Price on a 99 manual | FerrariChat

Price on a 99 manual

Discussion in '360/430' started by raffpal, Jan 21, 2012.

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  1. raffpal

    raffpal Karting

    Oct 10, 2011
    103
    Los Angeles, CA
    Full Name:
    FFR
    Hello everybody how much should i pay for a 20k miles 1999 360 manual. basic car.
     
  2. TheMayor

    TheMayor Ten Time F1 World Champ
    Rossa Subscribed

    Feb 11, 2008
    106,167
    Vegas baby
    How much do you want to pay for it?

    Take that, lower it by 7% an tell them that's what you want. Negotiate from there.

    In the end, it doesn't matter what others pay for their cars. It only matters that you find the car you want at the price you want to pay.

    It's not a game to find the cheapest car in America. It's finding something you want at the price you want to pay.

    Good luck!
     
  3. MrRdStr

    MrRdStr Formula Junior

    Feb 24, 2008
    729
    Southern California
    Full Name:
    AJ.
    Base Model = Mid $60's IMO, assuming it's a no stories car and properly cared for.

    Nothing like a good old gated F-Car. Good luck with your hunt ! Post some pics if you get the car.
     
  4. PFSEX

    PFSEX Formula Junior

    Jun 30, 2006
    843
    Las Vegas
    Full Name:
    John Ratto
    There are a lot of variables.

    Color...interior color...condition...miles...tools/books/keys/fobs...history, service records

    I would say that mid $60Ks will get you a decent car in a reasonable color in fair condition with a lot of miles on it - for a Ferrari anyway (figure over 25K).

    If you want a red-tan, low miles, just serviced, pristine interior, cream puff, the price can easilly go to the low $70Ks or even the mid-70s.

    Interiors are delicate and wear fast, especially if the owner is an oaf. Interior condition will tell you a lot about how the car was taken care of.

    Private owners with nice cars usually know it and try to get top dollar.

    Dealers often advertise what prove to be fright pigs for sale with no history (which is bad history) and lots of missing stuff...and shrinking leather on the dash and a tear in the seats and a few dings in the paint and body. It will take a sack of cash to make one of these as nice as one of the already nice ones that is only $7K more in initial price.

    Buyer beware.

    You get what you pay for.

    Just some of the old sayings that are really true when buying used Ferraris.
     
  5. mksu19

    mksu19 Formula 3

    Jan 4, 2008
    1,864
    LAX / YVR / MNL
    Full Name:
    Capt. K. Banzon
    #5 mksu19, Jan 21, 2012
    Last edited: Jan 21, 2012
    Looking for a cheap Ferrari is the wrong mentality to have when gaining entry into a wonderful automotive experience. Look for the best one within your price range instead! If you have to be frugal and must have an Fcar, I suggest getting into a well maintained 348 or a nice 355 with all the issues resolved.

    Granted, a 360 is a better car but a cheap Modena can potentially be a headache and be costly if not properly cared for. I only suggest this as I do not wish you or anyone to get bitten and have a terrible experience with the Modena in the end. Be that as it may, good luck on your quest and may everyone have a bountiful new year!

    Happy motoring!!!


    EDIT: Carfax is worthless so don't base your judgement on it alone. Take any car to a qualified tech to have a PPI performed prior to your decision. ;)


    ---
    - Ken B. posted this from his iPhone using Tapatalk.
     
  6. rmani

    rmani F1 Veteran
    Owner Silver Subscribed

    Nov 1, 2003
    7,334
    NJ
    Full Name:
    RMani
    Assuming its been serviced 70k. no service or records 60k
     
  7. raffpal

    raffpal Karting

    Oct 10, 2011
    103
    Los Angeles, CA
    Full Name:
    FFR
    sounds good. thanks everybody. it's service red/tan. manual seats. rare moonroof and gated shifter. no shields
     
  8. vrsurgeon

    vrsurgeon F1 World Champ
    Silver Subscribed

    Dec 13, 2009
    16,540
    Charleston, SC
    Full Name:
    Curt
    Know what your budget is, work with that.. and buy a car with that budget.

    Go on cars.com, autotrader and ebay. Look at what the prices are there on average for a 99-2000. I presume that you have done that and are asking the community for their take? Looks to me mid-60's seems to be about right. A Pre purchase inspection will tell you what to offer, based on what it needs. Needs clutch, deduct $3-6k, needs major service, deduct $3500.. and so on. Hello kitty painted on the hood with bright green interior, deduct more, etc.

    If your budget is $50-60k, then no matter how perfect the $70k car is.. it's not going to work. As a buyer of a sub $65-60k car.. I can tell you, a cheaper car doesn't necessarily have to be one step from the junkyard. Mine has been a wonderful, reliable experience...

    Look at the asking prices, follow bdelp's advice and have fun...
     
  9. raffpal

    raffpal Karting

    Oct 10, 2011
    103
    Los Angeles, CA
    Full Name:
    FFR
    excellent advice. thank you
     
  10. Testacojones

    Testacojones F1 Veteran

    Nov 3, 2003
    5,198
    Florida
    Full Name:
    Luix Lecusay
    The "moonroof" is rare because owners didn't order many with it, really rare indeed. If you like it then go for it, but at resale it might be a little harder to move.
     
  11. Kouki Monster

    Kouki Monster Formula Junior

    Feb 26, 2007
    422
    Washington
    Full Name:
    AJ
    I have not purchased yet, but I never really thought people negotiate for cars like this. I figure its either you buy it for that or you dont.

    I can maybe see how a maintenance thing could knock down asking price, or equate it into the asking price for getting the services done etc
     
  12. MVDESQ

    MVDESQ Formula 3

    Nov 25, 2010
    1,581
    Greenwich, CT
    Full Name:
    Matthew & Kristen V.
    Where is the car located? Do you have pics? Factory sunroof cars are cool. I've only seen a few. Good luck.
     
  13. rmani

    rmani F1 Veteran
    Owner Silver Subscribed

    Nov 1, 2003
    7,334
    NJ
    Full Name:
    RMani
    sunroof hurts the value imo. Yes it's rarer but there's a reason why, few people wanted it because of the way it looks. As long as your happy with it that's all that matters but i would use it as a negotiating tactic to get the seller to come down on price.
     
  14. vrsurgeon

    vrsurgeon F1 World Champ
    Silver Subscribed

    Dec 13, 2009
    16,540
    Charleston, SC
    Full Name:
    Curt
    Sun "Port hole" or sunroof is hit or miss based on preference. My car doesn't have it.. I think it's kinda cool, but OTOH I'm not 6'6" either.. :)
     
  15. raffpal

    raffpal Karting

    Oct 10, 2011
    103
    Los Angeles, CA
    Full Name:
    FFR
    i drove it yesterday and i have to admit the sunroof does have a weird look about it. it just doesn't fit the image of the car. i'll make him an offer and well see. if i get it i'll post photos
     
  16. ar4me

    ar4me F1 Rookie
    Owner

    Apr 4, 2010
    3,114
    Southern California
    Full Name:
    Jes
    You generally negotiate - just like any other used or new car. Some are firm while others have factored in room for negotiation and may be willing to part for less than asking price... IMO it is prudent (if you care about your money) to find out where seller stands - sometimes you will be surprised.
    Jes
     
  17. mksu19

    mksu19 Formula 3

    Jan 4, 2008
    1,864
    LAX / YVR / MNL
    Full Name:
    Capt. K. Banzon
    #17 mksu19, Jan 22, 2012
    Last edited: Jan 22, 2012
    There's (what seems to be) an unmolested 360 Challenge ('01? I believe) up for grabs for a little over $80 G's in Agoura. I stumbled upon it while test driving a Murci in the area yesterday. Owner is willing to negotiate as it needs servicing. If I'm not mistaken, it has just under 20k miles on the clock. It's a red/red car with all the challenge goodies and gold (powder coated) challenge wheels. Lots of tasty alcantara and CF goodies. PM me your email add and I'll send you the info.


    ---
    - Ken B. posted this from his iPhone using Tapatalk.
     
  18. star4747

    star4747 Formula Junior

    Dec 28, 2010
    363
    Midwest - USA
    Full Name:
    Rick
    Here are a few things to think about that may add value to the 1999 car (just my 2 cents)

     Has the same dealer serviced it all it’s life? Someone who knows the car and sees it for yearly fluids, has completed the belt services, the major service and completed campaigns.

     How and where is the car kept? Here in the midwest we only drive our f-cars in the summer then store them inside nice heated garages for the winter, temps in the summer rarely get above 90. The dash will give you many clues about the car has been cared for...

     Clutch wear and brakes need to be analyzed, more so with an F1 trans, clutch can be a pricey bit to fix / replace

     ECU been updated? Some of the early ones have gone back to Ferrari and been reflashed with upgrades to the engine management software.

     Campaign 148 OBD connector? Campaign 97 varators? Other campaigns or recalls? Call Ferrari North America give them the vin number and they can tell you if any are outstanding.

     Daytona electric seats (very comfortable)

     1999 no “pre-cats” many think that is a good thing

     Books, keys, cover and of course the all important flashlight :)

    A red/tan ready to go could be $74k ~ $82k If you find one for say $68k that needs a major with belts, pulleys and bearings, fluids, brakes, clutch, tires... now you’ve just gone past $80k on a “great deal” car.

    These ideas & numbers are a bit more for a red/tan F1 coupe (that’s what I am in for next)

    I’d be slightly less concerned about miles and more affected by service history and how the car was cared for.... also I am assuming it has not been sitting in a garage for the past 5 years collecting dust and not being driven, that is a completely different set of issues!

    Hope this helps

    Rick
     
  19. raffpal

    raffpal Karting

    Oct 10, 2011
    103
    Los Angeles, CA
    Full Name:
    FFR
    good to know. Thanks Rick. i'll call Ferrari NA and ask them these questions. i got the vin #
     
  20. Rod361

    Rod361 Formula Junior

    Jun 9, 2011
    399
    South Texas
    Full Name:
    G Rod
    get what u really want and what ur willing to pay...I didnt see about the moon roof i wouldnt like it but others may...65-70ish if service up to par and is in good condition with all books/keys/upgrades/history and 20k miles is NOT alot just means it didnt sit in someones garage...i did two PPIs on one local 360 and another out of state and walked away from both before gettin my 2000 nero f1...best of luck!
     
  21. TZL

    TZL Formula Junior

    Dec 15, 2003
    289
    Atherton, CA
    I think it's worth higher $60's to mid $70's depending on variables (color, services etc)

    I haven't seen a car in the low $60's that is either clean or no stories or decent mileage



    I'm toying with selling my '99 argento/black 6spd, clean, pm if interested
     
  22. mksu19

    mksu19 Formula 3

    Jan 4, 2008
    1,864
    LAX / YVR / MNL
    Full Name:
    Capt. K. Banzon
    :ttiwwp:

    ;)


    ---
    - Ken B. posted this from his iPhone using Tapatalk.
     
  23. raffpal

    raffpal Karting

    Oct 10, 2011
    103
    Los Angeles, CA
    Full Name:
    FFR
    ok thanks
     
  24. TZL

    TZL Formula Junior

    Dec 15, 2003
    289
    Atherton, CA
    #24 TZL, Feb 1, 2012
    Last edited: Feb 1, 2012
  25. Pud

    Pud Rookie

    Jan 29, 2012
    35
    34432
    #25 Pud, Feb 2, 2012
    Last edited: Feb 2, 2012
    http://www.cncexotics.com/detail-1999-ferrari-360_modena-used-7334822.html
    Free CarFax report notes long hx of failed emissions and then passed and then again failed.
    Wonder why ? I would go nuts watching that CEl all the time. I have a Porsche 993 that just about always shows it's CEL (clogged SAI or bad O2 sensor(s)-four of them). Don't like the color but the stick and sunroof would be perfect. Price seems tad high though. Also, the CarFax notes the 2nd owner only had it for 24 days ! Guess the CEl drove him nuts ? Are the drilled rotors stock ? No mention in ad of the sunroof but one of the many pics shows the sunroof (sort of).
     

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