Budget Exotic? 1978 Ferrari 400 Project

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An affordable Ferrari excites the 14-year-old in any gearhead, and the wedge-shaped, V12 400 variants rank among the easiest to obtain. This 1978 Ferrari 400 Automatic in Independence, Oregon will change hands even more cheaply thanks to its missing the gorgeous hand-built V12 engine, or any engine for that matter. Also gone missing is the automatic transmission, but that’s less concerning as Ferrari three-speed automatics of this era came straight from the U. S. of A.

From a raft of lousy pictures, this interior shot shows the most promise, and it’s far from museum quality. Despite giving up two gears and the five-speed manual’s fabulous gated shifter, the sturdy General Motors TH400 proved twice as popular as the five-speed according to Hemmings.

The front-engine configuration yields a proper trunk on this grand tourer. Take that, mid-engine snobs! Furthermore, 400 owners gain a family-friendly rear seat for children or short trips. If you avoid two-seaters on the principle that an awesome exotic should be shared with more than one person, the 400 series might top your list.

With no glorious V12 to show off, here’s a dusty engine compartment shot. The seller clearly subscribes to the school that “rust” is defined as rust-through, i.e. the ability to view light through a rusty hole. Multiple pictures show rusty metal yet the listing here on eBay describes this ride as “rust free.” As our readers have quipped, pay for the car and you get the rust for free. If you’ve got a hopelessly wrecked 400 with a good engine, this might be your lucky day. At least seven bidders have prodded this Maranello roller’s market value into low five-digit territory with about two days left. No doubt someone’s willing to draw the ire of Ferrari fans everywhere by picturing this four-seat Ferrari with reliable GM LS V8 power, just as prior generations dropped a small-block into anything with two or more wheels. How would you repower this forgotten Ferrari?

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Comments

  1. BlondeUXBMember

    ls

    Like 0
    • BlondeUXBMember

      *LS
      Maybe two…

      Like 0
    • SubGothius

      Or maybe a Viper V10, reckon the engine bay oughta be long enough for it.

      Like 0
  2. Derek

    BMW 5.0 out of a 7-series with a manual gearbox.

    Like 3
  3. Rumpledoorskin

    How about two 4.3L LV3 Ecotec engines. Still 12 cylinders, and iffy reliability having two engines to monitor and maintain. Add in all the electronics to make them run and it gets even more interesting.

    Like 1
  4. Howie

    No engine or transmission, solid complete car.

    Like 2
  5. Tracy

    Useless without the engine.

    Like 1
    • douglas hunt

      Somebody took that V12 for a GTO replica

      Like 0
  6. George

    Perfect candidate for an electric motor conversion!

    Like 3
  7. t-bone bob

    Yikes!

    Like 0
  8. Joe Haska

    The question is not what to power it with, but WHY?

    Like 0
  9. Troy

    Everyone is always- put a LS in it or some other engine so to jump on that bandwagon I say put a Cummins in it.

    Like 1
  10. ACZ

    One of the worst jobs of photographing a vehicle ever shown here.

    Like 1
  11. douglas hunt

    These did not have the “gated” 5speed shifter that the transaxle cars had.
    Used a regular trans that bolted to that V12, and a traditional leather booted shifter

    Like 1
  12. gregb

    wheels and tires are extra?

    Like 0
  13. t-bone bob

    This listing was ended by the seller on Mon, Aug 12 at 4:58 PM because the item is no longer available.

    Like 0

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