Why is 250 gto so expensive?
Hagerty considers that the Ferrari 250 GTO is at the pinnacle of collectable cars because it combines so many of the attributes that enthusiasts lust after: a dominant racing record in period; a beautiful and instantly recognisable body; a phenomenal engine; very limited production numbers; and that special prancing . Only 36 Ferrari 250 GTOs were ever made, making it one of the rarest and most valuable classic cars globally.Classic Bugatti models are likely to have fetched $30-40 million in private deals, but David MacNeil now holds the unofficial record for his $70 million Ferrari 250 GTO.Ferrari 250 GTO ($52 Million and $70 Million) Before being sold in 2013, it was owned by Paul Pappalardo, who reportedly restored it and raced it in a number of heritage race series. In 2018, another Ferrari 250 GTO in silver blue became the most expensive vehicle ever sold at $70.Ferrari 250 GTO ($52 Million and $70 Million) Before being sold in 2013, it was owned by Paul Pappalardo, who reportedly restored it and raced it in a number of heritage race series. In 2018, another Ferrari 250 GTO in silver blue became the most expensive vehicle ever sold at $70.
How much did a 1964 GTO cost new?
Most buyers (24,205) stepped up for the four-barrel package, but 8,245 bought the desirable Tri-Power carburetor option, good for 348 bhp at 4,900 rpm. The Coupe started at $2,491, the Hardtop at $2,556 and the Convertible at $2,796. Prices began at $2,461 for the Hardtop, $2,592 for the Fastback and $2,698 for the convertible. Engines mostly remained the same. The 120 bhp, 200 cid six, 200 and 225 bhp versions of the 289 cid V-8 and the high-performance “K Code” 271 bhp V-8.
How much is a 1962 Ferrari GTO worth?
The car’s #2 value is $60 million, and in #1 condition, our experts say it’s worth some $72 million. Three GTOs feature in the top 30 most expensive cars ever sold at auction, with the most recent example fetching almost $52 million in 2023. The value of a 1964 Ferrari 250 GTO SII can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $39,100,000 for a 1964 Ferrari 250 GTO SII in good condition with average spec.Typically, you can expect to pay around $2,550,000 for a 1985 Ferrari 288 GTO in good condition with average spec. What is the highest selling price of a 1985 Ferrari 288 GTO? The highest selling price of a 1985 Ferrari 288 GTO at auction over the last three years was $3,965,000.The current record for world’s most expensive ferrari was set in june 2018 when a 1963 250 gto (chassis 4153gt) was sold to david macneil in a private sale for $70 million.David MacNeil got more than a rare car last year when he spent a reported $70 million to purchase one of only about three-dozen 1963 Ferrari 250 GTOs. He also got a spot on the list of the world’s top 100 car collectors, a list annually compiled by The Collector Car Trust and published in its yearly magazine, The Key.