Current market pricing debate on 355's

I am thinking about selling my pride and joy ...
1998 f355 BERLINETTA 13K MILES a perfect 10 !! no stories of any kind !!
6 spd Manual, originally delivered in miami by THE COLLECTION
if anyone is interested in the particulars please PM me. i will consider offers over 70k nothing less.
Image Unavailable, Please Login
Image Unavailable, Please Login
Image Unavailable, Please Login

 

I'm in the market for a 355, and yours looks clean but it seems overpriced considering most "no issue" 355's are going for 50-60k nowadays. Good luck with the sale.

 

I think there are quite a few of us who will not go under 70K,



Good luck with your "no issues" 50k Ferrari.

Here's a bit of advice..... memorize Ricambi's phone number.

 

Good luck with those cars. Cars that have all service records, up-to-date services, and all new parts that will eventually go bad are not being sold in the $50k range. Those $50k cars may have had a recent service...but look at the receipts for all the other parts that will fail on a 355. As I found out, it costs thousands and thousands of dollars to make a 355 100% right. I spent over $20k.

 

+1

I spent over $20K to make my 355 Spider perfect and I will not take a number less than one that starts with a 7. Sorry, we get what we pay for. Anyone who sees it would understand. Talk is cheap, substance is real.

 

I've spent almost 20k also but I think I'm a little more realistic. This is a shi$$y time to be selling anything!!! It's sad to say it but for the most part these are 55+ to 65+ cars. Everyone can hope a pray and say my car is a 70k car and you might find a person that will buy it. It doesn't matter how much you spend on a car for maint. it's still only worth what someone will pay for it.

How many people are out there saying I've spent 10k on my chev. or other makes and think it's worth 10k more than the market is selling for??? Comon guys 360's are selling in or below 90k and sadly 355's are not that special.. It's not a low production car.

Now don't get me wrong I think my car is a 70k plus car but I know if I put it on the market and really want to sell it, not just say "I think I'll sell my car" it's going to be in the high 50's or low 60's that just the way it is!!!

Just my .02 cents

Reg

 

Which is why I have mine priced at $63k.

 

BLAMPEE and GABU, your 355's are RAVISHINGLY GORGEOUS, I can't believe you would even consider selling.

Consider this a weak attempt at trying to get you guys to change your mind

 

Vegas Guy you might be right .. but it is also truth that there are many many 355's out there and most of them are in need of something .. or they have a lot of miles, the interior needs to be fixed ..and it adds up ... the only thing i replaced in my car was the ashtray and at ricambi america was $500 bucs ... for the crapiest piece of plastic ever.
But in the end is like you say ... the market today is not what it was 2 years ago and it will take time ....
look at the guys that got the scuds .... when they came out 2 years ago they were 499 today 250 even 230 ..... the fioranos were 500k in o7 and today an 08 / 09 is 300 ...
512's are a joke ... they were over 300 grand and you can already find nice ones for 115 120.... so we are all suffering here ... so i guess that if we are going to loose in our investments anyway ... we better put some miles and enjoy them .....
at least we can enjoy the loss ... the guys in the stock market cant say the same !!

BUT IN THE END ... I STILL WANT 70 + OR I JUST KEEP IT !!

 

I also have over $20K in the last 2 years ($23K to be exact) in mine to make it just perfect, and it is, but I am asking $56K. Why? The current market sets the price, not me. This was a $75K car 2 years ago, but I have to face reality. I have seen 355's priced $65K and up that have not moved in over a year. You guys can ask all you want for your 355's, but at the end of the day it's the selling price that will determine it's value
Image Unavailable, Please Login

 

Guys is like anything else. Everyone has an opinion .. there are always different points of view. Good luck to all of you selling and buying !!

Rgds

 

I really don't want to hijack this thread... but I just want to say:

The Chevy analogy doesn't really hold up with respect to people like us who have "fixed in advance" IMMINENT problems.

A list of IMMINENT 355 problems:

-headers
-valve guides (for valve guide-prone model years)
-catalysts
-sticky interior
-axle boots
-engine mounts

And the list goes on.

These things cost over $10,000 to fix, and throw an engine-out service in there and you're over $20K.

The following opinion is as close as an opinion can ever get to being fact -- it's stupid to buy a 355 that hasn't had any issues fixed when you can by one that has for *pennies* (or dimes) on the dollar.

Now, if you can fix it yourself or pay wholesale prices, fine -- buy the car from the cheapskate who wouldn't fix anything. But if you don't want the headaches and can get a good discount on perfection, then goddamit you betcha the car is worth extra money.

 

Gabu,
I think your previous post proves our point. You are missing the current market on modern ferraris. 360s are 65-75k, 512s are 80-90k and 355s are 48-60k.

I just sold my serivced (headers, cv boots, engine mounts, clutch, sticky stuff etc etc) 1995 GTB for 55k. The car will need a service in 2 years and the new owner might need to do valve guides at that point if they choose.

The point is, you car is very beautiful, but at 70k, it is not technically "for sale"

 

360s are 65-75K?

These prices you quote are FerrariChat prices.

They are not actual retail "selling" prices. They're not even wholesale prices.

You might be very well connected, so I don't want to make any assumptions. I just happen to know what is going on by me dealer-to-dealer on ILUX, Manheim, etc. And also I am aware of retail prices.

Sure, I am a biased Ferrari owner in the opinions I state. But in terms of the actual trading prices, the amount of garbage I see on FerrariChat about how horrible things are is astounding.

 

The Chev. comment was because for some reasone people that own Ferrari's seem to think they should get there money back for maintenance when they sell there car!! It's maintenance things break and it's big $$$ when they do it's just part of owning a Ferrari. I have things that break on my Range Rover but when I go to sell it I'm not going to expect someone to give me more money just because I fixed somethig that broke (I wish) We all knew going into buying a 355 (at least most of us) that it's expensive to own one. I'm not going to expect the person that buy's my car (if any) to repay me for doing normal maintenance and fixing things that break.

Reg

 

So if you sold your 1995 berlinetta for $55K and it had all that stuff done WITHOUT valve guides...

Would you tell me that I should sell my 1995 berlinetta that had all that stuff done IN ADDITION to having had the valve guides job done for $55,000 also??

(It would cost *at least* $12,000 for the next guy to do the valve guides job and the major service on the car you sold him.)

 

you have a point. but i just can't avoid making comparisons
i see cars for sale at 55 60 that need a lot invested in it ... my car has every single screw washer o'ring and everything else perfectly original and in its place .. the only thing i changed was the exhaust for a tubi, kept the original and my best friend gave me a challenge grill that i never installed because i did not want to remove two originals rivets and the screws that hold the original flat panel.
So i guess that i will keep my 355 until the right buyer comes along.

 

At this point it's just a selling point, it just makes your car stand out over others. Sure you'll get a little more but for the most part we will never get half the money we put into maitenance no matter what we fix...

I'm with ya I'll just drive the crap out of it, put as many miles on it I can, when something breaks I'll fix it. If I sell it and only get what the market brings so be it, on to the next one it is for the most part just a car. It will not go up in value..

 

They absolutely are selling prices for 99-01 coupes. I'm on my iPhone now, so incant provide references, but I'd be happy to tomorrow.

 

I believe the maintenance adds to the value. I was looking at a few GTS's in the 65k range that had original headers and were due for a major.

I paid 69k for my 99 GTS but it had a major and headers done 2 months and 100 miles prior.

Well worth the extra cash to me, and as a bonus the car has some rare options.

 

like everything else guys ... a shoe for every foot !!
i still believe that a perfect car with no stories that wasn't neglected and with low miles should bring a premium here and in any other planet ... we can argue it all day ... cars the nought and sold everyday ... in this or any economy ... i will just keep mine in the garage and if someon come with the right offer i will trade up and if not then i'll wait .. i would love a challenge stradalle ...

 

well said... remember everything goes for what people are willing to pay and people just arent paying $70k...

Its winter, the market for ferrari's is bad and the 458 is out now... I doubt you will ever see close to 70k for a 355 again... althought nice rides, they just aren't rare enough cars.

I would rather spend 1/3 more and get a 430 which IMO is much better value for money.

Either way, I'm not trying to be ****** here, just calling it like a buyer see's it.

 

Your thinking about it? So you want an offer over 70 and you'll think about it?

Get serious this is the SELL thread not the CONTEMPLATION thread.

nuf said

 

I don't know, I started a thread here about a month ago stating that I was looking for a no stories nice GTS up to date on maintenance for around 60k and the concensus was that was probably not going to happen.

 

A 1/3 more. Ok that must be a typo!?