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1979 Ferrari 308 Gts Base Coupe 2-door 3.0l on 2040-cars

Year:1979 Mileage:0 Color: Red /
 Gray
Location:

Paradise, California, United States

Paradise, California, United States
Advertising:
Fuel Type:GAS
Engine:3.0L 2927CC V8 GAS DOHC Naturally Aspirated
Transmission:Manual
Vehicle Title:Clear
Body Type:Coupe
For Sale By:Private Seller
VIN: 29821 Year: 1979
Make: Ferrari
Mileage: 81,593
Model: 308 GTS
Exterior Color: Red
Trim: Base Coupe 2-Door
Interior Color: Gray
Drive Type: RWD
Warranty: Vehicle does NOT have an existing warranty
Number of Cylinders: 8
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. ... 

If you are looking for a beautiful well maintained Ferrari 308 GTS, this is the car for you. The car presently has 81,593 miles on the speedometer. This is a California car that is usaually driven to the Concorso Italiano in Monterey anuually. Otherwise it remains in the garage and is run monthly to keep all the seals in proper condition. It has a gray interior with little wear. The year 1979 was the last of the carburetor type Ferrari's. The carburetor cars have the most wonderful mellow exhaust sound. Several modifications have been added to the car to make it easier to maintain. These include:electronic ignition,battery charging points so removal of the spare tire is not required to charge the battery and an alarm system with electronic door locks. At the 78,908 mileage, the engine and transmission were removed and timing belts installed. Some faulty bearings in the transmission were replaced and new catalytic convers installed. Things the car needs: the leather hood over the instrument panel needs to be re-sewn (see photo), AC compressor needs to be repalced, the deck lid struts replaced and the windows operate very slowly. The factory tool kit and owners manual are included. This car runs great and performs well. It is a terrific buy and is priced to sell.

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Auto blog

FCA delays distribution of Ferrari shares

Sat, May 2 2015

Even if you can't afford an actual Ferrari, soon you can own a part of the famous company thanks to its upcoming initial public offering. FCA will put 10 percent of the Prancing Horse on the market in the third quarter of this year. However to reap extra money for 2015's bottom line, the rest of the sports-car maker's stock will remain undistributed for a little longer. According to Automotive News, the strategy is quite simple to understand. FCA is holding off until the first quarter of 2016 to divvy up the remaining Ferrari stock to shareholders. By doing so, the automaker gets to claim 80 percent of the Prancing Horse's profits for its 2015 financial numbers. While FCA is already showing strong results through Q1 2015, being able to add extra cash on the balance sheet is always a plus. FCA hasn't set a specific date for the IPO, but Ferrari stock was announced to be traded in the US and possibly on a European exchange, as well. According to Automotive News, FCA currently owns 90 percent of the company, and Piero Ferrari has the remaining 10 percent, which he isn't selling. Related Video:

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