New to 360 and Ferrari | FerrariChat

New to 360 and Ferrari

Discussion in '360/430' started by unixphone, Aug 22, 2022.

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  1. unixphone

    unixphone Rookie

    Aug 7, 2022
    10
    Full Name:
    Quen
    Hello,

    i just purchased a gated 2001 Ferrari
    Vin: ZFFYT53A110122932 with 26,300 miles on it.

    The car was posted online yesterday and i wired the fund today…
    https://www.shaverauto.com/inventory/used-2001-ferrari-360-modena-spider-rwd-2d-convertible-zffyt53a110122932


    Bad news:
    No inspection or documents on servicing record

    Good news:
    I found some information online in regard to this car
    https://www.platinumautohaus.com/2001-ferrari-360-spider-c-13902.htm

    https://classiccars.com/listings/view/1606537/2001-ferrari-360-spider-for-sale-in-santa-barbara-california-93103

    Any thoughts?
     
  2. Extreme1

    Extreme1 Formula 3

    Jun 27, 2017
    1,379
    Santa Clarita, CA
    I would go through the car and do all the routine servicing. Oil/filter change, air filters, gearbox oil change, brake fluid flush, etc. Hopefully you are mechanically inclined and can do it yourself.

    Lots of YouTube videos to help you.

    Nice car!


    Sent from my iPad using FerrariChat.com mobile app
     
    one4torque and unixphone like this.
  3. Kent Adams

    Kent Adams F1 Rookie
    Silver Subscribed

    Sep 11, 2020
    2,979
  4. unixphone

    unixphone Rookie

    Aug 7, 2022
    10
    Full Name:
    Quen
    This is odd the car fax mileage is different. The seller also told me its 26,218. The dealer said the previous owner had it 2020 and only drive it 1k miles. The story matches the carfax.

    whats the differences between vin check and carfax?
     
  5. WashingtonFerrari61

    WashingtonFerrari61 Formula Junior

    Jun 26, 2022
    460
    Northern, VA
    I would only be concerned about the belt service. Trading in a F-car at a Jeep/Dodge dealership is interesting.
     
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  6. unixphone

    unixphone Rookie

    Aug 7, 2022
    10
    Full Name:
    Quen
    Thats my concern. I got it for 105k and about 116k out of the door.

    without servicing record, can the mechanic tell belt service was done or not? I read somewhere major service and timing belt cost about 10k to 15k?
     
  7. Drfrakes

    Drfrakes Rookie

    Jul 19, 2014
    35
    These cars are pretty bulletproof unless they were totally neglected
     
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  8. mx1

    mx1 Karting
    Rossa Subscribed

    Feb 16, 2022
    99
    CT
    Full Name:
    Danny
    Second that- but if there are multiple issues popping up and you are not willing to put in the multitude of hours doing it yourself just get another major done and you shouldn’t have much worries
     
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  9. WashingtonFerrari61

    WashingtonFerrari61 Formula Junior

    Jun 26, 2022
    460
    Northern, VA
    No way, a belt service should be $3,000 max. My service records showed 2k for the service.
     
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  10. unixphone

    unixphone Rookie

    Aug 7, 2022
    10
    Full Name:
    Quen
    When i was shopping for spider, a shop quoted me as is or extra 10k for “timing belt and new clutch”.
     
  11. Extreme1

    Extreme1 Formula 3

    Jun 27, 2017
    1,379
    Santa Clarita, CA
    $10K for a belt service and a new clutch is about right, depending on if that included a new flywheel and throw out bearing. Just the belt service should be $3000ish. Check around where you live for an Independent shop, do not go to a dealer they are too expensive.

    Any shop or someone with a Launch will be able to read your clutch wear very easily.


    Sent from my iPad using FerrariChat.com mobile app
     
  12. 67bmer

    67bmer F1 Rookie
    Silver Subscribed

    Oct 28, 2015
    2,703
    MD
    If you remove the interior panel, you can loosen (but not remove) the belt covers and should be able to find the date code on the belts. That will give you the maximum age of the belt. For example, if its a 2012 belt, its likely 9-10 years since service.

    I did my own work on a major service. I expect prices have increased some since then.
    https://www.ferrarichat.com/forum/posts/148373986/

    Also an FYI - that car appears to have quit a few modifications throughout if you like that. Those seats are so nice, that I suspect they have been re-covered...
     
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  13. RedNeck

    RedNeck F1 World Champ
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    Jul 8, 2016
    11,986
    The CSA
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    I'd say just get it done at a good indy for peace of mind and have them check over the car. We'll help you decided what needs done right away based on what they find. If you got that car for 116k all included you scored a great deal.
     
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  14. G8TD

    G8TD Karting
    Silver Subscribed

    Apr 25, 2004
    119
    Houston
    Full Name:
    Joe
    Nice looking car..Enjoy!
     
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  15. unixphone

    unixphone Rookie

    Aug 7, 2022
    10
    Full Name:
    Quen
    Im still waiting for them to ship the car but cannot help keep thinking this question…

    The vin matches the cam variator (campaign recall) short list. Two things in my mind:

    is this a one time issue? Just replace when i change timing belt or every time i change timing belt i need to look into this? Because there are like 5 owners before me and i think they did some modification (no idea what they did). I assume someone should have taken care of it.
     
  16. JM280z

    JM280z Formula Junior

    Aug 22, 2020
    852
    Full Name:
    Jake
    Congrats! If it’s a long-term asset, it will appreciate.

    Very reliable Ferrari. Imo, they’re easier to work on than the common car now-a-days. Learn to do everything yourself, it’s really not that hard. Just utilize forums and ask people for help. Find a friend locally who may be able to help out. If someone else can do it, you can too (with the right tools)!


    Sent from my iPhone using FerrariChat
     
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  17. RedNeck

    RedNeck F1 World Champ
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    Jul 8, 2016
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    That has been discussed at length on this forum. IF the variators have not been replaced and upgraded to the "new" style, then it should be done but it is indeed a one time deal as the variators are assumed to last 60k miles.
     
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  18. Shorn355

    Shorn355 F1 Veteran
    Rossa Subscribed

    Jan 13, 2011
    6,857
    Colorado
    Full Name:
    Scott
    Major at a dealer for a 360 should be $4k max barring any significant issues- and since it's a manual you don't have to worry about F1 pump which was a pricey issue on some F1 360s.

    My advice fwiw- you bought it right given the current market for any gated Ferrari- Take it to a proper Dealer- have them go through it and do a major+ anything else of significance- Then you have a baseline and can enjoy the car and then continue to maintain and document the maintenance properly going forward.

    You can also go to Ferraris website - create an account and as an owner you can register it in My Garage so as it's serviced it's logged.

    Unless you either already have or plan to invest in the necessary tools, equipment etc to be a DIYer then let the pros do it. Having a 6-figure project car is not a lot of fun.

    Cheers :cool:
     
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  19. FatMike

    FatMike Karting

    Jul 4, 2018
    164
    Marco Island, FL and sometimes NJ
    Full Name:
    Mike
    I would establish a relationship - as a priority now - with a local independent shop. I would do a full major service on the car:

    - Drive belts. This is not negotiable. If you don't know for certain they were changed recently by a credible shop this must be done.
    - All fluids and filters. Especially the gearbox fluid and filters.

    How does the top work?

    Check age of tires and make sure the brakes are 100%. Replace anything that needs to be done mechanically.

    Then, start to work on how to sort the car cosmetically. Post some pictures when you get the car.

    Report back on your test drive. How is 2nd gear?

    Get a trickle charger and use it. If the battery isn't 100%, replace it.

    Congrats on the car. I'm sure a bit scary, but 360s are good cars. Hope you have success with it!

    /
     
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  20. JM280z

    JM280z Formula Junior

    Aug 22, 2020
    852
    Full Name:
    Jake
    Good advice on the battery and trickle charger!


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  21. Shorn355

    Shorn355 F1 Veteran
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    Jan 13, 2011
    6,857
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    Scott
    Agree- That said, 360s have a battery cut off switch so use it.

    And if you hard wire the battery tender do it so the switch does not need to be on to charge/float.

    Cheers :cool:
     
  22. Shorn355

    Shorn355 F1 Veteran
    Rossa Subscribed

    Jan 13, 2011
    6,857
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    Scott
    All great advice- But IF you have a local dealer I would advise building THAT relationship as a priority and find/have an "independent" as a backup- or if a proper local dealer is not available or logistically feasible then an "independent" may be your only choice.

    Compare rates and attitudes between the dealer and the independent- some dealers are awesome and their rates are same or comparable as "independents" (FoD is an example) / some suck and overcharge - some "independents are reputable and awesome (we have two in Colorado) / some suck and do crap work with no factory oversight or support.

    This constant disdain for proper Ferrari dealers and love affair with "independents" amazes me and is specific to the Dealers and "independents" - its not that way everywhere.

    Yes it's an older Ferrari- but it's still a modern Ferrari and requires specific tools, skills, diagnostic equipment and knowledge.

    Cheers :cool:
     
  23. ForzaYYZ

    ForzaYYZ Karting

    Sep 4, 2016
    67
    Toronto, Canada
    Full Name:
    Sebastian
    Congratulations - she's a beaut. Love the blue stitching on the steering wheel and piping on the seats. Yellow calipers look awesome. Good luck sorting her out - mine had a terrific service history and it still cost me a few bucks when I got her, per the solid advice above. Cheers
     
  24. swc5150

    swc5150 Formula Junior
    Rossa Subscribed

    Jan 5, 2021
    696
    Wisconsin
    Full Name:
    Scott Calderwood
    Another thought on the dealer relationship is being able to get all records Ferrari has on your car. I didn't have too many records on my 430 when buying it (but it was inspected), and my service adviser traced it back to the original dealer, who then supplied them.

    A good indy can save you lots of money as well, plus doing the simple things on your own if mechanically inclined. Just document your work and save receipts obviously.
     
  25. unixphone

    unixphone Rookie

    Aug 7, 2022
    10
    Full Name:
    Quen
    Thanks for the feedback. I did some search on this forum. A few recommended Roselli in San Jose(https://www.rosellifcr.com/). The shop is 6 mins drive away from home. I plan to have them inspect and change whatever is necessary :)
     

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