Possible Purchase 360 | FerrariChat

Possible Purchase 360

Discussion in '360/430' started by Crayzee1, Dec 21, 2013.

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  1. Crayzee1

    Crayzee1 F1 Veteran
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    May 19, 2013
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    Shawn
  2. BMWManiac

    BMWManiac Karting

    Apr 22, 2007
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    Alex
    I spoke with him a couple months ago....maintenance is due and he didn't have any maintenance records as I recall
     
  3. Crayzee1

    Crayzee1 F1 Veteran
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    #3 Crayzee1, Dec 21, 2013
    Last edited: Dec 21, 2013
    Hmmmm. I thought I heard him say he has owned car for 7 years and had all service records. I may have not heard him correctly. I know I was looking at another car in TN a few months backs and he had none. You sure this is same car? Makes me get nervous real quick if seller is telling different stories. He said he woud have it serviced by Ferrari of Atlanta.
     
  4. Red 27

    Red 27 Formula 3

    Feb 2, 2008
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  5. Crayzee1

    Crayzee1 F1 Veteran
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    Thanks Dave
     
  6. BMWManiac

    BMWManiac Karting

    Apr 22, 2007
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    Yep, same car....he does have the service records, but he did say the service is due. This was in mid-October and they were asking $84k at the time....I've pretty much had my eye on every 6 speed manual 360 in the country since October
     
  7. Crayzee1

    Crayzee1 F1 Veteran
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    Me too. Hahaha. It must need it major? It was priced at 81,000 the last few weeks, including yesterday. Noticed it jumped back to 84k over night. What steered you clear of it? I only spoke with him for about 15 minutes. Planned on a follow with a few more questions.
     
  8. Crayzee1

    Crayzee1 F1 Veteran
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    If it needs it major, 75k out the door would be a fair price?
     
  9. BMWManiac

    BMWManiac Karting

    Apr 22, 2007
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    Nothing really steered me clear of it...definitely worth checking it out. I was supposed to be deployed 6 more months, and since that has changed to next month, I have to put my Ferrari/Gallardo dream to the side until I get done buying a house, relocating, and all that jazz...

    If it were me, i would offer $75 out the door and settle for $78k
     
  10. Crayzee1

    Crayzee1 F1 Veteran
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    Good luck on deployment. Thanks for some insight and I'll keep you posted if anything else comes up. If anyone else knows anything about this car feel free to tell me.
     
  11. Red 27

    Red 27 Formula 3

    Feb 2, 2008
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    Might be a good idea to post in the Tn. section to check on the dealer. Google is also good.

    It looks very nice and seems priced in the ballpark for an 03 360 MT. Go drive it, if you like it try to get a PPI done and then start negotiating from that point. Too many variable to put a price on it from a dozen pictures. Full service, tires, engine and trans bushings, motor mounts, clutch, brakes, CEL, missing keys or FOBs plus many other issues can take you over 10k for the service.

    There are a few inspection check lists in the 360/430 section that you can print out to make sure you cover the basic 360 issues.

    Good luck with the purchase!!!
    Dave
     
  12. ferrarisun

    ferrarisun Formula Junior

    Feb 13, 2011
    960
    If the dealer says he is going to "get the major done", make SURE that is wrote up in contract. And you should talk to Ferrari of Atlanta, to see just how "deep'' they go on a major service, and of course, while "their in there", if they find other issues, who pays for those additional, unexpected repairs?
     
  13. Crayzee1

    Crayzee1 F1 Veteran
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    Dave I have a printed copy of those checks lists. So handy! I called the dealer again yesterday to ask a few more questions. I asked to speak to ____ and they said he doesn't work here? I said, well I spoke with him yesterday about the car, that is strange. The dealer said, oh thats the owner, we gave him your email with your phone number. I was like ok, they said he's just a friend and they are listing the car for him. Ironically in my email I had asked how the car dealership, came into possesion of the Ferrrari, as nothing else on their site indicated they sold hig-end cars.

    When I was speaking with the car owner he said he'll get me in touch with the mechanic at FOA to speak about the car. As far as I can tell, the owner is being very forthcoming and open. It being Christmas time, plus I am going out of country for two weeks makes it just a touch hard to get the ball rolling too fast.

    When I speak with FOA I'll be sure to see what the major contains. Heck, they'll be the ones doing the PPI, so if it passes muster. Might as well go ahead and do the major right there!

    Hopefully this works out and I'll join the club!
     
  14. andy308

    andy308 Formula 3

    Jan 16, 2005
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    The folks at FOA are straight shooters and I have nothing but good experiences with them. My 360 is going in on 1/6/14 for its annual service. Hopefully this deal works out for you. Post up some pics if you buy the car.
     
  15. Mr.Chairman

    Mr.Chairman F1 Rookie

    Mar 21, 2008
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    I would stay away from any scenario that involves someone else paying for the major service before you pick up / purchase the car.. Negotiate the price as is and get the service done on your own dime this way you know exactly what was done and by who you want. Its a recipe for disaster.. I actually would prefer to have a car that is in need of service.. this way its done by my mechanic and I could rest easy. No one is saying that the dealer is not a straight shooter.. your car, your money, & your mechanic... vs. your car, somone elses money, someone elses mechanic..

    R
     
  16. Crayzee1

    Crayzee1 F1 Veteran
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    Records Are sparse. Seems like the car hasn't been serviced since 2007 at 5700 miles. Time to search elsewhere. It looks like a great car, but with out some more proof it's had a few more oil changes, I'm gonna have to walk.
     
  17. Red 27

    Red 27 Formula 3

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    Shawn, if you are passing on that car maybe let everybody here know what you are looking for regarding colors, trans, year and any other must haves and maybe someone has or knows of a car that will meet your needs.
     
  18. Crayzee1

    Crayzee1 F1 Veteran
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    Black on black with manual. The only thing I'm flexible on is the interior. Tan, black, gray.
    I'd consider a 575 too. It's a marathon not a sprint, heck if it takes a year, I'll be in position for 430 as well. Just getting impatient to own. However I will not make irrational decision. Being my first ferrari, 1. I plan on keeping it and driving it often. 2. Must be manual. I want to experience the connection. After my first, maybe in 6-7 years I'll buy my second. Either a more modern with paddle shift or shoot for older like 512tr or 308. However I need to get my first! Thanks for everyone's help.
     
  19. BMWManiac

    BMWManiac Karting

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    Shawn, did you get a chance to drive it at all?
     
  20. Crayzee1

    Crayzee1 F1 Veteran
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    Never got to the test drive step. If everything else had been on order, I would still have to wait as I'm going out of country for vacation next week for a few weeks.
     
  21. kitchenaid

    kitchenaid Karting

    Mar 31, 2009
    114
  22. Kevin Rev'n

    Kevin Rev'n Two Time F1 World Champ
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    Nov 29, 2009
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    Man that is a sweet car. Interesting that it can't find a good home.
     
  23. kitchenaid

    kitchenaid Karting

    Mar 31, 2009
    114
    It certainly ticked off most all of the checkboxes on my list and even though I'm not really ready to buy now, the right car could change my mind :)

    But picking up something with 10 prior owners and then the comments in this thread on top of that...seems risky. And no, I'm not trying to scare off other buyers so if someone does check this car out and/or buy it I'd love to hear what the assessment is.
     
  24. vrsurgeon

    vrsurgeon F1 World Champ
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    Dec 13, 2009
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    10 Owners doesn't bother me. I think my car had 8. It's a very nice car! It just means that its priced a bit high for what it is.

    The only question I would have is what does the car look like now? With 8 owners (per carfax I presume?) chances are 1 of those 8 said "I won't buy this car unless all the campaigns are done!". In addition, with 21k miles.. the 10 didn't drive it much did they? Looks like last owner or 2 had it for last 7-8 years. alot of churn in the first 5 years of its life.

    The only thing that would concern me about the car is I would (personal taste) have to undo the pimpin' stereo system and the amp in the front trunk.
     

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