Where did all the 355GTS and 355B's go? | Page 2 | FerrariChat

Where did all the 355GTS and 355B's go?

Discussion in '348/355' started by Oengus, Mar 26, 2015.

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  1. GTSNJ

    GTSNJ Formula Junior

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    In 50 years, no one will care about bondo and accident damage. A majority of 15 year old sports car will have bodywork/paintwork, either concealed by fixing it off of carfax, or misrepresentation by unscrupulous sellers. If it bothers you then wait for the "beauty"
     
  2. tres55

    tres55 F1 Rookie Rossa Subscribed

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    I agree...but it does detract from the value of a 355 currently.

    These aren't rare cars where prior damage doesn't affect the value.

    If the trend continues though and GTS/GTB's are harder to come by then I could see cars with accidents commanding more money but for the time being, I don't think that's the case. Clean cars are still popping up here and there...you just gotta move FAST.
     
  3. xymox

    xymox Rookie

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  4. group77racing

    group77racing Formula Junior

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  5. INTMD8

    INTMD8 F1 Veteran Owner Silver Subscribed

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  6. tres55

    tres55 F1 Rookie Rossa Subscribed

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  7. tres55

    tres55 F1 Rookie Rossa Subscribed

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  8. Klas

    Klas Formula Junior

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    You see them here in Europe. :)
     
    Last edited: Mar 29, 2015
  9. ShineKen

    ShineKen Two Time F1 World Champ Silver Subscribed

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    USD/Yen exchange rate is the most favorable it has ever been. If the exchange rate was same as a year ago, that car would be 100k. Tan interior isnt as desireable in japan as black.
     
  10. mizdavid

    mizdavid Rookie

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    I have been searching for a 6-speed 355 GTB in red or yellow for months. Anyone know any available? I prefer miles in the mid teens but am willing to take what I can get if the car is right in terms of condition and price.
     
  11. ASK328

    ASK328 Formula 3 Silver Subscribed

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    What's your budget?
     
  12. ASK328

    ASK328 Formula 3 Silver Subscribed

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    I'm thinking that car you are looking for is 120K + in todays mkt?
     
  13. F355steve

    F355steve Formula 3

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    Humm.... it has been so long since I have seen one that matches that description come up for sale that I can't even guess the price range. They come up, every once in awhile just not with that low of mileage. You can find a spider with that low of mileage because there are 50 spiders for sale for every GTS.
     
  14. mizdavid

    mizdavid Rookie

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    I don't have a specific budget. I am willing to pay what a car is worth given mileage, history, colors and so on. I am aware of what current pricing is and an estimate of $120k is ridiculous. For that I would buy a Testarossa and see the car appreciate over time. Not that Haggerty is the be all end all, but its pricing tool estimates a 95 F355 GTB in concours condition is worth $56,600.

    I have a specific car in mind that I want. It belonged to a friend of mine about 10 years ago. If anyone knows of this car I would love to speak to the owner. It was last registered in Braintree, MA after being purchased and registered in Jupiter, FL. It is a 1995 F355 GTB in Fly Yellow over Black. Tubi exhaust and a challenge grill. Any help locating the owner of his vehicle would be great. Please PM me.

    Thanks for all of your help.
     
  15. ASK328

    ASK328 Formula 3 Silver Subscribed

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    I think my estimate is dead accurate, why do u think none are on the Mkt?

    Not one.

    Haggerty valuations are a joke.
     
  16. INTMD8

    INTMD8 F1 Veteran Owner Silver Subscribed

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    If you can find a perfect low mileage 95 berlinetta I don't think it will take 120k to buy it but 56.6k won't come anywhere close either.
     
  17. phrogs

    phrogs F1 Veteran Silver Subscribed

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    Speaking of wrecked 355s does anyone have the specs for measuring the car on a frame machine?

    It could be a quick reference to measure the car prior to purchase.
     
  18. F355steve

    F355steve Formula 3

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    Let us know what you run into in your search. I don't think $120k is market but Haggerty is only worth its value in toilet paper. If you find a condition one car for $90k in your spec buy it. If you find a condition four car in your spec for what Haggerty say condition one car is at$56k, buy it. If you snooze on either they will be gone.
     
  19. ASK328

    ASK328 Formula 3 Silver Subscribed

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    A very nice low mile 355 B is worth 120k in today's Mkt, when one comes to one of the high end auctions this summer I think the price will be much higher then that - 150k plus.

    U guys haven't seen the private transactions - however that is what a few have traded for recently.

    Again NONE are on the mkt for a reason, if u can find one for sale for less from a uneducated seller, good for you. That is not uncommon in a very hot market that is changing rapidly.

    The days of getting one of the best mid engine Ferrari's to come out of Marenello for less then half of a new Cadillac Escalde and a 1/3 the price of a new MB 550 are over.
     
    Last edited: Mar 30, 2015
  20. group77racing

    group77racing Formula Junior

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    Attention passengers...the Testarossa ship has sailed...

    2 years ago when I was shopping 355's and Testa's they were both in the same ballpark.
     
  21. karrerakid930

    karrerakid930 Karting

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    we have a yellow gtb for sale in palm beach....tonyrienzi.com 5613586745
     
  22. F355steve

    F355steve Formula 3

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    Seriously! Every time I check in on the TR section value thread numbers are just higher and higher.
     
  23. F355steve

    F355steve Formula 3

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    I think that is what a lot of us are waiting for. The Fiorano sale for $198k last month at auction could easily be brushed off and dismissed for a variety of reasons that all hold weight. A non special edition F355 going for huge money right after is a different story.
     
  24. ASK328

    ASK328 Formula 3 Silver Subscribed

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    The transactions have already taken place.
     
  25. F355steve

    F355steve Formula 3

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    I am not referring to private transactions. I am referring to a public auction transaction that resets the perception of the majority that are not with direct knowledge of the private transactions.

    That will change the perception of the masses that a condition one car is $56k, or even under $100k.
     

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