Interest in 308's on the rise | Page 3 | FerrariChat

Interest in 308's on the rise

Discussion in '308/328' started by Newman, Jun 25, 2009.

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  1. Ferraripilot

    Ferraripilot F1 World Champ
    Owner Project Master

    May 10, 2006
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    John!
    wow that is stunning.
     
  2. Ferraripilot

    Ferraripilot F1 World Champ
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    May 10, 2006
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    John!

    +1. Although I believe the Dino will be the trophy holder over the 308. Dino's are epic.
     
  3. MS250

    MS250 Two Time F1 World Champ
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    Dec 10, 2003
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    Alot of good points ,but fundamentally one big point is missing, which ultimately will be a deciding factor.

    The "dino" though not alot produced, never really dropped hard in prices "in relative to the time frame". THose cars, where never made into drag cars, where never butchered, and were slow....therefore not many perished.

    The 328 is also in that same fate, never really dropped hard in price, none of the cars were really butchered into race cars, and MANY were produced, but is know as a relaiable and cost effect ferrari...therefore pricing will stay constant, but eventually be lower that early 308s.

    What makes the 308 of interest...the early cars were lighter, abit faster than the injected cars, less issues with the carbs...blah, blah....tie that in now with many of them were butchered into race cars or something else ( you still see it today), and the production number was low....tie that all in, and now you have somethign that alot of people want. There are 712 glass cars...and then i believe another 1,500 steel cars....half of them are torched for sure...that leaves us with barley 1,200 cars (if we are lucky)...those that got em, wont sell them, and those that want them want to be like "Yoric" and pay 30k....well guess what....something has to give, hence the increase in constant demand.....which relates into price...then the true collector or guy with real money will by a piece, and everyone else, we'll compromise and buy something close....it is what it is........PS...what ever happened to our good friend Desire308 and that lovely 308 restore project that he sold ?
     
  4. ZiFF

    ZiFF Formula Junior

    Mar 30, 2009
    323
    The 308 has a classic beauty, inside and out, that was somewhat lost with the 328.

    Sure, the 328 is technically a better car, just like it is technically better than a 246.

    But the 328 is really the first step into the "modern" era, esp. in the interior.

    15 years from now, 308s will be worth much more than 328s.
     
  5. st@ven

    st@ven F1 Rookie

    Aug 4, 2008
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    not agree
    for the average future buyer who want the have "an icon" there's not much difference between the 308 and 328
    It's the shape that matters, and both carry the same..
     
  6. MS250

    MS250 Two Time F1 World Champ
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    Actually brother, not agree....your off.

    THe 328 was and is the best car they made. It was far head in build quality over the 308. THe 308 was still a 70s car, even up to the 85Qv....the 328 is built proof, and modern...unless im totally misunderstanding you.
     
  7. Falcon

    Falcon Formula 3

    Aug 19, 2008
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    I think the 328 is the last of the "classics" not the first of the "modern". It was built using the same methods as the 308, 275, 250 etc, tube frame with welded body panels. The following car, 348, was a clean sheet of paper with a unibody construction. The 348 is most like the cars after it. The 328 the cars before.
     
  8. st@ven

    st@ven F1 Rookie

    Aug 4, 2008
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    i think you do misunderastand

    what i meant is that in the future, say 10-15 years the people who than want to buy an iconic Ferrari will either choose a 308 or 328 as they will not see much differences.

    Of coarse they are ( i know, i have both) different. But simply not that much to the average future buyer. Therefore I do not think there will be a huge pricedifference.
    Some will like the 308, some will prefer the 328. just like today
     
  9. Newman

    Newman F1 World Champ
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    #59 Newman, Jun 26, 2009
    Last edited: Jun 26, 2009
    30 years is the rule of thumb it seems for collectibility so under that assumption the 308 will increase in value, less nice examples will be around as the years go by so choices narrow for buyers of good cars. One problem buyers will face in addition to this is the lack of NOS parts and the cost of restoration for a 308. Owners have been buying ferrari parts for 308s for years so stock is drying up - I know and I was lucky to get the NOS stuff I did for my resto. People will be forced into a situation where even larger sums of money will be needed to put one right and drive the cost of a great car very high. People might buy a 328 because most 328's will still be clean and 308's will be too expensive. Only a collector will want to pay the money needed to get the right car.
     
  10. Helmut

    Helmut Formula Junior

    Dec 11, 2004
    640

    I know exactly what you are talking about. Rutland offered me one of those Banana shaped dash vents for my 308 for $200.- a piece and right now I am Begging GT carparts to send me parts. Ricambi has a lot of stuff but look at their prices ... and they also don't have those specific items. I think I should make a mold for those banana shaped vents and make a few hundred.

    Helmut
     
  11. Neonzapper

    Neonzapper F1 Rookie

    Oct 19, 2008
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    #61 Neonzapper, Jun 26, 2009
    Last edited: Jun 26, 2009
    +1
     
  12. timr

    timr Formula Junior

    Sep 24, 2006
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    You have to look at the lifecycle of the future buyer. When we were all kids we longed for these cars. Then when we made just enough money we bought one. That was 30 years after it's birth. Fast forward 30 more years and we are now in a different income bracket and can afford to hang on and care for our hobbies. Most guys our age in thirty years will also be in the same tax bracket and willing to pay the price to relive their fantasies as well since they didn't get one the first/second time around. It happened to the Camaro...

    Tim
     
  13. Newman

    Newman F1 World Champ
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    Im an exception to the rule I guess. When I was in highschool, an 89 Mustang GT just came out, I have no desire to have one. I never dream of one and before 2001 I only knew ferrari made expensive cars. I bought my 308 then fell in love with the marque in 2001 still knowing nothing about them, Ive also hated the cars a fair amount too over the years. Counting on a specific generation to drive the prices on such a small number of cars isnt really needed IMO.
     
  14. Birdman

    Birdman F1 Veteran

    Jun 20, 2003
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    Ouch! That was mean! ;) You're just jealous that the 308 is cooler than the 328. :)

    I don't think it has anything to do with carbs being easier to work on. The car was designed with carbs. K-jet sucks! (I can say that because I have one of each). :)

    They were always cool. The guy at Wynn Ferrari apparently only judges "coolness" by price.

    Tom, the rest of your post was spot on, but I couldn't help but chuckle a little on the sentence above. You weren't even born when the 308 was released...:) (Again, no offense intended).

    Birdman
     
  15. red3555gtb

    red3555gtb Formula 3
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    Nov 15, 2006
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    How about this guys, all owners of very nice examples of 308\328 [which are harder and harder to find] will do just fine in the next rise in Ferrari interest, and if you happen to own a glass car,GTB car,Euro Spec car and last year produced 308\328 your car will most likely be on the most wanted list due to limited production numbers for those examples.
     
  16. tommott77

    tommott77 Formula Junior

    Feb 1, 2009
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    Tom
    No offense what so ever. I feel somewhat humiliated to admit this but what made the 308 iconic for me growing up, as I am sure is the case with many car fans of similar age to myself, was Magnum PI which aired from 1980 to 1988, and perhaps on a little bit more of a personal level, the Cannonball Run movies, after watching the second iteration in the theatres my parents probably had no choice but to buy me the first segment on VHS. Tying back into my original post though, it is this age group of car fans that is probably just now coming to a point in their lives where they have the means (or it at least think they do) to purchase one of these iconic automobiles which is driving up the demand for the 308. So, despite your take on the correlation between the 308 and that 1980's television show, if the demand continues over the next couple years to the point where prices start to escalate you might owe a debt of gratitude to Tom Selleck and his mustache ;-)
     
  17. tuttebenne

    tuttebenne F1 Rookie

    Mar 26, 2003
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    The 3x8 will always be a more desireable car than the Dino - especially here in the 308/328 forum ;)
     
  18. CliffBeer

    CliffBeer Formula 3

    Apr 3, 2005
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    Take a look at what happened to early porsche 911s over the last 5 or 6 years - you could buy tons of early 911s (pre-'74) for $5-10,000 in really nice shape. Now you can't find one in nice shape for less than $20-25,000. Why? Because it became "vintage" and "cool" to have an older 911. I think the same thing is just now starting to happen with 308s, and will probably continue over the next few years. The early 308 is an iconic car, just like the early 911. In 5 years I would guess that most all 308s will be $30,000-$35,000 or more cars.
     
  19. samba-lee

    samba-lee Formula Junior

    Aug 28, 2006
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    Lee Griffiths
    There's a GT4 nearby that I reckon they would take £10K for - It would be great to start a stock pile of them :)

    Lee
     
  20. Birdman

    Birdman F1 Veteran

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    No shame in that. Magnum was a good show, the car was a star in the show and we all loved the car, no matter whether we loved the show or not. (I liked the show too....I have all seasons on DVD!) Magnum PI is the show that put the 308 on the map, and probably the reason why anyone my age (or yours!) can identify a 308 as a Ferrari from a mile way, but might not be able to identify a 250 GTO or a 360 spider as a Ferrari. For me, Magnum made the 308 the quintissential Ferrari.
     
  21. mike996

    mike996 F1 Veteran

    Jun 14, 2008
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    As I've said before, I'm flattered if somebody hollers, "Hey, Magnum!" I frankly don't understand the dislike that some express over the issue.

    As far as recognizing cars...yesterday I moved my 328 from it's marina parking slot back to the rental garage where it stays when I'm not here (flying back to Mexico today). I then moved my wife's car into that slot. Later, a guy on the dock who I don't know saw my wife's car in the slot and said jokingly ,"Is that car one of those transformers that can switch from a beige sedan to a red Corvette?" I just said, "yes" and we continued our cnversation.

    I doesn't matter to me if somebody thinks my 328 is a Vette or "Magnum's car." It isn't worth being concerned about and correcting somebody just puts a damper on an otherwise nice conversation. If somebody doesn't care or recognize that it's a Ferrari, I don't care that they don't care! If they ask about the car, (or want a ride) that's a different thing...
     
  22. f308jack

    f308jack F1 Rookie

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    I think age is a relative thing in respect to these cars. Around here, even the smallest little boys recognise it immediately as a Ferrari, and the car often is 20 years older than they are. The shape of both the 308 and 328 is quite timeless.
    We often had both 308 and 328 parked side by side at our shop, and other than other Ferraristi, I never noticed a particular preference to either.
     
  23. bernardo66

    bernardo66 The Crazy Cat Man
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    #73 bernardo66, Jun 27, 2009
    Last edited: Jun 27, 2009
    Last weekend, I had someone yell out to me: "Where's Higgins??!!" It cracked me up for days. :)
     
  24. f308jack

    f308jack F1 Rookie

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    Waint until they set Zeus and Apollo on you!
     
  25. mustardfj40

    mustardfj40 Formula 3

    Jun 17, 2004
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    One time, a friend asked me "How's Christie doing?"....I didn't get it until he explained to me:

    http://www.youtube.com/watch?v=lz-z_TeJObU
     

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