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Project:1987 Ferrari 328GTS

Posted on 7/13/15 at 1:26 pm
Posted by VetteGuy
Member since Feb 2008
28182 posts
Posted on 7/13/15 at 1:26 pm
$29,950



More pics here:

https://www.hemmings.com/classifieds/dealer/ferrari/328gts/1756554.html

These guys kill me. The market for these cars is $75-95K

This car needs $50K worth of work, plus it has a salvage title.

You would have a "new" 328, so there's that.

Posted by CaptainsWafer
TD Platinum Member
Member since Feb 2006
58346 posts
Posted on 7/13/15 at 1:28 pm to
Salvage title is enough to keep me away if I were serious about it.
Posted by blueboy
Member since Apr 2006
56353 posts
Posted on 7/13/15 at 1:28 pm to
What 328 is going for 95k? Last I checked, they didn't even fetch their original prices.
Posted by CaptainsWafer
TD Platinum Member
Member since Feb 2006
58346 posts
Posted on 7/13/15 at 1:29 pm to
What were their original prices?
Posted by bigrob385series
B. Aura
Member since May 2014
2634 posts
Posted on 7/13/15 at 1:29 pm to
nothing from the windshield forward looks salvageable.and they are asking 30k?
Posted by SEClint
New Orleans, LA/Portland, OR
Member since Nov 2006
48769 posts
Posted on 7/13/15 at 1:31 pm to
If it were a new Ferrari California for that much I'd be interested.
Posted by CaptainsWafer
TD Platinum Member
Member since Feb 2006
58346 posts
Posted on 7/13/15 at 1:32 pm to
The inside doesn't look bad at all, except for the god awful CD player someone jammed in there. I hate those wheels too.


And nice full size spare.
Posted by LSU_Saints_Hornets
Uptown NO,LA
Member since Jan 2013
9739 posts
Posted on 7/13/15 at 1:32 pm to
That's like when Gas Monkey did that Ferrari.



Posted by Napoleon
Kenna
Member since Dec 2007
69097 posts
Posted on 7/13/15 at 1:33 pm to
There was a show on AMC or something (Gas Monkey I think) where they bought a wrecked salvaged Ferrari for $500,000 and put $300,000 of work into it and it was worth $1M when done.

(F50)
Posted by dagrippa
Saigon
Member since Nov 2004
11294 posts
Posted on 7/13/15 at 1:36 pm to
5 grand and I'd consider it.
Posted by CaptainsWafer
TD Platinum Member
Member since Feb 2006
58346 posts
Posted on 7/13/15 at 1:36 pm to
That's an F40 though, not a 328GTS. Furthermore, I I could afford it, I certainly would NOT buy that F40 the Gas Monkey boys did.
Posted by VetteGuy
Member since Feb 2008
28182 posts
Posted on 7/13/15 at 1:38 pm to
They've went up a lot, BB.

Used to you could find them for $28-45K.


Here's one for $90K, no stories:

LINK
Posted by blueboy
Member since Apr 2006
56353 posts
Posted on 7/13/15 at 1:42 pm to
quote:

What were their original prices?
About $65k in 1987.

I saw a good one go for just under $40k, but that was about 5 years ago. Testarossas have lost even more value. Maybe that's changed.
Posted by blueboy
Member since Apr 2006
56353 posts
Posted on 7/13/15 at 1:45 pm to
quote:

They've went up a lot, BB.

Used to you could find them for $28-45K.


Here's one for $90K, no stories:
That was fast. I wonder why. They are pretty common. Maybe the kids who watched Magnum are finally coming into real money.
Posted by VetteGuy
Member since Feb 2008
28182 posts
Posted on 7/13/15 at 1:48 pm to
He's not high, really. Some are breaking 100.


Just know the check writing has just started...
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
119179 posts
Posted on 7/13/15 at 1:49 pm to
Salvage title. No thanks.
Posted by LSU_Saints_Hornets
Uptown NO,LA
Member since Jan 2013
9739 posts
Posted on 7/13/15 at 1:51 pm to
quote:

I certainly would NOT buy that F40 the Gas Monkey boys did.


Why not they are capable of doing some quality work the met all of Ferrari's specs.
Posted by VetteGuy
Member since Feb 2008
28182 posts
Posted on 7/13/15 at 1:52 pm to
quote:

Salvage title


That kills it above all else.

IDK a single person that would accept a Ferrari w/ a salvage title.

If it was up on it's feet, with a salvage title, it would maybe be a $50K car.

Posted by Weaver
Madisonville, LA
Member since Nov 2005
27722 posts
Posted on 7/13/15 at 1:57 pm to
Sometimes it isn't about the money. Brings them back to their earlier days...aka mid life crisis.
Posted by jrodLSUke
Premium
Member since Jan 2011
22158 posts
Posted on 7/13/15 at 2:06 pm to
What are some good web sites for buying pre-owned Ferraris? I see the link for Hemmings. Any others?

I 've seen some prices on the 360 that really have me thinking about pulling the trigger.

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