The genuine Ferrari 250 GTO spotted thread

The genuine Ferrari 250 GTO spotted thread

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Discussion

LotusOmega375D

Original Poster:

7,630 posts

153 months

Wednesday 20th April 2022
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Back in November 2006, Octane covered Mototechnique’s full restoration of 3527GT (“6 GTO”). The headline quoted 2450 hours of labour. Now I have no idea what the hourly rate at Mototechnique was back then, but let’s guess at £75 /hour, which would equate to £183,750. The car wasn’t exactly a basket case before the restoration, so I doubt the parts bill would have been too massive. So a wild guess at a bill for £250,000 all-in? Compare that to a value today of what £40 million? That’s the equivalent expenditure to filling my wife’s Polo with a tank of petrol!

matlotus

115 posts

96 months

Wednesday 20th April 2022
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turbospud said:
last year while out on a sunday drive,a red one yn4 passed in the other direction going through a local village
was a 250 of some sort,stunning looking machine and was amazed that it was being used considering the value
DVLA MOT checker lists it as a 275

turbospud

500 posts

238 months

Wednesday 20th April 2022
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matlotus said:
DVLA MOT checker lists it as a 275
is the 275 a later version,proberly less value hence being used.
as you can tell im not a ferrari expert

cgt2

7,101 posts

188 months

Wednesday 20th April 2022
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turbospud said:
is the 275 a later version,proberly less value hence being used.
as you can tell im not a ferrari expert
Just a tad bit less smile

jtremlett

1,377 posts

222 months

Wednesday 20th April 2022
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turbospud said:
matlotus said:
DVLA MOT checker lists it as a 275
is the 275 a later version,proberly less value hence being used.
as you can tell im not a ferrari expert
It is a 275 GTB and I've seen it on a number of occasions. Still worth more than £1 million, so not exactly peanuts!

LotusOmega375D said:
Back in November 2006, Octane covered Mototechnique’s full restoration of 3527GT (“6 GTO”). The headline quoted 2450 hours of labour. Now I have no idea what the hourly rate at Mototechnique was back then, but let’s guess at £75 /hour, which would equate to £183,750. The car wasn’t exactly a basket case before the restoration, so I doubt the parts bill would have been too massive. So a wild guess at a bill for £250,000 all-in? Compare that to a value today of what £40 million? That’s the equivalent expenditure to filling my wife’s Polo with a tank of petrol!
That same GTO has been "restored" again since. So maybe two tanks of petrol now...

HTP99

22,561 posts

140 months

Wednesday 20th April 2022
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Not a GTO but a 250 SWB, so of a similar ilk, a reasonably familiar sight when the weather is good:




DeejRC

5,799 posts

82 months

Wednesday 20th April 2022
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The 275GTB is arguably the prettiest and best GT Ferrari have ever produced.

It’s perfection on 4 wheels. Anyone who says otherwise smells of wee.