Price on 96 355 spider | FerrariChat

Price on 96 355 spider

Discussion in '348/355' started by Juice It, May 27, 2004.

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  1. Juice It

    Juice It F1 Rookie

    Sep 22, 2002
    3,233
    Maryland (DC Suburb)
    Full Name:
    Jeff
    I am thinking about making a change to possibly a DB9 or a 360 spider and am wondering what a realistic selling price would be for my 96 red/tan spider with 8700 miles. The car is mint and has no dash shrinkage but I have not had the 30k service done. This is a no story car and would appreciate opinions.
     
  2. richard_wallace

    richard_wallace Formula 3

    Feb 6, 2004
    1,957
    Cincinnati, Ohio
    Full Name:
    Richard Wallace
    There is a similar thread going on right now with a 95 355 spider (similar miles).

    But to answer your question - I would say that 96 (garage queen=low miles) without service - would be around 85K (give or take a few K)- this car is way past due on the 30K or 5 year - full engine out... which (depending on the area/dealer or independent) will run ~5K (if you don't have any of those - "while the engine is out" things)... I always budget around 10K...

    If you get a buyer who doesn't kow that the 30K is due you will get a lot more. If you get someone that knows about needing service - you will get offers in the low 80's...

    I just bought my 95 355 spider (needing engine out) but otherwise perfect - great seats, no dasg srinkage, top perfect, etc...) mine had 16K miles.. I paid in the low 80's - but that was 1 year ago and I put about 10K in full service - I did the clutch while I was in there, shocks, breaks, tires, etc, etc...

    So with your 96 with very low miles (which is good in most buyers eyes) I would list it in the mid 90's and settle for mid 80's or better if you can get the offer...

    Hope that helps,
    Rich
     
  3. Juice It

    Juice It F1 Rookie

    Sep 22, 2002
    3,233
    Maryland (DC Suburb)
    Full Name:
    Jeff
    At this point is it better to do the service or would people rather have it done on their own so they know first hand how it was done?
     
  4. lapeter

    lapeter Formula Junior

    Jun 13, 2002
    885
    SunValley ID&Kapalua
    Full Name:
    Al LaPeter
    I think for resale value, it would be better to have the big service done. If it is not done, the car would have a "story" that it doesn't need.
     
  5. Doody

    Doody F1 Veteran

    Nov 16, 2001
    6,099
    MA USA
    Full Name:
    Mr. Doody
    here's how i look at the service issue:

    sophisticated buyers would rather NOT have the service done. they'd rather have their own people to it so they know the entire score - or they might do some of it themselves to save dollars.

    unsophisticated buyers definitely would rather the service be done. but unsophisticated buyers are more likely to be shopping for later years as well.

    the fact that the car is as much as 8.75 years old and has never had a major is not a good thing from a resale perspective - most buyers will conclude that the car has not been maintained properly.

    doody.
     

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