I am from Waterloo, and I am trying to find out what the least costly way to get in a new Ferrari. Are there 360's still available, and if so how much is it going to cost to get in one? Any other advice you could provide would be appretiated. Thanks.
I hate to be the first to put a damper on your info request, but "new Ferrari" and "least costly" should never be used in the same sentence together....about as mutually exclusive terms as Ive ever heard. That being said, if you have really deep pockets, what could be considered expensive to me might be considered inexpensive to you. However, in relative terms, there are no inexpensive AND new Ferraris. And if your asking this question, I have to assume money matters to you to some degree. There might be "relative bargains", such as newer (but still not NEW) models which have depreciated a great deal in comparision to their original MSRP (ie, 550,456). In regards to 360's, while I expect to see them drop in price over the next few years due to the arrival of the 430, a NEW(if you can still find one) or VERY NEARLY NEW example will still be very close to the original MSRP. This wont be changing much in the next 2-3 years, me thinks. After all, people were still selling pristine late model 355's in the 175k+ territory right up until the end of the 360 production era (99-04). This has only really changed with the intro of the 430 and its subsequent appearance on the street. Good luck in your search, but dont expect to find any steals. In this market if it seems to good to be true, it usually is! Goldy
Sorry, I am not looking for a "cheap" Ferrari, I just want to be closer to the low end then the high end. So let me rephrase it. MSRP's are not posted on Canadian sites. So i don't even know what a 360 or 430 cost. I contact the dealership 2 days ago twice, and still have not got a response back from someone. I assume they in the mid 300's or so, but I don't have an idea. I just bought a new Porsche, and can certainly wait two years for the wait if need be. I will assume if I am willing to wait I can get MSRP and not pay more. So what is the MSRP's on both models? And can I get a 360 still. Thanks.
There's a yellow 2005 F430 with about 3000km at Academy of Fine Autos for sale. I was in to see it this morning. I beleive the salesmen said they're asking $280,000 for it. They're located in Woodbridge at 405 Rowntree Dairy Road. Phone: 905-265-2668
No need to be sorry, I didnt misunderstand your question. Of course you would rather pay less than more, everything else being equal..who wouldn't?..even Bill Gates would,lol. I hope you didnt misinterpret my remarks as suggesting you were looking for a "cheap" ferrari I was unaware you were not familiar with the MSRP's, so please accept my apologies for not being more specific in my answer. Ferrari of Ontario is still charging between 195k to the mid 200k's(240-260) for a 360 coupe, depending on what year and klm's and condition, and to a lesser extent, what options. For example, an 03-04 coupe with less than 2000 klm's in pristine condition...they would probably be asking the very upper end of that range...where as a 99-00 coupe with 15000 klm's plus would be down near the 200K mark. My experience with F. has been that they will negotiate to some degree, but dont expect the moon....especially when it is a relatively popular model like the 360. It will be tough to get much off, especially if you are a new customer to them. If you are looking for a spyder, just add appx 35K to the above based quotes, both the top and bottom end. However, since spyder's didnt really appear until 01, there bottom end is much higher You might get a better price buying at any number of other exotic dealerships located in town,..Autoforum, Caliber come to mind...maybe just search in the autotrader under Ferrari and see what comes out www.autotrader.ca , I know prices are listed in alot of cases...just so you know whats out there from private dealers. The official dealer always sells for more, but I feel you get more "piece of mind" buying from them, and you can always negotiate a warranty and major tune up into the price. Remember, service intervals are klm AND time based, so even a very lightly used Ferrari might need an expensive major service with even under a 1000 klm's on it...in fact, alot of people feel that fewer klm's = more potential problems down the road.....ahhh, the joys and confusion associated with making ones first Ferrari purchase! As to wether or not you can find a brand NEW, possibly untitled car, Im not sure...but it would seem highly improbable. The dealer then would be your only option. Hope this helped some, and good luck Goldy
Yes, I agree thats a disgusting amount of money, but considering the amount of hype the 430 has generated, an appx 20-30 K (depending on options) markup on a current and (hopefully?) lightly used car doesnt seem that outrageous. Now those American spyder markups, those are insane!!! and in U.S. dollars, no less! The taxes sure are a killer though,...can someone again please remind me why we live in this tax grabbing country? It must be something pretty damn good, considering the price we pay,LOL!
280K CND isn't a whole lot for a used F430 on the ground. They are going for about that much in USD. Just check. www.dupontregistry.com I have included a previous post of mine about purchasing a ferrari in Toronto. Hi Everyone I live in both Boston and Toronto, and I was at the Ferrari of Ontario's dealership, in Toronto, last February and asked about the F430. I thought they were pretty damn rude people to be honest with you but here is what I found out. If you want a 430 coupe, you're going to have to wait a long time. They have 250 cars coming to Canada a year and they have all of them sold out. Basically, they have a 2 year waiting list.. BUT and this is a big but, if you do them a favor by buying a used car from them they can cut you a deal. When I was there they had a silver 02 360 coupe, and a silver 575 (can't remember the year). The 360 was going for about 270K CND before tax, and the 575 was going for about 305K CND before tax. They told me, if I buy one of those cars, again those cars not another F-model, they could get me an F430, production slot for delivery in summer of 2006. Again, this is a production slot meaning I could put down MY specifications for the car, which is important. Then again, these are just words told to me and I doubt there would be a contract written guaranteeing this. Mostly because I would be screwing someone out of a 430 on time. So I suspect if I went along with them I would be getting the car in the winter of 2006
I bought an '02 360 spider from FoO a couple months ago and they have promised me a 430 spider in May '06. I got what I consider to be a great deal (would I admit to anything else? ) and they threw in about $10k worth of service stuff. List: coupe 251 F1 269 spider 294 F1 311 Relatively few options but those that exist allow you to cosmetically tailor the car to your liking. Good luck with your search.
What a scam! Maybe we should start a line of automobiles, wait 50 years and then charge people the price of a house for it. Then we can tell them it will take 2 years to get it but if you buy another used car for the price of a house we can have it for you in a year and a half! I love Ferrari ownership!
huh? Jamie140 posted the msrp's for the 430 in post #6( I was quoted those MSRP's for the 430 coupe variants by my sales guy at F.)...and your original post enquired about the 360. For G-d sakes man, make up your mind! Also, without a prior dealer relationship (ie, having purchased a car from them in the past), you wont be getting a "new" 430, at least not from the dealer, without a HUGE premium. New from the dealer Ferrari's at MSRP are not really available to anyone making their 1st car purchase form them, not the popular models...for sure. That was the whole point of my original post. Your best bet?...by a lightly used 360 from either the dealer or another exotic car dealer for the market prices already mentioned in this thread...as for the 430...that one for 280 sounds very reasonably priced for what it is..it might be your only current option for a 430. Proceed accordingly.
The prior ownership of a used F-car from Foo is partially true. I know of someone who got one of the first F430's to come to Foo and has never owned a Ferrari before......but....he purchased about 8 or 9 BMW's from Maranello, which is owned by the same person that owns Foo.
With all due respect, I appreciate your answers, but I have not had my answers clearly answered from the dealership or here: 1) I asked if you could still get a brand new 360 from the dealership, that I am not interested in a used one. No one to this point has said "yes" or "no" to that answer. From the answers I received it sounds like no. 2) Again, I said I don't want a used Ferrari so that is not on the table 3) I wanted to know what the MSRP is on a 430 coupe and spider. I have #'s that told me what I can pay for a slightly used one, that does not interest me. I am wondering looking at the archives if anyone in here actually does know what the MSRP is. 4) I am willing to wait for up to 3 or 4 years if I have to. I bought a brand new Porsche 4 months ago as a summer car and I am happy with it. I have sold one of my businesses since then and fortunately I now have money I won't be able to spend in this lifetime, so I would like a Ferrari. That being said I have heard alot of bad things about the quality of Ferrari's and want to ease into the experience with a lower end car, so I mimimize the frustration getting out of the car if need be. Also, no matter how much money I have or how much I want a car, I will never pay more then MSRP for a car as a matter of principle. 5) So far, my experience has not been pleasant trying to get information on a Ferrari and it seem like the company is as unorganized as my experiences in Italy. Putting people ahead of other people on waiting lists, selling above MSRP, I thought Ferrari was supposed to be a classy image. So much so, that I wanted a Ferrari since I was a child, and now I am actually considering buying a Ford GT, or Porsche Carrera GT because I don't like the BS that is already surrounding the Ferrari experience.
Talked to a Toronto dealershsp and told him my frustration on here. Apparently, most of the people on here don't have much experience buying new cars or even have F cars, they are "want to bes". He says most of what you hear on here is rhetotic. Which makes sense cause no one could actually give me the MSRP. He says I can most likely get in a brand new 430 before next summer. He also says that it is bs that I have to buy a used car to move up in priority. I can get into a new 430 Spyder for $296k C$. The talk and rhetoric in hear almost turned me off buying a Ferrari. It did not make sense to me that they could be successful treating the top 1% wealthy people in the world like garbage. So you know what, maybe I have attitude, but I think I have a right to as alot of you gave me very inaccurate advice. I know some of you are sincere, but the "pretenders" in here, keep your advice to yourself if you don't know the facts.
gee, take it easy there. Remember FoO didn't return your calls imediately and also remember they have sold all the cars they have coming to canada for the next couple of years. They don't need to search for business, so they can do what they want. They're Ferrari. Also after I posed my last post I was told that buying a used ferrari to get into better standing with the dealership was standard practice. Do a search function and you'll see that as well. I forgot to list the MSRP. optioned out with the F1 gearbox and CC brakes it came out close to about 290K CND for the coupe.
Interesting post. My suggestions & comments to you: -Be a little more patient with receiving responses. You posted yesterday at 11:55am (less than 24 hours ago), and you already have passed judgment that this board cannot provide you with the proper information. For a guy who apparently has more money than he can spend in a lifetime from a recent business sale, you don't seem very patient, nor do you seem to be able to gather information efficiently. -So, a car salesman knows the people on this board, and our communication is "rhetoric"? If you believe this, then you have much to learn yourself. -"Pretenders"? "Wannabes"? I have owned the car that you wish to purchase. If you want real information, it's guys like me that you want to speak with. And you're not going to get good information by giving us attitude. -You need to buy a used Ferrari from them to get higher priority? Hilarious. Answers to your questions: 1) No, you cannot buy a new 360 any longer. They stopped production long ago. 2) Fine, don't buy a used Ferrari then. 3) If you want the MSRP numbers, go to the dealership and pick up a sheet. 4) Fine. 5) You mentioned a CGT. That car is head & shoulders above the 360/F430, and you can pick them up faster than an F430. That would be the car to buy, if you like it. Good luck to you.
Those words were from the dealership, and I tend to believe him. Not every one could be brushed with the same stroke however. But I literally almost gave up on a car since I was kid that I can now finally afford at 36, because of people giving the wrong stories and advice on here. Read throughout the archives, there are more whoppers of stories on here than the movie "Big Fish". I have been on the Porsche board for a while now, and overall there tends to be more knowledge, sincerity, and actual owners.
What they "say"....and what "is" are two different things. Fork over your deposit.....and wait.....I can guarantee you that they will not give you a specific date on the arrival of the car. Also, if a current customer decides he wants one after you....guess who gets their car first?
I know of course there is legitimate owners and advice on here as any car site. But there seems a disporpotionate of people that are not legit than other sites I am used to. Again, thank you very much for your input, that was extremely helpful.
Good luck in your new ferrari journey !!!! As for your response to some members on the board, there are a few people who do not own ferraris, but have a passion for the auto. As for your contact at the dealership there are many fcar owners here myself included that do there own work on there cars and track there cars and have a passion for there fcar. You should tell the rep that told you this board is full of possers, he/she should first buy there own fcar before making comments like that, rather than paint everyone with the same brush and hide at a delaership where he only knows a few of the clients. As for you, you are more than welcome to share your experiences, you will find some peolpe have been burned by the dealer (this is nothing new) it happens everyday with Honda, GM, and everyone else, ferrari is no different. And because you have some cash and FoO treats you well, they always treat someone else better (WHo has an Enzo, and other fcars) more than you. No different than anyother dealer. So before you get on a chat forum like this and slam some long time owners of facrs(myself included or not included) is very unfair. Play nice....hope you get your 430 next yr. PS. Welcome to the board.
I didn't ask for opinions, I ask for facts. Further you never read my posts thoroughly, which furthers questions to your legitimacy. I don't care if I have to wait up until 3 years which I stated. They can give cars away all they want, but I don't think it is going to take 3 years. What I wanted was the MSRP, which you did not provide, nor did you provide if an new 360 can be ordered. Quite frankly, I don't agree with your saying anyways, and I don't believe you are talking from any sort of experience. You seem to have an agenda.
Toronto Guy.....you're accusing others of not reading posts thoroughly....while you're obviously the one that is guilty of doing the same...you stated that Foo told you that they will have a car for you by next summer....and all i said was what they say and what is are two different things....if you're as "successful" as you claim to be.....then why are you so naive?.....by the way....if you're interested in some prime property.....real cheap....i know of a great salesmen in Florida that can help you out.
What an a**wipe! Please buy the Porsche, there are enough A-holes with Ferraris already, the rest of us dont need another one joining the ranks and giving us all a bad name! The 430 price quotes are accurate as in post 6, and jive with the "quote" you were given...let me guess, a six speed spyder with a couple thousand in options? As for you getting into one before next summer at MSRP...good luck, LOL. Without a prior purchase , youll be lucky to get one at all, but definately not before 3-4 years. Sure, they will take your deposit, but thats a long way from specing one out and getting it. We'll see who's spouting rhetoric..it aint gonna happen! Your attitude smacks of one who expects others to jump to do their bidding...and make it quick, by the way. If you took the time to read the responses, you'd see they were all answered...did they have to be spelled out for you too? This isnt a service, its a community of enthusiasts...some owners and some who appreciate the marque...only owners are worthy of your attention? What a crock! One more thing, before I dismiss you as the jerk that you are. I cant tell you how many times Ive used the resources on this site to discover things about my cars performance or maintenance...only to realize the dealer/service people had no idea what I was talking about. In the end, the advise on this board always "trumped" what I heard from the dealer...isnt that funny? Its hard for a single service dept/dealer to match the bredth of knowledge and experience found here. Its attitudes like yours that make people less likely to answer enquires from people new to this site...Im starting to underdstand that after hearing from you. Good luck with the spyder....youll need it!
