The latest look back at old classified advertisements features a 1960 Aston Martin DB4GT offered for sale in the March 1987 issue of Hemmingsfor $59,500.
The Aston Martin DB4GT was a special lightweight, high-performance version of the DB4. Introduced at the 1959 London Motor Show, the GT featured a thin, lightweight aluminum body and enclosed headlights. The wheelbase was dramatically reduced five inches from a standard DB4, in an effort to improve handling and to further reduce the weight.
The Aston Martin’s 3670 cc DOHC straight six cylinder engine was upgraded with a new twin-plug head, triple Weber carburetors and higher compression, resulting in 302 hp. Top speed was 153 mph with a 6.1 second dash to 60 mph.
In total, 75 GTs were built in this body style, plus 19 Zagato bodied cars and one Bertone-styled car christened the Bertone Jet.
This particular 1960 Aston Martin DB4GT, chassis 0112, is reported to be, “correct and original in every detail, ready to race or tour.” The seller also rightly states that the DB4GT “is competitive with the 250 SWB Ferrari at a fraction of the cost.”
Chassis 0112 was last publicly seen at the Coys auction in 1996 where it failed to sell at $135,900. The Cars That Matter September – December 2008 price guide suggests $1,150,000 – $1,500,000 for an Aston Martin DB4GT, while another GT did not sell at the Bonhams Quail auction in August, despite a high bid of $1,200,000.
If you bought the Aston Martin DB4GT for $59,500 in 1987, then your investment would have returned approximately 16% over 21 years.