360 value VS 348/355 trend

2323 Boxers made, 929 512BBs. What... maybe half or a quarter imported into the US as gray market? We all knew they'd skyrocket one day... with such low numbers I don't know if its apples to apples. Yes in this case the engine out cost is negated, but at rarity.

 

There are just to many of them out there to ever be all that value wise, imo. Also. Ferrari will continue to build cars and saturate the market with new examples adding more used car inventory for potential buyers to seek.

The vintage Ferraris made in hundreds are in another league that a total build volume of 15,000 will never achieve.

 

Most 355's in South Africa (when they are available) are priced in the mid range of the 360's for sale - whether these prices are being realized I am not sure.

I am more familiar with the 360 market, knowing several people including myself who have bought / sold in the last 12 months, and most private sellers are getting 90 - 100% of asking price.

By the way the following are the number of each model for sale currently on Auto Trader South Africa - Used Cars for sale

308(2) 348(1) 360(6) 456(1) 458(38) 599 GTB(3) 612(8) CALIFORNIA(16) F355(1) F430(14) FF(3)

These 360's range from R1.3 m to R1.575 m and the sole 355 is asking R1.4 m at a dealer

So glad I don't have a 458 I am trying to sell.......

 

to offset some of the "reputation" 348's earn...

Every car has it's quirks... but I've been ridiculously happy with my 348 Speciale. Perhaps the older ones were problematic as a whole, but the later versions were much less prone to problems.

It also helps if you buy a car properly maintained and know what you're getting into... just like the issues one can list for every single Ferrari made.

 

Interesting observation: the Spiders are the rarest 355 of all yet the ones that seem to be most plentiful in the for-sale market and go for the least amount of money. Conversely, Berlinettas had the highest production yet are considered "most sought after" by collectors and getting stupid money, relatively.

ketel

 

Per Wiki:

GTB: 4871 (3829 Stick + 1042 F1)
GTS: 2577 (2048 Stick + 529 F1)
Spider: 3717 (2664 Stick + 1053 F1)

It would appear Waton mixed up the spider and GTS

 

No biggie...but I believe the GTS and Spider numbers are transposed...which makes the GTS the lowest volume variant.

 

Appears that Dave and I were typing at the same time...lol

 

OK, let's really rile up the base and throw in another hot-potato comment by dividing the 355s into F1s and 6-speeds.

I'll go first. 6-speeds trounce the F1 cars and in time that delta in value and desireability in the aftermarket between a 6-speed 355 and a F1 (regardless of whether it's a GTS, B, or Spider) will only widen.

Flame suit on. Go.

ketel

 

Manual transmission Always

If I could find a 458 with a stick I would jump the 355 ship, maybe LOL

When I drive my auto trans cars I still find myself trying to clutch shift, just something so natural about manual shifting.

 

I don't know that I agree. One of the future collect-ability aspects of the 355 will be that it was the very 1st production car with the f1 transmission and had a fairly good implementation of it unlike other 1st gen f1 equipped cars (like the toyota MR2 or smg1 m3). I also think the manual will be somewhat desired as the last v8 designed first and foremost as a manual trans. I don't see values differing much as they're both fairly common, though I personally feel an f1 GTS may be the perfect back-road car and would be the one I would go after if I were to get a 2nd 355.

 

Not sure which way that will go, but the real hot potato IMO is that the only way anyone's car will be worth anything is if they don't drive it, at which point, why bother owning it? All this speculation about values seems pointless if you have to leave it parked. Might as well invest in paintings and sculptures.

 

Completely and utterly disagree.... The older and more collectible a Ferrari the less mileage matters., assuming condition, paperwork, etc are all in order. Last time I saw a clean, fully documented Daytona in a showroom it did not even occur to me to ask about mileage.

Before you all pile on, I am not suggesting 355s will be in Daytona territory in my lifetime, or perhaps should not even be mentioned in the same breath, but my point is mileage matters when a car is a "used car" not longer-term.

ketel

 

Yea I think the 355 F1s may be more sought after in years to come, because they were the first of there type. Although my cars are manual, I can still recognise that.

 

I won't disagree with that, I see clearly from were your coming from.

 

Is there such thing?

 

Dont think so thats the problem,I'm a relic and need that third pedal or at least put something there for me to push on LOL

 

One could make one but it would not be cheap. One of the 458 racing variants has a single clutch gearbox from the 430 series (GT2 or Grand am?), so you'd have to get ahold of one of those and the full 6 speed setup from a 430 (minus gearbox). Then you'd have to figure out the electronics, which would probably be the hardest part.

 

355 GTS F1 is the rarest of them all with only a few hundred examples. I think someday it just might be the one. The last old school targa etc. etc. Time will tell. Fun to sit aronnd here and pretend any of us actually know.

 

What about the 100 end of the 355 line special edition "Fiorano's"? Each numberd 1-100 i beleve.

 

I believe the 348 is the last of the "true old school cars". No bashing of any model here has they are all great cars! But no power steering, less electronics than a 355 makes them more old school to me. Either cars 348 or 355 if well maintained are worth more than that we see on Fleabay, you get what you pay for...

 

My 348 friends will hate me but the 355 is so far advanced from the 348. It's a fact and it is what it is. The 348 will never reach iconic status.

 

I think all of you better prepare for reality.

The service running costs on a 348/355/Testarossa/360will eat these cars values forever, along with its high production numbers

As they get older, they won't need just and expensive engine out, they will need full RESTORATION. And the threads in here with pictures of these cars in the "rain, drive them they won't melt" will speed up the process to restoration and a bunch of sh..y cars

To do an interior correctly on any of these cars are double the material needed of a Dino , or a 308 ..... These cars are mass produced , and HEAVY on the wallet per mile.

Buy what you like, and enjoy it for as long as you can in health and affordability because we only have one life on this planet.

As for values, these cars will be 50k cars forever, especially if 430s start hitting under 100k

 

Gotta agree, neither the 355 or 360 are rare units in base trim. Naturally special variants will appreciate in value some (e.g. challenge cars/limited production units) but the only reason the 355 will outperform the 360 in the long run is the looks of the 355 (IMHO) are stunning when compared with the 360. The 360 is a better performing car, easier to maintain, and newer which for now is enough to keep the value of the 360 above the 355... like I said for now. 20 years from now, I expect the market to be kinder to the 355 than the 360.

I humbly disagree. I wouldn't trade a 6 speed F355 for any F1 based F355. Happy to be holding on to a 6 speed F355 spider (1 of 2664 built). Rare enough for my tastes... but hardly "rare".