Is it true that Ferrari Daytonas used to be worth a lot more then they are?

Nuf sed.

 

Stuffing the gas cans and tool boxes into the trunk of this one.
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This process has been streamlined somewhat. The shill bidding now appears to be done directly by B-J (which is allowed, you just have to watch out for it).

 

That's an interesting picture, even if it is a 275 GTB and not a Daytona! Was the car up on jack stands or is the guy standing in a hole?

 

My dad clipped this from the Sunday NYT classifieds years ago. He did not note the date, but it appears to be from '89. Yes, that asking price is $1,950,000! Does anybody know the whereabouts of S/N 17047 today?
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How about that $105K 308 GTS QV below the RR ads? Quick internet infalation calculator puts it at over $179K 2009 dollars.

Forza,
David

 

Here is 17047:

http://www.classicdriver.de/uk/find/4100_results.asp?bsubmit=true&lmodelflag=*&lmanufacturer=10042&lcurrency=2&lcurrency_currencychangeform=2&whatbutton.x=0&page=0&lprice=0&lvat=1&lcompetitionmanufacturer=10042&lresultsperpage=20&lauctionmanufacturer=10042&lseller=1&smilageoperator=less&ldrive=1&spriceoperator=less&sorderby=tblDealers.sDealerName&lmilagetype=1&lCarID=1786925

 

(FYI... I emailed Aston Martin of New England. Perhaps they can pass the info from the vintage ad to the current owner. Good history....)

 

I like the phrase "Investment potential unlimited". Of course, they don't specify whether it's positive or negative.

 

Good idea, thanks. It looks like a nice restoration. I wonder what it sold for...

 

One of the Financial Investment companies, I can't recall which one, had a triangle shaped graph (up straight to a peak, then down at the same incline) of the "values of a Ferrari", may well have been a Daytona, showing the period from build date thru, say...........the then current 1998.

As this included the 1988 death of Enzo Ferrari and the crazy run up at that time, until the later economic downturn, it compared the value of "sound investments" to that of the Ferrari.

It might have been true at the time of publication, but it certainly did NOT take a "long view" on ownership, as there were several more "ups and downs" since then.

It also did not monetize the enjoyment of the car... (the real value of owning one, IMO) nor have a graph of a new Ferrari value compared to the same time period, which of course would show a total monetary loss, from normal depreciation.

The point was, a Ferrari is NOT an investment.

It's a car.
HTH.

 

I saw a fibreglass 1976 308GTB offered at $115K, I still recall the car from it's odd color scheme, it was white with a blue leather interior....

Never have seen the car again.

 

If I recall correctly it was Bear Stearns and it was in the Pebble Beach book possibly the year Ferrari was the featured marque. Does 94 or 95 ring a bell? I'm pretty sure it was the Daytona Spyder in the graph. (I have it somewhere in a box in some storage place in some city.)

 

There ya go!!

Thanks, I couldn't place the exact publication........only the image, in my mind's eye........

 

I use the SAME storage system....LOL!

 

Tall guy on his knees. This was from Spa in May. The vintage LeMans thing ran along with the 1000KM race. You are correct, it's a 1966 275 GTB 4 cam. Long story, but they were packing the car to see how everything fit as Jon from Holland planned to drive this car to the next event at Silverstone. Drive it to the track and race it, like in the day.

 

Luigi Chinetti actually entered a stock Daytona coupe in the 1969 Le Mans race. It was s/n 12547 and it had an alloy body and an outside fuel filler. That was the extent of factory support for the effort. The merit by then of running a street car at Le Mans became quit obvious when it crashed in practice...
CH