Everything is relative, and that includes money. $25million is peanuts to some people. How much of their income does the average family spend on a car?? average car is probably about half a years average persons salary in this country. So if you were someone like Elton John for example $25m is a drop in the ocean of your $500m fortune.
Now much as I think it's a beautiful car, I really can't see me spending $25million on it unless I had enough money to do all the other things I would prefer to do first. Definitely if I "only" had $25million I do in fact know of some Islands in Brazil I would rather buy for considerably less.
If I could afford it, I'd have it! But I think I'd have bought a GT40 and a T70 first Then I can go for a nice blast with my family. Griffith, Stratos, GT40, T70, G4R, Fulvia Fanalone. Mmmmm, lovely.
Why people think he has spent 25 millions buying it? It may be the current value of the car, but doesn't mean the owner bought it for that money. Value of luxury products and antiques goes up and down like the economy and I guess the value of that is only going up in the future. In a way it's a great investment, especially if he bought it for pennies. Besides, whatever he paid for it, is only money. If I had to kill for a car like that, I'd say it wasn't worth it, but if it's just money and you got loads of it why not? Sure there is faster and less expensive cars made with high tech materials and science, but that car is just pure sex on wheels.
Really nice it's used for what it was meant to do. Got to say the owner got balls, I'd probably keep it locked away as I'd be too afraid scratching it.
I love people who say this a waste of money.
Even if you don't drive it everyday, it's still a helluva beautiful car, and there lies tons of history in it.
And if you get to drive it from time to time it's exciting as hell.
So it's no way a waste of money.
There are a few factories that still keep a stockpile of old parts. Like Bugatti is keeping parts for the Veyron, for down the road, and it's either Bentley or Rolls Royce keeps tons of old parts.
New old stock is definitely an option, but you can't honestly expect to find each and every possible replacement part for 50 years after the factories shut down, can you?
One of my ex-FILs used to be a motorbike collector, once in a while it simply happened that no fitting and/or adequate replacement could be found, in that case the only option is to have it built from scratch.
Depends on the type of classic car, you could probrably build a classic Mini for scratch using brand new parts, obviously a Mini is a bit differant to a Ferrari 250GTO!
Building a completely faithful recreation of a 250 GTO would set you back maybe £500,000 using as many original parts as possible and producing everything else, only a fraction of the value of a real one. Whilst the bills may be high they're actually going to be much smaller relative to the value of the car than any of the cars people on the forum drive or race.
I took this pic at the Monterey Historics a few years ago, there were 20 of the 36 original GTOs in this race, proof that many of them do in fact get used
Back on topic : Old school curvy cars are very appealing to me, but I have a weird affection for bricks. Imagine how many Datsun p510's I could restore with the money made from selling one of those beasts.