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Current 308 Values

Discussion in '308/328' started by Stackhouse, Feb 2, 2021.

  1. Stackhouse

    Stackhouse F1 Rookie
    Consultant

    Feb 14, 2004
    4,625
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    CT.. AKA Pimp Daddy
    G'Day Everyone!

    I did a search but cannot find a thread anywhere tracking current pricing for 308s. Can anyone point me in the right direction or care to comment on the request below. (I have searched auctions, bat ebay etc and classifieds but feel comments from the community will be most helpful!

    I am specifically searching for current value/pricing for an 85 Euro 308 GTSi, Red/Ten 40k +/- miles (not sure if odo is accurate) in fair condition (well driven in need of a lot of rags to soak up the oil and numerous little things) located in USA. This is a car owned by a friend who recently passed. Trying to help family place a value on it.

    Thanks for any info!

    Cheers
    CT
     
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  3. ferrariowner

    ferrariowner Formula Junior

    Feb 21, 2014
    789
    Mansfield, TX
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    Ron
    I'll take a stab- $50k-$60k in fair condition
    Very difficult without pictures and documentation.
     
  4. Dave Bertrand

    Dave Bertrand Karting
    Rossa Subscribed

    Dec 24, 2005
    129
    Castle Rock, CO
    Are you aware of Hagerty's valuation tool? You can create a free account and get access to it. Attached is the 3 year history of 1985 308 QV valuations up to January 2021. The description of #3 condition is shown. It sounds like yours may be a 4.

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  5. Dr Tommy Cosgrove

    Dr Tommy Cosgrove Three Time F1 World Champ
    Rossa Subscribed Owner

    May 4, 2001
    31,634
    Birmingham, AL
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    Tommy
    50 to 60 K

    At least that is the current trend in the classifieds in the latest FCA News bulletin.
     
  6. Dr Tommy Cosgrove

    Dr Tommy Cosgrove Three Time F1 World Champ
    Rossa Subscribed Owner

    May 4, 2001
    31,634
    Birmingham, AL
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    Tommy
    Based on your description, it needs $5-10K of work to be driven and enjoyed. With many mechanical needs, no matter how trivial it will drop the value immediately with any buyer.

    I would call it about a 45K car
     
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  8. 48969

    48969 Karting
    Silver Subscribed

    Jun 27, 2020
    76
    Chicago, Illinois
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    J. Michael Collins
    40,000 miles or kilometers? My euro registers in kilometers. Could be 24,000+/- miles.


    Sent from my iPhone using FerrariChat.com mobile app
     
  9. BigTex

    BigTex Seven Time F1 World Champ
    Rossa Subscribed Owner

    Dec 6, 2002
    74,234
    Houston, Texas
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    Bubba
    Cavallino magazine also publishes a Market summary..maybe every other issue...inquire for a recent one.
     
  10. Big Swole

    Big Swole Karting
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    Jun 20, 2020
    205
    Metro Atlanta Area
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    David
    Subscribed. Mine's an 85 GTS QV 3.4L Restomod by Newman, but I might have to list mine eventually to.
    No clue what a full restoration / build should be valued at.
     
  11. spirot

    spirot F1 World Champ
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    Dec 12, 2005
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    Tom Spiro
    I think the 308 market is pretty buoyant. Dr. Tommy is right. given the mtns needs $45K seems a good start place, and maybe take $39-40K. If you want the max - then try to find all the mtns records - and get the car serviced before selling ... provenance is very important. Euro cars that were imported recently - not such a big deal, but if it was brought over in the 80s -90's then you'll want the Fed certification info - who did the modifications etc... that can be a bit of a price killer. ($5-10K) depending on who did the work... Hagarty's is mostly from Auction sales - so your actual result can be higher or lower. the cars they call good tend to look amazing and are very original... so its hard to go by their ratings.

    any pics? where is the car located?
     
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  13. Stackhouse

    Stackhouse F1 Rookie
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    Feb 14, 2004
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  14. myronx19

    myronx19 Formula Junior

    May 27, 2012
    631
    Toronto, ON Canada
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    Myron Samila
    Distributorless ignition conversion?
     
  15. Tvjake2

    Tvjake2 Karting
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    Jun 28, 2017
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    Tom J.
  16. MS250

    MS250 Two Time F1 World Champ
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    Dec 10, 2003
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    Avvocato
    I find the Hagerty more accurate, I think it’s really based on publication. I’m sure they all follow the same selling trends from auction. Privately, I’ve seen a few cars sell for more based on condition.
     
  17. Tvjake2

    Tvjake2 Karting
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    Jun 28, 2017
    122
    Glendale, CA
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    Tom J.
    I don't necessarily disagree but all of these sales reference sources are based on averages, generally. Hagerty does show high and low but, personally, I've not found them particularly accurate to what's been recently sold on the wide market. That said the Ferrari Market Letter does tend to be a bit low but I think that's taking into account low sales figures of particular cars. The more cars of a type, with higher production numbers, that they reference the less accurate they seem to be. Of course, accuracy is a somewhat personal thing also...I'd like my car to sell BIG...but then we all wish that.
     

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