No-Reserve Ferrari 250 GT SWB Berlinetta at RM Sotheby’s Monterey
No-Reserve Ferrari 250 GT SWB Berlinetta at RM Sotheby’s Monterey
A 1962 Ferrari 250 GT SWB Berlinetta will cross the block at no reserve during RM Sotheby’s August 15-17 Monterey Auction.
The car, with Scaglietti coachwork, carries a pre-sale estimate of $8 million to $10 million. The car has Ferrari Classiche certification.
If you own a collector car that is appreciating in value, be sure you have Agreed Value insurance.
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Are classic cars good investments?
Are classic cars good investments? Historic Automobile Group International (HAGI) Classic car market prices overall corrected during 2023. The HAGI Top Index lost 2.41% during December and 6.22% in 2023. Performance during 2023 should also be seen in context with financial asset allocation and performance. Despite several negative predictions from leading analysts, global stocks showed strong performance during 2023 with the S&P global 1200 up 20.68% in USD terms.
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If you do an internet search for ‘auto pre-purchase inspection’ almost certainly the first Sponsored listing will be Lemon Squad. Lemon Squad has great marketing! Dig a little deeper and search for Lemon Squad reviews and you might decide to keep searching. Whichever auto pre-purchase inspection company grabs your attention, before you hire them, do your due-diligence by reading through all the good, the bad and the ugly reviews online.
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