Where is the 400/412 Market REALLY at?

Yikes!!! Awful!!!

I have been luckier than this when buying used exotics. The folks I have dealt with for the most part have gone to extreme lengths to point out any defect in the car and honestly state its condition. Everyone I have bought from is someone I could gladly call a friend. Don't know if this is typical, but the BS you are being subjected to is unacceptable.

Only exception was a long time ago I bought a Lotus Europa John Player Special. Great car. Looked great. Owner said it was perfect - never in an accident, blah blah blah. He did not know that my sister knew him and was aware that he had an accident which freaked his wife out and she ordered him to sell the car. The car had been repaired fine, but he couldn't wait to get rid of it. All to my good.

Why bother with the BS???

Jack

Jack

 

merry xmas to you as well.

The whole "toy market" is screwed. Guns, cars, guitars, its like everything lost 40%of its value if it was old and rare, and yet some people dont think the junk they have took a hit in value as well. I have been brutally honest with people on my 208 Dino for sale. Its a nice original car, would make a great driver with some work done. But i keep getting these idiots who call and come here, who want a " brand new" 1978 208 Dino, for my $18,000 price. So i TOTALLY understand your frustration with lies, BS, and just plain bad cars.

I also know EXACTLY what you mean by the car talking to you as a buyer, its like something clicks, and you want "that one".

I think alot of people "need" to sell the car they have for sale, as opposed to some of us, who are just bored and want something else to play with.

You get these sellers who are scared to run off all the buyers by being honest, so they lie. I would rather sell to someone who "wants" THAT EXACT car, as opposed to some wishy-washy crybaby tire kicker, who "thinks" he "may" want and old carb Ferrari.

I do hope you find the right car soon, I would very much enjoy reading your thoughts and perspectives of how (whatever it is) drives.

I have ridden in and driven Judge4re's 365, and its an amazing car in its context. For its size, and age, i cannot image how superior they were when they were new, compared to the crap land barges that were on the roads then.

Good hunting to you.

Michael

 

Thanks, it was a bit of a handful at Roebling Road, but while it is capable of track events, the 600+ mile drive home was what it was really made for...

 

Why would anyone cut into the dash of a high Italian car to install little tweeter speakers? <sigh>

 

I recall the 412s having speakers, not sure if they were that type. Reference books are at home...

 

Really? Hey lookie there I learned something today!

 

'86 had small round ones.

See:

http://www.tomyang.net/cars/othercars/jedeloo.htm

 

I kinda track offering and selling prices, where available, on the series. Can't remember ever seeing any 412s offered for more than $50K since 2005 although there is one in Florida that apparently is offered in 2010 for $75K. Being an auto, and with less than 10k miles which means it likely needs a lot of recommssioning work, it will be lucky to ever sell for half of that. But I doubt the seller is serious anyway.

Doesn't take much to figure out the cars that are for sale and the ones that are only offered to see if a rich sucker comes along.

There are a lot of cars that are frequent flyers around various dealers over the past several years that have not had a conscientious owner for a long time and then there are the known cars with real owners who use them and maintain them.

The latter category is shrinking and there are not that many around.

 

Hello, Jay

There is a 412 5-speed for sale on consignment at AutoHaus Motors in Burnt Hills, NY. On the plus side, I can vouch for the fact that it's a well-sorted, well-cared-for car; probably as good as you'll find. The owner is a friend of mine and I've driven the car. He's had it for years.

The bad news is the $56k asking price, which I suspect is quite high for a 412, even of this quality.

If you are interested, I can put you in touch with the owner: just PM me

 

why on earth is that "bad" news ???

why do 'we' apologize when the final iteration of the Colombo engine comes 'clothed' in an elegant, timeless, real-world-practical design and happens to cost over $50K ???

it's obviously a highly subjective topic, but it simply doesn't compute for me...
if i had to choose between my Testarossa and my 400 it would take exactly 2.5 seconds for me to kiss the Testarossa 'bub-bye' !

unfortunately, i've got to run for now but i'd really like to examine the OP's question in detail...because this is the most interesting thread around here in a while...imho.

 

Likewise for me, the 365 would stay, the 308 QV would be gone in a sec.

 

Interesting stuff; didn't realize the values were that high.

I like the color combo: http://showroom.auction123.com/auto_haus_motors/inventory/8416/074099.html

 

Well...........in defense of the red leather interior on the 412 all I can say is WOW.........that color combo looks great.

Having said that............buying "anything" (except a happy ending perhaps) from a place called "The House of Luxuries" kind of makes me uneasy..........

Interesting thread.

 

A fascinating conversation.

I bought my '84 400i auto from a friend about two months ago. It was for sale only because of storage space considerations. I have organized the paperwork and can offer some history.

I am the fourth owner since 2004. Each of us paid $30,000.00 for the car and it is cosmetically perfect. The engine seems perfect also having had about $4,500.00 put into it by owner A. It runs like a watch. Owners B and C each added about $1,500.00 worth of repairs.

Someone had replaced the cats, pipes and mufflers for about $1,000.00. I just replaced the OEM tires after all these years (@ $2,500.00) and the new ones transformed the both sound and the ride of the car. There was zero wear in the front end when the alignment was checked. The Blaupunkt Toronto is out for rebuilding with a cost estimate of @ $800.00. I will soon install power window modules to perk up the lifts and am currently straightening out the washer and wiper control. Nothing major. All of the car's ailments are the result of sitting in someone's garage. The odometer reads 41,000 KM.

If you add up the repairs it comes out around $11,000.00 and climbing on a "perfect" example. I hope this adds a little perspective.

The red interior really doesn't photograph well at all. It is not nearly as bright and imposing as the photos indicate. Mine is also Argent with a red interior.

Greg

 

I will side with KDS as I have a total weak spot for Red interior car's and waited for some time until I found my GT and it always brings hugh compliments where ever it's parked. I just don't like the tinted windows on that 412.. It would be the first thing i would remove.
I spent $40K on mine with tax's and delivery costs without a single regret or second thought because that's what i wanted and it was all done sight unseen.
Only thing wrong with my car is the AC has lost its charge but i could care less as i prefer windows down anyways so I can listen to the musical tone of the engine.
Merry Christmas to all..
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Brett, that's a really fascinating take.

I listed it as "bad" news because I never see 412s actually change hands at that price. When they do sell, it's typically in the $30k-$40k neighborhood.

That said, $58k for that car may indeed represent value to someone for that car. I've spent roughly an hour behind it's wheel and vouch that it's lovely. Certainly the best example of a 412 I've run into (although I haven't seen very many.)

The bottom line is, that's not a price I would personally pay for the car. Then again, I don't have a strong itch for a 412. If someone out there really wants a top notch 412 and doesn't mind paying, they'll get a terrific car.

 

we have to be honest with each other and say that the market for the 400,412 is very low. Good, bad etc. Doesn't make a difference how clean a car is. You will not get what you think you can sell it for. When I sold my car I said I would not take anything under 39k. I think the car was amazing and should of fetched at least that. Had it placed in Dupont for a couple months and only a few bites. The first time i put it on ebay I had a buyer in Europe going back and forth on the price and it ended selling for 32k. Sad but for me a reality. Sorry but no way the 412 will go for 58k or close to it. Do I believe its worth it? YES!! I love it, but its not going to happen..

 

Good day Jay,

There is a 412 for sale in Calgary, AB Canada located here:

http://www.autotrader.ca/a/FERRARI/412C/CALGARY/Alberta/5_3347415_20070221112858031/

I know nothing of this car, but I have seen it for sale for over 2+ years now. Interestingly, in the past the car's price would actually fluctuate during the seasons in that I have seen it priced around $33K over the Winter and then to $50K+ in the Summer months. For whatever reason, this year the price change did not occur.

Also, this may or may not be the same car, but there was a 400 series that was for sale in Vancouver a number of years ago that had some stories. It was Red over white which is similar to this car and not too common especially here in Western Canada. Anyway, if you decide to pursue this car, it goes without saying that a thorough PPI, etc would be prudent with this or any car.

Cheers,

Sam