Posted by Luke Kowalski on August 19, 2002 at 11:11:46:
In Reply to: Re: 1963 Ferrari 250 GTE SN #4305 posted by Allan A on :
Not really high. I looked for 2 years for mine and drivers were always in the high 30s- low 40s, while restored cars were 50s and even 60s, particularly in Europe. There are a bunch advertised for $75K (Seattle car, Baber car), but they have not sold yet.
If you see the last 2 restored cars that sold at auction in Europe (look them up in Keith Martin's database), they went for more than 50K.
Even total resto candidates will sell for 20s (Freshman car) and low 30s (E-Bay). A high of $45K for that car is grossly inaccurate and unrealistic. Most of them go fast. The collector car market did not slump with the economy. Perhaps because V12 Ferraris look like a pretty good investment compared to the stock market right now...
thx
luke
63 250 GTE
http://www.guigui.com/250gte.htm