Bargain 275GTS? post auction sale by Gooding

The non-matching engine was the killer. Besides the OA condition.

Marcel Massini

 

What would be a good guess as to how much this car would have gone for with the original block? Just curious.

 

Usually a non-original engine but of the correct type on a vintage Ferrari is a 25% discount

 

Good to know, thanks.

 

Quick story. I used to restore old Triumph motorcycles (I know, I know...). I had a guy sell me a set of punches. He said dealers used them to restamp blank engine cases when the original blew up.

I've always wondered if any car companies did the same.

 

I think paint/top/trim for $100k would be an incredible deal if it could be done (properly) for anywhere near that sum.

 

JAM1 is correct, you will have $25,000 in plating and polishing alone. Times have changed.

 

Johnny: Absolutely true and an important point. There was a time a few years ago, when the increased values of the GTE and 330 2+2 made restorations feasible. However, now with inflation rampant in the general economy, restoration costs have increased again to where these cars are not necessarily good restoration candidates.

 

Well it just goes back to a more normal situation where a quality restoration needs to be a labor of love.

 

Yet and as always, there are countless people who continue to spend same or proportionally similar kind of monies (or even more) building/restoring far less interesting, obscure or valuable, i.e. dime-a-dozen vintage cars, but again, they’re doing it for the love of those cars, not for speculative reasons.

Many/most even know there will never be a chance to recover most of the expenditure, let alone make a “profit”, but that’s how true enthusiasts approach their hobbies/leisures/pleasures and separates them from dreamers, speculators and wannabes.

 

Restored is not a permanent condition nor is it a term with a well defined meaning or consistent result.

 

Johnny: If you want a 1960s Ferrari, set your sights on a 330 GTC. They are superb automobiles, beautiful, very reliable (once set right) and today, undervalued. Less than 1/2 the cost of a 275 GTS.

 

I must be anomaly, since 45+ years into this hobby/passion of vintage cars (have no ownership interest in anything introduced within past +/-50 years), I've never had "hopes" my cars becoming popular or valuable.
Every car I own or just about every one of the, mostly vintage, cars I've owned over the 4+ decades, I bought for myself to enjoy, i.e. drive and tinker with, damn the consequences of costs/values/etc or what someone else thinks/thought about them, but some I had to sell merely because I didn't have sufficient means (i.e. money, space & time) to keep and properly maintain them all.
The ones I would still like to add to my stable are (and have always been) far, far beyond my means, so I don't waste much time dreaming about them.
And some of the cars I've bought (& still have), I paid far more than what "others" (interested in same/similar cars) thought they should be worth, but again, I just wanted and had enough $$s at the time to get them. One of them took almost all my cash savings at the time, but I owned and drove it for 20 years/70000+ miles and when I had to sell it, the first person who came to look at it promptly paid my asking price which was 4 x what I had originally paid for it.

 

I love GTCs. I had one. But I'd rather buy a Daytona.

 

I enjoy both for very different reasons but the Daytona would never get used as much as the GTC if both were in the garage.

It is my go to model when advising a client who is a first time vintage Ferrari shopper.

 

I'm a slut. When you romp on a Daytona's loud pedal, it gets fun. I think a Daytona is more fun to drive than a Maranello. A Shark is a great car, but it is a modern car. You don't get the small analog feel you do with a Daytona.

Ps This assumes you put steering assist in the Daytona.

 

From the perspective of many that is the one joy of driving one. Maranello is a well rounded car. Spent the day with one on Laguna Seca. Had a blast. 330 is a very well rounded car too. Had a client with a nice but small collection of Ferraris. One was an F50. He lived in Nevada when I was in SF Bay Area. He picked up a car and had been planning on driving F50. Showed up in Stradale. Said he went to garage and just could not do it. Soon after sold F50. Never got driven. I have other clients withe several including Daytonas. For some reason those stay in Garage.