What to buy on a budget? | FerrariChat

What to buy on a budget?

Discussion in 'Ferrari Discussion (not model specific)' started by caffeine, Jul 3, 2015.

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  1. caffeine

    caffeine Rookie

    Jun 3, 2015
    2
    I'm looking for advise on what Ferreri to buy when you are on a budget.

    I have a cap,at roughly 50,000 and would like to keep the annual maintenance cost down.

    Any advise is appreciated.
     
  2. sburke

    sburke Formula 3

    Dec 21, 2010
    1,273
    Lake Norman, NC
  3. Brian Harper

    Brian Harper F1 Rookie
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    Feb 17, 2006
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    San Jose area
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    Brian Harper
  4. VIZSLA

    VIZSLA Four Time F1 World Champ
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    Jan 11, 2008
    41,692
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    First, make your purchase at least ten years ago.
    Sorry but you missed the boat.
     
  5. GTS Bruce

    GTS Bruce Formula Junior

    Oct 10, 2012
    804
    Orchard Park NY
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    Bruce Roche
    Toyota camry
     
  6. DrJan

    DrJan Formula Junior

    Feb 28, 2015
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    Dr Jan P
    You guys are not too nice against the OP!

    Why not give him your expert advice instead?
     
  7. 575 Maranello

    575 Maranello Formula Junior

    Jun 3, 2013
    335
    So Cal
    Ill give it a try. A 348 is still affordable. can be purchased in the 40's but its maintenance cost is not that cheap. Then again I know of no modern Ferrari that is cheap to maintain.
     
  8. toggie

    toggie F1 World Champ
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    Nov 30, 2003
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    The historic answer to that question was a 328 GTS, but they have risen in price far beyond $50k now.

    Not sure where the prices are for the following Ferraris but they should be less than a 328 these days:
    - 308 GTSi (the carb cars and QV's will be more)
    - 308 GT4
    - 348

    .
     
  9. absent

    absent F1 Veteran
    Lifetime Rossa

    Nov 2, 2003
    8,810
    illinois
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    mark k.
    At $50k cap all is available today can be picked among some really bad Mondials, 400s, rebuilt title 348s and possibly 355s.
    Any of them would mean no fun and financial disaster to OP.
    Guys above are doing him a favor.
     
  10. Turbopanzer

    Turbopanzer F1 World Champ

    Oct 2, 2011
    11,120
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    Panzer
    This ^^^^^^

    If your not a mechanic/craftsman like myself, purchasing any of the forementioned could turn you Ferrari expierence into a nightmare of epic porportions. Save you money and wait until you can find a car you can afford and maintain. Until then enjoy FChat with the rest of us and pick up the tips that when the time comes to get the Ferrari of your dreams you will be prepared for its ownership.

    For now......Ford Pinto ! :D
     
  11. VIZSLA

    VIZSLA Four Time F1 World Champ
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    Jan 11, 2008
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    No need to be abusive.



    Truth is that 50k won't buy you a useable Ferrari. You can find cars under that but by the time you catch up with all the differed maintenance you're above 50K. Unless you intend to do all your own wrenching. And given the question I don't think that the OP is versed in Ferrari maintence.
     
  12. DrJan

    DrJan Formula Junior

    Feb 28, 2015
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    Dr Jan P
    Thank you guys. I had in my mind a 400, slso you can search in smaller countries like Sweden and import it to your country of residence.
     
  13. jmaz

    jmaz Formula Junior

    Jun 27, 2011
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    Colorado
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    Jim
    I'd think that, if you're careful/lucky, you might still be able to acquire a decent 308 GTSi for $50K. Perhaps one that's accumulated a lot of miles and that's been reasonably well cared for and hasn't been sitting for a long time.
     
  14. DrJan

    DrJan Formula Junior

    Feb 28, 2015
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    Dr Jan P
    I assume too that the OP means 50K USD?
     
  15. VIZSLA

    VIZSLA Four Time F1 World Champ
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    Jan 11, 2008
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    Don't look at 12s if you're on a budget. Particularly one that was never officially imported to the US.
     
  16. David Lind

    David Lind Formula 3

    Nov 19, 2008
    2,248
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    I realize you asked what FERRARI to buy w/ $50, but to expand your pool of targets, I would seriously consider a 6 or so year old Aston Martin V 8 or a Lotus Turbo Esprit S4.
     
  17. DrJan

    DrJan Formula Junior

    Feb 28, 2015
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    Dr Jan P
    You can still find fairly "affordable" examples in Scandinavia. Usually properly serviced for most of their lives.
     
  18. VIZSLA

    VIZSLA Four Time F1 World Champ
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    Jan 11, 2008
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    I'm speaking as a US owner. I like the car but it's not easy to own here.
     
  19. Jana

    Jana F1 Veteran

    Mar 4, 2015
    9,872
    Can you define "down" in regards to annual maintenance costs? My car is currently in the shop because the previous owner let it sit and did much of nothing. There is nothing actually wrong with the car except some dry rot on some rubber pieces and the tires and we're doing a belt change and fluids flush and adjusting the clutch. The belts and fluids alone are $4500. The cost to do everything is $13k.

    The cost of the Ferrari never ends with the purchase. Never.
     
  20. Enzojr

    Enzojr F1 World Champ

    Dec 12, 2013
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    Tomy
    Caffeine
    Where in the world are you located ?
    You may find someone close who knows F cars and can help, filling out your profile will also be helpful.
    Take a look at Autotrader, type in $50 K max price under Ferrari.
    I would target one of the Mondial models close to $40 K.
    As mentioned maintenance and parts can destroy your experience in short order.
    Up to date service is a must have, and good luck with your search.
    Better to heed the warnings above than to hate your car later.
     
  21. LARRYH

    LARRYH F1 Veteran
    Owner Rossa Subscribed

    Jun 3, 2011
    9,634
    virginia usa
    I see couple of 456s advertised in the upper 40s .. The , 308Gt4.., 400s..and others
    THe maintenance issue is the real concern . It is not impossible to find a NICE ferrari in the 50K range.. However IF you got hit with a 5000 repair bill would that kill you if so then I would save some more or wait till you are in a better position to buy a ferrari..
    Either way buy the BEST car you can it will come along..
    You are in the right place to learn about Ferraris just as i did .and many others .....
    you will get there no doubt..and best of luck....One other thing the 360s on are far more reliable and easy to live with cars...
     
  22. Smiles

    Smiles F1 World Champ
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    Nov 20, 2003
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    Wow.m Not that long ago you could get a 330 2+2 or a GTE for less than $50k.

    And I did.

    Matt
     
  23. DonJuan348

    DonJuan348 F1 Rookie
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    Aug 5, 2008
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    Is this a real post because OP hasn't chimed in nor does he have location set.

    There isn't much that can be bought for $50k.. but you could luck on something.

    It's never buying a Ferrari it's maintaining it.

    High mile 348 360 456 or GT4
     
  24. Enzojr

    Enzojr F1 World Champ

    Dec 12, 2013
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    Tomy
    Hard to say, hope we did not scare him off.
    The 3 Mondial cabs on Autotrader are all under $40 K, some with "low" miles leaves you $10 K to sort stuff out. If I was in his shoes I would be asking about history and service records of that black one.
    I always liked the 456, and think for a 12 cylinder F car is reasonable in price .... I did not mention maintenance costs as reasonable.
     
  25. DonJuan348

    DonJuan348 F1 Rookie
    Owner

    Aug 5, 2008
    4,442
    Taxing Jersey
    I forgot about Mondial especially non T model ...iirc maintenance is less
     

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