I have decided that I would like to purchase a 360 and am actively looking for one. As far as specification goes I am after a 360 Modena in Red with a manual gearbox (ideally with 40k or less miles. My budget is up to £65k. Do you think this is an appropriate budget or am I most likely going to have to look for an F1? I look forward to hearing your thoughts.
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Is my budget realistic for a 360?
- Thread starter joeac
- Start date
I think it’s probably realistic these days for a 360. Obviously you want a manual (which holds a premium) red (which holds a premium) car but going into the winter is the time to look as prices tend to deflate fractionally compared to the spring and summer. Best of luck with the search :thumbsup:
Kyodo
Active member
I think prices for 360s have softened over this last couple of years and you should be able to find a nice car for your budget. Don't get caught up on manual vs F1 though. Concentrate on condition and history as that trumps the gear selection choice by a considerable margin.
There was (is?) a member here selling a manual red Modena a little while back. I assume he still has it and was looking for £60-£65k. Scan downwards through the for sale section of the forum and you'll find it, along with my beautiful red F1 Modena that sold earlier this year
There was (is?) a member here selling a manual red Modena a little while back. I assume he still has it and was looking for £60-£65k. Scan downwards through the for sale section of the forum and you'll find it, along with my beautiful red F1 Modena that sold earlier this year
cgt
Active member
While prices of other models have bounced up and down wildly over the years, 360's have stayed very constant.
In 2003 I bought a 1999 car for £80k
In 2007 I bought one for £58k
I nearly bought one in 2014 for £55k (bought a 430 for £62k as there was only a slight premium).
Still similar today. All the above were manuals but if buying today I would probably buy F1 and have CS gearbox software.
Still not an investment of course as you will spend a fair bit on maintenance.
In 2003 I bought a 1999 car for £80k
In 2007 I bought one for £58k
I nearly bought one in 2014 for £55k (bought a 430 for £62k as there was only a slight premium).
Still similar today. All the above were manuals but if buying today I would probably buy F1 and have CS gearbox software.
Still not an investment of course as you will spend a fair bit on maintenance.
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Thank you very much that is very useful to know, hopefully more come on the market as the market goes quieter in the winter.
I think prices for 360s have softened over this last couple of years and you should be able to find a nice car for your budget. Don't get caught up on manual vs F1 though. Concentrate on condition and history as that trumps the gear selection choice by a considerable margin.
There was (is?) a member here selling a manual red Modena a little while back. I assume he still has it and was looking for £60-£65k. Scan downwards through the for sale section of the forum and you'll find it, along with my beautiful red F1 Modena that sold earlier this year
Thank you, I have been thinking about this further and think the F1 gearbox may be worth a go and if the right one comes for sale it sure is one that I will consider. Shame I missed out on yours looked like a really good one and local to me! Are you planning to purchase another Ferrari?
That's interesting to see I hadn't realised the market for the 360 was this consistent. Will see how things pan out in the coming months. I am actively looking at the moment still. This will sure be a dream for me to fulfill.
Kyodo
Active member
Hi, yes, we bought a California. This fell into your budget too (just) and it's a very nice car. I felt the 360 was a little wasted here in the congestion of the south east and the Cali is a bit more suitable for our usage. I adored our Modena though, so pretty
bingbongbing
New member
I think it is, there's been some 30k mile ones in ferrari dealers for £65k with warranty etc.
That's a lot of car for the money imo. Always liked the California, ticks so many boxes.
Hi, yes, we bought a California. This fell into your budget too (just) and it's a very nice car. I felt the 360 was a little wasted here in the congestion of the south east and the Cali is a bit more suitable for our usage. I adored our Modena though, so pretty
Congratulations on the new acquisition
I had contacted Malc as his one certainly would've fitted the bill however he has decided to keep hold of his 360 which I completely understand. That would be idea if something such as this were to pop up!
bingbongbing
New member
Not that long, I missed it by a day I was told. Did look like a nice one. Only 6 months warranty. shame they don't offer 1 or 2 years like you get with Porsche.
Should be fine - you could get a manual Spider for that and they are always worth more than the Modena
Thanks Malc, was really nice to talk to a current owner. Hope you're enjoying your 360 still
I have resumed my search once again and fingers crossed something comes up.Thanks, I certainly hope that's the case, I am sure something will come up sooner or later just have to wait for the right car to come along
MalcH
Active member
Thanks Malc, was really nice to talk to a current owner. Hope you're enjoying your 360 still
Thanks, I certainly hope that's the case, I am sure something will come up sooner or later just have to wait for the right car to come along
I am thanks. Just looking at renewing insurance for the year.