Ferraris @ Mecum Auctions - June 12-13, 2014

Several Ferrari will be auctioned off in less than two weeks in Mecum's first Seattle auction (see Seattle 2014 - Seattle, WA - June 13- 14, 2014 | Mecum Auctions)

FRIDAY

Lot F90: 1988 Ferrari Testarossa (Red)
1988 Ferrari Testarossa for sale by Mecum Auction

Lot F123: 1985 Ferrari Testarossa (White)
1985 Ferrari Testarossa 4.9L, 5-Speed for sale by Mecum Auction

Lot F170: 1989 Ferrari Testarossa (Red)
1990 Ferrari Testarossa 4.9L, 5-Speed for sale by Mecum Auction

SATURDAY

Lot S54.1: 1995 Ferrari 355 Spider (Yellow)
1995 Ferrari F355 Spider for sale by Mecum Auction

Lot S110: 1971 Ferrari Dino 246 GT (Black)
1971 Ferrari Dino 246 GT Less Than 21,000 Miles for sale by Mecum Auction

Lot S165.1: 2002 Ferrari 360 Modena (Yellow)
2002 Ferrari 360 Modena F1 for sale by Mecum Auction

Plus I believe they are still accepting cars so there may be one or two more in the auction.

 

Two high mirrors on the white TR kills it, plus the white wheels.
Odd tan colored stain on the engine block RH side, forward of the clutch housing.

Lot F123: 1985 Ferrari Testarossa (White)
1985 Ferrari Testarossa 4.9L, 5-Speed for sale by Mecum Auction

 

It does look ridiculous with the mirror placement.

 

If it's this one,

Lot F90: 1988 Ferrari Testarossa (Red)
1988 Ferrari Testarossa for sale by Mecum Auction

The pictures appear to be taken in front of Cats Exotics in Lynwwood, Washington.
Cats Exotics | Exotic Car Dealership specializing in Ferrari, Lamborghini, Porsche, and Collector Cars

I don't know anything more than that.

 

It will be interesting to see how well the 246 GT Dino does.

 

There seems to be lots of interest in the Testarossas as well. It will be interesting to see how they do.

 

A Veyron as well.
Mecum

 

That white car has been offered for sale by Lamborghini Bellevue, I went and gave it a thorough once over a couple months back and I hate so say this but the car is pretty rough. Interior has a surprising amount of wear for the miles and the entire powertrain needs to be gone through, the exhaust is a rusty mess and there appears to be some rust in other areas of the engine bay that really surprised me. I'll be VERY interested to see what it goes for, I know what I'd pay for it and its not a lot...

 

88 TR just went for $45k
Reserve got pulled around $35k

 

Mileage on older Ferraris is always suspect without documentation. It is so easy to unplug the sender on the transaxle. Buyer beware.

 

Red TR (lot F90) hammered for $45,000 + 8% commission = $48,600
White TR (lot F123) hammered for $58,500 + 8% commission = $63,180

 

Surprising price on the white one.

 

Wow, I feel bad for whoever bought that white one, unless they went through that car in the last couple months they're in for a few fun surprises.

 

The 1980 308GTSi was passed in at $37.5k, The auctioneer said the seller needed $44k to sell it.

1980 Ferrari 308 GTSi | Mecum Auctions

 

If there were records of a comprehensive 30k service it may have offset the cosmetic issues.

 

Lots of nice cars there today. Quite a few sold. The Veyron originally stalled at $800k. The auctioneer said it would take over $1M to buy the car. There was a sold sticker on the car a couple of hours later.

The Dino looks pretty nice, and will be on the block tomorrow.

 

Too bad. While it had service records, and a tidy looking engine bay, the higher miles, non factory wheels, and being a fuel injected two valve car (only 205hp) that is probably a fair offer.

 

More than fair.

 

Not quite a sale at $350k
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Wish I could have been there, I think someone did very well on the red TR, at 45 that's very reasonable. Anybody know what the 348 made it up to? I see on their website they list it as 'the bid continues'.

 

Looks like only the first 2 Ferraris sold, none of the others met the reserves. That 308 owner should have taken the money and run... Seems like very strong $ for a 1981.

SOLD BID
F90 1988 Ferrari Testarossa Seattle, WA $45,000 June, 2014
F123 1985 Ferrari Testarossa Less Than 13,500 $57,500 June, 2014
F170 1990 Ferrari Testarossa 23,000 Miles $0 $75,000 June, 2014
S110 1971 Ferrari Dino 246 GT $0 $350,000 June, 2014
S189 2004 Ferrari 360 Modena Seattle, WA $0 $80,000 June, 2014
S54.1 1995 Ferrari F355 Spider 3.5L, 6-Speed $0 $60,000 June, 2014
S165.1 2002 Ferrari 360 Modena F1 $0 $80,000 June, 2014
F196.1 1980 Ferrari 308 GTSi Coupe $0 $37,500 June, 2014
S55 1991 Ferrari 348 TS Seattle, WA $0 $34,000 June, 2014