Is this a good deal?

Condition, maintanance records, PPI results?

Search the past threads and you'll find your answer.

 

The price is cheap for a 328. I'd worry about the condition at that price. A great 328 will fetch north of $40k.

Ken

 

yeah, we need more details on the car's service history, current condition, tools/books, accident history...etc. at that price it is very cheap.

john

 

If you're in Temecula, we have a couple of excellent Ferrari techs here in San Diego who can/should do a pre-purchase inspection (PPI) if you're serious about the car.

I have a 328 and they're great cars, but like others have said any Ferrari can be a money pit if it has deferred maintenance. Sometimes a $50K 328 that has been fanatically maintained is a better deal that a $40K 328 that's only seen Jiffy Lube over the last decade.

 

I recently went through the hunt for a 328. I investigated about a dozen cars, and none that were less than $45,000 were worth taking home unless you are a Ferrari mechanic or like ratty looking cars. I paid a little more than $50k for mine and think it was worth the extra money.

 

It sounds like your question is : should I buy as my first Ferrari a car that has no service history and is priced about USD 10000 under market - easy : no

If there is no evidence of recent service that means a major belt change service for starters - that service could reveal a host of other issues - it also means the mileage itself cannot be validated - and there are almost certainly other reasons for the price

 

The car has been discussed before...

http://ferrarichat.com/forum/showthread.php?t=122757

 

how verifiable is mileage from a carfax anyway? all one has to do is disconnect the odo after a carfax pickup point, drive thousands of miles, reconnect the odo before another carfax pickup point, drive a few miles, and it looks neat and tidy as a verifiably low mileage car.

as for finding records, send the VIN to ferrari market letter and see if they can tell you where it was sold new. contact that dealer to check if they have any history on the car. at least it's a start.

john

 

Good luck, if all is well you will have a great car for your money.

 

Dealership flaked.... See update on local news:
http://www.9news.com/news/local/article.aspx?storyid=90505

Hope no fchatters lost any money with this outfit. The same owner who sold the 328 had a 348 for sale, wonder if he tried to sell it via these same guys and lost it.

Used exotic cars must be a difficult business. This is the 2nd independent dealer in the Denver metro to have this type of issue, and the 3rd to go out of business.

James in Denver

 

Everybody seems to think 328's are worth mid 40's but I keep getting offers in the mid 30's and the only thing mine needs is the major. I'd be happy to get $40 for it.

 

Please post pics.