Official 308 GTB/GTS Market Thread

I added the Prugna from Bonhams. I didn't see any other 3x8's this year in Scottsdale. This listing from B-J (1980 FERRARI 308 GTSI TARGA - Barrett-Jackson Auction Company - World's Greatest Collector Car Auctions) doesn't show up as sold, but elsewhere on this board someone noted it didn't make it to the auction. Anything missing?

 

There's nothing wrong with tank-top either.
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Pretty nice, but missing the rubber boots on the distributors, and the coils...

 

Looked at 2 78 308's today- they have been there at least 3 weeks
1978 Ferrari 308 for Sale | ClassicCars.com | CC-629663
One is a driver good original paint and interior 50K and the other is a parts car 30K
I offered him 40K for both but he said that the least he would take is 46K for the driver. It will not pass smog as it does not have a smog pump. the parts car does. the parts car has been sitting around for awhile but it does have a pump. has some different looking carbs also. If anyone needs some more info let me know ----Jack

 

The pump itself is a GM part. The brackets and such are specific to the 308 and will be the hard, difficult and expensive part.

 

Without making any specific comment about the Seller, GET A PPI before even thinking any further about pulling the trigger. Plenty of Ferrari specialists in your area.

 

SMOG is a pain, no doubt. Air pump (Must be new GM part) is a must. Not too $$ All other parts like check valves are pretty simple stuff. Air rails must be clean. Carbs must be dialed, and ignition right. Do this, and she'll pass - the bonus is it will run great! BTW, cats must be good.

When I first smogged my car at time of purchase, I made a bracket. I had access to a machine shop, and it wasn't too bad. Probably have it made ??

Big piece of the puzzle is DIY, or pay someone. This can be a lot of work to pay someone. Or maybe you're planning a restoration, in which case it's part of a plan.

Gotta love'm

 

Beverly Hills car club Is neither a car club or in Beverly Hills. I have been there a few times to look at various cars. I was never bothered by anyone there so I could casually browse through the car I was there to look at.

They specialize in bottom quality cars. Do your homework. With any car dealer, buyer beware.

 

that is why I told the guy it would be a package deal for me. I guess my problem is that I only think of DIY, do everything myself. This guy had about 6 308's in just OK condition. the rest he said were sold waiting for people to pick them up???? In my opinion he is buying them out of town sight unseen trying to reselling them because of the interest in 308's now.

 

One of the best 308's on the market today....of course I'm biased.

http://www.ferrarichat.com/forum/ferraris/472858-one-kind-308-gts-3.html

Marlon

 

You are dreaming at "$40K for both".

The hard legal fact about the 78s is, they are CATALYST cars, maybe your state does not care (Califirnia sure does!) but to restore to anything less than a full CAT sytem is a Federal Offense.

The current value of a non running 308GTB project is about $30K....each.

 

They will be $100K, by Spring 2015

*train whistle blows*
It has left the station!!

You want a NON CAT car, man....1977 or older.

 

Not supper sure that any train has left any station.
I am on the fence about these cars and I am a real potential buyer. I have slowly been setting aside money for one but the California laws make it less appealing daily. Buy a non smogged one and deal with the headache of pumps and cats and pray to God that it doesn't get labeled a gross polluter. Or register it at a friend's house in Oregon..... and have some B.S. story ready when you get pulled over....I don't know, just seems like too much of a problem to bother with. Which is a large portion of why the 308 prices have not moved as fast and as far as an air cooled 911.

The dreamers selling 100K 308s on eBay are simply impressing themselves, those cars are not selling. People always site the Dino sales as an indicator, but the state of California is not making it hard to drive those on a Sunday morning. Huge, Huge, difference.

 

THANK YOU.

The QVs and 328s are fine, as long as they're proper US-spec cars and not modified. Porsche used Bosch FI. It works.,

If I want to hear carbs, there's always YouTube or early Magnum reruns.

911s have moved because they're easy to own, low maintenance cars, with a terrific spares network and service available everywhere. Also, even in normally aspirated form, they're faster than contemporary 3x8s.

As for trains and stations, you have to decide. It's winter and the market is quiet.

 

IF I was worried about getting one of these old girls legal in Cali, I would call Norwood, who has engineered an ELECTRIC air injection system, and I would still toss all the old stuff in the trash.

I would order modern ANSA high flow CATS (but even then they need some kind of 'Cali approved' sticker, check on that.)

A seized 40 year old smog pump freezing a cam at 6K RPM would give me bad dreams...

Bottom line, the '78 -'79 Carbed cars for North America are good, but "not as good" as the NON CATS, so for my money a NON CAT Euro version from those years would be the way to go....
Shop there (where the $$$ are already double the ones I am quoting!)

 

Here is a better one for not that much more money:

1979 Ferrari 308 GTS - Factory Autorized New and Used Ferrari, Maserati, Aston Martin, Lotus and McLaren Dealer


However, if I was in California, I would probably buy a qv instead.

 

Getting my Non Cat to pass was not that hard after I undid previous work and restored to factory.
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What work did you have to undo?
Did performance suffer?

 

Set timing to 3' ATDC. Carbs had random jets, fuel pressure was high, installed smog pump, clean air injection tubes and nozzles. PO had new cap and wires installed and 1 had a poor connection.

After smog test I adjusted the timing and removed the smog pump. Runs great now, better than ever.

 

Glad to here that. But running legal isn't the optimum set up for performance it seems.

 

very interesting thread. i think a lot of us are in the same boat... e.g. what could we possibly replace it with? so the market keeps going up (at least for now).

for me, i wouldn't sell it but i would trade it ('89 328gts; 28k miles; condition 1 or 2) for my original purchase price ($65k) plus a 328 with many more miles and in condition 3. that way i could drive to my heart's content without thinking about how much it's depreciating because i'm racking up the miles.

... actually even better would be to keep it and get the condition 3 as well. they aren't making any more 308/328's so it's not a bad place to park $, particularly if it is low-mileage and great condition.

sorry to be so non-responsive to the original question!

 

You really need this watch to match that steering wheel - the Rolex Leopard Daytona :
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the difference is all in the ignition timing. 3' retarded lowers the HC and builds a lot of exhaust temp. That heat combined with the air pump burns off any remaining in the exhaust before it reaches the tail pipe. Side effects are sluggish throttle response and a fire hazard from glow red hot headers.

It takes about 15 minutes to change, every 2 years. Not a big deal.

The pump doesn't make a noticeable difference, but as Big Tex points out removing it is 1 less potential problem to think about.

 

Thanks.

 

I have a 1978 GTS I bought out of CA last spring. It was current CA registered and smogged.

The smog pump started to whine so I replaced it. Same as my 1974 Jeep J10 with AMC 360 V8 (there is a hose fitting you may have to fab) you can get that at autozone local stock.

It had a functioning R2 point set (I disengaged when I replaced those with a pertronix but the throttle linkage switch is still there). If your smog guys are sharp they will be looking for that so you need to have that there. The pertornix itself would be illegal. I think you could rig it up to look like the R2 is still there and working and the pertronix won't show.

Anyway, retarding the timing is what the R2 point do so if you run pertronix retarding for smog test is a good idea. The smog shop may check the timing but it's so hard on a 308 they might give up (pretend you don't know where to look and point them toward the balancer)

I have newer high flow cats (no stamps). They are pretty far up underneath so the guys may not look that close and just rely on the tests.

My old test tubes leaked a little (another way to fail a CA smog check). Check yours, that could be a problem with the smog boys. I pinched the leakers off and will fix if I ever get the engine out.

Take it to a non-smog test facility first so you can tune it before you take it to a smog shop. Like a high performance tuning shop with a dyno.

I love my 1978!