For a long term investment what do you think the better choice is, 308 Fuel Injected or 328.
The GTB QV is quite a rare beast, so i would go with that one.328 is a bit faster of course. If you can find a carb 308,preferably dry sump, then that should hold/increase it's value a little better than later models. I am naturally slightly biased though.
Also to consider is what you are going to do with the car while you are waiting to sell it again. I.E. buy the car you love. If construction counts are a predictor of value, attached is a breakdown of numbers produced: 3x8 Production Numbers by Year of Manufacture My read of the state of affairs is that 308QVs and 328s are both now old cars with equal levels of maintenance and reliability. The 328 is better constructed (bearings, suspension, automated assembly, radiator, etc.). The 308 is more old-school and (to me) better looking, especially the interior.
I don’t think either of these cars should be considered investment worthy. Certainly there are much better investments you should consider. Rather these are interesting snd amusing toys that for some pockets are just real big expenses. I own mine strictly for the pleasure of driving it. Never thought of it as an investment.
Looking at the last 8 years or so the 308 and 328 have doubled in value. Wish I would have bought 8 years ago!!
Yeah, well I wish I had bought that 246 I saw for $8,000 when I was younger. Brent328: do you already own a 328?
Yes I understand where you are coming from but if you were to take into account the expenses incurred while owning that car for eight years than it’s maybe not that great a profit. Two sets of tires Two majors Insurance for eight years ( full replacement value) Gas Oil Speeding tickets and court costs associated with that Registration fees Smog testing fees Etc.
Compare that to say a $40,000 Investment yielding 12% for 8 years with annual compounding interest and you end up with close to $100k. That’s an investment.
Absolutely! The Dino has once again started its upward trajectory ...not everyone can afford $400K+++. So if you want a somewhat 'old school' V8 Ferrari.There is only really one answer .Considering the 488 sequence is about to end the mid engine V8 Ferrari offering, it's the last of the line which started with the 308. Will the 308 ever reach $400K , Depends how long is your time span.If the Dino makes it to $1 mio ,then yes why not?
Apples and oranges. I lusted after a 246 when a lad. By age 16 couldn’t find one. At age 30 almost had one for $15k. Wished I did.
Yea but can you drive it around? On their death bed, did anybody ever say "I wished I had not bought that Ferrari?"
That's how i'm looking at it, its hard to put a number on the feeling when you are in the seat of a Ferrari.
Perhaps I misunderstood your meaning of investment. Investment in soul soothing then either would serve that purpose well.
$357,500 is i believe the world record achieved early 2016 at Goodings auction for a 308 GTB Vetroresina. Of course these have since retreated to more sensible levels ,starting at half that figure.Along with many other Ferrari's.
Getting back to the dollars and cents, we know they doubled in the last 8 years, would it be realistic they would do the same in the next 10 to 15 years?
A lot depends of course on the general ,world,economy. Seems like a recession is certainly possible within 1-3 years..so if you might decide to sell it in that time frame you can lose out. If you buy and hold for 15 years then you will be sitting on a 50+ yr old classic Ferrari.The world then will be all electric,even Ferrari plus driver less etc etc.So i would reasonably expect them to increase in value.If i could predict the future numbers i would not be sitting on the sofa with our friends on FChat. This is assuming of course that we will be allowed to drive these dinosaur machines outside of the cities.
Personally, I doubt it. No crystal balls, of course. But I think the increase already has happened, and we'll probably see it hover around where it is now. Anything substantial above that will be due to the future value of the dollar.
The 308s and 328s hovered at the same level for years and years until the collector market really heated up about five years ago. But that’s cooled off, so I don’t expect significant price growth in the coming years. They’re just good classic cars that you can drive and enjoy without worry, and they’ll hold their values. Gesendet von iPhone mit Tapatalk
There is a false stigma against Ferrari regarding maintenance and reliability so the 3x8 will never be embraced by the enthusiasts market. There were far more E-Types and Corvette C1s made than 3x8s yet their prices are higher (even despite Lucas). Heck, there are old 911s that cost the same as a 3x8 and they were made in the millions. For better or worse, the 3x8 has caught the attention of the collector market. They don't drive their cars. The hormone-fueled teenagers watching Magnum p.i. are just now entering their age of peak purchasing power, so they may cause another bump-up on pricing, but who knows. I am ambivalent toward price. I guess I should want to own a priceless antique but value does affect my attitude toward the car and makes me less willing to take risks with it both how/where I drive it and how I modify it (I would dearly love to lower it a bit right now).
How many of those increases are only an offset to inflation? Buy cars for fun, not investment. We have 3 Italian cars we have had for a long time. Counting the all up costs of the 328, Testarossa and the LM002 only the LM has turned out to be a good investment and when you really get down to it I don't like it much and never have.
"Buy cars for fun, not investment." Only six words...and likely the best advice regarding old cars I've ever heard!