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Saturday, July 25, 2015

These Ferrari, Lamborghini, and Maserati Car Values are Soaring

BOLD RIDE

 
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There’s an old saying in the financial world, “buy low, sell high.” If you can make it work, you’ll prosper, but putting that maxim to good use is not so easily done. 

Interestingly, the classic car world is much the same. Wishful owners cling to their prized classics in the hopes that one day they’ll be worth millions more than what they paid. Many times, it doesn’t pan out, but choose wisely and you’ll make off like a bandit.

According to data from Hagerty Insurance, the owners of these five Italian sports cars can now do just that. Get ready to kick your own behind. These are the five Italian sports cars you should have bought five years ago.


1983 Lamborghini Countach LP500S

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Average Value in May 2010: $83,500
Average Value in May 2015: $431,000
Percent Increase: 416%


What’s not to love about a big, shouty V12 Lamborghini? Apparently, not much. The Countach is arguably the most poster child-y of all the supercars to roam the earth, and its recent values
seem to agree. Tip-top examples are currently valued at $527,000.

1962 Ferrari 250 GTE 2+2 Coupe

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Average Value in May 2010: $85,000
Average Value in May 2015: $399,000
Percent Increase: 369%



The legendary Ferrari 250 GTOs have been the umpteen million dollar talk-of-the-town at auctions for years now. It’s good to see their four-seat siblings are fairing equally as well. The world’s best examples are valued at $520,000.

1971 Alfa Romeo 2000 GTAm


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Average Value in May 2010: $70,300
Average Value in May 2015: $278,000
Percent Change: 295%


Rarity, plus unforgettable looks, and performance equal high values, and the Alfa Romeo 2000 GTAm is proof. The racing coupe, based on the US-market Giulia 1750 GT Veloce, stripped away all unnecessary weight, packed a potent 2.0-liter engine, and only 40 were built. The best kept of those are now valued at upwards of $402,000.


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Average Value in May 2010: $65,400
Average Value in May 2015: $261,000
Percent Increase: 299%


Perhaps this list’s dark horse, the Maserati Ghibli grand tourer doesn’t get the pomp and circumstance afforded to Ferrari GT cars, though that doesn’t make it any less impressive. The SS model adopted an enlarged 4.9-liter V8 with 355 horsepower, and could hit 177 mph. Own a really, really good one? Congrats on your $339,000 investment.

1972 Ferrari Dino 246 GT

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Average Value in May 2010: $98,000
Average Value in May 2015: $280,000
Percent Increase: 186%


For all the Dino owners who were once told that their car wasn’t a true Ferrari…this comes as sweet, sweet revenge. The V6-engined Dino 246 GT is certifiably still gorgeous looking, and now a lot more expensive. Concours-level examples come valued at $350,000. Take that, Ferrari Mondial owners.


All sports car values expressed are reflective of vehicles fitting the “Vehicle Condition 3” category,
 which Hagerty Insurance gives to cars deemed in “good” condition and without visual flaws.


Photo Credits: pyntofmyld, Brian SnelsonAxion23Miloslav RejhaGreg GjerdingenNiels de Wit