2001 Ferrari 360 Spider value | FerrariChat
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2001 Ferrari 360 Spider value

Discussion in '360/430' started by califf, Feb 18, 2011.

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  1. califf

    califf Rookie

    May 16, 2010
    30
    #1 califf, Feb 18, 2011
    Anyone have a rough estimate on resale value for a 2001 Ferrari 360 Spider F1, black, approx 32K miles. Major 3 year service (belts, tensioners, fluids, etc) and new clutch done 11/2010. Car has a problem going in reverse, needs actuator repair or replacement. Needs new convertible top soon (top intact but must push down on it to fully seat it when taking the top down). Has nice stereo, amp, subwoofer, separates. "Sticky" on the inside has been fixed, now smooth. Price if I sell it as is? Price if I fix the actuator but not the top? Price if I fix both the actuator and the top?
     
  2. Markjayw

    Markjayw Karting
    BANNED

    Jul 22, 2010
    160
    Kennewick, Wa.
    Full Name:
    Mark
    #2 Markjayw, Feb 18, 2011
    Depends on the options:

    All keys?
    Car Cover?
    Tool Kit?
    Seat type
    Exhaust?
    Challenge Grill adds?
    Leather Shelf?
    High Fi?

    Assuming all these things are there, with your miles and service records and assuming the top is fixed and reverse is fixed, I would say $75 to $80 retail tops. Wholesale to a dealer subtract 10k.
     
  3. jamie140

    jamie140 F1 Rookie
    Rossa Subscribed

    Oct 17, 2004
    3,238
    GTA/Marco Island, fl
    Full Name:
    Jamie
    #3 jamie140, Feb 18, 2011
    If I can offer some advice. Fix everything. Not many peeps want to buy a fixer upper exotic.
     
  4. califf

    califf Rookie

    May 16, 2010
    30
    #4 califf, Feb 18, 2011
    One set of keys.
    No car cover.
    Yes tool kit.
    Leather electric seats.
    Original exhaust.
    No challenge grill.
    Not sure what a leather shelf refers to, but entire interior is leather.
    Yes hi fi stereo.
     
  5. gum3

    gum3 Karting

    Mar 22, 2004
    93
    Bath, OH
    Full Name:
    Todd
    #5 gum3, Feb 18, 2011
    I've spoken to a few dealers about trading in my 01' spyder (red/tan, 18k, TUBI, perfect in and out) on a 430 and have been offered no more than $70k. With your miles, even if the car was perfect a dealer may give you $65 or $75k at best if you sell on your own. Given that 430's will be under $100k very soon those numbers convinced my to keep it for now.
     
  6. Terculees

    Terculees Formula Junior

    Mar 3, 2008
    699
    San Diego, CA
    Full Name:
    Andrei C.
    #6 Terculees, Feb 18, 2011
    Holy moley 360 values are plummeting. At this rate I may pick up a spider in a year. Striclty 6-speed 3-pedal job though... I suppose I'll have to pay through my nose for that rarity.
     
  7. andrew911

    andrew911 F1 Rookie
    Silver Subscribed

    Sep 8, 2003
    2,893
    Northern NJ
    #7 andrew911, Feb 18, 2011
    Last edited: Feb 18, 2011
    Keep in mind though these are trade in values- the lowest value there is. For someone who doesn't want to deal w/selling and in essence is taking a lower value due to (1) ease of having the dealer take the car and sell it and (2) tax saving on purchase in most states- you only pay sales tax on the difference of the new car and the traded in car. At 7% tax rate of NJ you would have to get more than $74,900 for the car selling it yourself to get anything over the $70,000 offered on trade (and still deal with the hassel of selling).
     
  8. blackbolt22

    blackbolt22 F1 Veteran
    Silver Subscribed

    Sep 25, 2007
    5,792
    Boca Raton, FL
    Full Name:
    Mr. Anderson
    #8 blackbolt22, Feb 18, 2011
    Yes, trading in and wholesaling vs selling prices are different. No different with any car at any price point.
     

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