Lusso

Any idea how many on the market now and price ranges

 

A great one just brought over $2 million in Scottsdale.

Seems there is no stopping prices. When I first began looking at cars back in 2009, a fully restored one at RM in Maranello sold at around $600,000., and I saw a very nice one with my mechanic that sold in the $800,000. range several months later.

Good luck.

Ken Goldman

 

Thanks ken.

 

Anywhere from $1.7M to $2.4m apparently. I know of a dark grey/red that is finishing restoration that is available. As well as yellow one that will be coming soon on the market.

There is a silver over tan in France also.

 

Did Ferrari ever produce a yellow Lusso? Ugh!

 

Prototype Lusso 4053GT may have been yellow.

5847GT pictured below is yellow but was originally silver.
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Is the Lusso worth more than 275 GTBs?

 

What's with the nose of 5847 GT?

 

It might actually be more beautiful, if that's possible. Different cars, but both gorgeous!

 

Missing bumper???

 

No.
ciao
Oscar

 

Oscar- I am not sure that answer is so straightforward anymore. A nice Lusso today is worth
$2.5m and a not so perfect normal 2 cam is worth perhaps less than that. But as a general
rule, comparing apples to apples, the 275 GTBs are worth more than Lussos.

 

I personably believe the 2.4m achieved at the recent RM auction was just 2 over enthusiastic buyers not a reflection of the new market price for Lusso's but only time will tell...

 

Some people don't want to deal with a restoration and want a finished car right away and are willing to pay for it. In the US, people wait 2 to 3 years to get a car finished at a respected shop. This might be after waiting a year just to get in. When I say restored, this means nut and bolt, inside and out, not a quick strip and respray done in a few months.

That Lusso that sold looks very nice but I cannot find any details about who worked on it. I hope the buyer did his homework.

 

I agree. When it comes to production cars there are plenty of "restored" cars out there, but how many are properly done (and) per American standard?

john

 

Well, not sure what you mean but "The American Standard" isn't necessarily a pro.....

Ciao
Oscar

 

"American standard" means Paul Russell, as an example and actually any no-name shop or even individual restorer who follows that standard.
john

 

Yes, sadly I know what you mean Oscar. A lot of good restorers in the US but also a lot of fly by nighters. Travelling through Europe if a car is said to been restored in the US it is not a plus. However John, I certainly agree that Paul Russell would be one of the excellent restoration companies, world wide.

 

I strongly disagree, Paul Russell is by no means the keeper of the flame. Wayne Obry, Butch Dennison and David Carte do excellent work by any standard.

 

Why do you think that Paul Russell's work is not on par with Obry, Dennison and Carte? Please feel to pm me if you prefer.

 

All of the above are reputable restoration experts.

 

It's not that I don't think that the quality of Russell's work is sub-par-it is excellent-but declaring that their work is The Standard is pointless. IMO they have restored cars that didn't need to be restored, and in many cases(Ralph Lauren collection) they have restored cars to a standard far beyond that which ever existed. The RL cars are more pieces of sculpture than automobiles, though I am certain that they function flawlessly.
Restoration should be a last resort. When it is inevitable it should be done to a level either as the car left the factory or to(its configuration/condition) the most significant point in its history. I think that restorations(especially of competition cars) by both Wayne and Butch exhibit a sensitivity that is difficult to attain.
Having said that, when you are running a major restoration facility it is difficult to pay the bills and make a living by promoting preservation.

 

@Marcel Massini would love to know your thoughts on the Lusso that will be for sale at RM sothebys Paris next week: https://rmsothebys.com/en/auctions/pa22/paris/lots/r0030-1964-ferrari-250-gtl-berlinetta-lusso-by-scaglietti/1199711