328 GTS/GTB

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Discussion

philwild

17 posts

17 months

Sunday 27th November 2022
quotequote all
Did anyone watch the auction for this car yesterday?
https://www.pistonheads.com/buy/listing/14150785 through Historics Auctions
It looks like it didn't reach reserve as it was passed in.
Anyone know what the bidding got to?

rat rod

4,997 posts

65 months

Sunday 27th November 2022
quotequote all
philwild said:
Did anyone watch the auction for this car yesterday?
https://www.pistonheads.com/buy/listing/14150785 through Historics Auctions
It looks like it didn't reach reserve as it was passed in.
Anyone know what the bidding got to?
£90K

philwild

17 posts

17 months

Monday 28th November 2022
quotequote all
rat rod said:
£90K
Thanks!

4rephill

5,040 posts

178 months

Monday 5th December 2022
quotequote all
rat rod said:
philwild said:
Did anyone watch the auction for this car yesterday?
https://www.pistonheads.com/buy/listing/14150785 through Historics Auctions
It looks like it didn't reach reserve as it was passed in.
Anyone know what the bidding got to?
£90K
Advertised again: https://www.carandclassic.com/car/C1529024

"£149,995 Offers invited"


philwild

17 posts

17 months

Monday 5th December 2022
quotequote all
Tell him he's dreaming...
The Castle...

philwild

17 posts

17 months

Monday 5th December 2022
quotequote all
philwild said:
Tell him he's dreaming...
The Castle...
Replying to my own post regarding the posting of the above Ferrari for 150K. That vehicle has done amazingly low mileage but had what I would consider a show-pony price.

Given I'm looking at what's available, and keen to buy something as soon as I can get to the UK (for a fair price that's within my budget). What would be considered reasonable mileage?

I'm looking at buying something that's fun to drive on the expectation that I might do 100 to 200 miles a month (if I'm lucky). Would an extremely low mileage 328 be more of a risk than one that's done 30,000 miles averaged over it's life, or one that's spent the last 5 years as a garage showpiece that has barely been driven (not that I would consider spending 150k).

There was an auction last week of a very nicely kept GTS that spent about 10 years of it's life in a museum. It went for 69,500 and had done 47,000 miles. The seller had changed the wheels and exhaust. As much as I kinda like the look I'd have returned it to stock (owner had kept original parts) if I'd had the opportunity to buy it (2.5K to also buy original parts) (https://www.carandclassic.com/auctions/1987-ferrari-328-gts-n0xK5n).

So... At what point would you say "that's too many miles?"

Fiammetta

404 posts

88 months

Monday 5th December 2022
quotequote all
philwild said:
Replying to my own post regarding the posting of the above Ferrari for 150K. That vehicle has done amazingly low mileage but had what I would consider a show-pony price.

Given I'm looking at what's available, and keen to buy something as soon as I can get to the UK (for a fair price that's within my budget). What would be considered reasonable mileage?

I'm looking at buying something that's fun to drive on the expectation that I might do 100 to 200 miles a month (if I'm lucky). Would an extremely low mileage 328 be more of a risk than one that's done 30,000 miles averaged over it's life, or one that's spent the last 5 years as a garage showpiece that has barely been driven (not that I would consider spending 150k).

There was an auction last week of a very nicely kept GTS that spent about 10 years of it's life in a museum. It went for 69,500 and had done 47,000 miles. The seller had changed the wheels and exhaust. As much as I kinda like the look I'd have returned it to stock (owner had kept original parts) if I'd had the opportunity to buy it (2.5K to also buy original parts) (https://www.carandclassic.com/auctions/1987-ferrari-328-gts-n0xK5n).

So... At what point would you say "that's too many miles?"
It’s like a perpetual train circulating on the underground.” At which station do you jump on and then jump off .”
The F cars are like that .You are just while it’s in your ownership sittings on a maintenance train that goes round and round until you decide to jump off ( sell it ) then your seat is quickly occupied by the next passenger ( new to him owner ) .
Buy on history / condition .

i have never had any major issues buying high millers and adding 20-30 K miles myself .
Every one FWIW has made money and when netted off the running / maintenance made basically free motoring .
Testarossa 10 yr ( 3 engine out cam belts )
360 F1 7 years FFSH
Current 208 GT4 from 1977 ……low maintenance costs +++ a steep value climb currently on 95 K ms .

If you are worried about miles don’t buy one that’s too low and neglected .Those hide differed maintenance.

Petrus1983

8,704 posts

162 months

Sunday 25th December 2022
quotequote all
philwild said:
Replying to my own post regarding the posting of the above Ferrari for 150K. That vehicle has done amazingly low mileage but had what I would consider a show-pony price.

Given I'm looking at what's available, and keen to buy something as soon as I can get to the UK (for a fair price that's within my budget). What would be considered reasonable mileage?

I'm looking at buying something that's fun to drive on the expectation that I might do 100 to 200 miles a month (if I'm lucky). Would an extremely low mileage 328 be more of a risk than one that's done 30,000 miles averaged over it's life, or one that's spent the last 5 years as a garage showpiece that has barely been driven (not that I would consider spending 150k).

There was an auction last week of a very nicely kept GTS that spent about 10 years of it's life in a museum. It went for 69,500 and had done 47,000 miles. The seller had changed the wheels and exhaust. As much as I kinda like the look I'd have returned it to stock (owner had kept original parts) if I'd had the opportunity to buy it (2.5K to also buy original parts) (https://www.carandclassic.com/auctions/1987-ferrari-328-gts-n0xK5n).

So... At what point would you say "that's too many miles?"
Just seen this thread.

Ours had circa 33,000 miles when we sold it which really were very hassle free. Normal niggles occurred but weren’t mileage related. I’ve just looked at its last MOT and it’s now at 37,000 miles (sadly). With the 328 if you intend to use it I wouldn’t worry too much about actual mileage and focus more on service history. Hope you find one - they really are great cars.

classicaholic

1,718 posts

70 months

Monday 26th December 2022
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With the milage you need the speedo to work constantly which seems rare! This is not due to anything more dodgy than Italian electronics and unobtaniom parts!

philwild

17 posts

17 months

Thursday 29th December 2022
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classicaholic said:
With the milage you need the speedo to work constantly which seems rare! This is not due to anything more dodgy than Italian electronics and unobtaniom parts!
Is this a very common fault? How obvious is it to identify (as a buyer)?

rat rod

4,997 posts

65 months

Thursday 29th December 2022
quotequote all
philwild said:
classicaholic said:
With the milage you need the speedo to work constantly which seems rare! This is not due to anything more dodgy than Italian electronics and unobtaniom parts!
Is this a very common fault? How obvious is it to identify (as a buyer)?
Can't speak for 328's but i've owned a few 308's that have had at least one speedo change,one having as much as three changes ,

At the time most were between two to five years old so still under the wing of main dealers network and were documented in the service book

when changed alone with the mileage but once out of this network and like any car went through a period of being neither modern or classic

so dropping in value and getting into the wrong hands where workshops maybe not so diligent about recording speedo changes.

Even if the change is recorded nobody can 100% say whether the car travelled five,five hundred or in a excess of a thousand miles

while not working , Possibly the Italians got there act together by the time the 328 came out and the speedo's were changed less .

classicaholic

1,718 posts

70 months

Friday 30th December 2022
quotequote all
rat rod said:
Can't speak for 328's but i've owned a few 308's that have had at least one speedo change,one having as much as three changes ,

At the time most were between two to five years old so still under the wing of main dealers network and were documented in the service book

when changed alone with the mileage but once out of this network and like any car went through a period of being neither modern or classic

so dropping in value and getting into the wrong hands where workshops maybe not so diligent about recording speedo changes.

Even if the change is recorded nobody can 100% say whether the car travelled five,five hundred or in a excess of a thousand miles

while not working , Possibly the Italians got there act together by the time the 328 came out and the speedo's were changed less .
I don’t think it’s the speedo but the electronic sensor, it’s not a gear driven speedo, that would far too simple for Ferrari!

rat rod

4,997 posts

65 months

Friday 30th December 2022
quotequote all
classicaholic said:
rat rod said:
Can't speak for 328's but i've owned a few 308's that have had at least one speedo change,one having as much as three changes ,

At the time most were between two to five years old so still under the wing of main dealers network and were documented in the service book

when changed alone with the mileage but once out of this network and like any car went through a period of being neither modern or classic

so dropping in value and getting into the wrong hands where workshops maybe not so diligent about recording speedo changes.

Even if the change is recorded nobody can 100% say whether the car travelled five,five hundred or in a excess of a thousand miles

while not working , Possibly the Italians got there act together by the time the 328 came out and the speedo's were changed less .
I don’t think it’s the speedo but the electronic sensor, it’s not a gear driven speedo, that would far too simple for Ferrari!
You could be right ,all i know is they went back to zero and had to start again.

From memory i think a couple of them had the original broken speedo's as well as well documented in the service books

but it was a while ago. nerdscratchchin.

Fiammetta

404 posts

88 months

Friday 30th December 2022
quotequote all
philwild said:
classicaholic said:
With the milage you need the speedo to work constantly which seems rare! This is not due to anything more dodgy than Italian electronics and unobtaniom parts!
Is this a very common fault? How obvious is it to identify (as a buyer)?
It’s very common but a taboo subject in the trade .
The sensors there are at least 3 versions for the 308 are gear driven electronic units mounted bottom RHS of the sump area .You can see it sticking up from ins8de the wheel well .The oil temp and level play a part .When warm or not overfilled they work .
If there’s a typical cam oil seal leak that oil seeps into the circuit board and the thing goes intermittent.Superperformance do them circa £180 a simple bolt on plug and play .
They are dead easy to unplug a well .

What does all this mean ?
Buy on condition and history particularly reg oil changes ( and other fluids ) .
At 100 K if it’s been connected they go round the clock .So be very suspicious of a 40+ yr old car with say 18 K miles and partial ( only recent history) .The low miles premium I mean .

The engines are bullet proof if properly maintained.This includes the cooling system .

Ideally buy one that’s been recently imported from a warm country .The U.K. stock carry huge risk with rot issues .Unless it’s already had a restoration rotisserie jobbie .

If you are anxious about milage or potential big bills stay away from a U.K. low miler .

The speedo sensors are so unreliable they self clock themselves.So don’t pay more for one thats got a low number on its odometer.

Edited by Fiammetta on Saturday 31st December 00:03

rat rod

4,997 posts

65 months

Saturday 31st December 2022
quotequote all
Fiammetta said:
It’s very common but a taboo subject in the trade .
The sensors there are at least 3 versions for the 308 are gear driven electronic units mounted bottom RHS of the sump area .You can see it sticking up from ins8de the wheel well .The oil temp and level play a part .When warm or not overfilled they work .
If there’s a typical cam oil seal leak that oil seeps into the circuit board and the thing goes intermittent.Superperformance do them circa £180 a simple bolt on plug and play .
They are dead easy to unplug a well .

What does all this mean ?
Buy on condition and history particularly reg oil changes ( and other fluids ) .
At 100 K if it’s been connected they go round the clock .So be very suspicious of a 40+ yr old car with say 18 K miles and partial ( only recent history) .The low miles premium I mean .

The engines are bullet proof if properly maintained.This includes the cooling system .

Ideally buy one that’s been recently imported from a warm country .The U.K. stock carry huge risk with rot issues .Unless it’s already had a restoration rotisserie jobbie .

If you are anxious about milage or potential big bills stay away from a U.K. low miler .

The speedo sensors are so unreliable they self clock themselves.So don’t pay more for one thats got a low number on its odometer.

Edited by Fiammetta on Saturday 31st December 00:03
A little confused over a senser change on a speedo reading,if only the senser is changed would this effect the speedo reading ,eg take it back to zero

or leave it showing whatever the current mileage was ,it's only the one's i owned that were changed definitely went back to zero .

My GTB is still on it's original speedo and showing 55K but needs a 100K adding to it before it went round for the second time.

LotusOmega375D

7,613 posts

153 months

Saturday 31st December 2022
quotequote all
Surely a comprehensive service and/or MOT history will confirm or otherwise the displayed mileage? My 1991 Mondial T cabriolet has a file going back to Day 1, where you can see the mileage evolve over the following 30 odd years. I really can’t imagine someone bothering to disconnect and reconnect the odometer between every service and MOT just to “save” a few miles on cars like this that cover so little annual mileage anyway.

rat rod

4,997 posts

65 months

Saturday 31st December 2022
quotequote all
LotusOmega375D said:
Surely a comprehensive service and/or MOT history will confirm or otherwise the displayed mileage? My 1991 Mondial T cabriolet has a file going back to Day 1, where you can see the mileage evolve over the following 30 odd years. I really can’t imagine someone bothering to disconnect and reconnect the odometer between every service and MOT just to “save” a few miles on cars like this that cover so little annual mileage anyway.
A full day one service history plus previous mot's will give a mileage reading credibilty but only if the speedo has not stopped working at some stage .

Even if a new speedo is documented in the service history no one can say 100% what mileage was covered in that time and have to rely on the owners

honesty of what he/she estimates what has been covered, A lot easier if the speedo was replaced the next day of it failing but harder to believe and

estimate if replaced a few years later even though we all know most Ferrari's are used sparingly,

philwild

17 posts

17 months

Wednesday 4th January 2023
quotequote all
Fiammetta said:
philwild said:
classicaholic said:
Ideally buy one that’s been recently imported from a warm country .The U.K. stock carry huge risk with rot issues .Unless it’s already had a restoration rotisserie jobbie .

If you are anxious about milage or potential big bills stay away from a U.K. low miler .

Edited by Fiammetta on Saturday 31st December 00:03
There's not a lot of choice if you're chasing a RHD 328 though...

Jex

838 posts

128 months

Wednesday 4th January 2023
quotequote all
February’s Classic Car Magazine has an article comparing the 328 GTS to a Lotus Esprit Turbo and a Lamborghini Jalpa. Naturally the 328 comes out best! In the article it says it doesn’t have ABS, but it has the convex wheels of an ABS car.

Roony

378 posts

229 months

Wednesday 4th January 2023
quotequote all
I thought they made a few cars with the convex wheels minus the ABS in 88....

Jex said:
February’s Classic Car Magazine has an article comparing the 328 GTS to a Lotus Esprit Turbo and a Lamborghini Jalpa. Naturally the 328 comes out best! In the article it says it doesn’t have ABS, but it has the convex wheels of an ABS car.