FS: rare sales!

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Series 1 GTS-R prototype, number #3 of 4.
 
Modern Ferarri's aren't my thing, but RM Sotherby's have some absolutely stunning classics in their LEGGENDA E PASSIONE auction in Marenello...

http://www.rmsothebys.com/ff17/ferrari--leggenda-e-passione/lots/?sort=lot

250 GT Lusso
250 GT LWB California Spyder
250 GT SWB Berlinetta Competizione
250 GT Cabriolet Series I by Pinin Farina
365 GTB/4 Daytona Berlinetta Alloy by Scaglietti (1 of 1!)
750 Monza (wow!!)
 
Today's Finds
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1. 2007 Ferrai 599 GTB Fiorano with a 6-speed manual up for sale in Canada; only 30 6-speed models were produced. Asking price: $660k.

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http://www.ebay.com/itm/253097326188?rmvSB=true

2. 1969 Ferrari 365 GTB/4 Daytona Berlinetta Alloy by Scaglietti, found in Japan, untouched for 40 years. Only 1 ever made. Starting bid 1.4M

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http://www.rmsothebys.com/ff17/ferr...aytona-berlinetta-alloy-by-scaglietti/1704895

3. 1993 Subaru Sambar Classic, price is $7,600 USD.

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http://jdm-expo.com/vehicle-inventory/452-subaru-samber-classic-sale.html


4. 1967 Porsche 911 R Prototype, one of four made. Asking price: $5,000,000 USD.

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http://canepa.com/photo-gallery/1967-porsche-9115594/

5. 1959 Ferrari 410 Superamerica Series III Coupe by Pininfarina, only 12 made. Price: $5,335,000 USD.

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http://www.rmsothebys.com/mo17/mont...rica-series-iii-coupe-by-pinin-farina/1704601
 
LMSCorvetteGT2
I want to know why the 288 GTO is so much...

Same with the 333 SP, it wasn't a great race car.
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The 288 was a group B homologation special, even if it was never used in competition, and was really the first hyper car. The 333sp was Ferraris return to sportscars racing. Both are rare and at the end of the day are Ferraris. Collectors have always gone ga ga over Ferraris.
 
TheCracker
The 288 was a group B homologation special, even if it was never used in competition, and was really the first hyper car. The 333sp was Ferraris return to sportscars racing. Both are rare and at the end of the day are Ferraris. Collectors have always gone ga ga over Ferraris.
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288 prices have yet to approach $4 million, though. I'm assuming having less than 500 miles is the reason they have such a high estimation. Otherwise, what could arguably be the most significant 288 GTO in the Prototype, is asking $4.5 million.

333SP, as you said, was the return and an important car for Ferrari. Price is probably right around where it should be; #041 sold for $2.4 million in 2014, & #020 sold for $1.9 million in 2015. This is car #006 & built by Dallara before Michelotto took over. Basically a brand new race car as it sits.
 
TheCracker
The 288 was a group B homologation special, even if it was never used in competition, and was really the first hyper car. The 333sp was Ferraris return to sportscars racing. Both are rare and at the end of the day are Ferraris. Collectors have always gone ga ga over Ferraris.
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288 makes better sense but I've never seen them hit that price, 333sp never will, it's not worth that money to me, but I'm sure because of the brand it will fetch that much which is wrong. There are plenty of cars from that era that are worth that money not named Ferrari.
 
The parcel shelf looks like it's made from milk bottle plastic, hideous and cheap interior. You would have thought they could have made a bit of effort with this particular model.
 
Stotty
That exterior :drool:
That interior :yuck:
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Robin
The parcel shelf looks like it's made from milk bottle plastic, hideous and cheap interior. You would have thought they could have made a bit of effort with this particular model.
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$69,000 car with a £335 car interior. Cheapness of a typical budget Renault interior aside, that's the trouble with non-black interiors. The colours fade or discolour at differing rates depending on the material. There's a 964 down the road from me with a pale grey interior that's totally ruined due to the shade and tone variations that the interior now has.
 
Not something I'd go for if I had the money (it looks hideous) but this M4 is for sale at nearest BMW dealer to me.

BMW M4 DTM Champion Edition 2dr DCT
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Seems like a car that raided the GTS bin and BMW decided to add DTM to it to get the price bump over a regular M4.

Quick look at what's for sale in the UK, and there's around 6 of them which isn't very enlightening considering 1 dealer claims the UK only got 23 of the 200 cars made. They retail for around 135,000GBP, so it looks like it's got just enough value in it where anyone who bought one new can still flip it to get 90% of their money back as all 6 are priced around 135,000GBP with delivery mileage except for one with 2,000.
 
http://torque-gt.co.uk/spotted-r32-gtr-4800kms/

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Remarkably cheap. Considering the sky rocketing R32 prices in Japan at the moment, similar condition Japanese cars with less cult status going for more, I'm really quite surprised at the $90k USD figure. I don't think it'll be long until rougher ones start approaching $35k in the States (high quality specialists dealership examples seem to be sitting there already), so this would be an easy investment IMO.
 
Remarkably cheap there maybe. Way, way over normal prices here in the US. You could grab them for $30-40K in various conditions when they first started importing them, though that may have changed a bit now.
 
McLaren
Remarkably cheap there maybe. Way, way over normal prices here in the US. You could grab them for $30-40K in various conditions when they first started importing them, though that may have changed a bit now.
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Aye? I think you might've missed the mileage. As I said, modern Evos, DC2s and similar Japanese cars with far less of a cult status in America, in similar condition have been going for more. R32 prices worldwide have been skyrocketing, America more-so than elsewhere. I'm not sure what relevance the 'normal figure' remark has because this isn't some rough grade 3 car like they all seem to be. It doesn't really make sense to say that R32s are more expensive in Japan than they are than the US because that's where they come from? The ones sold in America are marked up from auction sites and sales over there. They're far more expensive there now but that's pretty much wholely due to the massive influx of demand for them now.

Highly modified ones or really really tidy ones approach 30-50k, sure (those are over valued though), bit considering what higher mileage Supras go over there, as well as just moderately tidy R34s, 90k for probably the most immaculate R32 outside of the company owned ones is a steal.
 
SVX
Aye? I think you might've missed the mileage. As I said, modern Evos, DC2s and similar Japanese cars with far less of a cult status in America, in similar condition have been going for more. R32 prices worldwide have been skyrocketing, America more-so than elsewhere. I'm not sure what relevance the 'normal figure' remark has because this isn't some rough grade 3 car like they all seem to be. It doesn't really make sense to say that R32s are more expensive in Japan than they are than the US because that's where they come from? The ones sold in America are marked up from auction sites and sales over there. They're far more expensive there now but that's pretty much wholely due to the massive influx of demand for them now.

Highly modified ones or really really tidy ones approach 30-50k, sure (those are over valued though), bit considering what higher mileage Supras go over there, as well as just moderately tidy R34s, 90k for probably the most immaculate R32 outside of the company owned ones is a steal.
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I didn't miss the mileage at all; that's the only reason it commands the value it's at. It would fetch similar pricing here based on the last 3 to go to auction: One sold in January for $60,500 with under 24,000 miles in complete OEM condition. One sold the previous year for $82,500 with under 10,000 miles. A '92 example with 4,100 miles sold for $87,000 a month ago. You can see where the US market sits on the car in peak condition.

The majority of R32s coming into the US are nowhere close to being so pristine. Most have easily 50,000+ miles on them because they are the cheapest examples to pick up in Japan and ship over here. All I did was quickly google them, and the prices have normalized as they bring more into market. Here's what a couple examples have sold for through 1 importer:
-'90 w/ 39.3k: $22,500
-'91 w/ 81.2k: $25,900
-'91 w/ 35.6k: $27,900
-'92 w/ 65.6k: $27,500
-'92 w/ 23.5k: $28,500
-'92 w/ 157k: $25,900
-'89 w/ 92.5k: $25,500
-'92 w/ 72.1k: $23,500
-'92 w/ 77.7k: $26,900
-'91 w/ 81.2k: $25,900

Japanese Classics has a couple GT-R examples as well. There is a '91 pending at $28,995 with 78,000 miles & a '92 with POA at 53,000 miles. This right around what I saw them going for over a year ago.

Not a single example fetches over $30,000 & the only reason the pricing likes to vary regardless of year & mileage is that unlike 95% of other used cars, modifications get factored into the sale. So per your original post, I don't foresee rougher ones approaching $35,000 any time soon. These examples above are not super clean, but they're not very rough, either. But, they demonstrate the average value for the average example for sale. Highly modified ones are barely commanding $40,000 because they typically still have high mileage and $10,000 over the average price for, usually, 500-600whp is about fair. The tidy ones are on spot & up as shown by auction results.

If prices are rising in Japan, it's because there's likely an influx of US buyers trying to grab what's still left before they have to pay for higher quality examples which will reflect back over here. But, I'm sure the market has bottomed out as importers begin searching for the R33 examples as 2020 is only a couple years out.

I fully expect R34 GT-R values to match the current high values of Mk. IV Supra Turbos.
 
McLaren
Not a single example fetches over $30,000 & the only reason the pricing likes to vary regardless of year & mileage is that unlike 95% of other used cars, modifications get factored into the sale. So per your original post, I don't foresee rougher ones approaching $35,000 any time soon. These examples above are not super clean, but they're not very rough, either. But, they demonstrate the average value for the average example for sale. Highly modified ones are barely commanding $40,000 because they typically still have high mileage and $10,000 over the average price for, usually, 500-600whp is about fair. The tidy ones are on spot & up as shown by auction results.
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I can't remember the name of the dealership, but it was a US based one, and R32s with 50,000 - 70,000 miles were reaching upwards of 30k-40k, iirc. I very much remember R32s only barely reaching 18k-22k a year or two back, with steady increases. Japanese Classics pricing is sort of moot though due to the sketchy business that place does, anyway.

McLaren
I fully expect R34 GT-R values to match the current high values of Mk. IV Supra Turbos.
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They'll eclipse, and probably beat Supras Stateside, seeing as they already have in Japan. Once the R32 supply begins to dry up a lot more, I think we will see values jumping up more than the steady increases we've seen already. The R33 I don't believe will steal too much of the thunder because it was always the unloved one and that usually is represented with the pricing, at least here. The R33 never really reached the cult status both on and off the track the R32 did, so while I do think they'll be worth slightly more since they're a newer car in the end, I don't think they will appreciate as much (and perhaps depreciate a bit).
 
SVX
I can't remember the name of the dealership, but it was a US based one, and R32s with 50,000 - 70,000 miles were reaching upwards of 30k-40k, iirc. I very much remember R32s only barely reaching 18k-22k a year or two back, with steady increases. Japanese Classics pricing is sort of moot though due to the sketchy business that place does, anyway.
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When they finally made it over, a few did, but the majority remained around $30,000. Japanese Classics' practices is a moot point as well; we're discussing current values, not how they conduct themselves. Their pricing falls in line with what's expected.

They'll eclipse, and probably beat Supras Stateside, seeing as they already have in Japan. Once the R32 supply begins to dry up a lot more, I think we will see values jumping up more than the steady increases we've seen already. The R33 I don't believe will steal too much of the thunder because it was always the unloved one and that usually is represented with the pricing, at least here. The R33 never really reached the cult status both on and off the track the R32 did, so while I do think they'll be worth slightly more since they're a newer car in the end, I don't think they will appreciate as much (and perhaps depreciate a bit).
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Current values have reached as high as $100,000 for mint, unmolested Supras, and owners are starting to pay attention to 'numbers-matching' cars, which is driving value a bit as well. That's what some of the legalized MotoRex cars have moved for, whilst others have traded for far less due to risk, usually around $60,000. That's pretty well on par with how Supra Turbos are starting to go for that aren't pushing heavy mileage & not drag raced.

I do expect the first couple years to probably bring out some really, overpriced examples but they will eventually settle once the "OMG it's legal" factor has worn off. I'd wager an average price of $60-80,000 if they're not coming in with over 100,000 miles. There'll be some of those examples too that will be asking stupid money for "eh" conditions. It's been witnessed once with the MB 190E Evo II & that's not even a popular car over here.

R32 supply isn't going to dry up, either. It doesn't have the popular cult following the R34 does, and it only regained popularity in the US when it was finally legalized. That's come and gone here. People only seem to "gaga" over them when they finally see one in person, and it wouldn't even need to be a GT-R model. You can pick up a run-of-the-mill R32 model now for under $20,000 if you really want one.
 

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