Information on 365 GT 2+2 from owners/ex-owners? | FerrariChat

Information on 365 GT 2+2 from owners/ex-owners?

Discussion in 'Vintage (thru 365 GTC4)' started by nomis, Aug 27, 2006.

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  1. nomis

    nomis Rookie

    Aug 26, 2006
    6
    Hi Guys,

    I'm new to this forum but am looking for both a mint 365 GT 2+2 and, more importantly good information prior to purchase.

    Can owners/ex-owners give me an understading of this car from an ownership prospective? A good car? A fair car? An unreliable car?

    Things to consider?

    Things to look out for?

    Concerns?

    Basically the idiots guide to this model.

    And, if anyone knows of any 'good' cars, in Europe (the UK being best), I'd love to hear about them.

    Thanks in advance

    Simon
     
  2. cbreed

    cbreed Formula Junior

    May 10, 2005
    296
    Jonestown, Tx
    Full Name:
    Charles
    #2 cbreed, Aug 27, 2006
    Last edited by a moderator: Sep 7, 2017
    it's all about the mechanicals. Most 365 GT 2+2 look good, even interiors can be re done fairly easily. BUT the engine, trans, electrics, and every tiny little part will cost you a fortune in parts cost, if you can even find them.

    Buy the best car you can find, if you go the fixer-upper route, the math will never work out.

    My car just won at Concorso Monterey, but more importantly EVERYTHING works perfect, the previous owner provided me with over $150k in reciepts, not to mention he paid $140k in 1989.

    Make dam sure everything is orignal equipment, don't touch anything that is not correct, i.e. wrong engine, Ferrari Badges stuck on the side, tinted windows, wrong lights,...

    These cars show best in Black, Silver or anything but Red.

    expect to pay $80k to $90k, if you can find a good one.

    One did sell for $136k last week in Monterey
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  3. Bryanp

    Bryanp F1 Rookie

    Aug 13, 2002
    3,822
    Santa Fe, NM
  4. nomis

    nomis Rookie

    Aug 26, 2006
    6
    Thanks Guys - have downloaded the file and read it! :)
     
  5. dgrperformance

    dgrperformance Formula Junior

    Feb 28, 2005
    311
    Oceanside, CA
    I know of a several unadvertised so-so cars and have a long list of requests for a really great car. Unfortunately like most 2+2s these cars have wained in obscurity with people who enjoy them but don't necessarily see the finacial return to maintain them as the high end exotic they are. The best way to approach the search is to either have an open wallet at wait for a truely exceptional car to show up at buy it at whatever cost (quickly)or to buy a good solid car and set aside 30-40k to go through the mechanicals and make sure everything is in order. Even at the high end of the price spectrum I would set aside some "what if funds" to cover issues that are sure to arise. I don't think this is limited to the 100k cars and I have seen quite a few of the higher priced cars with the same overlooked maintence and dodgy repairs but it seems to hurt us guys a lot more when we finally make the F-Car plunge and get repeated 10k bills that were not expected. Personally I would much rather see a guy purchase a 60-70k car and than go through the engine, trans and suspension to make it truely usable than to pay 100k for a cream puff and have it blow up on the first road trip.

    Zac
     
  6. nomis

    nomis Rookie

    Aug 26, 2006
    6
    Good advice and pretty much standard through the vintage/classic car market :)

    I'm not up to speed with classic Ferrari's but am not a virgin to classic motors in general.

    Still, you're making me wonder if a 456 would be a better 2+2 to scratch my itch ;)
     
  7. donv

    donv Two Time F1 World Champ
    Owner Rossa Subscribed

    Jan 5, 2002
    26,139
    Portland, Oregon
    Full Name:
    Don
    If service costs are a concern, the 456 is NOT the way to go. I own both a 456 and a 365GT 2+2, and while I do love the 456, my 365 has definitely been cheaper to own.

    Truth is, though, Zac's advice applies to pretty much any used Ferrari, from a Mondial 8 or a 308GT4 all the way up the line.

     
  8. donv

    donv Two Time F1 World Champ
    Owner Rossa Subscribed

    Jan 5, 2002
    26,139
    Portland, Oregon
    Full Name:
    Don
    Actually, based on my experience, I'd say I think the 2-cam 365s and 330s are probably the LEAST expensive Ferrari to maintain of any of them.

    True, if you want a concours car with correct hose clamps and toolkit, etc., it can get expensive, but if you want a nice, fun, reliable driver, they are very reasonable. Certainly less than the 456, or any other Ferrari with cam belts.
     
  9. cbreed

    cbreed Formula Junior

    May 10, 2005
    296
    Jonestown, Tx
    Full Name:
    Charles
    sorry to say, but the 456 is not a good choice, resell it terrible, it is comparing Apples to Oranges. I've drive the 456 over 2,000 miles and for a 'newer' car it's nothing special. The queen mother will appreciate vs. the 456 is crashing.
     
  10. 410SA

    410SA F1 Veteran

    Nov 2, 2003
    8,511
    West Coast
    Full Name:
    A
    #10 410SA, Aug 28, 2006
    Last edited by a moderator: Sep 7, 2017
    I loved my Queen. The thing I remember most fondly was the exhaust note - quite the best sounding car I ever heard.
    I bought a well used one and then spent a small fortune restoring it mechanically and cosmetically. It was beautiful. I eventually sold it when I was offered enough to cover my costs in total. I enjoyed it, showed it several times and drove it enough to appreciate the wonderful ride that was simply world class when it was built.
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