Ferrari f355 - Ferrari Life
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post #1 of 22 Old 09-26-2013, 06:04 PM Thread Starter
 
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Ferrari f355

Buying a 98 f355, 38k miles 50k ,heard a lot of good things but also a lot of headaches,it's my 1 st Ferrari.Ami making a mistake?
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post #2 of 22 Old 09-26-2013, 08:54 PM
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F355s are good Ferraris and if she has been well maintained, should not be a problem. Needs an engine-out service every 3-5 years to change the cambelts. Make sure and have an independent pre-purchase inspection done that includes a compression and leak-down test to make sure she is in good shape.

Go to ferraridatabase.com and download owners manuals and the workshop manuals so you know what is involved in owning an F355. The OM has a maintenance schedule. Hopefully you already have a technician picked out to maintain her.

Taz
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post #3 of 22 Old 09-27-2013, 04:53 AM Thread Starter
 
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ferrari

Thanks for the reply.I rented a 348 10 years ago in Vegas and said someday i hope to own one.
The service was done at 38125,I got a copy of the service done,complete engine overhaul,cylinder liner ,#7 piston,all rings,head gasket,timing belt.I have a $19366 service bill that was done.That was in 2011,now the car has 38850 miles so i guess i should be good to go.Any advice from anyone would be really appreciated.At 43 this is a dream for me.
Thanks
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post #4 of 22 Old 09-27-2013, 08:22 AM
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Was any work done to the heads while she was disassembled?

Taz
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Past: Dino 246 GT 02984, 365 GTB/4 14009, 308 GTS 25125

Every day I look around, and if nobody is shooting at me, it is a pretty good day.
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post #5 of 22 Old 09-27-2013, 11:33 AM Thread Starter
 
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They replaced cylinder liner on #7 and piston rings on all pistons.Found damage to crankshaft journbals,crankshaft and connecting rod bearings needing a complete engine overhaul.these are the part list i got.Cylinder Liner,Piston ring set,Head Gasket,intake valve,cam seal set,.Then they wrote ,All valve seats and valves re-ground.All new valve guids installed.Mating surface refaced.Checked valve installed height,cylinder head height,checked all valve springs,re-assembled complete cylinder heads.
Polished crankshaft to standard journal size.Polished piston pins and bores.Cleaned block,crankshaft,pistons and rods.Standard size main crankshaft bearing set.
Connecting rod bearing
Crankshaft thrustbearing.
Tell me what do you think?
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post #6 of 22 Old 09-27-2013, 01:25 PM
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Sounds like she got a new engine. The valve guides were what I was curious about, since those have been a problem area in some F355s.

We have seen a couple of liner problems lately, one in a 550. Need to change coolant frequently in these engines or problems can develop. Some of the pros even do it annually, but every 2-3 years at a miminum. Maintenance schedule does not even show coolant changes.

Taz
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post #7 of 22 Old 09-27-2013, 02:57 PM Thread Starter
 
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So I should be good to go I hope.Thanks for the reply
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post #8 of 22 Old 09-29-2013, 07:42 AM
 
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Not so quick

take her out for a Drive ,tell us how you feel,did you check every thing, let us know
check clutch, engine etc.
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post #9 of 22 Old 09-29-2013, 07:45 AM Thread Starter
 
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I won't get the car for 10 days.Its coming from Oregon.Carrera motors.if anyone has feedback on these guys I'd appreciate it
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post #10 of 22 Old 09-30-2013, 06:16 PM
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Are you able to determine whom performed the engine work? Any mention of the headers being checked or replaced, what about the catalysts, replaced? OEM? aftermarket?? There are other bits in that job that should be checked, discussed , mentioned replaced etc. Get copies of the records and sit down with your local Ferrari specialist whom may be helping keep the car healthy and on the road and comb through them.


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post #11 of 22 Old 10-01-2013, 02:21 AM
 
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Don't do it if you are on a tight budget, 18 months into ownership and I can say that these cars can be very expensive to run. For reliability you are much better off with the 360 and 430s.
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post #12 of 22 Old 10-01-2013, 08:19 AM
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Quote:
Originally Posted by FX8200 View Post
Don't do it if you are on a tight budget, 18 months into ownership and I can say that these cars can be very expensive to run. For reliability you are much better off with the 360 and 430s.


I would agree. I try to keep 1st time buyers out of 355's. They can be a very needy car and operational costs can be very high. That one repair order speaks to that quite well.

360/430 is a much better choice if it is in your budget and if a 360 is not in your budget, no way a 355 is. The purchase price is just the ante.

Last edited by Brian; 10-01-2013 at 09:28 AM.
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post #13 of 22 Old 10-01-2013, 12:58 PM
 
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I whole-heartedly agree with Brian Crall. If you feel that you have a lot of funds available for a 355 and it's subsequent high maintenance, you DO have enough
for a nice 360.

Plus the fact that the 355 is very spooky when driving on a wet road. The 360 is not

Brian-- Why are you using that photo of Roland Free and the Vincent Black Shadow as your avatar?? I did considerable business with Roland when he was
the distributor for Briggs Filters way back last century.
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post #14 of 22 Old 10-01-2013, 01:04 PM
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Quote:
Originally Posted by Jerry Lehrer View Post
I whole-heartedly agree with Brian Crall. If you feel that you have a lot of funds available for a 355 and it's subsequent high maintenance, you DO have enough
for a nice 360.

Plus the fact that the 355 is very spooky when driving on a wet road. The 360 is not

Brian-- Why are you using that photo of Roland Free and the Vincent Black Shadow as your avatar?? I did considerable business with Roland when he was
the distributor for Briggs Filters way back last century.


One of the best pictures ever to come from Bonneville. I have spent considerable time there and consider it an important piece of the history of the place.
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post #15 of 22 Old 10-01-2013, 05:37 PM Thread Starter
 
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Ferrari 355

Thanks Guys.I really love the 355 and I should be ok financially.I have a work order of 19k done 700 miles before I bought it.
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post #16 of 22 Old 10-09-2013, 05:09 AM Thread Starter
 
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Guys I have a question,so its too late to change but would love to know.I have stated that i just bought a 1998 F355 spider 38800 miles for 50K.They had a 19K service work done at 38100 miles.
I will be receiving the car tomorrow and am very excited.Every time i get on this forum ,all i hear is complaints about it and almost saying dont drive it because it will cost you too much.So did i make a huge mistake in buying this car.Its my 1st Ferrari and i am/was very excited.Now im in fear .I bought it to drive it not park it.
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post #17 of 22 Old 10-09-2013, 09:27 AM
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I doubt anyone has changed their mind in the last 2 weeks.

I have been in the Ferrari business for over 30 years because I like the cars. That is why it troubles me when I see new owners make decisions that often leads to them disliking the entire brand.
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post #18 of 22 Old 10-09-2013, 09:27 AM
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George, first of all, congrats on your purchase. No doubt you must be all excited to receive the car.

I cannot help you with all the technicals, but at least I can say that you made your educated decision based on your homework. Given the facts, it sounds like a fine purchase. At this point in time, try not to get too worked up with the details. Instead, concentrate on the fun factors. If this car is sorted, you should have many happy miles ahead of you. Eventually, issues would surface but it is a learning curve after all.

I used to own a 97 manual for almost three years and did not experience any major issues.

Enjoy the car.

w/ smiles

Jimmy
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post #19 of 22 Old 10-09-2013, 10:04 AM Thread Starter
 
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ferrari f355

Well Thanks Jimmy and everyone else that replied.I am overly excited to get it,I know that i am going to put money into it and expect it but i hope i can enjoy it also.I am 43 this is really is a dream for me.My nephew (25)bought a 2009 Gallardo and says he cant wait to go out riding with his Uncle.My 3 boys each have decided on days for rides as did my wiffe so im siked.Thanks everyone
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post #20 of 22 Old 10-09-2013, 03:05 PM
 
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Marry in haste, repent at leisure. It took me many months to study and test drive F cars before I made my decision. Not regretted!

BTW, I decided to marry the girl who became my wife after the first 15 minutes after meeting her.

Jerry Lehrer
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