Can't answer but wouldn't you look/ask before spending over $312k? Records don;t mean much to me. What the car is today is what matters.
Maybe they did. Perhaps car has no recent service. No one has really scrutinized the car. That’s probably the added value of BAT. Many eyes critiquing what is presented. Just look at all the criticism MRF40’s blue Berlinetta is receiving on BAT. You wouldn’t see as all that on autotrader. I feel bad for MRF40 as the car is truly a rare a spec, but as a long time Fchat member and active viewer of this thread, he should know better than present a car on BAT that way. You present the car in the best condition it could possibly be if you want even a chance at great results.
I’m not following. Is the 33-34k mi euro GTS offered on Autotrader an absolutely better car than the 20-21k mi BAT GTS?? If it’s not, what are we arguing?
All I was saying is that the car that sold for $300k had 17k mi. This $307k car has 21k mi. Last car I posted is a euro with 33k miles, red/black, painted top, fresh major, Ohio tittle..... Plus, it's a 95. If you are buying the car to drive and enjoy, do you really want to spend $150k because the odometer reads 12k less miles? If it were a BMW with 33k it would be consider almost new. Sorry, have better things to do with $150k.
How do you know any car has a clean history? Particularly a Euro? Here's what the seller says about the red/black 95 for $160k. Certainly worth a look before dropping $312k +. Hey, it's in Costa Meas. Go take a look and report back. I guess depends what you want. If you want to put it is a box with birch trees..... Seriously, is 12k fewer miles worth $152k plus what ever it cost to get it registered in the US? I'm sure there is a reason why it's $160k, but like I said, with over $152k in your pocket....... Price doesn't always reflect quality, particularly at an auction. Image Unavailable, Please Login
EXACTLY! This was 100% BaT effect of people with more money than time. Some buyers don't bother looking at the market writ large and solely focus on a car they like on one website. It was a very nice example, but you could walk into one of 3-4 dealerships across the country and bought a similar car for less money.
John. You are missing the point. The point is there are still several in the market place willing to pay above $250k for a 355 as long as the car catches their eye and they perceive it to be the finest example they can find. They’re not looking to save a buck or two. It could also very well be they value the BAT format for vetting and purchasing. Perhaps they enjoy being presented a fine car as opposed to chasing one down. Whatever it is, they are part of the market and they have spoken. Have you seen a diamond rapaport and the vast price differences between grades, which is very difficult to tell by eye?? I’ve had GIA grade the same damn diamond twice and they graded it 2 colors down the second time around. Lost $100k in valuation. I had to write a letter to get them to revoke their grading. My point… what is hardly distinguishable even by experts sometimes does not overcome someone’s desire to obtain what he perceives to be something higher tier/best in class. They have the money and they want to spend it. Personally, that’s not my style so I see your point… trust me. I look for undervalued/high potential and I put in the leg work to bring it up. But then again I have the luxury of a decade’s worth of 355 related knowledge to have the confidence to do so. A new buyer doesn’t have that luxury. Personally, I didn’t pay much attention to this car until the last hours of the auction. Hardly went through the pictures. I don’t find the car that interesting, but it looks very nice. But looking at the records now, it appears the car was serviced by Ferrari dealers it’s entire life with a blank check. If it is difficult for a U.S buyer to seek history of a euro 355, then I would have to look at other factors. Rarely do marred cars spend life at Ferrari dealers with a blank check. So yea, just stating the car has no collision/rust isn’t going to cut it. The history and service records are going to have to corroborate that story. Seller is already lying when he says, “Rare Euro model.” There are a billion Red/black GTS’ in ROW 355’s.
Secondary market immobilizer? But I'm not missing the point. As I said, price doesn't necessarily reflect quality and unless you look you don't know. All I'm trying to get across is that if you want the best, throwing money at an auction isn't necessarily the way to get there. Anyway, not my problem. 5 time my budget. So someone who had the bucks wanted it and bought it. Seems more like a kid in a toy store. So this is the best? Yes, minor, but for $307k? I know I'm being anal. Image Unavailable, Please Login
thats stuff would bother me and will not pay top dollar for what ese is to be uncovered?newport has 3 355 for sale all manual and been there for quite some time
Ironically, those are the exact issues I saw down to a tee . Guess what John? We both each have a decades worth of 355 knowledge, so our eyes are operating differently than someone new looking to buy a 355. His most important criterias could be specs, mileage, and service history. Perhaps he values newer (98) over a 95. Perhaps he doesn’t even know the difference. Which all leads me to my point about perception. If he (or they) felt the other cars were better, maybe they would be willing to pay $250k + for it as well. Buy it, put it on BAT, and find out . It basically boils this… there at least 3 individuals who were saying, “I’m willing to spend $250-$300k on a 355, show me watchu got.” Are any 355’s currently advertised on the market convincingly better than the car they just bid on???
I’ve seen the ad. Two are red asking $275k and $270k. One is a 96 with 28k mi. No Ferrari Sony radio or colored Targa. That’s already $10k in value. 7k more miles and 2 years older. Doesn’t have red carpets . The other is a 15k mi car … previous BAT winner. Engine bay looks tired, seats look discolored, and airbag warped. Doesn’t have red carpets . Guys.. it could just be as simple as the guy falling in love with what he saw. He was feelin’ the black leather over red carpets, which is seldom spec’d on U.S cars and certainly weren’t on any previous BAT 355’s.
That seems a likely possibility. Who knows? But it certainly says something about the 355 desirability…. My first Ferrari love (after the Dino) was the 308 and it has been a someday add, but after spending a bit more time actually looking into these early models, I have settled on the 355 someday in the future. In the meantime, I’m just continuing to peruse the forum. But I don’t know enough to make an educated purchase yet. My preferred color is Blu and I followed that auction with interest. When it comes time for me to pull the trigger, I’ll be pestering you guys so that I know what to look for etc. I’m selfishly hoping these don’t go into $300k+ territory as a rule, but just a few anomalies. Sent from my iPad using FerrariChat.com mobile app
I ain’t got those problems….AND WOULD NEVER ALLOW THEM TO BE PRESENT ON CAR I AM ASKING TOP DOLLAR FOR. Caveat….original, original, original is a one time thing. One time. Once it is updated, replaced or renewed, it will never be original. Original “Patina” is more value to me. Probably only to me. Something about being like it was delivered - any item, not just cars - seems to hold a special place to me. Rusted, rotted junk, neglected, no….but aged, sparingly used and as packaged - super cool! Kind of like you John [emoji38] Sent from my iPhone using Tapatalk
Exactly. Especially since it's really quite easy. Pay a few hundred bucks to a detailer, your return on investment is many X when all the buyer has to go on is pictures. Or just clean up the engine bay, it's not that hard, clean it off with a damp rag and dress it with 303. One hour job.
There are a couple of F355’s on pcarmarket. https://www.pcarmarket.com/auction/dealtank-1995-ferrari-f355-berlinetta-2/ https://www.pcarmarket.com/auction/dealtank-1996-ferrari-f355-berlinetta-1/
I think we need to see an update on Cavallino magazine on the values of the 355 GTS in their market values section. The latest issue has them at $60K-$90k. It’s more like 150k-300K.
Very speculative question, not really ready to sell, but looking at current prices beginning to wonder! I have a 1994 Stick pre airbag GTS, Giallo / Black (launch color) Totally stock. Originally French LHD, UK registered since 1997. Im 4th owner, owned by me since 2014. Been in dehumidified storage since then. Had a major just before. Extensive history, mainly Ferrari. All books, spare key, tool kits, roof bag, radio blanking plate and original Sony radio. Excellent condition. 24K KM. If I got it out to the US after a thorough recommissioning, what sort of price could I hope for?
