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Thread: Ferrari 308 GTS

  1. #1
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    Ferrari 308 GTS

    Perusing this market. They appear to be undervalued.
    Since I'm often mistaken for a very disfigured, short Tom Selleck I thought it might be fun.

    Next Dino?
    Good years/bad years?

    Don't stone me; as close as I get to F-cars is my Fiat 600.

  2. #2
    Moderator Chuck Miller's Avatar
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    The 'earlier' carbureted 308's, both open and closed cars are coming on strong.
    Good history, well maintained, low mileage.... some'o, same'o
    Chuck Miller
    Creative Advisor/Message Board Moderator - Early 911S Registry #109
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    ’98 Chevy S-10 – Utility
    ’15 GTI – Commuter

  3. #3
    In 1980 at the Long Beach Grad Prix a guy asked me...

    What do ALL Porsche owners have in common? I replied "I don't know... What?"

    He said "THEY ALL WANT A FERRARI!"

    I said "I can definitely relate to that"

    So I bought a 1974 Dino Spyder 8 months later. The car had 22,000 original miles with Original Paint... Today that same Dino still sleeps next to my Speedster and my 911S. The Dino now has 27,400 original miles and still has the Original Paint.

    I also bought a 365BTB/4 Daytona (I called the Rocket Powered School Bus) because it was Sooo damn heavy on the clutch and Steering. and I bought a 206GT Alloy Body and later a 330GTS (V12 Convertible) Fly Yellow... They are all gone except my first Ferrari the Dino I still own.
    Attached Images Attached Images

  4. #4
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    yes, 3x8 cars are appreciating rapidly.

    JUST this year they have increased by 30-50%. A decent 328GTS is now $55-65k. Thats a driver. A show car is over $100k.

    We went to an auction in Austin last weekend where they had several Ferraris. A 77 308 GTB that was a 3 in terms of condition sold for $51k before buyer premium.
    328s have the reputation of being the best of the breed. The most desirable of the 328s are the late 88s and 89s. The 89s had ABS and different looking wheels. Most seem to prefer the older concave wheels.

    I too am looking

  5. #5
    Senior Member swbstudios's Avatar
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    I would agree that a nice 308 of any year is undervalued. While values(especially of GTBs) are on the rise in Europe, they remain very affordable in the US-with recent upward movement. As an owner of many early P-cars and F-cars over the years, I can't for the life of me understand how a 911T can have a market value higher than a nice 308. I have a nice GTB in the current stable and its a very special machine and a delight to drive. Service costs are not as bad as you have been led to believe, nor are most parts. They are still analog cars and a home mechanic can do most of the work. A good one represents fantastic value at this point in time. It is critical to find a cherished example though as an unloved, neglected car can quickly sink the budget-unless purchased cheaply with the understanding that the owner will do much of the work.

    Here's mine:

    308gtb.jpg
    67 911 , 69 911S, Ford V Ferrari 906LH, 85 Carrera...and-gasp! a bunch of Corvettes, Musclecars and Italian crap(330GTC,GTA/M,308GTB)

    EarlyS # 603, GroupV #2

  6. #6
    member #1515
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    They look good, but the build quality on those late 70's and 80's cars left a lot to be desired. Similar to an XKE. Just read Donahue;s comments about when they raced that Ferrari at Daytona. Even on the race cars the quality was just not there.
    David

    '73 S Targa #0830 2.7 MFI rebuilt to RS specs

  7. #7
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    decades on any short comings have been identified and remedies enacted. Much like Porsches of the same era.
    Do be mindful of the early 308 (non-glass cars). The pre-84 (IIRC) 308s weren't galvanized and were slower.
    In the 3x8 world the market seems to be chasing:
    Glass 308s
    84-85 QVs
    Virtually any 328.

    As others have stated it makes no sense why 3x8s aren't massively more expensive. Based on Hagertys pricing info that seems to be changing.

    Personally I am in the hunt for a sorted 84-85 QV. Ideally a Euro car.

  8. #8
    Senior Member swbstudios's Avatar
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    Quote Originally Posted by RSTarga View Post
    They look good, but the build quality on those late 70's and 80's cars left a lot to be desired. Similar to an XKE. Just read Donahue;s comments about when they raced that Ferrari at Daytona. Even on the race cars the quality was just not there.

    This simply has not been my experience. The 308 pictured is wearing its original paint, the interior leather/fit is very good, the drivetrain is original and it runs perfect. The doors close with a "thunk" just as nice as my 911s and the overall impression is one of a quality piece and a special drive. I'll match the quality of my 308 against a 911 of that period-easy to do as we have an 85 two owner Carrera in the driveway as well . As to Ferrari race car quality, not too many cars could have competed at Daytona and LeMans with a basically stock car like the Ferrari 365 GTB did. They even ran one in 79 when it was basically an antique and it nearly won the race overall.
    67 911 , 69 911S, Ford V Ferrari 906LH, 85 Carrera...and-gasp! a bunch of Corvettes, Musclecars and Italian crap(330GTC,GTA/M,308GTB)

    EarlyS # 603, GroupV #2

  9. #9
    The car to have is the euro fibreglass 308, or Vetroresina as the cognoscenti call them! ( Fibreglass sounds so much better in Italian...)
    These were the very first of the 308 and the purist in form, dry sump motor with webers carbs gave 255hp which Ferrari used in 76/77
    for homologating this new V8 for racing. All went a bit downhill after that with the introduction of wet sump and fuel injection.
    cheers, Mike
    Member#1664
    1972 911 S/RSR to Martini Prototype specification
    http://www.ddk-online.com/phpBB2/viewtopic.php?t=15294

  10. #10
    Registry Member #2679 friggens's Avatar
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    I appreciate all the positive and informative comments here. Good question Frank.

    Its like a quick left turn... And frankly I don't think I've ever been privy to an informed discussion about 308's at all...

    The guy who had my '83 SC traded it for a 308. He said the SC was a better driving car, but that a Ferrari was on his bucket list. SAC Colonel from Omaha.

    cheers!

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