If that is the case, BaT et al, will have to readjust expectations, and potentially go for more 'no reserve' auctions. It is not their idea / profit, when RNM... A 1971 Lamborghini Jarama, sold for $126,000 Regards, Alberto
Alberto, almost like you knew what was coming . . . https://bringatrailer.com/listing/1971-ferrari-dino-246-gt-5/ Image Unavailable, Please Login
Hopefully it will be taken back to its original Blu Dino, seldom seen these days. There are several issues with this car but it should serve as a benchmark for the entry level 246 market. These 12 day auctions don't seem to work out IMO, they grow stale and often close weakly.
I think the market for any luxury/high-end item has softened across the board. In Real Estate, interest rates have killed the market, even though rates aren't that bad historically. Vintage cars (of all kinds) are bound to feel the effects of that. The Dino market has held pretty good in comparison to other types of vintage cars. We have seen some soft results on BAT and the last rounds from the auctions houses, but what has really sold for cheap? Not much. But, there also hasn't been a lot of supply. No project cars around. Not much for full restored cars that bring high values. Most of what has been offered is Driver type stuff with expectations for values higher than what that supports. It seems now the best buy for a US based buyer is to buy something in Europe and bring it Stateside. Several of these are in the works. It seems lots of buyers are sitting back and waiting for the crash, but there haven't been many motivated sellers. So we wait. Dealers don't have much to pick through. Latest issue of FML only has one Dino listed. It is by F40. Several others dealers have one here or there, but not much to choose from at all. I haven't seen a single fire-sale price, but if you all know of one, it would be interesting to dissect it.
Dinos have done incredibly well in the last few years, especially in the context of other cars of the same era stagnating or worse. A pause or even a step back seems entirely natural. It’s how things go, nothing worrisome about it.
This Dino has issues, if I were the seller, but I am not, I might have spent a few $ fixing them, getting rid of the ugly applique side markers, being a EU model, etc. Would definitely (maybe ) bring a No Reserve value to a higher bracket, yet in this crazy BaT market, possibly no one cares. 12 days? A waste of time, yawn... just to read the Mr. Peanut gallery inane comments. Oh my, Dino, the prettiest 'Ferrari', and his poor son...blah blah Regards, Alberto
I think this will be valuable to watch. This seems like a good entry level “enthusiast” Dino if there is such a thing these days. I like that it’s a Euro model coupe. Maybe trade the current owner of the #’s matching motor with the one that’s in this one or keep as it is and keep upgrading it. Does anyone know where the original motor is? I’ll be interested to see where this one goes as it’ll establish the lower end of the market.
@4CamGT I read your comments on BaT and I agree. This will be an important benchmark, hopefully it will be a legitimate transaction.
Serious bidding always happens at the end in the last few minutes. I never look at the numbers until the time runs out.
Methinks, it is not going to be a significant change at the end of this auction. Potentially reached its peak, or close to. Best regards Rob! Alberto
Toolkit and bulb holder are 308; manual pouch is Ferrari, not Dino; Owners manual(the only manual present) is for the later E Series, not M Series. Several mechanical deviations from OEM, the reviewer from SCM is not a Dino guy I guess.
Steering wheel, a lovely "Clay Rega", still wrong. Mousehair is wrong (or appears too hairy) Battery terminals not correct Battery disconnect switch... Dynaliner under the engine lid Interior ceiling and sunshades, same material? MSD ignition... Metal strip missing in door side pocket(s) Cigarette lighter... Plug for antenna? Fuel cap / rubber? Mirror, different from usual. Spark plug wires, not red... Red calipers? Screws (silver?) on door cards without bevel washer, or too much padding.. Drilled vent windows ? Grilles on secondary nose vents, and black paint very thick As people have said, an entry level Dino. All above observations, nothing to die to make right, just a bit of TLC. And on...
https://www.ferrarichat.com/forum/threads/dino-pouch-types.76940/ Search: Dino toolkit Not from Compendium, too much work, fetch it, search it, photo it, send it... Buy a Compendium, I highly recommend it... Regards, Alberto
A lot of these items were bought in the late 90s and early 2000s. If you think back to that time, Dino’s were perceived very differently than they are today. There were very limited sources for components that would work, and most people were concerned about getting a car on the road and trying to find these bits and pieces was very difficult. The Internet has definitely changed that world as well as parts suppliers who now offer historically correct items. Most of these can be easily swapped out if someone wanted to do it, which I could definitely understand, But the perspective of time changes everything
they certainly didnt want the door cards to fall off did they!! Lots more to put right but then there arent many dino's 100% perfect.... Tools are from the 308 circa 76 -79/80
