Tony’s Take: 
The Ferrari 355’s and 360’s convertible roofs are an unmitigated electro-mechanical disaster. If it ain’t broke, it will be. Which makes the targa-like 355 GTS the only open air F355 worth having. And it is worth having. Winding-out the 355’s flat plane crank engine to 8500 rpm, hearing it scream like a F1 car with its hair on fire – is a life-changing experience. A F355 GTS is the rarest of the [not-so-rare] breed. Now how much would you pay?
Back in April, a black 4k-mile ’99 355 GTS with the execrable F1 gearbox sold for $155k. This red/tan F1 355 has 42k more on the clock. I’m hitting it with a .90 a mile penalty (-$37,800), then adding a $5k premium for red/tan and $5k for inflation. And there you have it (prediction below). An excellent non-garage queen, thrill-a-minute Maranello machine. Downside: Not the manual. Regular engine-out belt service and irregular but frequent repair issues.
| Make | Ferrari |
| Model | 355 GTS |
| Year | 1999 |
| Vin Number | ZFFXR42A1X0115655 |
| Total Produced | 2,577 GTS 2,048 manual, 529 F1 |
| Number of Owners | 4 on Autocheck |
| Mileage | 46k |
| Condition | ★ ★ ★ |
| Price When New | $147,615 avg Inflation Calculator |
| Highest Previous Price | $151,000 (Apr 12, 2022) |
| Auction House | Bring A Trailer |
| Auction Date | 08/31/2022 |
| My Prediction | $123k -$133k |
| Hammered At | $127,000 |
