Have to sell my 348...any tips? | FerrariChat

Have to sell my 348...any tips?

Discussion in '348/355' started by Pirate75, Mar 30, 2011.

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  1. Pirate75

    Pirate75 Karting

    Feb 19, 2008
    192
    Scottsdale AZ
    Full Name:
    JT
    Unfortunately, I have to sell my 348ts. It's a two owner car with 27k miles that I've owned for 13 years. I'm having the 30k service done currently.

    The NADA value is showing low end of 41k and high end of 52k. I would be closer to the high end in being that it is in fantastic condition.

    My question is do you guys know what the market is like right now and what I could realistically expect to get for the car?

    Thanks!

    Jeremy
     
  2. Night life

    Night life F1 Veteran
    Silver Subscribed

    Dec 1, 2007
    7,124
    The city that rhymes with fun in Canada
    Full Name:
    Roberto
    I am still getting phone calls on my spider and I sold it weeks ago, unfortunately or fortunately I live in Canada so we don't take as big of a loss. If you need to sell quick place price reasonable, if it is as good a car as you say it is should wont last long. But if you start to high you wont get much action then you will have to reduce your price which sometimes makes buyers think there is a problem with your car.

    My .02ct
     
  3. fxdwgs

    fxdwgs Formula 3

    Aug 22, 2006
    1,016
    Sjobo, Sweden
    Full Name:
    Bengt
    ...the cars are much higher here....try to find a broker who is dealing with exports to Europe. Much easier to get the 50 k that way.

    //B//
     
  4. plugzit

    plugzit F1 Veteran
    Silver Subscribed

    Dec 1, 2004
    7,673
    Redondo Beach, CA
    Full Name:
    Bruce Bogart
    Unless you're a dealer offering financing and warranty, expect the range to be about $10k less than the NADA figures. Most of these cars are in fantastic condition with low mileage. I'm sure I'm gonna get flamed for saying this, but I think the vast majority of actual transactions on 348ts are in the $30-40k range, regardless of the prices the dreamers are asking. Asking $50k will only get you strokes.
     
  5. AceMaster

    AceMaster Three Time F1 World Champ

    Feb 6, 2009
    34,560
    Ontario, Canada
    Full Name:
    Mike
    The major being done now should help, IMO.
     
  6. rbellezza

    rbellezza F1 Rookie

    Jun 18, 2008
    2,792
    Henderson, NV
    Full Name:
    Roberto Bellezza
    I think doing the major will help the sale, the 348 is for many a first Ferrari owner car and many first Ferrari buyers are a little afraid to purchase one that needs a major. I am also getting ready to sale mine and my car is going for the major in the middle of April. Good luck with your sale ! I will need luck as well when my time comes soon.
     
  7. captglen

    captglen Formula 3
    Silver Subscribed

    Nov 25, 2007
    1,790
    West Palm Beach, Fl
    Full Name:
    Glenn L.
    Good Luck on your sale Roberto, The prices have seemed to stabilize a lttle,
    I know your car is mint and good cars will sell.
     
  8. rbellezza

    rbellezza F1 Rookie

    Jun 18, 2008
    2,792
    Henderson, NV
    Full Name:
    Roberto Bellezza
    Thanks !!!!!
     
  9. Huskerbill

    Huskerbill F1 Rookie

    Sep 6, 2004
    4,126
    Oconomowoc, WI
    Full Name:
    Bill

    I might be wrong but my guess is that an actual SALE price won't be any more than $43k. 348s are looked at like a leper right now. The 308s are rising FAST. 328s are rising. 355s are dropping like rocks and you rarely see someone who realizes that they aren't worth the $70k that they bought them for 5 years ago. 360s are dropping like crazy but most owners seem to get it. Same with 430s.

    348s are a $25-45k car right now depending on mileage, major date, color.
     
  10. ferrari 512 tr

    ferrari 512 tr F1 Rookie

    Nov 16, 2008
    4,178
    Australia
    Full Name:
    Paolo
    buyers want the best example for F*#@ all money.
     
  11. ferrari 512 tr

    ferrari 512 tr F1 Rookie

    Nov 16, 2008
    4,178
    Australia
    Full Name:
    Paolo
    Roberto
    did you buy a diablo?
    Bella!
     
  12. ferrari 512 tr

    ferrari 512 tr F1 Rookie

    Nov 16, 2008
    4,178
    Australia
    Full Name:
    Paolo
    Are you selling the tre quarantotto roberto
     
  13. ferrari 512 tr

    ferrari 512 tr F1 Rookie

    Nov 16, 2008
    4,178
    Australia
    Full Name:
    Paolo
    quando vieni in australia per una vacanza
     
  14. 2NA

    2NA F1 World Champ
    Consultant Owner Professional Ferrari Technician

    Dec 29, 2006
    18,214
    Twin Cities
    Full Name:
    Tim Keseluk
    $35K - $40K

    Anything above $40K would be a miracle.
     
  15. 50hdmc

    50hdmc Formula 3

    Oct 10, 2006
    1,211
    Michigan
    Full Name:
    mark s
    I just traded my 348 in to a dealer, but I spent a great deal of time researching the market prior to that. $35-$40 is realistic I am afraid. If you are asking for anything more it will likely just sit and you will just continue to receive the lowball offers (frustrating as hell). The good news is that it is spring, and should bring a few extra bucks now - but clearly it is a buyers market out there. Best of luck!
     
  16. 50hdmc

    50hdmc Formula 3

    Oct 10, 2006
    1,211
    Michigan
    Full Name:
    mark s
    ..actually the 360 prices are stable right now - and very cheap for what you are getting.
     
  17. rbellezza

    rbellezza F1 Rookie

    Jun 18, 2008
    2,792
    Henderson, NV
    Full Name:
    Roberto Bellezza
    Ma cazzo ! Tu parli veramente l'italiano, mi piacerebbe molto venire a visitare l'Australia .... ti faro' sapere, anche tu potresti visitare Las Veagas !
     
  18. rbellezza

    rbellezza F1 Rookie

    Jun 18, 2008
    2,792
    Henderson, NV
    Full Name:
    Roberto Bellezza
    You mean .... Trecentoquarantotto ! Yes, soon, i felt in love hard with the 2006 Gallardo giallo !
     
  19. Husker

    Husker F1 World Champ

    Dec 31, 2003
    11,790
    western hemisphere
    If it's red it could possibly bring 40k.

    If off red about 38 would be tops.

    More realistic: 37-38 for red, 34-35 for off red.

    These assume no big fixes needed.
     
  20. ferrari 512 tr

    ferrari 512 tr F1 Rookie

    Nov 16, 2008
    4,178
    Australia
    Full Name:
    Paolo
    #20 ferrari 512 tr, Apr 2, 2011
    Last edited: Apr 2, 2011
    grazie Roberto

    Io sono Calabrese. tu di dove sei?

    Mi Piacerebbe visitare Las Vegas.
    I live in Surfers Paradise on the Gold Coast Australia.
    Sei benvenuto di venire perche ti ospito io.
     
  21. ferrari 512 tr

    ferrari 512 tr F1 Rookie

    Nov 16, 2008
    4,178
    Australia
    Full Name:
    Paolo
    a si

    In english we say three four eight

    Bella la Gallardo Gialla! Molto bella
     

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