308/355 predictions

i dont think so. i belive the computer controlled cars will fall lower in value since the majority of the owners that work on thier cars are less inclined to buy / maintain one that requires both engine out services and expensive diagnostic equipment to figure out what the hell is wrong with the car now. also, another problem i keep harping about , is that much of the computer related components and software are proprietary and i doubt Ferrari will support the cars much when they get older, nor will there be a plethora of cheap parts laying around. Dino's and 3x8"s are running out of some key parts, since Ferrari has not made new parts for them in years. the old stocks will run out, and licensing / legal headaches will make aftermarket parts had to make while bieng profitable.
just my thoughts. early carb 308's and early gt4's will be $50k cars in the next 5-7 years, while the 328's will stabilize and the 348 and 355 will slide downward as the gazzillion 360's become cheaper for the masses. i need to get a BBOXER now as they are going up, as will the 365 2x2's.



even if i am wrong, at least i have a future game plan!!

 

I'm hoping that the 355/360 will become the 308/328 of the 20s and 30s, this way they'll be easier to afford, but servicing and repairing them might become more expensive because of all the computer controlled systems. Hopefully I'm wrong though and will be able to afford one of these wonderful cars and 10-20 years.

 

as you noted, parts for the 3x8 are starting to get more scarse because of the age of the cars, so parts will get more and more expensive ...also,i wonder what percentage of f car owners work on their own cars? i suspect this a very small number, but then again , perhaps it is higher for the older 3 series cars

 

The people who own the 308 series cars do perform alot of the work on them, themselves. This is the attraction to the car in most cases. Easy to understand and relativly cheap to repair. Infact I would bet that a 308 is cheaper to keep on the road then a later model Corvette. I really think these little "slow poke" Ferrari's will go up in value..espeacilay well maintained and clean cars. The newer cars are nice..but the last of the real do it yourself Ferrari is the 328. The 348 is somewhat basic in principle, but still requires an understnading of vechical electronics, and and engine out to service the timing belt.

I don't think they will hit the 70k mark anytime soon..but 50k is a reasonable estimate..infact many are already in the 38k range for a nice carbed GTB. I for one am selling my car to get into somthing different but I'm still thinking I should hang on to it, just because of the potential increase in value. It won't cost me anything to have it sit around and be driven a few miles a year.

 

Won't cost you anything except the "opportunity cost" of the capital that would be freed up by selling it.

I light a candle every day at the Cathedral of Our Lady of Depreciation, hoping that 430 puts downward pressure on the sales price of 360's, which does the same for 355's, 348's, and ultimately the 3x8's. I'll be in the market in 2 to 3 years for a 3x8, and I just hope I am getting in before any major spikes in price due to all the reasons suggested above.

 

Hmm; that would be the one with the large congregation of TR owners, with the acolyte Gallardo owners?

 

You know of it? We plan to add a service on Tuesday evenings specifically for owners of Ford GTs, sometime in the next year or so.

 

I sure hope so, then my dream will be just a little bit closer to being acheived

 

please site some facts, studies or surveys that show the most people with 308s do their own service....i am not saying its not true, i would just like to see some good statistics to show this true...i would have a new found respect for 308 owners..i wish i could work on my f car...life would so much easier, and cheaper!!!!

 

Guys,
Price predictions are always risky but 308's and 328's have been selling in a very narrow range for at least 10 years and I think they will continue to do so or perhaps rise a little. The 206-246-308-328 series is really a closed set of similarly constructed cars with a look and driving experience unlike all other Ferraris which will keep them in demand independent of what newer models do. And, as others have pointed out, they can be maintained and fixed without specialized knowlege or equipment.

Harder to figure 355's. A great driver by all accounts and styling improved enough over 348's to be liked, if not loved, by most potential buyers. But I think the well documented problems with valves, cylinder liners and especially exhaust systems really work against it. I do think concerns about electronics are unwarranted. I am confident the free market will come up with engine management systems, etc that can be easily adapted to older cars, including Fcars.

Dave

 

Well,IMO. If the 246 V6 Dinos have risen up to almost $100K. (Mostly,$75K and up) Then,the 308's can't be far behind. Doesn't seem all too long ago that 246's were easily available in the High Teens,and $20's. Now look... (And,AND...some say that they aren't even "Real" Ferrari's!)

Especially,with the Populaity and Exposure of the 308-Magnum P.I.,Christie Brinkley in 'National Lampoons Vacation',ETC... THESE are the Cars that were plastered on the Walls of many young men back in the 80's. These same young men are now getting able to afford to buy,AND,properly Maintain these cars.

Sheeeit! If '69 Camaro's can go up over $30,40,50K (Non Yenko or COPO Cars. They are up over $100K) Then,what do you think the much more Rare,Exotic,Familiar Ferrari 308 will do in a few Years...?...

 

Well I would invite you to the technical section of this site, for one. Most of the tech questions in that section are for the 308 328 and Mondial. I would also invite you to grab a copy of an earlier Forza magazine which did run a series of tech how too's for various Ferrari's..most focusing on the 308 series of cars. There are also a couple of compaines out there selling 308 parts to do it yourselfer's such as Italian Car parts, Nick Forza's Ferrari etc.
Part of the fun for some owners (and most of these owners fall into the 308 catagory) like to tinker around with their cars. Heck there are even some guys on here that have done thier own engine out services on 348's and Testarossa's!! Not because they are cheap..but because they enjoy working on their cars. It's just like working on an old Corvette or Ford..It's a hobby car and somthing they enjoy doing.

I for one work on these cars for a living,and yes I have had to undo some DIY jobs..but most times they are serviced quite well. In all hounesty I think it's part of the fun in owning an older car..to be able to tinker with it..not just get in a turn the key. But for a daily driver there is nothing better then a car that doesn't break down!

 

Remember '89 and '90 when Fcars went up in price too? Remember that supply/demand thing, and how many 308's there are? I have no doubt immaculate cars will be in demand, but average cars that real people drive will stay where they are. I hope I eat my words later - pass the salt.

 

The 308s will be going up, there is no doubt in my mind. This is part of the reason, I didn't give up on mine after the fire. In 3 years my car will be 30 years old and considered an antique. Have you ever heard of an antique going down in value? I for one won't let mine go in the near future. Parts is a myth, true they are getting more scarce, but I have been able to find almost everything without major problems and cost.

 

There are very few mass-produced cars (if any) that will achieve the resale value that the 308 has. However, I would think that other Ferrari 2-seaters have the best chance. The 348's and newer can only HOPE to achieve this level of resale value. We should all be happy if they do.

 

You took the words right out of my mouth verbatim. No need to repost a well done job!

 

While it would be nice if my 308 goes up in value (or at least maintains its value which it probably will) I bought it to drive.

 

thanks the 288GTO, F40 and the BB are the only other cars i would consider buying, cost not considered. most of this new stuff, though nice, does nothing for me. i do like the Testarossa, though i have never sat or riden in one, much less driven one. if i had large piles of disposable income i would buy the oldest Fcars and Lcars i could find and store that i could afford, they are like money in the bank, much like vintage guitars and rare coins. condition condition condition is key. but how many manufactured versus how many survive is also critical. MANY 308's have been trashed , burned and turned into race cars. why are there no 1975 models around, yet they made some. early glass cars are rare, as are the early steel cars. 78 -82's are the most common to see for sale. cheers

 

If the 308 goes to 50K, I'm going to the bank and getting a line of credit based on my 308 (a whole new world of financint!), and buying another wonderful, impractical car to blow any excess $$$ I may (or may not) have!

 

The only problem is, reaper, keeping a 308GTB 5 - 7 years will cost any $$ escalation, in maintenence!

Fun to drive though........

 

Um, Spike? Take a number and get to the back of the line...hahhahha!! Just Kidding, Bud!!!

thecarreaper, I have a 308 as well, mine being a GTS. I have driven a few Testarossas in my journeys to various dealerships. Since I don't have the money for the F40 or the 288 GTO, the Testarossa WILL be my next F-Car. Driving a Testarossa is very much like a 308, but with more horses. It also seems to have a little better response from a dead stop. I didn't get to take it on the highway, because I drove them in Hawaii, but I have no doubt a V12 will blow the doors off my V8, not really but it should do beter. I like the sound of the V12 a little better too. If you like your 308, you'll love the TR.

 

I have already decided that when/if the electronic bits start to go on my 348 (or 355 - still on my list) and Ferrari replacements become unavailable or stupid expensive, I am going to the aftermarket for computer stuff. Its out there already and in particular since the 348 is the Rodney Dangerfield of the "modern" V8s (and mine has a story) I'm certainly not worried about originality at the expense of drivability.

I, too, have a plan!

Cheers
Kevin