Yet another Ferrari F40 crashed today. This time, the crash is in Gold Coast in the state of Queensland, Australia. The car has dealer registration. That means, either the car is crashed by a person doing test drive. Otherwise, it could be dealer or sales person taking for a spin. Police mentioned that the driver has lost control and crashed the car.
Ferrari F40 Crash – Whose fault was it?
Nowadays we are seeing many Ferrari F40s getting into trouble. They are either catching fire or getting crashed after losing control. Obviously, people start to suspect that the cars are not reliable. Excess speed seems to be the cause of the crash. The car has over shoot the kerb and landed between the trees on the side slope. Police mentioned that two people were in the car at the time of crash.
Australian registration rules: Will the Ferrari be lost for ever?
Luxury car crashes in Australia is more expensive compared to other countries. One of the main reasons is the strict rules against cars that are crashed or totaled. Unlike US, UK and other major countries, in Australia it is absolutely hard to re-register a car that has an insurance title. Sometimes cars with title as “Repairable write-offs” cannot be registered in the state of NSW, though it is allowed in other states. What it means is that a car with such title drops in value considerably. It is suggested in many occasions for expensive cars to be repaired with the owner paying cash without a title.
What happens to Ferrari F40 market?
If the car is not recoverable, then it is going to be another loss to the already depleting fleet of Ferrari F40s. That is going to jack up the price of these special cars even further.
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