Find or Sell Used Cars, Trucks, and SUVs in USA

1978 Ferrari 308 Gtb Beautiful Car With Known Provenance on 2040-cars

Year:1978 Mileage:50944 Color: Red /
 Tan
Location:

Iowa City, Iowa, United States

Iowa City, Iowa, United States
Advertising:
Transmission:5 speed Manual
Body Type:Coupe
Vehicle Title:Clear
Engine:V 8 DOHC
Fuel Type:Gasoline
For Sale By:Private Seller
VIN: F106AB24989 Year: 1978
Number of Cylinders: 8
Make: Ferrari
Model: 308
Trim: 308 GTB
Options: Cassette Player, Leather Seats
Drive Type: RWD
Power Options: Air Conditioning, Power Windows
Mileage: 50,944
Sub Model: coupe
Exterior Color: Red
Warranty: Vehicle does NOT have an existing warranty
Interior Color: Tan
Condition: Used: A vehicle is considered used if it has been registered and issued a title. Used vehicles have had at least one previous owner. The condition of the exterior, interior and engine can vary depending on the vehicle's history. See the seller's listing for full details and description of any imperfections. ... 

 I have owned and loved this 308 for almost 20 years . I named her "Starlet" because she looks perfect but if you look really close you can see she has a couple of flaws.

Exterior

  • Sparkling , mostly original Ferrari red paint. Like many early Ferraris the paint shows some crazing but there is no damage and no rust.
Interior
  • The tan leather seats are soft and supple. Over the years I have cleaned, treated and rubbed them with proper materials and dyes to keep them just right with a little patina. No tears in the leather.
  • The carpets, headliner,door panels and dash are original and in excellent condition.
Wheels /tires
  • 15 years ago I had the wheels professionally refinished and they are in excellent condition. Tires are 9/32 tread and the spare has never been on the ground.
Electrical
  • All gauges including the clock work as designed. 
  • Power windows and antenna work properly. 
  • All lights work to factory standards and pop up headlamps pop up! 
  • Original radio and speakers sound great. (Motor makes better music, especially the sound of the Weber carbs "on song!"
Mechanical 
  • Engine runs smoothly-starts right up with 2 pumps of the gas pedal.
  • Gearbox shifts properly, strong synchros
  • Clutch engages properly with no chatter or slip
  • New Koni shocks (front) at 46,107 miles
  • Major service (45 K) at 48,067 miles
  • Fluids are fresh after her winter slumber
  • A/C operates but is cool, not cold.
Misc.:
  • Books, tools, tool bag, keys-they are all there. 
  • Original owners manual properly filled out by selling Ferrari dealer.
  • Custom fitted car cover included.

Flaws:
  • As I mentioned, the paint has some crazing. It has not changed in all the years I have owned the car and since it looks so beautiful I have never had the desire to change the paint that Enzo put on in 1978. 
  • Zipper in rear cargo area is broken. 
  • The outer window seals on doors are frayed but they seal fine.

The 308 is a great entry level exotic . It is very easy to work on and plenty of parts available from quality sources. The key is to find a 308 that has led a "good life". This car was sold new by a good friend, John Weinberger, who owns Continental Motors in Chicago. The ownership trail is complete and the car has had loving care from day one. All the little things-the books, the keys, the unmolested interior-even the original chalk marks on the underside of the front lid and the engine cover show evidence of ownership pride.

I predict in the future these cars will follow their Ferrari brothers into true collector status. The 246 Dino is a great example. Just used Italian cars a few years ago and now $300,000 valuations are commonplace. Many experts will tell you the 1976-1979 carbureted cars  are the most desirable. Some people like the Targa roof but I found the GTB to not only fit me better ( I am 6"3") but it is a more beautiful pure design.

************* You can see more photos on my flickr stream at  http://flic.kr/s/aHsjF9bZCp  **************

I am selling my Starlet to "invest" in vintage racing. I have had almost 20 years to enjoy her and I hope she goes to a good home. I have tried to describe the car to the best of my ability. It is for sale in several areas and I reserve the right to end the auction early. Contact me if you have questions or would like to inspect the car.- 319-631-3829.
The winning bidder will submit a $500 non refundable partial payment via Paypal. Payment in full by wire or certified check is due within 7 days of the close of the auction.





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Ferrari family won't sell stake in company

Thu, Feb 19 2015

Ferrari may be splitting off from the Fiat Chrysler Automobiles group and launching its IPO independently, but those stocks it's going to float are coming out of Fiat's hands. The small portion still held by the Ferrari family looks destined to stay in their control for the time being. According to the latest report from Reuters, Enzo's son Piero says he has no intention of selling any of the 10 percent interest he and his family hold in the company founded by his late father. "I have never sold and I have no intention of doing so," said Piero, as quoted in the report. Piero Ferrari is the illegitimate son of Enzo Ferrari and his mistress Lina Lardi. His half-brother Dino died in his twenties from complications associated with muscular dystrophy, and in accordance with Italian custom, Piero was only acknowledged as Enzo's heir after the death of the father in 1988. Representing the family's holdings, Piero still acts as vice-chairman of the company but devotes his day-to-day to running aerospace manufacturer Piaggio Aero. News Source: ReutersImage Credit: Marco Vasini/AP Earnings/Financials Ferrari stock piero ferrari

Daytona decision reversed, Level 5 Motorsports reinstated as class winners [w/video]

Mon, 27 Jan 2014

After its first ever race at the Rolex 24 at Daytona, we can already tell that there should be plenty of excitement in the newly formed United SportsCar Racing series. Of the four competing classes, three of the winners came down to close last-lap performances, but perhaps none were as close - or controversial - as the GT Daytona (GTD) winner. Spoiler alert.
Midway through the infield portion of the Daytona International Speedway, the Level 5 Motorsports No. 555 Ferrari 458 Italia was trying to hold onto its first-place position over the Flying Lizard Motorsports No. 45 Audi R8. The R8 took an aggressive line trying to pass the Ferrari, and it ended up running out of track and driving off the course momentarily. International Motor Sports Association (IMSA) officials originally thought there was avoidable contact on the Ferrari's part and penalized the team accordingly, which meant Flying Lizard was the class winner. After watching the video replay, though, it was clear that there was no contact between the two cars. Officials overturned the ruling, rightfully giving the Level 5 Motorsports team the Rolex win.
A brief statement from IMSA is posted below regarding the matter, and we've also included a full video recap of the race from FOX Sports where you can see this GTD incident starting at the 2:30 mark.

Ferrari vetoes F1 engine supply cost cap

Thu, Oct 29 2015

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