Future 355 owner looking for advice... | FerrariChat

Future 355 owner looking for advice...

Discussion in '348/355' started by Saleen, Jan 3, 2012.

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  1. Saleen

    Saleen Karting

    May 30, 2005
    70
    Wisconsin
    Full Name:
    C
    Its been quite some time since I have posted anything on this site. But now after many changes in the past few years, I am ready to purchase my next exotic. I have determined that the classic look and beautiful lines of a 355 Hard top are what I want. Prefer a 355 GTS F1, but open to a 6 speed since I like the feel of full gearbox control.

    A bit of background on me. I live in Central Wisconsin and I am looking for something I can drive in the warm months other than my SVT Raptor truck which I use year round. Previously I owned a 2004 Saleen S7 in Yellow with chrome wheels, traded up to a 2007 Saleen S7 Twin Turbo in Yellow/Black trim. I have since gotten away from hyper cars due to the enormous upkeep expenses and the fact that spending $600 per rear tire every 6 months wasn't very fun (345/25/20 Pirelli Rosso's). Yes I can afford doing that, but it almost seems to me like getting drunk (pissing away money). I sold the S7 back in 2009 for nearly what I paid, which was lucky for me because the S7 market died fast and same condition/mileage S7's were selling for considerably less at auction and private markets.

    I have been watching the threads about Bradan's services on both 348s and 355s and I am getting more of an understanding of what I need to watch out for, but what other things should I check for or have a dealer/authorized service facility inspect?

    I know the obvious like service's, cam belts, fluids, some electrical, and what not, but from the F-chat experts on 348's and 355's, what else is there to look at?
     
  2. yelcab

    yelcab F1 World Champ
    Consultant

    Nov 29, 2001
    13,469
    San Carlos, CA
    Full Name:
    Mitchell Le
    you will find all the information you ask for if you read some more under a search of "355 valve guide" and "355 header"

    As far as the little information you provided "$600 per rear tire every six months," is concerned, any F355 is going to run you much more than that, not for tires, but for other items. Let me give you some examples:

    $2,000 for 3 key fobs and an ID code programming
    $500 just to look up your ID code, so you can program in the new one
    $22,000 for an F1 pump (find that thread by Mowater)

    Good luck.
     
  3. Saleen

    Saleen Karting

    May 30, 2005
    70
    Wisconsin
    Full Name:
    C
    That was just a single example, I know there is much more, but I highly doubt more than my S7's had cost me for upkeep. Key fobs, ID coding don't bother me much. Its the F1 pump that would bother me. If I find a GTS F1 with a recently serviced F1 system, or hell, even a new F1 pump, that would be my ideal car I think. Although, like I said, a 6 Speed would work well too, I like manual's.
     
  4. butch355

    butch355 Karting

    Jan 27, 2005
    114
    Denver
    Full Name:
    Brent
    First off budget at least $2,500 per year for basic service not counting brakes, tires, etc.

    5 year service can range from low $6,000 at dealer to over $20,000 if needs engine work!

    Worry about many things:

    Leather dash shrikage (VERY EXPENSIVE TO FIX!)

    Sticky Interior (EVERYTHING will turn to go at some time, so plan on it) Can be fixed with about 10 hours of labor your and $200 in parts.

    Headers that melt

    Valves on some models (not that common)

    clutch (F1 can be a time bomb on repairs)

    water pump

    Tires go around 5k miles with fun driving!

    Cat ECUs

    Cats dont rattle or replaced.

    If non oem cat make sure no check engine lights after about 100 miles driving

    No slow down lights also

    Covt top has been bled or all goo

    Windows go up at normal speed

    Wheels are not cracked around lugs (take them all off and inspect!)

    All recalls done at dealer

    PPI that checks out EVERYTHING!!

    Get $50 insuance deduct since my windshield cost about $4,700.

    Seats all work correctly

    Thats all that come to mind while I eat my lunch....
     
  5. Shorn355

    Shorn355 F1 Veteran
    Rossa Subscribed

    Jan 13, 2011
    6,857
    Colorado
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    Scott
    => 1995 Car - no "key fobs" - put key in and turn
    => 1995 Car - "ID Code" is does the key work and do you have the key
    => 1995 Car - 3-pedals - Learn to shift unless left leg has been amputated - no "F1 Pump"

    :)
     
  6. FullChat

    FullChat Formula Junior

    Jan 1, 2007
    339
    San Antonio, Texas
    Check compression and leakdown.
    Check history carefully.
    While header and valve guide problems do not hit every car, they can be very costly and most recommend fixing these problems before they bite you (I have a hypothesis that cars that have had bad guides or exhaust leaks need bottom end rebuilds far more than "healthy" cars...)

    It sounds like you'd like a '95 GTB (I'm a little biased because that's my dream). The problem is that the lucky guys that have good ones aren't letting them go!
     
  7. White Knight

    White Knight Formula 3

    Aug 22, 2011
    1,531
    Ogden, UT
    Full Name:
    Todd S.
    This is a pretty conclusive list. If you go GTS, double-check the gasket seals around the top at the front of the roof. Mine are a trifle loose and can let a small amount of water in under the right conditions.
     
  8. Saleen

    Saleen Karting

    May 30, 2005
    70
    Wisconsin
    Full Name:
    C
    #8 Saleen, Jan 3, 2012
    Last edited: Jan 3, 2012
    I like the thought of the GTB, but I want a removable top without a convertible top. So the GTS with the targa panel fits my desire I think.

    With the insurance idea there. I had specialty car insurance on my Saleen's, which only cost me $2600 a year to cover each one full coverage and under 3000 miles a year. Good thing I only took out the S7's a few times a summer, still managed to rack up 2700 miles on the Twin Turbo in 2008. I assume a 355 will be considerably less will full coverage too. They were good to me too, considering the issue I had with the first S7. My son was playing in the garage and managed to knock a box off a shelf next to the car, in the box was a vintage water pump from an early Mustang. Well, that box landed on the windshield of the S7 and cracked the windshield. No I didn't try and murder my son, he was only 5 at the time LOL. But the insurance covered the windshield no questions asked and paid a $7,200 bill for the replacement, which included shipment of a new piece of glass directly from the Saleen's warehouse in Irvine.


    The more I think about all of this though, I am leaning towards getting a 3 pedal car because of that $22,000 question of an F1 unit. For that price I should be driving a 355 with an F40 TT V8 in it instead.
     
  9. 355dreamer

    355dreamer F1 World Champ
    Owner

    Apr 3, 2006
    10,476
    DC Metro
    Full Name:
    L.C.
    +1
     
  10. vvassallo

    vvassallo F1 Veteran

    Aug 4, 2006
    8,321
    Palos Verdes
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    Vince V
    The F1 pumps are being retrofitted with 360 units at a much lower cost. Not cheap, but no $20K parts. Still, the manual is the better choice. Also, the 1995 Motronic 2.7 is the only way to go, IMO.

    By now almost every car has been through the valve guide and header scene. Still worth checking out nevertheless. Make sure the repairs are holding. Replacement with stock headers is just going to revisit the repair later. Good hunting and don't forget the PPI.
     
  11. Shorn355

    Shorn355 F1 Veteran
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    Jan 13, 2011
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    The GTS IMHO is the best option - you can easily remove and store the top so you get the "open" experience but don't have the issues associated with the Sypder tops. I also think the flying buttresses on the 355s are one of the many aspects that make it so beautiful so you don't lose those (with all due respect to Spyders owners....).

    The earlier post regarding the seals is spot-on. There are also some adjustments you can make with the two closure levers that can help a front seal leak but then usually can cause leakage elsewhere. If they are worn just have them replaced. They also tend to squeak a bit - especially in cooler weather. Smearing a bit of Vaseline or WD40 will eliminate this as well as keeping the seals moist and flexible.

    Also IMHO a 3-pedal 355 is the way to go not only to have the experience of the gated shifter and satisfaction of mastering (or at least trying to...) proper shifting techniques but also the early F1s were not as dialed in or as fast as the later ones. Eliminating the potential costs and having an enhanced driving experience to me is a no-brainer (with all due respect to F1 owners...).

    The later 360s and 430s (especially CSs, Scuds, 16M) had sick-fast F1s and a lot of the bugs got worked out so that is a bit different (although I would still opt for a 3-pedal car regardless) but if you are looking at 355s I would recommend the 3-pedal car.

    Good luck with the search - Tons of good info and cool people on here as well and information is gold when it comes to these cars. That said, take a lot of the horror stories with a grain of salt and make your own decision in the end.

    Cheers :)
     
  12. Shorn355

    Shorn355 F1 Veteran
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    +10 - One other aspect of the Motronic 2.7 should you decide on a GTS is this setup allows a skosh more room behind the driver's seat. This is important (depending on how tall you are) when storing the top as this takes a bit of space away from recline. The 5.2 cars have a bump to accomodate the 5.2 units and it takes up some recline angle.

    Just FYI - Cheers :)
     
  13. Saleen

    Saleen Karting

    May 30, 2005
    70
    Wisconsin
    Full Name:
    C
    Can you explain the 2.7 and 5.2? That is something new to me. Also, I am 5'11'', when I drove my Saleen's, I had to have the seat 1 notch from being all the way back but from what I can tell, they had smaller interiors than a 355.
     
  14. F355steve

    F355steve Formula 3

    Apr 9, 2008
    2,089
    Honolulu - Seattle - Okinawa
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    Steve
    The 95, OBD I cars, had a Monotrnic 2.7 ECU. The 96-99, OBD II cars, had a Monotronic 5.2 ECU. 2.7 and 5.2 are just used around here as shorthand as the main differences in F355's from year to year are mainly due to the ECU difference and associated hardware.
     
  15. Saleen

    Saleen Karting

    May 30, 2005
    70
    Wisconsin
    Full Name:
    C
    Thank you for that info.
     
  16. Shorn355

    Shorn355 F1 Veteran
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    Saleen - As usual F355Steve is spot-on. You will also hear/read (and it is a fact) that the 1995 2.7 cars had an additional 5 horsepower. That is true but it is not noticable from a driving standpoint (IMHO) so don't let that sway you. The other thing is on the 95 2.7 cars each side of the engine had a seperate feed from the airboxes and on the later 5.2 cars it fed through a common "T" and then into each side of the engine. Again - just FYI and nothing major to sway you toward a 95 or away from a later car.

    Cheers :)
     
  17. FDT

    FDT Formula Junior

    May 18, 2010
    423
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    Ric
    I may be wrong but I understand that the 2.7 cars do not have as many sensors which may equate to fewer warning lights/thrown codes.
     
  18. 05011994

    05011994 Formula 3
    Owner Silver Subscribed

    May 1, 2004
    1,865
    Golden, Colorado
    I would also pass on any cars that have had the stereo upgraded as many times the installers cause plenty of issues. It took Dave Helms around 20 hours to fix the mess the previous owner's installers made with the electrical system. With an F355, the music comes the 3.5 liter V8 behind you, not an iPod! Best of luck in your hunt, I have had mine since 2006 and now that Dr. Helms has its issues all corrected, it won't be leaving me unless someone wants to give me a 458 for it (I know that will never happen, so it will stay with me until I die). They are terrific cars once they are sorted properly.

    Forza F355!
     
  19. F355steve

    F355steve Formula 3

    Apr 9, 2008
    2,089
    Honolulu - Seattle - Okinawa
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    Steve
    This is true. For example the 2.7 cars have one O2 sensor per catalytic converter. 5.2 cars have 2 per catalytic converter, one pre cat, one post. The 2.7 cars are reading the mixture out of the engine and telling the ecu when to go closed or open loop. The 5.2 cars add the sensor after cat that is checking to make sure the exhaust has been cleaned up after going through the cat. If it has not been cleaned enough you will get a CEL. If you install testpipes in a 5.2 you will get a CEL. If you install test pipes in a 2.7 you will not get a CEL.
     
  20. F355steve

    F355steve Formula 3

    Apr 9, 2008
    2,089
    Honolulu - Seattle - Okinawa
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    I turned the head unit on in my 355 once while driving. It got annoying not being able to clearly hear the 5 valve screaming through the Capristo exhaust behind me so I quickly turned it off and it has never been on again.
     
  21. White Knight

    White Knight Formula 3

    Aug 22, 2011
    1,531
    Ogden, UT
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    Todd S.
    Haha, nice! I think I turned it on twice, once at the dealership and once on the first drive with my wife. More to make sure it worked than anything else. Haven't used it since.
     
  22. Shorn355

    Shorn355 F1 Veteran
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    +10 - Dave Helms and Scuderia Rampante rock!
     
  23. Saleen

    Saleen Karting

    May 30, 2005
    70
    Wisconsin
    Full Name:
    C
    Sounds like a plan. Im not used to using a stereo in a car anyway unless its in a different vehicle on a trip. Couldn't exactly hear the stereo in the S7's or any previous performance cars I've owned.
     
  24. Shorn355

    Shorn355 F1 Veteran
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    Jan 13, 2011
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    I am sure the soundtrack in the Saleen was pretty amazing! Never had the fortune of being in one but have driven alongside one and mesmerized - amazing cars!

    You will not be dissapointed with the 355 either. My opinion - and shared by many - is that the 355 is the best-sounding V8 Ferrari ever...

    In fact, looking outside it is a rare 65-degree day in Denver and I think I will take her out for a run!

    Cheers
     
  25. Saleen

    Saleen Karting

    May 30, 2005
    70
    Wisconsin
    Full Name:
    C
    LOL, there was no point to the touch screen radio in the S7's other than the need for navigation if you planned on taking long back country roads to no where and wanted to plan a route.

    I totally agree with you on the sound of a 355. All of the 348, 355, and even the F40 with turbo's spooling are the best sounding of the the Ferrari breed. Although my need for performance will end up with headers and exhaust upgrades if the car I find does not have them yet. At that point, the radio will either get deleted or I will install a flip out touch Nav just for the Nav purposes, wont even be hooked up to the speaker/amp harness, will only have power hooked up.

    I may even go for a very clean 348 TB. I have seen a few people actually get the performance of an F40 out of them with a mild twin turbo setup. The engine is already essentially the same as an F40 minus the forced induction.
     

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