Anyone notice this article: http://biz.yahoo.com/weekend/richfun_1.html They discuss the Lusso going from $300k value 10 years ago to $3 million today. I'm no expert but I'm pretty sure they're wrong on both ends-- I think 10 years ago, Lussos were going for around $150k (tops) and now I think they're going for $300-350k tops. Maybe they were thinking of another car? If so, any guesses on which one? Here are some quotes from the article, in case the link doesn't work: CLASSIC CARS - Ferrari 250 GT Lusso What was it worth 10 years ago? About £300,000 (US $520,626). What's it worth now? Between £700,000 (US $1,214,848) and £2m (US $3,431, 319). Christie's sold one in 2000 for £950,000 (US $1,638,755). Where's the market heading? Like the cars themselves, it's looking good. Stick with sports racing cars - Ferraris, Jaguars and Maseratis - because race eligibility and rarity push up the price. Whereas a 1964 Ferrari 250 GT Lusso can reach £2m (US $3,431, 319), a Ferrari 250 GTO of the same age is right at the top end, with prices reaching £10m (US $17,355,319) and above.
They're talking about the 250SWB Lusso rather than the 250GT Berlinetta Lusso I think. Lusso was the designation for the road (steel?) version of the 250SWB rather than the Competizione version (alloy?). Just read the article, basically they're seem more interested in big $$ numbers to wow the reader, so aren't worried about little things like accuracy getting in the way. The picture in the article shows a Berlinetta Lusso.
Yep . They are talking about the SWB , although i dont think SWB were only worth 300k$ 10 years ago..And only Comp SWB are worth 3 Millions. The Lussos SWB are below the 2m$ ?
I love "get rich quick" instructions. There's a great article in a recent issue SCM about 904 Porsches explaining reality. Art S.
