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For Sale: 1998 Ferrari 355 in Costa Mesa, California

Vehicle Description

This 1998 Ferrari 355 Spider was built in the summer of 1997 and finished in Giallo Modena (Yellow Modena) with a black leather interior and the ultra desirable six-speed manual transmission. Although the F1 transmissions were a tempting bit of technology back in the day, they are a dated bit of technology today and are a tough sell in the marketplace. This 355 was shipped to Florida where it was sold to its first owner in the fall of 1997. The Carfax indicates this car remained in Florida until 2013 and was serviced regularly by each of its owners. After being purchased by the present owner in 2013, this 355 received a significant amount of service work and restoration that is necessary on Ferraris of this age regardless of mileage. Over time some sticky bits have been tended to, the power convertible top was repaired, the original radio replaced and the exhaust and catalytic converters were upgraded to a freer flowing Fabspeed system. Receipts for work performed since 2014 are on hand. The body and paintwork are in very good condition and the interior shows some age, but is presentable. The tires are in good shape and all belts, fluids and filters are within their factory-recommended intervals. A fresh California smog certificate is on hand and the car is complete with a tool kit and car cover. This is a very desirable example of a manual transmission V-8 Ferrari that will make a wonderful weekend driver.

Below is a summary of the receipts we have on hand. In short, the top end has been done (6,000 miles ago), the belts, fluids and clutch were done December 2016 at 21,901 miles, and most recently the entire wiring system, engine ECU and exhaust system were repaired/modified to comply with CA emissions. Carfax is attached.

May 4, 2012 - Raging Bull Performance - 15,956 Miles - $10,220.07
Head Work and Valve Job, Replace Valves and Guides, Major Service - Replace all Timing and Accessory Belts, Install Fabspeed Exhaust System and Sport Headers, Repair Sticky Bits. Credit Applied to Customer ($17,740)

March 10, 2014 - Tire Rack - 17,350 Miles - $1,017.90
Michelin Pilot Super Sport 225/40-18, 265/40-18

March 28, 2014 - Ferrari of Newport Beach 17,350 Miles - $8,904.74
Dash Wiring, Replaced Idler Bearings, Replaced Motor and Transmission Mounts, Replaced Shift Shaft Seal, Replaced Right Rear Shock Gear, Replaced Battery, Four Wheel Alignment, Rebuild Driver Seat Mechanism, Replaced all Fluids and Filters, Mount New Tires, Annual Service.

April 25, 2014 - Ferrari of Newport Beach - 17,510 Miles - $1,641.44
Repair/Replace fuel door solenoid, repair folding top soft lines.

July 8, 2015 - Ferrari of Newport Beach - 19,886 Miles - Complimentary
Safety check. Topped off all fluids. Front and rear tires NEW (8mm depth). Not codes in system, all lights working. Front brakes: 10MM, Rear brakes 9MM. No open campaigns or recalls.

December 28, 2016 - Veloce Motorsports - 21,901 - $15,563.89
Perform 30k Service. Remove and disassemble engine to replace timing belts, Aux belts, timing belt tensioner bearings (supplied by Hill Engineering), replaced cooling system hoses, replaced engine gaskets, o-rings and washers. Replaced all fluids and filters, Flushed cooling system, changed transaxle oil, flushed brake and clutch systems, replaced fluids, replaced power steering fluid, replaced spark plugs, replaced intake elbow hoses. Replaced clutch disc and pressure plate - replaced all hardware and seals. Removed both axles, repacked and replaced axle boots. Painted front bumper and passenger rocker panels.

7/12/17 - Dugan Enterprises - 22,261 - $8,179.71
Complete an inspection and repair of all emissions related systems including replacement of an exhaust system check valve, emissions vacuum check valves, air pump check valve, front oxygen sensors, exhaust bypass valve diaphragm, exhaust bypass valve thermo coupler and thermo coupler ECU, replacement of air pump relay. Currently passes CA smog.

Total Spent: $45,527.75 (Since May 4, 2012)

Vehicle Details

  • 1998 Ferrari 355
  • Listing ID: CC-1043700
  • Price: $69,500
  • Location:Costa Mesa, California
  • Year:1998
  • Make:Ferrari
  • Model:355
  • Exterior Color:Giallo Modena
  • Interior Color:Black
  • Transmission:Manual
  • Odometer:22772
  • Stock Number:10411 PCH
  • VIN:ZFFXR48A4W0109676
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