I’d rather my car value stay the same and avoid the 25% tariffs on car parts. I just paid $500 in taxes on a used part I bought from Canada. Trust me, this will hurt us through maintenance costs which is real money unlike potential sale prices which is not realized.
The question nobody is asking: So what is the point to this Tariff war? What and who does all of this newfound government income benefit? I've not seen a plan for that.
The point is to eliminate income tax and shift the burden from the high earners to the working class. Since tariffs are a tax on consumption and not on savings or investments, the high earners will have a field day and the working class will be crushed. It's all part of the creation of "Zen's World" as depicted in my novels. Like dystopian hard science fiction? Check out my novel, "Zen's Solution" (available on Amazon).
You are right on the money... pun intended. Who will hold these thieves accountable I wonder. I lament that it may be too late already.
360 value will not go up a lot when nobody has any money to spend and everything else in our lives costs more. The few benefiting from this fiasco don't give a damn about 20 year old plebian Ferraris
I don't see them skyrocketing, but maybe a slow trend up. Ferrari produced a lot of 360s, and it doesn't have many strong selling points other than aesthetics, nostalgia, and being a great value exotic at current prices. The 355 has incredible sound, while the 430 has a timing chain and "modern" horsepower, and is the newest model that can be had in manual. If you're not in love with the 360 styling, there's not a lot of reasons to be rabid about it in the way that would make prices skyrocket. Just my opinion as a 360 owner.
Sadly affording a 360 is not really the issue. Most pay more for a fully opted Ford F-250, albeit it is financed, but... perspective here. The cost of parts and repairs (by folks that have to also absorb price hikes in general living expenses due to the tarrifs) will be the issue in my mind. So yes, it will become more expensive to own a 360. There's the old joke of one kid on the playground who says: My dad is so rich he can afford to buy your town. To which the other kid replies: Maybe so. But my dad can buy your town-- and keep it. Buckle up folks and get ready to open your wallet for that clutch kit, suspension upgrade, or simply a belt service. It's going to get significantly more expensive to keep your 360.
Probably not a skyrocketing feature but... 5 valves per cylinder has a very distinct sound that the 430 does not. And a 360 with a modified exhaust; well that's an amazing sound.
The F355 and 360 are pretty close in sound. The modern feel and looks of the 360 including the sound is the value. The F430 is overrated, I would skip over owning one if I could afford a low mileage 458. The 430 isn’t that magical of a car. People also act like they made so many. Do even 5k of them exist in the USA? They made so many because the demand was so strong back then.
There is something really special about the 360. IMHO. This is not a stepping stone car for me. It’s a keeper.
Agreed. And to add, Ferrari only made about 3500 246 Dinos total run. Looks like they did OK in the long run value wise Personally, I think the 360 has a long way to go in value increase through the years. And I have no thoughts of selling mine.
I think that is the intended point as well, but I don't believe we'll see that happen. I think we'll end up having both same income taxes and higher import taxes. And agreed on the car parts issues going forward with the other poster. The price of parts is already expensive assuming they are even available for my older cars and typically need to come from overseas. So fun times ahead for those of us looking to keep and maintain our cars rather than sell. And even for those that do sell...then what? A replacement will be more expensive, too. Really only makes sense for those downsizing collections for whatever reason.
I think a few things have held the 360 back in appreciating- It needs to lose the monicker by you tubers and the car community as the cheapest Ferrari… this image while not a big one for me will drive off the buyers who want the flex factor…. It’s funny when I bought my 360 six yrs ago my brother said my mechanic says that’s the poor man’s Ferrari. … to many this is a show stopper. hoopt variants— as long as running examples can be had at close to $50k us it will a while before the market can distinguish between running and properly maintained…. I content deferred maintenance to the tune in extreme cases equal to the value of a cheap version represents a significant segment of the bargain 360’s at auction and places like fb marketplace.
IMO, it will remain the cheapest modern Ferrari until it is no longer considered modern. And then it will be elevated above cars like the 400, Mondial, and 348. And there isn't anything wrong with an affordable supercar. A strong community can be built from that. Middle class Americans have lost access to so many previously afforable supercars in the past 15 years when I bought my first one. There were so many choices under $100k back then. Who cars about a "flex" factor? Is that who you want to associate with at car shows? I suspect not....
I drove 911s for years and have been a member of the PCA for over 40 years. There was a saying among us: There are two types of Porsche car owners: Those that want to drive a Porsche and those that want to be seen driving a Porsche. I suspect that's the same for the Ferrari crowd. "Entry level", "cheapest Ferrari", etc. are usually words spoken by guys that have no Ferrari. I remember the same nonsense surrounding the 246 Dino because of it's "pathetic" V6-- maybe an excuse told to themselves because "they" still couldn't afford to keep one. The 360 is a sleeper right now. Sit back and watch what nice well cared for examples begin to bring in the coming years. I saw the same thing happen in the Porsche car world to the early 911's value curve when guys got fed up with the newer offerings and the disconnect they felt driving one of them.
Yup. I bought a 1974 911 for $9000 and it was a nice car. That was in 1981. Then I moved on to a 1977 Carrera 3.0 I got out of Switzerland (through and agent) for about $14,000. Again a nice car. Check and see what a '76 - '77 Carrera 3.0 is going for now. And make no mistake, I wasn't making bank back then. They were affordable for a hard working guy.
I think ALL inventory in the US will see an increase in value in the next 3 months. A Porsche GT4 RS sale price is going from $150k to what? $200k? I respect that the 2 cars are in a different category (hardcore performance vs. modern classic GT) but if someone is looking for a toy for cars and coffees, the 360 looks more appealing. More people look at the 360, then 360 value goes up. Maybe car sales outlets will want to "stock up" due to the inventory and this will contribute to driving prices up in the short term. In the end, Ferrari made a ton of 360s. Supply and demand. The only dynamic in favor of rise in values is the wealth of the generation born in the 90s. They made 3700 Dinos so the comparison with those cars does not really apply. Maybe will work for the 360 that left Maranello with a manual transmission.
I'm not holding my breath on a market increase due to tariffs... but you bet your bottoms I'm hoping for a further market increase for my factory gated 360. Begs the question though, if there is an increase then who would part ways with such a fabulous car?
