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FerrariChat.com » Technical Q&A Archives » Archive through February 24, 2003 » 365 GT 2+2 V-12 Rebuild is 13 years old « Previous Next »

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Tom Yang (Tyang)
New member
Username: Tyang

Post Number: 4
Registered: 12-2002
Posted on Thursday, February 06, 2003 - 6:33 am:   

Thanks Ben,

I try to stop by to see what's going on with Rob's site, but sometimes I'm too busy running my own site!

Always glad to help!

Tom
http://www.tomyang.net
Ben Lobenstein 90 TR (Benjet)
Member
Username: Benjet

Post Number: 985
Registered: 1-2001
Posted on Wednesday, February 05, 2003 - 11:07 pm:   

ahem, pardon this off topic intrusion...

Welcome Tom Yang if it hasn't been said already!

and now back to the topic at hand.

-Ben
Tom Yang (Tyang)
New member
Username: Tyang

Post Number: 3
Registered: 12-2002
Posted on Wednesday, February 05, 2003 - 9:58 pm:   

Hi Mike,

Just a word of caution, make sure you have proof of who actually did the rebuild. The mechanic I work with has had his name tagged with a rebuild, when all he did was a detailing and a valve adjust on a car for sale!

A person on my forum is currently going through a rebuild on his 365 after a supposed rebuild (before his purchase) failed after several thousand miles. The work was done by a reputable shop but the owner of the car at that time "cheaped out" to sell the car.

Good luck!

Tom Yang
http://www.tomyang.net
JRV (Jrvall)
Member
Username: Jrvall

Post Number: 831
Registered: 11-2002
Posted on Wednesday, February 05, 2003 - 9:34 pm:   

>>>Back to Mike's original question, the overhaul should last a long time, and 10-12,000 miles is nothing if routine maintenance has been kept up. <<<

Agreed..

,..however those older Columbo V-12's were never happy about missing valve adjusts, recc. every 6K miles...and if we calculate correctly..one at 1000 miles w/head torque, one at 7K miles and one at 13K miles is 3 valve adjusts....now if it has had none in this period it certianly wouldn't effect the engine overhaul, but valve problems (that were very common) could be a concern. I've seen a fair number of ruined valve tips and adjusting screws due to neglecting valve adjusts, they get loose and beat themselves to death. Even Ferrari knew this and thus recc. adjustments every 6K miles.

so like I said..valve adjust records and a leakage test are great places to find the answers inquiring minds want to know.
William Badurski (Billb)
Junior Member
Username: Billb

Post Number: 138
Registered: 6-2001
Posted on Wednesday, February 05, 2003 - 9:19 pm:   

Back to Mike's original question, the overhaul should last a long time, and 10-12,000 miles is nothing if routine maintenance has been kept up. "Expensive back then" is probably cheap by today's standards. Based on my experience, a complete V-12 overhaul with new pistons and the usual valve and guide replacement/repair runs about $20-24k by the time you get all the little things. I'd definitely put a high value/priority on locating a car with a recent or low-mile overhaul.
Mike Madden (Cobra217)
New member
Username: Cobra217

Post Number: 8
Registered: 1-2003
Posted on Wednesday, February 05, 2003 - 7:50 pm:   

Thanks for the feedback. Bob Wallace seems to be the V-12 guru. I wondered if his engines are better han most other rebuilders and if his work adds value to the price of the car. Just a thought.
Mike Madden (Cobra217)
New member
Username: Cobra217

Post Number: 7
Registered: 1-2003
Posted on Wednesday, February 05, 2003 - 7:50 pm:   

I hear Bob Wallace is a V-12 guru. I was wondering if a car with his rebuild under the hood has any added value. That is, of course if the owner maintained it properly.
James Selevan (Jselevan)
Member
Username: Jselevan

Post Number: 330
Registered: 6-2002
Posted on Wednesday, February 05, 2003 - 7:29 pm:   

Mike - I have a (slightly) different opinion than JRV (and Brian). Over the past 12 years the car has been driven 1000 miles per year. Sounds like it was periodically driven, and not a garage queen. With respect to the engine rebuild, 12,000 miles or 12 years does not jump out as a flag with respect to needing a new engine rebuild. The engine should last many more miles, and many more years (assuming it was not driven beyond the recommended RPM, overheated, had appropriate oil and filter change, etc.). What will start to fail are hoses, both water and fuel. Rubber will age, thus tires and bushings may be an issue, although I don't change bushing just because they appear cracked on the edge.

In summary, routine superficial service will likely be required (hoses, generator belt, water pump belt, etc.). Maybe tires (depending on how fast you plan to drive and whether they have flat spots - unlikely with 1000 miles per year). Perhaps generator brushes (if it is not charging correctly). I have 4 F-cars with combined age of approximately 100 years, and the more I drive them the better they are, and most of the dollars I have invested in "fixes" were because I wanted to, not because they needed them.

Enjoy the 2+2 V12. Great car, great value.

Jim S.
Brian Keegan (4redude)
New member
Username: 4redude

Post Number: 40
Registered: 7-2002
Posted on Wednesday, February 05, 2003 - 2:12 pm:   

I agree with JRV on both items.
JRV (Jrvall)
Member
Username: Jrvall

Post Number: 820
Registered: 11-2002
Posted on Wednesday, February 05, 2003 - 9:23 am:   

Bob Wallace is well respected.

12 years is quite awhile by some measures. I'd want to know about valve adjustments in the interim and a leakage test would be very prudent.
Mike Madden (Cobra217)
New member
Username: Cobra217

Post Number: 6
Registered: 1-2003
Posted on Wednesday, February 05, 2003 - 7:56 am:   

I am looking at a 68 365 that had a complete engine rebuild by Bob Wallace in 1990. I estimate the rebuild has about 10-12,000 miles on it. It was very expensive even back then. Can I count on this engine lasting a looong time? It has been well maintained and excercised regularly. Should I pay a premium for a car with a recent engine rebuild?

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