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1998 Ferrari 355 F1 GTS Targa
Appraisal conducted on December 30, 2019 available upon request.
Summation of Value
1998 Ferrari 355 F1 GTS 12/30/19
Vin # ZFFXR42A3W0112674
Our conclusion to dollar value is based on three or more of the following:
- The overall cosmetic and mechanical condition of the inspected vehicle.
- The demand and supply of comparable vehicles.
- Dollar amounts indicated by the value guides.
- Opinions of dealers who have handled the model in the past and would market the vehicle currently.
- The expertise of the appraiser.
- Auction results listing actual sold cars or highest dollar bid against owners reserve.
The appraised vehicle, appraised as noted, is a nice low mileage Ferrari 355 F1 GTS. It is a rare car, 1 of 529 built for worldwide distribution, but is in need of its 30k mile service. This one has the rear Challenge Grill. It is also in need of an extensive detail as it has been used as an occasional driver.
Based upon the on-site inspection of this vehicle and with consideration for all the information and dollar amounts determined as relevant to this report, the appraiser has determined a stated market replacement value of:
Current Market Value : $50,000.00
The current market value is the opinion of the appraiser of Classic Auto Appraisal Service and was arrived at after careful study of information we consider reliable. However we assume no responsibility for errors and/or omissions.