"Wobbles the Mind" (wobblesthemind)
09/06/2018 at 15:53 • Filed to: For Sale
0
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"Wobbles the Mind" (wobblesthemind)
09/06/2018 at 15:53 • Filed to: For Sale | 0
| 9 |
Now is the time to make a move. ..
T his 3 owner 308 GTS is a CA car from new. It was originally owned by Indy 500 winner Rick Mears. Mears owned the car for approximately 6 years and 17,500 miles It was sold it through Canepa Motors to the 2nd owner on 12/7/85. He owned the car until 1997 The 3rd owner purchased the car in 1997 from Hi-Tec auto sales nearby in Burlingame According to records the car was serviced by Canepa, Ferrari of Walnut Creek and Patrick Ottis, who is one the best Ferrari mechanics in the US.
Most recently it had the major timing belt service performed at 63,200 miles to the tune of $16k by local Ferrari independent shop, Taormina Imports here in San Carlos The car comes with owners books, tools, original window sticker, records from 1985-1996, original registration cards with Mears info and the most recent service record from 2015 Just reduced $53,995 trade ins gladly considered, leasing and financing available upon approval of credit.
!!! UNKNOWN CONTENT TYPE !!!
SPAMBot - Horse Doctor
> Wobbles the Mind
09/06/2018 at 16:05 |
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Probably still listed for too much. High mileage, no records from 1996 to the 2015, not great condition on the inside, etc.
lone_liberal
> Wobbles the Mind
09/06/2018 at 16:11 |
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Beautiful cars. They are the first Ferrari that many of my generation really knew. I’d love to have it but I have to be honest, I wouldn’t buy it. I know it will probably appreciate like crazy and it’s so pretty but that service would be hanging over me the whole time Sword of Damocles like. I know it’s boring but for the same money I’d probably get this https://classics.autotrader.com/classic-cars/1966/chevrolet/corvette/101019492
Chan - Mid-engine with cabin fever
> Wobbles the Mind
09/06/2018 at 16:14 |
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Ugh, why does a major service cost $16k, and even at an indie shop?
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Wobbles the Mind
> SPAMBot - Horse Doctor
09/06/2018 at 16:16 |
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Al l those things make it a car I could actually drive though. A lot of these Ferraris are at such low mileage and high documentation that you can’t enjoy them. But this one is in a condition and price point where I don’t think another couple thousand miles will hurt anything.
I also think, at that price, you could break even between the ownership costs and resale if you keep it another 3 years. Hits my tastes, anyways.
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SPAMBot - Horse Doctor
> Wobbles the Mind
09/06/2018 at 16:23 |
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it’s def a great candidate for a driver. It’s nice to actually see one that was used. higher mileage cars are normally better sorted so it’s not a detractor in my eyes, but the market it weird. Most people, even if they pan on driving a lot, put more than a few thousand miles a year on them. So even low mileage cars command a premium because they will all stay relatively low mileage.
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Wobbles the Mind
> lone_liberal
09/06/2018 at 16:29 |
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I swear that these and the chrome bumper C3s are some how becoming more attractive over time. I thought they were maxed out years ago...
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Wobbles the Mind
> Chan - Mid-engine with cabin fever
09/06/2018 at 16:35 |
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I know, I puckered when I saw that. Ma intenance costs are always harder to find out t han repair costs online. It also feels like maintenance prices appreciate faster than repair prices.
Future next gen S2000 owner
> Wobbles the Mind
09/06/2018 at 18:24 |
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Not worth it to me, but I don’t understand the recent appreciation of bad Ferraris lately . Also, after watching some Magnum PI clips on youtube, the car looks incredibly small.
Manwich - now Keto-Friendly
> Wobbles the Mind
09/06/2018 at 19:22 |
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US$16,000 for the timing belt service?
I recall reading on a couple of different Ferrari forums that the timing belt service, goes for more like US
$3000-5000 range... and that’s with replacing other stuff like the water pump at the same time.
https://www.ferrarilife.com/forums/pre-99-v8s-gt4/7439-cost-various-308-repairs.html
Sounds like the current owner got ripped off Taormina.... or there was a lot more work that was done than a simple timing belt change.
Possibly the “timing belt service” was actually an engine rebuild due to the timing belt snapping.
And saying “rebuilt engine” just might hurt the sales value.