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1963 Ferrari 250 GT Lusso
2dr Coupe
12-cyl. 2953cc/240hp 3 Weber Carbs
#1 Concours condition#1 Concours
#2 Excellent condition#2 Excellent
#3 Good condition#3 Good
$1,450,000 CAD*
-12.1%
#4 Fair condition#4 Fair
Apr 2025
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1962-1964 Ferrari 250 GT Lusso stats
Highest sale
$3,368,921 CAD
Lowest sale
$5,651 CAD
Most recent sale
$2,064,231 CAD
Sales
143
Photos
8 photosImages may not reflect selected vehicle.
Past sales
$2,064,231 CAD
1964 Ferrari 250 GT Lusso
Europe
Nov 2, 2024RM Sotheby's
View details
$1,658,305 CAD
1963 Ferrari 250 GT Lusso
Standard
North America
Aug 16, 2024Bonhams
View details
$1,978,936 CAD
1963 Ferrari 250 GT Lusso
Europe
Jun 12, 2024RM Sotheby's
View details
$2,031,912 CAD
1964 Ferrari 250 GT Lusso
North America
Jun 1, 2024RM Sotheby's
View details
$1,825,333 CAD
1963 Ferrari 250 GT Lusso
North America
Jan 25, 2024RM Sotheby's
View details
$1,913,942 CAD
1963 Ferrari 250 GT Lusso
82000 K
Standard
North America
Oct 11, 2023Bring a Trailer
View details
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Model overview
Model description
Designed in 1962 as a replacement for the Ferrari 250 GT coupe, the gorgeous 250 GT berlinetta, or Lusso, marked the last in the series of the 3-liter Colombo-engined 250 series road cars. The press quickly began referring to the car as the Lusso, presumably referring to its luxury appointments.
For the Lusso, Pininfarina designed an attractive fastback berlinetta body with a kamm-type tail that rode on Ferrari’s 94-inch short wheelbase chassis and provided an impressive combination of clean lines, good visibility, and spacious accommodations for two. Typical of later cars in the 250 series, the Lusso had hydraulically assisted disc brakes all-round with wishbone suspension in the front and a live axle in the rear. Power came from the familiar 3 liter V-12 that in this case had 240 hp and was close in specification (though with 40 fewer hp) to the engine in the legendary 250 GTO that was being produced at the same time.
Ferrari built 350 examples of the Lusso from 1962 to 1964 as a counterpart to the four-seat 250 GTE, and it marked a departure from previous 250-series road cars in having luxury and technical appointments not previously seen in the series in part to accommodate American driving conditions. These included a more extensive use of leather in the interior as well as a thermostat-controlled radiator fan, and a driver-actuated radiator shroud to help keep water temperature up in cold weather, increasing the effectiveness of the defroster and heater in said conditions.
The Lusso’s beautiful lines, usability and comfort, as well as ownership by such notable personalities as Eric Clapton and Steve McQueen, all contribute to this car consistently being one of the most desirable and expensive variants of the 250 series today.
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Common Questions
The value of a 1963 Ferrari 250 GT Lusso can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $1,000,000 USD for a 1963 Ferrari 250 GT Lusso in good condition with average spec.
The highest selling price of a 1963 Ferrari 250 GT Lusso at auction over the last three years was $2,402,165 CAD. The highest prices are usually reserved for rare or exceptionally well-maintained examples with desirable features or modifications and excellent history.
The lowest selling price of a 1963 Ferrari 250 GT Lusso at auction over the last three years was $1,658,305 CAD. The lowest prices are usually paid for examples that have extensive maintenance needs, differ greatly from their original configuration, or have accident histories or title problems.
In the last three years there have been 8 1963 Ferrari 250 GT Lussos sold at public auction.
The most recent auction sale of a 1963 Ferrari 250 GT Lusso was $1,658,305 CAD on August 16, 2024 by Bonhams.
Many factors can increase a car's value including excellent condition, exceptional originality, a recent restoration, low mileage, unique provenance, desirable options, popular or unique color choices, and excellent maintenance records. Upgrades and modifications that enhance performance or aesthetics can also add value.
Factors that can decrease a car's value include unusually high mileage, poor maintenance history, visible wear and tear, accidents or damage, title issues, and gaps in ownership history. Additionally, less popular color choices and extensive modifications that don't appeal to a broad audience can reduce value.
Mileage plays a significant role in a classic car’s value. Lower mileage usually increases value because it indicates a higher degree of originality, is rarer, and suggests less wear and tear. However, cars with exceptionally low mileage may also have maintenance needs due to lack of use. Whether someone should pay more for a vehicle with lower miles will depend on how they plan on using it, and the vehicle's specific condition.
The value of modified cars differs widely based on the type and quality of modifications. While some modifications can significantly increase value, especially performance enhancements and high-quality custom work, others may not add much or could even detract from the car’s value if they appeal to only a limited audience.