F355 Market

Author
Discussion

Fil-Ski

Original Poster:

17 posts

82 months

Tuesday 2nd August 2022
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I’m looking to purchase a F355 over the next 3 - 6 months. Either a Berlinetta or GTS but transmission needs to be manual.

Doesn’t need to be a low mile garage queen. Color wise - red, blue or gray

Does anyone know what the market is at? I see anything from £70,000 - £199,900

priley

505 posts

195 months

Tuesday 2nd August 2022
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Your price range is probably correct in terms of what's available. Mileages over 50k seem to hit prices quite hard but there's also the argument that if they're being used the owner is encountering and having to deal with issues. I've had mine for twelve years and have done 15k of its 36k, and just in the last few years I've dealt with clutch/release bearing, ECU, manifolds and sticky interior. All on top of the usual servicing. With this in mind I'd say there's certainly the argument for looking at a higher mileage car from long-term ownership and receipts from reputable places.
The Ferrari Centre/Rardleys/Forza 288 seem to be decent barometers for 'for sale' prices from reputable dealers. And Collecting Cars will show high bids but I haven't seen one on there in the last few months.

jwdh1

270 posts

116 months

Tuesday 2nd August 2022
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we've been looking for a good 355 over the last 3-4 months and must admit we're struggling.

The 2 GTBs at 189 and 199 are definite outliers and feel like a dealer seeing what they can get.

The bulk of low mileage, low owner manual cars seem to pitch in from 95-120K at the moment which feels higher than it should be; but that's purely a personal opinion.

Katzenjammer

1,137 posts

185 months

Tuesday 2nd August 2022
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The UK market seems to be fairly buoyant at the moment. Since I got mine just over 12 months ago, I know four other people who have bought too. Regular Prices seem to range from mid 60s up to 120, though quality is equally variable. That said, the most expensive one I’ve seen in person (£120k) was one of the worst cosmetically and nothing exceptional about its spec or mileage (basic GTB). It’s a SOR car and has been dropped to £110k in the last couple of weeks. It’s still at least £30k too much IMO.

KHPC have had a couple of really amazing cars lately, but they don’t sit for long. A metallic grey GTS with carbon seats was a standout. For anyone that’s keen I would recommend calling KPHC as they can seemingly source really good cars very readily.




andyleeds

668 posts

226 months

Monday 5th September 2022
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kent high performance just sold a blue 45,000 mile spider for £90k i know because they called me about mine which is nearly identical but with 26,000 miles and they told me mine is currently a £110k car..........

Kevin Cozner

1,065 posts

111 months

Monday 5th September 2022
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Funnily enough I have my eye on this too. It seems the F355's time has come.

Notsureaboutthat

53 posts

48 months

Monday 5th September 2022
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There’s a black one for sale at Joe Macari which was on display at salon prive. Black GTS with the carbon seats. Manual and around 48k miles. On for around 125K.

In todays market I think that’s probably around right and wouldn’t be surprised if it gets snapped up reasonably quickly.

I get a sense that the manuals with carbon seats are getting a lot of attention at the moment. Having spent a fortune bringing mine up to snuff with a bare metal respray etc that is on one view good news for me although since I’m not planning on ever selling it also by the same token pretty irrelevant…

Gratuitous pic



Edited by Notsureaboutthat on Monday 5th September 19:55

ric p

609 posts

276 months

Sunday 11th September 2022
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Miss mine, R17 HOL. Owned 7 years and a joy, TdF blue, tan, manual challenge rear grill and decatted. Where are you now???

Sold to pay for a house build back through the lovely Rardley Ferrari for £70k. Thought it was peak market 6 years ago but they have crept up further.

Gratuitous photo!



Note - resin wing badges, looked great and don’t make me a bad person.

Birkin1932

786 posts

146 months

Friday 16th September 2022
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Had mine for 20 years this year. Rosso Crema manual spider. No money would make me part with it. I think these are the next dino, absolute classic in my view.

Bispal

1,713 posts

158 months

Saturday 17th September 2022
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Sold mine for £48k via an auction, LHD, black GTS Manual (3 years ago though). Was exceedingly difficult to sell. Also very expensive to run, all in average spend PA on maintenance was in excess of my McLaren's £5k annual warranty. I knew there as a lot of work coming up too, buttresses, manifold & engine out service so decided to let it go. I did use it quite a bit and it was a 'nice' car but the roof leaked, it wasn't that quick, steering was not great, gears stubborn when cold and all the switch gear had gone sticky.

Just be very, very careful. There are quite a few not very good cars out there with the price tags of good cars. Mine went to 3 specialists for pre-purchase inspections and all 3 had different items on their to-do list and massively varying estimates for the work.

They are very nice cars, beautiful to look at, sound great, pleasant (not fun) to drive but eye wateringly expensive to maintain. Its not a 'tick list' car, its a car you really, really must want and want to keep knowing it will cost you. If you go in with your eyes wide open and consider it a classic car you will enjoy it but if its just another car on a long list it will frustrate, you need to be a fanboy.



Cactussed

5,303 posts

220 months

Monday 3rd October 2022
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I've had mine 15 years (I think).
Other than a recent full engine overhaul (bearings, rings, valve guides, valves, plus manifolds, plugs, leads, clutch etc etc) ive done pretty much all the maintenance myself over the years and it hasn't cost the earth. You do need to keep on top of things that are getting old however. I've replaced all the hoses, rads, belts, filters etc over the years. Next up is springs and suspension bushes (again). Going with polybushes this time as the old rubber ones were a bugger to get in and out 10 years ago.

Oh, and if you're going to farm all that out to a 'specialist', you'll need a large wallet...

MDL111

7,172 posts

184 months

Monday 3rd October 2022
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I saw Cactussed car many many years ago - very lovely

I sold mine for 27k after spending c 20k on it from memory over 2.5 years and a little more than 20k miles. At today’s hourly rates that figure will be a lot bigger. Loved every minute of it, but you need money and a little patience if you can’t do work yourself. A more modern car will be a lot cheaper to run

madras

329 posts

216 months

Tuesday 4th October 2022
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Yes expensive to run (though only about the same as my integrale LOL) bank on £1/mile,will cost you more than a 360 or 430 to maintain properly and lots haven't been so you could easily be walking into big bills. spend as much as you can on the best car, as usual. If you want to drive it rather than purely investment higher mileage and more recent usage (and maintenance) may well save you money, and grief.

Cactussed

5,303 posts

220 months

Tuesday 15th November 2022
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And as a minor update, I've just spent this morning tracking down electrical gremlins (ie total eletrical failure). Turned out to be nothing more than a badly corroded negative terminal on the battery, Cut the end of the wire off, cleaned up the rest, new terminal and job jobbed.

Which would no doubt have cost 4 figures to rectify at a specialist.

And whilst ~I was there, gave the positive and all the engine bay contacts a good polish up as well...

W111AAM

657 posts

239 months

Tuesday 15th November 2022
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If you look at the running costs for my car over 12 years and 15k miles at first glance it is a little sobering. But I was lucky to buy it when i did and its allowed me entry into many great events. Keep toying with selling but what to change for. Maybe i need to scratch the V12 itch before it's too late?!! 599 or 612 does look very appealing!


bryn_p

466 posts

236 months

Wednesday 16th November 2022
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If you think the UK market is buoyant you should check out the results on Bring-a-Trailer in the US, 3 cars have recently made over $200k and quite a few are approaching $200k

Personally I adore the F355 and think they should cost that much smile

Fil-Ski

Original Poster:

17 posts

82 months

Tuesday 6th December 2022
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Is the market getting soft? I see more cars listed in the sub £100k range now.

priley

505 posts

195 months

Tuesday 6th December 2022
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I suspect some might be less desirable cars, for various reasons; condition, mileage, history, manual/F1, colour, owners etc.
I have to say today’s prices have got me contemplating selling mine for the first time in twelve years of ownership. I do wonder what sale prices are relative to advertised ones though. Haven’t paid much attention to 355’s at auctions, which I guess can be a clearer barometer of values,


andyleeds

668 posts

226 months

Saturday 10th December 2022
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Just agreed to sell mine, £105k if that helps….. blue spider manual, 26k miles, I’m 5th owner, it’s a good car.

priley

505 posts

195 months

Saturday 10th December 2022
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Thanks.
Mine’s a non-airbag GTS, red/creme, luggage, Capristo, 35k miles. Have just replaced the clutch/release bearing and manifolds in the last couple of hundred miles too, £££’s !!
Was your sale through Kent High Performance? I’m thinking of giving them a try.