308/328 Values

[MitchT]

Andy 308GTB said:

£137,250

https://www.silverstoneauctions.com/1989-ferrari-3...

1,660 miles from new. I was meaning more the ones with 25k+ on the clock.

[Jex]

There's a 308 (GRP) and 328 GTS (with non-standard wheels) coming up at Monterey
www.pistonheads.com/news/general-pistonheads/rm-so...
not that that will tell us much about the UK market.

[POORCARDEALER]

328s looked to have softened price wise recently....i have been offered a few in the trade at lower money than 1 years ago

[Jex]

POORCARDEALER said:

328s looked to have softened price wise recently....i have been offered a few in the trade at lower money than 1 years ago

I think all of the V8s are on the way down at the moment - the 70th anniversary hasn't made people rush to buy Ferraris (to drive anyway)

[996Type]

What’s the consensus on the realistic price to pay for a 308 GTB carb car in usable but maybe not show condition? The classifieds are full of US listed cars that have become attractive based on the recent exchange rate shift.

[Rari]

996Type said:

What’s the consensus on the realistic price to pay for a 308 GTB carb car in usable but maybe not show condition? The classifieds are full of US listed cars that have become attractive based on the recent exchange rate shift.

£35-50k?....

[Jex]

Rari said:

996Type said:

What’s the consensus on the realistic price to pay for a 308 GTB carb car in usable but maybe not show condition? The classifieds are full of US listed cars that have become attractive based on the recent exchange rate shift.

£35-50k?....

Sounds about right to me (unless you are after a GRP one), but history and mileage are important and the better the history and the lower the mileage, the higher the price (but you probably know that). I thought about buying one, but the lack of ABS (see www.pistonheads.com/gassing/topic.asp?h=0&f=&a... put me off so I bought a 328 with ABS instead.

Edited by Jex on Monday 5th February 09:16

[996Type]

Thanks for that, I read your post on the ABS site and know what you mean.

The local police force once allowed a group of us onto the skid pan near Wakefield and recreated a jam using cones and allowed us to drive at them at around 30mph.

Without fail, we all smashed through the cones on first pass with the wheels locked up (abs had been deactivated).

Next round they told us to release the lock on the brakes, stab them a couple of times instead then release and steer left or right while pumping brakes. Eventually we all avoided the smash by driving round the back car by about half a length. It would take a lot though in an actual incicdent as your already out of space and time if your in that scenario.

If ever get a little snow, I always try and take the car to a car park and see how it holds up doing the same.

When the ABS modules went back in on the skid pan, the stopping distances reduced but the trick was still to release pressure and let the front wheels steer again as they rolled. Other main tip was when crossing a dual carriageway in those awful offside sanctuaries, don’t have the wheels turned into traffic ready to go as most shunts will push you into oncoming traffic. Keep the wheels facing forward until you make the manoeuvre as the same effect applies as above.

Back on topic, based on the classifieds and the consensus on prices, where are the best places to search? I’ve seen the prices soften this past year and more cars appear, but the classifieds are still hovering around £50K to £80K for the type of car I’m describing. Any thoughts?

[Jex]

996Type said:

Back on topic, based on the classifieds and the consensus on prices, where are the best places to search? I’ve seen the prices soften this past year and more cars appear, but the classifieds are still hovering around £50K to £80K for the type of car I’m describing. Any thoughts?

I got mine through Pistonheads after looking around for about 1 year. I bought it from a private buyer who advertised on PH, but I had a full inspection by a local (to him) Ferrari specialist, which cost a few hundred quid (I can't recall exactly how much). They told me what it needed, but that it was perfectly driveable. I collected it and took it to my local Ferrari specialist who did the work (about £2,500 I think) and it's been really good ever since, although after my first time on the track at Goodwood I needed a new clutch. I bought it about 6 years ago and its now worth about two and a half times what I payed for it. If I sold it today I would be in profit (but it's not for sale). As you would expect dealers charge more, but then you shouldn't need any extra work done, although I think I got the extra work done for less then the premium that the dealer would charge.

[996Type]

Thanks for that, a dealer I know had a 328 quite recently, around 3 years ago with very high mileage but for £27K. I’m sure the same car was then advertised in the high 70’s within months so I missed the boat. It looked immaculate, but I wasn’t brave enough! Even with the inflation of prices and the steadying it was probably a bargain that I passed on!!

[Jex]

996Type said:

Thanks for that, a dealer I know had a 328 quite recently, around 3 years ago with very high mileage but for £27K. I’m sure the same car was then advertised in the high 70’s within months so I missed the boat. It looked immaculate, but I wasn’t brave enough! Even with the inflation of prices and the steadying it was probably a bargain that I passed on!!

328 prices went up a lot in 2014/5 but generally haven't moved much since.

[996Type]

I think I saw the car mentioned on this forum, consensus was that 99K miles dictated the price and maybe best avoided.

I didn’t know enough about them to have a stab at that mileage, I know the dealer well and have bought before but they weren’t a specialist but are pretty straight talking.

I’d just sorted the car I would have needed to trade against it after 2 years of suspension upgrades / getting it just right etc and thought the market was more static. Not sure if it ever sold at triple the price I viewed or if it was a different vehicle but I should have taken the deal with hindsight.

[rob07]

996Type said:

What’s the consensus on the realistic price to pay for a 308 GTB carb car in usable but maybe not show condition? The classifieds are full of US listed cars that have become attractive based on the recent exchange rate shift.

For a RHD car I would say 40-70 k. There certainly are more cheaper cars out there than say 2 years ago but my advice is to know exactly what your buying so a thorough inspection is vital. Otherwise that cheap car will not end up cheap anymore. About 8 years ago I bought the best I could find and even though I paid top money at the time it has cost me very little since.

[nigelonich]

One owner from 1980: 76 Silver UK RHD 308 coupe with red interior and 80k miles. Loads of history and glass out paint job recently. Its a dry sump glass fiber car too. PM me if any interest?

[996Type]

Thanks for that above, GRP is out of my league!

There’s a LHD converted to RHD for sale at the moment around £55K, first few years of production, dry sump with no front bib spoiler so the purer early shape I like. Would a conversion be an immediate no, would it really impact the value of such a car?

[996Type]

Thanks for that above, GRP is out of my league!

There’s a LHD converted to RHD for sale at the moment around £55K, first few years of production, dry sump with no front bib spoiler so the purer early shape I like. Would a conversion be an immediate no, would it really impact the value of such a car?

[johnnyreggae]

I guess I'm replying to both your posts !

With cars like the Alfa Spider there were approved conversions from new - this does not apply to the 308 so that car is effectively a one-off prototype with all the possible safety and reliability issues that implies

Keep looking

[Rari]

996Type said:

Thanks for that above, GRP is out of my league!

There’s a LHD converted to RHD for sale at the moment around £55K, first few years of production, dry sump with no front bib spoiler so the purer early shape I like. Would a conversion be an immediate no, would it really impact the value of such a car?

Whether it’s a no is up to you but certainly impacts value. From memory that car was talked about on FChat a few years ago and may have even been on a well know auction site. I think the central tunnel is still on LHD configuration and missing a few of the correct switchgear, front bonnet and windscreen wipers appear to still be in LHD configuation, black line around the car missing, incorrect and non OEM steering wheel fitted, wrong instrument cluster position in the middle of the dash and a few modifications in the engine bay. That’s just by looking at the ad! However it’s priced where it is due to it being a car that’s had a left to right hand drive conversion and been in the US. Few quality 308 carb right hand drives have hit the market within the last couple of years and any US cars seem to have been mostly GTS

[dickyf]

Are you looking to buy a car?

johnnyreggae said:

I guess I'm replying to both your posts !

With cars like the Alfa Spider there were approved conversions from new - this does not apply to the 308 so that car is effectively a one-off prototype with all the possible safety and reliability issues that implies

Keep looking

[glenn911C4S]

Are the first 308 fuel injection cars the least desirable of the 308 range, if so why?