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Terry (Dogue)
Junior Member
Username: Dogue

Post Number: 164
Registered: 9-2001
Posted on Thursday, January 23, 2003 - 8:46 am:   

Wayne,
I stand corrected, it should have read,
"low to mid 50s for a concours quality" or at lease that is probably what the actual selling price would be. Your example of the owner wanting $80k is a good one, but I also ran into a owner of a 288 GTO that wanted $700k at a recent auction, so often owners want more than a car is worth and the current high value is $55k according to Cavallino.
Most good driver 330 2+2s are selling in the low to mid 30s. $30k for a car in the condition described seems very high to me. Depending on whether it is a 2hl or 4hl the selling price for a high 2 or low 3 condition car should be from $15k-$20k, just my opinion based on recent auction prices and current asking prices.

This sounds like the same car being offered for $21k in FML. offered by Motorcar Gallery in Florida. $21k is a good starting point and go DOWN from there.
Tony Fuisz (Fuiszt)
New member
Username: Fuiszt

Post Number: 23
Registered: 10-2002
Posted on Wednesday, January 22, 2003 - 9:37 pm:   

Sorry-not really getting the lusso until I win the lottery or my salary doubles-both equally unlikely. Shelton had it on their site a few months ago-I see that its gone now-I try to remember not say the "I'm buying or I'm getting words" without meaning them
L. Wayne Ausbrooks (Lwausbrooks)
Member
Username: Lwausbrooks

Post Number: 680
Registered: 8-2002
Posted on Wednesday, January 22, 2003 - 6:14 pm:   

Do you have any info on it? Color, condition, S/N, etc?
Bruno (Originalsinner)
Member
Username: Originalsinner

Post Number: 931
Registered: 5-2002
Posted on Wednesday, January 22, 2003 - 6:09 pm:   

Ah the excitement of someone getting a fine car.Tony is in Maryland I hope he brings it up to PA in the spring to some shows.
Bruno (Originalsinner)
Member
Username: Originalsinner

Post Number: 930
Registered: 5-2002
Posted on Wednesday, January 22, 2003 - 6:07 pm:   

I hope he does get it. When he hits the powerball he can send me that one.
Bruno (Originalsinner)
Member
Username: Originalsinner

Post Number: 929
Registered: 5-2002
Posted on Wednesday, January 22, 2003 - 6:06 pm:   

They dont have pics on it posted.I dont know why. I also saw the ellena.I'd take it.
I wonder if Tony is really getting the Lusso or just trying to make me jealous. Either way it worked.
L. Wayne Ausbrooks (Lwausbrooks)
Member
Username: Lwausbrooks

Post Number: 679
Registered: 8-2002
Posted on Wednesday, January 22, 2003 - 6:02 pm:   

Is there a link anywhere to pics of the Lusso? I checked out Shelton's online inventory and I don't see it. I did, however, see 250GT Ellena 0807GT which I witnessed being restored at GT Motors back in 1997. Talk about a concours quality restoration! Here it is almost six years later (and this car has since been DRIVEN across country!) and they are still asking $205K for it! (Maybe that's why they've had it for almost a year now!)

Anyway, Lusso pics?
Bruno (Originalsinner)
Member
Username: Originalsinner

Post Number: 928
Registered: 5-2002
Posted on Wednesday, January 22, 2003 - 5:53 pm:   

Wayne. it's all speculative til u find the one u want and buy it. I'm not arguing the fact. If u look u will find a great 330.I noticed a fall in prices in just the last 6 months.On all Fcars again.Have u been watching Daytona prices???
Been some nice coupes offered at numbers I thought we would never see again.
And the Lussso Tony is getting is a great car.At a great price.Another car I never expected to see at current levels again.
Bruno (Originalsinner)
Member
Username: Originalsinner

Post Number: 927
Registered: 5-2002
Posted on Wednesday, January 22, 2003 - 5:49 pm:   

Tony. Very good.When!!!!
L. Wayne Ausbrooks (Lwausbrooks)
Member
Username: Lwausbrooks

Post Number: 676
Registered: 8-2002
Posted on Wednesday, January 22, 2003 - 5:06 pm:   

Bruno, I happen to agree with your opinion about buying a nice car vs buying a concours example. I was just responding to the following:

Bruno: "I see good restored cars doing 30k."

Bruno: "...fully restored cars always get sold of in the very low 30's and the owner ends up taking a bath if he restored it corectly."

Terry: "Low to Mid 40s for a concours quality car."

Bill: "Bruno, can you give me some leads on any of the 330 cars selling in the low 30's. I am really interested, especially in these fully restored cars you posted about."

Bruno's response: "THERE ON EBAY ALL THE TIME.BIDDING USUALLY GETS TO ABOUT 25K AND THE RESERVE IS NEVER MET."

I guess that all depends on one's own definition of the terms "fully restored," "concours quality," and "good restored."
Tony Fuisz (Fuiszt)
New member
Username: Fuiszt

Post Number: 22
Registered: 10-2002
Posted on Wednesday, January 22, 2003 - 4:57 pm:   

The problem with the 25K 330 is with one or two good size problems that might be missed by a ppi or occur with driving again after a long siesta, you've bought a 35-40K car.
The car you want (or I want) is the one that drove 1000 miles to a meet or completed the california mile without a hiccup, that is as nice looking as you want (not so perfect you won't want to drive it). The exact price is less important. An ebay car or an undriveable 330 is much riskier.
By the way Bruno, I'm taking the Lusso Shelton had/has advertised.
Bruno (Originalsinner)
Member
Username: Originalsinner

Post Number: 925
Registered: 5-2002
Posted on Wednesday, January 22, 2003 - 2:21 pm:   

I'm not talking concours.I'm talking very good example ready to go.I never see concours cars that are "concours Cars" the label is thrown around too willy nilly.Last "concours car" I saw was on the Concours.
Italian cars are the only cars that can be a 90 point show car.Stored for a couple of years untouched and come out a 70 point car or less.
My point is that there are very good 330 examples available in the low 30's.If anyone wants to believe it.I dont care.I've been at this for a long time and am giving an educated expert opinion of what is out there.If I ever posted what I end up paying for cars a lot of people would be crying. They do not sell for what is being listed anywhere right now.They sell for much less or the owner continues to sit on the car.Also I never wanted or desired a concours car. I do not need anymore garage queens over here.Any cars I now buy are driven by me. Unless a rare exception occurs.Anyone truly looking for a 330 will have no trouble in the low 30's even high 20's (passed on 1 few months back for 28k) for a very good example right now. But thats the fun of the chat.Every body can post an opinion.And this is mine.
L. Wayne Ausbrooks (Lwausbrooks)
Member
Username: Lwausbrooks

Post Number: 674
Registered: 8-2002
Posted on Wednesday, January 22, 2003 - 12:45 pm:   

Bruno, it has been a while since I've seen a concours or near-concours example change hands publicly and I can't rememember when I've ever seen such a car on eBay. I remember that a decent, but nowhere near concours quality, example reached a high bid of $55K at the Barrett-Jackson auction here in L.A. last summer but the owner was holding out for $80K. In truth, $55K was a high for the condition but the low 30K's that you say properly restored cars are selling for is just not the case. If so, I'm sure that the "restoration" consisted of little more than some paint, leather, and maybe some quick refreshening of some chrome items.
Bruno (Originalsinner)
Member
Username: Originalsinner

Post Number: 924
Registered: 5-2002
Posted on Wednesday, January 22, 2003 - 12:42 pm:   

I plan on getting some one over to look at it soon.if it runs and can be driven and examined I would feel comfortable at 18k for the car.Unless it really dazzles me (and they rarely do) then 20k.however it will be cheaper to buy one someone else dumped all the $$$ into.Unless your looking for a driver/and or want to sit on it and see if they appreciate enough to justify a restoration.There is a movement afoot by enthusiast not to restore vintage cars no more,repair them,clean em up and leave them alone.No repaint,no new interiors,no engine tear downs.fix whats wrong and thats it.I like it.
Bruno (Originalsinner)
Member
Username: Originalsinner

Post Number: 923
Registered: 5-2002
Posted on Wednesday, January 22, 2003 - 12:36 pm:   

I havent seen it but First guy there wil get a deal.If you know how to work on em your in.
Bruno (Originalsinner)
Member
Username: Originalsinner

Post Number: 922
Registered: 5-2002
Posted on Wednesday, January 22, 2003 - 12:34 pm:   

FOR SALE FERRARI: 1965 330 GT 2+2, genuine 1 owner, barn find w/only 69,420 miles, dark grey/black, complete, excellent dash, decent seats, straight body, full 5-spd w/power windows, engine needs TLC, $21,500. Motorcar Gallery, 954-522-9900, FL; www.motorcargallery.com
Bruno (Originalsinner)
Member
Username: Originalsinner

Post Number: 921
Registered: 5-2002
Posted on Wednesday, January 22, 2003 - 12:31 pm:   

I missed on 10 miles from my house last spring.Went to california.Saw it before it shipped.Perfect.price.33k. 2+2 not doing real dollars at all.
Bruno (Originalsinner)
Member
Username: Originalsinner

Post Number: 920
Registered: 5-2002
Posted on Wednesday, January 22, 2003 - 12:28 pm:   

THERE ON EBAY ALL THE TIME.BIDDING USUALLY GETS TO ABOUT 25K AND THE RESERVE IS NEVER MET.ONTACT THE OWNER.They r not selling higher than that.People may ask it but it's not happening.
L. Wayne Ausbrooks (Lwausbrooks)
Member
Username: Lwausbrooks

Post Number: 667
Registered: 8-2002
Posted on Wednesday, January 22, 2003 - 12:34 am:   

In my opinion, one should expect to pay between $50K-$60K for a near-perfect two-headlight 330GT and around $7500 less for a comparable 4-headlight model. As far as them being a collector car, all vintage Ferrari models are collector cars. The difference is that some are obviously more collectible than others.

All 2+2 models are going to be less collectible than their 2-seater counterparts (think 250GTE vs 250GT/L, 330GT vs 330GTC, 365GT vs 365GTC, etc.). While the 2+2's might still have some upside potential, they are usually the last to appreciate when the market starts moving upward. Here is a quick examle (I'm using the Dec/Jan issues of Cavallino, but just about any source will reflect the same result):

1998
330 GT 2+2: $30K - $40K
330 GTC: $50K - $80K

1999
330 GT 2+2: $30K - $40K
330 GTC: $50K - $90K

2000
330 GT 2+2: $30K - $40K
330 GTC: $75K - $150K

2001
330 GT 2+2: $30K - $40K
330 GTC: $70K - $175K

2002 (Feb/Mar)
330 GT 2+2: $30K - $50K
330 GTC: $70K - $165K

2003
330 GT 2+2: $30K - $55K
330 GTC: $70K - $165K


Scott (Jsa3)
New member
Username: Jsa3

Post Number: 6
Registered: 1-2002
Posted on Tuesday, January 21, 2003 - 9:45 pm:   

I wonder where those fully restored 330 2+2's begging for buyers in the low 30's were hiding during my yearlong search of just about every source I could dig up to find a car? The two best cars I found were a restored 330 for $40K - someone got the jump on me for it, and another restored one for $47k. Both sold for asking price, within a reasonable period. I followed up on several 330's that were listed on ebay but didn't sell or sold privately- all were either nice original or restored and none of the owners wanted to sell for less than $40k. The red 330 that just sold was unusual for ebay - It looks like the seller was motivated and someone got a good deal.

I think good examples of these cars are hard to find for the very reason that has been discussed here - they haven't been considered collector cars and many of them have been through numerous owners, neglected, rebodied, parted out, and otherwise abused.

Personally, I don't see owning a 4 or 2 headlight 330 as Ferrari hardship. I feel very fortunate to have been able to buy one. Mechanically it is all Ferrari and the styling in my opinion is restrained, clean, and elegant - along with the 330/365 GTC, the last of the best body styling to come from the V12 era, keeping in mind that it was designed for a different purpose than a GTB. See Cavallino #57 for a very nice example. I'm glad I ended up with the 4 headlight model. It has a very aggressive look that the 2 headlight lacks.

Anyway, I've bought my car, spent what I needed to, and now am going to enjoy it. My online subscription to FML expires this month and I'm not going to renew it and watch the asking price ticker.
Bill Steele (Glassman)
Junior Member
Username: Glassman

Post Number: 153
Registered: 4-2002
Posted on Tuesday, January 21, 2003 - 8:40 pm:   

Bruno,
Can you give me some leads on any of the 330 cars selling in the low 30's. I am really interested, especially in these fully restored cars you posted about.
Bruno (Originalsinner)
Member
Username: Originalsinner

Post Number: 919
Registered: 5-2002
Posted on Tuesday, January 21, 2003 - 5:58 pm:   

ok Tony I'll shut up.But I am holding u to it.I know where the lusso is I want. Just when I was going to get into how the 4 light one is the least desirable of them all.
Toby T (Tobyt)
Junior Member
Username: Tobyt

Post Number: 70
Registered: 3-2002
Posted on Tuesday, January 21, 2003 - 12:31 pm:   

For a V12 car..and the average upper middle class Joe (like me)...the 330 is the vintage Ferrari car to have.
Tony Fuisz (Fuiszt)
New member
Username: Fuiszt

Post Number: 21
Registered: 10-2002
Posted on Tuesday, January 21, 2003 - 12:10 pm:   

I think you have to think about the 330 as the last vintage 12 cylinder a person without access to an unlimited pot of money can buy. I didn't have to remorgage my house to buy one. A Lusso (which I agree is much pretier) will always be more, as will a Daytona (both on my list as soon as I hit powerball). Bargain 330s aren't bargains because they're no cheaper to fix than a Lusso or 275GTB, just harder to get your money out of.I'll buy Bruno a Lusso and a 330 as a grocery getter if I win the next 300 million jackpot. Unless he continues to disparage my four-eyed ferrari.
Bruno (Originalsinner)
Member
Username: Originalsinner

Post Number: 916
Registered: 5-2002
Posted on Tuesday, January 21, 2003 - 11:51 am:   

hate to say it but the beetle looks better than the 400 in those shots.And ive earned a right to say it as i own a 400,2-308,250pfcoupe, have owned a 330 and numerous other 308's etc.but i was talking about a collector one from the 50's.
The point is being missed, the 330 is a Ferrari that has never really hit as a true collector item as Ferari's go.I've ben at it for 25 years now.I havent sen anyone getting in line to get one yet and fully restored cars always get sold of in the very low 30's and the owner ends up taking a bath if he restored it corectly.Of course now this can be said about the 308gt,308, and some others.
Tony Fuisz (Fuiszt)
New member
Username: Fuiszt

Post Number: 20
Registered: 10-2002
Posted on Tuesday, January 21, 2003 - 11:28 am:   

http://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&item=2400315878&category=6212
versus
http://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&item=2400535016&category=31876

right idea-wrong ferrari.
Bruno (Originalsinner)
Member
Username: Originalsinner

Post Number: 910
Registered: 5-2002
Posted on Monday, January 20, 2003 - 9:07 am:   

so's a vw beatle.They both are not worth much.
Bill Steele (Glassman)
Junior Member
Username: Glassman

Post Number: 151
Registered: 4-2002
Posted on Saturday, January 18, 2003 - 10:09 pm:   

Bruno,
The 330 IS a collector car.
Scott (Jsa3)
New member
Username: Jsa3

Post Number: 5
Registered: 1-2002
Posted on Saturday, January 18, 2003 - 9:11 pm:   

For what it's worth:

I purchased a '64 4 headlight 330 2+2 in Nov. 2002. I paid $32,000.00. It was not advertised and I found it with the help of a fellow member of another Ferrari board. The car's strong points: less than 40k miles, same owner 27 yrs, always garaged, full previous ownership history, engine, drivetrain, and other major mechanical in very good to excellent condition, rust free body, good interior, new tires and battery, etc.
Weak points: needed new center section-back exhaust system, both sides. Brake calipers needed
overhaul, which necessitated machine shop work to resleeve pistons. Spokes on Borranis are pitted and corroded to some degree because of metallic bits used in brake pads, which dust onto spokes and cause corrosion if dust not cleaned off regularly. Short term solution is to beadblast and paint spokes and leave restoration at $750.00 per wheel till later. Car had no original tools at all, and it will probably cost me about $1000.00 down the road to put together a reproduction toolkit.
By the time all is done, car is trucked to me in Dallas, and I have completed state registration and paid 6.25% sales tax, I will have spent around $10k more than the purchase price. I could have saved maybe $1000.00 in hourly labor costs by having work done here in Texas but was very impressed with the shop that did prepurchase inspection (Dino Motors in San Mateo, CA) and decided to have them do all the work, which included quite a few minor repairs as well as routine maintenance and the exhaust and brakes.
I purchased this car after a year of intense homework, agressive looking, and some disappointments. 330 and 250 2+2's are not lurking on every corner. Good luck finding a solid car for under $30k. Anything you find is going to need some work or it is going to be over $50k and will probably still need work. I suggest hanging out on tomyang.net and getting an online subsciption to Ferrari Market Letter, where you can track their asking price index, and get some good leads on cars.
Bruno (Originalsinner)
Member
Username: Originalsinner

Post Number: 897
Registered: 5-2002
Posted on Wednesday, January 15, 2003 - 5:21 pm:   

I would say if it was me.I would go for a 2 headlight model.
The 400 is not worth restoring thats why I drive mine everywhere.(see "daily driver" thread).That should change eventually. The 330 will become a collector car.It is very close to taking off.I would say next bull market and good economic cycle.Just look at the numbers.
Compared to a lusso it's a bargain.The lusso will always demand bigger $$$.I drove a lusso, night and day from 330.I researched prices and I still think this car is priced to high.
Ton Visser (Lion315)
Junior Member
Username: Lion315

Post Number: 87
Registered: 12-2002
Posted on Wednesday, January 15, 2003 - 5:09 pm:   

Funny,

I know where the 330 behind Enzo in the last picture is. It was for sale for only � 30k. But the car had a severely damaged engine It is currently restored in Germany and also changed back in it's original colour. After that it will be sold. I don't know for what price.
alberto bavai (Abavai)
New member
Username: Abavai

Post Number: 33
Registered: 10-2002
Posted on Wednesday, January 15, 2003 - 4:55 pm:   

In December of 1994 i saw a ferrari 330 gt 2+2 with 15000km in the peedometer. This car was on Zaragoza Spain) since 1965 . the car was silver /bourdeaux in excelent condition. Beautiful car. My father drove in 70 beacuse his boss was owner that car.
Tony Fuisz (Fuiszt)
New member
Username: Fuiszt

Post Number: 18
Registered: 10-2002
Posted on Wednesday, January 15, 2003 - 1:34 pm:   

John Lennon drove a four headlight 330. Course because of Yoko, his taste will forever be questioned. The four headlights were supposed to enhance its overnight high-speed capabilites. At least thats what the brochure says.In the late backlash over the four headlight look, Michael Parks, the period Ferrari driver/engineer and tasteless englishman was blamed.
Still, it was a very popular car in its day, and more expensive than the 275.
Its nothing like a 308/328/355/360/456/550 to drive.
Terry (Dogue)
Junior Member
Username: Dogue

Post Number: 161
Registered: 9-2001
Posted on Wednesday, January 15, 2003 - 1:20 pm:   

Tony, I agree completely!!

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Terry (Dogue)
Junior Member
Username: Dogue

Post Number: 160
Registered: 9-2001
Posted on Wednesday, January 15, 2003 - 1:09 pm:   

The 330 is a great car. The engine is very strong and being a derivative of the 250 columbo designed V12, parts are (allthough not plentyful) available. The 4 speed w/overdrive trans. is problematic and not the best design, but if this is a 1965 it should have a 5 speed trans. The car should be complete, trim pieces will kill you, first of all trying to find them and then paying for them. Any car of this age will be somewhat problematic and a Ferrari will not be the exception, but if you are into CLASSIC cars the 330 is great. It is easy to work on and as long as you have done your research it should be a good car. If this is a 4 Headlight car from 1965 there was only 125 made (with hanging pedals and 5 speed trans.) and that might have some appeal. Most prefer the 2 headlight look, I am in the minority. All this said, $30,000 is way out of line for a fixer-upper. A good example (4HL) sold for just under $30,000 at the Bonhams Ferrari Auction in Gstaad last month. Low to Mid 40s for a concours quality car. Negotiate a lower price, low 20s should be fair. In the end you will always spend more restoring a Ferrari then buying a restored one, but for some the restoring is the fun part and what better way to learn a car than to tear it apart and rebuild it. Good luck (a 4 headlight 330 GT 2+2 with 5 speed is one of my all time dream cars so some bias may exist in my post.)
Tony Fuisz (Fuiszt)
New member
Username: Fuiszt

Post Number: 17
Registered: 10-2002
Posted on Wednesday, January 15, 2003 - 1:05 pm:   

I don't think you can compare a 330 to a 400. 400's have never been worth enough to restore, while some 330s got expensive restorations during the pre-bubble years. For me, the induction roar of the V12, wood dash, big wooden wheel, and 2 seats for my kids makes it the car of choice.
Enzo liked it too.
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Paul Newman (Newman)
Intermediate Member
Username: Newman

Post Number: 1034
Registered: 12-2001
Posted on Wednesday, January 15, 2003 - 12:50 pm:   

Im not a huge fan of the 4 headlight 330 but would see past that if I was in the market for an older 12.
Bruno, the 400 isnt what I had in mind for a front engined 12. I like them especially the knock offs on the 365's but I prefer the 60's styling of the 330 and 365 and the prices are reasonable compared to a 250 lusso.
Dr Chill (Dr_chill)
New member
Username: Dr_chill

Post Number: 2
Registered: 1-2003
Posted on Wednesday, January 15, 2003 - 12:29 pm:   

the car started up easily but the choke is disconnected. The Borrani's have been fully restored and look great. I have not driven the car but will have an excellent mechanic who has restored his own 308 check the car out. Assuming mechanically nothing else is wrong, there seems to be a mixed opinion on whether this is a good deal or not. Fortunately, I can do a lot of the mechanical work myself. Are parts hard to come by?
Bruno (Originalsinner)
Member
Username: Originalsinner

Post Number: 893
Registered: 5-2002
Posted on Wednesday, January 15, 2003 - 10:54 am:   

Newman u can get a 12 cylinder front engine ferrari for 20k.Just look at the 400 series.
The 330 is an (unaccepted) Ferrari. The prices are low for what u get.They always were.Check ebay check listings in hmn etc.I see them all the time.But if it's the money get the 400.Less headaches.
Tony Fuisz (Fuiszt)
New member
Username: Fuiszt

Post Number: 16
Registered: 10-2002
Posted on Wednesday, January 15, 2003 - 10:25 am:   

Sorry to duplicate the post for the 330gt registry-that symbollic car for "less than 40K" has an asking price in the 70K range. Call them yourself.
Tony Fuisz (Fuiszt)
New member
Username: Fuiszt

Post Number: 15
Registered: 10-2002
Posted on Wednesday, January 15, 2003 - 10:19 am:   

I just bought one of these, after looking seriously for about a year. Mine was restored in the 80's. Check out the 330gt 2+2 web registry http://www.parrotbyte.com/330GTRegistry/-you can check the history of the car on ebay.
Mine needed a new master cylinder and brake boosters (rebuilt by white post-about $2500 altogether). Lots of room inside compared with other ferrari's I've sat in/driven. I had a thorough,($500)PPI done before purchase. I think engine health is the most important part, plus making sure all the trim is there. My "troublesome" overdrive works fine. If you've ever driven a jag mark 2 thats the closest non-ferrari I can compare it to-a jag mark 2 with 300bhp. Check out sports car market price guides for price outlines-unlike most of the newer hardware, these cars are appreciating.
Bryan Phillips (Bryanp)
New member
Username: Bryanp

Post Number: 35
Registered: 8-2002
Posted on Wednesday, January 15, 2003 - 10:11 am:   

William - James et al are absolutely correct; you should really become a student of the model before you consider buying one - if you buy the wrong one, it could be the worst money pit of your life. Check out www.330register.com as well as the '330gt2+2 spotter's guide' section on tom yang's site for starters.
Good luck!
James Glickenhaus (Napolis)
Member
Username: Napolis

Post Number: 328
Registered: 10-2002
Posted on Wednesday, January 15, 2003 - 8:32 am:   

Before buying one of these cars you really must do a lot of research. The cost of fixing and keeping one running can easily excede their value. The 4 headlight ones are not as pretty or regarded as the 2 heatlight cars and the overdrive and trans had the same sump which made it impossible to use the proper weight oil in both. Not one of Ferrari's finest engineering solutions.
Coop (360)
Junior Member
Username: 360

Post Number: 58
Registered: 4-2002
Posted on Wednesday, January 15, 2003 - 8:22 am:   

William,

Is this one on ebay any good?

By the way, Nice car... Good luck...

1964 FERRARI 330 GT 2+2
Vehicle Description
red w/black leather, 4 speed overdrive, Borranis, acquired in an estate sale, original tools, runs and drives very strong. Very correct and original.

http://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&category=6212&item=1876776280

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The Ferrari King (Theferrariking)
New member
Username: Theferrariking

Post Number: 12
Registered: 1-2003
Posted on Wednesday, January 15, 2003 - 7:20 am:   

That is so great that you are getting a V12 Ferrari just like Enzo would want you to. He is my hero you know? I'll bet he is proud of you. You know, keeping the marque and mystique alive? Think of all the history in that car. Who knows? Maybe somebody famous was conceived in that car. Wow. You are so lucky.

You are the luckiest man in the world. If you would send me a picture for my collection it would be really neat. Maybe you could even send me a bolt or something that you replace. God, would that be great. I'm peeing my pants just thinking of it.

Wow. A V12 Ferrari - is that great or what?

Congratulations, freaking aye!

FORZA FERRARI - THE KING OF CARS

King
Bill Rose (Superbimmer)
New member
Username: Superbimmer

Post Number: 2
Registered: 1-2003
Posted on Wednesday, January 15, 2003 - 12:38 am:   

I echo the concerns others have mentioned. Before a reasonable price can be properly established, a thorough going over by a Ferrari expert is definitely in order! With older V12 Ferraris, the $$$ can add up very fast!! Without any difficulty, you could put another 10-20 thou into it...a complete engine overhaul is easily $15,000(conservative). Be very careful...good 330GT2+2s are available every once in a while...for not much more.
Douglas A Hunt (Boxercrazy)
New member
Username: Boxercrazy

Post Number: 24
Registered: 11-2002
Posted on Tuesday, January 14, 2003 - 10:56 pm:   

check here for some recent discussions on just such an endevor: http://www.tomyang.net/cars/phpBB2/viewtopic.php?t=109 and

http://www.tomyang.net/cars/phpBB2/viewtopic.php?t=72

toms a great guy and you will definately get an idea of what it takes to get/keep an early v12 car going

good luck
douglas hunt
Hubert Otlik (Hugh)
Member
Username: Hugh

Post Number: 424
Registered: 1-2002
Posted on Tuesday, January 14, 2003 - 10:36 pm:   

William-

30k sounds high. I am looking to get into an older v12, and have seen really nice, but driven, 330 2+2's in the mid 30's, and really, really nice examples in the high 30's.

Case in point:
http://www.symbolicmotors.com/frames/images/Contemporary/Vehicles/3470/347001.jpg
The asking price on that car is around 40k (if memory serves), and I'm sure would come down off that.
Horsefly (Arlie)
Member
Username: Arlie

Post Number: 604
Registered: 5-2002
Posted on Tuesday, January 14, 2003 - 10:28 pm:   

I'm sure this car would have alot of hidden issues. Like the number of list members who would be "hidden" in the bushes waiting to find out where it is located. On the other hand, with bad brakes and bad water pump and dull paint, better part it out. Better yet, e-mail me with its location and I'll deal with it.

Paul Newman (Newman)
Intermediate Member
Username: Newman

Post Number: 1028
Registered: 12-2001
Posted on Tuesday, January 14, 2003 - 10:20 pm:   

30K for a good 330? F*ck, tell me where it is and Ill buy it. I would love a front engine 12 ferrari. I would grab it and deal with the repairs with a smile on my face. If it runs good and aint rotten, why not?
Horsefly (Arlie)
Member
Username: Arlie

Post Number: 603
Registered: 5-2002
Posted on Tuesday, January 14, 2003 - 10:20 pm:   

Has the car actually been started and running in the past 20 years? Will the engine turn over? I had a friend who only had about a thousand miles on a newly rebuilt small block Chevy. He pretty much stopped driving the car about 1985 and when he tried to turn the engine over a few years ago, it was locked up. No amount of oil down the cylinders has helped it. Time for a tear down. You definately don't want that on a V12 Ferrari.
I would guess that if you don't buy the car, somebody on this board would! The engine condition is the key.

Bruno (Originalsinner)
Member
Username: Originalsinner

Post Number: 886
Registered: 5-2002
Posted on Tuesday, January 14, 2003 - 10:15 pm:   

Good car.30k is top dollar for it.I see good restored cars doing 30k.jmo
JRV (Jrvall)
Member
Username: Jrvall

Post Number: 576
Registered: 11-2002
Posted on Tuesday, January 14, 2003 - 10:15 pm:   

Any car that has been sitting around can have 'plenty' of hidden issues. The longer they sit, the more hidden issues they can have.

Before a price can be put on something like that a considerable amount of DD would be in order imo.
William Heitman (Dr_chill)
New member
Username: Dr_chill

Post Number: 1
Registered: 1-2003
Posted on Tuesday, January 14, 2003 - 9:43 pm:   

I have the opportinity to purchase a 65 330 which is in original unrestored condition. It sat for the last 20 years in storage in FL and the only thing I know is wrong with it is the water pump bearings. I suspect a total brake overhaul is in order. How much should these repairs cost? Assuming brakes and water pump are all that is needed and the car is a high 2 or low 3 condition with very clean body and good 38 year old paint, is $30,000 a fair asking price?

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