Official 328 GTB/GTS Market Thread | Page 6 | FerrariChat

Official 328 GTB/GTS Market Thread

Discussion in '308/328' started by buckminster, Jul 1, 2013.

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  1. Fairview

    Fairview Formula 3

    Mar 16, 2009
    1,109
    Waynesboro, Virginia
    Full Name:
    Jeff Ward
  2. andyww

    andyww F1 Rookie

    Feb 7, 2011
    2,775
    London
    Values go up when demand exceeds supply. Its easy to understand why, as in the case of the 246, values can rapidly climb once the snowball has started rolling. More people see them as a good investment meaning more buyers, prices go up, they are seen as an even better investment, it all takes off.

    Whats hard to understand is what kicks off the ball in the first place. There must have been something which started the 246 ball rolling. Was it a series of magazine articles, something in investors guides, some respected commentator advising to purchase, what?

    Of course this kind of bubble always bursts though and 246 buyers going in at the top of the market would need to be very careful.
     
  3. Falcon

    Falcon Formula 3

    Aug 19, 2008
    1,304
    New England Region
    Full Name:
    Falcon
     
  4. spirot

    spirot F1 World Champ

    Dec 12, 2005
    15,112
    Atlanta
    Full Name:
    Tom Spiro
     
  5. spirot

    spirot F1 World Champ

    Dec 12, 2005
    15,112
    Atlanta
    Full Name:
    Tom Spiro
    I agree... Mustangs and Henry Ford ... dont really jive, but the duce was around at the time and he is the one who sanctioned the Mustang...
     
  6. miketuason

    miketuason F1 World Champ
    Owner Silver Subscribed

    Feb 24, 2006
    15,807
    Cerritos, CA.
    Full Name:
    Mike
    #131 miketuason, Oct 15, 2013
    Last edited by a moderator: Sep 7, 2017
  7. Falcon

    Falcon Formula 3

    Aug 19, 2008
    1,304
    New England Region
    Full Name:
    Falcon
    If the Duce counts then so does Peiro.
     
  8. Falcon

    Falcon Formula 3

    Aug 19, 2008
    1,304
    New England Region
    Full Name:
    Falcon
     
  9. Dr Tommy Cosgrove

    Dr Tommy Cosgrove Three Time F1 World Champ
    Owner Rossa Subscribed

    May 4, 2001
    36,420
    Birmingham, AL
    Full Name:
    Tommy
     
  10. fstarr56

    fstarr56 Rookie

    May 21, 2013
    31
    Tonawanda NY
    Full Name:
    Fred Starr
    Once the current dolt is out of the White House and the US economy has a chance to recover all classic cars will get a nice jump in value. Just sayin...
     
  11. PBE624

    PBE624 Formula Junior

    Jan 18, 2005
    396
    De Panne Belgium
    Full Name:
    Frank
  12. nerofer

    nerofer F1 World Champ

    Mar 26, 2011
    12,083
    FRANCE
    Frank,

    My advice would be to be careful with Ferrari 328s sold by Artcurial, as I have reservations about the last two.
    They sold 78867 in Oct 2011 and it has been for sale at least four times since, which is not a good thing...
    and they sold 78113 in Oct 2012, which was in fact an ex-driving school car...and that was not disclosed.
    So if interested, do your homework before: ask for the complete file, and a full check-out of the car.

    Rgds
     
  13. PBE624

    PBE624 Formula Junior

    Jan 18, 2005
    396
    De Panne Belgium
    Full Name:
    Frank
    Thanks,

    after having had 3 F-cars (2x 308 and 1x 328) not planning on buying a 328 or 308 in near future as still have my money invested in less mobile things... ;-)

    But still like to keep up with what goes on in the market.

    Appreciate your feedback about Salon Singen... . I said to the salesperson that in my opinion, the car was worth about 75,000 EUR, and it would probably still need about 8,000 to be invested to make it 'roadworthy'. He understood my point of view but they are only broker for the seller so really depends on what seller wants.

    Cheers,
    Frank
     
  14. nerofer

    nerofer F1 World Champ

    Mar 26, 2011
    12,083
    FRANCE
    I have had a very short exchange of E-mails with the seller when the car appeared on E-Bay; as I wrote yesterday, it was advised for 110.000 euros by the seller; he told me it was 83117, which, except a surprise, is the next-to-last 328 (last is 83136).

    As written yesterday, a quick calculation shows that 110.000 euros is about the actualised value today of the price of the car in '89, taking only inflation into account.

    A fair number of the last 328 produced, especially '89 cars, has been immediately stored after been bought, including the twin sister of the car above, 83116, which was sold at an auction by Bonhams in 2007 with only 99 delivery kms on the odo.

    It is easy to see that the "Auto salon singen" car is indeed 83117, as the number is engraved/tatooed in the windshield lower driver corner, and can been seen on one of the pictures.

    I think 60.000 for a very low miles 328 would be "reasonable"...
    - the Azzuro GTB (a 1987) for sale this summer in Luxemburg with only 5.800 kms on the odo for 58.000 euros was really stupendous, I had the opportunity to spend an hour or so looking at the car from very close.
    - there is a 29.000 kms '89 GTB for sale in France for the same amount (58.000 euros) it has been for sale for more than a year.

    Rgds
     
  15. zebra308

    zebra308 Formula 3

    Jan 14, 2004
    1,339
    All Flimmits
    Full Name:
    Ruffis Leekin
    Reading through the comments made me realize that I might be a bit underinsured with respect to agreed value.

    My '86, 328 is at $45K, my '81 308 GTBi is at $ 35K...does this seem about right?

    Thanks,
     
  16. Dr Tommy Cosgrove

    Dr Tommy Cosgrove Three Time F1 World Champ
    Owner Rossa Subscribed

    May 4, 2001
    36,420
    Birmingham, AL
    Full Name:
    Tommy
    I think your are safe with the Bi
     
  17. Steve King

    Steve King F1 Rookie

    Feb 15, 2001
    4,367
    NY
    I have been amazed at the price point of the 308's. Although it has been deemed as a mass production unit it still has low production numbers compared to other manufactures. Also as the number of these cars fall out of the market due to damage and disrepair it would seem that prices for the remaining units would rise. I would suspect this will happen but will slowly inch up in time. I have enjoyed my 77 GTB and am now in the beginning stages of selling it. It is time after almost 15 years of ownership to let it go to another Ferrari fan . My pricing based on various other sales info is more then reasonable and will make someone a happy owner. Interesting enough for just a little word of mouth there has been a few serious inquiries. It will be interesting to see how many potential buyers will inquire as I begin advertising in the next 6-12 months as I am in no hurry to sell. Time will tell.
     
  18. PBE624

    PBE624 Formula Junior

    Jan 18, 2005
    396
    De Panne Belgium
    Full Name:
    Frank
    #143 PBE624, Oct 16, 2013
    Last edited by a moderator: Sep 7, 2017
    To Nerofer

    noted that you like old magazines... I have a copy of Auto Journal from 1984 with a special on the 308 GTS QV (and also other models including 288 GTO etc... ).

    See attached 2 of the +/- 30 pages.

    In case you don't have this magazine and want to read it, let me know and I will forward you the other pages to read.

    Cheers,
    Frank
    Image Unavailable, Please Login
    Image Unavailable, Please Login
     
  19. nerofer

    nerofer F1 World Champ

    Mar 26, 2011
    12,083
    FRANCE
    Thanks a lot Frank; I think I have it, but I have to check...I'll let you know.

    Rgds
     
  20. R.Robot

    R.Robot Formula Junior

    Nov 7, 2010
    350
    La Quinta CA.
    Currently have my '89 gtb insured for $75k, how about others??
    R.
     
  21. Omnivore

    Omnivore Formula Junior

    Jun 3, 2011
    436
    Portland
    Full Name:
    Matthew F
    Starr child: Consider relocating south of the Mason-Dixon Line. I understand they're forming a new country there. 2 valve injected 308s will be the hot ticket. General Lee livery boosts value of course. You'll be rich!
     
  22. fstarr56

    fstarr56 Rookie

    May 21, 2013
    31
    Tonawanda NY
    Full Name:
    Fred Starr
    YEE HAAA, Dallas here I come.
     
  23. Futureman

    Futureman Formula 3

    May 16, 2007
    2,024
    Had my 89 GTB appraised and as a result insured for $65K...and it has 72,000 miles.
     
  24. zebra308

    zebra308 Formula 3

    Jan 14, 2004
    1,339
    All Flimmits
    Full Name:
    Ruffis Leekin
    I have my '86 insured at $ 45,000.00 and judging from what I've read I'm probably a little light?
     
  25. furmano

    furmano Three Time F1 World Champ

    Jul 22, 2004
    32,215
    Colorado
    Full Name:
    Furman
    #150 furmano, Feb 8, 2014
    Last edited by a moderator: Sep 7, 2017

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