1998 355 for Sale-- What is it worth ? | Page 2 | FerrariChat

1998 355 for Sale-- What is it worth ?

Discussion in '348/355' started by captglen, Apr 27, 2010.

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  1. AceMaster

    AceMaster Three Time F1 World Champ

    Feb 6, 2009
    34,770
    Ontario, Canada
    Full Name:
    Mike
    +355/348 :)
     
  2. rllucero

    rllucero Formula Junior

    Jul 11, 2006
    559
    Santa Fe/San Diego
    Full Name:
    richontravel
    Curious to see how this works out for you. I'm also thinking on selling my '98 355 GTB F1 with 11k miles. I was thinking in the mid-60s?
     
  3. 285ferrari

    285ferrari Two Time F1 World Champ
    Sponsor

    Sep 11, 2004
    20,953
    MD and NE
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    Robbie
    Haven't listed it for that price yet----Will do so soon---Last year had it listed for $67K and got nothing for a serious buyer.... As soon as I find time to sit down and make a good ad, I will lsit it--Stickynomore has been kicking my butt lately and I have no time for anything else....
     
  4. AceMaster

    AceMaster Three Time F1 World Champ

    Feb 6, 2009
    34,770
    Ontario, Canada
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    Mike
    That's a good thing :):) The type of butt-kicking we all could use ;)
     
  5. TRScotty

    TRScotty F1 Rookie
    Owner

    Oct 12, 2006
    2,505
    Tyler, Texas
    Full Name:
    Scotty
    Thanks, Scott, but mine is going to be mine forever, God willing.

    I agree that Robbie has the nicest F1 GTB on the market.

    A real buyer will seek out the best cars, a seller just has to be patient.
     
  6. striker27

    striker27 Karting

    Feb 22, 2008
    84
    canada
    Full Name:
    andy
    I have to agree that a buyer will seek out the best available vehicle. But eventually if you want to buy a new toy which is what cars such as these fall into you end up buying what is available. I have in the past shipped a car across the country but I doubt I would real bother shipping a car from coast to coast now. Or in my case something like California to Canada. The 348 and 355 have become fairly inexpensive and though great ones are available will one really want to search it out????

    I like to tinker and do get in way over my head. I have bought salvage cars questionable cars and just some down right pieces of junk in the last 20yrs. But they have in some way always been fun for me. I doubt I make money on them or come out ahead but I really do not care. If the car is going to be a track toy do you want the best available.... I mean pushing it into the corner would you not want to get just a bit of contact with the next guy. The rules and fines be damned!!!!
     
  7. Gershwin

    Gershwin F1 Veteran

    Feb 21, 2005
    6,415
    Kentucky
    $48k

    no mention of major
    no mention of headers
    bone stock
     
  8. AWESOME

    AWESOME Karting

    Jan 29, 2009
    189
    Burlington, VT USA
    Full Name:
    Matt L.
    I say offer him 50K and see if/how he counter offers. But, I wouldnt expect to get it any lower and def expect to pay 55-60, unless it needs maintenance work, which can be pricey quick, obviously...
     
  9. captglen

    captglen Formula 3
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    Nov 25, 2007
    1,790
    West Palm Beach, Fl
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    Glenn L.
    #34 captglen, May 2, 2010
    Last edited by a moderator: Sep 7, 2017
    Anyone know of a reputable shop that will do a PPI on a 355 in The Burlington, NJ area ??
    Any hints on what to look for ?

    I saw car it looks pretty darn good-- No cruise of coursebut it has wavy console
    ( stickynomore), some scuffs on the seat bolsters, He said the top would not go all the way up... I expressed concern and he said he thinks it just needs to be bled so is another issue. There is no paperwork so I worked in a complete Belt and engine service.
    Pass Air bag has ripples, not sure if that can be fixed or you have to replace,

    Paint looks fresh, Has the CF rear, Tires are it great shape and car drove fabulous. Shifted
    good and sold and engine bay looks clean but lets see what a PPI produces. I have very little room to negotiate since he say he could always take the car to the auction and get what I am paying and he doesn't really need to do anything to the car to boot.

    I have bought otherr Ferrari's from him and he knows that I will buy more if he does the right thing. I have confidence in him as well.
    But we will see.
    Here are the pics:
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  10. captglen

    captglen Formula 3
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    Nov 25, 2007
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    Glenn L.
  11. eulk328

    eulk328 F1 Rookie

    Feb 18, 2005
    2,800
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    F683
    #36 eulk328, May 2, 2010
    Last edited by a moderator: Sep 7, 2017
    This is what the backside of the pass. airbag cover looks like AFTER removing it from the actual airbag module by drilling out 10 rivets. Ignore the 3 rods. They're something I did for permanent air bag deletion.

    I imagine you would have a hard time replacing the leather from scratch (matching etc.). Maybe you could remove the old leather and re-glue it tighter and WITHOUT drilling out rivets to remove it from the module.

    New or used air bag is probably $$$
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  12. 2NA

    2NA F1 World Champ
    Consultant Owner Professional Ferrari Technician

    Dec 29, 2006
    18,221
    Twin Cities
    Full Name:
    Tim Keseluk
    #37 2NA, May 2, 2010
    Last edited: May 2, 2010
    The top can be a "budget buster" if there's trouble. Make sure it works.

    Recovering the airbag isn't a big deal.

    It isn't necessary to disassemble it.
     
  13. 285ferrari

    285ferrari Two Time F1 World Champ
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    Sep 11, 2004
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    Robbie
    +1---Plenty of guys have had this done with great success...
     
  14. captglen

    captglen Formula 3
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    Its the top that worries me
     
  15. eulk328

    eulk328 F1 Rookie

    Feb 18, 2005
    2,800
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    F683
    No direct experience but those tops seem like somewhat complicated beasts. Is the front hood being propped open?? If so, perhaps a bit too much deferred maintenance here and there..........
     
  16. TRScotty

    TRScotty F1 Rookie
    Owner

    Oct 12, 2006
    2,505
    Tyler, Texas
    Full Name:
    Scotty
    +355

    Kinda' what I was thinking. If the hood struts don't work, what ~else~ is wrong??
     
  17. RossoCorsaItaly

    RossoCorsaItaly F1 Rookie
    Rossa Subscribed

    Jun 9, 2004
    4,682
    LA & OKC
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    Kevin
    The car won't bring much money at the auction. It will bring mid to high $40's. I would let him take it there and get disappointed and then make him an offer higher then auction, but more fair in your favor.

    But if at all possible I would stay away, if simple cheap maintenance is deferred I'm sure the major expenses were overlooked as well.

    I payed top dollar for my cream puff 355F1 and I am a dealer with auction access. I was able to put many trouble free miles on my 355. Now 5 years and nearly 30,000 miles later I am just having to do some minor maintenance here and there. My car is no longer a cream puff but I know how to the auction cars usually run and how band-aided together they are.
     
  18. captglen

    captglen Formula 3
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    Thank You for the input, You make alot of sense
     
  19. yronZFF

    yronZFF Formula Junior
    Owner

    Dec 21, 2009
    749
    FIVE-O
    Full Name:
    Ron
    I'm not sure if it just needs to be bled, but when I bought my F355 Spider, the seller was honest and said the top wasn't working properly and the Ferrari dealer quoted the fix at about $4500 to $5000 for new parts and labor. I lowered the asking price by factoring in $5000 (plus a bunch more) and got the top fixed at the dealer.
    Make sure you factor enough for the fix!
     
  20. Quadcammer

    Quadcammer Formula Junior

    Jun 29, 2005
    500
    Clifton, NJ
    Full Name:
    Oliver
    so this is steve at interstate motorsports?

    maybe algar ferrari in philly?
     
  21. ratso70

    ratso70 Karting

    Jun 1, 2007
    52
    Brooklyn
    Full Name:
    Greg S
    Looks like this car is registered to be at the Manheim dealer auction on Thursday. I guess you decided to pass...
     
  22. captglen

    captglen Formula 3
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    Nov 25, 2007
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    I decided to pass, It needs some work and what I have is pretty much perfect
     
  23. captglen

    captglen Formula 3
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    Nov 25, 2007
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    Glenn L.
    Hey Greg,
    Can you PM me what it sells for, I am curios
     
  24. jmiff348

    jmiff348 Formula 3
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    Nov 30, 2006
    2,369
    Texas, USA
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    Jarrett
    You said it brother. It doesn't get much better than a 348. :)
     
  25. ratso70

    ratso70 Karting

    Jun 1, 2007
    52
    Brooklyn
    Full Name:
    Greg S
    will do...the sale is tomorrow
     

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