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I've bought from Caribou - they'll gladly hot-rod
your 308 engine using lots of aftermarket and
custom-fabricated parts. For around $40,000++ However,
the more aftermarket crap you stuff into a Ferrari, the
less original it is, and the less it is worth. At what
point are you driving a Ferrari, and what point are you
driving Pininfarina's version of the Pantera?
The trouble with today's aftermarket parts is that
Ferrari's OEM suppliers were less-than-forthcoming with
the specifications many of them were made under, and the
engineers at these aftermarket parts places are not
doing due-diligence in their reverse-engineering
efforts. If the overall parts market were much-larger,
they would probably try harder but they aren't...buyer
beware.
From: Fellippe Galletta
<fellippe.galletta [at] gmail.com>
Subject: Re: [Ferrari] Likely Future 308 Price
Appreciation
To: "Michael" <Cavallino_Rapante [at] yahoo.com>
Cc: "The FerrariList" <ferrari [at] ferrarilist.com>
Date: Saturday, September 15, 2012, 3:44 PM
I think with companies like Carobu around, I wouldn't
be so worried about OEM parts.
And a lot could always be improved anyways.
FG
On Sat, Sep 15,
2012 at 12:02 PM, Michael James <cavallino_rapante [at] yahoo.com>
wrote:
|
These cars were NOT meant to 'sit'
for decades in a garage somewhere,
waiting to be discovered as lost
treasure - an aluminum-drivetrain car
that sits like that will need an engine
rebuild. That is a fact. Mine sat for
12 years, and my pricetag for that
neglect is about 20% more than the
purchase price of the car itself, and I
did NOT buy at a discount. The "big
question" is HOW MUCH for that engine
rebuild, vs. the cost of 'return on
investment'. In Ferrari 308 terms, the
maintenance costs already exceed value -
308s would need to gain at-least 25% of
current values just to break-even, and
parts prices are still climbing faster
than values. If you were to rebuild a
308 engine today, it is doubtful that
you would even FIND some of the parts
needed to complete your effort and
return the engine to OEM specifications,
something the collector market requires
to turn a car into a collector
commodity. This is trending in
directions that do not support the level
of nostalgia for these machines needed
to keep them on the road much longer.
If your passion exceeds one's 'care'
about ROI, then this discussion is
moot. But the OP asked about ROI - and
the 308 does NOT meet the criteria.
From: fer308qv [at] aol.com
<fer308qv [at] aol.com>
Subject: Re: [Ferrari] Likely Future
308 Price Appreciation
Date: Friday, September 14, 2012, 11:57
AM
Strongly
disagree. Its a sleeping
classic. Pull a nice one out
of the garage in 30 years.
Qvs gts produced 3042?
Sent
from my Motorola
Smartphone on the Now
Network from Sprint!
-----Original message-----
No 308 regardless of
who's ass sat in it will
be worth more than $20k
in the future
The only car that
mimic it in price is the
dreaded 348 shit box
If you think buying a
308 is going to make you
money
Buy some RIM stock as
well
They are blackberry
Clyde
Sent from my iPhone
Here is my take
on the hierarchy of
the 308 line as
desirability
according to the
original question:
#1 - Euro
Fiberglass - this
was the only one
that was dry sump.
But only do an
unadulterated one
that has not been
Federalized, or at
least in
no discernible way.
#2 - US
Fiberglass
Further note on
Fiberglass cars -
These already trade
a a major premium to
the rest of the 308
market. There was
not GTS ever as a
fiberglass.
#3 - non cat
steel, 1977. If one
could come up with a
non-cat GTS that
would be special.
#4 - QV. As a
durability issue the
1984 and 1985 have
better rust
proofing.
Although there
are some people that
do prefer the
federalized Euro
over a US version I
do not unless it is
de-converted.
Originality - no
aftermarket
changes. No color
changes.
GTB vs. GTS - a
personal preference
issue. GTB
proponents will
argue about the
lower production
rates and somewhat
stiffer body.
Condition - start
with the right car
don't try
resurrection unless
you are a masochist
and doing the all
work yourself plus
get parts at
wholesale.
Mileage - be
careful about the
low mileage cars.
They could be a
bunch more mileage
than that if the
speedo cable had
been disconnected.
Also be real careful
that low mileage
(under 30K) is also
going to mean that
driving the car will
be devaluing it.
So there is my
take.
Jeff
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
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