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

I'm not sure technology is much of a factor in it...lots of valuable muscle cars with carbs, solid lifters, bumpy cams, lousy brakes, slushy 3 spd transmissions etc. Ie. basically antiquated tech.

 

I love how F355 owners come into the 360 section and dictate to 360 owners that the 360 won't be worth a dime in the future but the F355 is an appreciating asset.

They must be bored waiting to have their engines put back in..... again.

 

In garages?

 

You mean to tell me young people dont have nostalgia for things their PARENTS grew up with? Shocking.... Generations grow nostalgic for their childhood/young adult possessions only as they AGE! It only makes logical sense if you actually think about it..... Just like every generation prior, as they age they will crave the things from THEIR past.

 

You're actually agreeing with what I said in that antiquated technology is sometimes more desirable, otherwise you've got a Lexus.

 

Small correction, 360 has hydraulic lifters.


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And doesnt require engine out servicing either.

 

Yup. Engine out for service? That's already the thing of the past. The last model with the "engine out service" is the F355.

Whoever said "needs engine out" is trolling.

 

so....iphone4's? Vintage computing, that's hot. :rolleyes

people talk about the death of kids being interested in cars. i think there are just as many, it's just that we, as a whole, have a view of so many more people than we did in the past, and have views of so much more outside our immediate circles.

sjd

 

I'll take a 40's or 50's Ferrari, maybe I'll find a bargain if there's no push on prices......

 

No engine out necessary in the 360. I have owned 2 of them and they are reliable and exhilarating cars to own. Basic maintenance and that's it. Great cars.

 

The 360 doesn't require engine out and also the information I've seen on this forum is that typically the 430's end up costing a little more to run even though they don't require any belt service and the 360 is perhaps as or more reliable than the 430.

 

So having 3 kids ( plus knowing their friends, boyfriends and a son in law) all in the millennial generation I can say this. This is generally an eclectic group. There are a some who respect our "old school" values. However there are many in this generation well...

Some examples:

I was at a local car show with the 360 yesterday. Was at a local state university and maybe 800 cars (all types).

Well remember the old joke: how do you make a Ferrari disappear? Answerark a lambo next to it. Well it gets worse, they put me between a 2014 gtr and a tesla xp100D. To this audience of mostly millennials my car was virtually invisible. Don't get me wrong, I appreciate the testa and gtr as marvelous tech/ engineering innovations. I was interested in checking them out also, but the relative lack of interest was fascinating. Some folks were actually backing up and leaning against my car to get a picture of the tesla SUV with gull wing doors open.

Also yesterday, I had a frank talk with my 22 year old daughter. She told me the most common way for her generation to meet and date is online dating. She told me that there is a constant competition using Snapchat and Instagram to portray yourself as sexually provocative, and exciting. I couldn't imagine trying to date in this environment. She told me there is a constant competition and the temptations are ever present.

This lucky/unlucky generation is constantly inundated by technological marvels and have become accustomed to planned obsolescence. They are always seeking something newer, better, sexier, and more exciting. I joke with some of these kids that everything to them is a "toaster" aka Just a disposable appliance. No need to take meticulous care of or get attached to things.

Hopefully they will acquire a taste for more classics and when they do the 360's that survive will be sought after as an attainable piece of automotive history.

For now I feel the prices will continue to hover and drop in the foreseeable future. With so many 360's out there and now the discontinued 458's bumping the 360 down further because the supply of discontinued models has risen. Simple, supply and demand, prices will drop.

I love mine, and it's a keeper. I will continue to drive it until I can't, then I will pass it to my youngest daughter (who is currently in the market now for a MGB ugggg, be careful what u wish for)!


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The 355 has hydraulic lifters too I believe.

 

Correct!


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Ahhh..ok , I misunderstood the point you were making,

 

So does the 360.
Oops already covered off.

 

Many defensive comments about the 360, point taken. I was asking if it's the last of an era but that's not what I heard. So what makes it coveted?

 

What makes ANY Ferrari coveted? Looks, experience and rarity right? Many would like a LaFerrari but it's so rare. It's all individual right?

The 360 is the first of the "modern" Ferrari's. All aluminum construction, aerodynamics guiding the design principle. Modern comfort and feel. If you like to use a stick shift and don't want some eighties design relic (*jk*) the 360 is the second to last mid engine model you can have that experience in.

 

It's the last of an era and the beginning of an era. It's an iconic model that will be coveted for those very reasons. It will appeal to the purists with it's sublime little Dino derived V8 and to those that appreciate the modern aspects, chassis, interior, wide body, reliability and ease of maintenance.

 

Ferrari seems to make a new version of the previous model every five years or so. And every ten years they introduce a completely new car. Think back; this is how it works.

360 was one of these completely new cars. It has just the right amount of tech. Also last model to have those four distinctive big taillights. One definition of an F-car look.

Three pedal Modena is the model that will hold it's value best as times go on. You can track it but mostly you will enjoy it on curvy roads and boulevards. It's definitely very beautiful, streamlined and sleek car. Ages extremely well. That will not go away.

 

The 360 in 5 or 10 years will still be in my garage.

That didn't contribute but that's what I know for sure.

 

One good point would be the fact that 6speed manuals are keepers! People love them and keep them. This drops the amount of cars being on the market and pushes the prices even more. The law of supply and demand

 

Sorry mate, this is only my humble point of view from my very limited experience from these cars. But I do collect many other things like watches, coins and old comic books. More produced equals less sought after which equals prices wont climb. Only difference here being that a car is a thing that is being used thus the general mileage and wear & tear combo affect the prices hugely.

But a general point of view: demand, rarity and "sought afterness" (sorry my poor English) makes prices going up (or down) and I don't see any real demand for an average F1 tranny 360. Very, very low mileaged ones, CS's and manuels are different story. But the very basic Rosso Corsa 360 Modena F1 with roughly 50-70k miles on the odometer.

 

No problem on the english. I'll give you that different countries vary in the amount of cars that were allocated. This will affect demand. Also, import taxes and duties etc. will have an effect on the price. I don't know if you can compare different markets equally. Similarly, the watch market, coins and old comic books really don't have any relevance to cars. You don't have to register a comic book to own it, you don't have to pay registration fees on the Patek Complication on your wrist. But you do with a car. That you know collectable comic books.. well.. kids today don't even read comic books. At least, they don't here. So.. how that relates to expertise in tastes in buyer 5-10 years down the line.. meh. 355 owners all have flawless cars. They never have any of the "issues" that the car is known for. And well the car has a reputation for a reason. Expensive to maintain. And in my humble experience.. that doesn't equal desirability from a generation with no money.
Don't be mistaken.. 355's with 50-70k miles here aren't worth anything either.