F355 Market | Page 488 | FerrariChat

F355 Market

Discussion in '348/355' started by Robb, May 19, 2015.

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  1. JSinNOLA

    JSinNOLA Two Time F1 World Champ
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    September 15, 2023?!
     
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  2. audi_328

    audi_328 F1 Rookie
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    Lol, that might be a typo..then again it's the October 2023 issue and it's only August o_O
     
  3. Skippr1999

    Skippr1999 F1 Rookie
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    This guy doesn’t get it.
    I drove my 355 F1 Berlinetta for 1.5 hours up to the NC mountains yesterday and then drove my Challenge Stradale for 1.5 hrs down from the NC mountains yesterday.
    Both F1 cars and both mentioned in that article.
    They are both great, but the 355 F1 is more fun.
     
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  4. audi_328

    audi_328 F1 Rookie
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    I dunno; Steve is a well-respected authority when it comes to things Ferrari. Not saying I necessarily agree with him on this one - happy to be on the record saying I have no idea if the 355 will be a half-million dollar car in my lifetime - but I thought it's a valid perspective, a good "data point" for the 355 market thread, plus I like to play a little devil's advocate.

    Of course, the heart wants what the heart wants. If you want a 355, the other cars mentioned in the opinion don't really matter, even if they're faster/cheaper/easier to maintain/etc. I considered those things, but not enough to look for a different model - if they mattered more, I likely would've bought a 328 GTB (wouldn't have needed my arm twisted too hard to seek there, I love em). No one knows how the number people who must have a 355 will change as time marches on; that's what's going to drive the price, as the supply has been established, and can only decrease.
     
  5. Ferrarium

    Ferrarium F1 Veteran
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    In a 348/355 you always feel like your going fast even when your not, that's much more fun that feeling slow in a much faster car. I get on the highway ramp and hit it and my wife yells at me to "slow down!" I say I am only doing 65. :)
     
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  6. ShineKen

    ShineKen F1 World Champ
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    Only reasoning Steve has is “newer is better” and manual 355’s aren’t particularly rare. I believe it is generally agreed newer isn’t always better and that doesn’t just apply to cars. That’s because better is subjective and entails multiple attributes of ownership to consider.

    In regards to rare, I took my Rosso Corsa Scud to an X-mas toy drive car meet once. Had about 100 cars. There were 4 other Rosso Corsa Scuds there. I knew of the owner of one, no clue who the other 3 belonged to. Zero 355’s. That was the last time I took the Scud to a car meet.

    Frequent your local car hot spots and meets. If you don’t spot the variation of your car, it’s rare enough. If I run into another similar 355, chances are I know the owner :). I’ve never seen a 355 GTS/B on the move out in the wild. That’s rare enough for me.

    I find the 355 equally fun as the Scud. Not equally as fast, but good enough (for now). When I’m done upgrading my 355 (with OE Ferrari parts), who knows… I might find it better :).

    Looks-wise the special Ferrari variants look super-model-ish. Like a super model, it’s a certain recognizable size (ex tall and skinny). The 355 is more like the girl next door-look and if you check her out long enough, she’s actually prettier than a super-model, just without the fancy make-up, hair-styles, and lavish outfits. Like comparing Cindy Crawford to Ana de Armas.
     
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  7. Skippr1999

    Skippr1999 F1 Rookie
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    My comment wasn’t regarding which car goes to 500k. I was referencing his claim that people would dump the 355 and move on to the CS and Scud. People in the know, that actually own both, don’t feel that way. The 328 GTB is also a great Xperia CS to drive. That’s why I can’t let that one go either.

    Dino GT
    328 GTB
    355 Berlinetta
    Challenge Stradale

    After those, the only other one I’d want is a Speciale. At 550k, that ship has sailed for me though.

    355 is still the most fun of the bunch. Just wish I could find sport seats and FHP parts.
     
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  8. radback

    radback Formula Junior
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    Actually, the F355 is a supermodel too but from the past.
    To continue with your exemple, a fair comparative would be to face Cindy Crawford vs Kim Kardachian.
    That would illustrate better the style evolution between « classical beauty » from the 90’s to the more « in your face » of actual look…
     
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  9. Mitch Alsup

    Mitch Alsup F1 Veteran

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    You mean comparing someone who actually was pretty against someone who never was ???
     
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  10. radback

    radback Formula Junior
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    Yes exactly !
    Sorry but I don’t like modern Ferraris.

    Old ones has style, today’s ones looks like those bimbos with implants everywhere and ducklips.
     
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  11. audi_328

    audi_328 F1 Rookie
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    That made me actually lol, but I don’t disagree. If I had the money for a new one, I’d be spending it on an old one.

    Plus, they got huge.
     
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  12. johnk...

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  13. WATSON

    WATSON Two Time F1 World Champ
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  14. johnk...

    johnk... F1 World Champ
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    This time $126k.
     
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  15. Wsmatau

    Wsmatau Formula Junior

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    And a data point against the RNM are irrelevant argument.
     
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  16. JSinNOLA

    JSinNOLA Two Time F1 World Champ
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    Wouldn’t it have to actually sell for that to be true?
     
  17. ShineKen

    ShineKen F1 World Champ
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    For some cases the RNM bid is the ceiling … although it appears someone on Pcar is interested in striking a deal with the seller between his $150k reserve and the highest RNM bid.

    Perhaps irrelevant is too strong of a word, but the RNM bid being the absolute ceiling price is simply not a fact.

    If one is curious, start a thread in the general Fchat sections asking, “Has anyone purchased or know anyone who has purchased a RNM car on BAT (or other similar online auctions) for more than the highest RNM bid?”

    I’m sure you’ll come across enough cases. Imo, the more enticing the spec/mileage etc of the car, but auction fell short due to seller attitude, poor presentation, uncertainty, etc… the higher the chance someone is going to want to strike a deal somewhere between RNM bid and the seller’s initial expectations for the car.


    Remember… BAT sets the reserve. That is based on data points and where the car falls in relation on paper (specs/mileage). The higher the reserve, the more disadvantaged they are as they risk their $5k commission for a RNM result. My point, a professional service saw a higher floor price than the RNM bid… meaning if the seller isn’t screwing things up, high chance car should hit reserve.

    Online auctions such as BAT rely heavily on sellers instilling confidence amongst bidders as most are purchasing without having seen/driven/inspected the car. Once buyer confidence is broken, it’s a busted auction. The RNM bid could be a statement to how much someone is willing to pay given the uncertainty and not having seen the car.

    “Given the uncertainty due to your poor presentation of what should be a stellar car this is my highest bid. Perhaps if I’m given the opportunity to see the car in person and establish a higher level of confidence upon inspection, only then am I willing to increase my offer.”
     
  18. ShineKen

    ShineKen F1 World Champ
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    https://bringatrailer.com/listing/1995-ferrari-f355-berlinetta-10/

    Probably worth noting… if you followed the auction live towards the end… “BOOOM” placed a last second bid at 1:15 pm pst for $142k. Had he not placed that bid, this RNM auction would have ended at $141k. Hence, @johnk’s remark, “LOL. Right on schedule” … pointing out the comedic effect of the bidder’s name and his last second surprise bid.

    J.mora, the highest bidder didn’t even bother to enter the action until 1:26 pm, 11 mins later. Did he fall asleep? Didn’t care enough initially, then decided to care? My point, how serious or accurate is the bidding really that far off from expected reserve? … and people want to use that number as an absolute ceiling??

    The reserve on the 30k Blu Berlinetta was around $140-150k. What does one think the reserve on a 10k mi manual Rosso Corsa Berlinetta is on BAT??


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  19. Tarek307

    Tarek307 Formula 3
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    I hate to say it, but this cars problem is the seller....it seems like a good car. now he's put it out there on 2 online auctions, both with pretty much similar results, not very good for a cars rep when googling its vin.
     
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  20. johnk...

    johnk... F1 World Champ
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    RNM is not irrelevant. Bottom line is that no one in the auction other than the last bidder was potentially willing to pay more. When you have 4 bidders (red car) and 3 say no more, it says something about the perceived value. There's always someone who will over pay.

    Interesting to see where the yellow GTS will end. Was repainted because some panels didn't match well? Why were those panels painted in the first place?
     
  21. johnk...

    johnk... F1 World Champ
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    I agree, but still, you are buying the car, not the seller. ;)
     
  22. johnk...

    johnk... F1 World Champ
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    1) My point was that it's very typical for a new bidder to enter at the last minute on BAT. I've watch enough winding down to see that. Hence "Right on time".

    2) Without BOOM, I doubt the auction would have ended at $141. There were 3 other bidders still in the game after BOOM entered. Since they collectively pushed to bid to $155k I think it's safe to assume that one of the other would have raise the $141k bid.
     
  23. Mitch Alsup

    Mitch Alsup F1 Veteran

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    What we need is a 458 motor in F355 chassis.

    And, yes, screw the nannies.......
     
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  24. ShineKen

    ShineKen F1 World Champ
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    Check the sequence of bidding again. It was a bidding fight between RJJ and SDL sub $141k. RJJ was highest bidder at $141k. SDL didn’t outbid him for a whole 2 min. He was done (for the time being). BOOOM saved the auction last second. 2 min later SDL decides to re-engage. Only 1 new bidder active after BOOOM and he was super late.

    All circus bidding imo, which is what it usually is far off from reserve.
     

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