ORIGINAL PURCHASE PRICE OF 308 | FerrariChat

ORIGINAL PURCHASE PRICE OF 308

Discussion in '308/328' started by Spasso, Apr 25, 2004.

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  1. Spasso

    Spasso F1 World Champ

    Feb 16, 2003
    14,656
    The fabulous PNW
    Full Name:
    Han Solo
    I once knew a site that listed the original sale prices of all of the Ferrari models when new.
    The one in question is my '78 308 GTS. I found on one site the price new at 43k but can't confirm the number. My searches have been rather futile.
    Any gurus?

    Thanks,
     
  2. funshipone

    funshipone Formula Junior

    Jan 2, 2002
    618
    Harrison Twp. Mi. US
    Full Name:
    John Bicsak
    I have a copy of invoice says $60,695.00 plus Destination charge of $520.00 =$61,215.00 for 1984 308 GTS
     
  3. Spasso

    Spasso F1 World Champ

    Feb 16, 2003
    14,656
    The fabulous PNW
    Full Name:
    Han Solo
    Thanks John.
    A 1984 would make it a QV and a 6 year spread. Quite a price jump from a carbed 2 valve. Sounds about right though from what I have seen.
     
  4. Bryan

    Bryan Formula 3

  5. Tifosi1

    Tifosi1 Formula 3

    Feb 17, 2002
    1,560
    Pearl River, LA
    Full Name:
    Kelly J. Vince
    The orginial Window sticker on my 1980 308 GTSi is $53,350.00.
    purchased from Ferrari of the South in Jackson, MS by a Carol Harris out of Baton Rouge, LA

    Kelly
     
  6. Steve Magnusson

    Steve Magnusson Two Time F1 World Champ
    Lifetime Rossa

    Jan 11, 2001
    26,784
    30°30'40" N 97°35'41" W (Texas)
    Full Name:
    Steve Magnusson
    I recall that in a letter to Ferrari of Monterrey (complaining about some service issues) that the original owner of my ex-308GTS ('78) mentioned the purchase price as $43K which matches that FCA-NWR data fairly well.

    Interesting to note the significant premium that GTS had over GTB in those days...
     
  7. Mule

    Mule F1 Rookie
    Owner Rossa Subscribed

    Jun 25, 2003
    3,758
    Alaska
    Full Name:
    Mule
    That site shows an 89 328 GTS from $73K to $84K, but I have my sticker that shows $63K with destination charges. I wonder how they got some of those numbers. $20K difference?
     
  8. Spasso

    Spasso F1 World Champ

    Feb 16, 2003
    14,656
    The fabulous PNW
    Full Name:
    Han Solo
    Man I really feel stupid!
    Now I know where I saw the price of my 308 before! www.ferrariclub.com. MY OWN CHAPTER WEBSITE! SHEEEEZZZZZZ.

    I find interesting that the price of the GTB went up 10k from '78 to '79 and there is no listing at all for a '78 GTS. Did thay show up late in '78? Mine has a November '78 date on it.

    Thanks for all the help everybody!
     
  9. Peter

    Peter F1 Veteran
    Owner

    Dec 21, 2000
    6,440
    B.C., Canada
    DJ, the bill-of-sale for my car, new, sold in '76 for $22000.
     
  10. Spasso

    Spasso F1 World Champ

    Feb 16, 2003
    14,656
    The fabulous PNW
    Full Name:
    Han Solo
    Hi Peter,
    How goes it? Are you done with your car yet?
    The site shows a '76 GT4 selling for 22,600 to 24,900.
     
  11. Peter

    Peter F1 Veteran
    Owner

    Dec 21, 2000
    6,440
    B.C., Canada
    I phoned the body shop about an hour ago. The car is already in the booth being painted. I should be back behind the wheel by the end of the week.
     
  12. enjoythemusic

    enjoythemusic F1 World Champ

    Apr 20, 2002
    10,676
    Worldwide
    Full Name:
    Steven
    Speaking of window sticker...

    Does anyone have one (or copy) for a 1985 Euro GTS QV?
     
  13. pcelenta

    pcelenta Karting

    Nov 1, 2003
    216
    my dealer invoice for my 78 308 is as follows:

    308 gts P.O.E. $35,000
    freight & prep: $ 350.00
    am/fm stereo: $150.00 (blaupunkt)

    total: $35,500

    discount: $4000

    sale price: $31,500

    Imagine that! a $4000 discount from the dealer on a Ferrari...unheard of now.
     
  14. 1975gt4don

    1975gt4don Formula Junior

    Nov 5, 2003
    665
    Peoples Rep of CA
    Full Name:
    Smog Exempt
    Peter, congrats! Did you have the entire car repainted? I am amazed at how fast yours is getting done. Mine is going on almost 4 months, but had alot of rust cut out. FYI: mine sold for $24,400 in 1977. (sat 2 years on showroom floor).


     
  15. Spasso

    Spasso F1 World Champ

    Feb 16, 2003
    14,656
    The fabulous PNW
    Full Name:
    Han Solo
    They probably got the numbers from Hollywood or Long Island.
     
  16. Spasso

    Spasso F1 World Champ

    Feb 16, 2003
    14,656
    The fabulous PNW
    Full Name:
    Han Solo
    Cool! Must be pretty exciting!..........................so I guess the moose antlers are coming off this time?
     
  17. Spasso

    Spasso F1 World Champ

    Feb 16, 2003
    14,656
    The fabulous PNW
    Full Name:
    Han Solo
    Was this in 1978? What color car? What part of the country?

    Just trying to find accuracy here.
     
  18. Spasso

    Spasso F1 World Champ

    Feb 16, 2003
    14,656
    The fabulous PNW
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    Han Solo
    Yeah yeah, I know, lots of questions.....................

    Last one, So how does 41k in 1978 dollars translate into today's dollars?
     
  19. pcelenta

    pcelenta Karting

    Nov 1, 2003
    216
    purchased new 4/18/78 arlington, Va through Heishmans porsche-audi (before the dealer network was really set up)

    car is black/black Feb 78 manufacture.

    just as an fyi: prices went up around 10k in 1979 and then another 10k in 1980 with the injected cars. 79's were around 45k and the "i" cars I think were around 56k. I'm not sure if this was due to demand for the cars or a decrease in the value of the US dollar.
     
  20. Spasso

    Spasso F1 World Champ

    Feb 16, 2003
    14,656
    The fabulous PNW
    Full Name:
    Han Solo
    Thanks P,
    That explains the price surge of the GTB's as well. I think demand and a devalued dollar combined to raise the price.

    Can anybody tell me how to determine the value of today's dollar to a 1978 dollar?

    Thank You!
     
  21. Spasso

    Spasso F1 World Champ

    Feb 16, 2003
    14,656
    The fabulous PNW
    Full Name:
    Han Solo
  22. pcelenta

    pcelenta Karting

    Nov 1, 2003
    216
    I would venture to say that you can assume 4-4.5% average inflation per year. At 4.5% its about $85,000
     
  23. Spasso

    Spasso F1 World Champ

    Feb 16, 2003
    14,656
    The fabulous PNW
    Full Name:
    Han Solo
    Thank You.
    DJ
     
  24. AJS328

    AJS328 F1 Veteran
    Owner

    Apr 23, 2003
    7,520
    New Jersey
    Full Name:
    Augustine Staino
    The sticker for my '89 from Newport Imports was $84k and change.
     
  25. Neals

    Neals Rookie

    Jan 15, 2004
    5
    Hong Kong/UK
    Full Name:
    Neal Stow
    I have a guide to Ferrari Road Cars issued by Ferrari UK which covers all cars from 1960 to 2000. It says the 308 GTS was launched in 1978 at a price in the UK of GBP15,499. Total production was 3,219 of which 184 were RHD.
     

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