Manual vs F1-transmission on a 360 Ferrari

Welcome Mikael.
There have been a few discussions on manual vs F1. It's a preference and I would prefer F1 but have manual.
As for prices, well certainly here in the UK all Ferrari prices are high. The cheapest are Mondials but I see none advertised for less than £30k which is twice what I paid for quite a good one in 2004.
Manual cars do have a premium over F1 much like lower mileage cars over higher. As for me I'm just fortunate I kept with Ferrari and am not too worried what it is or is not worth because it is highly unlikely to drop 50% of its worth today.

 

Welcome Mikeal. I'd refer you to this thread, as the values of the 3-pedal Modena have been followed closely by Kevin.

http://www.ferrarichat.com/forum/360-430-sponsored-yellow-compass-group/443022-gated-manual-360-coupes-modena-market.html

 

There's no question that the value of a gated 360 (Modena or Spider) is going *up* from here forward. There will be dips and valleys along the way but over time, the value will rise.

I sure hope you forgot a comma or something in your 2025 prediction because gated 360s are already above $100,000 USD.

 

Those people who dont have one and want one would want it low, those who have one want it high.

But I am in your boat. But not because I own a gated 360, but because ive owned a few Fcars and realize we are going no where in the cars of the future.

Ive started back tracking and started to buy those old good cars because they dont make them like they used too anymore.

 

You realize, you are officially old when you start to say things like this.

 

Mikael- Out of a total production of 16,379 360 Modenas and Spiders built, 4749 were three pedals, or 28.99% (29% rounded off). I would not trust numbers in Wikipedia too much. That means there were nearly as many 3 pedal 360s as total production of the 550 and 575M Maranellos (5147). If looking for rare regular production 3 pedals, try a 575M 3 pedal, of which 246 were built, or a 599 3 pedal, probably less than 200, maybe less than 100.

 

There's more 3 pedal 360 Modena's than there are 550 Maranellos (total production) I believe..

Personally, I'd go for the V12 considering they can be had for around the same price.

 

Taz, are those global numbers or US only? Would be interesting to know # of 3 pedal 360s in the US. I'll bet the % drops for US market - that's my guess anyway.

 

Those are global. I have not seen reliable numbers on US manual production, or complete US production, for that matter. US manual production is usually underestimated by those who own one.

Here are reliable production numbers for US 360s from NHSTA. Note no results for 1999, 2000, or 2005 and no break-out of Modena vs Spider or F1 vs 3 pedal. Note these results are slightly different from what is often seen of decreasing sales as a model ages. Here sales increased for each year, except 2002, maybe due to availability.

2001 723
2002 684
2003 885
2004 950

 

In 2005, only spiders were produced, so if we take the average of 29%, and the average of 240 gated cars shipped per year to the USA, then between 1999-2004, there would have been ~1430 gated 360s in the USA total. If I remember right, the spilt between Modena and Spider was about 45/55%, so all totaled a reasonable guesstimate at the total number of gated Modenas in the USA is ~700, not including any Euro or Canadian cars imported.

Regardless, the Gated Modena will never have a valuation of a 365, but it's still somewhat of a rarity for US market machines. Until the next big recession hits, I'd expect these to hold value if not appreciate in the future.

Of course that also depends on how much you chose to stare at it in the garage versus driving it

 

Thanks for the additional data, Taz.

I'll bet 2002 numbers went down because of 9/11 and the dump the stock market took (especially NASDAQ with the dot.bombs). Lots of economic turmoil and massive layoffs in high-paying tech industries.

 

You are right, they make them better.