Bonhams : 1984 Ferrari 512 BBi Coupé Project Chassis no. ZFFJA09B000049897
1984 Ferrari  512 BBi Coupé Project  Chassis no. ZFFJA09B000049897

This lot has been removed from the website, please contact customer services for more information

Lot 609
1984 Ferrari 512 BBi Coupé Project
Registration no. not registered Chassis no. ZFFJA09B000049897

Sold for £ 51,750 (US$ 65,298) inc. premium
1984 Ferrari 512 BBi Coupé Project
Registration no. not registered
Chassis no. ZFFJA09B000049897
*One of only 1,007 512 BBi models produced
*Delivered new to the USA
*Flood damaged in 2005
*New 'crate' engine costing $40,000
*Offered for completion
*EU duties and taxes paid

Footnotes

  • The fitting of fuel injection to the revised 512 BBi made it much easier for these cars to meet the United States' emissions requirements than had been the case with the preceding carburettor-fed 512 BB, which had only been sold in the USA as a 'grey import'. In 1983, Ferrari instigated an official programme that enabled its American dealers to sell the 512 BBi to their customers for delivery at the factory in Maranello. The cars would then be converted to United States standards by specialist companies on their arrival in the USA.

    Thus it was with the car offered here, which was insured for 24 hours in Italy before being shipped to the USA in April 1984 for its first owner, Ronald Peters of Fullerton, California. South Coast Compliance then converted the Ferrari to meet the EPA/DOT standards and it was certified at the EPA's Import Certification Laboratory in October '84. For the next few years South Coast Ferrari Service maintained and serviced the car, which in June 1987 was registered to Goodman Auto Leasing Inc of Encino, CA. In November 1987, the Ferrari was sold to William R Pauli of Calabasas, CA. A major service was carried out by Southern Cross Motors of Van Nuys, CA in August 1994. The Ferrari was last registered to William Pauli in June 1995.

    In April 2002, the car was delivered to Michael Sheehan's European Auto Sales Inc on whose behalf a major engine-out service was undertaken by Rod Drew's Shop in Costa Mesa, CA. At that time Michael Sheehan was advertising the Ferrari as a "Euro model. US EPA and DOT legal. All silver with no black 'Boxer' bottom and black leather. Only 7,028 original miles". A copy the advertisement and the car's ownership history are on file.

    In 2005, the Ferrari was caught up in Hurricane Katrina when it struck the South Eastern United States, suffering flood damage, and was partially dismantled. Purchased by the current owner in 2014 and imported into the UK, it came with a new replacement 'crate' engine that had cost $40,000. This engine is complete with the fuel injection system, including brand new metering units, two ignition distributors, and fuel lines, and is fitted with a flywheel. The relevant invoice is on file together with another for a rebuilt transaxle at a cost of $25,000.

    After a period of storage, all the components that came with the car were sent to Ferrari specialists QV London, based in Windsor. QV have rebuilt the suspension and steering using new bushes and fitted new brake discs to make it a rolling chassis. They have also fitted the engine, flywheel (minus the clutch assembly), empty bell housing and transaxle. The pedal box and brake servo have been fitted but the car requires new brake callipers and brake lines to complete the braking system overhaul. The car is supplied with front and rear windscreens and both door glasses but is missing the rear quarter-light windows. Also missing are the seats, fuel tanks, and exhaust system, while the electrics will require rewiring. New front and rear bumpers are included in the sale and it is understood that the car also comes with some interior trim.

    Finished in its original Argento Silver, this Ferrari 512 BBi is supplied with a NOVA certificate and a Vehicle Production Data sheet from Ferrari Classiche. Sold strictly was viewed, this exciting and potentially most rewarding project represents a relatively affordable opportunity to join the exclusive ranks of Ferrari 512 BBi owners.
Contacts
1984 Ferrari  512 BBi Coupé Project  Chassis no. ZFFJA09B000049897
1984 Ferrari  512 BBi Coupé Project  Chassis no. ZFFJA09B000049897
1984 Ferrari  512 BBi Coupé Project  Chassis no. ZFFJA09B000049897
1984 Ferrari  512 BBi Coupé Project  Chassis no. ZFFJA09B000049897
1984 Ferrari  512 BBi Coupé Project  Chassis no. ZFFJA09B000049897
1984 Ferrari  512 BBi Coupé Project  Chassis no. ZFFJA09B000049897
1984 Ferrari  512 BBi Coupé Project  Chassis no. ZFFJA09B000049897
1984 Ferrari  512 BBi Coupé Project  Chassis no. ZFFJA09B000049897
1984 Ferrari  512 BBi Coupé Project  Chassis no. ZFFJA09B000049897
1984 Ferrari  512 BBi Coupé Project  Chassis no. ZFFJA09B000049897
1984 Ferrari  512 BBi Coupé Project  Chassis no. ZFFJA09B000049897
1984 Ferrari  512 BBi Coupé Project  Chassis no. ZFFJA09B000049897
1984 Ferrari  512 BBi Coupé Project  Chassis no. ZFFJA09B000049897
1984 Ferrari  512 BBi Coupé Project  Chassis no. ZFFJA09B000049897
1984 Ferrari  512 BBi Coupé Project  Chassis no. ZFFJA09B000049897
1984 Ferrari  512 BBi Coupé Project  Chassis no. ZFFJA09B000049897
1984 Ferrari  512 BBi Coupé Project  Chassis no. ZFFJA09B000049897
1984 Ferrari  512 BBi Coupé Project  Chassis no. ZFFJA09B000049897
1984 Ferrari  512 BBi Coupé Project  Chassis no. ZFFJA09B000049897
1984 Ferrari  512 BBi Coupé Project  Chassis no. ZFFJA09B000049897
1984 Ferrari  512 BBi Coupé Project  Chassis no. ZFFJA09B000049897
1984 Ferrari  512 BBi Coupé Project  Chassis no. ZFFJA09B000049897
1984 Ferrari  512 BBi Coupé Project  Chassis no. ZFFJA09B000049897
1984 Ferrari  512 BBi Coupé Project  Chassis no. ZFFJA09B000049897
Auction information

This auction is now finished. If you are interested in consigning in future auctions, please contact the specialist department. If you have queries about lots purchased in this auction, please contact customer services.

Buyers' Obligations

ALL BIDDERS MUST AGREE THAT THEY HAVE READ AND UNDERSTOOD BONHAMS' CONDITIONS OF SALE AND AGREE TO BE BOUND BY THEM, AND AGREE TO PAY THE BUYER'S PREMIUM AND ANY OTHER CHARGES MENTIONED IN THE NOTICE TO BIDDERS. THIS AFFECTS THE BIDDERS LEGAL RIGHTS.

If you have any complaints or questions about the Conditions of Sale, please contact your nearest customer services team.

Buyers' Premium and Charges

Like the vast majority of auctioneers Bonhams charge what is known as a Buyer's Premium. Buyer's Premium on all Automobilia lots will adhere to Bonhams group policy:

27.5% on the first £2,500 of the hammer price; 25% of the hammer price of amounts in excess of £2,500 up to and including £300,000; 20% of the hammer price of amounts in excess of £300,000 up to and including £3,000,000; and 13.9% of the hammer price of any amounts in excess of £3,000,000. This applies to each lot purchased and is subject to VAT.

For Motor Cars and Motorcycles a 15% Buyer's Premium is payable on the first £500,000 of the final Hammer Price of each Lot, and 12% on any amount by which the Hammer Price exceeds £500,000. VAT at the standard rate is payable on the Premium by all Buyers, unless otherwise stated.

Some lots may be subject to VAT on the Hammer Price. These lots will be clearly marked with the relevant symbol printed beside the lot number in the catalog.

Payment Notices

For payment information please refer to the sale catalog.

Shipping Notices

For information and estimates on domestic and international shipping as well as export licenses please contact Bonhams Shipping Department.