I'm considering purchasing a 360

Horse poop.

The Blue convertible at Sarasota Lambo??

The dealer is required to make the exhaust system and the emissions systems work properly before they can sell it. It's a federal law. Florida is not exempt from that law. Just because we don't have to get our cars inspected, doesn't mean we can ignore the EPA rules about exhausts and catalytic converters.

Oh, and if it's a Euro car, the check engine light shouldn't be on, no matter what exhaust it has. The CEL might be something simple, or it could be a head scratching $10K repair. Welcome to the joy of shopping for Ferraris from someone who doesn't give a crap about what he's selling, or who he's selling it to.

Lots of 360's out there, Euro market cars are tougher to sell, sit longer waiting to be sold. don't know if his price is great or not, as I've stopped following the 360 market, but others here can chime in.

good looking car, if that's the one.

D

Oh, and welcome aboard.

 

Makes no sense...as if euro cars drive around with CELs on all the time.
Hard pass on dishonest or not knowledgeable dealer.
Too many 360s on the market for games. It’s just me but I’d feel ghetto driving around in a Ferrari with CELs on all the time.

 

Their site says “no haggle pricing” so your offer may not go far.
I personally would keep shopping....it’s a very average spec, average mileage car at a reasonable price. I don’t think you’ll have a hard time finding something at least as good.
If for whatever reason you’re smitten by this one, insist it get repaired, and get a 3rd party PPI ( NOT BY THEM).

 

i am always surprised when i hear some dealer telling porkies to prospective buyers.....do they not know that fchat exists and we talk about them???

 

True story.

I bought a similar 360 a few years ago. I was also told the check engine light was just the exhaust and wouldnt be a problem. 6 months and 3 shops later i sold it with the check engine light still on.

 

My advice, don't buy your first Ferrari without having a reputable indy shop with lots of Ferrari experience or a Ferrari Dealer do a PPI. The CEL's are a headache on these cars as has been mentioned before.

A note about PPI's. They are not perfect and they do miss stuff and some are worth something and others are not worth much. The CEL and getting the car on the diagnostic machine will be a big help. Run a Paint meter and have them check it for prior damage repairs.

And, if you want to go in with your eyes open, at least read the sticky threads at the top of the 360 forum. Do some creative "searches" of the 360 forum using key words like PPI, problems to avoid, etc, to get a bit educated on what these cars require and what to look for.

Good luck. The 360 is a great choice for a first ferrari.

Oh - I'd find another dealer. I don't like being played for a fool, but that's just me. There are loads of 360s out there. And, I guess I'll add, buying the "right" car is really important with Ferrari's due to the much-higher-than-other brands repair costs. So don't rush or fear that "this car will get sold". There are many out there. Try to buy a car with some history you can get some intel on (a board member here that is local to you, or a local F-club or car club).

 

At a minimum, read the CEL code and go from there. It can possibly be a good deal!

 

FYI mine is a 1999 euro model. My CEL has NEVER been on. It also runs right, starts right up and has no problems. Idiots. Don't they realize that there is a thing called "THE INTERNET" that lets people ferret this out?

As above, The thing to do is ask them if you can stop by and plug this "OBD-2 reader that you borrowed from Autozone into it to see what the codes are". The important thing is, just like a Porsche, why the car feels it needs to show a check engine light. My bet is the coils have never been changed and it's heating up the cats or DID heat up the cat. Could also be a bad o2 sensor. Won't know until the OBD-2 codes are available.

 

If you're gonna check codes, let them plug it in to their OBD reader while you're there. Don't bring your own, let them do the work.

If you're going to buy this car, get them to fix it, then get a short (maybe 90 day) warranty from them on the work. If it's gonna fail again, most likely would be relatively soon after whatever repairs they do.

Also Euro car, worth less $$ than a US car same spec. That's just the way it is. A little harder to sell on later, as well.

I'd get back out there, find a US spec car with no issues, and then set $10K aside to fix the "no issues" car once you acquire it. I'd also try to find one at a Ferrari dealer, and get a 90 day warranty. I did that when I bought my 360, and it saved me several thousand dollars as the brakes needed to be replaced and a couple of suspension actuators went haywire in the 1st 90 days.

I think part of the reason I got no argument on ANY of this was the good relationship I had developed before hand with the dealer. I don't think that's possible given the scenario you've described with this dealer.

D

 

As others have said, get a PPI. If they won't allow it, RUN away from that car.

 

Have you read this:

https://www.ferrarichat.com/forum/threads/faq-shopping-for-a-used-360.191837/

 

Like others have said, have them show u the codes on the OBD.....your best friend in car shopping is a code reader of your own, invaluable buddy in looking at cars and just for your own future use !

 

Aftermarket headers + Fabspeed high-flow cats + Tubi = CEL all the time, "Air / Fuel mixture" error, even with extenders.

From my limited understanding of 360s, Euros do have different software and some different components.

 

Doesn't matter why.

Can't sell the car legally, anywhere in the USA if the CEL is caused by the emissions or exhaust system,

not to mention tampering with the cats by swapping with non factory is a no-no. Can't imagine why they'd WANT to sell a car with an exhaust issue, if that's the cause.

I guess they took it in trade on a Lambo, but would be better for them to wholesale it to another dealer and make it their problem.

D

 

If the CEL is on and the dealer expects to sell it like that... Not only would I be concerned for the reason the light is on but if a dealer thinks selling a car with a CEL lit is OK???

I've had it come on once on my Euro 2001 360. It was because the petrol cap was not on tight enough.

 

FIFY.

only other close by I see is this. US spec, similar equip, lower miles, same money

https://www.cars.com/vehicledetail/detail/719141428/overview/

I don't think this is a screaming good deal for an F1 trans Euro car. But again, I'm not up to date on prices, can only go by what's on cars.com.

D

 

Meh. I'd think more in the $70 range personally.

 

This is funny on the new models since on earlier models (ex Boxer or 308) you pay a premium for a Euro car.

OP, if you want this car, get a PPI from a good Ferrari mechanic and get a quote for fixing this problem.

 

Agreed. I would prefer a Euro car for pretty much any version. 360 included.

 

Great car but couldnt pass smog so couldnt be registered. I dont have the patience for that after 3 shops trying to sort it out

 

62.5k.


Be patient. Bargain hard and slow.