87 328 for $30.000 OBO | FerrariChat

87 328 for $30.000 OBO

Discussion in '308/328' started by miketuason, Mar 12, 2007.

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  1. miketuason

    miketuason F1 World Champ
    Owner Silver Subscribed

    Feb 24, 2006
    15,834
    Cerritos, CA.
    Full Name:
    Mike
    #1 miketuason, Mar 12, 2007
    Last edited by a moderator: Sep 7, 2017
  2. mambodave

    mambodave Formula Junior

    Jun 3, 2005
    531
    Charlotte NC
    Full Name:
    Dave
    WTF... thats insane. Wonder what issues it had.
     
  3. Mike328

    Mike328 F1 Rookie

    Oct 19, 2002
    2,655
    Boulder, CO
    Full Name:
    Mike
    Wow - talk about "buying right!"

    There's something going on there - stories, mechanical issues, salvage title, cash emergency... Looks like a nice car.

    What other details do you have?
     
  4. GrigioGuy

    GrigioGuy Splenda Daddy
    Lifetime Rossa Owner

    Nov 26, 2001
    33,456
    E ' ' '/ F
    Full Name:
    Enzo Gorlomi
    Someone got a decent deal.

    Any idea of vin/miles/etc?
     
  5. miketuason

    miketuason F1 World Champ
    Owner Silver Subscribed

    Feb 24, 2006
    15,834
    Cerritos, CA.
    Full Name:
    Mike
    I called the previous owner he said he needed the money to move out. The car has 35,500 miles.
    That wheels looks sharp!
     
  6. 01bee

    01bee Karting

    May 23, 2005
    99
    Irvine, CA
    Full Name:
    Eric Frank
    I saw that car at C&C a few weeks ago, not in great shape, especially the interior.

    Eric
     
  7. climb

    climb F1 Rookie

    Sep 19, 2006
    4,866
    Atlantic Beach Fl
    Full Name:
    Stuart K. Hicks
    If the wheels wern't chorme they'd be great for that car.

    Nice stance and very little gap.
     
  8. Bullfighter

    Bullfighter Two Time F1 World Champ
    Lifetime Rossa Owner

    Jan 26, 2005
    22,614
    Gates Mills, Ohio
    Full Name:
    Jon
    The headlights look weird - like they're sticking too far up.

    I guess I'm the minority opinion, but I think the wheels would look better on an Escalade than a Ferrari.
     
  9. Kingair33

    Kingair33 Formula Junior

    Aug 28, 2006
    941
    San Francisco, CA
    Full Name:
    Alex
    Nope +1 here
     
  10. M.James

    M.James F1 Rookie

    Jun 6, 2003
    2,721
    Worcester, MA
    Full Name:
    Michael.C.James
    For the selling price of the car, you could completely GUT the interior, re-upholster every stitch of leather in the car, carpets, headliner, dash, etc. and STILL have come out ahead. You could add $4,500 in major service, with new belts/bearings/tensioners, and STILL come out ahead. You could add a valve jub on top of that, new hoses, and perhaps STILL come out ahead......You would need to spend more than $18,000 to NOT break even. A Resale-Red 328 GTS with under 39K on the clock is heading north of $50,000 on today's market - so says FML, FCA Newsletter, and some chatters who post on FerrariAds. If the title was clear and there wasn't any accident/rust history, this was a FANTASTIC deal. The ad says you get the original rims, too....somebody would pay $$$ for those fancy dubs, so the next owner can recoup cash from the deal right-away......
     
  11. jonesdds

    jonesdds Formula 3

    Aug 31, 2006
    2,163
    SB,CA & Park City UT
    Full Name:
    Jeff
    +2-little too much bling for me

    Jeff
     
  12. M.James

    M.James F1 Rookie

    Jun 6, 2003
    2,721
    Worcester, MA
    Full Name:
    Michael.C.James
    I guess you missed the fine-print that the original wheels came with the car's sale.......
     
  13. MS250

    MS250 Two Time F1 World Champ
    Lifetime Rossa

    Dec 10, 2003
    26,670
    Full Name:
    Avvocato
    its all paint and chairs...im sure it needs another 20k in service, between front end, ball joints, control arms, rubbers, alinment...pads, who knows what else it needs. But the word cheap and ferrari dont coexsists.
     
  14. miketuason

    miketuason F1 World Champ
    Owner Silver Subscribed

    Feb 24, 2006
    15,834
    Cerritos, CA.
    Full Name:
    Mike
    Agreed!
     
  15. Island Time

    Island Time F1 World Champ
    Silver Subscribed

    Dec 18, 2004
    12,126
    E. TN
    Full Name:
    David
    I've been looking for that car for 2 years.
     
  16. Island Time

    Island Time F1 World Champ
    Silver Subscribed

    Dec 18, 2004
    12,126
    E. TN
    Full Name:
    David
    I missed one a year and a half ago...

    Lowish miles, red/tan, recent service in chicago...

    Talked to the service dept that did the work, said it seemed like a good car...

    32,500....he just wanted rid of it, missed it by just a few minutes

    Once every couple of years seems to be the "time frame" on these cars....

    oh well,...I wish I was rich
     
  17. mike

    mike Formula Junior

    Nov 2, 2003
    721
    Colorado
    Full Name:
    Mike
    Too bad that seems like a good deal. Sure seems like some unknowing buyer will think this is the "true" market price for these cars, and either become disillusioned when they try & purchase one, or try to use this price as a negotiating price.
    From the photos & the Vette's in the backgroud this must have been some kind of car show/event....I'll bet the Vette guys think less of the true value of these cars after this "sale"
    Just my 2cents
     
  18. climb

    climb F1 Rookie

    Sep 19, 2006
    4,866
    Atlantic Beach Fl
    Full Name:
    Stuart K. Hicks
    Alot of people don't want to wait the several months it takes to sell a car. Seems alot of stories about people getting into these things that can't afford it too.

    If you need the money now 30k would get you it.
     
  19. Bullfighter

    Bullfighter Two Time F1 World Champ
    Lifetime Rossa Owner

    Jan 26, 2005
    22,614
    Gates Mills, Ohio
    Full Name:
    Jon
    Probably true - you can dump a car fast if you need the cash.

    I'm curious about the history, though. Again, it looks like headlights might have been reinstalled incorrectly at some point.

    Still, for $30K, it's hard to lose even if the engine goes bang.
     
  20. Bullfighter

    Bullfighter Two Time F1 World Champ
    Lifetime Rossa Owner

    Jan 26, 2005
    22,614
    Gates Mills, Ohio
    Full Name:
    Jon
    All true, but you don't know what else might be wrong. I would guess for that price the owner was desperate for cash, and Ferrari owners desperate for cash probably don't maintain their cars as well.

    Still, for $30K, it could need a new engine and the buyer wouldn't be upside down it.
     
  21. miketuason

    miketuason F1 World Champ
    Owner Silver Subscribed

    Feb 24, 2006
    15,834
    Cerritos, CA.
    Full Name:
    Mike
    If the car is being advertise at a car show where people can take a closer look, hear it run, or even take it for a test drive, then it must be a good car don't you think? I personally would not bring a lemon to a car show specially a car show that surrounded by other exotic cars.
     
  22. tvine

    tvine Formula Junior

    Jul 19, 2006
    270
    Cadillac, Michigan
    Full Name:
    Tom Vine
    A lot of those things mentioned before could be wrong with a $50K car also. Paying a lot does not ensure a trouble free car. At $30K you at least have some reserve for the unexpected.
     
  23. climb

    climb F1 Rookie

    Sep 19, 2006
    4,866
    Atlantic Beach Fl
    Full Name:
    Stuart K. Hicks
    exactly.

    Often people assume that if it's cheep it needs everything. If it's expensive and has some reciepts then it needs nothing.

    You can pay 30k and spend 20k more easily. You may pay nothing though and get a few years of driving in with no or little repairs.

    You may pay 50k and still spend 20k more easily. You may pay nothing though and get a few years of driving in with little or no repairs.

    A well sorted and well documented car is ideal but you pay for it up front. Buy a car with not as many reciepts for less and sometimes you'll pay less even in the long run.
     
  24. Crallscars

    Crallscars F1 Rookie

    Jun 7, 2006
    2,512
    Bainbridge, GA
    Full Name:
    Douglas Crall
    Nice car. Outstanding for the price. I agree, Pitch the Bling, the car would look better if the wheels were on an Esclade or Crown Vic, put the originals back on her!
     
  25. JPetz

    JPetz Rookie

    Mar 2, 2007
    6
    This car was at the Ford "Crystal Cove" weekly Saturday morning event here in Orange county ( if you want to see the best cars in the world this is it on any given weekend). I looked at the car and tried to find the owner to ask some questions but could not find him. The car is good from far but far from good. The car is not a keeper but with a little TLC could be a nice driver if the maintenance is up to date. I did watch him pull in and it sounded OK, at least it runs!!
     

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