Anybody seen these? I can say good luck......
Anybody seen these? I can say good luck... http://cgi.ebay.com/ebaymotors/Ferrari-308-?cmd=ViewItem&_trkparms=algo%3DSIC.NPJS%252BSI%26itu%3DI%252BUA%252BUCI%26otn%3D12%26pmod%3D270877990271%252B270877990271%26po%3DLVI%26ps%3D63%26clkid%3D5351723646088741027&_trksid=p5197.m263&item=170757906521#v4-40
The owner is a member here, and this car has been for sale for years, I believe it was originally listed around $60k The ad says the "plastic shift knob has been replaced with a polished aluminum knob" the pictures show the black plastic stock knob, hmmmm so which is it. Wade
Guess it's all about the condition of the car and the value of the mods - they put a lot of money into the car and would like to get it back. Or at least some of it. Whether they can will depend on whether a buyer wants the same mods and sees the value in purchasing it completed rather than doing it themselves. I like the cars original myself, but I would guess that many who like to mod their cars would like to be very particular about the precise mods they want to make it their own. I see this in high end home design often. An owner can put a ton of money into custom finishes and materials but they can't expect that future buyers are going to see the same value and be willing to pay for it. Often, even if the next buyer might like the materials and finishes, they will change them anyway just to make the house their own. Are modded cars the same? On the other hand, maybe this car has a selection of "standard mods" that many people want and this represents a reasonable cost to obtain them? Cheaper than buying a good condition 308 and doing the work themselves? All that aside (now that I have one) I'd love to see them start going for this price....
you don`t know how lucky you are in the US of A asking price for a car like that would be around USD 55/60.000 overhere USD 47.000 would only get you a driver (that still needs work...) oh well...
if I ever sell my car i'll advertise it in Europe if that is what they are going for there. This one is really pretty. http://www.ebay.co.uk/itm/ws/eBayISAPI.dll?ViewItem&item=200662557894&clk_rvr_id=304128471140
Here's a concours-level '79 308 at Fantasy Junction. They dont have the price listed but it would be interesting to know how it compares. http://www.fantasyjunction.com/cars/724-Ferrari-308%20GTB-V8
Those same pictures have been going around for at least five years now. Nice looking. If you want those Speedline wheels it may be your horse. Always get a ppi.
One more reason to own a euro. Anyone want to buy a clean original '85 GTB? I'll be friendly and take $60k.
What are you crazy 60 ???? Your asking $30 more than what's considered fair around here. If it were a gts we would be talking.
Any modifications to a 308 seem to detract from its value at this point. If money is a concern, you want an original car, with original docs, tools, etc. It looks nice, but for a car that was basically never driven I wish they hadn't drilled it up for an alarm and radio. Still, if I had to choose between these two I'd lean toward the original '79, even without the targa. Those original wheels are retro-cool.
Besides this car I can't for the life of me understand why some of you crap over any car north of $35. I've been accused of being the type to falsely raise the price on the 308's, unreal. I ask anyone of you whom are on that side of the fence to take a 100k plus car for a drive, and not to Costco, a real drive, and then trully answer the following... Am I driving a Ferrari. These 35k cars are shadows of what left the factory, whores cars! People actually belive that decent 348's that are going in the 70's are worth 40k more than 308's ? I ask who is falsely pricing these cars? This place, with the junk around 30 or the rest of the world where 30k will get you a 20k bill to get you that driver you wanted, or even more in Europe, lets not even get into the Middle East or Asian. These aren't Toyatas, these are Ferraris! Look at Brettganon, he's going to be 75k into a 30k GTB and still that's a cosmetic restoration!!! And good for him! This place is screwing up the market not the rest of us. People moding their cars, painting targa tops, pushing in bumpers. They left Modena a cetain way and your all raping them! If you are fine driving these things then so be it, but stop with crapping all over those that want to drive what Ferrari intended.
Fave, i will be 75k into my GTB but it is not cosmetic it is one of 2200 steel produced carbed GTBs, but 1 of 2 restored by Newman! it will be at the end: - bare metal painted - suspension completely restored - rebuilt engine to 3.4L - new electromotive ignition - carbs rebuilt - interior completely redone by an interior specialist - euro bumpers - euro markers and the list goes on work all done by one of the best restoration guys for 70s/80s era Ferraris question is, what would you pay for a great 308? my answer is 105-110k but most 308 owners in this forum are inherently cheap and see anything over 40k as overpriced my next car will probably a 2+2, but the 308 will not leave, because to me it is the car that saved Ferrari and it is a classic (as many much greater people than me have said) car, one which eventually will command good premiums for good examples.
Totally agree, I have always stated that the 308/328 Fchatters are not mature yet, or maybe most people on this 308/328 site don't actually own a 308/328 and have no clue on what they are posting. If you take a look at the other Model Specific Discussions no other site puts down the value of their Model as do the 308/328 poster. I too, a few years back after reading postings on this site thought I could buy a 95 point 328GTB euro for $27,500 well I did find it BUT at the real world price not FerrariChat Dream land Walmart price tag!
I know it's not really cosmetic, just the title of your thread. A great 308... 100, and then some, the best 308, I wouldn't say here, may make some people puke. I've seen them and I've seen the crap. I've driven the crap and I've driven the best.
Some truth to this, IMHO. The difference between a great 308 and the usual $35K used-up car is a vast chasm. Ditto the 328s, although mercifully the '89s were put away by investors and are more available in original condition. I love old cars, but unless they're properly refurbished (suspension, bushings, etc.) they do tend to drive like old cars. It probably is time to stop looking at 308s as "just a Ferrari that's $30K cheaper than a 360" and start looking at them as classic cars that deserve some respect.
At the risk of wading in the deep end...the market is whatever someone will pay for a given car. 308s are rare enough that "market" is pretty damn near car-specific, and changes day-to-day. It ain't a Mustang. That said, one person's definition of "great" is another's dog, just depends on the point of view. Personally, I think some 308s could command $100k or more (lots more for a Michelotto) but those are no more than a handful and represent the extreme exception. Historic significance + condition, nut-and-bolt perfect or venerable patina (Enzo's butt rested here). Perfect, restored, but otherwise "normal" 308s...probably under 100k but you never know what a given buyer might be willing to do. A platinum car (of which there are many) is a step down from these, probably $40k+++ depending on the seller's need. Big range. 30-40k covers everything from a dressed up pig to a gold winner, maybe even an older platinum with a motivated seller. Lots of really good cars here, lots of ugly too. Caveat Emptor. sub-30k, usually projects but sometimes diamonds will surface here. There are several good examples on this forum. Point being, do your homework, size up the seller and make an offer. If it's accepted, bang! You just determined what that car was worth on that day. But blanket statements about value are tough to defend.
My car: 85 GTS with 34k miles, all dealer records, all books, all original, west coast car in very very nice shape. red/tan Seller bought it in 08 for 54k Listed in 2010 for 42.5 - sold but deal fell through I bought it in 2010 for low 30's after he was asking 36.5 Seller was a wealthy real estate owner who never drove it nor had the time/ Money wasn't of concern as you can see. He lost quite a bit of $ in his 1.5 years of ownership selling it to me. I feel that nicer examples should be priced in the 40's and consider myself lucky to have gotten one in the 30's. Steve
No one is saying that deals can't be had, or that you must spend 100k to buy a decent 308. It's the lowering of the value of these cars by crapping over the plus 35k cars, and putting into new comers heads that a cash car of 30 with pretty pictures is an excelent deal. No surprise when the new owner starts to complain about squeeky suspension, ratles and backward mirrors. Makes me cringe at what else is backwards. Not singling Chris out, just its the most recent example. I hope what you bought is amazing. Where else on these boards are they trying to turn their models into something they aren't on a constant basis? Making Gts' look like GTB's ??? The Dino guys, Lambo, you name it, constantly doing their best to restore these to their former glory, not trying to buy the cheapest bucket they can and driving the crap out of them. It's time the 308 gets the respect they deserve. They are one of if not the most recognizable designs in the world. The iconic Ferrari that to this day is one of the most beautiful cars to be made period. Children whom have never heard of Magnum know what they are. In the end your car is yours to do with what you wish, but let's not pretend that 30k will get you anything close to what came out the factory doors. You may as well put a Ferrari badge on a red Honda civic.
I agree with a lot of what you said, but have to take a small exception with this. $30k can get you a nice original car that's been well maintained, and needs a major service. Factory-fresh? No that's dreaming, talk to Newman. But a solid, well-maintained 25 year old car that drives beautifully without squeaks or rattles and handles like it should? That looks nice but has a little patina? That's a great car you're proud to show off and willing to drive anywhere? For $30k? Absolutely, yes.
I can take it..... Just to respond and clarify a few points. First, I am not "complaining". I am identifying items on the car that needs work and setting about fixing them. I think that is an important distinction. And it's something I expected given the price and condition of the car. The suspension, it turns out, is fine. The rattles and squeaks were easily diagnosed and fixed (thanks to this board) and the mirrors are just an oddity. The car is just what I expected for it's price. To be honest, I would have paid a bit more for it. It is a driver, in good but not perfect shape. It runs very well and I feel I got a good deal by about $2-3k I am certainly not pretending it's factory fresh and I doubt anyone else is. My car is 27 years old and I'm sure that a complete re-build would be needed to bring it back to that condition. But are you truly suggesting it's no different than a Civic? We all know these purchases are not about best handling or performance for the price. If, so, why waste 50k on a great 308 instead of a Boxster? These purchases are about image and history and provenance and collecting and possibly the dreams we had when we were 10 years old. But to address the larger point, seems to me that this is a Chicken and Egg question: Are fchat comments driving the market or is the market driving fchat comments? I certainly don't know the answer but we can't forget there are other influences out there: buyers who don't come to fchat, the SCM articles, the inside line long term test, "supercars for under $35k" articles, and so on. They all contribute to the sense of value for the 308's. More than anything, the market is set by what people are willing to pay and what sellers are willing to sell for. How much influence fchat has on these decisions is an open question. As I said before, I wish I knew what Fantasy Junction is asking for the concours-level 308 they have. I am not an expert but it seems that these are the sorts of cars that set the top end of the market for any collectible car and indeed, determine if the car is a collectible at all. Regarding the car that started this thread. Everyone seems to agree that it's a great running and looking car with some nice mods. Now I paid 30k for my car and I see another one here was at 28k for a good driver but lets boost those a little for fun and say that reasonable drivers are 35k and that very good but not perfect cars are 45k. And finally let's say that original cars are valued more highly than modded cars. Given all that, it doesn't seem unreasonable to ask whether a very good but modded car is worth 47k as the OP did. Another good question would be; if a very good original car is 45k, then how much is a perfect, concours level, all original car worth? 60k, 75k, 100k. Beats me.... Lastly, to the point of the forum beating down the prices. Even if that it is true to a degree, the forums also have the opposite effect. They are nearly universally enthusiastic about the car and encouraging of those who wish to buy. They build excitment and interest in the car. And when there are issues, the expertise here reduces frustration by providing solutions and support. That's what kept the minor issues with my car from becoming "complaints"
Sorry but the market isn't what it used to be on the QV's. I have that exact same car with a fresh major listed on F-Chat, looks identical, asking $28,900!
