How much is a 1998 Ferrari worth?
The value of a 1998 Ferrari F355 GTS can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $160,000 for a 1998 Ferrari F355 GTS in good condition with average spec. This particular GTO broke all records set by any Ferrari in the past selling for $70 Million to Ferrari collector and founder of WeatherTech, David McNeil in 2018. This 1963 GTO was raced by its previous owner winning the 1964 Tour de France and coming 4 th in the 24 hours of Le Mans.Ferrari 335 S Spider Scaglietti (1957) With only four ever made, it is one of the rarest and most valuable Ferraris in existence, along with positioned as the second Ferrari most expensive car price.Some models are already selling for more than that, though. A 1995 Ferrari F355 Spider hit $240,800 in March 2025, and a 1997 Spider sold for $337,750 in August 2025. Another example – a 1999 model – sold for $90,500 in June 2025 on SBX Cars.The current record for world’s most expensive Ferrari was set in June 2018 when a 1963 250 GTO (chassis 4153GT) was sold to David MacNeil in a private sale for $70 million.
What are common problems with the F355?
Also, the exhaust manifolds are known to warp and crack—replacing them costs up to $4000. Actuators at the top of each of the F355’s shock absorbers that regulate damping force occasionally fail. Replacement is cheap as far as Ferrari fixes go, about $1000 each. Actuators at the top of each of the F355’s shock absorbers that regulate damping force occasionally fail. Replacement is cheap as far as Ferrari fixes go, about $1000 each. Rears last 7000 miles or so, the fronts roughly 15,000, usually at around $700 per tire.
What is the difference between F355 and 355?
You may have seen this model of Ferrari referenced as the ‘F355’, but this is only used for those cars with the full ‘three pedal’ manual transmission. Variants equipped with the paddle-shift gearbox are known as the ‘355 F1’. Both gearbox setups were available in the Berlinetta, GTS, and Spider body styles. More than a 1990s supercar, the F355 marked Ferrari’s return to form. It combines precision engineering with pure engagement, reminding drivers that performance is most rewarding when skill, not software, sets the limit.As such, the F355 has gained an enviable reputation for reliability. Watch out for bottom-book left hand drive versions which may not have been treated to the prescribed level of main dealer tender loving care.