1978 Ferrari 308 GT4

1978 Ferrari 308 Description

This 308 GT4 is an excellent driving Ferrari. The car has had many improvements since I purchased in 2013. I have enjoyed driving the car as it is reliable and easy to drive. Most notable, I rebuilt the transmission so the car shifts wonderfully from 1st to 2nd gear, a common problem with these Ferrari transmissions of this time period. I purchased this 308 GT4 four years ago from a dealer in California. Upon purchase the odometer was not working and had a reading of 1800 miles on it. I did some research and this car had about 68,000 miles on it in the late 1980's. No further information could be found about the mileage. The odometer was rebuilt by Palo Alto Speedometer has has worked since and currently has 2,698 miles on it.

The car is in good working condition. All the mechanicals are in order and below is a list of all the items I have completed.The engine recently was removed from car by Northcoast Exotics (top Ferrari Engine rebuilder in Cleveland) and did the following:

• · Checked oil pressure with mechanical gauge, verified it is holding pressure (it is)
• · Removed Engine Assembly from car
• · Dissembled Transaxle, Differential and Plain shaft
• · Replaced 2nd gear, plus various seals and bearings
• · Limited slip differential installed and adjusted
• · Changed timing belts
• · Removed Cam Levers and adjusted valves
• · Changed gaskets and seals including front and main seals
• · Sealed both pans and shift rod
• · Replaced all filters and oil, coolant and gear oil
• · Cleaned entire engine compartment
• · Valve clearance adjusted
• · Broken mounts replaced
• · New spark plugs
• · Repaired choke

This repair cost about $15,000. I have original receipts and have driven the car about 350 miles since to verify excellent running condition of the motor.

In addition to this major repair, the following items have been repaired or replaced. (I have receipts)

• · New water pump
• · Thermostat
• · Fuel Gauge
• Reupholstered driver seat·

All the gauges are working and the engine is in great condition. The paint is in good condition with some minor scratches on the headlight and roof. There are difficult to capture with a camera. The upholstery is in great condition and the carpeting appears to be new before I purchased the car. The windows go up and down under power. The car was only driven in the warm months and I purchased the car from California.The car is stored in aheated garage in the cold months. I have high res photos including the compression readings, chassis, wheels and invoices in a drop box. Please copy https://wwand w.dropbox.com/home/Public/Ferrari%20308%20GT4into your browser to view. I had to break the link since Ebay does not allow links clickable links.

Some defects / issues include:

• The A/C does not work.
• The E-brake does not work well.
• The doors locks do not work well.
• The radio is a newer radio, not factory.

You are welcome to come inspect the car or send someone to inspect. All Sales are final and no returns, refunds or credits will be granted after payment is made. Payment must be made in full before Title is transferred and sent UPS to the buyer. Payment must be made by Wire Transfer to the bank information that will be provided at the time of sale. Buyer is responsible for arranging shipment from Cleveland, OH. The exact address will be provided at the time of sale. Do not hesitate to ask questions so we can have a smooth and easy sale.