was't looking to purchase a 348... | Page 2 | FerrariChat

was't looking to purchase a 348...

Discussion in '348/355' started by dwil, May 18, 2009.

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  1. gothspeed

    gothspeed F1 World Champ

    May 26, 2006
    10,244
    U.S.A.
    Full Name:
    goth
    You need one more than you know ....... unfortunately well cared for examples are harder to find ............. :eek:

    After installing my new exhaust ... my 355 has been transformed from awesome to phenomenal!!! The engine heat is waaay down and the throttle response ... is just incredible ........................... :D!!!
     
  2. hotrod406

    hotrod406 Formula Junior

    Sep 18, 2007
    540
    Grand rapids area,MI
    Full Name:
    Tim
    Call State Farm. My 06 STS is a salvage title and they insured it no problem.
     
  3. dwil

    dwil Karting

    Nov 8, 2003
    114
    ozarks
    Full Name:
    Dave Wilson
    Hagerty insured it for agreed value for around $500/yr.
     
  4. FandLcars

    FandLcars F1 Rookie

    Aug 6, 2006
    3,057
    Tempe, Az
    Full Name:
    Rick Schumm
  5. Eric C

    Eric C F1 World Champ
    BANNED

    Mar 20, 2009
    11,136
    St. Louis, MO
    Full Name:
    Eric
    Correct, but it still seems like a fair price.
     
  6. Huskerbill

    Huskerbill F1 Rookie

    Sep 6, 2004
    4,126
    Oconomowoc, WI
    Full Name:
    Bill


    Who cares?

    Worst case scenario is that you drive it, put a TON of miles on it and sell it for what you paid. Even if you sold it later for $22k (you could sell it in about 10 minutes on Ebay for that price) and owned it for 4 years, you would have basically driven a 348 around for about $85/month. You can't drive an '83 Honda Civic around for that much.
     
  7. Huskerbill

    Huskerbill F1 Rookie

    Sep 6, 2004
    4,126
    Oconomowoc, WI
    Full Name:
    Bill
    I agree. Don't know why he took it down. I saw it one morning and put the number in my cell phone. Later that day, the ad was gone.
     
  8. FandLcars

    FandLcars F1 Rookie

    Aug 6, 2006
    3,057
    Tempe, Az
    Full Name:
    Rick Schumm
    I"m pointing out that it sold that cheap because of the Title, so that some who just casually follow the market don't think prices for most 348's are in that range. However, personally, I can't think of a modern Ferrari I'd buy with a salvage title. I think many here agree with me, so if you want to sell a car with salvage title, it's that much harder since you eliminate many potential buyers. But everyone has their opinion.
     
  9. MBFerrari

    MBFerrari F1 Veteran

    Jul 2, 2008
    6,057
    NoVA
    Full Name:
    Matt B
    You better bring one of them over and we will optest them side by side...:p:p:p

    Sounds like a good afternoon, eh?

    MB
     
  10. plugzit

    plugzit F1 Veteran
    Silver Subscribed

    Dec 1, 2004
    7,811
    Redondo Beach, CA
    Full Name:
    Bruce Bogart
    Preachin' Gospel!!!! Say Amen Brother!
     
  11. Eric C

    Eric C F1 World Champ
    BANNED

    Mar 20, 2009
    11,136
    St. Louis, MO
    Full Name:
    Eric
    A salvage title doesn't automatically morph the car into a ford.
     
  12. AceMaster

    AceMaster Three Time F1 World Champ

    Feb 6, 2009
    34,793
    Ontario, Canada
    Full Name:
    Mike
    You mean a "chevy"....
     
  13. Eric C

    Eric C F1 World Champ
    BANNED

    Mar 20, 2009
    11,136
    St. Louis, MO
    Full Name:
    Eric
    either or........ :)
     

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