Here are some engine shots.
GTO84 (Kris N) is the Bay Area mechanic that put the car back together after I pulled it from Wayne's shop. He was kind enough add these pics to the post (thanks Kris!). You can eat your lunch out of the engine bay! When the engine was out, I spent about 25 hours IN IT with degreaser and wire brushes, then to a pro job in the firwall and gas tank painting. It's damn clean. The water pump is the one that Eric Schaller builds in Seattle. The car has never ran hot with this unit, as many 308's do on extremely hot days.
You all really need to see the car in person. The interior doesn't smell like vinyl and old funk like most other 308s of this vintage. Also, it doesnt get that nasty funky fog on the inside of the windows when it sits for a while. The interior smells like fresh leather. I don't even think Pete's ever even farted in it.
I would be shocked if you get $30K. I hope you do, but that's my opinion. For a 308 with that many miles on it, $25K would be closer to the market. Of course, it all depends on how "for sale" the vehicle is. I sold a near-pristine 1982 GTSi with under 30K miles for $27K cash in about 2 weeks' time Now...I know there's a difference between the 82 and yours in engine performance so let's not go there. The point is, I WANTED AND NEEDED to sell it because I had just purchased a 348ts. If you are wanting $30K for your car, you might get it - eventually - but I wouldn't classify your car as "for sale" at that firm price just like you probably wouldn't classify my 348 "for sale" at $60K.
That is ALMOST true. Cars that are titled and registered as Historical cars, are exempt. Very few qualify. Ferrari's do however.
Your car could worth about $50k US , if it was in Bangkok,Thailand... But I am certain you will miss the 308... the 348 is more modern, not neccessary more beauty or that much improve different in performance...
Euro ???? Single dist, US Markers, US Bumpers....except for the single dist. your car is a lot like my no-cat '77 GTB with 23,000 miles that I paid $24k for a year ago. Ad $2k for the clutch and WP I had them do so I could drive it home and we're at $26k. You're dreaming if you think you're going to get $35k for a 70,000 mile 308. Sure, you've got a lot of receipts, but those are pennies on the dollar to any prospective buyer. You said yourself add $5k for any potential work - maybe not on your car but EVERYONE adds $$ above and beyond the purchase because as anyone here will tell you "They all need something". Then there's the wheels. Do you have the originals? Even you said they're ugly so what do you think a buyer will think....hum.."subtract $2k for new wheels.." And 23003 is not an early VIN. Nowhere near. Mine's 21825 and Big Tex has TWO cars that are earlier than yours. Besides, unless you have #1, the early vin doesn't really add any value. Are you sure it's not a U.S. car with a single dist? You said you have no DOT paperwork which means it's going to be near impossible to register it not to mention it's got all the U.S. stuff on it (bumpers, lights, etc...). Not trying to rain on your parade, just throw a little logic onto the rest of the 308 owners here who for some reason think there Ferrari is going to return to 1989 pricing when they sell.
Matteo is correct historical plates are very very difficult to get if it was as easy as filling out a couple forms and paying $57 bucks and having a 25 yr old car, then the DMV is gonna get a run of high polluting cars built between '76 and '80 that'll jump on that band wagon also i "heard", that if you have historical plates, you're only allowed to drive the car to and from parades and car shows etc so i hope the same cop doesn't see you every other day driving around in your 308 i guess you can just tell him there are alot of parades going on right now i'm not trying to rain on your parade, no pun intended but i think your red painted engine is a $3k deduction and the sonny crocket mike tyson gold wheels are another $3k deduction like i orginally said "maybe" $25k your interior is very nice though
I've been searching for a 308 online for the past several months and I would have to pass your car by for several reasons 1. Euro version... I would hate to have to replace all the parts that have been removed, 2. No working AC, 3. Too high mileage...looking for 30K or less, 4. Too much money .The reseach I've done shows 308's between $25 & $35 for nice low mileage originals, 5. The work that has been done would have to be by a certified mechanic. Less than $30K would be more realistic...$25 would at least get me to look but the mileage and Euro would not be of interest to me. Good luck anyway maybe your car is just what someone is looking for. Charlie
After finding out more about the car i must agree with $30k max. Without AC and the VERY important DOT/EPA papers...
I fell into my 77 during a business trip. I would not consider it a show quality car but it was restored back in the 90's and had been a summer ride only with winter storage. had normal maint. and had the 30k done at 32k just before I bought it. Got it fo $29k , and no negotiations. This was 4 yrs ago and 18k miles later. I would pay the same price today even with the higher miles. The car has been fun and not that costly to maintain considering the age. I do a full 30k at 15k miles and maintaing the car myself. Even though I see "show " type cars here in Fchat I don't think I would go $35k for a 77. I would go that price for a 75-76 euro glass car and if registered in the US would not have a DOT problem in NY. If/when I need to sell mine I will ask the same price unless I have engine issues but I suspect I will do the engine around 100k miles .
My 2 cents. I prefer Euro cars, more power, less weight typically. Papers are perhaps not as important in reality depending where you live. I registered my Euro Mondial and was never asked for any papers. Reason why... it was all ready registered in another state, they asume its fine. They had problems putting the VIN in the system. How many times is DMV issuing plates for a Ferrari!? They just laughed and overode the system. In Ct. at least as the car is over 25 years old its exempt from emissions. Also it would qualify for historical plates being that old as well with no restrictions. With all that said, i think i would ask closer to 30k.
The AC doesn't work either!!! Uhm, assuming it's just low and no parts need to be fixed that's another $200 a shop is going to charge you to charge it up (remember, not all buyers are going to be DIY's). If it needs parts, that's $1000 minimum in parts and labor to likely get it running (leaking York compressor seals are common). I replaced my compressor, dryer and converted to R134 and it cost me over $600 in parts and new fittings (aftermarket Sanden rotary compressor, BMW Dryer, NOT F-Car parts). Considering how much of a pain it is to access the AC system, the labor is going to be at least 6-hours to do all this. If you find someone to buy your car for $35k PLEASE tell us and I'll put new leather in mine, clean the engine and sell it ASAP.
hey Sean, yeah, no AC, another neg he mentioned that in his first postings i hadn't even gotten around to that one no compressor, no bracket, no belt, an open'd up system minimum is receiver drier plus compressor plus reinstall plus recharge plus belt plus ???? a 308 without working AC in CA is like an oven take the targa top off and carry a bottle of sunscreen i guess everytime i sold a Ferrari of mine, to even get close to my asking price, i had to make sure everything was complete and working and smogged just speaking from experience also i didn't use alot of "creative" wording like "car is a euro, so there's no cats, no equip etc." are we supposed to go "yippee !" what does that mean ? sucker who buys this car is gonna need to smog it right ? i had a euro once and it was DOT BAR and 100% smog capable "no AC, but have all the parts, car is lighter" WTF ? lighter by what, a whole 10 lbs ? and now the next guy can bake his bottom off sittin in it "early VIN" who cares ? we're not talkin about a GTO here an educated buyer will see through all the smoke and mirrors i'll shut up now and go away, i promise
Wow all the Negative Normans came out on this one! He's just asking your experienced opinions, he's not saying "My car is a low vin euro better than anything on this planet!" Maybe we can be a little less hostile.
Sweet looking car - wish you all the best with your revenue generating. I've been searching the market for a while, and think you're trying to hit a very narrow audience. It might be there but will take a while. For me - the car's not original with the wheels, the a/c, don't think the red-valve covers are original (interested to hear, I've seen a few like this but the research I've done shows bare metal is stock), and we need emissions here on the "left coast". Also not motivated by "will do the suspension and tires", fact is the car doesn't have it done today. I've been searching the GTB market as I don't quite fit the GTS as well, and suggest you'd need to be a little flexible in selling price if you want to sell earlier than later. That said - nothing wrong with asking concours pricing and settling for Gold pricing for the transaction. ps: my mechanic is a good reference for street prices, and for a high quality 308GTB carb, he suggested possibly $35k CDA. Different market, different needs, only slightly relevant.
Sean you went the expensive route. I did AC a few years ago with replacing the York ($150) and a new reciever/dryer from Rutlands ($80) and maybe 3-4 cans of 134A ($20) . So I'm a DIY guy and did this over the winter . Can't remember the time but as you can see the whole parts deal was $250 and it stills blows 40 deg. air.
the a/c is a good point, also i find it hard to believe the car is a euro. there should be placcards riveted to various spots if its a USA car, and none if its a euro. i have a friend with a euro '77 308GTB with plates and registration from Modena, Italy. he was hot to trot about his chasis number, which is in the 22xxx range. but mine is *20433*, november 1976. but is a steel 1977 GTB as far as the registration goes. with all the back and forth, at least your car is getting more attention this way! i can dig through my detailed pics file and see what the differences are in the euro Italian 77GTB and compare it to my 77 GTB. i know that the euro single dizzy car my friend has, exhibits some obvious differences the way things are laid out. Peters car is a GTS so that may also add to the differences between so many 1977 model year 308's.
Without DOT/EPA documents I wouln't pay $10k for it. Without those documents the car is subject to confiscation. While I understand that that's not likely, why take the chance at all since proper documented euro cars are out there for sale? And, while a car may be exempt from emission testing, it is NEVER exempt from emissions. The Federal law requires that no OEM or EPA convertion emission equipment EVER be removed from a car. Buy at your own peril.
1) The only parts removed is the AC and the exhaust resonator, which can be put back on in an hour. 2) See # 1 3) Thats personal pref 4) You can spend $25K and I'll guarantee you will put $5K into it in 3 months. 5) All of the work has been done by certified, master mechanics.
