1962 Ferrari 250 GTE 2+2 Series II - £224,995

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Here we have a most exciting find at an unrepeatable price. This is a 1962 Ferrari 250 GTE 2+2 Series II, Left hand Drive, Finished in Dark Red with Cream Leather. It is a matching numbers example in a good useable condition. The paint is nice without being perfect and the interior is an older re-trim but presenting nicely. The car has just come out of a 28 year ownership having been bought from South Africa in the early nineties by its UK based custodian. It is a car that drives well but would benefit from a service and tune-up having not seen daily use for a while due to the previous owners health problems. It has a certain amount of history since 1990 but nothing before unfortunately.

Our car was supplied new to Torino Italy in 1962 and was provided in the colour Fiordo Norvegese Savid #20779 with Pelle Beige #VM3309 on the interior. Chassis 3399GT was owned by Swiss racing driver Willy-Peter Daetwyler who had won the FIA's inaugural European Mountain Championship in 1957 aboard a Works Maserati 200S and also campaigned a Ferrari 750 Monza with great success before migrating across The Pond.

Intended to extend Ferrari's appeal to a sector of the market already contested by rivals Aston Martin and Maserati, the 250GTE 2+2 arrived in the summer of 1960. Ferrari's first 'four-seater', the 250GTE 2+2 was directly descended from the most commercially successful Ferrari of its day, the 250GT. Launched in 1954, the latter featured a lighter and more-compact Colombo-designed 3.0-litre V12 in place of its Europa predecessor's bulkier Lampredi unit. The 250GT chassis followed Ferrari's established practice, being a multi-tubular frame tied together by oval main tubes, though the independent front suspension now employed coil springs instead of the transverse-leaf type. A four-speed, all-synchromesh gearbox transmitted power to the live rear axle while hydraulic drums all round looked after the braking. Disc brakes arrived late in 1959 and a four-speeds-plus-overdrive gearbox the following year, and both these features were incorporated into the 250GTE from the start of production in 1960.

Pininfarina's brief had been to produce a '2+2' without sacrificing the 250's elegant good looks or sporting demeanour and the master carrozzier succeeded brilliantly with the GTE. By moving the engine, gearbox and steering gear forward and the fuel tank back, sufficient room was created for two occasional rear seats within the 250GT's 2600mm wheelbase. The Tipo 128E/F outside-plug engine's 240bhp ensured that there was no reduction in performance despite the inevitable gain in weight. A popular and highly profitable car for Ferrari, the 250GTE remained in production until 1963. Today they represent incredible value compared to an Aston martin DB4, for example.

Our car has been priced to sell within days, not weeks, and doesn’t represent the condition of the car, simply the timescale the current owner wishes to sell within. It is a matching numbers Left hand Drive example and is about £100k under equivalent examples in the marketplace. Please be quick as we will not find another any time soon.