| Author |
Message |
P. Thomas (Ferrari_fanatic)
Member
Username: Ferrari_fanatic
Post Number: 452
Registered: 4-2003
| | Posted on Thursday, June 26, 2003 - 9:42 pm: | |
Doody, that is a good point. The people on this board that cite all these incredible deals on 355 Spiders have not bought one recently. I have read posts on a guy getting a 355 Spider for 70K. Well they failed to mention it had 30K plus on the clock, needed some restoration, and was a previous RENTAL CAR. Scary.
Do your due dilegence, and remeber: You get exactly what you pay for.
To be cordial, I respect various poster's opinions, click on their profile and they do not have (or recently purchased ) a 355. So in that sense, it is like me commenting on the value of a 512. It is pure speculation based on hear say, and the infamous e-bay motors. So many times I have heard: I say xx on e-bay for yy. Did you call them?? And so your point is????
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Scott DeGhetto (Scott63)
Junior Member
Username: Scott63
Post Number: 108
Registered: 4-2003
| | Posted on Thursday, June 26, 2003 - 9:30 pm: | |
A 97 Spyder for $75K with the service??? Put the deposit down immediately if this is through a Ferrari dealer and the car has a clean CARFAX. The miles are high, but even so, the price is great... |
Tommy Anastasiou (Tommya)
Junior Member
Username: Tommya
Post Number: 121
Registered: 10-2002
| | Posted on Thursday, June 26, 2003 - 9:10 pm: | |
Mr Doody,
I like your approach. I guess what you are trying to tell me is not to listen to ( village idiots LOL ;o ).
OK let's start all over for a third time. Knowing that the vehicle is in great condition 30k will be done and offered for $75 to $80k what would you do ?? |
Henryk (Henryk)
Member
Username: Henryk
Post Number: 821
Registered: 8-2001
| | Posted on Thursday, June 26, 2003 - 9:02 pm: | |
Doody: While, in your opinion, the depreciation curve doesn't enter into the factor of the current value of the 355, I disagree.
There are cars you could buy that are "fully" depreciated......relatively speaking. To buy a 355 with 26K miles on it, one can only expect the price to drop, as the miles are put on. If you only plan on putting 1K miles a year on the car, the price will still drop.....but less. If one puts 10K miles a year on the car, the price will drop a LOT!!!!! It is your choice!
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Mr. Doody (Doody)
Intermediate Member
Username: Doody
Post Number: 1283
Registered: 11-2001
| | Posted on Thursday, June 26, 2003 - 8:44 pm: | |
tommy's finally starting to have fun with this :-)
seriously - do yourself a favor and stop listening to us morons here --- fire up excel; fire up your web browser; surf all the usual suspects and collect data on 1996, 1997, and 1998 Spiders with varying mileage; eyeball the numbers to adjust for model year and miles; make an educated judgement.
just as FML's asking price index is notoriously inflated, the opinions expressed here have a way (IMO) of being notoriously deflated. especially once frank gets involved in a dino discussion - hey why are you reading dino thread anyway, dude?!?!?!? :-) :-)
the range on a 1997 with 26K miles is probably $85K through $115K depending upon who the buyer is, what's been done to it, how it's been cared for, who's going to stand behind it, etc. etc.
doody. |
Mr. Doody (Doody)
Intermediate Member
Username: Doody
Post Number: 1282
Registered: 11-2001
| | Posted on Thursday, June 26, 2003 - 8:38 pm: | |
and even further....
only about 2,500 F355s total were imported into NA through all the years of production. and of those, only about 800 were spiders.
doody. |
Tommy Anastasiou (Tommya)
Junior Member
Username: Tommya
Post Number: 120
Registered: 10-2002
| | Posted on Thursday, June 26, 2003 - 8:35 pm: | |
I was doing OK in the beginning but know??#$@&($
Let's start this all over again. What would you guys consider a great purchase price given the opportunity to buy it?
Thank you all for the help.
Tommy A
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Scott DeGhetto (Scott63)
Junior Member
Username: Scott63
Post Number: 104
Registered: 4-2003
| | Posted on Thursday, June 26, 2003 - 6:33 pm: | |
Let's see now..... 109 HP/liter, 1800 hours of wind tunnel testing, electronic damping suspension, etc, etc and 2000 of them made per year. That's what I call mass produced!! |
Mr. Doody (Doody)
Intermediate Member
Username: Doody
Post Number: 1280
Registered: 11-2001
| | Posted on Thursday, June 26, 2003 - 5:13 pm: | |
frank - he wasn't asking what the depreciation curve looks like. and my guess is that he's wondering what the market value might be - not what YOU would pay for it. we know your opinion of the dinos :-).
105 smells high for a 97 with 26K miles. even from an FNA dealer.
doody. |
Frank Parker (Parkerfe)
Advanced Member
Username: Parkerfe
Post Number: 2605
Registered: 9-2001
| | Posted on Thursday, June 26, 2003 - 4:34 pm: | |
IMHO that's too much for the car regardless of the mileage. The 355 was a mass produced industrial "Ferrari" thats price has no place to go but down ! |
Ed Petersen (Epetersen)
New member
Username: Epetersen
Post Number: 1
Registered: 6-2003
| | Posted on Thursday, June 26, 2003 - 4:28 pm: | |
Miles is the key... I've got a 97 blue spider and wouldn't sell it for that price, but only has around 10k miles. i.e., if you're getting it from a FNA, it sounds like a great deal, particulary with the service. I've had that service done and replaced the cam belt, it is not cheap. |
Tommy Anastasiou (Tommya)
Junior Member
Username: Tommya
Post Number: 119
Registered: 10-2002
| | Posted on Wednesday, June 25, 2003 - 7:24 pm: | |
David, Tom,
Thanks for your help. The vehicle is at an authorized Ferrari dealer. |
david handa (Davehanda)
Intermediate Member
Username: Davehanda
Post Number: 1054
Registered: 5-2001
| | Posted on Wednesday, June 25, 2003 - 3:28 pm: | |
$95k. I would expect a lower price if it is being sold and serviced through a non-FNA dealer. Others may disagree, but I am will to pay a bit more to work through an authorized dealer. |
TomD (Tifosi)
Advanced Member
Username: Tifosi
Post Number: 3976
Registered: 9-2001
| | Posted on Wednesday, June 25, 2003 - 12:24 pm: | |
90-105k |
Tommy Anastasiou (Tommya)
Junior Member
Username: Tommya
Post Number: 118
Registered: 10-2002
| | Posted on Wednesday, June 25, 2003 - 12:21 pm: | |
I might have a new addition to the family.I need some help pricing out this vehicle.97 F355 Spider 26k Blue on Beige. The vehicle is very clean in and out with no paint. It's a lease return and the previous owner had purchased a service contract with it. The dealer will do the 30k service prior to delivery. Your help will be greatly appreciated.
Tommy A
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