Discussion
chiswick67 said:
looks like they are still a sound investment then!
If Nick Mason's had his GTO since the 1970s, he must've got it for a decent price then and the car must've accumulated incredibly in value ever since. (Anybody know how much it would've cost him back then?) In his book I remember he says something about how he used the GTO as collateral for his share of the insurance for one of Pink Floyd's 1980s tours - I think it was their first after Roger Waters left. Also, Top Gear were able to borrow it for a feature but the car had to sit there because the insurance costs to drive it were far too high. I used to have an Autocar supplement from the 90s, celebrating Ferrari's 50th anniversary. There was a feature about the GTO that mentioned how one owner ended up making his car a static indoor display feature because his insurers were just too afraid to let him drive it anywhere!
BelfastBoy said:
chiswick67 said:
I used to have an Autocar supplement from the 90s, celebrating Ferrari's 50th anniversary. There was a feature about the GTO that mentioned how one owner ended up making his car a static indoor display feature because his insurers were just too afraid to let him drive it anywhere!
And at the opposite end of the spectrum you have this!
traxx said:
iirc he paid 65k for his car in 75
I remember him telling us that at the time it was considered a stupidly high price for the car.
I remember him telling us that at the time it was considered a stupidly high price for the car.
He used to tell people that after the 80's boom, given the choice of being called a fool for spending so much on "just another old racing car) or a financial genius, he far preferred being called a fool . . . . . and then he got involved with the classic car investment thing
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