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1962 250 GTE 2+2 On Offer


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Old 06-06-2009, 09:57 PM   #1
 
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Default 1962 250 GTE 2+2 On Offer

On offer from Mike Sheehan.....

We are pleased to offer 1962 Ferrari 250 GTE 2+2 Series II s/n 4069. This is a very nice, user-friendly, pride-of-ownership 250 GTE, priced very right at $109,500.

Very good Black Metallic paint. Excellent body. Good older Tan leather. Very good Tobacco carpets. Restored in the 1980s with the original photo album showing the down-to-bare-metal repaint and serviced by the last owner with $16,894.66 in receipts. Matching numbers. A nice older restoration, runs and drives well with great brakes and suspension. Just put through an extensive inspection and pre-purchase, runs very nicely, good oil pressure, minimal smoke. Overdrive works well, all gauges operating correctly. Complete with the original tool roll with most tools, the jack and the hub-puller. Also has the Richard Merritt Operating, Maintenance and Service handbook and the Prancing Horse Motors maintenance manual. Very good Michelin XWX tires on very nice Borrani wire wheels wire with an excellent Michelin XWX spare tire and Borrani wire.
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Old 06-24-2009, 02:56 PM   #2
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oh, man...that is VERY nice, and thinking priced correctly too.


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Old 06-25-2009, 10:11 AM   #3
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Lovely car for the money, isn't it? Provided it is the car for your 'position in life'. Won't do much for the Tokyo Drift gang...


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Old 06-25-2009, 11:34 AM   #4
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Beautiful car, I still don't understand why they are so undesirable. I would buy it if i had the money. Lets hope it doen't become another GT or GTO clone


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Old 06-26-2009, 02:52 AM   #5
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Originally Posted by archiegibbs View Post
Lets hope it doen't become another GT or GTO clone
Surely a car in this condition wouldn't? If that were the case, I'd buy it out of principle!

Love the period radio, BTW.


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Old 06-26-2009, 05:06 AM   #6
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Beautiful car, I still don't understand why they are so undesirable. I would buy it if i had the money. Lets hope it doen't become another GT or GTO clone
Most likely their unloved because they are a) rather heavy to their 2 seater "sisters" b) repair costs mechanically and for the body could be staggering c) price potential to the upside (after deducting high costs on holding them longer) is rather limited as the past clearly shows d) potential buyer and lovers of a classic Ferrari's often are in a financially healthy condition to look up to 330 GTC's and further, therefore negating some "not so racy looking" Ferrari classics e) its a 4 seater (as almost all 4 seater Ferraris) are experiencing a rather neglected status.
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Old 06-26-2009, 08:58 AM   #7
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Nice analysis, 212Export. I do think, though, that these cars will be more appreciated in future. But you're right - they are just as expensive to repair and maintain as the more desirable ones, which makes their running or restoration costs very high compared to their worth.

There is a nice article on the 250PF Coupe in the Classic & Sportscar this month, which is a model that has had similar lack of attention in the past.

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Old 06-26-2009, 12:31 PM   #8
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Nice analysis, 212Export. I do think, though, that these cars will be more appreciated in future. But you're right - they are just as expensive to repair and maintain as the more desirable ones, which makes their running or restoration costs very high compared to their worth.

There is a nice article on the 250PF Coupe in the Classic & Sportscar this month, which is a model that has had similar lack of attention in the past.

Onno
Hi Onno, how are you ? Thanks for your comment. Yes, the 250 PF coupe runs a similar life although during the last couple of years, they have much stronger appreciated than the GTE's. I owned 2 PF's and 1 GTE in the years 1999 to 2005. I bought my first 250 PF in '99 for around USD 45' and the GTE in '00 for around 60' USD. Todays prices of the 2 are rather more vice versa.

The PF' felt like a tractor, the GTE was already much more civilized (being 3 years younger) but I always liked the elegant shape of the PF a little more. After the twins as kids no. 2 and 3 were born, I tried to put the twin seater baby wagon without wheels in the trunk of the 250 GTE....it was to small by 2 inches....so it had to go, the GTE that was (how dumb a decision....because 1 year later child No. 4 came around the corner and it would anyway not matter anymore at all!)
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Old 06-28-2009, 12:52 AM   #9
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Just read the C&S article on the 250 PF. Can't say that it was very inspiring from a driving perspective.

The 330 GTC has to be infinitely more desirable.


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Old 06-28-2009, 01:07 AM   #10
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Still a very lovely car. I wouldn't mind having one. I always thought these cars had a "James Bond" appeal to them. Not really a sportscar but rather a high performance sedan.


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Old 06-28-2009, 06:04 AM   #11
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Hi Onno, how are you ?
Fine, thanks. Reality has hit and I'm back in the desert, working. I saw your old GTC at a classic Ferrari meet a year or two ago. She was looking in fine condition.

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The 330 GTC has to be infinitely more desirable.
Can't argue with you there! She's been everything I was hoping for and more.


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Old 09-11-2009, 02:45 PM   #12
 
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Just read the C&S article on the 250 PF. Can't say that it was very inspiring from a driving perspective.

The 330 GTC has to be infinitely more desirable.
The GTE and the PF Coupe are for sure the greatest sleepers in Ferrari history. I'm very happy to see the PF Coupe finally reaching the level it deserves. Trailing the GTE for years is absurd. This is a front engine 2 seat Ferrari for Gods sake.
Driving like a tractor is absolutely correct, but that also means that the Boano cars, Europa, Etc. also drive like a tractor, but I sure wouldn't pass on one for that flaw.
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Old 09-12-2009, 02:03 AM   #13
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The GTE and the PF Coupe are for sure the greatest sleepers in Ferrari history. I'm very happy to see the PF Coupe finally reaching the level it deserves. Trailing the GTE for years is absurd. This is a front engine 2 seat Ferrari for Gods sake.
Driving like a tractor is absolutely correct, but that also means that the Boano cars, Europa, Etc. also drive like a tractor, but I sure wouldn't pass on one for that flaw.
You raise a very valid point and I guess it comes down to appreciating the car, driving style, and experience for what it represents in its period. A 250 TdF, 250 PF all drive like a truck compared to a 599 GTB, however so does a Daytona and a BB. However in their day, they were the best drivers cars made. Driving one today is an exercise in understanding and getting the most out of the car.


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