Please help me decide on a F355 | FerrariChat

Please help me decide on a F355

Discussion in '348/355' started by skierlawyer, Jun 8, 2011.

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  1. skierlawyer

    skierlawyer Formula Junior

    Sep 12, 2010
    385
    Golden, CO
    Full Name:
    Brian
    #1 skierlawyer, Jun 8, 2011
    Last edited: Jun 8, 2011
    I have been looking to purchase my first Ferrari. I have decided on the F355 after considering that and a 328. I have been struggling with deciding on which body style I want. I looked at spiders and a berlinetta so far. I really love the lines of the berlinetta but I really enjoy open air motoring and have ruled it out. I think my ideal car would be a GTS, best of both worlds, on paper at least. The problem so far in my search has been that very few GTS seem to be for sale. I found this one:

    http://www.sportauto.us/02%5Finventory/ferrari/1997%5FFerrari%5FF355%5FGTS%5FRed%5FLL023/

    I spoke with the seller and the car needs a major service, last one was 10K miles ago but 5 years ago. It has never had its valve guides done or exhaust manifolds. He said his bottom number on the car is $55K.

    On the other hand, I have a friend with a Spider in the same color combo with the same miles that had its major service last summer done with Hill bearings ect., had its valve guides and exhaust manifolds done, and top ecu done, its a sorted car. He will sell it to me for the same price I could get this out of state GTS for.

    Here are my questions:
    Why are so few GTS cars for sale?
    Is the GTS a more sought after body style?
    Are there concerns with getting a GTS?
    Do GTS sell for more that the other body styles?
    Should I go for the spider that I know the history on?

    I have read most of the info already on the forum, so I am somewhat educated on these cars, but any advice is much appreciated.
     
  2. yelcab

    yelcab F1 World Champ
    Consultant

    Nov 29, 2001
    13,662
    San Carlos, CA
    Full Name:
    Mitchell Le
    Few GTB and few GTS because people like those cars and they tend to keep them longer. In general speaking, get the devil you know versus the devil you don't know. Finally, if you love open air, buy the spider.
     
  3. 355dreamer

    355dreamer F1 World Champ
    Owner

    Apr 3, 2006
    10,476
    DC Metro
    Full Name:
    L.C.
    To answer your questions...
    Yes
    Yes
    No
    Yes
    No

    :)

    By the way, pm me if you are looking for a GTS.
     
  4. AceMaster

    AceMaster Three Time F1 World Champ

    Feb 6, 2009
    34,785
    Ontario, Canada
    Full Name:
    Mike
    How can the answer to his first question be a "yes or "no" answer? :p :)
     
  5. Bimini

    Bimini Rookie

    Aug 6, 2009
    31
    South Florida
    Full Name:
    Grant Hawk
    I went through the same problem of trying to decide what to buy. I started off thinking 308, then my wife tried to talk me into a TR. After reading the forms and going nuts it finally came time to actually buy something. Like everyone suggests, drive a few different Ferrari's first and you will find one you fall in love with. You can read everything written but your heart will tell you which one is for you. I did find that the money you spend to get a really nice car that has been loved and taken care of will be worth it. And you must have a PPI done on your pick. Good luck and I hope you end up as happy with your Ferrari as I am with my 355.
     
  6. rllucero

    rllucero Formula Junior

    Jul 11, 2006
    559
    Santa Fe/San Diego
    Full Name:
    richontravel
    You are too technical :)
     
  7. Frari

    Frari Formula 3

    Nov 5, 2003
    1,194
    brisbane australia
    Full Name:
    tony
    There are fewer for sale because they made fewer of them I had a GTS and it was a wonderfull combination of hard top and soft top. Chassis a bit stiffer than the spider if you want to do any track work. My car had the optional colour combination roof which I liked more than the black textured.
     
  8. ghardt

    ghardt Formula 3

    Apr 18, 2004
    1,260
    Texas
    Full Name:
    Jerry
    A GTB is the most desireable in my opinion and the most rare. Spiders are hot, loud, leak, and were produced in greater numbers. Hold out for what you really want. Lots of 355s for sale. Be patient my friend. Are you REALLY going to have the top off?
     
  9. m5guy

    m5guy Formula 3

    Aug 17, 2008
    1,627
    Ventura, CA.
    Full Name:
    Greg
    You have the opportunity to buy a fully serviced Spider with 29K miles at $55K? What are you waiting for? Pull the trigger and never look back. If you don't like the car, just turn around and sell it for what you paid. That's an excellent price for (based on your own description) a sorted car with a known history.
     
  10. Night life

    Night life F1 Veteran
    Silver Subscribed

    Dec 1, 2007
    7,309
    The city that rhymes with fun in Canada
    Full Name:
    Roberto
    Like my women I prefer them top down just sayin :D
     
  11. greyboxer

    greyboxer F1 World Champ

    Dec 8, 2004
    12,705
    South East
    Full Name:
    Jimmie
    And the major on the dealer car is going to be ten grand - as above the spider feels a way better offer
     
  12. Monteman

    Monteman Formula 3
    Rossa Subscribed

    Feb 9, 2006
    2,348
    Santa Barbara, CA
    Full Name:
    Monte
    #12 Monteman, Jun 9, 2011
    Last edited: Jun 9, 2011
    +1

    Seems like a no brainer. To replace the headers, valve job (if it needs it) and the major is going to be around $15K so now you've got $70K into the GTS and still aren't certain what else you may run into. The Spider appears to be a known quantity since you know the owner and the car. Only word of caution. Just because it hasn't had a valve job means that it needs it. There is no real 100% certain way of knowing if it got the good/bad valve guides so if it's gone to 29K miles without them. I assume they were either replaced before your friend bought the car or it has the good ones. My car has 37K miles and still on the original valve guides and we just did a thorough major last year at one of the top shops in the country which verified they were fine.
     
  13. cheny4

    cheny4 Karting

    Feb 15, 2009
    130
    No VA
    Full Name:
    Cheny Y.
    I agree with Monteman wholeheartedly. My spider passed a PPI but 4k miles later needed a valve job. Just finished a complete engine rebuild at $25k. With the new Tubi headers and exhaust I put in and new clutch I would not dream of selling it ($55k or otherwise). Nothing like the feeling of the wind tussling your hair or polishing your pate as is my case!!
    Cheny
     
  14. full_garage

    full_garage Formula 3
    Owner

    Feb 15, 2010
    2,241
    Sarasota Florida
    Full Name:
    Jay
    I strongly suggest you get some seat time in one of each- very different experiences.

    Gtb is the driver's car- they are very, very tight and the handling is noticeably crisper but no top down sunny day fun- Gts a wonderful compromise but the tops can be noisy and leak and there is a noticeable lessening of body stiffness- Spyder even more so- tops can be noisy and leaky and have been known to jam- but of course nothing like a convertible in the nice weather!

    I was 100% looking for a Spyder but wound up with a Gtb after driving a not very good one at FoNE, but was amazed at how tight and quiet the car was at speed - so I went out and found a decent one.
     
  15. Rorie

    Rorie Formula Junior

    Oct 2, 2007
    459
    Toronto, Canada
    Just like all the others, my advice is buy the car you know and has been taken good care of. Spiders are great.

    The cost of buying a 355 is part of the equation, the other part is the cost to get it up to snuff, or maintain it. And in the case of the GTS, that is an unknown.

    R
     
  16. Sushimon355

    Sushimon355 Formula Junior

    May 27, 2009
    533
    Dallas, TX
    Full Name:
    Wade
    Funny, I bought my GTS from Steve over there almost four years ago and I had a very good experience with those guys. Back then, his prices were a bit out there but nothing a little negotiating couldn't remedy.

    Anyway, I'd echo what many of my peers here are saying. Get some driving time in each one then decide. I'd also tell you to take your time and find the right car for you. Other cars will come on the market down the road for sure and time is on your side so be patient. It took me several months to find the right car but it was definitely worth the wait.

    As for the GTS/GTB/Spider question, I can't imagine owning anything but a GTS but I'm clearly biased. My top doesn't really make much noise and it has never leaked, though I've only driven it in the rain once. I love the optionality of the GTS and the looks are hard to beat both with and without the top on.

    Best of luck with your search!
     
  17. Sandy Eggo

    Sandy Eggo F1 Rookie
    BANNED

    Jun 4, 2009
    3,636
    Encinitas, CA
    Full Name:
    Rick
    +1 for GTS, being biased, and not squeaking or leaking (the top, not me)

    There were approximately only 2,500 GTS ever made. Berlinettas were about the same - maybe a couple hundred difference. Spiders were nearly 4,000, if memory serves. It's all on the wikipedia page if you care to dig it up (and trust the source!).

    Agree with previous posts that B and GTS owners tend to hold their cars longer for whatever reason...making them even harder to find on the market.

    The GTS is the perfect compromise between the B and the Spider. Then again, see, I don't even really consider it a compromise. I've tracked my GTS several times and never thought for a second that I'd rather have the B for 10% more structural rigidity (or whatever it is). The B does have the cleanest lines though - I'll concede that.

    The GTS is a relatively unique design. How many "targa top" cars are there in the world? Not too many. It's just damn cool. Oh, and the sound...jaysuz. Right after "looks", that is why most people buy the car...so pop the top and listen to it in all its glory. Put the lid back on if you need to travel a little more incognito or face inclement weather.
     
  18. skierlawyer

    skierlawyer Formula Junior

    Sep 12, 2010
    385
    Golden, CO
    Full Name:
    Brian
    #18 skierlawyer, Jun 9, 2011
    Last edited: Jun 9, 2011
    Spoke to Steve from Sport Auto, he said a recent compression test on the GTS showed between 140-175psi. He is willing to sell the car at $51.5K. Thoughts??
     
  19. yelcab

    yelcab F1 World Champ
    Consultant

    Nov 29, 2001
    13,662
    San Carlos, CA
    Full Name:
    Mitchell Le
    140 seems a little low for a 355. But, we need to know the conditions under which the car is tested.
     
  20. RandyDean

    RandyDean Karting

    Sep 13, 2010
    62
    #20 RandyDean, Jun 9, 2011
    Last edited: Jun 9, 2011
    I personally would walk away from a 355 showing 140psi, anything below 160psi on a 355 is really too excessive to me. You also want to know the leakdown % on each cylinder.

    Heres some excellent reading for you if youre looking to buy a 355.
    http://www.the355.com/mambo/index.php
    http://ferrarichat.com/forum/showthread.php?t=5554

    My mechanic has been working on Ferraris since the early 70s and isnt a big fan of the 5 valve heads except for all the money he says theyve brought him. He says the 355 has been one of his best sources of income. There are lots of arguments too and fro from owners that have had no problems and the second link is a good discussion on it.

    Also make sure the car has good front engine mounts. There has been a problem with 355s catching fire and a recall was made twice for fuel fittings but another addition to that problem is a worn front engine mount causing problems for the fuel fittings. Read this link on that subject from a Ferrari race and road mechanic. (not my personal mechanic)
    http://aussieexotics.com/forum/msg,131496/ferrari/1999-ferrari-f355-spider-2499km-8979.30.html

    Hope that helps you learn some more for your search for the perfect car for you.
     
  21. johnk...

    johnk... F1 World Champ
    Owner

    Jun 11, 2004
    11,276
    CT
    Full Name:
    John Kreskovsky
    Variation is too great. Suggests one or more cylinders may have a problem.
     
  22. fmech

    fmech Rookie
    BANNED

    Apr 27, 2011
    30
    that's a $30,000/355/ needs another strong engine

    j
     
  23. Frari

    Frari Formula 3

    Nov 5, 2003
    1,194
    brisbane australia
    Full Name:
    tony
    Ditto, my top never leaked and rarely made any squeaks. I kept it adjusted and every now and then used a rubber lube on it.It is the best of both worlds, rarer than a GTB and more functional than a spider
     
  24. Monteman

    Monteman Formula 3
    Rossa Subscribed

    Feb 9, 2006
    2,348
    Santa Barbara, CA
    Full Name:
    Monte
    Definitely need a leak down. To me anything more than a 10% deviation is a red flag and this is well outside that parameter. I suspect the leak down is not going to be good and down on at least one cylinder. Most people think this just means that valve guides are bad but it can also indicate a worn cylinder liner. If it's still on stock headers and one of them leaks you end up with cylinder wash and then it gets real expensive real fast. A worn cylinder liner = engine rebuild = $25K.
     
  25. m5guy

    m5guy Formula 3

    Aug 17, 2008
    1,627
    Ventura, CA.
    Full Name:
    Greg
    #25 m5guy, Jun 9, 2011
    Last edited: Jun 9, 2011
    Adding to what Monte said, I remember my compression numbers from my PPI/start of 30K service as I was standing at the back of the car watching the gauge to make sure it had reach max value after the engine was turned over at least 3 time for each cylinder. (Other conditions: engine warmed up prior, plugs out of course, no oil squirted into cylinder.) Mine were all reading 205 to 210. The 140-175psi spread could mean that they didn't get a full compression stroke in a couple of cylinders, but just move on to the leakdown test now to get to the end result.
     

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