My Car Quest

July 26, 2014

Iso Grifo For Sale And Sold – An Update On Iso Grifo Pricing

by Mike –

A 1967 Iso Grifo was recently sold at the RM auction in London.

It sold at the top of the estimate range for a net £156,800 ($247,000 US) (186,106 Euro) including the buyers premium.

When you add the 5% import duty to the price the cost to the new owner is £164,640 ($259,350 US) (195,411 Euro).

Iso Grifo for sale

This is a further indication of how Iso Grifo prices are continuing to climb. This Grifo is in average condition based on the photos and a report from someone who saw it in person.

Assuming that the mechanical condition is consistent with the rest of the car then I think this is a condition 3 car based on the definitions in the “Hagerty Price Guide” which places a value of $209,000 US on a condition 3 1967 Iso Grifo – 15.4% below the actual price paid not including the import duty.

Iso Grifo for sale

Not a tidy engine bay, the fan shroud is missing

RM said,

300 bhp, 327 cu. in. Chevrolet V-8 engine, four-speed manual transmission, independent front suspension, de Dion rear axle with longitudinal and transverse links and coil springs, and front and rear disc brakes. Wheelbase: 2,500 mm

* Offered from the collection of a gentleman
* A rare, limited production Italian-American sports car
* One of Giorgetto Giugiaro’s earliest automotive designs

The 1969 Iso Grifo GL offered today features Chevrolet’s famed 327-cubic inch V-8, which puts out 300 horsepower. The car’s silver finish accentuates its distinctive Bertone lines, and the black leather interior presents nicely, showing wear commensurate with the car’s age. The elegant wood-trimmed instrument panel remains in good condition, as does the sporty three-spoke, wood-rimmed steering wheel. This example comes to the sale from a sizable collection of collector cars, where it was kept in good company.

Please note that this vehicle will be sold on a Bill of Sale with cancelled registration documents. It is not EU taxes paid but is eligible for import into the UK at a reduced rate of 5%.

This quote above includes all the RM catalog said about this particular car which isn’t very much. The rest was about the history and characteristics of the Iso Grifo model.

There is almost no specific information about this example. There is no history and very little about the condition. This lack of information is usually not a good sign.

One wonders how well it has been cared for in recent years. There certainly could be some surprises when the new owner takes it out for a drive.

Iso Grifo for sale

The Griffon sculpture should be on the vertical bar between the headlights not on the hood and the correct hood badge is not in place.

Iso Grifo for sale

The “Iso Grifo” script is not on the trunk lid

Shameless Plug

My Iso Grifo for sale is a bargain at $260,000 US compared to this Grifo.

Iso Grifo logo

This is the badge that should be on the hood.

Iso Grifo logo

This script should be on the top of the trunk lid.

Summary
Author Rating
Aggregate Rating
4 based on 2 votes
Brand Name
Iso
Product Name
Grifo
Price
USD 259,350
Product Availability
Out of Stock

Comments

  1. I looked the car over on Sunday. It has some filler in the body, but the shut lines are pretty good and it presents quite well, paint is nice. Outstandingly original and correct interior which just mainly needs some hide food. Engine bay dirty and not prepared in any way. My chassis list says 350hp, though it certainly looks like a 300hp to me, but I can’t claim the list is always infallible. I last heard of it when it sold at the Coys Chiswick House, London auction in 1997 when it sold for £26.5K. RM told me it’s been in a Caribbean collection since then. My question: why send it all the way to London to be sold?? Especially as it is LHD…

  2. I forgot to say, the engine bay was fairly correct, though it had the wrong fan and no fan cowl.

  3. This was the grifo at the cayman motor museum

  4. I had no way of knowing what the mechanicals were like. Short of taking it for a test drive, it would be impossible to asses that. All I can say is that the mechanicals I could see were for the most part correct and original.

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