CLASSICS CHATTER AUCTION UPDATES: 1986 FERRARI 412GT COUPE - BONHAMS AUCTIONS GOODWOOD MEMBERS MEETING SALE SUNDAY 18th MARCH 2018

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TODAY WE FEATURE

BONHAMS AUCTIONS

GOODWOOD MEMBERS MEETING SALE

SUNDAY 18th MARCH 2018

GOODWOOD CIRCUIT, CHICHESTER

1986 FERRARI 412GT COUPE

Coachwork by Pininfarina

Registration no. C339 ADL

Chassis no. ZFFYD24B000060943

* Left-hand drive

* Automatic transmission

* Present ownership for the last five years

* Recent extensive refurbishment

* Circa 70,000 kilometres recorded (approximately 43,400 miles)

Produced between 1985 and 1989, the Ferrari 412 was the final glorious flowering of the '400' series of luxurious four-seaters that had commenced with the introduction of the 365GT/4 2+2 in 1972. Launched at the 1976 Paris Salon, the successor-model 400GT gained a 4.8-litre version of the four-cam V12 engine but otherwise differed only in detail. Following successful experiments carried out by engineers in the USA, the 400 became the first Ferrari to offer automatic transmission as an option. The unit chosen - General Motors' three-speed Hydra-Matic 400 - was widely regarded as the world's best, having been used by Cadillac and subsequently by Rolls-Royce and Jaguar among others. The flagship of the Maranello range, the splendidly equipped 400GT featured self-levelling independent rear suspension, power-assisted steering, electric windows and optional air conditioning. Its arrival reaffirmed Ferrari's determination to compete with the world's finest luxury saloons.

Representing evolution rather than revolution, the 412 debuted at the Geneva Motor Show in 1985. The newcomer enjoyed a small (119cc) capacity increase, anti-lock brakes, revised interior and bumpers colour co-ordinated with the bodywork, while an improved front air dam and raised boot deck reduced the 412's already low coefficient of drag by around ten percent. By the time production ceased in 1989, Ferrari's finest 2+2 had been in production for a remarkable 17 years, though its exclusivity meant that there were seldom more than 200 sold in any one year.

Ferrari's decision to equip the 400 series with automatic transmission was vindicated by the fact that more than two-thirds of customers took up the option, including the original purchaser of this example. Left-hand drive chassis number '60943' was delivered new in February 1986 to Jedda, Saudi Arabia finished in Bianco Ferrari (Ferrari White) with matching leather interior, its present colour scheme (see Ferrari Classiche letter on file). The following mechanical works have been carried out within the last 500 miles: fitting new fuel pumps, exhaust straps, distributor cap, suspension bush, replacement brake callipers all round, seat switches, new battery, breather hoses, fuel filler flap, and replacement oil filters. The Ferrari has also been treated to a very nice interior re-trim. Around £15,000 has been spent on the car: £5,000 on mechanicals at QV London; £5,000 on the interior re-trim; and £5,000 on a complete re-spray to a very high standard (the paintwork is like glass).

We are advised by the vendor that everything on the car appears to be working, including the air suspension, while both bonnet and boot pop 'on the button', as they should. Said to drive very well, 'C339 ADL' comes with sundry bills, current MoT, a V5C Registration Certificate, and the aforementioned Ferrari Classiche letter.