worth repairing? | FerrariChat

worth repairing?

Discussion in 'Technical Q&A' started by mwhite, Dec 9, 2006.

This site may earn a commission from merchant affiliate links, including eBay, Amazon, Skimlinks, and others.

  1. mwhite

    mwhite Karting

    Nov 10, 2003
    190
    Birmingham, AL
    Full Name:
    Matthew White
    #1 mwhite, Dec 9, 2006
    Last edited by a moderator: Sep 7, 2017
  2. rolindsay

    rolindsay Formula 3

    Jul 14, 2006
    1,022
    Houston, TX
    Full Name:
    Rick Lindsay
    Wow Matthew. I'm really sorry for your accident. I take it you are in okay health? Sadly, the 308 crumples - but in doing so, it saves the driver.

    Just from looking, I suggest that try to find a parts car. T.Rutlands used to have a few 308's. The whole lower valence is available new. Best luck. -rick
     
  3. GrigioGuy

    GrigioGuy Splenda Daddy
    Lifetime Rossa Owner

    Nov 26, 2001
    33,383
    E ' ' '/ F
    Full Name:
    Enzo Gorlomi
    How are the gaps at the back of the doors? If they're OK, then maybe it's fixable

    Fortunately, there's a lot of front clips available because of all the engine fires
     
  4. tatcat

    tatcat F1 World Champ
    Owner Silver Subscribed

    Sep 3, 2001
    11,013
    panama city beach FL
    Full Name:
    rick c
    damn...doesn't look good. whole front end sheet metal and mechanicals. i would think the determining factor is how much you've got in the car now. that plus the repairs will tell. if you're still in the market range fix it. if not part it out and start over. damn...
     
  5. BwanaJoe

    BwanaJoe Formula 3

    Oct 23, 2006
    1,764
    Former Space Coast
    Full Name:
    Joe Burlein
    Dude, that sucks. I hope you are OK. Did you have an agreed value policy? I would assume so. Was it for at least what it would be to replace with a superb example? Personally I say fix her if you can. The rest of the car looks great. Get new panels from Ferrari UK and find a good body shop.

    Oh, and shoot the bast**d who hit you...
     
  6. jm3

    jm3 F1 Rookie

    Oct 3, 2002
    4,364
    United States
    Full Name:
    JM3
    that can be fixed perfectly. I cannot believe what a good body shop can do nowadays.

    It looks like a nice (ie not red) car that should continue making people stop and look.

    nice wheels are those 16?

    JM
     
  7. Bandit

    Bandit Formula Junior

    Dec 21, 2003
    493
    Central MS
    Full Name:
    Mike B.
    Unless you are emotionally attached to that particular car, I say take the insurance money and buy another one. Let someone who can do the work themselves get it and fix it up. You will be upside down fairly quickly if you have to pay to get it fixed.
     
  8. DMOORE

    DMOORE Formula 3

    Aug 23, 2005
    1,720
    San Diego
    Full Name:
    Darrell
    When I see things like this I have to look at it in a logical manner. For me it's like this.


    Price of perfect 308
    - cost of repair
    -15% ( for crash depreciation)
    _______________
    = price of 308 (insurance buy back)

    If you can get the car back from the insurance company for a low enough price, it may well be worth rebuilding it. In the end, if the right shop does it, it could be better than new. Something to think about. If the equation does not factor out, you'll be better buying a new one.




    Darrell.
     
  9. DMOORE

    DMOORE Formula 3

    Aug 23, 2005
    1,720
    San Diego
    Full Name:
    Darrell
    BTW Matthew, really sorry about the car. Good thing your ok. The car can always be fixed.

    Darrell.
     
  10. Dr Tommy Cosgrove

    Dr Tommy Cosgrove Three Time F1 World Champ
    Owner Rossa Subscribed

    May 4, 2001
    36,585
    Birmingham, AL
    Full Name:
    Tommy
    I am so sorry about that. Mine is black too so I can hardly look at those pictures.

    I hope something works out for you from all this. Since I live here too is there anything I can do to help? Where did you have your car taken to?
     
  11. mwhite

    mwhite Karting

    Nov 10, 2003
    190
    Birmingham, AL
    Full Name:
    Matthew White
    I realized the correct perspective later that afternoon when I was in the social security office with my girlfriend (she's british and we are getting info to get a driver's license). I saw a late 20's aged guy with one leg. It definitely could've been worse. This was my first ferrari and it took me about a year to find one I wanted. I spent the last two years fixing what was neglected by the previous spoiled, undisciplined owner. The only thing that was left to fix on that car was the horn and the clock. I guess you can always make money but it is not so easy to make a leg or arm.
     
  12. mwhite

    mwhite Karting

    Nov 10, 2003
    190
    Birmingham, AL
    Full Name:
    Matthew White
    the car was towed and monday I will have it taken to a friend of mine who owns a body shop. He will let me keep it there for free since I think I will be in a legal fight with the insurance company. If there is anyone out there who knows of a parts car or burn out, I think it would be a good start for me to figure out the feasability of it being fixed.
     
  13. mwhite

    mwhite Karting

    Nov 10, 2003
    190
    Birmingham, AL
    Full Name:
    Matthew White
    Tommy,
    I will keep you posted. I know you do a lot of your own work and I value your advice. Haven't met you at hamburger heaven but I saw you there once before I bought the car. I also have a '73 RHD mini that I take there. Anyway, thanks for your offer of help. Everyone has always gone out of there way to be of assistance with any problems. Thanks again.
     
  14. Mark 328

    Mark 328 Formula Junior

    Nov 6, 2003
    510
    Orange, Ca
    Full Name:
    Mark Foley
    Matt:
    Very sorry to learn of your loss. Mine is a black too.
    I worked in a body shop during high school and have "dabbled" with little projects since then.
    From what I see in the pictures, it looks like a lot of sheetmetal damage and the wheels look ok? It looks like it was hit high which seemed to cause the front to “curl-up a little therefore perhaps didn't do any/much frame damage.
    To round-up parts, do the repair you are realistically probably looking at a year or more. You will end-up with a nice, low mileage, black car with fresh paint and a salvage title. My thought is that if you like the car, can do some of the work and can get the car for a good price from the insurance, and can live with the outcome I would recommend you go for it—it will be a great bonding experience. A front end may not cost that much—perhaps you can even buy another whole car and resell some parts.

    Mark
     
  15. miketuason

    miketuason F1 World Champ
    Owner Silver Subscribed

    Feb 24, 2006
    15,831
    Cerritos, CA.
    Full Name:
    Mike
    Matthew I'm glad you're OK but I'm just curious, did you have the front Euro bumper or US?
     
  16. Mike C

    Mike C F1 Veteran
    Lifetime Rossa Owner

    Aug 3, 2002
    6,081
    Southeast USA
    Full Name:
    Mike Charness
    Sorry about your loss -- we missed you Saturday at our Birmingham drive and lunch.

    The way Alabama law is, if the cost to repair is 70% of the value of the car, it *must* be totalled. Even if rebuilt, it will have to have a salvage title. Unfortunate, but that's the case. My nextdoor neighbor had damage to his 308QV that looked about like yours; I think T. Rutlands ended up buying it as a parts car -- I do know that they at least made an offer on it to the insurance company.
     
  17. rolindsay

    rolindsay Formula 3

    Jul 14, 2006
    1,022
    Houston, TX
    Full Name:
    Rick Lindsay
    Sounds like time to get with your lawyer and elevate the "value of the car" to its proper value. That is, just beyond that 70% number...
     
  18. fletch62

    fletch62 Formula Junior

    Mar 8, 2004
    333
    Fairhope, AL
    Full Name:
    Larry Fletcher
    The rule of thumb is you can keep the car for a 20 to 25% reduction in settlement price. You need to work on documenting the actual value. If the moron that hit you has enough insurance it will probably won't be too bad to settle with them. From their veiw they want this to go away and wish their customer had hit a ford or toyota, they know how to deal with these. If you get all your facts together you will probably get what you ask for.

    Having rebuilt wrecks before myself I would get it on a frame bench and measure the critical points and go from there. If there is no frame damage then its an easy fix. If you have frame damage there are only a few shops in the USA that are equiped to fix it. A friend had a TR that was wrecked in FL and the car was sent to PA to be fixed.
    Larry
     
  19. 285ferrari

    285ferrari Two Time F1 World Champ
    Sponsor

    Sep 11, 2004
    20,975
    MD and NE
    Full Name:
    Robbie
    Glad you are unhurt!!!!! Buy it back from the insurance company and part it out. Unless you plan on keeping it forever--you will never get anywhere close to what the car is worth wrecked--even repaired properly. I would part the car out on Ebay , etc. You will make more money that way - then start your search for another car..Parts for these cars are getting harder and harder to find. People will pay a premium for good parts that can't be found!!! I have been buying and selling used parts for about 6 months now, there is def. a market for it..
     
  20. Simon^2

    Simon^2 F1 World Champ

    Oct 17, 2005
    12,313
    At Sea Level
    I woukld suggest the crash history subs more than 15% but agree with the approach. My guess is, unless you are looking for a project, you should walk (run) away.

    As others have said, I'm glad the damage to you is only emotional. Sorry though.
     
  21. ernie

    ernie Two Time F1 World Champ
    Lifetime Rossa Owner

    Nov 19, 2001
    22,620
    The Brickyard
    Full Name:
    The Bad Guy
    OH MAN!!!!

    Let me guess......no insurance, right?
     
  22. flyingboa

    flyingboa Formula 3

    Nov 27, 2003
    1,564
    Italy
    Full Name:
    Eugenio Dalla Rosa
    How fast were you going at the impact? It seems that all considered the car reacted fairly well to the crash as (luckily) you got out unhurt. Glad to know that i real life a 30 year old design is still adequately safe: praise the Ferrari/Pininfarina engineers.
    Good luck with the insurance.
    Ciao
    Eugenio
     
  23. Dr Tommy Cosgrove

    Dr Tommy Cosgrove Three Time F1 World Champ
    Owner Rossa Subscribed

    May 4, 2001
    36,585
    Birmingham, AL
    Full Name:
    Tommy
    I realize this is almost 20 years later but:

    Back in 1987 we had a 79 MG Midget that was near mint. Lady ran a red light and it looked like your 308 when the dust cleared. I think the "book" value was about $1400 for "average" back then and that's what her ins company wanted to give us. We had a nice car, $1400 wouldn't come close to replacing it.

    What we ended up doing was getting 3 car dealers to write a letter stating that if they had our car on their lot, they would sell it for approximately $4000 - a fair price based on the shape it was in and the low milage. Those three letters got us a check from her insurance company for $4000 without any further problems.

    I have no idea if that would still work or not but it is worth a try.
     
  24. Verell

    Verell F1 Veteran
    Consultant Owner

    May 5, 2001
    7,022
    Groton, MA
    Full Name:
    Verell Boaen
    From the pictures it looks like you only have sheet metal damage. The 3x8 front sub-frame is pretty low & is very strong. The wheels don't look to be significantly out of line, & the doors don't look like they're shoved out of line. All very encouraging signs. It would take checking with laser frame machine to be sure, but I'll be very surprised if the frame is seriously bent.

    Of course, that front sheet metal isn't cheap, however, new & used sheet metal is readily available.

    If it were my car, I'd be seriously considering the economics of repairing it. Of course, I can do my own body work once the frame is set right.

    I question the statement that only a few places are qualified to do 3x8 frame work. Those frames are NOT particularly exotic (unlike the later cars w/carbon fiber & exotic material frames). Any quality shop with a laser frame aligner should be able to sort the frame out better than it came from the factory. A shop that aligns tubular race car frames should find it's construction very familiar & easy to work with.
     
  25. spike308

    spike308 F1 Rookie
    Owner Silver Subscribed

    Nov 8, 2003
    4,756
    Austin TX!
    Full Name:
    Mike Z
    You have incredible perspective on this unfortunate turn of events.
    Sorry about the car... I'd go nuts if it was mine.
    Really glad you are fine.
     

Share This Page