[Ferraripete]

Originally Posted by McLovin

If you know the cars, the market, how to buy and sell cars, can DIY the repairs and have a decent touch, it's not hard to do that.

I had my last one for 4 years and made money on it. Bought for $34K, sold for $45K, did nothing except regular maintenance, chase some oil leaks, and some minor repairs.

It's in the buying and selling. The 80s V8 cars can be very, very hard to sell, a real pain. There's a LOT of buyers with "a little" knowledge about the cars (most of which was learned fourth hand on the Interweb), which is the worst kind of buyer to have. Most of these cars tend to sit on the market for a long time, too.

So it's pretty much the opposite of selling a 911, where you have a high knowledge base and lots of people willing to pull the trigger very quickly on good deals.

the best examples always sell quickly and 308's are now getting loved again and it is being reflected in valuations.