Factory-fresh Ferraris lead barely-driven auction

by Nik Berg
11 October 2023 2 min read
Factory-fresh Ferraris lead barely-driven auction
RM Sotheby's

RM Sotheby’s is selling 20 ultra-low mileage cars, 17 of which are Ferraris, at its upcoming London auction.

The rarest of the breed is undoubtedly a 1995 512 TR Spider (above), which is one of just three ‘Special Production’ vehicles built by Pininfarina for the Brunei Royal Family. The Blue Cobalto example was the only one produced in this color, came with matching blue leather interior and was kept by Alfred Tan who was Ferrari’s Singapore importer. The car was put on show in Rome for Ferrari’s 50th anniversary and it has done many more air miles than on the road. It currently shows just 570 km (354 miles) on the odometer and is estimated to sell for between £2.1 and £2.7 million.

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Fans of Ferrari’s redheads will also have the chance to pick up a 1992 512 TR built to UK specification that has covered only 3,904 miles in the last 30 years, and a 1990 Testarossa with less than 100 miles (162 km) on the clock. The former is estimated at £260,000-£320,000 and the latter £150,000-£200,000. Another 1992 TR which has done almost 55,000 km (34,161 miles) is valued at £225,000-£275,000.


A 1973 Dino 246 GTS is being offered in right-hand drive with 581 miles which has, nonetheless, been subject to a major restoration at a cost of £85,000. That’s predicted to sell for £350,000-£450,000 as it’s one of just 1,274 Spiders made.

You’ll also find a 2001 550 Barchetta for £280,00-£350,000 that still needs running in thanks to only being driven 220 km (138 miles), while a 2010 California has covered a paltry 79 km (49 miles) and can be yours for £100,000-£150,000.

The outliers in the mostly Maranello collection are a 1991 Bentley Turbo R Drophead Coupe by Pininfarina which was also commissioned and owned by Alfred Tan (741 km/460 miles and £375,000-£475,000), a 1993 Jaguar XJ220 that has 46 miles (£375,000-£425,000) and a 1969 Jaguar E-Type Roadster that appears to have only been driven 95 miles from the factory to a dealer in Sheffield, which could be yours for £150,000-£180,000.

This impressive time capsule collection is to go on sale at RM Sotheby’s in London on 4 November. We’d like to think that the new owners might actually take to the road in these immaculate machines, but, the reality is they’ll simply be swapping one climate-controlled storage facility for another while accountants calculate asset appreciation.

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