F50 for Sale.. Cheap! - Ferrari Life
 
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post #1 of 18 Old 02-22-2012, 08:51 PM Thread Starter
 
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F50 for Sale.. Cheap!

Copart

Some people may know the background of this car.. She's finally for sale again.
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post #2 of 18 Old 02-23-2012, 12:33 AM
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The former law enforcement play ride. Stolen prior to being crashed. I would stay well away.


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post #3 of 18 Old 02-23-2012, 06:03 PM Thread Starter
 
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Originally Posted by JazzyO View Post
The former law enforcement play ride. Stolen prior to being crashed. I would stay well away.


Onno
Yes but it did have one of the coolest owners between it being stolen and it being crashed
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post #4 of 18 Old 02-24-2012, 01:37 AM
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So you're saying either the thief that stole it, or the FBI agent that stole it were cool? Or am I misunderstanding?

Here's another thread on this car.
http://www.ferrarilife.com/forums/fe...50-copart.html


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post #5 of 18 Old 02-24-2012, 02:28 AM
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Onno what he is implying saying is that between the period of the thieves selling the car and the FBI confiscating the car it was owned by(RufMD) a "cool person".
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post #6 of 18 Old 02-25-2012, 09:17 PM
 
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This is THE F50 to own. Comparatively speaking, every other F50 has a boring, mundane history. As has already been (rightfully) stated in another thread, the F50 will only go up in value. So buying a cheap one and fixing it up will equal to the price of a pristine F50 (maybe a tiny bit more), but that doesn't matter. F50s are so far and few between, that a properly sorted car will fetch a no-stories asking price irrespective of a storied past. And in my opinion, the storied history is only a blemish because it was relatively recent. No one would have any trouble selling the ex-Ron Finger 250 GTO, and that was stolen a few decades ago - almost made it out of the country too!

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post #7 of 18 Old 02-26-2012, 01:05 AM
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In this case, I would much rather have boring.

Have not heard any noise about RufMD trying to buy it back.

Think that is a good indication of the condition.
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post #8 of 18 Old 02-26-2012, 04:05 AM
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Quote:
Originally Posted by 134282 View Post
This is THE F50 to own. Comparatively speaking, every other F50 has a boring, mundane history. As has already been (rightfully) stated in another thread, the F50 will only go up in value. So buying a cheap one and fixing it up will equal to the price of a pristine F50 (maybe a tiny bit more), but that doesn't matter. F50s are so far and few between, that a properly sorted car will fetch a no-stories asking price irrespective of a storied past. And in my opinion, the storied history is only a blemish because it was relatively recent. No one would have any trouble selling the ex-Ron Finger 250 GTO, and that was stolen a few decades ago - almost made it out of the country too!
The standard answer is that a crash history hits the value for 20+%.

If there was a race history to go with the crash history that might be a different story, but a crash car alone will always have questions with it and that means a reduced value.

Last edited by mk e; 02-27-2012 at 08:12 AM.
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post #9 of 18 Old 02-26-2012, 09:44 PM Thread Starter
 
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Originally Posted by a1exander View Post
Onno what he is implying saying is that between the period of the thieves selling the car and the FBI confiscating the car it was owned by(RufMD) a "cool person".
Sorry for the confusion, but this is correct.
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post #10 of 18 Old 02-27-2012, 05:38 AM
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Quote:
Originally Posted by Boxer View Post
In this case, I would much rather have boring.
+50!

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Originally Posted by Townshend View Post
Sorry for the confusion, but this is correct.
OK, gotcha!


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post #11 of 18 Old 02-29-2012, 06:37 PM
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Current Bid: $222,000 USD

Doug you still in there?
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post #12 of 18 Old 03-01-2012, 01:00 AM
 
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Originally Posted by Boxer View Post
In this case, I would much rather have boring.

Have not heard any noise about RufMD trying to buy it back.

Think that is a good indication of the condition.
Is Jas a member here? If so, I'd wait for him to chime in; if not, I'd encourage him to register so that we could read his feelings and intentions first-hand.

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post #13 of 18 Old 03-03-2012, 08:27 AM
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Is Jas a member here? If so, I'd wait for him to chime in; if not, I'd encourage him to register so that we could read his feelings and intentions first-hand.
He is registered, RufMD. Try sending him a PM.
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post #14 of 18 Old 03-08-2012, 09:00 PM Thread Starter
 
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I haven't spoken to Jas in forever, loved that guy.. been way too long
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post #15 of 18 Old 03-08-2012, 09:51 PM
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I haven't spoken to Jas in forever, loved that guy.. been way too long
Is he still active on the "other" site?
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post #16 of 18 Old 03-18-2012, 05:27 AM
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Thanks guys!

Ferrari's with the engines in front or back new or old are guaranteed to make us smile.

That's priceless - cheers to all us extremely lucky people!

Sorry to confuse with other threads...but have you any news regarding the "cheap F50" ?
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post #17 of 18 Old 03-18-2012, 07:18 AM
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Sorry to confuse with other threads...but have you any news regarding the "cheap F50" ?
Yes bids are at 232K

I have been told by a few that 250 - 350 will make it a proper F50.

So figure 350 - 375 to bring it back and two years of frustrations.

It's not out of my head whatsoever but given the bids it's past the point of a "good deal".

There are a few guys interested that won't bring it back - instead they want it as a track car.

Someone who wants an F50 as they were intended to be it doesn't make much sense vs the guys who want the hottest track car for 500k all in.

Who knows - but my guess is it will end up as a track car.
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post #18 of 18 Old 03-19-2012, 04:01 PM
 
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I would love to see a road going GT version, provided it is done properly and repaired to an as new standard, the car will always be known as the car that ........... So why not create something special.

You might as well create something which stands out in the crowd from a visual aspect, just as much as it will on paper, which it's colourful history to date.

Car made $340. As far as I can figure out. Of course there will be coparts fees to be added to the final price too. Ouch.
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