Cheap 360 Manual

Cheap 360 Manual

Author
Discussion

blueg33

36,019 posts

225 months

Friday 20th October 2023
quotequote all
PinkHouse said:
voicey said:
If Sam's car stays where it is then someone will get an utter bargain. I've just serviced it, put a new alternator on and changed two ball joints - it wants for nothing right now.
It seems like even the best examples would be ruinously expensive to keep in the best shape due to the sheer amounts of parts and components they seem to consume regularly, so is there really going to be much of a premium on this especially with Ferrari buyers putting value in mileage over condition?
Not particularly. No more than a similar age Porsche. Things like brake discs are cheaper than the ones on my Volvo or Alfa. A standard service is a similar price to both.

But as with any super car old or new, it doesn’t cost the same to run as a Ford Mondeo.

LuckyThirteen

461 posts

20 months

Friday 20th October 2023
quotequote all
Will put some off

'The seller notes previous slight damage on the top of the passenger-side front wheel arch due to the top of the wheel catching the inside of the arch, which was bent back into position but there are some light cracks still present in the paintwork.'

Mark_Blanchard

Original Poster:

757 posts

256 months

Friday 20th October 2023
quotequote all
PinkHouse said:
It seems like even the best examples would be ruinously expensive to keep in the best shape due to the sheer amounts of parts and components they seem to consume regularly, so is there really going to be much of a premium on this especially with Ferrari buyers putting value in mileage over condition?
Not true. Costs me £2k a year tops. Many more expensive cars to run. If you want ruinous upkeep, try running a classic Mustang. I've owned 2 in the past and the bills were more than double. They each cost me £10k in 2 years (shipping was more expensive than the parts and import duty on top).

supersport

4,066 posts

228 months

Friday 20th October 2023
quotequote all
It's a Ferrari FFS not an Astra.

I don't think they are monstrously expensive to run, but go in eyes open

SEGTCSL

66 posts

87 months

Friday 20th October 2023
quotequote all
PinkHouse said:
It seems like even the best examples would be ruinously expensive to keep in the best shape due to the sheer amounts of parts and components they seem to consume regularly…
Tbf Sam has covered a whopping 30k miles in just 6 years — some owners barely rack up 1/10th of that during longer custodianships. So you could forgive it for going through consumables at a faster rate than a show pony that’s only been gingerly driven to FOC meets and MOT stations. C’mon, it’s been to the Sahara and back!!! Would an equivalent 20+ year old Porsche (say 996 TT) be any cheaper to run/maintain in the same circumstances? Doubt it.

So all things considered; I wouldn’t say it’s been “ruinous” to run. Far from it. I can’t recall him ever having a serious mechanical fault with it or leaving him stranded. And the same can’t be said for his brand new 992 GT3!

PinkHouse said:
…is there really going to be much of a premium on this especially with Ferrari buyers putting value in mileage over condition?
I suspect those kinds of Ferrari buyers probably wouldn’t be considering a sub 60k example like this anyway. Instead, I think the actual value in Sam’s car is with someone who appreciates: the rare options specced; the highly desirable modifications added; and of course the service history. Examples that combine all three of those don’t come up for sale often.

And the mileage should be seen as a plus imo. It’s perfect for someone who just wants a sorted 3 pedal Ferrari to use whatever the weather; or take long-trips around the continent and make similar memories in.

bencollins4

1,103 posts

207 months

Friday 20th October 2023
quotequote all
Wow - I blinked and the bidding went from £47.5k to £70k! That seems very strong money for me at nearly £75k including auction fees!

Babw

889 posts

147 months

Friday 20th October 2023
quotequote all
bencollins4 said:
Wow - I blinked and the bidding went from £47.5k to £70k! That seems very strong money for me at nearly £75k including auction fees!
Just bonkers.

cgt2

7,101 posts

189 months

Friday 20th October 2023
quotequote all
Could buy a Ferrari with 12 cylinders for that! Loved my 360's but no comparison to a 550 or 599...

PinkHouse

869 posts

58 months

Friday 20th October 2023
quotequote all
Babw said:
bencollins4 said:
Wow - I blinked and the bidding went from £47.5k to £70k! That seems very strong money for me at nearly £75k including auction fees!
Just bonkers.
Sam has been plugging CC at every opportunity, always mentioning that he's bidding on cars in his podcast with Tony. So I won't be surprised if there's some insider chandelier bidding going on as

Nuttbelle

537 posts

11 months

Friday 20th October 2023
quotequote all
£75K is insane for that mileage

So he has done 30k miles over 6 years for £7k depreciation.

m4tti

5,427 posts

156 months

Saturday 21st October 2023
quotequote all
I guess that shows how reassured a buyer can be with a visual service record of a car biggrin

djwhittaker14

52 posts

64 months

Saturday 21st October 2023
quotequote all
It's going to end up back up for sale. Why would you make two bids in a row without anyone outbidding you unless you don't want that extra 5K hanging around in your bank account.

Does anyone know the cost of a clutch & flywheel replacement, as with a new set it's an excellent example.

Gibbo205

3,554 posts

208 months

Saturday 21st October 2023
quotequote all
djwhittaker14 said:
It's going to end up back up for sale. Why would you make two bids in a row without anyone outbidding you unless you don't want that extra 5K hanging around in your bank account.

Does anyone know the cost of a clutch & flywheel replacement, as with a new set it's an excellent example.
4-6k I think, for the parts and labour, with all things ring around as quotes can vary quite a bit.

Nuttbelle

537 posts

11 months

Saturday 21st October 2023
quotequote all
Spurious bids trying to jack up sale price

blueg33

36,019 posts

225 months

Saturday 21st October 2023
quotequote all
Gibbo205 said:
djwhittaker14 said:
It's going to end up back up for sale. Why would you make two bids in a row without anyone outbidding you unless you don't want that extra 5K hanging around in your bank account.

Does anyone know the cost of a clutch & flywheel replacement, as with a new set it's an excellent example.
4-6k I think, for the parts and labour, with all things ring around as quotes can vary quite a bit.
Just had 3 quotes. £3500 to £4000 inc vat plus £600 if you need a release bearing and another £700 if you need a flywheel

BlackR8

459 posts

78 months

Saturday 21st October 2023
quotequote all
It is a well maintained car but I am sure there are many others which have been maintained as such with much less miles. That is insane money for a near on 60k miles with what in all likelihood will need a new clutch soon given that its done more than double the mileage since the last change. It could however be Stg fanboys that want to own this and only this car hence are prepared to pay way over the odds for one.

bencollins4

1,103 posts

207 months

Saturday 21st October 2023
quotequote all
djwhittaker14 said:
It's going to end up back up for sale. Why would you make two bids in a row without anyone outbidding you unless you don't want that extra 5K hanging around in your bank account.

Does anyone know the cost of a clutch & flywheel replacement, as with a new set it's an excellent example.
Very odd. And why would you out-bid the last bid by £17.5k when it had been going up in small increments until then?! Then to out-bid yourself again by another £5k…….

Babw

889 posts

147 months

Saturday 21st October 2023
quotequote all
BlackR8 said:
It is a well maintained car but I am sure there are many others which have been maintained as such with much less miles. That is insane money for a near on 60k miles with what in all likelihood will need a new clutch soon given that its done more than double the mileage since the last change. It could however be Stg fanboys that want to own this and only this car hence are prepared to pay way over the odds for one.
This is what had crossed my mind, a very keen fanboy/girl frothing at the mouth at the thought of owning a Youtube sensation..... I can just see the sale advert in 6 months when the novelty wears off "celebrity previous owner".

SEGTCSL

66 posts

87 months

Saturday 21st October 2023
quotequote all
Re the clutch change costs there’s a 2017 invoice detailing timing belts, clutch, flywheel and rear main seal for £3670.54. So the 3.5-4k figure above sounds about right.

blueg33

36,019 posts

225 months

Saturday 21st October 2023
quotequote all
These cars are better if used. A well maintained car that hasn't seen a garage as often as a well used one may still have more hidden issues.

To add perspective, if the car has 60k miles its done under 2000 miles pa, that is not high mileage. More and more 360's are over 50k miles as their owners use them. Mine is on 54k miles - shock, horror - that means it has done 2454 miles each year. It simply is not a lot. There are not delicate 1970's Ferrari's they are daily driveable and mostly robust.

The beauty of Sams car is that the maintenance is documented on video, it is also a rare spec, there are very few with those seats and a manual gear box