360 Manuals really selling for over $100k?

Asking does not equal sold price . So I doubt it . Not many would buy a 360 for 430 money

 

I suggest you wait until spring. It could go for a lot more then that. There is a 30K+ premium for manual cars now especially the Coupes...

 

Unfortunately you can't touch a 430 MT for less then 160K+

 

There are members here who paid well over $100k for their 360 manual coupes with 20k-ish miles. I don't know anything about eBay but good cars cost real money.

 

Prices for low mileage mt have been above 100 for a few months now.. it's only going up as we get closer to summer

 

What street car would you replace it with for 130? I come up blank... Maybe gt4 assuming it can be had for sticker?

 

For all of these cars the assumption seems to be they just keep going up for ever. If we see an SPX correction down to 1,600 or so . . . They will soften on a lagged basis.


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Exactly. Late models with low mileage, desirable color (ie., rosso), and manual tranny in today's market will command a higher asking price/premium.

 

The manual craze is real.

430 sticks are worth more than many 458s (225k for a good car)
360 sticks are worth more than many 430F1s (100-125k)
355 sticks are worth more than F1 360s (75-125k)
348s are worth more than 355F1s (50-70k)

Sure, there are exceptions but this is basically true across the board.

 

Well said! 🎉

 

I seriously doubt that!! I know there are people out there that are moving out of equities and into physical assets. I should know, I am one...

I feel much more comfortable for the next several years being able to step out into my garage and see, feel, and experience my assets than I do leaving them in an irrational market. I work too hard earning it and investing it to just wake up one morning and discover the "market" values something 30, 40, 50% less than it did the day before!! I do not believe that will happen to a Ferrari like it did with Chipotle, etc. I also KNOW I am not the only one making such decisions!!

I don't know if they will go up or down, but it won't devalue 50% overnight like equites do.

I also seriously doubt they will EVER attain the valuation that carbureted V-12s are currently at!!

I also think that the 348 is probably a better "investment". After all, it states in the literature that the 360 is the first fully developed car in the Montezemelo era, i.e. post Enzo.

 

I'm not sure I did this correctly, check out the link below. You won't believe the price.


2007 Ferrari F430 Spider Lynnwood, Washington | Cats Exotics

 

Price too optimistic (IMO) but you only need 1 sucker to bite.

 

@67bmer respectfully disagree - when equities etc sell off the negative "wealth effect" definitely spills over to high end art, the housing market (even the very high end) and yes rare-ish ferraris. I agree though with your sentiments on the satisfaction of being to drive your "capital" with a big smile on your face. I know i feel that way too! I am just sometimes annoyed by the belief by some that prices can ONLY go up. Empirically NOT true. History has proven that (remember 2009?). I am not a hater, you can check my posts and see that. Just feel like some have forgotten the lessons of the recent past!


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For a silver car ,this price is unrealistic .


Prices for manuals have gone up no question BUT 360mt vs 430F1. 430 wins 99% of time
355mt vs 360mt ...hummm 60/40 355

430 mt deserves to carry premium because it's last in the line with MT plus fewest made

 

Sure they can. It's happened before and it can happen again (no idea if they will or not but it is possible). However, if your Ferrari is worth half, you still have a Ferrari. It's very unlikely that you will ever have half a Ferrari in your garage.

I still maintain that cars are terrible investments. But them because you love them and want them, not because they might make you money. In the big picture, it's way more likely that you will lose money on a car than make money.

 

Agreed. Even with these significant increases in price you'll be lucky to cover insurance, maintenance, storage, etc...

Good news is your ownership experience might actually be free!

 

Like many have said before, what could you possibly buy in todays market to replace it ? Such a fantastic Ferrari in between old/new school.
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So true. Here is mine from today. It's a manual converted almost entirely to CS specs. I can't think of anything close to it for the money. In fact, I would probably have to spend at least two times as much to get something as much fun.
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For me, it is all about enjoying the beauty, the music, the driving experience of my 360. I don't expect to 'make' any money when the time comes to sell (not any time soon).

 

Who knows what the future holds. CS's are selling for more or equal to Scuderia prices. You never know which way the market will move.

 

I disagree. The question is.. would a buyer who is about to fork over $100k+ buy a car with a transmission they didn't like or had to adapt to? For some they'll get the 430 F1 and enjoy it.. and say I didn't think that I'd like it but I love it. Other buyer want a stick for the experience. Unfortunately that's buy a 360 or spend an extra $50k for the 430. And the pricing is suggesting that buyers won't compromise on their dream experience being marred by an F1 transmission. You don't propose to a supermodel if you know she is incapable of making love. It ruins the experience. Stick is too much a part of the driving experience not to factor very heavily in the decision to buy a model. Prices are so high because of this!

For 355 owners... they were never going to consider a 360 in the first place or a 430. They wanted a 355 and only a 355 since it was on their wall as a teenager. There is enough commentary about the cost of ownership on the web that if cost is an issue.. it's not 60/40.

 

I also agree with this. Was just out today and was thinking about how incredible the car is. It's more performance than you can safely use on the street and has such a nice feel to it. Loud, visceral but still refined. It's a quality piece.

Also, looks timeless. Nobody has any idea how old it is and I just love it!

Not to mention new Ferraris just keep going up and up in price. What's a nicely options 488? $300,000+? Keeps the values on the older ones up.