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348 Deal

Discussion in '348/355' started by rimoore, Jul 29, 2008.

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  1. rimoore

    rimoore Formula 3

    Nov 18, 2004
    1,353
    Island in Maine
    Full Name:
    Richard Moore
    #1 rimoore, Jul 29, 2008
    Last edited by a moderator: Sep 7, 2017
    So here is the deal. I have been trying to flip a 348 and have not had an offer to my liking. The primary reason is that the car has no service records. I really can’t blame anyone for not wanting a car without records and in need of a service. I did get a few lowball offers, but I’m trying to make money not loose it LOL.
    I have decided to have the major done by the local Ferrari dealer. I could have gone with an independent, but I want the Ferrari stamp on it so a buyer gets the warm and fuzzy. I am going to use Hill bearings to boot.
    If anyone is interested in the car let me know. I’m going to let it go to an F-Chatter for 43K. This is a 1990 Ferrari 348TS in titanium with 58K. It’s mechanically sound and drives well. CARFAX comes back clean with no stories.
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  2. No Doubt

    No Doubt Seven Time F1 World Champ

    May 21, 2005
    72,740
    Vegas+Alabama
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    Mr. Sideways
    #2 No Doubt, Jul 29, 2008
    Looks sweet!
     
  3. rimoore

    rimoore Formula 3

    Nov 18, 2004
    1,353
    Island in Maine
    Full Name:
    Richard Moore
    #3 rimoore, Jul 29, 2008
    Thanks. It's not a bad car just need the service and TLC. I have already been applying the TLC on the weekends. I repainted the heat shield on Sunday.
     
  4. 76Steel

    76Steel Formula 3

    Sep 8, 2007
    1,482
    New Jersey
    Full Name:
    Mike
    #4 76Steel, Jul 29, 2008
    I saw this car on e-bay before .... love the color and overall think it looks very cool ..... wish you best of luck w. the sale. You are looking for 43K after the service?
     
  5. rimoore

    rimoore Formula 3

    Nov 18, 2004
    1,353
    Island in Maine
    Full Name:
    Richard Moore
    #5 rimoore, Jul 29, 2008
    Yup, 43K out the door.
     
  6. FandLcars

    FandLcars F1 Rookie

    Aug 6, 2006
    3,057
    Tempe, Az
    Full Name:
    Rick Schumm
    #6 FandLcars, Jul 30, 2008
    Yes, I also love the color :)
     
  7. Husker

    Husker F1 World Champ

    Dec 31, 2003
    11,792
    western hemisphere
    #7 Husker, Jul 30, 2008
    Last edited by a moderator: Sep 7, 2017
    honestly, I wouldn't complain about getting "only" $43K for an off-red, 58K miles 348ts under any circumstance. Is this what you are asking, or have you sold it already?

    I paid $36K for this dog 2 years ago, and it had less than half the miles of yours, and with a tubi to boot!
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  8. vvassallo

    vvassallo F1 Veteran

    Aug 4, 2006
    8,329
    Palos Verdes
    Full Name:
    Vince V
    #8 vvassallo, Jul 30, 2008
    Last edited: Jul 30, 2008
    Matt, aka MBferrari is looking for one. He might bite on the color, but I don't know about a 2.5 car.

    I don't think you need to take it to Ferrari for service.
     
  9. DMOORE

    DMOORE Formula 3

    Aug 23, 2005
    1,720
    San Diego
    Full Name:
    Darrell
    #9 DMOORE, Jul 30, 2008



    I'd drop it off at Symbolic. I have had work done at both shops( local Ferrari dealer), and will only use Symbolic now. The very best when it comes to service.



    Darrell.
     
  10. vvassallo

    vvassallo F1 Veteran

    Aug 4, 2006
    8,329
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    Vince V
    #10 vvassallo, Jul 30, 2008
    Ah, Matt has already considered this car, then. Personally I am not a fan of Symbolic's business practices. To each his own. :)
     
  11. 3forty8

    3forty8 F1 Rookie
    Owner

    Apr 25, 2006
    2,713
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    Eric
    #11 3forty8, Jul 30, 2008
    Appears to be Motronics 2.7 - a TPS on each TB shown in the engine bay pic.

    Good luck with the sale Rick!
     
  12. 348SStb

    348SStb F1 Rookie
    Owner

    Apr 9, 2004
    2,991
    Palm Beach County, FL or Nassau County, NY
    Full Name:
    Dave
    #12 348SStb, Jul 30, 2008
    Rich,

    I really am not being wise when I say that you might consider other methods of making a profit, as flipping 348s really is quite a risky and frankly a strange thing to be doing -- especially a 348 with such high mileage... nonetheless, good luck with the sale.
     
  13. PAP 348

    PAP 348 Ten Time F1 World Champ
    Lifetime Rossa Owner

    Dec 10, 2005
    100,232
    Mount Isa, Australia
    Full Name:
    Pap
    #13 PAP 348, Jul 30, 2008
    Good luck with the sale. Car looks great in that colour. :):)
     
  14. DMOORE

    DMOORE Formula 3

    Aug 23, 2005
    1,720
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    Darrell
    #14 DMOORE, Jul 30, 2008




    Talking about service, not buying a car. Couldn't comment about that. Would you rather have a car returned with missing fastners and such? Like ya said, to each his own.




    Darrell.
     
  15. vvassallo

    vvassallo F1 Veteran

    Aug 4, 2006
    8,329
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    Vince V
    #15 vvassallo, Jul 30, 2008
    Last edited: Jul 30, 2008
    Ah, I see that now. Hmm, late model year car maybe or is this a 1991? I do love this color though since it is not so commonly seen. Notice that the lower rockers and chin spoiler are not painted black. What about the engine deck lid? Again, I can't tell just what year this car is.
     
  16. 3forty8

    3forty8 F1 Rookie
    Owner

    Apr 25, 2006
    2,713
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    #16 3forty8, Jul 30, 2008
    89 and early 90 had the 2.5, so most likely a later 90 model. Agreed on the color, looks great on the 348!
     
  17. henryr

    henryr Two Time F1 World Champ
    Silver Subscribed

    Nov 10, 2003
    22,472
    Atlanta
    Full Name:
    Juan Sánchez Villa-L
    #17 henryr, Jul 30, 2008
    hope you'll be sending obama his cut.........
     
  18. rimoore

    rimoore Formula 3

    Nov 18, 2004
    1,353
    Island in Maine
    Full Name:
    Richard Moore
    #18 rimoore, Jul 30, 2008
    I didn't run around the USA looking for a car like this to flip. I got it for a song and can afford to do the service right and still sell it at a profit. If it doesn't go for 43K. I still have room to play. What's important to me is that I don't sell someone a car that's not right. I do everything 100 above board. Someone can get into a freshly serviced car for a good price. This might make a great car for someone who doesn't have pockets full of money. I turned my 348 from a rat into a gem by myself.
    My Ferrari parts business and my new endeavor into wholesale cars is for fun. I don't do it to pay the rent.
     
  19. rimoore

    rimoore Formula 3

    Nov 18, 2004
    1,353
    Island in Maine
    Full Name:
    Richard Moore
    #19 rimoore, Jul 30, 2008
    It's a 1990. VIN#ZFFFG36A6L0086668.
     
  20. rimoore

    rimoore Formula 3

    Nov 18, 2004
    1,353
    Island in Maine
    Full Name:
    Richard Moore
    #20 rimoore, Jul 30, 2008
    Since the car doesn't have any records. I want a good service with the Ferrari seal of approval. It's already had a compression test that passed fine.
     
  21. rimoore

    rimoore Formula 3

    Nov 18, 2004
    1,353
    Island in Maine
    Full Name:
    Richard Moore
    #21 rimoore, Jul 30, 2008
    Thanks Pap!!! I like it too. I have had a few calls already about the car from people who love the color. One caller asked if I needed my head checked for paying for the service on the way out the door hahaha. My own 348 is coming up on it's service and I might be able to get a discount for her.
     
  22. rimoore

    rimoore Formula 3

    Nov 18, 2004
    1,353
    Island in Maine
    Full Name:
    Richard Moore
    #22 rimoore, Oct 9, 2008
    The car is back from Ferrari with completed full major, belts, cam seals, etc. If anyone is interested pipe up.

    Rick
     
  23. dlynes

    dlynes Formula 3

    Oct 16, 2004
    2,450
    Augusta, Ga
    Full Name:
    Dave
    #23 dlynes, Oct 9, 2008
    +1
     
  24. Ulf

    Ulf Karting

    May 28, 2008
    74
    Houston, TX.
    Full Name:
    Ulf
    #24 Ulf, Oct 9, 2008

    please enlighten me what the difference and pros and cons between a 2.5 and 2.7 is as well as how to tell (maybe mark it in a pic). When exactly did they switch ? Is there a vin break ?

    Thanks

    Ulf
     
  25. TomPDX

    TomPDX Formula Junior

    Mar 28, 2008
    558
    Oregon
    Full Name:
    Tom
    #25 TomPDX, Oct 9, 2008
    That is a beautiful color. I'd pay $43 for it with a fresh service ... but I already have my Nero beauty. Good luck!
     
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