"less than 5,200 miles" in Jan 2020: https://www.goodingco.com/lot/1995-ferrari-f50-7/ Today 5,147 miles: https://www.ferrarichat.com/forum/threads/1995-ferrari-f50-serial-no-048-349-one-of-55-for-u-s-market.641457/ So probably didn't even get 5 miles on it...
To narrow things down further - a copy of an inspection report I have from early 2018 states 5,125 miles.
The F50s in particular (and such cars in general) do not take kindly to sitting around. Merely starting the car and letting it warm up while stationary is also not enough and can actually cause more harm than good. Proper load must be put on the engine, gearbox, and dampers, which can only happen if you actually drive it. As appealing as a low odometer reading may seem to some collectors, the mechanical health of the car can be downright terrible, but then again, they will probably never know, let alone care.
As I understand, this used the Dyson family's silver F50 (originally Red)? Image Unavailable, Please Login
My F50 getting naked for its yearly service/MOT yesterday ...LOVE this car ..... Still a sleeping giant I believe as far as values - I can see values almost doubling to the £3.5Mill Mark here in the UK for a decent one in the next 2-3 years ..... doesn’t stop me driving mine though ! Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login
I understand it has Sold for $3.772m with fees https://rmsothebys.com/en/auctions/am21/amelia-island/lots/r0073-1995-ferrari-f50/1075183
As most people are asking about the stock market, a question I have is whether we are hitting a short/mid-tern high in the pricing. Just a naive guesstimation here as well given this only got to the bottom of the range as it did last year. Given the dramatic rise of the public markets when it was bought last in January 2020 before the public markets collapsed in March 2020, and the big gains in the markets since Jan 2020, I would have expected more. But one never knows based on where the buyer is coming from. Maybe they traded in a bunch of Dogecoin recently. lol.
Joe , I’m not selling ( that’s down to my 2 year old boy when he grows up) ... but like me , can you see good F50 values poss hitting $5milll (US) or Uk car £3Mill In next 24 months by 2023/24 - I can
I think you can breakdown the inflation of F50s to, among others, the following different factors: 1. changes in value in the supercar/classics asset category, 2. the interest in the Ferrari halo cars, 3. the attributes and attractiveness of the F50 model in relation to the other four bloodline cars 4. the tariff wall of 20% around the UK post EU separation linked to the fact that the UK is a net importer The last point is a big recent contributor to inflation. Many F50s in the UK were sourced from Europe (quite more than the number of UK-delivered ones which ended up in Europe). So to have a F50 in the UK today (as opposed to finding yourself a European car and just paying the € equivalent as you would have done six months ago), you need to pay the €2.3m so £2m for a 12k km European car and then add the £400k VAT to have it UK registered. That makes it £2.4m. If a UK broker does that (and most F50s change hands via brokers), then you would add his margin and it will end up costing you £2.6m. Of course UK-registered F50 owners are catching up to that and are re-pricing their cars accordingly (or, more astutely, hanging on and not selling). Although the four factors have contributed positively to recent F50 price growth, I think the last two had the stronger impact. Going forward longer-term, my belief is, that it is the third factor followed by the second one, which will be the strongest value drivers.
