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						Ferrari 365 Gt 22 8
One Owner ’69 Ferrari 365 GT 2+2

1969 Ferrari 365 GT 2+2 on Craigslist

By Dean Larson

Photos: Seller, Craigslist

After driving the 365 GT 2+2 in 1969, Road & Track quite famously dubbed it “the Queen Mother of Ferraris,” and after perusing the list of standard features, it’s not hard to see why. 320 horsepower came standard from a 4.4-liter Colombo V12 with three twin-choke Weber carburetors, but it was really the standard power steering, power windows, air-conditioning, four-wheel vented discs and independent rear suspension with self-leveling capabilities that set the 365 GT 2+2 apart. Elegant Pininfarina coachwork, a few key conveniences for daily driving and the ability to cruise at 145 mph made the car an instant classic, and a knockout in the GT car category, netting Ferrari more than 800 sales.

In terms of V12 Ferraris from the 1960s and ’70s, the 365 GT is relatively easy to locate, but there are more than a few reasons to take note of this 1969 365 GT on Craigslist in particular.

The photos are underwhelming, and it’s entertaining to note the wet concrete and garden hose in the photos, clear evidence of a fresh hose-down to knock the dust off. And it’s possible that there was quite a bit of dust, as this car has allegedly been stored over the past 25 plus years. Not surprising when you note the car is still with its original owner and still possesses its original California pink slip title. That’s pretty impressive, as it’s not everyday that you see someone remain the steward of a high-dollar collector for over 50 years.

On the history of the car, the owner remarks that it was purchased new from Newport Imports in Newport Beach, California, and garage-kept its entire life. The car was driven about 60,000 miles before being parked, and “has not been on the street in 25 plus years.” Along with its original California pink slip title, the car also retains its original California blue license plates, manuals, jack bag and spares.

Although the 365 GT is said to run flawlessly, the seller does note a few minor issues with the body that need repair. Unfortunately these do not show up in the photos, so it’s impossible to ascertain the extent of the damage. That probably also means that some of the original isn’t salvageable, which detracts a bit from the financial upside of an unrestored car.

But let’s not dwell on that — just look at the condition of this car! The interior is simply as nice as they come, largely thanks to a lifetime of garage storage in a dry climate. And I think the originality of this car is what makes it worth considering, especially at this price point. It’s priced a bit below restored cars, and right on the money for a “good condition” car according to Hagerty’s price guide. Now the bodywork concerns mark it down a bit from “good condition,” but I think its originality makes up for it.

Put in a competitive offer and this one could be yours for a deal. And I think the day is coming soon when all cars in (reasonable) unrestored condition will exceed the value of your average restored example.

See the 365 GT 2+2 here on Prescott Craigslist.

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