1983 Ferrari 400i automatic...on fire!

That looks rough.

Maybe your friend should take a look at this one, and make a lowball offer:

Automatic Project: 1978 Ferrari 400 | Bring a Trailer

Sid

 

I am far from an authoritative voice on this subject... but ultimately, the price on pretty much anything comes down to what someone is willing to let go of something, and how much someone else is willing to cough up.

Look at what appears to have been a steal just a year ago at the Chicago Mecum auction:

https://www.mecum.com/lots/CH1015-223996/

It sold for $23K - it was complete & running!!!

The difference between a Mondial and a 400 series is that a Mondial has always been the base entry model Ferrari offered for each year it was sold. You buy one now/fix/restore and it will still be the least expensive model offered when new.

Depends on who you ask, however, the 400 series even topped the prices of the 512 BB when new. You buy one now/fix/restore and it will likely be the only one 85% of the people who see it have ever come across given it was never officially imported to the US.

The one at BHCC has been for sale forever and sure they'll give you the car if you so much as glance at it twice in front of them - it was discussed in this forum previously here:

http://www.ferrarichat.com/forum/365-gt4-2-2-400-412/522995-1985-ferrari-400i-sale-beverly-hills-car-club.html

Keep us posted with your friend's determination and perhaps begin a new thread if he chooses to pull the trigger. The parts to restore the Sparky one above will be incredibly pricey (as they can be hard to source).

 

Better do some research before you post, the Mondial was NOT the base model, but a step up from both the 308 & 328:

Here is an example from 1980 with the Mondail costing 20% more:

Base Price 1980 Mondial = 68,000 = 197,000 + Tax (2015 dollars)
Base Price 1980 308 = 55,000 = 159,000 + Tax (2015 Dollars)

Alden

 

I stand corrected and always happy to have learned something new today - thank you for same. I was able to find the actual in period magazine articles featuring the 1980 Ferrari Mondial as well as well as the 308:


http://alexachua.com/1981_mt.pdf

http://alexachua.com/mt1981gtsi.pdf

Pretty cool reading if anyone gets the chance (308 compared to the M1 and 928)...


What I should have said was that - " You buy one now/fix/restore and it will still be the least valuable of the Ferrari models offered that year based on current market prices."

 

If you purchase both the BAT car and the Fire car, you could then make one good car out of the two.

 

To be honest, both the 400's and the Mondials suffer from a "bad looks" reputation, until they are seen in the flesh, so to speak.

I also think once it is realized that the Mondials share the 308/328/348 running gear, are more roomy and comfortable and also, due to their longer wheelbase, they simply drive better than the 3X8 series, we will see more appreciation for the model.

I bought my 88 3.2 Cab because I couldn't comfortably fit/drive a 3X8. Lots of room in the Mondial and a boot for luggage too! I couldn't be happier with my choice.

I just got back from a cruise in the mountains and got nothing but high praise from folks who stopped to chat about the car. People love the car, just like they do a 400 when they see it.

Once the 400 is appreciated for the front engine, 4 seater, 12 cylinder masterpiece that it is, we will see it appreciate too!
Alden

 

Get the burnt car. If the fire was external and it was a good car prior, you have the best shot at successfully completing the project.

Regards,

Art S.

 

What serial number is that burned car?

 

No way will this car make any sense monetarily to restore to even driver condition. It is a parts donor and/or perhaps a candidate for a re-body. Fire damaged panels, ruined $$$$ glass, interior work and then all the usual stuff on top of that.
Your friend will be upside down, in a big way, in a New York minute.
Run, Forrest, run!

 

I'm not a 400 expert but I'd bet that if your friend buys the burned car and sees the restoration all the way through to the end, he'll be the owner of the most expensive 400i in history.

Even before addressing the fact that it doesn't run, I'm guessing about $40k minimum in work and parts on the exterior alone...paint, glass, bumpers, mirrors, wheels, tires, lights, badges, etc, etc, etc.

My 2c. Good luck!

 

It is no secret I've been one of the longest supporters of this series and hate seeing another one go away, but even though values have climbed waaaay up this one just doesn't make sense.
<sigh> Sad to say it but this one is gone.

 

My thoughts exactly. Just buying the parts will put you upside down. There's a lot of work there to make a nice car out of it.

Then at the end, you get to find out if the engine and transmission were worth the trouble.

$10K is too much.

 

Yeah honestly this is more of a "pay me to tow it away" car at this point. Maybe worthwhile to someone who is a skilled Ferrari mechanic who happens to own a shop that does everything, body, engine interior, etc., who wants it as a project/personal car. At that it would probably still end up costing the same as a 400i in decent condition that you could just buy and start driving.

 

No no no no no no no no no no no no no no no

 

Did he confirm the s/n?

 

Looks so bad!

 

44471??? Hey we know that car! That is the car with the fuel filler in the strange location (pictured)

.
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2/2004 for sale J. Lukes (CA) $23.5k 49k miles,
3/2005 for sale by John (CA),
2/2006 for sale California Cars (CA) $26.9k,
2/2007 for sale R. Miliani (CA) $26.9k 43k miles (lost miles??) chrome wheels,
7/08 for sale Ebay (CA) $27.5k 55k miles, wrong size TRX's, still has chrome wheels and funny location for gas filler, rear deck not stock, black painted grille,
10/08 for sale on Ebay (FL) $29k 56k miles,
5/2009 still for sale in (FL),
9/2009 still for sale

 

Get your buddy into a Mondial...maybe an 8 or QV. Old school vibe, cheaper to service than the 400i, if I'm not mistaken.