we will wish it does ,it is the nicest body style yet,nothing else even comes close to f355 Only time will tell
I think the jury is still out re the 355, and it will be a long time before we really know. However, there is no doubt that the Spiders change hands more often. And, the cars which seem to command the highest prices at the moment are the GTBs and GTSs, and it doesn't seem to matter which gearbox they have (I'm speaking outside the US. May be different for you guys). Long term, who knows. Just enjoy your car. It's never going to be a Dino or F40.
In today's market, spiders typical sell for less than GTS or GTB's. That's a fact for sure and maybe it's due to the vast amount of spiders on the market compared to hard tops.
Look at a Hemi Cuda vs a hardtop. drop top is the one Cages are to keep you confined Convertibles you enjoy the world less production always helps also We will never see a big return on these, maybe our grand children. Don't know why we think we have collector cars. Its a car drive it
No Dave , that is not a fact for sure at all. Haggerty's valuation tool is the most respected in the classic car field. Here are the valuations on identical 1998 models. NADA is used by most dealers nationwide for trade ins and basic up to date valuations. Go look at the prices there. NADA Home Page Image Unavailable, Please Login Image Unavailable, Please Login
Guys, as someone that's been dealer store since 1976 recently retired, these guides (NADA, Kelly) are just that guides, they are selling a service and the pricing is the carrot to get your attention. Follow where their money comes from, advertizing. Market sets the price on cars, this can vary greatly county to county even more so state to state. The only reason we used them is to low ball you on a trade-in, we do not use that at all to set retail or wholesale prices. Insurance companies may use them to low ball you also, seen that much over the years. Only way to get real value is to sell it. Stop reading craigslist and ebay they are no indication on true market value. It's worth what someone will pay for it. period. Now carfax, LOL don't get me started on them LOL
Lol Dave. There is a year differences , 10k mile difference , f1 vs stock difference and we are both nuts!!! Actually if you like to think your car is a better example and at the high end of those prices , it isn't that far off
That's the reason I bought mine -- it's more rare and being a factory-spec Challenge may become interesting in the future. I'm not counting on that however and enjoying the car in the meantime. Does anybody know how many of the F355 Challenge cars were destroyed? I'd be curious to know the current number of clean cars.
I think the Hagerty data is skewed and when talking to them extensively they admitted this as well. Based on these numbers I don't think they let you insure a car for an 'astronomical' (relative) value -- i.e. huge deviations of insurance values will require individual appraisal or rationale of why it should be. Overall from dealing with Hagerty on F355 and a few other cars it does look like they underestimate the market by at least 20-30% in some cases.
My Dad made his living in used cars and at the time here in the NYC area the MC Galves book was the bible for used car pricing. It was a wholesale tool for buying inventory and trade ins. The NADA guide is used widely the same way I was posting that more for relative pricing gt vs. spider. I won't even open the F1 vs. stick thing but,,, what is the most sought after 430 ?? I don't really think these cars will be collectibkex like the vintage ferraris are now. They made to many of them , there are plenty of good examples out there of them that probably won't at this point be destroyed. It most likely will be another car that will depreciate like every other car I've owned so I plan on enjoying it regardless. This is all just fun chat.
Bob, you've been around here long enough to know what the real market is and spiders sell for less. Maybe some years from now it will turn the other way. GTS/GTB's regardless of F1 or not, are more hard to find. As far as the 430, Some want the stick but many others want the F1. And, yep, it's all in good fun for sure. Now, I need to get back to work so I can afford the fun ;-)
That is absolutely not the truth Dave. Spiders DO NOT sell for less. That is a false statement for sure. The most desirable 430 out there is the last year 6 speed, Spider. No debate. They imported and sold more Spiders to the US because they were more desired. They didn't just make Spiders for the hell of it. They were ordered more than GTs. Simple supply and demand. They sold more because they were more desired. That fact didn't change over the last 16 years regardless if one owns one or not. Gts may be more rare but that doesn't make them more valuable, it just means there are less of them, because they didn't sell as many to begin with. My original point re: Daytonas and 330s. Go look at relative values GT vs. Spider. Not even close!! I'll see if I can dig up some production numbers on them to see if the same production ratios as 355s apply. Green Ferraris are very rare. ARe they more valuable? You don't see every sale that is transacted in the open market and I have seen Spiders listed and sold for more than GTs as well.
does anyone really care tho? its not like there its exponential...if a car is worth 70K and one trades for 10 pecent more and one trades for 10 percent less who cares....at the end of the day we each will buy what we like...so with the 355 im always a coupe buyer and never a spider. with the 360 im always a spider buyer and wld prefer stick...with the 430 im a spider buyer and id be fine with stick or f1....with the 458 im a coupe buyer and its gonna be f1...
I'll save you the time, the production numbers are nowhere near the same ratio of 355's. 125 daytona spiders vs. 1400 hard tops, so 11:1 vs. less than 4:3 for the 355. Plus, the Daytona spider is arguably better looking than the GTB and while the 355 spider is good looking, you'll have a tough time finding many people that think it's better looking than a GTB.
I think the spider is better looking, even with the top up. I don't like the GTS at all. I don't like the looks of removable roof panels on any car, 355 GTS, 308 GTS, Porsche, Corvette... Either it's a roadster or a couple. Anything else is an after thought.
enjoying this thread. I think the spider is better looking than the coupe, I had a 355 red/crema/manual, then a 360 now just bought a 355 spider in yellow, simply because its so gorgeous, do I think they will go up in value - well I paid about the same of the spider this weekend as I paid for my first 355 8 years ago, and its in better condition. I think values have stabilised and as the cars get older the rough ones get cheaper and the good ones get dearer. starting to see a few very low mileage 355's sell in the £60 to £70k, (that's sterling) in the UK which is a good indicator of the cars being collectable. will they ever be the next dino - yes - but its so far away its not worth thinking about, 6 years ago, dinos were, £40k in the UK, now £150 to £200k, the 355 will ultimately become very collectable as good low mileage cars get rarer and rarer, but I think that will be probably 10 years or more from now. regards Scott. Glasgow
