Five special edition Ferraris to auction in Italy



2015-06-26 13:14:41

Five special edition Ferraris to auction in Italy

Five special edition Ferraris, including one so fast it cannot be driven on the road, are to auction

Five special edition Ferraris from the last 30 years are to auction in Italy on May 24-25.

Believed to be worth in excess of $5m, the Ferraris are to be sold by RM Auctions during the forthcoming Concorso d'Eleganza Villa d'Este weekend - an internationally renowned competition for classic cars established in 1928.

Ferrari auction 2010's track-only 599XX boasts 720bph

The five special edition cars set to star at the sale are the Enzo, F40, F50, 288 GTO and 599XX - a car so powerful it is not allowed to be driven on the road.

2010's 599XX, a track only vehicle, will likely bring $1.4m+, while a 288GTO - one of the fastest appreciating models built by the marque - is valued at $1.2m.

Only 399 Enzos were manufactured, between 2002-2004. The present model is expected to bring $1.1m.

The Ferrari F50 has been valued at $628,300 while the F40 is likely to make $551,615.

However, the total price for the "full-house" is likely to be less than the figure paid for a historic Ferrari 375MM 1953 Berlinetta, which is also to go under the hammer.

The elegant Berlinetta is likely to bring in excess of $7.7m.

A classic car is one of the few investments you can really use and enjoy without significantly decreasing its value. For more information about the classic car market, see the Paul Fraser Collectibles guide to investing in classic cars.

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