Ferrari 360 Looking to buy in 5-6 months

[kdy2001uk]

Hi,

I currently have a TVR T350. It's now up for sale. However I have been monitoring the 360 prices lately and would like to know how much they will depreciate roughly over the next 5-6 months. I'm looking for an early 360, 2000 reg.

I'm tempted to hold fire on buying one and wait until after the summer.

Please advise.

[jonny5]

prices will strengthen if anything

[tony h]

asking prices rise in summer, selling prices rarely do

[JustinP1]

tony h said:

asking prices rise in summer, selling prices rarely do

Ting...

If anything, more people will decide to get rid at the start of the summer. Either to get their cash back or because they have a new car ready for spring. If there are more cars than buyers, then only those with a serious *selling price* will sell. The rest will be on Autotrader all through the summer...

[Higgins23]

Historically as the weather warms up so do the buyers. Now, or after October, is normally a good time to get into the market, especially if you are looking for a 360 Spider. Depreciation this year will be heavily influenced by what happens with the economy so it is difficult to project. In general while prices have remained fairly firm so far, serious buyers are becoming fewer and more selective. Some of this is due to tightening of the credit markets which means fewer potential buyers are able to finace purchases.

If you are looking for more info on the 360, there is a good Buyers Guide which you can download from FerrariLife.com