Here are the ones with "rear seat delete" I have captured on my list: 09472 dino_bob - Robert; Norway (Red / Red-Black, Rear Seat Delete option?) 10312 docdozer - Charley (ex-zman); Maine, USA (1975, Blu Scurro met. / Tan w Rear Seat Delete option) 10324 qereti - Gani Bardha; Bloomfield Hills Michigan, USA (1975, Red / Tan w Rear Seat Delete option) 10540 Strictly Ferrari - Al Ierardi; Naples Florida, USA (1975 Euro, Red / w Rear Seat Delete option) 10756 sltillim - Spencer Tillim; Bay Area California, USA (Rosso Corsa / Tan w Rear Seat Delete option) 14628 dinogt4guy - DT; Hewitt Texas, USA (Red / Black w Rear Seat Delete option) 15468 David Jarrett, Chatham Kent, UK (Argento Auteil / Blue w Rear Seat Delete option)
Amen to that. The idea of recouping restoration costs on an exotic is a fairly new one. Not until the market be became overheated were the cars ever thought of "investments". Traditionally these cars were passion projects. What we're seeing now is a return to normalcy.
The real problem is the bull**** price estimates in Cavallino and Forza. 20-30K is not even realistic for nice drivers. I am not sure why they are so out of touch with reality. I hope at some point these cars go up. I never thought I would even consider this, but probably will sell one or both of my cars sooner than later...
You can add car #10400 to rear seat delete list Though I don't want to put the owners name on here without his permission (not an FChatter)
Friends, Article in new Sports Car Market Mag Jan 2017, has an article on prices for GT4's. For some reason they are pumping up the model, which strange as in the past they have been a big detractor. There is a cryptic mention in the article to me, see if you can find it...... Wishing a Happy New Year to all.... Rob
Sad reading this but I guess its where the market is at and in my opinion its also why full restorations don't really make economic sense at this point in time. Friend bought the best GT4 in Africa (ok there are only maybe 20 here but anyway), the prior owner spent a fortune restoring it and the purchase price wasn't significantly more than the restoration actually cost.
Do remember nothing goes up in a straight line. Just a few years ago the BEST Gt4 in the world was still a $40K car and drivers were in the high teens, low twenties. We've pretty much doubled those numbers in short order... markets strengthen and soften, and of course the red cars do sell quicker. Would not be surprised to see them strengthen again this summer after Cavallino's 50th anniversary of the Dino- My 13,000 mile 75 will be there! And would not be surprised to see them begin to soften as we get into the latter part of 2017- as Winter often does to exotic prices.
Thanks, Nick, duly noted! Do you now own this car, or does it still belong to falcoray (Ray Walters)?
Sorry, John, just trying to keep my list straight. I still show you as owner of 13960 (1977)... are you saying it left you (to Steve) and is now on to a third owner?
Most Ferrari's make sense on some level even to restore but the costs to restore 308 GT4's at the moment makes it a labour of love rather than "well I will get my money back". In my opinion the carb engine makes them desirable. For me though I just cannot find a comfortable driving position, either too far from the pedals or my head is against the windscreen.
The idea of any old car paying back restoration costs is a relatively new one. Traditionally every restoration was a passion project. The recent surge in values may turn out to be a historical anomaly. Buying a ferrari as an investment is a risky move. In my personal calculus the enjoyment I get from owning, driving and working on my car is sufficient ROI for whatever the car costs me.
