1977 Ferrari 308 GTB carbureted steel coupe, non-running project priced at $36,500

Why we picked it

Beverly Hills Car Club is offering this 1977 Ferrari 308 GTB in Rosso Corsa over a Marrone interior, with the carbureted V8 and a 5-speed manual. The chassis number is listed as 22733, which puts it in the steel-bodied run after the early fiberglass cars. The dealer describes it as just out of long-term storage and a non-running project. The description says 28,687 miles, but the odometer field reads 0.

The carbureted cars are the most sought-after 308s. Running US 1977 GTBs sold for $72,000 to $89,600 this year. A non-running 1981 GTBi, the less powerful fuel-injected version, recently sold on Bring a Trailer for about $37,000. At $36,500, this car costs about the same as that GTBi, and roughly 35% less than the midpoint of the project-to-driver range.

The value check

The seller is asking $36,500. Comparable cars in the same condition have sold for $37,000–$76,000, so the middle of the market is about $56,500. That put this car 35% under.

Comparable 308 project sales have run from about $37,000 (a non-running 1981 GTBi on Bring a Trailer in September 2026, reported as £27,739) to €74,750 (a 1977 GTB project at Bonhams in October 2026). Running US carbureted 1977 GTBs sold for $72,000 to $89,600 in 2026. We used $76,000 as the top of the range, so the midpoint is about $56,500.

Where the numbers come from:

• Classic Valuer: 1981 308 GTBi non-running project, BaT Sep 2026
• Classic.com: 1977 308 GTB project, Bonhams Oct 2026
• Classic.com: 1977 308 GTB, BaT Jun 2026, $76,000
• Classic.com 308 GTB market

What to check

• Beverly Hills Car Club listings often leave out title, mileage and rust details; confirm the title, the as-is terms and the real condition in person or with an inspection
• Ask for the reason it does not run; a seized engine or stuck valves after long storage can cost five figures on a 308
• The cam belts and their tensioners must be replaced before the engine is turned over, whatever the mileage
• Check for rust in the lower door skins, the front valance, the rear wheel arches and the chassis tubes
• The odometer field says 0 and the description says 28,687; check the mileage against any records
• Rebuilding the Weber carburetors and the fuel system is a standard job after long storage

Making it drive like new

With a restoration this deep, it makes sense to add modern parts that don't show: electronic ignition, an upgraded radiator with modern fans, braided brake lines, better pads, and Koni or similar adjustable shocks. An aluminum radiator and an upgraded A/C compressor make it easier to drive in hot weather. Keep the Webers and the original suspension geometry, because that is what makes a carbureted GTB valuable.