2003 575M F1 FHP 19" Modulars - 62,900 miles RHD - Sold GBP 70,940 including premium....
2003 575M F1 FHP 19" Modulars - 62,900 miles RHD - Sold GBP 70,940 including premium. http://www.bonhams.com/auctions/24876/lot/368/?category=list&length=100&page=3
I'm not sure the vendor would agree with this since I doubt he's going to see a positive return for the past nine months ! "It is surely......an excellent future investment."
1997 550M 46,500 miles RHD - Sold GBP93,340 incl premium. http://www.bonhams.com/auctions/24876/lot/385/?category=results&length=90&page=2
Thanks for these. I think these prices are quite strong, given recent market conditions and the cars' mileage. Maybe indicating a bottoming out. Or maybe it was the sunshine and too much fizz, too early to tell.
I thought the prices were strong also. These look like pretty close to retail price, so what would possess you to buy at an auction, pay retail with no come back if the car is a pup? The premiums are high IMO. The hammer price on the 575 was GBP 62,000 - Premium = GBP 10,940. Nice work if you can get it I guess.
Agree...….Unless very cheap indeed, why would you buy from an auction?...any auction ? The cars are there to be 'moved on' and usually with a good reason. Just because it is a Ferrari, doesn't necessarily mean it's a good one, and the pain involved in buying a pup doesn't bare thinking about...….or not to me at least.
That 575 looks a little rough/unloved to me. Good on ‘em for driving it, but I wouldn’t be so sure it has been properly looked after.
