1974 365GT4 2+2 Convertible Conversion Chassis 17675 on Ebay

Good day All,

Just documenting these cars, as they come up...wow... They cut the car and replaced the 365 engine (with carbs) to an injected 400...

Not to sound nasty... but when they say "no stories"... are they kidding? Cutting the car and replacing the complete engine assembly is not a story?

Cheers,

Sam

Ferrari Other Convertible | eBay

1974 365GT4 2+2 Convertible Conversion
Color: Red Exterior with White Interior
Mileage: 27453 Miles (?)
Location: La Habra, CA USA
VIN:
Chassis: 17675
Auction (Reserve): $22655 (current bid - reserve not met)

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Good day DogDoc,

I missed your post and just started on with this car as the title...

As for your questions... The original Motor would have been a 365 engine with those wonderful carbs ... This engine was the precursor to the 400 engine which was first carbed then later injected and is what is installed in this car.

As to the modifications and their affect on the car's value... well...this will be seen by the market. To large number of people heavily modifying the car in this nature usually results in a car worth less than the same model in comparable condition. By how much will depend on a number of things (i.e. are the mods reversible and make economic sense... or maybe the mods will be attractive to a particular buyer, etc). In my case because I really want (and love) carbs I am not interested in the car and so the car's valuation to me is very low regardless of what was spent on the car.

Cheers,

Sam

 

If the OP is talking about a Queen Mary 365 GT 2+2 with a 400i engine, then it is a very different engine than what was originally installed.

The Queen Mary had a 4.4 liter engine like the 365GT4 2+2 but not the 4.8 liter engine of the 400i. However, it was a 2 camshaft Type 245 engine with Webers instead of a F101 AC 4 camshaft engine with Bosch K-Jetronic fuel injection in the 400i.

Most noticeable visible difference is in the camshaft covers and in the positioning of the oil and air filters. This is a page from Keith Bluemel's Original V12 book:
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Link:
Ferrari : Other convertible in Ferrari | eBay Motors

 

I love the conversion and the other mods (except the fisheye stick-on mirrors). But no way will this car meet reserve. With $58,000 in work, plus a purchase price of $20,000 or so, the seller has got to know it's major take-a-bath time. The bidding is extremely unlikely to exceed $30,000. Is that extra space in the garage really worth a $50,000 loss? Is the seller reconciled to accepting a loss of this size, and has he/she set the reserve accordingly? I doubt it. It will be interesting to find out.

 

Okay, so at least it is a 365GT4 2+2 convertible conversion and not a Queen Mary 365GT (no 4) 2+2.

 

That is one of the cleanest and slickest top down storage positions that I have seen on this series. Most of the tops are pretty high in the top down position.

 

Here is my opinion, they already cut the roof off! That's a pretty big mod compared to swapping in a very similar Ferrari engine, after all were not talking Chevy small block. Probably when the injection is set up correctly the drive ability is probably better than the webers. Sure the power will be a little lower and the sound not quite as good but it's still a Ferrari V12 with a 5 speed. I think these cut cars look really good with the top down and not as good the the top up. Just look at the prices of other Ferrari V12 convertibles. The unknown in this situation is how well the conversion was done.

I can honestly say if I didn't already have a 365 I would seriously consider this car, especially if I lived in a climate more suitable to a convertible.

 

I can seriously say if I didn't already have one of these money pits I'd be all over this car. Hard to tell from just some eBay pictures but it does look really good.

 

Good day All,

It looks like this car is going to sell, as the reserve has been met... The current bid is $32200 USD.

Cheers,

Sam

 

Looks like a crappy investment but if it was done right, I bet it would be a fun car.

Regards,

Art S.

 

I've never seen a $10,000 run-up in the bidding in one day, and with six to seven days remaining no less. I don't follow eBay a lot, so I have no sense of how things play out. But this sure looks like some shill bidding. Isn't it possible that, at the conclusion of the auction, the seller could contact the second highest bidder and tell him/her that the deal with the auction winner fell through, and now the seller is willing to sell to the second highest bidder for the amount of his/her last bid? Does this happen?

In other words I'm very suspicious of a one-day run-up of 50%/$10,000, with so much time remaining on the auction. Not to mention that $32,200 is way out of line for a customized, non matching-numbers '74 like this. If you want a really fun and powerful car that you're going to take a hit on at trade-in time, in the mid to high $30k's, there are many better choices in the late model new and used car market.

 

A pal of mine has wanted one of these for a while. My thoughts on 400s are they are seriously appealing-I prefer the angular look, it's sharp. Investment/smart buy? Well, it's a quickly aging V12 Fcar. Any mods, engine work (new engines!), deferred maintenance etc are all going to count against you if you try and sell it. 'Investment' can't be part of the justification with these as with most Fcars. Get the car you really really want because you don't actually need it. Chain timing belts...hmmmm...buy it and drive it!

 

'Shill bidding' is par for the course with eBay (my opinion) and there's no way to regulate it. Has anybody ever actually bought or sold anything for more than sat $20k in a totally clean transaction?!!! eBay really seems to just be the initial connection point for a few parties then all bets are off

 

38.5k. It was offered by a car dealership though.

 

Putting the cost/originality/resale value/ebay issues to one side for a moment - this is a very pretty convertible.

All of the others I've seen have that "pram" look about them with the roof down - this one looks so much better IMHO.

If it drives half as good as it looks I think it'd be a great car to own.

 

Fantastic treatment of the top, and agree that it looks so much better than the "pram" (great comparison) profile. It would be tempting......
5- speed.....knock-off BBi wheels.......LOTS to like about this one.

Shame about the red, though....and the big rectangle DOT reflectors.

 

Convertible top looks good, but does it seal properly? It looks like they used a BMW 3 series convertible set-up. That's good because it actually works!

 

If memory serves correctly, to fix this seal you need to pull the engine, even then it's tricky to get right. That said, if it's only weeping, then you can call it Italian rustproofing

If you are serious about the car, spend the money on a really good PPI. it's worth the money in either justifying taking the plunge or saving you from a bottomless pit.

Regards,

Art S.

 

Best convertible conversion ever.
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You know what ? I think you could very well be right !

 

That's what I said