RE: The month that was April | Gavelled!
RE: The month that was April | Gavelled!
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The month that was April | Gavelled!

A Ferrari V12 GT, a piece of Porsche history and a Richard Burns special headlined auctions in April


Ferrari 599 GTB Fiorano HGTE, 2008, 38.6k miles - sold for £75,040*

If you found yourself shopping for a V12 Ferrari back in the day, the handling package was an option box that absolutely needed ticking. Not that the marque’s GTs were a flabby mess without it, but had you forked out the many thousands required you were treated to an array of subtle yet significant improvements that sharpened up the dynamics while maintaining a degree of pliancy. These days, most buyers of old Ferrari grand tourers intend to use them sparingly and they’ll want every mile to feel as special as can be, making the handling packaging as desirable now as it’s ever been. 

Not that you’d turn your nose up at this 599 GTB Fiorano if it were in a bargain spec, because there’s 620hp of naturally-aspirated V12 up front and Pininfarina looks to die for. But this is an HGTE, or ‘Handling Gran Turismo Evoluzione’, meaning a lower ride height, tweaks to the damping and a remapped throttle and gearbox for extra snappiness. Add to that a superbly understated black on black spec, stacks of main dealer and specialist servicing plus a recent clutch replacement, and you’ve got yourself a bidding magnet. The hammer ultimately fell at £75,040 including the buyer’s fee, leaving the seller with a 599-shaped space on their drive and a wad of cash to fill it. 

See the original advert 

Porsche 356 C, 1964, 3.1k miles - sold for £70,000

For a company that’s synonymous with a single model, Porsche’s history is full of cars that have helped prop the brand up when 911 sales alone could not. Cars like the 924, Boxster and Cayenne have all thrown Porsche a financial lifeline in the past, allowing the 911 to remain as the model that upholds the brand’s identity. And while it’s unfair to include the 356 in that list, given it predates the 911 by over a decade and a half, it’s the car that turned Porsche from a small engineering outfit into a fully fledged car manufacturer. So really quite important, then.

Obviously, that’s been reflected in values for quite some time, but actually putting a price tag on one can be difficult. Porsche made tens of thousands of them, making condition and provenance key to a strong result at auction. That’s exactly what we’ve got with this lovely Heron Grey 356 C, which not only comes with a Porsche Certificate of Authenticity and Kardex, but has also been meticulously restored using as many original parts as possible. It really is a lovely thing, and naturally spawned quite the bidding frenzy. It amassed an impressive 119 bids before hammer met gavel, with the winning bidder handing over £70,000 including the buyer’s fee to get their hands on it. Not a bad return for a car that, if you ignore inflation, only cost a few grand when new…

See the original advert

Subaru Impreza WRX STI RB320, 2007, 31.1k miles - sold for £28,995

Yes, a Subaru Impreza does look out of place sat alongside a Ferrari V12 and a piece of Porsche history. But to call this any old Impreza would be doing it a huge injustice. As you’ll know, Subaru dished out umpteen special edition WRXs over the years, a good chunk of which were done in partnership with its WRC squad Prodrive. The RB320 is arguably the most special of the lot, built to commemorate the late, great Richard Burns, who bagged the 2001 driver’s championship driving for Subaru.

To pay tribute, Prodrive dialled up the 2.5-litre turbocharged flat-four to 320hp, bolted on some Bilstein dampers paired with lower Eibach springs, and fitted an adjustable anti-roll bar to the rear. It was meaner, too, with all 320 examples finished in black with black wheels and a black interior, albeit with orange accents from the RB320 logos providing a tiny dash of colour. Values are starting to go the way of the P1, with this immaculate example going for £28,955 including the buyer’s fee. Given they were in the mid-teens just a decade ago, it does make you wonder how much it might go for the next time one goes under the hammer.

See the original advert


Top 10 PistonHeads auction results in April*

  1. Ferrari 599 GTB Fiorano - £75,040
  2. Porsche 356 C - £70,000
  3. Lotus Exige S3 V6 Roadster - £38,056
  4. Porsche 911 (996) Turbo - £35,376
  5. Audi e-tron GT Quattro Vorsprung - £35,912
  6. Lotus Esprit V8 Twin Turbo - £34,500
  7. Porsche 911 (997.1) Targa 4S - £33,323
  8. Subaru Impreza WRX STI RB320 - £28,995
  9. Caterham Seven 310S SV - £26,264
  10. 10. Marcos Mantara 3.9 V8 - £24,656

*Prices shown are inclusive of the buyer’s fee, which is 6% of the selling price + VAT, with a minimum of £695 + VAT

Author
Discussion

GianiCakes

Original Poster:

631 posts

98 months

I think 599’s are starting to look like value, almost entirely because of the engine of course. That and the Impreza make a great 2 car garage for just over 100k.

Pablo16v

2,765 posts

222 months

I've always had a thing for the 356C ever since reading Robert Coucher's articles about his one back in the day in Classic Cars magazine. £70K almost seems reasonable as well as I thought these were way more expensive nowadays.

WTDMM

244 posts

9 months

I think all three of them represent some sort of value, the Subaru and the 356 especially.

Geoffcapes

1,172 posts

189 months

599's are an absolute bargain right now, if in the right spec and having been looked after.

The one that sold certainly has the right spec, lets hope it's been looked after.

nismo48

6,485 posts

232 months

All three of them are great buys.

Bernt Tuakrisp

286 posts

225 months

Great to see a modern Ferrari without the shields stuck on the sides. It makes an already below the radar spec a whole lot cooler and distinctive. I can the imagine the original dealer was more than a tad annoyed to let one through without that highly profitable box ticked.

BevR

809 posts

168 months

599s look great until you look at the bork factor, I spent a while reseraching as they seemed to good to be true value wise. However, they seem to have an ability to ruin you in ways that dont happen with a 550 or 575. Still want one though, but only when I can afford two.

GreatScott2016

2,332 posts

113 months

I recall a friend of mine collecting his new RB320 direct from Prodrive in Banbury at a SIDC meet. I was so jealous at the time. Happy memories. In truth, I was never a fan of black on black but these do have presence. Nice to see a cherished example too.

stuart100

1,099 posts

82 months

BevR said:
599s look great until you look at the bork factor, I spent a while reseraching as they seemed to good to be true value wise. However, they seem to have an ability to ruin you in ways that dont happen with a 550 or 575. Still want one though, but only when I can afford two.

I have heard the same. I'd still like a 575 anyway so not too bothered. But the 599 can be ruinous. A lot more electrics to go wrong too.

RiccardoG

1,746 posts

297 months

BevR said:
599s look great until you look at the bork factor, I spent a while reseraching as they seemed to good to be true value wise. However, they seem to have an ability to ruin you in ways that dont happen with a 550 or 575. Still want one though, but only when I can afford two.
If you read through the service history of that black 599 above you'll see just how bad it gets. From memory £40k depreciation plus £40k in service work over the last owner's tenure... I'm sure they're amazing but struggle to justify these running costs in my mind.