Dino GT 03540 for sale - 5/3/12

This Dino is very nice, and if the price is reasonable, it will sell.
I really like the documentation offered, there must be a slew of other photos of the bodywork, mechanically sound, so should not be a surprises car.
Tools, jack, and two books!

Regards, Alberto

 

Very, very nice car. Someone is going to be very happy.

 

What do you guys think would be a reasonable price to pay for this one? Also, any fears of a price bubble for these?

Thanks,

Skipp

 

Skipp, that's a really tough question. I would start asking the owner, then next step.
The market adjusts to sellers and buyers according to how much both parties are willing to.

The owner could desire $225k for it, or whatever, but is it really worth that? Have you considered a PPI?
An appraiser? Due diligence, is a huge factor in any business deal of a certain magnitude, and when buying a car of this value, a fair deal where both parties walk (drive) out of it happy is where it is at. No more, no less.
Expectations are one thing, reality is another, as we all want to buy cheap and sell high.

The rest is very hypothetical, as it's anybody's guess what makes people rock in these instances. The e bay auction is one reality, just a feeler gauge, but not necessarily the end all, as while you are intently watching the auction, the owner can arrive at a private arrangement, and..........
bye bye Dino.

So how long to find another, and where will prices be tomorrow, and what if tomorrow is 'Black Monday' because Sarkozy lost the election?

Regards, Alberto

 

well, not really in my opinion. Yes the Dino is hot at the moment but $165k is a fair price for that car, fresh respray or not.

I have been shopping for one for awhile and they can be found in similar condition for that price. At $225k it would have to be concours perfect and that car while very nice would be an excellent driver.

Just my opinion

 

Fair enough and I understand that you didn't toss out the $225 number.

I had the opportunity to exchange emails with the owner of this car while the auction was underway as he had said that the car was also for sale locally. As I truly was interested in the car I asked him what was he asking locally figuring that I might be able to make a deal with him. He declined to tell me what he was asking and suggested that I bid on the car which I did.

I have never bought a vehicle like this sight unseen and would have hopped on a plane to go see it if I had an idea of what the bottom dollar was. Is it worth another $20k? Possibly. My comments were based on the pictures presented including one of the car during the restoration that included primer overspray on the undercarriage. Maybe that was cleaned up I don't know, we can only judge from the information provided.
We just finished a complete restoration on 03666 so I am nitpicky. I don't mind spending when the vehicle justifies the price but when you don't know what the price is, then I guess I have to pass.

 

Are those after market speaker covers? I thought the leather was always perforated with holes for the speaker rather than having a plastic cover.

 

It appears superior to this one that just sold for $227k:

http://ferrarichat.com/forum/showthread.php?t=368076

 

Indeed it does, however Ferrari prices in general are higher in Europe

 

We also get stuck with the same thing here in Ontario as well. It is the HST and equates to 13%. Do you U.S. guys get hit with these kind of taxes? I assume that it changes state to state?

 

Don't you have to include mandatory local sales tax too?

BTW, San Francisco combined sales tax...9.5%

 

Lucky Texas...I paid 9.25% in sales tax when I bought my Dino in Aug 2010. In Calif, sales tax rate you pay for a vehicle is based on the county in which you live, and unfortunately for me the sales tax where I live is higher than where I acquired the car in southern Calif.

 

From last week sales in Monaco:


1972 Ferrari Dino 246GTS €178,250 ($ 230.798)

 

Where I live cars are taxed at 3% when bought but capped at $300 no matter the purchase price.

Then, they are taxed every year (along with real estate) as property tax.

Say, for a $60,000 car, its about $1200/year.

Fortunately, if the car (like my Dino) is declared an antique with antique plates there is zero property tax. There must have been a car guy in the state legislature.

 

GT, not GTS.

 

It is a GT, trusted the source without checking which is exactly what I teach my kids to never do!
Image Unavailable, Please Login