Is There a Ferrari That's Affordable?

[Don Ro]

For the common man?
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Originally Posted by onewhippedpuppy

Stock up on $50k Testarossas while you can!

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...thinking, all of a sudden.
What Ferrari, year and model, won't break the bank* and will appreciate?
Thanks for any info...good or bad.
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*Have to define "bank", I guess.

[cockerpunk]

308s seem reasonable, though i bet maintenance would destroy you on any older Ferrari.

[HardDrive]

In a word, no.

[Don Ro]

Yes, I've seen. Not my color (inside & out) ...
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1988 Ferrari 328 GTS 16,500 original miles
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"...major service done 5-13-2013 at Scottsdale Ferrari.(Cost of 9,900)"

[motion]

Unless you're buying an Enzo, or a 60s model, Ferraris should never be considered an investment.

[gordner]

My understanding is that the mondial/308 can actually be fairly economically maintained if you are a dyi guy without a lot of fear. I have wanted one forever, and do a little reading on the subject and for example, that $9900 major service is only about 2000 done yourself.

[scottmandue]

Originally Posted by gordner

My understanding is that the mondial/308 can actually be fairly economically maintained if you are a dyi guy without a lot of fear. I have wanted one forever, and do a little reading on the subject and for example, that $9900 major service is only about 2000 done yourself.

This is what I have heard and because of that I also would like a 308/Mondial someday... probably the least sexy Ferrari but mid-engine Italian V8 sports car, what is not to like?

[Don Ro]

Well, I'll just drool then.
Love this model & color...
2000 Ferrari 360 Modena = $60k...Local.
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http://phoenix.craigslist.org/nph/cto/4182077868.html
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Man, this PP site is slow all of a sudden. I'll take that as a sign to detumesce.

[Don Ro]

Some here: Mondials
Don't move my blood, though...
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Ferrari Mondial for Sale | Hemmings Motor News

[scottmandue]

Seems like we have similar tastes... I'm also crazy about the 360...

But first I need to get that beach condo in Malibu

[scottmandue]

Originally Posted by Don Ro

Some here: Mondials
Don't move my blood, though...

I think if I drove one I might fall in love... but there are probably dozens of cars I could say that about.

[diverdan]

The day I took delivery of my first Ferrari in 1969, a 61 250 GT convertible, was I thought, the happiest day of my life. Wrong! It was about 18 months later, the day I sold it. I put a lot into it and sold it for what I paid for it, but the paranoia was over. I was not making much money then as it was my first year out of college and my folks were not wealthy. I learned a lot from the DIY effort required of an impoverished substitute teacher. Porsches have always been the sportscar that owners pack on miles with little fear of problems. One of the biggest problems with Porsches are with those that don't get driven! That said, 308s, like the guy said can be bought for around 20k and are DIY friendly and parts not too ridiculous compared to Porsche.

[Don Ro]

Originally Posted by scottmandue

I think if I drove one I might fall in love... but there are probably dozens of cars I could say that about.

I had a great year in my business about 25-30 years ago...strolled down to Ferrari of Los Gatos (CA) and drove a Dino 246 GTS that was just redone in & out...new light grey leather and redone engine, etc. They wanted $36k and I was drooling but my business needed more development, etc.
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They had a demo Mondial in some ugly light blue...drove it and they wanted to just "give" it to me, but just couldn't get enrolled after driving and lusting after the Dino. Common sense told me to attend to my business and look later.
Some common sense, eh?
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Dinos are now going for what?...$300k+? Who knew?

[Don Ro]

Originally Posted by Don Ro

Man, this PP site is slow all of a sudden. I'll take that as a sign to detumesce.

Had to run Ccleaner & defrag to get back on.
OK, I can see it all now, I can take a hint...end of subject...
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Maybe

[Embraer]

General consensus is that the 348's are on the upswing. You can pick a well sorted one up for the low 30's. Anyway you shape it...it's not going to get any cheaper. 10 years from now, it will be worth more.

I said a couple of years ago that the 308/GT4 models would be going up in value. Long considered the poor-man's 308, and not desirable because of looks..they are shooting up in value.

In the Ferrari world...the 348/355 is the 993 of Ferraris. 360's are the 996's. The 360's are considered to have bland styling, higher production numbers, etc. While it's arguably a better car then the 348 or 355, it lacks the soul that the earlier cars have.

Internet forums have done a good job of tarnishing the reputation of the 355 with regards to manifolds cracking and valve guides going bad. You'll see that the 360 (and 430) also suffer from these same issues.

On another note...from an investment point of view...keep your eyes on Lamborghini Jarama's. V12 Lambo from the Miura era. now that Miuras are unobtanium, you'll see the Jaramas go up up up in value.

[Embraer]

Don, come out to socal sometime. i'll give you an aviation tour of all of the cool sights....in the ferrari.

[Embraer]

oh...the 308 is largely DIY friendly. the 348 a little tougher. All said and done...the Ferrari's that are babied are the ones that have the most issues. They need to be driven hard, and then maintained. simple.

[Don Ro]

Originally Posted by Embraer

Don, come out to socal sometime. i'll give you an aviation tour of all of the cool sights....in the ferrari.

Now I'm reeallyy nervous.

[BE911SC]

Models that no one really wants? Affordable. Wheeler Dealers did one awhile back. If they did one then that's your affordable Ferrari.

[Don Ro]

1979 Ferrari 308GTS ...$34,750
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What's the wisdom on carb'd 308's?
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Love yellow...for some damn reason.
But not black interior.
BTW, I've always liked the looks of the 308's.
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1979 Ferrari 308GTS for sale | Hemmings Motor News
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