HELP PPI Report For 355 Spider I was Looking at Buying. | FerrariChat

HELP PPI Report For 355 Spider I was Looking at Buying.

Discussion in '348/355' started by ItalianOne, Jun 30, 2014.

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  1. ItalianOne

    ItalianOne Formula Junior
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    #1 ItalianOne, Jun 30, 2014
    Last edited by a moderator: Sep 7, 2017
    I was looking at purchasing a 97 F355 Spider with 26,500 miles. Has a clean Auto Check report. Before doing the PPI I was aware that the car was due for the full belt and fluid service. It needed tires, new gas shocks for the front hood, a little surface rust on one doors rocker sill. Had aftermarket exhaust which throws of the light due to the ECU. The top is about 80% and leaks.

    I did attach the PPI report to this post, What do you guys think of this car? What do you think I should be paying for this 355 now that I know what needs to be done on the car? Any thought appreciated.. Thank You..
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  2. henryr

    henryr Two Time F1 World Champ
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  3. F1moving

    F1moving Formula Junior
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    #3 F1moving, Jun 30, 2014
    Last edited: Jun 30, 2014
    Haaaaaa! That estimate is a pure joke! Those prices are stupid! the CV boots can be done at the time of engine out for a fraction of that cost. Most of that stuff is BS pricing. Find another INDY! Skip the blend door, they all break and are really kinda pointless. $5000 for the engine oil leak and then $6000 or whatever for the engine out is like double gouge. Most of that little stuff you can fix on your own for cheap. Mirror switch for $500!!!! LOL
     
  4. Dave rocks

    Dave rocks F1 World Champ
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    The esitmate is actually in-line but some items can be combined such as major with CAM seals (you would not add the price of each since I'm sure they priced them as individual items). The only price I see that is high is for the CV boot.

    The market is ripe with Spiders - plenty to chose from.
     
  5. hank sound

    hank sound F1 Veteran

    Jan 31, 2004
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    This shop's estimate is the same as hoisting a flag that says: "I will rob you blind" !!! They think they found a live one ........ in you. Run Spot, run !! :)

    Cheers, Hank
     
  6. Badabing!

    Badabing! Formula Junior

    Mar 30, 2014
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    What does it mean previously declined recommendations. Has this shop serviced this car before?
     
  7. SoCal1

    SoCal1 F1 Veteran
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    Like they said PPI is HI but a good negotiating point for you.

    If car is clean in the body and you get a good price it can be a deal unless you have to pay someone to fix all the issues for you

    Could be a good deal for the right person
     
  8. henryr

    henryr Two Time F1 World Champ
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    whats FMV for a serviced 97 with 26k miles ?
     
  9. jmbarba76

    jmbarba76 Formula Junior

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    Sounds like the car is a neglected mess to me. I would definitely pass on that one no matter how cheap it is.
     
  10. plugzit

    plugzit F1 Veteran
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    Maybe you can scan and post it?
     
  11. drbob101

    drbob101 F1 Rookie
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  12. drbob101

    drbob101 F1 Rookie
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    Without any description of the car in terms of color, paint condition and and just general overall condition it is difficult to say what I would consider paying for it.

    It needs the major so thatis a given. The cam seals should be at some sort of discount off that price if done at the time of the major I would think. The CV charge is more than it needs to be. Does it require a new dashboard or is it something you can plan on in the future? Tires are necessary. If the top is as bad as they say then a full replacement may be the only option.

    If this car has spent a lot of time in FL then it has seen a lot more of the elements than a car from further north. I would spend some time looking for another car that has led a more sheltered existence and thereby may not need a top and a dashboard.

    I dont see any compression or leak down numbers. I have heard that some dealers are not performing these anymore. Is that the case at this facility?

    Having said that, if you really think this car is the cats meow less the outlined needs then I would start at $60K and subtract the needed work as outlined as a starting point.
     
  13. ItalianOne

    ItalianOne Formula Junior
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    Since a lot of these items were priced individually from the dealership, What should I be paying for a full engine out service, total for New Belts, Pump and replace the camshaft seal etc. Also would new cam gaskets also be included in a full engine out service? What is normally replaced in a engine out service for a 355?
     
  14. drbob101

    drbob101 F1 Rookie
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    Here is Ricambis major kit for $1600 in which the cam seals are a part of.

    Ferrari Parts : 355 30K Service Kit : Ricambi America

    This includes tensioner bearing, gaskets, belts and other items.

    There is no water pump item in this list so that would be additional if needed or wanted.

    Most shops that I have spoke to quote approx, 40 hours for labor.
     
  15. F1moving

    F1moving Formula Junior
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    $6500 for the service, cam seals and cv boots. If not, spend 400, have it shipped to Cbus and let Craig do it at Studio47. You will not pay near those outrageous prices.
     
  16. Dave rocks

    Dave rocks F1 World Champ
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    #16 Dave rocks, Jun 30, 2014
    Last edited by a moderator: Sep 7, 2017
  17. ernie

    ernie Two Time F1 World Champ
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    +10000!!!!!

    They wanna charge $4,400 to change the cam seals, and then another $5,800 to change the belts?!?!?!????!!!! Both of those get done during the engine out major.

    What a loud of crap!

    "RUN FOREST, RUUUN!"
     
  18. ernie

    ernie Two Time F1 World Champ
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    One more reason I do my own work.
     
  19. Dave rocks

    Dave rocks F1 World Champ
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    Ernie, that was the invoice before I bought the car - I do / will do, all of my own work too.

    If you look at that invoice in detail, it's $10K for a major, CV Boot(s) not all, new tires (4), some sticky's repaired. All in all, that invoice is fair and typical if you have someone else to the work which is what the OP asked.
     
  20. drbob101

    drbob101 F1 Rookie
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    Ernie. You're the best.

    One more reason not to split the 355/348 forum!

    But... This OP is a potential new owned who is looking for some advice on having his service done at a shop. He hadnt indicated that he is inclined it handy in maintaining it.

    I think a baseline of 1600 for ricambi kit and a numbed of hours levels the playing field in trying to compare apples to apples.
     
  21. awilson

    awilson Formula Junior

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    I still haven't read anything about the leak down, valves and headers.
     
  22. taz355

    taz355 F1 Veteran
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    This estimate made me happy I just saved 3600 bucks by doing all four cv boots this weekend. I guess I also increased the value of my car by the same. Ha ha. Thanks Ernie, Bruce, and FBB and the rest of you for the help through chat. Also did the alternator last week another 1000 dollar increase for resale. Too bad I'm never selling it. Dam!!!
     
  23. F1moving

    F1moving Formula Junior
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    So your major was only $74XX??? The rest was a sales job! Tires, bent/cracked exhaust, ebrake, F1 display, and sticky interior pieces are not really part of a major. I think a good reputable Ferrari like mine only charges $6500 and that's for CV boots included. And my INDY is one of the best in the country.
     
  24. Dave rocks

    Dave rocks F1 World Champ
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    Not sure you understand the invoice, so allow me to explain:

    1) we do not have any Ferrari resources in WNY. The previous owner was able to get FNA to pay the trnsportation to and from Algar for the recall work.

    2) He had planned to sell the car and knew a major was needed

    3) The tires were dry rotted and unsafe, no sales job, just the facts.

    4) given the fact he wanted to sell the car, he had some stickey fixed, the bad ones. I did the balance when I bought the car so it would be perfect

    5) He decinded the F1 display fix. I fixed it when I bought the car.

    Not sure I understand "sales job" the dealer pointed out issues and gave him the option to fix, in my mind, that's a good dealer. PS, the seller did not know me until after this work was done but he was wise to address the issues and correct them.
     
  25. fatbillybob

    fatbillybob Two Time F1 World Champ
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    Is there a reading comprehension problem here? The first two pages talk about recommended items and items that were just a fail. What is written can easily mean, if the owner just wanted to fix the problem $4400 and the cam seals get done which require engine out. If the owner does the belt service $5600 which require engine out. How are you guys seeing this as a double dip? The dealer is outlining options not suggesting to pull motor do seals then pull motor and do belts/seals/gaskets. People seem to jump to conclusions around here. A better response to the OP might be, ask FFL to explain the paperwork instead of assuming they are crooks?

    And then some are complaining about $900 bucks to RR the CV joints? So if you ghetto stooge the joints it takes 2hrs a side if you are cracker jack fast? How about 3 hrs a side being reasonable, yes I think so. What is FNA shop labor? I don't know I do my own work. How about $150/hr that's 600-$900 no parts! OK how about $110/hr that's 440-660 no parts. And that is for a ghetto stooge swap. Does the stooge offer a guarantee? How many do it right? How many of you DIY guys use a dial gauge on your joints? How do you know if your joints are in spec and do you test them? What about extra time you occupy a lift if you have to send out for joints to be rebuilt? What about checking the stub axles while the joints are out? What about looking for weeping around the diff flanges and changing those seals? $950 is not unreasonable in today's market depending on the job that is done. Does FFL just replace the boots and screw everything else? Who knows but there is a lot to doing even this simple job right and the expectation is the FNA dealer is doing it right and they stand behind what they do with at least the minimum legal warranties in your State.
     

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