Explorers:
An old Ferrari described as a 'rustbucket' complete with missing seats and holes in the floor has sold for a massive £110,000.

The 1962 250 GTE model, which was originally bought by its owner in 1973 for £800 (£4,500 today) had been in storage in a leaking barn in west Wales for 40 years when it was rediscovered.

Inside, the two front seats are missing and its gearbox, the carpet had deteriorated and the radio and control column was hanging off, leaving wires exposed.

Due to the poor state of the barn it had been kept in, the outside blue body of the car was covered in a combination of rust and lichen.

The original owner had driven the car for 10 years before placing it in storage, where it sat ever since.

https://www.dailymail.co.uk/news/article-10997567/1962-Ferrari-250-GTE-missing-seats-holes-floor-rust-sells-110-000.html

Charx122:

They see what blacks people can't see.. � that's why they can create something out of nothing
Antiques..

Explorers:
But despite its poor condition, there was no shortage of interest.

Experts say the new owner could be looking at splashing £150,000 on restoring the 60-year-old car but when it is complete, it could be worth over £250,000.

BluntCrazeMan:
And someone would want to be driving this thing??
E no go get AC and automatic electronic controls naa

vastolord4:
Good business man.. he could resell for £400,000 cos it's a Ferrari and rich whites spend money like ritualists

cayorday89:
Things like this dey make me ask at times say who I offend before coming to this world or after I enter this world... The matter no just clear.

WisdomHunter:


Or overhauling

saintkeppy:
A whopping ₦55Million, Meanwhile my dad's old vintage Benz packed since time immemorial, nobody don come price am ₦1naira, Nigeria bad o! But who knows I might sell at good price.



Moral Lesson: no matter how old or long your situation is, something valuable is coming your way, can you say a thunderous amen to that?

BluntCrazeMan:
And someone would want to be driving this thing??
E no go get AC and automatic electronic controls naa

saintkeppy:
A whopping ₦55Million, Meanwhile my dad's old vintage Benz.

Moral Lesson: no matter how old or long your situation is, something valuable is coming your way, can you say a thunderous amen to that?

DispatcherLagos:

Let's assume you are white.... what do you see in that "condemned iron"?

Charx122:

Condemned can be used for so much if recycled, melted or reforblished. I don't have to be white.

DispatcherLagos:

Ok...and because you can melt or recycle a condemned iron, you will now buy it at a ridiculously high amount? How much is the cost of a condemned cargo ship to start with? There's no rationale behind this from the business, commerce and economic point of view.

Charx122:


All that can be arranged scrap metal is big business in Nigeria ..
A cargo ship is going too far! how about old cars love-vendor my ride..