Oh great just bought my 1st 360 and it turns out to be a Euro model

Dude, go drive the hell out of her and post a picture here!

 

I think you are just upset that you thought you could buy it and drive it for a year and still sell it and make some money..

 

ive got 68,000 km on my euro 360 , for some reason they are quicker and more reliable than US cars , ive worked on plenty of them over the years and my car sees quite a bit of driving , i think you will have a wonderful experience with a euro car , and remember ...when your ready to sell , there is always someone looking for that car ....its all about timing ...start advertising it in a few months just to test the waters , you just never know ....enjoy

 

If you go to court you will win. Almost everytime a dealer and a customer battle each other the judge and jury side with the customer. People hate dealers. When I went to dealer school we learned alot about these court cases. Even if the dealer is right and things are written in paper, the courts tend to side with the customer. Even when we repo a car and follow the law exactly the courts have sided with the customer. If we appeal there is a chance we could win. But the costs are so high that it makes more sense to just let the customer go and make money from a new transaction.

All dealers have a bond. The bond is used to refund customers money from scams that dealers play. They usually are about $50,000. This should be a good case for you. And I recommend you pursue it with your lawyer. The dealership will cave in eventually if they are smart. If not the court will issue you money from the bond. Contact your dealer board or DMV for questions on how to take action against a dealer that is using fraudulent practices.

 

I am from europe and now I feel dirty

This is real BS. People have the same attitude here " oh no it is a US import". It is a car made by the same manufacturer so no big deal for me.

 

Not true, manheim auctions sell Euro cars, the difference is that they're disclosed "Euro".

 

I totally agree they should have informed you about the fact it was indeed an import but ultimately it sounds like you got a good car at a good price. You paid less and you'll sell it for less come resale so where is the big problem? If you like the car I wouldn't worry about it too much. It gives you even more reason to not worry about putting miles on it and feeling guilty.

As for European cars (if Federalised correctly), they are a fantastic buy, they are cheaper, lighter and handle better as a result. Sure, there has been a lot of bad press put out [and lapped up by a lot of individuals and the media] mainly by vested interest groups against personal or grey imports (protectionism to keep their profit margins higher) and blatent attempts such as not servicing a 'grey import' but in reality they can be a good buy for the savvy purchaser who's prepared to do some homework for a better price, especially on the older vehicles which are being serviced at a specialist Ferrari independant garage.

Lets not forget all the type approval stuff added for heavy US spec kit such as upstream header cats and air injection for the first few seconds of cats warm up. There is nothing wrong with an import which doesn't have this as long you can pass it through your yearly checks in your state, you do your homework and save your money (and unnecessary weight). You will for sure get a better price because US car prices are artificially propped up compared to elsewhere in the world.

All that extra emissions stuff requried to pass strict smog tests in CA bog the car down, extra cats [heavier than Euro cats], lots of extra weight, extra stuff thats actually blunts acceleration and harms performance and ultimately enjoyment of the car.

Enjoy your car!

 

It will be quicker... Why?

1. Lower weight,
2. Less restrictive lighter weight cats (= more power)
3. Less strangled by emissions regs and US specific engine mapping (again emissions).

 

I bought a euro a few months ago. it has a "b" in the vin instead of an "a". A carfax should have shown that. My carfax said in the first line that it was a non us car, and the second line showed that it passed dot and the bond was released. The Ferrari dealer said that what makes or breaks a euro is who did the us conversion and if you have the paperwork on the conversion (if the conversion did not use oem parts you will have trouble on the resale). as for the price it should be about 20% lower than a us model.
also if the car was sold "as-is" by the dealer, he is off the hook. It is up to the buyer to ask questions and if you ask if the car was us and he said yes, than he would be in trouble. but if you did not ask the question, than he did not have to tell you.

 

I would be more concerned about accuracy of the odometer than euro spec at this point.

You should scan the ECU to make sure the VIN matches your car. If the ECU was replaced, the mileage stored in ECU would have been wiped out. Plus, you will not be able to smog the car if VIN does not match.

Other than that, I think you should enjoy it. 78k is a good price, if not a steal. I think the dealer priced it lower but just didn't disclose it. You bought it and they know they didn't tell you it's a US spec. So that's why they won't take the car back. You really have to do your homework. At least it's not a wrecked car. So be happy with the good deal you got and enjoy

 

I thought all 01 spiders were Euro?

 

Nope, all 2000 (well, almost all) are Euro specs.

 

Return the car immediately, the dealer knew very well the car was imported and he never disclosed that to you. You will have a very hard time selling in the future + there are plenty 360 spiders for sell at prices similar to what you paid.

 

This whole euro think reminds me of discrimination & racism... to treat a car in this manner is a blow to its self esteem.... we should welcome the euro car with open arms & treat it with the dignity of any other car in the USA...

This is such a discriminatory policy the US has...

 

?

 

I agree with this comment. I have owned 2 Euro models out of 3 Ferrari's.

 

Its funny that people still look down on Euro models. The funny thing is, the US cars are the "bastardized" cars, as they are changed from Ferrari's ORIGINAL design. Just another perspective. I owned a 2000 Coupe yellow 6 speed, and it was a great car. In some cases, as fast or faster than a Stradale when going head to head.

As mentioned, the Euro models will be lighter and faster, and less risk with precats/headers going out. And a bit louder, which is a plus in my book. The dealer should for sure have known if it was a Euro and disclosed it as such, everyone in the industry knows this is a polarizing and significant issue to most buyers. But if you are happy with the car in every other aspect aside from being a Euro, I'd keep it if it were me..

 

I don't think people look down on them, just expect to buy and sell them for less. Heck, given the choice I'd take the Euro at a price discount as I drive my cars.

 

If your gonna drive it who cares.

Id probably rather have a Euro car if it was going to be a driver........

Enjoy it!!

I do agree the seller should have disclosed it though. See if you can beat them up for free fluids this winter or something like that

 

I think it was from the dealers scaring the buyers into buying US cars, to promote sales.. tales of denied warranty, etc. Thats all moot now since the 360s are all out of warranty. But you are right, in general buy for less, sell for less. Same net difference.

Drive it!

 

Did I miss something or did you tell us who the dealer is

 

When you were looking and buying, I know being a dealer you were focused on condition - which really is important in enjoying a Ferrari. Your car is absolutely stunning and you got a fantastic price.

Drive and enjoy your car.

When you are ready to sell it, I'm sure you'll have one of the lowest total cost of ownerships for any 360 spyder driver. And much less costly than those of us that have owned our 360 for more than 12 months (through this nose dive).

You have nailed it, well done!