Ferrari Life » Ferrari Forum » Ferrari Owners » 2+2: 365, 400, 412, Mondial ::

4001 values


Reply
 
LinkBack Thread Tools Display Modes
Old 08-30-2010, 02:34 PM   #1
Owner
Elite Member
 
Join Date: Aug 2006
Location: Corona, CA
Ferrari Life Posts: 47
Default 4001 values

Does anyone have an idea or guess-timate of what a concourse or show worthy 1981 to 1984 400i auto or manual should sell for at this time? Thinking of buying a pristine example but not sure what a fair asking price would be. I see they range from the low teens to the high 20s. Would a price of $30k be too much?
J Ingram is offline   Reply With Quote
Sponsor - Register now for free to stop viewing this ad.
Old 08-30-2010, 02:37 PM   #2
Owner
Elite Member
 
Join Date: Aug 2006
Location: Corona, CA
Ferrari Life Posts: 47
Default

Quote:
Originally Posted by J Ingram View Post
Does anyone have an idea or guess-timate of what a concourse or show worthy 1981 to 1984 400i auto or manual should sell for at this time? Thinking of buying a pristine example but not sure what a fair asking price would be. I see they range from the low teens to the high 20s. Would a price of $30k be too much?

Title should say 400i not 4001
J Ingram is offline   Reply With Quote
Old 08-30-2010, 03:03 PM   #3
Owner
Elite Member
 
Jimmy Chen Shiba DDS's Avatar
 
Join Date: Feb 2005
Location: Yokohama & Tokyo, Japan
Ferrari Life Posts: 3,539
Name: Jimmy Chen Shiba
Default

Quote:
Originally Posted by J Ingram View Post
Does anyone have an idea or guess-timate of what a concourse or show worthy 1981 to 1984 400i auto or manual should sell for at this time? Thinking of buying a pristine example but not sure what a fair asking price would be. I see they range from the low teens to the high 20s. Would a price of $30k be too much?
Probably, 30k is on the high side, but if pristine, then maybe fair price. Personally, I would look for manual transmission. Good luck. w/ smiles Jimmy
Jimmy Chen Shiba DDS is online now   Reply With Quote
Old 08-30-2010, 09:13 PM   #4
Owner
Elite Member
 
Boxer's Avatar
 
Join Date: Apr 2004
Location: UK
Ferrari Life Posts: 12,730
Default

Latest price index from FML:
Attached Images
  


Boxer

Current: F40, F50, 612, 430 Scuderia
Past: 360 Modena, 360 Challenge, 550, 575, 365BB, 512BB, 456 GT, F355 GTS, 365 GTB/4 Daytona, 308 GTB
Boxer is offline   Reply With Quote
Old 08-31-2010, 04:14 AM   #5
Owner
Elite Member
 
JazzyO's Avatar
 
Join Date: Feb 2007
Location: Jersey, Channel Islands
Ferrari Life Posts: 4,278
Default

For a perfect Ferrari, almost 30 years old, $30k is NOT too much! On a good one, you can still easily spend $$$$ on repairs, so in my personal opinion you are always better off buying the very, very, best as the previous owner has already spent that money.

If $20k buys a good one, then I would happily pay $30k for the creme de la creme.


Onno
JazzyO is offline   Reply With Quote
Old 08-31-2010, 09:11 AM   #6
Owner
Elite Member
 
wetpet's Avatar
 
Join Date: Jan 2006
Location: Chevy Chase, Md
Ferrari Life Posts: 6,572
Name: Ed
Default

my 2 cents. 20k. maybe.
wetpet is online now   Reply With Quote
Old 08-31-2010, 09:29 AM   #7
Owner
Elite Member
 
Join Date: Aug 2006
Location: Corona, CA
Ferrari Life Posts: 47
Default

Thank you guys! Your advice helps out greatly. Jimmy and Boxer, I remember you guys helped me out quite a bit when I had my '77 Boxer. JazzyO, I also remember your help when I had my 550. You all were very helpful then as you are now. Thanks again.
J Ingram is offline   Reply With Quote
Old 08-31-2010, 12:26 PM   #8
Owner
Elite Member
 
Boxer's Avatar
 
Join Date: Apr 2004
Location: UK
Ferrari Life Posts: 12,730
Default

Quote:
Originally Posted by J Ingram View Post
Thank you guys! Your advice helps out greatly. Jimmy and Boxer, I remember you guys helped me out quite a bit when I had my '77 Boxer. JazzyO, I also remember your help when I had my 550. You all were very helpful then as you are now. Thanks again.
Happy to help.

What has sparked the interest in the 400i?


Boxer

Current: F40, F50, 612, 430 Scuderia
Past: 360 Modena, 360 Challenge, 550, 575, 365BB, 512BB, 456 GT, F355 GTS, 365 GTB/4 Daytona, 308 GTB
Boxer is offline   Reply With Quote
Old 08-31-2010, 12:59 PM   #9
Owner
Elite Member
 
Jimmy Chen Shiba DDS's Avatar
 
Join Date: Feb 2005
Location: Yokohama & Tokyo, Japan
Ferrari Life Posts: 3,539
Name: Jimmy Chen Shiba
Default

Quote:
Originally Posted by J Ingram View Post
Thank you guys! Your advice helps out greatly. Jimmy and Boxer, I remember you guys helped me out quite a bit when I had my '77 Boxer. JazzyO, I also remember your help when I had my 550. You all were very helpful then as you are now. Thanks again.
Enjoy and good luck with your search. w/ smiles Jimmy
Jimmy Chen Shiba DDS is online now   Reply With Quote
Old 08-31-2010, 03:33 PM   #10
Owner
Elite Member
 
Join Date: Aug 2006
Location: Corona, CA
Ferrari Life Posts: 47
Default

Quote:
Originally Posted by Boxer View Post
Happy to help.

What has sparked the interest in the 400i?
I have always loved the shape and nothing beats a front engined 12 cyllinder Ferrari! Now that I'm in my mid 40's and have had all the "boy racers" over the years including my present Lambo Gallardo Spyder, I want something a little more sedate with room for more than one other person. I test drove a good example at a local dealership, but the salesman has no idea about the car he's selling and the details are too shady, so I'm going to pass. I received a PM from a fellow who has a beautiful, 10k mile, concorse winning car that he will soon place for sale. He wants a price that's much higher than any 400 I've seen. The car is pristine and I don't want to offend him by offering a ridiculous lowball price. I wanted to get some opinions on what the current market value as not to over pay but to offer a fair price given it's condition.
J Ingram is offline   Reply With Quote
Old 08-31-2010, 09:38 PM   #11
Owner
Elite Member
 
Boxer's Avatar
 
Join Date: Apr 2004
Location: UK
Ferrari Life Posts: 12,730
Default

Quote:
Originally Posted by J Ingram View Post
I have always loved the shape and nothing beats a front engined 12 cyllinder Ferrari! Now that I'm in my mid 40's and have had all the "boy racers" over the years including my present Lambo Gallardo Spyder, I want something a little more sedate with room for more than one other person. .
Mid engine 12 cylinder Ferraris are not to bad either .

Quite a few 400s over in the UK. The one major issue most of the owners seem to highlight is rust and the cost of repairs vs. value of the car (replacement exhaust is GBP 4-5k).

Have you taken a look at the Maserati Quattroporte?


Boxer

Current: F40, F50, 612, 430 Scuderia
Past: 360 Modena, 360 Challenge, 550, 575, 365BB, 512BB, 456 GT, F355 GTS, 365 GTB/4 Daytona, 308 GTB
Boxer is offline   Reply With Quote
Old 09-01-2010, 05:26 AM   #12
Owner
Elite Member
 
Join Date: Aug 2006
Location: Corona, CA
Ferrari Life Posts: 47
Default

Quote:
Originally Posted by Boxer View Post
Mid engine 12 cylinder Ferraris are not to bad either .

Quite a few 400s over in the UK. The one major issue most of the owners seem to highlight is rust and the cost of repairs vs. value of the car (replacement exhaust is GBP 4-5k).

Have you taken a look at the Maserati Quattroporte?
You're right! Mid engined 12 cylinder Ferraris are awesome! I had a '77, carbed Boxer several years ago! I see what you mean about the service costs relative to the value of the car. It's hard to not consider that fact. Yes I looked at the Quattroporte and the Maserati GT but these cars are huge and not as sleek as the older cars, althought very nice.
J Ingram is offline   Reply With Quote
Old 09-01-2010, 01:29 PM   #13
Owner
Elite Member
 
Boxer's Avatar
 
Join Date: Apr 2004
Location: UK
Ferrari Life Posts: 12,730
Default

Quote:
Originally Posted by J Ingram View Post
You're right! Mid engined 12 cylinder Ferraris are awesome! I had a '77, carbed Boxer several years ago! I see what you mean about the service costs relative to the value of the car. It's hard to not consider that fact. Yes I looked at the Quattroporte and the Maserati GT but these cars are huge and not as sleek as the older cars, althought very nice.
What about a 365 GT 2+2 or a 365 GTC/4?


Boxer

Current: F40, F50, 612, 430 Scuderia
Past: 360 Modena, 360 Challenge, 550, 575, 365BB, 512BB, 456 GT, F355 GTS, 365 GTB/4 Daytona, 308 GTB
Boxer is offline   Reply With Quote
Old 09-01-2010, 02:09 PM   #14
Owner
Elite Member
 
Jimmy Chen Shiba DDS's Avatar
 
Join Date: Feb 2005
Location: Yokohama & Tokyo, Japan
Ferrari Life Posts: 3,539
Name: Jimmy Chen Shiba
Default

The others pretty much said what I intended to. Depending on what you are willing to spend, I think considering the other 12Vs would be a wise thing to do.
As for the price, as Onno mentioned, well-maintained and loved V12 (with higher price tag) is a better choice for myself. w/ smiles Jimmy
Jimmy Chen Shiba DDS is online now   Reply With Quote
Old 09-01-2010, 05:27 PM   #15
Owner
 
Neonzapper's Avatar
 
Join Date: Jan 2009
Location: D.C./Manila
Ferrari Life Posts: 973
Name: Mykol
Default

Quote:
Originally Posted by J Ingram View Post
...I received a PM from a fellow who has a beautiful, 10k mile, concorse winning car that he will soon place for sale. He wants a price that's much higher than any 400 I've seen. The car is pristine...
I'd get a PPI on this one and if all is in order, pay the extra to get it. It is hard to find parts for the 400i, and can be an expensive as well as frustrating search to put one together in top condition...let alone a concourse winner.


_________________________
1983 Euro 308 GTBi QV red/black s/n 44151
Neonzapper is online now   Reply With Quote
Old 09-02-2010, 02:38 AM   #16
Owner
Elite Member
 
JazzyO's Avatar
 
Join Date: Feb 2007
Location: Jersey, Channel Islands
Ferrari Life Posts: 4,278
Default

How about a recent (& decent) 456? Those are very reliable if you have one from 2000 onwards. Very nice, understated car with a great engine and similar maintenance cost to the 550. Just make sure you get the manual, you'll feel right at home after your 550.


Onno
JazzyO is offline   Reply With Quote
Old 09-03-2010, 12:51 PM   #17
Owner
Elite Member
 
Join Date: Aug 2006
Location: Corona, CA
Ferrari Life Posts: 47
Default

Quote:
Originally Posted by Boxer View Post
What about a 365 GT 2+2 or a 365 GTC/4?
I actually seriously considered a C-4 because of the glorious sound of the V-12 but couldn't qiute warm up to the styling. I felt that if I wasn't too sure of the styling before the purchase. After the novelty wore off, I would probably regret it. I haven't seen any good 365 GT 2+2's around. Thank you for the suggestions though!
J Ingram is offline   Reply With Quote
Old 09-03-2010, 12:56 PM   #18
Owner
Elite Member
 
Join Date: Aug 2006
Location: Corona, CA
Ferrari Life Posts: 47
Default

Quote:
Originally Posted by Jimmy Chen Shiba DDS View Post
The others pretty much said what I intended to. Depending on what you are willing to spend, I think considering the other 12Vs would be a wise thing to do.
As for the price, as Onno mentioned, well-maintained and loved V12 (with higher price tag) is a better choice for myself. w/ smiles Jimmy
Do you mean considering the other V-12's as in another car besides a 400?
J Ingram is offline   Reply With Quote
Old 09-03-2010, 01:04 PM   #19
Owner
Elite Member
 
Join Date: Aug 2006
Location: Corona, CA
Ferrari Life Posts: 47
Default

Quote:
Originally Posted by JazzyO View Post
How about a recent (& decent) 456? Those are very reliable if you have one from 2000 onwards. Very nice, understated car with a great engine and similar maintenance cost to the 550. Just make sure you get the manual, you'll feel right at home after your 550.


Onno
Those are really nice cars but I wanted something older and I would be terrified of the $50,000 transmission replacement cost. My 550 was a very nice example but it never felt "exotic" enought to me. It was too big, sat up way too high and did EVERYTHING too well almost to the point of being bland. Great car though! I kept it for only about 2 or 3 months and traded it on a Gallardo Spyder. Now THAT is a modern EXOTIC car in my book!
J Ingram is offline   Reply With Quote
Old 09-03-2010, 01:11 PM   #20
Owner
Elite Member
 
Jimmy Chen Shiba DDS's Avatar
 
Join Date: Feb 2005
Location: Yokohama & Tokyo, Japan
Ferrari Life Posts: 3,539
Name: Jimmy Chen Shiba
Default

Quote:
Originally Posted by J Ingram View Post
Do you mean considering the other V-12's as in another car besides a 400?
Yes. I was thinking more like the older 2+2 cars of the '60s and '70s eras. Actually, just last week, I saw this beautiful, fully restored 250 GTE for sale at the Tom Yang site. I don't think you can go wrong if Tom Yang is behind this car. Why don't you take a look. Personally, I trust Tom when it comes to these older Ferraris. Good luck. w/ smiles Jimmy

http://www.tomyang.net/cars/ferrari.html check under the top left box of "Restoration Diary".

Last edited by Jimmy Chen Shiba DDS; 09-03-2010 at 01:13 PM. Reason: spelling correction
Jimmy Chen Shiba DDS is online now   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -8. The time now is 05:34 AM.