FAQ: Shopping for a used 360

And still no evidence to support your claim. I rest my case.

 

I had mostly Porsches as well until the the IMS debacle.

Buying a 360

I have an 02 spider with 35k

Important: follow the instructions in the owners manual to the letter! The 360 is an example of an early computerized car. So there isn't much fault tolerance built into the firmware. For example-
if it says to 'press the brake pedal' then PRESS IT HARD. It didn't say 'lightly rest one foot on the brake pedal". If the ECU sees an erratic brake switch input, a number of bad things can occur. Maybe today the immobilizer will disable the ignition, or maybe it won't.
or it might say "turn the key to position 1 and wait for the 'CHECK OK' light to come on". if you don't wait you can expect all kinds of weird things (F1 fail light, conv top fail, etc.

Correct key fobs and factory keys are very important and very expensive.
Tool kits and leather pouches for manuals are not very important but are very expensive.

Triple check the operation of the top and look closely at the condition of the soft top. If the soft top needs to be replaced and the mechanism is not working right, repair cost can easily get north of $20k.

Other than the electronic quirks this car has been very reliable

 

Just as a FYI. This car: ZFFYT53A130133013

Branded title. Listed on ACV today.

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Now available asking 65k.

Speaking of ACV, I’m sure we will see this one on BaT soon! 14k miles gated car.

VIN ZFFYT53AX10123013

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Great OP

-> The 360 is overbuilt for street driving

430 being an evolution of the 360, do they possess a similar quality?

 

I would say yes because 430 is much improved from 360

 

I its a matter of perspective. Having driven both I find they are of very similar build qualify which overall is exceptional compared to the earlier 348/355 series. (owned a 348 previously).

One noticeable difference is the 360 is more 'revi' it has a better 'ferrari note' IMHO compared to the deeper more throaty F430 which is effectively a stroked 360 with lots of new electronics added.

Improved, yes in a number of area's no doubt as you would expect from any evolution model of a Ferrari, however as I am a 'gated fan' the 360 actually makes a much better manual than the 430.

Looks wise it is also a matter of perspective. I am a fan of the simple curves and elegant lines of the 360 which at its release was a clear throw back to the 60's classics. The F430 is certainly more aggressive however its looks were controversial and in true Ferrari form its looks then copped a hammering once the 458 was released.
And so it goes with ferrari every model seems to make its predecessor seem obsolete although nowadays with FIATs direct input I see cars churning out like the ROMA and no longer think this way.

For anyone who has an Enzo or Montezemolo period Ferrari, hang onto them. The prices will only go up IMHO

 

Anybody have an advice for a person shopping 360's? Any reason to avoid the first year cars? 1999

 

Yes, the 1999 360 had issues. If all the factory upgrades have been met, fine. But why purchase a 1999 360 when the 2003 had all these issues addressed? With all the 360's out there be patient and stay away from 1999 360's. Get the color, Daytona seats and all the upgrades you can find on the window sticker. This is a years worth of research before I purchased my 360. Get a gated 6 speed Modena or spider. This is my 2 cents worth.

 

Good info and that's what I needed to know!! Thank you!

 

Get a gated 360 Modena or Spider. Stay away from F1's. Many F1's have problems, especially around town.

 

Have a Ferrari mechanic do a pre purchase inspection. Yes, really. If the seller will not agree to this, walk away.

 

So, say no to this one on BAT??


https://bringatrailer.com/listing/1999-ferrari-360-modena-28/

 

No, not alt all. See the car with an appointment and to have the car get a pre purchased inspection. BaT is great and user friendly.

 

Yes, I love BAT. I sold my 308 there and the luggage set as well.

Only one day left on that 360...No Time.

I'm still no the fence vs. a 328. I'll keep looking and be patient.

 

agree with everything said here. Took me over a year to finally buy my gated 2004 Spider. Stick to your guns, be patient and do not compromise on what you want. To get the word out I was in the market I even made a spread sheet itemising every option I wanted and circulated it amongst dealers etc. I’ve posted it here on FC previously.
There is a gated red spider on Carsales now in Melbourne for $AUD 239k. First one I have seen advertised for months and the only one on Carsales atm

 

FWIW, I bought an F1 (which is what I wanted) and it has been great. No issues in the 18 months I’ve owned it so far. I suppose the collectibility, and therefore value, of gateds is preferable right now.

I chose a 2003 so I wouldn’t have to pay the time cost of researching whether it had the needed upgrade campaigns. And I probably paid more for my car than it was “worth” but I have zero regrets. It was a spec I really liked and it’s been awesome!

 

That’s the key. Wait and buy the car that really meets your requirements. Don’t be impatient and compromise. For me it was a long term purchase and will likely never sell it so I paid good money for the car I wanted at the time. I bought it based on pics alone before flying interstate the following week to pay the balance. When the right car does come along, jump on it don’t haggle on price it may be months or years before another comes along. Having said that 4 years later it’s now worth allot more than I paid

 

So much talk about getting a gated Ferrari… I had a gated Gen 1 R8 and hated the gated shifter. I just wanted to relax in my sports car. Yes, it is engaging but people hype them up so much. The F1 is fine and people should enjoy the discount they represent compared to the gated and don’t get caught up in the hype. I have driven a gated 360 and to me it was nothing special. I enjoyed my supercharged C6 Z06 a million times more which was a ten times more capable car.

 

Relax in your sports car? Correct, gated isn't for you...

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Yea, a gated 360/430 is so amazing, right…. Lots of other manual cars are ten times more engaging is the point and the manual hype is way over done on these boards.

 

Do it. I've had 993s, 997s, a 987 and an Aston DBS. The 360 puts a smile on my face like none of those ever could (993 was close at times!)

 

I have run a 1999 - 360 for the past 20 years and done 115,000 miles. To this day, it is the only car I have owned that has never let me down or stranded. Choose your words carefully based on experience.. not hearsay.

 

KM

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