| Author | Message | ||
| rich (Dino2400)
Member Username: Dino2400 Post Number: 343 Registered: 10-2001 |
Wow. That sounds very expensive. On the dino 246 rebuild I paid out 1.5K for machining (including new valve seats), 2.5k for parts (forged high comp pistons, valves, guides, springs, bearings, chains, clutch parts, fuel/water/brake hoses, new ignition box, etc.) and the rest was my labor and labor of a friend. Total labor hours for removal, teardown, buildup, installation were about 30 hours. (I posted more details previously in another thread http://www.ferrarichat.com/discus/messages/251280/241397.html#POST199393) That's why I'm shocked at the quotes of $18k. Is it really that much more difficult and costly for those extra two cylinders? Are they padding the machining costs? Is it the cost of parts at dealer retail? Is it the way an "hour" of labor gets counted by the mechanics? Hmm... -Rich | ||
| Richard Ward (Lomotpk)
New member Username: Lomotpk Post Number: 10 Registered: 5-2003 |
Just as a general question: How many 308/328/348 engines get re-built (i.e. at the $18k+ level) per year? | ||
| gary green (Minuke)
New member Username: Minuke Post Number: 14 Registered: 7-2003 |
Gentlemen, Thank you for your Input! | ||
| Mark Eberhardt (Me_k)
Member Username: Me_k Post Number: 600 Registered: 5-2002 |
When I did my engine, shoping around got the parts for under $5k....then came the hours and hours and hours...$18k sounds about right if you pay for it. If they have proof the engine was done, and the paint is decent, $25k sounds very fair IMO | ||
| L. (Testaroja)
Junior Member Username: Testaroja Post Number: 55 Registered: 5-2003 |
If you talk to any Ferrari shop a 308 engine rebuild for $18,000 is a good price, I know of a 308 rebuild engine for something close to $25,000. | ||
| rich (Dino2400)
Member Username: Dino2400 Post Number: 342 Registered: 10-2001 |
Pete, what's the going rate for "motor rebuild including water pump, hoses,clutch plate and belts replaced" and how much is mechanics labor, how much is machining and how much is parts? (just asking because I'm wondering if $18k is really what it takes) | ||
| PSk (Psk)
Member Username: Psk Post Number: 688 Registered: 11-2002 |
Guess that local dealer is wondering why nobody is coming to look at his Ferrari then  A wee bit of a put off. As for the 110,000 miles one, I would only buy if the price allows budget for an engine (ir receipts did NOT show that it was a proper rebuild) and possibly gearbox rebuild, plus a full suspension refit. Pete ps: Rebuilt engine means many, many different things to many people, I would want receipts and to know who did it. | ||
| Dr Tommy Cosgrove (Vwalfa4re)
Intermediate Member Username: Vwalfa4re Post Number: 1227 Registered: 5-2001 |
Not to mention the speedo sending unit must have been replaced at least a few times. 4.7 million should be inacturately low. | ||
| Tillman Strahan (Tillman)
Member Username: Tillman Post Number: 772 Registered: 11-2001 |
A 308 with 4.7 million miles on it would have to travel between 167,857 and 261,111 miles a year (depending on model year) Now that's a driver! | ||
| Martin - Cavallino Motors (Miami348ts)
Senior Member Username: Miami348ts Post Number: 5085 Registered: 5-2001 |
Facts nobody cares about: That car with 4,700,000 Miles would have to show 313 15K service records. Had probably 45 times the engine rebuilt and the owner can say he has about 2.5 Million Dollars invested in this car so the asking price is "really cheap" | ||
| Jerry W. (Tork1966)
Member Username: Tork1966 Post Number: 797 Registered: 7-2001 |
Come on James, 4,700,000 miles and you think it MAY be a typo?!?! | ||
| rich (Dino2400)
Member Username: Dino2400 Post Number: 334 Registered: 10-2001 |
$18k for an old-school 8cyl rebuild? I would suspect any owner who would pay that may not be mechanically inclined and may have not properly maintained the rest of the vehicle over his ownership. Or perhaps money isn't important to him and he had every little problem fixed by the dealer. I'd want to see some other service records and go over the car carefully. | ||
| Jim E (Jimpo1)
Intermediate Member Username: Jimpo1 Post Number: 2045 Registered: 7-2001 |
My question would be who did the rebuild. | ||
| Michael C. James (Mjames)
New member Username: Mjames Post Number: 29 Registered: 6-2003 |
Color me curious, but having a water pump rebuilt, new hoses and belts replaced does NOT constitute a motor rebuild but a Major service. If the engine has been rebuilt, I would expect to hear a description of new pistons and/or piston rings, new/reground camshaft, new head gaskets, etc. THAT's evidence of an engine rebuild, not 'new belts'....I don't think you even have to have the heads off the car to have new belts put on - were the belt tensioners even checked/replaced??? Having nitpicked, if there is evidence of a professional engine rebuild then I would be interested in the car at that price. I would even go as far to say that if Norwood did the rebuild, I'd be VERY interested in the car! Especially if they installed high-compression pistons/seals/cams like they did for the FORZA article... | ||
| Martin - Cavallino Motors (Miami348ts)
Senior Member Username: Miami348ts Post Number: 5054 Registered: 5-2001 |
Must have been Arlie's car | ||
| James Govan (Admiral_thrawn)
New member Username: Admiral_thrawn Post Number: 6 Registered: 7-2003 |
There's actually a local dealer here selling a 308 with 7,500,000 kilometers (4,700,000 miles) on the clock! I dunno if it's a typo, but DAMN if it's accurate... especially considering they're selling it for AUD $80,000 (USD $53,000) :-\ | ||
| TomD (Tifosi)
Advanced Member Username: Tifosi Post Number: 4091 Registered: 9-2001 |
kinda wierd story - prob could have gotten 5-7k for a parts car but he took the risk of rebuilding and cashing out? | ||
| Martin - Cavallino Motors (Miami348ts)
Senior Member Username: Miami348ts Post Number: 5053 Registered: 5-2001 |
You have to assume that if he spent this much he would want to keep the car. What was the reason for hm selling now? As for the price yes, I think that is fair if the engine was truely rebuilt. You basically have a fresh angine and it does not matter what is on the clock. Cool to see a 308 being used. | ||
| david handa (Davehanda)
Intermediate Member Username: Davehanda Post Number: 1184 Registered: 5-2001 |
With that many miles, how are the cosmetics? Paint, interior, carpet, console, dash, rubber door seals, targa top seals. You need to really look things over. How does it drive? How is the shifting? When were the suspension bushings and shocks last replaced? In other words, a new engine and clutch, doesn't make it a "new" car.... | ||
| gary green (Minuke)
New member Username: Minuke Post Number: 9 Registered: 7-2003 |
Mike, This is all I know about the service. The car is 1984 and it is a GTS. | ||
| Mike Procopio (Pupz308)
Member Username: Pupz308 Post Number: 432 Registered: 10-2002 |
What year 308? GTB or GTS? To get a better idea, go ahead and post some more details of what was done in the service... | ||
| gary green (Minuke)
New member Username: Minuke Post Number: 7 Registered: 7-2003 |
I looked at a 308 today that had a recent motor rebuild including water pump, hoses,clutch plate and belts replaced. The bill for all this work was 18,000. The gentleman want's 25,000 for the car, does this price sound fair. |