Will the 308 (ever) become the next Dino??$$$$

Given all that has been discussed, I think the safe answer is...

No

-F

 

Well said.

 

As someone has already mentioned the plan to: "ban the sale of petrol/diesel engines in the UK from 2040", let Me clarify that statement:

It has been announced that the UK Government will ban the sale of new petrol and diesel cars from 2040, but they have made an exception for hybrid cars, sales of which will still be allowed (and by 2040, I'd be amazed if any manufacturer still made a car without hybrid technology on board!).

It will also still be perfectly legal to own, buy, and sell old petrol/diesel cars in the UK (although sooner or later, they will start to be taxed to such a stupid level that they will make little sense to own!).


The USA can bury their heads in the sand and continue with purely gas powered cars all they want, but the rest of the World is determined to move on and switch to either Hybrid or all electric powered cars in the future.

The US market is a big, important market for just about all of the major manufacturers, but the rest of the World is an even bigger market for them, and so none of them can afford to ignore the hybrid/electric car revolution.

As for the 308 becoming the next Dino:

I'd say they will be sought after more than most models as they are a definitive classic Ferrari design - But, I don't think they will ever reach the sort of prices that the 206/246 Dino's do, purely due to how many cars were made.

 

It's not burying our heads in the sands at all. The only oil and gas you guys have is the North Sea that is in decline. In the USA we continue to find new oil and gas fields daily and we have an entire infrastructure built to move the product to market. You guys are moving to electric and hybrid because you have to.

 

Completely correct. The majority of young kids don't have passion for these cars. Speculation is just that. Twenty years from now the hotly desired cars that appeal to the present buyers might not give much of a damn about them.

 

The 308 GT4 is a Dino.

 

Barely

 

Imagine how much fun it would be driving a 308 watching all the autonomous vehicles creeping around the planet.

I think the Dino will reach a plateau,then the Vetro /Carb/QV may eventually catch up to within striking distance but it will take quite awhile 5+ years.

 

The majority of kids never had the passion, it was always a minority. Now the majority has no inetrest in cars other than as appliances and later in life as status signifiers.

But make no mistake 30% of kids are total gearheads and always were.

I also wonder what percentage of current ferrari owners were gearheads when they were young. Seems like many new and some older cars are status purchases for those who have "made it" like art a yacht or a big house.

One can also make the generational arguement. Ie peopel buy the car that appealed when they were kids, which bodes well frot he 308. The genrational arguement explaind current model A prices, it does not explain old bugatti or duesenberg prices, cars built before the owners were born. Quality special cars are always coveted and desired regardless of era, that bodes very well for the 308..

 

But the 308 GTB is a "Dino", too: the first two prototypes were still badged "Dino" when they were tested on the roads, there are known pictures of this in the period press, notably german.
They were only badged "Ferraris" when the lukewarm GT4 sales suggested to change the badge...

Rgds

 

I'm aware of this. For the purposes of this thread, Dino, means the variety that cost 300k. Not the one that's 30k.
Not being ******, just clarifying.

 

Yes, of course. Wish the 308s were 30k here...even with a market which is lukewarm to say the least, a good QV is 80k€, a carbed GTB is still 90-100...

To answer: no, the 308 will not be the next "Dino"; if it was destined to be, we would know it already by now.

Rgds

 

What appears obvious to you and I...

 

I checked the very small number of press cuttings that I keep, and there was one from 2001 from "Sport-Auto", the french reference magazine for sports cars, in which the "Dino" was given as for 55.000 to 60.000 euros, saying that if you want one, do not wait any longer, or it will get out of reach very soon. .

Considering that the "Dino" production stopped in 1974, 2001 was 27 years later; in 2006, it was already flirting with the 100.000 euros and climbing: this was 32 years after the end of production.

The 308 production stopped in 1985; 27 years later was 2012; 32 years later is now. QVs are at "about 80 to 90 k€" and not selling (True, nothing seems to sell right now, the market is wobbling between stability or decrease, buyers are waiting, sellers are not selling).

Let's take the rarest of the breed, the glass 308, or "Vetroresina" to us europeans (meaning glassfiber in Italian): 808 were built (not 712, but 808 indeed) from 1975 to 1977. That is much less than the 3600 Dinos; the "Vetroresina" is the "blue chip" of the 308 family, and these are not reaching the same levels, even now; 40 years after the last one left the production chain.

Many of us like to think that history repeats itself, which is true from time to time, but it does not always repat itself for all facts (otherwise life will be a kind of permanent "Groundhog day"...) some change of events will remain unique.
Many things have changed in the "car environment" between 2007 and 2017, so, no, I don't think there will be another "Dino", and I don't think the 308 will become the new "Dino", we would now already: we would already be seing "Vetroresinas" at about 350.000 euros right now. But they sell for about half that price.

That being said, a 308 is still a wonderfull mistress to have in the garage, and to drive. So who cares?

Rgds

 

I think the right answer is in 10, 15 years they will be worth decent money but not Dino money.
It baffles me what old 911s go for and they made a boat load of those.
So why these wouldn't go up also is hard to figure.

One thing I do know is I love my 328 and every time I take it out people comment on it, thumbs up etc.
I sold my 308 in 2006 and can honestly say I don't think from then to now I've seen another one on the road.

 

The Alfa Romeo GTA will be the next Dino, IMHO.

 

dispite the age factor and rarity, the Glass 308 is being held back by the fact that you can get another 308 for a fraction of the price of a Glass car. The car will be just as beautiful and just as much fun. The same can't be said of the Dino. There isn't a lower priced substitute. If you want the characteristics the Dino offers, you have to buy a Dino.

308s have come a long way during the last run up. When the next run comes, they will do just fine, and the Glass cars will lead the pack. But, they will always trail the Dino. It's the order of the Universe.

 

Rarity & numbers is usually a good key to values, but it doesn't always work with certainty: one very famous counter-example (from the french "contre-exemple": something that proves that, in some cases, the theory works on the reverse of what it should prove) is the E-Type Jaguar; they manufactured about 75.000 of those, and it is holding its value very well.

Rgds

 

Here you are, Santiago (as a small aside, an not to derail the thread: did you enjoy your trip to Paris three weeks ago?)

Rgds

 

Yes but if they had only made 1000 etypes ever, then that car would be approaching $1million.

 

In the first car price runup in the 80s dinos hit about 140k, so they had already shown their star power.

Looking at it another way, v12 enzo ferrari cars have all flown the coop, and 20-30 years ago there were many cheap ropey ones. Its unlikely that a post 1975 mass porduced ferrari will runup the same way, maybe a 365 boxer but thats about it.

Dinos to me are signpost for how some special post 75 ferraris can perform. Were talking 308s boxer Trs and 355s, maybe 550's. Its quite possible as history rhymes but does not repeat that boxers and Trs can pass dinos in price, 308s will always trail.

however the lager point is 308 series cars can easily become 175-400k cars(depeding on series) simply becasue they are just astheticaly and experientialy that good and special.

 

Perhaps, yes...or not: after all, who knows? I usually don't try to know what might/could have happened: it is what it is (or, as we say in french: "if my aunt got some, then she would be my uncle").

And as it is, still at 75.000 examples, and whatever the price/value, it remains a beautiful car (although I have to say that I personally prefer the roadster over the coupé).
Just as the 246 remains a beautiful car (for that one, it is the other way around, I prefer the coupé). Whatever its price/value, it's still one of the prettiest thing on wheels.

(By the way, why is it that Ferrari / Pinifarina has lost the touch ith the design of its cars after the 355/550 generation? but that's another debate)

Rgds

 

It was wonderful! Again, thanks a lot for your tips.

 

Here we come back to a question of figures:
- in 1975, Ferrari had produced about 8.500 road cars in its entire history (from 1947) to which we have to add about 3.600 Dinos and 1.000 GT4s so far: grand total of production in 1975 since 1947: 13.100 cars in about thirty years. .
- in 2017, we have already passed the 200.000 mark...or 187.000 cars in the years since 1975.

"not the same thing anymore"....

Rgds

 

I think about how the young people are told that they will change careers 7-10 times before the age of 40 (or whatever the number is now) and think to myself...What kind of idiot would get into a car that was anything more than a simple appliance? Seriously!