1992 Ferrari F40

VIN: ZFFMN34AXN0093139

$429,000

Sold

Seller details

  • Auction

    RM Auctions

  • Location

    Phoenix, AZ; US

  • Event date

    Jan 16, 2009

  • Lot

    200

Vehicle specs

  • Chassis/VIN

    ZFFMN34AXN0093139

  • Body style

    Coupe

  • Odometer

    1192 M

  • Interior Color

    Red cloth

  • Exterior Color

    Red

  • Generation

    1987-1992 Ferrari F40

Vehicle details

Notes and observations recorded by Hagerty staff.

Equipment

Assembly 10518. A C. A U.S. spec car in condition that hardly justifies the term used car, but it is definitely an old car and the interior wear (particularly the drivers seat) is more than would be expected for the 1,192 miles on the odometer. Honestly cataloged as having been damaged in an accident although its appearance shows no evidence of the repairs to the rear of the body or the replacement of the rear frame section.

Market commentary

The insurance company probably spent more than $100,000 on repairing this F40, and when its done its still worth $100,000 less than an undamaged example. The trouble is, among other things, there are so many undamaged low mileage F40s around that the penalty for any bad story at all is huge. There were three being auctioned this week in the Phoenix area, for example; only this one sold. Cataloged as having 1,192 miles, the odometer still showed 1,192 miles at the auction.

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