09-06-2004, 11:58 AM
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#16
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Regular User
Join Date: Apr 2004
Location: TX
Posts: 3,850
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I was reading somewhere that the GTO prices tailed off after the stock market crash in '87 and are now slowly climbing its way back to 8 figures ....
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lol, id never spend that kind of money on a car. especially one that old. you cant even drive it!! come on... Id much rather get a Ford GT, or maybe a bit of a higher end sports car... but never something like this.
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You'd be surprised that quite a few of these cars get driven - Nick Mason, Anthony Bamford, Tony Wang and a couple other owners exercise their GTOs on race tracks ...
The price is so high due to rarity (~33 exist today), well known provenance, exceptional beauty. But the guy who bought it for USD 12 or 15 MM must be still smarting ....
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"Tazio Nuvolari - The greatest driver of the past, the present and the future" - Ferdinand Porsche
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09-06-2004, 03:04 PM
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#17
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Regular User
Join Date: Jun 2003
Location: Ontario, Canada
Posts: 4,351
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Originally Posted by dani_d_mas
... and a Mini Cooper S  . |
Not enough money would be left for a Cooper S Works?
You people must understand that these cars are bought as investments 99% of the time.
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09-06-2004, 03:13 PM
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#18
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Regular User
Join Date: May 2004
Location: Curitiba-PR-Brazil
Posts: 853
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Re: Rare 1929 Mercedes become world's second most expensive
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Originally Posted by sameerrao
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Originally Posted by X-ale
It was sold by Bonham's chairman Robert Brooks, who while working at another auction house, Christie's, also auctioned off the most expensive car ever, a 1931 Bugatti Royale, bought in 1987 for 5.5 million pounds.
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A Ferrari 250 GTO sold for about $15 MM in the mad 80s. That was the most expensive car ever. |
Sameerrao, it's not the 250 LeMans, that you are talking??
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09-06-2004, 04:01 PM
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#19
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Regular User
Join Date: Apr 2004
Location: TX
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Re: Rare 1929 Mercedes become world's second most expensive
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Originally Posted by Ian_yamaue
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Originally Posted by sameerrao
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Originally Posted by X-ale
It was sold by Bonham's chairman Robert Brooks, who while working at another auction house, Christie's, also auctioned off the most expensive car ever, a 1931 Bugatti Royale, bought in 1987 for 5.5 million pounds.
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A Ferrari 250 GTO sold for about $15 MM in the mad 80s. That was the most expensive car ever. |
Sameerrao, it's not the 250 LeMans, that you are talking?? |
No ... GTO ... the LM was never as expensive as the GTO ever ...
Here's the prices for all the Ferraris costing more than USD $500K with those crossing $5 MM highlighted in yellow. Data should be pretty current
Source: Ferrarichat.com
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"Tazio Nuvolari - The greatest driver of the past, the present and the future" - Ferdinand Porsche
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09-06-2004, 04:09 PM
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#20
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Regular User
Join Date: May 2004
Location: Curitiba-PR-Brazil
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Cool, thanks
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09-06-2004, 05:26 PM
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#21
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Regular User
Join Date: Apr 2004
Location: TX
Posts: 3,850
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It blew my mind when I first saw this list to see how many F-cars cost >$500K more than the list price of a new CGT ...
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"Tazio Nuvolari - The greatest driver of the past, the present and the future" - Ferdinand Porsche
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09-09-2004, 10:42 AM
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#22
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Regular User
Join Date: May 2004
Location: Curitiba-PR-Brazil
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09-09-2004, 11:30 AM
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#23
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Regular User
Join Date: Apr 2004
Location: TX
Posts: 3,850
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I stand corrected ... the article I read quoted $15MM ... possibly a journalistic guess and not a fact....
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"Tazio Nuvolari - The greatest driver of the past, the present and the future" - Ferdinand Porsche
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09-09-2004, 12:14 PM
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#24
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Regular User
Join Date: May 2004
Location: Curitiba-PR-Brazil
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Or simply the GTO owner didn't claimed the record for the Guinness Book.
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09-09-2004, 05:22 PM
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#25
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Regular User
Join Date: Aug 2003
Location: United Arab Emirates, Dubai
Posts: 1,387
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When will my evo cost that much for me to sell..  ...
As some of you said I would never buy this car .. First of all I won't be able to drive it.. Second I won't have a place to keep it after I spend my money buying it .. But I have to admit it's a nice looking car.
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