360 or 430? | FerrariChat

360 or 430?

Discussion in '360/430' started by miken168, Feb 24, 2017.

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  1. miken168

    miken168 Rookie

    Feb 20, 2017
    4
    Hi All,

    New member here and about to pull the trigger on my first Ferrari, a huge dream of mine!

    I've found 2 cars but have a few decisions:

    2002 360 Spider
    - 5k miles
    - All papers, records, etc.
    - 1 previous owner
    - $25k+ in nice clean mods (brembo brakes, H&R springs, carbonio intake, etc)
    - F1 gearbox
    - Clean (all maintenance, clutch life, timing belt, etc.)

    2007 F430
    - 28k miles
    - All papers, records, etc.
    - 3 previous owners
    - 1 minor fender bender accident, bumper repainted, etc.
    - F1 gearbox
    - All maintenance has been done, but clutch life is about 35%

    The Spider is stunning in that it is pristine and has been well cared for. The F430 has that more updated look and design, but has definitely been more driven and "enjoyed".

    Price wise, they are essentially priced identically, hence my dilemma! What do you all think?

    Cheers,
    Mike
     
  2. Perkins

    Perkins Formula Junior

    Dec 22, 2013
    702
    Sacramento
    Full Name:
    Rick
    430. It's obvious once you drive both.
     
  3. Turbotuner20v

    Turbotuner20v Formula Junior

    Mar 18, 2014
    362
    F430

    If the 360 was a 6mt there might be a debate
     
  4. DougDish

    DougDish Karting
    Owner Rossa Subscribed

    Jul 13, 2010
    190
    Northern NJ
    Full Name:
    Doug
    Mike, a coupe and a spider are very different. If you have the option of driving both it may help you solidify the decision.

    Given number of days you would drive the car and of those days the weather conditions how often will you be able to take advantage of the open top?

    If there is a possibility of wanting to track the car a coupe would be the better choice.

    Both cars sound good and either one will be driveable and enjoyable. Good luck with your purchase.
     
  5. Kevin Rev'n

    Kevin Rev'n Two Time F1 World Champ
    Owner Silver Subscribed

    Nov 29, 2009
    23,079
    Honolulu
    Full Name:
    Kevin
    I dunno...say you put 10K Miles on before you start to look for your next car. One will be almost 40K on the odometer and not easy to get rid of and the other a mid teen example. So you may pay more keeping the 360 maintained I am not sure. Low clutch is sort of a bother in my mind. Because it's money and time that you can't use the car.

    Tough choice! Good problem to have!

    Do you already have a mechanic?
    Your profile is a bit "light" so it's tough to consider what kind of conditions you will be living with.
     
  6. vrsurgeon

    vrsurgeon F1 World Champ
    Silver Subscribed

    Dec 13, 2009
    15,917
    Charleston, SC
    Full Name:
    Curt
    Neither. Save up an additional 20% and get a 458 unless its a stick.

    FYI mods are completely worthless on a Ferrari. You'll be the only person that pays for them. The next owner will ask less because its not original.
     
  7. boostd

    boostd Karting

    May 4, 2014
    68
    Get the 430. I got a 360 and traded it in 4 months later (last week). The 360 is too dated.
     
  8. ICULUKN

    ICULUKN Formula Junior

    Apr 11, 2007
    548
    Ahwatukee AZ
    Full Name:
    G.P.
    430... extra 100 hp is nice to have.
     
  9. bart12

    bart12 Formula 3

    Nov 6, 2008
    1,711
    The River runs through it
    Full Name:
    MD Leo
    I am going with the 360. 1 owner, 5k miles.
    I know a 430 can be tempting. But think about it carefully.
     
  10. Need4Spd

    Need4Spd F1 Veteran

    Feb 24, 2007
    6,646
    Silicon Valley


    ^This. The 458 is epic, less maintenance, and less likely to cause wallet drain. If the 360 were a stick, the choice would be more difficult.
     
  11. kiryu

    kiryu Formula Junior

    Mar 28, 2016
    407
    Los Angeles
    more like 100% additional
     
  12. Need4Spd

    Need4Spd F1 Veteran

    Feb 24, 2007
    6,646
    Silicon Valley
    Well, maybe if you can get a high mileage 458, you can get close.
     
  13. kiryu

    kiryu Formula Junior

    Mar 28, 2016
    407
    Los Angeles
    anyone heard about the dual clutch failures on 458? i am keeping a close watch. 458's less maintenance until that happens.....i dunno enough about it
     
  14. kiryu

    kiryu Formula Junior

    Mar 28, 2016
    407
    Los Angeles
    OP is looking at a 30k miles f430 coupe..it's probably selling for like 90k at most.
    You need at least 70k more for a high mile 458

    it will really be wonderful if u just need 20% more
     
  15. baguns

    baguns Karting

    Sep 19, 2012
    246
    Yorba Linda, CA
    To drive and enjoy, or to resell later? The low mile 360 may require significantly more maintenance than a somewhat driven 430 so you should be able to drive and enjoy the 430 with less hassle. Doubtful that either will appreciate in the future.


    Sent from my iPhone using Tapatalk
     
  16. Shinigami

    Shinigami Formula Junior
    Owner

    Aug 2, 2005
    465
    Gland Switzerland
    Full Name:
    Heikki
    The 360 hasn't been driven enough, I also wouldn't want a Spider, so in this instance the 430 would be my choice.
     
  17. miken168

    miken168 Rookie

    Feb 20, 2017
    4
    Gents,

    Thanks for all the great opinions and advice! Really excited to be getting into an Fcar as I'm coming from a 997.1 Porsche Turbo.

    I know some of you mentioned my profile being light, etc. So some more details on how I will use the car:

    - Weekend car
    - Only take out in good weather
    - I baby all my cars
    - At most, maybe 1-2 light track days (at most!)
    - Spirited driving on backroads

    Currently have a 997.1 Turbo and a RS6 as my daily driver. And someone commented on both cars being in the $90-100k range, and that's correct. I'm trying to be responsible on price range for my first Ferrari before maybe taking the leap into the next echelon with a 458, etc.

    I typically drive the weekend car around 5k miles/year so had the same thought someone mentioned which was:
    - After 2 years, the F430 will have 40k miles while the 360 would have 15k.

    I'm 100% not buying the cars for appreciation or guaranteed resale, but do have concerns as to whether a 40k+ (I would prob sell after 2 years) would be any less desirable vs. a still relatively lower mileage 360.

    You guys mentioned maintenance on the 360. Would that apply even in the case with the belt, etc. having been done recently already?
     
  18. miken168

    miken168 Rookie

    Feb 20, 2017
    4
    And yes, I absolutely plan to drive both this upcoming week before making a decision, that's definitely the most key part! :)
     
  19. boostd

    boostd Karting

    May 4, 2014
    68
    If you're coming from a 997.1 turbo, the 360 will disappoint you in every aspect outside of exterior appearance.
     
  20. kiryu

    kiryu Formula Junior

    Mar 28, 2016
    407
    Los Angeles
    I think both are great choices for entry into Ferrari... (not that I have owned any other F other than my 430..), relatively modern, reliable, well priced. If u are selling in 2 years (which is a really short amount of time)... the 40k miles 430 might be at mid 80s, high 70s if u are desperate. The 360 is tough to say tho, I felt their pricing have gone up in the past 2 years. 90-100k for a 360 today might be inflated? Buddy of mine sold his 360 for the same price he paid 2 years ago, he bought it with 4K miles. If the market trend for 360 continues u will be in good shape in the 360, it all just depends how hard the 430 drops which might push 360 lower. But if the 360 corrects back in pricing u might be looking at a 20-30k loss...def think about depreciation. As for maintenance it's hard to say with f cars. U might pay more for maintenance on the 360 but also pay more for repairs on the 430 on the wear and tear items


    Sent from my iPhone using Tapatalk
     
  21. barabba

    barabba Formula Junior

    Jun 7, 2007
    683
    Ticino / Zurich
    I'd go with the 430, unless you really fency a spider
     
  22. BladeMD

    BladeMD Formula 3
    Owner Rossa Subscribed

    Oct 20, 2015
    1,140
    Sarasota, FL
    Full Name:
    Hannibal
    This.

    The F430 sounds like it will be a more reliable driver.... assuming that's what you want.
     
  23. DougDish

    DougDish Karting
    Owner Rossa Subscribed

    Jul 13, 2010
    190
    Northern NJ
    Full Name:
    Doug
    You mentioned occasional light track days. Remember, local tracks and/or clubs may restrict their event to NO Convertibles. Just ask event organizers in advance and know this before you purchase your first Ferrari.
     
  24. Cinque

    Cinque Formula Junior

    Aug 4, 2012
    402
    West Coast
    If you truly plan to sell in 2 years, I think both cars would present challenges with resale.

    With the 430 I would be concerned about the fender bender. That will always hurt you at resale with a Ferrari, especially on a car where literally hundreds of F1 430's are for sale, buyers can just skip to the next car. Also as you mentioned, 40k miles in 2 years of driving is not an easy sell either.

    With the 360, there was a recent thread on here about if F1 360s are a sub $60k car, as the owner was frustrated to have had had his car for sale for a long time with little interest. It is definitely a buyers market for F1 360s currently. The F1 gear box on the 360 is pretty slow, and very dated by modern sports car standards. This older F1 doesn't appeal to a lot of sports car buyers that aren't loyal Ferrari guys like us.
     

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