Too good to be true? Or nightmare?

a real DIYer

http://www.ferrarichat.com/forum/vbclassified.php?do=ad&id=35

and its going to need headers, guides , stickys , a major, plus new seat cover


so what should be a fair price for this?

 

I would attach some value to the service records from '95. A well cared for car, even with high mileage may have more value than a low milage one with an abusive history. This car looks ok from afar, I suspect an accurate selling price for this car be around $40.k.

 

Transport and auction fees are around $1k total and there are no taxes to speak of. Sounds to me like the dealer is being greedy. That car could be sold at $39k quickly and still be profitable.

 

The real question is why would the first dealer have wholesaled out of Atlanta it in the first place? They didn't have it more than 2 weeks before they dumped it. There has to be more to the story.

 

I called Select Luxury. First they said they never had it, then after a brief discussion, they said they may have. As far as they could recall, there was nothing wrong with the car. I called FoA service but got their voice mail. If you have a friend in SL, I would greatly appreciate it if you could get the low down. I am planning to go see the car today.

 

headers? valve guides? dash shrinkage? plus major service?

It will be interesting to see you detailed photos/inspection summary. Price target seems appealing, but I would think that the other "possible" items could make this go from good deal to nightmare quickly if not careful.

 

Looks like my friend's "contact" is out west on vacation...should have info later this week upon return. I will post as soon as I know anything

 

what do you guys think?


http://www.youtube.com/watch?v=WscS-Ewz-0g

it will need headers, interior re-done and a major


could this be a nightmare

 

looks to be the one listed in the Fcar for sale section of this forum. I have e-mailed about this car just out of curiousity. Looks in pretty good shape for the mileage and I would be interested in the future for the right price. Price needs to reflect the work needed.

 

Just got back from test driving the car.

The bad:
Dash leather shrinkage
All parts that could be sticky are stick
Heavy bubbling on AC control
Trunk and boot struts need replacing
Paint cracks all along base of rear pillars
Both door sills are rusting
Leather is very dirty
Normal wear on both seats
Airbag light on
Slow Down 1-4 light on at speed
Front tires need replacing

The good:
Tubi
both manifolds replaced (with OEM )
Timingbelt changed twice
Lots of receipts
Very nice original paint ... even the front bumper
Accelerates well
Looks perfect from 5 feet away
Everything seemed to be in working order

 

If the car accelerates well and stable, there is nothing else to think about, better buy it before someone does!
As long are are no structural damage and the paint is original, its a good buy, all other things are not important.

 

It does sound like a hell of a fun toy for the money. I just had an airbag light on my 95 and had to replace the ECU and wiring harness ($3000). Of course, you don't have to fix the airbag (many owners replace the wheel anyway)...but getting hurt because you didn't want to spend the money is questionable at best.

Even if you had to put $10-15K to make it right (or close to it) it would still be a great deal.

 

did you talk price with the dealer? if it went for $35k at auction, I bet you might be able to get it for $40k cash

 

why would there be paint cracks along the bottom of the pillars? This common?? What does the slowdown 1-4 light mean?

 

"Buttresses

Both Berlinetta and GTS have 'butress' designs at the rear. Where the buttresses meet the rear wing there is a seam which runs lengthways along the car (see picture). Pretty much every vehicle (except for Spiders) will experience corrosion along this seam. Theory has it that this corrosion is caused by a number of factors such as stresses from driving the car hard, movement in the body when the engine is dropped for the cambelt service, or moisture in the seam from when the car was put together.
Whatever the truth about the cause, owners should expect to see small imperfections under the surface of the paint along this seam, which will gradually get worse over time. Dealers are well used to the problem and it is common for the rear wings to be resprayed. This can be identified by a characteristic blend line where the buttress meets the roof. You will be able to spot this blend line more easily under incandescent lighting"

http://www.the355.com/mambo/content/view/20/27/

 

Thanks for that link Fpassion. Very informative site.