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'81 308GTSi wholesale value

Discussion in '308/328' started by RED 4RE, Sep 4, 2009.

  1. RED 4RE

    RED 4RE Karting

    Jul 18, 2005
    210
    CANADA
    can anyone help give me a ballpark estimate on what the wholesale value of a clean 1981 308GTSi would be?

    thanks,

    red 4re
     
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  3. BigTex

    BigTex Seven Time F1 World Champ
    Rossa Subscribed Owner

    Dec 6, 2002
    74,288
    Houston, Texas
    Full Name:
    Bubba
    Ask that this thread be moved into the 308 Section, you have accidentally landed in Vintage.


    $21,550.00 wholesale

    $27,500 retail....

    I just pulled that from the air, it's really about condition!!!

    See you in the 308 Section, we'll help you out...
     
  4. ZiFF

    ZiFF Formula Junior

    Mar 30, 2009
    323
    High teens.
     
  5. Kds

    Kds F1 World Champ

    #4 Kds, Sep 4, 2009
    Last edited: Sep 4, 2009
    High teens in US $$, low twenties in CAD $$.......need more info though.
     
  6. jlonmark

    jlonmark F1 Rookie

    Mar 29, 2005
    2,958
    Beverly Hills, CA
    Full Name:
    Jay
    I just sold a real cherry 1981 308 gtbi with 15,xxx original miles for $24,000.

    Wholesale price on a 308 = $15,000 - $20,000

    Retail $20,000 - $25,000

    The most expensive would be a 1976 fiberglass car with low miles, etc, perfect condition $35,000 wholesale - $45,000 retail
     
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  8. BigTex

    BigTex Seven Time F1 World Champ
    Rossa Subscribed Owner

    Dec 6, 2002
    74,288
    Houston, Texas
    Full Name:
    Bubba
    I guess they haven't seen this to move it, thanks for helping guys!
     
  9. Canut

    Canut Formula Junior

    Aug 11, 2005
    340
    Long Beach, CA
    Full Name:
    Manuel Canut
    High teens? Really?
    How about something more realistic.

    1981 FERRARI 308 GTSi Dsp/HP Eng Fair Good Exc Show Loan
    SPYDER (1,743 mfd) 1980-82 3.0/205 V8 21,000 27,000 34,000 40,000 24,000


    Data updated May 2009.

    From Gold Book
    http://www.manheimgold.com/car_lo.html
     
  10. BigTex

    BigTex Seven Time F1 World Champ
    Rossa Subscribed Owner

    Dec 6, 2002
    74,288
    Houston, Texas
    Full Name:
    Bubba
    Thanks Manuel!!!

    Dayum, compare that to my original numbers I pulled out of .......air!
     
  11. BigTex

    BigTex Seven Time F1 World Champ
    Rossa Subscribed Owner

    Dec 6, 2002
    74,288
    Houston, Texas
    Full Name:
    Bubba
    ...
     
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  13. ZiFF

    ZiFF Formula Junior

    Mar 30, 2009
    323
    #10 ZiFF, Sep 4, 2009
    Last edited: Sep 4, 2009
    High teens is realistic for an average '81 US 308, WHOLESALE.

    Even the numbers you show, says $21K RETAIL for a "fair" car.

    Although unless the "Gold Book" is prepared to cut a check for $34,000 for an "exc" '80 308, their numbers mean little to nothing anyways.

    As we all know, a nice '85 308 QV just sold for under $25K this week.

    Also, if you want actual WHOLESALE sales numbers, the last 2V 308 to pass through Manheim was an '81 GTS red/tan sold at Manheim Riverside on 7/6/09 with 39K miles for . . . . wait for it . . . $18,250.

    Boom.
     
  14. desire308

    desire308 Formula 3

    Oct 19, 2007
    1,433
    Florida
    Full Name:
    Peter W
    #11 desire308, Sep 4, 2009
    Last edited: Sep 4, 2009
  15. irondogmike

    irondogmike Formula 3

    Sep 8, 2006
    2,170
    San Diego area
    Full Name:
    Michael Tucker
    www.nada.com
    check it out this is what I used when I sold mine and got just what I was asking.ta da
     
  16. desire308

    desire308 Formula 3

    Oct 19, 2007
    1,433
    Florida
    Full Name:
    Peter W
    You sold yours! I guess I was away too long.
     
  17. desire308

    desire308 Formula 3

    Oct 19, 2007
    1,433
    Florida
    Full Name:
    Peter W
    Sold...at $27,500.
     
  18. tommott77

    tommott77 Formula Junior

    Feb 1, 2009
    652
    NC
    Full Name:
    Tom
    From what I have seen from following the market the last couple months dealers and wholesalers (ie wholesale price) are not going to pay anything more than the mid-high teens for an 'i'. Sorry if this is not what you want to hear, and perhaps this seems low based off of past prices, but right now that is all you are going to get in the US.
     
  19. irondogmike

    irondogmike Formula 3

    Sep 8, 2006
    2,170
    San Diego area
    Full Name:
    Michael Tucker
    no $38k,where did you get that number?
     
  20. Doright

    Doright Karting

    Jan 19, 2007
    73
    Pahrump NV.
    Full Name:
    Dennis B.
    Still for average Joe not many available in 20k range.
    Whole sale maybe but that's only going to be a lucky few that have access to those, like a dealer.
     
  21. desire308

    desire308 Formula 3

    Oct 19, 2007
    1,433
    Florida
    Full Name:
    Peter W
    That's what I just sold the old 308 for...not your sale price Mike.
     
  22. Canut

    Canut Formula Junior

    Aug 11, 2005
    340
    Long Beach, CA
    Full Name:
    Manuel Canut
    Yes $25,000 for a car with an accident and on a estate sale. Did you even read the description of the car?
    One car does not represent the entire population.
    Check www.nadaguides.com
    Ka-boom buddy.
     
  23. tommott77

    tommott77 Formula Junior

    Feb 1, 2009
    652
    NC
    Full Name:
    Tom
    #20 tommott77, Sep 5, 2009
    Last edited: Sep 5, 2009
    Not trying to pick a fight or take sides here but the question posed was about wholesale prices. An estate sale exemplifies the type of sale that is going bring in wholesale prices.

    NADA is not going to be relevant and/or accurate regarding this debate. Why rely on books when you can see for yourself what the market is doing by checking out the completed listings on Ebay. I just did and there are currently 9 completed listings for 'i's. Of those listings there is only one car that had a bid over $20k and that was the car referenced earlier in the thread which appears to be almost as nice of an 'i' as you will ever see. Also it does not sound a dealer or wholesaler purchased this car. There were plenty of bids/offers on a several of these cars and I guarantee that of those lowball bids many were made by dealers and/or wholesalers. Dealers or wholesalers are just not willing to break that $20k figure in the current market for an average 'i'.

    It blows my mind how people always rely on books values, appraisal opinions, and the like to put a value on cars, homes, boats, ect when in just a couple minutes with an internet connection you can see the market right in front of your very own eyes.
     
  24. 2dinos

    2dinos F1 Rookie

    Jan 13, 2007
    2,525
    IMHO:
    There are "good deals" out there, and there are those who unfortunately are in trouble due to the economy, low numbers in the teens and twenties are very condition dependent. I offered my 81 GTSi (vgood/exc cond - books / tools/ no stories) for sale about a year ago, and pulled it from the market. I got some 29K offers, but I know what's there, and think it's worth more based on looking at other cars. I'm holding on for 32K. We all know how easy it is to stack up 10K + in parts alone freshening up one of these beauties. Again, it's very condition dependant. I think a dealer probably wants to make 3 - 5k for flooring, marketing and profit, so that would put my wholesale guesstimate at 27-29K.
     
  25. tommott77

    tommott77 Formula Junior

    Feb 1, 2009
    652
    NC
    Full Name:
    Tom
    Yes, it is very condition dependent and you have some good real world numbers to play around with, but I think you are not adding them up correctly. Correct me if I am wrong but it sounds like the offers you got were from private parties not affiliated to dealers. If this is indeed the case than the private party value for your car last year would have been $29k. Now subtract $3-5k from that figure and you have the wholesale price. That puts you at $25-26k a year ago for an excellent which sounds about right. Now I would say that the market is probably down somewhere around 10-20% from a year ago.
     
  26. Canut

    Canut Formula Junior

    Aug 11, 2005
    340
    Long Beach, CA
    Full Name:
    Manuel Canut
    Ok, you got me. ebay is the best and only way to gauge the price of cars.
    I regularly check ebay and others, and I just haven't see those 308 GTS being sold on the high teens. But if you see one, you should buy it.
     
  27. Paul_308

    Paul_308 Formula 3

    Mar 12, 2004
    2,335
    But eBay is retail. Dealers want 20% or better margin. Dealer auctions go as deep as 50% off retail to cover unknown condition.

    Sale price is determined by how quick do you need the money and what is the condition of the car plus the amount of exposure the car has had.
     
  28. 2dinos

    2dinos F1 Rookie

    Jan 13, 2007
    2,525
    Great point! This is a very important piece to the equation, which also has the odd effect of getting "stale" and suspicious if marketed too long.

    Also mentioned is that prices have dropped 10 -20% in the last year. This has got to be economy driven as the cars aren't getting more plentiful, less technically cool, or less beautiful.

    More of my biased opinion. Long live Ferrari Chat!
     

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