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Ferrari Pricing Request
Calling all Ferrari experts. What's this worth? (about)
1963 330 America, no engine or tranny. Otherwise rust-free and restorable. http://forums.pelicanparts.com/uploa...1343227718.jpg |
I truly doubt it's rust free
It will probably not be a candidate for restoration, likely just a parts car Somewhere in the $5,000-10,000 range It was common to rob the 330s of their V12 drivetrain to resurrect (or recreate) more desireable models. It wouldn't be cost effective to try to buy a V12 drivetrain to make this one 'correct' again. |
It's been in a dry CA barn since its engine/tranny were stolen in the early 1970s and has 50,000 total miles. So it should have little rust. I was just thinking of getting it to look good and adding something like a Chevy V8 and having some fun with it.
Your price esitmate is pretty low. What's a good one worth? |
for reference, the '67 330 GTC is approaching $500k, but that's a very, very desirable model. I'd wager somewhere in the $15-20k range at least.
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Don't know how public you want to be, but this site and its forum is a haven for 330 people. It started with the site owner buying a 330 and then fully restoring it. They would have good knowledge about the model and the market.
Tom Yang's Ferrari Restoration |
The 330 America was 'just' a 250 GTE with the 330's 4.0L V12. They only made about 50 of them, and there's said to be only 25 or so remaining. So they're rare. But not necessarily valueable.
A perfect concours example may fetch $300K, but there was a ratty but running one for sale recently that sold for under $30K....that's WITH the complete running (rebuilt!) 4.0L drivetrain which is worth that itself. So, for just a body? Keep in mind that a Pebble Beach level restoration is in the $250-400K range on a vintage V12 Ferrari. And I still don't think that car is completely rust free. What's that under the passenger's door? |
Lot's of options to go with. Transplant drive train or not, look at the price of a recreation version. That car leads to lots of open ended questions and depends what your'e thinking of doing with it. Planned restoration (by yourself or jobbed out), what else is missing and incorrect, history, interior, etc....?
The way I look at todays buyers, you have the purist paying surprisingly way over auction estimates, so you never know. Then you have the molested older Ferraris and variety of poor replicas. So if you can fall between that and transplant a 3.0 V8 and get the car to at least 'Gucci' treatment level you will find a NJ housewife to pay $100k for it. That said, I would back out the cost to get whichever level you choose and base the value upon that. |
drop in a jag or BMW V 12 and have fun
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Speaking of metal and sheet work on early Ferrari's. Some of the earliest used salvaged post war street signs for floor pans. I remember seeing this on an original Brachetta while on a lift in the 1970's. Genuine. |
Here's a 250GT 2 seater that is in presentable shape (cosmetically) but has an American V8
Bidding reached $41K |
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Getting back to the original post. I don't know whats on the original poster's mind, but the vintage Ferrari market for correct cars is much stronger than just two or three years ago. This goes for any model and the key words being 'correct car'. I recall when the 246 Dino's were so-so desirable in the used market mid 1980's selling in the mid teens... $14 to $16k. Then just two years ago looked at a honey for $110k and now some are $200-250k. Have no fear and go get that 330. Cheers - Scott |
I followed 330s for awhile. Love the single headlight version. Anything with Boranis is good. The values went way up in the last few years and didn't seem to take too big a hit with the recession.
However, IMHO and in agreement with Eric, that's a parts car. No need to pay a premium because it's whole except for the drive train. You could drop a substitute engine in it, but I personally would be embarrassed to drive it with a V8 in it. I doubt you'll get it for the low side of Eric's price range, but that doesn't make it worth more. I'd probably strip off the suspension and make a hot rod just to have something sitting on Ferrari springs, brakes and wheels. |
Just a last thought. Some of the molested transplant cars are hurt because so much was cut up under the hood and firewall to make them fit. To revert, it's tough finding the correct patterns and make it right again. That makes it a double whammy against valuation. If one went this route, make it a clean conversion for any potential future owner.
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I like the looks of that model, and since its a 330 America, why not drop in a little American iron. Maybe a V6 if the V8 won't fit cleanly. Make a practical driver out of it.
Zeke why would it be embarrassing to have a V8 in that car? Cheers Richard |
if you want to contact anyone regarding this try tom yang
Tom Yang's Ferrari Restoration Site he's an expert and a really nice guy. He's directly keyed in to the market for older ferraris and might know of an engine that might be available. Check out his site....he always documents what he is up to. BTW: What is that car in the background? |
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As for the 330, I love that style of Ferrari and want something I can restore myself, but not concours. I'd like to drive it a lot, even in the rain. So a V8, while not the best, would make it more palatable for my purposes. I like the idea of a BMW V12. |
If you're looking to restore it yourself and have a good time, that looks like a nice canvas
How useable is the interior? It appears that the steering wheel is missing, but that's easy. What about the rest? Ferraris of that vintage are simple cars. They're expensive only if they are 'correct'. So if you're not concerned with originality you could find inexpensive alternative components for almost every conceivable mechanical bit. Interior too..... if you don't need the correct fabrics, leathers, and finishes they are as straightforward as any kit car or hot rod to upholster and trim-out. Bodywork is bodywork, regardless of marque. If the body isn't hiding significant filler, then refinishing it with good results is also straightforward. Same with the exterior trim, like bumpers.... rechroming them doesn't cost any more than doing a 1969 Chevelle. Figure $500-700 per wheel to restore the Borranis (and they're worth it!!) The 4.0L V12 Ferrari motor wasn't exactly petite. The physical space is there for any host of motors. You'll have to plan carefully to mount and route things to preserve (not cut up) the original egine compartment. If it were me, I'd consider a late-model all-aluminum GM smallblock (LSx) and T56 6 speed transmission complete with all of the accessories, wiring, and computers to make it plug and play. Maybe a LS3 6.2L from a 2010-current Camaro SS. You're never going to recreate the sound or revs of a Columbo V12, so you might as well go with something you like, whatever that is. I still think it should be well under $20K |
Fitting a BMW or Jag V12 its not as silly as it sounds,
the injection would also be easy to figure out though using 6 webbers or del ortos and electronic ignition may take more of a hurdle |
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To understand me, however, is to know that I'm vehemently against SBC's in Jags. Yes, rebuilding a Jag motor is ridiculously expensive, (think along the lines of a 911$), but used motors are not. Now, I could put a Ferrari motor in a hot rod and it's been done. But I couldn't put an American V8 in a Ferrari. And I wouldn't take the time and trouble to do a BMW or Jag V12. |
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