I just stumbled on a 348 Ferrari for sale in the $3,000-$7,000 range????

I am not sure if I should even respond to this for obvious reasons, however if you have any doubt as to whether or not you're "in a position to financially complete this project," then stop now. 348's have a reputation for being the most troublesome and possibly the most costly 8 cylinder Ferraris to work on. While I have no doubt that proper, well sorted cars are reliable and run well with nothing more than routine maintenance, the problem cars are nightmares. You've given virtually zero information on what the car needs and maybe you don't even know. However, there ain't no such this as a free lunch and in the Ferrari world, anything that looks like a free lunch is probably a bean and cheese burrito that will end up costing more than a NY Strip at the Palm (and in the end, you still have that well worn, stigmatized bean and cheese burrito). Do some searches and read up but I'm not telling you anything that 1) you won't find with a search and 2) something most of the other Ferrari owners on this site won't tell you.

 

I would not attempt to fix it, part it out and quadruple your money. You can sell a door for $2,000, do the math.

 

Exactly!

 

And where exactly is this car located? How can anyone take a look at it?

 

What jim says below was also my exact thought! Gold mine dude! Gold mine!

 

Ditto that.

 

I'll take the door harneses, side strakes, instrument binnacle, intake hoses, side mirrors, Motronics, and A/C fan assembly. Ernie and FBB can fight amongst themselves for the cat ecu's and other worthless junk.

 

And the bidding starts at

 

..@#&$

 

interesting find, lucky guy........

 

If this car is real and in Wisconsin, I would be very intrested...PM me with details.

Thanks, scott

 

He won't be so lucky when he looses the bid to me!

 

The Biturbo of Ferrari

 

I would love to see some pictures of this car. Can we still call it a car?

 

Hmmm...(rubbing chin).
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LOLOLOL the most costly 8 cyl.? what about an early 355 ? OMG

 

hmm, idea to self...i think ill part out my perfectly good 348 , and buy a 360 . and have money and some parts left over...!

 

This is why these "great deal" cars usually end up selling in the 35-50k range!

 

Sounds like a good idea---part it out---I will be over with my torch!!!

 

I'm assuming there is no further info on this "supposed" car??

 

...and no pictures??

 

That stuff alone is going to add on many thousands in parts alone much less paint and body charges

No rear louvers... maybe it's a special?!?

Add in a couple more grand

That would be TUBI.

I'm not understanding this last sentence. Either the transmission is missing the clutch and it's cover exposing the transmission gears or maybe it comes with a spare gear box?

Let us know when you see the car. As said above, you might be able to part it out and be on your way to getting a large down payment and buying a nice 348.