308/328 Values

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Discussion

browngt3

1,411 posts

211 months

Thursday 9th April 2020
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4rephill said:
They actually used two 308 GTS' for "stunt" cars - A carburettor model, and an injection model (they have different, single driver's side only door mirrors), and a 328 GTS that was the "main" car (which had American spec "elephant ear" door mirrors on both doors):

The 328 GTS "main" car:



The 308 GTSi (Single square mirror) :



The 308 GTS "carb" (Single oval mirror) :



Beverly Hills Cop 2 came out in 1987, and at the time, the 308 GTS was worth 1/2 to 2/3rds the value of the 328 GTS, so it made more sense to use those for the performance driving sequences - "Just in case".

In addition, the 328 GTS was in high demand in 1987, and my understanding is, the company who supplied the 328 GTS, specifically stated that the car was not to be used for any high speed filming.

99.999% of people watching the film at the cinema would never have spotted the different models when the film came out, and I'd say at least 95% of those watching on video/DVD later on wouldn't either.
Excellent forensic detail! This is why we love PH biggrin

cgt2

7,100 posts

188 months

Thursday 9th April 2020
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The Hidden from 1987 is also a good one where the guy commits a bank job in a 308.

https://www.imcdb.org/v003597.html

cgt2

7,100 posts

188 months

FezSpider

1,045 posts

232 months

Thursday 9th April 2020
quotequote all
4rephill said:
They actually used two 308 GTS' for "stunt" cars - A carburettor model, and an injection model (they have different, single driver's side only door mirrors), and a 328 GTS that was the "main" car (which had American spec "elephant ear" door mirrors on both doors):

The 328 GTS "main" car:



The 308 GTSi (Single square mirror) :



The 308 GTS "carb" (Single oval mirror) :



Beverly Hills Cop 2 came out in 1987, and at the time, the 308 GTS was worth 1/2 to 2/3rds the value of the 328 GTS, so it made more sense to use those for the performance driving sequences - "Just in case".

In addition, the 328 GTS was in high demand in 1987, and my understanding is, the company who supplied the 328 GTS, specifically stated that the car was not to be used for any high speed filming.

99.999% of people watching the film at the cinema would never have spotted the different models when the film came out, and I'd say at least 95% of those watching on video/DVD later on wouldn't either.
Indeed I did know the above yes. However I could not be arsed to go into as much detail as you did.
Good job smile

4rephill

5,040 posts

178 months

Thursday 9th April 2020
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Just to make anyone currently in the market for a 308 GTS aware:

There is a red "1984" 308 GTS currently for sale on carandclassic.co.uk, priced at £89,995, in Oxfordshire, showing the registration number: OIA 308, that is being advertised in capital letters as being a: "GENUINE RIGHT HAND DRIVE" car (yet again!)

The advertised details of the car also indicate that the car is a genuine RHD car - This is not correct!

The reality is, the car was originally a LHD Swiss market car, that has been imported into the UK, and converted to RHD (The VIN number decodes as a LHD Swiss car, the windscreen wipers sweep the wrong way for a RHD car, the front lid cut-outs for the wipers are for LHD wipers, and the ashtray in the centre console being next to the driver's seat/gear lever next to the passenger's seat, all confirm the car was originally LHD)

This is blatant false advertising (which the seller has been informed about previously, but they have chosen to ignore!), as the car is not a: "GENUINE RIGHT HAND DRIVE" car, as advertised, and being a converted LHD, is not worth anything like a genuine RHD car.

Please note: I have no personal involvement with the vehicle in question, or the seller - This post is simply to make prospective buyers aware that the car is not what it is being advertised as being.

tomtom

4,225 posts

230 months

Thursday 16th April 2020
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Well, it's genuinely currently right hand drive...

edit: on a more serious note, it doesn't seem to have the 'Euro' mirrors that I'd expect on a Swiss car either, although I suppose that's not too damning

Edited by tomtom on Thursday 16th April 12:51

Rari

123 posts

195 months

Thursday 16th April 2020
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https://www.silverstoneauctions.com/events/2016-au...

https://www.ferrarichat.com/forum/threads/out-of-l...

4rephill - you seem to be on a mission about this car but I don’t think it will run out of the door at that price, appears it has been for sale for some time.

Edited by Rari on Thursday 16th April 20:51

4rephill

5,040 posts

178 months

Saturday 18th April 2020
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Rari said:
https://www.silverstoneauctions.com/events/2016-au...

https://www.ferrarichat.com/forum/threads/out-of-l...

4rephill - you seem to be on a mission about this car but I don’t think it will run out of the door at that price, appears it has been for sale for some time.

Edited by Rari on Thursday 16th April 20:51
Rari: Let's put my: "mission about this car" into context.

If you re-read the Ferrarichat link you've posted, you'll see that my post in that thread, #10, about this car being falsely (and illegally) advertised, is dated December 19th 2016.

Back then, 308 GTS' were commanding high prices, and a genuine RHD car was worth the most money.

As noted in that 2016 thread, the car in question was being promoted strongly, as being a genuine RHD car in the original advert, and the asking price was £89,995, which was pretty much top money for a RHD car at the time.

A converted LHD to RHD car was worth @ £10~20K less than a genuine RHD car at the time (but still worth more than a LHD to most prospective buyers)

My concerns at the time were two fold (and still are):

1) That the car was being advertised in an illegal manner, by claiming that it was a genuine RHD car, when it was actually a converted LHD car.

2) That an unsuspecting buyer, having not done their homework fully, could buy the car for top money, in the belief that they were buying a genuine RHD car (as advertised), when in reality they were buying an converted car that was worth a lot less than they paid for it.

The price being asked wasn't the problem (and still isn't) - a seller is free to ask whatever price they want for their car. The problem was (and still is basically), that the seller was (and still is), falsely representing the car as being something it isn't - A genuine RHD car.

As for the price: Yes, it's highly unlikely to sell at £89,995 now - The market has dropped too much already (it wouldn't be worth that price now, even if it were a genuine RHD car).

The issue for me is, the car is still being advertised in a manner that suggests to the unsuspecting, that the car is a genuine RHD - And that's just wrong!

If they openly said that the car is a converted LHD car, and didn't try to suggest it was a genuine RHD car, then there would be no issue as far as I'm concerned, but I'm not prepared to just sit back and let the car be advertised as a genuine RHD car, or in such a manner that it can be thought to be a genuine RHD car, without trying to warn prospective buyers of what it actually is.

The reality is, in the current market, being a converted LHD "stories" car, it's now actually worth @ £20K less than the £65K they originally paid for it. However, three and a half years after first advertising it for £89,995, and having been informed by myself at that time that they were illegally misrepresenting the car by claiming or implying that it was a genuine RHD car, they're still doing the exact same thing!



MDL111

6,940 posts

177 months

Saturday 18th April 2020
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I wouldn’t want a converted car - to me worth less than the lower priced original spec (be that LHD or rhd)

The Silverstone ad above does not say delivered as rhd imo. Given it was originally delivered to Switzerland and first registered in the UK in 99 - I.e. a very long time after initial delivery, I would infer from reading the ad that it was quite possibly not delivered as rhd car. Having said that it should be stated explicitly (I assume/hope one would see the conversion in the extensive History coming with the car...)

browngt3

1,411 posts

211 months

Sunday 19th April 2020
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Just had a look at the C&C ad. That's quite a misrepresentation imo. However, it should be clear to any prospective purchaser that this car has been converted. They even go on to qualify the rhd status by quoting the official numbers imported. Stay well clear!

Andyoz

2,887 posts

54 months

Saturday 25th April 2020
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Good bit of fun with this lad that bought a 308 at auction for £31k. Five videos so far.

Here's the first
https://youtu.be/rCTOn7b_NI0

And here's the latest (compression test!)
https://youtu.be/Fm72L5ZiwbI

Newky Brown

1,380 posts

228 months

Saturday 25th April 2020
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Good videos. You've got to have some nuts to buy a 308 unseen!

Caruso

7,436 posts

256 months

Saturday 25th April 2020
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Andyoz said:
Good bit of fun with this lad that bought a 308 at auction for £31k.
I wonder if there was a buyers premium on top of that?

cgt2

7,100 posts

188 months

Saturday 25th April 2020
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I bought one unseen a long time ago.. but it was well under £20k. Spent about £5k sorting it and it was then perfect other than regular carb tuning.

In hindsight I'd rather get a QV, the later cars are much easier to maintain and any decent mechanic can work on them. The early interior is cool though with jet fighter style dials on the side of the binnacle.

A lot of the tuning issues I had on the '78 were related to the carb balance which sounds very similar to the video. My steering wheel wobbled too, same as the YT clip.

ghost83

5,478 posts

190 months

Saturday 25th April 2020
quotequote all
Andyoz said:
Good bit of fun with this lad that bought a 308 at auction for £31k. Five videos so far.

Here's the first
https://youtu.be/rCTOn7b_NI0

And here's the latest (compression test!)
https://youtu.be/Fm72L5ZiwbI
He’s got a thread in readers cars

JulianPH

9,917 posts

114 months

Sunday 26th April 2020
quotequote all
Caruso said:
Andyoz said:
Good bit of fun with this lad that bought a 308 at auction for £31k.
I wonder if there was a buyers premium on top of that?
He said 10% IIRC.

Andyoz

2,887 posts

54 months

Sunday 26th April 2020
quotequote all
ghost83 said:
Andyoz said:
Good bit of fun with this lad that bought a 308 at auction for £31k. Five videos so far.

Here's the first
https://youtu.be/rCTOn7b_NI0

And here's the latest (compression test!)
https://youtu.be/Fm72L5ZiwbI
He’s got a thread in readers cars
Thanks, I'll look for it.
I just enjoy his spirit...I was right along there with him when he was doing the compression testing.

ghost83

5,478 posts

190 months

Sunday 26th April 2020
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[quote=Andyoz]

Thanks, I'll look for it.
I just enjoy his spirit...I was right along there with him when he was doing the compression testing. [/quote

Me 2 and the real joy when it was ok

Caruso

7,436 posts

256 months

Monday 28th September 2020
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James May's 308 is up for sale.

I think this is the one: https://www.tfcgb.com/used-cars/6886072-ferrari-30...

based on what he says in this video: https://youtu.be/FvpNY5Sv3l4?t=112

4rephill

5,040 posts

178 months

Tuesday 29th September 2020
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Caruso said:
James May's 308 is up for sale.

I think this is the one: https://www.tfcgb.com/used-cars/6886072-ferrari-30...

based on what he says in this video: https://youtu.be/FvpNY5Sv3l4?t=112
Yes that's James May's car.

If you watch the linked video, he's very complimentary about how it looks, but not very complimentary about what it's like to drive now, in modern traffic.

To a degree, I get what he's saying about it feeling like you're driving the car for everyone else's benefit, because they get to look at it and you don't, but it's a nice feeling when someone suddenly smiles because they've seen a Ferrari out of the blue, and, the fact is, there's a lot of pleasure in driving the car too (something that May seemingly just doesn't get).

TBH, I'd say it's just as well he's selling it - Hopefully it will go to a new owner who appreciates it a bit more.