RM Sothebys auction

https://rmsothebys.com/en/auctions/lf23/london/lots/r0012-1994-ferrari-348-gtb/1389971

Not model specific but anyone saw this auction and the 'factory fresh collection"

I find it hard to comprehend a no mileage 348gtb goes for 48k quid only? Or am missing something here... Many other no mileage cars also.

 

I guess the 348 is unloved. Hey, look on the bright side, at least there are still good buys to be found in the Ferrari world.

 

There was a lot going on with the low miles cars at this sale. Bonded papers, VAT due if they stayed in the UK, unknown/due service, and most of them RHD which restricts buyers in the global market from participating.

 

Why would one take a risk with bonded titles on an auction?

It is imperative that you be 100% sure you’re the legal owner of the vehicle. If someone files a successful claim against your bonded title, you will owe the surety lender the complete insured amount – which could easily be thousands of pounds. Usually it's 1.5 the value of the car also..

 

I may have misread the auction description, but I believe the cars were on a temporary import bond; which is not the same as a bonded title and not uncommon when cars are brought from around the world to an auction location.

Also not uncommon for delivery - or very low - mileage cars to not be registered and be sold on a bill of sale.

 

Probably one of the worst cars Ferrari has made - not bad looking though!

 

Which do you consider the best, modem or older, in terms of engine and driving? 355, 308, 328, 512, other? Your top 5?

 

brexit has made things **** here in general

 

The bond they were on was a simple exercise in bringing them into the UK without paying import tax, in case they would subsequently be exported elsewhere

 

Probably my favourite is 458SA. I have two 812s at the moment and I prefer the GTS to the Superfast. In general moving away from Ferrari as I think the cars are getting too big and heavy. I quite like the size and package of the 296 but ambivalent on hybrids and EVs with the current battery technologies.