355 spider value | FerrariChat

355 spider value

Discussion in '348/355' started by Orthoferrari, Oct 17, 2009.

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  1. Orthoferrari

    Orthoferrari Karting

    Feb 29, 2004
    72
    Clearwater, Florida
    Full Name:
    Chris
    #1 Orthoferrari, Oct 17, 2009
    Any thoughts on what my very clean 355 spider red/ black with 13,000 miles and major done 10/2007 is worth. Dealers have been giving me quotes of 35-40 on trade with them going for 45-50 retail. Any thoughts. Has the 355 market gone that far down?
     
  2. Simon^2

    Simon^2 F1 World Champ

    Oct 17, 2005
    12,313
    At Sea Level
    #2 Simon^2, Oct 17, 2009
    sounds about right. And considering it's almost november selling now could be even more challenging...
     
  3. gothspeed

    gothspeed F1 World Champ

    May 26, 2006
    10,244
    U.S.A.
    Full Name:
    goth
    #3 gothspeed, Oct 17, 2009
    It really depends on the condition and how many bugs have been worked out. A thorough PPI with compression, leak-down should give a fair account of the engine condition. I would think a solid PPI and unabused condition .......... $60k would be a fair price.
     
  4. roadracer311

    roadracer311 Formula 3

    May 6, 2009
    2,398
    San Francisco
    Full Name:
    Paul
    #4 roadracer311, Oct 17, 2009
    I think the $45k to $50k retail is low, if the car passes a PPI/leak down. I would say $55k depending on the year, over all condition and how much time you are willing to put into selling it. Maybe as much as $60k if it's had recent cats, or headers, or valve guides done. Not that ebay reflects the real world, but you can look up completed sales there and see what the prices are for folks who have sold them recently. Prices on ebay tend to run a little low, because the ebay price is the sell-it-in-a-week price. Or sometimes the cars get listed over and over at lower prices until they hit the sell-it-in-a-week-price.

    I've been researching purchasing a 355 for about a year now, so I've been following the market closely.
     
  5. Dohangs

    Dohangs F1 Rookie
    Owner Rossa Subscribed

    Oct 31, 2008
    3,092
    Florida
    Full Name:
    Spiro
    #5 Dohangs, Oct 17, 2009
    What year is the car?
     
  6. AceMaster

    AceMaster Three Time F1 World Champ

    Feb 6, 2009
    34,560
    Ontario, Canada
    Full Name:
    Mike
    #6 AceMaster, Oct 17, 2009
    +1....when is it due for a major? Were the valve guides sorted?
     
  7. J. Salmon

    J. Salmon F1 Rookie
    Owner

    Aug 27, 2005
    4,363
    VA
    #7 J. Salmon, Oct 17, 2009
    That may be the market, but I think it is a little low. I can tell you that I would not part with my car for that little. But I don't have to sell it.

    That's the big problem. The market is so low, that it is hard finding a buyer at any price. If you are having a fire sale, it is going to be ugly.
     
  8. marcello2

    marcello2 Karting
    BANNED

    Jul 6, 2007
    135
    HK
    Full Name:
    marcello pipes
    #8 marcello2, Oct 18, 2009
    Last edited: Oct 18, 2009
    In a word yes.and its due for a major in one year.I love it at 35. Hate it at 40.PM me if interested in selling
     
  9. 348SStb

    348SStb F1 Rookie
    Owner

    Apr 9, 2004
    2,991
    Palm Beach County, FL or Nassau County, NY
    Full Name:
    Dave
    #9 348SStb, Oct 18, 2009
    35-40 trade?

    45-50 retail?

    That is insanity.

    It's certainly nowhere near the market for top-level 355s Spider. Maybe for sh*t ones. And we all know there's a lot of sh*t out there.
     
  10. Orthoferrari

    Orthoferrari Karting

    Feb 29, 2004
    72
    Clearwater, Florida
    Full Name:
    Chris
    #10 Orthoferrari, Oct 18, 2009
    This is not a poor one.
    1. It is excellent shape
    2. It has low mileage(under 14,00)
    3. The interior is in excellent shape with no wear or shrinkage, top works great and is in as new shape
    4. It has hypertech cats and a brand new Capristio exhaust
    5. The major was done 10/07 so it has 3 years left not 1. The clutch was replaced in 04
    6. It has brand new Goodyear F1 tires
    7. It is a very late 95(stamped September 95) and according to my mechanic theses issues were already taken care of.
    8. It was just checked and inspected by Ferrari of Tampa bay 6 months ago.
    Only negatives, it has minor scrapes under the nose and I don't have the owners manual.
    I don't have to sell it, I just get bored with cars a lot. I just don't have room in my garage for any more cars. If I have to I will just keep it, I am not going to take any lowball offers as it is one of the nicest 355's you will find.
     
  11. 355

    355 F1 Rookie
    BANNED

    Jan 4, 2005
    3,643
    Toronto
    Full Name:
    Frank
    #11 355, Oct 18, 2009
    Your right. Those numbers are way off. That car is worth close to 60 and maybe better.
     
  12. marcello2

    marcello2 Karting
    BANNED

    Jul 6, 2007
    135
    HK
    Full Name:
    marcello pipes
    #12 marcello2, Oct 18, 2009
    PM sent 35k that's it.Offer good for 24 hrs
     
  13. Orthoferrari

    Orthoferrari Karting

    Feb 29, 2004
    72
    Clearwater, Florida
    Full Name:
    Chris
    #13 Orthoferrari, Oct 18, 2009
    lol
     
  14. dm_n_stuff

    dm_n_stuff Four Time F1 World Champ
    Lifetime Rossa Owner

    Dec 10, 2003
    42,123
    38.89780987025799, -77.03650834642602
    #14 dm_n_stuff, Oct 19, 2009
    OK, data gathered, Marcello is turning this one into a farce.

    thread closed,

    DM
     

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