Ferrari 250 GT LWB “Tour de France” Berlinetta auctioned for $3.6 million

Article by Christian A., on October 27, 2011

A 1958 Ferrari was purchased last night for $3.6 million as collectors competed for the premier classic vehicles and didn’t express any interest in the others. Three of the prominent four lots did not sell at a London auction that includes another Ferrari, an Aston Martin and a Lamborghini. The Ferrari 250 GT LWB "Tour de France" Berlinetta was purchased by a telephone bidder at RM Auctions.

Its price including fees was the highest of the evening, amounting to 2.24 million pounds. It was the most highly valued lot, with an expected hammer price of as high as 2.4 million pounds. Senior analyst Dave Selby at the U.K.-based research company Historic Automobile Group International (HAGI) related that there is still interest for established top-level vehicles such as the Ferraris.

The progress for Aston Martins over the last five years has been extraordinary. The HAGI Top 50 benchmark Index of outstanding classic vehicles dropped 0.35% in September. At bellwether auctions in Monterey, California, in August, records were established for the rarest models, while more routine automobiles sometimes had trouble finding customers.

Demand is being lowered by concerns regarding volatile stocks, economic growth and sovereign debt, according to the dealers. The most notable Ferrari, which at one time had its Italian engine changed, spent the majority of its lifespan in the U.S. prior to being acquired by a UK enthusiast and competed in the 2005 Mille Miglia, RM said.

The models that failed to sell include a 1955 Ferrari 750 Monza Spyder, determined at 1.5 million pounds to 1.8 million pounds, and a 1961 Aston Martin DB4 GT, one of only 75 built, valued at 780,000 pounds to 880,000 pounds.

If you liked the article, share on:

Comments

Recommended

It seems that AM-RB 001 hypercar is not the only vehicle project that Aston Martin and Red Bull Racing has gone into. This time, don’t expect something as outlandish as...
by - February 24, 2017
The year 2018 marks the golden anniversary of Subaru of America. Of course, the company will celebrate 50 years of being at the helm of the brand’s crusade in North...
by - February 24, 2017
During car crashes and accidents, there are times that its occupants can’t get out easily. There are times when the only way to get out of that situation is to...
by - February 23, 2017
Could this be a special version of Ferrari’s much acclaimed LaFerrari? No matter how we look at it, the patent images for this sports car from Ferrari indicate its striking...
by - February 23, 2017
How fast can a 2017 Chevrolet Camaro ZL1 actually go? Considering the amount of power lurking underneath its line-laden bonnet, the 2017 Camaro ZL1 is capable of achieving a top...
by - February 23, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries