Was at an auction saturday and they | FerrariChat

Was at an auction saturday and they

Discussion in 'Ferrari Discussion (not model specific)' started by lotustt, Jun 16, 2008.

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  1. lotustt

    lotustt Formula 3

    Aug 28, 2002
    2,026
    Full Name:
    TRM
    started the bidding on an 88 328 gts at $200,000!! lol and kept trying for about a minute. I was dumbfounded. Then they finally went down to 190,180,175,140,120,100, 50 and at 50 they somehow found a couple of bidders. The car was in ok condition. Do not remember the miles. Might have just had a service. Interior showing signs of wearing. Body did appear straight. The bidding finally ended up at $86 grand! and yet even that was a no sale, the car had a reserve! What their reserve was is also mindblowing. I could not believe it. I think thats crazy, but hey its a nice car and all but not up to that level. But maybe you guys with the 328's will start getting some real nice appreciation that you did not really expect?
     
  2. 62 250 GTO

    62 250 GTO F1 Veteran

    Jan 9, 2004
    7,765
    Nova Scotia Canada
    Full Name:
    Neil
    Perhaps the seller was just "fishing" the car to see if he could get 360 money for it.
     
  3. Buzz48317

    Buzz48317 F1 Rookie

    Dec 5, 2005
    2,862
    Shelby Twp., MI
    Full Name:
    Michael
    from the sounds of it he almost did
     
  4. Modeler

    Modeler F1 Veteran

    May 19, 2008
    7,330
    State of confusion
    Full Name:
    a.n.other
    Have been wondering if the US$ slide will translate into higher prices across the F-car range.
    If the new cars blow out folks may retarget their choices and demand increase 2nd hand values.

    Might all be offset by reduced demand during an economic down-turn. I don't know.
    Will be interesting to see though.

    Old chinese curse - May you live in interesting times.
     
  5. lotustt

    lotustt Formula 3

    Aug 28, 2002
    2,026
    Full Name:
    TRM
    I do not know if they car sold later on after the block but the guy should of taken the 86 and ran away giddy that he got that lucky.
     
  6. 2NA

    2NA F1 World Champ
    Consultant Owner Professional Ferrari Technician

    Dec 29, 2006
    18,221
    Twin Cities
    Full Name:
    Tim Keseluk
    Crazy money for a 328 :eek:
     
  7. dwhite

    dwhite F1 Rookie

    Maybe it was Enzo's car and it was not disclosed. You never know, in 2 years we may all say "wow remember when you thought 86 grand was a lot for a 328".

    My new motto "There is a bubble starting somewhere and I'm looking for it before it pops"
     
  8. f308jack

    f308jack F1 Rookie

    Jun 7, 2007
    4,300
    Cape Town, South Afr
    Full Name:
    Jack Verschuur
    3X8's are dirt-cheap in the US. Not so strange, most of the produced cars are there, and the average condition not very good. Over here in South Africa they are a sought after and relatively rare commodity, and the auction price is about the going rate for a real good 328.
     

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