Maybe time for another set of headers. Image Unavailable, Please Login The B's and S's are coming out of the woodwork. Looks like a market top may be at hand.
Nothing of great quality has hit the market. People with mid-grade examples for the most part cashing in on the lack of supply. I have a 964 RS in my garage right now and it cost almost 2x what a nice, rare optioned 355 costs. This isn't the top this is playing catch up.
I'd say cashing out....while the market is high. We'll see where it goes from here in 6 months to a year. Don't get me wrong. I'm glad to see prices rise. But nothing goes straight up and my feeling is that prices are getting toppie.
I’d take this car over the 127k 5.2 yellow GTS, the 160k 5.2 Red GTS , and the 180k 5.2 Red Berlinetta. If it wasn’t for the seats, horribly painted wheels (quality of job), unaddressed stickies, and subwoofer, I’d say this car is $125-$150k. I’d probably sell my black seats for $5k if the new owner is interested. If one is looking for a manual Berlinetta, it would be a mistake to pass this one up. I’ve got over $120k. Who’s taking bets?
One thing I like about the 95’s is the red (300/12) is single stage and matches later model F40s. After the 95, Rosso Corsas have gradually become more orange. 300/12 is less bright but more of a pure red. Keeps it in the same era as the F40 Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login
^ Haha well yeah I would rather have this car over the 5.2's as well but I happen to like October 94 build Berlinettas Agreed on the paint. My red 99 GTS was noticeably more orange than my 95.
No, I haven't been saying it for 5 years. I said it 5 years ago, and I was right. Lately I have been skeptical of the price rise. And seeing what is happening now I suspect that the market is approaching another top. Might take another 6 months, but there will be another pull back. Sure, if you plan to hold your car for another 10 years it will probably be worth more. But if you are looking to sell the time is at hand in my opinion. So what is it? Are the cars that are coming on the market the smart money getting out or just people selling too early? You won't know until the prices start to drop. Anyway, I know you all hate Hagerty. The prices may be off but the trends are what they are. So here is where we are. Where are we going and for how long? These sharp rises always indicate over exuberance. The market as come too far too fast and I suspect will at least take a pause and perhaps a pull back by summer. Just my take. I don't mind being wrong, but I'd sure rather be a seller than a buyer at the moment. Image Unavailable, Please Login
What would it cost to redo the seats, wheels and sticky parts and ditch the woofer? Under $10k I would guess. The stripe probably peals off.
Should be less than $10k. Problem with re-doing seats is you can spend a couple of grand and it could still look off. I’d source a good set of used seats and call it a day.
@john6k I’m betting we see prices skyrocket this summer. Fireworks, as long as the right cars are brought to market. If there is a pullback, it would be in the winter imo. Mike @Yellow Compass and I communicated briefly last night regarding selling my car. He feels the market is strong and I would be very happy with the final price. Not a knock on him, but if he told me $150k right now, I would politely decline. Partly because the car is not ready for sale, I’m not ready to sell, don’t have an immediate need for the cash, and I can’t find an alternative car to buy unless a high mileaged 95 Berlinetta pops up. And I’m probably a bit more obsessed with the 355 than your avg. owner . If I needed the cash, I’d be satisfied with anything between $100-150k of course.
Guess I just don't understand what "top" means. Of course prices fluctuate but I've never seen a graph with multiple spots labelled "top". I always thought that meant the highest point, not, 'see all these marks on the graph, that was the top'
Didn’t find black seats but found a pair of what looks to be a set of mint tan seats from Italy. Yep.. $5k for a good used set seems to be the current going rate . https://www.ebay.com/itm/133599258157
I have been offered the equivalent of 275k USD for mine. RHD market though. Still HOLD. I think there is a way to go yet and can’t replace it with anything as emotive as an F355 for me personally.
The example I have coming in is "not for sale" and would take north of 250 for me to even consider it. 3+ years of searching for a manual blue Berlinetta with carbon seats. I have a manual 6.2 Murcielago, a 360 CS, and a 550M. I would sell any of them in a heartbeat for close to market value. The 355 you will have to pry out of my diamond hands.
https://www.pistonheads.com/buy/listing/11316622 1996 Ferrari F355 GTS, RHD, Manual, 22k miles Blue Sebring Met 503/C $132,500 USD Equivalent
There was another right hand drive Rosso/Nero 1998 Berlinetta that was posted in the UK today for about $133k USD equivalent. Carbon seats and manual. 31k miles or kilometers not sure. Either ad was pulled because priced too low and they were bombarded or it sold instantly. Lets see if it pops up again.
“Finished in an extremely rare colour of 'Blue Sebring Met 503/C' it is believed to be one of only two in the world in this particular shade of blue, we are informed that the other example resides in Italy and is a Berlinetta.” Ok. I think we need a thread dedicated specifically to blue 355’s with exact color code mentioned when posted .
I recall Dave Rocks sold a Red/Black 95 Manual Berlinetta for $95-100k roughly 3-5 years ago. I sort of keep mental track of Red/Blacks GTB’s that move in the U.S as I couldn’t find one when I was first looking for one and I searched for 2-3 years. They’re in much smaller numbers vs outside of U.S.
Dare I say roaring 20's could cause demand to skyrocket when people are allowed to be active without fear of a pandemic? By 2030, many states and countries are restricting ICE so in the short term (up to 2025 lets say), prices could continually rise while in the long term (as 2030 is closer in sight), people may be fearful of how the restrictions could limit their fun. We are after all habitual creatures and already seeing a repeat of the 1900s with electric vehicles.
I think 2020 had many of us begin to reflect on our own mortality. Life can be unexpectedly short. Get it while you're still good. On a more personal level, my pops was diagnosed with a late stage prostate cancer (Gleason score of 10) this past fall. He's under the best care at UCLA and his doctor called me yesterday to tell me his PSA level is down to 3.4 (Was 90+). He's doing much better, which is somewhat of a relief, but you never know with these types of things. It is of utmost importance to me that he sees my decade long 355 project complete or at least near completion. I ain't sellin' nothin' til then.
