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Fair Price

Discussion in '308/328' started by jim94-348, Nov 11, 2015.

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  1. jim94-348

    jim94-348 Formula Junior
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    Aug 19, 2010
    981
    Greenville, NC
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    Jim
    #1 jim94-348, Nov 11, 2015
    I have a friend that recently passed. The family is selling the 1984 308 GTB with 76k miles on it. The car is in fair condition at best. It is prugna in color. I'm know this is not a desirable color and high mileage but I would like to place a fair bid for the car just to keep it in my collection as a memory to my friend. Can someone give me a fair market price?

    I know the car has been maintained but I don't know when the last belt service was done so let's assume it needs it. I'm just looking for a fair range and I own several other Ferraris so I am very familiar with the cars. Thanks for your input.
     
  2. URAS

    URAS Formula Junior

    Oct 17, 2014
    955
    Canada
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    vince
    #2 URAS, Nov 11, 2015
    I guess one could check the usual spots like the 308 market thread, or haggerty, or other sites....but if the top of my head I would say between $20k to $50k.
     
  3. pappy.72

    pappy.72 Formula Junior

    Nov 13, 2010
    536
    Elgin, IL
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    Dave
    #3 pappy.72, Nov 11, 2015
    $20k for a GTB? I would say between $50k and maybe $70k depending an actual condition even with those miles.
     
  4. carguy246

    carguy246 Formula 3
    Silver Subscribed

    Nov 8, 2006
    1,197
    Maryland
    #4 carguy246, Nov 11, 2015
    GTBs seem to be hot right now and there aren't many qv GTBs. However, this car sounds like it needs some work, it has high miles and is not a color that everyone likes. My best guess would be $40-$50k depending on how it looks.
     
  5. jim94-348

    jim94-348 Formula Junior
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    Aug 19, 2010
    981
    Greenville, NC
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    Jim
    #5 jim94-348, Nov 11, 2015
    I was guessing in this range. I know that with the miles and color this would not be a really desirable car but then again, it is the sentimental value and I would never plan to sell it. The problem with the guides is it doesn't take into account the high mileage and this can vary all over the place. Anyone have input on a high mileage recent similar sale?
     
  6. Steve King

    Steve King F1 Rookie

    Feb 15, 2001
    4,367
    NY
    #6 Steve King, Nov 11, 2015
    I go along with $40K as the sweet spot.
     
  7. R.Robot

    R.Robot Formula Junior

    Nov 7, 2010
    350
    La Quinta CA.
    #7 R.Robot, Nov 11, 2015
    $55 to $85, I do like the color. This would be a great car to own, still has plenty miles ahead of it and is timeless.

    Look around at other car choices and asking prices.
     
  8. jim94-348

    jim94-348 Formula Junior
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    Aug 19, 2010
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    Jim
    #8 jim94-348, Nov 11, 2015
    Thanks for the input. I just put in an offer. It really isn't so much about the car as a monument to my friend. We will see what happens.
     
  9. Dr Tommy Cosgrove

    Dr Tommy Cosgrove Three Time F1 World Champ
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    May 4, 2001
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    #9 Dr Tommy Cosgrove, Nov 11, 2015
    I love it when people think 76K miles is a "problem" and price it down accordingly :D
     
  10. piezo

    piezo Formula 3

    May 27, 2011
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    Hong Kong
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    Steven
    #10 piezo, Nov 11, 2015
    76k mileage is at most average in reality, not really high mileage. $20k is just silly, it's a driver and all of them needs work even if you have the belts changed. Cars in pieces are asking more than $20k.

    I'll pay the widow the higher end if he's a close friend. That's just me.
     
  11. skullyspice

    skullyspice Formula Junior
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    erik
    #11 skullyspice, Nov 11, 2015
    I bet the GTB looks fantastic in that color!
     
  12. rob

    rob F1 Rookie

    May 22, 2002
    4,283
    Vt
    #12 rob, Nov 11, 2015
    I would put the absolute bottom at 50k. There are people out there who actually would like to find a Prugna car so don't let that skew the value too much.
     
  13. VIZSLA

    VIZSLA Four Time F1 World Champ
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    Jan 11, 2008
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    #13 VIZSLA, Nov 11, 2015
    As do I. Which is why I never mention it.
    ;)
     
  14. miketuason

    miketuason F1 World Champ
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    #14 miketuason, Nov 11, 2015
    Jim, I just had my 84 QV US with 84K miles appraised and it appraised at $95k
     
  15. dwhite

    dwhite F1 Rookie

    May 30, 2003
    3,511
    Bklyn, NY/Vero Beach
    #15 dwhite, Nov 11, 2015
    I'm certain yours will be the first data point he uses. I would say $55K- 85K would be a starting range. 308GTB QVs are not plentiful.
     
  16. miketuason

    miketuason F1 World Champ
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    #16 miketuason, Nov 11, 2015
    Agreed!
     
  17. SpyderGT

    SpyderGT Formula Junior

    May 15, 2005
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    #17 SpyderGT, Nov 11, 2015
    I've only seen prugna in the flesh on a GTS-QV and a Mondial 3.2. I think a prugna GTB QV would be quite stunning and desirable. Jon
     
  18. Dr Tommy Cosgrove

    Dr Tommy Cosgrove Three Time F1 World Champ
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    #18 Dr Tommy Cosgrove, Nov 11, 2015
    I have seen a GTB QV that color a few time down here in the southeast at some FCA events over the years. I believe a lady was the owner as well.

    I have some pictures around here somewhere.
     
  19. Dr Tommy Cosgrove

    Dr Tommy Cosgrove Three Time F1 World Champ
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    #19 Dr Tommy Cosgrove, Nov 11, 2015
    Most excellent!
     
  20. Dbacr

    Dbacr Karting
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    Jul 1, 2015
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    Ft lauderdale, FL
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    #20 Dbacr, Nov 11, 2015
    My 84 GTB thanks you!
     
  21. Ferraridoc

    Ferraridoc F1 World Champ
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    #21 Ferraridoc, Nov 11, 2015
    Only if you change the wheels - wanna sell me your old ones?
     
  22. miketuason

    miketuason F1 World Champ
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    #22 miketuason, Nov 11, 2015
    Sorry but keeping all the original parts with the car.
     
  23. Ferraridoc

    Ferraridoc F1 World Champ
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    #23 Ferraridoc, Nov 11, 2015
    No mate, I meant the TS-17s!
     
  24. miketuason

    miketuason F1 World Champ
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    #24 miketuason, Nov 12, 2015
    Oh that?
     
  25. rob

    rob F1 Rookie

    May 22, 2002
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    #25 rob, Nov 12, 2015
    I had a prugna Mondial 3.2 coupe it is a stunning elegant color.
     
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