Please explain to me a $111,000 355

True. The difference is you have folks with decent cars that like to represent them better then they are

355's have always been difficult to value since it's rare that you can find two identical comps.

 

My car is much better than it is. And I plan to keep it that way.

 

I was off by a little
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I've been doing this for almost 40 years. The best cars are an indicator long before the average cars increase in price. Straight supply and demand. When you can't afford a sorted car, the fixer-uppers get interesting.

 

Bidding on BAT often times is more of a competition than a open auction market. Just like stocks get over priced, that 355 sold for way too much $. IMHO


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And out of those 74, only 34 were in the spec that mine is.
Which I guess means the differently specced F1GTSs are likely rarer than mine!

In any case, I’m always amazed when some of you US guys freak out about 355s approaching or exceeding six figures.
So what if this guy “overpaid” by 20k.

Hell, the rich bastards I know routinely spend more than that on a meal with a few mates.

 

I think it's that this car just was out of the typical range, by a lot.

https://bringatrailer.com/ferrari/f355/

 

in the UK that car would be £110k-£125k!! ( $144 - $164k) if it was an equivalent RHD example

Think yourself lucky guys, especially on the west coast, we generally only get a 6 month window to drive and enjoy.

 

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More like 99k USD. A good 355 here starts at double that price. It’s all relative.

 

Elliott - I see 2 bars of cell service. Glad to know it's not only in the US that cell's suck

 

Did you notice I’m up at 6am on a Sunday too... about to go for a drive in my priceless F355

 

Come on. Everything is expensive in AUD. How hard would it be to import some LHD Ferraris from the US?

 

or some RHDs from UK

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I don't have any British RHD cars I want to sell. I was talking with a friend in Qld. about this yesterday.

 

No, I don't take notice to crazy behavior

 

FIFY

 

Not that easy. Plus you wouldn’t be able road register it unless you converted it to RHD or waited until they are minimum 30 years old. Then you can bring one in, pay the taxes etc and road register it. It will then always be worth less than an Australian delivered car.

 

I have a buddy in Long Beach, California that has been importing 25-year-old Nissan Skylines from Japan. I don't get it.

Do all under 30-year-old import cars need to be converted to RHD??? Are there any exemptions other than the age of the car.

Does anyone actually convert a modern Ferrari to RHD??

 

The law as it states for importing cars from America:

You may import your left hand drive (LHD) vehicle into Australia within the following parameters:

• You vehicle may remain a LHD provided it is 30 years or older from date of manufacture
• Your vehicle would have to be converted to RHD for use on Australian roads if less than 30 years old
• We can make your vehicle compliant* and provide a roadworthy certificate
• It can be well worthwhile bringing a “classic” 30 year old LHD car to Australia from Europe or the USA

And no hardly any one does this to a modern Ferrari there are a couple converted 355’s and that’s about it and they are worth a lot less as not many would own a converted car.

There would be other issues to with registration like emissions etc most cars need new cats and tyres upon importation as well as fees for checks on banned materials like asbestos etc.

 

Elliot, does this apply to cars with low production numbers? I see a RHD La Ferrari for sale in Sydney.

https://classicthrottleshop.com/2015-laferrari/

 

All La Ferrari are LHD as is that one. That car more than likely cannot be purchased in Australia and would have to be sent overseas, as most of these cars have been imported and not paid Luxury Car Tax, which would make that car incredibly expensive.

 

Wow! It's already getting Sticky

 

ouch.

 

The price seems high but you rarely see sorted low mileage examples go up on auctions sites so the comparisons are pretty hard but it doesn’t seems to be off by more than 10-15%.

On the other hand, the winning bidder bought 6 cars in 5 days. I’m sure most of the owners on this site spent at least months looking for the right car for themselves- determining value/knowing what to look for/etc... what are the chances your 6 perfect examples show up that quickly?