It seems like lately everyone is dragging their Ferrari 308 projects out of the garage and putting them up for sale. That’s not a bad thing, as this is one of the last affordable Ferraris. The classic looks and the still-stirring performance make this an appealing choice if you’ve got the budget or the skills to handle the engine-out servicing they require but don’t want to take the chance on buying a perfect one in the event the classic car market takes a dip. This 308 GTSi has been in storage since 2018 and will need a proper reconditioning, and is offered here on eBay for $47,500 or best offer.
Similar to an aircraft, you generally want to buy a Ferrari – any Ferrari – with records. This 308 does not come with any books or documentation that proves the engine has been removed in recent years for the all-important belt service. In fact, one could even surmise that the looming belt service is what put it into storage to begin with. I could see an enthusiast getting into a project-grade 308 for reasonable money and then realizing the hard way that there’s no such thing as a cheap Ferrari. Fortunately, the paint appears to be in pretty good shape with the seller noting there is some light bubbling at the base of one of the doors.
The interior will need proper reconditioning as well, although you could live with the tattered seats for a spell as your priorities should absolutely be focused on the drivetrain. The 308 appears to remain bone-stock inside, all the way down to the standard three-spoke steering wheel and what may be a factory radio. The center console retains the standard switchgear and the instrument cluster is OEM-correct as well, showing just over 43,000 miles. The door panels and dash appear to be in fair condition, but everything here needs replacement or restoration if a Concours 308 is your goal.
The engine bay looks to be bone-stock but it is quite dirty and generally unkempt. While it may be appealing to get into a cheap exotic, there’s so much risk here that you’re buying a ticking time bomb. If nothing else, it will never be as cheap as you want it to be. The seller doesn’t report on whether the engine is displaying any signs of internal damage, simply reporting it hasn’t been run up since 2018. The prospect of owning a Ferrari 308 that isn’t a kit car may be quite tempting to some of us, but close to $50,000 for a needy, non-running 308 will take a special kind of Ferrari fan to justify. Would you take it on?
Buy it for $10,000,then park it in your driveway,
just to impress your neighbors.
EVERYBODY would buy it for 10k$
that is the issue, it’s probably worth more but at 10k$ a lot of hobbyists could and would enjoy bringing it back….however it is a hard swallow at near 50k$
“A special kind of Ferrari fan..” who is extremely rich or extremely masochistic.
The engine does not have to be removed for a belt service on a 308,328,or Mondial.
Don’t you feel like a broken record? I’m just going to stop trying ….
…glad to see at least one person dispels the scary myth…
But you might as well pull it for clutch assembly
not really, as the whole drop box will come out from the side, allowing the clutch change with the engine in as well.
not really: http://birdman308.com/service/clutch/308_clutch_replacement.htm
That rear bumper! No wonder it was locked away in a garage.
This is pretty rough. Who treats a Ferrari like this?
My neighbour abuses his 2006 Ferrari.
Keeps it outside all weathers and sometimes doesn’t clean it for months.
Sometimes it comes home smothered in mud like it’s been driven down a farm track at speed.
Money is wasted on the rich. People who actually work for their money take better care of things. Is this guy a hard worker, or did he get it all given to him?
Hi Squigly, it won’t let me reply so hopefully you see this.
I don’t know the source of his money at the point he bought the car as he was living there before me.
However he does appear to be a grafter in his defence.
Have seen him in a work van going to work.
Part of me is envious but an equally large part of me would worry so much about the costs to run. It does break down 2 or 3 times a year that I am aware of.
Grafter can afford an Italian supercar? Makes no sense. Oh well. At least I will never have those problems. Despite being retired from what I assumed was a lucrative career, a Ferrari will never grace my garage floor. Though I can say that I am darned good at piloting an F-111. Something most Ferrari owners can not say.
I agree it is strange.
It’s a constant discussion point in our house.
I guess if you have a passion for something you find a way to get the money together. It’s probably a $120,000 car now but he has had it roughly 4 years I am aware of.
When I was younger and wealthier (pre children) I used to have pretty decent cars and I always saw myself driving an Aston or Bentley by now but put money into property instead and drive older cars.
The main reason being I just got scared of big bills. The cost of repairs on exotics could break me and I just don’t see the worth or want the worry.
Never thought I would be like that.
An F111 pilot is seriously impressive thing to have as a career. Aircraft are another passion of mine.
Did you ever fly to the U.K.? I saw a few F111 in the 90’s at Upper Heyford.
UK Paul. The UK was my station for most of my years in the military. Then I took all that tax payer funded flight training and hours in the air to United. Back then, most of us were old bomber pilots who sold our souls for an upper middle class lifestyle. Not that way anymore, and that is a shame. I will say it is better to fly people than drop nasty bombs, though there were a few passengers over the years that I wouldn’t have minded dropping out of the fuselage. You have a beautiful country full of nice people. Haven’t been back there in years but I should make it a priority to visit.
Is there a body kit to make this look like a Fiero?
I’m kidding! I’m kidding!
Wow, another one that ended.
Money is wasted on the rich. People who actually work for their money take better care of things. Is this guy a hard worker, or did he get it all given to him?
Hi Squigly, it won’t let me reply so hopefully you see this.
I don’t know the source of his money at the point he bought the car as he was living there before me.
However he does appear to be a grafter in his defence.
Have seen him in a work van going to work.
Part of me is envious but an equally large part of me would worry so much about the costs to run. It does break down 2 or 3 times a year that I am aware of.
I agree it is strange.
It’s a constant discussion point in our house.
I guess if you have a passion for something you find a way to get the money together. It’s probably a $120,000 car now but he has had it roughly 4 years I am aware of.
When I was younger and wealthier (pre children) I used to have pretty decent cars and I always saw myself driving an Aston or Bentley by now but put money into property instead and drive older cars.
The main reason being I just got scared of big bills. The cost of repairs on exotics could break me and I just don’t see the worth or want the worry.
Never thought I would be like that.
An F111 pilot is seriously impressive thing to have as a career. Aircraft are another passion of mine.
Did you ever fly to the U.K.? I saw a few F111 in the 90’s at Upper Heyford.
I see now this is the same place that has the VW powered 911.
Last of the affordables ???? I remember at least 15 years ago, a guy rented a little “v” split of property in the west side of the city where two streets converged into a one way. He put a couple jags, and some porsche cars and the center piece was a silver 308 GTSi, which he drove around a lot.
it had over 100k miles on it, listed for $29,999. I really wanted it, but just didn’t have 30k for a well used 100k mile car, sigh and now they are over 50 in this shape. I have read a lot of Ferrari forum posts, and feel I could work on one of these, but not after laying out $50k + :-(
This listing was ended by the seller because the item is no longer available.
Ended: Jun 23, 2022 , 10:15AM
Price:
Located in:Dallas, Texas