high mileage 355s
Discussion
Hi, i am looking to get back into sports car ownership after running a TVR for 5 years and then a runaround for the last 2. Really fancy a F355 but at my price range they are high mileage. Providing they have been maintained correctly that in itself doesn't put me off and of course most of the depreciation has already been taken care of. Question is are there any major issues other than routine servicing bills / things that any other car would need done likely to come up with a car with with say 60k on the clock?
Thanks for any help.
Thanks for any help.
I have owned my F355 for 8 years now, it has 91K miles on the clock. It has never caused me a days problem since i bought it. I have put 55k miles on it my self in th eight years of ownership. The key is to keep on top of the servicing and drive it often. It gets better with age IMO.
highmiler said:
I have owned my F355 for 8 years now, it has 91K miles on the clock. It has never caused me a days problem since i bought it. I have put 55k miles on it my self in th eight years of ownership. The key is to keep on top of the servicing and drive it often. It gets better with age IMO.
That must be one of the higher mileage ones in the UK. Nice to see that you actually use it, the mileage facination with Ferrari owners is ridiculous!daslondon said:
Hi, i am looking to get back into sports car ownership after running a TVR for 5 years and then a runaround for the last 2. Really fancy a F355 but at my price range they are high mileage. Providing they have been maintained correctly that in itself doesn't put me off and of course most of the depreciation has already been taken care of. Question is are there any major issues other than routine servicing bills / things that any other car would need done likely to come up with a car with with say 60k on the clock?
Thanks for any help.
The only real problem with high mileage Ferraris is that their resale value is severely affected. If that doesn't bother you the just go for it. Just make sure the car has a full service history and get it checked over. Otherwise it should be fine. Oh just one other thing make sure you buy on condition.Thanks for any help.
Good luck, let us know how you get on.
baptist said:
highmiler said:
I have owned my F355 for 8 years now, it has 91K miles on the clock. It has never caused me a days problem since i bought it. I have put 55k miles on it my self in th eight years of ownership. The key is to keep on top of the servicing and drive it often. It gets better with age IMO.
That must be one of the higher mileage ones in the UK. Nice to see that you actually use it, the mileage facination with Ferrari owners is ridiculous!Stu_00 said:
baptist said:
highmiler said:
I have owned my F355 for 8 years now, it has 91K miles on the clock. It has never caused me a days problem since i bought it. I have put 55k miles on it my self in th eight years of ownership. The key is to keep on top of the servicing and drive it often. It gets better with age IMO.
That must be one of the higher mileage ones in the UK. Nice to see that you actually use it, the mileage facination with Ferrari owners is ridiculous!evil_dr_fish said:
An interior is very easily taken care of 
Is that so? I'm in the same boat, looking to get either a 348 or a 355. I'd probably prefer the 355 but tatty interiors on high mileage cars put me off a bit. I'm definitely in the "drive it" rather than "look at it" camp but a good part of the attraction is a good looking interior. If its feasible to bring an interior back to life quite easily then I'd definitely look at that option
Out of interest how much does an engine rebuild normally cost if you need to fix compression issues.
Edited by cerowe on Tuesday 8th December 10:48
Interiors are easy. Its usualyl just the seat bolsters that wear, so you can sort them out with a good scrub and leather feed on most of it, then simply reconnolise the seats. V easy.
As for a rebuild, how long is a piece of string. Depends what needs doing, how much you're prepared to do yourself vs who you use for the rest and associated labour rates etc.
Top end, I'd say around £5k or thereabouts. That said, it will be unfortunate to need a rebuild, although there's plenty of other stuff to maintain.
Personally, I think you're far better off buying a good car that has been used and maintained regularly than a low mileage example that has all the known faults caused by lack of use just waiting to go pop.
As for a rebuild, how long is a piece of string. Depends what needs doing, how much you're prepared to do yourself vs who you use for the rest and associated labour rates etc.
Top end, I'd say around £5k or thereabouts. That said, it will be unfortunate to need a rebuild, although there's plenty of other stuff to maintain.
Personally, I think you're far better off buying a good car that has been used and maintained regularly than a low mileage example that has all the known faults caused by lack of use just waiting to go pop.
Edited by Cactussed on Tuesday 8th December 10:54
cerowe said:
evil_dr_fish said:
An interior is very easily taken care of 
Is that so? I'm in the same boat, looking to get either a 348 or a 355. I'd probably prefer the 355 but tatty interiors on high mileage cars put me off a bit. I'm definitely in the "drive it" rather than "look at it" camp but a good part of the attraction is a good looking interior. If its feasible to bring an interior back to life quite easily then I'd definitely look at that option
Out of interest how much does an engine rebuild normally cost if you need to fix compression issues.
Edited by cerowe on Tuesday 8th December 10:48
I would walk away from shrinking dashboard leather.
I'm in the same position as the OP, possibly looking to buy an F355 in the new year. All the comments here are really useful, and it's good to know that there are high miler F355s out there! When you look at the classifieds, they make it look like they all go bang at 50k miles! So it's nice to know that the longer in the tooth cars are still running strong and being cherished by their owners
Regarding cars that are run more often working better, I seem to remember reading somewhere that there are actual mechanical reasons for this, and not just people imagining it.
Also, regarding rebuild cost for the engine, is it just me or does £5k sound incredibly cheap?! I was under the impression if the worst came to the worst I'd be stuffed with a car that need £30k's worth of new/reconditioned engine!
Finally, does anyone know of any good buyers guides available on the interweb? I've found the355.com, which seems quite good, but was wondering if there are any others that people would recommend?
Cheers,
M
Regarding cars that are run more often working better, I seem to remember reading somewhere that there are actual mechanical reasons for this, and not just people imagining it.Also, regarding rebuild cost for the engine, is it just me or does £5k sound incredibly cheap?! I was under the impression if the worst came to the worst I'd be stuffed with a car that need £30k's worth of new/reconditioned engine!
Finally, does anyone know of any good buyers guides available on the interweb? I've found the355.com, which seems quite good, but was wondering if there are any others that people would recommend?
Cheers,
M
Mario149 said:
I'm in the same position as the OP, possibly looking to buy an F355 in the new year. All the comments here are really useful, and it's good to know that there are high miler F355s out there! When you look at the classifieds, they make it look like they all go bang at 50k miles! So it's nice to know that the longer in the tooth cars are still running strong and being cherished by their owners
Regarding cars that are run more often working better, I seem to remember reading somewhere that there are actual mechanical reasons for this, and not just people imagining it.
Also, regarding rebuild cost for the engine, is it just me or does £5k sound incredibly cheap?! I was under the impression if the worst came to the worst I'd be stuffed with a car that need £30k's worth of new/reconditioned engine!
Finally, does anyone know of any good buyers guides available on the interweb? I've found the355.com, which seems quite good, but was wondering if there are any others that people would recommend?
Cheers,
M
www.clubscuderia.com
Regarding cars that are run more often working better, I seem to remember reading somewhere that there are actual mechanical reasons for this, and not just people imagining it.Also, regarding rebuild cost for the engine, is it just me or does £5k sound incredibly cheap?! I was under the impression if the worst came to the worst I'd be stuffed with a car that need £30k's worth of new/reconditioned engine!
Finally, does anyone know of any good buyers guides available on the interweb? I've found the355.com, which seems quite good, but was wondering if there are any others that people would recommend?
Cheers,
M
www.ferrarichat.com - there is a dedicated 348/F355 forum.
I think a company called walkersport also has an online buyers guide.
Edited by jdw1234 on Tuesday 8th December 11:25
Mario149 said:
I'm in the same position as the OP, possibly looking to buy an F355 in the new year. All the comments here are really useful, and it's good to know that there are high miler F355s out there! When you look at the classifieds, they make it look like they all go bang at 50k miles! So it's nice to know that the longer in the tooth cars are still running strong and being cherished by their owners
Regarding cars that are run more often working better, I seem to remember reading somewhere that there are actual mechanical reasons for this, and not just people imagining it.
Also, regarding rebuild cost for the engine, is it just me or does £5k sound incredibly cheap?! I was under the impression if the worst came to the worst I'd be stuffed with a car that need £30k's worth of new/reconditioned engine!
Finally, does anyone know of any good buyers guides available on the interweb? I've found the355.com, which seems quite good, but was wondering if there are any others that people would recommend?
Cheers,
M
You can pickup a little used 355 engine for circa £6k to £9k so rebuild may not be the most cost effective solution
Regarding cars that are run more often working better, I seem to remember reading somewhere that there are actual mechanical reasons for this, and not just people imagining it.Also, regarding rebuild cost for the engine, is it just me or does £5k sound incredibly cheap?! I was under the impression if the worst came to the worst I'd be stuffed with a car that need £30k's worth of new/reconditioned engine!
Finally, does anyone know of any good buyers guides available on the interweb? I've found the355.com, which seems quite good, but was wondering if there are any others that people would recommend?
Cheers,
M
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