288 GTO

[gazzat]

Have GTO's reached the top in terms of price?

[RDMcG]

I very much doubt it. A must have for serious Ferrari collectors . I think over the long haul , there is nowhere to go but up.

[Streetrod]

Prices were static for a while but £400k will get you into a very nice example at the moment, thats if you can find one. DK Engineering had one for sale recently that was featured in a big article in Classic & Sports Car magazine. Prices are on the way up.

[elms]

No, I think they are only @ 50% of their ceiling

Edited by elms on Tuesday 2nd November 15:12

[gazzat]

Thanks for your replies so probably the best bet over a F40 or F50 at the moment then ?

[Muzzer]

gazzat said:

Thanks for your replies so probably the best bet over a F40 or F50 at the moment then ?

In terms of driving? It's subjective

Or are you buying one for investment purposes?

I can't see you losing money on a 288GTO, F40 or F50 tbh....

[elms]

gazzat said:

Thanks for your replies so probably the best bet over a F40 or F50 at the moment then ?

Yes, the F40 is more reconignsable and iconic as the super Ferrari but due to its much higher build numbers will always sit behind the 288 in terms of value. With the GT0, although some may say it just looks like a pumped up 308 is a true supercar and being one of now only three models to ever wear the 'GTO' badge. With the F50, what let it down was halfwit journalists who never drove the car and judged it on its slightly awkward looks (which IMO is only a factor with the hardtop removed) I think in time these will pick up in price until they are sitting at the £5-600k level.

Edited by elms on Tuesday 2nd November 15:30

[rubystone]

elms said:

I think in time these will pick up in price until they are sitting at the £5-600k level.

288 GTO or Lusso? Same money....but for sure the 288GTO will not drop in value. £75k new in 1984/5 IIRC - I did tell the old man not to buy that Riva Bravo, but did he listen to me?...

[ferrari spider]

Graypaul Ferrari have a F50, F40 a.d a 288 at exactly the same price. Goes to show how good the F40 is regarded, theres a thousand more of them compared to the F50. And this clearly is great also for the GTO.

[pistolp]

good luck trying to find one (288) for 400k - I have been looking for the last 6 months

[Streetrod]

pistolp said:

good luck trying to find one (288) for 400k - I have been looking for the last 6 months

As I said DK Engineering had one recently at £400k

[TDS670]

DK had two...asking one at £475k and one at £525k with lower km's...both sold...not sure of the selling price though...

[Andy 308GTB]

£400k, £500k? Cheap as chips - in the words of the mighty David Dickinson.

Look what they were selling for in 1989...


Classic & Sportscar December 1989
USD 1.3mio


£999,995.00 - poor scan but it's the first one listed under Classic Ferrari (despite being less than 5 years old!)

Edited by Andy 308GTB on Tuesday 2nd November 21:31

[Murcielago_Boy]

elms said:

gazzat said:

Thanks for your replies so probably the best bet over a F40 or F50 at the moment then ?

Yes, the F40 is more reconignsable and iconic as the super Ferrari but due to its much higher build numbers will always sit behind the 288 in terms of value. With the GT0, although some may say it just looks like a pumped up 308 is a true supercar and being one of now only three models to ever wear the 'GTO' badge. With the F50, what let it down was halfwit journalists who never drove the car and judged it on its slightly awkward looks (which IMO is only a factor with the hardtop removed) I think in time these will pick up in price until they are sitting at the £5-600k level.

Edited by elms on Tuesday 2nd November 15:30

[pastrana72]

This one was up for 245kGBP exactly 4 years ago, it was fantastic.

[DonkeyApple]

pastrana72 said:

This one was up for 245kGBP exactly 4 years ago, it was fantastic.

It's a car only surpassed by the Miura.

Re the $1.3m in 1989, that would have been about £650-£750K at the time.

[traxx]

I was offered a very good example in October 2008 for £250,000 from a guy who was about to go bust

With hindsight I obviously should have bought it but at the time the entire banking system looked like it was about to fail

[Davey S2]

Best looking 'modern' Ferrari by a country mile.

I was on an owners club trip in Italy with the bloke who used to own Eddie Irvines old 288 GTO.

Thrapping down the coast road through the tunnels in convoy with that is a memory I'll never forget.

[MogulBoy]

I thought they were suspiciously cheap (in GBP) a few years ago but agree that the weakness of Sterling is a huge factor here on the international market...

Definitely one of my all time favourites although I am beginning to feel that the wheels are looking somewhat dated whereas I find the body utterly timeless....

I've said it before but I'm surprised that there aren't more high-quality replicas out there using 308's as donor vehicles but the execution challenges would not be insubstantial (as the engine is longitudinally mounted and the track is greatly widened).

[pistolp]

Streetrod before you get too cocky mate do your homework - the one at DK wan't buyable at 400k, it was also 'scruffy' according to a couple of people I know who actually saw it
If you are going to start off a repsonse with 'as I said' make sure you are talking tripe next time.....