My Evaluation on Pricing? | FerrariChat

My Evaluation on Pricing?

Discussion in '360/430' started by glassywaves, Jul 31, 2010.

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  1. glassywaves

    glassywaves Rookie

    Jul 31, 2010
    1
    Ok, so I've read the buying section of 360's, have done my research and came up with a simple formula (as of yesterday). Curious on your thoughts.

    What I did was comb through ebay and find similiar base model 360's (with not much upgrades) to try and find an average miles/year/price.

    I was going to do the same with dupont registry but the prices there just seem so damn inflated.

    Anyways what I came up was this for twenty 1999-2004 models.

    Average Year = 2002
    Average Price = $95,000
    Average Miles = 14,217

    Now, since most are these are what you would consider stock, good condition, and most with the same criteria, I'm still trying to figure out where to go from here.

    So for example, now that I came up with a general average price to go off, I'm not too sure how to go up/down in price compared to mileage and age.

    For example mine which I'm looking to sell is a 2001 360 modena with 10,500 miles on it (purchased for $115k 1 & 1/2 years ago at 5k miles). Video of her. I'm not quite sure if anyone has come up with a general guideline to go up/down based upon the miles and year.

    From what I read it seems that miles is a more important factor in these model ranges. Anyone have a theory on what they would deduct per 5k miles, with all things being equal?

    Thanks in advance!
     
  2. hifipj

    hifipj Formula Junior

    Sep 26, 2009
    402
    Have you read the extensive, and detailed, asking price formula thread? Use that to calculate your asking price, and subtract about 8-14k for actual selling price.
     

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