Official 328 GTB/GTS Market Thread | Page 22 | FerrariChat

Official 328 GTB/GTS Market Thread

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

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  1. Sledge4.2

    Sledge4.2 F1 Rookie

    Oct 19, 2007
    4,786
    Marin
    Full Name:
    Geno
    i cant speak to other cars, but the market for carb 308's is VERY strong.

    so is the market for 2wd Diablos....
     
  2. VIZSLA

    VIZSLA Four Time F1 World Champ
    Owner

    Jan 11, 2008
    41,692
    Sarasota
    Full Name:
    David
    I wasn't able to complete the online inquiry so I don't know if that's cast in stone.
     
  3. Bullfighter

    Bullfighter Two Time F1 World Champ
    Lifetime Rossa Owner

    Jan 26, 2005
    22,594
    Gates Mills, Ohio
    Full Name:
    Jon
    Yes, I just visited their website and the online form doesn't work in Chrome or IE. Maybe their phone works - might call them tomorrow.
     
  4. VIZSLA

    VIZSLA Four Time F1 World Champ
    Owner

    Jan 11, 2008
    41,692
    Sarasota
    Full Name:
    David
    The site has a few glitches. If you try to apply for an online quote through one link it throws an error message. If you try another way it connects.
     
  5. Bullfighter

    Bullfighter Two Time F1 World Champ
    Lifetime Rossa Owner

    Jan 26, 2005
    22,594
    Gates Mills, Ohio
    Full Name:
    Jon
    I will try calling on a rotary phone and touch tone to see if that works.
     
  6. climb

    climb F1 Rookie

    Sep 19, 2006
    4,866
    Atlantic Beach Fl
    Full Name:
    Stuart K. Hicks
    Wonder if they'll insure all five of mine if I use Morse code?
     
  7. Corrupt File

    Corrupt File Karting

    Jun 17, 2013
    111
    Canada.
    I don't know why people are saying prices for a 308 are becoming out of reach?
    Why the F@&$ do people call the car a 3x8?!?!?!?! Is it hard to put a zero or a two????
    Back to the original question. Back in 1977 my GTB was sold for 55,000 Canadian.
    The average car was sold for 4000cdn.
    If you think about it in today's dollers, (somebody feel free to factor in inflation for me) But for the car to have appreciated in value it would have to sell for more than the cost of what it sold for in 77. What does a 458 sell for, over 300,000? So until a 308 from 77 consistently sells for over 300,000, it's still a bargain. Use that same principal for what ever year 308/328.
    That is just MHO and two cents worth.
     
  8. URAS

    URAS Formula Junior

    Oct 17, 2014
    955
    Canada
    Full Name:
    vince
    With. Compound interest, money doubles every 12 years had you invested that. So in 1987 = $110,000; 97 = $220,000; 2007 = $440,000; and in 2015 $790,000. Allowing for vehicle expenses such as insurance, maintenance, you would need $1 million to break even. 99.9999% of vehicles, even if they appreciate in value, ie dino 246, are still money losers financially speaking
     
  9. Fairview

    Fairview Formula 3

    Mar 16, 2009
    1,109
    Waynesboro, Virginia
    Full Name:
    Jeff Ward
    Yes, but I'm sure we both agree on this: What the use is money if you don't spend it on something you like? (Like a vintage Ferrari :)). If you get back any of your money after having this much fun, that is just an extra bonus.
     
  10. URAS

    URAS Formula Junior

    Oct 17, 2014
    955
    Canada
    Full Name:
    vince
    I agree with you totally. I wAs just commenting on cars being investments. Even a house is a money loser and cheaper to rent. We all leave the world the same way we arrive - with nothing, so enjoy while you can.
     
  11. ME308

    ME308 Formula 3

    Nov 5, 2003
    1,550
    Munich, Germany
    Full Name:
    Michael

    this !

    and always remember:

    your last shirt will not have any pockets ;)

    and there is no sense in beeing the richest guy on the graveyard :D
     
  12. AaronMeisner

    AaronMeisner Formula Junior

    Jul 15, 2014
    267
    Baltimore MD USA
    Full Name:
    Aaron Meisner
    Money does not double every 12 years unless you are getting a return of at least 6%. With inflation running at under 2% and deposit rates at zero, 6% is a long way off. At the current deposit rate paid by large US banks (0.03%) your money will double in 2,400 years.

    So go buy another Ferrari. It's probably a better bet.
     
  13. dwhite

    dwhite F1 Rookie

    Money doubling every 12 years is a sh$& investment. When I was younger it was the standard of every 8 years.

    Just an FYI, but many stocks have tripled in the last 6 years and Ferraris, but cars generally are not very good investments. Lots of fun, but better ways to invest IMO.
     
  14. stonker

    stonker Formula Junior

    Jul 14, 2012
    420
    Surrey UK
    Full Name:
    Stonker
    That's certainly not the case here in the UK as money on deposit at the bank is paying virtually no interest whereas house prices have doubled in the last 10 years so I'm glad I didn't rent!!!!!! And they will most likely double again over the next decade or so.

     
  15. furmano

    furmano Three Time F1 World Champ

    Jul 22, 2004
    32,215
    Colorado
    Full Name:
    Furman
    #540 furmano, Feb 23, 2015
    Last edited by a moderator: Sep 7, 2017
  16. nerofer

    nerofer F1 World Champ

    Mar 26, 2011
    12,083
    FRANCE
  17. andyww

    andyww F1 Rookie

    Feb 7, 2011
    2,775
    London
  18. nerofer

    nerofer F1 World Champ

    Mar 26, 2011
    12,083
    FRANCE
    #543 nerofer, Feb 24, 2015
    Last edited: Feb 24, 2015
    Andy,

    The '89 GTB is said to have come from Sweden in the add's text, this in 1996; it is confirmed by the small water outlets in front of the headlights pods, peculiar to this market, and the air exit slot for the hot air from the cat in the rear bumper.
    Oh, and for the "trainspotters", that GTB is # 81592, a May 1989-produced car.

    Rgds
     
  19. red3555gtb

    red3555gtb Formula 3
    BANNED

    Nov 15, 2006
    1,356
    Woodbridge/Ontario
    Full Name:
    Rocco
  20. GatorFL

    GatorFL Moderator
    Moderator Owner

    Nov 18, 2005
    16,961
    Wellington, FL
    Full Name:
    Duane
    Is that the one mbrandon sold a few months ago?
     
  21. furmano

    furmano Three Time F1 World Champ

    Jul 22, 2004
    32,215
    Colorado
    Full Name:
    Furman
    Yes. Hawkeye's former 328 GTB.

    -F
     
  22. Bones2U

    Bones2U Formula Junior

    Jul 13, 2008
    814
    Ontario
    Now with the new Dealer Tax
     
  23. energy88

    energy88 Three Time F1 World Champ
    Silver Subscribed

    Jan 21, 2012
    32,158
    West of Fredericksburg, VA
    Full Name:
    John
    "new Dealer Tax" = Pay Ransom
     
  24. furmano

    furmano Three Time F1 World Champ

    Jul 22, 2004
    32,215
    Colorado
    Full Name:
    Furman
    The 328 GTB market in the US is tough. If you want a 328 GTB and you find one for sale you pretty much have to pay up because there are typically no more than one, maybe two on the market at any given time. And I would say no more than 5-7 come up for sale or auction in a typical year.

    -F
     
  25. M. Brandon Motorcars

    Sponsor

    Sep 4, 2007
    1,830
    Houston, TX
    Full Name:
    Michael Foertsch
    I don't currently have a horse in the 328 GTB race (my own 89 is not for sale), but Furman is right. Anyone could have bought the argento/red 88 that I had for sale a couple of months ago. When these cars come up for sale, if you're looking for one, don't wait.

    I can say that 75912 is a really nice car and a wonderful driver. Again, I have no financial or other interest in the car, just helping out potential buyers. I have no idea how much the seller is asking for the car, but somehow I bet it is more than what I was asking. :)
     

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