'65 275 GTB shortnose on ebay

on barchetta.cc : 275 GTB 1965 Alfred Ducato by Chinetti
Hillsborough - California

 

If it sells a 295K$ i will go nuts !

 

It's nice they took time to take good pictures.

 

Lets all chip in and make get this baby back in shape!

 

I'm not really up on the market for this car. Can it be worth $300-400K restored? And he's looking for $300K pre-restoration.

Am I missing something here? Car would need $100K+ worth of work, right?

Has the world gone MAD??? Or am I just insane?

DM

 

I asked the seller..."FML pegs this car at $250K max, restored. Do you have a reason why this car should be worth 2-3X that, when restored? It's going to take $1500-200K to fix, add that to your asking price, puts this car over $500K. Thanks for any information you can provide. Oh, do you have better pictures? Dave M."


His reply:

DAVE: THE LAST SHORTNOSE SOLD AT NEAR $400K, WITH THE FACTORY 6 CARB SET UP THIS CAR WILL SELL FOR $500-600K WITH NO PROBLEM. EVEN FML CANNOT KEEP UP WITH ALL 275"S 2 AND 4 CAM'S, LUSSO'S ETC. HOPE THIS HELPS LARRY


True? False? I just don't get price run up differential.

DM

 

I can't comment on this particular car, but I do agree with his statement that the FML API does not keep up with the surge in prices for 275's, Lusso's and several others.

 

if its worth so much and so damn special, then why did they allow it to be covered with junk. i would bet the weight of all that crap has damaged the bodywork and possibly the windshield. one owner or not, how do people let cars get this bad and still keep them?

 

If I had 295k I'd be writing a check for that car right now.

 

Probably doesn't want to pay for posting extra photos in his listing....I can't see how he's seriously expecting to sell on ebay, much less for what he's asking. A 365 GTC/4(kind of pimped-out) and a nice-looking 330GTC were up on ebay until just a couple of days ago. Neither met reserve. The only Vintage cars that seem to sell there are cheap ones - usually fairly trashed 330 2+2's, with an occasional trashed GTE. I did see a 330 America in decent condition sell there in early '02, and have also seen a couple of nice 330 2+2's sell, but they were exceptions.

 

I got mine off an ebay listing (GTE in 2001). Two of the highest bidders flaked, but it looked like the car "sold". I ended up getting it for less than my 3rd highest bid.
My motto for the week: Steals and rip offs, with nothing in between !

This is a crazy price for a short nose, but I guess.....a seat for every ass, an ass for every seat could prove true if someone has more money than brains...

thx
luke

 

Hillsborough? - I am in Hillsborough. Luke - shall we go have a gander?

--Dan

 

Your GTE was an exception as well; I remember when it was first on ebay. Interesting coincidence: Alfred Ducato in Hillsborough, CA was the first owner of my 330. He must have had it and the GTB at the same time.

 

Alot of sellers consider EBay cheap advertisement. It is the cheapest worldwide sales tool out there. So I would think that many of the cars for sale that do not meet reserve, actually do sell. Any thoughts?

 

Agree. I'm sure that many cars that come to the market's attention on Ebay sell later privately. Ebay still makes money from the upfront fees, so everyone gets something out of it. But, then there are the cars that linger on the market for whatever reason--I've seen dealers and private owners list something there, it doesn't sell, and you see it on a website or in a magazine ad months later, or back on Ebay, sometimes for the third time or more.

 

sure...we can show up with a crate Chevy engine and a hoist......we could even start taking measurements to see if it would fit in the engine bay instead of that unreliable V12...
I am game if we can be of service to the community, including a possible buyer.

 

As amazing as it is, the asking price for this car is not really too far out of line , if it fact it really is a factory 6 carb with 1 owner. To restore this car, if it has no rust or body damage will cost around 100k. you would then have a finished "fresh" car. I think these cars are undervalued and are on the way up.I believe this car restored, and done by the right shop, will be worth 600k in a few years. Forget a 401k, 275gtb is the fund my money is in.

 

I couldn't imagine paying more than I did for my first house for something that looks like this :
Image Unavailable, Please Login

 

For US$ 220K it may come to the Netherlands. I will have it restored like new.

I made this offer to the owner but he told me he paid more.

I sold my very original alloy 6c 3 years ago for just little bit more, but that is live.

If there are any more interesting Ferraris in need of help and for sale in the States you may contact me.

Yours,
TOTO70_0

 

Notice the gap between the top of the tire and the fender? It appears that the car may not have the weight of an engine to compress the springs to normal ride height.

FWIW, Al

 

look carefully behind the front tire - maybe it's up on blocks??

doody.