| Author | Message | ||
| Peter Sedlak (Peters)
Junior Member Username: Peters Post Number: 88 Registered: 1-2003 |
Please read my post titled Value of my '77 308..... | ||
| Pat Pasqualini (Enzo)
Member Username: Enzo Post Number: 316 Registered: 2-2002 |
I got an e-mail back from Gullwing on the car. They said that the injectors didn't work and there was a knock in the engine and possible some bearing problems. | ||
| Frank Parker (Parkerfe)
Intermediate Member Username: Parkerfe Post Number: 1986 Registered: 9-2001 |
Cheap and Ferrari NEVER go together ! | ||
| Horsefly (Arlie)
Member Username: Arlie Post Number: 868 Registered: 5-2002 |
Say it ain't so Martin. Only $7000 and you missed it. We now must bow our heads for this sad loss of a bargain. I'm sure that JRV would have given you $8000 for it because he knows that those bargain 308s aren't worth any more than that. See Martin, you lost out on a $1000 profit! | ||
| Paul (Pcelenta)
Member Username: Pcelenta Post Number: 280 Registered: 7-2002 |
the gullwing car was probably bought at auction for under 10k....on the subject of rebuilding...if one were on a budget, one could do a quick and dirty rebuild ie: re-ring/reseal/cam belts on a cheapie car like this and not be in the hole too much...a friend of mine had a place in NJ do this for $6500 on his 79 gts....included a rebore for new larger Borgo pistons...while it wasn't the balanced and blue printed type of rebuild I would prefer...the car ran great and was fast as stink. | ||
| Tillman Strahan (Tillman)
Member Username: Tillman Post Number: 463 Registered: 11-2001 |
They are chromed stock 328 wheels. The previous owner had them chromed somewhere on the left coast. I have the info in a stack of papers if you're interested -- contact me via email. | ||
| David W Burnett Jr (Dbdreams)
New member Username: Dbdreams Post Number: 17 Registered: 3-2003 |
Tillman I saw your car in you profile. Good looking car & I really like you wheels. Are they chrome? If so where did you get them? David | ||
| Tillman Strahan (Tillman)
Member Username: Tillman Post Number: 461 Registered: 11-2001 |
A running but rough 308GT4 just sold here in the DFW area for a rumored-but-probably-very-close 6K | ||
| Martin - Cavallino Motors (Miami348ts)
Advanced Member Username: Miami348ts Post Number: 4043 Registered: 5-2001 |
I just lost out on a 308GTS (carb) with some 50K Miles, had not been running since 1988, then due to a fuel pump blown. The car sold under my fingers for $ 7K. so here you go! | ||
| Henryk (Henryk)
Member Username: Henryk Post Number: 579 Registered: 8-2001 |
I would easily buy a "ratty" 308 that needs an engine rebuild......provided the interior and exterior are in very good condition. These parts are MORE expensive than the parts required for an engine rebuild. There has to be GREAT 308s that all of a sudden, had the engine go. This would be the car to buy.......at a decent price. Remember, when the engine is rebuilt, you now have a nice car with another 100,000 miles on it.......provided the engine was rebuilt right. Since this is questionable, the price will still be low. I believe, that repairing the body, etc., is always more expensive than repairing the engine. | ||
| Mark Eberhardt (Me_k)
Member Username: Me_k Post Number: 429 Registered: 5-2002 |
Dave, http://www.italianauto.com/ Mark | ||
| David W Burnett Jr (Dbdreams)
New member Username: Dbdreams Post Number: 16 Registered: 3-2003 |
Mark, Does Italian Design have a website? David | ||
| J. Grande (Jay)
Intermediate Member Username: Jay Post Number: 1155 Registered: 10-2001 |
Someone I know bought a running 308 for $10K, interior was ratty, suspension siezed and there was no shine left to the paint but it was running. These cars are out there for $10K and under, you just gotta look for them and be prepared to bend over when you fix them! | ||
| Mark Eberhardt (Me_k)
Member Username: Me_k Post Number: 428 Registered: 5-2002 |
That's pretty much it, at some point they are worth more in parts than running. Arlie, I've see Butch at italian design turn up a few runing car with banged bodies, or good bodies with bad engines for around $12k-$15k, you might want to check with him if your serious about finding a project car. | ||
| Robert McNair (Rrm)
Member Username: Rrm Post Number: 252 Registered: 5-2002 |
Ken your reply hit the nail on the head. | ||
| Ken (Allyn)
Member Username: Allyn Post Number: 782 Registered: 10-2001 |
This is becoming silly. As long as there are 308's in good condition, the beaters are just parts cars and no one sells them for $8000. Those 308's will become valuable when there aren't enough good ones to meet demand. That time will come eventually. Cars that are very rare have value as beaters because even if the cost of restoration is more than the car is eventually worth, those who want that particular car will choose the restoration route. This is the case with my Lotus Europa. I'll never get out of it what I put in but because this was the car I wanted, it's worth it to me to spend what I've spent. Pristine Europas are impossible to find. But there are enough nice 308's around that the beaters have no restoration value. I would venture any complete 308 is worth about $15k as a parts car. Can you say "recreation fodder" anyone? | ||
| Horsefly (Arlie)
Member Username: Arlie Post Number: 864 Registered: 5-2002 |
JRV, your arguments ring hollow until you can actually show me anybody that is selling an intact 308 for $8000 that needs an engine rebuild. Anxiously awaiting the phone number of the seller. | ||
| JRV (Jrvall)
Intermediate Member Username: Jrvall Post Number: 1159 Registered: 11-2002 |
>>you all know GOOD and WELL that there is NO WAY on planet Earth that you would sell that car for $8000. You all talk about how cheap they SHOULD be priced at because they need engine work, but you would never sell a 308 for that cheap and you know it, << Well guess what...as long as there are punch drunk dreamers to come along and pay way to much for the beaters why take the loss when they gladly will. And if you're a good enough salesman you can •••• them really hard and make them like it. Of course I've seen more than a few cases of buyers remorse. ;-) | ||
| Horsefly (Arlie)
Member Username: Arlie Post Number: 862 Registered: 5-2002 |
JRV (and others), what you say about taking a 308 needing work and pouring money into it may be true about the total cost involved. HOWEVER, if one of your forgotten relatives left you that 308 listed at Gullwing Motors and you got it for FREE, you all know GOOD and WELL that there is NO WAY on planet Earth that you would sell that car for $8000. You all talk about how cheap they SHOULD be priced at because they need engine work, but you would never sell a 308 for that cheap and you know it, even if it DID need engine work. Get real. Can you call up Rutlands or any of the other parts places and tell them that you want a completely intact 308 for $8000? HAH!!! Fat chance of that happening. | ||
| Greg Rodgers (Joechristmas)
Member Username: Joechristmas Post Number: 702 Registered: 3-2001 |
Where are the other pics of the car? I looked on the site. Did they send them to you? | ||
| Robert McNair (Rrm)
Member Username: Rrm Post Number: 251 Registered: 5-2002 |
Thanks for the heads up guys. I did a search on this site for gullwing and saw your thread about the test drive in the mondial Dave. Something like this would be too big a project for me but I thought someone else may be interested. | ||
| Bruno (Originalsinner)
Intermediate Member Username: Originalsinner Post Number: 1055 Registered: 5-2002 |
BEWARE of Gullwing !!!!!!!!! They are never as good as they say etc.etc.etc. | ||
| djmonk (Davem)
Junior Member Username: Davem Post Number: 204 Registered: 1-2002 |
Robert. I would be wary of Gullwing motors. Looked at a Mondial there that was FAR from represented. Most of their cars need work, they really specialize in overpriced project cars. As far as buying a fixer-upper to pay as u go, remember u cant drive an enjoy a car that doesnt run. You would be better off saving your money an taking that time to look for a better deal that you can drive an enjoy the day you buy it. | ||
| Robert McNair (Rrm)
Junior Member Username: Rrm Post Number: 250 Registered: 5-2002 |
I didn't get a chassis no. DR. Cosgrove. | ||
| JRV (Jrvall)
Intermediate Member Username: Jrvall Post Number: 1157 Registered: 11-2002 |
>>However some people enjoy projects like this and would like to do the work themselves so they know what they have when the project is completed.<< True that's one way of looking at it...here's another... You take and put $10K-$15K down on a near pefect car..finacing the balance and 'you know what you have when you start' instead of what might happen someday....ya have to pay for both, either way ya slice it... | ||
| Greg Rodgers (Joechristmas)
Member Username: Joechristmas Post Number: 701 Registered: 3-2001 |
What is the link to it? I found a running 2V inj. for $16,600. Not in great shape though. | ||
| Dr Tommy Cosgrove (Vwalfa4re)
Member Username: Vwalfa4re Post Number: 802 Registered: 5-2001 |
Tanks for the pictures, Robert. It seems that there is a lot of good car left in it. Problem is you have to be a mechanic to afford it. Did they tell you the chassis # ? | ||
| Mark Eberhardt (Me_k)
Member Username: Me_k Post Number: 427 Registered: 5-2002 |
If I were in the market, I would consider it. But 17.7 is definetly at the high end for a car that needs an enginge. If it is rebuildable and you can do the work yourself, it will still cost you $4k-$5k in parts. As Ben mentioned, if you would want to do a hotrod (high output or supercharged) engine anyway, your saving money. If you want a nice clean stock car, it will cost you more. | ||
| Ben Cannon (Artherd)
Junior Member Username: Artherd Post Number: 225 Registered: 6-2002 |
Could always 288GTO it (or otherwise hot-rod it with a higher-output Ferrari drivetrain.) If you just return it to stock, I don't think it'll be so financially effective. Good 308s can be had in teh $30k range today, which is just awesome. Just about no excuse not to own an F-car (I know! I know! Soon as I have the garage to keep her in I will pick my baby, promise!  Best! Ben. | ||
| Ming Cheng (Onlinesys)
Junior Member Username: Onlinesys Post Number: 239 Registered: 5-2002 |
Peter(PSK) -- One of the Sunday morning drive buddy who is an expat in HK from NZ just got a clean and good condition 308 for US$20k. What a bargain! | ||
| PSk (Psk)
Member Username: Psk Post Number: 270 Registered: 11-2002 |
Some people also do not have large enough funds to go out and buy the best 308, but they could afford to buy this car and slowly rebuild the motor ... say over a couple of years, and thus end up with a nice little 308. Thus it takes all sorts, and I myself are always looking for a car with a dud engine but good otherwise as bodywork is such a pain in the arse to fix ... and engines are fun to play with. Unfortunately as I am into Italian cars, it is er, nearly impossible in Aussie and NZ to find a rust free Italian mobile!  Pete | ||
| Robert McNair (Rrm)
Junior Member Username: Rrm Post Number: 248 Registered: 5-2002 |
I think we all realize that buying and restoring a Ferrari is going to turn you upside down pretty fast. However some people enjoy projects like this and would like to do the work themselves so they know what they have when the project is completed. | ||
| JRV (Jrvall)
Intermediate Member Username: Jrvall Post Number: 1156 Registered: 11-2002 |
>>> Now watch some wiseguy say that it should be parted out because the engine rebuild work would be too expensive and that you could find a better car. << Uhhhh..OK...10K for a rebuild + any ups and extras to fix anything else Mr. Blew Up The Motor might have screwed up while he was trashing the engine makes the car worth about $8 Grand, unless the next guy wants to be buried. Oh...but that PIG sure has nice Lipstick on...SMOOOOOOOCCHHHHH!! | ||
| Horsefly (Arlie)
Member Username: Arlie Post Number: 861 Registered: 5-2002 |
The photo on their web site sure looks nice. Wish I could find something like that closer to home. Now watch some wiseguy say that it should be parted out because the engine rebuild work would be too expensive and that you could find a better car. | ||
| Robert McNair (Rrm)
Junior Member Username: Rrm Post Number: 247 Registered: 5-2002 |
I had mentioned in another thread that I had come across a 308 at gullwing motors for 17.7. The car looked decent and it was stated in the ad that motorwork was needed. I e-mailed them last night asking if they had any p.work on the car and what motorwork it needed and also for more pics. They sent me more pics and the body and interior on the car look really straight and clean. They replied that the body/interior of the car are in good condition and didn't mention the engine so I'm figuring it probably needs a rebuild. Has anyone seen or know of this car. I most likely won't buy it but I thought someone else may be interested. I hate to see a 308 go to waste. |