Is this a bubble? | Page 22 | FerrariChat

Is this a bubble?

Discussion in '308/328' started by slvr993, Jan 8, 2015.

This site may earn a commission from merchant affiliate links, including eBay, Amazon, Skimlinks, and others.

  1. Dr Tommy Cosgrove

    Dr Tommy Cosgrove Three Time F1 World Champ
    Owner Rossa Subscribed

    May 4, 2001
    36,551
    Birmingham, AL
    Full Name:
    Tommy
    By this time next week it is very likely that no 80 - 82 GTBi will ever see a price average over $50,000 absolute tops.

    Ever.

    But again, I won't be sure until Fri at the latest.
     
  2. phrogs

    phrogs F1 Veteran
    Silver Subscribed

    Apr 13, 2004
    7,352
    Kzoo Michigan
    #527 phrogs, Jan 30, 2015
    Last edited by a moderator: Sep 7, 2017
  3. stonker

    stonker Formula Junior

    Jul 14, 2012
    420
    Surrey UK
    Full Name:
    Stonker
    I was going to make my US car more European looking with Euro bumpers, diaper delete and Euro side markers but having lived with it and as one of the reasons for loving 308's was Magnum PI I've decided to keep it stock and reinstate the US side markers which were deleted at some point. It's mainly for my own satisfaction but if value is increased because it's more original then great!!!!
     
  4. stonker

    stonker Formula Junior

    Jul 14, 2012
    420
    Surrey UK
    Full Name:
    Stonker
  5. MS250

    MS250 Two Time F1 World Champ
    Lifetime Rossa

    Dec 10, 2003
    26,600
    Full Name:
    Avvocato
    If you would have parked another trailer behind it with mud on the tires, and a few cases of empty beer bottles with a bonfire pit I'm sure you can list it at $99,000.
    Think big my man !
     
  6. stevel48

    stevel48 Formula 3

    Jan 4, 2005
    1,998
    Metrowest MA
    Full Name:
    Steve (85 308 Owner)
    The 85 qv gtb on ebay sold for near the asking price of 95k.
     
  7. greg328

    greg328 F1 Rookie

    Nov 17, 2003
    4,209
    Austin, TX USA
    Full Name:
    Greg
    Recently I had 3 offers in the $80K range for my 87 328 GTB red/tan. Not gonna cut it! Maybe I'll sell in the spring, for a market-correct price. Then again, maybe I won't! These cars could be the next Dino. Less than 130 328 GTBs imported here 86-89.


    Greg
     
  8. Orange1

    Orange1 Rookie

    Mar 26, 2008
    49
    Flatland USA
    FYI - the 1979 308gts on ebay with an $89k buy it now sold last year for $38k. The dealer that is offering it didn't even bother to change the oil and the oil filter for God's sakes.
     
  9. singletrack

    singletrack F1 Veteran

    Mar 16, 2011
    5,805
    Pittsburgh, PA
    Hilarious. There is no question the market is up, but people are now losing their minds. I've seen prices up like 15-60% depending on model, condition, etc vs 3 years ago or so. Glass is up more in some markets.

    Some of these idiots expect 3-400% gains? No. Lol.
     
  10. rdefabri

    rdefabri Three Time F1 World Champ

    Jun 4, 2008
    33,571
    NJ
    Full Name:
    Rich
    '84 GTS sold on F-Chat for $60K in a day. Same year as my car, but double the miles that I have (50K) - not that mileage matters, but buyers seem to like lower mileage cars.
     
  11. VIZSLA

    VIZSLA Four Time F1 World Champ
    Owner

    Jan 11, 2008
    41,692
    Sarasota
    Full Name:
    David
    People feel safer with lower miles and all things being equal they're right.
    But all things are never equal, mileage and condition do not automatically relate.
     
  12. Imperial Stormtrooper

    May 7, 2014
    148
    Far, Far Away
    Full Name:
    George
    The ASKING price was $60K. We don't KNOW what the sale price is (at least I don't know), plus the sale hasn't been completed either.

    I'm confused, according to the current issue of FML, the asking price index for 308QV GTS's are $39.1K... the '84 GTS referred to above is nice, but it isn't spectacular, and the seller was asking $60K for it... is the market moving too fast for FML, or (fill in the blank) ???
     
  13. Dr Tommy Cosgrove

    Dr Tommy Cosgrove Three Time F1 World Champ
    Owner Rossa Subscribed

    May 4, 2001
    36,551
    Birmingham, AL
    Full Name:
    Tommy
    Is that the Jan 2015 FML?
     
  14. rdefabri

    rdefabri Three Time F1 World Champ

    Jun 4, 2008
    33,571
    NJ
    Full Name:
    Rich
    Yes, understood, but given the speed of sale, you could infer that seller got close to his ask. And yes, sale was pending, that is accurate.

    I wish my Lexus could sell in one day - says a lot about the pricing of 308s.
     
  15. Imperial Stormtrooper

    May 7, 2014
    148
    Far, Far Away
    Full Name:
    George
    Yep- January 17, 2015...
     
  16. Imperial Stormtrooper

    May 7, 2014
    148
    Far, Far Away
    Full Name:
    George
    Come to think of it, did you know you're mentioned on Page 1 of Volume 40 number 2 (from 2 weeks ago)?
     
  17. Dr Tommy Cosgrove

    Dr Tommy Cosgrove Three Time F1 World Champ
    Owner Rossa Subscribed

    May 4, 2001
    36,551
    Birmingham, AL
    Full Name:
    Tommy
    I was told I would be but I haven't subscribed in years so I haven't seen it.

    I need to get one from someone.
     
  18. JAM1

    JAM1 F1 Veteran
    Rossa Subscribed

    Oct 22, 2004
    8,732
    FL, NY, and MA
    Full Name:
    Joe
    It's been a couple of years since I've seen a nice QV for $39k. Where are all of these deals on 308s I'm apparently missing out on?!
     
  19. Bullfighter

    Bullfighter Two Time F1 World Champ
    Lifetime Rossa Owner

    Jan 26, 2005
    22,607
    Gates Mills, Ohio
    Full Name:
    Jon
    No idea. I think FML has been behind the curve for a while.
     
  20. RobinD

    RobinD Karting

    Aug 17, 2014
    92
    Lincolnshire
    Full Name:
    Robin Duxbury
  21. Dr Tommy Cosgrove

    Dr Tommy Cosgrove Three Time F1 World Champ
    Owner Rossa Subscribed

    May 4, 2001
    36,551
    Birmingham, AL
    Full Name:
    Tommy
    They don't sell that strong over here as of yet
     
  22. AJS328

    AJS328 F1 Veteran
    Owner

    Apr 23, 2003
    7,520
    New Jersey
    Full Name:
    Augustine Staino
    Wow. That is strong money!
     
  23. VIZSLA

    VIZSLA Four Time F1 World Champ
    Owner

    Jan 11, 2008
    41,692
    Sarasota
    Full Name:
    David
    Remember when winter was the quiet season when it came to sales?

    There seems to be a rising sense of urgency among would be owners. A sign of a market in flux if not a bubble.
     
  24. 308 GTB QV

    308 GTB QV Karting

    Jan 19, 2010
    209
  25. R.Robot

    R.Robot Formula Junior

    Nov 7, 2010
    350
    La Quinta CA.
    For a number of perspective buyers who are on the fence, a move in pricing will usually get them to move.

    Hopefully they won't just buy anything, and stay focused on their purchase.
     

Share This Page