Do you think me and my friends have a screw loose?

the F355 which is much loved and praised is basically a revised and rebodied 348 which gets no praise and isnt sought after, very under rated car imo.

id get a solicitor to draw up a contract so everyone knows where they stand with he car and running costs and repairs.

Best to write up an agreement for the four of you to sign covering most eventualities


EDIT: Jabber beat me to it

You can get that for 24k?!!!!!!
Ruddy hell...................just put 20K on a deposit for a house.......errrm do you reckon i could live in it? Or live next to it in a box.....and not get the house...........................

Thats a lot of motor for 24 K....

Originally Posted by BigFoot

EDIT: Jabber beat me to it

Hello? Can anybody hear me?

But I can only see arguments and tears.

Originally Posted by bazza

Hello? Can anybody hear me?

I can hear you!!

Originally Posted by Seabadger

One thing I do remember about the 348, by the way, is that when it was released it was praised to the heavens for almost everything, but when the F355 (or possibly the 360) came out, the 348 was retrospectively branded as an evil-handling spinning top

True, when the F355 came out people rounded on the 348 for its evil handling - the 355 was perfect. Then when the 360 came out, it was a blessed relief from the 355 which had practically no usable torque - the 360 was perfect. Then when the 430 came out, it was a revelation because it didn't have the 360's terrifying nervousness at the limit - no question, the 430 is perfect.

I can't wait for the next small Ferrari, so the journos can tell us what fatal flaws there are with the 430.



I'm sure you've done your research Graham, and a late 348TB (or ideally a GTB) is one of the cars that I've often thought about, and to be honest I still haven't dismissed it.

As long as you all go into it with your eyes open, you get a tight but workable agreement over use / abuse / maintenance / repairs, and - most importantly - as long as you're each prepared to write off your money if it comes to the worst (i.e. as long as your friendships are worth more than £6k) then go for it!

GTLeigh & I have a significantly smaller amount invested in a 916 GTV

It's no probs at all along as there's trust & understanding. Heck, I'd do it

Originally Posted by bazza

Great idea - but make sure that everything is fully written up as a contract.
Everyone thinks you don't need to do such things with good friends, but in a way it's even more important - it means everyone knows for sure where they stand, so it doesn't get in the way of the friendship.

Think about every eventuality.

Who pays for maintenance?
Who pays for repairs?
What if one of you prangs it?
What if one of you dies (who gets their share)?
Who fills it up and when?
Who washes it?

what bazza has said is key; otherwise the car ownership/responsibility/financial implications will upset the equilibrium of the friendship.

g

For that amount of cash you could all join one of those members clubs (such as Parc Ferme or the Classic Car Club) many of which have a great collection of classic Ferraris.

You could easily afford to go to one of the top levels of membership for a few years which I am sure would provide you with more days use as a car share with 4 mates. Plus you don't have to worry about the things that would give you sleepless nights if you owned it, such as insurance, maintenance etc etc.

I had a fantastic 3 years membership of Parc Ferme, which has a great collection of a late 328 GTS, Testarossa and a 246 Dino. Dare I say all classic Ferraris, rather than the slightly compromised 348?

Plus you also get to choose from a stable of other motors, such as E type, Bentley Turbo, Healey 3000, Alfa Spider etc etc.

I'm sure I would have spend double the membership just in insurance maintenance and repairs if I'd have gone down the route of getting a Ferrari 308, which was an option at the time.

I'm sure there are similar clubs in Glasgow or Edinburgh

Nice idea, but I'm fairly certain there'll be tears before bedtime.

TBH, I'd not go for it.

I co-own a car with two friends. Admittedly its not a Ferrari but a Dolomite Sprint. We are into Year 2 and have a meal out each month to keep in touch. We share chores/bills etc and I am the registered owner.

Providing you will all treat the car the same way it works brilliantly and we are proposing to buy an XJS as well next.

Can't get them to agree to a full length webasto in the Dolly though however hard I try!