This guy races a NSX and owns a 355 for a few years. This is his LATEST repair update on the 355, from NSXfiles.com
First, a quick update on the F355 GTS, which everyone has been asking me about.
I finally got the car running great in late July. That's after I got the following work done on it:
1. 45,000 mile service from GMG
2. Fix tranny leak, oil leak, shifting problem. International Motorsports figured out how to fix this stuff
3. New parking brake shoes
4. New parking brake assembly (cable and actual hand lever)
5. New shock motor actuator (adjusts suspension from soft to sport mode)
6. New rear hatch struts
7. New rear wheel bearing
8. Detail from Premier Motorsports in Culver City
9. Rebuilt water pump
Special thanks to Martin at International Motorsports for being the one that eventually got the entire car back to excellent condition. If it wasn't for them, I'd have to set the car on fire and collect insurance money to pay for all the repair bills.
I'm going broke trying to maintain the F355!
Car runs great now! Only problem is that I charged $18,000 ffing dollars on my credit card to have all the above repairs done. Which is ridiculous. So now I'm faced with the dilemma: Should I sell it now since everything is working great? Or do I pound on it for another year with the chance that I might have to drop another $5000-$10,000 into it if something breaks? What if I blow up the motor and it cost me $30,000 to fix it? It seems a shame to sell it. But then again I've been running up my credit cards in an effort to get me to face reality that I need to sell this thing before it breaks me financially. Premier Motorsports puts me in contact with Richard Purcell, who is a Ferrari broker. I agree that I'll use his services to help sell the car.
This is the first car I ever sold in my life. I still have my 1986 Toyota MR2!
I priced the car at $79,000,which Richard said was too high. I got no offers whatsoever. Copy of my "for sale ad". So then I agreed to drop it to $75,000. Still nothing. Richard then said I should really price it at $69,000, and he can sell it for sure. Which I told him was ridiculous, as it is a 1999 GTS with F1 transmission, factory carbon fiber racing seats, red removable top, has custom five point harness installed for the driver, red brake calipers, etc. He said that is all good and dandy, but as soon as he tells people that it has 43,5000 miles on it, they hang up the phone on him. So I tell him that if I factor out all the repairs into the car, that means the car was worth $51,000 before I went into the rathole of fixing all this shit on it? Ridiculous. Plus factor in a few thousand for his commission, and suddenly it comes a $49,000 car prior to repairs. Absurd. If you look at the car up close, you would think it only has 10,000 miles on it, as the paint/body work looks real good. Leather is a bit worn on the driver's seat, but that is to be expected.
First, a quick update on the F355 GTS, which everyone has been asking me about.
I finally got the car running great in late July. That's after I got the following work done on it:
1. 45,000 mile service from GMG
2. Fix tranny leak, oil leak, shifting problem. International Motorsports figured out how to fix this stuff
3. New parking brake shoes
4. New parking brake assembly (cable and actual hand lever)
5. New shock motor actuator (adjusts suspension from soft to sport mode)
6. New rear hatch struts
7. New rear wheel bearing
8. Detail from Premier Motorsports in Culver City
9. Rebuilt water pump
Special thanks to Martin at International Motorsports for being the one that eventually got the entire car back to excellent condition. If it wasn't for them, I'd have to set the car on fire and collect insurance money to pay for all the repair bills.
I'm going broke trying to maintain the F355!
Car runs great now! Only problem is that I charged $18,000 ffing dollars on my credit card to have all the above repairs done. Which is ridiculous. So now I'm faced with the dilemma: Should I sell it now since everything is working great? Or do I pound on it for another year with the chance that I might have to drop another $5000-$10,000 into it if something breaks? What if I blow up the motor and it cost me $30,000 to fix it? It seems a shame to sell it. But then again I've been running up my credit cards in an effort to get me to face reality that I need to sell this thing before it breaks me financially. Premier Motorsports puts me in contact with Richard Purcell, who is a Ferrari broker. I agree that I'll use his services to help sell the car.
This is the first car I ever sold in my life. I still have my 1986 Toyota MR2!
I priced the car at $79,000,which Richard said was too high. I got no offers whatsoever. Copy of my "for sale ad". So then I agreed to drop it to $75,000. Still nothing. Richard then said I should really price it at $69,000, and he can sell it for sure. Which I told him was ridiculous, as it is a 1999 GTS with F1 transmission, factory carbon fiber racing seats, red removable top, has custom five point harness installed for the driver, red brake calipers, etc. He said that is all good and dandy, but as soon as he tells people that it has 43,5000 miles on it, they hang up the phone on him. So I tell him that if I factor out all the repairs into the car, that means the car was worth $51,000 before I went into the rathole of fixing all this shit on it? Ridiculous. Plus factor in a few thousand for his commission, and suddenly it comes a $49,000 car prior to repairs. Absurd. If you look at the car up close, you would think it only has 10,000 miles on it, as the paint/body work looks real good. Leather is a bit worn on the driver's seat, but that is to be expected.
