£1million Dino
Discussion
v12v8 said:
Seriously? Surely this is a typo.
Well, there's a grammatical error in the name of the company too, so who knows.Anyway, near perfect Dinos go for circa £400k on a good day. If they can sell that for £1m then I think I'll start buying cars from the classifieds on here and passing them on to them to sell for me. Should make a fortune.
v12v8 said:
Well, I doubt it's a typo. But that's certainly not the price. If you input a price in the back end of PH classifieds, but request it displays as 'POA', then the car still appears in the correct order (i.e. if it's sandwiched between a £300k car and a £325k car, you've got a pretty good idea, regardless of the POA status).Hence, some people choose to put a big price like this on to ensure the price cannot be guessed, or - as suggested - to display at top of a 'high-to-low' search.
As stated, a very tidy 246 GTS is currently around £400k - assuming it's a genuine matching-numbers car, sorted and sold by Ferrari specialists, etc.
I watch with amusement at the number of supercar traders trying to get into the classic Ferrari game, since some of the cars out there are utter dogs, and - frankly - they have absolutely no idea what they are doing with them.
When these cars were cheap, all manner of repairs, hacks and bodges covered up some truly horrendous problems, and many of these are now being offered with a fresh coat of paint and a mediocre retrim as lovely examples.
-Ed
torquespeak said:
Well, I doubt it's a typo. But that's certainly not the price. If you input a price in the back end of PH classifieds, but request it displays as 'POA', then the car still appears in the correct order (i.e. if it's sandwiched between a £300k car and a £325k car, you've got a pretty good idea, regardless of the POA status).
Hence, some people choose to put a big price like this on to ensure the price cannot be guessed, or - as suggested - to display at top of a 'high-to-low' search.
As stated, a very tidy 246 GTS is currently around £400k - assuming it's a genuine matching-numbers car, sorted and sold by Ferrari specialists, etc.
I watch with amusement at the number of supercar traders trying to get into the classic Ferrari game, since some of the cars out there are utter dogs, and - frankly - they have absolutely no idea what they are doing with them.
When these cars were cheap, all manner of repairs, hacks and bodges covered up some truly horrendous problems, and many of these are now being offered with a fresh coat of paint and a mediocre retrim as lovely examples.
-Ed
Even an Ian Barkaway car with Luppi interior isn't achieving £400k now, Ed. I don't know of a car that has achieved more than £320k in the last year, but maybe you do? At pretty much every classic car auction I've attended over the last year, there's been at least one Dino entered; the same Dino in several cases! All, as you say, with fresh paint, poor gaps and scruffy interiors.Hence, some people choose to put a big price like this on to ensure the price cannot be guessed, or - as suggested - to display at top of a 'high-to-low' search.
As stated, a very tidy 246 GTS is currently around £400k - assuming it's a genuine matching-numbers car, sorted and sold by Ferrari specialists, etc.
I watch with amusement at the number of supercar traders trying to get into the classic Ferrari game, since some of the cars out there are utter dogs, and - frankly - they have absolutely no idea what they are doing with them.
When these cars were cheap, all manner of repairs, hacks and bodges covered up some truly horrendous problems, and many of these are now being offered with a fresh coat of paint and a mediocre retrim as lovely examples.
-Ed
WCZ said:
remember the black enzo Amari had listed for £1,000,000 for the same reason? turns out they actually wanted to sell it at that price which after a couple of a years they finally did (iirc) - this was when Enzo's were like ~500k
Same happened with F40s. Well known in the trade that several trades colluded to buy up the supply and then double the prices. looks like Derek Hood tried to do this on his own with Daytonas 
rubystone said:
Even an Ian Barkaway car with Luppi interior isn't achieving £400k now, Ed. I don't know of a car that has achieved more than £320k in the last year, but maybe you do? At pretty much every classic car auction I've attended over the last year, there's been at least one Dino entered; the same Dino in several cases! All, as you say, with fresh paint, poor gaps and scruffy interiors.
You're right about a lot of auction cars. Haven't seen many middle-of-the-road cars at auction recently - they are either absolutely amazing and are in the auction to attract global interest and big money, or they are total sh*tters put there because the trader can't shift them.Re: prices, I've not seen many good Dinos for sale recently. So perhaps bad cars are bringing the average down. That said, I've also seen a shift in traders' gossip - back in 2014 people were telling me how great the market was and bigging up prices; more recently I'm hearing more people trying to lower expectations.
-Ed
The Dino 246GTB at the Classic & Sportscar Show auction went for £371,000, according to this article.
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