Buy

Gated Manual 360 Coupes - Modena Market

Discussion in '360/430' started by Kevin Rev'n, Apr 4, 2014.

  1. one4torque

    one4torque F1 Rookie
    Silver Subscribed

    May 20, 2018
    3,379
    Houston
    Full Name:
    One4torque
  2. To remove this ad click here.

  3. FerrfanFL

    FerrfanFL Formula Junior
    Rossa Subscribed Silver Subscribed

    Feb 8, 2021
    771
    Florida
    Full Name:
    Ara
    to say that car is rough is an understatement.
     
    ml65 and dkyranakis like this.
  4. one4torque

    one4torque F1 Rookie
    Silver Subscribed

    May 20, 2018
    3,379
    Houston
    Full Name:
    One4torque
    $87k and still going….
     
  5. FerrfanFL

    FerrfanFL Formula Junior
    Rossa Subscribed Silver Subscribed

    Feb 8, 2021
    771
    Florida
    Full Name:
    Ara
    no, ended at 87. Art from EAG bought it
     
  6. AndreB

    AndreB Karting

    Jun 8, 2018
    222
    HTX
    Full Name:
    Ndr
    Nonsense
     
  7. To remove this ad click here.

  8. one4torque

    one4torque F1 Rookie
    Silver Subscribed

    May 20, 2018
    3,379
    Houston
    Full Name:
    One4torque
    Market is strong to say the least.


    Can’t wait to see what the EAG guys do with this one.


    Love this hobby.
     
  9. FerrfanFL

    FerrfanFL Formula Junior
    Rossa Subscribed Silver Subscribed

    Feb 8, 2021
    771
    Florida
    Full Name:
    Ara
    Here is Art's quote regarding his intentions with the car

    "Here is the plan, remove the factory OEM parts, refurbish them completely. ( I will build an all OEM car for someone 360 /430 if anyone is interested in the OEM parts I pull off this 360). Next, I am going full Guntherwerks Steven Singer on this bad boy, full restoration, British Racing Green, Carmel interior, all the Carbon you can imagine and N/A to 570HP tuned, this will be a 1 of 1 EAG Limited build car, full suspension, carbon interior the works. Stay Tuned!"
     
    ml65 likes this.
  10. WillskiGT

    WillskiGT Karting
    Rossa Subscribed

    Aug 12, 2017
    229
    Southeast
    Feel even better about the deal I got last month in light of this result. Mine has fewer miles, much better condition, lower price than this car after BaT fees. These things are on a rocket upwards. Geez.

    No one is making 570hp N/A out of a 3.6L 360 engine. Maybe (very strong maybe) a 430 engine with heavy mods.

    Even the N-GT didn't make that kind of power as a full on racing engine with the restrictors removed.
     
  11. one4torque

    one4torque F1 Rookie
    Silver Subscribed

    May 20, 2018
    3,379
    Houston
    Full Name:
    One4torque
    I’ve been wanting to build a lw outlaw 360 car for years…. I hope they make something special. They def have the resources.
     
  12. To remove this ad click here.

  13. one4torque

    one4torque F1 Rookie
    Silver Subscribed

    May 20, 2018
    3,379
    Houston
    Full Name:
    One4torque
    I do not regret buying my gated 360 w 19k miles 3 yrs ago for 90k.

    I got off the m car amg new car dep train!
     
    ml65 likes this.
  14. 67bmer

    67bmer Formula Junior

    Oct 28, 2015
    647
    MD
    Has the 355 gated market leapfrogged the 360 gated market? These are all very nice examples! 360 gated cars a few and far between lately.

    1998 Ferrari F355 GTS 6-Speed: Sold for $161,000 on 7/29/21
    https://bringatrailer.com/listing/1998-ferrari-f355-gts-5/

    1997 Ferrari F355 GTS 6-Speed: SOLD FOR $106,000 ON 8/16/21
    https://bringatrailer.com/listing/1997-ferrari-f355-gts-4/

    21k-Mile 1998 Ferrari F355 Berlinetta 6-Speed: SOLD FOR $135,500 ON 8/26/21
    https://bringatrailer.com/listing/1998-ferrari-f355-10/

     
    ShineKen and G. Pepper like this.
  15. ml65

    ml65 Karting

    Jun 22, 2009
    166
    Farmingdale, NY
    Full Name:
    Mike L.
    Waiting for a low mile gated 360 to hit BAT, probably will set a record, that’s a lot of 355s hitting now, I don’t get the 161k car w the AC that doesn’t work, there are a few low mile gated 360s at 175k-180k asking, and they will probably get it.
     
  16. WillskiGT

    WillskiGT Karting
    Rossa Subscribed

    Aug 12, 2017
    229
    Southeast
    Probably one of only a handful of Rosso Barchetta GTS. It needed a lot of mechanical work but cosmetically seemed to be good.

    If you have a guy whose dream car was a 355 GTS in a specific color and 2 or more of those guys are viewing an auction, then you get that kind of result. If someone was to list a lower mileage (<25k miles) green/tan or green/tobacco F355 GTS with all service records and in good shape, it would be a $250k car I think.
     
  17. RedNeck

    RedNeck F1 Veteran
    Rossa Subscribed

    Jul 8, 2016
    6,993
    The CSA
    Full Name:
    Me
    That POS went for almost $90k?!?. Holy crap. I guess I'm upping my insurance this year.
     
    Need4Spd likes this.
  18. G. Pepper

    G. Pepper Two Time F1 World Champ
    Rossa Subscribed

    Mar 15, 2012
    26,256
    Texas/Colorado
    Full Name:
    George Pepper
    Wow. I wonder what my 2000 sunroof stick would bring in today's market.
     
  19. AEROBUFF

    AEROBUFF Rookie

    Apr 1, 2019
    17
    FerrfanFL likes this.
  20. Trouts10

    Trouts10 Karting

    Dec 2, 2015
    163
    Chino Valley, AZ
    Full Name:
    Richard Heilman
    Me, too. No plans to sell mine but with only a dozen or less sunroof versions they should fetch more than the "dime a dozen" models;), at least from a collectible standpoint. As far as that 2002 360 that sold back in May, all I can say is "that was then, this is now" and it seems prices have creeping up the past few months.
     
    G. Pepper likes this.
  21. one4torque

    one4torque F1 Rookie
    Silver Subscribed

    May 20, 2018
    3,379
    Houston
    Full Name:
    One4torque
    If today’s drivers can’t operate or appreciate a stick…. I fear they will flounder over a mechanical sunroof port :).
     
    armedferret likes this.
  22. AEROBUFF

    AEROBUFF Rookie

    Apr 1, 2019
    17
    Hagerty gave the 360 a nice bump in value in the Sept numbers. A #2 2001 Spider comes in at $113k, and a #2 2001 Modena comes in at $120k after factoring in the +50% increase for the gated manual. It is interesting that Hagerty has a specific value for the gated Spiders, but groups the F1 and gated values together for the coupes. Based on the recent auction results I do not think this will surprise anyone.
     
    ml65 likes this.
  23. kes7u

    kes7u Formula Junior

    Oct 18, 2017
    878
    Shorewood, MN
    Full Name:
    Kevin
    Bought my F1 360 4 years ago. The car has 17k miles. Still have the same stated value $80k coverage on the car that I had when I bought it. The car has undergone manual conversion by EAG in the interval.

    Anyone have an idea how I should value the car for insurance at this point, and what is necessary for the insurance company to approve that coverage? (PURE)

    Thank you!
    Kevin
     
    one4torque likes this.
  24. WillskiGT

    WillskiGT Karting
    Rossa Subscribed

    Aug 12, 2017
    229
    Southeast
    I think the converted cars likely split the difference between F1 and manual. 17k mile converted car is probably around $110-110k.
     
    kes7u likes this.
  25. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    17,003
    thats how i think of it as well
     
    kes7u likes this.
  26. kes7u

    kes7u Formula Junior

    Oct 18, 2017
    878
    Shorewood, MN
    Full Name:
    Kevin
    Did you mean 110-120 or 110-115 or 100-110? (I know, not a large difference )

    Do you happen to know what kind of proof the insurance company would need for the value change of a stated value policy? I know I can just contact my agent, but I really just started to think about doing this.

    Thanks, again.
    Kevin
     
  27. WillskiGT

    WillskiGT Karting
    Rossa Subscribed

    Aug 12, 2017
    229
    Southeast
    Sorry, $100-110k.

    Not sure what proof is needed. My car is insured at $125k through Safeco and all they asked for was 2-3 photos.
     
    kes7u likes this.
  28. kes7u

    kes7u Formula Junior

    Oct 18, 2017
    878
    Shorewood, MN
    Full Name:
    Kevin
    Thank you for the info. Much appreciated.

    Kevin
     

Share This Page