Please explain to me a $111,000 355 | Page 3 | FerrariChat

Please explain to me a $111,000 355

Discussion in '348/355' started by Ferrari Fanatic, Jan 29, 2019.

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  1. ttforcefed

    ttforcefed F1 World Champ
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    #51 ttforcefed, Jan 29, 2019
    what did you pay for the car and what did you put into it?
     
  2. ttforcefed

    ttforcefed F1 World Champ
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    #52 ttforcefed, Jan 29, 2019
    its as clean as your gonna get for an original interior. that car shows way better than anything on ebay right now and better than prior BAT sales.
     
  3. ttforcefed

    ttforcefed F1 World Champ
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    #53 ttforcefed, Jan 29, 2019
    same guy bought the black 512tr and a few other toys in BAT - the guy is having fun, God bless him
     
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  4. Dave rocks

    Dave rocks F1 World Champ
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    #54 Dave rocks, Jan 29, 2019
    I paid $68k for a 9700 mile prom night virgin with a fresh major and new tires. I'm not home and I forget how much I put in but not $10k. Those days are gone but you asked.
     
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  5. Dave rocks

    Dave rocks F1 World Champ
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    #55 Dave rocks, Jan 29, 2019
    No, mine was better and so are others.

    It's not a bad car but far from a pristine example. I summed it up several posts back.
     
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  6. ttforcefed

    ttforcefed F1 World Champ
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    #56 ttforcefed, Jan 29, 2019
    that's my point - how many of those do you think traded like that? id be shocked if it was a handful. so did the guy overpay by 10k - totally possible. did he overpay by 20k - unlikely.
    it's hard for people to digest but miles matter A TON. with 30k miles the car is worth 20k to 30k less all day.
     
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  7. Dave rocks

    Dave rocks F1 World Champ
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    #57 Dave rocks, Jan 29, 2019
    I own 2, had a third. Been following the market for years. Read my prior post.
     
  8. Natkingcolebasket69

    Natkingcolebasket69 F1 World Champ

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    #58 Natkingcolebasket69, Jan 29, 2019
    That I wholeheartedly agree- miles matter


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  9. Dave rocks

    Dave rocks F1 World Champ
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    #59 Dave rocks, Jan 29, 2019
    I sold a 30+ mile car for not far from 6 figures
     
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  10. Ferrari Fanatic

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    #60 Ferrari Fanatic, Jan 29, 2019
    Serious question. How many people believe that every 355 on the road have never been driven with a “broken” speed sensor or disconnected speed sensor.

    I once was behind a BMW M3 and clearly saw the harness just hanging un plugged and flapping in the wind.

    I can’t think like a criminal as it’s not in my DNA. But one could argue it’s not Federal Odometer fraud but an OBDII issue that could have gotten fixed before the sale.

    I dunno I just don’t trust what shows on the Odometer.
     
  11. ttforcefed

    ttforcefed F1 World Champ
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    #61 ttforcefed, Jan 29, 2019
    What was special about it?


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  12. Ferrari Fanatic

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    #62 Ferrari Fanatic, Jan 29, 2019
    Last edited: Jan 29, 2019
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  13. jbarbakow

    jbarbakow Karting

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    #63 jbarbakow, Jan 29, 2019
    What 355 do you have?
     
  14. Natkingcolebasket69

    Natkingcolebasket69 F1 World Champ

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    #64 Natkingcolebasket69, Jan 29, 2019
    Some time people don’t do their due dilligence


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  15. ttforcefed

    ttforcefed F1 World Champ
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    #65 ttforcefed, Jan 29, 2019
    Paint work on multiple panels. Interior is shot. Aftermarket stereo. Tacky carbon fiber pieces. Unregistered for a while. Questionable odometer reading.

    Are you guys in crack when ur comparing cars? Night and day difference. I wldnt buy that yellow car with someone else’s money.


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  16. Ferrari Fanatic

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    #66 Ferrari Fanatic, Jan 29, 2019
    I have had two. A 1998 Red Tan Spider, and now a 1997 Red Tan Spider. 30k miles, I am the 3rd owner for last 11, 30k belt service done last year at an FNA Dealer, headers, cats, and stickies done. It’s a beauty.
     
  17. Ferrari Fanatic

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    #67 Ferrari Fanatic, Jan 29, 2019
  18. Dave rocks

    Dave rocks F1 World Champ
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    #68 Dave rocks, Jan 29, 2019
    It was near mint as I put 8 months work into it. Search my threads and you will find it.
     
  19. Ferrari Fanatic

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    #69 Ferrari Fanatic, Jan 29, 2019

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  20. alexion

    alexion Formula 3
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    #70 alexion, Jan 29, 2019
    When I see restoration threads on total basket case 355’s that are likely in the 6-figure plus range, I can easily understand the logic of paying 6-figures for a virgin example with low miles and in excellent condition. It’s also a buyers market right now, so by that gauge, maybe the buyer paid a bit much, but it’s only a matter of time until the market creeps up again. I don’t think you can overpay for a good Ferrari.


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  21. alexion

    alexion Formula 3
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    #71 alexion, Jan 29, 2019
    Curious to hear about your M3 as I just bought one recently as well. You have $25k into it over the purchase price?


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  22. sec16518

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    #72 sec16518, Jan 29, 2019
    Mileage is like age....just a number....
     
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  23. Dave rocks

    Dave rocks F1 World Champ
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    #73 Dave rocks, Jan 29, 2019
    Actually, it's not. It's an indicator of wear and tear. A car is only original once.
     
  24. sec16518

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    #74 sec16518, Jan 29, 2019
    Totally disagree with that statement....
     
  25. sec16518

    sec16518 Rookie

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    #75 sec16518, Jan 29, 2019
    It is only an indicator of miles driven.....a properly maintained car may show less wear/tear than an other driven much less and not cared for.
     
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