I am looking hard for a project 308 glass-fibre car to restore. Must be a dry sump model. Finding it hard to source a restoration project car, by which I mean non rusty solid structure, complete, and never crashed. It can be very worn out otherwise. My question is - what is the range of values for these cars? I have found some goodish drivers or close to driver cars, but haven't been able to find a car I'd consider a project. The cars I have seen have been on the market for a considerable time. Does anybody know of any recent sales and what prices they achieved? Does anybody know how much the wet sump car from craigslist last month sold for, and whether there is much of a difference in value between the wet and dry sump cars? Does anybody by any chance have the car I am looking for at a fair price? (I know it makes more financial sense to buy a good one. I want to restore one.) Thanks, David
i have been working on closing the deal on a 76 glass 308 GTB dry sump for the last 2 months now, looks like i am going to get it, it needs work, but it aint cheap thats for sure. If the deal falls through, i will let you know. In the process, i have been looking on the internet for price comparison and just to see what is out there. I have not found another for sale in any condition. I have a mint Euro steel 308 GTS wet sump, and i cannot find another one of these for sale anywhere either..
Thanks, Do you mind telling what sort of price level it is and corresponding condition? If you want to wait until the deals through thats OK, and if you want to keep it private thats OK too. Thanks Again.
You missed the Mustang Ranch car... glass wet sump $50K glass dry sump $50K - $60K maybe, hard to say with NONE in the market..... good luck on your chase, cavallino nero!
$49K asking for the decent dry sump at Forza, as dstacy mentioned. It has been sitting a bit, maybe because it's winter and in Connecticut.
It's that funky ceiling console........BAD idea! They should fix that........it'll move by Spring, maybe......
Yep, ugly stuff. Looks like an old radio (?!). That's all any 308 needs, is to have that robust electrical system extended through the roof. Also the weird color. Paint it black and someone might buy it.
Thanks Bubba & Jon, Big Tex : I knew about the Mustang Ranch car thanks to FChat, but I want a dry sump car. I assume those values you gave are for good driver condition? Bullfighter : I also know about the Forza car, but I think its a bit too good for a restoration project. What do you think, I have been advised its worth spending extra on a good car to start with. But I don't think it makes sense to go with one that good. Do you know what the Mustang Ranch car actually got and how bad it actually was (I have read the thread), and do you think its realistic to find a complete uncrashed unrusted very tired dry sump car for $25000 -$30000? Thanks Again, David
Yes, that would be top market numbers, IMO... They are ALL Project cars!! LOL! I'd get in touch with Bill Noon at Symbolic.....and find a buyer in Europe to search there for you.. I think the USA dry sump mine is about played out..... the folks that have them are keeping them for the most part.......with the market playing upwards I don't blame them...... I doubt the Mustang Ranch car had a revivable engine...BIG maybe....
http://www.forzamotorsports.com/photos2.htm He's got a hard looking car with the wrong mirrors, front spoiler tapped for plates, side markers put in the worst possible places, and the interior is just odd. He's got a hole where the radio is and a ceiling console with switches. He has $49500 posted. Right now there are no cars out there. At Cavallino there was only one fiberglass 308.
Ferrari Market Letter reports that only 100 wet sump cars (plus or minus) came into the USA. I believe there were over 300 total dry sump cars, none US spec. Total production of fiberglass 308's was 712. I'd hold out for a US car. There was a reason the dry sump design was replaced for the 308 line. That's just my preference.
You could pick up these in Italy, not really restoration projects! http://www.autoscout24.it/ita/detail.asp?id=74737491 http://www.autosupermarket.it/auto.xhtml?knd=full&mar=33&mod=&stato=0&uni=&skip=10&clickspaceUD=N081048
Thanks DEROLEZ! There you go, market correct at 45,ooo euro....I just pulled my $60K number from the air.....not bad!!!! So there you go.....TWO for sale today, in the whole world! I wonder where the lime green one is, from Bonham's Gstaad a few years back?
Thanks for the further opinions and DEROLEZ for the two Italian cars. Oddly, all the cars I have found have been roughly at the Italian Cars price and condition level. There are quite a few on sale now at this level. However, I haven't seen advertised any truly excellent cars apart from one and I haven't seen any projects. For those interested there is an original 4,600 mile Dry sump car for sale.
In Switzerland there are some glass cars around for a certain amount of time. The Autoscout24.ch page doesn't allow deep linking, so select Ferrari under "Marke" and type in 308 right beside it. When the search is done, select the expensiest ones. By now, those are 5 of them, staring at 62000 CHF which translates to about 50000 USD
What he said. IMO, the Forza car is a project car, but a nice driver. I considered it then passed - I like to show my cars. Also, it's a Euro car and a headache for me to import into the People's Republic of California. If you just want a driver, the Forza car isn't much of a project. To get to a platinum level... it's a project car.
All this talk of $50K glass cars makes me wish I had bought one a few years ago, and gets me thinking about doing the unthinkable and "investing" in one now. Birdman
Cost and smog reasons, certianly not to improve the car. The twin distributors wont fit with a dry sump tank and you cant fit 4 points under one cap for the hokie retarded and advanced point setup they needed for smog, not to mention the smog pump location either. Dry sump was scraped to make the car legal in north america. Also buy the best one you can find otherwise you will discover the rust hiding in the rockers and the inner structure under that nice rust free fiberglass shell during your restoration. The better the car is you start with the better it will be when you are done and the extra initial up-front cost will be off-set by the savings of not having to buy many unique and expensive items that are worn out or missing on the lame worn out turd you bought in the first place. Buy the nice one, restore it and be merry.
ShaiHulud, Thanks for that site. Hadn't found it before. Switzerland being outside the EU would make Swiss to UK import a little more difficult than in the free market and I am guessing a lot more paperwork. However, its a big market so I should be looking there. Any UK FChatter ever imported from Switzerland? I am guessing the taxes are 17.5% of the invoice price using transaction date exchange rate and a separate import duty. Is that right, anybody know the tax rates for sure? Bullfighter : I think you are confirming what I was thinking on the Forza car. Too good for a complete high level restoration. It would be a nice car to use for a restoration, but too expensive to justify. I hope this is sensible thinking, begining to think its not realistic.
