Rare Market

Ferrari F40

WATCHWell-supported value — but volatile.
Auction-supported · 30 sold + 0 active (auction-led)
Fair value$4459K ($3924K–$4994K)
Typical ask—
Recent sold$3886K
Current valueHigh
12-mo trendRoughly flat · 5-in-10 up · 64% calls right
Buyer: Anchor offers to recent sold comps ($3886k).
Seller: Price near recent sold comps ($3886k); expect negotiation.
Watcher: Volatile — wait for a clearer trend.
💰 Pricing your car to sell
Quick sale$3614Ksells fast
Fair$3886Krecent comps
List$4158Kroom to negotiate
Stretch$4508Kexceptional
🎯 Buying guide
Strong deal below $3924K · Fair $3924K–$4994K · careful above $5128K

This is a rare market — roughly 8.5 sale per year documented since 2004 (187 total across all sources).

Long-term median$2289K
10th–90th percentile$304K – $3890K
Range observed$3 – $8365K
Most recent confirmed sale
1991 1991 Ferrari F40
$4320K · Sep 26, 2026 ·Classic.com ·RM Sotheby's The Zürich Auction (2026) ·24,063 mi
View sale →

Tracking 3 sales in the last 90 days. We'll publish a confident 12-month outlook once 2 more sales close — at this market's typical pace, that's roughly ~3 months.

What It's Actually Worth

Blended value of a standard 34 yr, 3k mi example, ~$4459K now. The green line weighs confirmed auction sales most heavily (the amber dots — what cars actually hammered for), blends in fast-selling "just-missed" listings, and lightly smooths out month-to-month composition noise.

2006-05 2026-10 $6234K $0
━ blended true value ● confirmed auction sales (dot size = volume)
◫ 166 confirmed sales (156 auction · 10 other)·187 sales tracked·242 months tracked·since 2006-05·5 active listings

Did our model work? 64% direction calls right

Each faint amber line is a forecast we would have made at that point in the past (12-mo horizon), drawn against what actually happened (blue). Over 61 scored forecasts: 64% got the direction right, median value error ±28%.

2004-08 2026-09 $4942K $25.1K
━ actual ╱ past predictions (ghosts)

Walk-forward: each ghost uses only data available at that date — no hindsight. Data-backed market intelligence, not a guaranteed prediction. Figures are modeled estimates from asking prices, sold comps, and public economic indicators; they can be wrong. Not financial advice.

Auction Scorecard gavel in range 9 in 10

We replayed 51 past auctions in this market — predicting each hammer price from market data before the sale (no hindsight). Typical miss: ±16%; the gavel landed inside our predicted range 9 in 10 of the time, and we lean slightly low on average.

SoldCarOur rangeHammer
2026-08-15 1991 · 0k mi $4013K–$8732K $8365K ✓
2026-07-08 1990 · 14k mi $2598K–$5653K $4833K ✓
2026-05-16 1990 · 25k mi $2311K–$5030K $3448K ✓
2026-02-27 1992 · 1k mi $3125K–$6799K $5230K ✓
2026-01-17 1992 · 0k mi $3156K–$6867K $6600K ✓
2026-01-17 1992 · 1k mi $3065K–$6669K $5830K ✓
2025-12-05 1990 · 3k mi $2483K–$5403K $3886K ✓
2025-10-12 1991 · 12k mi $1895K–$4123K $3060K ✓

No-lookahead: predictions are made before each auction closes; the scorecard grades confirmed sold auctions only (no-sales excluded). A modeled estimate, not a guarantee. Data-backed market intelligence, not a guaranteed prediction. Figures are modeled estimates from asking prices, sold comps, and public economic indicators; they can be wrong. Not financial advice.

Crystal Ball — What Leading Indicators Signal

Distinct from the trend forecast above: this blends all 8 leading indicators (each at its own lead time, de-duplicated so correlated ones don't double-count) into one signal. Leading indicators are collectively signaling higher over the next ~12 months (low conviction — 33% of weighted drivers agree), driven mainly by Effective Fed Funds Rate and Core CPI (ex food/energy), though Initial Jobless Claims points the other way.

⚠ The price trend and leading indicators disagree — momentum may be running ahead of the fundamentals.
now +12mo (indicators) $7398K $304K

Are the indicators agreeing?

Each bar is one driver's current push; longer = more weight. All one side = high conviction; split = low.

Effective Fed Funds +0.4Core CPI (ex food/en+0.7Personal Savings Rat+2.4Initial Jobless Clai-1.4Consumer Discretiona+0.8M2 Money Supply+1.5S&P 500-0.2High-Yield Bond Spre-2.2 ← bearish bullish →

If You’d Bought in 2006

$100K invested 2006-05 → today (20.4 yrs), this car vs where else you could've put the money. Rebased to 100 at the start; the dashed line is inflation (break-even).

$1532K$870K$638K$1054K$183K 2006 2026 2061 100
━ This car $1532K━ S&P 500 $870K━ Gold $638K━ Luxury $1054K━ Housing $183K
A genuinely strong investment. The Ferrari F40 roughly 15.3×'d your money (a real, inflation-adjusted 9.2× gain). It actually BEAT the S&P 500 by about 76%. It beat housing (+737%). (Price only — a real round-trip also loses ~10–20% to buy/sell fees and carrying costs.)
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What This Market Follows

Specialty-car prices don't move in a vacuum. These economic indicators have historically led this market — tap one to see it shifted forward by its lead time, overlaid on the value line.

Nasdaq Composite leads by about 12 months (moves with this market, correlation 0.80). Shown shifted forward 12 months so its turns line up with the market's.

━ Ferrari F40 ┄ Nasdaq Composite, shifted +12mo
2006-05 2026-10

Why We Think This

inventory -1% inventory trend slope
+47% vs 2-yr avg pct vs trailing 24mo
+55% vs 3-yr trend pct vs trailing 36mo
+23% vs 12-mo avg pct vs trailing 12mo
sale prices +2.7%/mo median sale trend slope
sell-through 95% sell through rate

Current Inventory Snapshot

Active priced listings5
Median fair value$2,565,113
Avg deal score93/100

Comparable Markets

MarketUndervaluationAppreciationLiquidity
Ferrari 296 GTB/GTS 535236
Ferrari 360 218450
Ferrari 360 Challenge Stradale 08255
Ferrari 458 256840
Ferrari 458 Speciale 1943
Ferrari 458 Speciale Aperta 06924
Ferrari 488 286536
Ferrari 488 Pista 66045

Data-backed market intelligence, not a guaranteed prediction. Figures are modeled estimates from asking prices, sold comps, and public economic indicators; they can be wrong. Not financial advice.