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Ferrari 250 GTO sells for £20.2 Million

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Old Feb 7, 2012 | 11:00 PM
  #11  
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I'd rather have 20 Veyrons
 
Old Feb 7, 2012 | 11:37 PM
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Originally Posted by .:Raul
oh boy how expensive will these cars get?
The Chinese ( and Russians to some extent ) haven't gotten into classic cars yet either.....
 
Old Feb 8, 2012 | 12:05 AM
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Originally Posted by vtgts300kw
The Chinese ( and Russians to some extent ) haven't gotten into classic cars yet either.....
With the Chinese it'll double the price and then some.

The import duty tax is 110%.

That 25 million dollar 250 GTO just turned into a 52.5 million dollar 250 GTO.
 
Old Feb 8, 2012 | 01:01 AM
  #14  
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Originally Posted by X2daC
With the Chinese it'll double the price and then some.

The import duty tax is 110%.

That 25 million dollar 250 GTO just turned into a 52.5 million dollar 250 GTO.
For what it's worth, 20 mil pounds is roughly 32 mil dollars
 
Old Feb 8, 2012 | 01:20 AM
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Originally Posted by DJ
£6,000 price tag when it was manufactured in 1963, £20.2million in 2012, now that's a return!
About 18% annual return. Not too shabby at all!
 
Old Feb 8, 2012 | 09:05 AM
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Geez, he bought it for £15.7mil and sold it for over £20mil, i'd say that's quite a profit. Very lucky buyer, whoever it was.
 
Old Feb 8, 2012 | 11:02 AM
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One heck of a good buy if you ask me; i'd NEVER sell it if i had one.
 
Old Feb 8, 2012 | 11:46 AM
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I would NEVER buy. haha
 
Old Feb 8, 2012 | 11:56 AM
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not surprised. a grail car for many.

while i adore the GTO a pozzi F40 would be mine
 
Old Feb 8, 2012 | 12:36 PM
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Originally Posted by cstroked
For what it's worth, 20 mil pounds is roughly 32 mil dollars
I didn't know the going rate of pound into dollar. So I used a figure easy enough for people to see the point.
 



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