Rate Ferraris will be up for sale in Monterey auction block - News Hour (press release) (subscription) (blog)
News Hour: On both the track and auction block, Ferraris are known for incredible performance. And over two dozen examples, spanning much of the storied company’s existence, will be up for sale during auction house Mecum’s main event during this month’s Monterey Car Week, reports Motor Authority. Ferrari’s modern era will be represented by cars including a 2013 458 Italia, a 2011 599 GTB Alonso Final Edition, and a three-pedal 2003 575M. But with estimates ranging between $270,000 and $500,000, those models, desirable as they may be,... Though there is a 1989 328 GTS—being described as one of the lowest-mile example in the world—which isn’t expected to fetch more than $325,000. While a 1989 F40 is expected to easily crack the million-dollar mark, most of the seven-figure cars are... Along with perennial favorites like the 1972 365 GTB/4 Daytona, there will be a 1968 330 GTS originally owned by casino king Bill Harrah, a stunning 1964 275 GTB “Short Nose,” and a one-owner 1964 250 GT/L “Lusso. If history is any guide, all of ’60s cars are practically guaranteed to appreciate, as classic Ferrari prices have skyrocketed of late—and the market has shown no signs of slowing. He is also the founder of "Bangla Automobile School" - world’s first initiative to provide lectures on automobile engineering in Bangla. Source: www.newshour.com.bd
