I have decided to sell my car, details below. Feel free to email or PM for additional information. 1986 328 GTS - Rosso Corsa over Black with ~103,000 kms, (~64,000 miles) This 328 is in exceptional condition inside & outside. It was re-painted at some point to a very high standard, you will be hard pressed to find stone chips although on very close inspection you may spot one or two. The interior also appears to have been redone and is in very good condition with red deviated stitching and without the obvious indications of wear on the seats, dash or carpeting. The car drives and handles wonderfully, sounds great, no smoking or oil leaks, braking and steering is very responsive, gauges work as they should and the A/C blows nice and cold. This is a Canadian car from new with full service history from first-in-service date. I believe this car to be accident free, this is supported by visual inspection as well as the CarProof report. The last belt service was performed approximately 5-6 years ago (18,000 kms ago) at 85,000 kms with an adjustment the following year. The targa top is in excellent condition. The jack & tool kit is present although it appears to be missing one wrench, also the spare wheel and leather manual pouch are missing. The owner's manual is available and extra keys will be included. The wheels are in excellent condition and tires are like new. For what its worth, current Hagerty valuation guide shows a condition 2 (excellent) car valued at $122,000 and a condition 3 (good) at $80,600. I would easily place this 328 in between a 2 & 3 condition car, definitely well above good condition. Asking: $75,000 (USD) OBO Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login
Good luck with the sale. Good to see another car that someone wasn't afraid to drive out there at a good price.
Thanks TrojanFan, I followed your for sale post and couldn't understand why, like many others, your car hadn't sold... still don't understand it. Maybe prospective buyers believe that a car with less miles it better? I get why some lower mileage cars generate more interest, it's not often that you see a 30 year old car with extremely low miles, but then if you're expecting to purchase a car to drive and enjoy, do you want to be "the guy" that pays a premium? Why not purchase a very nice properly driven and maintained car for literally tens of thousands less? After all 2,000 miles per year average isn't high, especially if serviced well. I suppose there will always be dreamers and buyers and those hoping to stumble upon a great deal, a barn find where the owner simply has no clue what the current value of these cars is, good luck. Those seriously considering buying today take note, a few years ago these cars were considerably less than they are today and if my crystal ball isn't deceiving me I will bet dollars to donuts that in another two years you'll be paying more for the same car, a lot more... or wait, the choice is yours, but do it while you can, life is too short. Stay Well, Mike
Agreed. The two types that I have seen selling are the $100K+ garage queens with an average of 300 - 400 miles per year on them. That means that those cars have most likely sat for years. If someone is looking for a museum piece, great. If they want a driver car that has been well maintained for thousands less, they know where to look. The other cars that are selling are the neglected ones in the sub $65K market. Buyer's seem to think that they are finding a "diamond in the rough" only to find out they they may be looking at another $20K+ to get her back into good shape. They would have been better off going for something that has the service records and has been taken care of. Pay for it now or pay the shop $$$ later. Good luck with you sale. Worst case for me is that I get to keep driving her.
Asking Price REDUCED: $71,000 (USD) OBO An opportunity I have been working on for 3 years is coming together, I'm selling this car. If you have been seriously considering a 328 contact me, this car will not disappoint. Thanks for looking, Mike
Asking Price REDUCED: $69,000 (USD) OBO If you have been seriously considering a 328 contact me, this car will not disappoint. Thanks for looking, Mike
I'm sure if you give it some time you can sell it at your original price or near it. Looks like a solid car.
I'm sure you are correct, however, I am pursuing another acquisition that is motivating my desire to sell. Someone is going to get a very nice car at a very good price. Mike
Asking Price REDUCED: $67,000 (USD) OBO Someone buy this car, I appreciate the interest, however, only serious buyers please. Thanks again, Mike
$65,000 (USD) OBO What has happened to the market for 328's, I have seen some nice cars for sale and not moving for many months, are buyers waiting for sellers to drop more than their price? This is a great car in extremely nice condtion both aesthetically and mechanically, great opportunity for someone looking for the right car. Thanks again, Mike
The "real" market for 328 GTS "nice driver" but not "collector" cars never broke through $60K in my opinion. Asking prices did but I don't think real prices ever did. I have seen similar cars sell around $55K privately, some with recent majors. And those are cars in the USA. Bringing a car in from Canada entails extra costs and headaches. 328 GTB another story. If it were something other than red, specifically BLACK, I would be interested.
I agree that an understanding of "what happened to the market in general" will help identify the market and possibly the pool of serious buyers, and it's clear, at least to me, that nice 328's are sitting for 6 months or more. Even very nice cars are lingering. Clearly a sign that the marketplace for sales has softened significantly. With regard to finding a "reasonably good F360" for $65K USD, please share where these cars are hiding? Even here in Ontario and across Canada finding a good 360 for $75K CDN is a task. Regards, Mike
Hi Russ, I can't say if decent driver 328's have broken through the $60K barrier in the US regularly, I have looked for recent auction / sales results and have found only a few cars that have. Most recently Barrett-Jackson sold an 86 for $90,200 including fees and an 88 for $60,500 included seller fee. Depending on how one defines "collector" & "nice driver" will determine that line that distinguishes the two and this is subjective and personal to a buyer. If you are looking for a black car there are several available, fairly low mileage and under $60K USD. Beverly Hills Car Club has a couple, an 87 with 35,157 miles for $62,500 and an 87 for $57,500, have you looked into these gems? Gullwing has one with 32,000 miles for $56,500, another for consideration. Your comment regarding "bringing a car in from Canada entails extra costs and headaches" isn't entirely accurate. If by extra costs you are referring to duties at 2.5% then you would be correct, this isn't a cost Americans would incur if purchasing from within US borders. Headaches can be experienced regardless of where a car is purchased, this can be a very painless exercise especially if you know what you are doing. It may sound like a daunting undertaking if you don't know what you're doing. Let me know if you require help in this area I can provide the name of a firm that can handle it for you? Anyway, whoever purchases my car will be getting a very nice 328 at a great price. Regards, Mike
In support of Mike (seller) on the Canada thing, I recently looked into buying and shipping a 360 spider from Ottawa to FL. Estimate from TFX for closed carrier shipping was $1800 plus the 2.85% duty with TFX handling the paperwork. Yes, it's a bit more hassle than buying a US car, but it didn't appear to be hugely so. That said, the car I was looking at buying was originally a US market car, then exported to Canada. I don't know whether this made the logistics easier or not. It shouldn't matter with Mike's car since it's more than 25 years old. Transaction only died at the 11th hour because the seller found a local buyer. I had baked in the 2.85% duty and the shipping cost into my offer, which a local buyer could and did beat.
Mike, Please give us the name of the firm that can handle the export from Canada/import into the US of vehicles. Paperwork as well as transport is a worry as many have said and doing it from Canada just adds another layer. Thanks in advance Ric
If it helps I used these when importing my F355 and all went seamlessly. (both were known and suggested by the previous owner of my car) Dell Will Customs brokers 734-946-3040 and for shipping I used Mackie transportation 905-728-1000
As I mentioned in an earlier post, TFX was prepared to handle all of my paperwork. You can either get just a direct shipping quote from them, or shipping + import paperwork, Car Shipping from US to Canada| TFX International. I have no ties to them, nor direct experience (other than back and forth regarding quotes), but was prepared to go with them before a deal that I thought I had fell through. I was originally somewhat hesitant about bringing in a car from Canada, but I'd think that Mike's car would be particularly easy given that it's over 25 yrs old. To give yourself peace of mind, you might want to check with your state's DMV about titling requirements for a 25+ yr old car imported from Canada. I live in FL, which is particularly lenient. Other states, e.g. CA, might be more of a hassle. I don't believe that US Customs is the issue, other than paperwork and the need to pay import duty.
Thanks James, I have not used this firm, however, a positive experience from a member is a good indication. I can suggest Can Am Auto Importers, Inc. Can Am Auto Importers, Inc. - Import Cars, Trucks, Vans, SUVs and other Vehicles to the US and Canada 1300 Military Road Kenmore, New York 14217 1-(716)-873-3097 Phone 1-(716)-898-8886 Fax Import & Export Specialist... Scott, Jessica or Shane. The website allows for a quote to be provided with the completion of a simple form. They can handle importation, transportation logistics as well as title details from difficult to register states. Hope this helps, Mike
If the car that your buying was an org U.S car you don't have to pay the 2.85% duty or you can claim to get it back.Lots of people don't know that.But you must prove it was org a U.S car which is not that hard to do.
It's funny you mention that because logically I'd have to agree with you. Otherwise, the car would be charged duty twice, once upon original import to the US then again once re-imported. I spoke with TFX about this and they swore up and down that I had to pay duty and never stated or even implied that there'd be a way to reclaim it. The seller also called US Customs and received the same reply as was given to me by TFX. I never pursued it further once a local buyer swept in with a better offer and sealed the deal.
