daily driver ?

I think that in the end you'll pay more for a fixer upper than a "cheap" car on ebay or cars.com. Parts costs are just so much higher than other makes that I predict that it would be prohibitive. It seems that when a car is "totalled" but drives and runs with minimal damage, it's still almost in the range of a cheap 360 on the market. If you can find one cheap and get it.. go for it. A good idea for a driver, but I predict that it may be more spensive' than it sounds...

 

my first ferrari was a 360 coupe... I babied it.. never drove in the rain... waxed every few weeks.. etc etc.

In 3 years of ownership I only drove it 4,000 miles... I was a dumbass.

Nowadays, I DRIVE my cars and have fun with them.... who cares about depreciation REALLY???

 

Theft recovery, running well with a branded title. I'd say 40-50k. Anymore and you're in decent car prices. I doubt you'd get it for less than low 40's.

 

Amen brother!

 

Just buy a well care for, documented high mileage car. Pound miles on it and enjoy it.

 

I am thinking somewhat along the same lines: A 360/430 Spider in excellent mechanical shape but with a lower price because of damage to the paint/body/top/interior. I would be modifying the car-rolled fenders,lightening,etc.-and I am also tired of nice paint that requires maintainence and worry about scratches,dings etc.

 

+100

 

I cannot think of 1 reason why you buy the car of your dreams...and not drive it. So it gets wet...so the miles creap up. What is the point of keeping it in the garage and looking at it...

 

I suspect the majority of the guys that don't pile on the miles really aren't worried about depreciation. Many of them just have multiple cars, very busy lives, or both.

 

+ 1
Eric

 

I truthfully think I'd not be happy with a 360/F430 as a daily driver. The main reasons being (1) it's quite hard to get in and out of, especially in tight parking spots as the doors are so long and the seats are so low (2) the attention can get ridiculous and time consuming if you have to take it everywhere all the time (3) visability is a PITA; reverse is a major pain (try backing up into a garage), lane changes have a big engine bay panel in the way, ect (4) ride height - it's pretty low and scrapes on slanted entry ways, speed bumps, ect, if you are not extremely slow and careful (5) it (might) lose a little of that special feeling if I drove it every time I ever went anywhere, and (6) little things like (a) you have to press the immobilizer button every time to start it (b) you have to have the ignitiion on to open the gas cap (c) you have to have the ignition on, or pull the difficult to reach chord under the dash to pop the hood (d) it's nearly impossible to open the hood with one hand b/c the latch release is straight forward and requires your hand to be flat entering and press down, which naturally requires a second hand to hold the hood up in the process (which means you have to drop the groceries on the ground) (e) it BEEEEEEEPPPPPPSSS WAY WAY too much when you put the key in and take it out (f) the 360 does not have cruise control, ect ect.

Please don't get me wrong, I am infatuated with my 360 and love it to death, on many magnitudes higher than the things above I dislike, but it would not be optimal to have as a DD.

 

All these points are true but FWIW my car is essentially my daily driver and I've come to live with all those shortcomings. If you bought the car because you truly enjoy and appreciate it the drawbacks can be overlooked and driven daily, though I don't think I could back it into my garage even if a gun was held to my head.

 

Buy the best, clean 360 or 430 you can buy with a clean title. As mentioned, you may end up spending more to get it right than just buying a better car.

Personally, I wouldn't buy a salvage/rebuilt car unless the price was so good that the depreciation/resale wouldn't even be a concern.

If you want a powerful car that has good feedback, and works in the rain, a 996 Porsche Turbo would be a good choice. They can be had for less than you will be spending on the Ferrari. (with a clear title too)

 

I daily drive mine, and I love it. I have a 3 pedal so I don't have to worry about expensive f1 clutches. Getting in an out is a breeze, and I am 6' tall, but slim build. I always park in a far parking spot wherever I go, aside from restaurants, they make me park right in front of them

I think the car makes a fantastic DD, I will actually be putting mine for sale as I have made a big sale in my line of work and will be looking for a Gallardo, check the classifieds soon if your interested. Either way, a 360 will make a great DD just make sure its a 6-Speed with the services up to date, buying a salvage you don't know the history so make sure you get it for a good enough price where you can do the maint!

Edit just read the above post about rain, the 360 is fantastic in the rain, I have never lost control, even when I wanted to make a rough turn, the ASR kicks a**!

 

Mike, how much is the actuator? I'm coming up to warranty renewal time and I've been researching how much certain parts will cost if they go bad. The car is solid without problems so far( knock wood). I've already spent ~8k on the extra warranties and inspections. This year I may forego it.

 

Sorry that is what I meant, there is more to replacing one and they wear faster

 

I don't know exactly (and I don't want to find out), but it seems like a very very rare problem where some can leak. Most can be repaired somehow given what I've read, but I really have no idea how. When it comes to replacement, I've seen numbers anywhere from $8k to $12k IIRC, which is literally insane, even for Ferrari. Then again, I almost decided to turn down $35 annual no deductible glass coverage on my 360 until I found out the windshield cost $1,800-$2,000 to replace if a rock cracks it. Then there was that surprise that Ferrari wants $900 for wheel bolts when I bought the F430 wheels (Racambi was about 1/2 that IIRC), just crazy and then there is the CS and $10k carbon fiber mirrors and Scud with $4k headlight housing...lol. Non car people love to hear these things we put up with.

I paid $2k to keep the extended warranty on my 996tt when I bought it. My experience in dealing with warranty companies has been that everything that actually needs work is maintenance item and excluded or otherwise not included in the "comprehensive" policy. I'll never pay for another extended warranty again and much prefer to take my chances, which are obviously better "on average" otherwise the insurance companies would not make money and not offer these extended warranties.

 

^thanks for the info. I also have heard the ~$10k for the actuator (or whatever the exact name is). It is crazy. Always take the glass coverage. I have to look but someone on here, or maybe my insurance company said the rear glass windshield on my 430 (probably your 360 too) costs an insane amount of money. And it's way more than the front one. Always take the glass coverage. I'm currently having my silverados windshield replaced.

It does seem that many items conveniently become excluded when there is a problem. I think I'll save the money this time for repairs, or lug nuts .

 

Would a warranty extension have covered it?