Its 2020, 2 Ferraris, 308 VS 328????

Sorry for the delay - I see you posted this 15 minutes ago.

I'd guess the 328 will continue to rise, slowly given the economy, as will the 308. The spread between the two models will probably stay about the same, $10K-$20K. We can debate the merits of big rubber bumpers, and toggles versus knobs, but ultimately the 328 is the best blend of affordable maintenance and dependability in the Ferrari lineup, short of an F430 under warranty (which is more expensive). I don't see the 308 as 'vintage' and the 328 as 'modern' - they're both in the post-Daytona era.

As much as I like Magnum, I think it's irrelevant to most normal people now, and I've also heard red 328s referred to as 'the Magnum car', because people can't tell the difference.

I've probably written a hundred posts saying this, but none of them today, so here goes: Great 308s and 328s are hugely underpriced right now. Look at what comes before them (Dino 246 ~ $150K++) and after (348 anyone? 355 with the mystery valve guides, headers, F1 clutches, etc.?), and look what else you can buy for $50K (base Boxster anyone?). Again, with a probable recession around the corner, I wouldn't count on Ferrari prices rising. But if you want a Ferrari right now, and you have <$100K to spend, there is only one sane choice. It also happens to be the best-looking, most iconic, most reliable and most 'economical' (in Ferrari terms...) of the lot. No airbags, no motorized mouse seat belts, and in the case of the 328 no 5mph bumpers.

We will never see cars like this again. Period.

 

Let me dig in, dust off my crystal ball and read and learn.

The smoke clear'd in the crystal ball and said that Carb'd 308's higher than 328. Looking closer it says it would get a 10% pemium over the 328.

 

I think that late QV cars and 328 will always be the top of the heap, with the exception of glass cars. Performance, maintenance costs, and reliability are very close. I also anticipate that they will be pretty even as pricing goes, with a potential buyer deciding if he wants the more modern 328 or the vintage look of the 308.

 

I wish all of you guys would just give it A REST......

Can't you once extoll the virtues of Mondi 8's or 412's????

HOW DIFFICULT COULD THAT BE, HUH ???

Sheesh. Pipe down.

Give it a year...

 

Easy there, we haven't had a go at this one since 2007.

 

Look at the BB. Aside from the first, three taillight version, given the same milage and condition aren't carbed and 'i' versions around the same or is one generally more than the other?

A better electrical system and the more reliable nature of injection will win out over the more classic look and feel and the carb sound. But I admit my bias towards those things may do more with that statement than any particular reasoning.

+1 Sheehan will call 308 and 328 investments when they reach $100k.

-F

 

The 365 is a rare animal, and very different car. I think it's significantly more money, but mostly you just don't see them for sale.

Between the 512BB and 512BBi, which are much commoner, I believe the BBi's sell for slightly more. There was a market feature by Sheehan in a recent issue of Forza, and I think he had them at about the same price.

If you follow the Boxer forum here, you'll see a few comments by Boxer owners who specifically wanted the BBi for its driveability (Dave Bendl is one - beautiful black/tan Boxer in the Chicago area, IIRC.)

 

ROLMAO !!! Wonder where you read that



Im going with the 89 328 with the ABS.

 

I'd just like to be able to afford one before the inevitable price hike. Talk like this just makes it worse on us poor have-nots. Mind you, once I'm posting photos of my own, I'll wade in immediately with comments supporting imminent 6 figure resale.

 

I'm going to side with Bullfighter.

Going on history of not just F-cars, but of all vintage/classic cars, collectors tend to value the top performing cars of each generation. 328s are considered an extension of the 308s. The increased horsepower, more reliable electronics will translate to more money.

Now I know there are a lot of people who will argue that carbed cars will go for more, because carbs link the 3X8s to more valuable Daytona, 275, 250...but history suggests that the addition of fuel injection will help the value. Aside from obvious references to Mercedes 300SL and Chevy/Pontiac fuel injection cars from 1957, there are other cars which benefitted from value jumps with injection (despite only small increases in hp.) For instance, price Fiat Spiders carbed-vs-FI or BMW 2002s c-v-fi. Essentially, while carbs are considered cool on early cars, collectors value the reliability of FI.

This being said, one might suggest that the small number of 308 GTB glass/dry sump cars will draw the most money at auction. After that, I would guess that 328s and glass 308s will be about the same, with QVs right behind, then carbed 308s, then 2v injected. My only point of doubt is whether the later convex-wheeled ABS 328s will draw a premium, which I think they will, albeit a small one (by maybe five to ten percent)

In collector sports cars, it's all about performance, performance, performance. Rarity is fine, provided that it corresponds to a rare performance option. At the end of the day, the 328s were the highest performance of the series --and like the 1967 Corvette or 1968 Healey 3000, prices should reflect this final evolution.

Of course, I could be wrong.

 

You've got time. It'll be interesting to see what happens once we're back in the selling season, but I'd guess there will be a gradual rise, not the idiotic speculation we saw back in the late '80s when 328s were going for $150K.

 

Definitely have time. The general rule is "20 years to the bottom, 25 years from the near end of series production for prices to climb and 30 years from that same point to soar."

Figure that you have at least 30 years from summer of '87 (mid 328 production, and towards the end of 308-328 production) before prices will skyrocket. You have another four or five years before prices start making significant movement and nine or ten before we see them up with the 246 GTS Dinos.

 

Bullfighter was right on the money back then.

I think the 328 will still rise. Especially highly sort after, well cared for examples.

 

Living here in the USA, we are a little in the "bubble". Take a look at 308 / 328 prices in the UK and Europe. Not to mention South Africa, Australia, Hong Kong, etc. Over $100,000 cars are the norm. They are asking for over 100K pounds in the UK, and that is about $125K here. Cars here in the USA have almost always been less expensive than anywhere else. So while we may be languishing in the price range battles, take a look at what cars are bringing at some of the "better" auctions overseas. RM/Sotheby's, Gooding's, etc. And lastly, American owners spend and expect much higher levels of quality in a "Concours" quality car than overseas. Almost to the ridiculous levels seen at Pebble Beach, Amelia Island, etc. Lastly, the simple fact is that more Americans, have much higher levels of disposable income than anywhere else in the world. Just visit a weeklong Woodward Cruise in Detroit to see for yourselves how much money we put into our cars. We may not get it all back now, but if Porsche prices are anything to go by, Ferrari's are not going to get cheaper. No one is making replacements for iconic classis cars.... least of all Ferrari's. My 20 cents worth...

 

Something I haven't seen mentioned and although I'm not sure of the current status I believe there is a California bill in the works to change the smog exemption cutoff from 1975 to 1979. If that were to happen it would open up a huge market for the carbed cars and probably drive up their values.

 

Thinking about relative desirability rather than absolute prices, with the exception of the gtb dry sump cars I do think ultimately the 328 will become the most sought after. Not based on anything other than gut feeling, I think in the UK the carb 308s are still probably a bit more desirable than the 328 but the points made about usability and being the last of the line might well win out in the long run.

Although the prices being asked have gone up a lot, to my biased eyes I still struggle to see anything else as desirable at anywhere near the same price bracket. Of course, that does not mean they will continue to rise, and generally I am not a good picker of cars that will rise (or indeed any investments)

 

3X8 values are frustrating me.

It may be they hit their ceiling last year. I think I will never live to see even bad ones always go in the 6 figures like the 250 GTEs finally did.

 

Interested in what evidence this is based on. Have you attended any concours events in the UK or inspected the work performed by specialists such as DK Engineering or Barkaways?

 

One thing is clear on car values, which is value has very little to do with how good the car model actually is.
Performance, useability, reliability and maintenance costs are largely irrelevant and become less relevant as the model ages. The 246 Dino has risen far more than cars which have these attributes.
So the 328 will only rise because its the last of the line, and no other reason. The QV, and carb cars will rise more owing to the rarity.

If how "good" the car is were a factor, my concours Lotus Turbo Esprit would be worth as much as my concours 328 as its just as good a car, or better. But in fact its worth one-fifth of the 328.

 

Some of the cars we have here in Australia are of world standard, both in terms of one owner, unrestored, time capsule examples as well as those restored examples that are real Pebble Beach contenders.

 

In all discussions last 10 years about the prices of 308, 328, GTB or GTS it is written that 308 and GTB is what will be or become the most expensive of them all. Of course is the Vetroresina an exception but else was and is the 328 (at least in most European countries) average the more expensive one and has the GTB not made better prices than the GTS. My perceptions is that average higher prices are made for the GTS despite the fact that 5 to 6 times more 328GTS cars are produced than GTB.
I had a 308 GTB (1978) earlier that I sold around 2000 and few years after I was looking for one again since I missed the 308 a lot, however I just looked after a good 308 or 328 and GTS or GTB as long as colours and conditions were o.k. Nor the 308 or 328 are real performance cars today just fun to drive, to own, to maintain and to look at but in all reality I noticed that the 328 drives better and is notible faster.

 

You make some good points. Even though there are far more 328 GTS's over GTB's I still believe the GTS will ultimately be worth the same or more for the simple reason that people liked the GTS more (hence why they made so many more) and so collectors will want to buy the car they would have bought new back in the day… the GTS.