1963 Ferrari 250 GT Lusso

VIN: 5215GT

$2,447,500

Sold

1963 Ferrari 250 GT Lusso

Seller details

  • Auction

    RM Auctions

  • Location

    Phoenix, AZ; US

  • Event date

    Aug 16 - Aug 17, 2014

  • Lot

    89

Vehicle specs

  • Chassis/VIN

    5215GT

  • Body style

    Coupe

  • Transmission type

    Standard

  • Engine Type

    V12

  • Horsepower

    240

  • Induction

    3x2 bbl

  • Interior Color

    Beige

  • Exterior Color

    Burgundy

  • Generation

    1962-1964 Ferrari 250 GT Lusso

Vehicle details

Notes and observations recorded by Hagerty staff.

Equipment

Marchal lights, chrome spoke Borrani wire wheels, owner's wallet with manuals, tool roll, leather upholstery, Ferrari Classiche certified.

Condition

#2 Excellent

Could win a regional car show. Drives like new.

About Hagerty’s condition ratingsClose

Restored like new in 2007 with excellent paint, interior and chrome. Known history from new.

Market commentary

Sold for $704,000 at Gooding's Scottsdale auction five years ago in 2009 following its most recent restoration and engine rebuild, this result is nothing less than mind-bending, a 250% increase in five years. Two and a half million dollars would have bought so many rare, exotic and in some cases Mille Miglia eligible Ferraris in the Valley of the Sun this year that this transaction begs understanding. Oh, wait, 'Follow the crowd'?

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