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

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    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

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    Call State Farm. My 06 STS is a salvage title and they insured it no problem.
     
  3. dwil

    dwil Karting

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    Hagerty insured it for agreed value for around $500/yr.
     
  4. Eric C

    Eric C F1 World Champ BANNED

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  5. FandLcars

    FandLcars F1 Rookie

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  6. Eric C

    Eric C F1 World Champ BANNED

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    Correct, but it still seems like a fair price.
     
  7. Huskerbill

    Huskerbill F1 Rookie

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    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.
     
  8. Huskerbill

    Huskerbill F1 Rookie

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    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.
     
  9. FandLcars

    FandLcars F1 Rookie

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    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.
     
  10. MBFerrari

    MBFerrari F1 Veteran

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    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
     
  11. plugzit

    plugzit F1 Veteran Silver Subscribed

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    Preachin' Gospel!!!! Say Amen Brother!
     
  12. Eric C

    Eric C F1 World Champ BANNED

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    A salvage title doesn't automatically morph the car into a ford.
     
  13. AceMaster

    AceMaster Three Time F1 World Champ

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    You mean a "chevy"....
     
  14. Eric C

    Eric C F1 World Champ BANNED

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    either or........ :)
     
  15. Eric C

    Eric C F1 World Champ BANNED

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