2016 Ferrari LaFerrari

Coupe
RM Sotheby's London 2021
Saturday, 6 November
£2,142,500 ($2,890,466)
Sale Price
£2,200,000 - £2,500,000
Est. Range
Yes
Reserve
6 November 2021
Sold Date
138
Lot Number
#2
Unrestored Original
RM Sotheby's
Auction House
LHD. 6262/949hp V-12 hybrid, 7-speed dual-clutch automatic, forged alloy wheels painted in grigio, automatic suspension lifter, nero-finished brake calipers, Ferrari track telemetry, track inner camera kit, embossed Prancing Horse logos on the headrests, integrated audio system, F150 plaque on the steering wheel, Topaz self-healing paint protection film on the entire exterior, color-matched luggage.

Evaluation: Sold new in Switzerland with special order paint and represented as the only LaFerrari in this color combination. Only 918 miles and two owners from new. The paint finish remains perfect with no swirls. The wheels, tires, and brakes look like new. Even the shiny carbon fiber surfaces in the footwell are unmarked. However, a three-digit odometer reading and mint condition are the rule, not the exception for LaFerraris, and what really sets this one apart is its lovely and unique color combination.

Bottom Line: Prior to its time on the stage, there was speculation in parts of the automotive press that this LaFerrari would be a record-breaker. We weren’t so sure, because while record prices for collector cars have become a regular occurrence in 2021, and even though this was the first LaFerrari offered at a U.K. public auction since 2018, values for these hybrid hypercars have dipped since they first hit the collector market a few years ago. They’re no longer considered the most cutting-edge hybrid Ferrari, and there are some questions out there about the difficulty in maintaining the car’s tricky hybrid battery system.

Several examples have sold for more money than this on both sides of the Atlantic, and this one doesn’t even crack the top five. That doesn’t make it a bad result, just a realistically estimated and realistically bought Ferrari.

by Andrew Newton
13 November 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.
N/A
Hagerty only assigns condition ratings to vehicles we can inspect in person or, for online listings, via high-quality photography.