288GTO Values

I think they made around 272 of them. They never ended up racing in Group B as it got cancelled. There is a great edition of EVO Magazine where they test the 288, F40, F50, and Enzo.

Evo ended up picking the F50 as their favorite Ferrari supercar.

 

Yup, they never "turned a wheel in anger" in any race series and there does seem to be quite a few tarted-up 308's running around pretending to be 288's. To its credit, the 288 was an early look into the mechanical package which would be used in the F40.

 

By far one of the most beautiful cars ever made.

 

When I read the evo article, I felt as if EVO picked the F50 to be controversial. Most reviews place the F50 as 4th place.

My Ranking: F40 > F50 > Enzo > 288GTO. (Just an opinion)

I love the looks of the 288GTO but, for the money, there a so many other cars I would rather have. Of course if I could own the Quartet...

 

Note to everybody (including myself), please resist the temptation to turn this into yet another "which of the 4 is your favorite" thread...

Anyway, I didn't realize they were so expensive!

I am the least person knowledgeable person on this matter but I think that eventually they will, at least among connoisseurs. There was a thread earlier about how old cars have to be before their prices start going up, I think people generally agreed that they had to be around 30 years old so I think that in a few years their value will go up significantly (not just monetary value)

 

That wasn't my intent, but it did come across that way... My point is that value is in the eye of the buyer.

in the 288's favor is rarity. it is the rarest of the 4, therefore may become the most sought after of the 4 as it may become the hardest to aquire...

Are the 273 people who want to aquire all 4 ferrari supercars... if so, the 288 prices will soar.

I think if the price is left to the average enthusiast, the 288 price will stay similar to the F40. what is lost by "reputation", will be won back by rarity.

 

Main point is that the 288 GTO is a simply fabulous car to drive on the roads. The F40 only comes into its' own on the track. Many 288 GT0's have been smashed or altered. It is really hard to find a no stories car. I have predicted for some time that the 288 GTO will decouple from the F40 and go up at a much faster rate

 

I had an interesting discussion on here a while back where someone suggested that the 288 was never really meant for Group B. Think about that series for a moment... could you really see a 288, or any variant of the 288 even being able to clear a single stage?

It is very possible Ferrari just used the series as an excuse to revive the GTO name with a legitimate Homogulation Special, albeit one that was all dressed up with nowhere to go.

 

I would think the mere fact that they command such prices would be a direct correlation to the respect they deserve, no...?

GTOs are already nearly impossible to come by. There hasn't been a GTO for sale in the FML in nearly 18 months... The last one was 55711, in the March, 2005 (3006) issue, priced at $375,000. At a production of 286, they are, as someone else mentioned, the rarest of the super cars, so it's no surprise they command F40 selling prices...

 

if the asking prices on F430 spiders are in the 350K range, why wouldnt the price of a 288 GTO be in the same neighbourhood? I had much rather have the 288GTO.

 

That really puts it in perspective, doesn't it?

 

it sure does, however, i have a feeling that many of these prices will start tumbling as we enter a recession, if we enter a recession. Though collectors dont necessarily finance their cars, many of the newer models are heavily financed and the cost of keeping them will necessitate some liquidations...

 

Current F430 Spiders don't necessarily indicate a value of the car, but rather a value of its momentary exclusivity... It was the same with the 360 Spider... As more and more F430 Spiders become available, that elite asking price will deflate... The total production number of a model plays only part of a role in said model's exclusivity...

 

Speaking of Spyders, the penultimate Daytona Spyder is currently for sale... Will be on FML.com in a little while...

 

i think its impossible to lose a penny on one, I can see them in a few more years going for $600K, especially when Ferrari launches a new super F70 or what ever they are going to name it, my reasoning is simple there is a pettern here and were 4 cars into it, so for collectors who want to have them all will, pull up the prices on the low production models. Its called demand pull inflation at least thats what they told me in school.

 

I don't want to thread hijack but wasn't the 308 a relatively successful rally car - couldn't it be classed a variant of the 288 albeit a predecessor

 

I stand corrected on the Group B subject.

 

I think between 500k and 600k,this vacations i go to houston and they have one but in repair.

 

... and design (exterior and interiror).

One of the most beautiful Ferraris ever made (in my opinion).

 

I am an average enthusiast who has both a 288 GTO and the F40 and I can tell you that in my mind rarity has very little to do with how I feel about the 288 GTO. I simply like it better and if the 288 GTO and the F40 were equally scarce, I would take the 288 GTO for even money. It is a much more special car IMO

 

Personally I don't think they will. But not because the car doesnt deserve it..but more because of any (real or imaginary) problems.

1 - is that they are grey market cars. 2 - there are parts that 288 has that are near impossible to replace if broken (according to a DOT/EPA importer) 3 - they arent that comfortable (a 288 owner's opinion). 4 - performance might be an issue being grey market.

I almost bought a 288 GTO this last April to replace my 355 in Germany and did a fair amount of asking around in Europe to find one. IMO the marketview of the 288 is a little better over there than here. But eitherway its a great car that represents the begining of a great era in all motorsports everywhere...and that is reason enough to buy 1.

 

Not that this means much in big scheme of things, but the GTO scored high on the WAF (Wife Acceptance Factor) compared to the F40. She won't even ride in the F40, but she'll ride in, and drive, the GTO. As anyone that is married will attest, the WAF can tip the scales on one car over another. The car she likes the looks of the best is the Dino. But, the unreliable nature of that car was its downfall. Not to mention the abuse I had to take over a Miura I owned years ago. One too many duct tape and bailing wire repairs along the roadside in that car. That is the only other exotic I've owned she finally refused to be driven in. I can't complain too hard though, she even drives my Daytonas without whinning about the steering.

Steve

 

I agree with your point. My wife prefers the F40 to a GTO though.

 

My wife loves the GTO, tolerates my Daytona and just doesn't get the F40. She thinks it is an aged supercar which is slow compared with my CGT - hard to argue with that one. I try to explain that the steering is out of this world but she just doesn't think much of the car. My wife doesn't like the Dino much. She thinks the GTO is the ultimate non-current model Ferrari. I agree that the WAF is important for anything that goes on the street.