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Richard L. Diasio (Putpark)
Posted on Friday, October 19, 2001 - 5:18 pm:   

Rick Mancuso, who owns Lake Forest Sportscars the Ferrari dealer north of Chicago, called me today to book some test days at our track. I told him I recently bought a euro 360 and asked him about the computer issue. He told me it is just not true and his service manager told us it is simply urban legend. He does a lot of work on euro 360's and his diagnosis machine has no trouble reading euro cars. I did not ask him about older models.

Also asked him about current pricing on used Modenas and he said to figure $165k for a 99,$175k for 2000 and $185k for a 2001. Add $10k for F1. These prices are for US cars.

I bought my car from a German dealer and had him import the car into the US by the company in California who did the DOT/EPA work. I had the car inspected in Ca. and shipped to me. The car had 2000 miles on it and is perfect. I paid under $150k for everything. I would certainly do it again.

•••• Diasio
BretM (Bretm)
Posted on Thursday, October 18, 2001 - 4:00 pm:   

Perfect choice, my favorite is the Red/Black 6spd in the 355 and 360s, you can't go wrong with getting a car like that.
Jay P. Ross (Eilig)
Posted on Thursday, October 18, 2001 - 3:33 pm:   

Bret/Martin:

Thanks for the advice!! I had no idea about the computer issue. That could be a major problem.

Ok, so that means in Spring 2002, I'll be in the market to purchase a used, low-mile, reasonably priced Red/Black 360 Modena 6-speed. Don't care which options it does/does not have, as they are really unimportant to me.

If anyone is thinking about selling their car in that timeframe, and it matches what I'm looking for, please feel free to contact me!

Email: [email protected]

I've already put in word at my local Ferrari dealer, so he's on the lookout too. Thanks much!!

-Jay
martin J weiner,M.D. (Mw360)
Posted on Thursday, October 18, 2001 - 12:44 pm:   

Jay,
Agree with Bret.Would never do it again altho I love the car (99-360).Actually after the 105k(I pd 125k for openers 18mo ago) there is 12-14 k for the conversion and 6-9k for customs.One must avoid non reputable importers since stolen cars can be broughtin.There is a big problem with the 2001 models between the importers and fna at the dot level so a 2001 shouldn't be touched.Then as Bret says the us computers cannot diagnose the problem.Then no warranty (least of problems). Then lower resale.
SOOOOOO with the prices of us models coming down you should be able to pick up a 99 for less than 150k and that will come down in the next few mo.
Advice= not worth the agita!
BretM (Bretm)
Posted on Thursday, October 18, 2001 - 12:26 pm:   

They use a different code for all the engine, traction control, etc mapping in the European cars. So, the US dealer computers wont be able to read it unless they convert it over to US style which can get tricky. Up until the 360 this wasn't that much of a problem because the 355, 550, 456 really don't have that much computer based stuff in them, the 360 though has a ton of this technology in it which makes me for one a little skeptical about converting one. Martin has a euro 360, he must know about some of this stuff. I couldn't care less about any safety differences etc because they can be easily remedied, but computer stuff is always a little different.
I think at this point you'd be better off getting a used US 360, which are starting to have some pretty reasonable prices, or getting a 355 (my personal favorite of the 3 series).
Jay P. Ross (Eilig)
Posted on Thursday, October 18, 2001 - 11:27 am:   

Has anyone bought a European Ferrari, paid to have it DOT ready, and imported it into the states? It is awful tempting to buy a 360 Modena for $105,000 in Italy, and pay the $12,000 or so for DOT plus shipping charges to have it sent over, versus paying the $180,000+ they go for here in the States.

Aside from not having a warranty backed by Ferrari North America, are there any other drawback? Yes, I've read that Ferrari is really tryin to crack down on this, and Ferrari claims there are hundreds of differences between the Europe cars and American cars that don't meet the eye. But I have yet to discover them, and I've been around both versions of the car.

Does anyone know anything about all this? Also, anyone have experience in buying a car from that Ferrari dealer in Venice, Italy, who advertises in the back of FORZA magazine?

What am I missing here?

Any info would be much appreciated, thanks!

-Jay

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