360 monthly market USA price index

Will be good to follow. Thanks.
How/where did u get your data?
How did you determine 3pdl vs f1?


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I'd venture that more than 50% of the ads which list the transmission as "manual" are wrong. So that's going to skew the data on 3 pedal cars unless you're manually (no pun intended) validating the data.

 

I did not click any links but it is a real pain to find 3 pedal 360 cars. There are may be 10 active ads in the US right now for Modenas (from the big 5 car sales web-sites). I want to say that half of those are cars with "questionable provenance" that have been for sale for more than a year. I am not sure what you are showing in the data but each claimed manual transmission car ad must be verified with a photograph to show it is an actual boy car! LOL

In the case of cars.com. If you filter for "Modena" and "Manual" 1/4 of the cars that they are return are actually Spiders if you look at the pictures!

 

I think you underestimate the # of misrepresented cars.

I feel the sellers have 2 reasons for misrepresenting transmissions

1- many sites insist you pick 1 of 2 choices for transmission field (manual, or automatic). An F1 is technically a manual, and I could almost understand not wanting to list an F1 car as automatic. It would pain me to choose automatic, as an insult to the F1. I don't think most of the sellers are being dishonest or careless. But just trying to differentiate the F1 manual from many people's vision of an automatic ie a slushy GM turbohydromatic

2- dishonest, just trying to use point #1 to have more eyes see the ad in the hope a potential buyer would switch from 3pdl to F1 after seeing the ad. This would assume the sellers feel the majority of buyers are flexible on tranny choice with a preference for 3P. So the ad would be a bait and switch. Not sure about this one, and it's a bit 3P-centric.


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Much appreciate you doing this - very useful information.

 

Thanks for posting.


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Will you be including Challenge Stradale's? I see a lot of very high prices but not sure what they are truly selling for.

 

Hi Stu. It would be nice if you could include Stradale prices. Thanks for all your efforts.

 

Sold this past weekend.

* Warning *
I have a dealer's license. Some folks get really upset here when I post while offering a car so I now only comment when it is sold.

Most of my posts have been in the Lambo and 365 GT4 2+2 categories recently. But I wanted to share with you ladies and gentlemen a bit of good news with regard to the 360 market.

I sold a 2003 F1 Spider in 2012 at Monterey California. It was offered at the Mecum Auction and sold to a gentleman in Toronto.

https://www.mecum.com/lot-detail/CA0812-137567/0/2003-Ferrari-360-Spider-F1/

The buyer contacted me a few months ago indicating that he was finished enjoying the car and desired to sell it. We both agreed that it would be in our best interest to offer the car at another Mecum Auction and chose the Dallas venue this past weekend. You'll obviously notice the pictures are the same since he only drove the car 600 miles over the past 3 years.

https://www.mecum.com/lot-detail/DA0915-225402/0/2003-Ferrari-360-Spider-F1/

Sold in 2012: $105k hammer price. ( $113,400 including buyer's premium.)
Sold in 2015: $120k hammer price. ( $129,600 including buyer's premium.)

A few caveats now:

The two last bidders both traveled there specifically to buy that car. One was local (who won the auction) the other was a gentleman from Florida who had sold his Dino last year. They both were knowledgeable about the brand and model. And to be very fair, the car was simply as good as I have ever seen for a 12 year old Ferrari. We fully serviced the car including the updates recommended. While there were other cars at the venue (most of which did not sell) they were not presented as fully serviced and detailed.

Just thought I would share this with you. It is of course an anomaly at this high of a price but certainly shows the passion for the right 360 when they are cared for. The actual sale might make the Mecum TV show this coming Thursday. NBC Sports, lot 105.1.

Cheers,

Scott