$20mln Ferrari is great investment

A rare Ferrari 250 GTO comes to market with a supersize price tag of $20 million dollars, more than a thousand times its original value.

Category:

News & Politics

Tags:

• REUTERS
• UK
• BREAKING FERRARI

[SimboSays]

20 million is a great investment if you've got 20 million, which I haven't.

[troywkling]

Only $20? I've got enough for 3 in my wallet.

[gibsoncollector]

@0wexfaron I'm sure it is not

[0wexfaron]

@gibsoncollector 250 gto

[gibsoncollector]

This is a 275 GTB... it isn't?

[TheElysianTerror]

20 million dollar car and this motherfucker drives it on a dirt road.

[bighi]

I find this video completely understandable. It's a pure numbers game of supply and demand. What still boggles my mind is that, at present, people are still investing in apts they barely use when there are Le Mans/Daytona history race cars of the best marques available for apt money. They are still making new apts. But they aren't building any new Oreca Vipers, 993 gt2 evos, Lister Storms, the list goes on. No, not cheap. But not quite a million. Yet.

[bighi]

should have gotten in when they were 4 thousand dollars in 1970.  Less than a new Cadillac.

[Corbon440]

@natantaz

This is a rebodied '63 GTO, s/n 4675GT, bought by Chris Evans for around $19m. And the 250 GTO '64 are always listed as 250's, there is no official 330 GTO.

[natantaz]

@95115964: Sorry, but the lady is right. The three GTO's you're referring to are 4 liter models and therefore not officially called 250 GTO but 330 GTO.

The model in this video is actually a 64 model and there are only three of those officially made, and an additional four early models received 64 bodies later on.