246 vs 308

Agree 100%

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Just wait. It takes about until they are 40 years old whenthey really start to appreciate in value. Only a matter of time. As always condition make all the difference.

 

It's all about the production number, the less they make the more it cost. Rarity is the key.

 

Condition 1 to 2+ 308's could easily reach $100k in the next 5 years. Do you think any 246 owner thought their cars would be worth what they are today. All about supply and demand. There will always be a buyer of pristine condition models. Just my $.02

 

Let's all agree to not list out cars for sale for less than $100k and watch people start to pay it.

 

Having owned both, I think it is just the fact the Dino is so attractive. Just about every line on a 246 is femininely round. The styling is reminiscent of the mid-engine prototype cars everyone admires so much and the engine is half a 65 degree V12. The Dinos are little jewels.

Having said that, I still think the 308s are beautiful, and restored examples are bringing good money when the right buyer is found. Both are relatively owner friendly, too, for driving and maintaining.

With six times production compared to the 308-328, 1975-1989, the Dino 206s and 246s are considerably rarer, especially after you add the 7412 very similar 328s.

Of the four Ferraris I have owned, the Dino 246 GT was by far my wife's favorite.

 

We all have our theories. I can't say I think about it much, but I'll chime in anyway.

My belief is that the 308 is not old enough. When the people who were the hormone-fueled 15 year olds watching Christie Brinkley in a 308, Gilles Villeneuve in a 308, Tom Selleck in a 308, and when they make it through the high-responsibility mid-life grind, they will look back to their teenage dream as a "reward" car. Everyone says it, and I agree; that the time is still a few years away, but we are now at the cusp. Supply will soon drop, although 1 owner cars are currently becoming available since people who were 50 years old in the late 1970s are now in their 80s. A total of 12,000 cars is not many cars (even Tesla pumps out 22,000 cars per year).

Just another opinion. Only time will give us the answer.

Me? I didn't really want a 308 specifically (never dreamed that big), but wanted a car I could "work on" through the next decade or so. I was thinking BMW E30 M3, Triumph TR6, etc, but asked myself what does "just a little bit more" buy. Enter 308, stage right. Love it.

Regarding an opinion on style, personally, I think the 246 is lovely, but the 308 is perfection.

 

Terry, +1

It's about the aesthetics and production numbers (the 246 was produced in three series with different factory options like Daytona seats and wide wheel arches, so there are some quite rare models). The 206/246 is also quite well documented with all the small changes and details in the 206/246s lifetime, have a look at the fantastic "Dino Compendium" written by our board member Matthias. I'm missing something like this for the GT4 and GTB/GTS.

But don't forget that excellent GT4s have already been sold for $100-$120 in europe last year, and the Vetroresina is at $120 and above. A non red complete and original 2+ early carb GTS will cost you around $80-$100 at a dealer in europe (if you can find one offered).

I've created a quick chart with the production numbers based on wikipedia.The GT4 has been produced in smaller numbers than the 246 but is still lower in price. So it's not only the numbers
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Im with you there...mine is always for sale, the question is, when will my price seem reasonable in the market...

 

Age of buyers. As those of us that loved 308 when we were young get more disposable income the 308 could rise, but the flip side is the poor economy. We will need a few more years for the children of the 80s to move into their 50s and be comfortable with their retirements.

 

it depends on design and rarity mostly

i think vetro will be close to 246 dino prices soon and the 308 dry sump GTB will go up also

early 308s have a very nice and pure desing, carbed engine and are really old school compared to the i models
i think they will be 80.000 euro and up soon even in steel form....i followed the ads for those in Europe and the few you can find are usually around 60.000 euro already

 

I disagree,It's not about the aesthetics and production numbers/design and rarity because these factors were the same 5,10,or 15 years ago and there was not the big price difference.I think its a combination of things including perceived investment potential which has been really pushed by dealers.Ive not spent much time in a dino but am more than happy with my 308 and I think it is the superior car.

 

I too have posted about 206/246 values. They are "neat" cars to me but stupid money, and I have no idea why nor do i understand the thought process those buyers go through to spend that much on a rust prone, slow Fiat v6 car. I am 43 and do not know anyone with money that would spend that much on any car, much less a Dino. Of all the people I have met and known in my life, i can name maybe 3 that have means to buy nice toys. The rest are hand to mouth with drama and bills. As my generation ages there seems to be less interest in cars and more interest in "survival". Many will not be able to retire as they have no real cash or investments.

So in summary its a very rare person that has the kind of money Dinos are now commanding. And those people can choose to buy many other things aside from a "pretty" car. 308's may go up a bit and stay there. But I personally believe we are seeing a car market bubble that is going to be corrected hard in the next 18 months. be sure you guys sell while prices are high and there is demand, or just keep your car because you really, really like it and can afford to ignore it. I have bought and sold a lot of cars, guns and guitars, and this economy is crap.

 

Like ALL car values for collectors, it is totally based on rarity. A 71 Plymouth Barracuda Convertible Hemi will cost you over two million bucks. Is it because it's "better" than a 71 hemi Barracuda Coupe? Nope, it's because they only made 11 of them. Yeah, you could have ordered/purchased one in '71 for around 5k USD but, at the time, they were just another big block muscle car offering that, as it turned out at the time, nobody really wanted…THEN.

Same deal here. There were fewer dinos so they are worth more. SOME day, sure, 3x8's will command a lot of money as fewer are on the road. People pay a lot of money for cars, even ones that were originally cr@ppy cars, when there aren't many around.

 

Some people also think the old Porsche 911s from the 70s are more rare than the 308/382s. Look at the numbers though. They built over 15,000 of them in just 1973 alone. Those are selling for big bucks now and there are a lot of them. From 1969 to 1975 they produced over 70,000 Porsches. It is all about what people want and when everyone else realizes how good the 308/328s are then I will be happy that I got my 89 328 for a great price. Either way I am not selling for a long time regardless of price. I bought it to drive and enjoy.

 

Ask 10 people for a reason and you are likely to get 15 different answers. Rarity does play a role but what I struggle to understand is the sudden rate of appreciation of some cars. If you figure that the last Dino was made 40 years ago then the supply was determined a long time ago. The huge surge in Dino prices has taken place in the last 3 years or so supply can't really be it rather it is where the demand has come from. I find it hard to believe that a car is ignored for decades and suddenly the world 'wakes up' to it sending prices soaring.

One thing I do know for sure is that I have had my 308 for 12 years now and have heard a laundry list of reasons why the 308 market is about to explode and I have yet to see it. Yes prices have come up a bit but not the 3-500%+ that other cars have seen. Personally I find hanging off of the market to suck the enjoyment out of having these cars and I just figure it will be worth whatever it is worth when I feel like selling it.

 

You are to new around here, but it wasn't long ago that the crowd here since 2004 to present day have done nothing but BASH the 308 on fchat.

The poseurs and shade tree mechanics that were considered 'enthusiasts' where all over this board and ebay high fiving 20k 308s and the good ones were criticized for asking prices anywhere near 35 grand at the time.

There was a time where it was endless bashing here, and I tried to defend , but I was a man on a deserted island. All those douchbags funny enough USED fchat for there own personal gain to buy garbage cars, bandaid them up and resell again. And are no longer on fchat because they should have never been here anyway.

We now reap what we sow .... If you ask me , so many of the 308s have incorrect carpet, incorrect components now that the majority of them now need 100k plus to restore correctly.

I'm actually quite happy with my 308, the rest that complain about its pricing....GOOD.

All of you go dig up some posts here back in 2006 , 2010 in this section and go see for yourself the stupidity of the 308 owner.

 

Mike is right on this however it didn't help the 365GTC4 very much. They only made 500 of them and the car is just not that popular for some strange reason.

I think for most folks the 308 has better balance and proportion than the 246. The 246 is a chain drive (better) as opposed to the rubber band, which I personally can't believe they stayed with for so long.

Bottom line, markets make their own rules. I believe in the 308 and I also believe six figures for the car is just around the corner.

 

in the end the 308 is a nice looking car, very nice looking
one of best design of its era imo.
it is sporty but elegant at the same time. there is not a thing "Out of place" in its design.

it has a nice V8 engine, sounds good and has a good handling
is a Ferrari ...and one still made "by hands" ...not like the current sport cars (with exception of few expensive cars like the Pagani ....that cost more than i can spend on a car unfortunately)

so what is not to love in a 308?
one thing only to me: may be it is a bit underpowered.
If it had some 300hp would be perfect

but there are other cars for this, and honestly you can buy some 300-400 hp car preowned with may be 10.000 euro in Italy.
with today tax regulation nobody wants to touch modern cars with lot of hps here

the number of 308 made is not so big, expecially when you consider there are so many different versions.

i think is one of few classic cars you can still buy for "cheap" money today. the others being testarossa, 512 TR and diablos.
in the end i feel is a bargain for what you get. It is not important to me if it won't go up in value, of course if they do i am happy

but it is important if i ever will have to sell it i won't lose much money on it...in worst case i can lose 5k$ and cost of upkeep-maintenance...and if you get a good car from the beginning, it should not cost so much .... i am fine with it.
there are many cars today i could not tell the same. I really feel some prices are inflated and will go down sooner or later.

 

Yeah, it takes more than rarity. It has to be loved AND rare.

308 and 328 will go up in value. There's really nothing left for them to do when everything else around them are hitting $100k. I mean really, a 911 from the same era is $100k.

-F

 

Depends, Furmano: generally yes, of course, but like always there are exception to the rules that maybe somewhat puzzling.
- Jaguar E-Type: more than 70.000 manufactured, holds its value very well, in fact is now appreciating
- Ferrari 208 GTB (the one with the small 2 litres V8): 140 manufactured, but not the one that is the most appreciated...
-Ferrari F40 and Ferrari 328 GTB: 1315 manufactured / 1344 manufactured...

But I agree on the fact that the Dino prices/value are probably now pulled by investors more than car enthusiasts...

Rgds