What should the declared value on a stick conversion be? | FerrariChat
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What should the declared value on a stick conversion be?

Discussion in '360/430' started by sparetireless, May 8, 2025 at 8:20 PM.

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  1. sparetireless

    sparetireless Formula 3

    Nov 2, 2003
    1,586
    #1 sparetireless, May 8, 2025 at 8:20 PM
    2003 spider, 93k miles,

    but changed the trans, engine and converted to a stick from a 2004 23k mile car.

    Car Works great, I want to keep it but if it gets totaled, what kind of money do I need to replace the car? I don't want to over do it or under do it, just want to get what it takes to replace it.

    My carrier took my value down $52k which I think if too low.
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  2. Sj_engr

    Sj_engr Formula 3

    Sep 15, 2020
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    #2 Sj_engr, May 8, 2025 at 11:13 PM
    Find the cost of a 100k mile 360 and then whatever it cost you to swap in the 2nd engine/drivetrain. The more you insure it for the more expensive it will be to buy it back....

    Punch whomever ordered the spec if you find them.
     
    houtie123 likes this.
  3. greyboxer

    greyboxer F1 World Champ

    Dec 8, 2004
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    #3 greyboxer, May 8, 2025 at 11:51 PM
    Tastes differ so maybe the assessor didn't like the interior color !!
     
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  4. DutchFerrari

    DutchFerrari Formula Junior

    Apr 7, 2022
    740
    Bollenstreek - Netherlands
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    Jeroen
    #4 DutchFerrari, May 9, 2025 at 3:50 AM
    Thats a cool specced car right there!
     
  5. priericky128

    priericky128 Formula Junior
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    #5 priericky128, May 9, 2025 at 6:26 AM
    Fwiw I love the spec.

    value I would guess 70-80? Hard to say, not a lot of comps. You could probably find a euro with high mileage and bring it over too, assuming you’re in the USA based on the left switch panel
     
  6. Caeruleus11

    Caeruleus11 F1 World Champ
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    #6 Caeruleus11, May 9, 2025 at 8:02 AM
    To me the math is not what it's worth in terms of a market place sale on your existing car, but what would it cost you to get a replacement. That means what does an F1 gearbox car cost and what is the cost to redo the conversion. Add together and you'll have your number. Not sure if the insurance will agree, but that's how I see it.
     
  7. RedNeck

    RedNeck F1 World Champ
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    #7 RedNeck, May 9, 2025 at 1:56 PM
    I will tell you that Bordeaux does not photograph well. It's much darker and less offensive in real life.
     
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  8. sparetireless

    sparetireless Formula 3

    Nov 2, 2003
    1,586
    #8 sparetireless, May 9, 2025 at 5:23 PM
    Last edited: May 9, 2025 at 5:31 PM

    you are correct on the bordeaux, however the picture is pretty accurate, its lipstick red out of a stock 360 that that had a black exterior.

    In the photos it looks offensive, but in person it is simply obnoxious.

    All the interior sheet metal was resprayed in the exterior color by the original owner so that's on him.

    this is the car I stripped to get the parts.

    https://www.udriveautomobiles.co/vehicle-details/2004-ferrari-360-modena-6-speed-manual-red-lthr-electric-daytona-seats--modular-whls-lthr-rear-shelf-shields-serv-hist--173k-msrp-coupe-71b8936531e4418cae99c5597533f93d#
     
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  9. RedNeck

    RedNeck F1 World Champ
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    #9 RedNeck, May 9, 2025 at 6:39 PM
    For real? Was that the official color name? I thought Bordeaux was the only red interior option for our cars.
     
  10. Sj_engr

    Sj_engr Formula 3

    Sep 15, 2020
    1,583
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    dc
    #10 Sj_engr, May 9, 2025 at 7:17 PM
    Last edited: May 9, 2025 at 7:27 PM
    Labor of love. Priceless.
     
  11. sparetireless

    sparetireless Formula 3

    Nov 2, 2003
    1,586
    #11 sparetireless, May 9, 2025 at 7:29 PM
    yes its really really red. Came stock on the donor car.
     
  12. sparetireless

    sparetireless Formula 3

    Nov 2, 2003
    1,586
    #12 sparetireless, May 9, 2025 at 7:31 PM
    The stick is more fun in the city and the F1 is more fun in the canyons. That's after 93k miles with the F1 and 5k miles with the stick
     

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