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Discussion Starter #1
Just picked up the September HMN.

For Sale:

1985 288 GTO, red, a/c, pw, 600 miles, etc.

$1,100,000 USD


Pull out your check books...Visa won't raise my limit.

Forza,

Dane
 

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Sorry, but isn't this insane money????????? I always thought market value of a 288 GTO should be somewhere half of that at the most, probably even less than that! Don't want to sell or just overpriced?

Niels
 

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Yes, I thought it was a bit outrageous. Directly below is another '85 288 for $325,000 USD. 22,000KM. That's a bit more like it. Still, Visa won't raise my limit that high! :wink:

Forza,

Dane
 

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Discussion Starter #8
T-Boy,

I concur. $500K maybe but $1.1M is crazy. D
 

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288 GTO arent worth $ 500 000. You can buy 288 GTO with very low mileage for $ 300/350 000 and thats the US market . In europe you can get them for $250 000 or even less if you dont mind buying a car that was actually used ..

This one for $1M is crazyness. Even if it only has 600 miles..For $1M id buy a nice 250 SWB comp ! or an Enzo and an F40 ..:)
 

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There was a consortium based in California that held - in a climate-controlled vault (and I'm not joking about it being a vault...) - all of the "classic" Ferraris that were 100-pt concours restored, or were the brand-new cars with delivery miles on them (288 GTO's, F40's, etc...), for investment purposes.

With the state of the economy as its in, these folks may be feeling the crunch and need money now....
 

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[quote='75 308 GT4 (Peter)]There was a consortium based in California that held - in a climate-controlled vault (and I'm not joking about it being a vault...) - all of the "classic" Ferraris that were 100-pt concours restored, or were the brand-new cars with delivery miles on them (288 GTO's, F40's, etc...), for investment purposes.

With the state of the economy as its in, these folks may be feeling the crunch and need money now....[/quote]


i read about them ..i think it was called cavallino investemnt or something like that
 

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Amenasce said:
[quote='75 308 GT4 (Peter)]There was a consortium based in California that held - in a climate-controlled vault (and I'm not joking about it being a vault...) - all of the "classic" Ferraris that were 100-pt concours restored, or were the brand-new cars with delivery miles on them (288 GTO's, F40's, etc...), for investment purposes.

With the state of the economy as its in, these folks may be feeling the crunch and need money now....

i read about them ..i think it was called cavallino investemnt or something like that[/quote]

Where can I find out more about this??
 

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compare this pricing with the other GTO, it seems to be on the low end over the entire GTO spectrum... 250 GTO, 330 GTO (LM)... just not as much love for this series ($$$)
 

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A 600 miles car will always demand a special or lunatic price. Besides if that deal goes it will not be the highest recently paid price.
 
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