ORIGINAL PURCHASE PRICE OF 308 | Page 2 | FerrariChat

ORIGINAL PURCHASE PRICE OF 308

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

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  1. 308tr6

    308tr6 Formula Junior

    Dec 23, 2003
    466
    SDakota
    Full Name:
    Rico
    In the last issue of Grassroots Motorsports (May 2004) there is an article about old cars vs new cars where they do dollar comparisons to various years. In particular the article was a comparison of old 240z to new 350z (datsun/nissan). Anyway they state that a 1970 240z which stickered at $3526 would now be worth $17287. I know that isn't the exact time frame you are looking at, but it translates into 14.4% per year (not compounding). So using that logic a car that stickered at 41k in 1978 dollars would be about $153K (assuming my math is right).

    If you don't get the magazine, it is a pretty good source for the do it yourselfer types.
     
  2. Smiles

    Smiles F1 World Champ
    Lifetime Rossa Owner

    Nov 20, 2003
    16,675
    Pittsburgh, PA
    Full Name:
    Matt F
    Here's a helpful inflation calculator:
    http://www.westegg.com/inflation/

    A 1981 308 GTSi that stickered at $53,385 would be worth about $112,000 in today's money.

    My 1967 330 2+2 stickered at $14,200, which was actually $300 MORE than a 275 GTB, and would be around $76,000 today.

    Just remember, in 1963 a SWB California Spider was $12,900. That's less than $74,000 today. How much are they worth today?

    --Matt
     
  3. Peter

    Peter F1 Veteran
    Owner

    Dec 21, 2000
    6,441
    B.C., Canada
    (sorry for straying off-topic in this "price" thread)

    No, I had only certain areas painted, but thinking of it now, I'd say 70% of the car was repainted: whole front nose (plus the dent fixed), trunklid, rear fenders plus the matt-black Boxer trim all around the lower half of the car.

    Actually, I just got in touch with the shop and it looks like it'll be ready on Monday. They'll take all day tomorrow to reassemble the parts they removed for the job.

    I'll post in a separate thread the amount of work done (hours and price).
     
  4. Spasso

    Spasso F1 World Champ

    Feb 16, 2003
    14,656
    The fabulous PNW
    Full Name:
    Han Solo
    Thanks for posting the calculator. Very handy.

    Looking forward to seeing your car Peter!
     
  5. Mule

    Mule F1 Rookie
    Owner Rossa Subscribed

    Jun 25, 2003
    3,758
    Alaska
    Full Name:
    Mule
    I wonder why such a huge difference. $21K or 33% more?
     
  6. Peter

    Peter F1 Veteran
    Owner

    Dec 21, 2000
    6,441
    B.C., Canada
    Ha ha, so am I! :)
     
  7. don_xvi

    don_xvi F1 Rookie

    Nov 1, 2003
    2,934
    Outside Detroit
    Full Name:
    Don the 16th
    1978 308 GTS from Grand Prix SSR Co, East Setauket NY

    Price of Vehicle 32,200.00
    Optional Equip --
    Accessories:
    Fox XK Radar Detector 250.00
    Blau Berlin AM/FM
    Cassette Recorder 1300.00
    2 Craig Powerplay Speaks 75.00
    Pair of Floor Mats 30.00
    RHS Mirror (installed) 25.00
    Shift knob NC

    Total 33,880.00

    Less trade-in of 77 Corvette: 7,700
     
  8. Jdubbya

    Jdubbya The $10 Trillion Man
    Silver Subscribed

    Dec 28, 2003
    43,601
    Hell's waiting room
    Full Name:
    John
    DJ,
    Check out this website...http://www.westegg.com/inflation/ It's pretty cool to look stuff up and see what it would cost today.
    To answer the question though it's about $117,032 in 2002 dollars.


    OOPS- didn't see the info was already posted!!
     
  9. Spasso

    Spasso F1 World Champ

    Feb 16, 2003
    14,656
    The fabulous PNW
    Full Name:
    Han Solo
    Thanks guys.
     

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