360 - 2004 360 - rebuilt title | FerrariChat

360 2004 360 - rebuilt title

Discussion in '360/430' started by wheretheroadends, Nov 6, 2019.

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  1. wheretheroadends

    wheretheroadends Karting

    May 25, 2007
    63
    Los Angeles, CA
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    Payman Nia
    #1 wheretheroadends, Nov 6, 2019
    Hi all, I've been looking for a "no-brainer" deal on a gated 360/430 and no luck yet. I have, however, been following this listing for weeks and was wondering if general consensus would be that next owner is going to be the last owner? (for all practical purposes).

    https://www.ebay.com/itm/2004-Ferrari-360-2dr-coupe/143409694640
     
  2. pilotoCS

    pilotoCS F1 World Champ
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    #2 pilotoCS, Nov 6, 2019
    Have you driven it?

    There are plenty of cars that have rebuilt titles that drive well. If bought well, they can be bargains. Get a PPI from someone who knows what to look for.

    Yes, selling it later will have the potential buyers asking the same questions you have now. Can you live with that? If so, go for it.
     
  3. RedNeck

    RedNeck F1 World Champ
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    #3 RedNeck, Nov 6, 2019
    Not at anywhere near that price, and not without a full explanation and pictures of all repairs and pre-repair info.
     
    APA#1, Apollo 11 and flat_plane_eddie like this.
  4. wheretheroadends

    wheretheroadends Karting

    May 25, 2007
    63
    Los Angeles, CA
    Full Name:
    Payman Nia
    #4 wheretheroadends, Nov 6, 2019
    Though I myself am in CA, I'd have a PPI done at either a F dealer or a reputable independent. I believe car was originally advertised as a theft recovery but a VIN search brought up previous listings that mention front end collision. ONLY reason this is even a thought is the fact that it's now rebuilt and being sold by a dealer in CA so title and smog won't be a surprise. If things don't get thrown off track for me, I plan to keep this purchase (whatever specific vehicle) for a good while...at least as long as I have my POS Toyota pick up truck, which is probably going to outlive me, just so I can finally sport the "My other car is a Ferrari" plate frame (yes, I'm a product of the 80s) and smile all day when I'm driving either car as I'd probably be one of the only owners of 2 such contrasting vehicles who could back up the frame's message lol
     
  5. wheretheroadends

    wheretheroadends Karting

    May 25, 2007
    63
    Los Angeles, CA
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    #5 wheretheroadends, Nov 6, 2019
    Would certainly request/dig up all I could as far as explanation/pics but I'm pretty much in the dark as far as strike price (even if everything does check out fine). This is the other site I found:

    https://saleofcar.com/2004-ferrari-360/0167959
     
  6. flat_plane_eddie

    flat_plane_eddie F1 Rookie
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    Mar 30, 2013
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    #6 flat_plane_eddie, Nov 6, 2019
    Way overpriced for salvage. Unless you don't care about resale...
     
  7. wheretheroadends

    wheretheroadends Karting

    May 25, 2007
    63
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    Payman Nia
    #7 wheretheroadends, Nov 6, 2019
    I totally care about resale so am I wrong in assuming that rebuilt would be in a different category?
     
  8. henryr

    henryr Two Time F1 World Champ
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    #8 henryr, Nov 6, 2019
    rebuilt - savage-stolen recovered-etc

    all gets lumped into the same story car catagory
     
  9. wheretheroadends

    wheretheroadends Karting

    May 25, 2007
    63
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    #9 wheretheroadends, Nov 6, 2019
    got it, thanks and so a difference might be that an insurance company that doesn't cover a salvaged car might cover a rebuilt title right?
     
  10. vrsurgeon

    vrsurgeon F1 World Champ
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    #10 vrsurgeon, Nov 6, 2019
    All depends how it drives and what the damage was, etc. If you don't care about resale, the car might not be a bad purchase. Problem is it's a salvage car. I wouldn't pay that with the salvage title. I'd be paying $30's to 40s regardless of the 3-pedal. though with my luck I write this and they appreciate to the moon and become $200,000 cars.
    I doubt it.. but still....
     
  11. wheretheroadends

    wheretheroadends Karting

    May 25, 2007
    63
    Los Angeles, CA
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    #11 wheretheroadends, Nov 6, 2019
    Ha...if they do we'd both be more regretful for not buying a clean title 2002 @ $80-90K.
     
  12. vrsurgeon

    vrsurgeon F1 World Champ
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    #12 vrsurgeon, Nov 6, 2019
    Right? :) full disclosure: i didn’t buy a 512bb when they were $95k because I couldn’t afford to. Not because I didn’t think they’d one day be worth more...
     
  13. flat_plane_eddie

    flat_plane_eddie F1 Rookie
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    #13 flat_plane_eddie, Nov 6, 2019
    If you care about resale then tops 40 for it. Might be worth a bit more, like 45k, but 40 is safe.
     
  14. flat_plane_eddie

    flat_plane_eddie F1 Rookie
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    #14 flat_plane_eddie, Nov 6, 2019
    If you care about resale then tops 40 for it. Might be worth a bit more, like 45k, but 40 is safe.
     
  15. West Point

    West Point Karting

    Oct 21, 2019
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    #15 West Point, Nov 6, 2019
  16. wheretheroadends

    wheretheroadends Karting

    May 25, 2007
    63
    Los Angeles, CA
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    Payman Nia
    #16 wheretheroadends, Nov 6, 2019
    Well if it's proper, I don't think I would pass it up at those prices. Thanks for the input
     
  17. Apollo 11

    Apollo 11 Karting

    Feb 11, 2019
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    #17 Apollo 11, Nov 6, 2019
    Boy, I'd really like to hear this story ;)
     
  18. wheretheroadends

    wheretheroadends Karting

    May 25, 2007
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    #18 wheretheroadends, Nov 6, 2019
    Sent
     
  19. wheretheroadends

    wheretheroadends Karting

    May 25, 2007
    63
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    #19 wheretheroadends, Nov 6, 2019
    Thanks, I think LOL
     
  20. wheretheroadends

    wheretheroadends Karting

    May 25, 2007
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    #20 wheretheroadends, Nov 6, 2019
    Sorry, thought that said "Buy, I'd really like to..."
     
  21. Robb

    Robb Moderator
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    #21 Robb, Nov 6, 2019
    Seller indicated it was simply a parts theft but other reports say otherwise so do your due diligence...

    Robb
     
  22. vrsurgeon

    vrsurgeon F1 World Champ
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    #22 vrsurgeon, Nov 7, 2019
    Ah. The honesty of the dealership process... :)
     
  23. West Point

    West Point Karting

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    #23 West Point, Nov 7, 2019
    One of the original (pre-salvage) owners of this very car was active on here on FChat when he had the car. Search for the VIN on FChat and you’ll find him. He sold the car, but keep reading and you’ll discover what really happened.


    Sent from my iPad using FerrariChat.com mobile app
     
  24. Jaguar36

    Jaguar36 Formula Junior

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    #24 Jaguar36, Nov 7, 2019
  25. RedNeck

    RedNeck F1 World Champ
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    #25 RedNeck, Nov 7, 2019
    Last edited: Nov 7, 2019
    Reminds me of the time I was living in my singer's basement with no more than a case of beer to my name and watched a Mondial on ebay go for $15k.
     
    vrsurgeon likes this.
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