F355 Market | Page 111 | FerrariChat

F355 Market

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

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  1. 97 Spider

    97 Spider Formula 3
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    Dec 15, 2012
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    When I bought my 355 I used the buy it now on eBay, but we worked out the full deal afterwards with a few concessions from them. On my 348 I saw it on eBay for a couple unsuccessful auctions then I contacted the dealer direct to work out a deal.
    Not that they are very strict on it with the rest of eBay but they push that a bid is a binding contract but in the automobile auctions they specifically say it is NOT a binding contract and the bidder does not have to follow through with the purchase. That’s why you get so many dead beat bidders. The same is true for the seller too though, no point in putting a reserve on anything because you really don’t have to sell it when all is said and done anyway.
     
  2. 97 Spider

    97 Spider Formula 3
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    Easy not to have the records even on a damage repair, these cars change hands and books don’t get sent along, some people just don’t care as much either. But there are plenty of Ferrari, Lamborghini, etc out there changing hands with zero history or paper work.
     
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  3. 97 Spider

    97 Spider Formula 3
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    I’m not 100% sure on the actual cars and trucks auctions because they have a lot of different guidelines than the rest of eBay. But I don’t believe you can cancel bids or pull an auction in the last 12 hours on eBay. If it runs into the last 12 hours everyone is locked in. Which really doesn’t matter because ebays auto auctions are totally non binding anyway.
     
  4. Dave rocks

    Dave rocks F1 World Champ
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    Yes you can. I've seen it happen more times than I have fingers and toes ;)
     
  5. 97 Spider

    97 Spider Formula 3
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    Yeah, I wasn’t 100% sure in the cars, I’ve sold 4 or 5 on eBay over the years including my 355 but I’ve never tried to stop an auction for one. I know even eBay motors has a ton of different rules from eBay. I suppose they let them do it because of the whole non binding thing on vehicles.
     
  6. Dave rocks

    Dave rocks F1 World Champ
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  7. Dave rocks

    Dave rocks F1 World Champ
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    So, Ken - ebay shows "Sold at $36,700" - is the winner paying up and closing the deal?
     
  8. 0.0.1.99

    0.0.1.99 Formula Junior

    Jan 14, 2012
    423
    Carolinas
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    Ken
    No problems so far. I expect it to close on Wednesday.
     
  9. Robb

    Robb Moderator
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  10. 0.0.1.99

    0.0.1.99 Formula Junior

    Jan 14, 2012
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    Ken
    It's the the dual power sport seats that earn it the extra $10k.
     
  11. Dave rocks

    Dave rocks F1 World Champ
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    And the black contrasting stitching :D Nice to have facts about a $100K car you are trying to sell (for well over a year)

    I think it was up to $115K and down to $85
     
  12. johnk...

    johnk... F1 World Champ
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    Jun 11, 2004
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    I could have bought that when.......:(
     
  13. Dave rocks

    Dave rocks F1 World Champ
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    $85K not $85, John ;)
     
  14. carnutdallas

    carnutdallas Formula 3
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    Why don't we all go up $10k+ more and proactively raise the market on nice cars. Lots of junk, decent salvage cars and high milers selling, but us nice car guys are asked to give them away. Most of us all own one and are enthusiast, willing to drop money on "scheduled services" but not price accordingly.

    Over produced 930/911 Turbo's with judicious mileage claims are kicking our ass in values. I have owned plenty of 930/911's but the driving sounds, handling and overall feel is not as good as my 355. I think they might have that better German Teutonic aging, but not the driving experience.

    I will be the first:

    1996 GTS Ross/Tan Gated 33k Miles, all service done in 2016, 3k Miles ago, heads, complete exhaust, Spare Brembo Brake set, no lights, no issues. New +1 Mich tires plus low mileage OE Pirelli's. some wheel paint issue - drive it and enjoy it, so have not restored. Oil service up to date, due again in March/April. Climate garage. $99k


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  15. Raiden

    Raiden Karting

    Mar 13, 2015
    52
    I agree with carnut,
    helped sell a 930 slant nose that belonged to my father to an Fchat member for a hair under 300k. It was a really nice, all original car with 10k miles. How the P-cars have gone so crazy is beyond me. I drove that car a little here and there, and it was cool once the boost kicked in. I think my 355 is the better car for less than 1/3 the price.
     
  16. spider348

    spider348 Formula 3

    Nov 3, 2003
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    Market for 430, 360, 355, 348, 328, 308 etc has softened considerably! Have a good friend just purchased a 430 spider for +30% less than the cars were selling a year ago.
    Have advertised my 355 spider, black/black, fully serviced 2 months ago, 36k miles, excellent driver. Cannot get offers or even enough interest to look at the Ferrari! Also tough when out of 20 355s for sale, 15 are under 25k miles.
    Purchased my new to me 360 spider for 40% less than the dealer originally asked for the car. Not a good market for sellers. Great market for buyers!
    Regarding Porsche. Owned a '67 911S, '68 911E, '75 Euro 930, '79 930 and a '85 930S Flachbau. Bought and sold cheap when they were just used German cars!
     
  17. Dave rocks

    Dave rocks F1 World Champ
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    John, I generally agree except we saw 2 95's GTB's sell in the last 1-2 weeks. The first was Robb's and the other is the CDF one CNC sold.
     
  18. spider348

    spider348 Formula 3

    Nov 3, 2003
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    Agreed Dave. Exceptional models are selling. Robb's appeared to be a top shelf example. Early GTBs are valued to prospective buyers.
    Similar to the premium now commanded by stick 360s and 430s.
    Buyers determine market.
     
  19. Robb

    Robb Moderator
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    I agree that it is a slow market for Ferrari's currently. My car had most items in great shape with all maintenance up to date except it is due for a belt change sometime soon. Yellow is also not a color for every buyer although to see it in person is a good eye opener. I tried to price the car realistically (for the current market) so that it would find an enthusiast owner and not take forever to sell. It needed the front bumper / nose re-sprayed for rock chips so I was a little flexible on price. I was hoping for a win / win scenario and got one. Listed for 82.5. Sold for 78. I was happy in this market. Would have sold for 10k plus more - a year and a half ago.

    The good news is that after listing it on Ferrarichat for one week, I also added it on eBay, Hemings, and cars.com.

    The one person that contacted me saw it on eBay and he bought the car 1 day later. Wired funds the next day.

    So for getting the message out on cars, I absolutely like eBay.

    The cdf car at CNC was priced around 75k after Cam contacted me to see what my Berlinetta sold for. I'm sure it sold very close to that. There were several f-chatters that contacted me about the car so I knew it would go quickly. I sent them on to Daverocks also for more info he had.

    So I generally think 355 that will sell are in that mid to high 70's range for Berlinettas. I still see spiders selling around 55k.

    Robb
     
  20. ferrari bud

    ferrari bud Formula Junior

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  21. Robb

    Robb Moderator
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    That seller wants a $50,000 premium for the color white.

    Robb


     
  22. yelcab

    yelcab F1 World Champ
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    Nov 29, 2001
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    Oh Budd, do it. You know you want to.
     
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  23. Robbe

    Robbe Formula Junior

    Aug 22, 2013
    611
    The Netherlands
    50.000 extra for plain white? Wonder what pearl white brings in that case...
     
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  24. ferrari bud

    ferrari bud Formula Junior

    Jun 29, 2014
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    Assuming fully sorted like yours!


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  25. phrogs

    phrogs F1 Veteran
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    Apr 13, 2004
    7,127
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    Why so much hate on the F1 cars. Every 355 has a proper 6 speed installed. Haha
     

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