Possible new owner here... Just got my PPI, please give me your suggestions!! Thanks | FerrariChat

Possible new owner here... Just got my PPI, please give me your suggestions!! Thanks

Discussion in '348/355' started by Doramon0720, Feb 15, 2016.

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  1. carwhisperer

    carwhisperer Formula Junior

    Sep 29, 2014
    426
    Sacramento, CA
    Full Name:
    Brian
    I didn't take the time to open the pdf but what are the basics? Price, year, mileage, time/miles since timing belt change, model, title history.
     
  2. Doramon0720

    Doramon0720 Karting

    Jan 17, 2015
    92
    Rancho Palos Verdes
    Full Name:
    Steven
    $72500 1999 F355 GTB F1 Jan 2013/700 miles last timing belt change. clear title.
     
  3. lotusk

    lotusk Formula 3

    Nov 3, 2003
    1,840
    London UK
    Tyres way out of date

    Dangerous to drive at speed
     
  4. lotusk

    lotusk Formula 3

    Nov 3, 2003
    1,840
    London UK
    Non oem brake discs

    Great colour car
     
  5. fullmonty

    fullmonty Formula Junior

    Sep 17, 2007
    258
    LALAland
    Full Name:
    Mel
    If I read correctly, numerous leaks, clock not working, stickies, scratches, out of date tires, scratched wheel. My suggestion find out approx. repair cost and negotiate from the asking price of $ 72,500. IMHO too many issues for the asking price. Don't let emotions guide your decision.
     
  6. calder1

    calder1 F1 Rookie
    Sponsor Owner

    Aug 26, 2006
    2,829
    Redondo Beach
    Full Name:
    Craig
    asking price needs to be about $10k less as i see about $10k plus of work
     
  7. johnk...

    johnk... F1 World Champ
    Owner

    Jun 11, 2004
    10,629
    CT
    Full Name:
    John Kreskovsky
    Cross drilled brakes were an option for later models. Not sure when they became available.
     
  8. cf355

    cf355 F1 Rookie

    Feb 28, 2005
    4,208
    Full Name:
    chris
    +1
     
  9. cf355

    cf355 F1 Rookie

    Feb 28, 2005
    4,208
    Full Name:
    chris
    #10 cf355, Feb 15, 2016
    Last edited: Feb 15, 2016
    looking at the header pics and the dirty block.....looks like my car when the header failed and blew out the old fiberglass insulation........could be the start of header failure but it also could be just oil leak grunge (easily checked).
     
  10. cf355

    cf355 F1 Rookie

    Feb 28, 2005
    4,208
    Full Name:
    chris
    if the car has only gone 700 miles since jan 2013 then this car has been parked which is not good for the t belt......also explains the weeping cam seals.
    I would be prepared to do another major service.
     
  11. cf355

    cf355 F1 Rookie

    Feb 28, 2005
    4,208
    Full Name:
    chris
    the scrapes on the underbody, repainted front bumper all normal....non issue and easily fixed.
    the sticky interior bits....again easily fixed by yourself if your so inclined ....but if not you could send
    it out to be corrected but I've read people paying 3g or so to contractors.
     
  12. Schatten

    Schatten F1 World Champ
    Owner

    Apr 3, 2001
    11,237
    Austin, TX
    Full Name:
    Randy
    CV boot - "pass inboard slow leak"

    Sounds like they will need to be replaced. Look into upgrading heat shields which can overheat the CV booots while you are at it.
     
  13. cf355

    cf355 F1 Rookie

    Feb 28, 2005
    4,208
    Full Name:
    chris
    #14 cf355, Feb 15, 2016
    Last edited: Feb 15, 2016
    I didn't see where the tire dates were listed but if they are original to the car...could be 10 to 15 years old and should consider replacing.
     
  14. cf355

    cf355 F1 Rookie

    Feb 28, 2005
    4,208
    Full Name:
    chris
    +1.....but I would suggest 10-15g
     
  15. Schatten

    Schatten F1 World Champ
    Owner

    Apr 3, 2001
    11,237
    Austin, TX
    Full Name:
    Randy
    Tires say: 0504, 4603, 4604, 4604
    Translation: 5th week of 2004, 46th week of 2003, 46th week of 2004.

    Should be ok. Five years is the limit.
     
  16. lotusk

    lotusk Formula 3

    Nov 3, 2003
    1,840
    London UK
    Did not know that

    You certain?
     
  17. lotusk

    lotusk Formula 3

    Nov 3, 2003
    1,840
    London UK

    Should be ok???

    These tyres are 11-12 years old

    Get rid pronto....or be prepared for a 360 degree when applying throttle out of a bend!
     
  18. SoCal1

    SoCal1 F1 Veteran
    Owner

    Jun 14, 2011
    8,562
    SoCal LA/OC/New Mexico
    Full Name:
    Tim Dee
    Good luck

    Just set aside 10K for stuff that you may want to do in the first year, That seems to be the magic number.

    A bunch of us in the area work on our cars couple times a year, may want to join us. very casual

    Motor sounds solid so no issue there


    :)
     
  19. cf355

    cf355 F1 Rookie

    Feb 28, 2005
    4,208
    Full Name:
    chris
    I recall talking to the f dealer about the drilled disk option back in 1999.
    They had a silver coupe in the showroom at the time with this option.
     
  20. cf355

    cf355 F1 Rookie

    Feb 28, 2005
    4,208
    Full Name:
    chris
    +1....at 11 years old these tires are toast.
     
  21. Schatten

    Schatten F1 World Champ
    Owner

    Apr 3, 2001
    11,237
    Austin, TX
    Full Name:
    Randy
    Apologies, I still think it is 2006 and not 2016. So I'm a decade behind!
     
  22. emac

    emac Formula Junior
    Silver Subscribed

    Sep 14, 2014
    851
    upstate SC
    Full Name:
    ernest
    When I got my car the tires were about that old. I only drove it a few short times. When I put new rubber on it, the ride was transformed. That old hard rubber is bad news.
     
  23. carwhisperer

    carwhisperer Formula Junior

    Sep 29, 2014
    426
    Sacramento, CA
    Full Name:
    Brian
    Maybe after we hear 2 or 3 more times that the tires are out of date we can move on from that part of the story. New tires=$1200

    Bumper scratches normal. If you fix them you'll have some more if you drive it places other humans drive their cars.

    Oil leaks not great, but if it's not dripping then maybe keep driving until the next major in 2018? I paid less than half of this recently for a spider but I know the hard tops are worth more. I also know of someone who paid 90K for a hard top with quite a few issues.

    One thing I'd ask specifically is if there is any mechanical/exhaust leak noise after the car gets fully up to operating temperature. I know of 2 355's that have no noise when cold but do make mechanical noise when warm.

    I agree with what a couple others have said: If you can get it for the low 60's I'd say it's a good price. Even if you pay high 60's it might still be a good deal with the nutso 355 prices out there. Then again, asking prices are easier to find data on than actual sales prices.



    Good luck!
     
  24. John M

    John M Formula Junior

    Nov 18, 2004
    887
    Kentucky
    I think upper 50s to low 60s would be inspiration to pull the trigger. Looks normal for a car that needs some love. Good albeit leaky engine. Good clutch. Just needs a throughout engine out in the back. Sticky interior. I would just start adding up the costs to get it to a premium 355 F1 B like they have it priced at the moment. Then start subtracting from the $72500. Thorough engine out at Norwood is $8-9k....sticky $3k....tires $1k...does it have its keys, its fobs, the books, the tools, the inflator, the factory car cover...etc.

    On the cross drilled rotors, my 99 came with cross drilled rotors as an option listed on the window MSRP and options sticker.
     

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