Purchase 360 with rebuilt engine?

Verify, verify, and then... verify. Once I drove a distance to look at a car that the owner claimed that he had the transmission rebuilt. When I got there and asked to see the receipt, he handed me an invoice that showed that the fluid and filter had been changed--- that's it. Liars indeed.

 

Verify per the repair order. You need to know what was repaired, as stated by others in this thread.
Only red flag is the number of miles since the rebuild. Would be better with some additional time to make sure everything is right.
Shop that did the work.... no need to identify....sounds like they stand by their work so that's a plus.
Had a shop rebuild a Ferrari V12 for me several years ago. Took them 3 times to get it right and they are no longer in business. So be careful on this one.

 

Mistakes do happen..this one is to be taken very seriously. I have NOT read every thread so pls forgive me if my question has been asked.
I not aware of how they repaired this mistake and what parts were replaced...compromised con rod bearings or worse main bearings present a serious rebuild or engine replacement.
My question to the OP...If you have not already get oil pressure readings...with operating oil temps or highier...witness this first hand.
Make sure they are not using a hghier viscosity oil to hide increased bearing running clearance from lack of oil.
Good luck.

 

If done properly, I would see this as a huge plus.

 

I'd personally see it as a plus....but being it's a Ferrari , you can always use that as a negotiating tool. Just be warned, when you go to sell it, your potential buyer will too. When I was searching, one of the cars I was considering had the engine REPLACED at a dealership. Some people on here told me to steer clear. To this day, it still makes no sense to me. These are just fancy machines. after all.

 

If you can confirm everything with receipts and invoices, it wouldn’t be a problem for me. I’d also have compression checked. Good luck and enjoy.


Sent from my iPad using FerrariChat

 

Also... be sure to scrutinize all "invoices" "work orders" etc. One 360 I was looking at had quite a few "invoices" included in the documentation that were in reality, under a closer look, only estimates of work to be preformed. The work was never done.

 

Kc- now that’s funny!

pad the book w estimates

 

1500 miles is a lot. This should be less severe than a brand new engine from the factory, and they surely don't say to baby it for 1500 miles. The only thing that really needs 'breaking in' on an engine is the piston rings/cylinder walls. They took two pistons out, but OP didn't say whether they put back with same rings, nor whether they honed the cylinders (no reason to unless new rings). Regardless, a few hundred miles with lots of RPM variation (note: I did not say redline, just varying) would be enough to ensure no infant mortality. An oil change, possibly with oil analysis, and a leakdown check as part of a PPI would be prudent.

 

Best wishes and good luck.

 

Where is there, generally speaking?

I had a brand new timing belt bearing freeze while it was still at the shop. Belt melted and a couple pistons had intimate contact with some valves. Pistons were ok but 9 valves were replaced and head reworked. For better or worse, I was on the track at well under 1000 mi.

 

Given the number of opinions I wouldn't touch it. Needs a big discount.

 

Sj—. Agree.


Sounds like he’s talking himself into the deal.

there are too many for sale wo this risk and story.

but I’m done typing on this one and wish you best of luck.

I hope it works out!

 

Vol- just be super careful. I’ve been burned. So proceed w enthusiasm caution and exuberance -/))

 

And even more which are total basket cases, sold as "perfect" yet have a true story you'd never want to hear.

Well documented cars, even those with troubles that have been properly sorted are preferable to cars with murky histories - at least in my estimation.

 

The one thing to be careful of, when buying any classic car, is that you can trace back it's provenance and service history. The more, the better.

Cars that have been passed around, and worse still not serviced/maintained correctly are the ones to steer clear of. I would prefer to have a car with higher milage if it meant the car had fewer owners and had been loved/serviced and maintained correctly. It really is that important.

In my experience these old girls are completely reliable and not overly expensive to own, but only if they have been looked after to begin with. As soon as you start skimping on maintenance and treat them like a toyota, you're in for trouble.

You want to buy from a collector/enthusiast, ideally, or at least from a dealer who specializes in these sorts of things and can give you the full story on what you're buying. Any car that came from an auction or has unknown provenance I'd be avoiding.

Don't overly think it after that, just buy what you like and enjoy it. These cars are to be loved and enjoyed, don't try and find "that perfect deal", once you find the right car - go for it and don't look back.

 

360, although I now have a 951 exclusively for tracking.