Cheap Ferrari: 2002 Maserati Coupe GT

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While we will never offer you advice on these pages for which cars to buy, it’s sometimes hard to ignore our own urges when writing about a vehicle that’s up for sale. This 2002 Maserati Coupe GT is equipped with the rare 6-speed manual transmission that makes this car the closest thing to owning a gated-manual Ferrari for under (potentially – it is an auction, after all) $25,000. Now, you don’t get an actual gated shifter, but you do get a true manual transmission paired to a Ferrari-derived 4.2L V8 delivering 385 horsepower and a positively evocative engine note. Find this Coupe GT here on Hagerty Marketplace where it’s currently bid to $2,600.

Now, like almost every car from Maserati, the depreciation hit on this model is massive. While I sometimes think cars like these are unfairly maligned, the stench of high maintenance costs and not enough appreciation of them by the marketplace is hard to ignore in the case of Maserati. They just never get out of doldrums (unless it’s a highly limited-production supercar like the MC12). The lower-tier models like this – which still costs a ton to buy new, mind you – seemingly get hit with the depreciation stick early on and never recover. It’s a shame, too, because they are still beautiful cars with a stunning drivetrain.

Speaking of, if you’re an Italian car fan for whom the cost of a genuine Ferrari and the associated upkeep costs keeps it out of reach, the Coupe GT makes a ton of sense. You’re going to have to spend money and time on maintenance no matter your income level when it comes to a Maserati or a Ferrari, but at least you can get into a car like this for a reasonable sum, making the maintenance budget more palatable. The thing is, it’s hard to to find a manual and you definitely want the manual as the paddle-shifted automatic is known to be somewhat troublesome, and certainly less fun to drive. Having a conventional three-pedal setup will also make hustling that naturally-aspirated V8 far more enjoyable.

While you may look at this and see a surprisingly bland interior, I look at it and say, “Thank goodness it doesn’t have acres of leather and wood that will crack and fade over time.” Yes, the switchgear is cheap, but it’s also fairly easy to live with, and really, the interior comfort and features have very little to do with why you might be bidding on a car like this. The seller has listed it because it belonged to his father, who passed away and now the car is rarely used. This is a brilliant decision on the seller’s part, as I can’t think of very many cars that will suffer more due to lack of use than a vehicle with a Ferrari-built engine. You won’t do much better than this for massive thrills on the cheap, and I’ll bet the values tick upwards before too long. Thanks to Barn Finds reader Araknid78 for the tip.

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Comments

  1. Howie

    This could be a great deal if you can get it for crazy cheap, say $15k or less.

    Like 1
    • Bub

      15gs or less?!? Maybe you could find the old boy’s widow, marry her and get it for free. Sheesh!

      Like 0
  2. Fran

    WOW! The only nice thing to look at on this car is the engine.

    Like 2
  3. Araknid78

    Location
    Pickerington, Ohio

    Like 0
  4. Joe Elliott

    [PEDANTRY WARNING]
    1) The less-desirable (IMHO) paddle-shift option isn’t an automatic, per se; it’s certainly not as engaging as this example’s proper manual, but it’s worlds better than all the disappointing paddle-shifted automatics that were on the market at the time.
    2) The Maserati version of the F136 engine was developed first, so I always chuckle when I see it described as “Ferrari-derived.”
    3) No one should expect it to sound like a Ferrari variant of the F136 family, because it has a cross-plane crank whereas Ferrari variants have a flat-plane crank.

    Like 2
  5. Chemster

    There is not anything ‘inexpensive’ about these cars. I have a 2005 Spyder, manual, same engine. Ferrari and Maserati no longer support the older platforms, so, whenever something breaks, and they do. It becomes a world-wide scavenger hunt for parts. Since I live in Oz, the exchange rate is fun also. A couple of examples….the rear electronic adjustable shocks were $3700 a piece. I just ordered eight new injectors and coil packs, that bundle of joy cost over $11k. Then, just to add insult to injury customs charged me an extra $1700 in import taxes. They are beautiful cars with the leather and coachworks, but a nightmare to maintain. I’ll never own anything Italian again once this one is gone.

    Like 0

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