328 prices...what's goin' on?

Big Dave,
I know you must be dying to get out since you were never scared of bad weather in Colorado. I thought you would have studded tires by now. 60+ degrees today here at 8300 feet. You don't seem to be getting much sympathy from other board members!

Yer buddy,
Dave

 

Same here. This was my thinking when I was looking for my 328.

 

I'm just lovin' it.

 

Is there a link to a website where I can view this list? How many US GTBs do you have accounted for so far?

Thanks,

AP

 

This is the one I know about.

http://www.larryorourke.net/ferrari/gtb-registry/

Nice silver GTB BTW.

-F

 

Thanks furmano. Yeah I have that one as well as this registry which lists both GTBs and GTSs.

http://www.ferrari328.com/registry/index2.php

I wonder if there is another one for GTBs out there besides the larry o'rourke list.

I see you are looking for a GTB. How's your search coming along? They're great cars. Happy hunting!

AP

 

Back to the original question - what's going on with 328 prices? I sure wish I knew. The 328 is the price leader on the 3x8 series as the ultimate of the line. We all know that the 328 is not really a 308 even though it resembles the car, but to most, the 328 is an extension of the 308 line. That said, it is the apex of the series and many don't like the 348 styling (the dinosaurs!). So, investor interest has propelled these prices to their stratospheric levels IMO.

I cannot justify paying those prices for the car, but hey, that's the market. Several years ago u could of had a nice car in the $40K range.

I'd bet on the 1985 308 QV cars right now. There is every reason to think that all of the QV's will follow suit - well, some would say they already are.

 

Lets just hope they follow the way of the Dino.

 

I put together a pre-88.5 Red/Tan registry that has all 25 (US) examples that fit that description. Out of those 25 units about 10 of them have basically vanished. No CarFax since around 2000, some of the missing ones have no CarFax at all.

I found one at MotorCars Intl. If everything goes as planned I should have it in about 3 weeks. Can't wait. It's my first Ferrari. Once I get it I'll post a bunch of pictures.

-F

 

Several years ago (well maybe about 7 years ago) you could have a Dino for the $60k range.

I agree. Even though carb 308's are more appealing in some ways, the QV will be the next model to see a rise.

-F

 

Word on the street is that you'd like to join it with its brothers:
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every time I see a pic like that it makes me wish I had gotten the GTB.. JJ

 

Check your ZIP code and the forecast.

 

If it's the red '87, looks like a great car. Congrats.

 

Word. Red Rocks, this summer, four up.

Sentiments like this is the reason the GTB is catching up with the GTS in pricing. From day one the resale price of the GTB has always lagged the GTS. We'll see if that will be the case in the future.

-F

 

I could have purchased a 89 GTS for less than my GTB. I looked at a few but just thought the GTB looked so much better I had to have one. I know Cavallino says that the GTS is worth more than the GTB but I disagree. Maybe because the numbers are so small it doen't register in whatever data they collect. Time will tell.

 

I agree. People who want GTB's want GTB's. They're harder to find but so worth it, even if you have to pay more. There are only 10 88.5 cars and maybe 3 times that in 89 cars so if you want one with all the updates, you'll have a hard time locating one and when you do, you'll a) have to pry the keys out of someone's dead hands and/or b) pay more than people say you should.

All I can say is that if you own a GTB, especially 88.5 or 89, be prepared to get unsolicited offers for the car (sometimes well beyond what you paid). If you're the kind of owner that many in the GTB club are, though, you'll happily decline the offers.

 

Yes it is and thanks. I'm getting all warm and fuzzy inside.

-F

 

That was plan B.

-F

 

It was 60 degrees with warm sun today at 8300 feet. But it's OK for people to think we live on a frozen tundra. Keeps newcomers away!

Dave

 

No worries, I can't fit in the 328 when I've got my oxygen tanks on anyway...

 

Furmano,
I have been tracking GTB prices for about 7 years and I can't find any difference between GTB and GTS prices in the real world even though every price guide has them for less. For a long time, FML's asking price index had 89's for less than I had EVER seen one offered for. I have no idea where their numbers came from. In the 5 years I have owned mine, I have had at least five real, bone fide, unsolicited offers to buy it.

I think a photo shoot this summer on the highest paved road in the world might be in order.

Dave

 

Jon,
You should plan a trip to the high country. We'll grant you a one time exemption to show with a GTS.

Dave

 

Good point. Now that I think about it my observation about the price difference between GTB and GTS was based solely on price guides. I agree, when it comes to the 328 FML seems to be off. I too don't know how they come to their pricing. There was a thread about that subject a little while ago but I didn't bother to read it.

Now you're talking. 14,000+ ft. Actually that road is in my neighborhood, sort of. Then we can all park the cars on my street and freak out my neighbors.

-F

 

Since each U.S. dealer had an allocation of -one- GTB in 1989, that implies there were somewhere around 15-20 U.S. cars. There's some threads dealing with GTB count, and I don't remember the exact number.
Off top of my head, the '89 dealer catalog/list had about 45 worldwide dealers. I don't remember how many U.S. authorized dealers there were at the time.