How many 328's are still alive?

Did you project to the point where there would be more 250 GTOs than 328 around?
What year would that be?

 

Interesting, important is a what point the car is written off.

There will be a certain moment when even a completely destroyed car will be worth rebuilding. I guess at least all pre 60 ferraris and the limited production ferraris have reached that point.

To make a more precise estimate, ferrari ensurers should have some useable data.

 

There are a couple of wrinkles.

First, during its production run the 328 had a list price in the $70K range, but they were part of the Ferrari price run-up in the late 1980s that led to them fetching $150K+ -- so they were likely most all kept under cover and not driven much. Then the market collapsed and all those hundreds of never-driven red/tan '89s became just cars once again.

Second consideration: At some point, 328s became old cars, meaning that they stopped being daily drivers and started being fair weather weekend cars -- meaning that a 2% loss every year is probably too high.

Maybe not helpful, but I think assuming a linear 2% per annum attrition is not going to give you a valid model.

 

given the assumption that you made this to give some thoughts on the price evaluation in the future there's another side:

Look at the world's population of the rich and famous.


Compared to 1986 the number of people in the world than can actually afford themselves a ferrari this number is now MUCH higher and still growing rapidly ( think of Russia, China and India etc.)
Even with a almost constant supply of 328's ( as 2% is to high tmo too, but there will be to some point a decrease), the demand is already growing and continue to grow for the coming years for sure.

As Ferrari is a synonim for success & wealth AND as Ferrari is well known even in the farest corners of these countries, the demand will most certainly has it's effect on pricing in the furure...
I'll keep mine as long as i have no other, better, usage for my money. It's the best stock i had for years and it's providing a lot of joy at the same time

 

A great point. Even if we assume every 328 in existence remains in existence, the supply is fairly small given increasing numbers of people who like that particular model.

To me, this is more compelling than an analysis of attrition.

 

The only issue with that reasoning is that these "new" millionaires are more likely to buy the new shiny production cars.
Very few have the culture to buy vintage cars and those who do would be going after the TDF and other LMs.

 

I go along with you partly,

surely lots of those "new" rich will go to look for new models. But, does this not happens now also? Beside as soon as all new rich own new ferrari's, owning an "old" modell will be the next step to stay in the spotlights (and for lots a them this is were it's all about i guess)

Bottum line is the group of demand will grow, for all models including the older and fairly old ones.
And on the bright side: the new models come with "endless" supply as fortunately Ferrari will produce new cars forever, the number of old, out of production, cars will in the best case stays the same.

My 2ct:

our "magnum" model might be very appreciated by all the guys whe did dream of one looking at Magnup Pi (i did!) on the screen and this group will grow older not sustituted by a new group ( i guess we should support any replay of Magnum on any channel ) but than again, looking at prices of the even older models, i can't recall seeing any 365BB or 246 dino in any tv show last century and despite they are virtually unobtaineble nowaday. So appearently dreaming owning one as a kid is not the only reason for demand.

So i trully think our beloved models will become quite valuable in the future ( i plan to buy a third one next year anyway, as selfemployed i see this as the best pensionfund)

 

True, although some rich guys seem to have become really interested in high end Dino 246s, when they could have had a used F430 instead.

 

Eight years ago I once stood watching a very nice 308 GTSi that ran and drove get cut up for parts. I also seen a pile of 308 engine blocks to numerous to count, 50 or more at least, and I began wondering then how many 308's were left. One truth with all machines, cars included, is that regardless of thier value or providence, when machines are depreciating thier care and service as a group deminishes. One look at the continuous line of threads dealing with timing belts and engine maintainance are a clue to this; people hate putting $5K of service into a car that keeps losing value. Whether its a Ferrari or a Corvette, or a Cessna or a John Deere it makes no difference. And wealth seems to have the negative effect one would assume; those who can afford it the most, often are the very people who are more likely to defer maintainance. They are also the people who most often see these cars as disposable.

As in the case above, some machines are often worth more in parts than they are in whole, especially when they slip down the scale mechanically or cosmetically, and a Ferrari is no exception. IOW, that $37K 328 could possibly be worth $50K or more if cut up, and the salvage guys are not afraid to buy good running cars and canibalise them so ya'll have access to good used parts. I'm sure you didnt believe a used brake caliper or speedo head grew on a tree somewhere, but perhaps you didnt really think to deep about where it came from. We often want to believe used parts come off junkers and wrecks, when in fact that is often not the case.

But the situation with 328's is far different from the 308. I don't believe the 328 has ever been as unappreciated as the 308's were for a time. In the 90's and early 01's, the 308's were dissapearing at an alarming rate due to the general opinion that there were so many made they would never be worth anything, they were cheap POS cars, real Ferrari's had V-12's, etc., etc... They sat in places rotting away, others got beat until they broke and were shoved aside for scrap, and many others, due to years of neglect, simply burst into flames one day and committed suicide. By the time the 328's were becoming aged, the 308 was finally starting to be appreciated, and the 328 was more or less saved from the fires of hell the 308 experienced. So if I had to guess, I would believe that excepting major accidents or fires, and a few cars parted for supply demands, most of the 328's are still present and accounted for and will continue to be for a while. As for the 308 I am not so sure its done being kicked to the curb, and its numbers continue to drop.

 

A 246 was used in a Cheech and Chong movie, cant recall which one. Someone tossed Cheech the keys thinking he was the Valet at a night club and Chong and him drove off in the car. I remember he was doing like sixty in second gear or something on the freeway and made some funny comment about how to shift the car. It ended with them being taken up into a UFO, in the Ferrari.

 

The fact that a final 328's MSRP had risen to around $68K or so vs. the 308's $27K didn't hurt either, IMO.

Of course there was 18 years of inflation in those numbers, still........

 

Wasn't there someone in here having a site where 328 owners could register?
Where did it go? This could be a good source of information for an assesment of how many 328 are still alive...

 

I think the 328 registry stopped being worked on a long time ago. There was talk of making a google type of site where people could enter their info for their 328, but I don't think that ever happened.

Best regards,
Dino

 

Check out this site! Internet Movie Cars Database
In general it's great, searching 246 dino does not have the required result.

http://www.imcdb.org/vehicles_make-Ferrari.html?PHPSESSID=d76491b5c7bb1d9573641179eec89e3d