There are definitely less CS's for sale now then in the recent past. Inventory alone is helping to keep avg asking prices afloat. I've got avg ask at $148k with 26 examples for sale. May have seemed that way, but not in my case. When I was shopping there were 35+ for sale at any given time with an all-time high of 47 available for nearly 3 weeks straight. Times have changed. Sure, there are a couple examples at rock bottom prices ($105k and $119k) but for the most part prices seem to be stabilizing hence the solid avg asking.
Stokpro: Didnt he have a set of Rosso Scuderia calipers mounted at a cost of almost 10k (if memory serves me correctly) with full documentation of the work done at the dealer?
That's correct. Nothing was wrong with his brakes; he simply preferred rosso scuderia colored calipers over the black ones that originally came on the car. He didn't want to paint them so he bought a whole new set. He's a high roller. lol
Thanks for laying out the facts. This whole mileage thing is so...I dunno, weird. So my car has 14k, which means less than 170 miles each month of its life on average, accordingly I think of it as barely used...but then there are all these CS's with 4-8k miles, or more like 50-100 miles per month on average...even less used. Then along comes a car like this one with 28k miles over ~84 months (I don't know the exactly in service date), or 333 miles per month...again, not much...but the "market" and all of us ferrari folks think of it as "high mileage"... I'm mean, consumables are replaced constantly in these cars (fluids, belts, tires, pads, etc) based on age anyways...so what does 28k vs. 6k really mean??? (I'm really curious...do mechanical parts wear out at 28k or 40k or what on these cars, and what parts?) Yes, I know clutches wears out...I would venture that a 28k car would be on its second or nearing time for a third clutch based on what I've seen with these cars... But what else wears? valve-train? Drive-train? Electronics? Suspension? what? This car is 20-60k less than others simply based on mileage (largely anyways). So is the shelf-life of these engines and systems 50k miles and thus the steep proration? There are so few of these (ferrari) cars that ever get 50k+ miles (I know there are a few 360s out there with that many and much more, but, what, 90% of them have 30k or less and CS's seem to have an average of less than 10k at age 7.). So...weird... Any insights appreciated.
I think the discrepancy here can potentially be resolved by looking at the flexibility in asking price of the car in question. Whereas I have found that a number of the higher priced cars can be had for $10,000 or more off of the asking price, I was told the last time I inquired about this car that the seller was absolutely firm as $105,000. While I don't know that he is still firm at his asking price this time around, I am pretty sure that there isn't $10,000 of flexibility in the deal. If there is, this is really a steal.
http://cgi.ebay.com/ebaymotors/2004-Ferrari-360-Challenge-Stradale-Clean-title-9000mi-/250871815821?pt=US_Cars_Trucks&hash=item3a69201e8d#ht_500wt_724 didn't someone just buy this car from florida. they didn't have it but only a couple of months. i think the owner was on fchat?
yes and yes. previously discussed. http://www.ferrarichat.com/forum/showpost.php?p=140726537&postcount=2095
I've seen some higher mileage Strads with less clutch wear than cars with just a few thousand miles. I think a lot of it has to do with how it's driven. The owner of that 28k miler was on a mission to be the first to reach 100k miles in a CS. I know of two other Strads with even higher mileage; one just under 40k miles and the other over 40k. Sure, there will always be the normal wear and tear items but really these things get tighter with more use. yeh, darn pricey. Some dealers charge arm and leg to have them repainted, too. Find a reputable body or paint shop to do it. Just make sure they can do the scripting right. I've seen some bad ones.
Ok maybe under 15k miles. The yellow one recently sold and then wrecked, and the blue one with the modified blue interior went for under 120k if I remember right.
My 16k mile car has only 16.2% clutch wear to date and it's getting it's timing belt and 15k service done right now. Clutch should be good for 100,000 miles at that rate
Mine had the clutch done at about 25k last year. Could have gone longer but was done for the cost of parts alone as the rest of the service was already being done. 27.5k so far and zero issues with mine.
Wow the $105K CS has got me all confused... and I might need some assistance from people with CS experience. Here it is: I am (was) all set in exactly the car I want -- 03-04 360 spider, 3 pedal, red/tan. For the particulars I want (3pc wheels, daytonas, exc shape and maintenance, etc) I'm looking at $90's-$100's. The 3 pedal has been my most important requirement because shifting is my favorite part of driving -- it's a visceral thing. All set in what I want... now it's just a waiting game for the right car to become available. Then along comes this $105K CS on cars.com. It's essentially the same price as the cars I am looking at. I never considered a CS because it was out of my desired spending range and I wanted a 3 pedal convertible, not an F1 coupe. However: 1. People really talk so highly of the CS (almost in awe) as if it's an entirely different beast, different driving experience, and the most raw race car experience you can have. A true home home run by Ferrari. 2. It's a rarer car with an enthusiast following and is much more expensive. 3. Even on this board, people are talking about this car being a great deal if you don't mind the mileage. So now I am thinking, I can pull the trigger tomorrow and get this CS. It sure sounds like a great deal. So here it is, do I buy at the perceived highend/top of the 360 spider market for a 3 pedal spider just the way I want it, or buy at what is perceived as the bottom of the CS market? More directly, is the raw driving experience of the CS so spine tingling as compared to the spider that it overcomes the fact that I would be getting both a F1 and a coupe, when I wanted a conv and a 3 pedal? Keep in mind I do love the "driving experience"... that's exactly why I am getting an FCar and getting a 3 pedal... so in many ways the essence of the CS fits my personal preferences. The real answer is "Only I can decided" and that I should test drive both and make up my own mind. The problem is doing that. There are no 3 pedals around me for sale and CS sellers don't go giving test rides so you can check it out. I'll call FoTB today and see if they can arrange something. My 13 year old son says "Dad, you want a conv and a 3 pedal, don't consider a CS." Part of me agrees, another part things there could be a great opportunity to get a magical car. There must be a reason people hold the CS in such high regard and there is a reason they sell for 75% more than a Modena. If I can get one for Spider pricing, maybe I should. Very wishy-washy? Yes. Would I like some input? Yes. Normally I would do my own research and let time make the decision for me, but in this case I have a feeling it's something I have to do quicker and thus am seeking input from others. Thanks!
I don't have an answer for you. It looks like you have figured out the way to do it. But what I want to say is "what a heck of a quandry to be in".
Is it your only sportscar? Do you live somewhere a drop top can be used a lot? I always tell anyone that if you only have one car for pure enjoyment it needs to be a vert. 95% of driving these cars is done on perfect days and there is nothing close to a nice day. Dropped top and the wind screaming by. 360's are great cars and capable of way more than most expect. Get a cs as a 2nd Ferrari and take your wife on a weekend trip with the top down.
I agree with Mark..yesterday as I came out of the supermarket, it was a nice day and I spotted my neighbor in his BMW vert, sunglasses on all smiles just enjoying the day. That's what the sports car experience is all about.
Id go for the CS. Who cares about mileage? I'd care more about service history and accidents. That's what's important in the long run. It's really not even high mileage in the grand scheme of things.
Live in FL so a convert can be used all year-- in fact in Summer it is too hot for a convertible-- better in the Fall, Winter, Spring. Miles don't bother me. Question is about: 1. f1/coupe CS driving experience vs 3 pedal conv. 2. perceived value-- spending $95K on spider when bottom is buying similar cars (coupe, off color etc) for $70K... or spending $105K (and being the bottom) when others are paying $130-$160K for a CS. I'll have to try and get a ride in both quickly.
That's a valid point. Although I'll never look at it as an investment. I know the spider wil depreciate along the lines of a 355 give or take, but with the CS even though I'm sure it will still depreciate, at $105K it's not inconceivable that it could hold value if cared for well.
