This 1983 Ferrari 308 could be a bargain for classic car investors

In this week's Paul Says... column, he talks about entry-level classic car investments and cites the Jaguar E-Type - which Enzo Ferrari once called "the most beautiful car in the world" - as a great example.

E-Types, you may be surprised to learn, can be acquired on the classic cars markets for as little as £25,000.

This is remarkable considering the prices its era's rivals like the Aston Martin DB4 and DB5, Ferrari, AC and Maserati can sell for.

But the good news is that E-Types aren't the only bargains out there on offer to you - and collectors will have a chance to bid on another at Historics at Brooklands' upcoming September 25 auction...

A great entry-level investment: the 1983 Ferrari 308 GTS QV 

Among the star lots is this right-hand drive 1983 Ferrari 308 GTS QV finished in rosso corsa coachwork.

Evolved from the 308 GTB, which debuted at the 1975 Paris motor show as a replacement for the 246 Dino, this '80s classic carries an £18,000-£25,000 pre-sale estimate.

The automobile's features include a steel body - which replaced fibreglass after its first two years of production - and a tube frame chassis similar to the original Dino.

The car is fitted with a deep front chin spoiler and a set of aftermarket split rim alloy wheels, while the original Ferrari wheels are supplied with the car.

Under this 1983 model's bonnet is a Quattrovalvole (QV) engine, introduced in 1982, which features four valves per cylinder and a power increase to 245bhp at 7000 rpm.

Bottom right: the Ferrari's Quattrovalvole (QV) engine

This was up from the 214bhp of the earlier 308 GTBi engine. The car's performance also boasts an impressive 0-100 mph in 14.30 seconds and a top speed of 156 mph.

According to the car's records, it was supplied new on May 24, 1983, by Maranello concessionaires to a Mr Wallis of Devonshire Place, London W1.

The car was maintained by Maranello until 1986 when it was serviced by official agents Modena, returning to Maranello in the early 1990s and more recently by specialists Terry Keys motorsport.

The Ferrari 308 was introduced to replaced the 246 Dino (pictured)

A full service was carried out by Terry Keys motorsport in 2008 and the car will be freshly serviced before the sale with a new set of cambelts by GTO racing.

This well presented QV is also supplied with a near complete run of MoT road test certificates and full documentation, including a current certificate valid to August 5, 2011.

Watch this space for more news on the auction.


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