A SUPERCAR dealer who sells luxury motors to wealthy collectors has named a “special” model that he predicts will be worth over £1 million within ten years.
George Gedhu has found fame as salesman to the stars, counting celebs and Premier League stars among his clients, and believes an “iconic” Ferrari can “only go up” in value.
TiktokSupercar dealer to the stars George Gedhu named the motor he thinks will be worth over £1million within ten years[/caption]
HandoutHe said the value of the Ferrari 458 Speciale is ‘only going to go up’[/caption]
In a clip uploaded to TikTok, George was asked which of the vehicles on his stock list would be the best “investment piece”.
He identified the Ferrari 458 Speciale as a car that is set to see its value climb in the coming years.
George said: “One that I feel has very long way to move is the 458 Speciale.
“The car was based on the 458 Italia, which won the best engine award three years in a row.
“That is a special, special feat for any supercar manufacturer.
“In a market where everything else seems to be falling, the 458 Speciale has held onto its pricing.”
He explained that the model fills a gap in the market that no other can, with it being the last naturally aspirated (i.e. not super or turbocharged) V8 Ferrari to come out of the brand’s iconic factory in Maranello, Italy.
Manufactured between 2009 and 2015, it even incorporated a range of tech developed by Ferrari’s renowned F1 team.
And its design was partially developed by the legendary Pinafarina styling house.
Only around 3,000 we produced globally, of which 250 were UK-supplied, right-hand drive models.
George added: “It is only going to go up, there is no replacement for this.
“It is still probably one of most iconic and beautiful Ferraris ever made.
“Within the next ten years, this car is going to be over £1 million.”
If you can afford it that is quite a return, more than doubling your investment.
However, given its rarity and attractiveness to discerning collectors, it will still set you back a hefty £400,000 even today.
It comes as the world’s fastest road-legal car went up for sale for a whopping £4.3 million.