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Offline Noodleman

  • I'm not affraid 2 die I'm affraid of going to Hell

  • Joined: Sep 2010

  • Drives: Mercedes Slk
  • Location: Melbourne
  • Name: Sean
Hey guys, just new to this forum and hoping some of the resident experts could shed some light on some things for me.

Been keeping my eye on the Australian 360 spider market for the last few months and wonder what an 01-05 is really worth.

I've seen them start from about 170k and then go all the way up to 250k for comparative models. Is it just peoples high expectations? what are
the real sales prices of a good condition car with around 20k km. Also wondering how big of an issue is a 99-00 model, as i have heard many
people say to stay away I know there was an issue with the belts but what was changed in the latter models? How big of an issue is km's, do
these engines suffer from exorbitant wear?

Thanks in Advance





Offline iwantaredferrari

  • iwant-another-redferrari

  • Joined: Feb 2009

  • Drives: Ferrari 360 Modena
There was a nice 2003 red/tan spider at pickles auctions in August/July I think with 23000 kms on it. Sold for around 170k. Sat around at Rick Demelians for ages asking 229k.



Offline Noodleman

  • I'm not affraid 2 die I'm affraid of going to Hell

  • Joined: Sep 2010

  • Drives: Mercedes Slk
  • Location: Melbourne
  • Name: Sean
Sat around at Rick Demelians for ages asking 229k.

This is one he's got at the moment.
http://www.carsales.com.au/all-cars/dealer/details.aspx?Cr=14&R=8634987&keywords=&trecs=46&__sid=12B50F1CFD1A&__Ns=pCar_PriceSort_Decimal|0||pCar_RankSort_Int32|1||pCar_Make_String|0||pCar_Model_String|0&__Qpb=true&__Nne=15&__No=0&seot=1&__N=1216%201246%201247%201252%201282%204294966372%204294966380&silo=1011

What I can't understand is that if he can put a 60k mark up on the one that he bought from Auction yet sells this one for 170k what is likely to be the problem with it. Seems fishy



Offline iwantaredferrari

  • iwant-another-redferrari

  • Joined: Feb 2009

  • Drives: Ferrari 360 Modena
Nah, it sat for 229k at Rick's for ages, and it only sold at auction for ~170k after Rick couldnt sell it for 229k.

That silver one has had its price jump around from 169k to 193k and back to 169k.



Offline Noodleman

  • I'm not affraid 2 die I'm affraid of going to Hell

  • Joined: Sep 2010

  • Drives: Mercedes Slk
  • Location: Melbourne
  • Name: Sean

That silver one has had its price jump around from 169k to 193k and back to 169k.

It's a fkn jungle out there!!!!!  :confused: The mere thought of Ferrari ownership has me buckling at the knee's with all the things  i've read about dodgey cars and dodgey dealers. Do u own a 360?



Offline iwantaredferrari

  • iwant-another-redferrari

  • Joined: Feb 2009

  • Drives: Ferrari 360 Modena



Offline ferrarista2


  • Joined: Mar 2010

  • Drives: Slowly
  • Location: Sydney
Not yet ;)
procrastination plus, he has wanted one for 5 years!
Everything looks better in carbon fibre



Offline ferrarista2


  • Joined: Mar 2010

  • Drives: Slowly
  • Location: Sydney
It's a fkn jungle out there!!!!!  :confused: The mere thought of Ferrari ownership has me buckling at the knee's with all the things  i've read about dodgey cars and dodgey dealers. Do u own a 360?
look around, keep looking, then get a personal inspection done on the one you think looks best.
see as many as you can, there are some real rough ones out there.
Everything looks better in carbon fibre



Offline Noodleman

  • I'm not affraid 2 die I'm affraid of going to Hell

  • Joined: Sep 2010

  • Drives: Mercedes Slk
  • Location: Melbourne
  • Name: Sean
<a href="http://www.youtube.com/watch?v=fOAcwxBMxHM" target="_blank">http://www.youtube.com/watch?v=fOAcwxBMxHM</a>



Offline Wattens

  • Free Mustache Rides
  • The only wrong decision is Regret

  • Joined: Jan 2010

  • Drives: Cars
  • Location: Earth
  • Name: Knob Head
The silver Damelian one has been around for at leats 10 months that i've noticed it.

Generally you are paying for the age/colour/condition/transmission/convertible in 360's

Without even having to look at what's on the market, I can assure you that red and tan or creme/convertible/low milage/F1 gearbox/2004-05 model would be the most expensive.

Atico (Ferrari dealer in Sydney) sold only a couple of months ago a red/tan 04 convertible, F1 with 1200km on the clock for $300k, they were asking $309k.

@ the last more park pickles auction, a shitbox 360 spider, silver/black, extremely high milage, scratches, dents, engine took a while to start, on the write off register, only got $90k ish. Auctions are not really the best to determine a price of a car as the same car could fluctuate in price by many 1000's in a matter of a few weeks in either direction. A near new 599 GTB is at pickles now and it ever keeps getting passed in at $350k..... does this mean that 599 GTB's are only worth $350k?


Also the red damelian car that went to auction that got $170kish would easily end up costing $200k after all the fees and taxes were paid for, and you couldn't get a pre purchase inspection, take it for a test drive or anything. You have to compare the final price at auctions, the sale price is just the raw price, GST, buyers fee's, transfer fees ect are all added ontop of the so called "Auction sale price".
So $170k ish for that car @ auction isn't really a bargain at all.
You can say I'm wrong, but my garage doesn't agree with that statement!!!



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