Premium for gated 6 speed on 360?

The premium is present, it is just compensating the diminished value imported cars (even from Canada) have in the US
I am not saying it should exist but it does, just like you said you are not "thrilled" about the KPH thing, other owners think the same and they prefer to get an "American" version.
But if you are paying less and in the future you get less what do you care? Less money parked in your garage and the same thrills, just learn how to divide by 1.6 and you are set




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I'm driving an F355 I imported from Canada. No issues at all. Unless you consider metric gauges/hvac a problem, which I don't.

 

My 360 (stick ) imported from Europe. No problems insuring it, no problems registering it. OTOH I'm not in California so emissions nazi isn't requiring a BAR sticker.

Depends who did the importation conversion. Mine was done by Champaign imports.

 

If you don't mind, can you tell me how much (estimate) it cost to import from Europe?

 

I think is too much, 7 months ago the premium was 10k and I still believe the premium should be around that level, in the last couple of weeks there has been crazy people asking exorbitant amount of money for 6 speeds (there is a dealer asking 160k for one right now,) but I guess anybody can ask whatever you want for something, at the end the most important fact is for how much the cars are actually changing hands for, they are calling it the next Ferrari home run (308-328, testarossas, Maranellos are models that suddenly doubled their value, I believe they are overpriced honestly).
what is better a 6 speed or a F1 is a subject that creates a lot of controversy here in Fchat, but now more because people see 6 speeds as "investments"
In my mind neither model (6 speed, F1, spider or Modena) could or should be considered an investment, I was looking for a 6 speed car Modena for reliability and I ended up getting a F1 Spider because that was the best maintained car I could find.

Lastly do not think 33k miles "a lot" it all depends how well maintained the car is. For me the sweet spot is 15k-25k but I will never discard a well maintained 33k miles car.






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Unless the car is an impossible to find spec, I see no upside to importing a car from Canada. The headache of paperwork, possible import duties, and the infernal KPH/KM/C thing. The cherry on top is you'll have a whale of a time trying to sell it on when you're finished with it. Car history doesn't transfer and it'll raise all sorts of questions from possible buyers. Just say no, man. Sooorry, Canada.

 

Well, you can wish it were still only $10k but the reality is that the asking price has shot way up (for a manual). Whether you think it's right or not is immaterial. The market will take care of that.

It's a 99.9% certainty that 360s will be worth more in the future - especially manuals. The ROI all depends on what level you buy at and how long you intend to hold. I'll hold mine for many years (I hope). Far more fun than my 401k was.

 

Here you go again
He asked my opinion and I gave it to him, I think paying more than 10k for a manual car is stupid and I wouldn't do it.

Now if you are 99.99% sure the 360 will increase in value in the future (I guess you are considering inflation too) then let's buy all the 360s we can find.

I do not see cars as investments, some to them can become investments but that is not the norm.






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Let's agree to disagree, Fernando...preferably over a nice local brew one of these days! :^)

 

So don't. F1 isn't even an option for me so it's price is irrelevant. If I'm only looking at 360 Manuals, 430 Manuals, 599 Manuals, etc...then I see the 360 as great value.

I bought a 360 manual and paid what the market demanded. If that wasn't available to me I wouldn't buy a 360 at all.

Straightforward enough.

 

I am in!!


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I hear you
As I said I purchased the best example I could find and back then it was a F1, I wanted a manual car but the F1 really grew on me, on twisty roads it is an amazing feeling.
10k is about 12.5%-15% premium which is acceptable, paying 33% premium for a gated car is just too much for me.




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Have absolutely no idea. First owner imported it in 199-2000. MSRP was $150k, with import fees and who knows what else wouldn't be surprised if like the first 458's or 488's the end price was waaaaay above MSRP.

Agree with above.. if you really want a stick, you have to pay. And if anyone converts a 430, the parts from that will come from a 360 stick. So its one more 430 but one less 360.

Canada might not be a bad buy if priced in, as any grey market car will be priced lower on initial sale. Interestingly, when I bought my 360 it was priced below a low end US spec F1 model. Now, it's worth more even as a euro(comparable miles and condition respectively) because stick.

 

As the owner of an F430 Spider with stick, I often find it ironic that the F1 transmission feature, on later F355 models, all 360 models and all F430 models, was usually about a $10,000.00 option; now, a stick on any of these three series of Ferraris will most likely bring a premium greater than $10,000.00. I must admit that I never anticipated that happening. Fred

 

Not necessarily. I believe the parts are all still available new.

 

Yes it is ironic but also that F1 10k option represented 5% of the value, now the 10k+ 6 speed premium is based on depreciated values so it represents way more.

Everything is relative, two/three years ago nobody wanted 308-328 or testarossas because at 30k-40k value the maintenance you had to perform (engine out etc) represented so much, now that they are overvalued in my opinion, the maintenance isn't that expensive anymore and now people want them.

It is funny how the human mind works.
It seems everybody wants what other people want, and they are always looking for the next "Daytona", ask the Maranello guys, I love the 550 but I think is overpriced too, how is it possible a 550 is more expensive than a 599?





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I enjoy watching your videos on 6speed. compared to your pcar the 360 will seem very slow. that said, even with the premium for stick you cant go wrong and it will likely go up in value!

best

 

It's all about torque. My 997 has more of it at lower RPMS. The 360 just builds and builds in a savage fashion. You have auto wind it up into the higher RPMs to get out performance versus the 911 that has it down lower.

 

Don't try the 458, You will be hooked!
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I've had my 360 gated since new and like yourself a turbo s. The longboarder turbo s is the fastest 997.2 turbo s out there, with many vids online!

 

Well it IS about going a LITTLE fast... ;-)

 

The really cool thing is the a-pillar, window and windshield to where they meet the front bumper is so similar between the 360 and the 458.. it's really cool when you can see the design heritage.