1962 Ferrari 250 GTE

VIN: 4001GT

$368,500

Sold

Seller details

  • Auction

    Bonhams

  • Location

    Carmel, CA; US

  • Event date

    Aug 14, 2015

  • Lot

    81

Vehicle specs

  • Chassis/VIN

    4001GT

  • Body style

    Coupe 2+2

  • Odometer

    53442 M

  • Engine Type

    V12

  • Horsepower

    280

  • Induction

    3x2 bbl

  • Interior Color

    Brown

  • Exterior Color

    Black

  • Generation

    1959-1963 Ferrari 250 GTE

Vehicle details

Notes and observations recorded by Hagerty staff.

Equipment

Hitachi AM/FM, chrome spoke Borranis, Michelin XWX tires, Crane XP700 ignition module. Internal # 654/62E.

Condition

#4 Fair

Has visible flaws to the naked eye. Runs fine, but could use mechanical or cosmetic attention.

About Hagerty’s condition ratingsClose

Poor old paint abundantly flawed and edge chipped. Poor chrome. Stretched upholstery. Reportedly has $80K in receipts for recent engine, suspension and gearbox work but is in desperate need of paint and a caring home.

Market commentary

This is a project, even with the recent mechanical work, that is daunting in its extent and will take a lot of money to be the equal of some exquisite examples that have sold recently. This result may be under the low estimate, but it is still optimistic.

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