Effect on value when changing to euro spec | FerrariChat

Effect on value when changing to euro spec

Discussion in '308/328' started by Tepidboy, Mar 27, 2016.

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  1. Tepidboy

    Tepidboy Rookie

    Mar 2, 2016
    8
    So something has got me thinking. I've checked the forum and can't find anything hence my post.
    I've recently imported an '82 GTSi into the UK from the US. Now I really like the euro look of the 308 GTS/GTB. This is the intended look for the car by Ferrari. The changes made for the US market were a legal requirement and in my view (and a lot of others i'm sure) have detracted from the looks.
    So my intention is to visually return the car to the euro look. I will go as far as bumpers and valances but retain the original equipment.
    My question is whether this would increase the value of the car, or would I lose money on the conversion which will not be an inconsiderate amount.
    It's a strange consideration of altering the car to the 'original' euro look by changing the car from manufacturing spec.
    Perhaps a difficult question for you any of you in the US without UK market knowledge. What's the effect on value for US to euro cars in the US?

    Many thanks.
     
  2. BigTex

    BigTex Seven Time F1 World Champ
    Owner Rossa Subscribed

    Dec 6, 2002
    79,386
    Houston, Texas
    Full Name:
    Bubba
    As values climb, IMO there's a penalty if not "original", but thruthfully, you are on well travelled ground.

    So many owners have mixed and matched the bumpers, side marker lights and grills, it's pretty common.

    So, do what makes you happy!!!

    Bumpers and grills are easy.
    Side markers take body work and if original paint is good then that's a shame to change..

    The door crash beams?
    Well, that's a little trouble, getting them out!

    Welcome and cograts on your car!
     
  3. BigTex

    BigTex Seven Time F1 World Champ
    Owner Rossa Subscribed

    Dec 6, 2002
    79,386
    Houston, Texas
    Full Name:
    Bubba
    You can drill the hydraulic shocks, letting the oil out, and push the North American bumpers in to match the Euro mounting.

    You still have the weight on the car of course, and our front bumpers have the unique shape, to fight over ride in a collision.

    You are most likely going "under" the car you hit, anyway......
     
  4. Rifledriver

    Rifledriver Three Time F1 World Champ

    Apr 29, 2004
    37,121
    Cowboy Capitol of the World
    Full Name:
    Brian Crall
    Making changes to the originality will always have a value penalty.

    Also, no one ever walks away from a car that is original. Many walk away from modified cars.

    The more the cars go up in value, the more both are true.
     
  5. miketuason

    miketuason F1 World Champ
    Owner Silver Subscribed

    Feb 24, 2006
    15,812
    Cerritos, CA.
    Full Name:
    Mike
    If you're just converting the cosmetics parts as I in, front valance, bumpers, grills, and side markers, it's ok as long as you keep all the original parts and can be put back if necessary, then it's ok. It shouldn't affect the value as long as it can be converted back to US version. For example, I have a lot of after market (none original) parts on my car but, I also kept ALL my original parts just in case.
     
  6. topcarbon

    topcarbon F1 Rookie

    Nov 3, 2006
    2,605
    Wow, the Ferrari market is completely different as my countach had US bumpers and I converted it to European. It was much more desirable without those bumper eyes and sold faster(i believe) than if I just left them.
     
  7. detroiter

    detroiter Karting

    Apr 30, 2013
    201
    Munich, Bayern
    Full Name:
    Carter
    If you haven't noticed already, the US cars trade at a discount to original EU cars here in Europe anyway. So a mint US car with original diaper, smog pump, ugly bumpers etc will never be the big hit. Any "tasteful modifications" to fix these things can only do you good in this market.
     
  8. nerofer

    nerofer F1 World Champ

    Mar 26, 2011
    12,083
    FRANCE
    Well, as for myself, really I'm not sure. I tend to think that hybridation is not a good idea; better leave the US car in full US standard, including smog devices, extra weight, etc...
    As it will never be an "euro", should you want the "euro" look, then buy a standard euro. Otherwise you will end up with a cross-over that will be neither fish nor fowl. But that's just me. Anyway, whatever you do, it must be fully reversible.

    Rgds
     
  9. Harry-SZ

    Harry-SZ F1 Rookie

    +1
    First thing I would do is to get that car back to original.
    And that is how Pininfarina designed the car.
    So without the ugly diaper, ugly bumpers and all the extra indicators.
    These might be small changes (a lot of work though), but for the overall design they are huge.

    A US car that has been properly brought to Euro-specs is more interesting in Europe than a US-car. An Original euro car will always be more interesting and more expensive though.
     
  10. nerofer

    nerofer F1 World Champ

    Mar 26, 2011
    12,083
    FRANCE
    Actually, you can't bring a US Car even close to euro specs: the work to be done on the engine would not make economic sense, plus you would have to change the doors, the engine hood (to go back to the two rows of grills, not the "U" one) etc...

    Rgds
     
  11. Harry-SZ

    Harry-SZ F1 Rookie

    You are right, but the most important issues are the bumpers, diaper and the extra indicators.
    Those can be done of course and than the car will look way better than before.
     
  12. nerofer

    nerofer F1 World Champ

    Mar 26, 2011
    12,083
    FRANCE
    True, but it also will be neither a true "euro" nor a true "US", and for cars that are slowly becoming "classics", that will hurt, because more and more, originality will command a premium.
    I know that I would let her in full US trim, fully original. Now, if she is not already original, that's another matter altogether.

    Rgds
     
  13. 455Fosbery

    455Fosbery Karting

    Oct 3, 2013
    212
    My impression is that the OP imported the car from the US to the UK and therefore had no choice in making modifications... I did exactly the same with a '67 Mustang into the UK and a 308 into Germany. In all of these cases, you must bring the vehicle into compliance with local regulations (MOT in the UK and TUV in Germany).

    There is a long list of things that must be complied with, suffice it to say that you are forced to make modifications from the original.

    If you take this into consideration, then the market would fall into three categories:
    1. Totally Original Car (which could not be registered in Europe if it was a US spec. car)
    2. Modified for compliance (do what is required to have it registered and no more)
    3. Modified for compliance and then some (update to look like a European spec. car)

    Only time will tell how the market will respond to this moving forward. My thoughts are that "Option 2" would be the best bet, but not sure how that would compare to a Euro spec. car price-wise.

    As a comment, in my case the side indicator lights on the 308 were 'OK' as long as the bulbs were removed!
     
  14. offtheworkigo

    offtheworkigo Karting

    Feb 23, 2016
    237
    Rockwall
    Full Name:
    Dave Hoffer
    #14 offtheworkigo, Mar 29, 2016
    Last edited by a moderator: Sep 7, 2017
    Hi, I'm also a new Ferrari owner. A 85 euro. On the front of the car it has 2 rectangle lights in the grill. When I turn on the lights they don't come on. I've looked for a switch but didn't see one. Are these fog lights or extra driving lights? Maybe they are burnt out? What I'm overlooking.
    Image Unavailable, Please Login
     
  15. nerofer

    nerofer F1 World Champ

    Mar 26, 2011
    12,083
    FRANCE
    I don't know for the rest of European countries, but in France you can actually register a non-modified, fully US-stock, USA spec car: there are examples of US specs 308 and 328 registered here. The biggest PITA is the Certificate Of Conformity...not the car

    Rgds
     
  16. 2281GT

    2281GT Formula 3
    Owner Silver Subscribed

    Oct 9, 2006
    1,134
    Germany
    Full Name:
    Markus
    +1

    Sell the US spec. and buy an original EU spec. car, because mixing up is only burning money.
     
  17. 455Fosbery

    455Fosbery Karting

    Oct 3, 2013
    212
    This is very-much country dependent... CH is extremely difficult I hear!
     
  18. nerofer

    nerofer F1 World Champ

    Mar 26, 2011
    12,083
    FRANCE
    On the other hand, France is very, very restrictive towards cars produced in small series, much more than the UK for instance.

    Rgds
     
  19. piezo

    piezo Formula 3

    May 27, 2011
    1,533
    Hong Kong
    Full Name:
    Steven


    These are flash-to-pass lights. Just like modern flash-high-beams.
     
  20. piezo

    piezo Formula 3

    May 27, 2011
    1,533
    Hong Kong
    Full Name:
    Steven


    +2

    It's not that the euro spec cars are extinct or nearly extinct, why bother getting a US spec if people are really concerned about these things...
     
  21. vaccarella

    vaccarella Formula 3

    Apr 16, 2011
    2,291
    Full Name:
    Paul
    I suggest you do what you wish to bring the car to a visual look you enjoy driving.

    I bought a similar car in 2000 and I:

    - fixed rot & bare metal resprayed
    - changed the rear lid (original was in poor condition). The new one is a Euro one
    - flattened the crinkle targa top & painted body colour
    - pushed in the US bumpers
    - replaced deep front spoiler/valance with standard shallow
    - changed mismatched Avon/Fulda tyres for Michelin XWX
    - added UK mandatory rear fog
    - added a fabricated rear exhaust surround in body colour

    I wish I'd also at the time:

    - changed rectangular side repeaters for round
    - converted to full euro bumpers

    I now wish I hadn't:

    - added rear spoiler, but this is easy enough to delete when I get round to it

    and already done before my purchase:

    - cats removed
    - a/c removed

    Unless your car is a pristine museum piece, I would not be concerned about the effect of similar cosmetic changes on value. Fix it up so you can enjoy driving it and not be embarrassed by ridiculous sticky-out bumpers!
     
  22. robo330

    robo330 Formula Junior

    Apr 15, 2014
    608
    Michigan USA
    Full Name:
    Karl Robertson
    I'd like to add my 5 cents worth in here. When I was in the process of buying my 1985 308 QV here in Michigan, I spoke to someone I have known for many years. He owns a very reputable sports car business.According to him, here in the USA, a Euro spec car was worth a fair bit less that a comparable US Spec car. He was just speaking about market values at that point. I told him I preferred how the Euro cars looked and performed, but he stood firm about the dollar value difference. Sound like the same on the other side of the water. They prefer Euro cars to keep their original configuration if built that way. I think that is the key here. Keep them as close to original as possible or keep their original parts if the next owner want to return the car to how it was when built. As a owner who has already "improved" some parts of the car since buying it, I say enjoy the fruits of your changes. You will never please everyone! Try to make sure at least you are happy!!!
     
  23. offtheworkigo

    offtheworkigo Karting

    Feb 23, 2016
    237
    Rockwall
    Full Name:
    Dave Hoffer
    Thanks I will try them when I get home. It would be nice to have them as extra lighting. I'm older now need all the light I can get.
     
  24. Hannibal308

    Hannibal308 F1 Veteran

    Jan 3, 2012
    7,177
    Arizona / Hawai’i
    Full Name:
    Hannibal
    If you like the Euro look, change your bumpers, grille, side repeaters, and get rid of your rat's ballocks exhaust shroud. Many, many people will like it better. Keep the US parts for the few die-hards that have convinced themselves that values are somehow higher for a car with these blights and who have learned not to shriek when they look at their own cars before they go drive them.
     
  25. Tepidboy

    Tepidboy Rookie

    Mar 2, 2016
    8
    Chaps thanks for the replies. Many different opinions. I guess this must replicate the market for 308s. Some like them 'original', some like them looking good. In which case changing it the way I suggest will put off as many people as it attracts so will have a neutral effect..... I'll make the changes then!! (But keep the original parts).
     

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