Wednesday, April 17, 2013

Elton John’s Ferrari 512 TR Hits The Auction Block

Another one of Sir Elton John’s cars is now up for grabs, this time a pretty clean Ferrari 512 Testarossa. To be sold by COYS at their Spring Classics sale in London next week, this 512 has only 2,100 miles on the clock.

This car was part of Sir Elton’s large collection auctioned off by Christie’s in 2001. At the time this 512 with 1,812 miles on the clock was sold to its current owner for £98,000. It is now expected to fetch between £90,000- £110,000.

So not that good an investment. It is a bit too soon for the 512 TR to become a classic and its value go up. The car still looks fresh and modern. But rest assured, 10 years by now this model will among the most sought after classic Fezzas.

Elton’s TR is finished in the stunning Rosso Corsa with complementary beige interior, and comes with a complete service history. Most recently this year it has been serviced at Meridian Ferrari – where it has had its cambelts replaced.


Other important Ferraris at COYS auction:
The sale will also feature two Ferrari Dino’s, arguably one of the most beautiful Ferraris built to date. The first example is a 1969 Ferrari Dino 206 GT, one of only 152 models produced, which was once owned by Canadian film director David Cronenberg and is estimated at £180,000 to £210,000. The second model is a 1974 Ferrari Dino 246 GTS in the distinctive “French racing blue”, estimated at £170,000 to £180,000.
via:http://www.motorward.com


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