This time, I am asking about my car, unfortunately (1975, #10688). I've got lots of stuff going on right now, and my car is being driven less and less. In the last 6 months, I've barely put 500 miles on it. I've always subscribed to the supermodel theory (Having a Ferrari and not driving it is like marrying a supermodel and not f***ing her), and I feel that if I'm not driving it, then maybe I should pass along the opportunity for someone else to do it. So, I'm wondering what you guys would think it should fetch, since it seems like every GT4 offered for sale winds up being discussed on this forum. I've got a little over 35k miles on the car, and it is a driver. Body condition is fair (lots of photos in the 308 car show thread, beginning at post#269: http://www.ferrarichat.com/forum/showthread.php?t=165512&highlight=picture&page=3 ). Actually, the paint looks in pretty good condition, except for numerous dings. Mechanically, the car is very sound, although it has been just under 5 years since the major (I had it done when I purchased the car), so the new owner will likely want to get it done. It has been tracked several times, though it's been a couple years since the last track event. In california, it is a smog free car (1975), which I think is a plus (It still has the smog equipment, and did pass smog when I purchased it). I have all service receipts since I purchased the car, and many (most?) reciepts from the prior owner. It has the books, and toolkit. 328 wheels. Also, lots of history on whats been done to the car (oftentimes with pictures) right here in my posts on Ferrarichat. I'm curious as to what the brotherhood of 308 owners thinks this car might be worth. Looking forward to the discussion. Don't be shy, I wont be offended, as I know it is not a perfect/concours car. Dom
Hi Dom, I am no pro with GT4 pricing, but I too am curious. I met a nice man at the show today who wants to sell his 75 GT4. 15k miles..So I will keep an eye on this thread... FWIW: Here are the Manheim prices 1975 FERRARI 308 GT/4 Fair Good Exc Show COUPE 2+2 (2826 mfd) 1974-79 3.0/240 V8 18,000 22,000 30,000 36,000
There you go again, scaring the crap out of people. http://ferrarichat.com/forum/showthread.php?t=32492 Incidentally - When I see "Dom" on a post - I think "GT4." That's-a gonna be strange. Just sayin'.
You'll end up regretting the sale. Unless you really NEED to sell it, keep it in the garage. That said, I have a friend that would really be a good fit for that car, and would probably give you a first option for a rebuy. Send me a PM with a range if you're interested.
Dom,Dom,Dom, WAKE UP AND LISTEN TO WHAT YOU ARE SAYING!!!!!!!!!!!!!!!! Are you sure you want to do this? I hope you come to your senses.... JIM
I know, I know, I know. I would love to just store the car for a few years until I have time to come back and give it some attention, but my garage space is limited. I'm not 100% sure that I will go through with this, but I am leaning towards it. I know I will probably regret it, but it isn't the first mistake I've made, nor will it be the last. I'm just wondering what you guys think it might be worth. According to VTC's post, I assume this car could be considered Good Condition? Thanks, Dom
Well, look at it as a basic newbie buyer: If you start getting into the mid 20s, the "real" 308s (with numerous body dings, needing a service, 'high' miles) start looking very attractive vs a GT4. There are exceptional GT4s out there going in the 30s, but they're rare. For basically a daily driver needing a service, and wanting a fairly quick sale, in winter -- I'd offer 15-17K without knowing the car or owner. After all, there's 5K (at a shop) in service due right now by conventional newbie wisdom, plus the bodywork. Probably wouldn't get the car for that, but that's what I'd offer. Higher than that, I'm looking at other machinery. Others will no doubt shout me down -- but they're GT4 lovers. Wait until spring, and the price goes up some. Get Eugino to service it, and you pick that back up on the value and make it easier to sell. My .02
Tillman's advice below is EXACTLY what I went through. I drove a 308GT4, and really loved the car, but it was beater/driver condition at best. Dont get me wrong, it was ok, but not "mint". I decided that if I was going to own an FCar, I'd jump to a 308 GTS (even considered a 328). After researching, I figured either an early carb or a QV, and the carbs have sodium valves, so for piece of mind, I considered the QV that I have now over either the GT4 or an early Carb. I think that Tillman is correct in the analysis, BUT..... Based on the pictures I've seen in the "contest" thread, Dom's GT4 is well above the one I was looking at. For what its worth, and given what crap we sometimes see on ebay and the prices, I'd agree that mid 20s or so would be a good price based on what I've seen. I caveat only because I've never seen it in person. My opinion, not that it counts for much, that would be for a well-advertised sale to the right buyer, a GT4 lover. As always, price goes down as urgency for a sale goes up. So vary accordingly. Just my 2 cents. James in Denver
Y'all would pay $25-26K of your own money for a car that needs a major and bodywork? Those of you who are throwing out that number, how are you getting there? Care to show your work? ((I'm thinking my 328 may be worth more that I think it is, as I was only expecting $28K for it if I sold))
Just because you can get a 308 in the mid 20's does not mean a GT4 couldn't also be in that range. If someone wants a GT4 in a certain condition (not saying that this car is anything in particular), you need to pay whatever people selling those condition cars are asking. If I ever wanted to sell my Lotus, I could flip it quick at one price, sell it in a month or two at another, but maybe have to wait a long time for what I'd be asking. If anyone wants a car like mine in the condition it's in, they won't get mine for any less from me. If Joe down the street lets his car go cheaper than that's the market, fine. But cars like a GT4 aren't common even as beaters, and well maintained cars are even scarcer. Just because you can get a Mondial or 308 at the same ask means nothing if you WANT a GT4. Ken
I'm not in any rush, and if it didn't sell right away, I'd be fine. Maybe I would be better off putting it off until springtime. Regarding the major service, I think it would probably be better for a buyer to get the major service done, since then he would have more control over what he wanted to do. If I do the major, I could get more for the car, but would it really be that much more? And then, could it put off a buyer who doesn't like the particular mechanic I picked, etc., or maybe someone wants to do it himself. Dom
I believe that it was either the SCML or in Forza I can't remember 20K on the low and 40K for the high. I think Dom's car is well above the low side. The days of a 15K-17K GT4 are long gone unless its a major project. The GT4 market is getting stronger all the time, people are really starting to warm up to its styling. With only around 612 imported into the US its a pretty rare car. Also given the fact it was the 1st V8 Ferrari road car with perhaps better handling caractoristics that the other 308's, collectors are starting to take notice. It won't belong till the GT4's value passes the other 308's except perhaps the glass ones. I'll go one further that when its all said and done their value will exceed the 328's too because what a true classic it is and will continue to be. A beater ferrari? Please spare me, they are only ones that needs to be restored. And as far as the service goes, what, cam belts and tensioners, water pump. Not that hard to do your self. No complicated eletronics there. GT4's are fun, sexy, great handling, and easy to work on. A true drivers car coming into its own 30 yrs later. Your fooling yourself to think otherwise. Cheers!
Y'all are looking at it from the perspective of a GT4 owner. I'm looking at it as a cash money "I just want a Ferrari" buyer. Just my $17K. For the mid 20s, I'd buy a Mondial QV 'vert that would likely need the same kind of work, or as mentioned earlier a GTS. The 25-30K GT4 requires a certain type of buyer. It will take time and advertising to find that buyer, IMHO
Dom, personally, I dont think you should sell it and if you do, take your time. Exactly, which is why Dom should wait on his car. Sell it later, maybe summer, when the market is stronger, and advertise on Ebay, FChat, etc. to find the RIGHT buyer. JimShadow SWOOOPED on his Euro GT4 when it came up. Keep advertising it and at some point, someone who's GOT to have it will buy it. Eh, I'll wait on that. Who knows, I dont think many people saw the Dino market head sky high, and I do think the GT4s are a historically relevant car, but eh, not sure they will overtake 328s. I would figure the early steel carb cars would be similar to the GT4s in price, but not overtake..... but eh, I dont know, I dont have my geenie-in-a-bottle to tell me Hence my advice above. DOM!!! DONT SELL YOUR CAR!!!! ----- that takes care of the whole discussion James in Denver
These threads always crack me up You always see guys who throw out a lowball dollar figure, but they never seem to be able to actually show you one that has sold for that price anytime in the last year. There is a HUGE difference in what someone wishs he could pay and what he'd have to pay.
At first I about crapped because I saw a silver Euro car with 16" QV wheels on it.......then I realized that was post 261.
That white one did sell, twice, for that price range. Two parts GT4 sold in the well-sub 10K range this year. The high sales alone don't make the market. I flat out said that I wouldn't expect to get it at that range, but that above that I would move on to another model. the GT4 doesn't exist in a vacuum, except for the GT4natics Just my $.02, from the guy with the $29,000 328.
Tillman,maybe you should convert your car to RHD and ship it down to Australia as 328,s are worth around $US87-105K (just joking as much as its worth that amount,the converting factor and grey car factor doesn't make it worth while)
Tillman's car could get high dollars here, dont know why he's thinking 29K...... if advertised correctly........ Tillmans car is NEW!!!, odometer reading of 00000 or just over. Sorry for the hijack, I was waiting to say that in some thread. James in Denver
Tillmans car should be worth well over the 29K. I don't know why he's low balling himself? It would seem to me he got a smokiong deal! True the sale of the high end GT4's don't make the market but nor does the sale price of the "parts" cars. Obviously. But the price of a decent GT4 is easly in the mid 20's +. Nitch market, arn't they all? If anyones not willing to pay 25K+ for a decent GT4 and would be willing to go to a differn't model, the GT4 was obviously not for them in the first place. I "PERSONALY" don't think anyone would gain anything much by going to a GTS or a Mondial. It really comes down to personal preference at this point, that all. I would never sell my GT4 to go to either one of those models. A 348SS or a 355, possibly, I'd rather keep my Dino and aquire another one if at all possible. Which would obviously be dictated by myself. Forgive me on being so passionate about the GT4's, they are a great car and very under rated. Which was a good thing for those of us who were lucky to get ours when the prices were low, not so true anymore weather people like it or not Cheers!
