Can we stop the gratuitous 355 hysteria??? Please??? Isn't this getting stupid? | FerrariChat

Can we stop the gratuitous 355 hysteria??? Please??? Isn't this getting stupid?

Discussion in '348/355' started by 348SStb, May 21, 2015.

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  1. 348SStb

    348SStb F1 Rookie
    Owner

    #1 348SStb, May 21, 2015
    Last edited: May 21, 2015
    Okay look. Full disclosure to those who haven't seen my countless posts on this subject:
    1) I have owned a '95 F355b red/tan for 7 years. Naturally I don't want my car's value to fall - I want it to rise.
    2) I am in the market for additional 355s because I want to have them in different colors... I enjoy these cars and I drive them. I want to have spares... I love the 355, period. I will pay market even if it means I have to pay more than what I paid for my 355 7 years ago and much more than it would have cost just a year ago.

    I consider myself biased on both sides of that equation so let's just say these things cancel each other out...

    With that being said...

    $259,900 ???
    At Marshall Goldman for a freaking 355 Spider Fiorano F1 in a horrendous color combination???

    Can we please stop the nonsense? Can we please?

    ***THE 355 IS NOT A Ferrari DAYTONA QUITE YET, PEOPLE***

    I would say anyone who buys a 355 Fiorano for $259,900 or even entertains that car deserves to buy it for that price...

    How would you like to spend a $quarter-mill on a 355 Spider and have the stupid seat ECUs, top ECU, etc. etc. fail and have a $15,000 repair job right off the bat? Nice way to buy an F-Car! The 355 Spider is a very nice car (I owned a 1999), but come on. I mean come on. The Fiorano is a glorified edition... But it's little more than a $69,900-$79,900 355 Spider. Please - no offense to current owners. It's the same as a silly 348 Speciale on Ebay for $100K. The Speciale (which I also owned) has a different rear grill and some seats!

    The point is: BEWARE to everyone drinking the Kool-Aid and jumping on the bandwagon head first. Yes the 355 is becoming more appreciated (wasn't it just 2-3 years ago that there were countless threads about the 355 being the most horribly maintenance-intensive money-pit Ferrari ever built) but the quicker the hysterical market goes up the harder it will crash... Pay up and pay well for a 355, dear friends; but if we drive ourselves crazy and selfishly whip these prices up artificially as owners, the ramifications could be very severe and could contaminate the F-car market in general across other models... We will hurt ourselves, and we will hurt potential owners who have not lived the dream that we have lived.

    Easy does it! The cars will appreciate... Let's let them appreciate.

    <Flame suit on>
     
  2. rennspeed

    rennspeed Formula Junior
    BANNED

    Oct 4, 2007
    528
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    Rennspeed
    Thanks Dave I totally agree. 7 years ago everyone here was talking about valve guides, header failures, and cats going bad....now it's all about how these cars are worth $100K and every car that sells for $50K is a POS.
     
  3. jimmym

    jimmym Formula 3

    Sep 30, 2008
    1,993
    Northeast U.S.
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    Jim
    Well stated guys. I agree 100%.
     
  4. INTMD8

    INTMD8 F1 Veteran
    Owner Silver Subscribed

    Jun 10, 2007
    6,813
    Lake Villa IL
    As much as I enjoy conversing about this, what we say here really isn't going to change anything.
     
  5. 348SStb

    348SStb F1 Rookie
    Owner

    The point is not to change them or it... It's to explore change within ourselves. Us, here.
     
  6. madturk

    madturk Formula 3
    BANNED

    Nov 2, 2003
    1,508
    Williston, ND
    Full Name:
    Seyhan Kilincci
    100% right on the ball. Give it up already... It's a very nice car. Discuss other things so we can learn from each other.
     
  7. INTMD8

    INTMD8 F1 Veteran
    Owner Silver Subscribed

    Jun 10, 2007
    6,813
    Lake Villa IL
    I just checked out the Fiorano. Silver and black is horrendous? I think it looks awesome.
     
  8. 348SStb

    348SStb F1 Rookie
    Owner

    Titanium on black is a popular and highly marketable 355 color combination? It's right up there with red/tan for a Spider, is it?

    I used the word horrendous out of emotion. It's the wrong word. Nice as it may be, that color combination is just about last or near last on the list of color combinations that would be first to command a premium like this.
     
  9. PKF355

    PKF355 Formula Junior

    Nov 12, 2003
    701
    sOCal
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    Patrick
    +1
     
  10. 05011994

    05011994 Formula 3
    Owner

    May 1, 2004
    1,865
    Golden, Colorado
    #10 05011994, May 22, 2015
    Last edited: May 22, 2015
    The market will speak, as much as a small group of people think they can impact values on a website, it will be what the cars actually trade for. I am confused why some owners continue to talk down the value of the very car they own, it just does not make sense to me. I don't really care I have owned mine for almost 9 years with no intention on selling, it just seems weird the negativity on the value from the current owners, I would hate to hear how some of them talk about their wives...
     
  11. INTMD8

    INTMD8 F1 Veteran
    Owner Silver Subscribed

    Jun 10, 2007
    6,813
    Lake Villa IL
    Is that what I said? No it isn't.

    I said it looks awesome because it does. You said it's horrendous because it isn't red? Sorry but if I agree with you we'll both be wrong ;)
     
  12. phrogs

    phrogs F1 Veteran
    Silver Subscribed

    Apr 13, 2004
    7,357
    Kzoo Michigan
    That dealer has all kinds of crazy prices on cars.
    Look at what they want for some 930 turbos.
     
  13. 348SStb

    348SStb F1 Rookie
    Owner

    James without having a tit-for-tat here on this thread - as your views are well known - I notice you have not commented on the price of that Fiorano.

    Put plainly: would you rather have the red/tan Spider for sale from Marshall Goldman for $69,900 or the Titanium/black Fiorano Spider for sale at Marshall Goldman for $259,900?
     
  14. PKF355

    PKF355 Formula Junior

    Nov 12, 2003
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    It's a free market. Just let people take it where people want it to go. We're just all going along for the ride.

    I suppose if someone today offers you $200K for your 355 spider and let's say $170K for your Speciale would you still post what you have posted?
     
  15. INTMD8

    INTMD8 F1 Veteran
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    Jun 10, 2007
    6,813
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    Oh I agree completely on the price. Wouldn't surprise me to see an ask of low 100k range but yeah 250k++ seems crazy.
     
  16. 348SStb

    348SStb F1 Rookie
    Owner

    If 5 supermodels saw me at the beach and told me they wanted me to come back to their hotel suite, would I cheat on my girlfriend?

    Theoretical questions like the one you proposed have very little practical relevance because those scenarios are not happening. No one is making me offers such as the ones you suggested.
     
  17. 348SStb

    348SStb F1 Rookie
    Owner

    Well I'm glad my assumption about you was correct - you do know what you are talking about ;)
     
  18. INTMD8

    INTMD8 F1 Veteran
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    Jun 10, 2007
    6,813
    Lake Villa IL
    Haha! Except color combos ;)
     
  19. PKF355

    PKF355 Formula Junior

    Nov 12, 2003
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    Patrick
    I respect your character and your loyalty to your GF.

    No one is making you offers unless you put your asking out there first.

    I hope that $259k is perhaps a typo on the dealer's part.

    But if not, at least they are gutsy enough to ask for that kind of money on a 355.
     
  20. johnk...

    johnk... F1 World Champ
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    Jun 11, 2004
    11,276
    CT
    Full Name:
    John Kreskovsky
    The only thing I find more fanatic that the obsession with price is the obsession with red/tan. 355s look so good in other colors.
     
  21. Robb

    Robb Moderator
    Moderator Lifetime Rossa Owner

    Feb 28, 2004
    14,440
    Tucson, Arizona, USA
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    My favorite spider is Johnk's in blue...

    If he ever sells, I'll be in line.

    Robb
     
  22. johnk...

    johnk... F1 World Champ
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    Jun 11, 2004
    11,276
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    Full Name:
    John Kreskovsky
    Thanks Robb, you'll have a bit of a wait, but I'll consider $259,999. It's not a Fiorano. It's a 95. Even better. :)
     
  23. andrew911

    andrew911 F1 Rookie
    Silver Subscribed

    Sep 8, 2003
    2,894
    Northern NJ
    Not to change the subject, but a quick comment on Marshall Goodwin- I was prepared to buy a 355 spider this January- they had a yellow 355 spider that looked good (I don't recall the specifics on the car, but I don't think it's the one on their current ebay ad)... Step 1 was to call and get some generaral information on the car, and if it sounded good I was going to drive out to look at the car in person (I had a few weeks off between switching jobs so I was literally ready to go out the next day)- in short, I was ready to buy if things checked out, but I didn't get past step one.

    The salseman opens up the conversation saying all the details of the car and the number of Ferraris they sell, etc. The first followup question I had was if there was any record of the valve guides ever being updated- just an inforamtional question I asked on all the 355s I looked at...I didn't ask the question with the tone that if they weren't done it was a deal killer...and the salesman said he didn't know what I was talking about. While I found this impossible to fathom, I explained that the valve guides were often updated if they showed signs of wear due to the original material used, and he again said he didn't know what I was referring to. I paused and asked him with all the 355s they sold he has never heard of this issue (given his intro on the number of 355s and ferraris they sell) again he says it's not an issue on any car they sold and he has never heard of it. I didn't even get to my other general questions regarding the car as I found it frankly insulting that he was most likely playing me for a fool or less likely actually uninformed about valve guides after bragging about how many they move.

    Bottom line I moved on and felt more comfortible buying my car sight unseen from the other side of the country if you can imagine that. Pathetic. That dealer lost a potential customer/easy sale! Unless there was an issue with the car I was looking at and I sounded like a buyer who had done some research on the car and they were trying to hide the issue.

    Bottom line- I wouldn't put it beyond them to try to find some sucker to buy a car way overpriced given the way they (or at least the salesman I spoke to) tried to BS me.
     
  24. Oengus

    Oengus F1 World Champ
    Rossa Subscribed Silver Subscribed

    Andrew talk to nobody but John Ashe at Marshall Goldmans. (personal friend...straight shooter)

    chas
     
  25. 348SStb

    348SStb F1 Rookie
    Owner

    +1

    I had to switch salesmen there because the one I had been talking to was a complete... well, he fit the description of the previous poster.
     

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