My Bid On 1993 348ts/Comments Appreciated | FerrariChat
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My Bid On 1993 348ts/Comments Appreciated

Discussion in '348/355' started by modenachaser, Jun 11, 2010.

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  1. modenachaser

    modenachaser Karting

    Aug 8, 2006
    65
    Winter Park, FL
    Full Name:
    Andrew Pyle
    #1 modenachaser, Jun 11, 2010
    I bid this week on a 1993 green/creme 348ts at Steve Harris Ferari, St. Lake City, UT. They're asking 50k. I offered 45k, with delivery incluyded.

    Car was purchased by a guy in CA. They ran up the mileage to about 18k to import the car in 1993 to avoid tax/import regulatory problems. The car shows 20k miles currently; so essentially the car has 2k miles.

    I love the green metallic; others hate it but I love it. Different, yet brings out the lines of the car.

    All services are done. Tires are original to 1993, so they'll have to be replaced.

    Car is beautiful. But it's only worth so much; regardless of the love of it's buyer. I can't see offering more than 45k.

    Buyer isn't budging on the 50k price.

    I could buy 2 348 spiders and a Speciale for 45K. I certainly would feel that this car I bid on would be in the same price range.

    The wise/experienced commentary from the board participants is appreciated. Thanks guys.
     
  2. mj_duell

    mj_duell Formula 3

    Nov 20, 2004
    1,421
    S. Glastonbury, CT.
    Full Name:
    Mike
    #2 mj_duell, Jun 11, 2010
    Unless you really like green and must have it, I would pass. The Speciale will bring you a better value later on IMHO and there are many more low mile, service done 348's on the market.

    --Mike
     
  3. modenachaser

    modenachaser Karting

    Aug 8, 2006
    65
    Winter Park, FL
    Full Name:
    Andrew Pyle
    #3 modenachaser, Jun 11, 2010
    My heart says yes; my brain agrres that there are better buys out there which will benefit me in the long term (Speciale, etc.)
     
  4. GatorFL

    GatorFL Moderator
    Moderator Owner

    Nov 18, 2005
    16,967
    Wellington, FL
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    Duane
    #4 GatorFL, Jun 11, 2010
    Andy is it a Euro car?
     
  5. modenachaser

    modenachaser Karting

    Aug 8, 2006
    65
    Winter Park, FL
    Full Name:
    Andrew Pyle
    #5 modenachaser, Jun 11, 2010
    Yes; with Tubi. Car is perfect. But it's not worth 50k.
     
  6. gothspeed

    gothspeed F1 World Champ

    May 26, 2006
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    goth
    #6 gothspeed, Jun 11, 2010
    For that moeny .... a 355 wil be easier to chase modenas with ....... ;)
     
  7. eyboro

    eyboro Formula Junior
    Silver Subscribed

    May 30, 2004
    989
    Chicago
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    Eitan
    #7 eyboro, Jun 11, 2010
    Sounds like a gray market car, I would stay away.
     
  8. plugzit

    plugzit F1 Veteran
    Silver Subscribed

    Dec 1, 2004
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    Bruce Bogart
    #8 plugzit, Jun 11, 2010
    More like $35k. Make like a herd of cattle and moooooove on....
     
  9. Dutchman

    Dutchman F1 Veteran
    Lifetime Rossa Owner

    Dec 4, 2002
    6,184
    EU
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    Ton
    #9 Dutchman, Jun 11, 2010
    +1
     
  10. VTChris

    VTChris F1 World Champ

    Aug 21, 2005
    13,259
    #10 VTChris, Jun 11, 2010
    Another +1
     
  11. FBI

    FBI Formula Junior

    May 27, 2008
    446
    Calgary,Ab
    #11 FBI, Jun 11, 2010
    Go with the Speciale all the way!!

    There's a beauty on ferrari ads right now.

    cheers
     
  12. Saint Bastage

    Saint Bastage F1 Rookie

    Jun 1, 2007
    2,548
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    Lane
    #12 Saint Bastage, Jun 11, 2010
    If you pay 50, your purchase will be reflected in the "blue book" numbers as an uptick in value. I love what it does for me, but not so much for you.
     
  13. GatorFL

    GatorFL Moderator
    Moderator Owner

    Nov 18, 2005
    16,967
    Wellington, FL
    Full Name:
    Duane
    #13 GatorFL, Jun 11, 2010
    For a Euro, off color 348 with a TMU speedo I think your offer is way more than generous. I'd be at $40k max.
     
  14. 355dreamer

    355dreamer F1 World Champ
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    Apr 3, 2006
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    #14 355dreamer, Jun 11, 2010
  15. chas-3

    chas-3 Formula 3
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    Jan 28, 2009
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    Chuck
    #15 chas-3, Jun 11, 2010
    That car at Steve Harris has been there for quite some time as I would love a green 348 but had already bought a red one. That car is also an award winner so it must be in pretty good shape. But for $50k, why not try to move on up to a 355? Not sure you could buy 2 348 spiders and a Speciale for $45K unless they are complete crap. But hey, what do I know. ;-)
     
  16. copterjon

    copterjon Formula 3
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    Nov 11, 2005
    1,541
    Mesa, Az.
    #16 copterjon, Jun 11, 2010
    Why does everyone say to move up to a 355? Did it ever occur to some of the "experts" here that some people really like 348's and that's the car they want. I could have bought a 355 or a lower end 360 a few years ago but really had my heart set on a 348 so that's what I bought.

    I agree that 50 is to much for a grey market car. You have a lot of nice US spec cars at your disposal for that kind of money.

    Keep hunting, it's half the fun.:)
     
  17. BigTex

    BigTex Seven Time F1 World Champ
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    Dec 6, 2002
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    Bubba
    #17 BigTex, Jun 11, 2010
    355 engines have a LOT of weaknesses compared to the 348, IMO....:D
     
  18. 355dreamer

    355dreamer F1 World Champ
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    Apr 3, 2006
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    #18 355dreamer, Jun 11, 2010
    go throw another 308 on your junk pile. ;)
     
  19. Mitch Alsup

    Mitch Alsup F1 Veteran

    Nov 4, 2003
    9,728
    #19 Mitch Alsup, Jun 11, 2010
    Hand him you card and tell him to call you when he is ready to accept $45K.
     
  20. ferrari 512 tr

    ferrari 512 tr F1 Rookie

    Nov 16, 2008
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    #20 ferrari 512 tr, Jun 11, 2010
    thats a good one!
     
  21. ferrari 512 tr

    ferrari 512 tr F1 Rookie

    Nov 16, 2008
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    Paolo
    #21 ferrari 512 tr, Jun 11, 2010
    yes i agree
    but when he calls you (cause he definately - WILL)
    tell you have 39k left as u spent some.

    I bet it will be yours
     
  22. Saint Bastage

    Saint Bastage F1 Rookie

    Jun 1, 2007
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    Lane
    #22 Saint Bastage, Jun 11, 2010
    +348... I never understood that either.
     
  23. Chupacabra

    Chupacabra F1 Rookie
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    #23 Chupacabra, Jun 11, 2010
    Yeah, when I first started seriously considering buying my first Ferrari, I was thinking, "Well, I can get a sweet 348 now or wait a while and get a 360 or something." Then it hit me -- I don't WANT a 360, I want a 348. Nothing against the 360 or the 355, they're great cars. Just not what I'm after. To each his own!
     
  24. finnerty

    finnerty F1 World Champ

    May 18, 2004
    10,406
    #24 finnerty, Jun 11, 2010
    +1

    He'll never move a green ts for 50K.....sooner or later, he'll come to accept the reality of that.
     
  25. rbellezza

    rbellezza F1 Rookie

    Jun 18, 2008
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    Roberto Bellezza
    #25 rbellezza, Jun 11, 2010
    I agree with you ...
     
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