35k to repair a 360 engine

eBay listing from a reputable source has "brand new 360 motors" for $25k. Rebuilding is typically a lot more yet while doing it you can spec it out how you want.

 

Contact Exotic Auto Recycling. Ask for Ryan.
You can get anywhere from 5000-15000 mile engine for under 15000. With a warranty.
They are in No Cal and ship all over. I think they have a CS engine for 15.

 

Belt went? When was it last changed? Would be good to know.

 

+1

 

Sounds really high to me, but why would it be a surprise? Shouldn't they be in contact and estimating as they go? Also, they should have said - look, at this point, just get a new block since it will be cheaper than rebuilding this one.

Good luck man; sorry to hear you are in this...

 

Sounds a tad high. I would have put a used motor in myself. $130/hr sounds like dealership pricing. If they used new parts pricing from a dealership then I can possibly see the pricing. Bolts and screws are $3/each.

I'd get an itemized bill if I were you.

 

I don't think I would spend so much money to fix it. How many miles on the engine?

 

Get a break down of labor and parts. Can't really comment until you post at least somthing a long those lines.

 

What is the itemized list?

 

I wish, my local shop charges $165/hr, daren't ask what the dealership charges

 

That is very high. I would get a complete parts list.

understand its all done now but you can pick up used working engines $8-12k on ebay & breakers.

 

I use IFS (John Terrell) right up in Easton MA he might be someone to help you on this. Did you ever get a budget or a quote before you started this service with them?

Best of luck

 

I know the focus of this thread is cost, but still curious how long since last belt change.

 

Yikes. Hand written list? That is a huge red flag. Even old-school guys put everything in a digital document of some kind these days. Gotta see the full list of items broken down in labor hours and parts and totaled. That is just normal operating procedure and the only way to know what you are paying for...

Sorry you are going through this.

 

Where did you go to have the work done for that much money? That is crazy!!!
I deal with John at IFS also and he is top notch. His rates are more than fair and he is as knowledgeable as they come. It might have cost you half as much for him to do it. I suspect that the shop you went to added a "premium" because you had started some of work and bought your own parts.

 

+1

 

Sounds unreasonable to me. Get them to specify exactly what was done, an itemised list of which parts were used etc, and provide evidence of the items they purchased for your rebuild, with invoices. I would be very surprised if your local laws would not oblige them to do so, and they require the specification of parts bought for their administration so they should have them.

If they refuse and you don't have an attorney yet at this stage I think finding and spending a few hours with a good one who has experience in such cases would be a good investment. Do every communication by written statements from here on, do not agree to anything and definitely don't pay them.
From a specification it should be a lot easier to build your case further. You can take an itemised list to Ferrari parts counter to have it priced and that way see if they are telling the truth and not use unreasonable markups etc. If they refuse to provide one, your attorney can send them a letter on official paper to help getting things going into your direction.

 

+1000



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I'm sorry.. this isn't the 355 section.. hehehe

 

I wouldn't pay $35 on the basis of that scruffy bit of paper. I hope they provided more than that as basis for their charges.