Gated Manual 360 Coupes - Modena Market | Page 64 | FerrariChat

Gated Manual 360 Coupes - Modena Market

Discussion in '360/430' started by Kevin Rev'n, Apr 4, 2014.

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  1. Maranelloman360

    Dec 27, 2017
    15
    Sydney
    Full Name:
    andrew Pontoni
    Gated 360 in Australia if there Australian delivered are now fetching around the $220 to $250 k. F1 shifts are still an inexpensive buy. What's the global market saying
     
  2. Ferrari 308 GTB

    Ferrari 308 GTB F1 Veteran

    Feb 21, 2015
    7,716
    Tropical
    rossyl likes this.
  3. rossyl

    rossyl Rookie

    Jun 10, 2019
    12
    Full Name:
    Ross
    Very interesting that a Ferrari dealer purchased it as usually these cars are too old for them. Unfortunately I imagine they'll stick £10k on the price. If they do that, I doubt it will sell for a while.
     
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  4. Nachtfalter

    Nachtfalter Formula Junior

    Feb 28, 2012
    446
    So-Cal
    chris0315 and G. Pepper like this.
  5. Ferrari 308 GTB

    Ferrari 308 GTB F1 Veteran

    Feb 21, 2015
    7,716
    Tropical
  6. vrsurgeon

    vrsurgeon F1 World Champ
    Silver Subscribed

    Dec 13, 2009
    15,875
    Charleston, SC
    Full Name:
    Curt
    I actually know the previous owner (not the current seller). Previous owner bought it for $7x,xxx in 2010. Very nice car, almost time capsule. I'm not a fan of the mocha interior though. I'm not sure he's going to score big in this market.. I heard he bought it in the $80's..
     
  7. Nachtfalter

    Nachtfalter Formula Junior

    Feb 28, 2012
    446
    So-Cal
    I’ve seen that darker leather with the darker Barchetta red and it was incredible. I think it works well with the black but I’ve never found black to be the best color for the 360, however, I think this car looks nice.
     
    vrsurgeon likes this.
  8. Themaven

    Themaven F1 Rookie

    Nov 2, 2014
    4,252
    Eastdown
    Full Name:
    Darius
    A specialist dealer friend sold a nice 20,000 mile gated 360 Spider red/cream for £63,000 this month, with a year’s warranty. (He said it would have fetched £20k more in 2016.)
     
  9. rossyl

    rossyl Rookie

    Jun 10, 2019
    12
    Full Name:
    Ross
    That's a fairly priced car. How do you end up hearing about these cars?
     
  10. ihavearedferrari

    ihavearedferrari F1 Rookie

    Nov 23, 2007
    3,316
    Sydney
    Full Name:
    Adam
    Seems the market is falling in the UK
     
  11. Gated

    Gated Formula 3

    Dec 21, 2009
    1,117
    I wonder why? LOL
     
  12. MalcQV

    MalcQV F1 Rookie

    Oct 11, 2004
    3,292
    Manchester, UK
    Full Name:
    Malc Holden
    #1587 MalcQV, Sep 27, 2019
    Last edited: Sep 27, 2019
    That's quite reasonable. I was offered £73k in 2017 for my Modena but it had 37k on though it is quite a high spec car.
    I can probably insure it for a lot less next time around.

    As to why are they so cheap? It's a manual gearbox as are most cars in the UK. Whilst having a manual I really don't get the fascination with them over F1. The main benefit for me is maintenance and getting it in and out of my tiny garage. I'd much sooner have a sequential F1 car but for the reasons I mentioned.

    I do not believe it has anything to do with Brexit. From what I see old classic Ford's are still holding their value.

    I paid £32k for an F355 in 2010 which I swapped for my 360 in 2015 (with cash coming my way). If I got £50k for my car I'll probably break even more or less. Mustn't grumble at free motoring for nine years. ;)
     
  13. Robb

    Robb Moderator
    Moderator Lifetime Rossa Owner

    Feb 28, 2004
    13,875
    Full Name:
    Robb
    I don’t think there are many sticks available right now. Those that are out there have higher prices that may be a bit optimistic. So the few ones that are for sale are sitting...

    My buddy is hoping to find a good one but draws the line at overpaying. I get the market at work. Same issue with F355 stick it seems on berlinettas and gts. Plenty of spiders available.

    Robb
     
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  14. kes7u

    kes7u Formula 3
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    Oct 18, 2017
    1,136
    Shorewood, MN
    Full Name:
    Kevin
    Regarding the idea of overpaying. Is there a level of premium he is willing to accept over the F1 equivalent?

    Kevin
     
  15. Robb

    Robb Moderator
    Moderator Lifetime Rossa Owner

    Feb 28, 2004
    13,875
    Full Name:
    Robb
    Yes I think 10-20k premium depending on the car, mileage, and spec.

    He’s just not finding desirable cars out of the already slim pickings.

    Robb

     
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  16. kes7u

    kes7u Formula 3
    Silver Subscribed

    Oct 18, 2017
    1,136
    Shorewood, MN
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    Kevin
    Totally get it. I'm not thinking about resale, so I bought a great example with the spec I wanted, and plan to have a gated conversion done shortly.

    Kevin
     
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  17. ml65

    ml65 Karting

    Jun 22, 2009
    174
    Farmingdale, NY
    Full Name:
    Mike L.
    Regarding the gated conversion, do you think it hurts resale, not being original, born with etc, or adds some value?
     
  18. ml65

    ml65 Karting

    Jun 22, 2009
    174
    Farmingdale, NY
    Full Name:
    Mike L.
  19. Dewinator

    Dewinator F1 Veteran
    Silver Subscribed

    Jun 22, 2017
    5,973
    WA
    Resale values are a curse! The less there is the less you worry about getting out and driving your car!
     
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  20. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    18,772
    #1595 ttforcefed, Oct 5, 2019
    Last edited: Oct 5, 2019
  21. one4torque

    one4torque F1 Veteran
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    May 20, 2018
    5,090
    Houston
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    One4torque
    Strong! Love it!
     
  22. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    18,772
    Strong? Not strong at all.



    Sent from my iPhone using Tapatalk
     
  23. one4torque

    one4torque F1 Veteran
    Silver Subscribed

    May 20, 2018
    5,090
    Houston
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    One4torque
    Perhaps you know the market better.. but I thought anything over 100 was strong for a 360 gated.
     
  24. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    18,772
    I don’t actually- 18 mos ago i commented i thought spiders were more desirable that coupes and i was told I was wrong. At the time my colleague sold an 04 spider with 6k miles for like 120k. So that means coupes were at 130k maybe? I really dont know if the bat car was a good or mediocre price.
     
  25. Robb

    Robb Moderator
    Moderator Lifetime Rossa Owner

    Feb 28, 2004
    13,875
    Full Name:
    Robb
    I don’t think it was a bad price considering you could find 360 stick coupes for sale around 65 just 3-4 years ago before the market got hot...

    I think they are pretty stable around 90-100+ for cars around 20k miles with desirable spec.

    Around 80-85 for higher mileage cars or cars with off colors / less options / earlier years.

    Robb
     

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