Where do you think the 360's will be in 5 and 10 years

I was at Pebble Beach in 1999 when Sergio Pininfarina explained that he put in the back window to show off the beautiful Ferrari engine in the 360.

 

Friends who don't know f-cars are always surprised mine is 15yrs old. They think it's much newer.

 

I have to agree with this. The 360 is a special car but not a classic for a long while, if ever... So, drive them and enjoy them. The only 360 that will substantially increase in value is the CS. A beast of a car!!!

 

In the future world of electric powered self driving cars and turbo / hybrid / compressed engines, any naturally aspirated V8 Ferrari capable of reving up to 8500 RPMs with this fantastic soundtrack (anything from a 355 to a 458) will become something any petrol head will be craving for... times plays for us... IMHO.

 

Thats if petrol heads still exist

 

Doing everything I can to pass the petrol head virus to my kid...We watch Grand Tour...He will learn how to operate a manual ... he will drive the Ferrari asap...

 

Yup, it's up to us to pass the torch. Or else, all that matters to future generation is if they can post or check social media while going to point a to point b (autonomous).

 

That's what I would call a dystopic future! When I am driving my F-car, I'm not focusing on anything else than driving. Enjoying it. Not even putting the radio on. That's the way to relax after a hard days work.

 

I think 360 gate shifted cars will hold values over the next few years and then escalate. I've owned 2 of them and sold them for "fair prices." Just sold mine after 4 years of ownership for the same amount I paid for it. I was happy with that.

 

I hope my kids would learn how to drive a stick. Seems like everybody wants to drive like theyre in a video game.

My three kids already choose the cars they will get. My youngest wants my gated 360.

 

-1st seriously mass produced Ferrari.
-Not particularly beautiful (case F355)
-9 out of 10 was produced with F1 tranny.
-Last with timing belts.

Not a good combo about collectibility, IMHO. Nor about "entry level F-car" after prices of 430's are coming down. I predict this will be another 348 - no real collectivity value nor desirability. Manuëls will hold their value but real future gem (or classic) will be manual 355's, especially GTS's.

 

Only time will tell, but I seriously doubt that 360s will be considered in the same category as 348s.

 

Timing belts and service issues won't matter to future values. Only rarity and supply of quality examples. Although there were a lot of cars to start with a lot are now poor quality cars that are being used a lot. The carpark of 360s will reduce greatly over the next 10 years - they're getting damaged and harvested for parts all the time...

You need to recabilrate your viewpoint to where ordinary cars are hybrid, electric and totally different to the cars we are used to now. Then, all of a sudden, ALL the Ferrari's we are talking about look seriously exciting.

And remember something else. China and others are getting richer. There are no more 360 cars being made. So although you have a lot of cars, you have more wealthy people.....

And finally, Ferrari are enjoying making some very expensive cars now. They have moved up and out of the Porsche level of pricing to try and further distance their exclusivity and reap the rewards of customer loyalty, wealth and status. The fact that they are working hard to make the brand super exclusive and taking car prices generally north can only help the values of all their previous creations...

I'm absolutely not saying the 360 is special (I like it but that's just me) but I think you need to look at the whole landscape on a global level.....

 

I absolutely agree. Look at the prices of gated F430's. The rising tide lifts all ships. In the not too distant future naturally aspirated exotics with 3 pedals will be (even more) extremely desirable and prices will rise..its an absolute certainty. This isn't going to stop me from driving the wheels off my 360 though!

 

I really wonder what will happen to resale values of these electric cars, what impact it will have on resale values of internal combustion cars. I remember looking at the used Nissan leaf not too long ago, even with under 20k miles, they were going for about $7k. Absolutely no resale value whatsoever. If there are truly 373,000 preorders for that ugly new Tesla, people will end up paying $30k after all the green incentives and then the market will be flooded after a few years and those cars won't be worth anything.

 

Depending on your time horizon, this is the key point. People are saying that the prices are going up up up but that is based on their experience and bias, not on an analysis of the market trends over time. There is also the current buzz about manual transmissions that is causing a bubble in their pricing.

People hit peak buying power in their 40's they tend to want to recapture their youth. That means we are currently seeing the push around the 1990-2000, maybe a bit older. We will see that pressure continue for a few years then it will start to tail off in favor of newer cars. Let's face it, we no longer see the push on prices for 40's and 50's vintage cars, they have pulled back from their highs. The same happens with everything, including Ferrari's, with the possible exception of the very unique or racing history.

 

I go along with Enzo that the engine is what makes the car. The 360 is the end of a line of Ferrari's that started with the 308. Mid-engine V8's with solid lifters and belts. The F430 is a new line of V8's with hydraulic lifters and chains. No more engine out services, but that finickiness is what may have made 360's "true Ferrari's", ie, more time in the shop than on the road. Will that be enough?

 

Please. 11,000-12,000 355's produced. Real "rare". The only reason why it will surpass the 360 in the near future in "collect ability" is the car is so damn expensive to maintain and the usual crowd can't drive them so they crash and make it more... rare. As with the 928 I learned that a car they you have to be a semi-professional mechanic to maintain will not be collectible.

 

Based on your logic the F355 is relatively rare! 360s production 60% higher.
The 355 will be a valuable Ferrari model. Universally looked at as 1 of the prettiest Ferraris built. Wonderful driver's car. Last in the "old school" line. The maintenance is an issue. Good 355s will command a premium.
360 is a wonderful model. I personally love the style. My 360 spider is Grigio Titanio, my favorite 360 color. My 355 spider is black. Gorgeous!
Both models will follow the recent trend similar to 308 values. Took 35~40 years for the car buying public to appreciate and value the iconic and beautiful 308!

 

Your "absolute certainty" is based on a generation of future buyers that do not value anything old or are nostalgic in the least. Everything is disposable like a new iPhone or a new tablet. I would argue that the market for these cars is the strongest now that it will ever be. Time is not going to be kind to these cars for a host of reasons.

 

Not entirely. The reason millennial are not buying houses and cars is they don't have any money. Every single generation before has exhibited the same nostalgia. So too will the iPhone generation. While iPhones CANT be used with the last sat operating system and you have to dispose of them, a car can be used as long as there is gasoline. The person who buys a ferrari secondhand appreciates the stick and derides the Prius driver. As long as there are people who covet one, a Ferrari will be in demand. I had five young men under 30 either giving thumbs up or lustfully eyeing my 360. I don't think you understand human behavior.

 

Spoken like someone who hasn't ever owned a 360. They are very reliable and maintenance costs are pretty low. Belts are easy to change when needed so that isn't even an issue. It does get pontificated about a lot, just like how shifting wears out the clutch.

 

In my country the young uns (boy racers we call them) want anything old school, rear wheel drive with a manual trans. As a result all the old cars I thrashed, that survived, are now worth 5 times what I sold them for. (Wish I had kept them all) When they move up to flasher cars they will want a 360. The manual ones will be very sought after.

 

^^^^^^^
Almost 3 years of ownership, I am still waiting for that finickiness. And I have the "dreaded" F1. My 360 has cost much less than my 328 the first 3 years of ownership. Although I have heard of horror stories...

 

Cool. I am over 11 years and made it my DD a few years ago. OK, I don't drive that much but I take it to Home Depot, the grocery, drive it in San Francisco, commute traffic, etc. I also have an F1. It is all about knowing how to drive it.