I understand they are not needed. All I am saying is if I decide to jump to a 360 the car could come with all of what I want. There is no doubt the 355 is prettier and classier but it has some of the more modern things missing. Example, the ugliest steering wheel in a car like 355. Shouldn't it have the 360 wheel? In my opinion it is a sin not to change the wheel. I know most guys here are purist. I am not one of those guys. When I had my 355 I put 27K miles in 2 and half years while owning a very mean e46 M3.
I am also in the market for an F355 but no where near that price. I agree the prices are rising on the GTB for the cleanest low mile cars as those are the investment cars. But even still it's speculating and time will tell. These cars appeal to a particular buyer right now due to the price and being drivers cars. Price will always be determined by what buyers are willing to pay. I think the lack of inventory of used GTB cars is giving it a bump right now. If it were the F355 in general because it's time has now come the Spyders would also be selling and those prices would also increase. As for me, I want one to drive so I don't really care to pay a premium for the lowest mile car. The gap between the GTB and Spyder will only get but so wide and people will just defer to a Spyder for the ownership experience. It's pretty much how I see it as a buyer right now. As an owner I would always want to be convinced the market was rising sharply. However having been watching the F355 market lately it's seems it's more connected to lack of GTB inventory right now and possibly that we are seeing all time stock market highs.
I disagree on deferring.....people that can spend 55-65k can spend 75-85k, especially if they want a berlinetta
That's simply not true. If it were they would sell as many BMW's as they do Fords and Chevys. I am a buyer at $50-60k, won't be buying at $75-$80k. I am hearing the same from another buyer in this thread. Not saying I speak for all buyers but I know I am not alone.
A 360CS is awesome no doubt. If you prefer the looks of a 355, you have a 6 speed option which is a more connected experience in my opinion. If F1 for 150k, id take a scuderia. If you want classic , raw, analog feel ... 6 speed 355.
100%.. I believe a bubble has been established for the 355 currently. Probably caused by this forum. It's natural for someone to ask $90K. If you don't ask you won't get it anyway. We will see if anyone is going to pay $90K. I highly doubt it. I know for a fact I won't buy a Berlinetta for that kind of $$. Good luck
Looking at P 993's in comparison I think 355 are vastly undervalued. I have been talking about "bubbles" in certain cars for years, however 355 has not really gone up at all. Looks like it started recently however and it has a way to run. Collector quality 355's will be at MSRP soon if world financial mkts remain stable, and running costs a associated with 355's will be less relevant as the cars go over the 100k mark. I'm sure the first collector quality 355B that goes to one of the more reputable brokerage houses will go for MSRP in the next year. Time will tell
If a car is due for a service (belt change , clutch etc) or needs head work done , you're looking at an additional $10k. $$6k for engine out service. About $3-4k for headwork (valves, guides). This is the quote I received from Fast Cars, a very reputable shop in Southern Cali who warranties their work. So aside from the condition of the car, if you buy a car for $50-60k, i am going to assume the seller hasnt performed the work due. At the end of the day, you'll still be spending $60-70k anyways.I haven't seen a 9/10 condition (not factorng engine out service due) GTB/GTS have an asking price between 50-60k for a long time. F1 Moving's car is at least 9/10 condition. Great color combo. Relatively Low Mileage. Was looked after at one point by Dave Helms, who is THE F355 guru. Just had a recent engine out service (worth 6k) and I also think he mentioned the shop confirmed his car has steel guides, which is a great +. He also has reputable after market headers ($3k) and hi flow cats ($1k?). The car has the key upgrades you need to enjoy the car for the long run. The car is probably good for another 5-7 years before any major engine related expense is needed. There's no way a car of this caliber is $50-60k that's sure.
$50-60K would be great. I was thinking $60-70K for the right car. Preferably a 95(not my biggest concern for the right car. 95-99 is still OK) red/black 9/10 car with history, and aftermarket stuff(capristo, fabspeed, etc.). Anything more than $70K is not worth for me, even for the perfect car. I rather buy a vert and spend the extra $20K on it or get a well sorted 360 with all the updates. I am very curious to see what happens to the $90K GTB. Of course it is very possible a few dealers out there that have accumulated bunch of GTB's can put them for sale and bid on their own cars to see if they can get a bubble going. I am sure some people might buy into that. I found out long time ago if you are buying a car like this patience is the most important thing. Also, very important to pull trigger fast if the right car shows up. We will all have to wait and see where the 355 will end up. Today $90K is nuts!!
You Had one of the nicest 355's. That one with the black red interior. I would never have sold that car.
Can't argue with that. You are right. That will always remain as a sad day for me. Nevertheless, I will get another one. By the time I get done with it the new car will be one of the meanest/nicest out there as I have some plans for it. I just got to put my hands on one. I am already planning to spend an additional $20K for it. If I could find a car that has been serviced $20K should get me some goodies. I have a bad tendency to spend $$$ quickly until I sort the car the way I want. I figure any nice stock GTB will take about $30K-40K or so to make it perfect. Carbon seats, Carbon interior, 360CS steering wheel, wheels/tires, exaust, headers, ecu upgrade, airbox, big brakes.. I am sure I forgot a few things but you get my drift. For a car that has all that I would pay $90K not for a stock.
Ugh Why do some people have to mess with these cars? Just leave them as they are. Fix the sticky bits....replace manifolds..that's it. I've never seen a modified 355 that looked as classy as original. They drive wonderfully just as they left Maranello
Since values have come up here a couple of time I thought it interesting that Hagerty January values for Ferraris in general seem to be flat or slightly down.
I agree. Everything you listed seem like no-brainer upgrades to me if you have the means to do so. I respect a purist's mentality, but if you're leaving the car stock b/c you think it came out of Maranello perfectly and can't be improved upon, that's a bit delusional, I think.
Well some of these guys think that doing maintinence and repairs to a car increases its value above market. A car that needs maintinence, repairs, has outstanding issues like sticky bits, valve guide issues, cracked headers, has accident history; particularly a salvage title etc are cars that will sell below market value. It's a pretty standard concept around the car community. It's the expectation that a car is repaired and maintained, not the exception.
Hagerty may be good to see where things are trending but the numbers seem a bit off. Unless they know where I can find some condition 1 95 B's for 56k
The factory muffler weighs 50lbs and it is possible it might not be good for the car because of reverted exhaust gases. Alot of people do consider the 355 one of the best sounding Ferraris, if not the best and would like to put on an after-market exhaust that brings out the car's inherent F1 sound. That's part of the driving experience imo. Standard brakes are fine, but you can improve acceleration and braking performance with a big brake kit, which is a lighter setup. Lightening rotational mass with a big brake kit and light wheels will improve the performance feel, especially on a car lacking in torque. Adding brakes and exhaust will hardly change the look of the car.
One last thing I want to add here and after that I'll hold my peace. It's these forums that always tries to jack the prices up. I have a Porsche 928GTS, M Roadster, and a 89 Mercedes 560SL. I follow what people talk about in these forums. Rarely I get involved as there are so many poeple with more knowledge than I have. Just beacuse one car pops up on ebay for $20-30K over the normal price people go nuts. If you ask the people on the forums, the 928 is worth $75K and in the future it will bring well over $100K. The reality is you can probably find one for $25-$30K if you look hard enough. If ask on the forums, the M roadster is worth $25-30K and will be worth $50-60K in few years. If you look hard enough for it you can find a decent one for $15K. If you ask on the forums, the Mercedes 560SL is worth $25-$30K and will bring well over $50K in few years. Again, if you look hard enough you could buy a nice one for $12-13K. Porsche 911... well, in that case they were right I can't believe people would pay so much money for the 911. I love the early 911 but so not worth the money if you ask me(had a 89 Carrera, 94 C4, and a GT3 at one point). Anyways, just because a nice 355 poped up on ebay now we are saying the 355 should be worth that and in few years it should bring well over $100K. People exaturate because they have love towards their cars and want everyone to realize this. I bought these cars because I love something about them and not because I want to make money from these cars. The same reason goes for the 355. Should the 355's go for around $60K I will be all over the right car. Should they start going for $90K I hope the collectors will have a blast with them as these cars deserve to be driven.
Asking price is one thing, but cars are moving within a few weeks if not days of listing. Blackhorse had an asking price for a 98 red/tan f1 of 80k. Reputable dealers do command a premium over private party because of convenience and "assurance." At the end of the day, the cars are still sold "as is." You still have to judge the value of a car for what it is and who / how it was serviced. I am sure the car sold between $75-80k because buyer didn't seem to mind paying a premium. F1moving's car is slightly less miles (13k vs 16k). Sticky interior addressed. Confirmed steel guides and upgraded headers, which is very high value to me because of potential cost to replace. Challenge Grill ($1200) + Tubi exhaust ($1500). No windshield issues (delamination is common and expensive to replace part and labor wise). Superb condition. Can he be blamed or deemed unrealistic for "asking" $10k more than Blackhorse's car?
