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Spectre38 · 18 July 2020, 12:01 AM

I was watching an old movie from somewhere around 1966 or 67... I wish I had caught the name, but only caught about 15 minutes of the movie. A guy was talking to another guy who appeared to have some money. The first guy leaned on the other guys car ... which happened to be a 1964 Ferrari GTO. The owner looked over and said " Hey! Do you mind! I just spent $14,000 on that car...

The 1964 Ferrari 250 GTO originally sold for 18K.... so if the film was '66 or '67 the car was several years old, he bought it used for 14k.... In 2018 a 1963 Ferrari GTO sold for 70 million... which was exceptional, but several 1962-1964 GTOs have gone for 40 to 50 million.

Not a bad return on investment.

Knappo 1307 · 18 July 2020, 12:05 AM

1680 Red, were 600-700 brand new in the late 60's early 70's.

gnuyork · 18 July 2020, 12:53 AM

Yes old Ferraris seem like great investments. I came close to buying an early 80s 308 when they were $35-40K and now they seemed to have doubled in price. Of course this was probably the most affordable Ferrari at the time, and maybe still is, but I just think it's one of the coolest.

But I chickened out and got a more reliable supercharged Lotus instead. No complaints.

18 July 2020, 12:01 AM	#1
Spectre38 "TRF" Member Join Date: Jun 2020 Real Name: Paul Location: Out West Watch: and be amazed. Posts: 1,552	My how things have changed... I was watching an old movie from somewhere around 1966 or 67... I wish I had caught the name, but only caught about 15 minutes of the movie. A guy was talking to another guy who appeared to have some money. The first guy leaned on the other guys car ... which happened to be a 1964 Ferrari GTO. The owner looked over and said " Hey! Do you mind! I just spent $14,000 on that car... The 1964 Ferrari 250 GTO originally sold for 18K.... so if the film was '66 or '67 the car was several years old, he bought it used for 14k.... In 2018 a 1963 Ferrari GTO sold for 70 million... which was exceptional, but several 1962-1964 GTOs have gone for 40 to 50 million. Not a bad return on investment.

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18 July 2020, 12:05 AM	#2
Knappo 1307 2024 SubLV41 Pledge Member Join Date: Sep 2011 Real Name: Jason Location: USA Watch: Sea Dweller Posts: 8,561	1680 Red, were 600-700 brand new in the late 60's early 70's.

18 July 2020, 12:53 AM	#3
gnuyork "TRF" Member Join Date: Dec 2011 Location: Marietta, GA Posts: 3,353	Yes old Ferraris seem like great investments. I came close to buying an early 80s 308 when they were $35-40K and now they seemed to have doubled in price. Of course this was probably the most affordable Ferrari at the time, and maybe still is, but I just think it's one of the coolest. But I chickened out and got a more reliable supercharged Lotus instead. No complaints.

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