No Cheap 400s Left?

Aidenparte,
don't get me wrong. When I said unloved, I really mean they are not held in the same regard as other classic Ferraris. I personally really like the cars, and have been contemplating a purchase. That's why I have been pricing them over the last 6 months or so. I know it's like anything, ya get what you pay for, but there are deals to be had. Sometimes people just tire of a car and would rather sell than put the money into the car to make it perfect. BTW, beautiful car you have.


Darrell.

 

Darrell

I know what you mean - no worries. I think a lot of it comes down to the contemporary press - first Ferrari with fuel injection, first with an automatic, understated looks, etc. It really is a great GT car and I think it is a beautiful design.

I hope you get a good one!

Aidan

 

There are no shortage of cheap cars in the UK.

Justin Banks has two. One is green but fairly decent looking at 8,500; and a black chop top at 14,995.


Sobody in the west midlands will sell his red autocraft shop top for 8,000, though he surmises it's got a fuel delivery problem as the explanation for why it's not running. http://www.carandclassic.co.uk/car/C20552

Somebody in Cambridgeshire just sold a nice looking (light blue) 400i at a listed 8,750.

Runnymeade has a nice looking light blue 365 GT4 2 + 2 (arguably a much quicker car) listed at 12,950

A private seller in Ireland has a 78 allegedly the subject of a stupidly expensive major restoration for 11,500 http://www.carandclassic.co.uk/car/C18401

This guy wants a lot for his 84 (19,950)http://www.carandclassic.co.uk/car/C12618

 

And here are some cars in Switzerland (chf = .822 US Dollar) on autoscout. Seems pretty much dead on to US pricing to me. High asking is 36k USD. Low is about 22.8k USD.

FERRARI 400 I 1983 blau 100'000 km CHF 27'800.-

FERRARI 400 i FERRARI 1984 anthrazit 28'000 km CHF 45'000.-

FERRARI 400 i 1983 anthrazit 59'000 km CHF 39'430.-
FERRARI 400 i 1981 silber 87'000 km CHF 27'900.-
FERRARI 400 iA 1982 schwarz 58'800 km CHF 39'000.-
FERRARI 400 1981 silber 72'000 km CHF 38'000.-
FERRARI 400 Automat, Coupé 1978 rot 132'000 km CHF 33'000.-

 

My experience has pretty much tracked the usual course. I had no idea what I was doing (that doesn't track the usual course,granted.), bought it on eBay for 19K, took delivery of an absolutely filthy car that had, praise God, been maintained for most of its life but not for several years, according to my mechanic. The fluids were filthy, but the vehicle ran very well and has continued to do so despite one trip through the Shell car wash. That said, the initial cost to get it cleaned up was about 3K, as I recall. I used it quite a bit at first, which of course turned up a sequence of issues that took another 3K (ignition issue was main thing here). That left me with a car that has a very worn suspension, no a/c, and a fairly tired interior. I've developed so much respect for this car -- it's really a tough vehicle, so beautifully built -- that I'm going to do a complete suspension replacement in early August. I've budgeted 5K a year just for maintainance and the usual things that go wrong. This year, by early July, I've spent all that but I'm looking for a better year in 2008.

 

I love the 400, but even more so its predecessor, the 365 with her SIX tail lights and matching exhaust tips!

 

I've been monitoring prices for the past 7 months and you cannot find a late model 550 for the lower '50ies. Not unless it has circumvented the Earth a couple of times.


Onno

 

Now its cars available (not nice examples) in the MID 20's (not 20K)?

Yep, I think you're correct now. You can indeed find some good 400's in the mid to high 20's.
They have some trouble spots that eat up cash pretty fast, front suspension and exhaust just to name a few.

I saw you have a 355 now. Seems we're going the same route. I have a few "sports" cars but wanted a GT car.
I'm on my second 400i now. They're great GT cars, you'll love it. Find a good one, a "TLC" or "light project" car will eat your lunch.

 

oooooo sexy car

Love those 15" wheels.

 

Jungathart,

The six exhaust tips are only on the 365BB, unfortunately not on the 365GT4 2+2 - though a six tip exhaust would look cool on the car!

Regards,

Art S.

 

Thank you for the correction. My bad

 

Theres a thread to an ebay boxer in the boxer section. The seller has a 400a carbed car soon to be for sale for $20K if anyone wants to contact him.

 

I wish you hadn't listed that one...it's a manual too.

http://www.carandclassic.co.uk/car/C08104

Wonder what trade in they'd give me on the 308 GT4?

 

YIKES! Look at that dash.

 

I know, and it looks a bit rusty at the edges of this photo.

Just goes to show that reasonable, cheap V12s are getting harder to find.
Image Unavailable, Please Login

 

Looks very good, reasonable if not outright "cheap".

http://motors.search.ebay.com/search/search.dll?sofocus=bs&sbrftog=1&catref=C6&fcl=3&frpp=50&from=R10&fccl=1&satitle=400i&sacat=6211%26catref%3DC6&a39=-24&a38v1y=&a38v2y=&a10239=-24&a39705=-24&a10244=-24&alist=a39%2Ca41%2Ca38v1y%2Ca38v2y%2Ca10239%2Ca3801%2Ca8

 

..and its suede? Mama Mia why would anyone recover it in suede?

 

I know this car do a search, it is #41299.
Had a tough life.

 

Didn't our own Bergxu have his maroon 400i on here for $20k, and he couldn't sell it?

 

A lot of the dashboards of the 365 GT4's, if not all of them, were covered with socalled "mousehair", just like the daytonas and dinos were. It was an early form of what we nowadays call "alcantara". However, the material was of rather bad quality and lost its suede-like surface, which was meant to prevent any reflections from the dashboard, fairly soon, ending up looking like a dried out bad quality vinyl. I got the same problem with my car, which I am going to fix by having the dash covered with modern alcantara this fall.
This is what, I believe, they called suede.

 

Like I said, nice examples for 20k is right. My quote stated mid 20's " ASKING". As I'm sure you know, asking and selling are two different things entirely.



Darrell.

 

Funny...I can't stand the 6 taillights. WAAAAAY too fussy.

 

Ever since I got into the whole Ferrari thing, I realised that a 12 cyl motor is the original concept. Having seen the way 330 prices have gone I do wonder if the 365 GT4 2+2/400/400i/412 are about to follow?

Last year there were a few 400is that kept cropping up with low prices between £4k and £6k. This year it seems that £8k is the starting point for these cars.

I guess that was the point of my original post.

 

How about this, the price is not going to go lower and if any change it has been up wards, not much maybe but up.