Dino for $210K?

Plus commission

 

looks like both a needy car and a poorly run auction. they had a carb boxer the went well under what we have been led to believe the market is.

or...the love for the dino and boxer is fading.

 

$225-275 was the estimate.

Has lots of little things wrong with it, but it's an early 246 with the knock off hubs.

Also some not so little things. Wheels are WAAAY wrong, lots of horseys and Ferrari logos on it. Mirrors are awful.

Paint is older, interior looks pretty clean, it's an ok/nice driver.

I guess +-$200K is driver car pricing now. EDIT at what does look to be an auction that has some issues.

D

 

Al you need is the VIN after that it's just money to make it right

 

I would take 50K off for that stupid prancing horse on the back.

 

Possibly the worst advertising and venue for such a car......

 

c.240k with commission, plus to my eyes need at least $100k to make it a reasonable car, in todays dino restoration market ..... so will end up a $350-380k car for someone, which is about average market price for a US GT at the moment
BR,
Jez

 

smart purchase..... well done

 

S/N 00616.
No details on history or matching drivetrain.
Original color would be nice if restored, see in the 1/4 window I think.

 

looks like a very good deal…many of you guys (not all) are too cynical on this stuff imho

 

Agreed, it was very reasonably priced if the drivetrain checks out ok.

 

What did that rusted 3/4left dino sell for last year, the one missing its front end due to rust, and havign basicaly only a theoreticaly useable powertrain.

 

I was a bidder on that Dino.

I am surprised it went for that much.
The car was total basket case, bondo everywhere.

The front valance was smeared with bondo they needed complete rebuilt.
The driver side door had 1/4 inch gap near the air intake and all the chrome also did not align correctly.

The car for real cheap had potential. However it needed allot.

The engine deck lid release latch missing.
Original Wheels? Gone
Books Gone
Paper work Gone.
Overspray all over the place.
Tools Gone

To completely restore that car without one would have to plunk down 150K minimum.
A good two years to bring it back correctly.

To boot, the Dino market has reach full apex and there are so many for sale and fewer and fewer buyers willing to pay 350K for a Dino.

Now who in their right mind wants to start a project at 210K + 150K ?

I am not feeling it!

One day I will get one but not I this condition for that price.

 

Did you happen to look at the boxer that was for sale ther too?

 

No I did not.

 

Thanks for the details.
As usual, some nice photographs don't substitute seeing the car in person.
I think this would make a good restoration candidate if numbers matching, do you happen to know the engine/gearbox numbers?
The original color would look lovely.

 

Thanks for you input. Very informative and helpful!

 

with the exception of the rims the car looks very original and complete...
if engine and gearbox are matching it`s the perfect restoration car...
rare center lock Dinos (L-series) trade at a 20% premium to normal 246 GT`s
so if it is matching number and somebody looking for an L-series, this car was good buy in the current market....
I hope for you prices will come down again and you will find the right car yourself
I agree, current levels aren`t a bargain historically......

 

1) not everyone who loves Dinos has $350K lying around.
2) not everyone wants a "just restored" car you are afraid to drive
3) life is short and driving a Dino is very enjoyable. Someone thought they could enjoy the car as it is and not worry about how others would judge it. Good for them.

 

Here is are some pictures of the Dino that was offered.
Cosmetic?
It's more like complete plastic surgery needed, down to the bare skin and don correctly.



The cayman museum was a dump of museum for tax heaven. Not for preservation, I have seen this museum and none of the cars have run. I would of love to do the restoration on this one. I am currently doing a full rotisserie on my Fiat 2.4 Dino Spider.
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Very helpful. Thanks for all of the intel.

 

I am confused.

Which "that Dino" are you referring to?

The one that Auctions America had up for sale on March 28, 2015 - the subject of the current thread - 1970 Ferrari Dino 246 GT - Fort Lauderdale - or the "rusted 3/4left dino . . . last year, the one missing its front end due to rust, and havign basicaly only a theoreticaly useable powertrainbasket case that was sold a while ago?"

 

Gents, bear in mind that the overall condition of these old cars doesn't make a big difference in renovation cost as long as they are as complete as this example. I believe that nearly regardless of pre-condition these old cars needs a complete tear down and re-build including extensive chassis work, so changing minor cosmetic issues etc does not add much to the total cost.....ask me how I know.....-. I think this buy was a good buy seen in the current market.

Best regards

Peter