CarBuyersNoteBook

1962 Ferrai 250GT Pininfarina Cabriolet Series II

Not all classic Ferraris are atrociously expensive, although it is a fairly good indication that the cars are certain to significantly increase in value once the recession subsides. At the Hamptons Auto Classic on June 13 in Bridgehampton , NY, some of the big wigs who’ve sold their fancy residences there are evidently selling off their classic car collections too.

One of the stars of the show is this 1962 Ferrari 250 GT Pininfarina Cabriolet Series II, estimated at just $525,000 – $575,000 while 250 GT spyders regularly bring seven figures. One of only 200 built, the car has had full restoration to very high show standards.