Hate To Ask, But What Is My Car Worth? | FerrariChat
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Hate To Ask, But What Is My Car Worth?

Discussion in '308/328' started by AJS328, Nov 23, 2016.

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  1. AJS328

    AJS328 F1 Veteran
    Owner

    Apr 23, 2003
    7,520
    New Jersey
    Full Name:
    Augustine Staino
    #1 AJS328, Nov 23, 2016
    I never wanted to be in this position, but I may have to sell my car. If I do have to let it go, I obviously want to make sure I'm not leaving money on the table. The market seems to be a little iffy, so any input I can get is appreciated. Here are the basic details:

    1989 328 GTS
    Azzurro Metallic/Crema
    71k miles on chassis, but only 11k miles on 100% rebuilt original engine
    All books, documents, receipts, window sticker, etc, from Day 1.
    Aftermarket tool set.
    Very good driver condition.
    Big belt service+ one year ago.

    This car is my pride and joy and I never had any intention to sell it. It's a turn-key car, and it's a great car. Plus, it's one of the only '89 models ever made in this color combo.

    Anyway, thank you for any pricing advice I can get.
     
  2. miketuason

    miketuason F1 World Champ
    Owner Silver Subscribed

    Feb 24, 2006
    15,813
    Cerritos, CA.
    Full Name:
    Mike
    #2 miketuason, Nov 23, 2016
    Can you post some photos? Also, what was the reason for the engine rebuilt?
     
  3. bertrand328

    bertrand328 Formula 3

    Jun 1, 2015
    1,626
    France
    Full Name:
    Bertrand
    #3 bertrand328, Nov 23, 2016
    Augustine, don't you have already sold this car ?

    Are you intend to buy another 328 ?
     
  4. AJS328

    AJS328 F1 Veteran
    Owner

    Apr 23, 2003
    7,520
    New Jersey
    Full Name:
    Augustine Staino
    #4 AJS328, Nov 23, 2016
    I'm at work so I don't have any photos here, but I've posted many in other threads, including the 328 MEGA THREAD, among others. The engine was rebuilt because there was some leakage in a few cylinders. The last owner had it done by Competizione & Sports Cars in MD. Literally every nut, bolt, screw, and washer on that engine was replaced. I have full documentation (paper & photo) of the entire rebuild, and it cost over $45,000!
     
  5. AJS328

    AJS328 F1 Veteran
    Owner

    Apr 23, 2003
    7,520
    New Jersey
    Full Name:
    Augustine Staino
    #5 AJS328, Nov 23, 2016
    Yes, I did make the mistake of selling this car once before. I am not in the market for another f-car. This is the only one that I want.
     
  6. JV's89

    JV's89 F1 Veteran
    Owner Rossa Subscribed

    Jul 18, 2006
    7,305
    Pittsburgh, PA
    Full Name:
    John
    #6 JV's89, Nov 23, 2016
    Our cars have a very similar background. Mine has 72k miles and the engine was rebuilt about 10k miles ago.

    I think $70k would be a fair place to start.

    I hope you're able to keep her, but if not, best of luck to you!
     
  7. Sean F.

    Sean F. F1 Rookie

    Feb 4, 2003
    3,066
    Kansas
    Full Name:
    Sean F
    #7 Sean F., Nov 23, 2016
    then why do you care what it is worth?
     
  8. AJS328

    AJS328 F1 Veteran
    Owner

    Apr 23, 2003
    7,520
    New Jersey
    Full Name:
    Augustine Staino
    #8 AJS328, Nov 23, 2016
    I may not be in a position to keep it, and if I'm going to sell it I want to get every penny that it's worth.
     
  9. AJS328

    AJS328 F1 Veteran
    Owner

    Apr 23, 2003
    7,520
    New Jersey
    Full Name:
    Augustine Staino
    #9 AJS328, Nov 23, 2016
    Last edited by a moderator: Sep 7, 2017
  10. dm_n_stuff

    dm_n_stuff Four Time F1 World Champ
    Lifetime Rossa Owner

    Dec 10, 2003
    43,757
    26.806311,-81.755805
    Full Name:
    Dave M.
    #10 dm_n_stuff, Nov 23, 2016
    Sell a kidney, keep the car. :eek:

    I am MOSTLY kidding. :D

    You must be serious if you're considering selling your pride and joy.. Be sure to include a first right of refusal to buy it back when the next owner goes to sell it.

    Other than that, hope all is well with you.

    D
     
  11. AJS328

    AJS328 F1 Veteran
    Owner

    Apr 23, 2003
    7,520
    New Jersey
    Full Name:
    Augustine Staino
    #11 AJS328, Nov 23, 2016
    This is the kind of car that you do that for. With my luck though, I would need that kidney some day!
     
  12. miketuason

    miketuason F1 World Champ
    Owner Silver Subscribed

    Feb 24, 2006
    15,813
    Cerritos, CA.
    Full Name:
    Mike
    #12 miketuason, Nov 23, 2016
    My gosh that this one or just car, olive that color, thanks for the pics. You should be able to get top$ for it. If I have to guess I would say $120k minimum, again I'm just guessing.
     
  13. dwhite

    dwhite F1 Rookie

    May 30, 2003
    3,511
    Bklyn, NY/Vero Beach
    #13 dwhite, Nov 23, 2016
    Haven't you sold and bought like 10 328s. Ask high and negotiate from there, the market is stagnant at the moment. I think 70 is way high.

    Good luck on not having to sell that car. I remember seeing at BWs house a zillion years ago.
     
  14. AJS328

    AJS328 F1 Veteran
    Owner

    Apr 23, 2003
    7,520
    New Jersey
    Full Name:
    Augustine Staino
    #14 AJS328, Nov 23, 2016
    In that case, I'll do what I have to do to keep it. I wouldn't take $70k for the car. Too much intrinsic value there for me to do that. We'll see.

    Can you believe that BW's party was over 13 years ago?? Crazy. You had your QV there, if I remember correctly. :)
     
  15. 308 milano

    308 milano F1 Veteran

    Jan 15, 2007
    5,328
    Montana
    Full Name:
    Kim
    #15 308 milano, Nov 23, 2016
    Wow.. very sorry to hear this. Dodged this bullet myself just last month. I remember how excited you were to finally have this car back. Hang in there Augustine, pretty crazy how things work out sometimes.
     
  16. dm_n_stuff

    dm_n_stuff Four Time F1 World Champ
    Lifetime Rossa Owner

    Dec 10, 2003
    43,757
    26.806311,-81.755805
    Full Name:
    Dave M.
    #16 dm_n_stuff, Nov 23, 2016
    Wait, WHAT??

    That was 13+ years ago???

    Holy **** I'm getting OLD!!

    13 years ago..

    Wow.

    D
     
  17. AJS328

    AJS328 F1 Veteran
    Owner

    Apr 23, 2003
    7,520
    New Jersey
    Full Name:
    Augustine Staino
    #17 AJS328, Nov 23, 2016
    Actually, the party that you went to was only 11 years ago, Dave. BUT, the original Wellington Chateau party was on August 11, 2003, which is the one that the other Dave was referring to.
     
  18. AJS328

    AJS328 F1 Veteran
    Owner

    Apr 23, 2003
    7,520
    New Jersey
    Full Name:
    Augustine Staino
    #18 AJS328, Nov 23, 2016
    John,

    Out of the 2 figures posted so far, I like Mike's better! Hahaha.
     
  19. AJS328

    AJS328 F1 Veteran
    Owner

    Apr 23, 2003
    7,520
    New Jersey
    Full Name:
    Augustine Staino
    #19 AJS328, Nov 23, 2016
    Thank you. I appreciate this, and trust me, I won't give it up without a fight! I just wanted to test the water in case I have to do it.
     
  20. andrew911

    andrew911 F1 Rookie
    Silver Subscribed

    Sep 8, 2003
    2,894
    Northern NJ
    #20 andrew911, Nov 23, 2016
    I didn't go to the BW party, but was at Gieger's for drives with the crew a few times- I remember Augustine's 328 which was beautiful back then- wonderful color. I had a black 911 convertible in those days...

    Any buyer can be sure this car was cared for!!

    -Andrew
     
  21. AJS328

    AJS328 F1 Veteran
    Owner

    Apr 23, 2003
    7,520
    New Jersey
    Full Name:
    Augustine Staino
    #21 AJS328, Nov 23, 2016
    I'll always remember your black 964 cab ('93 if I remember correctly). Hope you're well, buddy.
     
  22. dwhite

    dwhite F1 Rookie

    May 30, 2003
    3,511
    Bklyn, NY/Vero Beach
    #22 dwhite, Nov 23, 2016
    I know time flies. I was at John Aerens(sp) the year before and met the NY/NJ guys from Fchat. I still have the QV with almost 72k on it. Hope you can keep that car, it got away once.
     

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