Euro 308 QV - Store or Sell ?

As someone going through the same decision on my two Alfa's, I say sell. I drive my Mondial as often as I can which is still only 6-8 per month but those poor Alfa's need some driving love.

 

Tough decision, but I think if it were me, I'd keep it.

My car only sees the light of day a few time per year, but at least I can admire it in the garage.

 

Time to let her go. 2cts.

 

Drive it more and sell something else.

 

sell it, put the money in a an account that will EARN money(don't touch it), and buy something when you are ready to enjoy it.

 

If building a bigger a garage is an option, and you don't NEED to sell it, I would build the garage! It will appreciate, and if it's at your residence you will most likely drive it more .

 

I would take a look and see if you could part with another one of your cars in order to get the 308 back into the driving rotation.

If not, I would build a bigger garage if you need/want, but not simply to go into the storage business (so to speak).

I really think you want to drive the 308 or move it on to someone who will. For reasons you already mentioned, if it doesn't see the road with regularity you're not doing the machine (or the ghost of Enzo ) any favors.

My 2 cents, for what it's worth.

 

I just bought my 308 about a month and a half ago so if history is any indicator values are probably going to remain flat or tank as "buy high, sell low" seems to be my moniker Also, speaking from my own experience owning my first Ferrari, let the car bring some joy into another persons life. Storage would be like a slow death, the car deserves better.

 

Send it to storage, especially free storage, and re-evaluate after a year or so. A well sorted, good QV, (euro spec even better in my opinion) is a nice addition to any collection, and could be hard to replace if you ever wanted another.

 

If you don't need the cash..store it.... After all most classic ferraris are in storage...

 

Or if you can find a good home that and someone that can use it, appreciate it, drive it, enjoy it, maintain it regularly, the better.

 

I wish we had met several weeks ago, this is what I've been looking for!!!!

 

Sounds like other toy cars in your fleet garner more of your affection than your 308.

If you are storing it offsite, that means you're not really enjoying it as a museum piece either.

Time to cull the herd.

 

She's just your concubine, free her I say. She deserves better.

 

Sell the car only if you have to. Money in the bank will only appreciate at the current rates and that is not a lot. Realistically, they are not making more 308's and as the numbers diminish, their value will continue to grow. If you do sell the car, I would suggest you not think of another 308 again or there will always be regrets in your mind, plus when the time comes to buy again, I bet you will find it very difficult to find another at the same price, plus the fact you know your car and it's history. Another 308 will be like starting all over again, and that may not be much fun in the long run.
In this case, 5 cents worth!

 

Agreed. There are other enthusiasts with fewer cars who would be happy to have the opportunity to drive and maintain a Euro QV. I'm generally one who keeps and doesn't sell, but if this car is that far off your radar you're not going to miss it, yet the right buyer will cherish it. Since you're apparently in the position to do so, seems to me the "car guy" thing to do would be to find the car a loving home.

 

For the right price my 85 Euro 308 GTS could find a new home. See my threads in this section. (She was not supercharged)
http://www.ferrarichat.com/forum/308-328-sponsored-yellow-compass-group/464638-supercharger-build-has-started.html

 

I'm going to store mine until the prices rise, or the right buyer shows up.

 

If you can store it for free at a known space that is safe, that beats shelling out money to expand your garage. If you were going to expand the garage anyway then do so is my take.

Seems that the majority of 3 x 8 owners regret selling and some go and buy another one at a later date.

You know the history of your car as well as its habits, so it would seem to buy another one later, (if you did) would be buying in at who know what price range.

I think the cars are holding at the current prices give or take. I think the down turn came about due to a large number of cars coming to market with the higher prices.

The car is like no other on the horizon period.

The 308 - 328 cars are a good buy and more importantly great deal of car for the money.

You can't buy a car like it for the money. Of course it is a classic car and will need up keep but all cars will and for the money you can't really come close to matching the looks, heritage, sounds and reliability.

Other cars that have similar qualities are much, much more expensive.

Consider a Porsche 904 or Muria.

But I've always like the shape and all that goes along with these Ferraris.

 

One thing to consider is *why* you aren't driving it more often.

If it's because it's stored remotely, then you may want to consider a storage rotation option to keep it in your garage from time to time. (Shifting some others out for a time.)
Putting a car in storage off-site can lead to neglecting it until it becomes a barn car.

If it's because you enjoy driving the other cars more, then this isn't a car you want to keep for yourself.

But look at your "too many" cars and divest the ones you enjoy less than others just for driving pleasure -- not because you put them where they're harder to get to.

I don't know where you're located, or if there's a fairly safe self storage bay (gated area) nearby where you can park a spare car.
If so, and you get a unit large enough for any of your cars, you have the option to rotate which car gets "exiled" from your garage for a time.

I'm guessing the QV is the current "exile" simply because that's the one you can keep with the mechanic, not because it's the one you least want on-hand.

So put the "where to store" question aside, and consider which of your cars you want local more often, and which you only want occasionally

Think about a vehicle rotation plan, to get all your cars in the garage from time to time.
Just planning that out may let you recognize which of your cars you're not that attached to.

That'll help tell you where you want to trim the fleet.

If you go through that and still have more than you can garage, consider which you might relegate to a car cover or car bubble on site, or to nearby storage.
(Or expand the garage. )
But putting a car where you can't readily get to it is pretty much mothballing it.
You'd only do that to a car you don't enjoy as much as someone else might.

 

With free storage, unless you can earn something with the cash, why sell? I don't think they will continue the climb of the last few years but I also don't think they will crash either. If you never sell, the market doesn't matter anyway. I am in the same predicament-- putting a lot of blood, sweat, and cash into a carbed 308 but losing my 3 garages when we move to downtown London in 8 months. The cash would sit in boring pension or mutual funds and it will probably not buy me a carbed 308 restored to my standards when I retire (but paying for UK storage for at least 5 years will quickly eat away that difference.) Neither option appeals.