I'm trying to get more serious about making an offer on this car. 1999 Ferrari 360 | GR Auto Gallery It's local to me and I've looked it over 3 times now, but cannot drive it until a firm offer is put forth. Records are not bountiful but I'm aware of a recent clutch and basic belt service. The upper dash is bubbling which is a shame b/c the passenger airbag looks perfect yet, the vents are massively sticky and would be replaced at that time (there's no good pics, but they're buckled up with where things are at now). My untrained eye also thinks a brake job will be due in the near future. I was given a number a nice chunk under where their price is posted right now. This car was listed last fall for 67k to my knowledge so that's where I'm basing my starting point at and I am unwilling to even consider an offer higher than that. Tires age seem to be at four years old, but look good treadwise. So what would be a realistic and fair price for both parties with the items mentioned above? I'm not aware of anything else big that's worth mentioning that would affect the value of this car.
Wow that is a great looking car and a stick shift to boot. No mention of records with the car, are there some? Get a PPI and if it looks good go for it.
There are many other things you need to also check for a car of this age, miles and level of maintenance besides all the others already mentioned and usual engine/transmission and clutch ... you already know about dashboard and stickiness. All the potential issues (and weaknesses of these cars) listed below can cost several $$$$ and each one could be considered minor ! Door locks, make sure they actually lock/unlock when the fob is pressed. Window of both doors been aligned when fully up. Door springs (holds the door when open) Motor and transmission mounts Suspensions and boots on all 4 wheels Brake rotors Driver seat bun springs Car alignment and wheels balance, hopefully tires are not dry Ask me how i know this !
All good things and noted. I'll check all those things as time permits me to get there to see it. I planned on a ppi by the local maserati dealer since we don't have a Ferrari dealer close by. Really at this point I need to really see where the owner who has it on consignment is willing to go pricewise. Personally I think fair value falls in the 60-65 range but closer to 60 with knowing the dash and brakes need addressing.
I can't imagine brakes holding up a sale... Pretty minor, even if you need two sets of pads and discs....
They wouldn't, I'm just taking a full assessment of what I can pick out myself. Cheap or not they all figure into what I'd have into it.
Have them check the condition of the positive alternator cable at the alternator with a photo if you are not there. Corrosion indicates replacement (3K) or a splice type fix that you will want done by a good craftsman. What is a basic belt service? No tensioners replaced? New clutch is a good thing! Stickies really arent a big deal, you just have to put some elbow grease and lots of terry towels into it. Dash might be able to fix with heat iron. Date of next major? Manufacture date of tires?
Tired from what I can tell are from 2011. The basic belt service is a piece of paper they have stating a parts list of two belts and two tensioners. Nothing else. Not sure how you'd fix a bubbled dash with an iron if the glue let loose from foam backing... You thinking it would restock it together?
I only recall reading this. I have no experience with it but YMMV... Repairing Vinyl and Leather with an Iron | Automotive Interior Repair with The Interior Guy
But the cars with that rare transmission have gone up Its like arguing with a stock broker and attempting to buy APPLE for 30% less, just be glad its not a CS or a 512 TR! Get a PPI and buy it, if you want the car don't quibble over a few thousand dollars. If it checks out it is worth it, if the PPI comes up with a bunch of stuff you can get the price down with that potentially. Make sure all campaigns are done - variator updates are essential. Stunning car & good luck.
Right now I can't even get a test drive without a firm offer on the table.... no offense to other dealers out there but I think that's pretty much BS. I understand they get every dreamer in the door wishing but when a guy stops by 3 individual times to check things over... you get him in the seat and SELL him on it. But they don't work that way.
I guess it doesn't sound super unreasonable to ask to be closer to a deal to ensure both sides are serious before a drive. I wouldn't let someone drive a car I was personally selling until I knew it was likely to go through, and I wasn't going to get a 10K dive in the offer price from what I am asking. Just trying to put myself in their shoes. Anyway... it seems if you aren't happy with the way things are going... maybe buy from a place that makes you more comfortable?
I honestly think it's a 60-65k car once you factor in the dash repair and an up to date fluid job at the local indy for $1000. If you're one of those owners who's not meticulous like myself then maybe you don't see the asking price as an issue, for me, I do. If this car was fully serviced with a major that was thoroughly documented then I can see even getting more than $67k, but it isn't, and the paperwork I saw for work done was sketchy at best. They seem to disagree with my estimate and are holding their price at $67 b/c two other parties are interested in it at the price. If they can get it, I told them to take it b/c I'm just not a buyer of this car at this price. I figure if I wait a little longer, it won't kill me and it will just give me more time to save for a larger down payment. Also, if it continues to sit and they finally come down into my range then I will see that as a sign. Besides I get my NSX back from it's major this week and it'll be good to go for another 6 years... won't cost me as much to run that all summer.
i'm more meticulous than most... but that doesn't seem to be the point. just trying to share some perspective. from here it looks like they don't have to let you in the drivers seat as they are comfortable that they can sell at the price they have in mind, and you are trying to be more aggressive on the deal. I think you'll find on here that people won't seem shocked by the price, expect a certain amount of freshening up once purchased (personally I like everything wet from a known starting point regardless of documentation), and that walking away from a car that matches someone's criteria can sometimes be regrettable since a match doesn't come along every day... good luck. p.s. love TDF blue
I got ya. I don't disagree either. They feel they have some fish on the line and are trying to maximize things, I'm in sales too, I get it. Personally I would like a car in the 80k range that's newer with lower miles and a more documented service history, this one just happened to be local to me and I said if I can get it for what I feel is a price I'm happy with then so be it. Plus I still know of a similar spec 360 in terms of color etc with 15k less miles and a year newer for 70k. If I was fully ready to pull the trigger then I would be buying that one most likely. $3k more for a year newer and lower miles is a better deal. I guess bc I already have a fun car I'm not salivating to get something in the garage which is a good position to be in.
Good Luck, I would pull on the tires and check the lower Ball Joints. The 6 speed is a plus, it is an early model so it will have some issues, 64,500.00 and I think its a good deal Good Luck
thorough and proper documentation should always include driver weight history... measured correctly after the holidays.
Beause it's a six speed and lately it seems like all 6 speeds have gone up, I'd say this is a solid $ 65k - $70k car. Buy it and enjoy it!!
This car was at Marshall Goldman last Oct, and listed at $69K IIRC. Mileage was 37194 right before MGMSL got the car, so apparently whoever bought from them did not drive it, of course winter was approaching rapidly at that time. I had someone do a visual for me and reported it was in very good shape. There was no visual issues with the dash at that time. I could have sworn that it had colored inserts in the seats, but may be mistaken. As OP noted very few records, as in pretty much zero. I had to do some of my own research based on the Carfax and ended up getting some invoices for clutch and belts. Belt service was a lock and swap, but there were tensioner brgs listed on the invoice. Clutch was done at Ferrari of Palm Beach @ 36422 mi. No indication whether it still had the 3 bolt ring gear. Ultimately I declined to make an offer and it sold very quickly at the listed price.
