1985 Ferrari 288 GTO

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Red 1962 Ferrari 330 LM/GTO front view

If you plan to be in New York City on November 13 and have easy access to about $60 million, why not take a chance bidding on a one-of-one Ferrari? The RM Sotheby’s Modern and Contemporary Art auction will offer a 1962 Ferrari 250 GTO that’s also known as the 330 LM. The car was built to suit a new race class at the time, which allowed replacing the 25 GTO’s 3.0-liter V12 with a more powerful 4.0-liter. Ferrari kept this special GTO for its own Scuderia Ferrari race team. Will this car surpass the reported $70 million a private collector paid for a 250 GTO in 2018? We shall see on November 13.

Red Ferrari Testarossa F512M right side profile

The F512 M is considered the Testarossa at its pinnacle, the last of Ferrari’s analog flat-12 supercars. After three decades, the car can still snap necks even while standing still. The F512 M continued the Testarossa / 512TR evolution, and Ferrari would make just 501 of this final version before sunsetting its flat-12 supercar series. Demand was high for the 75 cars sent to the U.S., and RM Sotheby’s Miami auction in December is offering #52, a two-owner model from the Youngtimer Collection with 10,200 miles. The pre-sale estimate is $400,000-$450,000.

Guards Red Porsche 959 left front view

Built 35 years ago, Porsche’s 959 is still considered king of the marque’s 911 line. Only 292 cars were made, with a price tag of $227,000, and Porsche reportedly lost money on each one. Broad Arrow Auctions is offering a 1987 Guards Red 959 Komfort at its Monterey Jet Center Auction, with a pre-sale estimate of $1.4 – $1.6 million.

ferrari lease specials

LaFerrari was Ferrari’s first hybrid, and sold for $1.4 million in 2013. Today, these beautiful cars sells for $3 million at auctions. And it’s not “Ferrari LaFerrari,” just LaFerrari.

Auctions 2019scottsdalewrap Up

The annual Scottsdale 2019 auctionpalooza came to a close on Sunday, with the seven auctions tallying $251m, the fourth highest take ever for these sales. Unsurprisingly, seven out of the top-10 sales for the week were Ferraris.

Mm Ferrari288gto

At its Scottsdale auction this month, RM Sotheby’s will offer a 1985 Ferrari 288 GTO originally sold in the U.S. but rarely driven. The car shows less than 2,900 miles after passing through the hands of several collectors. The pre-sale estimate is $3.2m-$3.6m.