Urgent Dilemma; Which 355? | FerrariChat

Urgent Dilemma; Which 355?

Discussion in '348/355' started by dub00, Jun 10, 2016.

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  1. dub00

    dub00 Rookie

    Jun 10, 2016
    36
    Without boring you as to the reasons I have 6 weeks max to find a RHD, sub25k mile, Corsa Rosso Red / Crema, Manual F355 GTS or Spyder in the UK and I currently have a very tough choice between two. I need input please.

    Option 1:

    1998 Spider, 1 owner car, 16500 miles, super condition BUT 2 large 5 year gaps in the service history. I can be pretty sure the car is solid enough, but for resale a good 5 or 10 years down the line is this going to bother someone else (possibly paying substantially more than me now) as much as it bothers me? Price before negotiation 140k Sterling (approx. $200k)

    Option 2:

    1996 GTS, 2 Owner car, 20500 Miles, good condition BUT needs some work which owner is willing to throw into the price. This car IS however very original and has a very comprehensive, regular, near ideal service history. Price before negotiation 140k Sterling (approx. $200k)

    I think I prefer the lines of a GTS over a Spider but out of these 2 examples the Spider looks more impressive, in their current state.

    My objective is to enjoy the car for a max of 500 miles per year, keep for several years ideally. Its both enjoyment and investment, hence the history is important, but is it more important than less owners (1 less), less miles (40000 less) and the overall condition?

    btw both examples are from highly reputed dealers here in the UK.
     
  2. LorenzoR

    LorenzoR F1 Rookie
    Rossa Subscribed

    Id go for the GTS
     
  3. bobzdar

    bobzdar F1 Veteran

    Sep 22, 2008
    6,919
    Richmond
    Full Name:
    Pete
    I'd go for the GTS, but it has nothing to do with the service history, I just like them better.

    If you're buying for investment you're making a mistake imo. That shouldn't be part of the equation as it's way too unpredictable.

    In terms of importance, first is overall condition, 2nd mileage, 3rd owners (imo). I would always buy the car that's in better current condition (mechanical and cosmetic) as the first tie breaker.
     
  4. ///Mike

    ///Mike F1 Veteran

    Dec 11, 2003
    6,097
    Bugtussle
    Another vote for the GTS, but because I much prefer them over Spiders. Otherwise, the Spider sounds like a nicer car and the gaps in its history would not bother me (is there no way to fill in those gaps by contacting the former owner?)

    Are RHD 355s really bringing that much in the UK or is there lots of room in the asking prices?
     
  5. WATSON

    WATSON Two Time F1 World Champ
    Owner Rossa Subscribed

    Sep 9, 2010
    23,942
    WI
    $200k. Wowzer.

    The GTS is the best of all worlds. It is the only style I would swap with my spider.

    Coupes are not that cool.
     
  6. INTMD8

    INTMD8 F1 Veteran
    Owner Silver Subscribed

    Jun 10, 2007
    6,815
    Lake Villa IL
    If both cars are comparable and can end up in the condition you want them to be, buy the body style -YOU- prefer.
     
  7. carlo348

    carlo348 Rookie

    Jan 20, 2014
    33
    Cant help which one. Both great in their own right and down to personal preference. Owners is negligible and with more owners these type of vehicles tend to have work done for selling on so there is a flipside. If you're keeping for 10years, ld service history gaps are not that relevant, providing you gave kept it up to date.as shown in the price the gaps in servicing aren't really holding it back on price.
     
  8. dub00

    dub00 Rookie

    Jun 10, 2016
    36
    Firstly, a small typo, the GTS has 4000 more miles than the Spider, not 40,000.

    Lorenzo355 - Thanks for your opinion

    bobzdar - I think I like GTS's better as you get to see the classic buttresses, and it was one of, if the last, GTS they did of that era. However, the Spider is in better condition, has 4000 less miles and one less owner. Hence I am in a quandary. The investment angle is that this will be with me a long time, and eventually I should at least get my money back, if the car was a damn good one to start with ;)

    ///Mike - you bring up a key point thank you; the gaps in the Spyder's history; it is the nicest car right now and has the edge mapped out in my response to bobzdar above, but the history gaps!? They don't bother you but would they bother other buyers later down the line... And yes, excellent examples can command over 150k sterling right now, but most would fall around 100k to be honest. RHD's are of course much rarer as we know (360 GTS Manual and 315 Spider Manual I believe)

    WATSON - Thanks again

    Anymore feedback most most welcome as I need all I can get here )))
     
  9. dub00

    dub00 Rookie

    Jun 10, 2016
    36
    INTMD8 - perhaps it is as simple as that

    carlo348 - Thanks, you hit of some key stuff; I will keep it for a long time, all being well, and I will care for whichever I go for impeccably, rest assured, and I will drive ait a bit too so its will be a proven runner, as it were (as opposed to a garage queen). So it will be a great example some years down the line. Maybe that will indeed counter the gaps the Spyder has now. Otherwise I take the GTS and ask the garage (highly skilled guys) to get the thing where the spider is and hardball negotiable that within the price.
     
  10. m.stojanovic

    m.stojanovic F1 Rookie
    Silver Subscribed

    Dec 22, 2011
    3,300
    Serbia - Niš
    Full Name:
    Miroljub Stojanovic
    Interesting. The 348's, currently on Ebay UK, are priced between 70K and 120k USD.
     
  11. dub00

    dub00 Rookie

    Jun 10, 2016
    36
    The 348 was, by most accounts, a bit of a disappointment. They really stepped it up a couple notches with the 355 and this seems to be widely acknowledged.
     
  12. k17har

    k17har Karting

    Sep 3, 2009
    144
    london, uk
    Full Name:
    kayer
    Spider top down, its better then any 355 shape out there and more smile :) but you will have more maintenance of looking after the top, and gts is fine but again you may have a leaking problem, due to door seals, as it doesn't always stay sunny in uk, I know ...I am in London and I always carry a umbrella in my wallet ! I have both model, and gts are rear and less on the market so that could be potential for investment wise. Good luck.
     
  13. dub00

    dub00 Rookie

    Jun 10, 2016
    36
    hehe thanks k17har; I will never drive in rain, it will be impeccably looked after. I really thought I would want the GTS more. But after seeing them both the Spyder comes out on top which surprises me. I cannot work out if its just the condition being slightly better all round than the GTS, whether it was shown to me in a better showroom light, or whether I really prefer it. I WANT to prefer the GTS. However the key question of my new thread is really about whether the lower mileage, less owners and slightly better condition Spyder trumps the really regular (no gaps like the Spyder has) history file of the GTS...
     
  14. dub00

    dub00 Rookie

    Jun 10, 2016
    36
    - Thanks, appreciate opinions
     
  15. dub00

    dub00 Rookie

    Jun 10, 2016
    36
    Hi bobzdar, and thanks to you also. It will stay with me a long time and IF I get the right motor to start with I'm sure I will at least get my money back and have some enjoyment too. Nobody can guarantee ROI sure, so I want to buy what I like, but I want also to provide the best chance of return on investment too.

    So you like the GTS; however the Spyder is overall slightly better condition, 4000 less miles and one less owner than the GTS. But the Spyder has 2 large history gaps in the file, whereas the GTS is serviced every year since new. Hence my dilemma...
     
  16. dub00

    dub00 Rookie

    Jun 10, 2016
    36
    sorry chaps, all my responses came at once after I thought there was a mistake initially on my part (new around here) - so there's a little repetition going on here sorry!
     
  17. Rob'Z

    Rob'Z Formula 3

    Mar 29, 2008
    1,024
    Tucson,AZ
    Full Name:
    Robert
    Buy the GTS. In ten years that 4000 mile difference ont be such a high percentage difference as it is now. If the seller is willing to work in the repairs/services required to bring it up to the standards set by the Spider then you have nothing to lose.

    The GTS captures the true lines of the car as penned by Pinninfarina where the Spider resembles a doorstop.

    Just stare at that gorgeously sculpted rear window and you mind will be made up. ;-)
     
  18. SoCal1

    SoCal1 F1 Veteran
    Owner

    Jun 14, 2011
    8,636
    SoCal LA/OC/New Mexico
    Full Name:
    Tim Dee
    #18 SoCal1, Jun 10, 2016
    Last edited by a moderator: Sep 7, 2017

    A tough choice

    Obviously maintenance is not a concern to you as you have the means to get it done properly.

    I have both models

    Spider offers a true gentleman's sports cars experience with the top down. Full 360 degree view of the world, Looks great with it up also. Nothing like it at any price.

    GTS is nice but just seems like another car to me when your locked inside. Good for a race car vroom vroom guy.

    For me I prefer the spider and enjoy the great outdoors

    Either way you will love either one

    :)
    Image Unavailable, Please Login
     
  19. dub00

    dub00 Rookie

    Jun 10, 2016
    36
    That sir, is a truly brilliant response. Thank you. Very helpful and sort of expressed part of my feelings (doorstop; great analogy, though harsh)
     
  20. dub00

    dub00 Rookie

    Jun 10, 2016
    36
    Bugger! RobZ previously came up with a good response but you just sent me back. Right, the GTS gives the true shape of the GTB but with a bit of air, the Spider is infact quite a different car, and in its own way beautiful, but almost different to the original concept. Damn I need to buy both don't I!? Either way it seems either will be a great option. Really appreciate what you guys have to say though. I shall re-read all of these response throughout the weekend and hope I bloody form a conclusion early next week.
     
  21. SoCal1

    SoCal1 F1 Veteran
    Owner

    Jun 14, 2011
    8,636
    SoCal LA/OC/New Mexico
    Full Name:
    Tim Dee
    LOL

    Take the spider for a ride on a sunny day.

    I'm 56 I do my hot rodding at the track. I cruise the streets and enjoy the surroundings

    I have the GTS in a 348 also, not a spider and I dont find myself taking the top off and storing it behind the seats so essentially its a B

    Yeah I had to get all of them look at my garage :)
     
  22. PAUL500

    PAUL500 F1 Rookie

    Jun 23, 2013
    3,136
    #22 PAUL500, Jun 10, 2016
    Last edited: Jun 10, 2016
    You really are buying at the very high end of the market at those prices, neither car will appreciate to any higher level, only the cream of the crop, ultra low mileage, pristine, low owner, no stories cars could expect anything like those numbers. Neither car fits that description. No one will be paying substantially more for either example in years to come.

    355s have peaked in the UK and sticking, those are dealer dreamer prices, hold onto your money and find the right car.

    I take it you want one to ship to Aus or similar?

    Plenty of good Uk cars here :-

    http://www.pistonheads.com/classifieds/used-cars/ferrari/355
     
  23. Sandy Eggo

    Sandy Eggo F1 Rookie
    BANNED

    Jun 4, 2009
    3,636
    Encinitas, CA
    Full Name:
    Rick
    Is the Spider gated or F1? Doesn't matter to my vote, I'm just curious.

    GTS, all day.
     
  24. FCOnyx

    FCOnyx Formula Junior
    Owner

    May 28, 2012
    413
    Round Rock, TX
    Full Name:
    Jeff
    No, it doesn't. The mileage and number of previous owners is less important than how well the car was driven and maintained.

    I don't even know exactly how many POs my car had (maybe 5?) and it was "high" mileage (43K when I got it). But it was well-known on here and had been cared for (from an engine/suspension perspective) *very* well. I've taken care of issues it had... much of the interior and a front respray/clearbra... as well every bit of regular maintenance it has needed. The PO sold it to me because it was very clear after a couple of conversations that I was going to care for the car the way it deserved, just as he had done.

    If the car you really want was well-cared-for and you intend to do the same, you'll be fine and you should at least get back every penny you put into it... as long as you don't pay too much.
    But I also agree with Paul500... those prices are *insane*... like almost 4 times what I paid 3 years ago. I find it hard to believe they'll keep climbing... or that those two examples are worth that much.

    As for the body style... go GTS. The lines are better and you have both the option of having the top on and off. Spiders look good with the top down, but that truncated rear line when the top is up negates one of the best parts of the 355 form. And yes, the 355 was the last of the "targa top" GTS Ferraris... as well as the last of the buttresses. It's the one to have. And yes, I'm biased. ;)
     
  25. Robb

    Robb Moderator
    Moderator Lifetime Rossa Owner

    Feb 28, 2004
    14,448
    Tucson, Arizona, USA
    Full Name:
    Robb
    I would buy the GTS out of those two choices.

    Let us know how it goes.

    Robb
     

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