Does changing the color effect value?

It does if the car was still in its original configuration when you do so.

 

One data point might be the 275 GTB sold at Bonham's Paris Auction yesterday. One thought is that if that car had been the original color, it might not have sold for 28% less than the lower value estimate. Of course, it is also difficult to separate out the impacts of a market that appears to be slowing in certain segments.

see article:
https://www.classicdriver.com/en/article/cars/bonhams-kicks-its-european-season-quintessential-french-style

 

I think we can argue this point till the cows come home but one thing is for sure:

There is a segment of the market that truly believes the car should be in its original colors and won't buy anything if it is not in it's original colors or can't be brought back to original due to cost etc.
When selling a car you want as many people in the buyers group as possible.
So by alienating some buyers that want original colors you may in fact bring in less money.
These days non-red cars are doing very well.

We strive to preserve these lovely cars especially the vintage ones so why not restore or maintain them in their original colors just as they left the factory.

 

Life's too short to drive around in a $h!t brindle brown Ferrari just because it's original. Unless of course, you like that color. Let the next guy change it back and take a small hit on price.

 

Don't buy a **** brown one to begin with.

 

Hi george, ask yourself the question.

You have 350k to spend.

Two boxers are on the market, one in resale red but was originally a silver car.

The second one is original silver, and repainted in silver.

Both are similar in mileage, and everything being equal.

Which one do you buy ?

I know which one I would buy.

 

Age old question. When my business partner restored his 330 America he chose a period correct dark silver. For my 250gte I have chosen a very dark blue. Neither car the original color.
My Dino was originally silver (now yellow) and if/when I restore it I'll probably choose one of the period blues available.

Have what you like. My theory is that my estate is welcome to do with my cars what they wish.

 

Few very well known collectors, like RL, LW and CE and before them VSch have decided to create collections with colors of their own, either their choice or single color. In this case the long term ownership and provenance add more than changing original color to another one, I would assume.

 

Interesting question.
My GTE is a non original colour, close to Grigio Fumo, but not quite.
At events I am often complimented on the colour which does seem to suit the car.
The original colour was a dark (non metalic) and IMHO far less attractive dark grey.
At some stage a re-paint will be on the cards.
Whilst I wouldn't use a non ferrari colour I'm torn as to whether to go back to the original shade or to choose something else from the factory GTE colour chart.
Then there is the question of 2 pac paint which by its very nature is un-original.

In regard to George's position, I would buy the best car you can find in terms of mechanical originallity and with the best interior and body you can find even if it is painted sh@t brown and then re-paint from the original factory pallet . Its important to have a car that you as an owner think "wow , that looks good" everytime you see it.
Cars being like lovers in that regard.