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Thinking of buying a 340

Discussion in '348/355' started by eurocardrvr, Jul 20, 2006.

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  1. eurocardrvr

    eurocardrvr Rookie

    Jul 20, 2006
    22
    Los Angeles
    Full Name:
    Wil
    #1 eurocardrvr, Jul 20, 2006
    My first car was a 90 VW Corrado G60. If any of you guys know that car it requires alot of maintenance as well, so I'm pretty used to it. I am considering a 340 since fits my price range. What are the insurance costs, and registration fees that I should be aware of before buying one. I currently own a Jeep and would consider this car as my weekend driving machine.
     
  2. Doug Kless

    Doug Kless Formula Junior

    May 24, 2004
    452
    Huntersville, NC
    #2 Doug Kless, Jul 20, 2006
    Don't know how many 340's you'll find for sale but my guess is that you'll have better luck looking for 348's
     
  3. eurocardrvr

    eurocardrvr Rookie

    Jul 20, 2006
    22
    Los Angeles
    Full Name:
    Wil
    #3 eurocardrvr, Jul 20, 2006
    sorry 348
     
  4. PAP 348

    PAP 348 Ten Time F1 World Champ
    Lifetime Rossa Owner

    Dec 10, 2005
    100,220
    Mount Isa, Australia
    Full Name:
    Pap
    #4 PAP 348, Jul 20, 2006

    Welcome for Ferrarichat. :)
    If you fill out your profile, and let everyone know what part of the world you live in, then everyone will be more than happy to help you get some answers to your questions. :)
    Good luck with the 348. :)
     
  5. BOBAER

    BOBAER Formula Junior

    Jun 6, 2006
    261
    Jersey
    Full Name:
    Jon
    #5 BOBAER, Jul 20, 2006
    You can buy my 340 for $100.00 plus tax.
     
  6. ArtS

    ArtS F1 World Champ
    Owner Silver Subscribed

    Nov 11, 2003
    13,370
    Central NJ
    #6 ArtS, Jul 20, 2006
    Tom S. Just bought 340 Sn 202a on ebay for a little over $26k.
    http://www.ferrarichat.com/forum/showthread.php?t=113281

    Not a particularly good project for the inexperienced.


    Regarding 348's: buy the latest (newest car) with the best maintenance history that you can afford (buy a car that has been used regulary recently). Budget $3-4k per year for maintenance (you may average less, but be prepared).

    Good Luck,

    Art S.
     
  7. 3forty8

    3forty8 F1 Rookie
    Owner

    Apr 25, 2006
    2,713
    San Diego
    Full Name:
    Eric
    #7 3forty8, Jul 20, 2006
    Insurance and registration are surprisingly inexpensive on these cars. Of course, insurance will vary depending on your zip code in LA, your deductible, liability coverage amounts, your age, driving record, etc. etc. and registration will be a function of the depreciated value of the car as set forth by the DMV. Lots of variables, but figure roughly $1.5k/yr on your insurance and reg. Buy the best car that you can find that has had a recent major service (timing belts, tensioner bearings, water pump, etc.) - or budget around $5k - 7k to get that done after purchase. Spend the money to get a PPI (pre-purchase inspection) done by reputable dealer or independent ($400 - $500). And check this site out - tons of great info on here to prepare you to search, inspect, purchase, drive and maintain your 348.
     

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