360s looking expensive these days
Discussion
http://www.pistonheads.com/sales/3591388.htm
Point in case. Very nicely kept car, but it's closing on 40,000 miles (yes, shock horror, blah blah...) and is a private sale?
I have been trying to source a top quality, black manual 360 coupe (for my budget of about £43,000) for a few months now. Yes, I'm being picky and have always been, but I can't help but feel that some very strong money is being asked particular by dealers. These cars aren't selling too, which perhaps supports my view? In fact, spoke with Walkersport who seemed to think there are a fair few cars out there (the "higher" mileage ones) that are not priced sensibly.
There's a car with Forza288 with Challenge body bits. That's over 30,000 miles too (which seems to be a bit of a cliff for Ferrari's of this vintage somehow) and doesn't even have Ferrari seats and they're asking near on £50,000 if I recall? I emailed them to enquire but wasn't given a reply I might add.
Point in case. Very nicely kept car, but it's closing on 40,000 miles (yes, shock horror, blah blah...) and is a private sale?
I have been trying to source a top quality, black manual 360 coupe (for my budget of about £43,000) for a few months now. Yes, I'm being picky and have always been, but I can't help but feel that some very strong money is being asked particular by dealers. These cars aren't selling too, which perhaps supports my view? In fact, spoke with Walkersport who seemed to think there are a fair few cars out there (the "higher" mileage ones) that are not priced sensibly.
There's a car with Forza288 with Challenge body bits. That's over 30,000 miles too (which seems to be a bit of a cliff for Ferrari's of this vintage somehow) and doesn't even have Ferrari seats and they're asking near on £50,000 if I recall? I emailed them to enquire but wasn't given a reply I might add.
Edited by AdvocatusD on Thursday 2nd February 13:06
Save a bit more chap and you should be able to sell it on for more too - if you buy low you tend to sell low.
You could get a low milleage one and it could still be a bit scruffy; don't buy on milleage, buy on condition. The thing you've got to ask is "does it represent value for money" - the market dictates this due to supply and demand.
Also bear in mind it's a new year and lots of supercars start getting sold come spring ready for the summer. Some owners are prepared to wait for the advertised price.
You could get a low milleage one and it could still be a bit scruffy; don't buy on milleage, buy on condition. The thing you've got to ask is "does it represent value for money" - the market dictates this due to supply and demand.
Also bear in mind it's a new year and lots of supercars start getting sold come spring ready for the summer. Some owners are prepared to wait for the advertised price.
The carbon sports seats are Ferrari seats.
Seems like a not unreasonable price TBH. These cars like to be driven, so as long as it's been properly serviced you're getting a lot there for your money.
edit: just realised you weren't referring to the seats on the car in this advert, apologies.
Seems like a not unreasonable price TBH. These cars like to be driven, so as long as it's been properly serviced you're getting a lot there for your money.
edit: just realised you weren't referring to the seats on the car in this advert, apologies.
Edited by mattdaniels on Thursday 2nd February 13:13
mattdaniels said:
The carbon sports seats are Ferrari seats.
You sure? They don't look like the Ferrari options to me from the angles I can see, but I'm no expert.
p.s. I do see how this thread could be intepreted as a case of sour grapes/expensive wine, but it genuinely isn't! It's an observation..
Edited by AdvocatusD on Thursday 2nd February 13:23
AdvocatusD said:
mattdaniels said:
The carbon sports seats are Ferrari seats.
You sure? They don't look like the Ferrari options to me from the angles I can see, but I'm no expert.Edited by AdvocatusD on Thursday 2nd February 13:19
Looks like proper Ferrari sport seats in this pic from the advert.
Davey S2 said:
Thats a completely different car. The one in the adverty is a spider.
Looks like proper Ferrari sport seats in this pic from the advert.
That is because my post refers to two cars.Looks like proper Ferrari sport seats in this pic from the advert.
The private one you have posted above and the Forza 288 car I referred to in my original post. The Forza288 car's seats are pictured by me. I might still be wrong though...
Oh, the car in the OP a Club Scud member's car. Didn't even know he was selling it...
edit: And I was looking at 360 Spiders the other day, I'd say it's a very fair price. (Don't know the car other than e-knowing the owner, no association etc etc.)
edit: And I was looking at 360 Spiders the other day, I'd say it's a very fair price. (Don't know the car other than e-knowing the owner, no association etc etc.)
Edited by tomtom on Thursday 2nd February 14:35
tomtom said:
Oh, the car in the OP a Club Scud member's car. Didn't even know he was selling it...
edit: And I was looking at 360 Spiders the other day, I'd say it's a very fair price. (Don't know the car other than e-knowing the owner, no association etc etc.)
It's a very nice car.edit: And I was looking at 360 Spiders the other day, I'd say it's a very fair price. (Don't know the car other than e-knowing the owner, no association etc etc.)
I'm not in the market for a Spider (I think!), but if you contrast that example with this:
http://www.pistonheads.com/sales/3536880.htm
stunning Ferrari 360 Spider 2004, Nero Met with Crema leather, black stitching and black carpets. 18882 Miles, Yellow calliper option. HPI clear both accidents and finance. She comes complete with leather wallet and original books, extensive history file, 2 spare keys and three fobs (inc Red) Car has been fully serviced by Stratstone Ferrari with fresh MOT and inspection report. WalkerSport preparation and detail.
Private owner asking for same price as respected dealer car with half the miles. Just a wonder and a ponder. Hope they both get their prices.
AdvocatusD said:
Davey S2 said:
Thats a completely different car. The one in the adverty is a spider.
Looks like proper Ferrari sport seats in this pic from the advert.
That is because my post refers to two cars.Looks like proper Ferrari sport seats in this pic from the advert.
The private one you have posted above and the Forza 288 car I referred to in my original post. The Forza288 car's seats are pictured by me. I might still be wrong though...
AdvocatusD said:
http://www.pistonheads.com/sales/3591388.htm
Point in case. Very nicely kept car, but it's closing on 40,000 miles (yes, shock horror, blah blah...) and is a private sale?
I have been trying to source a top quality, black manual 360 coupe (for my budget of about £43,000) for a few months now. Yes, I'm being picky and have always been, but I can't help but feel that some very strong money is being asked particular by dealers. These cars aren't selling too, which perhaps supports my view? In fact, spoke with Walkersport who seemed to think there are a fair few cars out there (the "higher" mileage ones) that are not priced sensibly.
There's a car with Forza288 with Challenge body bits. That's over 30,000 miles too (which seems to be a bit of a cliff for Ferrari's of this vintage somehow) and doesn't even have Ferrari seats and they're asking near on £50,000 if I recall? I emailed them to enquire but wasn't given a reply I might add.
I know this car and it's current owner, he is totally fastidious and the car is one of the best out therePoint in case. Very nicely kept car, but it's closing on 40,000 miles (yes, shock horror, blah blah...) and is a private sale?
I have been trying to source a top quality, black manual 360 coupe (for my budget of about £43,000) for a few months now. Yes, I'm being picky and have always been, but I can't help but feel that some very strong money is being asked particular by dealers. These cars aren't selling too, which perhaps supports my view? In fact, spoke with Walkersport who seemed to think there are a fair few cars out there (the "higher" mileage ones) that are not priced sensibly.
There's a car with Forza288 with Challenge body bits. That's over 30,000 miles too (which seems to be a bit of a cliff for Ferrari's of this vintage somehow) and doesn't even have Ferrari seats and they're asking near on £50,000 if I recall? I emailed them to enquire but wasn't given a reply I might add.
Edited by AdvocatusD on Thursday 2nd February 13:06
F355GTS said:
AdvocatusD said:
http://www.pistonheads.com/sales/3591388.htm
Point in case. Very nicely kept car, but it's closing on 40,000 miles (yes, shock horror, blah blah...) and is a private sale?
I have been trying to source a top quality, black manual 360 coupe (for my budget of about £43,000) for a few months now. Yes, I'm being picky and have always been, but I can't help but feel that some very strong money is being asked particular by dealers. These cars aren't selling too, which perhaps supports my view? In fact, spoke with Walkersport who seemed to think there are a fair few cars out there (the "higher" mileage ones) that are not priced sensibly.
There's a car with Forza288 with Challenge body bits. That's over 30,000 miles too (which seems to be a bit of a cliff for Ferrari's of this vintage somehow) and doesn't even have Ferrari seats and they're asking near on £50,000 if I recall? I emailed them to enquire but wasn't given a reply I might add.
I know this car and it's current owner, he is totally fastidious and the car is one of the best out therePoint in case. Very nicely kept car, but it's closing on 40,000 miles (yes, shock horror, blah blah...) and is a private sale?
I have been trying to source a top quality, black manual 360 coupe (for my budget of about £43,000) for a few months now. Yes, I'm being picky and have always been, but I can't help but feel that some very strong money is being asked particular by dealers. These cars aren't selling too, which perhaps supports my view? In fact, spoke with Walkersport who seemed to think there are a fair few cars out there (the "higher" mileage ones) that are not priced sensibly.
There's a car with Forza288 with Challenge body bits. That's over 30,000 miles too (which seems to be a bit of a cliff for Ferrari's of this vintage somehow) and doesn't even have Ferrari seats and they're asking near on £50,000 if I recall? I emailed them to enquire but wasn't given a reply I might add.
Edited by AdvocatusD on Thursday 2nd February 13:06
miles only matter to ego's and those who don't understand the car.
The more it's driven, the better it runs especially if its looked after like the one above.
Harsh said:
+1...a very good car indeed
miles only matter to ego's and those who don't understand the car.
The more it's driven, the better it runs especially if its looked after like the one above.
You may have missed my point Harsh (if you were referring to me, you may not have been). I have no issues with mileage. I had a Turbo with 90,000 miles on it and still own a Bentley with over 100,000 miles on it. It's all about the condition and the car.miles only matter to ego's and those who don't understand the car.
The more it's driven, the better it runs especially if its looked after like the one above.
However, the sad reality is that Ferraris such as the Modena are devalued by the mileage put on them. If you are going to buy a high mileage car that has been cherished, that great news. The problem is that when you go forward and sell it on, you'll meet a lot of resistance if you're pricing it on par with something on lower miles. As a result, you will need to lower your price and will take a hit if you had bought the car purely on condition, with mileage not affecting the price.
Them's the rules (sadly), but I don't agree with them or make them. If I ever buy a "high" mileage car, I'll be looking to bargain hard so that I can lose as little money as possible when the same (inevitably) happens to me.
Due to new model prices increasing heavily over the last few years, 360 pricing makes sense to me. Also, all the comments on condition are bang on - yes, lower mileage equals lower price, but recent maintenance bills make a big difference to value.
There are things on these cars that do need replacing every so often to keep them driving like they're supposed to. If you keep that up to date then the price a dealer can get will be higher (because the new owner doesn't have to do those things).
A 2002 25,000 mile car can be 'well bought' at £45k and a 2004 car changing hands with 20,000 miles can easily be 'well sold' for £40k.
There are things on these cars that do need replacing every so often to keep them driving like they're supposed to. If you keep that up to date then the price a dealer can get will be higher (because the new owner doesn't have to do those things).
A 2002 25,000 mile car can be 'well bought' at £45k and a 2004 car changing hands with 20,000 miles can easily be 'well sold' for £40k.
LukeyLikey said:
Due to new model prices increasing heavily over the last few years, 360 pricing makes sense to me. Also, all the comments on condition are bang on - yes, lower mileage equals lower price, but recent maintenance bills make a big difference to value.
There are things on these cars that do need replacing every so often to keep them driving like they're supposed to. If you keep that up to date then the price a dealer can get will be higher (because the new owner doesn't have to do those things).
A 2002 25,000 mile car can be 'well bought' at £45k and a 2004 car changing hands with 20,000 miles can easily be 'well sold' for £40k.
I understand that but as I said before, if same year/same condition with all time & services done, the lower mileage car will always fetch more money...There are things on these cars that do need replacing every so often to keep them driving like they're supposed to. If you keep that up to date then the price a dealer can get will be higher (because the new owner doesn't have to do those things).
A 2002 25,000 mile car can be 'well bought' at £45k and a 2004 car changing hands with 20,000 miles can easily be 'well sold' for £40k.
Obviously we can all find a poorly maintained 2004 car with missing services & crap paint thats cheaper than a well maintained 2001 car with high mileage, but then thats not comparing like 4 like...
johnnyreggae said:
If you can't find the car you want for your budget after several months maybe its because your budget does not reflect the market...
I think OP's budget is sufficient but I'd say more pateince is required. Most cars are F1 rather than manual. I'd guess only 10% of 360s are black. A lot of cars are not good cars. So it's going to take a while.There are black manual cars out there - I just missed one while I was scraping my last few thousand pounds together before I bought mine then I saw another a few months later that I hesitated on because I didn't like the way the white stiching on the dash reflected in the screen & that car sold very quickly. A month later I found one: 2003, black/tan, manual, challenge grilles.
Another option would be to buy a good manual car in a nasty colour & have it changed to black. This is easier & less expensive than you might think as the engine bay is all black. There's a guy in Wales who has a very good reputation & has done several.
AdvocatusD said:
Harsh said:
+1...a very good car indeed
miles only matter to ego's and those who don't understand the car.
The more it's driven, the better it runs especially if its looked after like the one above.
You may have missed my point Harsh (if you were referring to me, you may not have been). I have no issues with mileage. I had a Turbo with 90,000 miles on it and still own a Bentley with over 100,000 miles on it. It's all about the condition and the car.miles only matter to ego's and those who don't understand the car.
The more it's driven, the better it runs especially if its looked after like the one above.
However, the sad reality is that Ferraris such as the Modena are devalued by the mileage put on them. If you are going to buy a high mileage car that has been cherished, that great news. The problem is that when you go forward and sell it on, you'll meet a lot of resistance if you're pricing it on par with something on lower miles. As a result, you will need to lower your price and will take a hit if you had bought the car purely on condition, with mileage not affecting the price.
Them's the rules (sadly), but I don't agree with them or make them. If I ever buy a "high" mileage car, I'll be looking to bargain hard so that I can lose as little money as possible when the same (inevitably) happens to me.
condition matter and i agree mileage affects buying and sell on prices.
Hedge's car is a good one and the spider is well worth considering unless there's a specific reason you don't want one.
prices will vary depending on how much the seller really wants rid...it could be a speculative see what happens, if i get 'x' then i can jump into something else if i don't then i'll keep it, down to, i need to get rid now!
Time will reveal which and eventually you will find the car you're after, if you're not in a hurry then wait til what you really want comes up in your price range.
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