What would you guys do??? 1980 308 GTBi 4,000 miles | FerrariChat
Buy

What would you guys do??? 1980 308 GTBi 4,000 miles

Discussion in '308/328' started by srq308, Oct 24, 2013.

This site may earn a commission from merchant affiliate links, including eBay, Amazon, Skimlinks, and others.

  1. srq308

    srq308 Rookie

    Jun 27, 2011
    16
    #1 srq308, Oct 24, 2013
    Two years ago I was picking up one of my cars from service at Bentley/Rolls Royce in Tampa FL and spotted a 308 in the used car lot. Car was a time capsule. Still shiny paint and beautiful interior. Red/Black. I looked at the dash and I saw that it had only 3,000 miles on it. I inquired about the car and the manager at the dealership, which I know very well discouraged me from buying the car due to it's deferred maintenance. In any case I had to have and I took it home with me. I thought it would need a major and couple other minor things....

    Long story short is that I spent about $16,000 to straighten the car out mechanically.(It's not even the money that bothers me as much as it is the inconvenience and time involved). I don't get to drive it often due to other choices in the garage. Even though I put 1,000 miles on it in two years which is a quarter of it's total usage in 33 years.

    I am moving back to NY and took my favorite two cars with me from FL. My FF and Rolls Royce Phantom. I kept the 308 in FL and I am driving it now even less. The car deteriorated once already from not using it and I don't want that to happen again. All my cars are driven almost daily except the 308, mostly because I can't get my two kids in it and I am always worried about getting stuck with it. Which as you can imagine happened more then once to me.

    What to do?

    Sell it? If so, I want around 45k for it? Reasonable?

    Put it away in storage (properly)? Where in FL in NY?

    Any suggestions would be greatly appreciated.

    Thanks.
     
  2. Dr Tommy Cosgrove

    Dr Tommy Cosgrove Three Time F1 World Champ
    Owner Rossa Subscribed

    May 4, 2001
    36,461
    Birmingham, AL
    Full Name:
    Tommy
    #2 Dr Tommy Cosgrove, Oct 24, 2013
    This has been discussed a great deal here before. $45 is strong money for a 2Vi. I know it is really low miles but the next owner has to understand that for that money - he can never EVER drive it. As those miles add on the price falls and falls and falls. Why would someone want to pay $45,000 for a 1980 308, drive it several years and find out he can't even get $24,000 for it anymore because he just turned it into every other 1980 Bi out there.

    For 45K It has to be to a collector so good luck with that.

    If it were mine and I got $32,000 for it I would be all smiles.
     
  3. 4zaJim

    4zaJim Formula Junior

    May 15, 2012
    838
    Los Angeles
    Full Name:
    Jim
    #3 4zaJim, Oct 24, 2013
    any photos of the car?
     
  4. pappy.72

    pappy.72 Formula Junior

    Nov 13, 2010
    536
    Elgin, IL
    Full Name:
    Dave
    #4 pappy.72, Oct 25, 2013
    Put it up for $45K and see what happens. With those miles and condition I bet it sells close to that. Good luck. You could always sell the FF and drive the 308 more. Ha.
     
  5. Dr Tommy Cosgrove

    Dr Tommy Cosgrove Three Time F1 World Champ
    Owner Rossa Subscribed

    May 4, 2001
    36,461
    Birmingham, AL
    Full Name:
    Tommy
    #5 Dr Tommy Cosgrove, Oct 25, 2013
    I hope he gets it.
     
  6. VIZSLA

    VIZSLA Four Time F1 World Champ
    Owner

    Jan 11, 2008
    41,692
    Sarasota
    Full Name:
    David
    #6 VIZSLA, Oct 25, 2013
    I'm assuming that you're from Sarasota given your screen name. I'll be glad to give her sufficent excersing while you're up north.
    ;)
     
  7. srq308

    srq308 Rookie

    Jun 27, 2011
    16
    #7 srq308, Oct 25, 2013
    I will post some picks of the car...Have them on another computer.
     
  8. srq308

    srq308 Rookie

    Jun 27, 2011
    16
    #8 srq308, Oct 25, 2013
    She does need exercising, but tends to get sick after any meaningful workout :)
     
  9. spirot

    spirot F1 World Champ

    Dec 12, 2005
    15,141
    Atlanta
    Full Name:
    Tom Spiro
    #9 spirot, Oct 25, 2013
    Or - you can park it in my garage here in Atlanta and I'll exercise it and care for it .... no charge.
     
  10. Ferraripilot

    Ferraripilot F1 World Champ
    Owner Project Master

    May 10, 2006
    17,862
    Atlanta
    Full Name:
    John!
    #10 Ferraripilot, Oct 25, 2013
    with that kind of mileage, see what it does at $45k. Someone may get impulsive with such a find
     
  11. miketuason

    miketuason F1 World Champ
    Owner Silver Subscribed

    Feb 24, 2006
    15,814
    Cerritos, CA.
    Full Name:
    Mike
    #11 miketuason, Oct 25, 2013
    Do sell it for $45K, this could be the start of our car pricing going north.
     
  12. Tire Fryer

    Tire Fryer Karting

    Feb 18, 2013
    154
    Farmers Branch, TX
    Full Name:
    Christopher Williams
    #12 Tire Fryer, Oct 25, 2013
    As a fellow 1980 GTBi owner, I sincerely hope you get $45k as well.
     
  13. VIZSLA

    VIZSLA Four Time F1 World Champ
    Owner

    Jan 11, 2008
    41,692
    Sarasota
    Full Name:
    David
    #13 VIZSLA, Oct 25, 2013
    Not to worry. I have extensive experience with high strung beauties
    ;)
     
  14. Todd308TR

    Todd308TR F1 World Champ

    Nov 25, 2010
    11,074
    LA
    Full Name:
    Todd
    #14 Todd308TR, Oct 25, 2013
    In the past year I've seen two low mileage QVs go for the mid 40s, so who knows.
     
  15. Bullfighter

    Bullfighter Two Time F1 World Champ
    Lifetime Rossa Owner

    Jan 26, 2005
    22,600
    Gates Mills, Ohio
    Full Name:
    Jon
    #15 Bullfighter, Oct 25, 2013
    True, but it's funny reading this because everyone who dropped $45K on a "normal" new car this year will be lucky to get $24K for it in a couple of years.

    Plus the OP has an FF, which is probably losing more value every month than the 308 will lose with another 10K miles added to the odometer over the next couple of years.

    I hope someone buys and drives this car. Ridiculous...
     
  16. buzzpics

    buzzpics Formula Junior

    Jul 22, 2013
    712
    Frisco Tx
    #16 buzzpics, Oct 25, 2013
    You wont get $45k if you don't ask. Besides, I've found if you ask high, you will turn away the dreamers, and really only get bugged by the people that have the money and the ambition to purchase such a thing. So, put the car up a little higher than you would be willing to sell for, and if it sells, it sells. In the mean time, enjoy it a little.
     
  17. srq308

    srq308 Rookie

    Jun 27, 2011
    16
    #17 srq308, Oct 25, 2013
    Bullfighter is correct. The money lost on FF is a different story altogether.

    Call me crazy, but my 308 is more special in my opinion then the FF. You can go online or to a dealer and find a similar FF and get a good deal on it. But to find an all stock, low mileage 308 is more difficult.
     

Share This Page