Opinion needed on 98 Yellow 355 Spyder | FerrariChat

Opinion needed on 98 Yellow 355 Spyder

Discussion in '348/355' started by Tom(Atl), Jul 2, 2008.

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  1. Tom(Atl)

    Tom(Atl) Formula Junior

    Oct 29, 2006
    510
    USA
    Full Name:
    Tom
    What is this car worth?


    Ferrari F355 Spyder 1998. Giallo Modena, 6 speed.

    Second owner; Bought 1.5 years ago from Ferrari Authorized Dealer @ ~ 8,500 miles, has 11.5 K miles now. Original owner was part owner of Ferrari dealership.

    All service records, belts due 1.5 or so years hence, new battery, new PZero 18" OEM Spec tires on stock rims, Xenon headlight upgrade, Yellow belts upgrade, Upgrade to stereo, 6 CD Pack & player in unit, OEM Optional Yellow/black prancing horse mats, 3M Invinca-shield, power seats, top as new, garaged, no smoke/weather/track, K40 built in with F/R detection & Diffuser, front bumper re-spray for few stone dings,. 1 or 2 small rock chips. All manuals and leather case, Ferrari OEM car cover, all tools and equipment.

    May require header – cost for 2 ~ $ 5,000

    The car also has almost new PS2s on 4 three piece OEM Ferrari Modena 18” modular rims (2K miles on rims).
    There is minor paint work on front bumpers and air dams.


    So how much should it sell for, or what price range? How much should it depreciate in the next 12 months?

    He mentioned that it 'may require header.' That doesn't sound promising to me. What should I watch out for on a 10-year old Ferrari?

    Thanks for your opinions!
     
  2. PAP 348

    PAP 348 Ten Time F1 World Champ
    Lifetime Rossa Owner

    Dec 10, 2005
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    Mount Isa, Australia
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    Whatever someone is willing to pay for it!! :D:D
     
  3. Tom(Atl)

    Tom(Atl) Formula Junior

    Oct 29, 2006
    510
    USA
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    Tom
    Ok... how much would you expect it to sell for today given current market conditions? :p
     
  4. Oengus

    Oengus F1 World Champ
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  5. 285ferrari

    285ferrari Two Time F1 World Champ
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    #5 285ferrari, Jul 2, 2008
    Last edited: Jul 2, 2008
    I have a set of stock headers on Ebay right now--ALOT cheaper than $5K, it is a common 355 problem----Ballpark figure for worth around $75-$77K-----Not sure about depreciation in the future, you can never tell with these cars..
     
  6. Oengus

    Oengus F1 World Champ
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    You can get a set of fabspeed headers for 2900 from Ricambi
     
  7. Tom(Atl)

    Tom(Atl) Formula Junior

    Oct 29, 2006
    510
    USA
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    Tom
    So cars like this do go for 65k? 1998 models?
     
  8. Oengus

    Oengus F1 World Champ
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    some do
     
  9. 285ferrari

    285ferrari Two Time F1 World Champ
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    MOST do not, unless it is average condition..
     
  10. titanium360

    titanium360 F1 Rookie
    BANNED

    Nov 10, 2003
    3,446
    yes crapy ones that have not been taking care of
     
  11. RossoCorsaItaly

    RossoCorsaItaly F1 Rookie
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    Jun 9, 2004
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    $75-77k

    I'll buy it for $65k, if the above are the only potential issues.
     
  12. James-NZ

    James-NZ F1 Veteran

    Jun 26, 2007
    5,822
    Hamilton, NewZealand
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    James
    Fantastic looking car though..........:D

    I may be bias! ;)
     
  13. PAP 348

    PAP 348 Ten Time F1 World Champ
    Lifetime Rossa Owner

    Dec 10, 2005
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    Noooooooooo, not you James! ;);)
     
  14. Shark01

    Shark01 F1 Veteran

    Jun 25, 2005
    6,515
    What is the status of the valve guides? Potentially much bigger issue than headers.

    They have taken a royal value beating the last 3 years, at that time you are looking at a $100k car (low-mid $70s now). Probably no more than $10k more loss in the next 3 years.
     
  15. mred

    mred Formula Junior

    Nov 2, 2003
    476
    Atlanta, GA
    Full Name:
    Ed B.
    $75k +/- $5k for condition, major issues (headers, mannifolds, valve guides, etc.), and history
     
  16. Gershwin

    Gershwin F1 Veteran

    Feb 21, 2005
    6,415
    Kentucky

    By comparison - I have a 98 w/ 23k miles new headers, tubi, hyper flows, tires, battery, clutch, challenge grill, 6 speed, 6 disc, K-40, major was in 06. Has all the other items you mentioned and is pristine and not for sale. It has $8k more in improvements than you mentioned but 11km more miles. So 6 or one-half dozen, when it comes to value. I wouldn't even entertain $65k for a car that has the sex appeal of the F355 and sounds better than a Murcielago. $75k sounds realistic.

    good luck
     
  17. Tom(Atl)

    Tom(Atl) Formula Junior

    Oct 29, 2006
    510
    USA
    Full Name:
    Tom
    Are those still available in case I need them? I doubt I will but apparently the car is not pristine and may need headers.
     
  18. jm348

    jm348 F1 Rookie
    Owner Silver Subscribed

    Mar 21, 2007
    3,017
    Redondo Beach, CA
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    Jeff M
    Buy the 355 Spider, not the Spyder...:D
     

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