I know of one going through a 2.5 yr complete nut and bolt restoration that is almost complete and potentially come for sale. The first digit is a 3 though, you can PM me if you wish to call for details.
Yea, for some reason I don't see a GTB Euro that just spent 2+ years in restoration being listed for sale at $30,000. Call me crazy.
Why would anybody in Ohio want to import a car?, terrible weather, terrible roads, etc etc...thats just a bad idea, btw, stop over the house sometime, I have a couple cars I will sell you
It looks like a Eurspec steel dry sump is commanding this price. We aren't talking about a nut and bolt restoration, just a nice presentable driver. A car needing a complete restoration would require around 70k. The Euro dry sump in nice condition if you can find one probably is worth 200k.
A steel Euro dry sump 308 in nice condition would be worth $200K? I hope so but that seems a bit optimistic.
Do the math when you find one in Europe and convert the exchange and ship it. It's hard for people to wrap there head around things, but the reality is "nice condition" is a relative term. As cars become more rare , if you are 55 and you want the car , money is not the motivator .... Time is No way would I let my glass go for 200, many boats have sailed.
Getting ready to send my 1978 Euro spec GTB to Russo & Steele in January, but willing to talk to private parties first. Modified (supercharged, intercooledr, 17" modular wheels, Electromotive programmable electronic ignition and fuel injection, Brembo brakes, racing shock/springs, urethane bushings, fire suppression system). Dyno'd at 384hp at 8lb boost (adjustable). I am in NJ. Look for a more complete ad in FerrariAds section in the next couple of days. Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login
I get that the Euro market is hot, but it doesn't seem like that has translated to the US market except maybe in rare cases. I agree they are on the rise, but I still don't see $200K for a steel 308. Then again, I'm not going to complain if they do start going for that. I think they should have been worth more all along. But time will tell I guess.
You are correct, I meant to say Euro glass dry sump. From my standpoint and everyone can offer their thoughts, the 308 and 308 GT4 are in a unique position right now. The last of the vintage Ferrari's, i.e. all the 2+2's are all now north of 275k and their is a void in vintage Ferrari's in the lower price range. Most modern Ferrari's from the last 20 years are depreciated and less than 100k. This leaves the 308 to get re-evaluated. The days of the 20k 308 are gone and 50k is now the new normal. But a 50k car still needs work. The cars are almost 40 years old, have been driven, used and enjoyed so they need work. Therefore everything gets priced accordingly. If a tired carbed US spec 308 with good bones but in need of work starts at 40k then as the quality of the car goes up we approach 6 figures. The leaders of the pack, i.e. Euro dry sump glass, US glass, and the Euro steel dry sump start at 100k and end up somewhere close to 300k if they have a full nut and bolt rotisserie restoration. Most would argue they are not worth 300k but when having a rotisserie restoration done the hours and parts don't get discounted because it is a 308.
