360 value VS 348/355 trend

What is more iconic than the original "348" other than version 2 "355' of the original ?
I can afford almost any Ferrari, but chose the 348 as an art, architect, pilot and math major in college.

My daily drivers are so far advanced as both my wife and I have new Cadillac SUV's but my 348 will still kick both their asses and be a hundred times more fun to drive.

Please, do not put down the 348 as never being iconic, until you have owned one of them.

 

F355 !!!

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Deny it if you wish but the 355 is certainly an iconic car. It was a game changer for Ferrari after the 348. Along with many fantastic characteristics, it's the first road going F1 car - you are dreaming if you don't think that will mean something.

I have my opinion of the current market but I do believe the value will rise over the next 5-10 years. Much to my surprise, the ask this spring on high mile cars is much greater than it's been. Good cars are becoming rare and that will result in higher value.

I really plan to keep my car until I'm dead so none of this really matters to me other than the fun of this debate

 

I'm an F-car newbie for sure. However, my contribution comes from outside the Ferrari world, the P-car world where I have a bit more experience

Regarding the overall production numbers and their effect on potential future values I submit the following.

The air cooled Porsche market is seeing prices continually increasing quite considerably. 993 and 964 cars are seeing the biggest gains percentage wise. They were mass produced and in much greater numbers than the 355. Even the higher spec'd "special" models such as the 993 Turbo were produced in quantities that are close to the combined 355 production of all variants.

Point being I don't think relative rarity (relative to other rare cars, after all even with 10K produced the cars are rare compared to any run of the mill mass produced car.)

I think value has more to due with the significance of a particular car. The first or last of a particular technology or manufacturing process.

Also, I think the timing of when a guy who is around 40 has the money to buy the car he thought was the coolest when he was 17 (adjust ages +/- "X" years) is when that car starts to go from just being a used car, to a collector car, and then the prices go up.

Both of those factors are driving the 993 market, especially for a car like the Turbo (S). Cool as hell back in the 90's and last of the air cooled Porsche's. I routinely read about guys who sold newer 997 or 991 to get (back) into a 993. They claim its just more raw and visceral.

I think we are at the beginning of that stage with the F355 and those who bought cars in the last few years especially during the market downturn are going to be rewarded in the next 5 years or so.

 

I'm curious to see 348 numbers...

 

A tad under 9000 348's.

 

In my opinion the 348 is the Ferrari equivalent of the Porsche 993.

Why?

Because of it's simplicity, and rawness.

The 348 has no power steering, no factory immobilizer, no electronically adjusted shocks, no smog pump (except for the very last year on the U.S. cars), no exhaust bypass system, no power seats, no power convertible top, no F1 gearbox, no gearbox oil heat exchange system attached to the cooling system, and no air bags like on the 355. Nor does it have the adjustable length intake system of the 360, or the 360's cam variators, nor any traction control like found on the CS.
No........
The 348 has just enough electronics needed to run the engine, and a few creature comforts like power windows/locks, hvac, anti lock brakes, a radio, and that's it.

The 348 is a cult classic, a dark horse, and those of us that own one know it.

The big mistake the majority of people make is judging the 348 on it's stock performance figures vs the 355 and 360. From the factory the 348's engine is restricted, but with the right modifications the 348 is an eye opener. Engine wise the 348 does not have the well known engine issues that the 355 has, like destroyed liners. Or the cam variator issues of the 360. The 348 engine is a pretty stout unit. There are some updates that need to be addressed during the engine out service, like the drive pulley bearing, and timing chain tensioner pads, but other than those, the f119 engine is a robust little unit.

So while you still can, and before people start to realize what a bargain the 348s are currently selling at, if you want a cult classic now is the time to by the little dark horse known as the 348. Get them while the bargains last, because onces they are all in the hands of people who know what they have, GOOD LUCK ever getting one.

Long live the 348 Brotherhood.

 

That's like saying I rather date the fat sister instead of the ugly one. Every Ferrari has warts. Every new model is better than the last. Manufactures never develop backwards. The only people who should care about values are immediate buyers and sellers. Anyone else is just a poser. The true Tifosi buy the model they want to buy and there are Tifosi for every model.

 

Lol, God has spoken.

But, too bad it's all a lie. Most would say the 355 is far superior to the 360 so that blows your "every new model is better than the last" theory out of the water.

 

And some are delusional...

 

If you REALLY want to break them down in terms of rarity, there were only 74 F1 GTSs ever made in RHD...

With respect to 355 and Testarossa, you couldn't be more wrong IMO.
I also think the 348 is under-valued.

 

You make a good argument and I totally agree ...

 

Only 355 owners say that. Most 355 feel their model is superior to all others and down play their faults . Every newer model is better than last because ferrari address issues and correct from previous model

 

Wasnt there a guy on here a few months ago that sold his 458 and bought a 355?

 

ahahahahahahahahahahahah.........WDF

 

i own something now called a RHD CS with 6k km on the clock....(got it with 5.5k km)....not sure if it's worth anything....prob is just a dog...355s are defo way more valuable and advanced....silly me .......anyway, i also have a 348.....and i still love every second i'm behind the wheels of the 348...the thought of selling came up once or twice and i just slapped myself out of that silly thought....love the 348 to bits..........the 348 is definitely the most understated car ever i think........but that's only me being delusional.....355s are the best Ferraris out there......FORZA 355!!! (did i say it right?)

 

I would love to know why 355 is superior to 360 ? This should be good . For the record , I have nothing against the 355.

But saying 355 is better than 360 is like 348 being better than 355 or 308 over 328 ...

 

These threads always start getting silly, people taking things personally and trying to score points and prove points that really don't matter. I feel it coming on from the start of this page

 

Personally I think the comparison goes more like;

348 = 964 especially in that most would think the next generation is the prettier / better car but the model certainly has its loyal devotees and when you are dealing with a relatively rare car, that's all you need to make a market.

F355 = 993 most would consider the final evolution and overall best execution of the original design and platform in terms of styling and performance. Although more refined than predecessors, they deliver a visceral driving experience with a few technological aids to enhance comfort and safety.

F360 = 996 transition to new design direction. Traditionalists do not like. These are just "used" cars at this point. Personally I don't appreciate the looks of the 996 or the 360. Haven't driven either but I'm sure both are faster and easier to drive. 996TT cars go for half of what 993TT cars do. They are touted as the budget way into the brand. I dont see myself acquiring an appreciation for either 360 or 996

We need another 10 years to see if the classes of 2000 through 2005 were dreaming of these cars when new and will want to acquire one and make a market.

 

I have my popcorn

 

Superior was really the wrong word. I should have said more desired.

 

Read what I wrote mate. I did not say it was your intention, in fact I did not mention or quote you at all.
Its irrelevant who starts a thread like this, after a while the nastynes starts and people take it personally. 360,355, or 348 there all Ferraris and there all just cars. Nothing to fall out about.

 

It's lighter and smaller, has a bigger trunk and has more predictable handling, other than that the 360 is better in every objective way, even if marginally in most performance measures. The outright performance is close enough to where it will come down to the driver on which is faster, not the car. That said, the 360 has more interior room, a much more modern interior, better brakes, better aero and a more flexible engine. All other differences are subjective, but I will say that being universally considered 'pretty' goes a long way for values (see: dino).

All that really matters is if you want one, I wouldn't wait much longer if you're money conscious as they aren't getting cheaper...