What to do 360 or California

[Taaaaang]

The talk of 20/30k 360s is just pure wishful thinking (for whatever reason, positive or negative).

[Roof down]

Wow thankyou, says a lot, I still think I’ll bide my time a little though, I reckon more to come and substantial too. Mike

[Calculator]

Taaaaang said:

The talk of 20/30k 360s is just pure wishful thinking (for whatever reason, positive or negative).

What makes you say this? Previous models have hit this level consistently and I’m not sure anything has changed (other than some inflation adjustment)?

[BlackR8]

Calculator said:

Taaaaang said:

The talk of 20/30k 360s is just pure wishful thinking (for whatever reason, positive or negative).

What makes you say this? Previous models have hit this level consistently and I’m not sure anything has changed (other than some inflation adjustment)?

The 360 was a base price £100k car new and the equivalent of today base for a 488 which is around £200k. Appreciate inflation is a factor, but long term I think as the cost of entry into a Ferrari keeps climbing that IMO will go some way to keep the residuals of the older cars i.e. 360 at a reasonable level. Yes they will drop but I personally can't see it at £20k again.

[Calculator]

The uplift in V8 Ferrari pricing is only marginally ahead of inflation, so expect the price of used models to reach previous inflation adjusted levels over the coming years.

As you say, a 360 perhaps won’t be £20k but the will be £30-40k.

[Roof down]

How ridiculous a good correct colour manual 360 with the correct provenance is never going to be under 60k ; why would it be.

[HardtopManual]

Calculator said:

The uplift in V8 Ferrari pricing is only marginally ahead of inflation, so expect the price of used models to reach previous inflation adjusted levels over the coming years.

As you say, a 360 perhaps won’t be £20k but the will be £30-40k.

£30k is what the original owners of our dull diesel Golf estate paid back in 2010. No way is a 360 ever going to be back at new 2010 Golf diesel estate pricing, ever.

And I don't even particularly like 360s.

[Roof down]

Well as I started this thread I have to say that I’ve come to my senses.
I’m keeping my 360 and to be fair the reasons for considering the Cali still carry weight but not enough.
The 360 is like the 355 and many earlier Ferrari’s a drivers car and I would soon be bored by the cosseted feel of a Cali. I might consider a 458 spider but I don’t have the money.

[MrC986]

Roof down said:

Well as I started this thread I have to say that I’ve come to my senses.
I’m keeping my 360 and to be fair the reasons for considering the Cali still carry weight but not enough.
The 360 is like the 355 and many earlier Ferrari’s a drivers car and I would soon be bored by the cosseted feel of a Cali. I might consider a 458 spider but I don’t have the money.

I have a PH friend who bought a Cali back in about 2011 on the basis he needed a 2+2 as he had kids. The Cali is a nice car, though it's not truly "special" IMO and given he could have bought a 430 16M at the time for the nearly same £s he admits in retrospect he should have not bought the Cali. OP, I think you've come to the right decision & I don't think we'll hopefully see good 360 Spiders drop below mid £50ks unless things were truly crap for the economy, they'll hold good £s. I remember a friend with a really nice 13k mile 54 plate 360 Spider that he sold for £50k back in 2011 - he's another that regrets it, though family needs meant he wouldn't tie his £s up in it. Enjoy the 360!

[mike01606]

MrC986 said:

I remember a friend with a really nice 13k mile 54 plate 360 Spider that he sold for £50k back in 2011 - he's another that regrets it, though family needs meant he wouldn't tie his £s up in it. Enjoy the 360!

And if he’d held onto it for another 7/8 years, used it minimally and kept the history clean, ....along with insurance etc he’d have spent another £15 to £20k on it so he should console himself with the fact that he’d actually be no better off if he’d kept it apart from the memories....so as you say enjoy the cars whilst you have them.

[irdan87]

j3gme said:

If anyone is still after a California these two have just been reduced by £10000, were £99000 now £89000, look value, both same Ferrari main dealer

I just found a great car on Auto Trader:

https://www.autotrader.co.uk/classified/advert/201...


https://www.autotrader.co.uk/classified/advert/201...



Have been eyeing that second link you posted up for a few days. I am meant to be waiting til next May but tempted to move early.

Any expert thoughts on the value of this in say 3 or 4 years and also would you move now or hold off/hope for a better price to come?

Thanks

Dan

Edited by j3gme on Saturday 15th September 10:17

[Roof down]

irdan87 said:

j3gme said:

If anyone is still after a California these two have just been reduced by £10000, were £99000 now £89000, look value, both same Ferrari main dealer

I just found a great car on Auto Trader:

https://www.autotrader.co.uk/classified/advert/201...


https://www.autotrader.co.uk/classified/advert/201...



Have been eyeing that second link you posted up for a few days. I am meant to be waiting til next May but tempted to move early.

Any expert thoughts on the value of this in say 3 or 4 years and also would you move now or hold off/hope for a better price to come?

Thanks

Dan



They need to be cheap with those colours

Edited by j3gme on Saturday 15th September 10:17

[Superleg48]

I quite like the California as far as looks go. That said the white one with the red interior at £90k is horrendous to my eyes. Seems fair value if you can get past that though.

[irdan87]

Superleg48 said:

I quite like the California as far as looks go. That said the white one with the red interior at £90k is horrendous to my eyes. Seems fair value if you can get past that though.

There is ALOT of red on the interior. I've found one 10k cheaper but not an 'approved' Ferrari dealership motor. Would this put people off? I'm waiting on quote now, its the company director former car. Can't see any negative reviews on connect as a dealership but would push for a year warranty if I go ahead.

https://www.autotrader.co.uk/classified/advert/201...

Also interested in any advantages of a 2012 as opposed to a 2010 technology/looks wise?

Thanks

[garystoybox]

irdan87 said:

Superleg48 said:

I quite like the California as far as looks go. That said the white one with the red interior at £90k is horrendous to my eyes. Seems fair value if you can get past that though.

There is ALOT of red on the interior. I've found one 10k cheaper but not an 'approved' Ferrari dealership motor. Would this put people off? I'm waiting on quote now, its the company director former car. Can't see any negative reviews on connect as a dealership but would push for a year warranty if I go ahead.

https://www.autotrader.co.uk/classified/advert/201...

Also interested in any advantages of a 2012 as opposed to a 2010 technology/looks wise?

Thanks

Honestly, you’d be mad not to buy from main dealer. 2 year Ferrari Warranty and the goodwill would cost c£7-8k and 10,000 miles less on the clock. Make sure it’s a keeper though as that is a ‘very’ specific colour combo that will limit or impact future resale.

[BlackR8]

garystoybox said:

irdan87 said:

Superleg48 said:

I quite like the California as far as looks go. That said the white one with the red interior at £90k is horrendous to my eyes. Seems fair value if you can get past that though.

There is ALOT of red on the interior. I've found one 10k cheaper but not an 'approved' Ferrari dealership motor. Would this put people off? I'm waiting on quote now, its the company director former car. Can't see any negative reviews on connect as a dealership but would push for a year warranty if I go ahead.

https://www.autotrader.co.uk/classified/advert/201...

Also interested in any advantages of a 2012 as opposed to a 2010 technology/looks wise?

Thanks

Honestly, you’d be mad not to buy from main dealer. 2 year Ferrari Warranty and the goodwill would cost c£7-8k and 10,000 miles less on the clock. Make sure it’s a keeper though as that is a ‘very’ specific colour combo that will limit or impact future resale.

I would agree with the point about buying from a main dealer. The car you link to above is from a dealer that sells all sorts from Peugeot's and Citroens to Mercedes but nothing bar this Ferrari in the exotic range. If you would consider buying out of the Ferrari network then atleast buy from a well respected specialist, I personally wouldn't go to a generic trader for a Ferrari. If the price was very appealing at the very least I would get a comprehensive PPI done, or try negotiate a 1 year Ferrari Warranty as part of the deal (assume dealer would have to give the car to a main dealer for a check and then buy the warranty).

[murphyaj]

irdan87 said:

Also interested in any advantages of a 2012 as opposed to a 2010 technology/looks wise?

Thanks

2012 is when Ferrari introduced the mid-life refresh for the Cali. There were updates to pistons and exhaust, as well as a mild remap, which increased power by 30 bhp and torque by 14 lb/ft. They also took out 30kg from the car, and made some mild tuning changes to the steering and suspension. It dropped the 0-60 time by a tenth and added a few MPH to the top end. That's also when they introduced the optional Handling Speciale package.

As for whether you'd notice these differences I'm not sure. I've only just started investigating Calis with a view to a purchase next year, but I intend to drive a pre and post update car to compare them before making a decision. Some press reviews at the time indicated that the changes were worthwhile but not transformative. A quick parse of autotrader indicates that a 2012 car carries a premium of about £10k over a 2010 or 2011 model.

[irdan87]

murphyaj said:

2012 is when Ferrari introduced the mid-life refresh for the Cali. There were updates to pistons and exhaust, as well as a mild remap, which increased power by 30 bhp and torque by 14 lb/ft. They also took out 30kg from the car, and made some mild tuning changes to the steering and suspension. It dropped the 0-60 time by a tenth and added a few MPH to the top end. That's also when they introduced the optional Handling Speciale package.

As for whether you'd notice these differences I'm not sure. I've only just started investigating Calis with a view to a purchase next year, but I intend to drive a pre and post update car to compare them before making a decision. Some press reviews at the time indicated that the changes were worthwhile but not transformative. A quick parse of autotrader indicates that a 2012 car carries a premium of about £10k over a 2010 or 2011 model.

Very informative post thank you mate

[irdan87]

BlackR8 said:

I would agree with the point about buying from a main dealer. The car you link to above is from a dealer that sells all sorts from Peugeot's and Citroens to Mercedes but nothing bar this Ferrari in the exotic range. If you would consider buying out of the Ferrari network then atleast buy from a well respected specialist, I personally wouldn't go to a generic trader for a Ferrari. If the price was very appealing at the very least I would get a comprehensive PPI done, or try negotiate a 1 year Ferrari Warranty as part of the deal (assume dealer would have to give the car to a main dealer for a check and then buy the warranty).

I did think this when looking at other stock. My wife is interested in there GLE too you see which are the 2 most expensive vehicles they have. The Cali is the directors personal car with brand new breaks and Ferrari specialist service due (all were done by Ferrari before this one) before sale. Current figures are 6k deposit, balloon 40k, £964 pcm and when queried about options at the end with balloon he said he would happily put in writing he would buy the car back for 40k as he's confident it'll be worth more come 48 months?

Wife is looking to p/x the Tiguan 2018 we have vs. the GLE with 0 deposit almost a straight swap.

I'm tempted if we can get both for 1.2k pcm but now having second thoughts regarding the dealership etc.

How much does a Ferrari PPI cost and how does it work? Dealer sends car to Ferrari etc or I arrange it?

Thank you & sorry so many questions! New territory for me!

[MDL111]

irdan87 said:

BlackR8 said:

I would agree with the point about buying from a main dealer. The car you link to above is from a dealer that sells all sorts from Peugeot's and Citroens to Mercedes but nothing bar this Ferrari in the exotic range. If you would consider buying out of the Ferrari network then atleast buy from a well respected specialist, I personally wouldn't go to a generic trader for a Ferrari. If the price was very appealing at the very least I would get a comprehensive PPI done, or try negotiate a 1 year Ferrari Warranty as part of the deal (assume dealer would have to give the car to a main dealer for a check and then buy the warranty).

I did think this when looking at other stock. My wife is interested in there GLE too you see which are the 2 most expensive vehicles they have. The Cali is the directors personal car with brand new breaks and Ferrari specialist service due (all were done by Ferrari before this one) before sale. Current figures are 6k deposit, balloon 40k, £964 pcm and when queried about options at the end with balloon he said he would happily put in writing he would buy the car back for 40k as he's confident it'll be worth more come 48 months?

Wife is looking to p/x the Tiguan 2018 we have vs. the GLE with 0 deposit almost a straight swap.

I'm tempted if we can get both for 1.2k pcm but now having second thoughts regarding the dealership etc.

How much does a Ferrari PPI cost and how does it work? Dealer sends car to Ferrari etc or I arrange it?

Thank you & sorry so many questions! New territory for me!

I assume the dealer would bring the car to the closest dealer for the PPI. Check if Ferrari will still warranty the car if it was serviced by an indie (if no, then tell the dealer it needs a service at Ferrari instead of the indie). I think Ferrari requires a check every time the warranty is extended on older cars.