1997 Ferrari 456 GT

Bonhams Les Grandes Marques du Monde 2021
Wednesday, 3 March - Wednesday, 10 March 2021
€63,250 ($75,268)
Sale Price
€55,000 - €75,000
Est. Range
12 March 2021
Sold Date
Lot Number
Unrestored original
Auction House
Chassis no. ZFFWP44B000105771. Blu Swaters over Beige leather. 5,474/436hp, 6-speed, Assembly No. 22945.

Evaluation: The last entry in the service book is August 9, 2001 at 9,684 km although there is claimed to be a later belt service at 48K km with the current odometer represented as 50,202 km. No invoice for that service is shown. Typically for this auction, it is sparsely documented in photos or in writing, the driver’s seat appears to be lightly worn. There are no underbody shots and only three shots of an orderly but used engine compartment. Call it a decent driver with a questionable service history.

Bottom Line: All-in-all the seller should be supremely happy getting this much for a 456 GT with frail documentation and sparse photography to record its condition. Even taking the scanty details into account, though, this price is low enough to hedge all but draconian hidden faults. In a telling contrast, this 456 GT’s price is one of the median transactions in this sale. The same money also bought the (expensive) Morris Mini Cooper S (Lot 111) a dramatically different car that highlights the continuing depreciation of Ferraris like the 456 GT.

by Rick Carey
22 March 2021
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Condition definitions
Condition #1: Concours
Condition #1 vehicles are the best in the world. The visual image is of the best vehicle, in the right colors, driving onto the lawn at the finest concours. Perfectly clean, the vehicle has been groomed down to the tire treads. Painted and chromed surfaces are mirror-like. Dust and dirt are banned, and materials used are correct and superbly fitted. The one word description for #1 vehicles is “concours.“
Condition #2: Excellent
#2 vehicles could win a local or regional show. They can be former #1 vehicles that have been driven or have aged. Seasoned observers will have to look closely for flaws, but will be able to find some not seen by the general public. The paint, chrome, glass and finishes will all appear as excellent. No excessive smoke will be seen on startup, no unusual noises will emanate from the engine. The vehicle will drive as a new vehicle of its era would. The one word description for #2 vehicles is “excellent.“
Condition #3: Good
#3 vehicles could possess some, but not all of the issues of a #4 vehicle, but they will be balanced by other factors such as a fresh paint job or a new, correct interior where applicable. #3 vehicles drive and run well, but might have some incorrect parts. These vehicles are not used for daily transportation but are ready for a long tour without excuses, and the casual passerby will not find any visual flaws. “Good” is the one word description of a #3 vehicle.
Condition #4: Fair
#4 vehicles are daily drivers, with flaws visible to the naked eye. The chrome might have pitting or scratches, the windshield might be chipped. Paintwork is imperfect, and perhaps the body has a minor dent. Split seams or a cracked dash, where applicable, might be present. No major parts are missing, but the wheels could differ from the originals, or other non- stock additions might be present. A #4 vehicle can also be a deteriorated restoration. “Fair” is the one word that describes a #4 vehicle.
Condition #5: Poor
Running, but battered, incomplete, and perhaps rusty.
Condition #6: Parts car
Parts car.
Hagerty only assigns condition ratings to vehicles we can inspect in person or, for online listings, via high-quality photography.