Ferrari 308

Ferrari 308: Deciphering the Value of a Timeless Italian Classic

The Ferrari 308 is an iconic sports car that played a significant role in establishing Ferrari's reputation for producing beautiful, high-performance vehicles accessible to a wider audience. Produced from 1975 to 1985, the 308 series includes several variants that have become highly collectible.

Ferrari 308 Series (1975-1985)

The 308 was produced in several variants throughout its lifespan:

  • 308 GTB (1975-1980): Berlinetta (coupe) with fiberglass body (early models) or steel body
  • 308 GTS (1977-1980): Targa top version of the GTB
  • 308 GTBi/GTSi (1980-1982): Fuel-injected versions
  • 308 Quattrovalvole (1982-1985): Four-valve-per-cylinder version for improved performance

Key features of the Ferrari 308 include:

  • 2.9-liter V8 engine (carbureted, fuel-injected, or quattrovalvole depending on the model)
  • Power output ranging from 205 to 240 horsepower, depending on the variant and market
  • Striking Pininfarina-designed bodywork
  • Mid-engine, rear-wheel-drive layout
  • 5-speed manual transmission

The 308 represented a more affordable and practical Ferrari compared to its predecessors, helping to broaden the brand's appeal.

Interesting facts about the Ferrari 308:

  • It gained worldwide fame as the car driven by Tom Selleck in the TV series 'Magnum, P.I.'
  • Early GTB models had fiberglass bodies, making them lighter and rarer
  • The 308 was the first Ferrari to feature the now-iconic gated manual shifter
  • It was succeeded by the 328, which was essentially an evolution of the 308 design
  • Despite being considered more 'affordable,' the 308 was still a true performance car of its era

The Ferrari 308 remains a beloved classic, representing a golden era of analog sports cars and timeless Italian design.

Ferrari 308 - body types:

Model years for Ferrari 308 (from 2007 to 2024):

Sales Count 154
Average price € 11430
Lowest Sale € 1727
Top Sale € 31953
From
To

Filters

Sale date

From
To

Ferrari 308 1985

20.11.2024

The cost of a Ferrari 308 can vary significantly depending on several factors, as these are now classic cars with values influenced by condition, rarity, and market trends. Current market values for Ferrari 308 models typically range from:

  • €60,000 to €150,000

However, exceptional examples or rare variants can command even higher prices. Factors influencing the price include:

  • Specific model and year (GTB, GTS, GTBi, GTSi, or Quattrovalvole)
  • Condition and originality
  • Mileage
  • Provenance and ownership history
  • Completeness of documentation and service records
  • Color combination (some colors are more desirable than others)
  • Whether it's an early fiberglass-bodied GTB (which tends to be more valuable)

It's important to note that these prices are approximate and can fluctuate based on market conditions and the specific characteristics of individual cars. The Ferrari 308 market has seen appreciation in recent years as interest in classic Ferraris has grown.

As the Ferrari 308 ended production in 1985, it is not possible to purchase a new 308 directly from Ferrari. All existing 308s are now considered classic or vintage cars.

However, for those seeking a modern Ferrari with similar characteristics to the 308, Ferrari offers contemporary mid-engine sports cars. The pricing of these modern Ferraris depends on various factors, including:

  • Model (e.g., F8 Tributo, 296 GTB)
  • Engine type and performance specifications
  • Customization options and special editions
  • Advanced technology and driver assistance features

New mid-engine Ferrari models typically range from approximately €200,000 to €350,000, depending on the specific model and configuration. While these modern Ferraris offer cutting-edge technology and performance, they cannot replicate the classic appeal and investment potential of the original 308.

For those specifically interested in the experience of a 308, the best option is to purchase a well-maintained used example from a reputable dealer or through a specialist auction.

The cost of a used Ferrari 308 can vary significantly based on several factors, as all 308s are now classic cars with values influenced by condition, rarity, and market trends. Current market values for used Ferrari 308 models typically range from:

  • €60,000 to €150,000

However, this range can extend both lower and higher depending on the specific car. Key factors influencing the price of a used 308 include:

  • Specific model variant (GTB, GTS, GTBi, GTSi, or Quattrovalvole)
  • Year of manufacture
  • Overall condition and level of originality
  • Mileage (lower mileage examples command higher prices)
  • Provenance and ownership history
  • Completeness of documentation and service records
  • Color combination (some colors are more desirable and valuable)
  • Whether it's an early fiberglass-bodied GTB (which tends to be more valuable)
  • Recent maintenance and restoration work
  • Market trends and demand among collectors

Price ranges for different 308 variants (approximate):

  • Early fiberglass GTB: €90,000 - €150,000+
  • Steel-bodied GTB/GTS: €70,000 - €120,000
  • GTBi/GTSi: €60,000 - €100,000
  • Quattrovalvole: €80,000 - €130,000

It's important to note that these prices are indicative and can fluctuate based on market trends and the specific attributes of individual cars. Some exceptional examples with unique history, extremely low mileage, or in concours condition might command even higher prices.

When considering the purchase of a used Ferrari 308, potential buyers should:

  • Research the specific model's history and common issues
  • Obtain expert inspections and valuations
  • Verify the authenticity and matching numbers of major components
  • Consider the long-term maintenance costs
  • Be prepared for a market that can be influenced by factors like generational nostalgia and media appearances

The Ferrari 308 market has seen appreciation in recent years as interest in classic Ferraris from the 1970s and 1980s has grown. However, as with any classic car, values can fluctuate, and purchases should be made with careful consideration of both passion for the vehicle and potential investment value.