86 328 gts value | Page 2 | FerrariChat

86 328 gts value

Discussion in '308/328' started by phrogs, Mar 7, 2005.

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  1. AJS328

    AJS328 F1 Veteran Owner

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    And incidentally, Eugenio, your .02 Euros is worth more than our .02 Dollars. ;)
     
  2. phrogs

    phrogs F1 Veteran Silver Subscribed

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    yes thats true your euros are worth more so ill take the advice.


    Heres kicker on this one. Im going to see if they will take a trade for one of my 90 corvette ZR-1s if they took my low milage car from me I would be into the 328 for a about $14,000

    I picked up the said car in peices guy passed away when it was torn apart so if they traded me straight up i wouldnt be doing to bad if I get it that way...


    I know I can get one in waywayway better condition!
    but I love to fix cars
     
  3. hardtop

    hardtop F1 World Champ

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    Phrogs,
    In any kind of trade, you should value your car at what you can get for it, not what you have in it. O/w you are just playing mind games with yourself. There is an 86 328 in FML described as rough and ugly but runs good. Priced at 19.9K. Might be more realistic. Sounds better than what you are looking at.

    Good luck,
    DAve
     
  4. phrogs

    phrogs F1 Veteran Silver Subscribed

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    what is FML?

    ok im not playing games in my head.

    I picked this paricular corvette up for 12K has 17,000 miles on it car was dismanteld motor torn apart, front end off, missing some wiring hanresses. car was going to be turned into a race car i have a nak for fixing stuff I love to do it.

    but I have saved her and put it all back together
    car is worth close to $30,000

    and I have a total of 14K into it. not counting my own labor.

    Like I said im not runing up to plunk down cash for this 328 im trying to judge the cars worth as I didnt think it was worth the 24K price tag

    but I do want to look at it and get a idea of what it went through, what is damaged and get somI know parts are expensive I have priced a few things a

    anyway thats how I look at it, is that wrong I dont know all I know is im not scared to get a fixer upper and i like the 328's better than the 308s motor wise

    I guess im just a fool with a dream but why should a bent up ferrari not get any love

    im still going to be looking for a ferrari, I would love a boxer so I might just have to wait it out
    I currently own 2 90 ZR1s I just love my vettes and I work hard to have my toys im ative duty US Marines and I get paid jack snikies but I love what I do somtimes anyway I hate Iraq!

    I just so happen to have the brain and abilties to fix stuff.

    from welding to body work paint included, to machining( I was a machinist my first 4 years in the corps

    I also have all the resosorces to do the work.
    and yes on base we have auto hobby shops not that I use them but they are available like a brand new paint booth so it can be done.

    I have been school trained on all of the above college trained on auto body repair so I know I can fix this car.

    But like I said im not gong to buy it because its the first one I saw
     
  5. Gatorrari

    Gatorrari F1 World Champ Silver Subscribed

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    FML = Ferrari Market Letter
     
  6. TM328

    TM328 Karting

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    If your lucky you might be into it for only $50k when your done.
    RUN as fast as you can
     
  7. phrogs

    phrogs F1 Veteran Silver Subscribed

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    If you think that it would cost that much to fix this car I just have to say you know nothing about auto repair, and even if the frame is bent on this car its not like its that hard to repair but I know I would be way over my head on this one, you guys just look down on anyone that wants to fix a ferrari it is just a car


    that car if its just the damaged panels can be fixed for less than 10k thats with repaint!
     
  8. judge4re

    judge4re F1 World Champ

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    Where's Keegan on this thread? Somebody get a quote on the panels. I have a feeling your going to hit $10k before any panel fitting starts, let alone paint...
     
  9. phrogs

    phrogs F1 Veteran Silver Subscribed

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    If I went the ferrari of UK and said I need all this only brand new will do yeah it would get over 10K real quick.

    But the thing is I do my own painting so anyone who needs a 10K paint job give me a call Ill hook you right up!

    The only thing about paint that you are paying for is the laybor.

    Im looking into the body panel prices right now so Ill let you know what I find out from a ferrari salvage yard, Id love to see what brand new panels would cost if they are even available.


    I know all the front and rear bumpers and spoliers ara available and I would still just get used parts they are going to be painted anyway...
     
  10. judge4re

    judge4re F1 World Champ

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    Call Brian Keegan at Rutland's. Ted loves to cut up wrecked Ferraris.
     
  11. phrogs

    phrogs F1 Veteran Silver Subscribed

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    what is his contact info id love to chat with him
     
  12. judge4re

    judge4re F1 World Champ

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    770-493-8852
     
  13. phrogs

    phrogs F1 Veteran Silver Subscribed

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    thanks
     
  14. Mike328

    Mike328 F1 Rookie

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    That is not true and a very unfair thing to say. In case you missed it, people are trying to support you here, so you might want to acknowledge the time people have spent on your "issue."

    If you take labor out of the question, then maybe. Just maybe, but I have my doubts. Further, I love 328s and I admire your effort here, but I wouldn't want to be the one paying full retail on this car once it's been repaired for 10k... But that's just me.

    The bottom line is, we all want you to have a great ownership experience, and we're a bit worried that this will not be a fulfilling one for you. Then again, it could be a very fulfilling one for you--you clearly have unique capabilities and might be the perfect match for the car.


    --Mike
     
  15. tbakowsky

    tbakowsky Two Time F1 World Champ Consultant Professional Ferrari Technician

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    You will not fix that car for 10k. It is unfortunate that you can't but it is the truth. The parts are quite expensive to buy new. And the cost of used parts for the 328 is increasing. Used parts are also getting very hard to find for these models. Paint you can handle obviously. But expect a bit of a shock when you start adding things up. But I will say this..FIX IT!! don't let another on of these cars get parted out!
     
  16. Kirk Evans

    Kirk Evans Rookie

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    Johnny,

    I'm going against the "cars crrrrrap" norm on this one. I'm on my second 328 rebuild in 3 months and am finding the car's platform (frame) is incredibly strong for what it is.

    In your case, do you have the ability to repair body damage in a quality way? I mean finish panels that are damaged without adding 1/2'' of filler. All of the skins are repairable---the left quarter panel is a tough fix as is---I have a section for this side but again you have to be able to butt weld in the new section and hammer the weld shrink of find a shop with a portable plannishing hammer for the welds. Hammer and dolly would work fine.The rest of the panels are not a problem if you know what to do. There's some small tubing damage on the lower front corner you will need to rebuild mirroring the other side. The bumpers are available as repos. You should check on the parking light cost and availability. I would take in checks and cash and grind the decision maker boss to drop the price and sell the car. I'll support you with advise on the rebuild if you get the car. Good luck.

    Kirk

    This 89 will be rebuilt so yours is a piece of cake----by comparison.
    Image Unavailable, Please Login
     
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  17. phrogs

    phrogs F1 Veteran Silver Subscribed

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    Mike I appologize I didnt want to sound like that but thats some of the vib I get and its not everyone I do appreciate the advise im getting I do

    Its just that whenever someone talks about doing this its always the same story you know I hate to see nice cars get parted out I do

    ok I cant fix it for 10K

    ive been pricing parts and right now for all the front end plus the rear bumper and spoliers im looking at $5600 thats all brand new Ferrari parts not used not repos the real deal

    Ive got a guy in cali that is going to get back with me on the rear quarter
     
  18. judge4re

    judge4re F1 World Champ

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    Nothing is impossible, we're just trying to make sure that you go into this knowing what you're getting yourself into.

    An '86 328 GTS is never going to be a big collectable car to justify the "stories" that will come along with this one.
     
  19. Bandit

    Bandit Formula Junior

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    Kirk,

    Since you've done this before, I would think you would have a pretty good idea of what the car is worth in this condition and what it is going to actually cost to fix it. What is your opinion?

    Personally I think $24K is way too high. I would think $15K would be closer to reality given the extensive damage to most of the body panels. Even at $15K, he will have at least $25K in cash (probably more) plus a lot of his time tied up in the finished car. I would certainly want to leave a little cushion for unexpected items as well.
     
  20. TM328

    TM328 Karting

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    No one is looking down on you. I think we are all concerned that you have a positive experience. We are all operating on a budget,some smaller and larger than others. You are completely correct that it is just a car that can be fixed. I think you will be far ahead of the game by purchasing a good 328 for 4$40K and maintaining it yourself. And you could probably buy a good car needing paintwork and minor cosmetics for $32k.The first thing you should think about before you purchase any car is how hard it will be to sell it. If/when you go to sell it, you will be competing with 328's that have far better history and you will get much less that any other one out there. Getting beat up by potential buyers just not fun. No one here has a financial stake in your success or failure, you are getting opinions from people that are not operating on straight emotion. This forum is a valuable source to help make educated decisions on Ferrari projects. If poeple are getting off topic,thats one thing. If you are getting upset because people are taking their personal time to give you opinions based on experience, you should not even bother to ask your questions.
     

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