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Hello All,

At the Toronto Spring Classic Car Auction this past weekend, there was a 1986 Ferrari 412 that did not sell at the high bid of $36,000 CAD (#30,000 USD). Although I was not able to attend the auction, I did follow-up by speaking with the auction house and was able to get the following information.

1. 78,000 miles
2. no service records in the file, but would ask the owner
3. US car
4. private seller (not a dealer)
5. probably the original paint (looks its age)
6. probably the original interior (looks its age)
7. transmission type: unknown, will confirm later

At 78,000 miles and without service records, I am leery to buy this car without knowing its history, which is probably why the high bid was only $36,000 CAD ($30,000 USD). The auction company will ask the owner if they have service records available, although you would think they would have them already made them available at the auction, which raises more suspicions.

Since the owner only provided one photo for the auction's web site (see below), although they asked for more photos, the auction company will take new photos and send them to me. I'll post them here once I received them.

Regards,
Gianni
 

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Hello All,

At the Toronto Spring Classic Car Auction this past weekend, there was a 1986 Ferrari 412 that did not sell at the high bid of $36,000 CAD (#30,000 USD). Although I was not able to attend the auction, I did follow-up by speaking with the auction house and was able to get the following information.

1. 78,000 miles
2. no service records in the file, but would ask the owner
3. US car
4. private seller (not a dealer)
5. probably the original paint (looks its age)
6. probably the original interior (looks its age)
7. transmission type: unknown, will confirm later

At 78,000 miles and without service records, I am leery to buy this car without knowing its history, which is probably why the high bid was only $36,000 CAD ($30,000 USD). The auction company will ask the owner if they have service records available, although you would think they would have them already made them available at the auction, which raises more suspicions.

Since the owner only provided one photo for the auction's web site (see below), although they asked for more photos, the auction company will take new photos and send them to me. I'll post them here once I received them.

Regards,
Gianni
Gianni, attention! take care. First, ascertain if it is a five-speed manual or automatic transmission car. The automatics, in my opinion, are sluggish cars to drive anywhere other than cruising on a thruway./freeway, really no fun.

That said, if these cars have been regularly and correctly serviced and not abused, they are bulletproof, can easily run 100,000 miles and more. If not the cost to return the car to usable condition can be a great deal more than cost of acquisition.

I have the impression that IO've seen this 412 offered before, last time in western Canada, Vancouver I recall.
 

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Gianni, attention! take care. First, ascertain if it is a five-speed manual or automatic transmission car. The automatics, in my opinion, are sluggish cars to drive anywhere other than cruising on a thruway./freeway, really no fun.

That said, if these cars have been regularly and correctly serviced and not abused, they are bulletproof, can easily run 100,000 miles and more. If not the cost to return the car to usable condition can be a great deal more than cost of acquisition.

I have the impression that IO've seen this 412 offered before, last time in western Canada, Vancouver I recall.
Gianni, attention! take care. First, ascertain if it is a five-speed manual or automatic transmission car. The automatics, in my opinion, are sluggish cars to drive anywhere other than cruising on a thruway./freeway, really no fun.

That said, if these cars have been regularly and correctly serviced and not abused, they are bulletproof, can easily run 100,000 miles and more. If not the cost to return the car to usable condition can be a great deal more than cost of acquisition.

I have the impression that IO've seen this 412 offered before, last time in western Canada, Vancouver I recall.
Hello Seth,

Thanks for your advice. I suspect it's an automatic, which is not on my buyer's list, and I think I've tracked it down to this AutoTrader ad:

1986 Ferrari 412 WILL BE SOLD AT THE TORONTO SPRING CLASSIC CAR AUC for $9,999,999 in SAULT STE MARIE | autoTRADER.ca

It certainly doesn't look like it's been well maintained. Since there were no service records submitted for the auction and the bidding stopped at $30k USD, it's more evidence that this is not the car for me.

Thanks again,
Gianni
 

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That three speed automatic is really ill-matched to the 400-412 series' V12 torque curves unless someone has modded the automatic.
 

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Discussion Starter #5
That three speed automatic is really ill-matched to the 400-412 series' V12 torque curves unless someone has modded the automatic.
Hello Terry and Seth,

I can confirm that this car has the 3-speed automatic gearbox and likewise is not on my buyer's list.

Thanks again for your input.

Regards,
Gianni
 
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