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Rare Black/black Gts, Very Reliable, Low Mileage, Showroom Condition on 2040-cars

US $72,000.00
Year:1998 Mileage:17200 Color: Black /
 Black
Location:

New York, New York, United States

New York, New York, United States
Advertising:
Transmission:F1 Semi-automatic Paddle Shift
Body Type:Coupe
Vehicle Title:Clear
Engine:3.5 Liter V-8, 380 HP
Fuel Type:Gasoline
For Sale By:Private Seller
VIN: ZFFXR42A8W0111178 Year: 1998
Make: FERRARI
Model: 355
Trim: Targa
Options: Removable Targa Top, Red Brake Calipers, Leather Seats, CD Player
Safety Features: Anti-Lock Brakes, Driver Airbag, Passenger Airbag
Drive Type: RWD
Power Options: Factory Alarm System, Keyless Entry, Air Conditioning, Power Locks, Power Windows
Mileage: 17,200
Sub Model: GTS Targa top
Exterior Color: Black
Number of Doors: 2
Interior Color: Black
Warranty: Vehicle does NOT have an existing warranty
Number of Cylinders: 8
Condition: Used: A vehicle is considered used if it has been registered and issued a title. Used vehicles have had at least one previous owner. The condition of the exterior, interior and engine can vary depending on the vehicle's history. See the seller's listing for full details and description of any imperfections. ... 

Selling my gorgeous 1998 Ferrari F355 F1 GTS which I've owned for six years. The F355 is Ferrari's last V8 of the 20th century and is the last of the classic, sensual, low rear-deck models dating back to the 246. The 360 that followed in 2000 introduced the wedge shape with a big square rear end. What were they thinking? I don't know.


To be clear -- This is NOT the problematic and readily available soft-top convertible Spider model. There is a glut of Spiders on the market. Ferrari produced way too many of them to satisfy the "trophy" demand during the dot-com bubble. If you purchase a Spider, you will not have a rare car and you will most likely have problems with the soft-top which starts at five figures to fix. Good luck with that.

This GTS (targa top) configuration is very rare. Let's do some math...

-- Only 2,577 GTS's were made from the total 355 production run between 1995 and 1999.

-- The F1 paddle-shift transmission arrived with the 1998 model year, so only 529 were produced with it in those last two years before the changeover to the 360.

-- With respect to colors, less than 10% of Ferraris sold are this combination (black/black), which means only about 50 copies of this car exist worldwide. That means maybe 10-15 for the United States.

-- I would say that after 15 years, less than half of those still have fewer than 20,000 miles on them, if they still exist at all. Which leaves...

About FIVE to SEVEN copies of this car in the entire United States! How's that for rare?

I have been tracking the sale of 355's on eBay for the last six years and the last time I saw a 98/99, black/black F1 GTS up for sale was, guess what... This one, five years ago. There have been one or two Black/Tan ones in that same time period.

Now -- More on this car:

Unlike the 360, the F1 transmission on the 355 is totally reliable. I never had any issues with it, nor did previous owners. It is a sophisticated, yet simple system that is basically a manual transmission with an electrohydraulic clutch. Same concept as on their Formula One cars that Schumacher dominated the Grand Prix with.

I am the third owner of the car. Based on good, but inconclusive evidence, I believe that the first owner was a celebrity, if you're into that sort of thing.

It has been an extremely reliable and fun car to own. The only change I made to it was replacing the faulty Ferrari catalytic converters with ones from Hyper-Flow and the result has been a nicely breathing engine with no issues.

I purchased the car in California with 9,400 miles on it and added roughly 8,000 miles over six years; 90% summer highway driving. It's been driven in the rain once. Otherwise it's been plugged in with a trickle charger and covered in a secure garage. I have never driven it on a racetrack.

There is NO leather shrinkage. I had some pieces replaced by a Ferrari dealer in New York right after I bought it.

There are NO sticky parts. They were all repaired and the result is like a brand new console.

It has Michelin Pilot Sport tires, which are in great shape.

The car has only been dealer serviced. I have all the records back to the original purchase in 1998.

I have all the books and tools, as well as two key sets and cover.

I own the title and it is clear.

The car has been well-maintained and serviced and drives like it's brand new. Take note of the AutoCheck score.

The interior looks brand new and the leather still smells like from the showroom.

This car is the real deal. I will miss it, and I would like to see it go to the right owner for its next chapter. I've been a Ferrari enthusiast since I was a kid and I can tell you anything you want to know about this car, and even help you out in your first months of ownership. Having said that, and with all due respect, I am not looking for new friends to car chat with. Please only inquire if you are serious and you have adequate financial resources to close.

If you're looking for a "steal", go buy a Spider and have yourself a Pyrrhic victory dance. If you want a rare specimen with low mileage in collector condition, go for the GTS. Spring is here and the price is right. If you act now, I'll throw in the spare parts catalog which is fun for geeking out on this little marvel of engineering.

The car is currently being stored on Long Island. Visits from serious parties are welcome. Be prepared to be stunned. It's a love-at-first-sight experience.

And one final word: I was not born this morning when it comes to internet fraud. I will only accept PayPal transfers for deposit. For full payment, I will only accept wire transfers or cashier's checks from trusted banks.

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