www.ferrarichat.com/forum/showthread.php?p=134879273#post134879273

 

If you love giving it away i'll take some I could use some charity. I also help people and they love me when they need me, but hate me when they don't.
And like I said watch who you give your hard earned money to because the one organization I ran across the leader had a Ferrari and several other nice cars.

 

I have never inheireted money (I wish I could!). But why do people look down on others if it is Daddy's money? Should I think worse of a person just because he was lucky enough to have a wealthy father?

Sure I can respect a guy more if he is self made, but I don't disrespect a guy just because he is lucky.

 

So, if you won the $150,000,000 jackpot you wouldn't get an F40?
Given that the VAST majority of lottery winners go broke within 5 years, I have a lot more respect for someone who holds onto an inheritence and grows it for a much longer period of time. No?

 

WHOA there yourself...

Who are you to make assumptions about Mr. Tonkin's philanthropy? Just because it isn't splashed all ove the press I would guess by your uneducated comment that you have no idea what the Tonkin's do for charity. I would be a little careful here with your assumptions.

Believe it or not it is possible to be philanthropic and gather personal property, particularly when you have a lifetime to do it.

 

For 60K, why would you buy a replica? For a little bit more, you could buy a Diablo or Countach. Why would you buy a replica? I don't understand.

Also, why spend 11k on a Fiero based F40? You could get a 308 in the $20's. I guess I don't understand the appeal?

 

GROSS.


Gag me with a spoon.

 

You know the F40 is a V8 right?

 

Did I read this correctly?

You spent $6,555 for a 1985 Pontiac Fiero with a fake F40 body on it and now you are spending apx. $4,000 more on new paint, interior, etc... to fix it up? Is that correct?

$11K (or more) spent on a twenty year old Fiero with a fake Ferrari body? Does it have a Pontiac V6, or is it a 4 cylinder with an automatic trans?

I can think of a lot of nice classic sports cars that one could buy for $11K and use as a daily driver (and still get plenty of attention too). A nice Alfa Romeo Spider, Triumph TR-6 and there's plenty of other choices that would hold there value well and not depreciate like a replica/fake kit car will.

For a little bit more money, you could actually buy a REAL FERRARI (308 GT4 or a Mondial Coupe, maybe others).

Sorry, but I have never understood why anyone would want to own a "fake" car, when there are so many nice "real" cars available.

 

good lord, are you gonna post pics of the car or what????????

 

just curious, do you like ferraris?

 

He gave the pictures to charity!

 

What you don't get is that you could get a REAL Ferrari 308 that will be just as reliable as that old Fiero. In fact, if the 308 is well sorted I guarantee it to be more reliable.

Not to mention the fact that the Ferrari will not depreciate nearly as much as the $11k you are spending on a $1500 car. Think about it.

And who cares if the 308 gets a few scratches on the road? The money you will save in depreciation costs alone would be more than enough to keep the real deal looking and functioning perfectly.