1962 Ferrari 250 GTE 2+2

The 250 GTE was Ferrari’s first four seat model and the idea was successful enough to evolve into a series of Ferrari 2+2s that used the same engineering as the sports cars. As these were made for grand touring, the GTE was marketed as a luxurious car. To accommodate two additional seats, Ferrari had to move the engine and auxiliaries 12 inches forward and extend the bodywork the same amount compared to the previous 250. The wheelbase remained the same, but the additional mass added 170 lbs to the car.

As for performance, most journalists in the 60s had little complaints. The car handled in a neutral fashion and speeds of 130 mph could be attained with little trouble.

In 1963 the 250 GTE was replaced by the 330 America which remained much the same except a four-liter V12.

1962 Ferrari 250 GTE 2+2 Gallery

See full 1962 Ferrari 250 GTE 2+2 Gallery here

Ferrari 250 GTE 2+2 Specs & Performance

type Series Production Car
built at Maranello, Italy
engine V12
valvetrain SOHC
displacement 2953 cc / 180.2 in³
bore 73 mm / 2.87 in
stroke 58.8 mm / 2.31 in
compression 9.2:1
power 179.0 kw / 240 bhp @ 7000 rpm
specific output 81.27 bhp per litre
bhp/weight 182.51 bhp per tonne
torque 245.4 nm / 181.0 ft lbs @ 5000 rpm
body / frame Steel Body over Tubular Steel Chassis w/Aluminum Truck Lid and Front Hood
driven wheels RWD
front brakes Dunlop Discs w/Servo Assist
rear brakes Dunlop Discs w/Servo Assist
f suspension Wishbones w/Helical Springs, Anti-Roll Bar, Telescopic Dampers
r suspension Liver Axle w/Semi-Elliptic Leaf Springs, Radius Arms
curb weight 1315 kg / 2899 lbs
wheelbase 2591 mm / 102.0 in
front track 1397 mm / 55.0 in
rear track 1372 mm / 54.0 in
length 4699 mm / 185.0 in
width 1778 mm / 70.0 in
height 1341 mm / 52.8 in
transmission 4 Speed Manual w/Overdrive
gear ratios 2.45:1, 1.72:1, 1.24:1, 1.00:1, 0.778:1
top speed ~225.3 kph / 140.0 mph
0 – 60 mph ~8.0 seconds
0 – 100 mph ~22.8 seconds
0 – 1/4 mile ~16.3 seconds

Auction Sales History

1962 Ferrari 250 GTE 2+2

1962 Ferrari 250 GT/E 2+2 3547 – did not sell for $445,000 Complete Matching Numbers Example. Excellent Running Condition. Professionally Serviced And Maintained. Registered With The 250 GTE Registry. Documented History. Tools & Books. #3547 was given a proper body-off restoration in 1997 with $50,000 and more spent from 2012-2014 on no-expense-spared maintenance, to make this 250 GTE as enjoyable as possible to drive. All work was done by well-known Ferrari experts. Auction Source: ‘Rolling Sculpture’ 2015 NYC by Keno Brothers

1962 Ferrari 250 GTE 2+2

1962 Ferrari 250 GTE 2+2 Series II 4001GT – sold for $368,500 Matching numbers example. Nearly $80,000 in recent mechanical service.Delivered new to the US through Chinetti.One of the most usable Colombo V12-powered Ferraris.Offered with Marcel Massini’s history report. Auction Source: 2015 Quail Lodge Auction by Bonhams

1962 Ferrari 250 GTE 2+2

1961 Ferrari 250 GTE Series I 2651 GT – sold for $797,500 Ferrari Classiche Red Book Certified. Desirable Series I GTE. Comprehensive Restoration Completed in 2014. Documented with ACI Registrations, Copy of Factory Build Sheet, and Restoration Invoices. Ferrari’s First Series-Built 2+2 Seater. Auction Source: The Pebble Beach Auctions 2015 by Gooding and Company

1962 Ferrari 250 GTE 2+2

1961 Ferrari 250 GTE Series 1 2927 GT – sold for $418,000 One of Only 299 Series I 250 GTEs Built. Long-Term Texas Car with Three Owners from New. Never Restored and Largely Original Throughout. Offered with Books, Tools, and Rich History File. Documented by Ferrari Historian Marcel Massini. Auction Source: The Pebble Beach Auctions 2015 by Gooding and Company

1962 Ferrari 250 GTE 2+2

1961 Ferrari 250 GTE Series I 2919GT – sold for $423,500 One of Approximately 300 Series I GTEs Built. Wonderfully Original Unrestored Condition. West Coast Car with Four Owners from New. Offered with Books, Tools, and Rich History File. Documented by Ferrari Historian Marcel Massini. Auction Source: The Scottsdale Auctions 2015 by Gooding & Company

1962 Ferrari 250 GTE 2+2

1961 Ferrari 250GTE 2+2 Coupé 2815GT – sold for €287,500 Bodied by Carrozzeria Pininfarina in June 1961, ‘2815 GT’ was delivered new via Franco-Britannic Automobiles of Levallois-Perret, Paris, France and later that same year was sold to its first owner, a Mr Rabagliati. Some time later the Ferrari moved to Germany and in more recent years was kept as part of a private collection until its owner passed away. The current vendor purchased the car in 2010 via a dealer in Monaco. Auction Source: 2015 Les Grandes Marques du Monde au Grand Palais

1962 Ferrari 250 GTE 2+2

1963 Ferrari 250 GTE 2+2 Series I 2889GT – sold for €252,000 Fascinating known history; a connoisseur’s favoured driver. Participant on the Ferrari Le 250 Tornano a Casa Tour in 2014. Documented in the 250 GTE Register. Single ownership for the last 25 years. Auction Source: 2015 Paris by RM Auctions

1962 Ferrari 250 GTE 2+2

1963 Ferrari 250 GTE 2+2 Series III 4303 GT – sold for $473,000 A desirable Series III example of Ferrari’s first production 2+2. Documented by Ferrari historian Marcel Massini. Recent full service by Fast Cars Ltd. Auction Source: 2014 Monterey by RM Auctions

1962 Ferrari 250 GTE 2+2

1963 Ferrari 250GTE Series III 2+2 4843 – sold for $275,000 Exciting barn find condition Ferrari. Matching numbers example. One owner for over 45 years. Delivered new to the US through Chinetti. Offered with Marcel Massini’s history report. Auction Source: 2014 Quail Lodge Auction by Bonhams

1962 Ferrari 250 GTE 2+2

1962 Ferrari 250 GTE 2+2 Series II 3777GT – sold for €308,000 223rd Series II produced. A superb matching-numbers example. Recent comprehensive restoration. Sold through renowned distributor Franco-Brittanic Autos Ltd. to the original owner, Mr. Cincani. 92,000 kilometres. Auction Source: 2014 Monaco by RM Auctions

1962 Ferrari 250 GTE 2+2

1962 Ferrari 250 GTE 2+2 3827GT – sold for €235,200. This mid-production second-series 250 GTE was originally delivered by French importer Charles Pozzi to its first owner in Udine, Italy, in January 1963. Records reflect that the car was serviced nine months later at the Ferrari Factory Assistenza Clienti in Modena. By the mid-1980s, the car was owned by Giancarlo Luppi, who reportedly presented it at the Ferrari Days Modena event in September 1983.

Enjoying the company of the consignor’s sensational Ferrari collection for the last 10 years, this 250 GTE has been certified as a matching-numbers example by Ferrari Classiche. It is finished in Grigio Notte, the same as when it left the factory, and the interior benefits from a recent retrim in supple black leather. Considering the mammoth growth of 250 GT values in recent years, 3827GT offers an affordable investment into the ranks of 250 ownership that should allow for measurable appreciation in coming years. Auction Source: 2013 Villa d’Erba Auction by RM

1962 Ferrari 250 GTE 2+2

1963 Ferrari 250 GTE Series III 4093GT – sold for €218,400. The example presented here was the subject of a comprehensive, professional nut and bolt restoration, during which the body was removed from the chassis. Upon being stripped for paint, it was clear that the body was in excellent condition and showed no signs of previous accident damage. Noted specialists, Touring Garage, performed the outstanding work in 2005, and full records of the restoration accompany the car–as does a proper set of tools. Restored Borrani wheels and new tyres were fitted as well. The current owner acquired the 250 GTE in 2007 and placed it within his 30 car collection, driving it only an approximate 500 km ever since. The car is beautifully presented throughout and remains a highly attractive example of a short-lived yet very drivable series within the greater history of four-seat Ferraris. Auction Source: Monaco 2012 by RM Auctions

1962 Ferrari 250 GTE 2+2

1962 Ferrari 250 GTE série III coupé Pininfarina – sold for €166,790. Delivered new in Italy by Parauto, the Ferrari 250 GTE on offer was originally dark grey in colour, but has since been repainted in metallic blue. However, it retains its beautiful red interior, with its welcoming leather upholstery still beautifully preserved. It has been with its current owner – an Italian – since 1995, and the engine has been completely redone recently, with less than 3,000km since the overhaul, though there are no bills to confirm the same.

The car does not smoke, shows good oil pressure and works well. The body is in a very healthy state and shows no signs of rust. This is a Series III, and has the fog lights on both sides of the grille. The car has an ASI registration and comes in a better than average overall condition. Long shunned by collectors, this model is now experiencing renewed attention, which is deservedly so, though prices still remain very affordable as compared to other Ferrari road cars, but for how long? Auction Source: 2012 Artcurial Motorcars à Rétromobile

1962 Ferrari 250 GTE 2+2

1962 Ferrari 250 GTE 3003GT – sold for $121,000. Delivered new in Italy by Parauto, the Ferrari 250 GTE on offer was originally dark grey in colour, but has since been repainted in metallic blue. However, it retains its beautiful red interior, with its welcoming leather upholstery still beautifully preserved. It has been with its current owner – an Italian – since 1995, and the engine has been completely redone recently, with less than 3,000km since the overhaul, though there are no bills to confirm the same. Auction Source: 2011 Amelia Island Auction by RM Auctions

1962 Ferrari 250 GTE 2+2

1962 Ferrari 250 GTE 2+2 3723GT – sold for €190,345. This particular 250 GTE has been delivered new by the Franco Britannic in France to its first owner, M. Roussel, Head of the French famous Pharmaceutical Laboratories Roussel. It has been black with beige interior, a rare and so elegant colour combination. The car is bought by another Laboratory owner, M. Favre, keeping the same registration plate number. We find the car in the next years on Cote d’Azur. It has been bought recently by a Parisian who decided to restore the car by the best professionals in Italy. The interior has been fully refurbished, in beige leather original colour, the carpets are new, the paint job is superb and all the chromes have been redone. Auction Source: 2011 Salon Rétromobile Aucion by Artcurial

1962 Ferrari 250 GTE 2+2

1963 Ferrari 250 GTE 4217GT – sold for $154,000. The 250 GTE pictured here was completed by the factory in January 1963 and was delivered new to its first owner in Vicenza, Italy two months later, finished in grey with a blue interior. Initially serviced and maintained by the factory in Modena, the car was exported to the United States in 1970 and went through several changes of ownership in California before the engine was rebuilt by Modena Motors in 1989. When the car was finally sold in 2004, it had been in the same ownership since 1979.

The current owner acquired the car out of New York before spending in excess of $60,000 at HESCO in Birmingham, AL to ensure the car was reliable and in perfect mechanical condition. In addition to the extensive mechanical work conducted, there was significant work to the electrical and braking systems as well. Since that time the car has been driven sparingly and stored in a climate controlled garage. HESCO has also indicated to the vendor that the car is a matching numbers example. All of the maintenance records will be available for review in the auction office onsite at Amelia Island.

Overall, this is a particularly nice example of the 250 GTE. As Ferrari’s first four-seater, it also benefits from a sporting GT appearance. It is a highly desirable alternative to the Aston Martin DB6, but is fitted with the all-important twelve-cylinder engine from the masters in Marane Auction Source: 2010 RM Automobiles of Amelia Island Auction

1962 Ferrari 250 GTE 2+2

1962 Ferrari 250 GTE 2+2 Coupe – sold for $121,000 The GTE presented here finished in Blu Chiaro (sky blue) with a Pella Rossa (Dark Red) interior is a spectacular rust free example with extremely nice paint and a stunning interior. The car rides on original Borranis recently restored by Dayton and new Michelin XWX tires. Over $20,000 was spent in the last two years on a cosmetic restoration, which was intended to match the GTE’s excellent mechanical condition.  Auction Source: 2009 RM Auctions Sports & Classics of Monterey