OK, whats the catch?
Discussion
www.pistonheads.com/sales/104918.htm
surely thats 20-25k under market value. I know it says its been repaired, but surely if they stack up from a "proper" establishment and are document supported it could be ok.
Or is it a wind up?
surely thats 20-25k under market value. I know it says its been repaired, but surely if they stack up from a "proper" establishment and are document supported it could be ok.
Or is it a wind up?
Please do not post comments such as "mid 20s"...I have sold my 308 and the last thing I need to be told is that I can exchange my pile of cash for a 355....I am sure that ICICI Bank is a far better place for that money than invested in another Ferrari...
Seriously though, are there 355s about for that sort of money?
I'd have thought that these cars can do the miles as well?
Please talk me out of buying one....
Seriously though, are there 355s about for that sort of money?
I'd have thought that these cars can do the miles as well?
Please talk me out of buying one....
Jonny5 said:
TurboD said:
Seems exactly the right price to me. Don't see what your getting at?
Have I been living with my head up my arse for the last couple of years on this? Is that what early 355's are worth? Even in RHD? I could understand LHD being 30-40k, but have always been under the impression that RHD was towards 45kish?
I am clearly as intelligent as a mexican today.
rubystone said:
Please do not post comments such as "mid 20s"...I have sold my 308 and the last thing I need to be told is that I can exchange my pile of cash for a 355....I am sure that ICICI Bank is a far better place for that money than invested in another Ferrari...
Seriously though, are there 355s about for that sort of money?
I'd have thought that these cars can do the miles as well?
Please talk me out of buying one....
Seriously though, are there 355s about for that sort of money?
I'd have thought that these cars can do the miles as well?
Please talk me out of buying one....
Dont be silly. A 355 is a tremendous way to spend the money.
£30k seems to be a fair price if the repairs were indeed done to a high standard.
Surely it would take a while before a car like that dropped to £20K which means the depreciation risk is not much worse than for someone who is prepared to pay £25K for a 993 (ducks and runs for cover).
If I was interested in such a car I'd want to know a lot more about the history though (and any gaps in the history) and ideally see some photographic evidence of the damage / repair process.
P.S. Most of the cheap F355's that I have seen advertised are spiders. Any ideas as to why that appears to be the case?
Surely it would take a while before a car like that dropped to £20K which means the depreciation risk is not much worse than for someone who is prepared to pay £25K for a 993 (ducks and runs for cover).
If I was interested in such a car I'd want to know a lot more about the history though (and any gaps in the history) and ideally see some photographic evidence of the damage / repair process.
P.S. Most of the cheap F355's that I have seen advertised are spiders. Any ideas as to why that appears to be the case?
Yep .. doesn't look a silly price. I have started to see a few Berlinettas now in the mid-30s. i think the price reflects the high mileage rather than a "minor" repair.
However, if the repair was big enough for it to go on the register then that's a whole new ball game. I would think mid-high 20s even if only Cat D.
However, if the repair was big enough for it to go on the register then that's a whole new ball game. I would think mid-high 20s even if only Cat D.
I'm going to sound as defensive as the 360 boys when I bait them here 
I don't think anyone should go thinking there are 35k, good quality 355s on every street corner (just yet at any rate).
Cars at this price level are still rare. Good ones are rarer still.
Which suggests a few possibilities for this one:
1) The damage the car had may have been more than "minor". Though one would imagine the vendor would have stated it was a Cat car of some description...
2) The condition is OK, but not tip top. These cars can cost 5k+ in the blink of an eye to turn an OK car into a genuinely good one (interior trim, bodywork, wheels/tyres, drivetrain etc).
3) The high miles are putting everyone off, particularly dealers who typically give derisory offers anyway (derisory in the sense that they bid super-low, you see the car on the lot 2 days later +10k and it sells...).
4) The guy may want out quickly for a variety of reasons. Dealers bid super-low so he's taking a punt on the private market to bag and extra couple of k.
With 30k to spend, it would be well worth checking it out. If it's option (4), you may find yourself in a bargain that you won't see repeated for a little while. But go in with head not heart (difficult with these cars).
Also bear in mind that whilst they may be cheap to buy, the cost of putting things right will always remain more or less the same. As the cars get cheaper, they'll get into hands that cannot afford to properly maintain them (not saying that is so here) and the gulf between a driver, and a really nice example will widen massively.
Market for clean, good RHD cars? I reckon 35k min up to late 40s for the peachiest. Not horrifically expensive for one of the prettiest cars, and a very usable high performance motor. But you must budget 3k a year to keep it in top nick, and then add on insurance (800+), fuel (21mpg or worse), tubi/capristo exhaust (2k ish if it doesn't have one) etc.
And please don't anyone post a link to a snot green car with red leather. The one in the link's a good colour combo, so that isn't a factor
I don't think anyone should go thinking there are 35k, good quality 355s on every street corner (just yet at any rate).
Cars at this price level are still rare. Good ones are rarer still.
Which suggests a few possibilities for this one:
1) The damage the car had may have been more than "minor". Though one would imagine the vendor would have stated it was a Cat car of some description...
2) The condition is OK, but not tip top. These cars can cost 5k+ in the blink of an eye to turn an OK car into a genuinely good one (interior trim, bodywork, wheels/tyres, drivetrain etc).
3) The high miles are putting everyone off, particularly dealers who typically give derisory offers anyway (derisory in the sense that they bid super-low, you see the car on the lot 2 days later +10k and it sells...).
4) The guy may want out quickly for a variety of reasons. Dealers bid super-low so he's taking a punt on the private market to bag and extra couple of k.
With 30k to spend, it would be well worth checking it out. If it's option (4), you may find yourself in a bargain that you won't see repeated for a little while. But go in with head not heart (difficult with these cars).
Also bear in mind that whilst they may be cheap to buy, the cost of putting things right will always remain more or less the same. As the cars get cheaper, they'll get into hands that cannot afford to properly maintain them (not saying that is so here) and the gulf between a driver, and a really nice example will widen massively.
Market for clean, good RHD cars? I reckon 35k min up to late 40s for the peachiest. Not horrifically expensive for one of the prettiest cars, and a very usable high performance motor. But you must budget 3k a year to keep it in top nick, and then add on insurance (800+), fuel (21mpg or worse), tubi/capristo exhaust (2k ish if it doesn't have one) etc.
And please don't anyone post a link to a snot green car with red leather. The one in the link's a good colour combo, so that isn't a factor
Gassing Station | Supercar General | Top of Page | What's New | My Stuff