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FerrariChat.com » General Ferrari Discussion Archives » Archive through May 04, 2002 » Att:F355 owners, i'm considering a '96-97 F355 GTB « Previous Next »

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Mr. Doody (Doody)
Junior Member
Username: Doody

Post Number: 165
Registered: 11-2001
Posted on Tuesday, April 30, 2002 - 9:34 am:   

robert - the depreciation isn't quite that linear. on low-mileage cars (sub 10K) i can see it, but once you get past the 20K mark i don't think the curve is that dramatic.

my 2cents fwiw,
doody.
robert di meglio (Robdimeglio)
New member
Username: Robdimeglio

Post Number: 3
Registered: 3-2002
Posted on Tuesday, April 30, 2002 - 8:50 am:   

I have a '99 355B 6 speed. Currently it has about 5100 miles. It has been reliable and runs well but the service is expensive. My recent 5K service at the local dealership cost $1700. I would count on an average annual outlay of about that much for service and repairs, with a bill of $5000 to $6000 or so every 5 to 6 years for the major belt change service. My advice is to find a car that you can verify all required services. With regards to mileage, remember that in the Ferrari market, a car depreciates about a dollar per mile, so a 25,000 mile car is worth about $20K less than the equivalent 5,000 mile example. With recent price drops in 355's, now is a good time to buy.
Joseph Caretti (Pino)
New member
Username: Pino

Post Number: 18
Registered: 4-2002
Posted on Tuesday, April 30, 2002 - 12:08 am:   

I'm on my second F355. The first was a '95 spider. I had a few problems (2) with the top, and by the time I got rid of it at 22,000 miles, it needed valve guides, but it was a reliable runner until that point. I did have an alternator go bad now that I recall. Oil services only go for $200 (only!), with other fluids slightly less. Belt services do indeed cost $5K because the motor must be taken out.
My current F355, a '98, I've only had for a couple of months, but it did need a new catalytic converter. Thankfully it was covered by the Federal Emissions Warranty.
F355's are one of the most reliable Ferrari's (dare I say automobiles). The major services are rather expensive, but when you consider what gets done and break it down over the years, it's not that bad.
Andrew (Mrrou)
Junior Member
Username: Mrrou

Post Number: 229
Registered: 3-2002
Posted on Monday, April 29, 2002 - 7:13 pm:   

the 355 I drive is reliable..it has never broke down or anything..I do the oil changes with a friend and its only taken to the dealer for a new set of tires or a belt service..I would go for a 355 with at least 20k miles to be on the safe side..usually cars with less miles have problems because of lack-of-driving
Stephen Patterson (Srpatterson)
Junior Member
Username: Srpatterson

Post Number: 114
Registered: 11-2001
Posted on Monday, April 29, 2002 - 5:51 pm:   

I have a 1995 F355B, 20,000 miles, no repair bills except oil changes and belt service.

Don't believe all the rumors.
Eduardo Barcelo (Edudiaz123)
New member
Username: Edudiaz123

Post Number: 1
Registered: 4-2002
Posted on Monday, April 29, 2002 - 5:11 pm:   

What should i expect from this car in terms of service costs and reliability? I have heard so many diferent stories by now that i am a little worried to make the purchase (i'm moving to spain in a couple of months). I have heard the car is full of gremlins and can leave you stranded at any moment!! Also, regular service bills (oil and filter change)go for $1,000-3,000 ( i don't mind that) but a major service (every 15k) can go for as high as $5 grand!!!!! Also i was told to stay away from y 95s.
Anyway, if there are any F355 owners who are willing to share their stories, i'm listening.

Thanks

Ed (from DR)

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