1972 Ferrari 365 GTC/4 for sale

Certainly not worth $200K.
Had one for 15 years. Engine rebuilt 3 times by same shop before they got it right. These are NOT easy cars to work on. Everything about them is complex and difficult to fix.

 

I really like this car. However, I don't think I can justify another Ferrari purchase at this moment, unfortunately.

 

After 50 miles a broken wrist pin. I remember reading a while ago that there are quite a few Chinese copies of parts around, pistons etc. Since those usually come with wrist pins, that could be the case here. That makes the whole rebuild suspect unfortunately, apart from the damage undoubtedly incurred to the engine.

Cool car and color combo.

 

Some people use them because the parts are available, cheap and it does not say "Made in China" on the box. And many people tend not to think about such risks.
I am not saying that is what happened here, just that I remembered reading about them. Newly rebuilt is always a risk as new parts are not immune from failures, far from it in fact, as any FMA engineer will be able to tell you about failure curves and the lot. The installer can forget or incorrectly install those damned wrist pin clips, or the piston manufacturer can have a bad design or batch such as JE had a decade ago: J&E Piston failure - Pelican Parts Technical BBS
Indeed the block may well be a total-loss, a broken wrist pin can easily lead to a cracked cylinder wall or cylinder base, distorted crank, cylinder head etc.

It is one reason I like used cars and engines - if an engine has already gone 100.000 miles, it's got a great chance of another 100.000.

 

If that car was for sale today for $90k I would wire money to the guy ASAP. That's a polite way of telling you that you are way off.

If the car needs a rebuilt engine $200k is right on par. And quite frankly the engine work concerns could possibly be overblown. Getting a nice color C/4 below $300k all-in is a pretty darn good deal.

 

You can buy a very well sorted C/4 for well under $300K. The days of $300K+ C/4's are gone. All you have to do is look at the numbers on recent real-money sales on vintage Ferrari's. I know 'cos I am trying to sell one.

 

And Monterey had 3 C4's up for auction w/ high bid of 275k on two cars and 200k on the other. None of the three sold.

 

Kumar's site listed as sold....as was/is the silver/red '81 512bb
FJ listed 99k '09

What is the current price ratio C/4 vs Daytona gtb/4 and what has it been historically?
Has it narrowed.....or widened? Thanks for the info,

Jack

 

Historically, C/4 is about 50% of a Daytona. Depending on where you think Daytonas are, that seems to be holding, more or less.

 

It is one reason I like used cars and engines - if an engine has already gone 100.000 miles, it's got a great chance of another 100.000.[/QUOTE]

C/4's are great car touring cars - mine has gone 101,675 miles and counting. A friend took a neat video of the odometer turning over to zero while we roared through the Catskills this summer. Car runs great and only let me down once when the drive shaft coupling broke - just plain wore out. I wonder how many Ferraris have gone past 100K miles anyway?