360- High mileage owners more than 60K miles

I will say "OK" to the vague non description of "League"

and would you consider your car in the same league as the Aventador or LP-640? would the 360 be the VS model or one of the friends of this model?

However if pictures and ogling are all you can think of in that category you should try driving other vehicles FCars arent the only ones that you will be stopped at a light and look over to see people snapping your picture. Or sitting in a restaurant having a group of people gathered around the car talking, pointing and taking pictures. All EXOTICS get that. You rarely see a gathering around a standard sports car (Porsche or other) in a parking lot unless its a C&C or similar.

Though I have never owned one, I have had one in my possession several times (08 430 F1) and it has not gotten any more or less attention. I also know that the car has 5k miles and has already had 15k in service done to it including the F1 Module and clutch.

 

I think you are trying to justify your NSX to us fellow Ferrari owners. You are also stuck on the word "league". You can use any word you want, league, class, etc. The fact of the matter I believe we are trying to relay is comparing the NSX to a 360 is like comparing a Smart Car to a H1 Hummer. They are absolutely nothing alike. I used the word league just as a metaphor like you would say the NFL is not the same league as the NBA... I'm not trying to state one is better than the other. They are just polar opposites. We are all happy for you that you own a NSX and you love it and that it is probably more reliable and far cheaper to maintain than our 360s. However, we prefer our 360s to NSX's. And I would bet my life you are not going to convince one of us fellow 360 owners otherwise

 

Nah I never was trying to justify my NSX as I dont need to and no one needs to explain their decision to own anything. Someone went and tossed Hondas and toyotas into this thread prompting my response. I would never have put anything into this thread if that wasnt said. (and the continuation was a light day at the office)
Just trying to define what was stated by someone many threads back

All I did was give similarities or differences between them as the person who started but no one was truly able to give a definition of "League". Yes I was fixated on that word because someone used it directly toward my post and never backed it up. Yet their best response was essentially "yeah what he said".

I like the 360s and originally wanted to buy one (even had a deposit at FerrariLI) on a 360 6 speed. I just couldnt get past the reliability issues on a car I was about to drop 100k on.

 

I think you where reading to much into the Honda/Toyota comment. Based on the initial responses on the thread I am going to assume "I know it is risky to assume" that the op was making a comment regarding Hondas and Toyotas because they are generally regarded as reliable cars, and that after 50k of miles they probably have had more issues go wrong than a lot of the Ferrari 360s. Therefore, the comparison was just to say that the Ferrari 360 is a reliable car not the unreliable delicate car that it is often portrayed as. I do not see much contfrontation in that post at all, and I can vouch for a Camry having a bunch of computer issues and my Aunts Civic is always going in for service issues.

I gave you a defention of league in my other post.

 

I would agree with the original post, and I simply stated my maintenance with my Honda.

 

The Aventador and LP-640 are very rare cars and performance wise will cream the 360. Probably not in the same league performance and exclusivity, lambos in that league win. And you're right... all exotics with the "exotic look" will get the same attention, lambo, ferrari, etc. Btw, most Porsches (including my DD) in our C+C dont' get a second look. ;-)

And look you don't have to justify the NSX.. it's a nice car. To say things like "I like the 360s and originally wanted to buy one (even had a deposit at FerrariLI) on a 360 6 speed. I just couldnt get past the reliability issues on a car I was about to drop 100k on." Yeah I buy that. Sure. ;-) I know "alot of guys" that put deposits on Ferraris then don't buy the car because of "reliability" or better.. " it doesn't have a cup holder".

It's OK to like your car. You don't have to justify it, if I bumped into you at a C+C.. I'd want to see the engine and see how Honda did it compared to ferrari.

Guys.. AS AN OWNER of a 360 I've found it's just as reliable as a 996.

 

LOL, Well unfortunately I really did. Even had a refer a friend discount from another member here who bought a 599. Also if I was going to lie about buying a Ferrari it wouldnt be a 360 6 speed.


Oh well, today was fun... Off to go home. Have a good night all.

 

Sure.

Sorry to get OT....
I'll add shrink of dash due to heat and age with pulling of the window vents and of course pulling of the front airbag.. just because of aging..

 

Interesting thread...at least those posts pertaining to the original topic (not that I don't mind reading and chuckling about what has since been posted here).

I'm looking for a 360 and plan to put more than the average amount of miles on it per year. Sort of consider it a 3 or 4 times per week type of daily driver from May - October. I'm interested in reading more comments on what has been experienced and possibly what to look out for when purchasing a "higher" mileage vehicle.

From what I've read on other threads, it seems like depreciation hits harder with higher mileage. Given the intention I have of actually driving the car often, I suppose I should be looking at a higher mileage vehicle given the lower initial cost, or potentially face a large depreciation hit by purchasing a lower mileage vehicle and putting lots of miles on annually...somewhere around 15K per year.

Having said that, I wouldn't be planning on selling the car for about 10 years so maybe depreciation wouldn't be a consideration at all. Your thoughts to all above are indeed welcomed.

 

My 2c, I bought a "high mile" euro car.. a double whammy. I don't ever intend to sell the car so the depreciation doesn't bother me. I look to the 308's and 348's as models to where the car will ultimately fall and IMHO it seems to be $30-40k US for a car with about 30-60 thousand miles. I looked at it like ANY other car with similar mileage, a 911, boxster, mercedes, etc. Most are still great cars even with 30-50k miles. I think 360's are the same.

It's not a question of WILL it fall in value, but HOW MUCH will it fall. Most 360's are nearing full depreciation. If it has been kept and loved by a prior owner(s) then it's a decent buy. I EXPECTED things to be broken and in need of repair. Any higher mileage car will need things, its finding what they need in the PPI, anticipate a few unseen things. Budget this and then fix it. I figured I was restoring a car that is 10 years old. It's alot easier to work on than a rusted euro classic! She'll always need something but driving it regularly and not beating on it will help her stay young. Higher mileage cars will always be worth less.. but color, transmission, and buyer preferences will ultimately dictate a cars selling price, e.g. a black 360 with 30k miles will fetch less than a red 360 with similar mileage just on color alone.

As far as low mile versus high mile drivers, my gut says go for a high mile car for depreciation but others can chime in here...

 

As a current NSX owner and a good friend of Arista5, I can confirm that he had placed a deposit on a 360 and also has immediate access to the 430 he referenced...the owner is in his immediate family.

That being said...Arista and I have spent countless hours discussing my potential Ferrari ownership. While it has always been my boyhood dream to one day own a Ferrari. Now at 43 and fairly successful I could buy a Ferrari 360-430-458 cash...no issue (just giving favor...not big timing here) what I struggle with are the reliability issues and poor engineering standards that every Ferrari owner seems to be willing to tolerate from this manufacturer.
I joined this site to educate myself and find the real answers from real owners like you. What I have found has been quite surprising….I must be willing to accept sticky buttons caused by the sun, potential convertible top issues that could cost $40k+, “common” oil leaks, welds that look like they were done in a HS shop class(this is actually written on Fchat by a former 360 owner), plummeting resale values for driving my car more that 30,000 miles. If I happen to approach 60,000 miles my car is revered as a marvel in engineering. Really at 60k?
This list goes on and on….and all these comments come from this site.

Shouldn’t Ferrari want to build not only the most beautiful piece of machinery but one that is engineered to the highest standards?

GUYS…I really want to own a Ferrari…please explain it to me…but it has to be more than just for “the look one gets at the grocery store” or “the envy of my neighbors” I married a beautiful ITAILIAN women completely out of my league for that stroke to my ego.

All this being said….I still might buy one…just to know the “feeling.”


PS-In the interest of full disclosure….Buying the 458…. affordability aside, it might be tough getting the wife to agree to that one!!! Who am I kidding, “Not Happening!”

 

With 7 years of free maintenance now included with the 458 it might actually be the cheapest option...

 

My f430 6 speed has been just as reliable as my gt3 and 996tt. Ferrari makes a solid car at this level of performance. I have 13 k miles on my 430 other than the headers recall covered under warranty not a single thing was replaced. It's perfect and I drive it well. Ferrari way!

 

Don't buy one. It's not for you. Justification shouldn't be your sole motivating factor, it's either in your sole or it's not. If you can afford one, no justification is necessary, not even an agreeable wife.

I like the NSX, its a reasonable alternative for when the Ferrari is being serviced.

 

They are emotive, like the people who made them. There are cars just as fast or faster, but nothing else gives the all around sensory experience.

 

Rideing in a Ferrari and Diablo back to back was the best day of my life. Many Ferrari enthusiast like myself have spent many nights dreaming of the first drive and the sound of the engine behind us. As a child and teenager I spent nearly every weekend taking the bus to the Ferrari Dealer at the chance to hear one of those beast start up, I have spent the last 13 years waiting and the time of me waiting will soon come to an end. Here is a video of me and my wife's ride in a Diablo and 360. No music, no slideshow, no B.S. just the sound of the cars. For us, all those years working and the money in maintance is well worth the opportunity to relive that drive.

Ferrari 360 Video
[ame]http://www.youtube.com/watch?v=gAS1gsrBqAQ&feature=plcp&context=C3e49f0bUDOEgsToPDskIWTAf8P245iQ6b72HneKZ7[/ame]

Diablo Video
[ame]http://www.youtube.com/watch?v=K9-1g5S3GVo&feature=related[/ame]

 

I like the NSX, its a reasonable alternative for when the Ferrari is being serviced.[/QUOTE]VALENZO



WOW...Really??? As you could read I tried to keep my post fairly light hearted...and thats your response? Boy do you fit the mold of a Sterotypical Ferrari Owner....Arrogrant and Elitist...Thanks you for making it an easy decision.

 

Do not let a person turn you away from a car, the connection does not make sense. If you look around pretty much every car worth having comes with a so-called sterotype. When I hang out with Vette Guys they often bash exotics for being so expensive and Mustangs for being to cheap, but of course the Vette is perfect. The Lambo guys love to talk about all the attention the car gets and how crazy and raw the car is, but when you peel the surface back it is clear that the car must have those props like shocking looks and scissor doors because if the comparison was strictly about the driving pleasure it would lose handly to Ferrari. Same goes to the GTR and NSX, bargain exotic and cheap maintance is often tossed around but to others the car is less exciting than some of its counterparts.


Bottom Line, people like what they like and will use the facts in front of them to help support their choice. It is really like Parents bragging about their children, even the most incompetent child can be called "high functioning" by his/her parents. Go drive the Ferrari for awhile then you can decide if it is for you.

 

I meant no disrespect by my comment, my apologies if you took it that way. I do like the NSX, and if I owned one, I would definately drive it if the Ferrari was unavailable but it wouldn't be my first choice in the morning. I've driven an NSX and it's a nice car but I chose the Ferrari for a more lofty experience. My car has cost me $1000/mile in service bills... and I don't seem to mind. It's that special.

 

People who buy Ferraris do not come up with a million reasons why they SHOULDN'T buy it.

Am I an elitist? Nope. Can I afford a 458? Nope. Did I own an NSX? Almost.

Yep...put $5k down on a 2002 Yellow NSX...dealer treated me like I was buying a Kia...I withdrew my deposit and ended up buying a 355.

Cost me $21k in maintenance and repairs the first two years...last 15 months and 4,000 miles have been trouble-free. But these costs in listed fixing all known trouble areas. If I ever sell her the new owner is going to be very lucky!

There is no comparison for the emotionally visceral feeling that goes through my soul when I drive her...I didn't get even close to that from driving a highly modified NSX.

If you are destined to be a Ferrari owner--from a Mondial to an Enzo...you just know. You will most likely continue to argue this with yourself until you don't have the option any longer (too old, disabled, unable to drive, etc)

Life passes most people by while they're making grand plans for it.

I turned 30,000 miles yesterday...and I'm not done driving yet.

[ame]http://www.youtube.com/watch?v=aWM3Npd5WYc[/ame]
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I'm at 152,000 km now - heading for the big 100,000 mile point as quick as I can..
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WOW!! Well done man.

 

Rob, I'm sure you understand the context of my doubt. Its convenient how many most almost bought one in a debate.

That being said, I bought mine FOR the engineering. The thrust bearing design, the variable valve exhaust. To me it's art and design fused with engineering. It's not a Lexus, engineering at this level cant be detuned enough.. 112 hp per liter+... amazing. The sticky components also happen in boxsters and passats so that's not an issue.

Some people can go through life saying I always wanted a Ferrari but I settled for an Acura... When you're in Stony Brook Med in the ICU it's too late.. That's why I'm enjoying mine now, and I don't regret it for a minute!

 

Well Said Gentleman....I appreciate the comments and advice. I also agree that on this site you must get a very large number of "I could buy a Ferrari...I just dont want too" type of posers. You should not have to defend your decision to every yahoo on this site.

Your thoughts are more in line with my thoughts than you must think....my feeling is leaning towards...for all the issues or non issues....for all the expense and potential mechanical nonsense. You are able to own one of the most legendary automobiles of all time. I'm sure there are a lot of people out there who just will never understand, how owning a certain automobile can fill one's soul....sometimes it's not just about what makes the most "practical" sense. Personally, performance and engineering aside, Ferrari ownership represents a statement of all the hard work and sacrifice over a 25 year business career. "That this kid from Brooklyn has done OK for himself" and to afford something that many can only dream of and fewer actually turn into reality.

Uhhhh!!! "Everytime I think I'm out...They pull me back in!"

 

I also considered an nsx at one point, but in the end is didn't stir be enough so i waited and saved for the 360.

I love the nsx it was one of my dream cars growing up. I had posters of them right along side diablos, 911s, and Ferraris. As I got older though Ferrari styling, power, sound, and overall experience won me over. I definitely could see myself owning an nsx to daily drive though. They are comfortable, fun to drive, and very reliable. It really is a fantastic car.