On Nov. 8, 1975, Robert Zambelli bought himself a Ferrari. It was a beautiful thing: a yellow 1967 330 GTC, one of the first twelve-cylinder cars sold by a dealership which was not yet called Ferrari of Atlanta. A pilot by trade, Zambelli paid somewhere in the neighbourhood of $10,000 for the car and drove it happily, performing his own maintenance.
Ferrari values began to climb. Zambelli drove his car. Suddenly, his 330 GTC was worth 10 times what he’d paid for it.
Zambelli put 10,000 kilometres worth of track time on his little yellow sportscar. The car’s worth crested the US$500,000 mark. Bob took his Ferrari camping.
“I really don’t think much about its value,” he said, speaking from his home in South Carolina, “I just drive and enjoy. In fact, I drive it everywhere – to the post office, general shopping and on vacations. I’ve gone to Lowe’s and put bags of mulch in the trunk. I fly model airplanes and I go to the flying field with a bunch of airplanes in the GTC. As I recall, the longest trip was around 700 miles each way. But I’ve made many other trips – 100 to 500 miles each way.”
Today, Zambelli’s Ferrari has about 300,000 kilometres on it. He’s still driving it.
It seems as though every other day brings headlines trumpeting some new find of a low-mileage rarity. A pair of untouched Buick Grand Nationals shows up in an Oklahoma garage.
Article source: https://www.theglobeandmail.com/globe-drive/reviews/classics/whats-a-classic-car-really-worth-if-you-wont-actually-drive-it/article37868387/