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360 - What would you do?
I am looking for a 360 F1 Modena in the next few months. Now here's the question. There are currently 2 intersting cars advertised, one with 60000kms year 2000 advertised at $240k and one with 5000 kms year 2005 (actually 2004 as no Modena's were made in 05) advertised at $360k.
Now lets forget the actual sell price for now. What I want to know is would you buy the 2000 model or the 2004 model and for what reasons? BTW: It will be used for track days, club drives and 1-2 times a week. |
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#3
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the 04 car still has a lot to fall price wise after you buy but 00 car has too many clicks on the clock but is 120k cheaper , hard choice i guess , good luck
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#4
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I agree with scud as the 04 will still depreciate more over the next couple of years. Id buy the 00 and use the $120K for repairs/improvements to the car. As you said it will see track work. Use the money you save for new slicks/tyres,new clutches,brake pads,or suspension improvements ect..... Although $120K wont get you as far as you probably think it will
hehe
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#5
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Buy the low KM car for current market value, if you can.
Market value is whatever gets the car. Money talks, BS walks. |
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#6
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i could almost guarantee, that you could get most 1999 or 2000 model cars for around $240-250k irrespective of the K's,
try find yourself a lower k 2000 model, and you'll still get it for the same money. I beleive Galleria Veloce have one listed for $239k with something like 12k's on it if memory serves. |
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#7
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All I can say is... when it comes time to sell the '00 360 with something like 80,000 kms on the clock... Good luck!
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Thats when bums like me come in and buy it cheap
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#9
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Thanks guys. Useful info. I am tending towards the 04 Modena but the price would have to start with a 2. It seems the price difference between a 96 and 99 F355 does not vary much so would assume the same for 360's between 00 and 04 (maybe $40-$50k difference). Hence sub $300k.
Any opinions. |
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#10
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because the 360 is a relatively recent model, there will be a price difference between old and new cars, however as they get older say another 5 - 10 years, then the price will be dictated more on condition and history of the car rather than age IMO.
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#12
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Wholesale on '99-'00 360's has been under 200K for a long time now. $240K should buy an immaculate low km car IMO.
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OK, so what would be the rights price for an 04 IYO
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#15
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Buy a high mileage car cheap for sure; but be prepared to own it for a LONG time... |
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#16
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but yeah the answer to the question is the question itself, if you're having a hard time convincing yourself to get a high-mileage item, think how hard it'll be for the next guy. |
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Thanks all.
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#18
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Thanks all.
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#19
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If you've got time on your side - sit and wait till the right car for you comes along (you generally know what you want). Otherwise I'd suggest opting for the 04 over the 00 - low km's and youth are the keys (no pun intended).
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#20
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