Posts Tagged for sale

An Auctioned Ferrari Sold for €6.250 Million in Moranello

Several Ferrari automobiles were recently auctioned by Sothebyâ??s/RM Auctions at Moranello, Italy which generated for them a handsome sum of â?¬32 to â?¬35 million ($43 million to $47 million). The new record auctioned sales for a Ferrari was set toward the end of the event when an anonymous telephone bidder has offered a jaw dropping bid amounting to â?¬6.250 million ($8.43 million) that comes with a ten percent commission. The entire bid reached a $9-point-something-million-dollar sale.

The descriptive copy of the Ferrari in the auction catalog is Ferrari Leggenda E Passione which when translated in English means Legends and Passion. The Ferrari for lot 221 read: â??The 1962 Ferrari 330 TRI/LM Testa Rosa Spyder is the last of the most famous Ferraris. Testa Rosas won Le Mans, arguably the most famous automobile race in 1958, 1960, 1961, and 1962—A record that has never been broken.â?

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How to Evaluate a Used Ferrari for Purchase

For car lovers, the ultimate in sports car pleasure is to slip behind the wheel of a Ferrari. If it is your deepest desire to own a Ferrari, you will want to make sure to evaluate the Ferrari carefully before you make a purchase. In this way you can ensure that you are getting a quality vehicle that will be a good investment.

Once you have narrowed down which particular Ferrari you would like to have as your own, you will need to get an idea of how much that vehicle is worth. There are some good sources for Ferrari valuation. Although ordinarily a wealth of information about several different makes of cars, the Kelley Blue Book lists no pricing information for used Ferraris. Instead, try the N.A.D.A. Official Used Car Guide. Select the “Consumer” guide, and then enter the make and model as well as the year, and you will get back pricing information.

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