2000 Ferrari 360 Modena Gated 6 Speed Red/Tan | Page 2 | FerrariChat

2000 Ferrari 360 Modena Gated 6 Speed Red/Tan

Discussion in 'Ferraris' started by RammJaeger, May 19, 2017.

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  1. hockeymotox

    hockeymotox Rookie

    Nov 18, 2013
    4
    Atlanta, GA
    #26 hockeymotox, Mar 1, 2018
    I've seen this car at FOA when it was in for it's last service. Gorgeous car, great spec. If this car is somehow still available this summer it will be mine. Glws!

    Sent from my iPhone using FerrariChat.com mobile app
     
  2. RammJaeger

    RammJaeger Karting

    Jul 24, 2016
    153
    Woodstock, GA
    #27 RammJaeger, Mar 2, 2018
    Thanks for the kind words guys!
     
  3. Fabate87

    Fabate87 Karting

    Feb 16, 2014
    51
    Chicago
    #28 Fabate87, Mar 11, 2018
    fantastic manual 360, GLWS
     
  4. RammJaeger

    RammJaeger Karting

    Jul 24, 2016
    153
    Woodstock, GA
    #29 RammJaeger, Jul 25, 2018
    This car is now up for auction on Bring A Trailer:

    https://bringatrailer.com/listing/2000-ferrari-360-modena-4/

    Quick reminder, since I posted this up for sale a lot of nice things have been done to the car. It just received it's major service, remaining sticky items were destickied (air vents and steering column cover), and a small oil leak was discovered in a tricky spot that required pretty extensive disassembly to repair was fixed. The car is now in premium condition and ready for its next owner with no stories and no excuses.

    Happy bidding everyone!
     
    550nitis likes this.
  5. RammJaeger

    RammJaeger Karting

    Jul 24, 2016
    153
    Woodstock, GA
    #30 RammJaeger, Jul 27, 2018
    Hi everyone,

    I've put together a short video of the car for anyone interested in seeing more of the car, hearing the engine and amazing exhaust, etc. You can find it here on YouTube:



    Thanks!
     
  6. rajn72

    rajn72 Rookie

    Feb 11, 2004
    49
    #31 rajn72, Jul 29, 2018
    Car stil available? Raj.. 2145328896
     
  7. RammJaeger

    RammJaeger Karting

    Jul 24, 2016
    153
    Woodstock, GA
    #32 RammJaeger, Jul 29, 2018
  8. Fabate87

    Fabate87 Karting

    Feb 16, 2014
    51
    Chicago
    #33 Fabate87, Jul 31, 2018
    will you be selling it that cheap??
     
  9. RammJaeger

    RammJaeger Karting

    Jul 24, 2016
    153
    Woodstock, GA
    #34 RammJaeger, Jul 31, 2018
    It’s an auction, with a reserve. If the auction doesn’t hit the reserve, it won’t sell. And nope, I’m not letting it go cheap :)
     
  10. RammJaeger

    RammJaeger Karting

    Jul 24, 2016
    153
    Woodstock, GA
    #35 RammJaeger, Aug 1, 2018
  11. aventari

    aventari Karting

    Dec 9, 2010
    66
    San Diego
    #36 aventari, Aug 1, 2018
    Wow, $5000 bidding fee is crazy high.
     
  12. 19633500GT

    19633500GT F1 World Champ
    Rossa Subscribed

    Nov 9, 2010
    11,989
    Blueberry
    Full Name:
    Muffin-Tops
    #37 19633500GT, Aug 1, 2018
    How so?

    That’s MAX.

    Compare to going to auction and buying or selling a car. 10% is the low buyers and sellers fee = 20% for the House...
     
  13. ferralc

    ferralc Formula 3
    Owner Silver Subscribed

    Sep 2, 2010
    1,971
    San Diego CA
    Full Name:
    Fernando
    #38 ferralc, Aug 1, 2018
    it is 10% capped at 100k, very reasonable vs any other form of selling (other auctions that charge buyer AND seller 10% or a consignment dealer fee)
     
  14. jkfuel

    jkfuel Rookie

    Jun 24, 2018
    18
    DFW, TX
    Full Name:
    Brian
    #39 jkfuel, Aug 1, 2018
    Will be interesting to see where this closes!
     
  15. ferralc

    ferralc Formula 3
    Owner Silver Subscribed

    Sep 2, 2010
    1,971
    San Diego CA
    Full Name:
    Fernando
    #40 ferralc, Aug 1, 2018
    capped at 5% sorry.
     
  16. ferralc

    ferralc Formula 3
    Owner Silver Subscribed

    Sep 2, 2010
    1,971
    San Diego CA
    Full Name:
    Fernando
    #41 ferralc, Aug 1, 2018
    91k, the market is REALLY SOFT, I will keep my car until I die I guess.
    congrats to the buyer he got a good deal.
     
  17. jkfuel

    jkfuel Rookie

    Jun 24, 2018
    18
    DFW, TX
    Full Name:
    Brian
    #42 jkfuel, Aug 1, 2018
    So the buyer pays just under $96k for the car after fees?
     
  18. 19633500GT

    19633500GT F1 World Champ
    Rossa Subscribed

    Nov 9, 2010
    11,989
    Blueberry
    Full Name:
    Muffin-Tops
    #43 19633500GT, Aug 1, 2018
    Correct
     
  19. RammJaeger

    RammJaeger Karting

    Jul 24, 2016
    153
    Woodstock, GA
    #44 RammJaeger, Aug 1, 2018
    It sold for $91,000. That is much lower than I was shooting for, as I have about $130k in the car. But with the BaT buyer's fee the buyer is paying $96,000, plus shipping etc. The buyer is getting a HECK of a deal, as this car is super well sorted.
     
  20. jkfuel

    jkfuel Rookie

    Jun 24, 2018
    18
    DFW, TX
    Full Name:
    Brian
    #45 jkfuel, Aug 1, 2018
    Did BAT ever ask you to lower the reserve/ have the reserve lower than you wanted? I've heard that sometimes they won't even post ads unless it's a no reserve auction.
     
  21. alexion

    alexion Formula 3
    Silver Subscribed

    May 20, 2013
    1,310
    New York
    #46 alexion, Aug 1, 2018
    Is this a true indication of a softer market? I don’t really follow the value of 360’s but I’m surprised at how low this sold for. I don’t think you can ask for a nicer example and this is a ton of car for the money.
    If it’s a soft market, why? Sure, the stock market is up, blah blah, but these aren’t investments I thought. If they aren’t investments and people are making money in the market, shouldn’t they have additional disposable income, thus propelling the Ferrari market higher? Is it a demographic thing? I don’t get it.


    Sent from my iPhone using Tapatalk
     
  22. MrRdStr

    MrRdStr Formula Junior

    Feb 24, 2008
    685
    Southern California
    Full Name:
    AJ.
    #47 MrRdStr, Aug 1, 2018
    Sweet deal thats for sure
     
  23. RammJaeger

    RammJaeger Karting

    Jul 24, 2016
    153
    Woodstock, GA
    #48 RammJaeger, Aug 1, 2018
    BaT originally asked me to set the reserve much lower than I wanted. I refused, and then eventually they emailed me back and said "Ok we'll take it for that reserve."

    I lowered the reserve at the last minute, as I really needed to make room in my garage. Leaving a brand new Dodge Demon outside was starting to get to me :)
     
  24. RammJaeger

    RammJaeger Karting

    Jul 24, 2016
    153
    Woodstock, GA
    #49 RammJaeger, Aug 1, 2018
    As much as I hate to admit it, the market is soft. I bought this car for about $90k and put $30k in fixing it up. The car has been for sale for a year and a half, and I couldn't even get a bite at $100k. Wish I could hold onto it for a few more years, as I'm sure I will be kicking myself when these are going for $200k plus. The new buyer got a heck of a deal.
     
    barada, Adam Gasper and alexion like this.
  25. jkfuel

    jkfuel Rookie

    Jun 24, 2018
    18
    DFW, TX
    Full Name:
    Brian
    #50 jkfuel, Aug 1, 2018
    Thanks for being so open, it's been very informative.
     
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