GBP160k for a 308 - what next?

JazzyO · 05-30-2011, 07:36 AM

I don't care how well this car is prepared, that price is unjustifiable IMHO. It is a replica!

1976 Ferrari 308 Group 4 for sale | Classic and Performance Cars

The ad says "a fraction of the cost of an original". What fraction, 80%? I can't believe you would clear more than GBP200k for an original Group4, even that seems very optimistic.

It does show that prices for fibreglass 308's are starting to do silly things. Trade the Michelone for an F40 in two years time, Vitalone?

Thoughts?

Onno

Granucci · 05-30-2011, 07:42 AM

I would not pay that.

Vitalone · 05-30-2011, 11:58 PM

Interesting...I see that a 308 GTB Group B Michelotto just sold for €460,000 at Monaco on 20 May
Bonhams ‘Les Grandes Marques à Monaco’, 20 May 2011: Review - Classic Driver - MAGAZINE - auctions

And I think a Group 4 Michelotto with its wider body and Kugelfischer fuel injection would be worth even more.

It looks like the 308GTB vetroresina could finally be closing the gap on the 246gt that currently sits at double the price. Due mainly to the rocketing in value of Michelotto versions and eligibility of good replica's for all sorts of historic events?

JazzyO · 06-04-2011, 12:31 AM

Hmmm - that's news to me. Personally, I find it very surprising that a Michelotto would fetch that much, that's very close to Daytona Competizione territory. A period DayComp fetched around €450k last year in Monaco, although it was not a factory competition car but a private conversion.

It's clear that the sellers of this replica want to ride on the coattails of that. As for eligibility - I'm not sure you'd get a proper HTP/FIVA card for this replica. I think it would not be eligible for the main events such as the Tour Auto. But to be fair, I"m not certain on that.

Onno

Vitalone · 06-14-2011, 07:13 AM

Interestingly I see that the GBP160k Michelotto replica is marked as sold. I guess market value of a replica is tied to the increasing eligibility for historic events of the original (with consequent rising values that seem to be similar to those of the Lancia Stratos although an ex-works Stratos with period competition history would probably be worth more) and how close to the original in spec the replica is. As far as I know there were only 11 ex-Michelotto Group 4 308 GTB's and another 4 Group B Michelotto 308 GTB's as per the car sold in Monaco recently.

Granucci · 06-14-2011, 10:24 AM

Quote:

Originally Posted by Vitalone

Interestingly I see that the GBP160k Michelotto replica is marked as sold. I guess market value of a replica is tied to the increasing eligibility for historic events of the original (with consequent rising values that seem to be similar to those of the Lancia Stratos although an ex-works Stratos with period competition history would probably be worth more) and how close to the original in spec the replica is. As far as I know there were only 11 ex-Michelotto Group 4 308 GTB's and another 4 Group B Michelotto 308 GTB's as per the car sold in Monaco recently.

Do not tell China that. IMO that is nonsense pricing and somewhere near a BJ charity auction....

05-30-2011, 07:36 AM	#1
JazzyO Owner Elite Member Join Date: Feb 2007 Location: Jersey, Channel Islands Ferrari Life Posts: 4,289	GBP160k for a 308 - what next? I don't care how well this car is prepared, that price is unjustifiable IMHO. It is a replica! 1976 Ferrari 308 Group 4 for sale \| Classic and Performance Cars The ad says "a fraction of the cost of an original". What fraction, 80%? I can't believe you would clear more than GBP200k for an original Group4, even that seems very optimistic. It does show that prices for fibreglass 308's are starting to do silly things. Trade the Michelone for an F40 in two years time, Vitalone? Thoughts? Onno

05-30-2011, 07:42 AM	#2
Granucci Owner Elite Member Join Date: Jan 2007 Location: far and away Ferrari Life Posts: 5,053	I would not pay that. Guide to the Galaxy: Don't Panic Rik -- LAH ! Current: 1990 Mondial T Cabriolet : Red/Tan 1995 456 GT 2+2 : Roso Metalizzato [Fer 311/C] & Tan

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05-30-2011, 11:58 PM	#3
Vitalone Owner Elite Member Join Date: Aug 2007 Location: Amsterdam Ferrari Life Posts: 638	Interesting...I see that a 308 GTB Group B Michelotto just sold for €460,000 at Monaco on 20 May Bonhams ‘Les Grandes Marques à Monaco’, 20 May 2011: Review - Classic Driver - MAGAZINE - auctions And I think a Group 4 Michelotto with its wider body and Kugelfischer fuel injection would be worth even more. It looks like the 308GTB vetroresina could finally be closing the gap on the 246gt that currently sits at double the price. Due mainly to the rocketing in value of Michelotto versions and eligibility of good replica's for all sorts of historic events?

06-04-2011, 12:31 AM	#4
JazzyO Owner Elite Member Join Date: Feb 2007 Location: Jersey, Channel Islands Ferrari Life Posts: 4,289	Hmmm - that's news to me. Personally, I find it very surprising that a Michelotto would fetch that much, that's very close to Daytona Competizione territory. A period DayComp fetched around €450k last year in Monaco, although it was not a factory competition car but a private conversion. It's clear that the sellers of this replica want to ride on the coattails of that. As for eligibility - I'm not sure you'd get a proper HTP/FIVA card for this replica. I think it would not be eligible for the main events such as the Tour Auto. But to be fair, I"m not certain on that. Onno

06-14-2011, 07:13 AM	#5
Vitalone Owner Elite Member Join Date: Aug 2007 Location: Amsterdam Ferrari Life Posts: 638	Interestingly I see that the GBP160k Michelotto replica is marked as sold. I guess market value of a replica is tied to the increasing eligibility for historic events of the original (with consequent rising values that seem to be similar to those of the Lancia Stratos although an ex-works Stratos with period competition history would probably be worth more) and how close to the original in spec the replica is. As far as I know there were only 11 ex-Michelotto Group 4 308 GTB's and another 4 Group B Michelotto 308 GTB's as per the car sold in Monaco recently.