F355 Market | Page 237 | FerrariChat

F355 Market

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

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  1. tres55

    tres55 F1 Rookie
    Rossa Subscribed

    Sep 18, 2012
    3,479
    Canada
    That facility must have been huge overhead. Probably went in over their head.

    There's a thread in the Rosso forum about the whole debacle.
     
    ShineKen likes this.
  2. ShineKen

    ShineKen F1 World Champ
    Silver Subscribed

    Aug 3, 2007
    16,407
    Southern California
    Full Name:
    Nostradamus
    The facility is absolutely beautiful. Slightly on a hill top, open air floor. Right next to freeway. Beautiful mountain views. Huge. Clean. Modern. Arguably nicer than some Ferrari dealerships. About 15-20 min from my office. The old place was 10 min from my office. It was a nice place to consign your car as the showroom displayed cars very well. Turned out to be a HUGE trap many of us could have easily fallen for.
     
  3. tres55

    tres55 F1 Rookie
    Rossa Subscribed

    Sep 18, 2012
    3,479
    Canada
    I'll admit I used to check their inventory all the time and probably would've been a customer at some point myself.

    I think they started out with good intentions and just got in over their head...black swan event like the pandemic exposed it all. Like Bernie Madoff and 2008.
     
    ShineKen likes this.
  4. Doramon0720

    Doramon0720 Karting

    Jan 17, 2015
    92
    Rancho Palos Verdes
    Full Name:
    Steven
    Hi Guys, I am thinking of trading in my '99 GTB F1 16K Mile in for a '06 F430 GTB Gated 30K. The owner is asking for about 82K for it. I was wondering if I can break even on the trade and if I should do it! All recommendations welcomed!! Thanks in advance....
     
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  5. jag-oo-r

    jag-oo-r Formula Junior
    Silver Subscribed

    May 27, 2015
    423
    You found an '06 f430 with a 3rd pedal, for $82k?

    Sent from my SM-G970U using Tapatalk
     
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  6. Doramon0720

    Doramon0720 Karting

    Jan 17, 2015
    92
    Rancho Palos Verdes
    Full Name:
    Steven
    Yes
     
  7. Kokose7en

    Kokose7en Karting

    Dec 5, 2019
    207
    SF Bay Area
    Just buy it for $82k. Even $30k on top of your car is a good deal.
     
  8. Doramon0720

    Doramon0720 Karting

    Jan 17, 2015
    92
    Rancho Palos Verdes
    Full Name:
    Steven
    Are you saying my car is only worth $52K?
     
  9. jag-oo-r

    jag-oo-r Formula Junior
    Silver Subscribed

    May 27, 2015
    423
    What's wrong with it? That's mid- mileage f1 territory.
    Eyes wide open!


    Sent from my SM-G970U using Tapatalk
     
  10. OCKlasse

    OCKlasse Formula Junior
    Rossa Subscribed

    Oct 5, 2006
    637
    Newport Beach, CA
    Full Name:
    Brandon K
    if you pass, please pass it along to me. I’ll buy tomorrow if it checked out :)
     
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  11. 32 Ford

    32 Ford Karting

    Jan 31, 2021
    172
    vancouver
    Full Name:
    Mike McGowan
    And I 'll give you $60K for the 99. :) no inspection needed
     
  12. Kokose7en

    Kokose7en Karting

    Dec 5, 2019
    207
    SF Bay Area
    No, I’m saying even if the f430 is $112k its a good deal. GTB? Gated? Converted or not... just do it
     
    carnutdallas likes this.
  13. ShineKen

    ShineKen F1 World Champ
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    Aug 3, 2007
    16,407
    Southern California
    Full Name:
    Nostradamus
    Nothing to think about. BUY.
     
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  14. Doramon0720

    Doramon0720 Karting

    Jan 17, 2015
    92
    Rancho Palos Verdes
    Full Name:
    Steven
    16K mile '99 F1 is a mid-mileage terrioty F1 and worth only 52K? Wow, I am not sure even @johnk... will agree with that.... then again.. I can be wrong...
     
  15. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    18,759
    Factory gated 430 for 82k? Where and why?
     
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  16. OCKlasse

    OCKlasse Formula Junior
    Rossa Subscribed

    Oct 5, 2006
    637
    Newport Beach, CA
    Full Name:
    Brandon K
    I called first dibs, haha!
     
  17. INTMD8

    INTMD8 F1 Veteran
    Owner

    Jun 10, 2007
    6,486
    Lake Villa IL
    Saying the 430 is worth 30 more than your 355 isn’t implying your car is worth 52. The meaning is the 430 is under priced. (Based on info so far)
     
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  18. Targatime

    Targatime Formula 3

    Feb 22, 2014
    1,211
    Los Angeles
    I would buy the 430 for $82K outright and then sell your 355 later (for quite a bit more)
     
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  19. ShineKen

    ShineKen F1 World Champ
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    Aug 3, 2007
    16,407
    Southern California
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    Nostradamus
    This 430 pink or sumthin’? What’s the catch?
     
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  20. Ferrarista98

    Ferrarista98 Formula Junior
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    Jan 7, 2018
    257
    Full Name:
    Jason L
    If it sounds too good to be true…
     
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  21. johnk...

    johnk... F1 World Champ
    Owner

    Jun 11, 2004
    10,626
    CT
    Full Name:
    John Kreskovsky
    Yea, I would expect it to be around twice that if it's a decent car.
    Image Unavailable, Please Login
     
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  22. INTMD8

    INTMD8 F1 Veteran
    Owner

    Jun 10, 2007
    6,486
    Lake Villa IL
    I would buy the 430, list it on BAT and keep the 355 :)
     
  23. Doramon0720

    Doramon0720 Karting

    Jan 17, 2015
    92
    Rancho Palos Verdes
    Full Name:
    Steven
    I
    Let me go confirmed before I make a fool of myself...
     
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  24. Ferrari Fanatic

    Ferrari Fanatic Formula 3

    Apr 2, 2003
    1,317
    SoCal
    Maybe it’s the 430 listed at CNC.

    LOL

    Mystery solved.
     
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  25. jag-oo-r

    jag-oo-r Formula Junior
    Silver Subscribed

    May 27, 2015
    423
    I think you're misunderstanding my comments.
    I've no comment whatsoever about the value of the f355. I'm talking about the f430.

    An '06 F430 with "mid-mileage" (say, 20-25k) with F1 transmission would likely sell quickly for $82k. But the gated, 3-pedal version should be at least 50% more than that. I'm wondering specifically what's wrong with it?

    Sent from my SM-G970U using Tapatalk
     

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