F355 Market | Page 118 | FerrariChat

F355 Market

Discussion in '348/355' started by Robb, May 19, 2015.

This site may earn a commission from merchant affiliate links, including eBay, Amazon, Skimlinks, and others.

  1. johnk...

    johnk... F1 World Champ
    Owner

    Jun 11, 2004
    10,666
    CT
    Full Name:
    John Kreskovsky
    The difference is buying a car to drive or buying one to preserve.
     
  2. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    18,875
    a 23 yr old car with 50k miles also sat and sat.
     
  3. Dave rocks

    Dave rocks F1 World Champ
    BANNED

    Nov 23, 2012
    16,047
    Orchard Park, NY
    Full Name:
    Dave Lelonek
    Well, it's just not that simple. I have several cars. Having a Maserati as a 6 month daily driver helps. Also, I live in Deer country so early spring / late summer makes for dangerous times. And, I work late. Yes, I like to preserve my 98 but that does not mean I purposely don't drive it - that's untrue.

    When you add up the above it does net only a few hundred miles per year and I don't feel I'm being denied anything. I would rather have the times I drive be more special, and they are.
     
    Themaven, Yassa, carnutdallas and 2 others like this.
  4. Rossocorsa1

    Rossocorsa1 F1 Veteran

    May 14, 2017
    6,203

    I agree with Dave. I actually prefer to reserve my driving time with both my Ferrari's as special occasions. I much prefer to always look upon my drive time as events. Somehow, making either of them daily drivers would minimize the impact and pleasure they give me. In the end, to each their own.
     
    Yassa and Dave rocks like this.
  5. F355Bob

    F355Bob Formula 3

    I don't get the special thing. To me if the car is pleasurable to drive, I want to drive it. It's like a guy saying I only want sex once every 3 months because anything more than that it wouldn't be special. Guys have Porsches they daily and I bet it still is special to them. Ferrari owners for some reason just don't drive their cars much. I'm always surprised how low the mileage on these cars are. Been on this site for 16- 17 years and the impression I have is a lot of owners are afraid of their car breaking and that is why you see posts" I just drove my car on a 200 mile trip" and everybody congratulates them like it is some major achievement. Never been on a track with another F355 which is where the car really shines. Been to many Road America races where my car is the only Ferrari among several thousand cars. Don't get it.

    I know there are a lot of posts that say we devalue our cars by posting how many repairs and how much maintenance costs etc. and there is some truth in that.
    But do we decrease the value in the marque and model when we have a what we think is a fantastic car that we only drive a few hundred miles per year. Doesn't a potential buyer ask if the car is so great and reliable, why didn't you drive it more? Not criticizing anyone just an opinion.
     
  6. Rossocorsa1

    Rossocorsa1 F1 Veteran

    May 14, 2017
    6,203

    All good thoughts. I think that the ownership experience, and then pleasure it gives, is a very personal thing. For some, driving it a lot is perfect. For others, their cars are more works of art and maintaining them to perfection is how they get enjoyment.
     
    Buzzl likes this.
  7. jgriff

    jgriff Formula 3

    Jun 16, 2008
    1,125
    Houston, TX
    I always have a Porsche as my daily and the Ferrari as a weekend car. I put about 10k a year on my daily and struggle to get to 1500 a year on the Ferrari. That's not because I want to preserve it. I just don't have time to drive it. The only way I could put more miles on it would be to drive it to work, then it becomes a lot less special. I did drive it 400 miles in one weekend but it's really not all that fun to drive it for long distances on an interstate. I prefer to drive close to home on nice weekends and really enjoy it.

    The low mileage has nothing to do with preserving it for me. I drive it as much as I want to, that's about 1500 miles a year.

    I tried going exotic as the daily driver once with an R8 V10 Spider. That pretty much ruined the fun of taking it out on the weekends.
     
    Yassa likes this.
  8. Dave rocks

    Dave rocks F1 World Champ
    BANNED

    Nov 23, 2012
    16,047
    Orchard Park, NY
    Full Name:
    Dave Lelonek
    It's simple. I love steak and pizza. If I eat them every night, I'm betting I won't like them too much after a month. :) And the sex analogy, Bob - well that's just in a category of it's own :)
     
    INTMD8 likes this.
  9. carnutdallas

    carnutdallas Formula 3
    Rossa Subscribed

    Nov 11, 2010
    1,702
    Dallas Burbs
    Full Name:
    Rob
    Great Post F355Bob. I would love to daily a 355. But, my E39 M5 is great for that. Drove me E39 540iA today - automatic comfort for the DFW traffic. My problem with my 355 is I have a terrible commute. Just not worth it to sit in traffic or deal with bad drivers. The M5 clutch is pretty easy and with 225k on it, it is fully deprecated, LOL.

    Maybe the Porsche’s are a little less special? I have daily’d a few over the years and I guess they are less of an Exotic? A new PDK car is probably the way to go. I just like more room for “stuff” that I tend to cart around. The 355 bonnet is a little harder to do that with.

    I just did a search for 355’s for sale nationwide and prices may be firming up? At least the ask.




    Sent from my iPhone using Tapatalk
     
    INTMD8 likes this.
  10. INTMD8

    INTMD8 F1 Veteran
    Owner

    Jun 10, 2007
    6,503
    Lake Villa IL
    I get it. I also have a few different cars, in the category of pleasure/summer cars.

    Really I like to keep them as nice as possible at all times so when I get in it it's the best it can be. If my Ferrari is sitting in the garage with dirt all over the carpets and needs to be washed, well that's not going to happen because that would annoy the hell out of me.

    So, a car I'm trying to keep super nice, do I really want to drive it an hour to work in heavy traffic where I can rarely accelerate (or piss people off by blowing them off the road with exhaust volume) then park it outside all day baking in the sun and getting dusty. Personally, no.

    So, driven 6-7 months out of the year, mostly on weekends and only weekends it isn't raining rotated out with other cars.

    I enjoy it a lot. If people can spend millions on art to hang on the wall I don't feel the least bit guilty about driving my "fun" cars at ideal times and weather. The rest of the time it's static art and just hanging out in the garage tinkering with them is very enjoyable as well.

    If someone wants to daily drive their Ferrari they will hear no complaints from me.

    To the daily driver crowd, I want to see pics of it on winter tires slogging through the snow. :D

    As for the sex analogy, well my girlfriend is capable of taking care of herself. When my F355 washes itself every day, does it's own maintenance, and heals on it's own if it gets some nicks and scratches I'll start driving it every day.
     
    Dave rocks and carnutdallas like this.
  11. 97 Spider

    97 Spider Formula 3
    Rossa Subscribed

    Dec 15, 2012
    2,241
    Texas
    Full Name:
    Brian
    Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login

    Drive it, wash it once every couple years. No problems. (I know... 348 but we are plenty off topic)

     
    INTMD8 and jgriff like this.
  12. Dave rocks

    Dave rocks F1 World Champ
    BANNED

    Nov 23, 2012
    16,047
    Orchard Park, NY
    Full Name:
    Dave Lelonek
    You've got big problems, Jim - she's not going to need you :D
     
    INTMD8 and jgriff like this.
  13. hammergb

    hammergb Rookie

    Sep 2, 2017
    36
    Westminster, MD
    you guys are great

    Sent from my SM-G930V using Tapatalk
     
  14. INTMD8

    INTMD8 F1 Veteran
    Owner

    Jun 10, 2007
    6,503
    Lake Villa IL
    Haha, true!
     
  15. Enzojr

    Enzojr F1 World Champ

    Dec 12, 2013
    14,001
    West of PDX
    Full Name:
    Tomy
    Image Unavailable, Please Login Just sold today on BaT.
    1999 355 B with a manual transmission, yellow with close to 30 K miles.
    $67,500 plus the 5% fee.
    Heated bidding in the last 15 minutes.
     
  16. SpeedDT1

    SpeedDT1 Rookie

    Mar 23, 2018
    13
    Eastern MA
    As the losing bidder (again...) I need people's opinion on this one- How high would you have gone?
    Selling price plus fee plus reg/tax, i would have been in at around $75k. Pretty reasonable price.

    Questionable accidents history, along with some wear that would need to be addressed kept me at that mark.
    Good call or missed opportunity?
     
  17. riccardone

    riccardone Karting

    May 24, 2015
    143
    Taxes and registration may be relevant to your budget but clearly they don't compute when comparing the value of one car to another. Imvho $71k after bat fees looks like a pretty decent buy even with the minor accident history.

    Sent from my ONEPLUS A5000 using Tapatalk
     
  18. WATSON

    WATSON Two Time F1 World Champ
    Owner Rossa Subscribed

    Sep 9, 2010
    21,722
    WI
    Well, just cursory glance has me wondering about that front bumper / fender line.
    The L/H headlight pod seems to be something less than flush with the hood.
    Something going on there...and that's just that pic. Didn't look at the BaT site yet...
     
  19. Enzojr

    Enzojr F1 World Champ

    Dec 12, 2013
    14,001
    West of PDX
    Full Name:
    Tomy
    With BaT you have to do quick research all within 5-7 days.
    $75 K is reasonable, it is a B car (preferred) by some, the MANUAL 6 speed, which Haggerty still claims is a $30,000 plus.
    ......maybe some day but not today.
    1999 last year so most factory issues are sorted, I almost bought a 95' yellow B car with carbon seats.
    I am right with you on this one 50/50 if I had gone any higher.
    You don't know the upper limit of the buyer, he may be a dealer ? and already have a buyer that will pay $80,000 for it.
    Most 355s at this point have wear issues, just took mine in yesterday for the major engine out service.
    Left them a $5,000 deposit hope that it covers half........but not likely.
    I bought new cats ($1,300) and carbon door sills ($800) and they are going to do some other stuff.
    Sticky parts (sublet) and some stuff I can't remember so will most likely be above $10,000.
    I also have 41,000 miles on mine so I would probably be lucky to get $60,000 for it ......on a good day.
    .....after the major service ;)
     
  20. mshobe

    mshobe Karting

    Mar 28, 2015
    112
    Seattle-ish
    Original headers, unsure about valve guides (it's a 99, so risk should be super low), minor cosmetic accident ~18 years ago. This seemed like a minor steal to me, mileage and overall condition-wise. Always hard to judge from internet-distance.
     
    Yassa and WATSON like this.
  21. SpeedDT1

    SpeedDT1 Rookie

    Mar 23, 2018
    13
    Eastern MA
    Thanks everyone. At least you all aren't slamming me for letting it pass by. There are always others to be bought, which is why I'm on here as well.
    Note: I just threw in my "all in" number to help understand what my cut off was - I expect to have to put some money in as well at this price.
     
  22. WATSON

    WATSON Two Time F1 World Champ
    Owner Rossa Subscribed

    Sep 9, 2010
    21,722
    WI
    Is there a link to the car on BaT?
    Can not find the "closed auctions" on that site.
    It is best I do not wonder around on that damn site too much or I will have a garage full of cars.
     
  23. Enzojr

    Enzojr F1 World Champ

    Dec 12, 2013
    14,001
    West of PDX
    Full Name:
    Tomy
    STAY AWAY ......I have been looking for awhile, next your brain says ........you need to register to bid ;)
    Scroll all the way to the bottom, then you can see the sold/did not meet reserve section. (Hit the auction button)
    But you have been warned, being single I may get in trouble before long on there.

    When you see the car click on it, pics and info along with questions and comments as you scroll down.
    .......if you screw up, I want a ride in it.........lol.
     
    WATSON likes this.
  24. WATSON

    WATSON Two Time F1 World Champ
    Owner Rossa Subscribed

    Sep 9, 2010
    21,722
    WI
    Ha...that's awesome.

    errrrr, stay tuned. :)
     
  25. Dave rocks

    Dave rocks F1 World Champ
    BANNED

    Nov 23, 2012
    16,047
    Orchard Park, NY
    Full Name:
    Dave Lelonek
    We have all the parts from this car in house to refinish. Owner sent them here and I did not realize until today that it was for this car. It was not a dealer swap - he had other dealer get the car for him for other reasons I'm not at liberty to disclose. Owner plans to make the car pristine starting with having us refinish every single interior part which will begin tomorrow.
     

Share This Page