My Car Quest

August 17, 2022

The Demand For The Iso Grifo Continues To Outstrip Supply

by Mike – 

In early November 2011 I wrote What Is Going On With Iso Grifo Demand?

Iso Grifo 7 Liter

Iso Grifo 7 Liter Brochure

Since then the demand, and thus the prices, have continued to climb. The price guides are not able to keep up with the actual market prices for the Iso Grifo (see the numbers below).

Maybe this is also true of some other models as we are seeing a few other marques set record prices in addition to the Iso Grifo.

Iso Grifo

Series 2 Iso Grifo With The Pagoda Hood Scoop

Earlier this week I wrote An Iso Grifo For Sale With Some Needs where I describe an Iso Grifo for sale for $140,000 that really has many issues to correct to make it right.

I expect that it will sell for close to this asking price in spite of the problems because there are more buyers than sellers over the past 1-2 years for the Iso Grifo.

Iso Grifo

Series 1 Iso Grifo With The Standard Hood

In May 2011 a unique Iso Grifo, an ex-Mike Hailwood car, sold at auction in London for a near record price of $267,000. It did not matter that this Grifo was nearly totaled after a coming together with a water buffalo.

After the crash it sat for a few years then had a no expense spared restoration. I suspect both the seller and the buyer were happy with this result. Today this car may be worth $300,000 or more.

Iso Grifo

Mike Hailwood Iso Grifo After The Water Buffalo Crash

There is a very interesting 7 Liter Iso Grifo for sale at the Gooding auction in Arizona in a few days with an estimate of $350,000 to $550,000. Anything in this range would be a new record price for a public sale of an Iso Grifo.

The numbers below are from the Cars That Matter Price Guide (now the Hagerty Price Guide) for a condition one car (concours condition).

Issue Date                      Fall/Winter 2006                 Sept-Dec 2011

Series 1                                 $125K                                     $152K

Series 2                                 $132K                                     $175K

7 Liter S2                                                                               $215K

The actual selling prices are much higher than the latest numbers in the price guide above.

The Hailwood Grifo sold in May 2011 for 76% more than the price guide number ($267K vs $152K) and the mid-point for the estimate range on the purple Grifo at Gooding later this month is more than double the $215K number from the price guide.

This car has yet to sell so we will see in a few days what a condition one 7 Liter Grifo is worth.

Full disclosure – I own a 1968 Iso Grifo, the Series 1 pictured above.

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Iso Grifo

Iso Grifo


  1. We went through a similar insanity in the mid to late 80’s when Ferrari prices went through the roof. People were bailing out of the stock market and buying Exotic cars, specially Ferrari. A certain amount of this may be speculation but there is only a finite number of Iso cars. The brilliance of the Iso design of an exotic with a reliable inexpensive engine makes mores sense now than ever. Which car do you thing I would be more likely to flog on track days, the Ferrari 365 GTB or the Iso Grifo? With one, my mind would have a difficult time Taking the engine to red line out of fear of the expense if something let go. It is less sacrilegious to pull the matching number out of an Iso and drop a modern LS I can flog to my hearts content.

  2. Less sacriligious to whom? Certainly not to an Iso owner, where matching numbers for an engine matter as much to a Ferrari owner. And yes, the Iso build sheets list matching numbers to the engine originally installed in the car.

    I would be hesitant to flog a Grifo worth $200,000 to $300,000 anyway. Grifo prices are catching up to, and in some instances, actually passing Daytona prices. So go ahead and flog that Daytona, it would be fine.

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