Viability Of 355 Purchase | FerrariChat

Viability Of 355 Purchase

Discussion in 'United Kingdom' started by Iwish, Sep 9, 2005.

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  1. Iwish

    Iwish Rookie

    Aug 24, 2005
    7
    LONDON CHELSEA
    Hi,

    First post so please dont abuse me :) .

    I'm after a 355, got around £53k to play with, its now or never, Im 29 and by this time next year my lady wants a kid, fair enough I want a Ferrari.

    I wondered though within the UK market how much depreciation could I expect over 12 months. Seen a nice 355 on a 96 plate at £45k, its grey though, which is a colour I like, but do you think that would be a big issue on resale ?

    Cheers
     
  2. Hazy

    Hazy F1 Rookie
    BANNED

    Mar 12, 2005
    4,047
    England
    Full Name:
    Adam
  3. greyboxer

    greyboxer F1 World Champ

    Dec 8, 2004
    12,665
    South East
    Full Name:
    Jimmie
    If you buy at £ 45 plus about £ 2 for insurance (see other threads) then maybe a service for a grand or two if you're lucky (if not then you've got your £ 5 contingency fund) then drop it next autumn for £ 35 would be my guess (unless you realise you cannot bear to part with it !) - the darker grey metallic is a fab colour - if you really plan to keep it only a year it may be an idea to get a good warranty with the purchase
     
  4. Ade

    Ade Formula 3

    Jan 31, 2004
    2,102
    UK
    Welcome. If you have £53K to play with, then spend around £45K on the car and keep the rest in reserve for servicing, tyres, repairs etc.

    Go for a red one if your only going to keep it a year, seriously, get a red one. Robert had his grey one up for sale for 6 months or so without a sale, which was really unfortunate, and surprising. but I dont know the specifics.
     
  5. Hazy

    Hazy F1 Rookie
    BANNED

    Mar 12, 2005
    4,047
    England
    Full Name:
    Adam
    I'll stand sh@gging if a 355 drops £10k in one year dude unless you are gonna cover loads of miles. If resale is a big consideration buy a red one. Everyone wants a red Ferrari for their first Fcar.
     
  6. greyboxer

    greyboxer F1 World Champ

    Dec 8, 2004
    12,665
    South East
    Full Name:
    Jimmie
    The guy asked for a worst case and from buying at dealer to selling there probably would be that spread over a year - and Ade has a good point about buying red
     
  7. matth

    matth Rookie

    Feb 4, 2005
    4
    Hi,

    Sadly i might be selling my 355 Spider, if you could be interested in a giallo spider (yellow/black) with rear challenge grill please feel free to PM or email me ([email protected]). It's a P plate 97 car, 20k miles, belts done last year, FFSH etc. - wonderful condition i just dont get the chance to drive it :(

    Matt
     
  8. steve f

    steve f F1 World Champ

    Mar 15, 2004
    12,119
    12cylinder town
    Full Name:
    steve
    cant really advise on the 355 but could help with the kid if you want
     
  9. EK3R

    EK3R Formula Junior

    Mar 26, 2004
    828
    FL
    Full Name:
    Eric K
    There are some great value 355's on Autotrader at the moment - have a quick browse and you will see what I mean. £45k will buy you a very nice one indeed.
     
  10. yorkshirelad

    yorkshirelad Formula Junior

    Jul 1, 2005
    461
    bradford
    Full Name:
    ian
    ive got a couple I could get rid of as well !! (nice one steve)
     
  11. yorkshirelad

    yorkshirelad Formula Junior

    Jul 1, 2005
    461
    bradford
    Full Name:
    ian
    go for 're-sale' red, and if your worried about the drop in value then don't buy a car! cos its all part of it as i've found out.
    i was scared stiff of buying one, worried like hell the night before i paid for the car, and wondered if i'd made a big mistake, but its all normal!!!
    but once you've got one all thoughts of costs go away!!!(nearly)
     
  12. steve f

    steve f F1 World Champ

    Mar 15, 2004
    12,119
    12cylinder town
    Full Name:
    steve
    you got me wrong there i was thinking the other
     
  13. yorkshirelad

    yorkshirelad Formula Junior

    Jul 1, 2005
    461
    bradford
    Full Name:
    ian
    came accross damn witty though steve
     
  14. KenC

    KenC Formula 3

    Dec 7, 2003
    2,120
    Kent, UK
    Full Name:
    Ken
    Probably have that spread imeediately, never mind a year.
     
  15. CUE99T

    CUE99T Formula Junior

    Feb 28, 2004
    838
    Scotland
    Full Name:
    Paul
    Was offerred a perfect Red/Crema 96P 355 manual GTS (targa) 1 previous owner with 11,256miles on clock and it was a full uk car with full official ferrari dealer for 45k last week and turned it down for the simple reason it's gonna require a belts and clutch very soon, and really would buy a 360 for 60k as it's a better buy and has done all it's depreciation.


    If you want that car it's Matkat's bosses friend, verty nice chap and obviously looks after it.

    PM him

    Paul
    CUE99T
     
  16. matkat

    matkat Formula 3

    Mar 18, 2003
    1,840
    Scotland
    Full Name:
    Dave McGuire
    IWISH You have a PM,Paul maybe You can supply the pics to Him as I am not in the office till next week.
    Dave
     
  17. CUE99T

    CUE99T Formula Junior

    Feb 28, 2004
    838
    Scotland
    Full Name:
    Paul
    Think they are on my Pen Drive in office, will check Monday.


    Paul
    CUE99T
     
  18. matkat

    matkat Formula 3

    Mar 18, 2003
    1,840
    Scotland
    Full Name:
    Dave McGuire
    Thanks Paul but could You supply Them to Terry(this is His username) as He is the one who has contacted Me by PM I originally thought it was "IWISH" should read My e-mails a bit more carefully.
    Terry can You post something to allow Paul to respond to You.
    Dave
     
  19. Terry

    Terry Formula Junior

    Nov 3, 2003
    250
    Cheshire, UK
    Full Name:
    Terry
    Hi Paul
    I am the one, thanks Dave.
     
  20. Robertb

    Robertb Formula 3

    Nov 19, 2003
    1,331
    South Oxfordshire, U
    Full Name:
    Robert
    Indeed- my met silver/burgundy car has been up for sale for 9 months now without any joy. Mind you, I can't say I'm trying that hard now that it is back home again! I felt heartbroken a little while back when someone asked to view it, and strangely elated when they cancelled!

    If you just want it for a short while, then defo go for red.

    Or dare I say it consider renting one from Bespokes or somesuch whenever you want it. I suspect it may end up cheaper in the long run!
     
  21. F308 MAN

    F308 MAN F1 Rookie

    Jan 19, 2004
    2,907
    Isle of Man
    Full Name:
    Dave S
    I personally think you ought to be a tad less selfish, and discuss plans/things first with your "lady".
    They're always right !
    cheers, d
     

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