1976 Ferrari 365 GT4 2+2

£52,000
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THIS CAR.

The details of this Ferrari 365 GT4 2+2

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Silverstone Auctions - The Silverstone Classic Sale 2016

AUCTION

30th Jul 2016

AUCTION DATE

1976 Ferrari 365 GT4 2+2

LOT DESCRIPTION

£52,000

PRICE GBP
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$68,469

PRICE USD
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18815

CHASSIS NUMBER

€ 61,611

PRICE EUR
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N/S

ODOMETER
1976 Ferrari 365 GT4 2+2

At the Paris Auto Salon in 1972, Ferrari unveiled an all new car to the world. It was a fast, svelte and elegant 2+2 powered by the legendary VI2 engine, and was the most expensive series produced by Ferrari for 17 years. The initial model was the 365 GT4 2+2, which was later followed by the 400 and 412 series, and with manufacture ceasing in 1989, these four seaters enjoyed the longest production run of any Ferrari model. The 365 GT4 2+2 is easily distinguished from its successors by its six rear tail lights, knock-off alloy wheels and lack of a front spoiler and was produced between 1972 and 1976, with production totalling 521 cars, with just 133 in right-hand drive.
The bodies were built and fully trimmed at the Pininfarina works in Turin, and then shipped to the Ferrari factory in Maranello for the installation of the mechanical components. Under the bonnet, Ferrari squeezed in a 4.4-litre V12 unit producing 340bhp at 7000rpm resulting in the world's most potent full four-seater at the time. Despite its 1,450 kilos, the car galloped from 0 to 60 mph in just 6.4 seconds and was capable of a top speed of 155 mph.
Having previously sold this right-hand drive, 365 GT4 to a discerning multiple-marque collector in February 2014, we were informed by the Ferrari's vendor at that time, that its service history is peppered with evidence that significant sums of money have been spent in the past looking after the health of this distinctive car. £19,000 on one occasion, £16,000 on another, and further amounts of £5,000 from time to time, all detailed in its most comprehensive service history which indicates expenditure of an incredible £137,069.20. The bulk of the work was conducted by a classic car specialist who rebuilt the engine and restored the bodywork over three years from 1993 to 1996 and it subsequently came third in its class at the 1996 Ferrari Owners Club Concours with details in the file.
The 365's engine bay is filled to bursting point with that colossal 4.4-litre, V12 engine, complete with its stainless steel exhaust system which is notoriously expensive to replace and merely highlights the fact that no expense has been spared on the upkeep of this car over the years. Under the current owner's stewardship, additional work has recently been carried out on the exhaust with new manifolds and gaskets, sundry service items, attention to the brakes and an annual service, at an odometer reading of 4,555 miles(we presume the car has gone 'round the clock'). Works totalling £2,735.00 were carried out in December 2015, at main dealer Lancaster Ferrari of Colchester, and at the time of writing (6th July 2016) the car is back under their care, receiving attention to the brakes which will be completed by the time of the auction. It is the intention to apply for a new MoT certificate prior to the auction.
The guide price represents around a third of the car's restoration costs, making this is a fantastic alternative to a similarly priced, but considerably more common Aston or Maserati, and is a tempting proposition given the past expenditure. Early four-seat Ferraris have recently returned to favour, and the 365 has a certain amount of cachet given its siblings are the famed Daytona and Berlinetta Boxer, which is some family tree.

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