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Thread: prospective 360 owner

  1. #11
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    It's always a point for discussion isn't it - Main Dealer vs Independent. I think there are good main dealers and not so good, and good indies and some not so good. There's also now a plethora of 'Ferrari Specialists' who also 'specialise' in almost every other high performance car you can think of......... ie they are Ferrari specialist in name (and paperwork) only.

    FWIW some of the best most meticulously maintained cars I've seen were maintained at neither Main Dealer nor Indie, they were maintained at home.
    Last edited by Nosevi; 14-09-2021 at 08:12 PM.

  2. #12
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    Kyodo is offline Frankenstein's monster - The Ferrari F430 Club Member
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    Quote Originally Posted by jos View Post
    There are very few of these cars still in the network and perhaps I'm misunderstanding but what's the logic if you're also suggesting independent service from now on ? Surely there's no significant downside to a car that has a sensible history from a sensible independent ?
    I'd choose AV or similar quality independent over a main dealer for a 360 any day of the week

    Quote Originally Posted by Mark Blanchard View Post
    And servicing will cost £1000-£2000 per year at an Independent...
    The servicing is less than that Mark but they'll often be a bit of extra work so as a figure for annual expense I'd say this is similar to my experience. Some years more, some years less.

  3. #13
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    Quote Originally Posted by Kyodo View Post
    I'd choose AV or similar quality independent over a main dealer for a 360 any day of the week


    The servicing is less than that Mark but they'll often be a bit of extra work so as a figure for annual expense I'd say this is similar to my experience. Some years more, some years less.
    I know, £650 from QV for a basic service, but I rounded it up to £1000 but there's usually other stuff.

  4. #14
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    tom is offline You thought the Enzo was ugly? - The Ferrari FXX Club Member
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    Quote Originally Posted by bingbongbing View Post
    Thank you for the reply.

    So a spider, 2001ish, manual 35k, what's the going rate? Same for a coupe?

    I do like the bucket seats.
    I have no personal connection to this car, nor have I even seen it in the flesh, but it's a friend's neighbour who is selling it. From the advert and what my friend has told me about it, it sounds like it would be worth a look if you're after a Spider.

    https://www.pistonheads.com/buy/listing/11519445

  5. #15
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    IMHO 360's are now your realistic entry level Ferrari.
    I tried to sell mine earlier this year without any real success. It appears mine is POS according to people that came to view it When I last looked there did seem to be a great many on the market.
    Mine has just over 40k, manual, OEM metal wing logos, leather covered roll bar, OEM fire extinguisher, carbon fibre sports seats and Challenge grills all round. The most I was realistically offered was £50k. P/X would have been about £43k.

    Personally I think mine looks well (I would) but it really is not concourse. The main thing that mine was pulled up on was a few tiny finger sized dents that I never noticed (which I will have removed next year when it goes in for a belt service) and window trim on the driver's side had peeled a little, which I have repainted. Oh and one other issue which I will mention next

    If any of the above is true I would not be paying £65k unless it had low mileage (< 25k). 40k I was told was too high of a mileage so I should not expect much for it. Aldous Voice from AV Engineering and Tim Walker @ Walkersport are two very reliable sources of information and they won't bull**** you. You may even source a car from either of them.

    I've decide to keep my worthless POS

  6. #16
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    I should add that I think now is the time to buy. It seems perhaps COVID affected the lower end of the Ferrari market. It's not just successful business owners and such that buy these cars. I'm just a systems admin in a large semi-conductor company. As such I think folk at my level are perhaps more affected by the pandemic. My view as to why an otherwise healthy secondhand car market does not seem to apply to cheaper Ferraris.
    I was also told that California's are keeping 360 prices cheap which may well be true but that is pretty much like a 360 in that it is now a cheap Ferrari and probably cheaper to maintain (I actually think 360's are relatively cheap to maintain especially compared to F355 I had previously).

    My view is that 360's will slowly rise again over the next few years. Not dramatically but still upwards. I purchased mine in 2015 for what I worked (I p/x that F355 for it) out to be £63k. One chap did offer £55k but his client wasted my time (used it for a test drive) so from £63k down to £55k (In my view what my car is worth today) in six years is not bad. I was offered £73k in 2016 though for the car

    Anyway I think this winter (now) coming is the time to buy.

    When I bought my F355 in 2010 I did fancy a 360. My F355 was £32k (needed plenty of work) and the nearest 360 was £40k. So from 2009 financial crash they did rise.
    Last edited by MalcH; 29-09-2021 at 08:16 AM.

  7. #17
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    Mike01606 is offline Kid's bed - The Ferrari F50 Club Member
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    I sold my 2000 Silver 360 F1 with ~50k miles for £43k 12 months ago.
    I advertised it at 0900 and had a deposit on it at 1100. Maybe too cheap? But it was what I’d paid for it in 2012 with sub-30k miles and I wanted it to sell.
    It was a very nice, straight, honest car but the ‘wrong’ colour and ‘wrong’ gearbox and had starship miles according to many…

    Running costs are going up as they are 20 years old. TBH the suspension drove me nuts.

    Decide if you want to use it or not lose much on it… that would define the car you should consider.

    If you see one for sale in the NW, I’ll happily have a pre-look for you. I accumulated quite a bit of knowledge over my ownership and know many of the pitfalls.

    Good luck with the search….

    Economy wise….. I think we may be in for a shock and it’s just starting now.
    360’s were in the 30’s in 2009/10 and they were relatively new cars then.
    I’ve seen two collapses in classic prices in my lifetime so I don’t subscribe to the view it’s all one way.

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