Ferrari 456 GTA, called 25 Aug 2026.

A 1997 Ferrari 456 GTA coming back to Collecting Cars out of Baulkham Hills, New South Wales — Grigio Titanio over Nero with Rosso stitching, 30,765 miles, which is 49,512 kilometres, and the four-speed automatic.

The library held the 456 GT manual and listed GTA automatics priced as manuals among that entry’s own named risks. Pricing this lot off that record would have committed the error the record warns about, so the GTA now has its own entry, built on the only Australian GTA transaction that exists: $115,000 on 19 September 2025 for an Australian-delivered car at 70,784 kilometres.

This exact chassis ran on 9 March 2026 and did not sell. What that tells you is precise and limited: the reserve was above the room on the day. It does not tell you where the bidding stopped, because neither the house nor the aggregators publish the high bid on an unsold lot, and that missing number is the largest gap under this call. A relisted car also carries a visible history — bidders can see it failed — which usually means the reserve has moved rather than the market has.

Internationally the GTA trades at 50 to 62 per cent of the equivalent manual; across five years of results every 456 that sold under US$50,000 was an automatic and every one that made over US$100,000 was a manual. The Australian numbers appear to contradict that — the local GTA made $115,000 while two local manuals were bid to $96,500 and $105,000 — but both of those manuals are imports, and this library docks an import twelve per cent on a model Ferrari sold here new. Against the Australian-delivered manual benchmark of $200,000, an Australian-delivered GTA at $115,000 is 58 per cent, which is the international ratio almost exactly. The exception was an artefact of comparing a local car with two imported ones.

It was first registered in the United Kingdom in March 1998 through Stratstone of Wilmslow and complied into Australia in August 2023. It is not one of the estimated thirteen delivered here new, so the twelve per cent applies in full.

Handing the listing to the valuer gives a small credit for 49,512 kilometres against the 55,000 expected, one point for Grigio Titanio, credits for the documentation and the spare rear dampers included with the car, eight for the service file, and minus twelve for the import. That lands near $114,000. It is too high, and the reason is worth stating because it applies to every car in this library: the base figure already assumes a documented car, so crediting the documentation again pays for the same thing twice. Worked instead off the single Australian comparable — $115,000, adjusted down twelve per cent for import, up three for kilometres, and back roughly eight per cent for eleven months of a market Hagerty marks down 3.9 per cent — the number is $98,000. That is what the car is worth.

Which is that figure less the six per cent buyer’s premium plus GST that sits on top of the hammer. No further venue discount is taken: Collecting Cars is the right room for this car and it is where the September 2025 comparable sold.

Which is rare. Fourteen dated entries run from delivery in March 1998 through to November 2025 at 30,749 miles against a 30,765 reading, with cambelts recorded in 2001, 2004, 2008, 2019 and August 2023.

The August 2023 belt service was done by a general fast-fit chain rather than a marque specialist, and on a V12 cambelt that is a genuine discount item; it is also three years old now, which is the interval most guides give, so a buyer is looking at a five-figure job. The passenger window needs recalibration, which is the classic regulator symptom on this model and about $2,400. And the tail risks on a 456 are not small: bronze valve guides that wear, and a self-levelling rear suspension that shares its hydraulic reservoir with the power steering, so one leaking damper takes out two systems. The vendor including a spare set of rear dampers is not an accident.

Landed replacement cost for an equivalent car out of Britain is roughly $111,000 to $117,000 all in, which is above what the Australian market is currently paying — and that squeeze is probably what produced the March no-sale. Sixty-one right-hand-drive GTAs were built worldwide against 141 manuals, so this is the rarer car and the cheaper one at the same time. Predicted hammer $83,000 to $101,000, midpoint $92,000.