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Abandoned Ferrari 250 GT Cabriolet goes on sale for staggering sum

Brace yourself – the vintage motor is up for sale for an eye-watering amount.

Published on Dec 12, 2022 at 11:27AM (UTC+4)

Last updated on Dec 12, 2022 at 11:27AM (UTC+4)

Edited by Kate Bain
Ferrari 250 GT Cabriolet

The 250 GT Cabriolet is regarded by many as the quintessential gentleman’s open-top Ferrari.

An exquisite machine for exquisite customers with exquisite taste, only 200 of these beauties were ever made.

That’s probably why this abandoned 1962 Ferrari 250 GT Cabriolet Series II – thought to be the last of its kind – is up for sale for an eye-watering sum.

READ MORE: The new Ford GT costs the same as seven Lambos

To be fair, $1,275,000 for what is thought to be the last unrestored example in existence isn’t a bad deal.

Especially considering every single body panel is matching and original, with their correct number stampings intact.

Chassis 3051 was originally born in extremely desirable ‘Blu Scuro’ with ‘Rosso’ leather interior.

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It may now be silver, but sections of the Blu Scuro paint can be seen in certain areas of the car.

What’s more, it even retains its original red leather interior, which proudly displays an abundance of patina.

The Ferrari 250 GT Cabriolet has a factory completion date of 25th November 1961 and is the 152nd of a total of 200 units built.

First registered in Milan to Raffaele Redaelli, born October 12 1895, the car initially resided in Verano Brianza, Province of Monza and Brianza.

He was the owner until 1970 when it was sold to the second owner, Peter Kober.

A year later, the Ferrari was exported from Europe to New York, NY where it’s lived ever since.

Abandoned in a garage

Just out of long-term ownership, the Ferrari 250 GT Cabriolet is screaming out for a full restoration to bring it back to its former glory.

Its advert reads: “The motor will start and run but will need recommissioning in order to be driven as the car has been off the road for many years.”

“Offered with its partial tool kit, a set of four new Borrani wheels and an extra set of re-chromed bumpers,” it says.

“Accompanied by copies of its Italian Registration Documents and Marcel Massini Report.”

With ample trunk space, a luxurious interior, and a long-legged V12 mated to an overdrive transmission, you’ll be hard-pushed to find a more comfortable and stylish convertible.

That’ll be why New York antique and classic car dealer, Gullwing Motor Cars lists the $1.275 million sale price as ‘firm’.

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