Ferrari value

Looks like someone just have too much Merlot.

 

You are lucky...in Sweden the cheapest 355s are around $65. For a good 308 QV, you´d have to pay around $50.

 

On the 105k mile 308.

One owner is a plus
Full maintenance records is a plus
(Assumed) new paint job is a plus
High mileage is a minus
Needing a major is a minus
Being a GTSi (not QV) is a minus

It will appeal to only a limited number of buyers obviously. I would think though being one owner means it probably has been reasonably taken care of over its life. Most neglectful owners would have unloaded it in 1984 for something else.

Just a guess, but the car is probably priced with 10% "wiggle room" for the dealer. In other words, they could sell it for $17.5k as someone else posted. Assuming everything checks out OK and all cylinders show good compression and the interior is presentable...

Buy it for $17.5k, do a major yourself for $3k in parts. Spend another $1.5k on brake pads, suspension bushings, and tires.

At the end you have $22k and a 308GTSi in an interesting color with six figure mileage. A driver to be sure. If it had 200k on it the car would still be worth $10k even if the engine was shot. OTOH, owner may get lucky and in 5 years suddenly 308s are the rage and he can sell it for what he has into it.

This would be one for the savvy home mechanic to buy and drive into the ground, even then it would have more value than a Corvette or 911 of similar age, condition, & mileage.

 

Potential buyers may also be those that have enough home equity they can finance the car using their home as security. Some have interest only loans that would leave them with a payment of only $125 on a $30K loan at 5%.

 

what he said. $25k buys decent / nice QV if you "want" to sell. color also matters. some cars may go for a bit more, but there are cars FROM LAST YEAR still for sale, from when i had my 85 euro GTB QV for sale, and sold for $29k. i will buy a keeper euro Qv in the spring / summer next year. for now i am dumping my cars, and focusing on going back to school, and other things.

for the record, i like pruguna, good luck with your sale.

 

You guys in the US probably got the short end of the stick.

You took up the bulk of the production, and supply is plentyful in comparison.
A lot of cars were bought by 'it's just a car' first owners, and are now in 3-4 condition.
Your currency is tanking, and everything worthwhile is crossing water.

Dirk says a decent 308QV is 50K. Even that is cheap, here it is more like 75-80K at the moment. Supply is extremely limited and bringing in a car from abroad very, very difficult. The currency is strong at the moment, and even so, prices are on the UP.

I also note that in Europe, many of the decent to good condition 308's are now being advertised higher than a lot of 348's and some 355's. Relatively few cars are being offered for sale at the moment too.

Looking for a Euro QV GTB in good shape in the US in spring/summer might be a little late.

 

Ferraris tend to be "specialty" cars.

The "average" car buyer is leery of "old" cars, and non-enthusiasts convince themselves that Ferraris aren't for "real" people, and in a "cars are bad" PCism age, people have put their dreams away.

So not everybody on the street is looking for your car. But somebody out there is.

The trick to selling is to communicate your sale to the potential buyer.

If you subscribe, you could post it on FerrariAds. (Ob. plug for Rob )

But behold the power of e/commerce:
I had a limited production (WRC homologation) Celica "GT Four" to sell.
The Audi dealer (Audi quattro dealer!) told me it was "too specialized" for him to take in trade.
The Mitsu (EVO) dealer told me he'd have to low-ball me on the price.

So I put up a web page on it, and then planted links to the web page in a few rally and ricer forums. And I put up my "firm" price, not a "hope" price. Within three days, I had a bidding war going on over the car, from buyers all over the country. (Plus a few suspected scams -- be forewarned) It sold (cash) to the first guy who came to look at it.

Now the economy was better, back then, and it was only a $2K car (twice what the dealers were offering), but the principles still apply: put the information online, and let the buyer come to you.

Most internet accounts come with a web page service. Take some digital photos, mung up a simple HTML page to present them, and then let people know where to look. Don't just focus on the "good"; let the web page answer all the questions a potential buyer might have.

A text ad on, say, an Alfa BB might not generate enough interest to call and ask questions, but it might generate enough interest to look at the web page. Then, with the full story and pix, that may generate the inquiries.

(One suggestion, though, if you include your email address, put it in the page as a gif or jpeg, not in text. "Bots" search web pages for the "at" sign, and collect email domains to use as bogus senders for spam.)

(FerrariAds saves you a lot of that DIY web page hassle, and connects to people with an interest in the marque. So unless you already have your own web pages, that can be the easiest way to put up a "page" on the car. And the PM function reduces having to mess about with your email addy.)

---
"Oh! So *that's* `puce'" -- Sully (Monsters Inc.)

 

How difficult? I have a euro car in the US, might be an easier proposition to export and if the values are that high, might be financially viable.

 

It looks like a sharp GTBi is on Ebay. I didn't see the color mentioned in the add, but isn't it Prunga?

http://cgi.ebay.com/ebaymotors/1980-FERRARI-308-GTBi-30K-ORIG-MLS-TRADE-Z06-/110595543066?pt=US_Cars_Trucks&hash=item19c002101a

 

looks rosso rubino to me. wonder what my 70 camaro or 78 T/A would be worth in trade to him

 

My comment on the difficulty of importing was about South Africa, where I live. Cars to import, for a start, must be RHD.. Exporting your car to most countries in Europe shouldn't be a problem at all.

 

Probably as much as my NSX since I cant seam to merit a return e-mail after 3 attempts.

 

TO help you out a bit... I sold my 1984 very clean, 1 owner Socal GTB quatrovalve (750 or so made) for $32K a little over a month ago. I had a "Buy it Now" on the 10 day auction. It sold in 5 days. Bids were up to $27K or so when it sold. I went the extra mile to sell it, and used an HD video camera to video everything nice... as though you were there in person, looking at the car. Took it on a little test drive etc. I tried to be as helpfully as humanly possible with the purchase/transport. It was a 38K mile car with everything in great shape... it was hard to believe it had 38K miles on it. The windshield even looked new. I had every single tool, rims/even original tires. Zero rust etc... I looked at it like it was very unique example of a 308... if someone was specifically looking for a 308GTB quatrovalve. I did know that to get some good money for it, I had to treat the car as though it would be sold sight unseen, and maybe the buyer wouldn't even come look at it (which is what happened).

Just lettin ya know, that if you can spend the time, write a very nice add, take AWESOME photos, maybe make a video (HD helps) you raise the possibilities of selling your car for what it might truly be worth. But I feel you have to go the extra mile. It also helps if you have something slightly unique. I was gunning for the guy who specifically wanted a 308GTB quatrovalve, with low miles, one owner for 26 years, everything original, and lived its entire life in SoCal. Point out your cars good "unique" features... things that make your car "more special" than all the others out there for sale.

There's LOTS of money out there STILL. There are millions of people with more money than they'll ever spend in their life. You just need to find one of them. Didn't Goldman Sachs pay out $700,000+ bonuses to over 31,000 employees 9 months or so ago? All you need is ONE of those guys to be in the mood to buy a Ferrari the day they cash their $700,000+ check. hehe

Good luck. Spend time on your add & it will pay off. I usually take about 100 photos then weed out the good ones to use for an add. Nice photos which show off how nice the car really is.