Ferrari Mailing List: Re: Likely Future 308 Price Appreciation

[Adam Green (FlatCrank]

If this were a project for amusement, then I think it could be fun, but if it were an investment speculation, it would be to shoot an arrow over a mountain to hit a haystack and then strike a needle.

To at least take aim on the haystack, given the reference to the mechanical abilities, I'd suggest choosing a car that's in the very smallest production availability and then find one that is 100% correct and unmodified with presently documented provenance including some sort of noteworthy historical value.  This is the conventional "foundation" for a long term appreciation.  One might "prefer" to drive a higher HP or lighter car, but the long term value will come for rarity and provenance.  If you ... I mean, "your friend" ... : ) ... can find a rare example in period correct condition, but needing mechanical attention (as the reason for it being undervalued today) then I don't see why it couldn't become a prized example in 10 to 50 years.  

Adam

On Thu, Sep 13, 2012 at 3:48 PM, LS <lashdeep [at] yahoo.com> wrote:

Glass cars and early, early carbed cars with the higher HP engines!

 

central

wines-spirits   est 1934

625 e street nw

washington, dc 20004

centralwines.com

facebook.com/CentralLiquors

202-737-2800

---

From: Peter Pless <ferrarilist [at] pless.com.au>
To: LS <lashdeep [at] yahoo.com>
Cc: 'The FerrariList' <ferrari [at] ferrarilist.com>
Sent: Thursday, September 13, 2012 5:08 PM
Subject: Re: [Ferrari] Likely Future 308 Price Appreciation

My favourite would be a ‘glass car and as a second option, if not the very last of the 328s, then the last of the QVs. I’d have no interest in anything in between, unless it was remarkable, and most of my friends feel the same way.

 

From: Larry Bard [mailto:larrybard [at] hotmail.com]
Sent: Friday, 14 September 2012 7:07 AM
To: Peter Pless
Cc: The FerrariList
Subject: [Ferrari] Likely Future 308 Price Appreciation

 

(Yeah, I know we covet Ferraris because we love them, not because we think we'll make money if we ever sell them, but I'm asking for a friend.  Really.)

A friend who is an extremely capable and experienced mechanic asked me which 308s were likely to appreciate over the next 10 years or so.  Not being even remotely competent to answer that question myself, I thought I would pass it along to this list, whose members doubtlessly are better able to intelligently formulate reasonable answers. 

The friend who is asking has a very limited budget, doesn't seem to have performance as high on his list as most would-be owners might, likes old classics, and specifically asked about possible appreciation over something like the next 10 years.  My guess is that he is in fact far less interested in the possibility of making any money, and much more interested in avoiding any serious loss if he were to buy one and sell it in about 10 years (though I am personally inclined to believe that any well maintained 308 is likely to at least hold its value over the next 10 years, assuming one buys it at not too far in excess of the "Clyde" price).

I know the QVs have always been highly regarded, but what do all of you think about specific model years, etc?  European 308 GTBi/GTSi QV?  Relatively rarer fiberglass rather than steel? Injection vs. carburetor?

Any words of wisdom I could pass along to my friend would be greatly appreciated.

Larry

 

_________________________________________________________________
To unsubscribe or modify your subscription options, please visit:

http://lists.ferrarilist.com/mailman/options/ferrari/lashdeep%40yahoo.com

Sponsored by BooyahMedia.com
and F1 Headlines
http://www.F1Headlines.com/

_________________________________________________________________
To unsubscribe or modify your subscription options, please visit:
http://lists.ferrarilist.com/mailman/options/ferrari/flatcrank%40gmail.com

Sponsored by BooyahMedia.com
and F1 Headlines
http://www.F1Headlines.com/