Talacrest's 250 GTO
Discussion
Personally I think is asking way too much for that car at £55 million. The market is just not willing to contemplate that price at the moment. he has been taking the car to avents around the world but has still not had a serious offer near the asking price.
Yes he has sold a number of GTO's in the past but I think he has gone too far this time
Yes he has sold a number of GTO's in the past but I think he has gone too far this time
Agent XXX said:
Streetrod said:
Personally I think is asking way too much for that car at £55 million. The market is just not willing to contemplate that price at the moment. h.
How do you know? First, one has to be clear that in this case you don't buy a car, but are invest in an appreciating (hopefully) asset.
And £55 million is such a huge capital to spend on one single asset.
I saw it in the flesh in Dubai and to be frank I didn't get 55m usd excited...in fact I get far more exciting by a 2.5m usd Ferrari 275 or Merc Gullwing.
It seems like the car has gone stale. there are probably 50 buyers in the world for this car and who won't blink at spending 55m but it either happens or doesn't.
This is why such cars are usually privately traded or auctioned.
It seems like the car has gone stale. there are probably 50 buyers in the world for this car and who won't blink at spending 55m but it either happens or doesn't.
This is why such cars are usually privately traded or auctioned.
Streetrod said:
Personally I think is asking way too much for that car at £55 million. The market is just not willing to contemplate that price at the moment. he has been taking the car to avents around the world but has still not had a serious offer near the asking price.
Yes he has sold a number of GTO's in the past but I think he has gone too far this time
I think it's actually 55 million DOLLARS ( about £43m ) not that it makes a lot of difference to me ! Yes he has sold a number of GTO's in the past but I think he has gone too far this time
A friend of mine owned it in the 70's. He told me he paid $12,500 for it and thought he'd done well when he sold it some years later for around $17,000 ! - he also owned two other GTO's as well a few years later !
Streetrod said:
Personally I think is asking way too much for that car at £55 million. The market is just not willing to contemplate that price at the moment. he has been taking the car to avents around the world but has still not had a serious offer near the asking price.
Yes he has sold a number of GTO's in the past but I think he has gone too far this time
I think it's actually 55 million DOLLARS ( about £43m ) not that it makes a lot of difference to me ! Yes he has sold a number of GTO's in the past but I think he has gone too far this time
A friend of mine owned it in the 70's. He told me he paid $12,500 for it and thought he'd done well when he sold it some years later for around $17,000 ! - he also owned two other GTO's as well a few years later !
sng45 said:
I think it's actually 55 million DOLLARS ( about £43m ) not that it makes a lot of difference to me !
A friend of mine owned it in the 70's. He told me he paid $12,500 for it and thought he'd done well when he sold it some years later for around $17,000 ! - he also owned two other GTO's as well a few years later !
Not many people can say they once owned a GTO!A friend of mine owned it in the 70's. He told me he paid $12,500 for it and thought he'd done well when he sold it some years later for around $17,000 ! - he also owned two other GTO's as well a few years later !
Marcel Massini documents the history of the car:
http://talacrest.com/ferrari-250-gto-3387/history/
It seems that John Collins actually owns it - bought it from Bernie Carl in late 2016 (according to various sources who know these things...)
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