Gated Manual 360 Coupes - Modena Market

wow…..market is softening fast. Looks like I way overpaid for my ‘04. But, that’s why I don’t gamble. lol

 

the blue car did market for coupe with those miles...this was never a 160k car...what is ur spec and what did you pay?

 

I paid $160k for that red one on BaT that we chatted about a few posts ago.

 

Red Coupe black interior?

 

I found it - you got a nice car and its red. I wldnt lose any sleep.

 

Im not. It is a nice car, I’m happy with it, and it’ll be a driver anyway. Not an investment. My comment wasn’t a complaint, just a statement.

 

I saw the Mecum car and it was due a major and tires.

 

How much did you pay for yours?

 

he paid $160
post 2602

 

Not against people trying to make a buck off of Ferraris, but don't buy a car for investment....at least not at the price point of a 360. You may make a little money, but buy the car to drive and enjoy. Drive your car folks and if it makes you some cash, it's a plus.

 

and post #2557

 

Someone got a hell of a deal today.

https://bringatrailer.com/listing/2000-ferrari-360-modena-43/

 

It’s like as soon as disclosed Euro, then the car has the plague. I hope someone can explain to me why so many people stay away from Euro. Buyer of this car got a smart deal.

 

One reason is the Euro market VIN's don't track accident records like our Carfax does. It could be a completely rebuilt car, and it can be very easily hidden, record-wise.

 

If that’s the case, good enough reason to rest my case and concede defeat. Paper trail is very important for collectibles.

 

Guess I’ve been quite oblivious to that fact. Seems odd considering that the EU tends to have rather decent consumer protection schemes.

Image Unavailable, Please Login

 

Quite often buyers rely on (fallible) Carfax vs what’s in front of their own eyes. That car was a 100% perfect, sub-12k mile example.

 

I feel like most euro cars made it to the states early on, and a pretty good paper trail exists for most of them. I suppose if you live in CA or something they might be difficult to smog or register?


Sent from my iPhone using FerrariChat.com mobile app

 

Very good point

 

https://bringatrailer.com/listing/2000-ferrari-360-modena-44-2/

 

Sign of things to come?

 

I hope prices totally dump, I wouldn’t mind picking up another one!

 

This one was mine, and it was right at my reserve. Given the mileage and the fact that anyone in a state that has strict emissions would have significant work to do to pass, I thought it was fair. Would I have liked 100k-110k? Of course, but this was a very realistic number. One of the cases where both buyer and seller should be happy. It left room for the buyer to fix some of the little issues if he wants, and it got me what I was willing to take.

 

In that case, job well done and congrats!

 

Congrats to buyer and seller.

$100k w fees seems pretty good imho.