Is 30k Miles a lot for a 2000 F1 360 ?

Hi There,

I have been offered a 360k with 31 000miles for sub 95k$. However, the person bought it from someone else and don't know much about the "service" that has been done. The car look and run great. Car is a Y2000. What should I be aware of and pay special attention to ?

Thanks
Bo

 

Ferraris are very mileage sensitive. Even if you barely drive it you'll be pushing 40k miles shortly. IMO it needs to be a sub-$90k deal with those miles.

 

What Jeffery said. And I would also make every attempt to try and find out what services were completed and by whom. You can start by checking the Warranty Card and Owner's Service Book providing there is one. This book details the vehicle's VIN no., engine no., original selling dealer, date in service, original owner's name, and scheduled maintenance services which should indicate the service facility's name, (dealer stamp) and date when the specific service was completed. If you are unable to obtain any service history I would factor in the cost of a 30K major service. If you decide to move forward run a carfax and have a pre-purchase inspection performed by a professional Ferrari Tech and confirm that all recalls were completed.
Good luck!

 

I've got 37k miles on my car.

 

Hi,

Do you know what a major 30k service consist of and how much it should cost ?

Thanks

 

If you are on a 6,250 mile service schedule, the service will be due at 31,250 miles. It consists of engine oil and filter, change gearbox oil and clean filter, replace activated charcoal filter, timing belts, auxillary belts, pollen filter, air filters as ness, and replacement of clutch/brake fluid, as well as all the other checks (including diag. check) undertaken in the course of the service. The book time for this is 14.3 hours labour, i'm not sure cost-wise in the states, but in the u.k you would be looking at £412.85 for the parts, and £1,279.85 for the labour. In total with tax you would pay £1,988.62 in England, hope this helps...

 

Approx. 4K

 

My car is also a year 2000 360 and you need to have an authorized ferrari dealer look up your car, by VIN number, on their network to see how many of the factory "recall" items were taken care of. For our cars, there were a number of them, but none more important than one called the Cam Variator Campaign. You'll find another thread on this subject elsewhere in the list of 360/430 topics.

Your car's mileage and age both mean it needs a 30K service. If it hasn't had one, as mentioned earlier, you need to factor that cost into the price you pay. From my experience $4K may be what non-factory shops will charge, but if you need the cam variators taken care of, only a factory shop can do that work (and not charge you), but you'll pay more for the 30K service too.

No matter what, assuming this work hasn't been done, this service interval is going to cost you some cash.

Regarding mileage, 31K miles (4500 miles/year) is not that many miles for a 7+ year old car. There are a number of 360/430 owners on this forum who drive more than than that regularly.

Remember, rush into something like this and you'll very likely end up regretting the decision and none of us want to see that happen to you.

Buy with the logical side of your brain... get a PPI (inspection) done and check on the campaigns. Once you do this and feel you've found a great car, then buy it and send us some pictures.

We'll all celebrate with you!

Good luck,

Frank