Hello, Hope everyone is having a good safe 2001 so far. So, recently I read a discussion here where some folks and owners were saying something to the effect that "a 60,000 mile 360 will tear one up and destroy with bills/repair costs". I believe the thread was about someone wanting to buy such a car w. not much maintenance reserve left over. But, my question is - would a well maintained 60,000 milke 360 really be such? I spoke to my F-car mechanic and he mentioned that the 360 engines are excellent for starters. So, just wondering. Thanks for any thoughts everyone. Mike '76 308GTB
Theres a 125k 360 on sale in the Netherlands. http://pistonheads.com/sales/1909198.htm Draw your own conclusions from that....
I'm at nearly 60k miles and it runs strong ....don't see why I can't get another 100k out of her ...Ferrari are not time bombs that start ticking from day of purchase .
From my perspective the 360 engine seems to be pretty reliable. There are the few horror stories out there in relation to cam belt and timing variator failures but high mileage doesn't seem to be a common thread with those stories so I wouldn't be inclined to avoid a higher mileage model if the service records are there to demonstrate that it's been properly cared for. I would imagine that far, far more of these cars come to an untimely end due to accident, collision etc. That said, if one is purchasing any vehicle outside of warranty period one needs to be able to maintain it and to afford any necessary repairs and it is the case that Ferrari cars are somewhat more expensive to maintain than others so one would be well advised to have a reserve capability before "jumping in"
Isn't this question just this year's first candidate for the regular 'what's the highest mileage on a 360 ?' thread ?
Get a good inspection. At 60K, I'd be more worried about worn suspension, brakes, and transmission. Those areas can be really expensive -- as would be a car that's been abused or poorly maintained. If it were me, I'd really like to see all the repair records. But, if everything checks out, I don't see why 60k would be much different than 30K or even less.
I'm purely speculating that this whole low mileage Ferrari thing was manifest in the wonderful cycle of the lucky few on the "list" who would purchase a new Ferrari at MSRP, drive her for 1-3 years, then have the dealer buy it back for MSRP, and then get into a new Ferrari at MSRP, while the dealer would sell the used Ferrari at MSRP+ X. For this to have worked well, low miles were likely very important. Today this cycle does not exist, but the low mileage habits still remain.
My good friend just turned 50K an his and it runs fine and looks great. See his thread below. http://ferrarichat.com/forum/showthread.php?t=309305
There was a local Gallardo with close to 90K miles - it was one of the best running cars according to an indie mechanic.
86,000 miles on mine (143,000 km) I've done almost all of them myself. The engine is very strong and drives better than many garage queens. These cars need to be driven! No faults on mine other than wear and tear. Forget the 'Ferraris are fragile little things' They are most certainly not!
One day back in the early '90s, I was talking to the local Ferrari dealer's shop foreman, he told me about a gentleman who daily drove his 328. I believe at the time it had 69K miles...crazy mileage for a Ferrari back then. He said it was the best running 328 he'd driven, and that over the course of those miles it had very few problems (none major). Sometime later, I saw the car in for service at the dealer. It looked a little ruff compared to the surrounding garage queens, but it also looked well enjoyed. I never met the owner, but I remember thinking to myself, lucky guy.
