News

Which Ferraris have you sold for more than you paid?

Discussion in '308/328' started by Aircon, Feb 14, 2021.

  1. Aircon

    Aircon Eight Time F1 World Champ

    Jun 23, 2003
    88,586
    Melbourne, Australia
    Full Name:
    Peter
    308GTB
    BB512
    308GT4
    328GTB

    all other cars I've owned (all brands) I've lost so much money on that the money I made on those 3 fades into insignificance.
     
  2. To remove this ad click here.

  3. mike996

    mike996 F1 Veteran

    Jun 14, 2008
    5,817
    TX//Mexico/UK
    Full Name:
    Mike 996
    "Sold for more than you paid" Do you mean adjusted for inflation or simply the amount of dollars (or whatever currency)? I've sold several cars for more than I paid as far as the amount of dollars but if you figure in the inflation, I've never sold any for more than I paid. :(
     
  4. lm2504me

    lm2504me Formula Junior
    Silver Subscribed

    Aug 26, 2004
    756
    Nipomo, CA
    Full Name:
    Richard
    #3 lm2504me, Feb 14, 2021
    Last edited: Feb 14, 2021
    All sold for more than I paid.
    I only kept each for 2 years or less:
    246GT
    Testarossa 1987
    Fiat Dino Spider (2)
    Fiat Dino Coupe (2)
    Jaguar Xk140 FHC
    Abarth Record Monza 59
    Alfa Duetto Spider 66
    308GTB 76 79
    308GTS 83
    365GTC4 72
    Alfa Spider Veloce 60
    Porsche 911E. 73
    Iso Rivolta
    Maserati Bora
    I only had a loss on a 79 308 GTS with well hidden damage in doors and frame.
     
  5. Brian Harper

    Brian Harper F1 Rookie
    Owner

    Feb 17, 2006
    3,866
    San Jose area
    Full Name:
    Brian Harper
    I sold my GT4 for more than I paid for it. If you figure in parts I bought getting it roadworthy then I probably broke even. If you assign any dollar value to my labor then it was a massive money loser.

    I'm probably on the same track for my QV as well.
     
    2dinos likes this.
  6. Portofino

    Portofino Karting

    Sep 17, 2011
    228
    Yorkshire UK / Switzerland/ Cote d Azur
    Full Name:
    Portofino
    86 Testarossa
    2001 360 .
     
  7. To remove this ad click here.

  8. BrockBenson

    BrockBenson Karting

    Oct 18, 2018
    138
    Australia
    Are you also including repairs and maintenance done during ownership? Lots of people make lots of claims regarding how much they made on cars, but conveniently forgot to mention what they spent during ownership. :)
     
    rocket50 and spirot like this.
  9. Aircon

    Aircon Eight Time F1 World Champ

    Jun 23, 2003
    88,586
    Melbourne, Australia
    Full Name:
    Peter
    No... Just purchase price v selling price.
     
  10. HOF Ferrari

    HOF Ferrari Formula 3
    Silver Subscribed

    Nov 22, 2007
    1,576
    Canton, Ohio
    Full Name:
    AFG
    Paid $95k for my '91 Testarossa... and sold it at Mecum for $130k (netted $117k),
    lost $$$ on my 2004 360 spider,
    and haven't sold my "87 328GTS yet.
     
  11. spirot

    spirot F1 World Champ
    Rossa Subscribed

    Dec 12, 2005
    13,056
    Atlanta
    Full Name:
    Tom Spiro
    I agree. My first 308 I purchased for $32K sold for $35K... but I probably had another $30K of Mtns over 15 years... that includes a full engine rebuild by FOA... $17K..... so did I sell for more than I bought it yes, did I make a profit. no. but it was fun along the way.
     
  12. To remove this ad click here.

  13. GatorFL

    GatorFL Moderator
    Moderator Owner

    Nov 18, 2005
    13,385
    Wellington, FL
    Full Name:
    Duane
  14. Meister

    Meister F1 Veteran
    Silver Subscribed

    Apr 27, 2001
    5,444
    Duluth, MN
    Full Name:
    The Meister
    then whats the point? its a meaningless reference point.

    I recently bought a car for $17K sold it for $25k sounds great except the tax, title, restoration, insurance, gas, etc was over $27k. So big deal, I bought it for $17k sold for $25k but int he end those numbers mean nothing.
     
  15. Aircon

    Aircon Eight Time F1 World Champ

    Jun 23, 2003
    88,586
    Melbourne, Australia
    Full Name:
    Peter
    There's no point... Don't overthink it.

    I actually didn't even mean to post it in this section lol
     
  16. Jdubbya

    Jdubbya Two Time F1 World Champ
    Silver Subscribed

    Dec 28, 2003
    25,021
    PNW
    Full Name:
    John
    I used to joke when I owned my 308 that I could sell it tomorrow for what I originally paid for it. I paid $20k for it. I could have sold it pretty much any time after buying it for that very easily. I ended up selling it about 12 years later for $42.5K. So yes, I sold it for a lot more than I paid for it. But like others have mentioned I put a LOT of money into it in those 12 years, somewhere around or even north of $30k. So I didn't make money selling the car. BUT....I also had a huge bunch of parts I'd collected over those years (that didn't go with or belong with the car). Once I sold all of that off I probably just about broke even on the total cost. Not counting my time of course, it was my hobby working on it.
     
  17. rob lay

    rob lay Administrator
    Staff Member Admin Social Subscribed Miami 2018 Owner

    Dec 1, 2000
    52,325
    Southlake, TX
    Full Name:
    Rob Lay
    Sold for More:

    1986 328 GTS
    1995 355 Challenge

    Sold for Little Less:

    2013 California 30
    2015 Porsche GT3

    Sold for a Lot Less:

    2017 California T
     

Share This Page