| Vancouver Auto Chat 2016 VAC Community Head Moderator: Raid3n |
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08-19-2019, 03:09 PM
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#1 | | I subscribe to Revscene
Join Date: Apr 2012 Location: Vancouver
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| Ferrari F40 at Vancouver Dealership
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08-19-2019, 04:23 PM
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#2 | | RS has made me the bitter person i am today!
Join Date: Oct 2016 Location: Ricemond
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i saw it at the service bay in ferrari maserati of vancouver all the time. . Practically every time I went in for service, it was there. Pretty sure the guy spent like over well 100k on maintenance throughout the years. 
Here it is on the lift last time i was in for service. I guess he finally got rid of it. Wouldnt surprise me SR picked it up... or maybe SR is doing it on consignment. Who knows.
Last edited by Badhobz; 08-19-2019 at 04:29 PM.
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08-19-2019, 05:40 PM
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#3 | | I contribute to threads in the offtopic forum
Join Date: Apr 2014 Location: Van
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I wonder if this was the one that was crashed a few years ago
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08-19-2019, 07:48 PM
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#4 | | Rs has made me the woman i am today!
Join Date: Jan 2011 Location: Vancouver DT
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someone managed to crash their f40!?
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08-19-2019, 08:01 PM
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#5 | | I WANT MY 10 YEARS BACK FROM RS.net!
Join Date: Oct 2007 Location: Vancouver BC
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iirc risked it driving old r-compounds in the rain after a concours at van dusen
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08-19-2019, 08:12 PM
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#6 | | Need my Daily Fix of RS
Join Date: Feb 2013 Location: vancouver
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I might go and peek at it lol. It’s my favourite Ferrari of all time
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08-19-2019, 08:17 PM
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#7 | | My homepage has been set to RS
Join Date: Dec 2011 Location: BC
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08-19-2019, 09:50 PM
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#8 | | Proud to be called a RS Regular!
Join Date: Oct 2004 Location: Vancouver
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So it has a rebuilt status?? Lolz
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08-19-2019, 10:10 PM
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#9 | | Willing to sell body for a few minutes on RS
Join Date: Aug 2004 Location: Duncan, BC
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That’s heartbreaking  | |
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08-20-2019, 06:58 AM
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#10 | | My homepage has been set to RS
Join Date: Oct 2011 Location: Richmond
Posts: 2,195
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Originally Posted by SkydiveDan  So it has a rebuilt status?? Lolz | Rebuilt status for a car that rare means nothing. This is not going over the Billy Bob's autobody to get the frame pulled.
This went back to Ferarri and got brand new OEM everything. I would not be surprised if it came back better than it was prior to the accident.
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08-20-2019, 09:25 AM
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#11 | | I Will not Admit my Addiction to RS
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Originally Posted by trollface Rebuilt status for a car that rare means nothing. This is not going over the Billy Bob's autobody to get the frame pulled.
This went back to Ferarri and got brand new OEM everything. I would not be surprised if it came back better than it was prior to the accident. | Unless the Ferrari dealership has a body shop in house, they probably sent it to a nearby body shop to get it done.
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08-20-2019, 09:27 AM
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#12 | | My homepage has been set to RS
Join Date: Oct 2011 Location: Richmond
Posts: 2,195
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Originally Posted by lowda9 Unless the Ferrari dealership has a body shop in house, they probably sent it to a nearby body shop to get it done. | The luxury car ultimately had to be shipped to Toronto for repairs, bringing the ICBC payout up to a total of $790,000. The insurer has covered those costs but Heran says that still is not enough, and is now suing ICBC to cover what he says is the full cost of repairs: an estimated $982,000.
Ferarri is not going to send a whole rear tub for a F40 to any body shop.
Last edited by trollface; 08-20-2019 at 09:32 AM.
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08-20-2019, 10:03 AM
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#13 | | Performance Moderator
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^
See now that guy is a prime example of someone who should be paying like $50,000+ a year for insurance or considered not insurable... way too much risk for the provider.
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08-20-2019, 11:24 AM
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#14 | | My homepage has been set to RS
Join Date: Oct 2011 Location: Richmond
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I think someone at ICBC goofed up.
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08-20-2019, 11:31 AM
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#15 | | MOD MOD MOD MOD MOD
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Originally Posted by trollface I think someone at ICBC goofed up. | either goofed up, or paid off...
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08-20-2019, 11:52 AM
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#16 | | I *heart* Revscene.net very Muchie
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so in his lawsuit, he openly claims to be a show off? LOL Quote: |
Heran said in his latest notice of civil claim against the agency that it was “unsettling and embarrassing” for him to have the Ferrari absent from his vehicle collection, “which he makes available for public display and appreciation.”
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08-20-2019, 12:00 PM
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#17 | | To me, there is the Internet and there is RS
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The only reason was absent in the first place was because his stupid ass crashed it.
__________________ 1991 Toyota Celica GTFour RC // 2007 Toyota Rav4 V6 // 2000 Jeep Grand Cherokee
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08-20-2019, 12:29 PM
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#18 | | My homepage has been set to RS
Join Date: Oct 2011 Location: Richmond
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Originally Posted by Hakkaboy so in his lawsuit, he openly claims to be a show off? LOL | If I recall correctly, he used it for charity to raise money for hospitals. If you look at the facts, he really did nothing wrong. Him claiming embarrassment is stupid and should be thrown out, but ICBC underinsured the value of the car and that's not really his fault, and that's the core of the issue.
I'm not a risk assessment or insurance guy, but I'm guessing premiums are based on factors other than dollar value. Usage type/duration/storage/replacement/repair/driver history etc. How much road time does a F40 really see a year? 50km? That risk of it being damaged is actually very low.
I'm sure Civics are wrecked 1000x more than F40s. Add up all the Civic claims and throw up the fact that body shops just RIP ICBC, I'm sure ICBC lost way more money on those than a one-off case with a F40 that' prob wont happen again in our lifetime.
Someone at ICBC did not look at how much these cars were going for when they assigned the premium for it. Even if the F40 premium was, 10k, 20, 30, even $50k, they would have taken a haircut on this one. The premium will always be lower than the value, otherwise who would buy insurance? Anytime someone makes a claim, they take a haircut. They are betting on the fact that you only make one claim every X years and play the numbers. Premiums are not the issue. They bet on statistics and got burned.
ICBC paid 700k, they want 900k. It's really not THAT crazy. Yes, they took a haircut on this one, but I've been paying premiums for 20 years and have not made one claim. That's $40k in profit just from me and there are many like me.
Not to go down the rabbit hole, but ICBC made their bet, and got burned with this one. But how many F40's are going to get wrecked in BC in our lifetime? 1? The real problem is body shops charging ICBC 3k to replace a bumper on the thousands of civics on the road. One wrecked F40 that will prob even happen again in another 50 years is NOT the reason ICBC is losing money lol.
Last edited by trollface; 08-20-2019 at 12:49 PM.
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08-20-2019, 02:42 PM
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#19 | | Proud to be called a RS Regular!
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SR Auto has a lot of nice cars for display lol. They have another location in Richmond also.
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08-20-2019, 02:50 PM
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#20 | | To me, there is the Internet and there is RS
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If I remember the story right the guy was at the Luxury & Supercar Weekend car show and was drinking. So he called his sister in law to drive it and she is the one who crashed it.
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08-20-2019, 07:40 PM
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#21 | | Need my Daily Fix of RS
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Is it confirmed that it is in fact Herans car for sale? Or is it another one?
edit: is it even for sale? or is it part of private collection and just parked there for display.
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08-20-2019, 10:03 PM
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#22 | | NEWBIE ACCOUNT!
Join Date: Aug 2018
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The car is not for sale. It's held at their "private collection" along with some other collectables... EXCLUSIVE | Sr Auto Group | British Columbia | |
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08-21-2019, 06:19 AM
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#23 | | I WANT MY 10 YEARS BACK FROM RS.net!
Join Date: Oct 2007 Location: Vancouver BC
Posts: 21,772
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Originally Posted by trollface If I recall correctly, he used it for charity to raise money for hospitals. If you look at the facts, he really did nothing wrong. Him claiming embarrassment is stupid and should be thrown out, but ICBC underinsured the value of the car and that's not really his fault, and that's the core of the issue.
I'm not a risk assessment or insurance guy, but I'm guessing premiums are based on factors other than dollar value. Usage type/duration/storage/replacement/repair/driver history etc. How much road time does a F40 really see a year? 50km? That risk of it being damaged is actually very low.
I'm sure Civics are wrecked 1000x more than F40s. Add up all the Civic claims and throw up the fact that body shops just RIP ICBC, I'm sure ICBC lost way more money on those than a one-off case with a F40 that' prob wont happen again in our lifetime.
Someone at ICBC did not look at how much these cars were going for when they assigned the premium for it. Even if the F40 premium was, 10k, 20, 30, even $50k, they would have taken a haircut on this one. The premium will always be lower than the value, otherwise who would buy insurance? Anytime someone makes a claim, they take a haircut. They are betting on the fact that you only make one claim every X years and play the numbers. Premiums are not the issue. They bet on statistics and got burned.
ICBC paid 700k, they want 900k. It's really not THAT crazy. Yes, they took a haircut on this one, but I've been paying premiums for 20 years and have not made one claim. That's $40k in profit just from me and there are many like me.
Not to go down the rabbit hole, but ICBC made their bet, and got burned with this one. But how many F40's are going to get wrecked in BC in our lifetime? 1? The real problem is body shops charging ICBC 3k to replace a bumper on the thousands of civics on the road. One wrecked F40 that will prob even happen again in another 50 years is NOT the reason ICBC is losing money lol. | and icbc is still operating 7-figures in the red
we have too many high end cars here, $120k+ vehicles should be insured privately so it doesnt affect Civic owners
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08-21-2019, 06:36 AM
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#24 | | RS.net, helping ugly ppl have sex since 2001
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There is also 1000x (actually probably 100,000x) more civics on the road paying dues. Despite the fact the F40 crash is 1 in a million, they should be paying more for insurance.
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08-21-2019, 08:09 AM
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#25 | | My dinner reheated before my turbo spooled
Join Date: Oct 2002 Location: vancouver
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Originally Posted by trollface Not to go down the rabbit hole, but ICBC made their bet, and got burned with this one. But how many F40's are going to get wrecked in BC in our lifetime? 1? The real problem is body shops charging ICBC 3k to replace a bumper on the thousands of civics on the road. One wrecked F40 that will prob even happen again in another 50 years is NOT the reason ICBC is losing money lol. | Where can i sign up to replace a bumper on a civic for 3k
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