Think I may have found my 308 | FerrariChat

Think I may have found my 308

Discussion in '308/328' started by vinny72758, Jan 16, 2012.

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  1. vinny72758

    vinny72758 Formula Junior
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    #1 vinny72758, Jan 16, 2012
    Last edited: Jan 16, 2012
    Link here: http://www.evansmotorsinc.com/inventory.aspx?mk=Ferrari&md=&lid=-1&newused=&exbs=&bs=&fromprice=-1&toprice=-1&keyword=

    The car belonged to Jennings Osbourne and has 1966 actual miles. I actually saw it in his garage 17 years ago. He bought it from Ferrari of Houston just to look at basically. It has never been serviced.

    Dealer is asking $43k.

    I am going down Saturday and give it a thorough look over. Even at Concours condition, what would the 308 expert collective say needs to be changed/worked on to make it a driveable car. I can come up with the following:
    Belts
    Fuel lines
    Window motors
    Piston O-rings
    Shocks
    Tires

    Any input / advise would be greatly appreciated.

    Vinny
     
  2. miketuason

    miketuason F1 World Champ
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    Vince. since you're going to see the car, drive it and since you're interested on the car, get the service history and a PPI on it since you're paying premium price for it. Car looks good from the pics.
     
  3. vinny72758

    vinny72758 Formula Junior
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    There is no service history. It's never been serviced, so I am skeptical on driving it. 26 years for the rubber to dry makes me a little gun shy. I don't want to be the guy who test drives it only to have the timing belt snap, or a fuel line rupture, and I wind up buying a usesless shell.

    I was thinking of taking a tonne of photos and posting here, getting some collective feedback, then if it seems appropriate get the PPI done and begin negotiations.
     
  4. stevel48

    stevel48 Formula 3

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    I think it's a fine car and no service history is OK because it hasn’t even reached service mileage yet. Just know that you WILL need a belt service, fluids, many hoses and some other items I’m sure.
     
  5. MNExotics

    MNExotics F1 Rookie
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    +1
    Also check brakes. Sitting that long I would not be surprised if they are seized.
     
  6. Fairview

    Fairview Formula 3

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    Vince,

    Unfortunately, the trunk lid looks bent (at the support). Others can tell you what to deduct for that problem.

    Car sure doesn't seem very tidy for almost no miles, does it?

    Don't forget to inventory tool kit, jack, owner's manual and other books that go with the car. Those items are expensive, if and when they can be found.

    Good luck, though. Jeff
     
  7. miketuason

    miketuason F1 World Champ
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    Just curious, ask if they kept the original window sticker price, it would be really nice to have it.
     
  8. Crowndog

    Crowndog F1 Veteran

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    It may be that the lid isn't latched on the right as well as the doors not being all the way shut. Looks pretty nice to me.
     
  9. stevel48

    stevel48 Formula 3

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    Good find (image 3) I think it can be massaged back w/o issue being aluminum.
     
  10. Crowndog

    Crowndog F1 Veteran

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    Yup looks bent in front. I mistook the comment for the engine lid.
     
  11. vinny72758

    vinny72758 Formula Junior
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    I saw that too. You guys are great. not even an hour and you're giving me a ton of ammo and talking points to look at.

    Thanks
     
  12. miketuason

    miketuason F1 World Champ
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    That bent on the front driver side hood is a very common thing for the 308 BUT, it's a very easy fix and the hood is not damage.
     
  13. DWPC

    DWPC Formula Junior

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    Not enough info. Too many open ended issues. E.g., paint may be crazed and/or leather may be brittle. Either would make engine service a secondary issue. What's up with the plenum? I'm also old-fashioned skeptical when odometer numbers don't align.

    Go look first and make a definitive list. You're probably aware that $43K is a high price for a GTS that clearly will need much add'l investment from lack of maintenance/use. That its being offered by a local used car dealer at a show car price strikes me as odd. Are you're looking for a car to drive or the concours circuit?
     
  14. JF308

    JF308 Formula 3

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    I dunno....quite a premium for a car which will take another $5K + to get back running and on the road. Plus, maybe the seats, etc will clean up -- but doesn't really look like what I'd expect for 1966 miles and then garaged. But then again, I've never seen a 1966 mile car which has been garaged.

    I recently helped a friend sell his 83 QV with 17k miles, Classiche cert, etc....absolutely mint...and it only garnered $36K in the current market.

    Plus, Vinny..... for my money, I'd rather have a car with a bit more use and maintenance. Its a risk even starting this car for a compression check. Who knows? Just let the dealer turn the key.
     
  15. Fairview

    Fairview Formula 3

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    You could certainly be right, Mike, if it wasn't bent with enthusiasm.

    I saw a nasty bend on a QV trunk lid, bent and broken where the support strut attached to the lid. It was quite a bit more than a "curvature of the spine" situation. Maybe this one is not too bad, but definitely worth him looking at closely (and deducting accordingly).

    My guess is that with this car at a used car dealer's lot, they've already tried the quick and easy chiropractic fix.
     
  16. MNExotics

    MNExotics F1 Rookie
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    I also noticed the spare looks to have been mounted and used with brake dust. The speedo is easy to swap for lower milage unit as well as the sending units fail. I truly believe that is why so many low milage cars on the market.
     
  17. vinny72758

    vinny72758 Formula Junior
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    #17 vinny72758, Jan 16, 2012
    Last edited: Jan 16, 2012
    Thanks for all the replies. Yes, $43k is quite a premium, and not one I intend to pay. At a quick glance from everything I have learned here on the forum, I figure at least $7500 just to get her where I would be comfortable even turning the key (engine out service, all new rubber including tires,etc) and I would have to pay to trasnport her to a shop I trust, and that's only 140 miles away.

    I don't want to spend another $7500+ to bring the total up to $50k for a car worth $37k. but that's the logical side of me. My less than logical side has a habit of making decisions, which always turn out for the best.

    That's part of the reason I am going to post photos and findings from my review and see if I can get some honest, non-emotional feedback from the forum.

    Thanks guys.
     
  18. miketuason

    miketuason F1 World Champ
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    #18 miketuason, Jan 16, 2012
    Last edited by a moderator: Sep 7, 2017
  19. sindo308qv

    sindo308qv F1 Rookie

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    I agree, that is not a "1,966 mile car". Even the interior looks dirty. Run from this one.
    You can find cars with approx. 15,000 miles in much more pristine shape.
     
  20. PhilB

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    The spare looks to have a different tread pattern than the four tires mounted on the car. All tires have a date code molded into them, check them and if the tires are not from 1985, the seller has some explaining to do on why he needed new tires with such low mileage.
     
  21. robbie

    robbie F1 Rookie

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    maybe it's 101,966 .. just sayin'
     
  22. NWA James

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    #22 NWA James, Jan 16, 2012
    Last edited: Jan 16, 2012
    Mine is coming back this week (I hope). PM me when you get it. We live in the same town!
     
  23. NWA James

    NWA James Karting

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    Vince Hill is in Joplin (only 45 miles away) and he has an enclosed trailer). www.hillsexotic.com He has gone through mine with a fine tooth comb and should have her wrapped up this week. I had some rust repairs done during the rest of the service, so it took a lot longer than expected.
     
  24. Shorn355

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  25. lostbowl

    lostbowl Formula 3

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    tyre tread from road wheel to spare doesn't match-----------------1900mi??????
    I'm just sayin, Lost
    I know nothing about the car !
     

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