What would be a wise first Ferrari? | FerrariChat

What would be a wise first Ferrari?

Discussion in 'Ferrari Discussion (not model specific)' started by drystack, Jan 30, 2007.

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  1. drystack

    drystack Rookie

    Jan 28, 2007
    10
    Maine
    Full Name:
    Matt Qualey
    I have been searching for an adult automotive toy for awhile and learning alot here about the various Ferrari models. What model would you suggest as a first time choice (bearing in mind that due to my geographical location testing is limited)? I think the 355 is gorgeous, 550/575 out of my price range, 348 I hear reliability horror stories, 308/328 underpowered. I prefer a 12 cylinder, but do not like the Testarossa body. I know these are all Internet formed opinions, and talk is cheap. FWIW, I was originally going to just buy an M5 and use it as a fun daily driver, but my lifestyle really doesn't allow for me to spend as much time in a sedan as I would like.

    I am thinking in the 40-50k range, could go to 75k if I absolutely fell in love. I am not a speculator; I buy, drive, keep and enjoy. I am mechanically inclined, but really lack a lot of time to constantly tinker. Nearest dealer is 3.5 hours away.

    If there is a Northern New England group or get together I'd love to join a mailing list or perhaps get together.

    Thank you
    Matt
     
  2. furious_ferrari

    furious_ferrari F1 Rookie

    Nov 25, 2005
    3,160
    Vancouver, Canada
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    Phil
    #2 furious_ferrari, Jan 30, 2007
    Last edited by a moderator: Sep 7, 2017
  3. Jeff328

    Jeff328 Formula 3

    Sep 5, 2006
    2,293
    WI
    $40-$50k puts you right into a 308 or 328. I have almost 60 grand into my 328 right now. It's a very nice low mileage 88.5 328, though.

    $55k+ is 348 range. Too many potential issues for me.

    $75k might get you a 355. I think decent ones are probably more expensive, but I could be wrong since I don't usually shop the newer cars.

    IMO no V12 car without issues will be in your price range.

    Usually a cheap Ferrari is the most expensive one you can buy.
     
  4. rcm360

    rcm360 Formula Junior

    Nov 16, 2003
    343
    Kansas
    Full Name:
    Reese
    A 328 would make a great "first Ferrari", but as you stated power might be an issue, but keep in mind that power is not the only thing to appreciate during your Ferrari ownership. If you can buy a great 355 that would be a perfect way to go, but do not settle for a questionable car, that will make your ownership expensive and much less enjoyable. Good luck.
     
  5. jvmax

    jvmax Formula Junior
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    Oct 16, 2006
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    Orlando, FL
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    #5 jvmax, Jan 30, 2007
    Last edited by a moderator: Sep 7, 2017
    I know I am going to get some flack for this but you might want to think about an Acura NSX--not a Ferrari (but is close enough you can get to a Ferrari for the price and most people think it's a Ferrari anyways). They can be had in the upper $30's lower $40's for a clean 97-2001. I know because I had one before I bought my 360, and I currently have it (1998 Yellow NSX) for sale(picture below was pulled from an earlier post on ferrariChat and not mine).
    Image Unavailable, Please Login
     
  6. jungathart

    jungathart Guest

    Jun 11, 2004
    3,376
    NoVA, AmeriKa
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    Komrade Jung
  7. Air_Cooled_Nut

    Air_Cooled_Nut Formula Junior

    Nov 25, 2004
    952
    Portland, Oregon
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    Toby Erkson
    I agree.
     
  8. Robin

    Robin F1 Rookie

    Nov 1, 2003
    2,931
    Arlington, VA
    Simple - Get the car you actually WANT. I couldn't imagine spending any amount of money on a car I had to settle for. If the car you want is a 355 or 550, stash money away for a few more years to get one. Spending this much money on a sport car is not a practical decision. It needs to be made purely by your emotions. Because that, it's not a good idea to spend a bucket full of cash on something just because it's there and it says Ferrari on it... Find the car that makes your jiggly bits all tingly, then do whatever you have to in order to afford it.

    -R
     
  9. Bullfighter

    Bullfighter Two Time F1 World Champ
    Lifetime Rossa Owner

    Jan 26, 2005
    22,607
    Gates Mills, Ohio
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    Jon
    Of course you're going to get some flak. The guy wants a Ferrari, not an Acura. Anyone who has ever read a car magazine can tell the difference.

    I agree - power is nice, but until you get to the 360/F430 range (or pick up an F40...) you'll be lagging the latest sports cars anyway.

    Because you mention reliability and something under $50K, I'd say a primo 308 QV is something to consider. Gorgeous cars, iconic, depreciation-proof (well, probably). Also the 348 TB/TS seem to available nice in that range. If you want to go over $50K, a 348 Spider or 328, are great driver's cars. The later 348s seem to have been better cars and the 328 was solid from the start. Get an '86-'88 - avoid the $5K premium of the ABS cars.

    If you're OK with 355 maintenance costs, go for it. But if you're stretching to get into it, and then an $8K repair bill pops up, you might regret it.

    Another idea: The depreciation-bomb Lotus Esprit V8. Lotus had the car nicely sorted after 25+ years of production, but prices for used ones fell off a cliff. Depending on the year, I think an Esprit would hang with an F355. It's far rarer - Lotus sold a few hundred a year toward the end - so you'll never see one on the road.

    It doesn't have the Ferrari curves, but it's a real exotic and well within your high-end range. Not sure they ever installed a good gearbox, but reliability apparently improved significantly with the arrival of the V8.
     
  10. RMDC

    RMDC Formula 3

    May 15, 2005
    1,005
    Boston, North Shore
    You would get more serious replies if you filled out your profile. You need not share personal information, just some information that let's people know where you are at - lifestyle, occupation etc. We have a great group of folks North of Boston that could help you. Post in the New England section and we can go from there. Too bad you had to start out this way.
     
  11. menoy

    menoy F1 Rookie

    Mar 12, 2005
    2,661
    PL
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    MRodziewicz
    Seriously - that is my dream first Ferrari. Exactly like that!
     
  12. oss117

    oss117 F1 Rookie

    Jan 26, 2006
    4,185
    Plantation, Florida
    Full Name:
    Alfredo
    Hi, I do not know where exactly you live and how's the market there for used Ferraris, so all I can tell you is what has been my experience.
    I have bought a '95 456 GT with 6 speed after long search and after an initial infatuation with a 412.
    I believe I made the right purchase, as I truly enjoy the car: it has the room I need for my kids, my wife likes to drive it too, it is powerful, fun to drive and it has the looks that will never go out of style.
    You can find several of them, anywhere between 60K and 80K; you need to check them out carefully as there are some issues with these cars, but there are some good ones around as well.
    There is not a single time I take it out that I do not get stopped by someone complimenting me for the looks of the car or asking me what model it is and what year it is (and no one can believe it is a '95).
    Good luck with your search anyway, but remeber: V12 in front and 6 on the floor is the way to go!!
     
  13. 2NA

    2NA F1 World Champ
    Consultant Owner Professional Ferrari Technician

    Dec 29, 2006
    18,221
    Twin Cities
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    Tim Keseluk
    I don't recommend anyone buy an Esprit. They are really fun and shockingly fast but they are just too fragile and some parts are scarce (those Mickey Mouse gearboxes are filled with Unobtanium). Even at the depreciated price it's only a bargain if someone else buys it and you get to drive it.
     
  14. MufflerMan

    MufflerMan Formula 3

    Jun 12, 2005
    1,564
    Sacramento Ca
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    Colby Sandman
    This is absolutely correct. Most will not take you seriuosly here until your profile is more complete.

    A Lotus V8 is a great car, I own one. I sold my 328 to get it and as great as the Lotus is, I miss the 328. With that said, I think a 328 is a great starter Ferrari. They are fairly reliable, great looking, and have pretty good performance relativley speaking. I wouldn't say they are down on power, 270 hp is pretty good for for that size of a car. My Lotus is faster, but doesn't carry the same feeling my 328 did. At any rate, searching for a sports car is fun, enjoy the process!
     
  15. jvmax

    jvmax Formula Junior
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    Oct 16, 2006
    928
    Orlando, FL
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    John
    seriously, save up and pick up a 360 6 speed with 20k-ish miles and recent service for under $110k. I just couldn't justify spending $60-$90k for a 355 that looks dated and slower when compared to the 360/430 body styles. Plus be prepared for costly service intervals on the 355 (no offense to the 355 group, I would have loved to get one but decided to spend the extra $20k to get into the 360).
     
  16. Rosso328

    Rosso328 F1 Veteran
    Owner Rossa Subscribed

    Dec 11, 2006
    7,359
    Central FL
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    Paul
    I will admit my bias right up front, but I vote 328 GTS.

    Underpowered? Well yes, you could say that in comparison to later models, but there is more to the experience than flat out power. And at least in my case, a strong touring car, not a track car, is what I wanted, and what the 328 delivers.

    Reliability and driveability are also strong points, as is the timeless look.

    The 328 is my first Ferrari. I know it will not be my only or my last one, but I believe it makes for a great introduction to the F-World.

    That said, whatever you choose, drive, enjoy, and all the best!!!
     
  17. Bullfighter

    Bullfighter Two Time F1 World Champ
    Lifetime Rossa Owner

    Jan 26, 2005
    22,607
    Gates Mills, Ohio
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    Jon
    Good perspective. I'm also pretty satisfied with the power of my 328. It just feels and sounds right, even if it's no dragster.

    If there's a 'wise' first Ferrari, it probably is the 328. Mine has been quite reliable and it's chronically gorgeous, to boot.

    I'll probably hang onto mine until I can afford something older. There hasn't been anything better since, IMO, although if I could find a way to put a Euro/fibreglass 308 in my garage I would be tempted. Black/tan of course.

    If I won the lottery and gobs of cash ... I'd probably buy a bigger garage so I'd have more room to walk around and admire the 328. And I might park a Daytona next to it.
     
  18. I thought the 355 had more problems than the 348?
     
  19. Jackmb1

    Jackmb1 F1 Rookie

    Dec 27, 2005
    3,329
    The 328 is a great starter Ferrari with the money you're looking to spend. You should test drive it to see if the power is acceptable to you. What ever you get do your homework. Good luck
     
  20. mrp_e

    mrp_e Formula 3

    Dec 19, 2003
    1,004
    Between Coachella Valley & Motor Valley
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    Bill
    i know somone who got an '88 328 GTS as his first ferrari. 10 years later, he got himself a new 550 as a retirement present. a year later, he sold the 550. still has the 328. it's one you almost never hear owners complain about.

    if power is an issue, pick one up in the mid 40s and send it to Carabou or one of those guys with a check for 10k and see what happens. but i wouldnt. it's a beautiful looking go kart with great sounds. not a dragster.

    if you want torque, get a superformance cobra with 500hp for 50k.
     
  21. drystack

    drystack Rookie

    Jan 28, 2007
    10
    Maine
    Full Name:
    Matt Qualey
    "You would get more serious replies if you filled out your profile. You need not share personal information, just some information that let's people know where you are at - lifestyle, occupation etc. We have a great group of folks North of Boston that could help you. Post in the New England section and we can go from there. Too bad you had to start out this way."

    Hey now, I didn't know you cared :) Actually, that would be great as I am in Boston several times a month. Thanks for the feedback.

    Regarding the Lotus, NSX--both are great value for the money, but a little too extraverted for me. I completely agree with the statement of buying what fits best. I'm going to keep reading, thanks again for the suggestions.

    Matt
     
  22. tjacoby

    tjacoby F1 Rookie

    Nov 1, 2003
    2,857
    Vancouver Canada
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    tj
    I'd have to agree with Robin: putting "wise" and "first ferrari" in the same sentence is nuts. The experts are pretty well unanimous that the 328 is the best starter ferrari. But they're getting on in years now too - and any fcar can bite in unexpected repairs.

    Drive a bunch and the one that's worth waiting for will speak to you loud and clear!

    And don't believe all those 355 lovers, 348's are fun and a very different experience that only some of us can appreciate. (Furious_Fiero - when did you get so confused with cars :D).
     
  23. jvmax

    jvmax Formula Junior
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    Oct 16, 2006
    928
    Orlando, FL
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    John
    I guess it all comes down to if you want a classic Ferrari or a Modern Ferrari. Another way to look at it is comparing a new c5 or c6 Corvette (modern, better interior and more comfortable, better creature comforts) to a 70's corvette (classic, less comfortable, no creature comforts, dated).
     
  24. Mojo

    Mojo Formula 3

    Sep 24, 2002
    1,293
    Washington St.
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    Joseph
    I agree with the 456 statement, 12 cyl. nice, fairly new, not to extraverted :)
     

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