This is nothing new. I have been saying these trends are happening for the last year. Lots of private transactions have indicated this was coming. Basket Case Dino’s are almost impossible to find. The closest thing to that isn’t cheap anymore, if you can even find that. Gullwing sold a Dino that needs a tremendous amount of work. The photos do not tell the full story. S/N 04340 sold for $329k It is now back in Texas. It is going to completely redone as a RetroMod with a completely different set of mechanicals/power train. Welcome to the new Dino market. $329k is the starting point for a base project car. Numbers starting with 5 and 6’s are not new. Dealers have very thin inventory, if any at all. Very little is being offered “off market” on the project/lower price point side. Very nice cars never hit the market. They are gone before even needing to be marketed. This is were Dino’s are. Exceptional Dino’s are finding homes based on the built up demand. I know of one such Dino that can be had right now, but will be in the 7’s. I am not kidding. I doubt it will ever hit the market, I doubt anyone will know it transacted.
I know it's completely subjective but for me, the Dino has always been the most beautiful Ferrari ever built. Love the flowing lines of this Ferrari. Based upon the prices their selling for, I must not be the only person to think this. Wish I had one & wish I'd have bought it 10 years ago!
Maybe the wiper blades are in storage and they just forgot to install them. In 41 years of ownership I have only placed my blades on the car when entering a concours. Never had a drop of rain on the car in 41 years. Having said that, if I was going to sell, I would attach the blades for the pictures.
Check out the wipers on the restored GTS at the Ferrari Forever Exhibit! Image Unavailable, Please Login
There are two separate conversations going on here. First - questions about the market in general and values. Second - Dino s/n 03744 that is currently on BAT. There are several things about 03744 I do not understand. Before this even was active on bring a trailer, there were several f-chat comments about it coming soon. I have to believe those who commented know more about this Dino and/or are affiliated with the sale of it. I’m not sure which. It looks to me like this is a nice solid driver that was rushed to market, and the basic and typical prep I would think that would help bring a premium doesn’t seem like it was used here. Furthermore, the lack of their comments Is even more perplexing. If the answers are simple, why not answer them instead of letting people speculate all kinds of negative stuff that hurts the value? I personally don’t care for the red piping and thinks it looks weird, but that is easily fixed.
I don’t recall the FC comments about this car but if someone has something to share about this car, we are all ears
tx246 - yes, you've been preaching the gospel of rising prices for well over a year. Sometimes a bit cryptic - I think you were avoiding naming names. But your forecast of higher prices has arrived - in spades. Martyt - I recall someone saying that they would be bringing a car to BaT soon, but I don't believe they made reference to the car number or said much about its condition - just that it was coming. It will be interesting...
I agree bat doesn’t represent the market…but if I’m a seller … I’m putting it on there Sent from my iPhone using Tapatalk
True but pretty sure those buying didn’t benefit from those 5T, they were already rich. New money doesn’t go and buy a Dino Sent from my iPhone using Tapatalk
Ken, not that I want to say "I told you so", because it is easy to apply todays situation to an older one, but it is the same trend...... https://www.ferrarichat.com/forum/threads/dino-2021.636873/ This is exactly what I was referencing. Several of the specific transactions were by owners of multiple Ferrari's. They post on F-Chat all the time. I was told (by them, not second hand) they would chime in and post details on the Dino threads. None ever did, which is fine. I get it. They don't need the attention. I get it. HOWEVER, this market has been building for over a year. The GREAT Dino's never make it to market. ALSO BAT Dino's exceeded the Buyers Premiums of 5%, so they actually are capped at a $5k BUYERS PREMIUM, meaning the two Dino sales this week have to have $5k added to the price, plus whatever taxes, etc come along. I can say I know a good number of people asking what happened as they were waiting for a market collapse. That isn't happening anytime soon. BOTH because of inflation and demand. I will honestly say I had expected (and hoped) to see the Dino surpass the Daytona on the BAT end race. I didn't happen, but was damn close. The days of Daytona's pulling more than a Dino ( And Dale - I know of ZERO people looking for a GTC - I know they exist, but nothing like a Dino) are short lived. Wow, how times have changed..... Shawn
I also fully admit Houston is not a classic car city, more driven towards newer and more comfortable. Three months ago, the annual Ferrari Festival, held in a very amazing and exclusive shopping center (go figure), vehicles have to be accepted and then are assigned. Pretty interesting how it unfolded. Owners have ZERO input. Ferrari of Houston did. Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login
I imagine Ferrari of Houston doesn't sell vintage hardware. They highlight, and put chains by, new cars.
Ferrari of Houston was a part of the transaction of the silver Dino GT. THEIR CLIENTS have needs and wants, hence assisting in any type of transaction. I will not speak for them. Not to make that sound awkward, I just don't want to speak for them (I have no ill will or bad words to hold back on - no vested argument). I will say, that placement is NO accident. Unveiling vehicles for the first time on US soil took place feet away. They can do whatever they want. I am just saying it is not by accident. NO OTHER vintage cars around. I am not going to try and suggest anything, but I also can not ignore the reality. Current Clients have interests and that is what they are addressing as sponsors. They did an amazing job, as did MANY OTHERS, of putting together a great show. Corralling the client base in a small area is the SMARTEST thing to do, but also something that was not done by chance.
They sell more than you can imagine...... Just saying, years ago, I had a brief chance to glimpse (ONLY FOR A MOMENT), into a warehouse. There were 5 GTO's. LEGIT 250 GTO's, not replicas, not 288's not....... That was not a moment I have ever forgotten.
What is the allure of the Dino? She is the girl you met and can’t forget. Not to wax poetic but you can’t forget her— always there, even many years after you first saw her. I am not a Ferrari guy except for the 246–so alluring, so sexy; I love her. Art and style is subjective ( I get that) and someone could look at the Mona Lisa and say, hate it, not my artistic style. Anyone tells you the Dino is not a pretty, sexy car, is lying to you or can’t afford one. And I think that is what sets this car apart. Her looks,handmade—not running down some robotic assembly line with a style to satisfy the taste of the day ((which is rarely timeless). Ultimately, I think the value in the car is what it represents in terms of visceral, artistic beauty and I think the increasing value of this car reflects that. For what it’s worth the only Lamborghini I like is the Miura; not as much as the look of the Dino, but pretty close (and I don’t like Lamborghinis except for the troublesome Miura)
Also, don’t underestimate the extra value to someone living in California that wants a Euro Spec Dino. https://bringatrailer.com/listing/1972-ferrari-dino-19/
I don’t understand the concern about registering it. Mine was registered here when I bought it, but the previous owner didn’t seem to have any issues bringing it into the state. It’s pre 1975 so no smog issues.
That was the case back then. This Dino, according to the plate number was first registered in California in the 70’s so it’s also grandfathered in as long as it stays here. It wasn’t an issue in the past but from what I hear, in the past few years, it can be difficult unless it’s pre-‘68 (pre smog) for new registration.
I believe mine was brought into CA some time in the mid to late ‘90s. It was never federalized, no idea how that was managed.
People definitely pay up on BAT. If you're patient and look around Dinos can be had for much less. This past 12 months I've bought 5 Dinos all good cars. I've paid $270 for a GT that needed restored, 315 for a very decent GTS, 350 for a very nice euro GT, 440 for a very nice 206 and a little over 400 for an all original L. BAT would be the last place I would buy one.
