| Author | Message | ||
| Jack (Gilles27)
Junior Member Username: Gilles27 Post Number: 216 Registered: 3-2002 |
Wow, Rick. You sure do buy your friends nice gifts! Seriously, though, it's nice that they gave him a small warranty. Pretty rare. Having just bought a 328, it seems the prices are definitely creeping up. My '87 was $52K, while Lake Forest motors has had an '89 listed for quite a while at $65K! I used to think they were dreaming, but the way it's been going, they'll probably get their price, and soon. | ||
| RICK ROMERO (Tr90)
Junior Member Username: Tr90 Post Number: 126 Registered: 4-2001 |
Dave: The car was for a friend of mine, his first ferrari. He ended up buying the car from Wide world of cars for 58K with the belt service included and a four months warranty. The car is a one owner car , collector and is in immaculate condition. | ||
| Frank Parker (Parkerfe)
Member Username: Parkerfe Post Number: 833 Registered: 9-2001 |
Dave, I have owned a 328 and loved it. It was my first Ferrrai. I just like my 348 Spider better. According to Ferrari of Atlanta the Challenge cars did have a hotter ECU . But, the exhaust was the same as the Spider which was listed as "free flow". That is what it is listed as on my 348 Spider window sticker too. The Spider also had a lower rear axle ratio that gave it a better 0-60mph time than the Tb and Ts models. As far as the wider rear track is concerned, all that is is spacers. A lot of 348 owners have added the spacers to earlier models even though they didn't come with them. | ||
| Steve Magnusson (91tr)
Member Username: 91tr Post Number: 700 Registered: 1-2001 |
Rick R. -- Has the need for quick advice passed? Did you make an offer or do a deal on the '89 328GTS? Any other details you'd share (e.g., asking price)? | ||
| Dave328GTB (Hardtop)
Junior Member Username: Hardtop Post Number: 124 Registered: 1-2002 |
Frank, I did a great deal of research on the factory challenge cars becuase they are interesting, rare and most people don't even know they exist. Like many Ferrari things, there is a lot of conflicting and missing info. I have read every scrap of info I could find on all 348's and the challenge series. FNA used to have a nice web page on them with a lot of info, but it's gone now. I sold most of the literature I had amassed with the car, so can't quote directly. I did have parts manuals as well as challenge car factory suplements. I also talked with other owners and people who owned/raced them and dealers who sold them. First off, they were officially listed at 314 HP according to the factory manual I had. They have different exhaust from any other model. FNA reps stated that they had hotter ecu's but this was never published becuase they did not want to have to recertify the car for so few units. Some people very familiar with the cars thought they had more like 330-340 HP, but that's heresay. I did drive other cars and the challenge car was seat of the pants faster which would imply at least 20 more HP. Lower overall gears as well. Manual I had also said they were lighter owing to the bumpers and bonnets. My info says all cars after the speciales retained the technical upgrades. I do know you can bolt on 355 wheels to the challenge cars just like the spyders, but not earlier cars. Anyway, I will go one step further. This Sunday, I should see a friend who still has a challenge car and I'll measure the track from inside wheel lips and center of tires. He still has the stock 17" wheels and tires, so no deviations. I'll post it Sunday night. If you ever get a chance to drive one, you should. I think you will see they are very different fron other 348's. Actually, I had a good experience with mine. Had 1500 miles when I bought it and 16K when sold. I just never warmed up to it. However, other 348 owners I know were not so lucky and the guy I sold it to has had an issue or two that I know of. The guy I sold my 87 328 to 4 years ago has had nothing but oil changes and the car is approaching or has 50K on it. Records indicate the only problem the car ever had was the tach which I had rebuilt. However, all info on this site is anecdotal and I tend to go with opinions of mechanics who pretty much universally favor 328's. Normally I do not trash 348's but you guys were trashing 328's and I had to stand up for my favorite car. Plus it's fun to argue about meaningless issues in the overall scheme of things. I respect those who like 348's better, please respect those of us who don't and don't assume that 308 or 328 owners simply can't afford newer cars. Let's all drive and be happy! Dave | ||
| Frank Parker (Parkerfe)
Member Username: Parkerfe Post Number: 826 Registered: 9-2001 |
Dave, you may have more personal knowledge of the 348 Challenge cars, but I can read. And all the literature I have read from Ferrari and magazine articles state that only the Spider, Speciale, GTS and GTB got the wider rear track. And, they are listed by the factory as having 312hp with the Challenge cars listed at 300hp. My interior has none of the defects you mention either. I have had no electrical problems either. The only thing I don't really care for in my car are the motorized seat belts. But, they have worked every time I have used the car in the over 6000 miles in 16 months I have owned it. The comments made by Montezomola were in reference to the 1989 348 he bought with his own money. When the 348 Spider was launched in Beverly Hills he said it was the best Ferrari rag top ever made. As far as trunk space, I have the factory luggage and it fits great and held enough for my wife and I to go to the USGP, stay 4 nights and pack both dress and causal clothes for both of us . I'm sorry you had a bad experience with your 348. But, while I have had a 328GTS and loved it, I still like my 348 better. Regardless, my next Ferrrai will be a front engined V12 550 rather than another Dino. | ||
| Glen (Nugget)
New member Username: Nugget Post Number: 5 Registered: 4-2002 |
Rick, I just bought a 1989 328GTS with 10,800 miles on it for 57.5 with the 30k service, brand new car cover and some seat covers, that are a bit worn. I would say the car is in really good condition. It is red and tan. It is a one owner car. He was listing it privately for 65k. The local Ferrari shop was going to take it and list it in the 70s, obviously way too much. I am happy with the price. I solicited help 2 weeks ago here on the chat site and got some great info. I am happy with the price. You could probably get it for a little lower but I am not very good at haggling. Hopefully this will give you another refrence. As far as the 348/328 thing. I own a 98 Chevy truck, before that I owned a Honda Civic. I am just being sarcastic, I have never owned anything like this before. I am just happy getting my first Ferrari. I fly F-16s for my full time job and I can say this, driving in the 328 makes me feel just as proud. See ya | ||
| James H. (Jamesh)
Junior Member Username: Jamesh Post Number: 55 Registered: 5-2001 |
So glad to be a part of Ferrarichat.com. I just bought an 89 328 GTS which I picked up last Friday. Yes, I bought it sight unseen on Ebay. The car has 28,000 miles on it, had the 30,000 mile service with new belts done and a new clutch installed. It also came with newer HRE wheels and newer tires. Its not showroom but its in very good condition with only the spare tire and of all things, the ash tray missing. The drawback, it has a salvage title. Car was not in a wreck but was a stolen recovery. I bought this car to drive and not as a show car or certainly not as an investment. Now with two ferraris in the driveway, guess its time to get rid of the 84 Euro 308GTS that I cant get to pass the California emmission. | ||
| Rob Lay (Rob328gts)
Board Administrator Username: Rob328gts Post Number: 1507 Registered: 12-2000 |
Mine worked great until a slow leak (3-4 months) sucked all the freon out. Instead of refilling it all the time, next time I have it in they will put dye in there to find where it's leaking. It works great, I just slowly loose freon. I sweat my ass off today in the humid 92 degrees. | ||
| BobD (Bobd)
Member Username: Bobd Post Number: 404 Registered: 3-2001 |
Dave, interesting quote about the 348 by Luca di Montezemolo. And geez, who would know better? I wonder where he'd rank it now? It just seems like the quality has gone way up since the 348. Jim, it ain't great but my A/C works pretty well even in the Dallas summer. Frank only time will tell on the 348's value. But the trend so far is pretty obvious. | ||
| Jim E (Jimpo1)
Member Username: Jimpo1 Post Number: 387 Registered: 7-2001 |
Hey Rob, did you say all the 328's you know have great A/C? Really? Let me introduce you to my car aka the "Sweatbox". It has a new compressor. Doesn't matter. No matter what I do, if it's over 80 degrees, I sweat. Top on, top off, windows up, windows down, whatever. Nothing works. The car is just plain HOT. It doesn't put out enough air to cool it off. I thought maybe having white car would help, but no such luck. Maybe I need to spend a July afternoon in your car too see how it's supposed to work? :-) | ||
| Dave328GTB (Hardtop)
Junior Member Username: Hardtop Post Number: 121 Registered: 1-2002 |
oops, for some reason pic didn't load. Try again. | ||
| Dave328GTB (Hardtop)
Junior Member Username: Hardtop Post Number: 119 Registered: 1-2002 |
Frank, I think I know a good deal more about the 94 348 challenge cars than you do. They have the same rear track as spiders. They have lower overall gear ratios, different shocks, harder bushings, free flow exhaust and the hottest ecu's ever put into 348's. They are also lighter mainly because of the bumpers and bonnets. At the national meet a couple of years ago I had no trouble overtaking earlier 348's including a speciale. I also kept up with 355's through the twisties but not straights of course and I am an average casual track driver at best. I drove earlier 348's and can tell you the challenge cars are seat of the pants faster. The 54 factory challenge cars are the best to leave the factory. However, you can buy an 98-99 BMW M3 for about 30K that will equal or exceed any 348 in power and handling. So what's the point? In terms of build quality, the interior of the 348 wore way faster than my previous 328. The interior panels were crooked and poorly assembled. The top vinyl piece on the right hand side door was warped (I have seen this on some spiders too). The exterior panels were less wavy than 328's I will admit, but the rear bumper was angled funny and the paint was no better. There is plenty of plastic crap inside and most controls run by ecu's that often have a mind of their own. Electrically, it is a much weaker car than 328's. Ergonomics is more personal. I never could get comfortable in the 348. The seats have fewer adjustments than the 328. The wide sills are a pain and the motorized seatbelts (which are very prone to fail) are an incredible pain. The doors are heavy and open very wide. The luggage compartment won't accomodate anything long. If you take the spare tire out of 328's you have at least as much overall room. Plus the 348 compartment is a pain to bend over and leads to scratching fenders easily. The fiberglass surround breaks easily if you put weight on it. Other than that, the 348 is perfect. The A/C is a little better, but it doesn't come close to rivaling Detroit's. Besides, I like having the windows down and the radio off to hear the motor. Don't believe me though, here's a quote from Luca di Montezemolo in automobile speaking of a 348 he bought new with his own money "...this was clearly the worst product Ferrari had developed for some time." One other point, I can easily afford a 348, a 355, 360 or 550, but I have chosen the 328 GTB. This summer, I will be driving the 328 on tracks and I'm looking forward to comparing times with my old 348. I'll let you know. Vilamoura: Here's a pic you requested. I don't have many shots yet, this one was the day it arrived here. No offense to anyone, I'm having fun with this discussion. | ||
| John Delvac (Johndelvac)
New member Username: Johndelvac Post Number: 34 Registered: 11-2001 |
I just had the AC in my '87 328GTS fixed. Now it is adequate to good. I got it two years ago with 12K miles. Now I have 17K miles. No problems yet and never heard of a 328 problem. I can get a 30K service done for $2,000 at the right place. I agree with all the wonderful things that have been said about the 328. I love my car. However, if I was a convertable man, which I'm not, I'd go for the 348 Spider (except I don't have the money for one). It is way faster and is built well. The 30K service can be done for $3500 if you know the right people (engine has to be pulled). All of those 348 problems you have heard about were fixed in the later spider. Mostly, those problems were computer outages and the early double sided clutches. As for any car past a 328, check out the plastic trim around windows. A 328 does have a longer cosmetic life span than the newer cars once you have removed the laquer dye from the seats. As for the '89 model. I don't like the convex wheels or the insert around the door handles. '89s seem to bring $10K more than my perfect '87. Not sure why ABS would be worth it. Something else to go wrong. | ||
| Frank Parker (Parkerfe)
Member Username: Parkerfe Post Number: 824 Registered: 9-2001 |
Jack, Ferrari must have changed the 328 since 1986. I am only six feet tall and my head rubbed the targa top in my 1986 328GTS unless I put the seat so far back that my elbows were almost straight. And Dave, the Challenge cars were not the best 348s out of the box, the Spiders, Speciale, GTS and GTB models were. The Challenge cars all had to be the same spec. to race in the series. The Spider,Speciale, GTS and GTB cars all got a wider rear track, free flow mufflers, redesigned ECU models and upgraded leather interior trim which neither the Challenge, TB nor TS models had. And Bob, only the 1989 328 will have a chance of equalling the 348 is price in the future and that will only be prestine 1989 328s compared to 1989 through 1992 348s. 1993 through 1995 348s will always be higher valued than 328s especially the Spiders and Speciale models. | ||
| Rob Lay (Rob328gts)
Board Administrator Username: Rob328gts Post Number: 1497 Registered: 12-2000 |
Well Frank... I disagree with 1. You're the only person I've heard with this opinion. However, I've heard many times about the superior build quality of the older 328 vs. the more commercialized, plastized, and electrized 348. I agree with 2. Check the R&T stats on the two. There is only a tenth of a second difference in the 0-60. 40 more hp and 16 more torque make the 348 faster, but not too much. I don't know about 3. I'm sure you're correct with the wider wheels and more modern suspension. I'm not sure how number 4 is a big deal. I don't know about 5 either. I believe you. All the 328's I know here in Texas have great A/C. | ||
| BobD (Bobd)
Member Username: Bobd Post Number: 400 Registered: 3-2001 |
Frank, much of this has been discussed except there's few people here who believe your statement will be reversed in a few years.... if you can't afford a 328, get a 348. | ||
| Frank Parker (Parkerfe)
Member Username: Parkerfe Post Number: 823 Registered: 9-2001 |
Well I have had both a 328GTS and now a 348 Spider. Objective differences; 1)the 348 has a higher build quality ,2) the 348 is faster, 3)the 348 handles better, 4) the 348 has a proper longitudinal engine mounting(the 328 engine compartment looks so front-wheel drive like); 5)the 348 ergonomics are much better;and 6) the 348 ac really works ! Which car looks the best is subjective and subject to different opinions. The only advantage a 328 has over a 348 is it is cheaper to work on, That's it ! If you can't afford a 348, get a 328. If you can afford a 348, leave the 328 alone IMHO. | ||
| 1989 328 GTS (Vilamoura2002)
Member Username: Vilamoura2002 Post Number: 369 Registered: 9-2001 |
Dave, just great! Post a photo of your 328 GTB | ||
| Jack (Gilles27)
Junior Member Username: Gilles27 Post Number: 202 Registered: 3-2002 |
I have never driven a 348, but now that I have a few days in my 328 I can comment about that. Before my car arrived, I saw all the power comparisons posted, but that was never a priority with me. I was more concerned with aesthetics and overall finish. Dave, you're absolutely right about the prices. Any 328 you pick up much under $50K is going to get you back in any undone service. But I couldn't be happier with my 328! I am extremely impressed with the driveablity of my 328. I am 6'2", and I think the car fits me very well, top on or stowed. To me, the total driving "package" feels just how a Ferrari should feel. The pedals are just firm enough, and the shifting is just strong enough to feel a little racy. I wouldn't want it any softer. As for power, I think it has plenty. While it isn't a 1st gear racer, 2nd and 3rd really let it open up. | ||
| Dave328GTB (Hardtop)
Junior Member Username: Hardtop Post Number: 113 Registered: 1-2002 |
Hello all. I just got home and see the 328 vs 348 talk has fired up again. I owned a 94 348 TB challenge car for 3 years. These are arguably the best 348's made, certainly the best performers right out of the box. It was a good car, but I missed the 87 328 I sold for the entire time. So, I sold the 348 and bought an 89 328 GTB with 7K on it, fully serviced and paid a crazy price (according to Martin) of 62K. However, I have been unable to find 328's at the prices Martin and Frank keep throwing out. In fact, I would like to buy 6 89 328's with about 10K and full service on them for 50K and I have the resources. Sounds like easy money to me. Here is my comparo. Besides being much better looking, the 328 is better designed, better made, and much better driving. Yes, the 348 has more power but the 328 has plenty for real world driving. If power was really important in older Ferraris, Dino's would be 10K cars! The steering and suspension of the newer (88.5-89) cars has a tighter, more modern feel, but the early cars are great too. Rick, If you can get this car for 55K, it's a good deal. Up to 60 is probably OK, but retail range. One owner is a big plus. Low mileage does not seem to bother 328's. Mine has been perfect with only 7K on it. I have known and know a lot of 328 owners. Everyone, and I mean every one has had a good experience. Not every 348 owner I know has been so lucky. Dave | ||
| Todd Morvillo (Tm328)
New member Username: Tm328 Post Number: 3 Registered: 4-2002 |
Bottom line,dealers cant get there hand on enough good 328's and its only getting harder and harder to find a good one.348's will continue to fall because there are plenty of good examples still on the market and it was replaced by a much better evolution.The 328 was the last evolution of an extremely popular and recognizable model.Eventually the 348 ts/tb will be below 328's of equal quality. Both are fantastic autos for very different reasons. | ||
| Jim E (Jimpo1)
Member Username: Jimpo1 Post Number: 384 Registered: 7-2001 |
I now have a new respect for 348's after Mark gave me a warm up lap in his car last weekend prior to his dyno run. His car felt a little more refined than my 328 and I was more than a little surprised. It would take me a while to get used to the weird seat belts though. | ||
| Jack (Gilles27)
Junior Member Username: Gilles27 Post Number: 174 Registered: 3-2002 |
Well, then. I guess our work here's done! (By the way, nice 328, Bob!) | ||
| BobD (Bobd)
Member Username: Bobd Post Number: 390 Registered: 3-2001 |
I agree, all F-cars turn my head too... the 348 included! | ||
| Jack (Gilles27)
Junior Member Username: Gilles27 Post Number: 171 Registered: 3-2002 |
CTanner, that's how I felt, but in my case it was the 328 that gets the heart going. I think it's just awesome that there are enough varieties of design to appeal to so many different people. I love the 328, but a 348 still turns my head... | ||
| 1989 328 GTS (Vilamoura2002)
Member Username: Vilamoura2002 Post Number: 360 Registered: 9-2001 |
Martin, don't take it so personal. I know that you love the 328 as well. :-) | ||
| Carm Scaffidi (Cavlino)
New member Username: Cavlino Post Number: 2 Registered: 3-2002 |
I bought my 1989 328 GTS last August from a Ferrari dealer and have driven it 5000 miles (8000 km)both on the street and at 2 Ferrari track events. I find it an excellent car and so far the only maintenance it has required is the usual Oil Changes. It starts up right away each time I use it even after a gentle sleep during this past winter. Like others here, I love all Ferrari's and I wish rather then picking on one of them we would just share are experiences. As for the price range I also agree with the 50 to 55 range. | ||
| Leonardo Soccolich (Lens)
Junior Member Username: Lens Post Number: 184 Registered: 3-2001 |
There?s no denying that 348?s have better performance than 328?s, but unless all you really care about is racing, then you have to consider the aesthetic aspects of both models. Some would say its a matter of opinion, of subjective likes and dislikes, but I think there is no discussion here. The 328 is a perfect three dimensional automotive form. The 348 is not. Every line, plane, curve, bulge?you name it?on a 328, and even 308?s for that matter, is an expression of Pininfarina genius. I can think of numerous adjectives to describe the 328 visual experience: sensuous, taut, balanced, sleek, slippery, etc. The 348 is not proportioned well, its stubby. Its a Ferrari, and I respect it, but its not moving sculpture. I remember my 3D design instructor talking about getting a form to ?sit still.? 308?s and 328?s ?sit still,? the individual elements of the form are in such complete harmony with one another, it almost makes me cry. If money were no object, I would own many Ferraris, but the 328 was, and will always be, my first choice. | ||
| Martin (Miami348ts)
Intermediate Member Username: Miami348ts Post Number: 1988 Registered: 5-2001 |
You want a fight Villamoura, you want a fight (raising my fists)  I have somebody thast just offered me $ 51.000 to $53,000 for my 348. 37,000 Miles. I bought my car for $ 56,000 and the offer comes from a Broker. He actually needs 3 red 348s in that price range and can not get them. hmmm, so if nobody wants 348s why am I offered that much? Anyhow, I merely suggested that for $60,000 you can buy a 348 which is the technologically much more advanced car. And that is something we do not have to fight about (I hope). Now if you do not like the car, fine. I love both. When I had my 328 and 308s I never liked the 348 styling. Never liked the F-40 either and that has grown on me very much. The 348 is a small TR. As for the maintenance and cost, those numbers that some people throw out here are nutz. I have not spend that cash on my car. Last year besides the 30K service of $ 4,500 I have not spend $ 1,000 at the mechanic. Taking off Tires etc, which are wear items that go with mileage. At $5,000 spread over 5 years (15,000 Miles or 5 years which ever comes first) that would raise the maintenance to less than $2,000 per year. Add the clutch of $ 3,000 over 25,000 Miles average with another $ 300 and you are at $ 2,300 per year in maintenance. Big deal! Your 328s are close to that. Again, the original question was how much to pay. I merely suggested that for that money you can buy another car. Heck, you can buy that $60,000 355 Berlinetta from Canada! Who wants to fight about that then? Kind of cool to see 328 owners trash the 348s and spread wise tails without ever having these problems but you never see a 348 owner confirming any of them! | ||
| Marq J Ruben (Qferrari)
New member Username: Qferrari Post Number: 23 Registered: 2-2002 |
Of course you're right, Vilamoura... | ||
| 1989 328 GTS (Vilamoura2002)
Member Username: Vilamoura2002 Post Number: 357 Registered: 9-2001 |
I agree with everything that BobD wrote except that I think that in 2 years time one can buy a 348 for $30000 and a good 328 will worth the double. Nobody looks for a 348. Aren't I right? | ||
| Chris Tanner (Ctanner)
New member Username: Ctanner Post Number: 16 Registered: 5-2001 |
As a long time Ferrari shopper and recent buyer, I understand the dilemia. When I approached a local Ferrari mechanic to help me find a car, I told him I was looking for a Mondial. I really like convertibles and I find the Mondial attractive. My mechanic was NOT very complimentary to the Mondial and suggested that the best Ferrari for the money was a 1989 328. He called it the "Toyota of Ferrari". With this praise, I strongly considered the 328. But alas, the car was not for me. To my eye, the 348 made my heart jump a little more than the 328. I know the bad points of 348s and decided I could deal with them. I considered the spider, but I ultimately preferred the rear lines of the ts or tb. My mechanic was patient with me through my 18 month search, and found me a 1991 348ts with 16K miles and the glossiest read paint you've ever seen (tan interior). I paid $57.5K last month. I think it is amusing that so many Ferraris are running at $55-65K. At this price range, the debate can be enlarged to include the Mondial t, the Testarossa, and maybe even a C/4. As to the original question, I agree with the high $50's opinion. | ||
| magoo (Magoo)
Advanced Member Username: Magoo Post Number: 2642 Registered: 2-2001 |
I think Robs comment on the 328 vs 348 fight covers the whole scope of things here in this thread. It could have ended there. Makes sense to me. IMO | ||
| Daniel B Reese MD (Dbr328gtb)
Junior Member Username: Dbr328gtb Post Number: 97 Registered: 5-2001 |
I would say $55K is a reasonable price for the car. But I dont understand the unneccessary premium the '89s get ($5-10K). You get ABS and suspension upgrades and a front hood that wont kink but IMHO the wheels are less attractive. Perfect non-'89s can be had for $50K or less, making them a better value for the dollar. Just my 2 pennies. With regard to this 328 v 348 thing I thought we all respected each others cars and didnt give undue criticism. I can think of a million reasons why I prefer 328s over 348s. Personally the 348 doesnt do it for me and my next Ferrari will be the F355 (keeping the 328, of course). I wouldnt take a perfect 348 on an even trade for my 328. However, I respect the fact that the 348 owner may think exactly the opposite. When you consider its beauty, performance, engineering, reliability, low maintainance costs, drivability, the 328 is a perfect Ferrari. Life is short, be happy | ||
| Marq J Ruben (Qferrari)
New member Username: Qferrari Post Number: 21 Registered: 2-2002 |
Based on my 1-1/2 to 2 year search for a Ferrari, this is what I personally experienced. I decided to rely on the local dealer for help (a friend of mine is part owner) as who sees/sells/services more Ferraris than a dealer? After at least 20 trips there, talking to the mechanics, parts guys, sales people and seeing which cars were in the shop for repair and why they were there (I had the $$ for either a 328/348)....the 328, as Aaron so aptly stated, "won hands down". There were always 348's in the shop, most often with electrical, engine, or brake system problems. Although the dealer had a few choices of both 328's & 348's for sale, everyone to a man, advised me to buy one of the 328's. I did. I paid $56K for an absolutely pristine example, 7K miles, w/a full "bumper to bumper" 1yr. warranty along with a major/belt service before I took delivery & have never regretted it for a moment. I've yet to have a problem with it and I drive it extensively. But I digress here... Back to Rick's query: $55K-$62K seems a fair price for the described car. And, if properly maintained, don't let the "low mileage scare" put you off, Rick. (my car only averaged 500-600 miles per year by the previous owner). I regularly ran my car to redline and drove it hard the first year as it was under full warranty and I wanted anything that would go faulty with it to do so at that time. Nothing did...and 4K miles of highly spirited and track time driving later....nothing has. Also, IMO, the 328 definitely has the more 'pure' or 'cleaner' Ferrari lines and a much nicer interior than the 348 series. I don't think there's any doubt that the 328 will continue to appreciate better than the 348 series either, if that's of any importance to you. I just looked over 3 different pricing guides (for whatever it's worth) and the 328 series definitely shows a greater appreciation over the past 2 years and pricing on a GTS vs.TS model is only a matter of a few hundred dollars. Make a reasonable offer, buy the car if it is what it appears to be and you won't regret it! They're a blast & they're beautiful....as are ALL Ferrari's. I don't think there's a bad one in the bunch! | ||
| Jack (Gilles27)
Junior Member Username: Gilles27 Post Number: 170 Registered: 3-2002 |
Having recently priced 328s, the price differential from 86-89 isn't as much as it used to be. Basically, anything in great condition is going to be around $48K-$55K. Some dealerships have 89s listed as high as $65K. But they've also been listing them for a year! It also matters what color scheme you want. | ||
| wm hart (Whart)
Junior Member Username: Whart Post Number: 236 Registered: 12-2001 |
I've owned both,too, and if they were the same money, i'd probably go for the 348 on performance grounds, but it would have to be a spider, not the earlier tb or ts. The 348 spider prices have held up pretty well; good low mileage ones would be in the high 70's "ask." The 328, while not as "gutsy" as the 348 spider, is, in some ways, a more complete design, externally, and in the cockpit. A good 89 with low miles should set you back 55k or so, after service, from a dealer, perhaps less from a private party. As to which one to get, why don't you drive both, if they are both within your means. I think i would rather have a really good 328 than a ratty 348, but then, that's just common sense (i think). | ||
| j scott leonard (Jscott)
Junior Member Username: Jscott Post Number: 60 Registered: 1-2002 |
Just for the record, I really enjoy my 328. I have both the resources and opportunity to have what ever model I want and still chose the 328. Looks are classic, performance is great (I'm not taking it on the track for goodness sake just enjoying my weekend drives!), it is a Ferrari after all. I'm surprised how agressive folks are about their car. I don't care if you have a 308, 328, 348, TR, 355, 360, F-40, F-50 or are just hoping to someday ride in a real F-car. If you have a common love for these works of art, respect each car for its uniqueness and special qualities. Or if you just want to argue, my son's 67 Cougar with a 351 will blow away just about all of our cars in the quarter mile. My classic Corvette L-88 can do better than that. My friend's Viper ARC will dust about everything. Bottom line, I really love all Ferrari's and especially my 328. | ||
| Aaron Marks (Aaronb)
New member Username: Aaronb Post Number: 30 Registered: 1-2002 |
When it came down to what Ferrari I wanted - it was the 328 hands down! I never even considered a 348 since, in my eyes, the 328 is everything a Ferrari should be. The 308 is a great car, but after a few years of tweaking that lineage, the 328 (especially my '89 328) is near perfection. I like all F-cars (even 348's ) but they don't speak to me the way the 328 does. I paid $52k for mine - an 89 with 24k miles. I looked at them as low as $35k (one with some 'iffy' history and 50,000 miles) to as high as $65k (with only 8k on the odometer) Last September, the market seemed to be around $48k to $58k for a decent 328 - dealerships were always selling them on the high side. It looks to be about the same today, as well. To get back to Rick's original question, I personally wouldn't pay more than $56 - 58k, but I would imagine the dealer trying to sell it for upwards to $65k. There are always other cars out there, patience is indeed a virtue and the right one will come along. Don't let the 'gotta have its' influence your decision unless you've got the money to spend. Good luck in your quest. 328's rule!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!  | ||
| Jack (Gilles27)
Junior Member Username: Gilles27 Post Number: 164 Registered: 3-2002 |
Actually, if you bought a Supra...Oh god, sorry. Wrong thread. | ||
| Stephen Patterson (Srpatterson)
Junior Member Username: Srpatterson Post Number: 105 Registered: 11-2001 |
Oh my god, it's a runaway thread!!!!!!! Quick, run for your lives!!!! Rob!!! Rob!!! Get out while you can!!!!!!!!! As I've said before, there is no one perfect Ferrari. Whichever one trips your trigger is the one you should buy. | ||
| BobD (Bobd)
Member Username: Bobd Post Number: 385 Registered: 3-2001 |
Frank, you wouldn't pay over $40,000 for a perfect 328??? I completely understand your feeling!!! I personally wouldn't pay $40,000 for a 348 because I think 348's will be worth about $35,000 in another 3-5 years. Of course there are several other reasons I wouldn't buy it too. Rick, to answer your question: a) It all goes back to styling, are you a cheese guy or do you like the more classic look? b) Do you want a car which will cost you significantly less to maintain or do you have a spare $5-7K to put into it annually? c) How important is overall reliability? Rick, if the 328 you've described is as clean as it sounds, it will easily sell in the upper $50s. Now, if the 348 gives you any thrills at all, you can get one for $8,000 less but you'll end up putting $15,000 into it to keep it running. We were at Norwoods this weekend and this exact conversation came up. They love 348s at Norwood, they see them all the time! The 328 will cost you less to maintain and will be worth 15-20% more than a similar condition 348 in 5-7 years. The 348 continues its downward spiral in value as demand diminishes, expect an upward trend in value over the next 5 years with a clean 328. Just my opinion. Good luck and let us know what you decide to do! | ||
| Jack (Gilles27)
Junior Member Username: Gilles27 Post Number: 156 Registered: 3-2002 |
I think the biggest difference comes down to the styling. Obviously performance and cost are in the same ballpark (granted, Ferrari Stadium is pretty damn big!), whereas the styles differ ideally to accommodate different tastes. In my case--and I'd be curious to see how many others were driven likewise--there was a body style I've always had a thing for (308/328, BTW). There was never any doubt what I'd opt for. So, that does absolutely nothing to help you with the price question... | ||
| Martin (Miami348ts)
Intermediate Member Username: Miami348ts Post Number: 1985 Registered: 5-2001 |
Christ if you buy the car at that price $60,000 and put 10,000 Miles on it it will be worth $ 40,000, plus you probably have to do more than just the inspection. waterpump will go, some rubber etc. You just lost $20,000 in value plus another $5,000 in replacement items. Those are some expensive 10,000 Miles. | ||
| Martin (Miami348ts)
Intermediate Member Username: Miami348ts Post Number: 1984 Registered: 5-2001 |
I have a 1991 and it does not eat up maintenance cost. I have no idea where these rumors are from! As I always say to those that ask for HP. Who cares? A truck has 1000 HP and more and can not hold the candle to a Toyota Camry, let alone a Ferrari. I wonder who is spreading these rumors on the 348? Stability price-wise the same thing: You can now buy 328s for as low as $ 35,000, some even as low as $30,000. I have yet to see a 348 scratch the $40K. A car like mine trades for around $ 55,000, just where I bought mine 2 years ago. In fact the 348 has stood the price of all Fs the best in the last two years. Spiders have come down from the 80s to the 70s but the TB and TS have held the price very stable, compared to the 328s, who have lost at least $10K in one year alone! $60K for a mint 328? You have got to be nutz or have too much money! | ||
| Rob Lay (Rob328gts)
Board Administrator Username: Rob328gts Post Number: 1480 Registered: 12-2000 |
Ok, fair, but your opinion isn't fair either. Like I said, big difference between the very nice and sorted out 1994 and the early 90's eat up $2,000 a year 348's. | ||
| Frank Parker (Parkerfe)
Member Username: Parkerfe Post Number: 818 Registered: 9-2001 |
Its not a 328 vs. 348 fight at all. I've had both and can confirm that the 348 is a superior car. The only ones who could possible say otherwise would be someone who has had a 328 but not a 348 ! | ||
| Rob Lay (Rob328gts)
Board Administrator Username: Rob328gts Post Number: 1479 Registered: 12-2000 |
Ok, now this is turning into a 328 vs. 348 fight? First of all, a 348 Spider is a completely different car than most 348's. A Spider runs $20k more than most 348's for good reasons. A 348 has a great design that many like and has more horsepower and modern car feels There's also a reason why the early 90's cars have come down in price close or lower than the level of the 328's. They are probably one of most expensive F cars to maintain, where the 328 is arguably the least expensive to maintain. Many don't care about these marginal costs, but many do. For power the 348 is only 40 more hp and 16 torque! That doesn't translate too much on the street for a heavier car? Design wise you're going to have people in both camps. Feminine lines or cheese graters? I like them both for what they are. Price stability? 348's are still dropping. The 328 has already leveled off. I think it's getting close now and the 348 will be stable at about $5-7.5k more than a comparable 328. | ||
| Frank Parker (Parkerfe)
Member Username: Parkerfe Post Number: 814 Registered: 9-2001 |
Anything over $40k for a 328 is too much ! You can almost buy a 348 for that amount which is a far superior car. I've had a 328GTS and now have a 348 Spider and they're is no comparison in looks,ergonomics, handling and performance. A 348 wins hands down. Plus, I just don't like an engine sitting sideways in a car. It looks too much like a front engined jap car ! | ||
| James H. (Jamesh)
New member Username: Jamesh Post Number: 41 Registered: 5-2001 |
Sounds like the car should be in good shape if the ferrari dealership just did a complete service on it including the belts, but dont assume that. You should ask to look at the invoice cuz sometimes the shop would write down recomended services that are required but not done. If they are asking good money for it, make sure it gets a complete check up before buying it, which should include compression check and leak down test. | ||
| Martin (Miami348ts)
Intermediate Member Username: Miami348ts Post Number: 1977 Registered: 5-2001 |
I would not pay over $50K Why waste your money. Buy one with 25K Miles for $45K or a regular Miles car with 30-40K Miles for $35-40K. For $55K you are better off buying a 348. | ||
| Rob Lay (Rob328gts)
Board Administrator Username: Rob328gts Post Number: 1478 Registered: 12-2000 |
$55 to 62.5k | ||
| bruce wellington (Bws88tr)
Junior Member Username: Bws88tr Post Number: 130 Registered: 4-2002 |
LOW MILES ON THAT ONE, MAKE SURE ALL IS UP TO SNUFF...I AGREE WITH KEN , IF EVEYTHING IS KOSHER , ABOUT 50K OR SO...MY .02 REGARDS, BRUCE | ||
| Ken Thomas (Future328driver)
Junior Member Username: Future328driver Post Number: 90 Registered: 12-2001 |
I have been looking at 328s as well, and The going price for a car with those specs seems to be around $55k to $60K. The low miles (less than 1K per year) might be something to watch out for. Just my 2 cents.... | ||
| RICK ROMERO (Tr90)
Junior Member Username: Tr90 Post Number: 125 Registered: 4-2001 |
What is a good price on a 89 328GTS with 12K miles one owner red/black with belt service just completed by a ferrari dealer. |