Hey Fellas, Im looking at a 86 328 22,000 miles Ive never owned a ferrari and ive been looking just want to get a feel for what you all think the value of the car might be. ill say its average for the argument sake because I havent seen it in person. anyway just want your opinion! and she is red with black interior johnny
These threads should give you an idea! 328 or 348[/b[ http://www.ferrarichat.com/forum/showthread.php?t=44969 1988 328GTS on Ebay $47,600 and counting[/b[ http://www.ferrarichat.com/forum/showthread.php?t=49114 Anyone know of a good 308 QV or 328 GTS[/b[ http://www.ferrarichat.com/forum/showthread.php?t=48830 What's the $$ market for a red 328?[/b[ http://www.ferrarichat.com/forum/showthread.php?t=48089
The question you will have to answer is: how many of the 19-year-old parts have been replaced? I paid $35k for my car but have already invested nearly $6k in replacing worn-out parts, with about another $1k yet to go. Thus it would appear that getting a "no-issues" '86 for less than about $42k total investment is fairly unlikely.
well right of the bat bad news no records of any kind are with this car, it is at a dealer and no records thats kinda disapointing, she will need some work but im going to go take a look at it and see what I have aginst me. where should I look for a good idea of check list of what to look for on these ferraris? thanks johnny
No records should be a HUGE red flag. There is a reason someone ditched the records.....proceed with caution.
well I would be willing to bet it hasnt seen service in a long time if ever But is there anything I can look at to see if it has been serviced any kind of markings on the cams for timing and such the mechanics might have left? I was planing on doing the 20K service no matter what as a preventive maintence thing its apart of my nature I work on helicopters anyway I know its bad but its not the end of the world
Johnny, I have just completed my first year of owning an '86 328 and put in a set of plugs, oil, and gear box oil change. I did find out that some previous owner replaced the plug wires with an inferior set so I am havign to replace those this year. I put about 4500 miles on last year. I bought the car at 33,000 with all records going back to purchase date and had a full PPI done. However, it is a 20 year old car and if you drive it you will end up replacing a number of parts that are just getting old and wearing out, and no Ferrari parts are cheap. Honestly, I would not have bought the car if I could not have put my hand on the service records, way too much risk for someone cutting corners on maintenance. That being said it is a great car and tons of fun to drive adn worth every cent spent on purchasing and maintaning. Good luck. Dan
Thanks Dan, I understand the importance of the record and I feel they may have been lost in the process of this vehicle getting to where it is today, My big thing is I do all my own work on my cars and I dont see some of the major service items being a problem for me to accomplish, Im sure there are some special tools involed with working on these beauties but like I said i on the side lines and have never had my hands on a ferrari so im not sure what I can do on my own, but when I was looking at getting a 308 I noticed alot of DIYers do this work and im all about being on a budget. I just dont see paying 8K for someone to do something that I know I can do if I can work on something that flys I know I can work on something that drives! anyway where would I be abel to track down a listing of part numbers? I did get one of the service manuals on disk but I just got back from Iraq and im not sure where it is... but the point of the mater is im not scared to tear into the car myself and do the major service work I can pick this car up for pretty good price less than 30,000 but it would need some other things addressed than just the paperwork thanks for the help guys
The price makes me suspicious. Dealers would be all over this car at 30 something if no stories. Dave
well if I tell you guys the truth youll probably laugh at me but the car has been involved in a fender bender but has a clean title so she will need some fixing she is at a salvage dealer that I know and the price is 24,000 So I hope that ends te suspicions and I know alot of you guys wouldnt touch this car for anything but I have always wanted a ferrari and its just metal fiberglass and paint. ok flame suit is on please dont hate me for wanting to save a Ferrari
Far from needing flame suit!!! If you can get this car and do the quality work it needs and improve it, knowing fullwell the risks involved, I absolutely applaud you. TOOOOOO many of these cars are left to sit and be parted out when in fact some can be saved by courageous and capable people such as yourself. This board will absolutely show you the LOVE if you make the effort to make this car come alive and you share it with us. We all learn from folks here who are true DYI but keep quality in mind. I cant think of anyone here who wont help you if you embark on this. Go for it with a good PPI, the tools and some $$ to do it right. We all wait to see what you do next.
Definately do not want to discourage you but just want to make sure that you know what you are getting into. I do much of my own work also [part of the fun of having a car like this IMHO] but for example it took me quite a while of searching and I finally found a set of Ferrari plug wires for about $400, normally they are $600 to $800. So even though the labor is free the parts can run into some significant dollars. Plus you are corrrect that some of the work does require special tools, although fortunately on cars of this age this in minimal. If you are planning on doing significant work access to a lift would make your life much easier. The lack of many modern conveniences [ABS, power steering, EIS, etc.] does make being your own mechanic a great deal easier. I have found Ferrrari chat to be a good source of information on on most mechanical issues as well as a good source of information on where to get parts. Searching on any one of the forums will give you quite a few leads.
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To be perfectly honest, that looks more like a $10k 328 to me. If you bought that car for $24k and invested all of the money you would need to make it pristine again, you could probably have just bought yourself a concours '89. Doesn't seem like a bargain to me. Just my two cents.
Ouch... That's pretty rough. Every corner of the car has seen some extensive damage, especially the rear left. Note the rear left wheel looks a bit cockeyed. Obviously there's the possibility of frame damage. The interior doesn't look perfect. Figure a perfect, unserviced, 30k miles 86 328 GTS will fetch 38k private seller, 43k dealer. Add 5k or so if it's been serviced. There's your baseline. You mentioned $24,000. The difference is $14,000. Is that enough to fix what is there? I can't really say. I would sure hate to be they guy buying the car from you or whoever once it had been repaired with a "clean title," even though it appears that it might have been (or was definitely) totalled. I mean--how do you even begin to repair some of that stuff? I presume you'd need a bunch of body panels from Ferrari UK (say), for starters... Can you provide more details on the specifics of what happened? And it's a salvage yard selling this? Yipes. They're selling it for too much (if the car had a salvage title)--salvage value on my old totalled 308 was $4k. Have you ever restored a car in this shape before? If you're able to bring this one back to life, then as mentioned above, we would all applaud you. But it is an untraditional route to ownership, and I really don't think you'd be saving too much money (and you might lose a lot, especially when you go to sell it and can't get full retail) by going this route...
as stated the car does have a clean title i dont know the specifics of how it came to the dealer who has it, but I would imagine something along the lines of the owner didnt want a fixed ferrari I dont think it would take much to fix the car if I used used body panels. have I fixed damage like this yes worse I do agree that the price is too high and I can probably find one at auction cheaper. what does a motor and trany sell for from these I know its a 86?? Im going to go and look at the car and get a eyes on check of everything, I also dont like the way the interior looks looks dirty to begin with but also I dont know how long it has sat but I have seen worse ferraris fixed and if I got it I doubt I would sell it but it would be disclosed that it was damaged. the salvage values are always low but I love a challenge and I know this car can be fixed it looks worse than it is the LR wheel doesnt look bent from the rear picture but again id have to see it in person I just hate to see this car chopped up ive done that enough over the years part out vettes but anyway when I go look at it ill get a list of what I see that it needs and compile cost for parts and go from there
I think your objectives are admirable, but that is going to cost you an absolute fortune to fix properly. And even when you've done that, you're going to have a car that has a chequered history that no one is going to want to buy unless it's so cheap that you will lose your shirt big time (and pants, socks, shoes etc). IMO, 328s simply aren't rare enough to warrant the sort of expense and effort you're going to need to go to. It looks like it needs just about every panel. It'll then need a full repaint. With the sort of accident that can cause that sort of damage I would be surprised if the chassis doesn't need straightening. And that's before you even start on the mechanicals. From the photos I would guess it's been sat there for a while and visitors to the salvage yard have been sitting in it (hence the scruffy interior). Maybe not a problem, but it could be (souvenir hunters taking trophies home? Fidddling with parts and breaking them?). Understand you want a Ferrari, but you *must* let your head rule your heart with these cars. Even doing the work yourself, you're going to be spending a lot of money here. And has been said, I suspect you'll end spending what you could have done one a decent car. Good luck, but please be careful. I'm sure there are more worthy "project cars" out there for you to lavish some attention on.
Call around to get an idea on what body panels cost. Looks like the only thing you won't have to replace are the door skins. It may be a fun project, but it does not make financial sense.
dude, you survived a war to come home to this? think about this for a minute. that wheel looks bent from the pic. how many body panels are gonna need to be replaced, and btw, you cant just bolt them up like on a vette. if you dont align them properly, it will look terrible. figure 4K for a good paint job worthy of the name. i know i know, you can get paint for 500. im not mocking you, but there are cars that you can buy and repair and its no big deal. do a poor job on this one and you will eat it. btw, you are right, if you do helicopters, you can do this drivetrain no sweat. will the army let you use their repair facilities? just at night maybe? good luck nick
Phrogs, This is shear lunacy!! Run. Go price the panels first...if that doesn't wake you up, then go TRY and find used ones...(good luck). If you can find used ones, the prices will still take your breath away. You are getting good advice here...this car is totalled, and is basically a parts car. If it was worth fixing, the insurance company would be having it fixed.....obviously it isn't. Hey, it's your money...prove us all wrong....
A couple of observations: The driver's seat does not look like a 22K 328. Should still look about new. What I can see of the fuel distributer looks aluminum colored which was used on Euro cars. Find out if this is a US car or not. Replacing body panels on Ferraris is not like other cars. All have to be carefully fitted with lots of filing and or lead filler. You would be better off buying a high mileage example for say 30K. Dave
Johnny, I really think that you should do your homework before embarking in such an advenutre. Parts are really high priced (look on e bay, there are some panels at the present moment) and having looked at pictures you will need tons of them! I have no doubts that you can make it if you say so, but that is not the point. You will end up spending more for less. Just my .02 euros Ciao from Italy Eugenio
