Friday, October 26, 2018

1973 Ferrari 365 Daytona tool set and kit bag for $695,000 and the car is tossed in for free. I'm joking of course.





that's a nice set of tools!


and a sweet car too... but the interesting thing is how cars get flipped...

This Ferrari left the factory in a group sale of 5 365 GTS and GTBs.
The 5 were bought by Chinetti and this one cost $14,706.
Then it was bought by Bobcar the next day for $20k
Then it was sold the next day for $26,279 to Robert P. Minnick, Jr. President of Trancendental Audio Ltd of New York, who later founded Car Guy Nation

I find the profiteering interesting. Ferrari sold it, flip flip and then it's 11,500 dollars more, before getting to a driver/owner. It's nearly doubled in price, and hasn't even left a showroom, or been in the country a week

3 years and 10k miles it was sold for 36k
16 years and 27,600 miles later, it was sold and then went through flippers who only put 559 miles on it over, and profitted 340,000.
29 years and 6,396 miles later, asking price 695,000.
https://www.classicdriver.com/en/car/ferrari/365/1973/558145

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