Bonhams Gstaad Daytonas

Boxer · 11-29-2008, 10:27 PM

Having just purchased a Daytona and given the current economic situation, I have been watching with more than a passing interest in what has been happening to prices. Based on the estimates at the December Gstaad auction, it does not look like the bottom has fallen out of the market. It is down a bit, but not a huge amount when you consider the run up over the past 3 years.

Lot 209
1970 Ferrari 365GTB/4 ‘Daytona’ Coupé Chassis no. 13345
Estimate: CHF390,000 - 450,000

Lot 227
Ex-Mel Blanc, the voice of Bugs Bunny,1972 Ferrari 365GTB/4 ‘Daytona’ Spyder Conversion Chassis no. 14995
Estimate: CHF240,000 - 300,000

Lot 228
1973 Ferrari 365GTB/4 ‘Daytona’ Berlinetta Chassis no. 16189 Engine no. 16189
Estimate: CHF350,000 - 420,000

CHF 1 = US $ 0.83
CHF 1 = GBP 0.54
CHF 1 = Euro 0.65

JazzyO · 11-30-2008, 08:45 AM

When you're in the market, or have just been in it, or think you will be soon, then these pricing trends are fascinating. I find myself in the same frame of mind when it comes to 365BB's (as we all know for the same reason as yourself), Boxer, but as I'm also thinking ahead I'm very keenly checking the market as a whole.

I agree the prices are still strong enough on the estimates - but the auction is still 3 weeks away and so the auction results should prove very interesting. Can the cars achieve the middle or higher estimates? That would be an indication that the market might not drop as much as we thought, at least for premium vehicles. If not, that might be the first real indication the slide is not stopping. The Daytona has always been a good barometer as it crosses the divide between "expensive" and "insane" prices - I don't mean that literally, but you catch my drift. It sits at the bottom end of the 60ies icons, but quite a bit above the other contenders such as the 365BB, the 330GTC and then less loved classics such as the 2+2's.

Onno

212Export · 12-01-2008, 02:12 AM

I would be surprised if they catch the low estimate, except for the "Conversion", which to me (after a telephone call to a guy who serviced the car) seems attractive (price wise).

Interestingly the guy who's selling the grey Plexi Daytona (looks great as his 365BB in grey does) has offered that car for over 1 year for a asking price of Euro 345' which would be roughly Swiss Franc 530', but now the low estimate is 390' a reduction of 26%, thinking allowed.

Boxer · 12-01-2008, 07:46 AM

Quote:

Originally Posted by 212Export

I would be surprised if they catch the low estimate, except for the "Conversion", which to me (after a telephone call to a guy who serviced the car) seems attractive (price wise).

Interestingly the guy who's selling the grey Plexi Daytona (looks great as his 365BB in grey does) has offered that car for over 1 year for a asking price of Euro 345' which would be roughly Swiss Franc 530', but now the low estimate is 390' a reduction of 26%, thinking allowed.

Sounds like the Daytona seller caught a strong case of realism.

JazzyO · 12-01-2008, 08:39 AM

Quote:

Originally Posted by 212Export

I would be surprised if they catch the low estimate, except for the "Conversion", which to me (after a telephone call to a guy who serviced the car) seems attractive (price wise).

Interestingly the guy who's selling the grey Plexi Daytona (looks great as his 365BB in grey does) has offered that car for over 1 year for a asking price of Euro 345' which would be roughly Swiss Franc 530', but now the low estimate is 390' a reduction of 26%, thinking allowed.

Grey BB and Grey Daytona - very classy garage indeed!

Onno

11-29-2008, 10:27 PM	#1
Boxer Owner Elite Member Join Date: Apr 2004 Location: UK Ferrari Life Posts: 12,792	Bonhams Gstaad Daytonas Having just purchased a Daytona and given the current economic situation, I have been watching with more than a passing interest in what has been happening to prices. Based on the estimates at the December Gstaad auction, it does not look like the bottom has fallen out of the market. It is down a bit, but not a huge amount when you consider the run up over the past 3 years. Lot 209 1970 Ferrari 365GTB/4 ‘Daytona’ Coupé Chassis no. 13345 Estimate: CHF390,000 - 450,000 Lot 227 Ex-Mel Blanc, the voice of Bugs Bunny,1972 Ferrari 365GTB/4 ‘Daytona’ Spyder Conversion Chassis no. 14995 Estimate: CHF240,000 - 300,000 Lot 228 1973 Ferrari 365GTB/4 ‘Daytona’ Berlinetta Chassis no. 16189 Engine no. 16189 Estimate: CHF350,000 - 420,000 CHF 1 = US $ 0.83 CHF 1 = GBP 0.54 CHF 1 = Euro 0.65 Boxer Current: F40, F50, 612, 430 Scuderia Past: 360 Modena, 360 Challenge, 550, 575, 365BB, 512BB, 456 GT, F355 GTS, 365 GTB/4 Daytona, 308 GTB

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11-30-2008, 08:45 AM	#2
JazzyO Owner Elite Member Join Date: Feb 2007 Location: Jersey, Channel Islands Ferrari Life Posts: 4,289	When you're in the market, or have just been in it, or think you will be soon, then these pricing trends are fascinating. I find myself in the same frame of mind when it comes to 365BB's (as we all know for the same reason as yourself), Boxer, but as I'm also thinking ahead I'm very keenly checking the market as a whole. I agree the prices are still strong enough on the estimates - but the auction is still 3 weeks away and so the auction results should prove very interesting. Can the cars achieve the middle or higher estimates? That would be an indication that the market might not drop as much as we thought, at least for premium vehicles. If not, that might be the first real indication the slide is not stopping. The Daytona has always been a good barometer as it crosses the divide between "expensive" and "insane" prices - I don't mean that literally, but you catch my drift. It sits at the bottom end of the 60ies icons, but quite a bit above the other contenders such as the 365BB, the 330GTC and then less loved classics such as the 2+2's. Onno

12-01-2008, 02:12 AM	#3
212Export Owner Elite Member Join Date: Oct 2007 Location: Europe Ferrari Life Posts: 2,288	I would be surprised if they catch the low estimate, except for the "Conversion", which to me (after a telephone call to a guy who serviced the car) seems attractive (price wise). Interestingly the guy who's selling the grey Plexi Daytona (looks great as his 365BB in grey does) has offered that car for over 1 year for a asking price of Euro 345' which would be roughly Swiss Franc 530', but now the low estimate is 390' a reduction of 26%, thinking allowed.