Supply and demand is in effect. 355 GTB/GTS' are few and far in between on this side of the pond. Unless people are holding on to them to sell once the weather gets nicer on the east coast, I would imagine we'll be seeing a significant appreciation across the board for GTB's and GTS' this summer.
I have to say I'm enjoying my 355 an awful lot. It's been just fantastic, and I'm not constantly watching the gauges as I was with the 308. Understand I made a pretty bananas 308 that was every bit as quick as a 355 although I have to say it had more torque starting at 3500rpm, it was naturally aspirated 3.4L with a 360 crank, billet custom grind cams, lots of port work, endless carb jetting on the dyno, crank fire ignition, and other stuff. It was an absolutely fantastically connected 308 with an intake noise that sounded like the second coming, I loved that car, but for me I enjoy the 355 more as it's just a better car to drive, period.
Are people buying them up as investments simply because they think there's a possibility it could rise in value like the Dino OR are they buying because they actually like the car? Both are nice cars, but I am having a hard time valuing those cars higher than a 355. Afterall, the 355 saved Ferrari and catapulted the brand to what it is today.
That's because 1974 and earlier no smog and hotrod the thing all you want. Kinda like pre 2007 diesel trucks. You find a low mile one of those and that's like striking gold.
I heartily concur I formely owned an 86 coupe. I didn't know I wanted a Mondial till I drove one. It gets a bad rap just like the 355 does I find it is mostly from people who have never even driven one of these models let alone owned one. A lot of people just go by what they read in magazines instead of finding out how these cars are out in the real world.
I can't believe how some of the people here in the 348/355 section can be in such obvious denial. I've been saying here for two years that these cars only have one way to go. You guys in the US have been extraordinarily lucky up till now to be able to buy these cars for virtually nothing. Honestly, no-one else in the world could have got their hands on one of these cars for what you pay. Yet it's constant whining and complaining about every little bloody thing. The problem is that if they can be bought cheap as chips, some owners think they can be maintained cheap as chips. And then when they can't, out comes all the whining and complaining and carrying on. But despite this, these cars ARE appreciating. If you want a good one you better get on board quick smart. Ignore the crap your read on here and just buy the best one you can find already.
The worst part of them becoming so attainable is people buying them without knowing what they're getting into. Just because it's cheap, doesn't mean it's not a Ferrari. That's why there's so many examples out there that have been neglected.
Only way to "possibly" call it an investment is put in in a barn in a nice climate then come back in 50 years When they call a 355 an investment I laugh loud as hell. If your going to drive it its a toy and bills will pile up. Calling it an investment just validates what you tell the wife about spending that much on a car your going to complain about constantly and defend to others I see a Uncle Phil show topic, crackheads and ferrari owners
Well, don't wait...after staying low for quite a long time, the 550s have indeed took off here in France; Not yet at 328 prices (80 to 110 k), but catching up fast... Rgds
The Steve's are united on this front. If I could somehow justify it I would already have a second F355, a Fiorano F1 for shows and special events. These cars are a steal at the cost of entry in the USA over the past 5 years.
I'm quite frankly shocked at the asking prices on some of the 2V 308s. I was offered a serviced example with lowish mileage (~30k) just a few years ago for $17k. I agree that well-maintained 348/355 examples will command more money. How much more is anyone's guess, but again, I truly believe a lot of it WILL be determined by what we ask and accept when we sell. Supply and demand has a way of bending it's own rules in the highly emotional world of car buying.
Take a look at the 550/575 forum, values thread...in Europe a great 550 is now 100k euros +. A bit less than a great 328, but they are 10 years newer so more great ones to choose from..550 prices going up faster last 6 months than 328, from lower base. Not sure if that applies Stateside.
Way more cars I would want for that money it may be a B buts it's a 2 valve injected car. It's not a 90k car.
I've always wanted a 355 GTS and am presently selling a black/tan 328 GTS- If anyone is interested, pls PM me