2023-07-06 18:30:54
This collector had the chance to buy a Ferrari usually sold for tens of millions of euros for only 200,000 euros.
And lucky buyer has gotten his hands on what appears to be a collectible ex-Ferrari usually valued at around 20 million euros… for just a little more than 200 000 euros. In other words, he made this sale for a value equivalent to one tenth of his usual value.
The car in question is a Ferrari 250 GT California Spyder. The rare auctions organized on these vehicles most often rise to staggering prices, regularly exceeding ten million euros. However, did this collector get such a good deal?
A good deal that hides a little secret…
Behind this apparent good deal Obviously hides an obvious trap. A car that has already gone for tens of millions of euros cannot suddenly be worth 200,000 euros, unless it turns out to be less sought following than the other examples. This is precisely the case for this model.
In fact, the buyer didn’t really buy an original 250 GT California Spyder. His choice rather fell…on a replica. It is, in fact, a 1998 BMW Z3 transformed and modified to look like a classic Ferrari California Spyder.
Also read:
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Ferrari: 20 discontinued models soon available at auction
This Ferrari 250 GT sat in a garage for 52 years before being found
A BMW that looks like a Ferrari California Spyder
This Ferrari California Spyder replica was even painted in Red Rosso Corsathe emblematic color of the Italian car. “In fact, its shape and size are almost identical to the real car, but its handling is very different. It is a six-speed car with 500 horsepower. This fake Ferrari features a working hood scoop, Spyder door handles and powerful looking quad tailpipes”said the seller.
The interior also looks a lot like the original Ferrari. Some differences are still notable in terms of functionality. However, being a BMW, not a Ferrari, the value of the vehicle is necessarily much lower than that of the California Spyder.
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