Ferraris gain in value as they age. For avid car collectors rare and vintage Ferraris are the preferred investment cars. In fact it is the 1962 Ferrari GTO that holds the record of the most expensive car in the world at $35 million. It broke the record of another most expensive Ferrari, a 1963 Ferrari GTO 250 which was sold for $32 million. Now the collectors with a special interest in Ferraris have an opportunity to acquire another rare piece. It is an open top stunning red Ferrari 275 GTS Spyder with coachwork by Pininfarina. It is being offered for sale through Bonhams at the Goodwood Festival of Speed sale to be held on 29th June. The pre sales estimates have put the value of the vintage car between $590,000 and $650,000.
The car has an added appeal for a Hong Kong buyer as it come with the duty paid in Hong Kong which is a substantial amount in itself. Plus it would prove to be more suitable for buyers in Singapore, Hong Kong, South Africa, Australia, UK, India and Japan as it is a right hand drive model. It is a rare piece as only 19 right hand drive units were built out of a total production of 200 in this specific model. Manufactured in 1965 the car was delivered to Colonel Ronnie Hoare’s Maranello Concessionaires on July 19. The car was sold to its first owner Charles Lucas. The current owner in Hong Kong had purchased it directly from Lucas in 1994.
The current owner has got the car extensively restored in the last year or two. The car is presently in stunning condition. The interior of the car delivers on the Ferrari promise. It has generously sized seats. The car features wood veener dashboard which was used for the first time by Ferrari starting for this model. The Ferrari owners and enthusiasts are a class in themselves they are not just rich but very generous. They demonstrated this quality in abundance by collecting $2.4 million in an online auction for the families of earthquake victims in Italy.