Equipment
Nitto tires, Tubi exhaust, black leather boot cover, power windows, air conditioning, Alpine CD stereo.
Condition
#3 Good
Runs and drives well. Flaws not noticeable to passersby. Most common condition.
Right rear wheel has a big scrape and some curb rash. Light dings on all four wheels. Several noticeable chips on the nose and another big one on the right front fender. Small crack to the right of the engine cover. Lightly wrinkled seats and the plastic on top of the temperature controls is starting to warp. Recent $35k engine-out service with new clutch and exhaust. CARFAX shows accident in 1999, but there's no noticeable damage or sign of repair. This car really should be better given the 33,582 miles on the odometer and the money spent on it. The gated manual makes it more desirable, but this is nothing but a driver quality 355.
Market commentary
355 prices have risen over the past year and this car's recent service was a selling point. This would have been an expensive price if not for the 6-speed manual. Back then, the majority of Ferrari drivers still ordered their cars without paddles, but manual cars still command a huge premium. Factoring in those pluses as well as the several flaws and red flags, this was a roughly appropriate price. The new owner won't be able to enjoy that recent service for too long, though, because Ferrari recommends a belt service (engine-out) every three years to keep those five valves from making impressions on the piston crowns.