slightly unbelievable but true story. need advice

This is known as an early monospecchio model, very desirable in certain circles.
By the look of the pics, the car looks young and it appears by the high ground clearance that it was up on jack stands all the time..was it?

I think you could get a list of over a dozen shops on personal recommendations from fchat members on the east coast that would complete a project like this at reasonable costs..
Personally, unless you were on top of it in italy , weekly...I would not do it there...Here ...Just ask and we can all chime in on possible shops to do it..
There is a small shop on long island I would recommend right away..Bradan...He is a sponsor on fchat and would not risk his reputation for anything..
If you want to call them..I will post his link.
He could give you an idea of cost just from the pics you posted.
Brad or Dan..brothers.

https://www.bradangroup.com/

 

If Glickenhaus brings his prized possessions to some mechanics in Modena .. i would not pu pu them so quickly



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JG is a billionaire..with automotive clout..he is not a use me 1 timer..no comparison.
Classiche OK, an independent , just go on a good reco.

 

The Fuel distributors are there, injectors and injectors lines I see, so just missing the air inbox and exhaust. Not so big deal. Some dents on the left and right rear wings. Missing lights can be found. Internal parts are visible behind the seats. If the car was parked in this hall, engine could be fine also.
Because of the special status Nato soldiers did have at that time, exporting that car could left some taxes to pay...but after so many years there will be no prove in the Italian Customs books.

 

All I am saying is that there are good shops in Modena and it may be the OP best interest to have a shop look and possibly fix it before dealing with bringing it here ..

I have seen the shops and their principles and was very impressed .... there is even a good shop right across from the factory

I agree with "get a solid recommendation on any shop here or there"

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1 thing to say, is your dad was one cool guy that seems to have lived his life to the fullest...for some reason i'm more interested in hearing more about your dad than the car lol . may he rest in peace. Get the car, restore it, thats legacy...

 

Ahem...I think you are over thinking it....

Again Albert -LP is a businessman well aware of import/export duties.

I'm of the school (as your location is prime) to crate it up, ship it home, and if you decide to break it for parts, the US market is higher yield, IMO...and at least if you fold the hand...."you tried.."

For me the single mirror TR down the street just exudes appeal.

Your kids will always remember the looks at school.
My kids got it at a bargain price in an early 308GTB..

It's like driving the Space Shuttle....live it. for once

 

I will say this about any Ferrari..

After neglect or damage, any one that wants to deem it "totalled" will do so...

I'll never forget discussing it over a fender bender:
"Sir, we know how Ferraris are driven, we assume you've crashed it, multiple times, already...."

WTF!
LOL!

Then he allowed the money, to put racing graphics back on...

 

if you have any intention of bringing it to the usa....
very unlikely that any taxes are due in italy.
you can just export the car.
if you do not have the original invoice your father paid, then get it evaluated as it is now.
call CARS, have them arrange everything for export.
you will pay 2.5% upon arrival in jacksonville
thats all.

 

As Ross mentioned, no taxes will need to be paid to Italy on export, but you will need the 'title' documents.

If you decide to sell it in Italy, VAT and duty will be sought by the Dogana before a buyer can get documentation necessary to register the car in Europe. I had a project LP5000S Countach in Italy for years, when I decided to register it in Italy, taxes had to be paid. After a year long struggle involving a Court 'expert' I hired, they allowed me to base taxes on the low end of a market value as seen in prominent Italian classic car magazines. This meant 47,000 Euro in taxes on an agreed value of 150,000 Euro. So even if you get a low end value of a TR in Italy, say 50,000 Euro, someone

That being said, as I have recently gone through a restoration there, I know some great small shops which do mechanical and bodywork in the Modena and St. Agata area for which a TR would be easy; I am certain they can source the missing parts easily.

If I did not already have a TR I would make you an offer. Getting a restoration of a car like that done in Italy by retired craftsmen working in small artisanal shops has been a pretty magical experience, I would do it again in a heartbeat. I do know a few people looking for a good TR project if you decide to sell.

 

yes, agreed, you do need ownership papers.
hopefully you have them.

 

Bring her home mate ..if you need anymore inspiration check out Ratarossa in UK,has done a bunch of rebuilds in his home garage ,currently doing a 512 BBi which was parked outside for 12 years and not moved!He bought a TR from Cali that hadn't moved for 20 years...

If you decide to let her go you could do worse than call him ....

 

had another look at the pics, and yes this is the title and documents you need - with the addition of whatever you have linking your father to you, and that he left this car to you.
if you do not ever register it in italy, you will not have to pay italian duty.
it can be rehabbed there and then exported without paying any duty.

if you are going to have it rehabbed, regardless of where, then my own opinion is you should bring it back to oem spec.
it is in the mecca of ferrari, so might as well have it done there - but i would definitely go there in person to see for myself, and choose who will do the work etc
might be helpful in figuring out who abused and cannibalized it as well.
if because of the distance you feel more comfortable bringing it to FL now, then so be it.
just recognize and count on it being north of $50k and more likely closer to $100k to do it.
at least you got it for free

 

Thanks for posting the pics! Amazing spec! I love that deep blue interior. Decisions, decisions!!!!!!!!!
Good luck! Do what's best for you. It would also be cool just to leave it as is! Just get it street legal and running! Everyone will love the story! Not likely reaslistic but I love the idea.

 

I know a few people I have worked with who are in Modena who could look at it and give you an idea of cost (and could do the work at reasonable cost). PM me if you want some contacts.

 

If you decide to sell, bring it home, get it titled in the US and then put it on Bring A Trailer. This kind of story is made for BaT. You’ll get maximum dollars for $500.

If it were me, I’d keep it. I’d make a documentary about the car, the story, the restoration, getting your boys involved, and then decide whether to keep or sell.

We’re all in different places in life. But it is great when these kinds of opportunities fall into your lap.


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