What do you think this 355 GTB is worth?

Terrible, pay me $25k and I will begrudgingly take this off your hands...

 

48,777?

That's what it's worth.

However, why would you buy that car? You're going to end up putting 20k+ into it, and it will still be rough.

Find a great one for more money. You'll be much happier.

 

would probably still lose money.

 

Are you sure it had a major? Doesn't look like it. I see what appears to be an oil leak on the valve cover of one of your pictures. Maybe a belt change? Obviously not by a quality shop either way. The car is obviously beat. Over all looks pretty poor and not well maintained. I'm not one to cheap out on these cars, but I would touch this one for anything over $35k and that would be pushing it for me. Maybe $30k. Every where you look you seen something that needs attention, and that's just the cosmetics. Paint, seats, stickies, you already noted the engine bay, looks like it needs tires, fuel distributor recall...

[edit] I did not see all the pictures you posted. Revised, I would touch it, period.

 

Low 40s. I saw this car on line the other day and didn't lay any further attention when I saw the inside of the engine bay. Something or many somethings are not right.

 

WOW, it just keep getting worse. Buy it for parts. When you see a car that beat on the outside you can be sure its worse on the inside (like inside the engine). $25k would be too high.

You gotta love this from that add, "1995 Ferrari F355 Berlinetta 6SP RARE MINT COND ALL SERVICED 2 KEYS Sellers Notes

 

Buy it at $40K and you look to spend $20K to make it right. Then you have a $60K car that can be worth $50K for your trouble. Pass.

 

There's no way this car has had a recent major, just doesn't make sense. I would call the shop that supposedley performed the major.

 

If I wanted a 355 and was willing to spend the time and the elbow grease to do it I would price it into this car and gradually do the work myself IMHO. I'd buy it and put it in the garage, and go over it personally examining every part of the car.

I personally like projects like this, but I'd only get it with a worst case scenario mind.

I think it would be a great project for those who can do the work.

 

That car is hammered! The carpets are not even clean.

If you want a project and can get it for under $30K, perhaps....

I'd run..

 

I'd buy it for $25-$30k. That about it. You'd spend $10k and a lot of your labor just for it to be a decent driver imo. I'd be happy with a decent driver at $40k, but not much more.

Regarding the paint, less than a grand at a good detailer and it will be perfectly fine for a nice driver. Interior needs $2-3k. Engine needs a major ($2000 doing it yourself given there's a cv boot and probably a few other things you'd find) unless you can verify that it has been done - call the shop. I wouldn't even bother with the undertrays, they all get scraped up if you drive it at all, as long as none are hanging down. Brakes are $1500, but I wouldn't even bother with the stock stuff, I'd put a stop tech kit on it for a little more money. So, doing all that and you're at $10-$15k on top of purchase and you'd have a nice driver that you could take to the track and have fun. If you wanted a mint/show car, don't but this one.

 

I'd say double. Seat leather, carpets, dash leather, sticky's....It need quite a bit.

 

I find it odd that so much was left dirty and untouched looking. What shop would perform a major and leave it in such a state?

 

Seats don't need recover, just recondition which isn't too expensive. Dash leather, stickies - a lot of which can be done on the cheap if you don't mind getting your hands dirty - and a/c overlay, shouldn't be much over $2k.

Keep in mind, everything I quote assumed a lot of DIY. If you take it to a shop figure double, or close to it, of everything I said.

 

Yes, I realized that. I guess I view the DIY in 2 ways...

1) You can do everything your self including wraping the dash and the stickey's...

or

2) You can do all the disassembly / assembly but send parts to Robbie for stickey's and Bradan for dash leather...

 

If you live in any decent sized metro area, there should be a specialist that can recover the dash, no need to send it out. I know of a couple in my area that have done (very good) Ferrari work, it shouldn't be over $1k to have the dash recovered. Stickies you can do yourself for less than a hundred bucks minus the a/c overlay, that's a few hundred. Reconditioning the seats is fairly cheap even if farmed out. That was my logic in the $2k number, but yeah if you send everything out it will be more.

Either way, that's not a big deal on this car, there are other more pressing (and expensive) issues at first blush.

Here's the thing with this car. If the dealer spent about a grand and the same in labor to just address cosmetics (steam clean the engine and carpets, repaint the drip rails, refinish the worst sticky parts, full detail), they'd sell it for $10k more as it wouldn't have the appearance of a neglected car that needed a lot of work. It wouldn't be a better buy, but the appearance of it would give people more confidence. I'd rather buy it in this condition as you know you're getting a turd rather than a shiny turd.

 

LOL, Thanks funny. And I agree. For the right price, the car could be a fun project.

 

Let's do it this way and be conservative on the buy side.

34k miles. Rosso corsa 95 gtb/stick. Recent major. All known issues addressed. Stickies, excellent paint, everything working mechanically. Just about a 9/10 34k car.

How much would you pay for the above? Not trying to start a flame topic here but I think 60k

You haven't mentioned prior ownership , etc. but I wouldn't think this car looks so swift lineage wise. So you can't change that. That's worth 5- 10k in warm fuzziness

Everything else is fixable.

I see 10-15k here in cosmetic stuff, accepting that a bonafide major has been done, which I agree appears doubtful. (Valve covers not painted?).

I think if everything was fixed on this car the best it could be is a 50k car with a lot of effort and time.

If I wanted a project I would be thinking 25k.

 

If I was looking for a second F355 to daily drive the crap out of I would want something like this for around $30k. $30k would be the top pending good compression and leakdown numbers. From there I would do all the work myself, modify the crap out of it, and not worry about the exterior paint because I was DD'ing it. That is the only way I would touch this one.

If you are looking for one to make "nice" don't go near this one.