£130k profit in 2 years from a DB5
Discussion
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...
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...
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