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Where to buy a 308 or 328 in need of restoration?

4327 Views 5 Replies 4 Participants Last post by  '75 308 GT4 (Peter)
It seems that all of the 308s or 328s that I find for sale have low miles and are in pristine condition b/c they've been kept in garages and driven rarely. That's great, but it keeps the price high on these vehicles. Anyone know where I can get a 308 or 328 GTS in need of restoration? I'm looking for a project car. Also, what's the best source for inexpensive OEM parts? Thanks.

Tom
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You can find several damaged cars as a project car, if you like. I think I saw advertised a damaged 328 GTS for Euro 15000. Front end was pretty damaged however.


Niels
I think that there are a few sources for project cars, but it will really depend on where you live, as it is far easier to find a car that fits your needs in some parts of the world than others.

Sometimes Ferraris pop up at prestige car auctions in various conditions, so a reputable one may be a good starting point from what I know, but I think that project cars wouldn't often come up at dealerships. (I may, however, be wrong on that last point).

Nick
HRH_Nick said:
I think that there are a few sources for project cars, but it will really depend on where you live, as it is far easier to find a car that fits your needs in some parts of the world than others.
I'm in the US and would prefer a source here. However, I'm open to importing one if the price justifies it. Can you name any specific sources beyond the car auctions that you mentioned? Thanks.

Tom
Since you're in the US, you're probably in a fairly good position for finding Ferraris of any sort, shape and condition. In regard to importing one, you would probably spend enough on transport, duties, taxes and compliancing to be able to pay for a car in good condition sourced locally, so importing is not an economically great idea in my opinion.

You may wish to consider a relatively high-mileage example in reasonable condition. Your chances of finding a 308 matching that description is better than finding a 328, but the basic principle remains that the car may need some major mechanical work done on it soon, but it won't require total restoration. At http://cars.desertworld.com/ma75gt4.html is a 75,000 mile 308 at around $18,000 - 19,000.

As to more specific sources for project cars, I have done some research and come up with a couple of ideas as to where to look:

1. http://www.ferrarimarketletter.com/ is a newsletter claiming to have the most Ferrari classified ads in the world (or something like that). A lot of sources all in one place.
2.Visit small classic car dealers, the little places tend to get the cars the big places look upon unkindly.
3. Contact clubs. These people will be able to give you local knowledge on sourcing what you need, which is very important.

I, sadly, can't give you much more specific information as I am halfway around the world from you, but I hope that brief bit of information helps.

Nick
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You can find some 308's that have been neglected and kept in "barns" (or the modern equivalent: Mini-self-storage lockers...), but the cost of restoring one would far out-weigh the cost of a decent, well-serviced one. Take the 308 GT4 example posted by HRH-Nick...

You can cross 328's right off of that list. It is still a fairly new car and almost all have been very well looked-after. Values are dropping off and you can find one or two now going in the high $30K's... Still great cars and they're bullet-proof.
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