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Offline Joel


  • Joined: Oct 2009

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haha..
unless ur cruising in Gymea Bay then im sure i will hear it...

what u end up doing with the other 360?



Offline Wattens

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haha..
unless ur cruising in Gymea Bay then im sure i will hear it...

what u end up doing with the other 360?

The black one sold to some guy in cabarita bay. I haven't seen it since :(

The red 360 spider I'll keep for now.
You can say I'm wrong, but my garage doesn't agree with that statement!!!



Offline dodger

  • Tommy Gunna

  • Joined: Dec 2009

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The black one sold to some guy in cabarita bay. I haven't seen it since :(

The red 360 spider I'll keep for now.

Just out of interest do you take much of a loss trading like that, do you find it expensive, I know the thrill is worth is but does it cost a lot ?



Offline Wattens

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Just out of interest do you take much of a loss trading like that, do you find it expensive, I know the thrill is worth is but does it cost a lot ?

Loss? Nah didn't take any loss, but way too many imports around now stuffing the market for the Aussie ones and the demand isn't there as there are too many shit 360s making the rounds.
You can say I'm wrong, but my garage doesn't agree with that statement!!!



Offline Joel


  • Joined: Oct 2009

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where did u get the lambo from??

these urs or ur oldies?



Offline dodger

  • Tommy Gunna

  • Joined: Dec 2009

  • Location: Melbourne
Loss? Nah didn't take any loss, but way too many imports around now stuffing the market for the Aussie ones and the demand isn't there as there are too many shit 360s making the rounds.

Ok you must buy wholesale from somewhere but for the average guy it's hard enough finding the car you want let alone at a price that won't translate into a huge loss in seconds flat.



Offline dkabab

they were the best wheels till these were made for the 570 superleg.

epic rim.

toyota's missing....  :scratchchin:



Offline scud

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Offline Wattens

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Ok you must buy wholesale from somewhere but for the average guy it's hard enough finding the car you want let alone at a price that won't translate into a huge loss in seconds flat.


Some food for thought :)   (what I have learnt and figured out after owning 5 exotics now in 3 different models so do not crucify me if you do not agree with everything I say as this is just my reasoning and from following the market and certain cars)


360's range from 1999-2005 in make so they arn't new and have lost most of their value already... they won't drop much from now on, the 430's have battered the 360 sales a little as well as the imports and now as our prices come on par with the UK (meaning it very soon will not be worth importing unless the AUD somehow strengthens substantially with the GBP) and the 430's that have flooded the market in the last 2 months finally all sell, the 360 market will at least stabalise if not improve in value a little bit. Also if you have a desireable car (low milage, mint condition, packed with factory extras, a later model, complete and documented (verified) service history example), the genuine guys who know about exotics will pay for it. It is the guys who go from a holden commo or a 3 series BMW that scrape enough cash/finance to just afford the cheapest one on the market that fuel the sales of the shit/lemon/thrashed/unreliable/well worn/tired looking examples.... all the cars started out well from the factory, it is the people who can't afford to maintain them (or don't care) that wreck the car.

The only winner with the cheap as chips 360's are the guys who sell and install spare parts for these cars, the loosers are the first time exotics owners.

A word of advice for anyone wanting to buy a 360, open carsales, bring up the Ferrari 360 pages, sort them from cheapest - most expensive...... then ignore the whole first page and start looking from halfway down the 2nd page where it starts with the Yellow 360 spider from WA. There are so many I have seen and inspected that have the milage wound back that you wonder if there are any decent ones still around. If you have driven enough of them you can tell roughly if a car has done 10, 20, 30 000+ km's. Unless you roll up with another equally impressive car the dealer won't let you drive the cars so it is hard to know what you are looking for, especially if you have never sat in one before. Pay the $500 and get a PPI done.

simply speaking, if you buy a 360 that you can not fault in any way, it will hold it's value for a limited time as the demand for good conditioned cars is still there (demand for good aussie delivered cars is still there, especially in red), however if you buy a 360 that is in shit house condition, you will pick it up cheap (under $160k), and have to either have a car popping up with faults every week, spending weeks in repair shops waiting for parts to be ordered, not being able to enjoy the car, then when you do get it it doesn't feel as confident as it should (bushes and things ware out and makes the car feel terrible). Is there a point of owning a shit 360? you might as well buy a brand new SLK merc for the same price that will out perform a bad conditioned 360 and save the money of repairs for a round the world holliday for you and your family. At the end of the day you will have to seriously compromise the price of a bad conditioned 360 just to get rid of it where as a great conditioned example can still get sales numbers up to about $220k at dealers for a late model/low milage/perfect F1 Spider.

Ofcorse price alone doesn't determine if a car is shit or not, there are a zillion reasons why a car is the price it is, but generally speaking and from knowing most of the cars for sale on carsales in NSW and being told by the mechanics that specialise in the model (there are only a hand full of guys in Sydney that service them, so as you could imagine being mates with a Ferrari trained mechanic of 30 years is priceless, also the chances are that he knows the car personally that are for sale and can give you an honest opinion as he has worked on them). Knowing the car model in great detail can help you buy a car, drive it around and then sell it and not loose.

For buyers who are not in NSW, I advise you to keep an eye on what cars go for sale in NSW, a lot of the cars I follow in nsw go from one dealer to the next, then it goes off the market, then you find out it has sold interstate, NSW unfortunately is very cash strapped at the moment so a lot of the exotics tend to sell interstate (ask any exotics dealer in Sydney and they will say the same thing). Number plates lie, vin numbers don't :)


Think about your exotic purchase in great detail, research as much as you can and ask around, somebody out there knows the story and history of every exotic in Australia, it isn't very hard anymore with the internet and forums like this.


You can say I'm wrong, but my garage doesn't agree with that statement!!!



Offline lord melchett


  • Joined: Dec 2010

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hi wattens

ive just started a "gallardo or 360 a daily driver?" thread and found this post of yours rather insighful. I live in WA so buying over east is a bit daunting because I don't have the time to go and sit over in melbourne or Syd for a month while I ask around and get the required inspections done on a range of vehicles...

anyone know of this one? wattens this would be discarded as a result of your suggested search criteria;

http://www.carsales.com.au/all-cars/private/details.aspx?R=8632272&__Qpb=true&Cr=13&__Ns=pCar_PriceSort_Decimal|0||pCar_RankSort_Int32|1||pCar_Make_String|0||pCar_Model_String|0&keywords=&__N=1216%201246%201247%201252%201282%204294966380%204294966372&SearchAction=N&silo=1011&__No=0&seot=1&tsrc=allcarhome&__Nne=15&trecs=40&__sid=12C9469B6D8B





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