Saw this gorgeous 1990 F40 with 3100K mile FS. They are asking $425 but I want know what's a true fair market value for this car.

http://www.sportauto.cc/inventory_fe..._F40/index.htm

 

If all the service is up to date, as well as excellent condition and no obvious signs of neglect or abuse, car should be 350k-375k IMO.

 

Just saw the pics....looks to be a correct and excellent example...services up to date, no ratty interior....

I stand by 350-375k

NOW GO AND BUY IT !

 

Haha the only problem is they are asking $425K.

 

"Haha the only problem is they are asking $425K."


IMO the problem with valuing these cars is that there are determined buyers who will pay up for a low or relatively low mileage car - and don't care if they may be paying a bit over whatever market may be. Like it or not, there are folks who want an F40 and don't care whether they overpay by $25k ....

I think rufmd is very close; there just don't seem to be that many relatively low mileage US cars around - I've been told I could get $400k for my 1700 mile '91, deduct for a little more mileage and the 90 model year (if that's really a deduction, as some claim), I'd put it at 375-400. If I wanted an F40, I wouldn't feel bad in the high 300s ... if the car is perfect.

Books? Tools? Luggage? Records? Ownership history? Damage? Etc etc.

 

Maybe the market is closer to 400k now....Come to think of it, I'm thinking of the market at the time I bought mine back in Sept '05. I paid more then for a '92 with 1140 miles.

 

A solid $400k

G

 

wow. beautiful. buy it!

 

man thats freakin pimp i love it, its on my top five

 

Vincent, just do it.

 

Just do it!! The car won't depreciate, so don't worry about paying a little more!

 

Agreed. The car will do nothing but rise in value. If you keep this car for 5 years you can make probably 50,000-100000$ profit at the rate they are rising.

 

The F40 I shot recently I think was bought for 400k

 

Negotiate down to $400K and then enjoy having one of the greatest cars ever produced. There is no doubt based on the responses of everyone you talk to about F40's that they are one of the most desired cars of all time. The prices on these cars will go through the roof once more of the people that grew up with them (mid 30's now) are able to afford a car like this.

I would also venture that prices on E30 M3's will climb into the $50K range for unmolested examples over the next 10 years.

 

Its a keeper even at $400k the market has held its own through all tests and barriers, when my Uncle got his from Kessler he paid over in 1991 for the car as when he saw it he had to have it.