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Manheim Auto Auction Report

Discussion in '360/430' started by dlbehrns, Mar 26, 2014.

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  1. dlbehrns

    dlbehrns Rookie

    Mar 14, 2014
    13
    #1 dlbehrns, Mar 26, 2014
    I was looking at a 2000/360 Modena online so I called my buddy in the dealer collections department at the bank where I work to see if he could give me a Black Book value on it. Black Book is the real time auction market prices. Y'all might find these values interesting. There were no 360s in the Black Book but there were a few that were listed on the Manheim Auto Auction Market Report. FWIW:
    Date Location Price Mileage Condition Trans
    6/13/13 RIVRSIDE $56, 500 53,793 Avg A
    7/23/13 ATLANTA $55,500 42,438 Avg A
    12/11/13PALM BCH$59,250 30,937 Abv Avg A
    3/5/14 NY $38,000 25,790 Below A
    3/14/14 NY $39,000 26,044 Below M
    3/20/14 PA $56,000 25,487 Avg P (don't know what that mean, pedals?)
     
  2. KJM3SMG

    KJM3SMG Formula Junior

    Dec 3, 2006
    983
    Loudoun County, VA
    Full Name:
    Karl - KJ
    #2 KJM3SMG, Mar 26, 2014
    it's auction, may or may not directly apply to real world consumer pricing, or even Ferrari acceptable condition. But u never know some of them could be gems (most aren't that's why they are in auction), great for resale if you're a dealer.

    I kinda wish I had a dealer's license to buy, fix up, flip... drive in between...
     
  3. L.I. Adam

    L.I. Adam Formula Junior

    Feb 13, 2013
    283
    east norwich, Long I
    #3 L.I. Adam, Mar 26, 2014
    lol..try and get a clean well maintained for those numbers..Pergaps in your next life...
     
  4. Peterod2010

    Peterod2010 Karting

    Feb 23, 2014
    116
    conn
    Full Name:
    Steve
    #4 Peterod2010, Mar 26, 2014
    I have my dealers lic and that's not the feedback I get from manhem! Those #s are crazy low!
     
  5. Peterod2010

    Peterod2010 Karting

    Feb 23, 2014
    116
    conn
    Full Name:
    Steve
    #5 Peterod2010, Mar 26, 2014
    My experience with the auction almost every Ferrari I've seen there has bad paint and poor maintance.
     
  6. Kevin Rev'n

    Kevin Rev'n Two Time F1 World Champ
    Owner Silver Subscribed

    Nov 29, 2009
    24,349
    Honolulu
    Full Name:
    Kevin
    #6 Kevin Rev'n, Mar 26, 2014
    Those look like wholesale numbers like when inventory is traded from one dealership to another. No VINS?
     
  7. Bean_328i

    Bean_328i Rookie

    Oct 24, 2008
    33
    #7 Bean_328i, Mar 26, 2014
    I'm 99% sure these 2 are the same car & that below is an ad for it:

    2000 Ferrari 360 Modena - Used Coupe Bridgeview IL | Midway Autohaus

    Keep in mind it is salvage (flood) title.

    I've been in the auto industry for going on 10 years now and believe me when I say VERY rarely do you get a great deal at auction, usually you will either pay close to retail up front or you will pay for it in repairs and reconditioning, which as most of you know can run tens of thousands of dollars on these cars.
     
  8. rmani

    rmani F1 Veteran
    Owner Silver Subscribed

    Nov 1, 2003
    7,328
    NJ
    Full Name:
    RMani
    #8 rmani, Mar 26, 2014
    40k for a salvage car sounds about right.
     
  9. carcommander

    carcommander Formula 3

    Sep 28, 2006
    1,705
    Southeast
    Full Name:
    Jim
    #9 carcommander, Mar 26, 2014
    A Ferrari at auction is a pig in a poke.
     
  10. *fill-up*

    *fill-up* Formula Junior

    Mar 11, 2011
    364
    Orland Park, IL
    Full Name:
    Phillip K
    #10 *fill-up*, Mar 26, 2014
    This is mine lol, paid $39k, plus auction fee, plus $1000 to the seller on the side for letting me do PPI before purchase

    Edit: fyi, it was purchased through Manheim site OVE.com, so not all these transaction's are auction, most are OVE (dealer to dealer exchange)

    see thread https://www.ferrarichat.com/forum/360-430/440576-what-sandy-360-worth.html
     
  11. bmw tuning

    bmw tuning Karting

    Apr 27, 2012
    178
    Portland OR
    Full Name:
    Donny
    #11 bmw tuning, Mar 26, 2014
    Im a dealer and thats what manheim currently says and yes those 3 in the 30s are the same car and you ccan see there is clearly a reason it was priced that way. Although I think fill up got a deal after inspection it would have been a roll of the dice otherwise.
     
  12. Kevin Rev'n

    Kevin Rev'n Two Time F1 World Champ
    Owner Silver Subscribed

    Nov 29, 2009
    24,349
    Honolulu
    Full Name:
    Kevin
    #12 Kevin Rev'n, Mar 26, 2014
    Fill Up is the anomaly...and my hero!
     
  13. dlbehrns

    dlbehrns Rookie

    Mar 14, 2014
    13
    #13 dlbehrns, Mar 27, 2014
    We have very few floods and very few 360s in Nebraska(probably none)but I can always dream. Dream big or go home, eh.
     
  14. PATLEW

    PATLEW Formula 3

    Dec 3, 2007
    1,004
    Marvin /Waxhaw
    Full Name:
    Patrick Lewandowski
    #14 PATLEW, Mar 27, 2014
    I know the owner of this business.
     

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