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1980 Ferrari 308 Gts on 2040-cars

US $38,000.00
Year:1980 Mileage:23930
Location:

Bacova, Virginia, United States

Bacova, Virginia, United States
Advertising:


  I've decided to sell my 1980 Ferrari 308 GTS.  I've owned it for ten years and put less than 300 miles a year on her.  It has been in my enclosed garage with a car cover over her to keep the dust off the paint and only driven when the salt and gravel is off the roads in the spring , summer time and fall. As far as I know this car has had three owners.  The first in California, the second in Flordia, then myself.  The second owner let the car sit for over eight years and I had to replace all the belts and hoses as a result.  I have recently done the 30K mile major service and have the paperwork.  The 30k mile service was a replacement of all the belts and hoses, plugs, filters.  The most important was the changing of the timing belt as well as the bearings on the timing belt pulleys.  You do not want either of those two things to fail because the value of this car is in the motor.  This car has been a pleasure to own once I got the bugs worked out from sitting so long.  It's a pleasure to drive on a sunny day with the top off.  The motor lopes at idle like a heavy cammed race car. It's exhaust note sings to you going down the road, I've never had the need to turn on the radio. The car has 23,930 miles currently, do the math it is a 1980! The tires are in good shape and the spare is the original. 
  The paint is Ferrari Red, Rosso Corsa and shine like new.  Since the 1920s Italian race cars of Ferrari and Abarth have been painted in rosso corsa ("racing red"). This was the customary national racing colour of Italy as recommended between the world wars by the organisations that later became the FIA. The paint is not perfect, but if it was you would worry about driving it rather than enjoying the ride.  Nothing is bad about the paint, just small chips from normal driving.  No one ever notices they are there but myself being the owner, I know they are there because I wash it by hand.  The windows are slow to go up, but this is a problem on all 308s.  The original leather seats were replaced by the second owner with Recaro racing seats of the time period.  I wanted to replace them but the longer I owned my car, the more I liked them.  The radio is an Alpine cassette player also from the same time period. 
  The Pininfarina-styled 308 GTB was introduced at the Paris Motor Show in 1975.  It was designed by Leonardo Fioravanti who had been responsible for some of Ferrari's most celebrated shapes to date such as the Daytona, the Dino and the Berlinetta Boxer. The 308 used elements of these shapes to create something very much in contrast with the angular GT4 2+2. The GTB/GTS was a 2-seater with sweeping curves and aggressive lines, and has become one of the more recognizable and iconic cars produced by Ferrari to date.  The targa topped 308 GTS was introduced in 1977 and was made famous on the television series Magnum, P.I.. The lines are beautiful and is a rolling work of art.  I look at the designs of the modern Ferraris and I can still see the styling influences from these 308s.  The air intakes on the sides behind the doors are functional and forces cool air into the three liter eight cylinder engine.  This is a high revving freewheeling motor that does not red line until almost eight grand.  When you keep the RPMs up it produces lots of power.  1980 was the first year a Bosch K-Jetronic mechanical fuel injection was used.  1979 and older 308s have weber carburetors that take constant tinkering to keep tuned.   My car is a targa-topped Ferrari 308 GTS (“S” for spyder). This has a removable center roof section covered in black vinyl and used louvered panels in place of rear quarter windows.  Horsepower of U.S. cars dropped to 205 because of ever-tighter emissions in the USA.  The Ferrari 308, is immensely popular, it is a rare and beautiful car. It is as close to a work of art as any modern car can be.  It is, after all, a Ferrari. 
  The retired owner of the Ferrari dealership in Youngstown, Ohio helped me locate this car and buy it in Tampa, Flordia.  He put my in touch with a guy in California that made me a new set of wheels for her.  He was licensed to use the Ferrari logo on the wheels.  The wheels on her now are the stock wheels, I have just never made the move to buy the new tires and change the wheels.  The wheels for the back are a little bit wider so I could put a little wider tires on and then fit correctly.  The wheels cost me over two thousand dollars, shipped at the time and are NOT included with this auction unless the buyer selects the buy it now option.  I will however give the winner the chance of buying them first before I sell them outright.  If I kept this car I would start redoing the leather inside.  It is dirty and shows its age.  Other than that I'm happy with her as she sits.  I've been pricing these cars on EBay and I do not see them selling for less than 30K anymore.  These cars just keep going up in value.  Now is the time to buy, you will never be sorry you bought one.  Just keep it in good shape and make money down the read while you enjoy the experience of owning a Ferrari.  I will be sad to see her go, but I'm interested in other things now a days.  I'm starting the auction for less than 30K, I will let you guys decide the value of this timeless classic.  This car is available locally and I reserve the right to stop the auction at anytime.  I will however not stop in auction if anyone bids.  I prefer the winner to pick up the car in person, but will work with you if you prefer to have it shipped.  A $500 dollar non refundable down payment  will be required to be paid at the end of the auction by PayPal and the balance paid when picked up or shipped.  I require the car to be picked up two weeks after the auction ends.  I will work with you but will not get into storing the car for long periods of time.  Please pay in cash, it's less of a problem that way.  The title is clean, clear and in my hand.  Good Luck in bidding on a super fun to drive Ferrari!

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Ferrari to list stock on Italian exchange

Mon, Nov 23 2015

Ferrari announced Monday it will list its stock on the Mercato Telematico Azionario – the main section of the Borsa Italia stock exchange in Milan. The news comes a little over a month after the exotic automaker launched its initial public offering on the New York Stock Exchange. The company's stock listings are the culmination of a long process that dates to the merger of Fiat and Chrysler, if not earlier. Once the two auto giants came together, they merged their brand portfolio under one umbrella, incorporating the Dodge, Ram, Jeep, Alfa Romeo, and Maserati brands, as well as Mopar, Lancia, Fiat Professional, and the Fiat and Chrysler brands themselves. Ferrari, however, was deemed a separate entity, even after FCA chief Sergio Marchionne wrested control of the Maranello-based outfit from longtime chairman Luca di Montezemolo. Almost exactly one year after FCA launched its IPO on the NYSE, Ferrari did the same. Nine percent of its common shares were listed under the symbol RACE. Another one percent was offered to the listing's underwriters. Ten percent remains in the hands of Enzo Ferrari's family, led by his son and company vice-chairman Piero Ferrari. And the remaining 80 percent will be distributed among FCA's shareholders. FERRARI APPLIES TO LIST SHARES ON MTA Ferrari N.V. (NYSE: RACE) and FE New N.V.1 announced today the filing of the application for the listing, in connection with the planned separation of Ferrari N.V. from Fiat Chrysler Automobiles N.V., of the common shares of Ferrari on the Mercato Telematico Azionario organized and managed by Borsa Italiana S.p.A. Maranello, 23 November 2015 1As part of the separation, Ferrari N.V. will be merged into FE New N.V. which immediately before the merger will hold the shares in Ferrari N.V. now held by Fiat Chrysler Automobiles N.V. FE New N.V. will then be renamed Ferrari N.V., and its common shares will be listed on the MTA and the New York Stock Exchange.

1962 Ferrari 250 GTO with $45M estimate most expensive car offered at auction

Wed, Jun 20 2018

Not long after a 1963 Ferrari 250 GTO was sold for a staggering $70 million, another is coming up for sale. At RM Sotheby's Monterey sale in late August, a 1962 250 GTO carries a pre-auction estimate of more than $45 million. Reportedly all original 250 GTOs built between 1962 and 1964 have survived, and they are all worth serious money. This 250 GTO, chassis number 3413GT, started its life as a works car tested by American racer Phil Hill at the 1962 Targa Florio road race. The third one built in a 36-unit production run, the car won numerous races in the hands of its first private owner, Edoardo Lualdi-Gabardi, who won the Italian National GT championship with it. Later on, Gianni Bulgari of Bulgari jewelry fame continued to race the car, and miraculously it was never crashed, nor did it have to discontinue a race. Despite that, 3413GT received a new, Series II specification body by Carrozzeria Scaglietti in 1964. The Ferrari was last sold in 2000 for an already respectable $7 million, and it wasn't stowed away for two decades: it's been seen at countless classic events and vintage races. RM Sotheby's says the car has been maintained in "highly original" condition, and it will be interesting to see how it performs at the auction, compared to a previous 250 GTO auction record of $38 million in 2014. At the very least, 3413GT's estimate makes it the most valuable car ever put up for auction. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Featured Gallery 1962 Ferrari 250 GTO auction Image Credit: RM Sotheby's Ferrari Auctions Car Buying Racing Vehicles Performance Classics RM Sotheby's ferrari 250 gto 1962 ferrari 250 gto ferrari auction

Ferrari Enzo successor caught testing again

Fri, 25 Jan 2013

Although we're still not really sure what Ferrari plans to call its long-awaited successor to the Enzo, we're certain that this is going to be one mean car. We've heard that it will be called the F150, F150 Italia and even the F70 over the last year and a half. Regardless of its name, this guppy-faced prototype you see above is Ferrari's answer to the McLaren P1 and Porsche 918 Spyder with a rumored 900-horsepower hybrid powertrain.
Since the last time we saw this car testing, the only difference appears to be that the exhaust outlets now may be closer to production form, with dual pipes on each side sitting up higher in the fascia. Aside from that, these shots are much clearer and at a better angle allowing us to get an idea of what the final product might look like. We do see some of this car's details such as the headlight placement and shape similar to the 458 Italia and the massive brakes with drilled carbon ceramic rotors.
No word as to when we might see the production version of the car, but Ferrari did tease a couple photos of it last month and is much further along than spy shots we saw less than a year ago.