VIN: ZFFYT53A010125384 PRICE: $93,000 MORE INFO: Universal Autosports | 2001 Ferrari 360 Spider Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login
The new price might help, but there are a LOT of 360 spyders looking for homes right now...I think sellers aren't really adjusting their expectations to the realities of the market. This one has adjusted a little, but I think about $80-83K is where it should be/where it will sell Early 430 coupes are hovering around $100K; I for one would pick that over a 360 spyder if the spread was less than 10K. That's another issue; the supply of 430s on the market has grown a ton in the last year, and their depreciation is accelerating. That'll affect 360 prices, much to the distress of owners & sellers who are/were thinking those prices were leveling out. But for people like me, who plan on buying their first Ferrari this coming spring...it's all just great!!
Huh? A lot of 360 spiders on the market? Where? I think this is a very reasonable ask from a reputable dealer, I'm sure they have some room for negotiating, but what do you want for a very low mileage piece? On another note, it's interesting that this car has yellow stitching on everything but the seats. I have not seen that before.
There are 80 of them on cars.com; that's more than all 308s, 328s, 348s and 355s COMBINED. And that's just the spyders... Yeah, that's dwarfed by the # of 430s and 458s you'll see there, but like I said, that glut is going to affect pricing of all the modern V8 cars. And it's not anything one can predict based on traditional depreciation/resale models, cuz the volume of cars has ramped up so much. There were about 10,500 355s made, 16K 360s, about the same # of 430s (maybe less, due to the crash of '08), and probably over 20-25K 458s when the last one rolls out of the plant. This is uncharted territory, but back to the car at hand, the original asking price of $93K is undoubtedly the answer to the "why so little activity on this car..." question posed the other day.
I hate to do it, but I have to, and I mean it to be educational, not righteous. Ferrari refers to their open cars as "spiders", not "spyders" as in your last two posts. I wasn't going to say anything until you posted it again for the chance of a typo . As far as your reference to whats on cars.com, out of those 80 listed, 79 as of a second ago, only 26 of them are under 10K miles, and only two of those are priced under this car the majority of them are over $100K asking. I personally feel this particular car is taking a little longer to sell because of it's color, yellow always narrows the market a bit. I really like it though, not only for the look but being Modenas home color to boot.
5K will not stop a buyer or a dealer from putting a deal together. These are not budget Honda's where every $100 matters to both. I love the car and color. GLWS