All things mostly equal (maintenance records, ext/int color, main issues addressed, etc.), what do you guys think the price difference is between a 20K vs. 30K mileage car? $5K? $10K? more/less?
Well actually I would officially state that mine are more valuable by a country mile for the record , but since I'm sure everyone rightfully feels the same way about their car, I digress and say again, Drive'em , Love'em, and fix'em. In good health.
It's only an opinion, but here is how I see the mileage working with prices. I'm more interested in service records and condition than miles, but for many the reality is: Sub 10k miles / add $15 to $20k 10-20k miles / add $5 to $10k 25k to 35k miles / no add or deduct 40k miles plus / start deducting $5k plus for miles Robb
With a 355? What is actually rare that is liked more? Not much really. Challenge cars are rare for sure. But as for the Spider vs GTS vs GTB. Some like the Spider more but there a tons of them and many good ones available. Some like the GTS because there are less of them and they like the roof coming off without the full tent on the roof. The purists like the GTB but there are many of those as well. IMO a 2.7 GTB is the way to go but then thats me. They are all beautiful cars.
What options could you possibly have that give a car that much over another one with comparable miles Please do tell. Like mine is a 95 Berlinetta 6 speed yellow black interior. What other options other than color body type and transmission were you able to choose? It all comes to the buyers preference cut and dry.
Excellent synopsis Gerry. We have pretty well determined that there are 2500 examples existing in North America , split amongst all the variants proportionally. In speaking for the NA market only, they are relatively rare cars if you really want what you want. There are a lot of options out there car wise in the 50-80k range so even though they may seem relatively rare statistically, the buyers for them may not be beating the door down.
Here is a short story that only happened a couple weeks ago. I did an engine out service on a 355 spider last year. Customer decides to sell it this year. He sells the car for 83k Canadian. Car has 13k km on it, black tan 1997 MY. A week later a get a call from the buyer. He wants to sell the car. But you just bought it..why do you want to sell? Says the car is junk, worst thing he has ever owned (this car was anything but that..it was a a beautiful low milage all original machine). I ask how much are you asking..he says I'll take 80k for it..I said no. Then he drops to 70k..i say no..then 65k no less. That's as low as I can go. So I sold it to a customer of mine for 65k. With in a matter of 2 weeks the guy took a 20k hit just to get out of the car. After sniffing around.. turns out the twenty k hit was enough to get him out of whatever trouble he was in.. Strange times..
Some newer buyers that acknowledge your experience will buy these cars thinking they're going to drive like a new Mercedes. They don't so their expectations get violated and they call them junk. The issue is of course the expectations are out of whack. It's a classic that means it's not going to drive and feel like new cars. It's quite simple but some people just don't get it. Sent using FerrariChat.com mobile app
The point was..cars can be sold at any price point. It seem the collector car market is full of folks who over pay, and also folks who manage to buy at extremely good prices. You can ask any price you want. But it's the actual selling price is the number you want to see. Places like ebay never show the sold number. It could be much lower then the asking.