
Ferrari 250 GT Lusso (1962-64)
Total Production: The total production of the Ferrari 250 GT Lusso from 1962 to 1964 was approximately **350 units**.
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Price New: In 1962, the new price for a Ferrari 250 GT Lusso in the UK was approximately **£4,500**.
£4,500 in 1962 is equivalent to approximately **£120,000** today.
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Rivals:
In 1962, the main rivals of the Ferrari 250 GT Lusso and their approximate new prices in the UK were:
- **Jaguar E-Type**: Approximately £2,000
- **Mercedes-Benz 300SL**: Approximately £2,500
- **Alfa Romeo Giulia Sprint**: Approximately £1,200
These cars were all competing in the luxury and high-performance segments.
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Recorded in UK 2025
As of 2025, the DVLA records approximately **50 Ferrari 250 GT Lusso (1962-64)** vehicles registered in the UK.
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PLEASE NOTE: The information provided below is given in averages across Northern Ireland at the date specified. Petrol reflect average prices for four star fuel in litres.
Road Tax: In 1962, the road tax for a Ferrari 250 GT Lusso in the UK would have been based on its horsepower. Given that the Ferrari 250 GT Lusso had an engine capacity of around 3 litres, the road tax would have been approximately **£30 per year**.
£30 per year in 1956 is equivalent to approximately **£900** today.
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Petrol: In 1962, the average price of four-star petrol in the UK was approximately 22.5 pence per litre.
22.5 pence per litre in 1962 is equivalent to approximately **£1.85 per litre** today.
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Insurance: I couldn't find specific information about the average cost of insurance for a Ferrari 250 GT Lusso in the UK in 1962. However, car insurance was generally much more affordable back then compared to today.
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1962/COST OF LIVING UK
In 1962, the average annual salary in the UK was approximately **£1,000** for male manual workers and **£600** for female manual workers.
Adjusting for inflation, the average annual salary in the UK in 1962 would be approximately **£60,000 to £70,000** in 2025 terms.
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In 1962, the average price of a house in the UK was around **£2,500**. Adjusting for inflation, this would be approximately **£60,000 to £65,000** in today's terms.
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In 1962, the average price of a new car in the UK was around **£1,000**. Adjusting for inflation, this would be approximately **£25,000 to £30,000** in today's terms.
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In 1962, the average price of a loaf of bread in the UK was around **11.5d** (approximately **£1.50 to £2** in today's terms).
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In 1962, the average cost per mile for a bus journey in the UK was around **1 penny per mile** (approximately **£0.03 to £0.04** in today's terms).
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In 1962, the average price per mile for a taxi journey in the UK was around **2 shillings and 6 pence** (approximately **£1.50 to £2** in today's terms).
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In 1962, the average cost per mile for a railway journey in the UK was around **1 penny per mile** (approximately **£0.03 to £0.04** in today's terms).
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In 1962, there were approximately **5 million vehicles** using UK roads. This included a mix of private cars, commercial vehicles, and motorcycles.
As of 2025, there are approximately **41.4 million vehicles** on UK roads.
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In 1962, the population of the UK was approximately **53.3 million** people.
As of 2025, the population of the UK is estimated to be around **69.5 million** people - Worldometer](https://www.worldometers.info/world-population/uk-population/).
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Common Faults
Please Note: Common Faults in Regularly Used Vehicles vs. Low-Mileage Stored Vehicles that have been used consistently over many years, accumulating approximately 10,000–12,000 miles annually, are more prone to common faults due to regular wear and tear. These issues typically arise from the natural aging of components subjected to frequent use, such as engine parts, suspension systems, brakes, and tires. In contrast, vehicles with low mileage that have been stored or preserved are likely to experience different types of issues. These vehicles are often better maintained to ensure their longevity and may avoid some of the typical wear-and-tear problems seen in regularly driven cars. However, they can still face unique challenges such as degradation of rubber seals, corrosion from prolonged inactivity, or fuel system issues caused by old or stagnant fuel.
The **Ferrari 250 GT Lusso**, a stunning grand tourer, had a few notable issues:
1. **Smoke Emissions**: The V12 engine emitted smoke during high acceleration and vibrations around 3,700 rpm. This issue led Steve McQueen to sell his 250 GT/L in 1967 despite persistent engine repairs.
2. **High-Geared Gearbox**: Some owners complained that the gearbox was too high geared.
Despite these challenges, the Lusso's timeless beauty and performance continue to captivate enthusiasts!
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Generations/Trim Levels
Please Note: Generations and Trim Levels Across Countries
Generations and trim levels of vehicles often vary between countries as manufacturers tailor models to meet the preferences and requirements of specific markets. For example, a trim level designated as “GL” in the UK might be labelled as “XS” in another country. Due to these regional differences, the information provided on this site pertains exclusively to UK-specific products.
The **Ferrari 250 GT Lusso** was produced as a **single generation** model, manufactured from **1962 to mid-1964**. It elegantly bridged the gap between the sporty 250 GT SWB and the luxurious 250 GTE 2+2, captivating enthusiasts with its refined design and spacious interior.
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Engine
The **Ferrari 250 GT Lusso** was fitted with a **3.0-liter V12 engine** designed by **Gioacchino Colombo**. This engine, known as the Tipo 168U, produced **240 horsepower** at 7,500 rpm and **178 lb-ft of torque** at 5,500 rpm.
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Performance
The **Ferrari 250 GT Lusso** offered impressive performance for its time. Here's a breakdown of its performance:
- **Engine**: 3.0-liter V12
- **Power Output**: 240 horsepower at 7,500 rpm
- **Torque**: 178 lb-ft (241 Nm) at 5,500 rpm
- **Top Speed**: Approximately 149 mph (240 km/h)
- **0-60 mph (0-100 km/h) Acceleration**: Around 8.0 seconds
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Rivals
In 1963, the main rivals of the **Ferrari 250 GT Lusso** in the UK included the **Maserati Sebring 3500 GTI** and the **Aston Martin DB5**. Here's a comparison of their performance:
- **Maserati Sebring 3500 GTI**: The Maserati Sebring 3500 GTI was equipped with a 3.5-liter straight-six engine producing around **220 horsepower** and **255 lb-ft of torque**. It could accelerate from 0 to 60 mph in approximately **7.0 seconds** and had a top speed of around **140 mph** (225 km/h).
- **Aston Martin DB5**: The Aston Martin DB5 had a 4.0-liter inline-six engine producing around **282 horsepower** and **288 lb-ft of torque**. It could accelerate from 0 to 60 mph in around **6.5 seconds** and had a top speed of approximately **145 mph** (233 km/h).
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Designer/Dimensions
The **Ferrari 250 GT Lusso** was designed by the renowned Italian coachbuilder **Pininfarina** and bodied by **Carrozzeria Scaglietti** under the direction of **Enzo Ferrari**.
Here are its dimensions:
- **Wheelbase**: 2,400 mm (94.5 in)
- **Length**: 4,410 mm (173.6 in)
- **Width**: 1,750 mm (68.9 in)
- **Height**: 1,290 mm (50.8 in)
- **Curb Weight**: 1,020–1,310 kg (2,250–2,890 lb)
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Spares/Specialists NI
If you're looking for **Ferrari 250 GT Lusso** parts in the UK and Ireland, here are some options:
You can locate **Ferrari 250 GT Lusso spares** in the UK and Ireland through several sources:
1. **Eurospares Ltd**: They offer a wide range of genuine and OEM parts for the Ferrari 250 GT Lusso.
2. **DK Engineering**: They specialize in parts for classic Ferraris, including the 250 GT Lusso.
3. **PistonHeads UK**: They often have listings for rare parts and cars, including the Ferrari 250 GT Lusso.
For **maintenance and servicing** in Northern Ireland, you can consider:
1. **Charles Hurst**: Located in Belfast, they are an authorized Ferrari dealer offering servicing and repairs.
2. **Prestige Restoration™**: They offer comprehensive restoration and maintenance services for classic cars, including the Ferrari 250 GT Lusso.
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Racing
The **Ferrari 250 GT Lusso** was primarily designed as a grand tourer and not intended for racing. However, it did make a few appearances in sporting events such as the **Targa Florio** and the **Tour de France** in 1964 and 1965. There was even a special racing version built for a client awaiting the completion of a 250 GTO.
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Valuation
In 2025, the value of a **Ferrari 250 GT Lusso** in the UK can vary depending on its condition, mileage, and specific trim level. Generally, prices range from **£727,694 to £2,254,488**.
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Clubs
There are **Ferrari clubs** in Northern Ireland for owners! You can join the **Northern Ireland Ferrari Owners Club**, which organizes events, drive-outs, and meetings for Ferrari enthusiasts. They provide a great community for owners to connect, share experiences, and enjoy their cars together.
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