News

A few more asking prices from the "golden years"

Discussion in 'Vintage Ferrari Market' started by bannishg, Sep 9, 2012.

  1. energy88

    energy88 F1 World Champ
    Rossa Subscribed

    Jan 21, 2012
    10,721
    Fredericksburg, VA & Sarasota, FL
    Full Name:
    John
    Wow! Not a single price over $100,000. Chump change now days.
     
  2. 375+

    375+ F1 Veteran
    Silver Subscribed Rossa Subscribed

    Dec 28, 2005
    6,387
    #279 375+, Jan 2, 2016
    Last edited by a moderator: Sep 7, 2017
    Tenney and jimlt4383 like this.
  3. bannishg

    bannishg Formula Junior

    Oct 6, 2008
    480
    Springfield area, MA
    Full Name:
    Greg
    I'm sure whoever purchased that GTO is regretting having paid so much back in 70/71 considering how cheap they are today!
     
  4. 375+

    375+ F1 Veteran
    Silver Subscribed Rossa Subscribed

    Dec 28, 2005
    6,387
    It is s/n 5573 which ended-up with Bardinon. The story of the transaction--Kirk White, crash and eventual sale--is a quite a tale.
     
  5. bannishg

    bannishg Formula Junior

    Oct 6, 2008
    480
    Springfield area, MA
    Full Name:
    Greg
    I know Kirk got it for only $5800. Any idea what he sold it for? I know one of the GTO64's went to England for around 25-28k US in Spring 74
     
  6. 375+

    375+ F1 Veteran
    Silver Subscribed Rossa Subscribed

    Dec 28, 2005
    6,387
    I'll see if I can find out what the number was. It was a messy, litigious deal, perhaps Marcel can offer his take on it?
     
  7. KenGoldman

    KenGoldman Formula Junior
    Rossa Subscribed Owner

    May 25, 2009
    503
    MASS., USA
    Full Name:
    Kenneth Goldman
    Anyone have a time machine for rent??

    Will pay very well for this !!

    Ken Goldman
     
  8. dwhite

    dwhite F1 Rookie

    Yeah, then go back and buy some Micosoft and Fiserv.
     
  9. Ferrari 308 Vetro

    Ferrari 308 Vetro F1 Rookie
    Rossa Subscribed

    Nov 12, 2012
    4,389
    Austria
    Great thread, thanks for posting
     
  10. bannishg

    bannishg Formula Junior

    Oct 6, 2008
    480
    Springfield area, MA
    Full Name:
    Greg
    The R&D costs into creating a time machine might actually be cheaper than a GTO! My favorites are the ads from the early 50s, with Duesenbergs being offered at $500 to $2000. By 1970, when GTO's were under $10k, the Duesenbergs were $25k to $60k, so p-erhaps it would be most logical to go to 1950, get a Duesey, go forward 20 yrs, sell it, and buy a fleet of Ferraris!
     
  11. Sandy Eggo

    Sandy Eggo F1 Rookie
    BANNED

    Jun 4, 2009
    3,275
    Encinitas, CA
    Full Name:
    Rick
    Thank you so much for posting all of these ads. This is a virtual treasure trove of information/data. The fact that you include the source and date is just astounding.

    Makes one wonder, how did you come upon all of this - have you been personally tracking this info for decades?
     
  12. bannishg

    bannishg Formula Junior

    Oct 6, 2008
    480
    Springfield area, MA
    Full Name:
    Greg
    TBH, no. I'm only 27, and really only began tracking collector car prices in 2006. Hard to say what brought me into it, or to the mania level I've taken it to, I just find observing speculation of once overlooked/underrated subjects fascinating and keep a similar library for other marques, as well as for real estate and coins. I have access to online newspaper databases and have been lucky enough to get the literature very cheaply, often free. The closet I store my magazines in has stacks that reach the ceiling. Unlike 99.9% of the ppl here, I find it perhaps the most intriguing aspect of the Ferrari universe, perhaps because ownership is well beyond my means, at least for now.
     
  13. KenGoldman

    KenGoldman Formula Junior
    Rossa Subscribed Owner

    May 25, 2009
    503
    MASS., USA
    Full Name:
    Kenneth Goldman
    When I bought my 330 GTC (Back in 2009) I spoke to one of the early owners. They were just used cars in the 1970's (Reflected by the prices you see) and were out of favor.

    In 1980, I bought a new 308 GT4. At that time, I could have gotten a Lusso, 330 GTC or other earlier car for about 50% of what I paid. But, just like today, why would you want an old car--when you can buy one "brand new".

    The articles are wonderful--We all appreciate your time & effort here !!

    Best wishes,
    Ken Goldman
     
  14. bannishg

    bannishg Formula Junior

    Oct 6, 2008
    480
    Springfield area, MA
    Full Name:
    Greg
    #296 bannishg, Jan 3, 2016
    Last edited by a moderator: Sep 7, 2017
    May have some duplicates here, but here are some things you could have bought in 1980 for around the price of a new 308gt4 (ouch!):
    Image Unavailable, Please Login
    Image Unavailable, Please Login
    Image Unavailable, Please Login
    Image Unavailable, Please Login
    Image Unavailable, Please Login
    Image Unavailable, Please Login
    Image Unavailable, Please Login
    Image Unavailable, Please Login
    Image Unavailable, Please Login
    Image Unavailable, Please Login
    Image Unavailable, Please Login
    Image Unavailable, Please Login
    Image Unavailable, Please Login
    Image Unavailable, Please Login
    Image Unavailable, Please Login
    Image Unavailable, Please Login
     
  15. JohnnyRay

    JohnnyRay Formula 3
    Silver Subscribed

    From post #291

    330GTS...my dream car! For $10K +/- in 1975! Who knew? I was graduating high school at the time, and back then my interest was in more plebian Mustangs and Shelbys. Later, in the early 80s, I bought a nice, low mile 1974 Pantera for $15K. Little did I realize at the time that I could have had an Enzo era Ferrari for similar money. Or a Cobra. Of course, that was all the money in the world back then... :) Still have that Pantera though!
     
  16. richardson michael

    Aug 17, 2013
    239
    brittany. france
    Full Name:
    michael richardson
    I attended the first Christies sale at the Montagu museum(now the national motor museum UK) .There was a GT40,one of the street legal cars produced by Ford Advanced Vehicles. One owner,Von Karajan,conductor of the Berlin Philamonic. 66 reg,Blue mink,9K miles. It is 1973. I wanted that car !However,a month before the sale I had bought a nice three bedroom detached house in our local village for £11250. The GT40 hammer was £10K,so 11 with commission. The house now ,I guess around £350K. The GT40 ? Priceless.
     
    Timmmmmmmmmmy likes this.
  17. ag512bbi

    ag512bbi F1 Veteran
    Rossa Subscribed Owner

    Nov 8, 2003
    6,212
    So. Cal
    Full Name:
    Armen
    Actually, this is probably my favorite thread on F-chat.
    Thank you.
    All I need is a time machine.
     

Share This Page