308 308, One year from now - Ferrari Life
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post #1 of 27 Old 04-12-2013, 07:48 PM Thread Starter
 
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308, One year from now

Hi all,

I am one semester from graduating, and following graduation if all goes well I will be able to find employment in my field and purchase my first car (technically, if I don't count a 1,500 dollar Honda which has lasted me 6 years so far and still running strong and a project 1966 Land Rover dormobile I am currently working on). I have what I would consider a 'down payment' for new vehicle, and after several former classmates of mine from either high school or college that have graduated within in the past year or two whom have mostly ended up with a new or nearly new BMW 3-series, Audi A4 and similar vehicles which I believe are all excellent vehicles but I am leaning towards a 1976 or 1977 308 instead of a new car.. and sticking with a 'beater Honda' for winter months

Ideally my first choice would be a 1975/76/1977 308 GTB fiberglass, but price may be an issue
My second choice would be an early carberuated 308 GTB steel body, from what I understand were produced 1976 throughout 1977 (please correct me if I am wrong)
And although it might be a sin, but if I were to purchase a steel body I would prefer any color than red. If a fiberglass GTB were to become available, the color in my opinion would not make a difference.

I realize my criteria might be considered fussy, but I would rather be patient and find a vehicle I truly want rather than purchasing the first 308 I come across

I apologize for rambling, but I am writing this post in regards to suggestions for places, whether dealers or individuals, that Ferrari Life members may have perviously purchased their Ferrari from and would recommend as reputable.
Although I am at least one year ahead of myself I would like to keep track and follow current sales and watch the market.

Thank you all for taking the time to read my post,
Jonathan

Last edited by denali; 04-12-2013 at 09:24 PM.
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post #2 of 27 Old 04-12-2013, 09:52 PM
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Jonathan- They were still building 308s with carbs in 1980. Go to ferraridatabase.com and download some 308 owners manuals. The date of the manual will give you a pretty good idea of when production started for each model. ie 308 GTBi/GTSi 186/80 tells you they started building the injected model in 1980 and earlier cars were carbed.

With Ferraris that old, the best source is going to be a private owner or a marque specialist. Really requires an expert inspection because all Ferraris until 1983/4 were really susceptible to rust. The door panels on my 78 GTS rusted out in about three years. Euro GTBs had dry sumps up until carb production ended, so they are pretty desirable.

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post #3 of 27 Old 04-12-2013, 10:48 PM Thread Starter
 
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Tazandjan; Thank you for your reply. Ferraridatabase.com is an excellent resource, definitely a 'newbie' mistake on my part not to refer to it to determine the exact correct years carbureated 308's were produced so I thank you.

The potential for rust does concern me, I see enough of it being from Wisconsin. I do know that I would not consider purchasing a Ferrari without a PPI.

I'm not sure if I am shooting for the moon with the criteria of what I would ideally like to purchase.

Any input at all would be greatly appreciated.

Jonathan
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post #4 of 27 Old 04-12-2013, 10:55 PM
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Jonathan- In the US, the 76 and 77s were precat cars and the 78s came with cats. Nothing wrong with your criteria if that is what you want. Just cuts down the odds because there are a lot of red cars out there. My 78 Euro GTS was red with black.

Taz
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post #5 of 27 Old 04-13-2013, 07:58 AM Thread Starter
 
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Tazandjan; If you do not mind me asking, how long did you own your 78 GTS? I would be interested in an owners perspective regarding rust issues. Obviously you said your door panels rusted out quickly, did you repair or have the doors repaired? Did you have rust issues on the chassis or other components?

Jonathan
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post #6 of 27 Old 04-13-2013, 11:05 AM
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Jonathan- Had her for three years 1981-1983. Both door skins rusted through in the 81/82 timeframe and I had the skins replaced. No other rust damage that bad. Ferrari did a terrible job with sealing and draining the doors.

Taz
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post #7 of 27 Old 04-13-2013, 02:29 PM Thread Starter
 
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I realize prices may change within one year, but from the research I have done prices seem to range from 40,000 up to 60/65,000 for a fiberglass 308 although I have not found a fiberglass for sale currently.

Is 40/45,000 a realistic price point to purchase a fiberglass 308? I have not be able to find production numbers regarding wet versus dry sump fiberglass 308's but I am sure a dry sump fiberglass 308 top marks when it comes to a Ferrari 308. Any comments or suggestions greatly appreciated.

Jonathan
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post #8 of 27 Old 04-13-2013, 09:25 PM
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Jonathan- Beats me. Maybe some of the current 308 owners can help. The big disparity in 308 prices is strictly based on condition. There is one $100K+ 308 running around here on the site, featured in Forza magazine, and it is way nicer and faster than anything the factory produced.

Taz
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post #9 of 27 Old 04-15-2013, 04:56 AM
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308s have been fully depreciated for a while. Prices for decent cars don't tend to fluctuate all that much. Fiberglass cars are at the upper end of 308 values and IIRC they were all dry sump. In fact all GTBs I beleive were dry sump cars up through 1981. GTSs were wet sump. Last fiberglass car I know of sold for about $70,000 a few years ago. Not saying you can't find a fiberglass car for $40-50K it's just not likely. With only 712 made most folks know what they have.

Current: 85' GTS QV
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post #10 of 27 Old 04-15-2013, 10:12 AM
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What they do in the States, I don't know, but last weekend a nice but not great fibreglass sold in Holland for €80k (US$105k) and that is not at all a strange price. It would be very difficult now to find a half decent one under $90k in Europe.

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post #11 of 27 Old 04-15-2013, 11:45 AM Thread Starter
 
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Barcheta,
Thank you for your reply. I was unaware that pre-1981 GTB cars were all dry sump.

Onno, Thank you as well for your reply. I am quickly realizing a fiberglass 308 is likely out of reach.

I believe I will focus on finding a pre-1978 or pre-1980 GTB steel body dry-sump 308.

Thanks again to everyone for the replies.
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post #12 of 27 Old 04-15-2013, 12:23 PM
 
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I owned a 1977 USA 308 GTB. it was wet sump. i think all euro GTBs were dry sump but US cars were wet sump.
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post #13 of 27 Old 04-15-2013, 12:29 PM
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JB- US fiberglass cars were wet sump. European 308 coupes had dry sumps until 1980. Spiders had wet sumps. Just asked the owner of a US spec glass car the same question, wet sump.

Greg- Replied at the same time.

Taz
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Past: Dino 246 GT 02984, 365 GTB/4 14009, 308 GTS 25125

Every day I look around, and if nobody is shooting at me, it is a pretty good day.

Last edited by tazandjan; 04-15-2013 at 09:36 PM.
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post #14 of 27 Old 04-15-2013, 04:06 PM
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Good to know guys thanks!

Current: 85' GTS QV
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post #15 of 27 Old 04-16-2013, 09:15 AM
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I still believe the 308 QV's are the best option, less worries, better performance, rust treatment since they are after '81..am I correct ? and I believe even better treatment from '83, and if a later model has a little rust it is easy to rectify ?

thoughts ?

Rgds
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post #16 of 27 Old 04-16-2013, 01:43 PM
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Jonathan, my good man!

Go wet sump and carb and don't worry about the colour. Getting the right car matters more, then you paint it in your preferred colour. If you find a vetroresina you must find the means to buy it, even if it means begging like a worm for a loan. You have a looooong life in front of you to repay.

You will thank me for this advice some day. Now go crazy!

Salve,
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post #17 of 27 Old 04-16-2013, 02:54 PM
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I could not put it better than Capo. The vetroresina is the 308 to have, preferably the full-bodied 255 hp dry sump Euro version.

David

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post #18 of 27 Old 04-16-2013, 05:01 PM Thread Starter
 
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JohnnyTS; Thank you for your reply. The QV as far as I know do have better performance and I believe you are correct with much improved rust treatment after 1983.
Although the QV might be the more logical choice, especially for someone who has never worked on a Ferrari before but there is something intriguing about a carbureted Ferrari that I can't seem to get over.


Capo and Vitalone; Thanks for the replies.
I think that I am over my initial want of a non-red Ferrari, color doesn't make the car. I intend to keep my sights set on a vetroresina and hopefully in a few years from now I will be writing you a thank you message!

Thanks again everyone for the replies!
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post #19 of 27 Old 04-16-2013, 09:13 PM
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I must admit Jonathan, you are very "Old School " for you age,

I like what you are dreaming for..

go for it !
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post #20 of 27 Old 04-17-2013, 06:35 PM
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Quote:
Originally Posted by JohnnyTS View Post
I must admit Jonathan, you are very "Old School " for you age,

I like what you are dreaming for..

go for it !
I agree, Johnny.

Jonathan, good luck in your search. Patience is a virtue. It takes a while to find the right one.

Barry
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