A youngtimer is a car that is not yet old enough to be considered an oldtimer (classic car), but it has reached a certain age and is desirable among collectors and enthusiasts. Although there is no fixed definition for what constitutes a youngtimer, they are generally considered to be cars that are at least 20 years old but not yet 30 years old. Oldtimers, on the other hand, are typically vehicles that are over 30 years old and in their original condition. Antique cars need to be at least 45 years old, although this can vary from country to country. Pre-war cars cover the years from 1919 to 1930. 
 
Such cars are very popular in Europe and North America. Since they are considered collector's items, insurance premiums are usually lower compared to modern cars, even though they can be more dangerous to drive. 
 
High return potential 
Automotive investments have achieved an average annual value appreciation of over 11% over the past 10 years. 
 
Rarity 
In the past, these cars, which are now in great demand, were built very little. For example, only 1400 examples of the legendary 300sl Gullwing were built. According to the Knight Frank 2023 index, classic cars have seen significant appreciation, with a 185% increase over the last decade. 
 
Market Growth 
Statista estimates the global classic car market revenue to be 30.9 billion U.S. dollars and its expected growth to be 8.8 percent annually until 2024.

Brand

Model

Registration date

Motor

Kilometer

Power

Transmission

Condition

Splint Invest Platform Fee 
Compensation for the tokenization of the assets, the maintenance as well as the further development of the application and the costs related to the research and maintenance of the expert network. 
 
External maintenance costs 
We are committed to providing the highest standards of storage, maintenance and insurance of your equipment on your behalf. The associated costs will be shared between the splint holders and included as an ongoing cost in relation to each asset. So if you own 1% of the car, your splint account will be charged 1% of the associated costs. Further details and breakdowns are listed in the factsheet for each investment. 
 
Exit fee 
When you sell an investment, you will be charged a flat fee of 2% of the transaction volume. This includes our expenses for sales on the secondary market, our costs for maintaining this market and our organisation of an asset sale at the end of the contract.

Why the Ferrari 308 GTS?

Hagerty aptly describes the Ferrari 308 as "a scarlet-red (and it was always scarlet ‘rosso’ red) heaven-sent masterpiece that was lusted after in its time and became even more desirable after appearing as the car of choice for Magnum P.I., the Hawaiian-shirt-wearing private investigator played by Tom Selleck." This cultural association has significantly enhanced its allure and collectability, cementing the 308 as a truly iconic Ferrari. The design of the Ferrari 308 is the work of Pininfarina’s Leonardo Fioravanti, the brilliant mind behind the original 206/246. Fioravanti’s eye for aesthetics and aerodynamics resulted in a car that is often hailed as one of the most beautiful Ferraris ever made. Every curve and line of the 308 exudes elegance and performance, making it a timeless piece of automotive art. Built by Scaglietti, the craftsmanship of the 308 is evident in every detail, from its sleek bodywork to its luxurious interior. A true driver’s car, the Ferrari 308’s handling was meticulously refined by none other than the legendary Formula 1 champion, Niki Lauda. Lauda’s expertise in fine-tuning the car’s dynamics ensures that the 308 offers an unparalleled driving experience. The precise and responsive handling, coupled with the power of the V8 engine, delivers a thrilling and engaging drive that keeps the driver connected to the road.

Design 
The interior of the 308 is designed with the driver in mind. The iconic gated shifter not only adds to the car’s aesthetic appeal but also provides a tactile and satisfying gear-changing experience. In addition to its performance and aesthetics, the 308’s cultural impact cannot be overstated. Its appearance on the popular television show Magnum P.I. made it a household name and an object of desire for millions. Tom Selleck’s portrayal of the charismatic private investigator, cruising around Hawaii in his Ferrari 308, left an indelible mark on pop culture. This association has added to the car’s mystique and desirability, making it not just a car, but a symbol of style and adventure.

Why&nbsp;this 308 GTS?

Desired By Collectors 
The Ferrari 308 GTS gained significant fame through its appearance in the popular television show "Magnum, P.I." Tom Selleck's character, Thomas Magnum, drove a red 308 GTS, which helped cement the car's status as an icon of the era. A true driver's car, with handling honed by none other than Niki Lauda, the Ferrari 308 offers an exhilarating driving experience. The transversely mounted V8 mounted to a gated shifter gave the driving experience that all collectors lust after. Penned by Pininfarina’s Leonardo Fioravanti, the same designer responsible for the original 206/246, and built by Scaglietti, the 308 is often regarded as one of the most beautiful, and subsequently desirable, Ferraris ever created. Owning a 308 is not just about having a piece of automotive history; it’s about being part of a legacy that continues to captivate and inspire.

True Investment Mileage 
This particular example has covered around 1,230 kilometers per year in its 41 years of life giving it a truly low, rare, and investible mileage.

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For the sale, the following two options are being considered:

<ul>
	<li>Private Sale: This Ferrari is in pristine collector condition. The goal is to exhibit the Ferrari at public shows for collectors until a collector accepts the target price.</li>
	<li>Auction: An auction specializing in Ferrari vehicles, such as those conducted by RM Sotheby’s or Gooding &amp; Co., could be a viable exit option if the car's value aligns with market demand and the auction house's expertise.</li>
</ul>

The price of 97,150 € includes the Splint Invest platform fee and external maintenance costs of 8,750 €. 88,400 € can be allocated to the asset. 
Platform Fee Splint Invest: Compensation for the tokenization of the assets, the maintenance as well as the further development of the application and the costs related to the research and maintenance of the expert network. 
External maintenance costs: Shipping, handling, 4 years storage, and insurance.

Variable Costs

BOXEDclassics, East Midlands, England

40907_Ferrari 308GTS

The Ferrari 308 GTS market as a whole has experienced a 32.44% growth from 2018 to 2020 giving a YoY of 6.49%.

However, between 2020 and 2024, the 308 GTS market rose 45.90%, showing a stronger 11.50% YoY.

Return

The Knight Frank 2024 index reveals that classic cars have experienced a 82% increase in value over the past decade.

This particular example has covered around 1,230 kilometers per year in its 41 years of life giving it a truly low mileage.

Stability

This car was the choice for Magnum P.I., the Hawaiian-shirt-wearing private investigator played by Tom Selleck." This cultural association has significantly enhanced its allure and collectability, cementing the 308 as a truly iconic Ferrari.

Ferrari, 308 GTS, 1983

A true driver’s car, the Ferrari 308’s handling was meticulously refined by none other than the legendary Formula 1 champion, Niki Lauda. Lauda’s expertise in fine-tuning the car’s dynamics ensures that the 308 offers an unparalleled driving experience. The precise and responsive handling, coupled with the power of the V8 engine, delivers a thrilling and engaging drive that keeps the driver connected to the road.

Track Record

The mission at TheCarCrowdis to give investors across the globe the opportunity to invest in one of theWorld’s fastest appreciating asset classes.

Investment in classic cars is an effective way of diversifying a portfolio, indicated by fact that 81% of ultra HNWs have at least 1 alternative asset such as classic cars within theirportfolio. The Knight frank 2023 index shows that classic cars have appreciated 185% in the last decade and 25% in the last year. In the last 10 years, only beaten by rare whiskey; classic cars are consistently in the top 2 highest performing luxury asset classes. 
 
However classic cars as an asset class is not as widely adopted as it should beas a diversification technique. Only 13% of mass affluent investors (mainstream) have any form of classic car investment in their portfolio due to the perceived high barriers to entry including:

<ul>
	<li>Lack of awareness of the category,</li>
	<li>Skill and experience in selecting the right asset,</li>
	<li>Access to acquire the right assets,</li>
	<li>Space to store, experience and resources to maintain the vehicle,</li>
	<li>Capital available to buy the whole car,</li>
	<li>Lack of awareness of regulated platforms to enable fractional investment.</li>
</ul>

But the business case for this asset class is proven. The mission at TheCarCrowd is to give investors across the globe the opportunity to invest in one of the World’s fastest appreciating asset classes. 
 
TheCarCrowd is enabling investors to diversity within the category with cars from the 1960s classics to modern day supercars. 
 
With some vehicles achieving more than 38% in a single year and 20% acrossthe portfolio, TheCarCrowd has&nbsp;been able to give investors strong returns so far from afully asset backed investment.

&nbsp;

TheCarCrowd

CEO &amp; Co-Founder 
 
David is the complete petrol head, helping his dad build a Westfield at just 14, he has been buying, building, and selling cars ever since. He has also built a successful career in senior technology management working with Mckinsey, Capgemini and Unipart. More recently he led and grew a successful global finance business. 
 
David has combined his passion for cars, with his years of experience in finance and asset management to create the CarCrowd. He and his team are on a mission to bring people closer to the cars of their dreams.

This is an investment opportunity where we have recalculated the expected performance given by the external expert (TheCarCrowd) and have thus verified that a positive return can be expected after deduction of all costs for storage and insurance.

Furthermore, we have verified the existence, the professional storage and the insurance of the vehicle.

Ferrari, 308 GTS, 1983

Asset's Life Cycle Details

Storage location

Asset ID

Token terms

Expert

Category

Status

Total number of Splints

Date of issuance (launch)

Issue price per Splint

Investment horizon in years

Time period for the divestment

Documents

Aurelio

Do you have questions?