F355 Market | Page 16 | FerrariChat

F355 Market

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

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  1. SoCal1

    SoCal1 F1 Veteran
    Owner Silver Subscribed

    Jun 14, 2011
    8,630
    SoCal LA/OC/New Mexico
    Full Name:
    Tim Dee
    You named the holy grail for collectors LOL

    find a 599 or 612 manual now if you want one our you may never see one again
    $$$$$$+


    I may get a 360 F1 spider for my wife to drive, she can't drive manual

    :)
     
  2. drbob101

    drbob101 F1 Rookie
    Owner Silver Subscribed

    Nov 26, 2012
    3,821
    Tinton Falls, NJ
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    Bob Ferraris
    I have documented this in prior posts but using FNA recall data, there were approximately 2500 units of total production for all MY sold into the North American market.
     
  3. Steve355F1

    Steve355F1 F1 World Champ
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    Aug 26, 2011
    17,160
    Adelaide, South Aust
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    Steve
    When you're talking the top of the market, the real "value" of any 355 is dependent on condition, maintenance history, and mileage. With current condition and history the most important.

    Colour, year made, and gearbox type is nothing more than personal preference, and has very little influence on price.

    Anyone telling you otherwise is trying to sell you something, or justify their own purchase.
     
  4. 355dreamer

    355dreamer F1 World Champ
    Owner

    Apr 3, 2006
    10,476
    DC Metro
    Full Name:
    L.C.
    Kinda like you? ;)

    It's pretty hard to deny, at least in the states, that 3 pedal cars are asking and receiving much higher prices than their F1 counterparts.

    For example, I was involved in a transaction last week with a 430 coupe in true 6 speed configuration. The car sold for 165k. About 45k more than a comparable F1 car. There are countless examples of this in the 430 market.

    Same holds true for the 360. Selling prices for the stick cars are about 20k higher than F1 comps. It's simply a matter of fact at this point. Spend some time in the 360 section. There's some real analytical data that member have complied there which supports this as fact.

    The 355 market might be a little harder to distinguish, as asking and selling prices are so contingent on seevice history. Personally, I believe that the data supports the 3 pedal cars obtaining a higher price. Case in point... A franchised dealer recently advertised that they had a 98 GTB in bound. I called to get more info, and the sales guy told me they were asking 79k. Intrigued, I asked if the car was a stick. He told me, "if it were a stick I'd be asking 99k".

    Again, I'm not trying to start a war, or to turn Robb's thread into another f1 vs. stick debate. This thread is intended to be a collection of current offerings and market information.

    I love the 355 in all forms, F1 included. I'm sure many people would rather have one with flappy paddles. For me however, and what the market suggest, the stick cars are worth a premium today. How long that lasts, is anyone's guess.
     
  5. phrogs

    phrogs F1 Veteran
    Silver Subscribed

    Apr 13, 2004
    7,345
    Kzoo Michigan
    One of them is in my garage
     
  6. Steve355F1

    Steve355F1 F1 World Champ
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    Aug 26, 2011
    17,160
    Adelaide, South Aust
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    Steve
    I'm not talking up my own car. I just don't follow the herd on here.

    I completely agree with you in terms of 360/430. As the manual cars become rarer they will be more sought after by some people.

    As for the 355 market you may be right in terms of the U.S. market, but in the markets I watch closely there is no premium at all for either gearbox.

    I make only three points to any prospective owner, none of which have anything to do with my car.

    1) Buy the best car you can find and afford based on condition and history

    2) Ignore what anyone else tells you you should want in terms of model and year. Get the one YOU want.

    3) If you want the best and rarest 355, you should buy an F1 GTS....

    :)
     
  7. 355dreamer

    355dreamer F1 World Champ
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    Apr 3, 2006
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    L.C.
    I think we agree on all counts, but I edited #3 for you a bit. ;)
     
  8. ShineKen

    ShineKen F1 World Champ
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    Aug 3, 2007
    19,892
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    Nostradamus
    I don't recall within the last 5 years a prospective buyer asking specifically for an F1 car. Probably beccause f1 cars are almost always available on the market regardless of rarity. When I was looking for my car when prices were much lower than today's there would be a flock of F1 cars priced very well. It was a bit harder to find a manual , especially if one is picky about color combinatiions. There have been buyers who just want a 355 regardless of manual or F1, but I would say there are significantly more looking specifically for a manual than there are looking specifically for an F1.
     
  9. vracer

    vracer Formula 3

    Jun 23, 2014
    1,098
    NorCal
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    Richard
    Ken,
    I think you nailed it. Whether that translates into the manuals being significantly more valuable is still a doubt in my mind.
     
  10. 4respy

    4respy Formula Junior

    Aug 15, 2014
    601
    los angeles
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    steve
    #385 4respy, Jul 19, 2015
    Last edited: Jul 19, 2015
    Well one thing for sure its not like they did not make a lot of stick 355s...Now 360s and 430s that is a whole other story..
     
  11. plugzit

    plugzit F1 Veteran
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    Dec 1, 2004
    7,776
    Redondo Beach, CA
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    Bruce Bogart
    When the stick vs automatic argument gets settled, I also expect **** will have frozen over and pigs will fly. Why don't we change the argument to belt service intervals.
     
  12. 355dreamer

    355dreamer F1 World Champ
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    Apr 3, 2006
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    L.C.
  13. JSL

    JSL Formula 3

    Jan 5, 2002
    2,212
    California
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    J.S. Leonard
    A couple of weeks ago I posted that I may sell my 97 355b. I've had several great folks call and some make offers. I just wanted to let the forum know that the car has been sold to a fellow FChat member. I don't' think it is appropriate to discuss the price so I will just say that it was a fair deal for both buyer and seller. I hope he enjoys the car as much as I have!
     
  14. WATSON

    WATSON Two Time F1 World Champ
    Owner Rossa Subscribed

    Sep 9, 2010
    23,683
    WI
  15. vracer

    vracer Formula 3

    Jun 23, 2014
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    NorCal
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    Richard
    Watson, that FSBO site is interesting. Any idea how they get their data? Or how accurate it may be? Maybe it is my 'pre-computer' thinking, but I can't imagine trying to collate data all the used cars out there
     
  16. Prancinghorse17

    Prancinghorse17 Karting

    Oct 14, 2012
    118
    CFL
  17. 355dreamer

    355dreamer F1 World Champ
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    Apr 3, 2006
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    L.C.
  18. Prancinghorse17

    Prancinghorse17 Karting

    Oct 14, 2012
    118
    CFL
    I wouldn't let that car go for much less than 85. Some sellers are asking 80s for significantly higher mileage cars.
     
  19. johnk...

    johnk... F1 World Champ
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    Jun 11, 2004
    11,223
    CT
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    John Kreskovsky
    Not knocking the car but why do seller's put crap in their ads like "A non refundable 10% deposit will be required to take this offline. Bank wires only." Sorry, but really, he wants a deposit of north of $7k that's non refundable?
     
  20. 355dreamer

    355dreamer F1 World Champ
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    Apr 3, 2006
    10,476
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    L.C.
    Looks like the listing has been removed. I wonder if it already sold outside of eBay, or if the seller had second thoughts. Last I saw there was one bid at 70k with the reserve not met.
     
  21. johnk...

    johnk... F1 World Champ
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    Jun 11, 2004
    11,223
    CT
    Full Name:
    John Kreskovsky
  22. 4respy

    4respy Formula Junior

    Aug 15, 2014
    601
    los angeles
    Full Name:
    steve
    I see you decided to buy that 99 355f1 Spider..Congrats Im sure you will love it!!
     
  23. Skippr1999

    Skippr1999 F1 Rookie
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    Dec 22, 2009
    4,510
    If it's the silver one at BH, it was my choice if I had bought a spider. Beautiful
     
  24. drbob101

    drbob101 F1 Rookie
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    Nov 26, 2012
    3,821
    Tinton Falls, NJ
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    Bob Ferraris
    Someone should snag that rossa/crema spider with black carpets. LHD. I bet that's a one of one example.
     
  25. Prancinghorse17

    Prancinghorse17 Karting

    Oct 14, 2012
    118
    CFL
    That is a beautiful car. I always wondered why crema was not spec'd more in the U.S. I get so jealous when I see the red over crema/red carpet cars they have in Europe.
     

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