Good Find Friday features interesting vehicles we’ve found for sale while conducting market analysis or appraisal research. They are not for sale by Wolf and Mare and we have no business relationship with the sellers. We just think they’re worth learning about and sharing with our readers!

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I hope everyone had a wonderful Thanksgiving holiday. It was a much appreciated day of rest for me, but I still spent much of my relaxing couch time cruising various online classifieds for interesting cars. While engaging in this recreational self-flagellatory window shopping, I found today’s Good Find Friday car: a 1972 Maserati Indy.

Maserati’s origins trace back to 1914, when the Maserati brothers founded the company that would evolve from a small Bologna workshop into one of Italy’s defining automotive marques. In its earliest years, Maserati built race cars such as the Tipo 26, the brand’s first machine to bear the trident emblem, and later the successful 8CTF, which famously won the Indianapolis 500 in 1939 and 1940.

As the company transitioned from pure racing to road-car production, it introduced models like the A6 series—light, elegant sports cars that established Maserati’s road-going identity—and the 3500 GT, its first mass-produced grand tourer. This lineage set the stage for icons such as the Ghibli, the Sebring, and the Quattroporte, all of which helped shape Maserati’s reputation for blending motorsport engineering with sophisticated, long-distance comfort.

Into this heritage arrived the Maserati Indy, a grand tourer produced from 1969 to 1975 that reflected the brand’s evolving philosophy under Citroën ownership. Designed by Vignale with styling by Virginio Vairo, the Indy featured a sleek fastback body with expansive glass, pop-up headlights, and a tapered tail that emphasized aerodynamics and visibility.

Structurally, it employed a steel semi-monocoque chassis with a bolt-on front subframe, providing rigidity while accommodating its 2+2 layout. Maserati powered the car with a family of all-aluminium quad-cam V8 engines—4.2, 4.7, and 4.9 litres—offering increasing performance and top speeds nearing 165 mph in its most potent form.

Ventilated disc brakes on all four wheels, available power-assisted steering, and amenities such as leather upholstery, power windows, and optional air conditioning made the Indy both a capable performer and a comfortable tourer. With just over 1,100 units built, it remains a distinctive bridge between Maserati’s racing-influenced early decades and its later commitment to refined grand-touring luxury.

Today’s Good Find Friday car is a 1972 Maserati Indy project listed for sale on Facebook Marketplace. The car is located in Maryland, is partially assembled after painting, and has an asking price of $16,000 or best offer.

Disassembled projects like this can offer a major value if you have the space, skills and tools to complete them. There are significant risks, not the least of which is whether the work done to date was of good quality. The body of this car is said to have been repainted and “fully restored.” The finish color appears to be a non-metallic red, but according to Maserati paint records the only red offered on the Indy was Rosso Cordoba Metallizzato, or metallic red.

The paintwork and body repair will need to be studied in person to determine its quality. Significant amounts of red overspray are present inside the wheel wells, meaning those areas were not disassembled for painting. They should be black, requiring a bit of work to finish to factory standards.

All the window glass has been removed but is pictured in the listing, and appears to be in good shape. The large and beautiful rear hatch glass is present with its trim intact.

Included with the sale is a 4.9-Liter engine, the highest performance option available on the Indy. Many cars were treated to upgrades from lower specs, so I’d recommend checking this car’s engine and chassis numbers against Maserati records to verify it’s a matching drivetrain.

The 4.9 put out 320hp and 355 lb-ft of torque and is effectively the same engine as the Ghibli SS, though with the usual Indy wet sump lubrication setup instead of the dry dump used on the Ghibli.

An automatic transmission is included with the car, and is actually a rare spec for the Indy. It’s likely not a particularly desirable option among buyers, but perhaps the ancient Borg Warner 3-speed auto could be replaced with something like a Tremec 5-speed.

Some interior fittings are pictured, including the rear seats that occupied the roomy rear compartment, as well as front seats and power window regulators.

The listing states the car comes with “almost everything” to complete it, though it’d be great to get a list of what is present and what is missing. Sourcing parts for a 70s Maserati produced in pretty small numbers can’t be easy. Fortunately, the car was built in collaboration with Citroën, so some parts are likely shared with other mass-produced Citroën models.

A title is in hand, and the owner states he’s motivated to sell.

Production for the 4.9-liter Maserati Indy was just 299 cars, making it a rare specimen indeed. Total production for the Indy was just 1,102, which might be why there are so few on the market or sold at public auction these days. Automatic transmission cars are even rarer, with most cars hitting the market having been manuals.

As you can see in the chart above, the 4.9-liter engine commands a premium in the marketplace. Approximately half of the Maserati Indys sold at auction in the last 10 years have been the 4.9-liter variant, but a number of those cars have been upgraded from lower specs.

Is today’s car a value at $16,000? I’d say yes, assuming its component parts can be assembled into a car that would equal #3 Good condition when completed. The average price of a Maserati Indy in today’s market is $58,000. As you can see in the chart above, however, prices are trending down when studying actual sales over time (versus retail asking prices). Most of the run-up in prices occurred well before the pandemic, and they’ve been in freefall for the last 12 months.

The Maserati Ghibli, with its lower and sleeker coupe body style is much more desirable and the six-figure and higher prices reflect that. The Maserati Indy is a good alternative for someone who craves late 60s-early 70s Italian wedge styling at an achievable price point.

You’ll have to measure the ROI on every expenditure and carefully watch market trends, but this project car could be a great way to obtain a rare Italian classic by spending a bit at a time.

If I didn’t have a 2-car garage jammed with 4 cars already, I’d at least be planning a trip to check this one out. How about you?

Wolf and Mare provides car finding, appraisal and auction services for sellers and buyers of collector European cars. We also provide importation services. Give us a call or drop us a line!