UPDATE!-330GT #9387 @ Symbolic test drive last Sat looking

Well for those of you that were helpful and interested here is the latest on this car. The original post is here:

http://ferrarichat.com/forum/showthread.php?t=5617&highlight=330+symbolic


After the PPI which uncovered a possible bad cylinder(very poor leakdown) and necessary front end rebuild, the car sold, as I'm told, for $57K to some former race car driver in Orange county who walked in and bought on the spot. It came back to Symbolic two weeks later along with a 330GTC the buyer had also recently purchased, to trade both on some Ferrari race car.

As an aside, the GTC turned out to have poor compression and or leakdowns and was quickly sold to another dealer for $75K. It was a silver one that I know I saw for sale somewhere and it may have been on ebay. It had that funky Blaupunkt radio control arm that stuck out from the lower dash...

Anyway, the guy who bought the 2+2 had driven it for 200 miles and my hope was that the questionable cylinder would have seen some imrovement as it was the opinion of my PPI guy and others, that the car not having been driven for possibly several years would just need an "Italian" tune up. So, The car at this point is back at Symbolic and they agree to do a leakdown for me. A few days pass and I get a call saying the car has sold. Again! Turns out the guy who bought the black one they had in November bought this one so he could take the Borrani wheels for his car.

Now the car is again for sale with Symbolic on consignment for $69K. Yes, $10K more than Symbolic's previous asking price but without the Borranis and in the same condition as when all this started(bad cylinder $15K + front end rebuld $5K = $20K). The current owner believes that if it doesn't sell he will sell it in europe as prices there are better. Doesn't seem logical unless someone buys w/o a PPI or doesn't care that one cylinder is bad.

Am I missing something here or is this what people do. I mean spend $60k for a 330 2+2 and then spend another $20K on top? Is the market really moving like this? I am well aware of the dollar/euro issues but it still seems overpriced when you factor in the repairs and expenses.

Thanks again everyone for your helpful input. I may not post often but I do lurk frequently. Yale, thanks for the offer last time. At some point I do plan to chat with you.
_________________
Rob
(Seriously looking for a 330 2+2 Series II. Do you Know of one?)

 

Rich
Thanks for the heads up. I'll give them a call this week. I'll be sure to mention your name.

I like the pics of your old 250GTE.
Rob