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Rare Alfa Romeo Stuck in Basement for 35 Years Sold for $650,000 After Owner’s Death

AlfaA rare beauty was found in a basement in Turin, Italy of a mechanic after the owner passed away in November. The mechanic appears to have lowered a rare 1962 Alfa Romeo Giulietta SZ down to the basement with an elevator, and then when the elevated broke, never repaired it. Fewer than 200 of that model are believed to have been made.

The mechanic died with no will and no heirs, so the government was able to claim the rare car. Worked removed the car with a crane and promptly sold it at a nondescript auction house for an incredible $650,000. That’s one of the highest prices ever paid for the model, and above the Hagerty Price Guide estimate for a show-quality example – all of which goes straight to the Italian Treasury.

See Gary Gastelu, Rare Alfa Romeo Stuck in Basement for 35 Years Sold for $650,000 After Owner’s Death, Fox News, February 7, 2019.