FERRARI 288 GTO

#57693 out in the rain here at Cavallino. Other one was covered by the time I made it there

Image Unavailable, Please Login Image Unavailable, Please Login

 

Looks like they chose to “scatter” cars throughout the show field rather than group them together with their classes.

 

OMG, poor judges. Now they have to search endlessly to find all the cars they are supposed to judge in their class.
Italian organisation?...........Judging doesn't seem to be important anymore.

Marcel Massini

 

Another view of 57693 yesterday at Palm Beach.

Marcel Massini

Image Unavailable, Please Login

 

superb

 

The best view of a GTO.

 

Image Unavailable, Please Login Image Unavailable, Please Login

 

My apologies if I have missed any reference to it - I am interested in understanding the full context of the current listing of a 288 GTO, three owner car, 9,500km and a NO RESERVE an upcoming auction - their estimated sale is €2.4-2.6M? That seems like something is negatively influencing its potential - or perhaps I do not understand this market at this time?

 

IF you're referring to the car at the RM Paris auction, that car was discussed in this thread previously. It appears as though the condition of the car is such that it would not achieve a strong result comparable to other cars in the market.

To put it more bluntly - it's not in great condition and the estimate reflects that.

 

thank you. Much appreciated

 

It's been sitting for a long time and did just 2'573 kms in 24 years.

Marcel Massini

 

Thank you Marcel. Much appreciated. That makes sense in terms of outstanding work to be done on the car. Thank you again.

 

A friend owns a P51. We were driving through the back side of the airport at Reno Air Races and I saw an all white P51. I commented it was a good looking airplane. He slammed on the brakes and stopped. He looked at me and said "Have you ever seen an ugly P51?" I responded "Ugh no".

So Joe, is there a bad side?

 

I don't think it can do any more kms without attention.

Only good sides!

 

https://rmsothebys.com/en/auctions/pa22/paris/lots/r0051-1985-ferrari-288-gto/1199757

All in including buyers premium Euro 3,690,000.00 approx 4.2 million USD

 

Amazing for a car that has been sitting for decades and comes without proper books (warranty book).

Marcel Massini

 

That's an ASTONISHING price for a car that has major "needs"....WOW....

 

There have been GTO's that have sold for more and one that sold for a few million more, a little while ago.

 

Offering all cars at "no reserve" automatically attracts much more people than normal and everybody thinks they can get a bargain or actually "steal" a car. And then, when you have two big egos in the room or on the phone, things like that do happen easily.

Marcel Massini

 

"A few", as-in 3-4 "million more" than $3.9US?

 

How much?

 

Yes as in 3-4 million more

 

I’ve said a few times on here , the smoke and mirrors with regard to cars sold and pricing is so distorted , unless you are party to the trade and involved then you never know or know the details..

 

Super low mileage?

 

The GTO had sub 1000 Klm, unquestionably provenance, it ticked all the boxes..