$139,650 for a GTS? | FerrariChat

$139,650 for a GTS?

Discussion in '308/328' started by wildcat326, Jul 28, 2014.

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  1. wildcat326

    wildcat326 Formula 3
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    Dec 10, 2012
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    Justin
  2. i-velocita

    i-velocita F1 Rookie
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    Sep 9, 2006
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    Looks like a pretty nice example. Good to see a nice car pull a strong price.
     
  3. singletrack

    singletrack F1 Veteran

    Mar 16, 2011
    5,803
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    Full repaint/restore. Still seems high to me. That is Vetro price territory.
     
  4. docbell

    docbell Formula Junior

    Oct 11, 2012
    314
    Erie, PA
    #4 docbell, Jul 28, 2014
    Last edited: Jul 28, 2014
  5. wildcat326

    wildcat326 Formula 3
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    That doesn't sound like a "current" full restore from the description. Total mechanical refresh 25 years ago, and belts and suspension recently. Sounds like great maintenance, provenance, and service history, but other than the repaint, last major refresh is already old. That airbox looks godawful, the carbs are filthy, and the concours repaint blacked out the lower sill, which should be body color on a carb GTS.
     
  6. Todd308TR

    Todd308TR F1 World Champ

    Nov 25, 2010
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    This is interesting:
    Estimate (£): 32,000 - 37,000
    Sold for (£): 82,225
     
  7. lostbowl

    lostbowl Formula 3

    Apr 30, 2009
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    What model Ferrari can you buy for 100K??????????????? I'm really tired of people *****ng when a 308 goes for good money! Think about it, our last Tahoe was 52K our new Equinox was 35K. A Ferrari for under 100K is a deal. IMHO Lost
     
  8. ztarum

    ztarum Formula 3

    Mar 30, 2008
    1,302
    South Jersey, USA
    Not everyone cares about dry sumps and fiberglass apparently :D

    I agree the price is shocking, but the market is really moving (bubbling?) these days so I supposed it shouldn't be such a surprise.
     
  9. wildcat326

    wildcat326 Formula 3
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    Lost -

    I doubt anyone on this board would disagree with the 308 being "worth" six figures on driving enjoyment alone. However, it IS - at least - newsworthy when a great, but not Platinum, example fetches more than double its high estimate and some 4x what you can buy them for in the US. Thus my original question, is it just the rarity of RHD?
     
  10. vaccarella

    vaccarella Formula 3

    Apr 16, 2011
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    Nope. RHD cars are not at all rare in the UK. In fact, LHD is pretty rare here ;) Think about it.
     
  11. roalda

    roalda Formula Junior

    Oct 2, 2007
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    Roy
    The 308 was an ok car not by any means a concours car!
    308's values have been rising in the Uk for around 12 months now and seem to be raising good prices.
    The 328 was in good condition apart from the engine bay, there was a large amount of corrosion to the engine, looked like it had been left outside in damp conditions.
    328's values have almost doubled in the last 6 months, 40K was the going price at the begining of the year, now 60-80K seems the norm if you can find one!

    Regards
    Roy
     
  12. Dr Tommy Cosgrove

    Dr Tommy Cosgrove Three Time F1 World Champ
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    I think that it is that we are just a little shocked.

    That is a pretty big price, historically speaking. I am really amazed.

    Do you think this is a bubble or are we heading here to stay?
     
  13. roalda

    roalda Formula Junior

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    There was a 328 in a dealership in the Uk for just shy of a £100K! That has now gone, it had 7K miles on the clock.
     
  14. bobzdar

    bobzdar F1 Veteran

    Sep 22, 2008
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    There are just too many of them, imo. Looks like a bubble to me, but who knows. I still don't think Dino's are worth what they go for, so it could be the new reality. I just think for that kind of money there are too many other options. You could get both a 550 and a 355 for that money and as nice as a 308 is, it can't compare to either of those two let alone both.
     
  15. Bullfighter

    Bullfighter Two Time F1 World Champ
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    I don't know... a 246 doesn't compare to a 550 or 355. I think a 308/328 is a LOT of car compared to the later stuff. Performance is cheaper than style.
     
  16. Ferrari 308 Vetro

    Ferrari 308 Vetro F1 Rookie

    Nov 12, 2012
    4,426
    Austria
    interesting results from the Silverstone auction.
     
  17. Bullfighter

    Bullfighter Two Time F1 World Champ
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    I agree -- this one looks well sold. Based on the photos, it wasn't a full disassembly/respray, and the rust visible on the expansion tank and airbox makes me think the car was used extensively following the resto.

    Maybe a RHD GTS is worth a premium in the UK.
     
  18. ColoradoTiger

    ColoradoTiger Formula Junior

    Jun 11, 2010
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    How much to ship a car to the UK? For $140,000 I might be persuaded to sell provided I could get it over there at a reasonable cost.
     
  19. 4re308

    4re308 F1 Rookie
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    Jun 13, 2001
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    I'm with Dr Tommy, I'm surprised by those selling prices. Good for everyone all around. IMHO I think the 308s are LONG overdue for this. I also think the prices will stay there if anything will go up a little more for the best ones.
     
  20. Dr Tommy Cosgrove

    Dr Tommy Cosgrove Three Time F1 World Champ
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    It is also a little hard for me to get my head around having a 100K car out in my garage.

    (I'm not rich like a lot of you guys are :) )
     
  21. st@ven

    st@ven F1 Rookie

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    You're right About that:). Neither a 550 or a 355 can't compare to a 3x8. When It comes to style and looks both 550 and 355 are way behind!!

    For that matter the same for all models that came later. The 458 might be the exception (but soon will be traded for 3x8 prices!)
     
  22. singletrack

    singletrack F1 Veteran

    Mar 16, 2011
    5,803
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    ...or the hotter cams ; )

    It's still a lot more than anyone expected including the auction company.

    Prices in EU vs US are still hard to compare also. 308s worth much more in EU.
     
  23. singletrack

    singletrack F1 Veteran

    Mar 16, 2011
    5,803
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    I would, and did, take a 308 over a 355 and 550. They are really not comparable cars at all unless your only goal is to purchase "a Ferrari". You will have totally different experiences in both those cars. Whether it is better is up to the driver. Neither of those experiences interest me right now. Also substantially different service experiences.

    So, hard to make that comparison IMHO.
     
  24. singletrack

    singletrack F1 Veteran

    Mar 16, 2011
    5,803
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    One would have to believe there is money in important 308s from the US to EU with this kind of price disparity.
     
  25. BrianC

    BrianC Formula Junior

    Apr 6, 2004
    908
    North Augusta, SC
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    Brian C
    Glad I'm a 328 owner again! But I'd be willing to part with mine for only $99,000 and I'll throw in free shipping!!
     

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