$400k just doesn't buy what it used to:
 

I can remember when you could get a half-decent F-car for less than that. Now this smashed, (was probably totaled at the time), 330GTC that looks like it was stored in a wet barn is for sale for $395k. :eek:

Makes an early 911 look positively cheap in comparison.

1967 Ferrari 330GTC

http://forums.pelicanparts.com/uploa...1388204703.jpg

Got to be a joke...

Check out some of their other cars for sale.....I've run across them a few times while looking for a 911.....most of their stuff looks like it was stored in a wet barn.

They have a 912 that they say needs 'minor cosmetic work'.....looks like 30 generations of rats have made a home of the interior...

Not a joke. Their price is out of line, (I think they paid $200k for it), but good ones seem to bring $4-500k these days. :cool:

Pay particular attention to the shots of the underside. I paid $50 for one back in the '70s that was similar but with more body rust.

This guy is a real junk dealer but you have to admire his chutspa, or however the fk you spell it. :)

It looks like it's in about the same shape as the CSS Hunley....and that sat in salt water for over a century...

I didn't make it to the underside pictures the first time....wow

Funny looking 71 911S: 1971 Porsche 911S Sunroof

wow, crack must be cheap out there...this guy been hit'n the pipe...

wow....

Beverly Hills Car Club.. located in East LA.

That tool kit is in comparatively good shape!

What would that cost to repair? :eek:

That would be a nice project.

It's a re body candidate to a 250GTO:

Bonhams : 1965 Ferrari 330GT/250GTO Re-creation Chassis no. 7225 Engine no. 7225

That would be sweet!

To repair and restore it, I'm guessing $200k minimum, maybe more. It likely needs absolutely everything imaginable but all of the big pieces are there. Unless both the repair and resto are done by someone with a name in the Ferrari world, the value of the car later would be low.

On the plus side, if someone actually bought the car right, (like this clown did), it's an opportunity for a Pebble Beach quality resto and the car would be potentially worth the new total. They are not going down in value anytime soon.

As is usually the case, it's easier and cheaper to just buy a nice one. :cool:

Here again, if it was priced right it might, might make sense. Perfect 2.2 911S cars are $150k plus these days. It would need to be fixed and totally restored by someone good to have that value, not a DIY project. :cool:

On second thought, after really looking at the 911 pictures, it would probably need a re-body to restore. It's just a soggy, rusty box of turd. Poor freaking car...

Carmax doesn't present their cars as nicely. :)