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Discussion in 'Vintage Ferrari Market' started by PFSEX, Jan 18, 2013.
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^^^ 275 GTB 6/C 08921 is said to have sold for a record on line price of $3.08 million. See here.
The on line record didn't last long. Now beaten by the 550 Maranello GT1 Prodrive which was sold by RM Sotheby's for $4,290,000. See here.
So, that's a no?
Great result for what looks to be a great car.
Yeah, I watched the auction. Chairs and Flares baby.
Daytona price. Or 2 512 bbi. Nuts!
Yeah, I said on the site, GTB4 money. But hey, it's not MY money. That is a pretty rare machine in perfect order tho'.
Dinos are way over valued. I'd much rather have this.
Massive, but great looking car. I guess $19,000 was not too much that we paid for one in 1974. I mean our house was $19,000.... glad it took some massive $$$$
What a ****ing joke! LOL. I did know a guy who had a blue one of those back in the day and it was pretty cool.
Newman on this site had one for a bit..he sold it..800 bucks a month in fuel was no joke...lol. it was a very cool truck tho..
Love those things..such beauty cars.. but 540k plus fees? No way. That's just silly money for what you get in return.
That truck/ V-10, stick shift, Giallo Fly and empty weight of 5900 pounds. Yeah, sure. I'll put my Dino in the bed. ha-ha-ha
If the truck burns $800 a month in fuel, you could get over 50 years of free fuel by buying the Dino!
That Dino price makes no sense to me. A chandelier bid for a future sale?
If this is a real "flares and chairs" car (which folks claim it was), then it is sort of like the "Spyder" of Dinos (they really made pretty few of those f&c cars), so a tangible premium is reasonable. Perhaps worth noting that the ratio between GTS/4 and GTB/4 prices is a lot more that what we see with the f&c and non-f&c Dinos.
As I recall, an f&c car topped half a mega-buck at Scottsdale a year-or-two ago, so the really remarkable thing is that the Dino market seems to be suffering less in the recent sale-price pullback...
While they made a fair number of Dinos, rarity is obviously not everything. One only has to look at 330GTC prices vs Daytonas to see that...
So while I would rather have a Daytona to drive, I would not bet against f&c Dinos ultimately eclipsing GTB/4s in average value.
The 246 dino to me, and most people who see one, is truly one of the most beautiful production cars ever made. The sales I've seen for Gt's average between $250-300. I'm not sure anything is worth the crazy prices being realized. Is a 275 GTB worth 3 million? Is a porsche 356 coupe with 75 hp worth $75,000? If you're buying rolling art, it's hard to think of a road car prettier than the dino. The heritage of that 4 cam engine born from formula 1 and 2 success, the styling lifted from the 330 P2 and 206 SP, and mid engine handling all makes me think it's worth the prices asked.
This caught my eye .. http://www.justinbanks.com/1973-ferrari-365-gtb4-daytona/ previous owner has taken a big loss on it. Looks like reasonable value but where will the value be in a few years. I know nothing on values but one of my bucket list cars
that is the question! as the title of this thread suggests Prices have been dropping for a number of years. The direction of the market is dictated by outside forces, primarily it will be decided by what happens in November. If the current policies continue one would assume the softening of the collector car market will continue as capital finds stronger returns. However if policies return to the early 2010s direction the collector market could see a resurgence.
Looks like you can get a good higher mileage one in the low 20s. Not a bad value for what it is. I'm not an Suv or pickup guy but if I were I would be all over one of those.
Is this thread still going and are we ever going to get a definitive answer ?
The market for old cars will go up and down, and not necessarily in that order.
Yes and no!