HODL
There's approximately 470 355's for sale on market right now globally by my count and probably another 30-40 in markets I don't monitor and whatever else I don't know about on obscure websites. About 150 of them are 1994-1996 so they are past the 25 year mark for relatively easy import into the US. All of the "top tier" examples are at bare minimum $100k USD equivalent (yellow, higher miles, in need of TLC) all the way up to $150-160k equivalent. Some outliers way out there reaching but waiting for the right buyer for a museum piece which are $200k and beyond range. All of these cars are manual of course as F1 wasn't an option. If you want a Spider, you don't need to look abroad to find one. If you want a GTS or a GTB then looking overseas is a great idea...as in many cases there's more options in regards to colours and overall specs. I don't agree though that they're "cheaper" out there. Maybe by a little...but not by enough to warrant the cost of getting them here (for the most part). Then there's the whole process itself....PPI, visual inspections not being possible due to travel restrictions, etc.
Also I don't disagree that we may see a correction in values...but there's different factors at play this time around IMO. Inflation and devaluation of our dollars being the primary culprit.
BAT GTS motivated me today to get off my butt and give Nite Train some love. I’ve officially washed and detailed her more than I have driven her. Single stage black is such a pain in the ass to maintain (even when not driven) but when it’s good it’s good . Last black car I’m owning period. Had big plans for her. When she goes, she will be sorely missed. Already feeling guilty about replacing her with a redhead. Image Unavailable, Please Login
Interesting what’s happening with 355’s in recent months. Still, I think the ultra fine examples at the top of the class will always command a serious premium, regardless of gyrations in the market.
'95 GTB red/tan, 40k miles, guides done with $86,500 asking at Beverly Hills Car Club: https://www.beverlyhillscarclub.com/1995-ferrari-f355-berlinetta-6-speed-c-12421.htm Good deal for someone looking. Given how many times I heard "if only your car was red" when selling my yellow one a couple months ago, I assume this will be sold by COB today.
Nice! Does the Carfax check out? Only online reference is from fchat 8/12/2008 below. Just over 2,000 miles in 13 years. “F355 BERLINETTA, VIN ZFFPR41AXS0102655 (1995USA model). Red with tan interior. Rear Challenge grille and Capristo exhaust. 38,735 miles. $76,900”
Image Unavailable, Please Login Ironically, as the car was comin’ down, there was a 30 car caravan for a funeral passin’ by. I’m sure they didn’t want to look, but they were lookin’ lol. ANOTHER reminder life is short. No regrets. YOLO.
Thanks for posting this, I'll ring them on it. From my reading of the records, the car is due for a major. How concerned should I be that it was driven about 2000 miles in a decade after it had the valve guides and other repairs made?
I'd get a compression and leak down test done. Kind of odd I agree...the valve guide repair may have been done to a subpar standard. I remember the very first 355 I looked at had the guides done by some random shop that dealt primarily with Honda's. The compression was all over the map. Hurt to walk away from that one because it was a beauty otherwise. Carbon seats and fender shields F1 car. In hindsight I kind of regret not buying it anyway....with the jump in values I could have had everything redone properly and still been ahead.
Like James said, I would go in with eyes wide open on this one. Alex Manos is not an idiot. The liklihood that he simply isn't aware of the recent jump in 355 values is exceedingly low. I'm sure the car is priced appropriately. While I wouldn't be overly concerned about the lack of mileage over the past 10 years, I would certainly expect it to need a myriad of "little things" which should all be able to be addressed during the major. While it's a possibility that there is something sinister going on (botched service when the guides were done), I think it's more likely that the car just has a lot of smaller needs. Don't underestimate a 355's ability to nickel and dime you to death, especially when not driven much for an extended period. If you factor in the cost of a major plus a "freshening up" (tires and who knows what else), you're probably close to the $100k mark at retail rates. My 35k mile yellow car was $95k, so a red one with a few more miles around 100k seems about right. Get a PPI by a shop that knows these cars and make your decision from there.
I didn't see this thread last summer to add my new 355 f1 to it. I purchased a '99 355 f1 in Giallo/Nero last June. The car is Canadian (as am I) and originally from Ferrari of Ontario. It had 35,000 kms (21,700 miles) on the clock. Car is all original except the full Tubi exhaust. I paid $100k cdn ($74k usd last June and just over $79k now). Cheers, Image Unavailable, Please Login Sent from my SM-G981W using Tapatalk
