Every Thursday, we’re tracking the values of the most popular classic cars on the UK market. Thanks to our friends at Classic Car Weekly, we can focus on one car and compare its values from 2005 to today – and then anticipate where they will be in 2025. This week, we analyse the Ferrari 308 GTB – one of Pininfarina’s finest designs, and the definitive junior supercar of the 1970s. Classic Car Weekly’s editor David Simister explains.
FERRARI 308 GTB – THE CURRENT SITUATION
If watching old episodes of Magnum PI during lockdown have inspired you to start flicking through the cars for sale ads then here’s some good news – prices have risen over the years, but they’ve seemingly plateaued. The general rule of thumb with 308s is that the earlier the derivative, the more sought-after it is, even though the later fuel injected and 32-valve cars are more usable and better all-round propositions. But that’s the Ferrari way!
But the real distinction in prices here is between the much rarer, glassfibre-bodied cars from the first two years of production and their steel-bodied successors. Both have shot up in value over the past 15 years, with the price gap between the two now becoming even more pronounced. You can see the numbers in the tables below.
FERRARI 308 GTB VALUES – STELLAR RISES, NOW STABLE
The 308’s stellar price rise is due to a combination of being fuelled by years of the classic market strengthening, and a generation of buyers that grew up lusting after mid-engined 1970s and ‘80s supercars and competing to buy them. Values have actually started to slip back a little after years of rises, as the market leans towards enthusiasts and investors move elsewhere.
FERRARI 308 GTB PRICE TRACKER
Price movements have slowed in recent years, which is no bad thing if you’re looking to buy. Like most Ferraris, the values have peaked and started to subside as the market makes adjustments after coming close to being superheated through the 2010s in the wake of the 2008 banking crisis that saw investors moving into blue chip classic cars.
Below are the typical prices for a Condition 2 example between 2005-2025.
Steel bodied
2005 £25,000
2010 £30,000
2015 £70,000
2020 £55,000
2025 £50,000 (anticipated)
Glassfibre bodied
2005 £35,000
2010 £50,000
2015 £110,000
2020 £100,000
2025 £95,000 (anticipated)
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