Current market value of ''L'' GT | FerrariChat

Current market value of ''L'' GT

Discussion in '206/246' started by 2thmvr, Oct 23, 2011.

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  1. 2thmvr

    2thmvr Karting

    Feb 24, 2008
    61
    Huntington Beach
    Full Name:
    Sam
    What would the value of an "L" GT in concours condition be in this market?
    Also, how much more is an "L" worth compared to a "M" or "E".

    Thank you for any and all opinions.
     
  2. GermanDino

    GermanDino F1 Rookie

    Aug 14, 2007
    3,417
    Germany
    Full Name:
    Matthias
    I would say the premium of an L-Series is 10 to 20 % to comparable M- and E-Series.
     
  3. Pantdino

    Pantdino Formula 3

    Jan 13, 2004
    2,069
    Full Name:
    Jim
    I'm curious as to what people mean when they say "concourse" on this forum.
    By hardliner standards a "concourse" car would be a Condition 1 car, which, technically, is "one which is never driven" except from the transporter to the lawn for the show, at which point people spend an hour cleaning it from the dust and grass it has just been exposed to.

    Is that what you mean?
     
  4. UroTrash

    UroTrash Three Time F1 World Champ
    Consultant Owner

    Jan 20, 2004
    38,985
    Purgatory
    Full Name:
    Clifford Gunboat
    That's about the shape of it.

    Lets give it $180k plus maybe $15 for for "L". Add more if the buyer is desperate.

    I'm assuming you mean "Concours" as in car show, not "Concourse" as in airport area.
     
  5. Bullfighter

    Bullfighter Two Time F1 World Champ
    Lifetime Rossa Owner

    Jan 26, 2005
    22,373
    Indian Wells, California
    Full Name:
    Jon
    Was wondering... the cars I see roped off in airport concourses are usually brand new cars with raffle entry forms nearby. I would guess a concourse car would have lots of small sticky fingerprints on it.

    Whether that adds value is up to the experts to determine.
     
  6. tx246

    tx246 F1 Veteran
    Owner Rossa Subscribed

    Nov 4, 2003
    6,475
    Texas
    Full Name:
    Shawn
    I would like to see some real cars and real sales prices....

    These cars do not change hands often, but that is probabley mostly because their aren't many of them, especially in the USA

    Coupes always bring higher prices in Europe than the US, I suspect that the Europe value of a "L" series is and will always be higher than in the US

    That isn't driven by the fact that the "L" series is more desirable there than in the US, bu the US tends to place a higher value on the GTS than Europe does
     
  7. 2thmvr

    2thmvr Karting

    Feb 24, 2008
    61
    Huntington Beach
    Full Name:
    Sam
    I was told it was a past platinum award winner at a ferrari concours.
     
  8. UroTrash

    UroTrash Three Time F1 World Champ
    Consultant Owner

    Jan 20, 2004
    38,985
    Purgatory
    Full Name:
    Clifford Gunboat
    That would mean a 95 point car, in the past.

    Regional or national?
     
  9. Pantdino

    Pantdino Formula 3

    Jan 13, 2004
    2,069
    Full Name:
    Jim
    I think it's the same word, meaning "gathering" or "meeting".
     
  10. 4CamGT

    4CamGT F1 Rookie

    Jun 23, 2004
    2,654
    Southern California
    #10 4CamGT, Oct 25, 2011
    Last edited: Oct 25, 2011
    My advice is buy the best example that satisfies YOUR criteria at the price YOU can afford. Dino coupes are more rare in the U.S. than GTS's so there are fewer to choose from here. Most important is what are YOUR future expectations and are YOU willing to pay the price? The current coupe market shows the cheapest has been $135K for a recent Ebay Dino sale to I would guess $250K for the best Dino coupe in the world if it were for sale. Prices don't seem to be going down and the inventory of available examples are few and far between(here in the U.S.).

    Freeman
     
  11. 2GT

    2GT Formula 3

    Aug 25, 2008
    1,830
    Western NY
    Full Name:
    Fred
    I couldn't agree more. A good car is where you find it, be it L, M or E. Once you find the right car, the chronology of its production will pale in significance compared to the enjoyment its ownership will bring you. Fred
     
  12. shaughnessy

    shaughnessy Formula 3

    Apr 1, 2004
    1,847
    Wolfeboro NH
    Full Name:
    Thomas E Shaughnessy
    Jerry Murray's car?
     
  13. Scuderia Dino Torino

    Feb 1, 2011
    23
    Yes, buy the best that you can find or afford but, back to the original question, it is a matter of fact that L series have always been the most sought after Dinos also here in Italy ( we use to call them "gallettone" for knock-off). I agree with Matthias, probably 10 to 20 per cent premium over M or E series in same conditions. Best, Emanuele
     

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