1970 Ferrari 365 GT 2+2: Restored V12 Grand Tourer For Sale in British Columbia

Quick Facts

• Location: Langley, British Columbia

• Asking Price: CAD$430,000 (Approximately USD$300,316)

• Mileage: 67,000 kilometers (41,000 miles), believed original

• Engine: Matching numbers 4.4L Colombo V-12

• Transmission: 5-speed manual

• Production: One of 800 built, according to Ferrari historians

• Notable Features: Borrani wire wheels, factory A/C, power features

• Color Combination: Blue Sera exterior with Red leather interior

• Documentation: Marcel Massini report included

In the pantheon of classic V-12 Ferrari grand tourers, the 365 GT 2+2 stands as a remarkable achievement – the most luxurious and well-equipped Ferrari model of its era. This particular 1970 example, now offered in Langley, British Columbia, represents a compelling, top-quality example of Ferrari’s ultimate classic-era four-seater grand tourer.

The Vehicle

This exceptional 365 GT 2+2 presents in stunning Blue Sera over the red leather interior, a handsome and unusual Ferrari color combination that perfectly captures the model’s elegant and sporting character.

Notable features include:

• Original matching-numbers 320hp Colombo V-12 engine

• Factory air conditioning

• 15″ Borrani knock-off wire wheels

• Power steering and brakes

• Power windows including vent windows

• Headlight covers

• Black carpeting

• Complete tool roll and jack

Known History

This particular example benefits from a well-documented ownership trail and maintenance history. Previously maintained by renowned Ferrari specialist Francois Sicard, the car was acquired by Autosport Designs of Huntington station, New York in 2007 from long-term Connecticut ownership. Its subsequent careful stewardship included:

• Over $100,000 in documented mechanical and cosmetic restoration

• Regular maintenance by respected specialists including Vintage Motorsports

• Consistent care regardless of usage

• All maintenance records available

• Marcel Massini history report  

Current Condition

The seller reports this 365 GT 2+2 as one of the best-performing examples available today, featuring:

• Spectacular restored condition throughout

• Exceptional mechanical preparation

• All systems functioning properly

• Ready for immediate grand touring enjoyment

• Original factory tools and documentation

Market Analysis & Value Considerations

Current Market Position The asking price of CAD$430,000 positions this example competitively within the current Ferrari 365 GT 2+2 market. Recent comparable sales and market data show:

• Similar examples trading between USD$225,000-375,000

• Premium commanded for documented restoration work

• Strong appreciation trend for Enzo-era four-seat Ferraris • Growing collector interest in grand touring Ferraris

Value Drivers

• Documented restoration and maintenance history

• Matching numbers verification

• Desirable color combination

• Complete tool kit and documentation

• Known provenance through respected dealers

Ownership Experience

Driving Dynamics The 365 GT 2+2 offers a unique blend of performance and comfort:

• 0-60 mph in 7.1 seconds (period testing)

• 152 mph top speed capability

• First Ferrari 2+2 with self-leveling suspension

• ZF power steering for effortless control

• Sophisticated independent suspension

Practical Considerations

Despite its status as a classic Ferrari, the 365 GT 2+2 offers surprising practicality:

• True four-seat capacity

• Generous trunk space

• Modern power assists

• Effective air conditioning

• Proven mechanical platform

Maintenance Considerations

Mechanical Servicing

• Regular maintenance requires Ferrari specialist expertise

• Major services recommended every 30,000km/18,600 miles

• Timing chain tensioner inspection crucial

• Carburetor synchronization essential

• Cooling system maintenance vital for V12 longevity

Parts Availability

•High-Quality Sources a Must

• Ferrari Classiche program access a possibility

• Established Ferrari specialists

• Original Borrani wheel specialists

• Italian trim suppliers

• Specialized European parts networks

Investment Potential

Market Trends 2021-2024

• Steady appreciation for Enzo-era Ferraris

• Growing interest in classic GT models

• Premium values for documented examples

• Strong demand from new collector demographics

Future Outlook

• Continued value appreciation expected

• Increasing rarity of well-maintained examples

• Rising restoration costs supporting values

• Growing appreciation for grand touring capabilities

Community Resources

Owner Support

• Ferrari Clubs of North America

• Ferrari 365 GT 2+2 Registry

• International Ferrari Meet events

• Specialized Ferrari technical forums

Technical Support

• Factory-trained specialists in major markets

• Dedicated Ferrari restoration facilities

• Historical documentation services

• International parts networks

Conclusion

This 1970 Ferrari 365 GT 2+2 represents an exceptional opportunity to acquire one of Ferrari’s most significant grand touring models. With its documented history, comprehensive restoration, and outstanding presentation in Blue Sera over red leather, it stands as one of the finest examples available in North America. At CAD$430,000, it offers strong value for a premium classic Ferrari with both investment potential and genuine usability.

Enjoy this excellent video with Autosport Designs’ Tom Papadopoulos, showing the car in action with his expert commentary:

Here is a walkaround video from Autosport Designs:

Note: all specifications and described elements are subject to verification upon inspection.