| Author |
Message |
JRV (Jrvall)
Intermediate Member
Username: Jrvall
Post Number: 1247
Registered: 11-2002
| | Posted on Tuesday, April 08, 2003 - 10:19 pm: | |
>>Less than $50K for sure. Somewhere between $45K to $50K<<
Agree...and about 40-42 is probably real money.
There's fantasy money and money that changes hands. You might mention bad economy, shitty stock market & war while having the next phone call about price.
The belts can be seen/inspected by pulling the upper belt covers and checking the lettering for approximate wear by turning the engine over. A knowledgeble mechanic should be able to tell roughly how well the work was done or if it was done at all. |
Dave328GTB (Hardtop)
Member
Username: Hardtop
Post Number: 494
Registered: 1-2002
| | Posted on Tuesday, April 08, 2003 - 9:57 pm: | |
Neal,
Regarding 328 vs 348, you can easily start a fight in this forum. It seems 348's are either revered or reviled with little middle ground.
Personally, I went from an 87 328 GTS to a 94 348 TB, then back to a 89 328 GTB. I think 328's are just better all around cars in terms of driving enjoyment and looks. The fact that they are also considered to be Ferrari's most reliable and cheapest to maintain model is just a bonus.
348's have a lot more power, but better handling is debatable and the ride is much more harsh. Frankly, having had both, I think 328's are better built as well. People will tell you how 348's can be made to handle great with mods, but hey, I have seen lightly modified 308's tear up tracks like I couldn't believe!
As BobD points out, people vote with their wallets and 348's are not doing well in that voting.
A note to 348 lovers...........don't take it personal!
Dave |
BobD (Bobd)
Intermediate Member
Username: Bobd
Post Number: 1106
Registered: 3-2001
| | Posted on Tuesday, April 08, 2003 - 3:13 pm: | |
Neal, not necessarily. Alot of people feel 328's are more desirable than 348's... especially early 348's.
But you're right on regarding pricing... late 328's are selling for 10-20% more than early 348's. If demand for early 348's was higher, the price would be as well. |
neal (95spiderneal)
Junior Member
Username: 95spiderneal
Post Number: 124
Registered: 3-2002
| | Posted on Tuesday, April 08, 2003 - 3:06 pm: | |
wow im amazed at low price
i see many 87-88 328's still asking $50k but if this is low 40's then similar 328 should be low 30's?
is that true? |
Martin - Cavallino Motors (Miami348ts)
Advanced Member
Username: Miami348ts
Post Number: 4241
Registered: 5-2001
| | Posted on Tuesday, April 08, 2003 - 3:01 pm: | |
If you can not verify the servcei 30K done I would rate the car in the low 40s. I had sold a 1990 348TS last year with 34K miles and 30K done at my shop for $ 47.000.
But you have to make sure it was done.
Also look at the VIN if it has the 2.5 or 2.7 Motornic. The Vin will tell you ZFFF is a 2.5, ZFFR is a 2.7 |
Howie (Brokerofexotics)
Member
Username: Brokerofexotics
Post Number: 449
Registered: 11-2001
| | Posted on Tuesday, April 08, 2003 - 2:06 pm: | |
I believe those chrome wheels were a factory option. |
Dennis (Bighead)
Junior Member
Username: Bighead
Post Number: 78
Registered: 2-2003
| | Posted on Tuesday, April 08, 2003 - 2:03 pm: | |
Collin, if you are looking, Tom Lassen (who's also a member of this forum) is selling his... red/tan 1991 348TS, major service is being done as I type, incredibly nice condition (won a few concours awards, I think), original wheels, full records/history/toolkit, and overall, really nice. I dunno what the mileage is, but he can tell you more. He might even throw in the ultra-rare folding softtop for the 348/355 targas.
And I don't think he's asking that much more than the car you were considering.
Tom can be reached at [email protected]
Disclaimer -- I have no pecuniary interest in this transaction, Tom is a friend of mine, do not remove tag under penalty of law, return your seats and tray tables to the full and upright position, blah blah blah.
vty,
--Dennis |
Byron (Bmyth)
Member
Username: Bmyth
Post Number: 535
Registered: 10-2002
| | Posted on Tuesday, April 08, 2003 - 11:41 am: | |
Mitch, Dave... LOL... my sentiments exactly.
But 38k for a 348 is a bit low for a US car wouldn't you agree?
Collin, as Jim pointed out, we are trying to get you into a nice car... if you like this one, do the right thing and get a good ppi... that way you'll have peace of mind if you buy it. Otherwise, there are lots of 348's out there that have been well taken care of with history and records... just ask around... talk to Martin or some of the other resellers/brokers that sponsor this site. |
Mitch Alsup (Mitch_alsup)
Member
Username: Mitch_alsup
Post Number: 472
Registered: 4-2002
| | Posted on Tuesday, April 08, 2003 - 11:30 am: | |
I think you are wrong, that should be:
Deduct $2000 for the chrome wheels. |
Dave328GTB (Hardtop)
Member
Username: Hardtop
Post Number: 492
Registered: 1-2002
| | Posted on Tuesday, April 08, 2003 - 10:41 am: | |
Collin,
With Ferraris, I don't think you can get a great deal on a car with questions. Of the six I have owned, the best deals were the ones that were no story cars that I paid full, fair money for.
Having said that, here is how I would value this car:
Let's say a perfect, full records example would sell for 50K. Now let's start deductions:
chrome wheels (1000)
no manual ortools (1000)
no records for 11 years (5000)
unknown contingencies (5000)
Good price if it checks out 38K.
However, there are probably independent dealers who would pay more because they figure they can get some ignorant schmuck with marginal credit to pay 50K.
Dave |
Jim Schad (Jim_schad)
Member
Username: Jim_schad
Post Number: 958
Registered: 7-2002
| | Posted on Tuesday, April 08, 2003 - 10:25 am: | |
well we aren't trying to talk you out of this car, but rather "into" a good car! |
Collin Hays (Chaysintexas)
Junior Member
Username: Chaysintexas
Post Number: 75
Registered: 4-2002
| | Posted on Tuesday, April 08, 2003 - 9:47 am: | |
OK guys, you talked me out of it! Thanks! |
Mister Jones (Davey_jones)
New member
Username: Davey_jones
Post Number: 6
Registered: 9-2002
| | Posted on Monday, April 07, 2003 - 9:42 pm: | |
Speaking of clutch replacement - what do you guys think of a 348 re-surfaced clutch? Not trying to hijack your thread here Collin. In my quest for a good 348 I've ran into a couple "re-surfaced" cluthes. Ed mentioned the "good deal" scenerio and I'm wondering if I should just keep looking also..
dave |
Ed Christophersen (Dr_c)
New member
Username: Dr_c
Post Number: 28
Registered: 12-2002
| | Posted on Monday, April 07, 2003 - 9:21 pm: | |
My worry, without any records, is that you have no way of knowing what has been done to the car. Was each of the services done in a timely fashion during the years that the records are missing? Was the clutch replaced? The speedometer? I recently decided to pass on a 348 because they did not have the records. I didn't want to get a "good deal" today and find out later that it wasn't so good.
There are a lot of 348's that have all of the records. |
Byron (Bmyth)
Member
Username: Bmyth
Post Number: 534
Registered: 10-2002
| | Posted on Monday, April 07, 2003 - 9:15 pm: | |
Colin,
Ferrari ownership to me is very special because each car has its own heritage, history, and appeal to the individual owner. To this end, you will always pay how much the car is worth to you. After a ppi, compression leak-down test, and a good once over, if the car checks out... just ask yourself one question... IS THIS THE ONE? (or the 2nd, 3rd...etc) At the end of the day... whether you pay $43k, 45k, or even 60k... if you love the car for what it is... it will be worth twice that to you and nobody and say the same.
(I'm sure you know that already being an owner!!)
|
Collin Hays (Chaysintexas)
Junior Member
Username: Chaysintexas
Post Number: 74
Registered: 4-2002
| | Posted on Monday, April 07, 2003 - 9:04 pm: | |
OK guys, that helps. Follow-up question: Will a reputable shop be able to readily tell if indeed a thorough 30K mile service was accomplished? And more feedback on the price: Assuming that the 30K service was done with belts and water pump kit only, at what point does the car become a "great" deal? $43K? $45K? As is the case with everyone I suppose, I don't want an average deal. I can bide my time until a "great" deal comes along. Thanks again. |
Byron (Bmyth)
Member
Username: Bmyth
Post Number: 533
Registered: 10-2002
| | Posted on Monday, April 07, 2003 - 7:20 pm: | |
I'm with Jim on this one. My guess is the mid to high 40's (with the mileage). Chrome wheels with red?... hmmm... to each their own. Regardless of cosmetics, DEFINITELY do a ppi with a reputable independent. Be careful of people who say they've done the belts and water pump... did the car have a full 30k engine-out a few months ago? If so, you've just saved yourself a few dollars. |
Jim Schad (Jim_schad)
Member
Username: Jim_schad
Post Number: 946
Registered: 7-2002
| | Posted on Monday, April 07, 2003 - 6:39 pm: | |
Less than $50K for sure. Somewhere between $45K to $50K. There are several 90 348 ts's out there now for asking prices of $52K with reputable owners and all records in pristine shape and they aren't selling. |
neal (95spiderneal)
Junior Member
Username: 95spiderneal
Post Number: 123
Registered: 3-2002
| | Posted on Monday, April 07, 2003 - 5:39 pm: | |
$50k if ppi oks everything elso and looks to be good cosmetic shape. beware odometer tampering! |
Chris Pounds (Eggman)
Junior Member
Username: Eggman
Post Number: 70
Registered: 3-2002
| | Posted on Monday, April 07, 2003 - 5:08 pm: | |
No records worries me. However, a better answer might be in order after a thorough pre-purchase inspection is done. This way, problematic areas - or areas that need to be addressed - can be factored into the equation.
My .02,
Eggman. |
Collin Hays (Chaysintexas)
Junior Member
Username: Chaysintexas
Post Number: 73
Registered: 4-2002
| | Posted on Monday, April 07, 2003 - 5:01 pm: | |
*1990 model
*red w/tan
*belts and water pump kit several months ago
*27K miles
*chrome wheels (not original I am assuming)
*no service records from new until 2001
*service records that are available were done through an independent shop that I can't find a phone listing for
*no original manual
*no tool kit
*car appears fine cosmetically
This car is worth something, but what is the price? thanks for the input everyone!! |