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Well, it looks like the bottom is now finally falling out of the market.

5 mins ago a nice looking Daytona only managed $260k. Yesterday a 275GTS managed only $350k. There's still quite a few Ferraris to go in the Gooding auction (you can watch it live at http://auction.goodingco.com/auction.g&c), it'll be interesting to see the last lot (also a 275GTS), and the 250 California Spyder.


Onno
Thank you for the link Onno I'm in at the auction.... very interesting indeed.
About the prices...have we honestly expected anything else ?
 

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About the prices...have we honestly expected anything else ?
Well, you never quite know. It was expected but personally I still needed confirmation as the previous auctions were a bit less but not quite disastrous. Nonetheless, even at this auction there are still some surprises like the Enzo that was just hammered at $1.15 million, close to its high estimate.

Some other results that peaked my interest:

Lot 18: Bugatti 57 Atalante - only $350,000 (low est $600k)
Lot 33: Alfa Romeo TZ1 - $400,000 (low est $550k)
Lot 34: Duesenberg Model J - $740,000 (low est $950k)
Lot 37: 250 GT Lusso - $640,000 $(low est $700k)


Onno



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I am always amazed as to how much Enzo's still bring!
What is the price range of an Enzo now? Isn't it around ~$1,200,000-$1,400,000 USD?

Chris
 

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OLne recently was forclosed on and immediately sold forn $800K.

However most are now high $900K to $1.1 Mil
 

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OLne recently was forclosed on and immediately sold forn $800K.

However most are now high $900K to $1.1 Mil
Oh wow! I was way off. Getting close to my price;)

Chris
 

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Well, it looks like the bottom is now finally falling out of the market.

5 mins ago a nice looking Daytona only managed $260k. Yesterday a 275GTS managed only $350k. There's still quite a few Ferraris to go in the Gooding auction (you can watch it live at http://auction.goodingco.com/auction.g&c), it'll be interesting to see the last lot (also a 275GTS), and the 250 California Spyder.


Onno
When the 275 GTS gets back down under $200k again (which I think it just might) then lets talk.
 
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