Dang, I was wondering why it went so “low”, I thought it was going for over $100mm easily. It was getting hyped up like crazy, had its own auction, was getting posted about constantly, nicknamed “The One”. Apparently I missed the fact that it’s an engine swap, or they didn’t report it as heavily as all the other attention grabbing stuff lol Explains the unexpected result, I suppose
Isn’t this cheap for a 250 GTO?
$50 million had been the going rate for many years now and $70 million was hit a while ago.
The $70m car was a 1 of 1 with racing pedigree.
The last “normal” gto sold for $48m in 2018, which means the gto’s are actually depreciating if this one sold for $51m
It’s not a 250 GTO. It’s a 330 LM that later had a GTO motor fitted. It is not one of the original 36 ‘true’ 250 GTOs.
So yes, it is cheap for a 250 GTO, because it kind of isn’t one
Dang, I was wondering why it went so “low”, I thought it was going for over $100mm easily. It was getting hyped up like crazy, had its own auction, was getting posted about constantly, nicknamed “The One”. Apparently I missed the fact that it’s an engine swap, or they didn’t report it as heavily as all the other attention grabbing stuff lol Explains the unexpected result, I suppose