355 Classic of the future?

[TGMSW6]

What do we think prices are doing on these? I have seen them start to creep up but wondered whether that was just me? I saw an article the other week in Octane magazine where they likened it to the Dino as a future classic. I remember seeing Dino prices rocket from 50k to over 100k recently.

[jdw1234]

Too many made I reckon, about 3,800 Dinos made against c.11,000 F355s.

Its a classic for sure, but I don't see any investment potential once running costs (massive over longer term) and inflation taken into account.

Caveat - I used to own one and sold it so you could argue I am biased against ;-)

Classic car definately, investment definately not!

[TGMSW6]

Thanks for the reply I am selling mine at the moment but wondered whether it might be worth holding

[Snoop08]

Is it manual Tom? What are you asking for it?

[TGMSW6]

It is listed on Verdi's website at £46,750 but I would obviously take less for it. 1999 T reg rosso corsa with crema hide. Has Tubi Manaifolds and sports exhausts.

[TGMSW6]

sorry yes it is manual!

[Try5t]

jdw1234 said:

Too many made I reckon, about 3,800 Dinos made against c.11,000 F355s.

Its a classic for sure, but I don't see any investment potential once running costs (massive over longer term) and inflation taken into account.

Caveat - I used to own one and sold it so you could argue I am biased against ;-)

Classic car definately, investment definately not!

I agree - I thought prices had actually been falling for the last few months and lots of cars were not selling despite big price drops?

[jdw1234]

Try5t said:

jdw1234 said:

Too many made I reckon, about 3,800 Dinos made against c.11,000 F355s.

Its a classic for sure, but I don't see any investment potential once running costs (massive over longer term) and inflation taken into account.

Caveat - I used to own one and sold it so you could argue I am biased against ;-)

Classic car definately, investment definately not!

I agree - I thought prices had actually been falling for the last few months and lots of cars were not selling despite big price drops?

Thats certainly what I found when I sold mine.

I think there is a seperate market for perfect, late, low miles, Rosso/Crema manual GTBs however.

[Jonty355]

Why would you ever want to sell a 355 anyway?

[jdw1234]

Jonty355 said:

Why would you ever want to sell a 355 anyway?

I recall yours being up for sale you cheeky chappy!!!

Did you not find as I have described?

[Try5t]

Jonty355 said:

Why would you ever want to sell a 355 anyway?

For a 360! ... which was admittedly a mistake.

The garage queen cars might be asking strong money - but they don't seem to be finding homes either which always says "overpriced" to me.

If I was looking at paying 50k plus for a minter, personally I`d probably decide to hang on and save for a 430, or finance the difference. I would think that anybody buying one would have to be taking a 10-15k hit to resell it again.

[Jonty355]

jdw1234 said:

Jonty355 said:

Why would you ever want to sell a 355 anyway?

I recall yours being up for sale you cheeky chappy!!!

Did you not find as I have described?

It was, but that was more due to agreeing with the wife I could have one for 6 months, so after 2 years I put it up for sale when I had a bad patch with reliability. But then I got it sorted, and since then its been fault free. So I cant possibly part with it!

My car had previously been a garage queen, which I think caused it problems. Used it plenty over the past year, and apart from a water temperature sensor going down last summer (which cost me £7.99 to replace), its worked so much better!

Ok, servicing is still pricey, and I've just had a quote to overhaul the brakes, which wasn't nice. But I still love it! And unless I had the money to buy something that started with 246, 250 or 275, there's nothing else I'd replace it with!

[JasonSF]

355 will def be a future classic. There were a lot made but demand will always be high mainly due to the timeless looks. 430 will be remembered as the ugly duckling in 20 years time as most panels are far too busy looking IMO.

[NEFOC]

Defo future classic. They will gradually climb. Recall buying one at 29k three years ago and have seen track cars at 25 but think you would be looking at 35k up today

[Jonty355]

They're still very much more limited in numbers compared to the 360 and 430. Plus the timeless looks, sounded better than the later cars (my opinion), but still the more modern, useable Ferrari. They seem to be very much in demand anyway, so the prices are bound to eventually rise to meet demand.

My opinion is in no way biased!

[jdw1234]

Jonty355 said:

jdw1234 said:

Jonty355 said:

Why would you ever want to sell a 355 anyway?

I recall yours being up for sale you cheeky chappy!!!

Did you not find as I have described?

It was, but that was more due to agreeing with the wife I could have one for 6 months, so after 2 years I put it up for sale when I had a bad patch with reliability. But then I got it sorted, and since then its been fault free. So I cant possibly part with it!

My car had previously been a garage queen, which I think caused it problems. Used it plenty over the past year, and apart from a water temperature sensor going down last summer (which cost me £7.99 to replace), its worked so much better!

Ok, servicing is still pricey, and I've just had a quote to overhaul the brakes, which wasn't nice. But I still love it! And unless I had the money to buy something that started with 246, 250 or 275, there's nothing else I'd replace it with!

Good man!!

[Jonty355]

jdw1234 said:

Good man!!

Plus its making a great ornament if I run out of money to run it!
http://www.pistonheads.com/gassing/topic.asp?h=0&a...

[TGMSW6]

great lounge furniture!