308/328 Values

[johnnyreggae]

October 14 @ H&H & to quote the auction house "Whilst there would appear to be a plethora of tired LHD examples currently being offered on the market, a cherished and restored righthand drive carburettor model 308 GTS is much harder to find"

Looks very nice example https://www.handh.co.uk/auction/lot/32-1978-ferrar...

[evojam]

That's the typical bilge you can normally expect from any of the major auction houses,the silver car in question was probally just as tired as any LHD example before it restoration.

Edited by evojam on Friday 9th October 17:24

[rat rod]

johnnyreggae said:

October 14 @ H&H & to quote the auction house "Whilst there would appear to be a plethora of tired LHD examples currently being offered on the market, a cherished and restored righthand drive carburettor model 308 GTS is much harder to find"

Looks very nice example https://www.handh.co.uk/auction/lot/32-1978-ferrar...

Think the owner may have shot himself in the foot by adding those photo's of the restoration .

They could frighten buyers off who are not use to seeing older cars going through their restoration stages .

Although it shows he's got nothing to hide and the buyers that know can see through the photo's .

The trimmers made a good job of the seats but why have they done them all blue including the pleats which should be black as original,
wouldn't have taken much, or am i just being anal.

In my opinion silver really suits the 308 GTB/GTS's accentuates it's beautiful lines.

My cars silver and could do with a repaint but being a track car i quite enjoy it as it is, people say if you paint it change it to red . Why?

Funny there was a silver 308 GTS at a Goodwood track day a few weeks ago identical to this one even down to the single exhaust ,

It was almost like new and as far as i could tell looked totally original although the paintwork looked better than i remember them new ,

W reg so must have been one of the last of the carburettor cars , From memory only 36,000 miles on the clock.

Although there was some very expensive hyper come super cars there costing a million plus i couldn't get enough of this GTS and kept
going back to have another look , Any one on here?

Just reminded me of back in the day when i owned these cars when they were only 2 to 3 years old.

Edited by rat rod on Friday 9th October 11:22

[Slippydiff]

4rephill said:

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.

May's video appears little more than a poor sales pitch for the car. Not exactly classy.

[rat rod]

Slippydiff said:

May's video appears little more than a poor sales pitch for the car. Not exactly classy.

I thought the same but he has never been that complementary about it past or present, He was the only one out of the three that enthused

about classic cars and seem to remember him owning a Rolls Mulliner Park Ward 2 door Shadow,

Obviously his interest has waned now preferring electric.

I know his Speciale would spoil him for older Ferrari's but although the 430 is hardly new i find they complements each other when i drive the

GTB and go from one to the other as they are so different and have their own individual character's.

Although i love the 430 if i had to choose between the two i would choose the GTB every time completely different to Mr May.

Edited by rat rod on Saturday 10th October 11:37

[johnnyreggae]

White QV anyone ? https://www.bonhams.com/auctions/26549/lot/346/?ca...

[rat rod]

johnnyreggae said:

White QV anyone ? https://www.bonhams.com/auctions/26549/lot/346/?ca...

Had two white Ferrari's,one 308 GT4 that every one mistook for a Lotus, I assume because of the colour and a 308 GTS 1981'

One of the last carburettor cars, Sold it to a guy who really wanted a red one but thought he would try and live with it,

Obviously he couldn't as the next time i saw it he had it painted in red but not Rosso Chiaro as he'ed asked for but Rosso Dino.

So still didn't have the red Ferrari he wanted ,more of a orange one . Maybe there's a moral somewhere to this story.

Shame really the car was only four old at the time and was totally original, messed up what was a perfect car as the repaint
was only average as well.

Quite like them in white but best suited with a Marbella backdrop than the local gas works in the UK.

Edited by rat rod on Saturday 21st November 21:46

[Slippydiff]

So for those in the market for 308, and further to Fiammetta's posts and video here :

https://www.youtube.com/watch?app=desktop&v=qN...

on page 18 of this very thread, AND Rat Rod's and my comments on this thread :

https://www.pistonheads.com/gassing/topic.asp?h=0&...

Slippydiff said:

rat rod said:

Don't normally talk money but did anyone see the Vetroresina 1976 308 GTB that sold on that online auction site for £58k a couple of days ago.
Even allowing for the £6k commission that has to be the bargain of year.looks a decent car, with it's 16" speedlines,sports exhaust with a modified rear panel so it fits and looking at the photo's it might be slightly lowered, add a colour change to it so it may not be one for the purist but what a great fun car that you could enjoy driving without the worry that a mint car brings with it,great value for the money.
Worst thing for me was the 328 seats but the original ones can't be that hard to find being they span from 1975 to 1981 and the other seats could always be sold to recoup expenditure.

Discussed and commented on here earlier in the week :

https://www.pistonheads.com/gassing/topic.asp?h=0&...

A Vetroresina has recently appeared at Iain Tyrell's workshop.

Here's the video on its restoration (308 feature starts at 7 mins 58)

https://youtu.be/NeWOI95ffBo

I suggest you make sure you're sitting down (and you have bottle of smelling salts close to hand) ...

It may or may not be the same car as that sold on that online auction site (the corrosion to the A posts was highlighted in images 8, 9 & 10 and 26, 27 & 28) here :

https://collectingcars.com/for-sale/1976-ferrari-3...

[rat rod]

Slippydiff said:

A Vetroresina has recently appeared at Iain Tyrell's workshop.

Here's the video on its restoration (308 feature starts at 7 mins 58)

https://youtu.be/NeWOI95ffBo

I suggest you make sure you're sitting down (and you have bottle of smelling salts close to hand) ...

It may or may not be the same car as that sold on that online auction site (the corrosion to the A posts was highlighted in images 8, 9 & 10 and 26, 27 & 28) here :

https://collectingcars.com/for-sale/1976-ferrari-3...

Lets hope it's not the same car that sold on Collecting Cars for the buyers sake,

Did make me twitch a little as my old girl has had a hard life covering it's 150 thousand + miles ,

They say ignorance is bliss so maybe i shouldn't look to hard.

[BobToc]

Even if it has a bit, what a life! Cars as they’re meant to be driven.

[4rephill]

Slippydiff said:

A Vetroresina has recently appeared at Iain Tyrell's workshop.

Here's the video on its restoration (308 feature starts at 7 mins 58)

https://youtu.be/NeWOI95ffBo

I suggest you make sure you're sitting down (and you have bottle of smelling salts close to hand) ...

It may or may not be the same car as that sold on that online auction site (the corrosion to the A posts was highlighted in images 8, 9 & 10 and 26, 27 & 28) here :

https://collectingcars.com/for-sale/1976-ferrari-3...

As has been quoted on FerrariChat.com many times: "More often than not, the cheapest Ferrari you can buy, is the most expensive Ferrari to own!"


And yet sometimes, when it comes to a Ferrari, we simply can't help ourselves!

I have recently bought a "high" mileage 1989 (registered on a G plate in 1990) 328 GTS, that would benefit from a (hopefully) light interior and paint restoration, the price of which was simply too good to pass up.

I'd say she's in a nice, usable condition as it stands, (the invoices that came with her already indicate that she's had some corrosion rectification work done to the lower bodywork in the past, by a reputable and known Ferrari specialist), but could benefit with some tlc in the near future.

Having followed everything Ferrari over 43 years, and having already owned a 1990 348 TS for a couple of years, I'm not naive when it comes to Ferrari's of this era, and I am bracing myself for the occasional, possible unexpected surprise to crop up along the way (Nothing to the degree of the Vetroresina in the video I hope - But you never know!)

I've had a couple of frustrating niggles already, including a drivers side dip beam issue that simply refuses to be fixed so far, no matter what I've tried (Time to get an expert on the job!), a passenger's seat that is stuck fast at the back of the runner, making it impossible to get the seat out for restoration, the passenger side window goes down okay, but sticks halfway when you put the window up, the central locking doesn't want to play ball and lock the doors, and part of one of the three round dash top vents has decided to drop down the air duct.

It's all a bit of a test, but then I step back, take look at the fabulous shape of the car (let alone drive her), and think to myself: "WORTH IT!"


As for values (back on topic! ), I think that now we're coming out of the full blown COVID situation, the uncertainty of Brexit has calmed down, and the London financial market is looking strong (despite the EU's best efforts to destabilise it), prices will level off at their current position, and then start to (slowly) rise again in 12 ~ 18 months time.

As always, I could be wrong, but the future definitely looks brighter now, than it did 12 months ago, and 308/328 prices (and the price of Ferrari's in general), didn't collapse then, when the Country was full of doom and gloom!

[Slippydiff]

4rephill said:

As has been quoted on FerrariChat.com many times: "More often than not, the cheapest Ferrari you can buy, is the most expensive Ferrari to own!"


And yet sometimes, when it comes to a Ferrari, we simply can't help ourselves!

I have recently bought a "high" mileage 1989 (registered on a G plate in 1990) 328 GTS, that would benefit from a (hopefully) light interior and paint restoration, the price of which was simply too good to pass up.

I'd say she's in a nice, usable condition as it stands, (the invoices that came with her already indicate that she's had some corrosion rectification work done to the lower bodywork in the past, by a reputable and known Ferrari specialist), but could benefit with some tlc in the near future.

Having followed everything Ferrari over 43 years, and having already owned a 1990 348 TS for a couple of years, I'm not naive when it comes to Ferrari's of this era, and I am bracing myself for the occasional, possible unexpected surprise to crop up along the way (Nothing to the degree of the Vetroresina in the video I hope - But you never know!)

I've had a couple of frustrating niggles already, including a drivers side dip beam issue that simply refuses to be fixed so far, no matter what I've tried (Time to get an expert on the job!), a passenger's seat that is stuck fast at the back of the runner, making it impossible to get the seat out for restoration, the passenger side window goes down okay, but sticks halfway when you put the window up, the central locking doesn't want to play ball and lock the doors, and part of one of the three round dash top vents has decided to drop down the air duct.

It's all a bit of a test, but then I step back, take look at the fabulous shape of the car (let alone drive her), and think to myself: "WORTH IT!"


As for values (back on topic! ), I think that now we're coming out of the full blown COVID situation, the uncertainty of Brexit has calmed down, and the London financial market is looking strong (despite the EU's best efforts to destabilise it), prices will level off at their current position, and then start to (slowly) rise again in 12 ~ 18 months time.

As always, I could be wrong, but the future definitely looks brighter now, than it did 12 months ago, and 308/328 prices (and the price of Ferrari's in general), didn't collapse then, when the Country was full of doom and gloom!

Well done on the purchase of the 328. Your issues all sound fairly standard Ferrari fare, maybe irritating (all the moreso if they can't be fixed without resorting to the skills of specialist) but they're not showstoppers.

Now the Vetroresina in Iain Tyrrell's workshop is a very, very different kettle of fish. When I first saw the rebuild of the front subframe sections that support the headlamps and front clam, I thought that whilst it was less than ideal, it wasn't totally unexpected on a Ferrari of this age.
But when the camera shifted to Iain running his hand along the bottom of the completely rotted out main chassis tube, that sent a shiver down my spine for two reasons.

The first was highlighted by Iain and his metalwork specialist, specifically just what a deathtrap a car in that condition would be, and the second was the likely cost to make good the ravages of the tin worm.

I'm pretty sure the car will need putting on a jig before the main frame tubes are cut out and replaced, and one can only wonder whether the rear subframe/outriggers are as badly corroded as the fronts were.
Either way, replacing the front sections of the chassis legs, along with the replacement of the front subframe/outriggers and main chassis tubes will no doubt consume many, many hours of labour.

[rat rod]

4rephill said:

As has been quoted on FerrariChat.com many times: "More often than not, the cheapest Ferrari you can buy, is the most expensive Ferrari to own!"


And yet sometimes, when it comes to a Ferrari, we simply can't help ourselves!

I have recently bought a "high" mileage 1989 (registered on a G plate in 1990) 328 GTS, that would benefit from a (hopefully) light interior and paint restoration, the price of which was simply too good to pass up.

I'd say she's in a nice, usable condition as it stands, (the invoices that came with her already indicate that she's had some corrosion rectification work done to the lower bodywork in the past, by a reputable and known Ferrari specialist), but could benefit with some tlc in the near future.

Having followed everything Ferrari over 43 years, and having already owned a 1990 348 TS for a couple of years, I'm not naive when it comes to Ferrari's of this era, and I am bracing myself for the occasional, possible unexpected surprise to crop up along the way (Nothing to the degree of the Vetroresina in the video I hope - But you never know!)

I've had a couple of frustrating niggles already, including a drivers side dip beam issue that simply refuses to be fixed so far, no matter what I've tried (Time to get an expert on the job!), a passenger's seat that is stuck fast at the back of the runner, making it impossible to get the seat out for restoration, the passenger side window goes down okay, but sticks halfway when you put the window up, the central locking doesn't want to play ball and lock the doors, and part of one of the three round dash top vents has decided to drop down the air duct.

It's all a bit of a test, but then I step back, take look at the fabulous shape of the car (let alone drive her), and think to myself: "WORTH IT!"


As for values (back on topic! ), I think that now we're coming out of the full blown COVID situation, the uncertainty of Brexit has calmed down, and the London financial market is looking strong (despite the EU's best efforts to destabilise it), prices will level off at their current position, and then start to (slowly) rise again in 12 ~ 18 months time.

As always, I could be wrong, but the future definitely looks brighter now, than it did 12 months ago, and 308/328 prices (and the price of Ferrari's in general), didn't collapse then, when the Country was full of doom and gloom!

Welcome to the high mileage Ferrari Club,

Have a low mileage Ferrari but find it a liability compared to my well used one,

Don't have to worry to much about where i park it as another mark won't make much difference,

Can drive it wind and rain.

Just give your 328 a good paint detail and depending how bad they are reconnolise the seats

Far more fun than a concours car that rules you instead of the other way round.

[4rephill]

rat rod said:

4rephill said:

As has been quoted on FerrariChat.com many times: "More often than not, the cheapest Ferrari you can buy, is the most expensive Ferrari to own!"


And yet sometimes, when it comes to a Ferrari, we simply can't help ourselves!

I have recently bought a "high" mileage 1989 (registered on a G plate in 1990) 328 GTS, that would benefit from a (hopefully) light interior and paint restoration, the price of which was simply too good to pass up.

I'd say she's in a nice, usable condition as it stands, (the invoices that came with her already indicate that she's had some corrosion rectification work done to the lower bodywork in the past, by a reputable and known Ferrari specialist), but could benefit with some tlc in the near future.

Having followed everything Ferrari over 43 years, and having already owned a 1990 348 TS for a couple of years, I'm not naive when it comes to Ferrari's of this era, and I am bracing myself for the occasional, possible unexpected surprise to crop up along the way (Nothing to the degree of the Vetroresina in the video I hope - But you never know!)

I've had a couple of frustrating niggles already, including a drivers side dip beam issue that simply refuses to be fixed so far, no matter what I've tried (Time to get an expert on the job!), a passenger's seat that is stuck fast at the back of the runner, making it impossible to get the seat out for restoration, the passenger side window goes down okay, but sticks halfway when you put the window up, the central locking doesn't want to play ball and lock the doors, and part of one of the three round dash top vents has decided to drop down the air duct.

It's all a bit of a test, but then I step back, take look at the fabulous shape of the car (let alone drive her), and think to myself: "WORTH IT!"


As for values (back on topic! ), I think that now we're coming out of the full blown COVID situation, the uncertainty of Brexit has calmed down, and the London financial market is looking strong (despite the EU's best efforts to destabilise it), prices will level off at their current position, and then start to (slowly) rise again in 12 ~ 18 months time.

As always, I could be wrong, but the future definitely looks brighter now, than it did 12 months ago, and 308/328 prices (and the price of Ferrari's in general), didn't collapse then, when the Country was full of doom and gloom!

Welcome to the high mileage Ferrari Club,

Have a low mileage Ferrari but find it a liability compared to my well used one,

Don't have to worry to much about where i park it as another mark won't make much difference,

Can drive it wind and rain.

Just give your 328 a good paint detail and depending how bad they are reconnolise the seats

Far more fun than a concours car that rules you instead of the other way round.

The mileage doesn't bother me - Mechanically speaking, the 328 is pretty tough when serviced properly (and my car has been serviced ever year).

Looking through the service history and MOT history, it seems previous owners became a bit too concerned about how high the mileage was getting, and so basically stopped driving the car so much, averaging around 185 miles per year from 2012 to 2020 - That will definitely change in my ownership!

As you say, the paintwork not being in showroom condition makes the car far more drivable, due to not worrying about getting chips in it (my 348 was the same - The paintwork wasn't immaculate, so I didn't worry about driving it)

Enzo Ferrari wanted his cars to be driven (and ideally raced). I'm sure he'd much rather see his cars with high mileage on them after 30+ years, than barely run in!

The recent pandemic has shown that life can be far too short, and that you need to enjoy it whilst you can. I fully intend to do that with my 328, and if the additional mileage affects the value adversely, so be it - It was bought to fulfil a dream, not as an investment.


(Oh, and I finally managed to fix the dip beam issue, without having to resort to an auto electrician - I tracked down a bad connection in the wiring that I was able to fix! - Tomorrow I'll be looking into sorting out the door lock issue, and hopefully, the sticking window issue too )

[rat rod]

4rephill said:

The mileage doesn't bother me - Mechanically speaking, the 328 is pretty tough when serviced properly (and my car has been serviced ever year).

Looking through the service history and MOT history, it seems previous owners became a bit too concerned about how high the mileage was getting, and so basically stopped driving the car so much, averaging around 185 miles per year from 2012 to 2020 - That will definitely change in my ownership!

As you say, the paintwork not being in showroom condition makes the car far more drivable, due to not worrying about getting chips in it (my 348 was the same - The paintwork wasn't immaculate, so I didn't worry about driving it)

Enzo Ferrari wanted his cars to be driven (and ideally raced). I'm sure he'd much rather see his cars with high mileage on them after 30+ years, than barely run in!

The recent pandemic has shown that life can be far too short, and that you need to enjoy it whilst you can. I fully intend to do that with my 328, and if the additional mileage affects the value adversely, so be it - It was bought to fulfil a dream, not as an investment.


(Oh, and I finally managed to fix the dip beam issue, without having to resort to an auto electrician - I tracked down a bad connection in the wiring that I was able to fix! - Tomorrow I'll be looking into sorting out the door lock issue, and hopefully, the sticking window issue too )

Good man , drive the wheels off it while you can, 70 this year so making the most of my cars while i can, nice you can do some repairs

yourself ,that's what classic cars are all about.

[Thundersports]

On a late model QV 308 how many miles will the engine take before rebuilding providing the history is good and the cars been warmed up properly?

Does anyone know the 308 GTS at Foskers for sale?

[johnnyreggae]

Foskers car is carb not QV but either way they can easily go beyond 100000 without significant intervention

[Thundersports]

johnnyreggae said:

Foskers car is carb not QV but either way they can easily go beyond 100000 without significant intervention

Apologies i've caused a bit of confusion there's 2 x 308 at Foskers I meant this one. https://www.foskers.com/showroom/1985-ferrari-308-...