Will the 355 eclipse the 360 as they both age? | FerrariChat

Will the 355 eclipse the 360 as they both age?

Discussion in '348/355' started by kverges, Aug 28, 2009.

This site may earn a commission from merchant affiliate links, including eBay, Amazon, Skimlinks, and others.

  1. kverges

    kverges F1 Rookie

    Nov 18, 2003
    3,179
    Dallas
    Full Name:
    Keith Verges
    As the 360 is about 10 years post-introduction and about to be pretty old news from a performance standpoint in light of the 458, will it fall behind the 355 in terms of lasting value? The analogy I draw is the 993/996 Porsche and the Gen II / Gen III Vipers. The introduction of the 996 water cooled and slab-sided 996 Porsche was in retrospect not well-loved and I am pretty sure a comparable 1997 996 Porsche is more valuable than a 1999 996. Same is very true of the Viper GTS from 1996-2002 - they hold value better than the less inspired 2003-up Vipers.

    I think part of this is the fact that, after about 10 years or so, none of these cars has state of the art performance, so you are buying them more for the art. After all, a COrvette Z06 will crush any of the above (except maybe some Gen IV Vipers that have the 600 hp).

    For me, the decision is simple. The 355 is more classic and timeless in appearance than the 360 and the 458 seems to harken back more to those integrated and flowing lines.

    Who's with me?
     
  2. BrandSB

    BrandSB Karting

    Jun 11, 2008
    236
    Canton, Michigan
    Full Name:
    Steve
    +1

    My local dealer actually pointed this possibility out when I got my 355, although he also threw the production numbers into the mix e.g. many more 360's than 355's = more exclusive. Eye of the beholder I think...
     
  3. marcello2

    marcello2 Karting
    BANNED

    Jul 6, 2007
    135
    HK
    Full Name:
    marcello pipes
    Cosign + 1
     
  4. JoeZaff

    JoeZaff F1 Veteran
    Owner

    Aug 5, 2007
    5,459
    Philly suburbs
    Full Name:
    Joe
    #4 JoeZaff, Aug 28, 2009
    Last edited: Aug 28, 2009
    The 355 will one day reach icon status in the same way the Dino has today.

    That being said, down the road people will fondly recall the 360 as a really good car and a very reliable Ferrari. I can see Ferrari owners referring new owners to the 360 the same way they refer them to 328s and 308s today.



    Just my .02
     
  5. UConn Husky

    UConn Husky F1 Rookie
    Silver Subscribed

    Nov 11, 2006
    4,425
    CT
    Full Name:
    Jay
    I think so, once 'newness' is less important compared to styling and performance. The 355 is drop dead gorgeous and fixed all the problems in the 348. :D
     
  6. Bullfighter

    Bullfighter Two Time F1 World Champ
    Lifetime Rossa Owner

    Jan 26, 2005
    22,619
    Gates Mills, Ohio
    Full Name:
    Jon
    Yup, no problems with the 355.
     
  7. vvassallo

    vvassallo F1 Veteran

    Aug 4, 2006
    8,329
    Palos Verdes
    Full Name:
    Vince V
    #7 vvassallo, Aug 28, 2009
    Last edited: Aug 28, 2009
    As for styling, it re,ains to be seen which car weathers time better. Although it depends on what the inheriting generation thinks. My age group seems to prefer the 355, but who can say what the 20 somethings might think in 10 or so years.

    What might really affect this, however, is how the 355 ages with respect to maintenance compared to the 360. The 355 has a lot of cool stuff but when it breaks, can get expensive, mostly due to parts availability and cost. The 360 is untested in this area because it is not that old of a model. I have not really followed the 360 section, which maybe one should do before one offers an opinion on this. :) I have noticed that the 360 generally needs the attention of the dealer more than an independent so there's that.
     
  8. Bullfighter

    Bullfighter Two Time F1 World Champ
    Lifetime Rossa Owner

    Jan 26, 2005
    22,619
    Gates Mills, Ohio
    Full Name:
    Jon
    The 355 is a much prettier car than the 360, and I agree that as cars age their performance stats become less important to their desirability (e.g., Dino 246...)

    But, I think they both have too much technology to be classic. Neither has held value all that well so far, and I'm not sure we should count on "lasting value" for cars of the modern era. That goes for new Porsches as well. Who wants an 18-year old sat nav system, digital dash, vintage traction control, etc.? It's all disposable in the way my old laptop PC was.
     
  9. 355

    355 F1 Rookie
    BANNED

    Jan 4, 2005
    3,643
    Toronto
    Full Name:
    Frank
    #9 355, Aug 28, 2009
    Last edited: Aug 28, 2009
    The 355 has held its value very well in the last year. The 360 has dropped like a rock. I have been around both cars quite a bit lately and the more im around the 360, the more it resembles a tin can. Everyone I talk to lately loves the 355 and seem to want the 95 version. The 2.7 pulls very well compared to the 5.2. I can see that finding a well sorted 95 355 in the near future will be very hard to do. One must also remember that there were quite a few more 360s built and most of them came to North America whereas the lower number 355s are spread out around the world. BTW im talking GTB here not the Sunday driver spyders.
     
  10. Bullfighter

    Bullfighter Two Time F1 World Champ
    Lifetime Rossa Owner

    Jan 26, 2005
    22,619
    Gates Mills, Ohio
    Full Name:
    Jon
    You're right, but newer cars typically have a steeper depreciation curve.
     
  11. marcello2

    marcello2 Karting
    BANNED

    Jul 6, 2007
    135
    HK
    Full Name:
    marcello pipes
    I think the 355 Will be like a mid year vett compared to a 68 and newer vettes.I also think the 348 will go up in the future for the same reason .the 348 spider is a great car and has the manual top.
     
  12. gcthree

    gcthree Formula Junior

    Jul 18, 2008
    323
    Williamsburg, Va.
    #12 gcthree, Aug 28, 2009
    Last edited: Aug 28, 2009
    In my mind (and many others) the introduction of the 355 marked the point in time where Ferrari refocused on being a producer of very serious, ultra high performance sports cars. They finally shed the gold chain/Rolex imagery that accompanied earlier cars featuring 'adequate' performance. Think 5 valves per cylinder in the mid 90's....amazing. 1.75 hp per cubic inch? Longitudinal transaxle? Ground effect underbody? 8,500 rpm redline from a 3.5 liter V8? A flat crank producing spine-tingling aural pleasure?

    And the Berlinetta is as pure a design from Pininfarina as they have ever done.

    All hallmarks of a classic and meaingful performance car.
     
  13. gcthree

    gcthree Formula Junior

    Jul 18, 2008
    323
    Williamsburg, Va.
    and, oh, how about a 'direct from the track to your showroom' technology transfer with the F1 paddle shift system? Do you recall how significant that was?
     
  14. dmark1

    dmark1 F1 World Champ
    BANNED Owner

    Feb 26, 2008
    11,439
    Americas Team Headquarters
    Full Name:
    Mark
    Possibly. But the CS will be the classic everyone will remember from this time. It has low production numbers and is prettier than the 360 or the 355. The CS will be the one that everyone wants eventually...
     
  15. rllucero

    rllucero Formula Junior

    Jul 11, 2006
    559
    Santa Fe/San Diego
    Full Name:
    richontravel
    Yeah, the CS should be a classic for the simple fact there aren't many around. The 360 and 430 on the other hand just doesn't have the look. I know I keep thinking about upgrading to a 430 (just because its newer) but I just don't like the look as much as my 355 coupe. A Ferrari has to scream Ferrari when it passes by you and a 355 does exactly that.
     
  16. UConn Husky

    UConn Husky F1 Rookie
    Silver Subscribed

    Nov 11, 2006
    4,425
    CT
    Full Name:
    Jay
    You forgot the best part...solid ultra lightweight titanium connecting rods to allow that 8500 redline! Again a production car first as far as I know (as was the F1)
     
  17. UConn Husky

    UConn Husky F1 Rookie
    Silver Subscribed

    Nov 11, 2006
    4,425
    CT
    Full Name:
    Jay
    nothing that isn't permanently fixable for reasonable-for-Ferrari cost :D The ONLY downside is the engine out every 4 yrs (my plan) for belts. But that means due to placement the clutch is easy to change as the oil *almost*. 360 clutch is a project...
     
  18. BLAMPEE

    BLAMPEE Man Card Status: Never Issued

    Grrr...

    lol

    ;)
     
  19. Bullfighter

    Bullfighter Two Time F1 World Champ
    Lifetime Rossa Owner

    Jan 26, 2005
    22,619
    Gates Mills, Ohio
    Full Name:
    Jon
    #19 Bullfighter, Aug 29, 2009
    Last edited: Aug 29, 2009
    I think they made 1,300 of them (?) There will be a lifetime supply of mint, red 360 CS's for anyone reading this.

    Aesthetically, IMHO, and at the risk of receiving a free lifetime supply of hair gel:

    355 GTB/GTS: 8 out of 10 points aesthetically
    355 Spider: 7.5 out of 10
    360 CS/Modena: 5 out of 10
    360 Spider: 4 out of 10 (just can't love the headrest fairings...)

    250 GT SWB: 10 out of 10
    246 GTS: 10 out of 10
    308 GTS: 9 out of 10
    California: 4 out of 10
    Fiero body kit '355': 0 out of 10
    etc.
     
  20. vvassallo

    vvassallo F1 Veteran

    Aug 4, 2006
    8,329
    Palos Verdes
    Full Name:
    Vince V
    The lowly 308 does not belong on that list. :) Unless it's a 1976 glass model.
     
  21. Monteman

    Monteman Formula 3
    Rossa Subscribed

    Feb 9, 2006
    2,351
    Santa Barbara, CA
    Full Name:
    Monte
    Interesting thread. I think the number of viable, well maintained 355's is going to drop and due to the lower production volume opens the door to the possibility of increased desirability. I see quite a few 355's pop up for sale that truly need A LOT of work (check out eBay, etc.) and at the current prices, most people aren't willing to spend the money to get them back into proper order. Over time, this will take the toll on the amount of viable cars on the road and then I think we'll see supply/demand economics set in which could potentially drive up the value. Will it surpass the 360? Don't have the good of a crystal ball.
     
  22. dm_n_stuff

    dm_n_stuff Four Time F1 World Champ
    Lifetime Rossa Owner

    Dec 10, 2003
    43,982
    26.806311,-81.755805
    Full Name:
    Dave M.
    Prices may creep closer and closer, but I don't see the 355 passing the 360.

    Sure, there are more 360's available, but in the end, with all the modern Ferraris, I think styling and performance will dictate price, along with the perception of potential maintenance issues down the road.

    Dealers (at least the couple I have visited) have steered me away from the 355 and towards the 360 in the past. Even the service guys thought the 360 was a better car, and a better deal. I doubt that has changed.

    Would I but a 355 having owned a 360? Nope. Despite the 355 being the sweetest sounding modern Ferrari on the road, I would not put one in my garage. And I'm certain that modern Ferrari buyers who are aware of the cost issues associated with owning one will gravitate towards the 360.

    Could they end up only a few grand apart in price? Yes. And I think that will further spur sales of used 360s, helping to keep them ahead of the 355.

    Just my $.02.

    DM
     
  23. dmark1

    dmark1 F1 World Champ
    BANNED Owner

    Feb 26, 2008
    11,439
    Americas Team Headquarters
    Full Name:
    Mark
    Get your facts straight Bullfighter.

    They made 370 of the CS's for the American Market - about 35% have been destroyed/
    damaged beyond repair by tracking/racing/idiots/. That leaves around 250 cars.

    Their are more ragged out 355's on the market than there are CS's total. That perception will drag down the value for most people as you are just as likely to see a junker as a nice one.

    CS will be the classic. 355 is just a nice production car.

    My opinion....
     
  24. 355

    355 F1 Rookie
    BANNED

    Jan 4, 2005
    3,643
    Toronto
    Full Name:
    Frank
    #24 355, Aug 29, 2009
    Last edited: Aug 29, 2009
    On Monday I followed a 355B on the track and the ass end of a 355 can only be compared to the most beautifull back end on the best women in the world. Yesterday I followed behind a 246 for about 20 minutes and I began to see why nobody wanted to buy these cars in the early 70s. The Dino is nice now because it is rare. But as for looks....forget it. As for the 348...sad indeed. When the drawings came out for that car and were presented to Enzo......He said that Ferrari will never build that ugly car. He died shortly after and they went ahead with the 348 and thus Ferrari stock fell like a rock. The 355 was built and Ferrari made the same sort of comeback that they did on the track with Mike.
     
  25. sambomydog

    sambomydog Guest

    May 23, 2009
    1,380
    Was that in 1999 by any chance?:)
    And the service guys were right, the F360 is a better car. But the F355 is a better Ferrari;)
     

Share This Page