The 1995 Ferrari F355, produced from 1994 to 1999, is a mid-engined V8 sports car celebrated for its Pininfarina styling and exhilarating driving experience. Available as a Berlinetta (coupe), GTS (targa top), and Spider (convertible), it offered a more accessible entry into Ferrari ownership. Its popularity stems from its sublime looks and the glorious sound of its high-revving V8 engine, making it a modern classic. Initial pricing ranged from around $100,000 to $130,000.
The Good
The 1995 Ferrari F355 excels with its breathtaking design, thrilling performance thanks to its V8, and an emotional connection forged by its sonic symphony. Practically, it offers surprising comfort for a supercar and a relatively usable trunk space, appealing to those seeking exotic flair with a touch of everyday usability.
The Bad
Key weaknesses of the 1995 Ferrari F355 include its notoriously expensive maintenance, particularly the major service intervals involving engine removal. Reliability can be a concern, with the F1 transmission being a point of contention for some. The clutch is also a wear item with a significant replacement cost.
1995 Ferrari F355: Quick Overview
The 1995 Ferrari F355 is a mechanical masterpiece with a focus on performance and driver engagement. Here's a breakdown of its key specifications:
Engine Options:
- 3.5L V8 (F129 C): This naturally aspirated, 5-valve per cylinder V8 is the heart of the F355.
Horsepower:
- Approximately 375 hp at 8,250 rpm.
- Torque: Around 267 lb-ft at 6,000 rpm.
Fuel Economy:
- EPA estimates are not readily available or indicative of real-world performance driving. Expect very low MPG figures, likely in the range of 10-15 MPG combined under normal driving.
0-60 Times:
- With the manual transmission: Approximately 4.7 seconds.
- With the F1 electro-hydraulic manual transmission: Around 4.5 seconds.
Towing Capacity:
- Not applicable. The F355 is a pure sports car and is not designed or equipped for towing.
Trim-Level Features:
The F355 was offered in three main body styles, each sharing core mechanicals but differing in roof configuration:
- F355 Berlinetta: The fixed-head coupe version, offering the most rigid chassis.
- F355 GTS: Features a removable targa roof panel, allowing for open-air driving while retaining some coupe-like structural integrity.
- F355 Spider: The full convertible variant with a manually operated soft top.
Common features across trims in 1995 included:
- Leather interior
- Power windows
- Air conditioning
- 17-inch alloy wheels
- Anti-lock braking system (ABS)
- Driver and passenger airbags
- Immobilizer
Optional features could include:
- The F1 electro-hydraulic manual transmission (introduced later in the F355's life cycle, but available for some 1995 models).
- Different wheel designs.
- Upgraded audio systems.
1995 Ferrari F355 Specifications
Vehicle Information
| Year | 1995 |
| Make | Ferrari |
| Model | F355 |
| Trim | - |
| Style | - |
| Type | Coupe |
| Category | Compact Car |
Manufacturing Details
| Made In | Italy |
| Manufacturing City | MARANELLO |
Dimensions
| Doors | 2-Door |
| Curb Weight | - |
| Gross Vehicle Weight Rating | - |
| Overall Height | 46.10 inches |
| Overall Length | 167.30 inches |
| Overall Width | 74.80 inches |
| Wheelbase Length | 96.50 inches |
| Standard Seating | 2 |
Engine & Performance
| Engine | 3.5L V8 |
| Engine Size | 3.5L |
| Engine Cylinders | 8 |
| Transmission | 6-Speed Manual |
| Transmission Type | Manual |
| Transmission Speeds | 6-Speed |
| Drivetrain | Rear-Wheel Drive |
Additional Features
| Anti-Brake System | 4-Wheel ABS |
| Steering Type | Rack & Pinion |
Pricing
| Manufacturer Suggested Retail Price (MSRP) | $122,750 |
| Invoice Price | - |
| Delivery Charges | - |
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What Problems Does the 1995 Ferrari F355 Have?
The 1995 Ferrari F355, while a desirable car, is not without its known issues and potential long-term reliability concerns. The most significant and frequently reported problem revolves around the F1 (Formula 1) electro-hydraulic manual transmission. Introduced in the F355, this system, while offering the novelty of paddle shifting, proved to be complex and prone to failure. Issues range from solenoid failures and hydraulic leaks to clutch actuator problems, often resulting in very expensive repairs. Early F1 systems were particularly problematic.
Another major concern for any F355 owner is the major service interval. Ferrari recommends a significant service every 5 years or 30,000 miles, which typically involves removing the engine to access and replace various components such as spark plugs, belts, and gaskets. This procedure is labor-intensive and costly, often running into tens of thousands of dollars. Neglecting these services can lead to catastrophic engine damage.
Clutch wear is also a common point of discussion. The clutch in an F355 is not a cheap item to replace, especially given the labor involved. Owners need to be mindful of driving style as it directly impacts clutch life.
Electrical gremlins can sometimes plague these cars, as is not uncommon with Italian exotics of this era. From malfunctioning dashboard lights to issues with power windows or central locking, electrical problems can be frustrating and require specialized diagnosis.
Cooling system issues, such as radiator leaks or fan failures, can also occur, especially in warmer climates or during spirited driving. Overheating can lead to more serious engine problems.
While there haven't been widespread recalls specific to the 1995 model year that are commonly cited, owners should always check with Ferrari or a reputable specialist for any outstanding service bulletins or safety campaigns. Long-term reliability is heavily dependent on meticulous maintenance, preventative repairs, and the use of qualified technicians who are experienced with these vehicles. Cars that have not been maintained to a high standard are significantly more likely to experience costly problems.
Another major concern for any F355 owner is the major service interval. Ferrari recommends a significant service every 5 years or 30,000 miles, which typically involves removing the engine to access and replace various components such as spark plugs, belts, and gaskets. This procedure is labor-intensive and costly, often running into tens of thousands of dollars. Neglecting these services can lead to catastrophic engine damage.
Clutch wear is also a common point of discussion. The clutch in an F355 is not a cheap item to replace, especially given the labor involved. Owners need to be mindful of driving style as it directly impacts clutch life.
Electrical gremlins can sometimes plague these cars, as is not uncommon with Italian exotics of this era. From malfunctioning dashboard lights to issues with power windows or central locking, electrical problems can be frustrating and require specialized diagnosis.
Cooling system issues, such as radiator leaks or fan failures, can also occur, especially in warmer climates or during spirited driving. Overheating can lead to more serious engine problems.
While there haven't been widespread recalls specific to the 1995 model year that are commonly cited, owners should always check with Ferrari or a reputable specialist for any outstanding service bulletins or safety campaigns. Long-term reliability is heavily dependent on meticulous maintenance, preventative repairs, and the use of qualified technicians who are experienced with these vehicles. Cars that have not been maintained to a high standard are significantly more likely to experience costly problems.
How long will the 1995 Ferrari F355 last?
Estimating average mileage for a 1995 Ferrari F355 is challenging as many are considered collector cars and are driven sparingly. Owners typically accumulate between 1,000 to 3,000 miles per year. However, some enthusiasts do drive them more regularly. A well-maintained F355 can provide years of exhilarating service, with the V8 engine itself being robust. The key to long-term durability lies entirely in adherence to the stringent and costly maintenance schedule. Components like the F1 transmission and certain rubber seals or bushings may require attention over time regardless of mileage. Weaknesses over time are primarily related to deferred maintenance and the inherent complexity of the F1 system, which can lead to significant repair bills as the car ages and components wear.
What Technology & Safety Features are Included?
The 1995 Ferrari F355, being a product of its time, offers a relatively minimalist approach to technology and driver aids, prioritizing the raw driving experience.
Built-in Tech and Entertainment:
The technology suite is basic by today's standards. Standard equipment typically included an AM/FM radio with a cassette player. Some models might have featured a CD player as an optional upgrade. The climate control system is manual, focusing on delivering cool air effectively. The instrument cluster features classic analog gauges for speed, RPM, oil pressure, water temperature, and fuel, providing essential driving information at a glance.
Driver-Assistance Features:
Driver-assistance features are virtually non-existent. The primary assistance is the Anti-lock Braking System (ABS), which helps prevent wheel lock-up during hard braking. There are no traction control systems, stability control, or electronic driver aids beyond ABS. The car relies heavily on the driver's skill and inputs.
Safety Features:
Safety features include driver and passenger airbags. The F355's chassis is engineered for structural rigidity, providing a protective cell for occupants. Seat belts are standard.
Optional Features:
The most significant optional feature, and one that defines a subset of F355s, is the F1 electro-hydraulic manual transmission. This system allows for gear changes via paddles mounted behind the steering wheel, offering a more rapid and engaging shifting experience compared to a traditional manual, albeit with its own set of potential maintenance concerns.
Crash-Test Ratings:
Formal crash-test ratings from agencies like the NHTSA or IIHS for the 1995 Ferrari F355 are not readily available. Ferrari, like many low-volume exotic manufacturers of the era, did not typically submit their vehicles for extensive public crash testing. The focus was on high-performance handling and braking to avoid accidents in the first place, rather than surviving them.
Built-in Tech and Entertainment:
The technology suite is basic by today's standards. Standard equipment typically included an AM/FM radio with a cassette player. Some models might have featured a CD player as an optional upgrade. The climate control system is manual, focusing on delivering cool air effectively. The instrument cluster features classic analog gauges for speed, RPM, oil pressure, water temperature, and fuel, providing essential driving information at a glance.
Driver-Assistance Features:
Driver-assistance features are virtually non-existent. The primary assistance is the Anti-lock Braking System (ABS), which helps prevent wheel lock-up during hard braking. There are no traction control systems, stability control, or electronic driver aids beyond ABS. The car relies heavily on the driver's skill and inputs.
Safety Features:
Safety features include driver and passenger airbags. The F355's chassis is engineered for structural rigidity, providing a protective cell for occupants. Seat belts are standard.
Optional Features:
The most significant optional feature, and one that defines a subset of F355s, is the F1 electro-hydraulic manual transmission. This system allows for gear changes via paddles mounted behind the steering wheel, offering a more rapid and engaging shifting experience compared to a traditional manual, albeit with its own set of potential maintenance concerns.
Crash-Test Ratings:
Formal crash-test ratings from agencies like the NHTSA or IIHS for the 1995 Ferrari F355 are not readily available. Ferrari, like many low-volume exotic manufacturers of the era, did not typically submit their vehicles for extensive public crash testing. The focus was on high-performance handling and braking to avoid accidents in the first place, rather than surviving them.
What Colors Options are Available?
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In the meantime, feel free to explore the other sections for more content.
1995 Ferrari F355 Prices and Market Value
When new, the 1995 Ferrari F355 had a price range from approximately $100,000 to $130,000, depending on the body style and optional features like the F1 transmission.
Currently, used market prices for a 1995 F355 vary significantly. Well-maintained examples in excellent condition can fetch anywhere from $80,000 to $150,000+. Models with lower mileage, desirable specifications (e.g., manual transmission, rarer colors), and comprehensive service histories command higher prices.
The F355 has experienced a depreciation curve typical of supercars, with initial steep drops followed by a leveling off and then appreciation, especially for pristine examples. Factors affecting resale value include mileage, condition, originality, maintenance records, transmission type (manual often preferred by purists), and overall desirability. The F355 is now considered a modern classic, and its value is likely to continue appreciating.
Currently, used market prices for a 1995 F355 vary significantly. Well-maintained examples in excellent condition can fetch anywhere from $80,000 to $150,000+. Models with lower mileage, desirable specifications (e.g., manual transmission, rarer colors), and comprehensive service histories command higher prices.
The F355 has experienced a depreciation curve typical of supercars, with initial steep drops followed by a leveling off and then appreciation, especially for pristine examples. Factors affecting resale value include mileage, condition, originality, maintenance records, transmission type (manual often preferred by purists), and overall desirability. The F355 is now considered a modern classic, and its value is likely to continue appreciating.
1995 Ferrari F355 Cost of Ownership
Owning a 1995 Ferrari F355 is undeniably costly. Insurance premiums will be high due to the vehicle's value and performance. Fuel costs are significant, with the V8 engine consuming premium fuel at a rate of roughly 10-15 MPG. Maintenance is a major expense; the major 5-year/30,000-mile service, which involves engine removal, can cost upwards of $10,000-$20,000+. Repairs, especially for the F1 transmission or specialized components, are exceptionally expensive. Parts can be difficult and costly to source. This is not an economical vehicle to own; it requires a substantial budget for upkeep and potential repairs.
1995 Ferrari F355 Fuel Efficiency
Fuel Type
Gasoline
Fuel Capacity
21.70 gallons
City Mileage
10 miles/gallon
Highway Mileage
15 miles/gallon
1995 Ferrari F355 Warranty
Basic
Original warranty
0 months / No data
Estimated remaining
Expired
Powertrain
Original warranty
0 months / No data
Estimated remaining
Expired
Rust
Original warranty
0 months / No data
Estimated remaining
Expired
1995 Ferrari F355 Insurance
Insurance for a 1995 Ferrari F355 is moderately priced, reflecting its status as a Coupe with strong safety ratings and
reasonable repair costs.
reasonable repair costs.
How Does the 1995 Ferrari F355 Compare to Other Coupe?
The 1995 Ferrari F355 competed in a highly competitive segment of exotic sports cars. Key rivals include the Porsche 911 (993 generation), Chevrolet Corvette C5, and the Lotus Esprit V8.
Performance: The F355's naturally aspirated V8 engine delivered intoxicating acceleration and a glorious exhaust note that often surpassed its rivals in emotional appeal. Its 0-60 times were competitive, though some later C5 Corvettes could match or slightly better it. The 911 offered a different kind of performance, with its rear-engine layout and AWD options (later models) providing immense grip. The Esprit V8 offered strong acceleration from its twin-turbo V8.
Features: The F355 was relatively spartan in terms of modern tech compared to the Corvette C5, which offered more creature comforts and a more refined interior for its price. The 911 offered a higher level of build quality and a more practical interior for daily use. The F355's standout feature was its exotic desirability and the visceral driving experience.
Reliability: This is where the F355 generally lagged behind its rivals. The Chevrolet Corvette C5 and Porsche 911 (993) are known for their superior reliability and lower maintenance costs. The F355's complex F1 transmission and demanding major service intervals made it significantly more prone to expensive issues. The Lotus Esprit V8, while exotic, also had its own share of potential reliability concerns.
Price: The F355 was typically priced higher than a comparable Corvette C5 and often in the same ballpark or slightly higher than a 993 Porsche 911, depending on specification. The Lotus Esprit V8 was also a premium-priced exotic.
Alternatives:
For those prioritizing raw emotion, timeless design, and the Ferrari badge, the F355 is a strong contender. However, for buyers seeking greater reliability and lower running costs, the 993 911 or C5 Corvette are more sensible choices.
Performance: The F355's naturally aspirated V8 engine delivered intoxicating acceleration and a glorious exhaust note that often surpassed its rivals in emotional appeal. Its 0-60 times were competitive, though some later C5 Corvettes could match or slightly better it. The 911 offered a different kind of performance, with its rear-engine layout and AWD options (later models) providing immense grip. The Esprit V8 offered strong acceleration from its twin-turbo V8.
Features: The F355 was relatively spartan in terms of modern tech compared to the Corvette C5, which offered more creature comforts and a more refined interior for its price. The 911 offered a higher level of build quality and a more practical interior for daily use. The F355's standout feature was its exotic desirability and the visceral driving experience.
Reliability: This is where the F355 generally lagged behind its rivals. The Chevrolet Corvette C5 and Porsche 911 (993) are known for their superior reliability and lower maintenance costs. The F355's complex F1 transmission and demanding major service intervals made it significantly more prone to expensive issues. The Lotus Esprit V8, while exotic, also had its own share of potential reliability concerns.
Price: The F355 was typically priced higher than a comparable Corvette C5 and often in the same ballpark or slightly higher than a 993 Porsche 911, depending on specification. The Lotus Esprit V8 was also a premium-priced exotic.
Alternatives:
- Porsche 911 (993 generation): Offers similar performance, a more reliable package, and a more practical daily driver experience, often at a comparable or slightly lower price point, with significantly lower running costs.
- Chevrolet Corvette C5: Provides comparable or superior performance in some metrics, much better reliability, and vastly lower ownership costs, though it lacks the same level of exotic allure.
- Lotus Esprit V8: A similarly exotic choice with a potent V8, offering a distinct driving experience, but often with its own set of reliability quirks and a less refined interior than the Ferrari.
For those prioritizing raw emotion, timeless design, and the Ferrari badge, the F355 is a strong contender. However, for buyers seeking greater reliability and lower running costs, the 993 911 or C5 Corvette are more sensible choices.
Final Verdict: Is the 1995 Ferrari F355 a Good Coupe?
The 1995 Ferrari F355 is ideal for the passionate automotive enthusiast with a significant discretionary budget for ownership. It's for someone who prioritizes the emotional experience of driving an iconic Italian supercar, cherishes its breathtaking design, and craves the unique V8 soundtrack, over absolute daily reliability and low running costs.
Whether it's worth buying hinges entirely on the buyer's financial preparedness for its substantial maintenance and potential repair bills. It's crucial to buy a used F355 with a meticulously documented service history, ideally from a reputable specialist. Manual transmission models are often preferred for their purer driving engagement and potentially simpler long-term maintenance than the F1 system. It's a car for a collector or a weekend toy, not a daily driver. For the right owner, with the right financial backing and maintenance plan, the F355 offers an unparalleled, albeit expensive, slice of automotive passion.
Whether it's worth buying hinges entirely on the buyer's financial preparedness for its substantial maintenance and potential repair bills. It's crucial to buy a used F355 with a meticulously documented service history, ideally from a reputable specialist. Manual transmission models are often preferred for their purer driving engagement and potentially simpler long-term maintenance than the F1 system. It's a car for a collector or a weekend toy, not a daily driver. For the right owner, with the right financial backing and maintenance plan, the F355 offers an unparalleled, albeit expensive, slice of automotive passion.
Eugene S
Eugene is an automotive enthusiast with over 15 years of experience in the used car market. As a writer at VINCheck.info, he brings deep industry insight and a passion for cars, helping readers make smart, informed decisions. Eugene has written hundreds of used car reviews and is known for breaking down complex automotive topics into clear, actionable advice. Over the years, he has driven and worked on a wide range of vehicles—starting with tuning street cars in his early days and eventually focusing on performance upgrades and reliability improvements. Today, he specializes in evaluating used vehicles through the lens of real-world ownership and enthusiast needs. A longtime fan of Porsche, Eugene especially appreciates vehicles that blend durability with driving enjoyment.