show of hands - willing to sell your nice 360 for $65,000? | FerrariChat

show of hands - willing to sell your nice 360 for $65,000?

Discussion in '360/430' started by PFSEX, Apr 29, 2011.

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  1. PFSEX

    PFSEX Formula Junior

    Jun 30, 2006
    843
    Las Vegas
    Full Name:
    John Ratto
    I have been reading a lot of posts here telling me in no uncertain terms that there are MANY nice 360s available for WELL under $70,000.

    I don't believe it.

    So, I would like to take a count of people willing to sell their nice 360 for $65,000.

    We'll define nice as under 20,000 miles, reasonable colors (no blue exterior green interior cars need apply), remaining clutch reasonable, not in dire need of belts, no serious damage history, early cars with appropriate updates, nice body-paint-interior, and at least one of the 3 major options (Daytonas, shields, grills).

    So, just looking to take a count. How many of you are willing to sell such a car (that you actually own) for $65,000?????
     
  2. rmani

    rmani F1 Veteran
    Owner Silver Subscribed

    Nov 1, 2003
    7,334
    NJ
    Full Name:
    RMani
    If I needed the money and wanted to move on to something else, yes I would. Only reason it's not for sale (and hopefully never will be) is bc I LOVE her!
     
  3. SlickMurphy

    SlickMurphy Formula Junior

    Aug 18, 2004
    275
    Essex
    Full Name:
    David
    $70k can buy you a very nice 360 Coupe that is clean, has a few options, good colors, and an F1 with sub 10k miles. I have found consistently that offers lower than $70k cannot get the deals done. $65k is no doubt the BEST of the deals and not worth waiting for at a 7% price difference. You could shop forever and there are so many for sale with so few buyers.


    David
     
  4. andy308

    andy308 Formula 3

    Jan 16, 2005
    2,024
    Sarasota, FL
    Full Name:
    Andy
    I was asked last week if I wanted to sell my 360, I said "No way"! If I did sell it I would have a hard time deciding what to replace it with. I love mine!
     
  5. rmani

    rmani F1 Veteran
    Owner Silver Subscribed

    Nov 1, 2003
    7,334
    NJ
    Full Name:
    RMani
    I seriously cannot think of another car I'd rather have besides another Ferrari (or a gallardo or murcielago or diablo), and any Ferrari I'd take over the 360 costs a lot more.
     
  6. vrsurgeon

    vrsurgeon F1 World Champ
    Silver Subscribed

    Dec 13, 2009
    16,477
    Charleston, SC
    Full Name:
    Curt
    Barring extraneous circumstances such as needing $$ for lifesaving procedures/operations, etc... sell my red, racing seat, gated shifter car...


    No.
     
  7. andy308

    andy308 Formula 3

    Jan 16, 2005
    2,024
    Sarasota, FL
    Full Name:
    Andy
    #7 andy308, Apr 29, 2011
    Last edited: Apr 29, 2011
    65k - no
    75k - no
    85k - no
    95k - maybe
    105k - sold
     
  8. cove26

    cove26 Formula 3

    Nov 13, 2007
    1,135
    CT
    Full Name:
    Mike
    I would say $80k is a more realistic number.
     
  9. taylorcoleman

    taylorcoleman Karting

    Oct 10, 2009
    107
    #9 taylorcoleman, Apr 29, 2011
    Last edited: Apr 29, 2011
    Mine is a 2002 eurospec 6spd red with black interior, 9,000 miles (just turned the clock yesterday), zero accidents, every single service documented since new, belts, tensioners, coolant, oil all new 4 months ago, super clean, wonderful in every way.

    For a sale end of summer 2011:
    $80K+ yes
    $78K maybe
    $65K no way
     
  10. JAM1

    JAM1 F1 Veteran
    Rossa Subscribed

    Oct 22, 2004
    8,545
    FL, NY, and MA
    Full Name:
    Joe
    I've got a US market 2002 F1 Modena - Grigio Titanio / Nero with 30k miles. The car has factory shields and challenge grill, clean history with no accidents, as well as a documented service history and a complete major just done at Ferrari a couple of weeks ago. I think aside from ratty cars, "well below $70k" 360s don't exist.
     
  11. blkdiablo33

    blkdiablo33 F1 Rookie

    Jul 12, 2004
    4,437
    i would think 78-85k is more realistically
     
  12. andrewmr

    andrewmr Formula Junior

    Jun 7, 2005
    320
    Bucks County, PA.
    Full Name:
    Michael


    I've been looking for a car and I've seen a few cars that I'd consider owning right at 70K. But they've had more than 20,000 miles on them. I think you'd be hard pressed to find a car with under 20K miles, recent service and good color and options for 65K.
     
  13. mfennell70

    mfennell70 Formula Junior

    Nov 3, 2003
    599
    Middletown, NJ
    When I was shopping 7 or 8 months ago, i looked at two coupes in the 70s. In my limited experience, when you actually go look at these cars, you find all kinds of stuff.

    One fairly nice completely stock '99 red/tan F1 with 35k miles and good records. Trouble was, one rear quarter, the deck lid, and the rear bumper were painted to an average standard with no information about the reason. I got them down to 69 IIRC, but passed in the end.

    The other (75 ask) was a '00 silver/black, 6sp, challenge grill, tubi w/15k miles. It had so much paint work I lost track of what was original and repaint as I walked around the car. Looked awesome on the web site though. I offered something ridiculous (55?) but wasn't serious.

    I paid 83 for an '01 ti/nero, full exhaust (tubi-hyperflow-tubi), 20k miles, 8 months on major from Competizione with latest variators, fresh clutch w/hill engineering throwout, spare factory leather for the seats, 2 spare wheels, original headers, fresh brakes, front balljoints, etc., blinding perfection. Nicest 10 year old car I've ever seen. I have the undertrays off right now and marvel at how clean it is. Have not regretted "overpaying" one bit.
     
  14. ParkCity360Spider

    Sep 20, 2010
    155
    Park City, Ut
    Full Name:
    Tim M
    65k hell no
    70k hell no
    80k hell no
    90k no
    95k don't think so
    100k cash?
    105k SOLD
    110 yippee!
     
  15. ELP_JC

    ELP_JC Formula 3

    Dec 13, 2008
    1,264
    I think the OP missed a key word in his title, which should have read as follows:

    Willing to sell your nice EARLY 360 for $65,000? :). Of course an owner of an '04 example wouldn't blink with anything less than 6 figures. The devil is in the details < ha ha>.
     
  16. dicin

    dicin Karting

    Sep 6, 2009
    78
    Montreal / Canada
    Full Name:
    Nick
    From Canada 2nd owner 02 360F1 spider 18000Miles Red on Tan

    65k - No
    75k - No
    85k - No
    95k - No
    105k - No
    115K - No
    125K - No
    135K - OK
     
  17. burner42

    burner42 Formula Junior

    Jan 21, 2011
    624
    Dallas, Texas
    Full Name:
    Myles
    #17 burner42, Apr 29, 2011
    Last edited by a moderator: Sep 7, 2017
    I purchased my 2001 360 Coupe Rosso Corsa Red/Black with red stitching interior, 24K Miles 3 months ago for $65,500.00. It needs a belt service soon and a clutch within the year,but other than that it is absolutely perfect!!! All campaigns & service history were complete. It also came loaded with options...

    Red Calipers.
    Challenge Stradale Carbon Fiber Seats.
    Stradale floor mounted Fire Extinguisher.
    Challenge Rear Grill.
    Scuderia Shields.
    Vossen 19" Wheels with Vredestine Hi Performance Tires (new).
    Tubi Exhaust with Fabspeed Test Pipes.
    Carbon Fiber Interior (yes REAL Carbon Fiber) - Complete Console, Radio Surround, Dash Cluster, Carbon Fiber Door Panels, and Sill Plates.
    Hammon Carbon Fiber Rear Difuser.
    Carbon Fiber Air Boxes ----- K&N Air Filters ----- New Cabin Air Filter.
    Complete Alpine Stereo System, Head Unit, Amps, Speakers, CD Changer, Blue Tooth.
    New F-1 Pump with added Cooling Fin Collar.
    K-40 Front and Rear Remote Mount Radar System.
    Clear Bra.
    Aluminum Dead Pedal.
    Custom Car Cover.
    Custom Floor Mats.
    Battery Tender.
    ----------------------------------------
    Fresh Mobil One Oil Change / Ferrari Oil Filter
    Recent 4 Wheel Alignment ----- New NGK Spark Plugs.

    The seller rejected my offer initially as he was wanting $75k (down from original asking price of $80K. He was purchasing a retirement property in Miami and was in need of fast cash.
    Would I sell the car for $65K... HELL NO!!! I am hoping if and when I sell it I will turn a profit.
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  18. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    19,237
    what wld pay for an immaculate 01 f1 spider in titanium/black, 10K miles, fully serviced, new clutch, daytonas with contrasting stiching, challenge grill, no wear on the seats?
     
  19. hangarsixco

    hangarsixco Formula Junior

    Oct 10, 2010
    396
    S. California
    Full Name:
    Chris
    Myles,

    With all those options you seemed to have scored! Great looking car!


     
  20. lukek

    lukek Formula 3

    May 2, 2003
    2,085
    San Francisco
    Full Name:
    LK
    i got my 99 with 22K miles for close to the lower price point, but after doing a major service i would not sell it for anywhere close. My deal was also confused b/c i traded a vintage v12, and got cash back.

    I spent time shopping, and I think the current market is:

    70-75k for cars with higher mileage and some needs
    80-90K for good cars, no major needs, but earlier vintage
    95 -105K for later spiders and 04 coupes, with super low mileage and current service
    anything above 110K is a CS, or something from a time capsule
     
  21. docf

    docf Formula 3

    Sep 14, 2008
    1,409
    Florida
    Full Name:
    Gary
    No way!

    Docf
     
  22. mlambert890

    mlambert890 Formula Junior

    Apr 2, 2002
    389
    CA
    #22 mlambert890, Apr 29, 2011
    Last edited: Apr 29, 2011
    I find this is a phenomenon not just unique to Ferraris, but to internet car forums in general.

    Doesnt matter what it is. If its used Kias that you *know* always go for around $10k, according to forum wisdom, they are going for "$5k all day long"

    I think some of it is vocal "wannabe" buyers who want it to be true...

    Some of it is the "deal of a century" instances getting undue attention b/c of the web (same story repeated over and over of the "super deal")

    A lot of it is eBay where people quote current auction state even though 99.9% of the time reserve doesnt get met and auction doesnt end in a sale

    And much of it is cars with lots of stories, lots of work needed, and lots of everything going for a cheap price and then being represented by the new buyer as a CREAM PUFF.

    In the past, without the web, there wasnt this level of communication and there wasnt as much opportunity for information to become mis-information - its a new phenomenon.

    When I was buying my 911, according to the entire forum world I was supposed to be able to get it for a bunch less than what I paid. Wasnt happening. I finally bought a great car that was in great shape and certified pre owned for a price *I* felt was good. When I sold it a couple of years later, I got more than what I was supposed to have *paid* two years prior.

    I dont know where these mythical deals are, if they do exist, but they sure as hell dont come my way! If I were so lucky as to be in the market for an early 360, Id be banking on spending around $75k and wouldnt be a stickler over mileage (I dont consider >20k "high"). I think thats realistic.
     
  23. CarreraCaballo

    CarreraCaballo Karting

    Apr 5, 2011
    246
    Full Name:
    Y.F.A
    @ mlambert890

    What you have written is absolutely true!

    Somebody else's car is either too expensive to sell,
    or this somebody else was ripped off in broad daylight ! ! !
    But aren't we all a little bit Mr.-Know-It-All :D

    My experience in selling my motorcycles or cars up till now was always "be patient",
    and I never tried selling them on a forum, that will depreciate the price BIG TIME,
    because the endless discussions will end up causing (I want to say) unintended harm!

    If the product is worth it and is not extremely dreamy overpriced,
    then it will always find an individual that is ready to pay the price tag.
    . . . Sooner or later :)

    Extremely cheap deals never crossed my way either,
    I never seem to stumble on an emergency sell as well,
    I think, I either live in the wrong place or my expectations are too high.
    . . . But never say never . . . :D

    Anyways, money talk should remain anonymous,
    a forum must be there to enjoy and share a common hobby,
    money ruins it all . . . Most of the time ;)

    Greetz,


    Joseph
     
  24. campbell360

    campbell360 Formula Junior
    Silver Subscribed

    Oct 15, 2009
    341
    Michiana
    Full Name:
    Doug
    No way.
    99 Modena with 9000 miles.
    Grigio alloy
    Sport seats
    Shields
    Hyper flow cats
    X-ost system
    Alpine sound system
    HRE wheels
    All keys-books-goodies
    Custom mats&cover
    All service complete with fresh belt change from Continental Motors

    I have this car right where I want it. $70k would not work for me. But its not for sale any way so its a moot point.
     
  25. andrew911

    andrew911 F1 Rookie
    Silver Subscribed

    Sep 8, 2003
    2,893
    Northern NJ
    It was my experience 1 1/2 years ago when shopping that the stick cars were about $10K more- either due to rarity, lower maint costs, or a combo.

    Either way, with an F1 or stick, sometimes you get lucky and can get a good price for a nice car, but in general and much much more often than not, YOU GET WHAT YOU PAY FOR!

    I'd much rather have a fully sorted out mint 360 coupe F1 or stick for $85,000 than a ratty one for $65,000 that costs $10,000 to bring up to mechanical snuff (say worn clutch, needed major and other stuff), still has marks/blemishes (i.e. isn't "mint") and is still worth $65,000 AFTER the $10,000 of needed and deffered maint.

    My dollar numbers are just for illustration, but you get the point :)
     

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