Feeling out the market for a 1983 GTS QV

Your price looks attractive for a Euro QV GTSi. Original color is always better. Unmodified is always better. BUT, if its painted a factory red that was available for that year, and it was done correctly and looks great, I think the difference is a wash paint color wise. If its a non-factory red, or repainted poorly, then that will be a detraction for most buyers. And a paint job is anywhere from $8,000 to $15,000 to do right depending on market. If I were buying the car, I would start from the accepted value and start adding or subtracting based on what needs to be fixed and the condition.

I would also suggest subscribing to the forum and listing the car with good photos in the ad section above. If its nice, it will move.

 

The other thing to consider on this car is the paper work regarding the importation. And how much 'federalization' was done to the car. Questions like, does it retain its original bumpers and body work, were side markers added, did they stick a exhaust diaper on it or is the rear valence euro, did they paint it like a euro or a US QV (83 they were different), is the speedo a US or euro, do you have documentation since new of mileage and maintenance, is all the tools-keys-books-accessories all there, etc. All that will play into what someone will offer. Don't think the body would be coming off on this car for a color change without cutting. They should have pulled the bonnets and doors and glass though.

 

Brown is marrone in Ferrari speak.

 

Ask what you think you might get; much easier to come down from the asking then go up. And I agree, "racing red" beats brown... any day; but then again that's just me.
I wouldn't be too anxious to prejudge a potential buyer's taste so far as specs go; you only need to have the car appeal to one buyer, not to everyone who wants a Ferrari! Condition is everything; take lots of photos!

Cheers, Rich

 

Seems priced too low, for a low-mileage car with 1-owner history. If the repaint was good, it shouldn't hurt value at all. There have been a couple QVs sell recently for nearly twice your asking price. Check the market carefully, and Rich is right - easier to come down than go up.

 

The paint change is an interesting item...If someone WANTS a brown car, then it's worth the going price of any unmolested car in similar condition. OF course, red will appeal to a lot more buyers...by several orders of magnitude - but the repaint to a non-original color will drop the price.

So it will probably sell a lot quicker than it would have it was still brown but the price will be lower than it would have been in the original color and lower than an original red car in the same condition would sell for.

Saying a repaint doesn't matter is like saying mileage doesn't matter. Sellers like to say that but it doesn't reflect reality. Barring obvious condition issues, a lower mileage car will always sell for more as will a car in the original color as opposed to a repaint in a different color.