Posted by andre
I have a friend whoses interesetd in a 365gt for 25,000 it needs a paint job and the interior needs redone. The seller is a ferrari mecanic. engine sounds heathy. from little information
given here what whould be a fair price for this ferrari , and what are restored 365gts worth.
365gt
Re: 365gt
Posted by Tom
Hi Andre,
Is that $25,000 dollars, or 25,000 miles?
I've seen 365GT 2+2s going from anywhere from $25K-$75K, so from the information you provided, it will be in the low range.
Three points to consider:
1. How much rust is on the car. Paint and bodyowork can easily exceed $10K-$20K if a lot of rust repair is needed.
2.Don't take the mechanic's opinion on what kind of condition the engine is in. Find a third party to do a compression/leakdown test. Engines can sound great and still have crappy compression.
3. Be aware that these cars become a little more complicated than the earlier cars. A/C, load leveling shocks, and (I believe) dual altinators, need to be checked in working order. Problems in these areas can make for nightmare ownership.
Good luck.
Tom
Hi Andre,
Is that $25,000 dollars, or 25,000 miles?
I've seen 365GT 2+2s going from anywhere from $25K-$75K, so from the information you provided, it will be in the low range.
Three points to consider:
1. How much rust is on the car. Paint and bodyowork can easily exceed $10K-$20K if a lot of rust repair is needed.
2.Don't take the mechanic's opinion on what kind of condition the engine is in. Find a third party to do a compression/leakdown test. Engines can sound great and still have crappy compression.
3. Be aware that these cars become a little more complicated than the earlier cars. A/C, load leveling shocks, and (I believe) dual altinators, need to be checked in working order. Problems in these areas can make for nightmare ownership.
Good luck.
Tom
Re: 365gt
Posted by Tom
Hi Andre,
Is that $25,000 dollars, or 25,000 miles?
I've seen 365GT 2+2s going from anywhere from $25K-$75K, so from the information you provided, it will be in the low range.
Three points to consider:
1. How much rust is on the car. Paint and bodyowork can easily exceed $10K-$20K if a lot of rust repair is needed.
2.Don't take the mechanic's opinion on what kind of condition the engine is in. Find a third party to do a compression/leakdown test. Engines can sound great and still have crappy compression.
3. Be aware that these cars become a little more complicated than the earlier cars. A/C, load leveling shocks, and (I believe) dual altinators, need to be checked in working order. Problems in these areas can make for nightmare ownership.
Good luck.
Tom
Hi Andre,
Is that $25,000 dollars, or 25,000 miles?
I've seen 365GT 2+2s going from anywhere from $25K-$75K, so from the information you provided, it will be in the low range.
Three points to consider:
1. How much rust is on the car. Paint and bodyowork can easily exceed $10K-$20K if a lot of rust repair is needed.
2.Don't take the mechanic's opinion on what kind of condition the engine is in. Find a third party to do a compression/leakdown test. Engines can sound great and still have crappy compression.
3. Be aware that these cars become a little more complicated than the earlier cars. A/C, load leveling shocks, and (I believe) dual altinators, need to be checked in working order. Problems in these areas can make for nightmare ownership.
Good luck.
Tom