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1962 Ferrari 250 GTE Coupe / 3177 Vehicle Information

1962 Ferrari 250 GTE photograph

1962 Ferrari 250 GTE photograph

1962 Ferrari 250 GTE1962 Ferrari 250 GTE
Sold for $170,000 at 2013 Bonhams - The Scottsdale Auction.
The Ferrari 250GTE was a new type of vehicle for Ferrari and one they hoped would appeal to a wider audience and could rival a sector of the market dominated by marques such as Maserati and Aston Martin. The 250GTE 2+2 made its appearance in prototype form at the 1960 Le Mans 24-Hour Race, where it served as the Race Director's car. Its official world premiere followed later that year at the Paris Salon.

This was Ferrari's first series-production four-seater. It was given an independent front suspension, a live rear axle, disc brakes at all corners, and a four-speed manual/overdrive gearbox. The engine was a compact, Colombo-designed Tipo 128E outside-plug V-12 offering 240 horsepower. Top speed was impressive; in the neighborhood of 140 mph.

In true Maranello fashion, the Pininfarina designed 250GTE was an elegant and sporty Grand Tourer. Over the years, it would progress through three series, with changes being confined mainly to the front and rear lighting arrangements. Production continued until 1963, during which time 950 examples were produced. It was the most popular and commercially successful Ferrari to date.

This example was delivered new to Peter Monteverdi, the Swiss importer for Ferrari and later the famed car builder. It left the factory finished in Nero Daytona over black leather. The car later found its way to America where it was purchased by Cal Gleason of Lathrop Village, Michigan. By 1977 it was again offered for sale finding its way to Canada where it passed through a few different owners in Ottawa and Toronto. By 1994, the car had returned to the United States and into the care of Mike O'Brien of Los Alamitos, California. It was shown at the Gathering of GTEs at Concorso Italiano in August of 1994. By 1998, the Ferrari was back in the Midwest in the collection of Dearborn, Michigan enthusiast Michael Zakarian. It made an appearance at the FCA National Concours in May of 1999 in Atlanta, Georgia. It remained with Mr. Zakarian until 2002 when it head back to the West Coast with Jason Portman of San Jose. it was then shown at the 2002 Concorso Italian. In 2006, it joined the Oldenburg Family Collection.

This Series II Coupe is fitted with Marchal headlights and driving lights inset in the grille. In the back, the single lens taillights from the Series III cars are fitted. At some point in its life, the car was given a repaint and the interior was re-trimmed. The transmission and brakes have been rebuilt and the engine has been tuned and detailed.

In 2013, the car was offered for sale at Bonhams Auction in Scottsdale, Arizona. As bidding came to a close, the car had been sold for the sum of $170,000 including buyer's premium.


By Daniel Vaughan | Feb 2013



2013 Bonhams - The Scottsdale Auction

Sale Price :
USD $170,000

1962 Ferrari 250 GTE Auction Sales

Recent Sales

(Data based on Model Year 1962 sales)
1962 Ferrari 250 GTE 2+2 Series II 'Hot Rod'
Chassis#: 3723 GT
Sold for USD$682,000
  2021 RM Sothebys : Open Roads February
 
1962 Ferrari 250 GTE 2+2 Series II by Pininfarina
Chassis#: 3723 GT
Sold for USD$383,780
  2019 RM Sothebys : Villa Erba
 
1962 Ferrari 250 GTE 2+2 Series III by Pininfarina
Chassis#: 4189 GT
Sold for USD$634,817
  2018 RM Sothebys : Paris
 
1962 Ferrari 250 GTE Series II
Chassis#: 3929 GT
Sold for USD$341,000
  2018 Gooding & Company : Scottsdale, Az.
 
1962 Ferrari 250 GTE 2+2 Series II by Pininfarina
Chassis#: 3985
Sold for USD$553,639
  2017 RM Sothebys : Ferrari - Leggenda e Passione
 
1962 Ferrari 250 GTE 2+2 Body & Chassis
Sold for USD$65,912
  2016 RM Sothebys : Duemila Ruote
 
1962 Ferrari 250 GTE 2+2
Sold for USD$83,888
  2016 RM Sothebys : Duemila Ruote
 
1962 Ferrari 250 GTE Series II 2+2 Coupe
Chassis#: BC58D
Sold for USD$504,281
  2015 Silverstone Auction - Salon Prive Sale
 
1962 FERRARI 250 GTE 2+2 SERIES II
Chassis#: 4001GT
Sold for USD$368,500
  2015 Bonhams Quail Lodge Auction
1962 Ferrari 250 GTE image  1962 Ferrari 250 GTE image  
1962 Ferrari 250 GTE 2+2 Series II by Pininfarina
Chassis#: 3777 GT
Sold for USD$423,823
  2014 RM Auctions : Monaco
 
1962 Ferrari 250 GTE 2+2 Coupé by Pininfarina
Chassis#: 3827GT
Sold for USD$304,159
  2013 RM Auctions - VILLA ERBA
 
1962 Ferrari 250GTE Coupe
Chassis#: 3177
Sold for USD$170,000
  2013 Bonhams - The Scottsdale Auction
1962 Ferrari 250 GTE image  1962 Ferrari 250 GTE image  
1962 Ferrari 250GTE 2+2 Series 2 Coupe
Chassis#: 3203
Sold for USD$131,490
  2012 Bonhams - The Beaulieu Sale Collectors' Motor Cars
 
1962 Ferrari 250 GTE série III coupé Pininfarina
Sold for USD$217,998
  2012 Artcurial Motorcars at Rétromobile
 
1962 Ferrari 250 GTE
Chassis#: 3003 GT
Sold for USD$121,000
  2011 RM Auctions - Automobiles of Amelia Island
1962 Ferrari 250 GTE image  
1962 FERRARI 250 GTE 2+2 COUPE
Sold for USD$261,696
  2011 Rétromobile
 
1962 Ferrari 250 GTE 2+2 Coupe
Sold for USD$121,000
  2009 Sports & Classics of Monterey
 
1962 Ferrari 250 GTE
Chassis#: 3003
Sold for USD$150,800
  2008 The Palace Hotel, Gstaad, Switzerland
 
1962 Ferrari 250GTE 2+2 Coupe
Chassis#: 3395 GT
Sold for USD$136,853
  2008 Bonhams - Paris Expo, Porte de Versailles Automobiles d'Exception
 
1962 Ferrari 250 GTE
Chassis#: 3381 GT
Sold for USD$249,696
  2007 RM Auctions - Automobiles of London
 

Vehicles That Failed To Sell

1962 Ferrari 250 GTE's that have appeared at auction but did not sell.
VehicleChassisEventHigh BidEst. LowEst. High
1962 Ferrari 250 GTE Series II 2021 Mecum : Indy 2021$250,000$375,000$425,000
1962 Ferrari 250 GTE Series II3739 GT2020 Gooding & Company : Geared Online $375,000$425,000
1962 Ferrari 250 GTE 2+2 Series II by Pininfarina35472020 RM Sothebys : Scottsdale Arizona $400,000$500,000
1962 Ferrari 250 GTE 2+2 Series II33992018 H &H Auctions Classics & Motor Sport Hall of Fame $175,000$225,000
1962 Ferrari 250 GTE 2+2 Series II33992018 H &H Auctions Classics & Motor Sport Hall of Fame $175,000$225,000
1962 Ferrari 250 GTE Serie 232712017 Artcurial : Retromobile $350,000$450,000
1962 FERRARI 250 GT/E 2+235472015 Keno Brothers : NY Auto$445,000$495,000$600,000
1962 Ferrari 250 GTE Series II 2+2 Coupé3429 GT2014 Bonhams : Goodwood Revival   

Comparables

Similar sales to the $271,759 range.
1973 Maserati Ghibli 4.9 SS Coupe
Chassis#:AM115/49*2428*
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2021 Gooding & Company : Pebble Beach Concours Auction
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Chassis#:ZFF74UFA7H0223174
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1969 DODGE CHARGER DAYTONA
Chassis#:XX29L9B400565
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1962 Ferrari 250 GTE vehicle thumbnail image  1962 Ferrari 250 GTE vehicle thumbnail image  
1991 Lamborghini Diablo
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1962 Ferrari 250 GTE vehicle thumbnail image  1962 Ferrari 250 GTE vehicle thumbnail image  
2016 DODGE VIPER ACR
Chassis#:1C3BDECZXGV100046
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2021 Barrett-Jackson : Scottsdale
1967 CHEVROLET CORVETTE CUSTOM COUPE
Chassis#:194377S118270
Sold for $269,500
2021 Barrett-Jackson : Scottsdale
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2021 Mecum : Kissimmee
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1962 Ferrari 250 GTE vehicle thumbnail image  1962 Ferrari 250 GTE vehicle thumbnail image  
1963 Lancia Flaminia Sport 2.8-Litres 3C 'Double Bubble' Coupé
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1962 Ferrari 250 GTE vehicle thumbnail image  1962 Ferrari 250 GTE vehicle thumbnail image  
1961 CHEVROLET CORVETTE CUSTOM CONVERTIBLE
Chassis#:10867S102814
Sold for $269,500
2020 Barrett-Jackson : Scottsdale, AZ
1966 Jaguar E-Type Series 1 4.2-Litre Roadster
Chassis#:1E 13321
Sold for $271,600
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1953 Chevrolet Corvette Roadster
Sold for $269,500
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2005 FORD GT
Chassis#:1FAFP90SX5Y400044
Sold for $270,000
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1972 Ferrari 365 GTC/4 Coupe
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1972 Ferrari Dino 246GT Restoration
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1995 Porsche 911 Carrera RS Clubsport
Chassis#:WP0ZZZ99ZSS390129
Sold for $271,678
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Ferrari 250 GTE Vehicle Profiles
Notchback
Ferrari 250 GTE Notchback

Chassis Num: 2169 GT
Engine Num: 2169 GT
Model Year: 1960
Profile
Notchback
Ferrari 250 GTE Notchback

Chassis Num: 2367GT
Model Year: 1960
Coupe
Ferrari 250 GTE Coupe

Model Year: 1961

Coupe
Ferrari 250 GTE Coupe

Model Year: 1961
Coupe
Ferrari 250 GTE Coupe

Chassis Num: 2171GT
Model Year: 1961
NART Spider Speciale
Ferrari 250 GTE NART Spider Speciale

Coachbuilder: Fantuzzi
Chassis Num: 2235 GT
Engine Num: 2235 GT
Model Year: 1961
Profile and Auction History

Coupe
Ferrari 250 GTE Coupe

Chassis Num: 2369 GT
Engine Num: 2369 GT
Model Year: 1961
Profile and Auction History
Coupe
Ferrari 250 GTE Coupe

Chassis Num: 2459GT
Model Year: 1961
Coupe
Ferrari 250 GTE Coupe

Chassis Num: 2531GT
Model Year: 1961

Coupe
Ferrari 250 GTE Coupe

Chassis Num: 2663GT
Model Year: 1961
Coupe
Ferrari 250 GTE Coupe

Chassis Num: 2713 GT
Model Year: 1961
Profile and Auction History
Coupe
Ferrari 250 GTE Coupe

Chassis Num: 2919 GT
Engine Num: 128 F
Model Year: 1961
Profile and Auction History

Coupe
Ferrari 250 GTE Coupe

Coachbuilder: Pininfarina
Model Year: 1962
Coupe
Ferrari 250 GTE Coupe

Coachbuilder: Pininfarina
Model Year: 1962
Coupe
Ferrari 250 GTE Coupe

Coachbuilder: Pininfarina
Model Year: 1962
Profile

Coupe
Ferrari 250 GTE Coupe

Coachbuilder: Pininfarina
Model Year: 1962
Coupe
Ferrari 250 GTE Coupe

Coachbuilder: Pininfarina
Chassis Num: 2899 GT
Model Year: 1962
Coupe
Ferrari 250 GTE Coupe

Coachbuilder: Pininfarina
Chassis Num: 3003 GT
Model Year: 1962
Profile and Auction History

Coupe
Ferrari 250 GTE Coupe

Coachbuilder: Pininfarina
Chassis Num: 3177
Engine Num: 3177
Model Year: 1962
Profile and Auction History
Coupe
Ferrari 250 GTE Coupe

Coachbuilder: Pininfarina
Chassis Num: 3339GT
Model Year: 1962
Coupe
Ferrari 250 GTE Coupe

Coachbuilder: Pininfarina
Chassis Num: 3481GT
Model Year: 1962
Profile

Coupe
Ferrari 250 GTE Coupe

Coachbuilder: Pininfarina
Chassis Num: 3509 GT
Model Year: 1962
Coupe
Ferrari 250 GTE Coupe

Coachbuilder: Pininfarina
Chassis Num: 3553GT
Model Year: 1962
Profile
Coupe
Ferrari 250 GTE Coupe

Coachbuilder: Pininfarina
Chassis Num: 3595 GT
Model Year: 1962

Coupe
Ferrari 250 GTE Coupe

Coachbuilder: Pininfarina
Chassis Num: 3999 GT
Model Year: 1962
Profile
Coupe
Ferrari 250 GTE Coupe

Coachbuilder: Pininfarina
Chassis Num: 4001GT
Engine Num: 4001GT
Model Year: 1962
Profile and Auction History
Coupe
Ferrari 250 GTE Coupe

Coachbuilder: Pininfarina
Chassis Num: 4049
Model Year: 1962

Coupe
Ferrari 250 GTE Coupe

Coachbuilder: Pininfarina
Chassis Num: 4089 GT
Engine Num: 732/62
Model Year: 1962
Coupe
Ferrari 250 GTE Coupe

Coachbuilder: Pininfarina
Chassis Num: 4245GT
Model Year: 1962
Coupe
Ferrari 250 GTE Coupe

Coachbuilder: Pininfarina
Model Year: 1963

Coupe
Ferrari 250 GTE Coupe

Coachbuilder: Pininfarina
Model Year: 1963
Coupe
Ferrari 250 GTE Coupe

Coachbuilder: Pininfarina
Model Year: 1963
Coupe
Ferrari 250 GTE Coupe

Coachbuilder: Pininfarina
Chassis Num: 250GTE4217
Model Year: 1963
Profile and Auction History

Coupe
Ferrari 250 GTE Coupe

Coachbuilder: Pininfarina
Chassis Num: 4151GT
Model Year: 1963
Coupe
Ferrari 250 GTE Coupe

Coachbuilder: Pininfarina
Chassis Num: 4247 GT
Model Year: 1963
Coupe
Ferrari 250 GTE Coupe

Coachbuilder: Pininfarina
Chassis Num: 4303 GT
Engine Num: 4303
Model Year: 1963
Profile and Auction History

Coupe
Ferrari 250 GTE Coupe

Coachbuilder: Pininfarina
Chassis Num: 4783 GT
Model Year: 1963
Coupe
Ferrari 250 GTE Coupe

Coachbuilder: Pininfarina
Chassis Num: 4843
Engine Num: 4843
Model Year: 1963
Profile and Auction History


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