Euro QVs in North America?

A car fitting your description sold on ebay a few weeks ago for $53,000. That's only one data point, but I think it is market correct.

 

Yeah, part of the problem is you guys (and myself included) are totally in love with their cars and wouldn't part with them for anything less than a boat load of cash. So maybe the question is not totally fair from the perspective of a buyer.

That said, in a market as tight as this one (where there just aren't that many Euro's and GTB's to choose from) sellers can kind of shape the market and in order to pry the car from the owner's hands, a buyer is going to have to pay more than they realize.

-F

 

People looking for their first Ferrari rarely know what a really good car is. A well maintained 308 is going to have a lot of work in it that isn't apparent to a neophyte.
I bought a solid car but needed to put in new hoses, fuel lines and suspension bushings to make it right. Money I'd never likely see on resale.

 

I didn't mean to imply that Ferraris were alone in this respect.

All old cars are going to need hidden maintenance and newbies will understand that in theory but generally don't appreciate just how much the nuts and bolts stuff can cost on a Ferrari and how important that sort of work can be.
I wanted to start out my ownership with as mechanically safe a car as I could but didn't really know how just how important it was until I saw the condition of the pieces that came off the car.

And you're never quite prepared for the bill.

 

Kent (Euro Quattro)
If It was me.. I would hold on to the car, I think we all look on them as an achievement and even for a brief moment,a distraction to what's going on in life. Service work can be delayed. If the funds from the sale of the car are needed elsewhere, that's a different story. I wouldn't let it change hands for under $40k US. Above all this I wish you the very best, thoughts and prayers headed your way my Friend.

 

Interesting. My sense is, the market for 308 QV GTB is around $45k. Just a feeling. However, the reality is, very few people would sell at that level so the actual market is really $55k. It's a market that's in flux so it's hard to get a real number. And when the numbers are so low, each sale makes the market.

I think the market for 328 GTB is around $55k. However, if someone wanted to pry it out of my hands they would have to offer a lot more than that. A lot more. There's a difference between cars for sale and cars that aren't for sale but could be sold.

Sorry to turn this thread into a market thread.

Complete hogwash. Go to a place where you are surrounded by Ferrari's, like a meet or at a dealer. 308 and 328 are pretty rare. 360 and F430, not so much.

-F

 

As I keep saying, in 1967 alone, Chevrolet made around 23k Corvettes. Regardless of options, these are generally thought of as collector cars. A base model 327 coupe (production was ~2:1 vert to hardtop) is still worth more restored than most 308s.

Take into account that over 9 years, Ferrari built half the amount of units that Chevrolet built Corvettes that one year, take into account that the 308 is the technical basis for the 288 GTO, take into account that the 308 is perhaps one of the most iconic cars of the 80s (with the Testarossa, Delorean, and the Countach); I think its safe to say that we as owners keep selling the car short. I'm going through mine fixing all the small stuff, and while mine isn't a concourse queen, she wont part my hands for anything that wont let me replace her with a 550 Maranello, and a significant down payment on some real estate.

 

True but people are scared to own a 308, that Corvette may cost more to buy but it is cheap to own, it has a larger market.

 

First one a euro 1985 and then a 1979 I just got Friday that looks like one.
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55741, I believe it was in Oregon at one point.
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Yeah, my A pillars are black, amongst complete red hood & vents, targa is painted red, have the saratoga top as well, a few differences but nice and normal inside.

 

There's one for sale on Ebay right now, I believe starting bid was $6k? And a "buy it now" $7k IIRC

 

I love those wheels.

 

I am so with you on this.

 

Thanks Mark, I probably need to do the same for the yellow 308, 328, 355, and 550 as well. I've been an fchatter for maybe a little over a year now but need to pickup my participation voice.

 

A more apples to apples comparison (in terms of buyer, production, quality, etc) would be the Mercedes 190sl, in which they built 25k over 8 years. I was just trying to illustrate how the market seems to be relatively off for the 308, and off by a significant amount, even compared to a lesser corvette.