£130k profit in 2 years from a DB5

£130k profit in 2 years from a DB5

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williamp

Original Poster:

19,296 posts

275 months

Sunday 22nd January 2012
quotequote all
Not bad, eh?

This DB5 convertable was sold at the Bonhams auction in 2010 for £359,000

http://www.bonhams.com/eur/auction/18211/lot/347/

Despite the original patina, the car went straight into works service for a full restoration, totalling more then £250k. Fresh from this, its now for sale:

http://www.dkeng.co.uk/ferrari-sales/226/Blue_Chip...

Price is listed as POA, but the current classic and aportscar lists the price as £745,000.

(and the magazine dont seem to like the paint job!)

Assuming it sells, thats a cool £130k profit in 2 years. Or a new V12 Vantage for yout troubles...