Hey fat tire, I just thought it interesting...I hope you get yours soon... I wanted to get a 348 spider and it now seems there's some crossing over with 348 prices dropping and 328 prices rising. I don't know if the prices of 328s will follow the 246 market? A few years back you could get one( 246 Dino) for less than $ 100,000.00.....now, not so much...
If it sells at this price you can view it as a possible market rise, but a asking price is only a asking price. My early steel non cat 1977 308GTB is for sale. No books, no history, no Tools, no spare, non original rosso corsa color, engine is out and partially apart for refresh, for sale as is for $65000 firm. If you're a buyer let me know. I'll sell. ;-)
Can't believe any self-respecting middle-east person would be seen in such an outdated and inexpensive car. I was in London last week and there were a bunch of middle-east plated cars running around Mayfair. The most inexpensive one was a Maybach; there were several Bugatti Veryons. The local dealer down the street had Bugs in stock for 1.6 million Euros and a white-robed guy had just paid cash for one. I only saw one Ferrari, a silver 458, but in that company it looked much like the plain girl that nobody wanted to dance with. Funny how "relativity" plays a big part in things. BMWs, Mercs, and Bentleys were everywhere. I think they are used to ferry people out to their GOOD cars. Admittedly, the vehicular scene would probably be a bit different in Stepney...
"My early steel non cat 1977 308GTB is for sale." "Is it a euro glass ?" I'm guessing the answer is, "no."
I don't/didn't follow the reason for the relatively quick rise in 246 prices ( they were $ 90,000.00 one day and the next they were $ 300,000.00...I know it's been touted as one of the most beautiful cars ever produced..and I do agree that it's among the top 10. My question is, did the cost of replacement parts escalate before the quick rise in prices. I have noticed an increase in cost of replacement parts for the 328 in the past few years....fog lights, for example, are $ 1,200.00 to $ 2,000.00 per side? I almost dread driving mine for fear of cracking one. The 328 has been know to be one of the most reliable Ferrari's ever produced...is this maybe the reason for the appreciation??
The answer is definetely NO. That was just a non-sens exemple of ad someone can post for their car. My car has nowhere near that value and it's not for sale anyway. But BIG RED if you want it for $65K it's all yours ;-)
Selling prices determine the market, not asking prices. As for the 246 I talked to a Ferrari specialist about how I thought the car was grossly overvalued. He disagreed. He tought the 246 was market correct and the 328 was grossly under valued. Maybe he's correct.
My Euro 84 QV has similar issues on the completeness. I think I would part with it right now for $44k. But if prices were to rise, that might change. *edit* As for the original post, that is a super low mileage (possibly) ABS car. I think hes a little high, but in terms of 328 prices, I think they will get in the upper range of what those sell for...assuming it has the ABS
God you guys are making me sweat. I was in the market to buy recently and decided to pay off school debt and buy a ducati to hold me over. Now I'm regretting it. I keep seeing threads talking about appreciation. I think they are undervalued. Now they are getting in the 30yr window when cars that are going to be worth something begin to appreciate fast.
Part of a cars value is determined by what else you can get for the money. As much as I love them there are many more cars I'd prefer at that price point.
I dissagree. If the 328 was worth more, they would sell for more. It is really just that simple. (not that I wouldn't love to see the $ go through the roof on 3X8's since one is parked in my garage)
I think they will boom shortly. My generation is starting to come into disposable money. Those that do well will be buying the things they saw as icons as a child. The 3x8 was one, the Testarossa was another. The 80s Trans Ams/Buick GN are (unfortunately) something else my generation looked upon fondly during their childhood.
I don't own a 3x8, however as one who spends a fair amount of time and money engineering new ways to improve the performance and reliability of the engine. I'll say that the values need to climb and should be above the 100k mark, a std. engine rebuild will cost more then what the current value of these models is, and that's provided you start with a clean and maintained example, take one that has been hacked on over the yrs and parts sourcing and availability will take that cost and drive it waaaaay up! it's getting that real soon, in the very near future restoring a 3x8 to factory specs will be exceedingly difficult and massively expensive. recently it seems that there is more talk about the values on these models, asking prices are starting to go up, just a quick nod and I'm sure it'll jump fast. I wonder though, when the dust settles how many will have been stripped for parts hoarding and resale? I also think the TR is going to jump too. another one, the GT4, how many up for sale? that'll be real interesting as the drive train is early 308....
It wasn't long ago that the V12 2+2s were "uneconomical" to restore. But some owners did the work anyway. I don't think that they were counting on cashing in but did the work out of love of the cars. I've just bought a GT4 and by the time I do the minor work needed I'll have more in it than the car's worth to the market but less than its worth to me.
Nothing really other than them exceeding the value that Im willing to pay for one. a 1978 "smokey and the bandit" SE WS6 car to me wont ever be more than a $15k car. Now people are starting to ask prices in the $36k range for a nicely restored one. The Buick GN to me isn't worth more than about $12k. I think I would personally pay more than $30k for a GNX (but some of those are breaking 80k now). All perspective I guess. The 3rd Gen F bodies were always a car you could pick up for $1k, go junkyard shopping with another $1k, and have a car that would run 12s. Then, if the motor blew, who cares? spend another 1k throwing together another SBC to take some nitrous and do it again.
36k is low for a real SE, especially a 77. I just bought a non SE 77 for kicks and that thing gets more comments than my Ferrari ever has, and I agree with you they aren't worth the asking prices. It's pretty sad that a TA gets more money than a GT4 and other 308's. I was going to paint it stickers, T-Top etc... Then I drove it.
Yep, that's about right. I am 45. Basically I bullseyed the 80's front to back - 1980 to 1990. Middle school (80-82) high school (82-86) and college (86-90) for me. I picked up my first C&D in 1981 and I was off... So those folks are now in their mid 40's. Perfect time to start looking for the cars that were on posters in our bedrooms when we were 15.
But let's be honest, the only thing about the 80's exotics that were for real were the looks. I know people in Hondas that will burn an 83 Lotus Esprit stop light to stop light. Don't want to even think about racing an Accord in my 308 QV... We did LOOK good though
