Nicholas Cage Was Right: Buying This Ferrari Makes You A Connoisseur

Making the decision not to be a complacent wiener has paid off for this classic Ferrari salesman.

The elegant long-nosed V12 coupe in a rare and charming black-on-black specification was the 28th of 330 examples ever built.

To many the 275 is just another classic Ferrari, but to movie buffs the car represents the difference between being a self-indulgent ‘weiner’ and a connoisseur.

As it turned out, the seller had owned the car for the last 20 years, which puts it exactly in line with an interesting pop culture reference.

In the 2000 movie, gone in sixty seconds, Nicholas Cage’s character poses as ‘Roger’ looking to buy a Ferrari. He is looking, not for a new 360 Modena, but for the classic ’67 275, nicknamed ‘Nadine’.

In the scene, Roger is next to a black ferrari 550 maranello and notes that the V12 grand tourer was so commonplace that a number met at the local coffee shop, and to stand out in the Los Angeles ‘scene’, it would need something more special.

Many would say that the new 550 was a much better car, but the recent auction result shows that Roger did know what he was talking about.

For some context, gone in sixty seconds was released in 2000, when a new ferrari 550 maranello it would have cost him $213,300. While that’s the current equivalent of A$306k, a 550 is $486,900 when new in Australia.

At the time, a Ferrari 275 GTB sold at the Pebble Beach RM Sotheby’s auction for $204,995, which with the buyer’s premium puts it at a price fairly in line with the more modern V12 550.

If, as a buyer and not as a thief, Roger had opted for the Maranello, he would be thinking of being able to sell it for, or a little more than, what he paid.

However, the 1967 four-chamber Ferrari 275 GTB has seen a significant increase over the years, and in 2013 it saw a 104 percent increase, from a median of US$1.84 million to US$3.75 million. million US dollars for cars sold at auction.

Even if Roger had let the car break down in a field, it would still be worth more than double the amount of a Maranello in mint condition. Give the 550 another decade or so, though, and we may have a different conversation. =

While the most recent price paid for the classic Ferrari 275 is good, it’s not a whiff of the model’s record, a staggering $10.2 million (A$14.7 million) paid for a stunning example of Chianti Red. in 2014.

While the selling owner, Australian F1 racer Vern Schuppan, was interesting enough, the car’s value was entirely tied to its original owner, Hollywood legend Steve McQueen.

Even Roger himself, Nicholas Cage, has been known to raise the resale price of rare Ferraris. a rare 2007 Ferrari 599GTB with a manual transmission, bought new by the actor, sold in 2015 for $599,000 (properly), almost double what you would have paid for a car owned by a regular Roger.

Once again, proof that there is no better value booster than celebrity property.

james room

James has been part of the digital publishing landscape in Australia since 2002 and has worked in the automotive industry since 2007. He joined CarAdvice in 2013, left in 2017 to work with BMW, then returned at the end of 2019 to head up content management. of driving.

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