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Closed Auction- Unsold

1978 Ferrari 512 BB

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  • Mileage~55,000 miles
  • TransmissionManual
  • Engine5.0L Flat 12
  • LocationLondon

AUCTION CLOSED

1978 Ferrari 512 BB

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Introduction

Adam Purrier
CEO

The 512 is a big deal Ferrari - it's a '70s poster car, it's a monster, it's a race winning legend.

Ferraris were designed and engineered to be driven - without compromise. But the crying shame is most of them are never set free to do what they were supposed to do - be driven.

Christoph is not one of those Ferrari owners - he's one that believes in Enzo's founding principles, and has thoroughly enjoyed driving this car over the last twenty six years.

Overall this car is in good condition, but importantly it's original and unmolested - this is a rare thing, as recent online sales of these cars have included highly modified and devalued examples. As you know, it's all about originality with cars of this calibre. When you look at original cars in excellent condition, i.e. top of the market examples that have sold at auction this year, then these total an average sale value of £210,000.

Christoph knows the market value, he's a finance guy after all, he's set realistic expectations on reserve, and since making the difficult decision to sell, he is now motivated to pass the car on to a new owner. This opportunity leaves the new owner with a significant amount of 'equity' to use as they please. If you're looking for a driver focused 512 then this is the car for you; out of the box. If you're looking for a 512 that's been well maintained but leaves room for minor cosmetic improvement, then this is also the car for you. If you're looking for a concours winning 'garage queen' then this isn't the car for you - that will have a £100k premium attached.

Personally if I owned this car then I'd put a bit of money aside to slowly improve it over time, e.g. reconolise the seats (but not too much), refurbish the wheels, sort the small paint defects and spend weekend hours detailing meticulously. At the end I'd be left with an original UK RHD 512 BB that can park next to best of them, but reassuringly I will know that I'll make it home after the event due to the mechanical investment Christoph has made in the car over the years.

This auction listing was written from information supplied by Adam after meeting Christoph the owner, and having visited and photographed the vehicle.

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Secure Auctions

We verify all our sellers and buyers to keep our community safe whilst also providing the highest levels of website security.

Full Transparency

8 out of 10 people that buy cars via our service don’t feel the need to visit due to the transparency and thoroughness of our listings.

Vehicle Delivery

We're there every step of your buying journey and will even arrange pick-up and delivery of your new vehicle.

Meet the owner

When my two boys were younger, they loved the car as much as I did.

Christoph reminisced how in 1975 he was upgrading from a 36hp Beetle to a 40hp example, by 1994 he bought this Ferrari and has truly loved it ever since. The was originally registered through his company until it as re-registered in 1998.

There are over 100 documents regarding Christoph's ownership, proving to be a caring owner that always wants to do right by the Italian thoroughbred. He is incredibly passionate about the Ferrari marque and has taken this example to a track more than once; hence why the tachometer is on its side.

Having been a member of the Ferrari Owners' Club for many years, he has had the pleasure of meeting fellow enthusiasts on leisurely drives to Goodwood for a more thrilling drive around the track, as well as road trips when his boys when they were younger that absolutely loved the car.

Christoph loves the history of this iconic car, he waxed lyrical to us on how this '70s Berlinetta boxer is a pivotal car in Ferrari's history. It is the last in an illustrious line of GT cars (think 250SWB, 275, Daytona) that were equally at home cruising the Promenade d’Anglais in Nice as they were competing in World Sports Car Championship races (512BBLM), with several top 10 finishes behind the prototypes (Le Mans, Monza, Silverstone) under its belt.

Christoph
Vehicle Owner

Ask the Owner

CONTACT OWNER

Exterior

Along with the '70s trademark of deep profile tyres and large wheels, the 512 BB has an undeniable sense on both presence and elegance.

Wheels and Tyres

Fat tyres and big wheels were the order of the day in the '70s, filling the large arches and providing an assertive stance.

A full set of Avon radial tyres have excellent tread and shape whilst the centre-locking classic Ferrari alloys are in original condition inline with the car's mileage and use.

Bodywork

Being the predecessor to the Testarossa, you can see where the later poster car got its gorgeous looks from. This car is truly an eye-catching example that keeps on giving at every angle.

Upon our visit, we saw no signs of dents or rust on any of the main external body panels. The panels show good fit across the car, and the doors open and close nicely with a reassuring sound.

The underside is in original condition too and would benefit from some time spent improving and making good.

The bodywork had minor repairs in May 2018; please view the photos and invoices in detail.

Paint

Sure you can have Ferraris in other colours, but in our opinion the Rosso Red is the one to have.

As mentioned, this example is in original condition, when you get close to the car you'll see small paint defects that have been touched in over the years, and the car could do with a good mop-and-polish.

However, importantly this car has not been 'tarted-up' for sale - it's a totally honest car laying its history out bare for you to see and appraise.

Please take time to review all the photos and videos to review the full condition of the car.

Glass and Trim

All in very good condition across the car.

Interior

Simply oozing '70s design - a distraction free track focused driving machine.

Seats and Carpets

Cream leather seats are upholstered with red piping and look sumptuous and original.

As this is an original car you will notice wear inline with the its age and mileage.

For safety reasons, Christoph has also fitted harness belts, however, the original belts are still in place.

Dashboard

The driver has a clear view of the horizon and dashboard for that thrilling driving experience.

All dials and gauges are clearly legible and Christoph assures us that all function as expected.

As mentioned, the car has had a documented change of clock from miles to kilometres and will be changed back prior to sale.

Christoph loves the period radio - it's a Becker 'Mexico' that he sourced specially.

Steering Wheel / Gear Stick

The steering wheel has been changed in the past - although this one really suits the car.

The new owner may choose to source a new steering wheel to put the interior back to original specification.

Mechanics

With a race winning flat 12 engine designed by Mauro Forghieri it's the last of the proper GT Ferraris.

Engine and Gearbox

This example has a wealth of history that traces everything Christoph, the current owner for 26 years, has done to the car during his ownership.

The engine and mechanics have been maintained thoroughly over the years with the most recent engine rebuild costing £30k. No expense has been spared to make sure this car drives as it should - even as I write this the car is having new cambelts fitted and full service. Also, the Ferrari specialist are replacing hoses that feed the radiator and also resolving the small oil leak that you can see in the images.

Remember this flat 12 engine originated from pure racing technology. It was developed from an original design by Mauro Forghieri that won the European Hill Climb Championship (212E Montagna) in 1969, the 1971 World Sportscar Championship (312PB) before going on to bring home 3 Formula One Championships in 1975/77 and 79 - no Ferrari GT model after that has that history.

We couldn't do our usual 'Cold Start' as Christoph travelled for two hours to visit us at the office, so we could see the condition for ourselves. We let the car cool down for a few hours and tested the engine starting again, and with any well-kept Ferrari, it burst into life.

Suspension and Brakes

You can see by the photos both the suspension and brakes have been maintained well. Christoph had a little drive back and forth around our premises and we heard no creeks or any unusual noises.

The discs brakes offer reliable performance having been refurbished during a full service in 2016. The shock absorbers were replaced with various other parts in May 2015.

The Drive

This car is a wonder to drive, thrilling and scintilating around a track, but it can also be used calmly on the road with a comfortable suspension and deep profile tyres.

The 512 was really the last of a dying breed in terms of track-ready performance on the road, but was also the birth of a new era for Ferrari as it was their first mid-mounted production car.

Electrics and Other

We are assured by Christoph that the period-correct radio works whilst the air-conditioning system is getting reviewed during its service in preparation for sale.

History and Paperwork

A wealth of history detailing everything Christoph has had done to the Italian masterpiece.

Coming with original owner's handbook with manual, stamped booklet, old MOTs from previous owners, copious invoices detailing Christoph's maintenance work.

As mentioned, Christoph has currently taken the car to an independent Ferrari specialist for a fully comprehensive service before sale. We will update the listing and comments section accordingly for you to assess.

Perforated pages in the stamped service booklet mean the mileage is not evident, however, at the start of the history gallery you'll find a detailed spreadsheet showing the history of the car prior to 1994.

The car is a UK RHD example that originally had the mph clock fitted (see picture). This speedometer was changed / officially documented to kms by Christoph - this is because he took the car into mainland EU many times and of course wanted to know the correct speed. So the car travelled 29,925 miles before moving to kms and then travelled a further 40,677 kms as recorded on our visit on the 1st September. This totals just over 55k miles. The mph clock will be put back prior to the new owner collecting the car (unless otherwise agreed).

The V5 states Christoph bought the car in 1998, however, he actually bought the car in 1994 under a previous business he owned called the Classic Camera Company - you'll see invoices to this company in the history file. So he's owned the car for 26 years in total.

Checks carried out by us:
- Photo ID of seller.
- V5 checked against sellers photo ID.
- HPi checked and clear.

Service History
Date Type Mileage
1978 to 2020 See Media File 0 - 55k miles
Key Details
  • Model512 BB
  • Transmission5 Speed
  • Reg. Date15.09.1978
  • CC4,942
  • Mileage~55k miles
  • HistoryFull
  • ColourRosso Corsa
  • Interior ColourCream
  • Interior TrimLeather
  • Chassis #24927
  • Engine #24927
  • Engine RebuildYes ~2012
  • MOT11.2020
  • MOT ExemptYes
  • HPi ClearYes
  • Former Keepers5
  • Tyre BrandAvon
  • LHD or RHDUK RHD
  • VisitedYes
  • Sale TypePrivate
  • Owned~26 Years
  • Key FeatureOriginality






Auction Closed

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This car didn't meet its reserve price and may soon be available as a private sale - please contact us for more information.

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Barnfather
Member
Barnfather

What’s the reserve price ?

Adam
Admin

Sorry – I can’t tell you before it’s met.

£127,000 bid by goldfinger 17.09.2020 @ 19:57:13
Adam
Admin

Good luck everyone – I’m here if you have any questions this evening 🙂

£126,000 bid by 2manycars 17.09.2020 @ 19:13:56
£125,000 bid by goldfinger 17.09.2020 @ 19:13:07
£123,000 bid by 2manycars 17.09.2020 @ 19:12:15
£121,000 bid by goldfinger 17.09.2020 @ 19:10:35
£120,000 bid by 2manycars 17.09.2020 @ 18:54:05
£118,000 bid by bonjour 17.09.2020 @ 18:45:13
£115,000 bid by 2manycars 17.09.2020 @ 12:10:47
£111,000 bid by bonjour 16.09.2020 @ 14:28:24
£110,000 bid by 2manycars 15.09.2020 @ 12:46:06
£105,000 bid by David77 14.09.2020 @ 17:36:25
Adam
Admin

Thanks Christoph and thanks for sending me the pro forma invoice from the Ferrari specialist. I just wanted to add – this bill is now well over £3k now and wanted to let people know you’re investing in making sure this car is in good health for the new owner. There are no servicing cost or work required for the new owner.

Christoph
Guest
Christoph

Good morning with a quick update from the workshop, where 163 COR is undergoing a Full Service with cam-belt replacement. All the “routine work” is now finished, additional work included dealing with a minor oil leak by changing 2 O-rings as well as replacing some engine bay fuel hoses. At the moment we are waiting for the arrival (due today) of a new coolant pipe in the radiator area.

£100,000 bid by 2manycars 12.09.2020 @ 17:56:44
£85,000 bid by goldfinger 12.09.2020 @ 14:54:38
£80,000 bid by 2manycars 12.09.2020 @ 11:16:46
£75,000 bid by goldfinger 12.09.2020 @ 11:11:49
£70,000 bid by 2manycars 12.09.2020 @ 11:09:48
£55,000 bid by goldfinger 12.09.2020 @ 11:08:12
£50,000 bid by 2manycars 12.09.2020 @ 10:41:40
£45,000 bid by goldfinger 10.09.2020 @ 19:48:05
£5,000 bid by CRcon99cr 10.09.2020 @ 14:52:26
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Vehicle Location

London

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