AutosPaddlUp achieves its most lucrative Supercar sale to date...

PaddlUp achieves its most lucrative Supercar sale to date with classic Ferrari F40

-

- Advertisment -sslate

Supercar sales platform PaddlUp has sold its notoriously wrapped, grey Ferrari F40 notching its biggest sale thus far. Facilitating the transaction of the iconic used sports car yielded an enviable ROI (return on investment) that’s befitting of the brand’s focus on automotive investing.

supercar sales

Acting as PaddlUp’s ambassador since the brand took its first steps into the market in mid-2021, the F40 has become synonymous with Co-Founder Joe Priday and CEO Tim Mayneord’s vision of a premium car sales platform that caters exclusively to rare and unique vehicles. More often than not, the examples for sale at PaddlUp are used performance cars, sports cars and supercars from the likes of Ferrari, Lamborghini, Bentley, Porsche and Aston Martin.

supercar sales

Having found the F40 in April 2017, Priday lovingly restored it back to its former glory through detailing and PPF (paint protection film). He then kept it in his private collection – embracing the delights of supercar ownership, driving it periodically – until such a time that his passion project, PaddlUp came to fruition. It was then wrapped by internet sensation Yiannimize in matte grey and embellished with the company’s logo.

During its tenure as ‘the face’ of PaddlUp, the classic eighties poster car turned heads at many of the UK’s most prestigious automotive events including the Goodwood Festival of Speed, Supercar Fest and even acting as a prom car at one point.

supercar sales

When PaddlUp positioned the car for sale off-market in 2022 and subsequently received an offer it couldn’t refuse, Priday met his target value resulting in the supercar sales platform’s biggest sale to date. That value translated into a healthy 80 per cent ROI, surpassing other forms of investment such as property or traditional stocks and shares.

supercar sales

It’s not just PaddlUp’s signature F40 that has gone under the hammer either. One of Priday’s other automotive exploits was a stunning white Lexus LFA, which was kept in near-mint condition boasting ultra-low mileage and much of its factory-fresh plastic wrapping still in place. It quickly followed in the F40’s stead in becoming a PaddlUp ambassador before a sale was brokered in mid-2022, also yielding an impressive 80 per cent return.

Tim Mayneord, PaddlUp CEO commented: “These sales are a testament to our team’s hard work and knowledge of the high-end used car market and thanks to Joe [Priday]’s expertise in wealth management and investing in collecting cars. We’re delighted to reveal the sale of the Ferrari F40 is PaddlUp’s biggest to date and a landmark moment for our premium used supercar platform.

supercar sales

“Both the F40 and the LFA served us well when we launched our brand over a year ago and at all of the events up and down the country that we’ve attended. Now though, it’s time for a new chapter for PaddlUp. Keep your eyes peeled to our social media channels for what might become our next signature car in the coming weeks.”

Sunshine Slate
Sunshine Slatehttps://www.sunshineslate.com
Sunshine Slate is your news, entertainment, music fashion website. We provide you with the latest breaking news and videos straight from the United States of America.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

PERLIE’s Comfort Men’s Shoes Are Taking America By Storm

PERLIE’s unique and patented technology combining sneaker comfort with the looks and quality of luxury men’s shoes, has taken America by storm

Small businesses show their community spirit with support and solidarity in challenging times

New research shows the incredible camaraderie and resilience that exists among small business owners in the face of ongoing challenges.

Florida Nonprofit Helps Offset High Cost of Insulin

November is National Diabetes Awareness Month, a time to bring attention to a disease affecting more than 37 million Americans,

Can Wheel Spacers Cause Vibration at High Speed

Wheel spacers are important for your vehicles. This article shows us whether wheel spacers cause vibration.
- Advertisement -

5 New Shows Expected to Bring a Lot of Entertainment  

Without any further delay, here are some exciting shows you can plan on watching

Best Apps for your New Mobile Phone

We can install any app from the google play store very quickly. Let’s take a look at some most amazing apps for android mobile phones.
edealo.com
- Advertisement - Motel 6
transformerscon

Must read

Best Apps for your New Mobile Phone

We can install any app from the google play store very quickly. Let’s take a look at some most amazing apps for android mobile phones.

Uncertainty Hovers on Clean Water Act’s 50th Anniversary

The Clean Water Act turns 50 this week, but parts of it are being challenged in a case before the U.S. Supreme Court.
- Advertisement -
- Advertisement -sslate

You might also likeRELATED
Recommended to you