Official 328 GTB/GTS Market Thread | Page 77 | FerrariChat

Official 328 GTB/GTS Market Thread

Discussion in '308/328' started by buckminster, Jul 1, 2013.

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  1. Dave Bertrand

    Dave Bertrand Formula Junior
    Rossa Subscribed

    Dec 24, 2005
    823
    Castle Rock, CO
    No idea what this means.
     
  2. Gilles82

    Gilles82 Formula Junior

    Oct 14, 2009
    474
    Maranello (Mo) Italy
  3. Gilles82

    Gilles82 Formula Junior

    Oct 14, 2009
    474
    Maranello (Mo) Italy
    The Singer likes this.
  4. rob

    rob F1 Rookie

    May 22, 2002
    4,264
    Vt
  5. bertrand328

    bertrand328 Formula 3

    Jun 1, 2015
    1,603
    France
    Full Name:
    Bertrand
    Because it is !

    ONLY US market use model year and first US 328 were "86" but production and sale strated in 1985 in Europe. So this is a 328 from 1985. October I think this one
     
    JAM1 likes this.
  6. bertrand328

    bertrand328 Formula 3

    Jun 1, 2015
    1,603
    France
    Full Name:
    Bertrand
  7. rob

    rob F1 Rookie

    May 22, 2002
    4,264
    Vt
    Didn't know that thanks!!
     
  8. Gilles82

    Gilles82 Formula Junior

    Oct 14, 2009
    474
    Maranello (Mo) Italy
    ragtop1 likes this.
  9. nerofer

    nerofer F1 World Champ

    Mar 26, 2011
    12,082
    FRANCE
    Gilles82 likes this.
  10. nerofer

    nerofer F1 World Champ

    Mar 26, 2011
    12,082
    FRANCE
    95.000 € less commissions, which is about market average for a good 328 nowadays.
    BUT the catalogue says, I quote: "Please note that this lot is subject to VAT on the full purchase price (both on the hammer price and commission)."
    With 20% VAT on hammer price and commission, at 131.100 € it doesn't make much sense to me. But that's just me.

    Rgds
     
  11. bertrand328

    bertrand328 Formula 3

    Jun 1, 2015
    1,603
    France
    Full Name:
    Bertrand
  12. Rifledriver

    Rifledriver Three Time F1 World Champ

    Apr 29, 2004
    36,871
    Cowboy Capitol of the World
    Full Name:
    Brian Crall
    328 production started in July 85 and US models started in September 85. US requires an official model year be declared by the manufacturer for smog and safety laws among other things. Model years are declared in different ways for different reasons all over the world.
     
    rob likes this.
  13. EDVTEC

    EDVTEC Karting

    Jul 16, 2009
    189
    Madrid, Spain
    Full Name:
    Eduardo Caro
    Gilles82 likes this.
  14. 1bigfish

    1bigfish Karting

    Feb 17, 2023
    105
    Rainbow Springs NC
    Full Name:
    Fred Mix
    Share your thoughts on this issue. There is a 328 I am interested in but the Carfax shows minor damage in 2000. Supposedly the owner had an encounter with his garage and had an acceptable repair made. Should this be a no go or take it into consideration regarding the price, mileage, maintenance and resale?
     
  15. s219

    s219 Formula Junior

    Aug 26, 2021
    481
    When I was looking at cars, quite a few had some sort of minor body repair documented during their lives. I wouldn't rule out a car because of this. Inspect it and make sure that the body and paint are in acceptable condition, and that any repairs were done correctly with no shortcuts taken or corners cut (ask an expert if you don't feel qualified to inspect). Think about the future -- could you comfortably explain it to the next guy? Will you be confident enough to represent the car without any reservations?

    My 328 is in amazing condition, but has a few minor cosmetic issues -- it's 36 years old after all, and is a driver, not a museum car. That said, I can comfortably show all of those issues to a future buyer with no reservations. The issues would have little to no impact on valuation. Adds some charm to the car if you ask me.

    I think a bigger risk is with cars that have undocumented body repairs, or body repairs not disclosed by a seller. Some sellers are not forthcoming about this. Happens with BaT cars a lot, and if not for eagle-eyed community members, it might go unnoticed by a buyer. I've seen some glaring issues show up that I sure would not want to inherit when buying a car.
     
  16. 1bigfish

    1bigfish Karting

    Feb 17, 2023
    105
    Rainbow Springs NC
    Full Name:
    Fred Mix
    Thank you. I have a friend with a 328 that is going to look over the car with me hopefully Tuesday.
     
  17. Arizona30

    Arizona30 Karting

    Aug 23, 2018
    53
    Full Name:
    Kevin
    I agree with s219, I wouldn’t rule it out especially if you’re looking for a driver. If it’s well maintained and the repair looks good make an offer.
     
  18. 1bigfish

    1bigfish Karting

    Feb 17, 2023
    105
    Rainbow Springs NC
    Full Name:
    Fred Mix
    Th
    Thanks
     
  19. 1bigfish

    1bigfish Karting

    Feb 17, 2023
    105
    Rainbow Springs NC
    Full Name:
    Fred Mix
    Th
    Thanks
     
  20. nerofer

    nerofer F1 World Champ

    Mar 26, 2011
    12,082
    FRANCE
    Well, it's a '89, so this is actually not amazing at all...
    After Enzo Ferrari's death in August 1988, "many" (the exact number is not known) 328s were bought new for speculation, and put away under wraps until "their value will soar to new heights". Which did not happen.
    We know at least 50 of theses, this is what is called a "Time Capsule" and new ones keep popping here and there, from time to time; and there must be a few more that we don't know about, sleeping like the sleeping beauty.
    Some have never been driven at all, having only the "delivery miles" (= the test made around Maranello to see that everything works fine, usually 100 miles / 160 kms) on the odometer. Many appear here and there, from one seller to another seller, time and again, along the years.

    I do love "time capsules" myself, but the equation works in a peculiar way: buy it to be driven, you'll face the cost of aditional recommissioning: change all belts, fluids, etc, etc...start it for the first time in 35 years, fix what doesn't work, etc; not impossible, as the 328 is a very sturdy machine, BUT as soon as you drive it, its market value will diminish exponentially; not a problem if you bought it to have a brand new 328 and do not give a d%ùn about the loss of value; this is something that I could do myself.
    But should you care about value, then you won't drive it because as soon as it has been driven, its value will plummet down.

    "Many" of these are still around (50? 70?), so this one is just "another time capsule", nothing extraordinary for a '89 328: you will seeat least 50 like this, probably more, if you look carefully at the adds; usually the same that has been seen all along the years, just changing hands, not been driven.
    For instance, 82112, a brand new '89 GTB with only the delivery miles (= 160 kms on the odo) has been kept under wraps by the french importer Charles Pozzi for years (with two yellow/black '89 GTSs also); #82112 was sold to a Japanese collector ten years ago.

    So nothing amazing here actually; just another '89 328 time capsule...

    Rgds


    Revised list of known “very low mileage” or “time capsules” 328s in November 2020: 47 cars
    To qualify, cars must have:
    - less than 10.000 kms (or circa 6.250 miles, give or take a few miles more…) on the odometer,
    - a chassis number “post #77000” so as to have been delivered “about” August 1988 or after (Enzo Ferrari’s death, start of speculation).

    Corrections and additions welcome.


    77187: Euro, 9.500 kms, for sale in Italy, April 2016
    77436: Euro, 3.800 kms, Bonhams sale, Geneva 2003
    77646: Sweden, 769 kms, for sale in Japan, December 2018
    77722: Euro, 2.049 kms, sold new in Italy, then in a collection in the U.K, auctioned July 2020
    77736: Switzerland, 7.700 kms for sale at MMC in Paris, December 2014
    78971: US, 4.126 miles as for sale in Chicago July 2018

    79020: UK, 2.150 miles, at HR Owen in Nov. 2015
    79149: Euro, 3.000 kms as for sale in September 2018, delivered new to Denmark
    79583: US, 4.815 miles, at Marshall Goldman Jan. 2016
    79607: Swiss, 7.700 kms, in Germany in June 2016, 169.000€ asked
    79624: US, 6.330 miles on the odo as sold in February 2015 by Michael Sheehan
    79638: US, 6.116 miles on the odo as for sale in February 2011
    79938: Australian, 1.660 miles, Christie’s sale, London, UK, 2004
    79966: US, 64 miles, Hemmings New-York, 2012
    80070: Euro, 519 kms, for sale in Germany, May 2018 (the car has never been registered)
    80202: Swiss, 3.300 kms, sold in Belgium in 2008
    80331: Sweden, 3.210 kms, for sale in Sweden in February 2017
    80386: US, 190 miles, for sale in Canada in 2008
    80446: Euro, 3.200 kms, for sale August 2018, delivered new in Denmark
    80501: US, 700 miles, Bring-a-Trailer, June 2020

    80552: Euro, 616 kms, for sale in Germany in Oct. 2012 (this was a car seized by justice)
    80610: US, 105 miles, RM Auction July 2012
    80644: Euro, 199 kms, Bonhams sale Sept 2014
    80682: US, 389 kms, for sale in Italy, Feb 2014
    80883: Euro, 2.500 kms, for sale out of a collection in Andorra, Jan. 2015
    81058: US, 87 miles, sold in Switzerland by Bonhams in 2002
    81143: Swiss, 800 kms, sold in 2005
    81150: Euro, 190 kms, one of two brand new Giallo/Nero GTS put aside by French importer Ch.Pozzi, sold in 2003
    81188: UK, 556 miles, appeared for sale end 2014
    81267: Euro, 900 kms, for sale with certified mileage in Germany, January 2017, 229.000 euros asked
    81327: Euro, 5.866 kms, Bonham’s sale, Reims, France, Sept. 2008
    81550: Euro, 410 kms, for sale in München, Germany, April 2015, 200.000 euros asked.
    81897: Euro, 1.200 kms, For sale in USA, February 2015.
    81988: Switz, 8.000 kms as for sale in Japan in August 2015; f.sale in Czech Republic in Oct. 2017
    82094: Euro, 9.900 kms, the second of two brand new Giallo / Nero GTS put on a shelf by French importer Ch. Pozzi, for sale Nov. 2013

    82112: Euro, 150 kms, sold at F.A Automobiles in Paris, France, 2010 (then went probably to Japan?)
    82125: US, 1.400 miles, when advertised for sale in Feb. 2010
    82202: UK, 299 miles, for sale Aug. 2015
    82206: US, 6.258 miles as for sale July 2011
    82233: US, less than 900 miles, one owner, for sale Gooding oct 2020
    82489: US, 4.700 miles as for sale October 2018
    82624: UK, 5.500 miles, at Bonham’s sale, June 2016 (corrected: 82624, not 82264!)
    82794: Euro, 8.500 kms, for sale in Spain, Dec. 2015
    82933, US, 2.046 miles, for sale at Marshall Goldman, USA in 2020 (the last 328 on US soil, kept by Piero Ferrari for sometime)
    83092: UK, 2.100 miles, for sale June 2016 (said to be the last GTS exported to the UK)
    83116: Swiss, 99 kms, Bonham’s auction, 2007
    83117: Swiss, 160 kms, On E-Bay Germany, then at Auto-Salon Singen, 2012
     
  21. 1bigfish

    1bigfish Karting

    Feb 17, 2023
    105
    Rainbow Springs NC
    Full Name:
    Fred Mix
    Does red carpet indicate anything in an early 1988 model 328 ?
     
  22. s219

    s219 Formula Junior

    Aug 26, 2021
    481
    These cars had a lot of custom options for interior colors. I've seen red carpet with crema interior and red piping. Looked fantastic.
     

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