New member here 1st off wanting to say hello and introduce myslef.... I have a question I hope you guys help me out with: What are the differences between Euro and Us 360's? Should I stay away from purchasing a Euro car? I was looking at 2000 360 Modena (Euro). It is still in KM's and it has roughly 13,000 KM's on now... What should I watch out for and what should I look to pay for something like this. I was figuring 100k-110k was about right, what do you guys think? Is re-sale on a Euro car going to be a pain? Is servicing a Euro car going to be pain? ** Am I going to have trouble registering a Euro Car in Az, does anyone here have any experience with that? Thanks for any insight you cn provide. This would be my 1st Ferrari Purchase.
Welcome aboard. First off -- this topic has been discussed at length many many times here -- do a search on "euro 360" and you'll find answers to all of your questions Second off -- the short version: Euros can be a bit faster, they're less expensive to start and less expensive later on but the overall depreciation scale is the same (i.e. you'll lose the same amount as a US car), service is not an issue with any dealer or independant I've ever dealt with -- the only item that arose is the Cam Variator recall campaign done to all US 360s would not be free of charge on a Euro, and finally, you will only have difficulty selling the car if you're trying to sell it for US-prices or trying to sell to a purist garage-queen who doesn't care about actually driving the car. It's still a Ferrari. It was still built in Maranello alongside every other 360 by the same workers, and, basically, it's the same car, only cheaper. Edit -- also, as long as the conversion was done by an authorized shop and there's a US-equivalent VIN on the car, you'll have absolutely no problem whatsoever registering the car. nlh
At one point, Ferrari tried to stop the import of non US market cars, saying that there were 100's of different parts, but they lost. The cars are not very different. All other factors being equal, a gray market car will always sell for less than a US market car in the US. Some dealers will not work on Euro cars, so have a ervice establishment lined up before buying. Some dealers also won't buy or sell them which eliminates a pool of potential buyers. Insurance may be more. Financing may be more difficult. Not a factor if you are paying cash, but if you go to sell it, it limits potential buyers. In conclusion, there are down sides to gray market cars. The upside is price. However, even though you will pay more for a US car, you will get more when you sell, so the only advantage is less upfront cost. Personally, I don't think it's worth the hassles, but others will conclude the other way. Dave
Thanks for the help and advice guys.... I am trying to get the crash course on Ferraris! The one I am looking at is 13KM (8000 miles), F-1, Tubi Exhaust, Challenge Grill. It looks to be in pretty good shape, but I dont know about the Service Records. (What should I ask about them) If it has 8000 miles, when will the next service be required and about how much will it cost? I do know that the Belts have been replaced if that helps. How expensive is servicing a Ferrari? I have only owned Porshe Turbos and Mercedes sl55's and Sl600's thus far and most everythig was covered under a warranty. I am trying to get it for roughly 100k + taxes ($8500) - 110,000 out the door! Does this seem like a competitive price or so so in your opinions. The Conversion was done by: G & K Auto Conversion. They say its "California Emmsions Ready".. Bottom line, I was just hoping to get some sort of deal on it, but if its just "Ok" then I will more than likley pass... Please give me you insight on this pricing and possile re-sale in about 6 months (3000 miles). Thanks again
