1984 Ferrari 400i

Base 2+2 Coupe
A bold move for RM Sotheby's paid off with $228M in Monterey
Thursday, 18 August - Saturday, 20 August
Sale Price
$80,000 - $100,000
Est. Range
20 August 2022
Sold Date
Lot Number
Unrestored original
RM Sotheby's
Auction House
Chassis number ZFFEB06B000054057. Grigio Metallizzato over Crema leather. 4823cc V-12/310hp, automatic, alloy wheels, Michelin TRX tires, power windows, air conditioning, Blaupunkt stereo, books and tools.

Evaluation: Showing 10,333 original miles and recently got an $11,000 service. Mostly good paint with some small chips and scratches on the nose along with a long crack near the right headlight. Significant chipping around the edges of the doors. Good, lightly worn interior but there is some odd wear to the leather above the gauge cluster. A lightly used, mostly well-kept example of one of Ferrari’s less celebrated lines of four-seaters.

Bottom line: The 400/412 carries the unenviable distinction of being the first Ferrari sold with an automatic, in this case GM’s tried and true Turbo Hydramatic 3-speed. Blasphemy for purists, but in the end about two-thirds of 400/412 buyers chose the auto over the 5-speed. The looks also didn’t win these cars many accolades, especially compared to the supple curves of ’60s Ferraris, but they do look a lot better in person even if the quips about overgrown Accords never stop. 400/412s have long been the affordable entry into 12-cylinder Ferrari ownership and they still are the affordable way, at least relatively speaking. They have gotten pricier over the past year, but everything with a prancing horse badge has. So this result, while a bit of a shock if you haven’t been following these cars lately, was impressive but not crazy in the setting of Monterey ’22.

by Andrew Newton
6 September 2022
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Condition definitions
Condition #1: Concours
Condition #1 vehicles are the best in the world. The visual image is of the best vehicle, in the right colors, driving onto the lawn at the finest concours. Perfectly clean, the vehicle has been groomed down to the tire treads. Painted and chromed surfaces are mirror-like. Dust and dirt are banned, and materials used are correct and superbly fitted. The one word description for #1 vehicles is “concours.“
Condition #2: Excellent
#2 vehicles could win a local or regional show. They can be former #1 vehicles that have been driven or have aged. Seasoned observers will have to look closely for flaws, but will be able to find some not seen by the general public. The paint, chrome, glass and finishes will all appear as excellent. No excessive smoke will be seen on startup, no unusual noises will emanate from the engine. The vehicle will drive as a new vehicle of its era would. The one word description for #2 vehicles is “excellent.“
Condition #3: Good
#3 vehicles could possess some, but not all of the issues of a #4 vehicle, but they will be balanced by other factors such as a fresh paint job or a new, correct interior where applicable. #3 vehicles drive and run well, but might have some incorrect parts. These vehicles are not used for daily transportation but are ready for a long tour without excuses, and the casual passerby will not find any visual flaws. “Good” is the one word description of a #3 vehicle.
Condition #4: Fair
#4 vehicles are daily drivers, with flaws visible to the naked eye. The chrome might have pitting or scratches, the windshield might be chipped. Paintwork is imperfect, and perhaps the body has a minor dent. Split seams or a cracked dash, where applicable, might be present. No major parts are missing, but the wheels could differ from the originals, or other non- stock additions might be present. A #4 vehicle can also be a deteriorated restoration. “Fair” is the one word that describes a #4 vehicle.
Condition #5: Poor
Running, but battered, incomplete, and perhaps rusty.
Condition #6: Parts car
Parts car.
Hagerty only assigns condition ratings to vehicles we can inspect in person or, for online listings, via high-quality photography.