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Thread: 328 GTS , thoughts and advice.......oh, and hello :-)

  1. #1
    Join Date
    Nov 2012
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    Andy
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    Default 328 GTS , thoughts and advice.......oh, and hello :-)

    Hi All,
    Okey Dokey, all being well, I should be going to look at another 328 GTS later this week that may well be what Iím after.First though, a little intro to myself, as Iíve been a lurker on here for a while.

    Over the years, Iíve been no stranger to vehicles, starting out my career as an automotive design engineer and having a string of classics over the years for racing or restoration, we currently have a couple of yanks (Camaro and Trans Am) and ĎOrinocoí, our 1979 VW camper which Iím currently doing a full concours resto on.However, through all the other fun Iíve had, Iíve always wanted either a 308 or 328 since Tom Selleck first blasted his way through my teenage eyes in what I consider to be the worldís greatest automotive sculpture on wheels !

    Now that Iím, ahem, no longer a teenager (and 40 is a fairly distant memory !) the time has come to put this into reality. There have been times before when Iíve been close, but my family, or business, or houses always took over from a sensibility point of view. Now though, weíre at a point now where University for the nipper means weíll have an empty house and more time to play and a few quid in the bank, so with domestic authorities in full co-operation, I began trying to find one over the last few months. Unfortunately, so had the rest of humanity, so after a quarter of a century of lusting after one, my timing is, shall we say, unfortunate, from a financial point of view as they all seem to be escalating in price faster than I can phone up ! :-) To cut a long story short, thereís been a few near misses and a fewÖĒyouíre the very next in line to view itÖoh sorry, heís bought it !Ē stories but Iím now the first in line to view a late model 328 GTS in the exact colour and spec I was after at what I think is a pretty reasonable price considering current conditions (The price still starts with a 4 !! albeit barely ! :-) )

    Itís got FSH, loads of paperwork, documents, last owner had it for a long time, it will have full service, belts, etc. Itís currently undergoing paint correction on the rear bumper with a well renowned body specialist and has had a full once over by the dealer, who is a long established and well thought of, smaller classic car dealer. Iíve done my homework on them and get nothing but positives from that point of view.The story on the car is all good with 50-odd thousand miles on the clock, so itís not been stood for long periods but hasnít been to the moon and back. There is a line as long as your arm after me if I decide not to take it, so thereís no pressure there, but I really think this could be a last gasp chance to get a solid, honest one at a semi-reasonable price before they sail off over the horizon and out of my budget, so unless thereís anything ridiculous up with it, hopefully thisíll be the one.

    I just wanted to post up on here and get any advice and your thoughts as thisíll be my first Ferrari so wanted to get as much input into the decision as possible. Inspection wise, Iím pretty comfortable doing an inspection of it as when it comes to things breaking and panels and structure being rebuilt..well, I own F-body Chevyís and 70ís VWís and used to be a mk2 Escort manÖ. So there isnít much about structural repair and rust that I havenít tackled or know about !!! :-) Running gear wise, Iím also pretty comfortable with and can find my way around an engine so should be able to spot anything obvious. Iíve also digested all the advice on here and the buying guides fromTim at Walkersport (who was also most helpful when I talked to him about the 308 they had recently but I just missed out on) and just about every other guide I can find on the net. Also, if I find anything Iím not comfortable with then Iím prepared to lock in a PPI if necessary as part of the condition of the sale.

    So I think Iíve got a good handle on where I need to be digging about, but any other advice or little idiosyncrasies that I should be looking for would be more than welcome along with your thoughts.

    Anyway, thanks for reading and looking forward to any help, also hopefully looking forward to being an owner and enjoying the fun and events that ownership of a classic marque usually brings.

    Cheers, Andy

  2. #2
    jos's Avatar
    jos is online now Post whore with no life, no friends, and a problem fitting into normal social circles Club Member
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    Thumbs up Go for it

    If you've read the buyers guides and spoken with Tim there's only one thing left to do

  3. #3
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    Matt
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    Default

    Hi Andy,
    I dont know much about 328's (no doubt other's will be along soon) but it sounds to me like you are going about it the right way!
    I definately hope it works out for you, I drove mine (348) yesterday for the first time in a couple of weeks, and it still brings as big a smile as the day I collected it.

    Good luck!

  4. #4
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    Graham
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    Hi Andy. I bought mind last May and it's one if the best things I've ever done. Like you, I almost bought one several times and in the end I took a deep breath and did the deal. I've spent a few quid getting the car to the best possible condition. Happy to answer any first time owner questions if you have any.
    The car you are describing sounds like a decent one and if it's sub £50k I'd go and do the deal if I were you.
    Good luck.

  5. #5
    markst's Avatar
    markst is offline You thought the Enzo was ugly? - The Ferrari FXX Super Moderator
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    my first Ferrari was a 328....lovely car , and the best introduction to ownership....

  6. #6
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    Trev
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    Default

    I had a 328 for a few years and loved it.

    I had no major issues with my car, the front exhaust manifold came loose at one point, developing a ticking noise, but it just needed nipping up with a spanner.

    I did have an issue with an AC drive belt, which was misdiagnosed by an independent as a sticking valve and could have cost a fortune, but someone on here gave me good advice and I avoided a hefty and unnecessary bill.

    Beyond that, annual servicing and a good independent (I used Shiltech) and everything was good. I used the car a lot, in various weather conditions, yes the roof leaked a little but nothing too much its plenty fast enough for an old girl and can frighten some more modern stuff once you get used to an initial understeary feeling before the front end bites.

    I sold my car to Tim Walker, much is spoken of his knowledge and how helpful he is as a seller, I would add that he's fair and decent as a buyer and, given I have first hand experience, I can tell you he doesn't make a killing but a fair margin on the cars he sells, in fact I thought the margin was rather too small given that my car had some work done to it pre sale.

    I think I was lucky when I bought my car, I didn't have an PPI or indeed take anyone along who knew about Ferrari's, given my time again I would do so or buy from someone who has a good reputation. Lastly, buy the best one you can afford. Miles don't matter so much as being used properly in my opinion.

    Good hunting and enjoy the car you get.

  7. #7
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    Apr 2012
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    delbert
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    Default

    My advice would be to have PPI whoever you buy from. Well worth the £300-400 it will cost you. I had one done despite buying my 355 from a main
    dealer 2 years ago - didn't pick much up but great for peace of mind. I also had a PPI done on my old 308 which I purchased a few years ago from an indie
    with a great reputation; that PPI picked up about £1500 of work which needed doing which the indie did prior to my purchase. Sadly I sold that 308 a few
    years back - worst decision I have made in a number of years!

  8. #8
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    Chippenham
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    Richard Nichol
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    Default Just Do It

    Hi, I bought my car just over two years ago now - and have no regrets. I've listed here a few things I have learnt since which might aid you with your decision:

    First make sure it has the full toolkit and jack kit - if these things are important to you. They are very expensive to buy, which means they often get taken and sold separately.

    Check the roof and it's fittings. Again they are very expensive to fix or replace if they are tatty or do not work.

    Check the glass - the driving lights particularly. I've seen second hand ones for about £1000 and even then they didn't hang around.

    Like all older cars there are some items on them that are unobtainium so if something is broken make sure you know the cost of the replacement.

    On the positive side all the people I have spoken to in the trade - Main Dealers and Indies vouch for how strong the cars are when looked after. They are also reasonable cheap to run - example - four new tyres cost me about £370, and the cambelt change is easy by comparison with other models. Bodywork needs constant fetlting but I have put aside around £2500 a year and the pot is still healthy.

    I use Migliore Cars in Bromsgrove, and cannot talk too highly of their enthusiasm and assistance. They understand I love the car, but am not a millionaire.

  9. #9
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    May 2013
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    Milton Keynes
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    festerarl
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    Andy
    As others have said - you seem to know a fair bit and certainly more than I did when I bought my 328GTB last year.
    I bought privately - it was the only one for sale at that time (May 2013) - although Nick Cartwright had a couple that had just been sold.
    After checking it myself and seeing a few bits that needed doing, I brought an indy specialist to see it and he found a few other things but nothing too major. (You probably know but in my experience most things on a Ferrari start at £1k ad go up unfortunately).
    Mine didn't have all the stamps and history, but the guy I bought it from was decent (had it 18 months) and the guy before him had it 10 years. That gave me some confidence. Mine's had 6 owners in total but 3 in one year when it was about 4 years old.
    I spent a tenner on researching the background - hpi check that included all the previous owners and registrations with dates. That was very useful.

    Just a point - I've heard a couple of issues when buying F cars. The seller doesn't include all the keys (only one) or the service history reciepts in the price and you have to pay extra for those (£500 !). That's very underhand, so make sure you know what's included.

    I've always wanted my car - from seeing the 308's in the 70's - and even though the cost wiped me out (and some) - I've no regrets. I get a smile from just sitting in it in the garage. And I don't think I'll lose money on it. (If I read between the lines it looks like if I did decide now to sell I'd actually make a few bob, but to be honest it would have to be really serious money to tempt me. I just love it.

    Good luck

  10. #10
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    festerarl
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    Quote Originally Posted by Midas View Post
    Bodywork needs constant fettling but I have put aside around £2500 a year and the pot is still healthy.
    If you get a good example then this should be plenty, but don't budget for less than £1k per year.

    Midas is right though - the general consensus is that f they are treated well and serviced at teh right time they are very robust.

    I preferred the GTB because of the looks (C pillar area is less hefty, and for me with the roof on, the lines of the GTS don't flow (for me)) but can easily understand why you're after the GTS.
    On fine days - great

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