360 For Sale on Salvage Website... Clean Title??? | FerrariChat
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360 For Sale on Salvage Website... Clean Title???

Discussion in '360/430' started by KenneBraun, Sep 7, 2010.

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  1. KenneBraun

    KenneBraun Karting

    Apr 15, 2009
    62
    Renton, WA
    Full Name:
    Jeff Braun
    #1 KenneBraun, Sep 7, 2010
    I found a 360 Spyder for sale on the salvage website:
    http://www.eliterebuildablecars.com/auctions/inventoryDetail.php?id=30577

    That is a really low price, obviously, so it begs the question: what is wrong with it? Looks like some corrosion on the muffler perhaps, but other than that, I'm confused as to why it's going for so little? Maybe it was wrecked and retitled in Florida? It says SE region, so that is my suspicion. Anyone know the story of this one?
     
  2. chrmer3

    chrmer3 Formula 3

    May 19, 2006
    1,719
    USSA
    Full Name:
    Chris
    #2 chrmer3, Sep 7, 2010
    Maybe she drowned? Hard to guess without the vin.. Email for that & run a carfax or similar..
    They dont become insurance salvage over a parking lot dent ;)
     
  3. JPN800

    JPN800 Karting

    Apr 12, 2010
    157
    New York
    Full Name:
    JP
    #3 JPN800, Sep 7, 2010
    I did some searching and came up with the vin for you. ZFFYT53B000123267 at least now you can see its a euro.
     
  4. Chupee

    Chupee Formula Junior

    Jul 10, 2009
    832
    Between Trust funds
    Full Name:
    Blair
    #4 Chupee, Sep 7, 2010
    I believe that car was used as a floating barge after Katrina.. May be a good deal
     
  5. open roads

    open roads F1 Rookie

    Jan 28, 2007
    3,799
    Sarasota, Fl.
    Full Name:
    Stan
    #5 open roads, Sep 7, 2010
    Does anyone know these people? Do you want to be their first customer? Why aren't there any testamonials? Why don't they advertise their whereabouts?


    Plus, they have a lot cars that people are walking away from because they are all used up. At 20,000 miles.


    I guess it's possible. But I wasn't born yesterday.


    Hmmm.



    Pass.
     
  6. dcautomotive

    dcautomotive Rookie

    Dec 26, 2009
    22
    rocky mount NC
    Full Name:
    Robert Zampardi
    #6 dcautomotive, Sep 7, 2010
    Elite is a salvage reseller, they bid cars that are active at auction at this time, (read the fine print), they bid on your behalf, there is no warranty or recourse on any of these units. AND the bid price is often no where near the sell price, they often go for stupid money to people who do not know the market, but like to buy pretty pics. You see even the insurance companies learned that a wash and shampoo will boost prices. Consider it a poker bet, the only people who can afford to make these cars work are the rebuilders themselves and auto recyclers. They can aggregate several units into a car, and sell off what they do not need.

    btdt

    Rob
     
  7. dm_n_stuff

    dm_n_stuff Four Time F1 World Champ
    Lifetime Rossa Owner

    Dec 10, 2003
    43,755
    26.806311,-81.755805
    Full Name:
    Dave M.
    #7 dm_n_stuff, Sep 9, 2010
    Terms are pretty hairy, too.

     
  8. rcuming

    rcuming Formula Junior

    Oct 18, 2009
    255
    Houston, Texas
    Full Name:
    Reid
    #8 rcuming, Sep 9, 2010
    RUN, don't walk, AWAY, far away!
     
  9. engatwork

    engatwork Rookie

    Oct 12, 2011
    3
    #9 engatwork, Apr 23, 2012
    I've actually gotten the car with the vin listed in this thread in my possession and it is a good driving/running car. It does have a few issues but from an operational/driving standpoint is a solid car that drives out straight. The biggest issue is with the convertible top. The cylinder that latches the top leaks and from what I can tell the canvas has to be removed to allow replacement of the cylinder and its hoses. Where are the old style latches that you worked by hand? In my opinion it is a very poor design where the hoses/cylinder are built together.
     
  10. *fill-up*

    *fill-up* Formula Junior

    Mar 11, 2011
    364
    Orland Park, IL
    Full Name:
    Phillip K
    #10 *fill-up*, Apr 23, 2012
  11. anunakki

    anunakki Seven Time F1 World Champ
    Owner Rossa Subscribed

    Oct 8, 2005
    78,953
    Las Vegas Nevada
    Full Name:
    Jerry
    #11 anunakki, Apr 23, 2012
    Seems to be an honest ad
     
  12. engatwork

    engatwork Rookie

    Oct 12, 2011
    3
    #12 engatwork, Apr 25, 2012
    I got a copy of the car fax and the car has a clear title and there have been two separate accidents. One on the left front and one on the right front. I had my friend come over with his paint thickness tester and from what he could tell the paint thickness is different on the drivers side front fender and drivers side door. With that said it looks like any repairs that have been done to this car were done in a shop that provides professional, high quality repair. The paint looks great and the lines are correct. All the gaps are even and properly spaced on the doors, front fenders, hood and engine hood. The only gap that is not perfect is the gap for the convertible top body panel to the body between the drivers side and passenger side.
     

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