The Ferrari 250 GT/L Lusso, produced between 1962 and 1964, epitomizes the golden age of Italian automotive design. With only about 351 units crafted, this iconic grand tourer features a harmonious blend of performance and luxury, showcasing Pininfarina's renowned styling and Scaglietti's meticulous coachwork. Each Lusso is equipped with a Tipo 168/E 3.0L Colombo V12 engine, delivering an exhilarating 240hp. As the last model in the illustrious 250 GT series, it precedes the 275 GTB and holds a revered status among collectors.
At auction, these concours-grade blue-chip vehicles consistently fetch values between $2-3 million, highlighting their significance and desirability in the classic car market. Matching-numbers certification from Ferrari Classiche is imperative, ensuring each car's authenticity and increasing its value. Potential donors are encouraged to consider the impact of their generosity on preserving this iconic model while adhering to the stringent requirements for appraisal and documentation expected at this prestigious auction tier.
📖Generation guide
Ferrari 250 GT/L Lusso • 1962-1964
The Ferrari 250 GT/L Lusso represents a short production run of approximately 351 units. It features a 2400mm short-wheelbase chassis derived from the racing program and includes Pininfarina styling with Scaglietti construction.
Known issues by generation
The Ferrari 250 GT/L Lusso can encounter specific issues related to its unique build and specifications. Notably, the 3.0L Tipo 168/E V12 engine requires meticulous maintenance and may necessitate a concours-grade rebuild, often costing between $80,000 to $150,000 at authorized Ferrari facilities. The Pininfarina-Scaglietti coachwork, comprised of both steel and aluminum, demands attention to detail during restoration, with body-off restorations costing upwards of $200,000. Ensuring the authenticity of original Borrani wire-wheels, Connolly leather interior, and period-correct components is essential for maintaining concours standards.
Donation value by condition + generation
Values for the Ferrari 250 GT/L Lusso vary significantly based on condition and provenance. Concours-grade examples with matching-numbers and Ferrari Classiche Red Book certification are crucial for valuation, as these are mandatory at auction. The presence of original Borrani wire wheels, period-correct Connolly leather, and certification documents can lead to premiums in auction settings. Color changes from the factory specifications are severe red flags in valuation, requiring rigorous verification against Classiche records. Additionally, receipts from marque-specialist restorations enhance the vehicle's credibility and value at auction.
Donation process for this model
Donating a Ferrari 250 GT/L Lusso to Wheel of Hope involves a detailed and mandatory process to ensure the vehicle's value is accurately appraised. A qualified appraiser must conduct a full appraisal, and IRS Form 8283 Section B is required, including the appraiser's signature and date. The vehicle must be transported securely, and all documentation regarding Classiche certification and original specifications should be provided. Matching-numbers verification is compulsory, alongside authenticity checks for period-correct trim and components.
Providence regional notes
Providence offers a vibrant community for automotive enthusiasts, including access to concours-grade restoration specialists for the Ferrari 250 GT/L Lusso. Donors can benefit from collaborations with authorized Ferrari Classiche facilities, ensuring top-tier care for their vehicles. Local climate factors, such as being in a salt-belt area, highlight the importance of preservation and restoration efforts. Engaging with local experts can significantly enhance the vehicle's value and maintain its integrity in the competitive luxury car market.
FAQ
What constitutes a matching-numbers Ferrari 250 GT/L Lusso?
Is a qualified appraisal necessary for donating my Ferrari?
What is the expected value range for a Ferrari Lusso?
Are there any specific restoration requirements for my Lusso?
Can I donate a modified Ferrari 250 GT/L Lusso?
What documentation is required for donation?
Where can I find a qualified appraiser for my Ferrari?
Other model-specific guides
Vehicle Donation Resources & Guides
In-depth tax, paperwork, and donation logistics guides published by our editorial team — bookmark these before you donate.