355 price correction
Discussion
oops my bad, just saw the link I thought their was something more than..
For how much longer can you afford a Ferrari F355?
07 January 2018
As far as we’re concerned, the Pininfarina-designed F355 — either in Berlinetta, GTS, or Spider guise — is the most beautiful Ferrari of the modern era. And while it’s risen in value in recent years, the Classic Driver Market reveals that fine examples can still be found for below 100,000 euros…
For how much longer can you afford a Ferrari F355?
07 January 2018
As far as we’re concerned, the Pininfarina-designed F355 — either in Berlinetta, GTS, or Spider guise — is the most beautiful Ferrari of the modern era. And while it’s risen in value in recent years, the Classic Driver Market reveals that fine examples can still be found for below 100,000 euros…
Davo456gt said:
oops my bad, just saw the link I thought their was something more than..
For how much longer can you afford a Ferrari F355?
07 January 2018
As far as we’re concerned, the Pininfarina-designed F355 — either in Berlinetta, GTS, or Spider guise — is the most beautiful Ferrari of the modern era. And while it’s risen in value in recent years, the Classic Driver Market reveals that fine examples can still be found for below 100,000 euros…
An reminder to browse on the Classic Driver page is always welcome and if it starts off with pretty 355s, even better for it For how much longer can you afford a Ferrari F355?
07 January 2018
As far as we’re concerned, the Pininfarina-designed F355 — either in Berlinetta, GTS, or Spider guise — is the most beautiful Ferrari of the modern era. And while it’s risen in value in recent years, the Classic Driver Market reveals that fine examples can still be found for below 100,000 euros…
PAUL500 said:
My buddy sold his starship mileage one recently for £40k which in this current market was a steal, probably the most practical 355 in the country, as he could just use and enjoy it without fear of affecting its value. Even accounting for maintenance etc in the 4 years he had it, the car even made him a nice little profit.
I drove it a few times, it was a little loose around the edges, but pulled the same crowds in Dick Lovetts carpark when in for its belts change as one worth probably triple the sale price.
Went to a well known independent who also plans to drive the wheels off it as his own transport.
Yellow GTS in Wales? He paid £29k for it, right? I guess the independent knows what he’s doing and has the advantage of cost price for anything that needs sorting. I drove it a few times, it was a little loose around the edges, but pulled the same crowds in Dick Lovetts carpark when in for its belts change as one worth probably triple the sale price.
Went to a well known independent who also plans to drive the wheels off it as his own transport.
Edited by PAUL500 on Friday 5th January 16:30
Davo456gt said:
oops my bad, just saw the link I thought their was something more than..
For how much longer can you afford a Ferrari F355?
07 January 2018
As far as we’re concerned, the Pininfarina-designed F355 — either in Berlinetta, GTS, or Spider guise — is the most beautiful Ferrari of the modern era. And while it’s risen in value in recent years, the Classic Driver Market reveals that fine examples can still be found for below 100,000 euros…
lol , me thinking that i was being a bit thick and couldnt find the button as usual!For how much longer can you afford a Ferrari F355?
07 January 2018
As far as we’re concerned, the Pininfarina-designed F355 — either in Berlinetta, GTS, or Spider guise — is the most beautiful Ferrari of the modern era. And while it’s risen in value in recent years, the Classic Driver Market reveals that fine examples can still be found for below 100,000 euros…
rubystone said:
Bet you paid more than £45k for it! He had the car for sale for a long time...
Indeed. A heck of a lot more (!!) the yellow one being high mileage was pretty cool in the sense that I’d just use the heck out of it and not care about adding more miles. This one feels a bit different , although I don’t let it just sit under a cover. onlogbook.com said:
rubystone said:
Yellow GTS in Wales? He paid £29k for it, right? I guess the independent knows what he’s doing and has the advantage of cost price for anything that needs sorting.
I offered 45k for that. He turned me down. I ended up buying a 32k Miles RHD manual gts in red/nero. The actual buyer rang, asked a few short questions, arrived the next day, gave the car a quick once over, haggled a bit and paid a large deposit and sorted the balance a few days later, then came to pick it up. I was also there to meet them. Two great gents who play with far far more expensive Ferrari every day, one of which was on their trailer at the same time, so yes they did know their stuff.
PAUL500 said:
Rubystone, yes, yes, no! and as I was party to every genuine offer, no one ever came to see it and offer him £45k for the car, many many people claimed they would, some even turned up with the usual tall tales and empty wallets, this went on for months.
The actual buyer rang, asked a few short questions, arrived the next day, gave the car a quick once over, haggled a bit and paid a large deposit and sorted the balance a few days later, then came to pick it up. I was also there to meet them. Two great gents who play with far far more expensive Ferrari every day, one of which was on their trailer at the same time, so yes they did know their stuff.
I do wonder though...a 50k mike silver RHD Coupe could have been bought recently in the trade for £50k. No stories, bit of buttress work needed to retail it but perfectly usable as is...why didn’t they buy that car?!...I’m sure they were aware of it if they ‘play with far far more expensive Ferrari’s every day’....and then there was the Lhd red coupe with a touch over 50k miles on the clock that they could buy through the trade for around £55k...no stories on that car either. That might still be available if anyone wants more info...The actual buyer rang, asked a few short questions, arrived the next day, gave the car a quick once over, haggled a bit and paid a large deposit and sorted the balance a few days later, then came to pick it up. I was also there to meet them. Two great gents who play with far far more expensive Ferrari every day, one of which was on their trailer at the same time, so yes they did know their stuff.
PAUL500 said:
Rubystone, yes, yes, no! and as I was party to every genuine offer, no one ever came to see it and offer him £45k for the car, many many people claimed they would, some even turned up with the usual tall tales and empty wallets, this went on for months.
The actual buyer rang, asked a few short questions, arrived the next day, gave the car a quick once over, haggled a bit and paid a large deposit and sorted the balance a few days later, then came to pick it up. I was also there to meet them. Two great gents who play with far far more expensive Ferrari every day, one of which was on their trailer at the same time, so yes they did know their stuff.
We exchanged a few texts. The conversation seemed genuine. He laughed at 45k saying “good luck getting a supercar for that money” so that was the end Of that. If he’d said “I agree the price” then I would have driven over (no skin off his nose, just his time as a seller). My offers were genuine although the seller mightn’t not have seen it that way. I didn’t want to take the day out until we agreed a price. As I said, I ended up buying one with much lower miles for a lot note. The actual buyer rang, asked a few short questions, arrived the next day, gave the car a quick once over, haggled a bit and paid a large deposit and sorted the balance a few days later, then came to pick it up. I was also there to meet them. Two great gents who play with far far more expensive Ferrari every day, one of which was on their trailer at the same time, so yes they did know their stuff.
Once he had decided to sell he put it up for £48k from memory just to test the water really, I said at the time it is probably a £45k car to the right buyer, I imagine you were just one of the many people early into the process offering a lower price, and at that stage he was not ready to show his hand unless someone turned up and started waving the readies around.
I have learned over the years never to take anyone seriously until they appear and start acting like a buyer rather than a tyre kicker, you should have come to take a look, it was a lovely and practical example.
In the end he basically accepted a trade price as he had enough of the dreamers, the car wanted for nothing, it had just had a £4k major at Dick Lovetts and the invoices for all the previous work at main dealers was an inch thick. A little bit of tlc and it had many years of low cost ownership ahead.
I believe the new owner plans to rag it around for a bit then tear it down and turn it into a race car. I sold him a spare GTB roof I had ready for the conversion.
I have learned over the years never to take anyone seriously until they appear and start acting like a buyer rather than a tyre kicker, you should have come to take a look, it was a lovely and practical example.
In the end he basically accepted a trade price as he had enough of the dreamers, the car wanted for nothing, it had just had a £4k major at Dick Lovetts and the invoices for all the previous work at main dealers was an inch thick. A little bit of tlc and it had many years of low cost ownership ahead.
I believe the new owner plans to rag it around for a bit then tear it down and turn it into a race car. I sold him a spare GTB roof I had ready for the conversion.
Just look at it guys, it’s one of the most beautiful modern Ferrari’s ever made, one day every single Ferrari aficionado will realise this pushing prices up regardless of the amount of 355 made ect, this happened with the beautiful 246 Dino, once apon a time it was just a cheap Dino and not considered a proper Ferrari.
FezSpider said:
Had mine for over 12 years.
Over 52 k miles and one of two spiders on this colour in the UK. One other GTB in scotland.
I drive mine to lemans and italy once a year, i would keep mine ovet a 4k mile example anyday because i use it, also i know it inside and out in every way.
Over the last two years i have seen so called high milage cars selling for over 60 grand. 5 years ago that was a price for a low milage gararge queen.
The 355s will do ok guys, however never have i ever heard of any other collection of owners talk prices down as the 355 owners. FC is bad for it especially.
![](https://thumbsnap.com/sc/btaFKkdn.jpg[/img]</a> <a href="https://thumbsnap.com/3WQTccJg" Target="_blank" rel="nofollow">[img]https://thumbsnap.com/sc/3WQTccJg.jpg)
Over 52 k miles and one of two spiders on this colour in the UK. One other GTB in scotland.
I drive mine to lemans and italy once a year, i would keep mine ovet a 4k mile example anyday because i use it, also i know it inside and out in every way.
Over the last two years i have seen so called high milage cars selling for over 60 grand. 5 years ago that was a price for a low milage gararge queen.
The 355s will do ok guys, however never have i ever heard of any other collection of owners talk prices down as the 355 owners. FC is bad for it especially.
Edited by FezSpider on Tuesday 2nd January 12:50
I bought mine early 2016 and I was 34 years old, I had it as a poster car and used to play Sega 355 challenge, I feel extremely lucky to own one at this age and most will have to wait until 50/60 years old to afford it by which time they should be very expensive and hard to get in and out of and way too Lairy for a 50/60 year old anyway.
These cars are special and it’s how the car makes you feel inside and the emotion it brings.
I took a work colleague out the other day around the block and he was saying before he saw and sat in it that it’s just a car, he soon changed his tune after the ride and once he heard that Capristo lvl 2 kick in with a V8 5 valve per cylinder screaming up to 8000 rpm he said he had hairs standing up on the back of his neck!
My older brother was also the same until he experienced it.
I think the prices will climb steadily mainly as the people who had them on the wall as a kid can afford them in their 40's and 50's demand will steadily grow and there will become ( there is now imho) a spread in values from cheap crappy ones to expensive low miles perfect cars ... much like every other classic
Phib
[/quote]
These cars are special and it’s how the car makes you feel inside and the emotion it brings.
I took a work colleague out the other day around the block and he was saying before he saw and sat in it that it’s just a car, he soon changed his tune after the ride and once he heard that Capristo lvl 2 kick in with a V8 5 valve per cylinder screaming up to 8000 rpm he said he had hairs standing up on the back of his neck!
My older brother was also the same until he experienced it.
I think the prices will climb steadily mainly as the people who had them on the wall as a kid can afford them in their 40's and 50's demand will steadily grow and there will become ( there is now imho) a spread in values from cheap crappy ones to expensive low miles perfect cars ... much like every other classic
Phib
[/quote]
geopetrolhead said:
I bought mine early 2016 and I was 34 years old, I had it as a poster car and used to play Sega 355 challenge, I feel extremely lucky to own one at this age and most will have to wait until 50/60 years old to afford it by which time they should be very expensive and hard to get in and out of and way too Lairy for a 50/60 year old anyway.
These cars are special and it’s how the car makes you feel inside and the emotion it brings.
I took a work colleague out the other day around the block and he was saying before he saw and sat in it that it’s just a car, he soon changed his tune after the ride and once he heard that Capristo lvl 2 kick in with a V8 5 valve per cylinder screaming up to 8000 rpm he said he had hairs standing up on the back of his neck!
My older brother was also the same until he experienced it.
I think the prices will climb steadily mainly as the people who had them on the wall as a kid can afford them in their 40's and 50's demand will steadily grow and there will become ( there is now imho) a spread in values from cheap crappy ones to expensive low miles perfect cars ... much like every other classic
Phib
These cars are special and it’s how the car makes you feel inside and the emotion it brings.
I took a work colleague out the other day around the block and he was saying before he saw and sat in it that it’s just a car, he soon changed his tune after the ride and once he heard that Capristo lvl 2 kick in with a V8 5 valve per cylinder screaming up to 8000 rpm he said he had hairs standing up on the back of his neck!
My older brother was also the same until he experienced it.
I think the prices will climb steadily mainly as the people who had them on the wall as a kid can afford them in their 40's and 50's demand will steadily grow and there will become ( there is now imho) a spread in values from cheap crappy ones to expensive low miles perfect cars ... much like every other classic
Phib
Welshbeef said:
At what price point is it then worth buying a crappy one and restoring it to its former glory?
I suppose it depends what's meant by "crappy" and how far one wants to go in restoring it. If you buy an absolute pup that needs engine work, paint, leather, suspension overhaul, electrical bits and bobs, it's not difficult to spend tens of thousands of pounds to get it back into as-new condition.I own a 355 that was extensively restored by its previous owner, scrupulously documented over on clubscuderia.co.uk. I sat down one afternoon to add up the parts invoices that came with the car, out of interest. I stopped counting at ten grand and went for a drive. That doesn't include the hundreds of hours of labour.
If I were buying a turd, sold as-seen for restoration, I'd want at least £25k discount, probably more to be honest.
FWIW, I tend to agree with previous posts that demand (though not necessarily prices) will gradually increase as those who wanted one when they were younger gain the means to buy and run one. I bought mine at 31, which is probably at the younger end of the spectrum. It was quite an easy sell - if I wanted one before I turned up at the seller's house, I absolutely definitely wanted one after I'd been out for a ride and heard that engine. To coin a phrase - they don't make 'em like that anymore.
I bought mine 10 years ago (when I was 33) and have enjoyed every single moment of owning and using it.
Its featured in most significant events of my adult life really (took it to Italy with the then girlfriend, got engaged), weekends away with the wife, weekend rides with the kids, European road trips etc.
Its sort of part of the family now.
Its mechanically bomb proof as it gets used and maintained.
The paint is best described as well used... but I can't get excited about a respray whilst I intend to use it.
Its prob worth not a huge amount but its priceless to me.
Its featured in most significant events of my adult life really (took it to Italy with the then girlfriend, got engaged), weekends away with the wife, weekend rides with the kids, European road trips etc.
Its sort of part of the family now.
Its mechanically bomb proof as it gets used and maintained.
The paint is best described as well used... but I can't get excited about a respray whilst I intend to use it.
Its prob worth not a huge amount but its priceless to me.
Cactussed said:
I bought mine 10 years ago (when I was 33) and have enjoyed every single moment of owning and using it.
Its featured in most significant events of my adult life really (took it to Italy with the then girlfriend, got engaged), weekends away with the wife, weekend rides with the kids, European road trips etc.
Its sort of part of the family now.
Its mechanically bomb proof as it gets used and maintained.
The paint is best described as well used... but I can't get excited about a respray whilst I intend to use it.
Its prob worth not a huge amount but its priceless to me.
Still fondly remember admiring your car (lovely seats from memory) when I picked mine up from Paul's place at some point many years ago. Wish I still had that car, still the one I cherished most .... and had to sell at the absolute low point of the market - one of the worst days of my life when it was picked upIts featured in most significant events of my adult life really (took it to Italy with the then girlfriend, got engaged), weekends away with the wife, weekend rides with the kids, European road trips etc.
Its sort of part of the family now.
Its mechanically bomb proof as it gets used and maintained.
The paint is best described as well used... but I can't get excited about a respray whilst I intend to use it.
Its prob worth not a huge amount but its priceless to me.
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