Five reasons why you need this Ferrari
Multi-million pound Ferrari 250 LM is being offered up for auction, and it’s a bona-fide classic
Posted: 19 Jun 2014
There is a somewhat ironic abundance of rare classic machinery being sold purely for investment purposes at the moment. Especially Ferraris. Enzo didn't build them to be locked away, but to go racing, to be driven by the kind of sympathetic helmsman who feels the need to wear leather driving gloves.
But the notion of a classic car as an investment tool - something to be bought and locked away in a garage only to be sold at an astronomically higher price down the line - has become the norm of late, barring the odd exception.
We'll come back to that, but for now, let us at least indulge in one of these ‘investment-quality' automobiles, an incredibly desirable and really rather excellent 1964 Ferrari 250 LM. Like the one in the picture above. In fact, so much like the one in the picture above, it is the one in the picture above.
It's being offered up at RM Auction's Monterey sale, held between 15-16 August, and it's got our Spidey senses tingling; we suspect this car will go for absolute mega-bucks.
So, here are five iron-clad reasons why you really should somehow find many millions of pounds.