246GTS History and Values - Ferrari Life
 
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post #1 of 6 Old 07-22-2006, 03:14 AM Thread Starter
 
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246GTS History and Values

What is the best way of checking the history of a car. Is there a master registry?

Also, what is the best way to determine current market values as I have been offered a complete ground-up restoration, concourse winning 1973 246 GTS at a price of about $300K AUST (US$220K).

Advice please...
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post #2 of 6 Old 07-23-2006, 03:36 AM
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Check out the Dino register. http://dinoregister.com/
Punch in the serial # and you might get some history on the car.

Are you in Australia? $300k sounds quite steep, but who knows with the way Dino prices are going. For that price, the car needs to be ABSOLUTELY complete with toolkit, jack kit, books, period radio etc. If you are in Sydney, i could put you in touch with my mechanic who restored my car and knows everything there is to know about Dinos. Who did the resto?

Greg

Current: 365GTC/4 #15709
Previously: 246GTS #07772, 365GT4/BB #17915
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post #3 of 6 Old 07-23-2006, 07:02 AM
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That price sounds way too high. NADA says that car in excellent condition should be worth $139,800.
The condition for that price would be:
High Retail Value
This vehicle would be in excellent condition overall. It could be a completely restored or an extremely well maintained original vehicle showing very minimal wear. The exterior paint, trim, and mechanics are not in need of reconditioning. The interior would be in excellent condition. Note: This value does not represent a "100 Point" or "# 1" vehicle *.

It will be worth more if it is museum quality, but I think $220 USD is a bit high.

Capt. Pete
'79 308 GTS, '82 Jeep CJ7 Jamboree
"Time is what prevents everything from happening all at once."
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post #4 of 6 Old 07-29-2006, 11:05 AM
 
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Cpi

my curent cpi book shows 148K for excellant
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post #5 of 6 Old 07-30-2006, 12:14 AM
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For history, I would also check with both the Ferrari Owners Club in the UK and the Ferrari Club of Australia. Both run a Registry. The Ferrari Owners site also has a auction history database which will tell you if the car has ever been put up at auction. Sport Car Market offers a similar feature but it mainly covers the US.

On price, it seems very high, I have seen a few very good Dinos in the UK in the GBP 45-60k range recently.
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post #6 of 6 Old 09-05-2006, 04:59 AM
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In the US, Dino prices have been running up with alarming speed.They seem to have settle for the moment.

Here's wher I peg the current market in USD.

Model Fair good Excellent Perfect (98 points)

246GT $70,000 $90,000 $125,000 more
246GTS 85,000 110,000 $150,000 Sky's the limit


Add about 5% for Flares and another 5% for Daytona interior.

Pricing for excellent assumes car is mechanically perfect, might have some small (under $5K total) issues you want to attend to. Also assumes complete books and tools as these are getting VERY pricey indeed to add after purchase.

Bigger problem is getting the folks who own a car in only fair condition to admit it. Once prices start to run up, everyone thinks they own a $100K+ car.

Oh, and having done it myself, it truly is cheaper to buy a well sorted car than to sort it out yourself, UNLESS YOU STEAL IT!!

Dave M.
 
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