Burned 308 value? | FerrariChat

Burned 308 value?

Discussion in '308/328' started by Kingair33, Oct 21, 2007.

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  1. Kingair33

    Kingair33 Formula Junior

    Aug 28, 2006
    941
    San Francisco, CA
    Full Name:
    Alex
  2. Dr Tommy Cosgrove

    Dr Tommy Cosgrove Three Time F1 World Champ
    Owner Rossa Subscribed

    May 4, 2001
    36,426
    Birmingham, AL
    Full Name:
    Tommy
    There looks to be only about 7 parts on that car that made it. I would write them down and call Rutlands to see what they would cost over there. Whatever that total is is more than the whole car is worth. IOW, once you paid to drag it home, you will already be in a hole you can't crawl out of if you wanted to.
     
  3. Kingair33

    Kingair33 Formula Junior

    Aug 28, 2006
    941
    San Francisco, CA
    Full Name:
    Alex
    Thats what I was thinking.
     
  4. Jdubbya

    Jdubbya The $10 Trillion Man
    Silver Subscribed

    Dec 28, 2003
    43,178
    PNW
    Full Name:
    John
    The spare tire hold down bolt seems to be OK ;) I think the good Dr is being generous at 7 parts. Maybe some of the front suspension bits and pieces but man that thing is TOASTED! It's too bad but I really don't see much that's usable at all!
     
  5. James in Denver

    James in Denver Formula 3

    May 23, 2006
    2,136
    Centennial Colorado
    Full Name:
    James in Denver
    Hmmm..... I dont think so, more like 30 year old original fuel lines cracked........

    James in Denver
     
  6. Artvonne

    Artvonne F1 Veteran

    Oct 29, 2004
    5,379
    NWA
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    Paul
    For $3,200 I'd consider it for parts. The right guy could sure have a head start on a cheap track car.
     
  7. Argento839

    Argento839 F1 Veteran

    Oct 21, 2005
    9,103
    #7 Argento839, Oct 22, 2007
    Last edited by a moderator: Sep 7, 2017
    If you could buy it for like $5K max, you could take it and strip it and I mean strip it down less front and rear bodywork and eBay everything except the cab and doors and VIN plate and lower your basis in the car to lets say $2K... It would be a good race car candidate for $2K... From there it would need a lot of money. What I would do if money was no object would be to go for some 308 race car bodywork maybe even in carbon fiber...and go for a hot engine and tranny...

    http://www.berlinettamotorcars.com/GTOstylebodyparts.htm
    Image Unavailable, Please Login
     
  8. Birdman

    Birdman F1 Veteran

    Jun 20, 2003
    6,689
    North shore, MA
    Full Name:
    THE Birdman
    That thing is a strip 'n flip and no more. What a POS!

    Ethanol eating through the fuel tank my ass. Puleeeease!
     
  9. BigTex

    BigTex Seven Time F1 World Champ
    Owner Rossa Subscribed

    Dec 6, 2002
    79,380
    Houston, Texas
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    Bubba
    They'll sell it to the guy that believes that story........:rolleyes:
     
  10. BigTex

    BigTex Seven Time F1 World Champ
    Owner Rossa Subscribed

    Dec 6, 2002
    79,380
    Houston, Texas
    Full Name:
    Bubba
    Even the bumper (that I need) is cracked......maybe the grill is usable?

    Two parking lenses....Reoriginals gets big money for those......
     
  11. Artvonne

    Artvonne F1 Veteran

    Oct 29, 2004
    5,379
    NWA
    Full Name:
    Paul
    Some of you guys are being a bit unrealistic. While the chassis is certainly hosed for a street car, a roll cage would make it a good strong track car. As far as the rest it still has full suspension components, uprights, drive axles, and a good gearbox and engine short block, headers, brakes, etc.. The heads may even be found to be useable once its apart, though the cams are probably junk. It would even be a good start for a 288 clone. I'm still waiting to see someone turn a 308 into an F-40 clone, this would be a good starter if someone had an open checkbook.
     
  12. Dr Tommy Cosgrove

    Dr Tommy Cosgrove Three Time F1 World Champ
    Owner Rossa Subscribed

    May 4, 2001
    36,426
    Birmingham, AL
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    Tommy
    I just think there are cheaper ways to get a track 308 than this
     
  13. F&M racing

    F&M racing Formula Junior

    Feb 26, 2006
    668
    Michigan
    Full Name:
    JimF
    That car is a prime example of 30 year old fuel lines, alot of these 308 fires can be prevented by changing the fuel lines!!!
     
  14. hardtop

    hardtop F1 World Champ

    Jan 31, 2002
    11,294
    Colorado
    Full Name:
    Dave
    I would not count on anything in the motor being of use. Aluminum blocks do not like high heat.

    Dave
     
  15. Argento839

    Argento839 F1 Veteran

    Oct 21, 2005
    9,103


    True. Honestly, this would be a good car for someone who wanted a Ferrari and did not have a lot of money.... Hear me out: Like I said, you buy the car cheap and gut it and eBay all of the scraps. It looks like the radiator might still be okay. The whole front clip looks usable so you sell this and other things and lets say you basically get the rolling cab, doors and VIN plate for nothing after the smoke clears. From there as you get time and money, you build the roll cage including working on the frame etc. and continue on in buying the fiberglass or carbon-fiber bodywork. Once you have a rolling car, you at just that point already really have something really special even with no mechanicals... I've for sure seen people buy other Ferraris that were much worse money pits than this car.
     
  16. Argento839

    Argento839 F1 Veteran

    Oct 21, 2005
    9,103
    Here's a burned GTB that's been rebodied into a GTO that sold for $32K with no engine. Do you guys see the old 77 GTB in the background. That car was a great race car candidate too that sold for $3K about a year ago....

    http://www.italianauto.com/page2.html
     
  17. Artvonne

    Artvonne F1 Veteran

    Oct 29, 2004
    5,379
    NWA
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    Paul
    Unfortunately we havnt seen the end of these for a quite a while yet. Outside of the ones that are gone, I truly wonder how many, even among Fchat subscribers, have fuel lines that are not more than 7 years old. The 308 isnt any different than a vintage V-12. Pour raw fuel all over a hot engine with bad ignition wires and you can start any car on fire. Keep the key turned on feeding power to the fuel pump, and you too can have a 308 that looks like this in no time at all. Funny, well not really, but lately everytime I see another burned 308 I hear that Queen song.

    "another one bites the dust...HEY...another one bites the dust".

    Seriously, this is at least the 7th or 8th 308 I seen this year that burned. I wonder what the actual worldwide loss rate on these cars really is right now, figuring fires, accidents, neglected and broken cars, and the ones that arent really that bad, but get cut up anyway. 10 per week?
     
  18. F&M racing

    F&M racing Formula Junior

    Feb 26, 2006
    668
    Michigan
    Full Name:
    JimF
    It's sometimes hard to convince people that they need to change things and they learn the hard way. When I bought my 308 last year I had it shipped home everybody at work thought I was nuts for not driving it home 600 miles my reply 30 year old car. Well if I drove it home I would have lost it because of a fuel leak the showed up when I got it delivered all the fuel lines were original. I have a relative right now with a 79 308 that has original fuel lines and I told him they need to be changed his reply my car only has 23000 miles on it they don't need to changed this one will be another one we'll read about soon. He knows ZERO about cars I did convince him to get the cam belts changed 4 years ago after he got it done he said He's good for 15 yrs I said No 3 to 5 years I got a blank look. Because of owners like this more of these will disappear and ours will be worth more.
     
  19. MREUS

    MREUS Formula Junior
    Owner

    Jul 24, 2006
    832
    Huntington Beach, CA
    "MOTOR AND TRANSMISSION JUST SERVICED BEFORE FIRE."

    I thought this part was funny:D I wonder if the car was detailed too...before the fire.
     
  20. Argento839

    Argento839 F1 Veteran

    Oct 21, 2005
    9,103
    Where was it serviced so we'll know where NOT to go? ;)
     

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