Does anyone have information, on the 308, at park place motors,
What, it's back??? That was my bosses car and he (edit: I thought?!) sold it through PP about a month ago. Same VIN 33225. Is it actually there or just still on thier website? He owned the car for 25 years
The asking price of $35K is really high for a 1980 injected 308. You should be able to find a nice 4-valve ('83-85) for that price, or even less.
Unless I'm missing something PP has a nice car there. The sum of all its attributes makes their price seem reasonable. I'd rather pay more (and I do) for a well sorted car with good history any day. There are not many 308's for sale right now that have had the same owner for the last 25 years that are in this condition.
It is well sorted (for a 32 year old car), last 25 years of ownership by a meticulous architect and serviced by Carlo.
Price example: 1984 308 QV GTSi with a recent major service. Buy it now price is $26K http://cgi.ebay.com/ebaymotors/GTSi-Quattrovalvole-/130721721574
I am in the car business and hear this argument comparing used cars. And in this thread I'll state what I basically have to say to some folks - if you want a $26k car have fun and go to Tucson (or wherever) and get it. If you want a well-sorted local car from a dealership with all documents then pay about $10 grand more. There may be a little wiggle room at PP - note the word "little". I have no affiliation with PP or the 3x8 owners. In a lot of cases you simply get what you pay for.
Yes, if it was a higher end car. But $10K is a big difference when you're talking about cars that are only worth $20K-40. The Hagerty insurance valuation guide lists the average value of a 1980 308 GTSi at $19,555 The 1980-1982 injected 308s are the least desirable, compared to a carb or QV 308.
Palermofazio, are you still looking into this one? It was maintained for the past 25 years by Carlo. Don't you have a family connection there...?
As someone who has also been around the auto sales industry, I couldn't disagree more with Mark regarding dealer vs. private seller. The ONLY value most dealers provide is convenience -- they live off people who want a car and don't know or don't care about the higher asking price, because they don't research the market effectively. Dealers buy bad cars and sell bad cars just as frequently as they buy and sell great cars. A well-documented car is a well-documented car. Now depending on the state, the legal backlash from selling a bad car is different between private and dealer. The fact of the matter is that most dealers get their cars from private sellers, do nothing, add a percentage and sell it to a private buyer. Cars under ten years old are often bought by dealers at auction with little or no idea of the condition or history. Why then is a dealer car better? And this is the issue: when it comes to any type of used vehicle -- classic or simply just another 40K mile Volvo, dealers often deliver no added value. Indeed they usually do more to hide problems than private sellers. (I always go back to my friend going to PP to pick up his pristine Porsche 928 that they failed to sell and seeing one of the PP staff touching up a 308 GTS bumper with a Sharpie.) When was the last time you saw a receipt from the dealer for something that couldn't be seen other than a new battery? Don't get me wrong -- there are very good dealers out there, but the percentage may be lower than good private sellers to bad private sellers. Finding a collector car dealer that actually unravels issues stemming from a bad car (unknowingly selling a car with major issues) is a needle in a field of haystacks. What you're paying for at most dealers is no more than dealer profit -- or maybe a Costco-sized bottle of Armor All used on the black bits. You pick up the tab on them marketing the car, because unless there are safety items required by state dealer licensing law to be fixed before selling, they'll usually avoid doing anything not 100-percent cosmetic.
It appears that it sold and is now for sale again: 04/19/2012 Dealer Inventory Vehicle offered for sale 04/26/2012 Park Place Limited Bellevue, WA 425-562-1000 parkplaceltd.com Maintenance inspection completed Washed/detailed 05/05/2012 60,763 Dealer Inventory Vehicle sold 06/25/2012 61,191 Park Place Limited Bellevue, WA 425-562-1000 parkplaceltd.com Vehicle offered for sale 06/26/2012 Dealer Inventory Vehicle offered for sale 06/30/2012 Park Place Limited Bellevue, WA 425-562-1000 parkplaceltd.com Vehicle serviced
Here's a cool gold color 1987 328 for sale at Beverly Hills Porsche. Someone traded it in on a brand new Carrera. http://cgi.ebay.com/ebaymotors/170867592179#ht_36826wt_1167 It's the same asking price as the 308 at PP. http://youtu.be/SistvLtVH20
One difference is I haven't been around the industry, I am in the industry. I personally have sold over 1,500 cars in just the last eight years alone. The car business is like any business with human beings. I have had my share of doctors, architects, attorneys, pilots, etc... a surprising amount of white collar "professionals" with poor ethics who could really care less about me or their other clients. I have come across a few that are exceptional and those are the ones that I work with. A lot of my customers have done their research before they get to the dealership and with the internet continue to do it at the dealership. If a customer wants to see it I will show the receipt for all the work we did on the used car. We do a lot more than use Magic Markers and oil changes on our used cars. Most of the cars we sell are trade-ins. We will also buy used cars in the open market as well as lease return cars that we feel would be good additions to our used car lot. We have a great reputation and we work hard to preserve it. Used cars are not perfect that's why they sell for less. If a customer has an issue with the used car we've sold them we will work with them to find a solution.
I cannot speak for other dealers, but I can tell you that every 308/328 I have ever seen at Ferrari of Seattle for sale was an extremely nice example. I can also tell you they rarely represent them. The reason (I was told) is most do not meet their standard of quality, originality and service history...simple as that. They had a very nice black 328GTS recently...it was outstanding, it was not there for long.
That 328 has been relisted at a lower price. It seems like a really good deal on a 328, even if it needs a major service (I don't know if it does, or not). http://cgi.ebay.com/ebaymotors/170874263959
