Wanted Is it possible to find a 360 Modena in Red/Tan under $90k???

Quick Autotrader search comes up with at least one: https://www.autotrader.com/cars-for-sale/vehicledetails.xhtml?listingId=640837828

 

Here's one on BAT that might go for less than $90k.

https://bringatrailer.com/listing/2005-ferrari-360-spider-4/

It seems the F1's are going for just a bit more than they were a year ago so your best bet is to keep an eye on the various sources.

You're shooting for the low side so you'll probably have to take a car with some issues, stories or high mileage.

Good luck!

 

@mx1 use this url to see several of what I think you are looking for.
If you create an account at autotrader, you can set it up to alert you every time a new listing with your criteria pops up.

https://www.autotrader.com/cars-for-sale/all-cars/cars-between-70000-and-110000/ferrari/360/hartford-ct-06114?searchRadius=0&extColorsSimple=RED

 

HI,
robertcope kind of beat me to the punch.
However I was going to mention one that I had come across:

https://www.autotrader.com/cars-for-sale/vehicledetails.xhtml?listingId=638593574&allListingType=all-cars&minPrice=70000&maxPrice=110000&priceRange=&makeCodeList=FER&modelCodeList=360&city=Hartford&state=CT&zip=06114&location=&searchRadius=0&extColorsSimple=RED&dma=&isNewSearch=false&referrer=%2Fcars-for-sale%2Fall-cars%2Fcars-between-70000-and-110000%2Fferrari%2F360%2Fhartford-ct-06114%3FsearchRadius%3D0%26extColorsSimple%3DRED&clickType=listing

Best of luck with your search.

 

I think you could find an F1 with high miles in red/ten for that price.

 

Some good suggestions already provided. Your comment about looking for a while tells me you are cautious which normally isn't a bad thing. However in the world of exotics you can miss out. Yes you will be afraid, question your decision but when the opportunity arises grab it by the horns! Also you probably will have to go higher. Years ago when I was looking to buy a Nissan 300ZX twin-turbo, I kept offering what I felt was a reasonable price and after 3 years I realized I had to go higher otherwise I wasn't getting the car. Once I went up 25%, that all of a sudden I was able to buy the car.

 

I am considering selling mine for around that price, 30k miles, fully serviced, challenge ECU/TCU headers, high flow cats, rare LC racing exhaust, 18” BBS challenge race wheels etc… I’m a Ferrari mechanic and this is my personal car.

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Beautiful car.

 

The way this market is crashing it wont be long until supply returns to pre pandemic levels.

 

The question is... Will the exotic car market crash along with the Nasdaq? Real estate values show little signs of abating, and unlike in 2008, US mortgage loans are much higher quality. When people feel house-rich but investment-poor, will they rush to sell their toys? Only time will tell...

 

Yes I don't pretend to be able to predict the future but I have seen enough cycles in my life to guess. I have several saved searches on various real estate sites and get notifications for my search criteria. For the last two years it has been solid growth and this last several weeks is the first that I have seen a steady stream of notifications with price reductions and constantly dropping. I wont say that is absolute but it is interesting. I am looking for a home in Scottsdale and San Diego and both markets seem to be cooling.

 

Hi Casey, how can I contact you?

 

Casey's car looks like a lot of car for the money.

 

Seasonally adjusted new mortgage applications are down something like 20% just in 5 months this year; Bring a Trailer sell-thru is down from the mid/high 90’s to the low 80’s, Sotheby’s and other in-person sales are off from mid 80’s to low 70’s... it’s already happening

 

I took a random sampling earlier today and it was at 40% sale through.

 

Dumb question, but what is sell-through?

 

So I counted the last 10 cars that had sold earlier this afternoon and 4 out of 10 would. 6 failed to meet their reserve.

 

Ah thank you sir, that makes sense. I forgot it was an auction site.

 

They had a bad day, but overall it’s been a little higher. I check a few times a week and usually do a full page of results when ballparking it. Or a full day of sales. They post worse cars to close in the morning, so if you check the last 10 at lunch there’s usually a bad show.

 

The sales prices are trending down. The sale rate is trending worse. The wholesale auctions on high line were a blood bath today.

 

Unfortunately, people have been saying the sky is going to fall for the last four years. As far as I can see, the sky is still intact.

You can wait until you're old and gray before pulling the trigger hoping for a better deal or you can start enjoying now. It is after all, only money.

 

Hi I know about an off-market 1 owner 1999 360 F1 Coupe Black/Black with about 13,000 mi with Fresh Major service In your price range.
Feel free to give me a call if you want to discuss
Mike 973-610-7111

 

Car prices and sell-thru rates have been rising for 4 years despite naysayers saying the market was overvalued. Both of those have been falling since March and have been accelerating on a weekly basis. We aren’t going back to 2018 prices, but I think it’s going to be a long and early winter ahead.