Here is a Chairs and Flares GTS for $150k from a high end dealer. I thought these cars were commanding prices pushing $200k: http://cgi.ebay.com/ebaymotors/1972-Ferrari-Dino-246-GTS-with-Chairs-and-Campagnolos_W0QQitemZ160072655294QQihZ006QQcategoryZ6212QQrdZ1QQcmdZViewItem
Wow, this car looks like it was driven hard and put away wet. It's definitely for go, not for show. I still think a GTS in show condition will push the $200K mark you referred to.
it isn't a flares car and is probably best described as a survivor. the cars bringing the big dollars are in far better condition. i like the orange color of this car, but have to admit, i might be in the minority.
You're keen eye is correct that it is not a flares car, apologies on projecting that in there. Although the engine compartment is dirty, I don't see that it is "extremely tired". The Daytona seats do have the correct amount of "puffiness" between the inserts (repros are sometimes missing that), the dash mousehair is in fairly good condition, but I'd be curious to see more of the undercarriage and suspension. The clock has been changed out and is incorrect. Isn't that orange-red color called Rosso Dino?
That does look like Rosso Dino to me. The dash is pretty faded - to some that's patina, to others, it's Katrina. I've said it before and I'll say it again, if you are new to this forum and are considering a Dino, wait for the best money buy. If you buy this one for $150K, you'll spend much more than an extra $50K to end up with a beautifully restored car that can be purchased for around $200K. This has been a public service message from a member of the "underwater" Dino owners club.
Is it too orange? Here are a few others I've found in Rosso Dino: 360CS http://frank4cars.fotki.com/crystal_cove/crystal_cove_070806/img_8734.html 330GTC, scroll down to the 19th car http://heritageclassics.com/ferrari.html Boxer http://www.sportscarmarket.com/profiles/2005/May/Ferrari/index.html There seem to be some variations. I've seen Keith's car, he is humbly downplaying the intense quality of his award winning restoration.
Underwater. Funny...Blub..... blub.....blub... It's a decent driver. I don't think it's a $150K car, but what the hell do I know? Right now there seem to be plenty of panic buyers snapping up Dinos before they go higher. In which case, I guess $150K is about right. But if this is a $150K car, then a 98 point car is over $200K, which I don't think is the market, just yet, but cars like that trade mostly privately, so you don't see listings or results. Remember, pictures don't tell the whole story. I saw snaps of a car that I passed on because it was in ratty shape that made the car look damn nice. It sold and re-sold three times in three weeks with a jump each time, just because the photos and descriptions got better along the way. As far as I know, there were no actual improvements made to the car except a detailing of the paint and engine compartment. Car needed $50K to make it right, can't tell that from pictures. DM
I am going to be marketing a 246 GTS for around $155,000 with a fresh engine and dash upholstery plus detailing and sorting. Based on what these cars have been selling for, the condition of my car and the presentation of this orange car, I feel that your nice to average driver is in the $140-170 range while near perfection should be over $200,000. Some people freak out when they see prices like this but i think that they are still too cheap. There will never be another car penned by Pininfarina that looks as good as a 246!! My car is listed on the blog section of my website, www.rpmvt.com
I don't think Dino prices are dropping. The fact that this car is trying to get $150k in it's current condition is testament to just how strong the Dino market is.
Do I read the Dino register correctly http://www.dinoregister.com/search.php that when Symbollic purchased it from the previous owner, the asking price in September 2006 was $120k?
The dino on ebay is not a chair and flare car it is a very nice 72 gts for 150 i would say a 74 loaded is 30k more
Plenty of 'patina' on that car. Not sure where Dino prices will stabilize, but they seem overpriced to me (compared to some other Ferraris). Great looking cars, but I would not pay more than about $100k for a really great one. Obviously I am not the market buyer for these so I will probably never get to own one. I would guess that good (and not great) examples will be around $250k in ten years (or less). BT
Steve's the son, Peter's the Father. When I lived in S. Burlington and worked in Vergennes we would go over to the Vergennes Market for lunch near Monkton/Main. On occasion, we would hear the most beautiful engine roarings.
I agree, prices are not dropping. If they come out with the new Dino, I wonder what will happen to the old Dino's?
I can't imagine it would have any effect at all. And that is especially true if the new car is as dissimilar to the old as has been speculated (front engine, 8 cylinders, etc.) But even if it is somewhat closer, I don't believe it would have an impact. Ferrari has come out with several cars over the years with names that evoke their classic models (GTO, Superamerica, Testarossa to name 3), but that hasn't had any effect on the prices of the originals.
with all due respect, i don't think those cars (gto, testarossa, etc....) are any comparison to a dino. as much as i love dino's, they aren't cars that have the race history or automotive significance as those mentioned. that being said, i think the dino is a beautiful design. my greatest fear is that while resurrecting the name, they diminish the beauty of what was so many years ago.
I really wasn't comparing those CARS to a Dino. Rather, I was trying to express my opinion that the re-use of a NAME by Ferrari does not have an effect on the value of the older cars with the original name. Those names were simply examples which came to mind.
in that case, i agree. about the only impact this wil have, is in causing a new generation to see "why" the new ferrari is named what it is. not that i am the best example, but i had no idea about the original ferrari testarossa, until the late came out. same for the gto. granted, i like most teenage boys had posters of cars on my wall. the history part to me was fascinating. yet outside of those cars, i never looked much further (there wasn't an internet back in the mid to late 80's). when i saw a dino for the first time, it wa sTHE car i had to have. in fact, at first, i had no idea it was made by ferrari. none-the-less, the beauty intoxicated me. i knew one day, i would have to have one. if a new generations happens to do the same for the original dino, i think it would be interesting. i don't think it will impact prices, as prices are already out of reach for the coming generation. i just regret being "practical" back in early 1998 and walking away from a solid daily driver 72 dino gts, the asking was $45k, the real price was $35k - and yes, this was my first experience examing tools and books and a riduculous amount of history (bills/receipts/etc...)
I have almost the exact same story, I walked on a Dino 12 years ago. I can get pretty close to my exact words, "Nobody will ever pay $45 grand for that car." <I'm whacking myself in the head as we speak for being such an ass> So here I sit with an original series 1 Dino 308GT4 in fantastic shape and wonder if I have an asset that will double in value.
Who here hasn't walked on a car for the wrong reasons. I passed on two GTSs in the last 24 months, both, in retrospect, were bargains at around $80K, but didn't look that way at the time. All I can say now is, Ahhh....NUTS. DM
I share Dave's angst, but it may not be totally our fault! When I was seriously hot for a 246 gts...I thought I would for once not buy on emotion like all my other purchases but consult the experts.. they told me ...it is a very high volume production car, not a ferrari, it is a fiat and very poorly built it is not a v12 or a v8 and no one will ever take them seriously...it is the 914 of Ferraris at best.....so I passed and bought a XKE roadster... HOWEVER, a few years back there was a very nice driver gt for $64K, a little below market even at that time, I jumped it and asked for a PPI and within the hour or two that I was arranging the PPI it got sold outright - cash. so it goes, the little sino is now at a level that I think will forever be out of reach and just plain doesn't make any sense to me when 355's and 360's even are in that price range. such is life of the shallow pocket collector.
