My experience with our 50k mile 360 & Buyers Guide | FerrariChat
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My experience with our 50k mile 360 & Buyers Guide

Discussion in '360/430' started by mred, Nov 25, 2009.

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  1. mred

    mred Formula Junior

    Nov 2, 2003
    476
    Atlanta, GA
    Full Name:
    Ed B.
    #1 mred, Nov 25, 2009
    We have had our 360 Spider for almost 2 years now and just passed 50,000 miles. We also had a 360 Modena before it.

    I have compiled my impressions of the car and maintenance experiences into a buyer's guide and published it here:

    Part I, Preface & Exterior
    http://supercarrentalsinc.com/ferrari-360-buyers-guide-part-i-preface-exterior/

    Part II, Interior & Transmission
    http://supercarrentalsinc.com/ferrari-360-buyers-guide-part-ii-interior-transmission/

    Parts III-V will be published over the next few days. The fifth part will discuss the cost per mile that we have experienced. Any guesses?

    I know lots of you have experienced the same things that we have on your own cars and all of you will have thoughts and ideas to share. Please post them here or as comments to each article so that others will have a resource as they search for cars to buy.

    I also have a buyers guide for our Lamborghini Gallardo here:
    http://supercarrentalsinc.com/the-complete-lamborghini-gallardo-buyers-guide/
     
  2. kellerred

    kellerred Rookie

    Jul 24, 2007
    10
    Keller, TX
    Full Name:
    David
    #2 kellerred, Nov 25, 2009
    Nice write up!
     
  3. KenneBraun

    KenneBraun Karting

    Apr 15, 2009
    62
    Renton, WA
    Full Name:
    Jeff Braun
    #3 KenneBraun, Nov 25, 2009
    Great info! Thanks man.
     
  4. shawsan

    shawsan Formula 3

    Jul 2, 2004
    1,090
    Vancouver, Canada
    #4 shawsan, Nov 25, 2009
    Thank you; very helpful and constructive.
     
  5. HREU

    HREU Formula Junior

    Jun 8, 2007
    469
    Florida and Turin
    Full Name:
    Ed Colburn
    #5 HREU, Nov 25, 2009
    WOW...amazing info. Almost makes someone want to buy a bike. Lambo Gallardo...$6+ per mile all in! Way more that I would of expected....

    Thanks for sharing this.
     
  6. MamoVaka

    MamoVaka Formula 3

    Jul 31, 2006
    1,409
    Los Angeles, CA
    Full Name:
    Pano S.
    #6 MamoVaka, Nov 25, 2009
    Wow,

    I can tell you one thing.. the prices quoted for maintenance are absolutely TOP TIER pricing..

    for instance.. the 2k job to access the alarm cluster in the 360 they listed.. I had an independant (but highly respected) ferrari speciality service center do for 150.00!!!! (labor)

    So..
     
  7. psorella

    psorella Formula 3

    Oct 22, 2007
    1,249
    Canada
    Full Name:
    Lino
    #7 psorella, Nov 25, 2009
    Did it myself and paid myself a cappucino afterwards... ;)
     
  8. Rifledriver

    Rifledriver Three Time F1 World Champ

    Apr 29, 2004
    36,960
    Cowboy Capitol of the World
    Full Name:
    Brian Crall
    #8 Rifledriver, Nov 25, 2009
    Top tier is not the word. $2000 to get to the alarm siren? $30,000 for worn syncros? Can't expect a clutch to last more than 15,000 miles?

    More like Fantasy Land. And he is putting this B.S in writing for others?
     
  9. WBFerrari360

    WBFerrari360 Karting

    Apr 25, 2008
    64
    Charlotte
    Full Name:
    William
    #9 WBFerrari360, Nov 25, 2009
    How often are we talking about the whole transmission failing or syncros--anyone experience this out of warranty? $30,000?
     
  10. E60 M5

    E60 M5 Moderator
    Moderator Owner

    Jan 2, 2006
    8,163
    Wash DC area
    Full Name:
    Robert
    #10 E60 M5, Nov 25, 2009

    Word!
     
  11. jjsaustin

    jjsaustin Formula Junior

    May 11, 2008
    579
    Austin, TX
    Full Name:
    Jim
    #11 jjsaustin, Nov 25, 2009
    Nice write up. Not sure about the prices for the fixes. I sure hope you are wrong :)

    One technical correction: "This means that if the battery in the remote dies, you cannot start the car. This can be frustrating"

    Even if the battery in the remote dies you can start the car with the key if you have the code and know how to "key it in".

    -Jim
     
  12. mred

    mred Formula Junior

    Nov 2, 2003
    476
    Atlanta, GA
    Full Name:
    Ed B.
    #12 mred, Nov 25, 2009
    Thanks for the input everyone. Obviously we are all having different maintenance experiences. I have developed a really good relationship with Ferrari of Atlanta over the years and I have seen at least 3 cars that have had $15,000-30,000 transmission issues due to syncro problems. I would not say that it is a common issue but all cars were out of warranty and there were not any low cost solutions.

    I am glad to hear that the alarm module can be replaced less expensively. Like I said, it really doesn't bother me but it is something that I will look into.

    Please post these comments on the appropriate page on my site so that others who do not visit this site can benefit as well.

    I am just trying to report on my experiences for others to learn from, not write the 360 Bible. I am hoping to produce something concrete and useful unlike people who are using off the cuff estimates of $1 per mile maintenance and depreciation.
     
  13. andrew911

    andrew911 F1 Rookie
    Silver Subscribed

    Sep 8, 2003
    2,894
    Northern NJ
    #13 andrew911, Nov 25, 2009
    It sounds like they have a better relationship with you than you with them! :)


    My gosh- this is the first I'm hearing of major transmission issues with a 360. Are you getting the transmission oil flushed every 12-24 months? Maybe it is if your cars are rentals people are just outright abusing them?

    I'm not trying to overly defend the 360, it's just that as good as the write-up is (and thanks for sharing it by the way), the tranmission issues come out of left field (and the pricing seems to be high, but I am not well versed in pricing at a dealer vs. excellent independent)
     
  14. blkdiablo33

    blkdiablo33 F1 Rookie

    Jul 12, 2004
    4,440
    #14 blkdiablo33, Nov 25, 2009
    how can the car be started if the key fob does not work?
     
  15. andrew911

    andrew911 F1 Rookie
    Silver Subscribed

    Sep 8, 2003
    2,894
    Northern NJ
    #15 andrew911, Nov 25, 2009
    It's in the manual...something like turning the key from position 1 to 2 and back to 1 quickly to count up the first number, then waiting a few seconds in 1 then repeating for the next number and so on. I skimmed it when I first got my car- I guess I really should read it closer...
     
  16. sparetireless

    sparetireless Formula 3

    Nov 2, 2003
    1,587
    #16 sparetireless, Nov 25, 2009
    I would like to see you do more on the 360.

    ($30k trans work, hope not but might be reality if the F1 pump dies and the clutch is worn, probably should do it all "WHILE WERE IN THERE". and tax.)
     
  17. jjsaustin

    jjsaustin Formula Junior

    May 11, 2008
    579
    Austin, TX
    Full Name:
    Jim
    #17 jjsaustin, Nov 26, 2009
    Last edited by a moderator: Sep 7, 2017
  18. blkdiablo33

    blkdiablo33 F1 Rookie

    Jul 12, 2004
    4,440
    #18 blkdiablo33, Nov 26, 2009
  19. Timster

    Timster Rookie

    Jun 19, 2009
    24
    NYC
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    Tim
    #19 Timster, Nov 26, 2009
    Last edited: Nov 26, 2009
    Great thread to take down the second hand market on 360's even more :) . I'm just saying. Keeps me from buying a 360 or older Ferrari. Thanks for posting! Saved me a lot of money.
     
  20. MamoVaka

    MamoVaka Formula 3

    Jul 31, 2006
    1,409
    Los Angeles, CA
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    Pano S.
    #20 MamoVaka, Nov 26, 2009
    come on man, a complete clutch assembly (pressure plate etc.) is under 4k.. and that is worst case scenario..

    F1 pump? another 2-3k to buy one.

    I would say the worst scenario for a clutch change on a 360 would be no more than 8k

    again, ask Rifledriver.. the numbers he is listing is fantasyland and it would put people off from servicing the car..

    to put things in perspective.. my e46 M3 cost more to do a clutch job than the Modena..

    Also.. take a look at his Gallardo write up.. 6 dollars a mile for that car..

    The only explanation is EXTREME abuse and damage on these cars as them being rentals.. and I mean extreme abuse.. beyond what any rational owner would ever do to their cars. in both the Gallardo's case and 360
     
  21. MamoVaka

    MamoVaka Formula 3

    Jul 31, 2006
    1,409
    Los Angeles, CA
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    Pano S.
    #21 MamoVaka, Nov 26, 2009

    Can I ask you why you are taking your rental cars, that you claim on your site you paid bottom dollar for.. to the dealers? why not take them to an independant? why aren't you saving money on the maintenance if you wanted to save money on the purchase?

    I can tell you that your gallardo costs would be 1/3 if you took them to an indepandant.. the ferrari cost would be 1/4 if you took them to an independant..

    I have a few friends with gallardo's.. and they drive them pretty often.. (30k+ miles) one of them has 50k on his.. and they have no issues like the ones you are reporting.. the clutch estimate of 8k is very very high on the spectrum as well... my pals said they paid between 4-6k per clutch job on their gallardos..
     
  22. mred

    mred Formula Junior

    Nov 2, 2003
    476
    Atlanta, GA
    Full Name:
    Ed B.
    #22 mred, Nov 26, 2009
    Thanks for all the comments.

    I realize that many of you think that the prices that I pay for maintenance and service are very high. I agree that maintenance is expensive but I do not believe that I could save as much money as you are talking about by taking the cars to independent mechanics.

    The dealers that I use treat me fairly, do lots of work free of charge, and get the work done quickly when necessary. They also refer me lots of customers so we do scratch each others' backs from time to time.

    I have gotten clutches done the Gallardo for $2,500. $8,000 was a clutch, rear main, throwout bearing, and other fluids. For a routine timing belt service on the 360 I tend to pay $1,500-2,500 or so which I consider as competitive as they get.

    Clutches and F1 pumps are not the transmission issues that I was referring to. I have seen several manual 360s that have required complete transmission rebuilds/replacement at a cost of approximately $30k. It is rare but I mentioned it. F1 pumps and clutches should not be near that.

    My cars are rental vehicles and they are certainly driven hard and occasionally by inexperienced drivers. It goes with the territory and certainly does increase maintenance costs, wear and tear, and sometimes lead to other issues. That being said, I do not consider my experiences with these cars atypical when compared to normal use (other than replacing the engine in the Gallardo and accelerated clutch wear in both cars).

    Like I said, I hope this is helpful to some who are shopping for the cars and I am enjoying hearing about how different some of your experiences with them have been.

    -Ed
     
  23. MamoVaka

    MamoVaka Formula 3

    Jul 31, 2006
    1,409
    Los Angeles, CA
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    Pano S.
    #23 MamoVaka, Nov 27, 2009
    I do appreciate the time you took to put together this review, of course


    Rifledriver has extensive experience with these cars.. He can tell you over the grand scheme of things the numbers
     
  24. Timster

    Timster Rookie

    Jun 19, 2009
    24
    NYC
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    Tim
    #24 Timster, Nov 27, 2009
    Last edited: Nov 27, 2009
    I pretty sure customers abusing your rental cars to the MAX. No wonder that lots of things break down. I mean let be honest its a rental car. Don't know anybody who takes care of rental cars. They probably don't even bring the oil and engine to operating temp.
     
  25. andrew911

    andrew911 F1 Rookie
    Silver Subscribed

    Sep 8, 2003
    2,894
    Northern NJ
    #25 andrew911, Nov 27, 2009
    Unfortunately this guide as it stands may only be helpful/reliable information for someone looking to buy a used rental ferrari, but I'll let the discussion continue....
     
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