Are 355's selling?

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In the process of renewing the insurance for my 355, so thought I'd look in the classified to see what kind of value I need to insure it for now. Couldn't quite believe the prices been asked. The cheapest RHD Berlinetta was around the £85k mark. For a manual RHD car like mine they all seem to be 6 figures now. Are they actually selling at this? My premium is going to jump a bit! Currently insured for £60k!

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As it ever been a wright-off? No
How many miles are on the clock? 43000
Does it have a full history? Not far off!
Colour combo? TdF Blue/Tan

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I was surprised at how many LHD cars there are for sale? Why is this? People buying them as the £/Euro rate is good and hoping to make a few quid this end?

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red_slr said:

During my hunt I saw a few dogs. But in general I think running costs are higher than most admit which is sometimes why you find cars which have had little work done over the years. I think to keep a 355 in top shape you have to spend quite a bit, £3000-£5000 per year IMHO (ave). Esp as these cars are getting on for 20 years old. A number of cars I saw had quite serious bills in the file.

The number of cars that have had engine refresh at c.50k miles was quite an eye opener. And that's a £10k job to do even on the cheap.

If you look at my profile I've used the tool there to keep i think a pretty accurate record of what I've spent on my 355. On average £3k/year. I could have saved money here and there but if i were to sell it i know it wants for nothing.