355 Price - Needs Major

OK - first official post here. Looking at 355GTS w/ 16K and needs major (last one done 4 years ago). Cosmetically and mechanically excellent. I'm thinking somewhere in the mid $40K's. Sound about right?

 

Don't post here, it's worth half of whatever you think it is in ferrarichatlandofdreamers
buy it, before someone else does. and whatever you do don't post the link to the for sale link or dealers website

 

mid 40's a great price on a gts. unless it's a really odd color like verde

 

I'm just about positive it is. Mid 40's with low miles is an excellent price.

 

This one is Azzuro / Blue, so color may be holding it back a bit.

 

Check the background here: http://www.ferrari355registry.com/Ferrari_EnterVin.asp

Use the last six digits of the VIN number. It may be in the database and perhaps you may learn something about it.

 

When I was searching for my GTS this time last year even ones that needed a major were still -asking- 55-65k.

I think if you could pick one up for mid 40's it would be a steal.

 

GTS hols their value much better than the others. I dont think Ive ever seen a solid example as low as mid 40s....so if its solid and you can get it there i would snatch it up.

More typically they are mid 50s to mid 60s

 

good price, buy it. If not, post the link so someone else can buy it. Good luck.

 

What year? Are you "thinking" mid 40s, or is that the price?

I doubt you can get a good one for that. Mines not going anywhere for less than $75k.

 

Man, this economy is killing ... a 355GTS with 16K in the middle 40's ? Wow! I paid more for my 348 just 2 years ago ...

 

value all depends on the point of view eh? I would NEVER let my car go at $45k, even though there's lots of low ballin' tire kickers swarming at that price point. Gauging the market and my car's condition / maintenance I'd let it go for $60k maybe. Maybe it wouldn't sell quick or at all, but I'm not in a rush. Mid $40's for a PERFECTLY maintained GTS is a dream for the buyer, jump on that if you find a distressed seller. But keep in mind...IF a seller is looking to sell quick to raise $, do you think it was well maintained? Only records and a PPI will tell....

Good luck with the search...driving a 355 is truly automotive bliss

 

That's not the price... That what the OP "thinks" the price should be...

THIS IS HOW INTERNET RUMORS START!

 

Edward if I understand you right, your a non-subscriber telling others not to post here or seek advice and you refer to it's members as "landodreamers". Hmmm, 1st of all WELCOME RSAMERICA1 to Fchat, 2nd please don't listen to Edward's advice as I don't believe this to be sarcasm, and lastly it is safe to mention it in the way you did to keep the snipers away.

Fchat can be a very important tool to you RSAMERICA1 in finding a well sorted jewel, parts and service sourcing, getting advice (especially on being a stooge (what we call a do-it-yourself-guy), and just good o'le friendships. I encourage you to become a subscribed member as you get access to private chats people like Edward cannot access.

And as for you Edward, IF you are reading along as I bet you are, a new member quite possibly takes everything in the literal sense meaning even if you were joshing around, you send a bad first impression to a person who has only posted a thread once and a response to it once. Talk about sending out a bad first impression of Fchat, and poor judgment on your behalf. If it's such a terrible place, perhaps you should find something better to do with your time

 

Just reviewing all the comments here - thanks. And thanks Tony 348 for the backup - I did not take that first post seriously at all. I did not mean to start any rumors, but both my thought on offer price and the price to buy (on good authority) is mid-$40K's. Car is privately owned and not being advertised. Of course I expected there to be some who think their cars are worth considerably more, and likely are. I was just trying to get a relative read from the experts here on whether this was completely out of line, and mostly to make sure it was not too high, given the fact that it needs a major service. Regardless of color, even with the service needed, it appears that it is certainly not too high. I am familiar enough to know that with any car like this, it is condition, mileage, records/service history, color, ownership history that determine true value. Add the emotional side and you end up with $75K+. I will be certain to inform the board here should this go through.

Cheers

 

+1

 

Offers for a car like that in the mid 40s only come from dreamers.