Will buying a cheap 360 be the ruin of someone
Discussion
Right,
I've been here before but my mate is determined to buy a 360 & has got the details of a few to look at. They look, in the ads at least, very nice cars & seeing as I'm his only car enthusiast mate I'm getting dragged along to help check them out.
Only problem being I haven't the first clue about ferrari's or what the tell tale signs are on these cheaper end of the Market cars. I've suggested an inspection would be prudent but he doesn't want to bother until he's fond one he likes so we're away next week, blindly looking at very expensive cars-what fun!
Search button isn't working but the hell am I supposed to look out for on these things?? Crash damage, overspray cracked discs etc etc I can see but anything else.
By the way the cars are all sub 40 grand & private sales-is he nuts? Am I nuts going along with it?!
I know ferrari's are just cars plain & simple but they do appear to be cars with hugely expensive parts & service bills & as he's a good lad I don't want to see him bankrupt!
Search button not working so if there's a buyers guide feel free to link it up.
Cheers
I've been here before but my mate is determined to buy a 360 & has got the details of a few to look at. They look, in the ads at least, very nice cars & seeing as I'm his only car enthusiast mate I'm getting dragged along to help check them out.
Only problem being I haven't the first clue about ferrari's or what the tell tale signs are on these cheaper end of the Market cars. I've suggested an inspection would be prudent but he doesn't want to bother until he's fond one he likes so we're away next week, blindly looking at very expensive cars-what fun!
Search button isn't working but the hell am I supposed to look out for on these things?? Crash damage, overspray cracked discs etc etc I can see but anything else.
By the way the cars are all sub 40 grand & private sales-is he nuts? Am I nuts going along with it?!
I know ferrari's are just cars plain & simple but they do appear to be cars with hugely expensive parts & service bills & as he's a good lad I don't want to see him bankrupt!
Search button not working so if there's a buyers guide feel free to link it up.
Cheers
..." so young Skywalker i find you on the dark side "
lol.. my mate Craig (blue 964T) bought this today..... goes sweet!!
http://www.pistonheads.com/sales/2720716.htm
soon loon
ade
No such thing as a cheap 360. You pay up front or you pay later with unforeseen maintenance and reairs...or both!! A PPI is critical and even then you can get bitten through nobody's fault.
If your friend can't afford to pay the going rate for a good example then he sure won't be able to afford the ongoing maintenance costs.
Neil
If your friend can't afford to pay the going rate for a good example then he sure won't be able to afford the ongoing maintenance costs.
Neil
Go for something with higher mileage and receipts.
The only real issue with 360's seems to be ball joints, but they are a cheap and easy fix (relatively).
Buying a Ferrari is the same as buying any other used car, except that bits can be ore expensive. Engines and gearboxes are reliable. Cambelts aren't too bad on them (every 3 years, but not too hard to access.).
Check the wear on the clutch (as best you can by pedal feel) as they are a bit more of a bugger to get to.
Otherwise, usual things like tyre wear etc...
There's no reason that a bottom end or high mileage car should be a bad car whatsoever. Honestly.
The only real issue with 360's seems to be ball joints, but they are a cheap and easy fix (relatively).
Buying a Ferrari is the same as buying any other used car, except that bits can be ore expensive. Engines and gearboxes are reliable. Cambelts aren't too bad on them (every 3 years, but not too hard to access.).
Check the wear on the clutch (as best you can by pedal feel) as they are a bit more of a bugger to get to.
Otherwise, usual things like tyre wear etc...
There's no reason that a bottom end or high mileage car should be a bad car whatsoever. Honestly.
Nice one ade-I'd seen that one in the classifieds & thought it looked nice, I'm away to view soneones track car next weekend on my way to the ring but I'll keep you guessing on that one 
any road, back on topic!
So I've viewed a couple on here that he likes the look of but I really just can't get round the values?
Private sale my2000-2001 cars with 40-55k on the clock seem to be mid 30k
the same cars at dealers with less miles admitedly seem to be 10-15k more expensive, just the mark up or are they really so mileage sensative?
He's not apparently bothered by high mileage but a 360 with 60k on the clock is gonna be pretty hard to sell no?
As for the ball joints problem what are we listening/looking for? Clonks? Play on wheel hubs?
any road, back on topic!
So I've viewed a couple on here that he likes the look of but I really just can't get round the values?
Private sale my2000-2001 cars with 40-55k on the clock seem to be mid 30k
the same cars at dealers with less miles admitedly seem to be 10-15k more expensive, just the mark up or are they really so mileage sensative?
He's not apparently bothered by high mileage but a 360 with 60k on the clock is gonna be pretty hard to sell no?
As for the ball joints problem what are we listening/looking for? Clonks? Play on wheel hubs?
Don't buy a Ferrari if you can't afford ball joints: this is the cheapest thing that can happen to the car, and on the 360 is almost considered as a routine service item (I know I had them done on my 360 last year and it's cheap - sold the 360 if you ask).
I believe £45k is the right budget for a 360...but you can always buy a good one for £40k, depends on how keen/urgent the seller is.
As for any sports car, buy only on condition and do budget £2-4k spare for any event that might occur.
Note: in my case I bought a close to £50k 360 last summer, ran it 4months 10kmiles and it only cost me 2services (incl ball joints). The car was perfect, performed super well, good memories. The only money I threw at it was to get CS wheels which really improve the look IMO. Sold the car for what I bought it for
Note bis: sold the 360 only because I felt it wouldn't be up to the "tracking" job...done more than 3000miles track alone this summer with the 7.1RS - I don't think the 360 would have been capable. Also I never see any 360 or other ferrari from that era on track...says something
I believe £45k is the right budget for a 360...but you can always buy a good one for £40k, depends on how keen/urgent the seller is.
As for any sports car, buy only on condition and do budget £2-4k spare for any event that might occur.
Note: in my case I bought a close to £50k 360 last summer, ran it 4months 10kmiles and it only cost me 2services (incl ball joints). The car was perfect, performed super well, good memories. The only money I threw at it was to get CS wheels which really improve the look IMO. Sold the car for what I bought it for
Note bis: sold the 360 only because I felt it wouldn't be up to the "tracking" job...done more than 3000miles track alone this summer with the 7.1RS - I don't think the 360 would have been capable. Also I never see any 360 or other ferrari from that era on track...says something
Edited by 911Thrasher on Sunday 10th July 17:06
Voicey cheers for the info-gonna pop to work & print it off later for a good read through.
One of the ads mentions the ball joints being replaced but I'll make sure we take the low level jack & have a good look about.
Just out of interest does anyone have a very rough cost of servicing prices? I noticed one car needs one but what are the options?
Annual oil & filter
24 big check
3 year belts service
??? Something like that^^
what about plugs, clutch service? Any other consumables to think about that may be a bargaining tool if they haven't recently been done?
One of the ads mentions the ball joints being replaced but I'll make sure we take the low level jack & have a good look about.
Just out of interest does anyone have a very rough cost of servicing prices? I noticed one car needs one but what are the options?
Annual oil & filter
24 big check
3 year belts service
??? Something like that^^
what about plugs, clutch service? Any other consumables to think about that may be a bargaining tool if they haven't recently been done?
ok here's the first one:
http://www.pistonheads.com/sales/2961728.htm
viewed tonight, bit of a strange one. present owner has only had it since april, selling to make an investment.
so, had some paint on the front end but panels look orig, scrape/scuff on nearside front bumper, scratch on nearside rear quarter, rear challenge grill looks a bit tired (can it be sprayed up?), front boot takes a bit of faffing to shut & lock.
inside the drivers side bolster is worn through, interior door aluminium panels have a few marks, same on kick plates & alu wheel arch guard, window switches are worn through, latch that covers the boot release switch seems broken (should be spring loaded perhaps?), leather on fire extinguisher pretty scuffed up.
drives (i only passengered) apparently really nicely, the car felt quite tight & well settled-only problem being a clunk from the rear on coming to a halt though the vendor has a rear ball joint to be fitted (the fronts were done in april). a cam cover is damp as well, not weeping but it's there.
so the car is pretty tatty around the edges but nothing that can't be fixed, & let's not forget the price. the paint won't take too much to sort out, the leather bolster perhaps not quite as easy.
full service history but no invoices to prove what's been done.
previous owner a Marshall Abram of north west england, orig reg W641 YBM
anyone know the car?
http://www.pistonheads.com/sales/2961728.htm
viewed tonight, bit of a strange one. present owner has only had it since april, selling to make an investment.
so, had some paint on the front end but panels look orig, scrape/scuff on nearside front bumper, scratch on nearside rear quarter, rear challenge grill looks a bit tired (can it be sprayed up?), front boot takes a bit of faffing to shut & lock.
inside the drivers side bolster is worn through, interior door aluminium panels have a few marks, same on kick plates & alu wheel arch guard, window switches are worn through, latch that covers the boot release switch seems broken (should be spring loaded perhaps?), leather on fire extinguisher pretty scuffed up.
drives (i only passengered) apparently really nicely, the car felt quite tight & well settled-only problem being a clunk from the rear on coming to a halt though the vendor has a rear ball joint to be fitted (the fronts were done in april). a cam cover is damp as well, not weeping but it's there.
so the car is pretty tatty around the edges but nothing that can't be fixed, & let's not forget the price. the paint won't take too much to sort out, the leather bolster perhaps not quite as easy.
full service history but no invoices to prove what's been done.
previous owner a Marshall Abram of north west england, orig reg W641 YBM
anyone know the car?
Gassing Station | Supercar General | Top of Page | What's New | My Stuff