2001 Ferrari 360 Spider

VIN: ZFFYT53A010125384
PRICE: $93,000

MORE INFO: Universal Autosports | 2001 Ferrari 360 Spider
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Now asking $89,999.

 

Nice car, I wonder why there isn't more response to it.

 

The new price might help, but there are a LOT of 360 spyders looking for homes right now...I think sellers aren't really adjusting their expectations to the realities of the market. This one has adjusted a little, but I think about $80-83K is where it should be/where it will sell

Early 430 coupes are hovering around $100K; I for one would pick that over a 360 spyder if the spread was less than 10K. That's another issue; the supply of 430s on the market has grown a ton in the last year, and their depreciation is accelerating. That'll affect 360 prices, much to the distress of owners & sellers who are/were thinking those prices were leveling out.

But for people like me, who plan on buying their first Ferrari this coming spring...it's all just great!!

 

I was thinking the car was worth 85k. Maybe I am on the high side.

 

Huh? A lot of 360 spiders on the market? Where? I think this is a very reasonable ask from a reputable dealer, I'm sure they have some room for negotiating, but what do you want for a very low mileage piece?

On another note, it's interesting that this car has yellow stitching on everything but the seats. I have not seen that before.

 

There are 80 of them on cars.com; that's more than all 308s, 328s, 348s and 355s COMBINED. And that's just the spyders...

Yeah, that's dwarfed by the # of 430s and 458s you'll see there, but like I said, that glut is going to affect pricing of all the modern V8 cars. And it's not anything one can predict based on traditional depreciation/resale models, cuz the volume of cars has ramped up so much.

There were about 10,500 355s made, 16K 360s, about the same # of 430s (maybe less, due to the crash of '08), and probably over 20-25K 458s when the last one rolls out of the plant.

This is uncharted territory, but back to the car at hand, the original asking price of $93K is undoubtedly the answer to the "why so little activity on this car..." question posed the other day.

 

I hate to do it, but I have to, and I mean it to be educational, not righteous. Ferrari refers to their open cars as "spiders", not "spyders" as in your last two posts. I wasn't going to say anything until you posted it again for the chance of a typo .

As far as your reference to whats on cars.com, out of those 80 listed, 79 as of a second ago, only 26 of them are under 10K miles, and only two of those are priced under this car the majority of them are over $100K asking.

I personally feel this particular car is taking a little longer to sell because of it's color, yellow always narrows the market a bit. I really like it though, not only for the look but being Modenas home color to boot.

 

Gorgeous! I wish I was in the market for a Spider! Love that yellow stitching. GLWS

 

5K will not stop a buyer or a dealer from putting a deal together. These are not budget Honda's where every $100 matters to both.

I love the car and color. GLWS