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Does the fact that my 1995 F355 GTS (verde/tan) is imported from Europe affect resale value in US?

Discussion in '348/355' started by Ben Bliss, Apr 1, 2021.

  1. Ben Bliss

    Ben Bliss Rookie

    Jan 2, 2019
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    Ben Bliss
    I’m importing an F355 from Europe. It’s 25 years old so there are no FMVSS/EPA/DOT issues. It’s in full compliance, all paperwork and import materials sorted.

    Will the fact that it is imported, (speedo in KM, oblong license plate holder, etc.) affect resale price in the US? I wouldn’t hesitate to buy an EU-delivered model in the states, but I’m not an expert. Also the fact that the verde/tan combo is very rare could help...

    Thanks for your thoughts.
     
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  3. Steve Magnusson

    Steve Magnusson Two Time F1 World Champ
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    Jan 11, 2001
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    #2 Steve Magnusson, Apr 1, 2021
    Last edited: Apr 1, 2021
    What state are you in? Pretty sure that it couldn't be resold in CA. Wouldn't be a negative for me, personally, but don't you still:

    "Finally, even if you have imported a 25-year-old roadworthy classic beauty from Europe, it has to comply with US safety and crash standards put forward by the EPA and DOT. You should be ready to modify your classic vehicle if necessary to meet the safety and crash requirements."

    e.g., side marker lights, door reinforcements, etc..

    https://www.shipoverseas.com/blog/classic-car-import-cars-europe-usa/

    PS Always like seeing models in verde -- even weird verde (germoglio -- which goes so complementarily well with black trim and black tires IMO) ;)
     
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  4. ginoBBi512

    ginoBBi512 Formula 3
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    Oct 9, 2016
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    Sounds like a nice car, who cares what the resale is, keep it , drive it , and have fun. If not, buy one here and do the same.

    Thank you
     
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  5. ShineKen

    ShineKen F1 World Champ
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    Aug 3, 2007
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    Resale value might not matter 5 years from now as buyers will buy what they can get due to limited availability in the market. Plus. I think the euro version has much better visual features than our U.S version.
     
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  6. ScottS

    ScottS Formula 3
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    Mar 2, 2004
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    Resale will be ever so slightly different. Think 3-5k maximum to answer your question.


    Call me when you’re done. I’ll take it without a discount. Call me


    Sent from my iPhone using Tapatalk
     
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  8. max930

    max930 F1 World Champ
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    Apr 16, 2017
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    With certain buyers, yes. I'm in Canada. Instead of a 25-year rule, ours is 15. Lot's of Japanese market cars here, I avoid them. We also have a lot of former American market cars here. I also avoid them. But I might be in the minority here or dealers wouldn't import them.
     
  9. ShineKen

    ShineKen F1 World Champ
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    Aug 3, 2007
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    Currently, 355 prices in Europe are very similar to prices in North America. Perhaps even 10-20% more in some cases. Add in the importing costs and hassle and you brought in a pricey car.

    With limited availability of cars now and in the near future, I don’t see an abundance of sellers willing to take huge losses for their efforts. That should help keep the imported market supported.

    Euro 355s tend to have better/rarer specs and color combinations or at least in more abundance than in North America. My advice is to bring in rare, but desirable specs. And you’ll be safer bringing in a manual GTB/S. Cars equipped with pre-airbag steering wheel or carbon sport seats is a big plus.


    Verde/tan, might be rare and beautiful to you, but not many are after a verde 355 or a verde Ferrari in general. If you’re lucky, you might find a buyer who REALLY wants verde and you might get close to your ask.
     
  10. rob lay

    rob lay Administrator
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    Dec 1, 2000
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    Your euro Super America's etc get dinged quite a bit from that same time period. 355's probably not as much, but still something.
     
  11. ShineKen

    ShineKen F1 World Champ
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  13. davem

    davem F1 Veteran
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    My fear as a buyer is there a way to know the history??
    Is there Carfax etc overseas....
     
  14. GrigioGuy

    GrigioGuy Splenda Daddy
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    Nov 26, 2001
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    I think your color combination is a bigger problem than a euro car.
     
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  15. INTMD8

    INTMD8 F1 Veteran
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    Jun 10, 2007
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    Another way of looking at it is some people have been searching for a perfect color F355 for years and will probably never find it.

    I like verde but if you can buy it at a discount and do a color change you might end up with your dream car instead of nothing at all. :)
     
  16. aatk

    aatk Rookie

    Nov 24, 2017
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  17. ShineKen

    ShineKen F1 World Champ
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    About a year too late. Market’s up 50% :).
     
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  18. aatk

    aatk Rookie

    Nov 24, 2017
    44
    I know.
    Hence my somewhat tongue in cheek comment.
     
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