Ferrari 360 and GT3 RS
Discussion
Hey guys,
I got an offer to buy a 360 (model year 2002) a few days ago and I need some input. The car is red with black interior, LHD, 9000miles, Ferrari racing seats, Scuderia shields, challenge grilles. The car is suppose to be in very good condition. Price is at the moment £59900 but some discount is to be had (around 57" I think). What do you guys think, is it a good deal and anything special I should watch out for? I had decided to buy a GT3 RS next year but it could be fun with the 360 untill summer, are they hard to sell and what do you guys think I should get for it spring next year? If I am lucky the RS will decrease slightly in price for next year although I am abit worried that I will not find the one I want (not many around). Thanks:)
I got an offer to buy a 360 (model year 2002) a few days ago and I need some input. The car is red with black interior, LHD, 9000miles, Ferrari racing seats, Scuderia shields, challenge grilles. The car is suppose to be in very good condition. Price is at the moment £59900 but some discount is to be had (around 57" I think). What do you guys think, is it a good deal and anything special I should watch out for? I had decided to buy a GT3 RS next year but it could be fun with the 360 untill summer, are they hard to sell and what do you guys think I should get for it spring next year? If I am lucky the RS will decrease slightly in price for next year although I am abit worried that I will not find the one I want (not many around). Thanks:)
Not sure you should worry about finding an RS, unless they really do pick up in popularity after Christmas. There are a few about if you know where to look at the moment.
Can't comment on the dancing donkey. Any car of this cost can be slow to sell though unless you like taking a bath
>> Edited by DanH on Thursday 27th October 22:31
Well, I have driven both in the last few days.
360 is AWE SOME. Amazing, delicate and I suspect a fragile mistress who gives great pleasure wen she's in the mood, and pain the rest of the time.
GT3RS is the bulletproof alternative. Not quite as pretty, not quite as delicate, but less sacry as an investment, and a more reliable steed.
I certainly would not buy the 360 unless it had the FULL Maranello warranty. A small problem = MASSIVE expense.
A 360 is NOT to be run on anything other than Rod Stewarts's budget unless you buy a frnachised dealer car and you have big cahones.
A GT3RS is JUST within reach of mere mortals. And I mean JUST.....
You are a lucky man.
>> Edited by Vesuvius996 on Thursday 27th October 22:11
360 is AWE SOME. Amazing, delicate and I suspect a fragile mistress who gives great pleasure wen she's in the mood, and pain the rest of the time.
GT3RS is the bulletproof alternative. Not quite as pretty, not quite as delicate, but less sacry as an investment, and a more reliable steed.
I certainly would not buy the 360 unless it had the FULL Maranello warranty. A small problem = MASSIVE expense.
A 360 is NOT to be run on anything other than Rod Stewarts's budget unless you buy a frnachised dealer car and you have big cahones.
A GT3RS is JUST within reach of mere mortals. And I mean JUST.....
You are a lucky man.
>> Edited by Vesuvius996 on Thursday 27th October 22:11
At that price you won't lose much on the 360, espec if you sell in the height of summer...at least in depreciation.
You will lose in servicing etc and some may ask why buy such a magnificent car to only own it during the dreary months where it cannot be driven to its full potential.
Many 360s change hands after 6 months or so as people realise that after the honeymoon with the dream wears off, she is a tempestuous mistress to live with and funds may not stretch to ongoing maintenance of such a highly stung beast.
The GT3RS is untimately faster, stronger and a better long-term option, but if you've got that italian itch you might as well scratch it. However Oct/Nov are the softest time of the year for GT3 prices and availability and price may change once the track season restarts next year - that certainly happened with Mk1s, I bought in late november and a mere 6 months later was offered £5K more for it - but such is its greatness I feel I will not part for a long time.
You will lose in servicing etc and some may ask why buy such a magnificent car to only own it during the dreary months where it cannot be driven to its full potential.
Many 360s change hands after 6 months or so as people realise that after the honeymoon with the dream wears off, she is a tempestuous mistress to live with and funds may not stretch to ongoing maintenance of such a highly stung beast.
The GT3RS is untimately faster, stronger and a better long-term option, but if you've got that italian itch you might as well scratch it. However Oct/Nov are the softest time of the year for GT3 prices and availability and price may change once the track season restarts next year - that certainly happened with Mk1s, I bought in late november and a mere 6 months later was offered £5K more for it - but such is its greatness I feel I will not part for a long time.
Is there really that much of a hike in running costs between a 996 and a 360?
I had settled on a 996tt as my next car, but I don't think I can stand any more of my OPC's shockingly poor service to buy another Porsche. Was hoping to get a 360 instead, plus a second car for the donkey miles.
I'd expect to pay more to run a F car, but exactly how much more expensive are they to run? Can you buy/extend a Ferrari warranty like you can with Porsche?
I had settled on a 996tt as my next car, but I don't think I can stand any more of my OPC's shockingly poor service to buy another Porsche. Was hoping to get a 360 instead, plus a second car for the donkey miles.
I'd expect to pay more to run a F car, but exactly how much more expensive are they to run? Can you buy/extend a Ferrari warranty like you can with Porsche?
Thunderfoot said:Main dealer labour and parts prices are roughly the same for the two brands.
Is there really that much of a hike in running costs between a 996 and a 360?
There are many more independents who work on P's than work on F's.
The main difference, however, is the frequency with which the F will need work in contrast to what is likely to be needed for the P.
How often to you need to change the cambelts on a GT3? How often does a GT3 cambelt tensioner pulley shaft snap? How frequently will the brake rotors warp on the Porsche, or will the front ball joints need to be replaced?
In order to develop the 997, for example, Porsche built 500 prototypes and test hacks. I don't know how many such 430s were made, but two dozen sounds about right.
If you're into the Ferrari thing, go for a 360, because that thing cannot be attained with a GT3. If you want the better car, however, it's no contest.
And as regards comments that some make about how a GT3 is only a track machine and not right for the public roads, on Sunday I deliberately drove 150 miles on Belgian secondary roads instead of on open motorway. It was wet, I drove the car pretty hard, and it was brilliant.
I did exactly the same last weekend. 150 miles on b roads just for the fun of it. 200 miles the Sunday before.
All of it involving.
GT3s are fine on the road, not that more ride height and softer suspension wouldn't be welcome at times
>> Edited by DanH on Thursday 27th October 23:47
Its a great price indeed - certainly not from a Ferrari main dealer i would suspect - a car like that they would be asking at least £15k more for.
As mentioned before you could drive it for 6 months then sell it & not lose a hell of a lot of money and if its been serviced then you dont have to worry about that in th 6-8 months, just running costs which if you spend any time on the ferrari board you will quickly see are not as horrendous as many think.
I looked into it extensively when I changed cars a year ago, went for another 996TT in the end as I could use it everyday, put a fair few miles on it & needed the rear seats, but a car with a full FSH should be fine - and you are only keeping it for 6 months.
If it was me, I would buy the Ferrari, keep it for 6 months & enjoy it then trade it in for a GT3RS next year when the weather turns warmer.
As mentioned its not the perfect 6 months for Ferrari ownership but who cares.
Rump.
As mentioned before you could drive it for 6 months then sell it & not lose a hell of a lot of money and if its been serviced then you dont have to worry about that in th 6-8 months, just running costs which if you spend any time on the ferrari board you will quickly see are not as horrendous as many think.
I looked into it extensively when I changed cars a year ago, went for another 996TT in the end as I could use it everyday, put a fair few miles on it & needed the rear seats, but a car with a full FSH should be fine - and you are only keeping it for 6 months.
If it was me, I would buy the Ferrari, keep it for 6 months & enjoy it then trade it in for a GT3RS next year when the weather turns warmer.
As mentioned its not the perfect 6 months for Ferrari ownership but who cares.
Rump.
Before I'd been in a 360 I'd have said buy it, but TBH I wasn't that impressed with the thing, the ride was awful and to stiff. Not sure I'd like to live with it day to day. Build quality seemed to be only a couple of notches above TVR’s. Saying all that, the engine and noise were stunning.
Apart from the frightening bills (a service for most Porsches is just that, a service, whereas for a Ferrari the list is usually a long one) my biggest problem with the 360 is the size of the damn thing... It's wiiiiide. Put that side by side with a GT3 down a twisty Welsh A road and see the difference.
LOL, I have stopped preaching. 
1) Because my 964RS is almost virtual these days, still in bits after some restoration work and still awaiting paint, just about to hand V5 over to my tech etc.
2) Because Clubsport takes the pi55 everytime I mention 964RSs
3) Because if anyone has driven one, they will know how special they are. The others don't believe it and start quoting Autocar 'too hard for everyday use' yada yada. Yes, they are stiffly sprung and will fly on a B road, literally, but if you love hardcore sportscars they are the nuts. More hardcore out of the box than a stock 993RS or GT3. I used to commute in a Caterham 7 and happily swiped the snow off the hood and the carb covers to drive it to work in the winter, so I never found the 964RS too hardcore for everyday use. It was just a phenomenal car to experience on a daily basis.
4) These days, I like my comfy Merc slushomatic estate
>> Edited by domster on Friday 28th October 11:33
1) Because my 964RS is almost virtual these days, still in bits after some restoration work and still awaiting paint, just about to hand V5 over to my tech etc.
2) Because Clubsport takes the pi55 everytime I mention 964RSs
3) Because if anyone has driven one, they will know how special they are. The others don't believe it and start quoting Autocar 'too hard for everyday use' yada yada. Yes, they are stiffly sprung and will fly on a B road, literally, but if you love hardcore sportscars they are the nuts. More hardcore out of the box than a stock 993RS or GT3. I used to commute in a Caterham 7 and happily swiped the snow off the hood and the carb covers to drive it to work in the winter, so I never found the 964RS too hardcore for everyday use. It was just a phenomenal car to experience on a daily basis.
4) These days, I like my comfy Merc slushomatic estate
>> Edited by domster on Friday 28th October 11:33
domster said:
LOL, I have stopped preaching.
1) Because my 964RS is almost virtual these days, still in bits after some restoration work and still awaiting paint, just about to hand V5 over to my tech etc.
2) Because Clubsport takes the pi55 everytime I mention 964RSs
3) Because if anyone has driven one, they will know how special they are. The others don't believe it and start quoting Autocar 'too hard for everyday use' yada yada. Yes, they are stiffly sprung and will fly on a B road, literally, but if you love hardcore sportscars they are the nuts. More hardcore out of the box than a stock 993RS or GT3. I used to commute in a Caterham 7 and happily swiped the snow off the hood and the carb covers to drive it to work in the winter, so I never found the 964RS too hardcore for everyday use. It was just a phenomenal car to experience on a daily basis.
>> Edited by domster on Friday 28th October 11:33
Sounds like preaching to me
Porsche GT3 said:
The car has full service history with Graypaul Ferrari and one owner (cambelts changed in june, less than 500miles ago). Hmmm.......
I think that price sounds pretty good given the mileage, and as regards putting miles on them - I know of at least 1 person on PH who has a 360 wtih 50k+ miles on the clock and its stronger than ever.
If I were in your position I'd definitely go for it, at least then you've ticked that box. I'm sure the GT3 is technically a superior car, but no question there is something about the 360 that a GT3 just cannot capture.
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