I Am Newbe: Opinions Please | FerrariChat

I Am Newbe: Opinions Please

Discussion in 'Ferrari Discussion (not model specific)' started by Dadicator, Feb 26, 2008.

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  1. Dadicator

    Dadicator Rookie

    Feb 25, 2008
    7
    San Jose Ca
    Full Name:
    Michael
    What Would be the best investment Ferrari Under $50,000
    1. I want a Driver not a Show Car (Must be in good condition with Lower mileage prefered )
    2. Reliable for the most part
    3. Cars that may work 308, 327, 328 GTSI ??? seem to be the ones I can afford.
    4. What Year -- What Car -- What Price

    Opinions Please -- Either here or email me at [email protected]

    Thank You,

    Michael
     
  2. testarob

    testarob F1 Rookie

    May 13, 2006
    2,504
    Debary, Florida
    Full Name:
    Rob
    ...pulling up a chair ...
     
  3. Dadicator

    Dadicator Rookie

    Feb 25, 2008
    7
    San Jose Ca
    Full Name:
    Michael
    I Think that's More than $50,000
     
  4. testarob

    testarob F1 Rookie

    May 13, 2006
    2,504
    Debary, Florida
    Full Name:
    Rob
    Actually I was referring to the likelyhood of you receiving some less than constructive criticism for this thread.

    I suspect there may be a fair share of folks willing to enlighten you to the joys of the 'search' feature of fchat. This topic is one of the more frequent ones from new members. After a while they start to get a little old.

    It is, however, a legitimate question. I would suggest you search and review the many threads that already exist on this topic.

    Welcome to fchat.

    ps - you may also want to fill out your profile info. This encourages more responses as well.
     
  5. Dadicator

    Dadicator Rookie

    Feb 25, 2008
    7
    San Jose Ca
    Full Name:
    Michael
    I under stand what it's like thanks for the advice
     
  6. miketuason

    miketuason F1 World Champ
    Owner Silver Subscribed

    Feb 24, 2006
    15,806
    Cerritos, CA.
    Full Name:
    Mike
    Go for either a 308 QV or a 382 very daily driver and very reliable.
     
  7. wetpet

    wetpet F1 World Champ
    BANNED

    May 3, 2006
    10,210
    can i get a link to the 382?
     
  8. Steve King

    Steve King F1 Rookie

    Feb 15, 2001
    4,367
    NY
    It's next to the 327
     
  9. Tony K

    Tony K Formula 3

    Jun 7, 2006
    1,778
    USA
    Full Name:
    Tony K.
  10. Simon^2

    Simon^2 F1 World Champ

    Oct 17, 2005
    12,313
    At Sea Level
    Best choice IMHO, would be a good 308.

    Unless you can find a 327 with perfect documentation from the factory, I would avoid them all together.
     
  11. opus10583

    opus10583 Formula 3

    Dec 3, 2003
    1,779
    Westchester, NY
    Full Name:
    Mark
    Buy all the Dino and "Daytona" tool kits you can?
     
  12. TopElement

    TopElement Formula 3

    May 14, 2005
    1,540
    OC & Vegas
    Full Name:
    A Montoya
    You're looking for an investment, not a car?
     
  13. jbdmd

    jbdmd Formula 3

    Sep 30, 2007
    1,147
    Phoenix
    Full Name:
    Doc Jay
    you guys r terrible :)

    you are almost into 348/355 money and if you want a "driver" a higher miles car has already been proven "drivable"

    best
     
  14. BIGHORN

    BIGHORN In Memoriam

    Sep 18, 2006
    733
    FLORIDA/NEW MEXICO
    Full Name:
    JOHN F KELLY
    If you can get a copy of Sports Car Market Letter read the article by Mike Sheehan.

    Basically dont look as cars as investments. If you are lucky you may get your money back (inflation adjusted)

    That said I have made money on Ferraris (old ones) that I had for 30+ years, but probably not as much as if I had bought the DJIA. But you cant drive the DJIA!
     
  15. BT

    BT F1 World Champ
    Lifetime Rossa

    Mar 21, 2005
    15,291
    FL / GA
    Full Name:
    Bill Tracy
    The consensus here is a 328 generally, but I'd go for a fiberglass 308. I saw one recently advertised for $50k. Rare and a classic good look will make it a good investiment for the next 10-15 years.
    BT
     
  16. bill brooks

    bill brooks F1 Veteran
    Silver Subscribed

    Jul 30, 2007
    6,047
    waynesburg,pa
    Full Name:
    bill brooks
    bullfighter ought to be rolling out of the sack soon.
    let's see what he has to say.
     
  17. SonomaRik

    SonomaRik F1 Veteran

    +1

    he has great comments, and especially in the 'cars that work for' you.

    However, as a daily driver, and cost wise the 348/355 items are too expensive unless you are a DIYer, to make a daily driver affordable...unless you are more inclined about looks than costs.

    Your 'work for me' models are better daily drivers IMO. AND still stunners in looks.

    I'd search those models first. THEN ask more questions.
     
  18. Tony K

    Tony K Formula 3

    Jun 7, 2006
    1,778
    USA
    Full Name:
    Tony K.
    Buy a 308 or 328. Can't go wrong with a galvanized (later) QV. The most beautiful Ferrari ever made, with performance and reliability to keep the experience happy, and less prone to self-decay. :)

    If you want something uber-rare, find a 1980 GTBi -- only 24 built* -- then you can blabber on eBay about this extremely rare and therefore valuable it is, and Corvette/muscle car owners will flock to you! :eek:


    * I read this somewhere on a chart on a 308 fan site on the interweb!
     
  19. toggie

    toggie F1 World Champ
    Owner Silver Subscribed

    Nov 30, 2003
    19,036
    Virginia
    Full Name:
    Toggie (Ron)
    My first Ferrari was a 1988 328 GTS. Great car.
    Highly recommend it. It was completely reliable.
    It was the last year of the concave wheels (88 1/2 and 89 had convex wheels and ABS brakes).

    Make sure you drive it before you make an offer on it (do not buy it over the web).

    Get one that has had the engine service recently (by a reputable shop) or build that cost into the price.
    Get a PPI done (pre-purchase inspection) by someone who is an expert. Well worth the money to do.
    You can post in the regional sections of this forum for PPI recommendations.

    Good luck.
     
  20. Bullfighter

    Bullfighter Two Time F1 World Champ
    Lifetime Rossa Owner

    Jan 26, 2005
    22,594
    Gates Mills, Ohio
    Full Name:
    Jon
    I wouldn't recommend any 'driver' Ferrari as an investment -- I think the 308/328 are slowly rising in price, but with a $4K major service every 3-5 years you won't be making money on them. If you buy and hold for 10 years, and keep the miles off, maybe you'll come out ahead. The plus side is that you will spend zero on depreciation with these models.

    For under $50K, I'd look for a very nice '84-85 308 GTS QV. In fact, I think the 308 and 328 are among the biggest bargains in the sports car world right now -- very underpriced. If you're outside of California, a Euro version would be my pick.

    You could get a 348 TB or TS for that money, but IMO the 308 will retain its value better and be less expensive to service/repair.

    Obviously I like 328s a lot, being an owner, but for under $50K you're likely going to have to settle for high mileage, weird colors or deferred maintenance. If I were in your shoes, I'd try to accumulate $60K of Ferrari budget and look for a pre-88.5 328 in black or red. IMO, those are the best modern-ish Ferraris (and arguably the best looking).

    Ordinarily I hate people telling me to stretch -- you said $50K and I'm telling you $60K, which is kind of a weasel answer, especially when you'll want some cushion (maybe $10K) in the bank for service and unexpected stuff that may come up -- but I think the 328 is a gradually closing window of opportunity as they age -- much admired style, the most reliable (by Ferrari standards) Ferrari tested over time, built during those brief pre-airbag but post-5mph bumper years, and a proper sports/drivers' car.
     
  21. Alesnik-MD

    Alesnik-MD Formula Junior

    Aug 28, 2006
    453
    West coast FL
    Full Name:
    JPA, MD

    +1
     
  22. Bullfighter

    Bullfighter Two Time F1 World Champ
    Lifetime Rossa Owner

    Jan 26, 2005
    22,594
    Gates Mills, Ohio
    Full Name:
    Jon
    Yawn/stretch.

    Actually it's the work thing cutting into the FChat duties. Is there no justice in this world? :(
     
  23. miketuason

    miketuason F1 World Champ
    Owner Silver Subscribed

    Feb 24, 2006
    15,806
    Cerritos, CA.
    Full Name:
    Mike
    Use the $50K on a good 308 QV 84/85 and use the rest of the $50K for parts, maintainance, or misc. stuff that the car may need.
     
  24. bill brooks

    bill brooks F1 Veteran
    Silver Subscribed

    Jul 30, 2007
    6,047
    waynesburg,pa
    Full Name:
    bill brooks
    bullfighter... gettin' up a little late today aren't you?
     
  25. JTR

    JTR Formula 3
    Owner

    Apr 26, 2005
    1,502
    in a house
    Full Name:
    John
    I like your item # 2. At least it sounds like you’re aware of some of the pitfall$.

    As most have said here, I’d say go with a 308 or 328.
    Personally, I’d go with a 328 for a little more power and a nicer looking interior.
    The newer models, 348 or 355, are still deprecating, or at least the 355 is, and don’t seem to have the dependability factor and lower cost maintenance of the 308 or 328.


    Fine print disclaimer;
    This is just my personal opinion and is not meant to incite a war between the different model owners. Other posters opinions may vary.

    And welcome to F-Chat,
    John
     

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