Monday, April 3, 2017

Did Trump's Name and Previous Ownership Condemn this Ferrari F430?


Back in 2007, Donald Trump spent a little bit of cheddar on himself and purchased a 2007 Ferrari F430 F1 Coupe. You’ve got to hand it to the man for having good taste, and it could be the only president-owned Ferrari in existence, but when it rolled across the auction block this weekend, it failed to sell, falling $10,000 short of the $250,000 reserve.

All told, it’s a fine example. It’s got that 4.3-liter V-8 with 490 horsepower and 343 pound-feet of torque. It was purchased brand new by Donald Trump, as shown by the original title that has his signature. With just 6,000 miles on the clock and a history of being service by Ferrari-Maserati of Long Island, everything seems as kosher as possible, right? Well, despite the car’s history, being cared for properly, and coming with not only the original title and window sticker, it still rolled off the auction block unsold. Does it prove that even car enthusiasts and collectors hate our newest POTUS?

Maybe not…

See, it rolled off the block unsold, but hours later, it was sold in a private sale for $270,000, as reported by Auctions America. There aren’t any details available at this point outside of that, but it looks like it did find a new home at the last minute.

Keep reading for the rest of the story





from Top Speed http://ift.tt/2oDoJvo

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