Hi guys I’m looking for high mileage Ferrari Would like for something under 20k maybe Just trying let me know what you have even if it’s over. we can work something out.
Maybe a non running, salvage title, cosmetically damaged 348 with 105,000 miles. Sent from my iPhone using FerrariChat.com mobile app
If you find a third. I’ll buy that one. I don’t care if it is over a quarter million miles either. $20k is a great buy for a well ridden prancing horse.
A 308GTSi and a Mondial 8 would be the closest to this price. It should be attainable close to your budget, with clean title and high mileage. Unless your looking for newer?
I checked on Classic Autotrader the cheapest is a 29k mondial so maybe 27k post negotiation Sent from my iPhone using Tapatalk
I paid $10K for my '82 Mondial 8. 26K miles. Major done (600 miles on the major, but 5 years had passed, so I did another LOL) Deals ARE out there...just a bit of a needle in a haystack to most. Image Unavailable, Please Login
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What’s the problem I just put it out there and you would be surprised that there is some I’ve come a crossed a few already it’s not my fault you didn’t try to look for one cheaper at first
And it does not have to be a clean title it could as well. Be a salvage. I just missed out on a 2000 456 gt out of Colorado with 60k miles and a clean title they were only asking 32k for so I’m trying for under $20k if there is none on here I could always raise my budget
I think it's just that this is a "Ferrari Forum" - Ferraris under $20,000 - that can be driven?!? - are a pretty darn rare commodity. And on the rare occasion when they are found, the cost to properly refurb can be very steep. That's the reason for the somewhat negative responses. Not saying they can't be found - but there's really nothing more expensive than a cheap Ferrari. Jedi
Indeed! Just as my own personal "data point" - I'm not an F-Wrench guy - I have to pay people with that skill set. $4000 to $7000 every three years for a 328 is not out of the realm of "realistic" - plus those little "gotchas" that come along. But that's starting with a car in pretty decent shape to start with (I paid $44,500 during a "down market") For a trashed out sub-$20k Ferrari, the initial cost to get "road ready" in my thinking could easily double the purchase price. OBVIOUSLY the "DIY" mechanics will save a TON - but those having to hire it out (me!) my numbers, at least for a 1986 328GTS, are from my own life experience. Jedi
There have been a few good responses. I think $30k is more doable, a $20k car would seem to be a deferred maintenance nightmare. Why base your decision only price? Why would you want a car no one else wanted which would likely be the case at that price. If it is a strict budget matter, suggest you wait until you have a bit more $$$ so have a chance of finding a car that is not going to kill you on maintenance. Even if you do your own wrenching the OEM parts are expensive and may be hard to find.
I understand and every one is right but I want to try and see if I could accomplish it first I can’t do it then I would have to go up to $30k in which I know a few I can pick up but I’m just taking a shot and just so every one understands yes it is going to be hard and it is rare but they are out there and they are attainable
Maybe equal cheapest - a friend of mine got a nice 412 convertible for $5k about 5 years ago. Of course, going back a few decades, $20k would have got you at least one 250 GTO.
$20k is a bit of a stretch, but $30k is certainly doable. The thing to keep in mind too is that this is a Ferrari, not a mass produced car. R&D on models in your price range wasn't the best. They are designed to look pretty and go fast. Longevity wasn't the primary concern. Things are going to break. A lot more than the usual car. Parts will be a lot more expensive than the usual car. If you can't DIY, labor will be much more expensive than the usual car. I'm not trying to say give up on a Ferrari, but I want you to know what you are getting into. I bought a "cheap ferrari" 360 and I am constantly fixing things. Parts don't last forever and that is only a 20 year old car. I've dumped easily $5k+ in the past 2 1/2 years on it just in parts. Thankfully I can DIY. It would cost tens of thousands to have paid someone to install those parts.... I don't know your situation, but these are things to be aware of. Best of luck.
