About to take the plunge.. | FerrariChat

About to take the plunge..

Discussion in '365 GT4 2+2/400/412' started by carreracat, Dec 10, 2011.

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  1. carreracat

    carreracat Rookie

    Dec 9, 2011
    11
    UK
    Full Name:
    Mark
    hello all, newbie here, thinking of taking the plunge into ferrari ownership for the the first time.

    i have always had a soft spot for 4 seat ferraris and certainly anything with a 12 cylinder engine.

    i have found this RHD example here in sinagpore. there are only 2 left here and this appears to be the most original example.

    i have never owned a ferrai before, i am more used to old porsches, what i should be looking out for? is rust an issue, and if so where on the car is it most prone?

    http://www.sgcarmart.com/used_cars/i...119544&DL=1231

    thanks
    mark
     
  2. carreracat

    carreracat Rookie

    Dec 9, 2011
    11
    UK
    Full Name:
    Mark
    i read somewhere that classic cars magazine in the UK had a buyers guide sometime earlier this year - does anyone know which month this was so i can order a back copy?
     
  3. full_garage

    full_garage Formula 3
    Owner

    Feb 15, 2010
    2,241
    Sarasota Florida
    Full Name:
    Jay
    There's a very nice writeup in the current issue of Auto Italia- the Uk magazine, on the 412.

    Most of the buyer's guides I've seen seem to be written by people who have never been near a 412.

    Rust is far less of an issue on 412s than earlier 400s- The biggest issue is lack of use- Most of these cars were driven fairly regularly by their original owners- and then most languish for years at a time at "Exotic" car dealers who expect them to fetch big money.

    You;ll find fuel injection issues, dried up seals, worn and collapsed front end bushings, corroded exhaust systems and of course dried up and shrunken leather interiors.

    Everything on a 412 costs bucks to fix- the difference in price between the world's worst 412 and the world's best is less than the cost for a really extensive service- so buy them best one you can. With so few made there are very, very few on the market at any given time- usually around a dozen worldwide.

    Luckily the engines and gearboxes are fairly reliable- The auto box is far less favored these days but the 412 engine has plenty of grunt and the car flies, even with the auto. Get a good one and you'll never let it go.
     
  4. SouthJersey400i

    SouthJersey400i Formula 3

    Mar 14, 2007
    1,679
    Romulus, NY (Finger Lakes)
    Full Name:
    Ken Battle
    Mark
    The link is no longer active so I do not know which model you are looking at. 400 and 400i's have issues with the fuse / relay panel over heating some of the contacts and the circuit board. I do not know if any of this was resolved with the 412. Check the this panel under the passengers feet. Pull out a few of the white plug connectors (8-12 pins or there about) and see if any of the contacts are brown or worse. I have some solutions if the damage is minor. If all is white you are likely okay for now.
    Ken
     
  5. carreracat

    carreracat Rookie

    Dec 9, 2011
    11
    UK
    Full Name:
    Mark
  6. carreracat

    carreracat Rookie

    Dec 9, 2011
    11
    UK
    Full Name:
    Mark
    i can't seem to edit my initial post?
     
  7. Steve Magnusson

    Steve Magnusson Two Time F1 World Champ
    Lifetime Rossa

    Jan 11, 2001
    26,825
    30°30'40" N 97°35'41" W (Texas)
    Full Name:
    Steve Magnusson
    Edits must be made within 2 hours of the original posting.
     
  8. full_garage

    full_garage Formula 3
    Owner

    Feb 15, 2010
    2,241
    Sarasota Florida
    Full Name:
    Jay
    Ken

    The 412 moves some of the higher amperage connections to just above the glove compartment. Not as much overheating issues from the proximity to the headers but the same plugs with the same chance of "blackening" a connector and melting the plug- My 412 had the entire system rewired and the back of the board resoldered at great expense about 5 years ago.
     
  9. wrxmike

    wrxmike Moderator
    Moderator Owner

    Mar 20, 2004
    7,674
    Full Name:
    Mike
    I really like 412's, but I wouldn't recommend one as an intoduction to Ferrari ownership. I say this because most people's expectation of a Ferrari is that of a high performance sports car, which a 412 is not. It's a grand tourer, with good performance and plenty of style, but it's not going to win any traffic light races.

    The 412 is also a complicated car which can be savagely expensive to fix, so buying a good car is essential as major repairs can amount to a significant proportion of the purchase price. They have a prodigous appetite for fuel - think 20-30 litres per 100 km's. Lastly, a 4 seater automatic Ferrari V12 in white is for most people probably the least desirable 'combination' available, so it should be cheap to buy, ( and also extremely difficult to sell)

    With all the negatives out of the way, the 412 is the last of the "old school" V12's and all that stand's for. I think they are stylish and there were very few produced (and even fewer left in good conditon) so you aren't going to see another one every day. The rear seat legroom and boot is bigger than a 456, and in comparison to the 400, the 412 has a slightly bigger engine and ABS brakes and many other sublte improvements.

    Also, i'm assuming you are in Singapore, your profile says "east coast" which could be anywhere....

    M
     
  10. Champboat/Champcar

    Champboat/Champcar Formula Junior

    Jan 29, 2007
    885
    Freeport NY
    Full Name:
    Eric T
    The car you are looking at is overpriced by about $ 55,000. , it seems all the cars on that site are way overpriced. What is COE paid until 2018 ? what does that mean ?
     
  11. vespasian

    vespasian Karting

    Nov 28, 2011
    55
    Germany
    Full Name:
    Alex
    The price seems to be in Singapure Dollars, which means 1 Singapure Dollar = apprx. 0,75 US$. So we are talking about US$ 42.000 - which still is quite expensive in my point of view...
     
  12. wrxmike

    wrxmike Moderator
    Moderator Owner

    Mar 20, 2004
    7,674
    Full Name:
    Mike
    COE:
    http://en.wikipedia.org/wiki/Certificate_of_Entitlement

    Prices are in Singapore dollars, cars are very expensive there.

    M
     
  13. carreracat

    carreracat Rookie

    Dec 9, 2011
    11
    UK
    Full Name:
    Mark
    yes i am in singapore, will change my profile.

    cars here are very expensive and road tax is also very high. but this one has a long COE (a bit of paper that lasts 10 years and allows you to have the car on the road) and new 10 year one coast about US$58k these days. they are asking US$75k for this car but i have it on good authority they will take a lot less as the 412 doesn't get any love here.

    US$75k doesn't you much in singapore, a new toyota prius will cost US$125k and new ferrari 458 will set you back about US$770k. so the 412 is almost a bargain!

    i am not looking for a traffic light drag car (i have a '76 930 for that) i am looking for cruiser with good performance that i can fit my wife and son in too. the auto box is particularly appealing as traffic here can be pain and most people these days only have auto licenses so it's better for resale.

    i love the lines of the 412, and the fact that most other people seem not to only increases the appeal for me. there are no 456's here so that's out of the question and the only other 4 seat ferraris here are a couple of mondials and one 308GT4 which don't appeal as i really hanker for a V12. there is one testarossa for sale but that is of course only 2 seats and is more than twice the price http://www.sgcarmart.com/used_cars/info.php?ID=218592&DL=1000

    i will go and see the car and find out what condition and history we are dealing with.

    thanks for you comments.
     
  14. full_garage

    full_garage Formula 3
    Owner

    Feb 15, 2010
    2,241
    Sarasota Florida
    Full Name:
    Jay
    Gee i don't know- I think a WHITE 412 with red interior is a deadly looking combo-

    NEVER EVER buy a 400 or 412 with ANY thought of resale value- Buy it cause you love it.
     
  15. aidanparte

    aidanparte Formula 3

    Jul 18, 2004
    1,231
    Go for it! Looks like a nice car, and a good price for Singapore.

    Aidan

     
  16. davidoloan

    davidoloan Formula Junior

    May 6, 2009
    584
    Full Name:
    David
    Hello Jay,

    What is on the cover of that magazine. A Red Maserati 5000GT cover is on sale at the in the UK now.

    Was it last months?
     
  17. carreracat

    carreracat Rookie

    Dec 9, 2011
    11
    UK
    Full Name:
    Mark
    thanks. i will check my posts properly next time!
     
  18. carreracat

    carreracat Rookie

    Dec 9, 2011
    11
    UK
    Full Name:
    Mark
    this is the only other on in singapore http://www.sgcarmart.com/used_cars/info.php?ID=79434

    also an auto, but doesn't have original wheels and the interior has been recovered. the colour combo is definitely more traditional ferrari, but i think i prefer the white/red!

    anyway this red on isn't for sale, so it's wither the white one of no ferrari at all.
     
  19. vespasian

    vespasian Karting

    Nov 28, 2011
    55
    Germany
    Full Name:
    Alex
  20. full_garage

    full_garage Formula 3
    Owner

    Feb 15, 2010
    2,241
    Sarasota Florida
    Full Name:
    Jay
    Issue 190 Dec 2011- The one with the silver 246 Dino on the cover- A really nice writeup on the 412.
     
  21. 400iGuy

    400iGuy Formula 3
    Owner Rossa Subscribed

    Aug 26, 2004
    1,080
    Central Florida
    Full Name:
    Al
    It looks like thr parking lights have been painted red!

    Al
     
  22. full_garage

    full_garage Formula 3
    Owner

    Feb 15, 2010
    2,241
    Sarasota Florida
    Full Name:
    Jay
    You know I just looked at the car- WTF?? 348 style fornt end AND 348 wheels?? Woofers cut into the CENTER CONSOLE?? Billet shift knob on the auto tranny??

    Wow how is that car NOT in LA?
     
  23. Ak Jim

    Ak Jim F1 Veteran
    Owner Rossa Subscribed

    Dec 23, 2007
    9,627
    North Pole AK
    I remember reading something about that car but can't remember where it was. I'm pretty sure it's a 348 front. I think it looks good on the 412 but would look really bad on the 365.
     
  24. carreracat

    carreracat Rookie

    Dec 9, 2011
    11
    UK
    Full Name:
    Mark
    unfortunately such modifications are quite common here

    thanks, i'll go find myself a copy
     

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