Best Place to Sell a 308?

Bring a trailer is a good place and people are paying high prices for cars.

 

Ferrari Chat or Bring a Trailer would be my starting points.

S

 

Bring a Trailer for sure. It's pretty much a guarantee that someone will overpay for it (which is always good for the seller)!

Gorgeous car, too. It'll do well.

 

Here or BaT, however I have noticed that 308s and 328s are not pulling as much money on BaT as they have in the recent past. I don't think values have dropped, I think the pool of qualified spenders has shrunk. A nice Vetro car should demand good $$$. Whether buyers show up is hard to say.

 

It's easy to say BAT - after all, they do get results.....sometimes. BUT it is not without RISK! Keep in mind, BAT sets the reserve (you get to suggest a reserve, but ultimately they decide what reserve is and they tend to be closer to wholesale levels). The other big risk is if your car does not sell, good luck getting a penny more for it than the failed BAT result. Once it's listed on BAT, the result will be forever memorialized as EVERYONE will know it.

 

You might think that, but I do know six individuals whose cars did not meet reserve on BaT and they ended up selling the car IMMEDIATELY after the auction ended. Likewise, I also know two individuals who have bought cars that didn't sell on BaT immediately following the auction. I tried to buy a car a couple of days after an auction as well (I hadn't seen the auction while it was live), but the seller told me he sold the car the very next day. There's many reasons a car could not meet reserve on BaT, but it doesn't mean you won't be able to sell the car afterwords. In fact, it seems easier to sell after the fact.

 

In which city is your car located?

 

I would not do BaT for your car. They seem to have a lot of no sales on 308s. It seems like the biggest money for these cars has been at the in person auctions during Monterey car week or during Amelia Island. It seems to get the best money a bit of a more refined audience than BaT is needed. Just my two cents.


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This is not at all my experience with BaT. I have sold 2 cars with them and BaT themselves have been outstanding and hands off in terms of reserve, leaving it entirely in my hands. They only issues with BaT is the commentary can make for a very busy week clarifying everyone’s requests, then hoping how you responded is acceptable by the community.

Poor or vague seller communication and poor photos is the primary cause for auctions not going well. There are some cars that for some reason just don’t make the numbers and it just doesn’t make sense. A great example were the two fabulous recent Maserati’s, a 61 Vignale spyder and a later Mistral spyder, both incredible example. That said, I have heard both still sold AFTER the auction.


I highly recommend anyone make certain the car has the underside detailed, then underside pics. Take flattering pics in general. Lots of them!

 

I sold mine through the dealer that I bought it from and it worked out fine. I don't have the patience to deal with the peanut galleries.
If you find a good dealer with a good, long reputation in the F-car world it helps a lot of times they already have people looking who they know are qualified to buy your car.

 

Rob, aren't they always trying to sell you another car? I always feel the dealers have this attitude of "your car is not very nice", but the the car I want to sell you is "the best one on the planet". I always feel they are grossly low balling the number.

 

That's a wild picture with two F40s along side it!

 

Most important thing is you are in charge not the dealer, they should be doing what you want them to do not the other way around. They may offer you advice but you can always say no. The dealer I dealt with was great they did show me a car that they thought I might be interested when I came to pick up my check and do some paperwork but it wasn't a high pressure situation.

 

In thinking about it I think I kind of misunderstood what you posted. If you mean that a dealer will push the cars they have over one on consignment that may be true in some cases but your car is very rare and looks to be in good shape I don't think there will be much competition. A lot of times dealers have people getting in touch with them looking for certain cars because they don't have time to look at auctions and ads they will pay a little more to get a good car without using up their time looking.

 

That's actually how I found my car—although, I went to an independent Ferrari mechanic and asked if he knew of any for sale (instead of a dealer). He connected me with a customer of his, and the rest is history.

I think if someone is going to a mechanic or a dealer to look for a car, then they're probably way more serious than the peanut gallery on BaT. I still maintain selling a car on BaT will bring you the most money for it, but I think selling it through your mechanic or a dealer would ensure the car goes to a caring new owner.

 

I noticed you changed out the old center caps which is what I did on #21039. The new caps look so much better!

 

^^ This. A car of that high standard and rarity should go to one of the high end auctions in Monterey, Amelia (or elsewhere). It shows very well with the F40s. Beautiful car you have there!!

 

I still don't know if 308s can stand well on their own at the high end auctions. Not 2 years ago a very nice black Euro steel 77 dry sump GTB went to Monterey and simply did not do well. It was a very nice example.

As far as F dealers are concerned, if very much depends on the dealer. Most dealers know little to nothing about the specifics of a 308, and this goes doubly for the mechanics.

 

Agree on the dealer comment, in fact, that seems to be true for just about any dealer—they know nothing about the older cars. But mechanics… there's a whole lot of specialist mechanics out there who know the cars very well. In my immediate area alone I can think of five mechanics off the top of my head who work on nothing but old Italian cars (Dino Motors, Grand Prix Motors, Modena Motors, Roselli Foreign Car Repair, San Rafael European). My mechanic, in particular, owns a 308 GT4 (like I do), and his shop was mentioned in the ads of two different 308 GT4s on BaT because he was the mechanic and maintained that cars (and those cars were high-dollar 308 GT4s - one was the first to hit six figures).

 

I would agree with the ones suggesting BaT. However, the presentation needs to be perfect with many detailed photos. I see cars there that the condition doesn’t match the mileage. A little TLC can take you very far. Don’t leave any room for people to question things. The positive exposure on BaT is great but if the car doesn’t present well then it will have a big negative effect.