308 getting love at Hagerty Seminar in Scottsdale

http://youtube.com/hagerty/live

 

Lots of great info!
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Interesting video, thanks for posting.

 

"This stream is offline"...

Can anyone summarize in a couple of words ?

 

Here's the full stream, I've not watched it yet:

[ame]http://www.youtube.com/watch?v=dO28ilMwJPM[/ame]

 

http://youtu.be/jHwIWFZKfKw
Summarize: 308s and 328s are only moving towards one direction. UP.

 

Interesting point Wayne made that I noticed as well. Why are the 328's rising faster than the 308's?

 

Malcolm Welford on $200K TR's: People buying them maybe don't know what they're getting into with classic cars: "Haven't been well-advised, perhaps getting carried away by the heat of the market."

Surprised they allowed that level of candor at what is essentially a marketing event.

We'll see if the results bear him out.

 

It was a great conversation! Over all seeing about a 20% slide on prices against low estimates on vehicles.

 

For those that just want to jump to that part, it's at 57 min.

 

wow - 308's and Volvo P1800 ES huh?

 

I've been saying the 308 and the Volvo P1800 euther coupe or wagon are in their way up and up since 2010. They are both gorgeous designs.

 

P1800 Coupe is a gorgeous car.

 

Interesting, but I want to know what 2016 holds for the 308 market!

Hemming's had an article about predictions for 2016 and their thoughts were that 80's cars in general and specifically the 308 were going to continue to climb. Let's hope they are right

 

No reason at all why the rarest/most desirable 308's (Vetro's and steel carb cars), shouldn't hit value levels where 246 Dino's were 18-24 months ago, in 2016. The Vetro just sold at Goodings, is already there and probably a good indicator for the future direction of this model.
BR,
Jez

 

Interesting stream

 

I had a 1970 model for ten years. Interesting car.

 

Thanks for the link. I really enjoyed watching this seminar. I love seeing all the love for the 308, and as a big bonus for me, lots of love for the Fox Body Mustangs! About time for both cars, IMHO.

 

Italian designer, of course (Frua iirc)

 

There was a Swedish designer that did the design to P 1800, Pelle Peterson.

 

I like what they said about Mercedes 560sl's. We always keep 9 or 10 in stock.
They are a lot of bang for the buck & cheap compared to other collectible cars.
The key with them is you have to have the right one, not a made over car.
Mercedeshowroom has been selling them for many, many years.

 

+1

 

The point that was made " cant remember which panelist" in relation to the world wide audience of the ferrari brand, a statement to the effect that no matter where you go in the world people know the ferrari brand and probably the 308, as opposed to other great cars that may have a collector status but only locally in a particular country or region. Or something to this effect.

 

Several panelists pointed out that the Porsche 911 went crazy, and now so many are for sale that the value is likely to come down.

How many 308's are going to be up for sale this spring? 3-4x as many as we typically see...flooding the market is going to drive prices down, not up.

If I had to guess it seems the values may continue to climb, but I would guess they will stabilize for a while as there will be a flood of 'restored' 308's on the market this spring/summer....mine included. The cars with original paint/finish/interior that have ownership history and documentation will be worth more.

 

The difference is, even with 9 years of production 308's, there are FAR FAR less numbers of 308's on this planet than 911's so you won't see a flood anywhere close to that of the 911 craze. I'm not sure what the 911 production was up until 1985 but I know overall there were 820,000 911's built (per Porsche's homepage online).