348 - Taking the plunge! | FerrariChat

348 Taking the plunge!

Discussion in '348/355' started by JCap, Jul 22, 2019.

This site may earn a commission from merchant affiliate links, including eBay, Amazon, Skimlinks, and others.

  1. JCap

    JCap Rookie

    Apr 26, 2018
    46
    Tampa, FL
    Full Name:
    Jeffery Capezzuti
    So I’m actually going to take the plunge! Going to fly to Chicago this weekend to inspect what will presumably be my new ‘94 348 spider! I’ve read all of the buyers guides that I can find, and trolled posts for a little over a year, but what do I REALLY need to look for? What are the key things for these cars that I really need to focus on while I’m up there?

    Thanks everyone!!


    Sent from my iPhone using FerrariChat.com mobile app
     
  2. Ferrarium

    Ferrarium F1 Veteran
    Rossa Subscribed

    Jul 28, 2018
    5,637
    Central NJ
    Full Name:
    Eric
    From http://www.my348.com/ "348 Pre-Purchase Inspection" section.

    Prelude - you want a clean title and a professional pre-purchase inspection that includes a "leak down" test (in which **you** personally listen along with your mechanic for any sounds of leaks during the test). Also, keep in mind that in many states you will be held responsible for any unpaid license fees (so make certain that the 348 has a current in-state license plate in the state in which it is being sold) as well as any unpaid sales taxes of any prior owners (so make certain that the 348 is correctly titled in the state in which it is being sold).

    Keep in mind that several scams exist such as offering to pay MORE than your asking price when you are selling your car (they then ask for the extra to be refunded...they get your refund check and it turns out later that their check was bad)...passing off a high mileage car as a low mileage version (disconnected odometers are common on leased cars with strict mileage limits, then reconnected prior to turning back in to the leasing company)...using a Duplicate Title to hide a salvaged vehicle...rolling back the mileage, etc.


    Things to look for:

    1. Does she start instantly

    2. Does the engine knock

    3. Does she rattle or shake when driving above 60mph

    4. Does the transmission have a major grinding sound when shifting up
    through the gears (don't try a hard downshift, that's a different story)

    5. Do all of the headlights, blinkers, brake-lights, fog-lights, parking
    lights work and does the horn honk

    6. Do both of the power windows and door locks work

    7. Any vibrations in the steering wheel while driving, or secondly, is the steering wheel loose or tight?

    8. Are the tips of the exhaust pipes coated black or gray (any visible holes
    in exhaust pipes)

    9. Any obvious paint burns/fade, rust, or clearly bent frame

    10. Can the car turn in a slow-speed circle, with the steering wheel turned
    all the way to max left, then another circle with the steering wheel max
    right, without hearing tire scraping, loud knocks, or having bad steering
    wheel vibrations

    11. Air conditioning blows cold

    12. Anti-lock brakes prevent the tires from locking in a quick stop (say,
    from 25 mph to 0)

    13. Top goes up and doesn't leak (canvas goes **outside** of black metal bars on sides)

    14. Top goes down and the "boot" snaps correctly into place over it

    15. Passenger and driver doors open and close tightly, with no squeaks,
    rattles, or hesitation. With doors open, do you see any obvious breaks or burns in the wiring harness that runs from the car into the doors?

    16. Front trunk opens and closes normally (simply drop it with no added pressure besides its own weight), and applying water to the outside when it's closed doesn't cause leaks inside

    17. Rear engine vent cover opens and closes easily

    18. Car tracks reasonably straight when you remove hands from steering wheel

    19. Car goes into reverse with only minor effort (you may have to push down on the gearshift lever, that's by design)

    20. Emergency brake holds car when parked and gear-shift is in neutral

    21. Car idles below 1100 rpm, and idles reasonably smoothly (revs easily, puts smile on face)

    22. no obvious signs of oil leaks below the engine on the pavement or in the engine compartment

    23. no overpowering aroma of fire inside the cockpit

    24. no noticeable smell of gasoline

    25. radio and speakers function without large-scale hisses or pops

    26. no visible smoke beneath the car or in the engine compartment when idling

    27. is there a functioning car alarm (is it factory or aftermarket)

    28. VIN plate in door-jamb and engine compartment is visible and unscratched and matches the number advertised

    29. Front windshield is uncracked and seals appear tight around it

    30. power mirrors adjust as expected

    31. heater works as expected

    32. Any loans against the title, any "duplicate" title history via autocheck.com, any stolen/salvage title history, is the car currently registered and tagged with a correct license plate in its current state/province

    33. Open up the radiator and look for corrosion just inside the overfill tank. Sludge in the radiator tank can be a sign of a blown headgasket. Have a quickstop oil change place show you the transmission plug so that you can see if it has many metal fragments on it (i.e. disintegrating tranny or not). See if you have a Ferrari Purflex or high-end Wix oil filter with the date of installation/oil change written on it, or if the prior owner was a cheapskate (e.g. a Fram paper filter). Did the prior owner use a thick oil such as a 20-w50 to hide oil leaks, or do you have a decent synthetic (e.g. 5w-40) in the car?

    34. When you first turn the ignition key to "run" (not "Start"), do you temporarily see both Check Engine (non-Euro cars) and both Slow Down lights? This is important, because if those bulbs have been removed or replaced with dead bulbs, engine trouble computer codes are probably being hidden from you. Do you see the ABS light and the BRAKE light? Do these lights turn off within 1 minute of starting the car?

    35. Go drive the car. Brake slowly. Do you feel any vibrations? Does the car pull left or right while braking? Repeat this step (to warm up the brakes).

    36. Can you shift smoothly into 2nd gear without grinding or clunking?

    37. Is the acceleration smooth? Now brake hard. Vibrations? Pulling? ABS engaged?

    38. Has the oil temp risen to the 1/4 mark during this drive? When it gets there, kill the engine (did you hear a loud "box of rocks" metallic clanking noise when you turned the engine off). You want to wait about 10 minutes to see if it will start up again when hot, so kill time by checking the exterior of the car, under the front and rear hoods, etc. OK, time has passed. Does it now start right up again when hot? This is important. Did you hear a loud "box of rocks" metallic clanking noise when starting the hot engine (this is an early sign of the flywheel needing to be repacked with grease...not terribly expensive to do, can even be done yourself, but good to know)?

    39. Go idle the car or drive in traffic for 20 minutes. Do the oil and water temperatures both stay at or below their 1/2 way marks, or does the car overheat?

    40. After all of the above, will she start up *again* easily, or is the battery "dead"

    41. Now look under the rear engine deck at the catalytic converters. Are either of them glowing red?

    42. Are all of the rubber CV boots (near wheels, on axles) intact, or do they have a split, crack, or hole? When driving slowly next to a wall, do you hear metallic bearing noises from your wheels?

    43. Does the car have a reasonable paper trail for its documented service history?

    44. Does the seller have all 3 original Factory keys (black, fold in half)?

    45. Examine the shock/suspension set up (most 348 shocks need rebuilding for around $400 or all new shocks for $1,600).

    46. Examine the doors/rockers for rust (typically on the bolts).

    47. The car should have all service records *after* the last "Major Service." If it hasn't had a cam belt change in over 5 years or 30K miles then budget $4-6KUSD short term because you'll have to have the cam belt changed.

    48. Try the climate control buttons; it's $2k and up if they don't work (Freon conversion alone is $300 once it's opened).

    49. Look at the front airdam from underneath (Corners especially) for holes, bondo, skidplates and the like. Look under the side rails as well for hard bottoming out. Thanks, SeaBayR

    50. The Clutch should be mid throw; at the top it's thin, and watch out for a grabby clutch (may be breaking pressure plate fingers internally).

    51. Check for oil leaks near the 1 timing belt (355 has 2) and listen for squeaks from the belt idler pulley, rightside exhaust rattles, as well as warped front rotors causing loud noise upon braking.

    Be skeptical. Make the car prove itself to you before you spend your money.
     
    cardude442, FerMaz and mojocoggo like this.
  3. JCap

    JCap Rookie

    Apr 26, 2018
    46
    Tampa, FL
    Full Name:
    Jeffery Capezzuti




    Sent from my iPhone using FerrariChat.com mobile app
     
  4. JCap

    JCap Rookie

    Apr 26, 2018
    46
    Tampa, FL
    Full Name:
    Jeffery Capezzuti
    Wow!! What a great list, thank you. I’m buying it from Continental Ferrari, so hopefully all of the title stuff is good to go. They say it is.... 2 owner car, lives it’s entire life in the Chicago area. They say the car is a great example, and in terrific shape with records going back to ‘04. Hopefully it is as described!


    Sent from my iPhone using FerrariChat.com mobile app
     
  5. mojocoggo

    mojocoggo Rookie

    Jul 28, 2013
    38
    San Jose, CA
    Full Name:
    Dylan Leff
    This more than anything. Also, Google the VIN, look for any other trace of it on the internet, many have been passed from dealer to dealer.

    From personal experience, check the clutch inspection cover for black dust, which may indicate how many people learned to drive manual in that car.
     
    JCap likes this.
  6. FerMaz

    FerMaz Formula Junior

    Feb 11, 2007
    355
    So Cal
    Full Name:
    Mel
    Congratulations on your car. I hope it will bring you as much pleasure as mine has brought me. Dont be afraid to drive it. The more you drive it the more you are going to enjoy it.

    Mel
     
    Ga68_ and JCap like this.
  7. John Glen

    John Glen Formula Junior

    Dec 30, 2009
    479
    Victoria, B.C, Can.
    Full Name:
    John Glen Wesanko
    Hope you get your 348 ! It's a great car, easily owner maintained, and there is a wealth of experience and information available right here on this site. Best of luck, JGW
     
    JCap likes this.

Share This Page