another dino in texas to be auctioned - not the ponder dino

Hard to tell from the photo but did I see scuderia shields on the side? Ouch.

-Alex

 

At a glance...

Wrong door pouches (should be black)
Wrong tires
Wrong valve stems
wrong floor mats (might be just mat savers)

I'm not trying to be mean but I'm just trying to justify the price range...

Pietro

 

Is it only me that sees this banner flashing in the back, saying ..."greed, in full force" ? Jimmy

 

Have you seen the last 3 Dinos that Sheehan has sold?
His prices usually seem high to me but the cars don't last long before they're sold so I'm not sure of what to make of it - perhaps it truly is the market pressure?

 

Yes, it is a free market, supply and demand, if someone wants to pay whatever the asking price is, ...that is understood. However, in my personal opinion and value, this particular example is nowhere near what I believe is reasonable. If this particular example has a meticulous restoration history and other facts to back the asking price, that is another story. As for the Sheehan's recent Dinos, he is more than well qualified to aphrase the quality and set asking prices. Well, when the whole market is becoming so "bubbly", it is hard to keep one's sensible perspective. Of course, it is none of my business if someone wants to pay whatever he wants to. But somehow, things seem a little distorted to me lately. That's all. Jimmy

 

It says it was a Platinum winner at the 2004 FCA National meet (although the ad is wrong in the "60 degree V" configuration, these are 65 degree V engines - Picky I know...)


http://www.wwgauctions.com/details.cfm?vehicleID=485&pic=00001




LOT NUMBER:
82

ESTIMATE:
$175,000 - $225,000

CHASSIS NO:
246 GTS 03920

2418 cc, DOHC 60 degree V-6 engine, 195 bhp @ 7600 rpm, five-speed synchronized (in unit with rear axle) gear box, three Weber 40 DCNF 13 two-barrel carburetors; wheelbase 92.1"




Platinum Award Winner - Concorso Italiano 2004

All Pininfarina Ferraris are beautiful. They are acknowledged to be beautiful by art critics, industrial designers, and car nuts alike. Some are heart-stopping-breathtakingly beautiful, and the 246 Dino certainly falls into this latter category. No Ferrari ever was more perfectly drawn by it's creator.

The first V-6 Ferrari's were built as a result of the interest of Enzo Ferrari's first son, Alfredino, in this engine configuration. Tragically, the first of these ran only a few months after his death in 1956. The engines were named "Dino" after the younger Ferrari's nickname. The engine was designed by Vittorio Jano, and in 2.4 liter form won the 1958 F1 world championship, driven by Mike Hawthorn. Phil Hill won the F1 championship in 1961 in a V-6 1.5 liter Dino, Ferrari?s first mid-engined car.

The 246 is descended from these first V-6 mid-engined racers and their sports car variants. Though a road car, 246's were raced successfully in their day and bring that race car feel and handling to the road. Another great benefit of the racing pedigree is, as with all vintage Ferraris, Dinos are very dependable mechanically and service is straightforward for the competent technician.

The 246 cornered like no other road-going Ferrari, and it's deft touch and instant response to the helm have never been duplicated. Slight rearward weight bias and lovely quick revving four cam engine plus beautifully synchronized five-speed gearbox, combine to make this one of the sweetest sports cars of all time to drive on a back road. If excellence was ever achieved in a mid-engined road car, this was surely it. Motor Magazine used such words as "perfection" and "superb" in describing the driving experience in a 1971 issue.

This 246 Dino was restored by Stuart Singer of Plano, Texas, in 2004. The car has traveled only 25,000 miles from new and Mr. Singer, owner of a top rated facility for the preservation and refinishing of these cars, was the third owner. He acquired the car in excellent original condition, but 32 years will take a toll on paint and rubber no matter how well the car is cared for. The excellence of Mr. Singer?s work requires no further accolade than those listed below. This car is ready for any task that it could have achieved when new. The fact that it has been judged to be the finest Dino at the Concorso Italiano reflects that it is acknowledged to be the finest 246 in the United States and probably on the planet, as U.S. judging standards are the most demanding on earth.

Platinum Award Winner Concorso Italiano Monterey California 2004
First Place Dallas-Fort Worth Ferrari Club 2006 Car Show
Awarded First Place Vintage Ferrari and Best Detailed Car

A mid-engined Dino is a must-have for a comprehensive Ferrari collection. If you only own one Ferrari, the 246 Dino is an excellent choice. This is your opportunity to own one of the best, if not the best, in the world.

 

Platinum winners like this car add a lot of confidence to pushing the price up.

 

If this car was a so called platinum etc., the asking prices may be realistic. My point of view was based on the fact that details were not correct. Jimmy

 

Right now a dealer in the UK is asking £110.000 for a 73 GTs Dino!!!
Nice car but doesnt say nut and bolt rebuild.
so prices are still going North.
G P

 

Thanks for that, Graham. Ours is going in for about $3000 worth of maintenance next week, and I feel a lot better about it now!

 

Indeed the estimated auction price is high, but then, it is supply and demand. If supply is small, demand high, then a 200K dino it might be. I personally don't think they are worth that much, as 195 hp at best is not earth shattering performance...and quite a few were built...but again, demand vs. supply...we'll see what it sells for, or if reserve is met.

 

See you in the tent...LOL!

Man, you have a lot of parking at your house.......

 

I agree there's some guys in the room with that kind of pocket change..they won't let it slip by......

I remember this yacht Captian getting a cool old Jag..........no one was watching.....no interest...it was fine!

 

www.carsinternational.com

 

I have just looked on the website and it may have been sold but to prove it was available try www.classicdriver.com and then go to classics for sale section and search 246 Dino.
And by the way, if you like this site you may subscribe (FOC) to it!
Regards GP

 

Having just paid through the nose for a completely original low-mileage 74 GTS, I can tell you what drives the prices up, because I am one of those fools who ignored the price to get the car I wanted.

By way of background, I looked at 5 relatively low-mileage cars (from 11,900 to 35,000 miles). Three were original chairs/flares, 1 had them added, and 1 was "regular". Four of the cars were listed from 180-200k, and the no-flares car was 160k (it had been poorly modified -- a mechanically sound but cosmetically undesirable car at a lower price).

I was prepared to buy either of two cars, both with about 35k miles, both at 190-ish, and both dealers turned down offers of about 175-180k, so they're obviously true believers. As we were dickering, I saw the listing for the lowest mileage car,and decided to pay the asking price for it. It seemed to me that a completely original car in good working order, with a provenance I thoroughly checked (spoke to both the doctors who had owned the car, and the dealer who had moved it to my seller) would probably be the best to own, even if I wind up investing in a valve job or such.

I paid what is probably about the highest price for a Dino in recent history because I could afford it, and just got a windfall from an investment I'd written off three years ago, and I really, really wanted a car for my 50th birthday. I looked at a couple of XKE's (drive like trucks) and considered a 360 Spider (only about 500 of them for sale) and then drove a Dino, and that was that. I tried to buy one a bit cheaper, but it seems the demand is there, or the two dealers were just bad poker players. We'll see how they feel six months from now!

The comment above that the Dino isn't worth the value because it isn't a super-performance car actually had a big influence on my decision. I wanted a car that does not need to go 130+ to be pushed or be fun to drive. I've driven plenty of 400-500hp cars, and, unless you're going to be on a track or really don't need your Driver's License, there's just no place to enjoy one around here without putting your life (and others' as well) in danger. The fact that a Dino could make me smile and feel great at 60 or 70 on a nice, twisty piece of road was plenty for me, and actually fits the vehicle very nicely to the high-end collector demographic -- old and painfully aware of one's mortality.

At the end of the day, paying 20% more for a completely right and original car appealed to me, even if I wind up needing to put a lot into it before too long. At least I know it's pretty much what came out of the factory, and the previous owners were both mild-mannered physicians who didn't abuse the car and maintained it (or at least they and their mechanics said they did -- one of them is 95 now).

If the entire car market stays strong along with art and collectibles, there's plenty of room for the value to keep going up. If everything else goes down, cars will too. I have no intention of ever selling the car, and hope my son or daughter drives it someday. (I'm just imagining how embarassed she'll be when I show up to visit her at college next fall in the Dino -- makes me smile!)It's kind of like your home -- you get to use it and enjoy it regardless of the value, and life is really short.

 

Mike O.
'glad you found The One; looking forward to pictures. Your description of "completely right and original" speaks volumes. Just a reminder: Buy the 'Stainless' insurance policy.
Cheers,
Coop

 

You're buying it for the right reasons!
Now, watch the smile grow as you start to drive it.

Forza