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Ferrari: Help - thinking of buying a 328

  1. #1
    Guest

    Help - thinking of buying a 328

    Many of you can probably remember this feeling, I am thinking about
    purchasing my first Ferrari and I am very nervous.

    The car would be driven very little throughout the year - as to be expected.

    I have been searching the net for guidance but perhaps some previous owners
    can help here.

    I have a decent income but I am not at all wealthy and would have to stretch
    my budget to finance a percent of this car. I am looking at a 1998 328 and I
    am looking for some guidance here.

    The car is in superb condition and has 9,500 miles on it. Asking price of
    $59,000. 5 speed manual. It has already had its 15,000 mile tune up. What
    else to I need to know ?

    According to the sales guy this car is steel body instead of aluminum (does
    that make sense to you guys ?)
    What are the advantages/disadvantages ?

    HP rating of 270 I believe - seems kinda low. How does it perform ? How does
    it handle onramps - skiddsh ?

    No power steering or breaks - how do you guys like that ? Every car I have
    owned has had PS/PB. Of course they won't let me test drive this car yet.

    Is the car somewhat dependable or will I have constant tune-ups and
    maintenance ?

    I also live in the north with 5 months of snow. Although my garage doesnt
    freeze, it isnt heated either.

    The auto insurance I checked on - not a problem.

    Would a Testarossa be a better choice ?

    I could also choose a Corvette/Viper/Lotus

    Help please, Is this purchase worth it or problematic ?

    Sorry for all the questions, just looking for a friendly previous owner.

    Thanks

    -Jeff



  2. #2
    F2005...
    Guest

    Re: Help - thinking of buying a 328

    On Mon, 6 Jun 2005 19:57:50 -0400, <Nikola Tesla> wrote: 

    No, you're not.
     

    GTB or GTS? Sounds high, by about 9K. Check out
    www.ferrarimarketletter.com.
     

    Tons... Original Ferrari V-8, Keith Bleumel.
     

    Yes.
     

    It's a body on frame design: None/weight.
     

    A 328 should have power brakes, iirc.
     

    Shop somewhere else.
     

    The most reliable and usable of the 3X8's by all accounts.
     

    No. Not by any reasoned measure.
     

    You certainly could.
     

    I vote "Problematic": The dealer won't let you drive it and the low
    miles means it hasn't been used and probably not properly maintained.


  3. #3
    Iain
    Guest

    Re: Help - thinking of buying a 328


    <Nikola Tesla> wrote in message news:com... 

    Fine but its important to run it regularly to keep all the seals in tact.
    That means running the engine up to get some oil temperature & running all
    the fans & switches etc to keep everything moving. If you leave an old
    Ferrari electric window in the same place for 6 months don't be surprised if
    it doesn't feel like working afterwards! Don't suggest you drive it in the
    snow & salt is your enemy.
     

    The mileage is low - low mileage cars command high prices but often cause
    far more problems than cars that have been used a bit. Your ideal 328 these
    days would have 25-30K on it & have records showing regular steady annual
    mileage. From what I know of US prices I'd say that is expensive.
     

    Its steel
     

    It rusts
     

    0-60 in less than 6 secs, top end of about 163. Its a quick car but it
    probably wouldn't live with a Subaru WRX - but then that really isn't the
    point of it. Its not a big car & it drives like a go-cart. The steering on a
    good car is fantastic & very direct- some of them are getting a bit soggy .
     

    No power steering makes it a bit heavy to park in tight spots (but the tyres
    arn't that fat - 205s on the front). Solution? Avoid parking in tight spots

    The brakes are servo assisted & pretty good for road use. Upgrades are
    possible if you wanted to track the car.
     

    Highly reliable & pretty bomb proof BUT its a 16 year old car that hasn't
    been used much. You may have issues with decaying hoses etc that need to be
    replaced & maybe some issues with rubber trim & seals if they havn't been
    looked after. For low mileage and annual service should suffice. Service
    prices in the US do seem a tad steep though. US car cambelt interval is 5
    yrs (Europe is 2 years). Unlike 348/355/Testa its NOT an engine out job -
    which makes it much less expensive to do.
     

    Not necessarily a problem. A dehumidifier is your friend if you live in a
    remotely damp climate. Better not to freeze it though!
     

    Insurance is cheap & a nice bonus
     

    Much MUCH more expensive to maintain. The 328 is probably the least
    expensive modern Ferrari to run & maintain. Its not that different to a
    308/308GT4 & Mondial but, because it came along after, there are probably
    fewer "bugs" in it. Things like oil changes & brakes are definitly DIY -
    even for a half competent home mechanic.
     

    You could. You either "get" having a Ferrari or you don't. For many F owners
    the choice of a corvette,Viper, Lotus or a Ferrari isn't a choice. Besides
    that I suspect you are talking C5 etc which means you are comparing modern
    cars with a 16 year old car. Chalk & cheese.
     

    If you buy a good car and then budget to spend some on it to get it straight
    initially & then look after it right its definitly worth it - if you like
    that sort of thing.
     

    No problem - its what this place is for. Suggest you also check Google & go
    & read www.ferrarichat.com as well. I've had my 328 for 6 years & its not
    for sale :-)
     

    welcome

    I.



  4. #4
    matt
    Guest

    Re: Help - thinking of buying a 328


    <Nikola Tesla> wrote in message news:com... 
    expected. 
    owners 
    stretch 



    It needs a thorough pre-purchase inspection, by someone
    that is not the seller and is familiar with these cars. Save some
    cash for the hidden bits that haven't been put right yet.

     
    does 


    0-60mph in about 6 seconds, the tires are small by modern standards
    so I suspect it might feel skiddish at the limit compared to more modern
    iron. It'll feel like a twenty year old exotic car. Hot for '88,
    interesting,
    fun, and different for '05.

     


    Aside from tight parking lots manual steering feels great to me.

     


    Properly maintained it should be very reliable, but maintenance
    is expensive by domestic standards, though somewhat cheap
    by exotic standards (355, Testarossa, Lambo, etc. cost more)

     


    Shouldn't be a big deal if proper precautions are taken.

     


    Totally different car and much more expensive to service. If $59k
    is tight you're not in Testarossa money.

     


    You could, but then you'd

    a)pass cars just like yours every day (Vette)

    b)drive a torque monster down the road sideways but still
    not have a Ferrari (Viper) plus it sounds like a vacuum cleaner

    c)have a fun exotic with disappointing GM trim bits (Esprit)
    or a killer track car with a Toyota engine (Elise)

     


    Only you can answer that one for yourself. Do you want it bad enough?

     


    Not an owner yet, but still planning on it...



    -Matt- "..."



  5. #5
    Nino
    Guest

    Re: Help - thinking of buying a 328

    Iain Miller wrote:
     

    I had a dream once that I was one of those ... then I woke up, put the
    oil plug somewhere my friend would find it and went inside to throw away
    my clothes.

    M


    --
    "Leave the gun. Take the cannoli."

    Pete Clemenza


  6. #6
    Tifosi
    Guest

    Re: Help - thinking of buying a 328

    Nikola Tesla wrote: 

    Don't be nervous. If you want one, get one!
     

    If you're going to have to reach a little, don't do it. Either that or
    take on a nice QV and take the strain off. Remember, this isn't your
    daily driver, and you're likely not going to use it enough to appreciate
    the differences. I was in the same place a decade ago when I bought my
    first one. I was shopping 328s and ended up with a 308GTS. As much as
    I use the thing I'm happy to have the car and the extra $25k I would
    have spent on the 328.
     
    Little high. Plenty on offer for less that that that have been driven.
    I'd be more concerned about a car that's not been used than a 30k
    mile example that's been out and about and has been properly maintained.
     
    The sales guy doesn't know the car. If you found a factory aluminum car
    you'd really have something!
     

    Believe me, if you've never driven one before, don't buy this one. I
    drove about 20 cars before I bought mine.
     

    Doesn't even phase me. It's nice to DRIVE the car and not have the car
    DRIVE YOU!
     

    Which will be part of the particular charm of owning it. It's different!

    Of course they won't let me test drive this car yet. 
    Why not? If they're not letting you drive it, don't buy from them.
    Walk in, look the sales boy in the eye, say, I'm interested, I want to
    TD this car. If they give you the Heisman, tell them they lost a
    possible sale and move on. 328s are plentiful. It's not like you're
    buying a one off car worth millions. You can roll up to just about any
    Merc/BMW/etc dealer and TD a car worth far more than a 328 with nothing
    more than a valid DL. If you're not drivin', they're not sellin'. I'm
    guessing this isn't a dealer that usually sells Ferraris?
     
    Plan on spending a couple of grand on getting it set up right and then
    just enjoy it.
     
    Move!
     
    I'm sure, if you only can drive 7 months out of the year I'm not surprised!
     
    Run away!! Too much car, too much deferred maintenance, declining
    values. The early TRs are the 412s of the 21st Century!
     

    You could also buy a Toyota...
     

    Are you prepared to splash out for something you'll use once a week at
    best? Are you prepared to live with a car devoid of basic creature
    comforts? Are you prepared to own a car you're not likely to take/enjoy
    long journeys with? Are you prepared to have fun? If all answers are
    yes, buy it. If you hesitate or answer no to any, don't.
     

    Hopefully you've found a few here!

    T308

    --
    LIVERPOOL FC - European Champions 1977, 1978, 1981, 1984, 2005

  7. #7
    J.C.
    Guest

    Re: Help - thinking of buying a 328

    <Nikola Tesla> wrote:
     

    No need to be. You're about to experiment something great! I'ver owned a
    328 GTS and I still miss it. 

    GTB our GTS? The latter is preferable, particularly if you drive it only
    in the spring/summer. 

    Don't know about the US prices, but it seems quite high. Here (France) a
    good 328 is about 40,000 euros ($49,000).

    The mileage is very low, 328s usually have around 30,000-40,000 miles.
     

    A 328 is steel made, except for the front and engine hoods. Look at them
    carefully, they tend to distort.

    The obvious disadvantage of steel is rust. Beware of salt!!! Places to
    look at: the sills below the doors, the window seals (particularly the
    small windows behind the doors), the windshield frame. 

    The power may not be outrageous compared to modern sports cars, and it's
    true you won't compete with a Sub or an M3 at traffic lights. But it's a
    Ferrari, which says all: it's all in the way it delivers the power and
    uses it.

    It's hard to define. Let's just say that, when you drive a Ferrari, you
    FEEL that it's been designed and built by people who know everything
    about performance.

    For instance, the power curve is very linear (as opposed to a Porsche -
    oops, did I mention the cursed name?). It's an engine you must rev (red
    line at 7,500 rpm), but it instantly answers to your right foot, and
    you'll become totally addicted to pushing it to the red line on each
    gear.

    As for handling, it behaves like a kart. A bit skiddish on the wet, but
    easily manageable.
     

    I loved it (except of course in town, where maneuvering is a pain in the
    ass)!

    And it DOES have power brakes (but no ABS, except on latter models).
    Brakes might be the only real weak point in this car. The front is very
    light, and front wheels tend to quickly block in emergency situations.
     

    Find another dealer. NEVER buy a car without test driving it,
    particularly a 15-year sports car.
     

    Ferrari maintenance is expensive, but the 328 is one of the "cheapest".
    I never had any major problem with mine.
     

    Definitely not. More expensive to buy and maintain, and less convenient
    in everyday use. 

    But it wouldn't be a Ferrari. This car will ensure you unlimited
    pleasure.

    --
    J.C.

  8. #8
    Guest

    Re: Help - thinking of buying a 328

    The 328 I was looking it is overpriced. Better deals can be found - with a
    few more miles. Great comments about the low milage. I didn't think about
    the fact that a car *needs* to be driven enough to keep rubber/fluids/pumps
    working properly.

    I find your comment about the 328 being the best of the 3X8 cars interesting
    because now I am finding a few 348s newer & cheaper with about 20K miles.

    Do you have an opion on the 348 ?

    Thanks to everyone else for the feedback.

    I do drive a Vette C5 now, but instead of buying a newer Vette, I am
    thinking about the used Ferraris. They have been my favorite car for as long
    as I can remember and I'm sure everyone here can understand that. I am ready
    to trade in newer faster technology for the exotic car of my dreams.

    So, I guess my choices are 328,348, 355 (wait a few more years)

    Thanks to all.




    "F2005..." <com> wrote in message
    news:com... 



  9. #9
    matt
    Guest

    Re: Help - thinking of buying a 328


    <Nikola Tesla> wrote in message news:com... 


    It's a good bit more expensive to service than a 308 or 328
    due to the engine being mounted north-south instead of east-
    west.

    It's also more modern, faster, and the handling is more, umm,
    well it's allegedly difficult at the limit but it may have more ultimate
    grip than a 328.


    Pay less now, pay much more at service time.


    You might still be in 328 territory but drive a few cars, get
    quotes on servicing, and see what you think.



    -Matt- "..."



  10. #10
    Iain
    Guest

    Re: Help - thinking of buying a 328


    "matt borland" <rr.com> wrote in message
    news:4Ztpe.18004$ohiordc.rr.com... 

    What he said .

    348 handling issues are there but only at speeds you shouldn't be doing on a
    public road. On the track may people seem to have had good luck with fitting
    spacers & widening the track a bit. I''ve never driven one so you should
    talk to people who have (www.ferrarichat.com). There is a dedicated band of
    very content 348 owners who wouldn't trade their cars.

    There are a few other gremlins i.e. the climate control panel that dies,
    costs over £400 and basically can't be replaced anymore because there are no
    new ones. That said there are people who have managed to fix these.

    The 348 engine is a peach - just expensive to service. The gearbox is also
    good but they changed the linkage to cables (from rods in the 328). These
    cables can bind when the car is worked very hard alledgedly making the
    gearshift very stiff. The 355 engine is clearly more highly stressed and
    does suffer from some unfortunate issues - i.e. a propensity to blow exhaust
    headers & chew up valves & guides. That said there are some cars/engines
    that just seem to be fine with both of these and have no issues.

    More worryingly there has been a spate of 355s bursting into flames (a UK
    chap on F'chat lost his 355 to this a couple of months ago). Something to do
    with the fuel lines. A few others report close calls & finding various
    leakes in the fuel system. These can all be rectified/modified & made safe
    so something to be aware of but not worry about - i.e. if you bought a 355
    you'd want to get it checked out very quickly.

    Look here also for relative servicing costs:
    http://www.hamletcg.co.uk/qv/offers.htm - Dealer prices would be a good bit
    higher than these. These are also UK prices - servicing costs in the US seem
    to be higher still.

    I.









 
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