Modern Era V8 Collectiability? Will it be the 355? The 430? over the 348 360 458?

May be not. How many of you guys are into 928's? 924's, Alfa GTV6's. These cars are 20+ years old and should start to be collectible but I do not see much movement in them. I think the car hobby appeals mostly to those 45-75. demographics play a big part in this. Guys 20-45 may be more into experiences than owning a bunch of stuff.

 

I'm going to thow my 348 Spider in the mix as well. It was the shortest production ferrari, only lasting 2 years due to LDM's hate for the car. It was the first 2 seater, convertible built since the 70's. It was the last car before they started using power steering, and all the electronic gizmo's. It is starting to get more respect as more and more articles are surfacing about how great the steering is , even compared to more modern ferrari's. Those articles quoted a TB and not a spider but my spider steers really well. It has the history and story to go with it, just like the Dino. Depends on whether or not people will still like the styling of the car. Time will be the judge. I had a chance to buy a Yellow Dino, 246 GTS in 2005 for $60,000. Needed a bit of work but I didn't have the money at the time. I'm kicking myself now. I'd still like to have one!

 

It is in our nature.

Just because YOU don't understand that itch, doesn't mean others don't have it.

Personally, I cannot understand why someone would pay big $ for an old Rolex. doesn't keep time as well as my Citizen eco-Drive, much more difficult to keep running, not really that handsome (kind big and klunky to my mind), and a million knock offs exist. But...they are in high demand.

I can understand wanting a Picasso or Monet, Van Gough - but not for $40 million. But that is the going price. Hell, VG couldn't even sell his stuff when he was alive - he sort of died of lack of funds.

I can't understand wanting some insanely expensive piede of polished mineral - like a diamond. But, women have that itch too and this is what scratches it for them.

Cars scratch an itch, and Ferraris are the ultimate scratch. Why - they are beautiful. When you are in a bar and a knock-out babe walks by - do you drool? I do, and I am too old to even do anything about it. But I still love looking. I'd love to have her at home just to look at her whenever I wanted. That's a Ferrari (or whatever classic car you may want yourself). It makes you happy just to open the gargae door and have a look at it. Don't have the same feelings and lust for just some normal looking woman that walks by, even though she may be a better wife, cook, mother, etc.

And you certainly cannot drive a painting or a watch or a piece of jewelry.

Alos agree with The Mayor - production numbers are not the end of the story. Chevy made more than 500,000 67, 68. 69 V8 Camaros (who knows how many 6 cylinders??). They are pretty darn collectible now. And - 20,000 production in today's modern world is not that much.

 

The problem with the cars you noted above is that they were not Purist cars when new... Porsche values have always really rested in the 356 open cars, and 911's... the 9 series cars have pretty much just languished in value - they are great fun cars, but just dont have the purist attraction of an air cooled 911...

Alfa.. well that's like eating caviar.. you have develop a taste for them & the fact that they were so poorly built and expensive to repari compared to actual prices.

Ferrari's at least benift from the fame of the racing and high dollar new cars... so they will be desirable- question is which ones will appreciate, hold value or depreciate.

I'd say after the early 355 6 speed's... the cars will depreciate and eventualy hold at a steady value.

 

The problem with the 348 is that it has never and probably will never be considered a "pretty" car, and the prettier the car, the more they seem to be worth (hence the value of the dino). The Testarossa would increase in value before the 348 as there were many less made and it was the iconic car of the two, and they are doing the opposite right now. The only hope for the 348 is if the TR skyrockets in value and the 348 rides it's coattails as it's little brother where those that can't afford a TR settle for a 348.

I think the best looking of the v8's are the 355 and early euro 308, followed closely by the 360, so if I were to rate collectibility it would be the limited production versions of those cars. That leaves basically the 360CS and 355 Fiorano as the two models that have the best shot at being worth more in the future. I wouldn't buy either of them with that in mind, though. I also am not a convertible sports car fan, so it would leave the 360CS and I think the market already reflects that as they carry a premium.

For me, the 355 has the best blend of looks and performance, so that's what I bought. I am under no illusion that it will increase in value, though.

 

Totally agree. It's being driven by speculation, as it was in the early 90's.

But, the point is, here is a car that everyone said would never be collectible and is. In the 80's, it was not considered "beautiful". It was considered "old fashioned" from the sharp creases and folded paper designs of the time.

Fashion changes. What is popular today will not be popular tomorrow.

I dare say that if the Dino came onto the market today, 80% of Fchatters would say it's ugly, horribly under-powered, and too small to fit into.

 

It's so funny that you guys should mention the 928. I LOVE my 79' 928. Great GT car. Comfortable. Fast (comparatively)... and can't get myself to sell it for the $2000 I'd be able to sell it for. There are a whole bunch of guys over on Rennlist that own 3 or more of them in their garages. They constantly mention the 1995 model that recently sold for over $120,000. Clinging to the hope that one day "when all the bad ones are off the road" the cars will sky rocket in value because people will see. Right. It SHOULD have happened by now at 33 years.. part of the problem is the 9 series cars have become redneck Porsches rusting in the back with the chickens because they started to fix them but ran out of funds. That is of course until the wife tells them to sell it.. and the cycle repeats itself. In the beginning they were cars for a new Porsche owner, upper middle class professional or their wives, then then went to 6-series BMWs, 550's, or Aston Martin when they could afford it. It was a stepping stone not the desired end.

As mentioned above it's not proverbial Porsche. 911 is. 924 will never be a Porsche as wonderful as they are (owned 2).. they're Audi. 914 has seen a bump though. Low supply due to rust seems to trump ugliness it seems. Alfa Veloce? Good friend in college had 2. They'll be worth a ton once they all rust and only one is left. Styling was a tad unorthodox.

Ferrari has the beauty. Even the later models. There is some attrition due to collisions, and even at 16,000 cars.. it's still not alot of production in the grand scheme of things.

 

The 308 is the iconic grandaddy of the modern era and out of many produced, relatively few really nice ones remain. I expect mine to at least hold current value and likely appreciate at a conservative rate.

IMO other V8 collectibles/desirables will be 328, 355, 360.

 

Its an interestinging question. However, for many of us, does it really matter? Whatever you think will be collectible, the best way to enhance it's collectibility is to buy a clean low mileage example and then proceed to drive it as little as possible. Personally, I can't afford to buy a second one for display purposes only.

Like I said, it is still an interesting question. Personnally, I think most will do reasonably well, but I do not think any of them are going to be exceptionally collectible. If I had to pick one, it would be the 355 stick. Distinctive styling, good performance and great sound.

If I had the money to put a car to the side, I would go with a Ford GT.

 

928 GTS' never dipped below $40k, and they've now taken-off. A 5-speed version commands best pricing due to the rarity.

 

True

 

Sports Car Market Price Guide (pretty much the Bible for this stuff) shows $30 - $40K for 928 GTS, and a collectibility rating of D - second from the worst.

To my eye, the 928 is simply an ugly car - not OK, but ugly. They perform well - I have driv en a few and was impressed - but certainly not a sports car like a 911. Parts and service prices are astronomical - up to Ferrari standards.

For these reasons - I predict that 928s will never be desired.

 

i see the mondial prices in the last years go up!

a lots of mondial are bad with modifications,dirty etc and some (i see beatifull picture of mondial owners in this great forum) are beautifull!

i think that in the future the price of mondial, 3.2 and T (especially the 3.2 Enzo era car)
go up up!!!

a pristine 3.2 mondi is a investment for me in this moment!

 

"Replaced" is the key word. Yes, you can remove all of the electronic crap in these cars and replace it with whatever Intel comes up with next. But in the realm of collector cars, the premise is that the original car lives on. No one is replacing 250 GT Lusso carbs with vastly improved direct injection.

It remains to be seen whether any of these late model cars (F430, Maserati Granturismo, etc.) are noticed by collectors or bandaged up for people who thought these cars were good looking when new.

The Dino was the last timelessly beautiful car. Beyond that, not much matters when it comes to what becomes collectible.

(Yes, I love 308s, but there is a bit of '70s about them.)

 

348 Serie Speciale...The FIRST STRADALE

 

I vote 355. Awsome looking machine..almost timeless really, the sound is simply the best car sound ever ( tubi with test pipes, still to this day sends shivers down my spine at full shreek!!). They drive very well and are quite comfortable on a fairly long drive. Always entertaining.

They have an incredable amount of issues, but most should be sorted out before they hit the collectiablity mark.

 

PLENTY of those classic show cars have upgraded ignition systems tucked onto the stock housings, no reason you couldn't do the same with the modern cars using the same wiring etc. You're not changing the engine internals or induction system, just like you wouldn't on a 250.

 

I think the GTC fits that mold a lot better. The serie speciale didn't have all that much done to it comparatively, similar to the 355 fiorano.

 

the answer is...none of the above and certainly not the 355, nice car but design-wise it's just a 348 with a few different panels tacked on.

 

And a 250 gto is just a 250 gt with some panels tacked on. Same for the f40 and 288gto from a 308.

 

360 CS
355 Berlinetta

Going to take a while...15+ years

 

What do you mean certainly not the 355? Do you have a cystal ball?

The 355 is quite the machine, yes I have said many harsh things about the car mechanically, and about the build quality, but it is defiantly one the the most stylish and for the day was truly exotic in its performance. I'll tell you, dive a we sorted 355 and you will be simply amazed by its capabilities. Not too many cars come close, even today.

Any time one rolls into the shop, no matter what other ferraris are there, people gravitate to them and they all say it such a beautiful car. In my mind there is no doubt it's a future classic.

 

Too bad Fchat was not around in 1980. If so, there would have been a thread about which 60's area cars would be collectible.

I'm guessing that any 330 or any GT would have been poo-poo'd as just "used cars". Who would want a 275 gtb? Are you crazy?

 

This is a bit random but I can't believe the Dino 246 GT, as great as it is, is worth 2-3 (or more in some cases) times what a 308 is.

 

None of them will. A 308 will be worth more in 20 years than each one of them. The others are far better cars but it makes no difference.