1972 Ferrari 365 GTC/4 (Chassis No. 16255) Project on BAT | FerrariChat

1972 Ferrari 365 GTC/4 (Chassis No. 16255) Project on BAT

Discussion in 'Vintage Ferrari Market' started by beng, Apr 7, 2025.

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  1. beng

    beng Formula Junior
    Silver Subscribed

    Jan 24, 2006
    655
    RSF, California
    Full Name:
    Benjamin Galdston
    Good lord, what happened here: https://bringatrailer.com/listing/1972-ferrari-365-gtc-4-12/

    This car apparently was for sale at Gullwing on 12/26/2014 for $272,500.00. It was described as intact, "a very complete and honest example," with its interior showing "nice patina": https://365gtc4.com/Registry/RegistryView.aspx?serialno=16225

    But the Massini report says it was last sold in September 2014 by Drivers Source.

    A ton of work was done in 2016 and 2018 . . . and then what? Owner disassembled it for a respray to original color? This seems like a losing proposition. Anyone care to guess what the buying price will be?

    What a fantastic color combination (Blu Ribot/Nero Cogolo). Another 1972 365 GTC/4 in the same configuration (chassis no. 15633) was sold out of the Rudi Klein collection by Sotheby's in even worse shape for $106,400.
     
    Texas Forever likes this.
  2. Shark01

    Shark01 F1 Veteran

    Jun 25, 2005
    6,355
    A quick glance shows up to a half dozen complete running cars between $230-300k. Just to throw a number at it, say it takes $75-$100k to bring it up to the $230k car, I would guess $130k or so.
     
  3. fiatosca

    fiatosca Formula Junior

    Feb 20, 2013
    401
    Bloomfield Hills, MI
    Full Name:
    Bob B
    Looks to have clean complete underbody and fresh engine rebuild. No photos provided to determine if there are any missing trim pieces. If it just requires paint and cosmetic reassembly it might do ok.
     
  4. Zanny1

    Zanny1 Formula 3
    Silver Subscribed

    Dec 19, 2003
    1,107
    Arizona
    Full Name:
    Mike
    C/4's always hard to sell. IMHO a really good car won't bring more than $230K right now.
    Paint job will cost $50K to do right. Assuming everything else is in good working order, this example should bring $130-150K. Invoices from Miller Motor Car a plus but always seem VERY high for the work performed.
    I've had two of these cars and they are fantastic drivers. Currently have 14633.... the last Ferrari I will ever own.
     
    of2worlds, FF4X4, beng and 1 other person like this.
  5. Marcel Massini

    Marcel Massini Two Time F1 World Champ
    Honorary

    Mar 2, 2005
    24,742
    No.
    It says it was sold TO Driversource. Not by Driversource. Quite a difference.
    Oh, btw, the report is eleven years old...........

    Marcel Massini
     
    dm_n_stuff likes this.
  6. Nembo1777

    Nembo1777 F1 World Champ

    Nov 4, 2006
    11,304
    opposite lock
    Full Name:
    Marc Sonnery
    Classic case of a sudden change of priorities or budget collapse for the owner.
     
  7. 375+

    375+ F1 World Champ
    Silver Subscribed

    Dec 28, 2005
    13,409
    In my experience, take your most pessimistic restoration estimate and triple it.
     
  8. Shark01

    Shark01 F1 Veteran

    Jun 25, 2005
    6,355
    Sold for $106k plus fees
     
  9. fiatosca

    fiatosca Formula Junior

    Feb 20, 2013
    401
    Bloomfield Hills, MI
    Full Name:
    Bob B
    If it runs and drives well (and that's a big "if"), I'm going to say well bought. That's assuming of course that the new owner is not interested in concours level restoration in which case you'd be under water even if the car was free.
     

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