time to get serious about buying a used Can Am

time to get serious about buying a used Can Am

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Discussion

DKHudson

Original Poster:

13 posts

179 months

Sunday 9th March 2014
quotequote all
I'll get to the point: I'd like to meet up with an Ultima owner (or two) who is happy to talk about the pros and cons of Ultima ownership, show me the car and really give me the detail (preferable Can Am).

I'm happy to travel to you, but due to my work commitments I would prefer keep this to North East England: ie: Northumberland, Tyne & Wear, Durham, Cleveland, N Yorks, Northern Lancashire, Cumbria
OR
Scotland: central belt, borders and SW Scotland.


Any volunteers?


BACKGROUND
I've bored my friends senseless about the Ultima Can Am; ever since I saw it at Stoneleigh and had a demo run from the factory 10 yrs ago.

I'd prefer to build one, but I can't. Although I'm quite happy to deal with the day to day small fettling that is required with a hand built car, I simply do not have the free time to build the car from scratch.

Ten yrs ago the choice was simple: buy a complete, built, used Can Am or buy a used Ferrari... I bought a Ferrari 308 GTS, which was a very happy 7 yrs that I don't regret for a moment.

2014 and time for new special car. I still don't have the time to build an Ultima, if anything my job affords me less free time than ever, but HERE WE ARE AGAIN with a decision to make.
1) a used Can Am
2) Ferrari 348 TS / Spyder


I now know Ferraris fairly well and feel comfortable and knowledgeable about the Ferrari 348, but the Ultima I'm not so sure about. Bizarrely the Ferrari would be the safe choice for me: head says, "Ferrari", but heart says I'd regret not ever having had the Ultima.

Hence this post, I want to find out and I'm sure there's somebody here who has the answers.


David

F.C.

3,897 posts

208 months

Sunday 9th March 2014
quotequote all
If you were contemplating a 348 v's a CanAm it would be a tough choice 348's aren't getting any cheaper or less used now and if you are a Ferrari person it would be a pretty good investment now.
An Ultima will (should) still be in production years from now.
If you are looking at "the performance envelope" then the Ultima is the obvious route.
ETS if it were me I'd be looking at an F355

Edited by F.C. on Sunday 9th March 14:57

crossram

291 posts

124 months

Sunday 9th March 2014
quotequote all
If you choose a 348 you may want to consider a California car, there is no rust and they are very inexpensive maybe 15,000 pounds. Due to the fact that there are so many Ferrari's to choose from they don't hold their price well here.

Cerbieherts

1,651 posts

141 months

Sunday 9th March 2014
quotequote all
But why would he want a federal-spec LHD car? It would be Virtually worthless in the u.k. and euro 348's aren't exactly renowned for rusting to pieces...

V8Dom

3,546 posts

202 months

Sunday 9th March 2014
quotequote all
355 spyder not a 348.. they are ugly

ultima canam will be more fun and cheaper to maintain.

348/355 you have to change the cambelts every 2 years and engine out and cost more to insure/ service and rust to deal with.

if you bored your friends silly why ask... if you buy a 355/348 will you still talk about a canam?



Cerbieherts

1,651 posts

141 months

Sunday 9th March 2014
quotequote all
V8Dom said:
355 spyder not a 348.. they are ugly

ultima canam will be more fun and cheaper to maintain.

348/355 you have to change the cambelts every 2 years and engine out and cost more to insure/ service and rust to deal with.

if you bored your friends silly why ask... if you buy a 355/348 will you still talk about a canam?
3 years=timing belts. They don't suffer with rust like the early Ferrari's...

crossram

291 posts

124 months

Sunday 9th March 2014
quotequote all
Cerbieherts said:
But why would he want a federal-spec LHD car? It would be Virtually worthless in the u.k. and euro 348's aren't exactly renowned for rusting to pieces...
All British cars have rust

Cerbieherts

1,651 posts

141 months

Sunday 9th March 2014
quotequote all
crossram said:
All British cars have rust
Quite possibly. Ferrari's aren't British though.

F.C.

3,897 posts

208 months

Sunday 9th March 2014
quotequote all
Cerbieherts said:
crossram said:
All British cars have rust
Quite possibly. Ferrari's aren't British though.
LoL

DKHudson

Original Poster:

13 posts

179 months

Monday 10th March 2014
quotequote all
Well that stirred up a reaction, so in no particular order:


1) Yes there is a big performance gap, the Can Am is much quicker, although the 348 isn't exactly slow.


2) why 348 over 355... personal choice.
The 348/355 is basically the same car and I think the 355 soft shape bumper, door and tail mouldings don't sit right with the sharp edged upper panels. The 355 is beautiful, but I’d have the 348.


3) Ferraris and rust.
The new cars much better than of old (like most other marques), but they can still rust. The 348/355 and later monocoque cars are less likely to rust, but conversely are a bit harder to repair than the earlier body on chassis cars.


4) yes timing belts are a pricey job on a 348/355 as the engine has to come out. There are annoyingly a few other mundane jobs that also need the engine out of the car. I understand an American has grown an extra elbow and can now change the alternator with the engine in-situ.

Timing belts 2 yrs / 3yrs / 60K miles… rather depends on how brave you are! I have heard of one chap who left his belts on for 6yrs / 60,000miles, better him than me.

The high maintenance costs are offset by the lack of depreciation, or, if you’re really lucky, some appreciation.


5) USA imports / European imports:
There are enough pristine UK cars without looking overseas and UK cars will re-sell better.


6) Would I still keep talking about the Can Am? Yes probably. I regretted not buying a Fiat Super-Mirafiori when I was 17, but I survived that and doubtless I would survive if I never had the Ultima…


The more I type, the nearer to Ferrari I edge. Thank you for the input.

crossram

291 posts

124 months

Monday 10th March 2014
quotequote all
Cerbieherts said:
Quite possibly. Ferrari's aren't British though.
LOL!

My Dodge hemi truck is faster than a 348 though

Edited by crossram on Monday 10th March 03:31

hedgefinder

3,418 posts

170 months

Monday 10th March 2014
quotequote all
crossram said:
LOL!

My Dodge hemi truck is faster than a 348 though

Edited by crossram on Monday 10th March 03:31
in a straight line yeah, but it will handle like a wounded whale in the corners...
LOL!

crossram

291 posts

124 months

Monday 10th March 2014
quotequote all
hedgefinder said:
in a straight line yeah, but it will handle like a wounded whale in the corners...
LOL!
With or without the lumber rack?

356Speedster

2,293 posts

231 months

Monday 10th March 2014
quotequote all
I'll try to keep this on topic ;-) If you want to talk Can Ams, feel free to drop me a line. I'm down in the Midlands, so a bit far away, but if you find yourself down this way, you're welcome to come and have a run in the car.

If you're serious about getting into Ultima ownership, talking to people is the best thing you can do biggrin

5paulmv

1,250 posts

171 months

Monday 10th March 2014
quotequote all
Hi there you can happily come for a look n chat at mine its going back on the road in April Im in the heart off North Yorkshire I bought one that was built by some one else I would recommend a can am It splits my face with a smile every time I go out ( mine is a old school small block chevvy ) this was the route I wanted to go . Enjoy

DKHudson

Original Poster:

13 posts

179 months

Monday 10th March 2014
quotequote all
356speedster, 5paulmv,

Thank you so much for the offer of help. Can I PM you and discuss the CAN AM further?

David

356Speedster

2,293 posts

231 months

Tuesday 11th March 2014
quotequote all
DKHudson said:
356speedster, 5paulmv,

Thank you so much for the offer of help. Can I PM you and discuss the CAN AM further?

David
Of course!

Justaredbadge

37,068 posts

188 months

Tuesday 11th March 2014
quotequote all
crossram said:
All British cars have rust
Plenty of Elises, Elites, gilberns, scimitars, robins etc that will prove you wrong. That's without even looking to blackpool...

deadscoob

2,263 posts

260 months

Wednesday 12th March 2014
quotequote all
I think he was referring to US vs UK Ferraris?

But using your example, there are plenty more scimitars and reliants that are rusty too....

hedgefinder

3,418 posts

170 months

Wednesday 12th March 2014
quotequote all
funnily enough I just saw a reliant robin yesterday, well a pile of burnt fibreglass with 3 wheels and an engine lying on the ground in the correct formation - it wonderful to see something restored to better than new condition like that.