Future 360 Spider Owner

Mufasa · 08-15-2011, 11:26 AM

Ferrari Aficionados,
I'm in the market for a 360 Spider, 2001-present. My budget is between 70-80K. There is one I've come across that is gorgeous, but the miles!! It's a daily-driven vehicle with 52,213 miles and is in excellent condition. It's a 2004. Records for the vehicle are present.

Question:
Simply, is this just too many miles depsite accurate service records?

Thanks.

Granucci · 08-15-2011, 11:34 AM

I like higher mileage cars IF they have been serviced properly. Somehow, just without even knowing the car in question that with a proper inspection it might be a good one to truly consider.

but, that the internet for you....it's just a feeling but ....

rik

BTW: Welcome. keep asking. more will have much on the particulars of the 360 more directly than my regurgitation from reading endless materials.

wetpet · 08-15-2011, 11:51 AM

generally speaking, that would be considered very high miles. It should be reflected in the sales price and will almost certainly be reflected in the resale price. Something to consider. It really depends on what you plan for the car. If you are going to drive it and not sell it anytime soon, or you don't care about depreciation, it might be a good idea if you can get it cheap. Personally, i would get one of the other 98% that have less than 20k on them.

Mufasa · 08-15-2011, 02:04 PM

Granucci,wetpet- Thanks for the replies. I've seen other vehicles for sale that have around 15K-30K miles which gives me more peace of mind. I plan on driving this car. I mean really driving it (Fri-Sun). And I don't plan on a resale.

Question: Does anyone have a web link to a mileage service (ie. 15K miles service, 30k miles service, and beyond 30k miles.)?

Thanks, again.

wetpet · 08-15-2011, 02:19 PM

check here for the 360 buyers guide on this site.

Ferrari Buyer's Guides - Ferrari Life

Killer58 · 08-15-2011, 02:56 PM

Mufasa,

If this is the Gotham vehicle in NJ, I say run and run fast. That car was a rental, hence the high milage and why they call it a daily driver. Even with the records, you can almost garantee the car has been driven VERY hard. That they had to do an "engine out" service for a major service (the 360 shouldn't need that) makes me even more supicious.

That car does have all the desired bells and whistles. So if it passes a very thourough PPI and had a new clutch as part of the engine out, it may be worth the asking price. Else, it's overpriced and you're far better off looking for one as Wetpet describes. With so many on the market right now and prices still dropping, there's very little reason to buy that car unless it was a steal.

Night Life · 08-15-2011, 09:36 PM

Quote:

Originally Posted by Granucci

I like higher mileage cars IF they have been serviced properly. Somehow, just without even knowing the car in question that with a proper inspection it might be a good one to truly consider.

+1 on driven cars by original or second private owner with proper service. Always be careful of the rental models out there.

Mufasa · 08-16-2011, 12:02 AM

Thanks everyone. It is a rental and I think the location is in NJ. I think peace of mind will go a long way so I will be better of with lower miles ranging from 15K-30K miles. You guys have been very helpful and I look forward to future correspondence.

M

Barry · 08-16-2011, 12:16 AM

Welcome to Ferrari Life Mufasa. Keep us updated on the search. Hope the right 360 turns up for you.

Mufasa · 08-16-2011, 06:38 AM

Thanks, Barry.

M

tazandjan · 08-16-2011, 09:31 AM

Mufasa- If you go to this web site, you can download a 360 owners manual that has the maintenence schedule and you can also download a workshop manual and a gig of other 360 data that will keep you busy for quite a while.

All Ferraris

Most of us can tell you off the top of our heads what is required, but better to read it yourself.

Taz
Terry Phillips

Mufasa · 08-16-2011, 09:35 AM

Thanks Taz- good looking out. Everyone on the forum has been great. I was hesitant to join because I'm not an owner....yet. The education is greatly appreciated.

M

tazandjan · 08-16-2011, 02:49 PM

Mufasa- We all started out as non-owners, so you have the right idea of learning all you can before you pick up a Ferrari. When I bought my first one in 1975, there were very few ways to learn except to jump straight in. The internet is a great learning tool.

Are you going to A&M?

Taz
Terry Phillips

08-15-2011, 11:26 AM	#1
Mufasa Join Date: Aug 2011 Location: Harker Heights, TX Ferrari Life Posts: 5 Name: Mufasa	Future 360 Spider Owner Ferrari Aficionados, I'm in the market for a 360 Spider, 2001-present. My budget is between 70-80K. There is one I've come across that is gorgeous, but the miles!! It's a daily-driven vehicle with 52,213 miles and is in excellent condition. It's a 2004. Records for the vehicle are present. Question: Simply, is this just too many miles depsite accurate service records? Thanks.

08-15-2011, 11:34 AM	#2
Granucci Owner Elite Member Join Date: Jan 2007 Location: far and away Ferrari Life Posts: 5,047	I like higher mileage cars IF they have been serviced properly. Somehow, just without even knowing the car in question that with a proper inspection it might be a good one to truly consider. but, that the internet for you....it's just a feeling but .... rik BTW: Welcome. keep asking. more will have much on the particulars of the 360 more directly than my regurgitation from reading endless materials. Guide to the Galaxy: Don't Panic Rik -- LAH ! Current: 1990 Mondial T Cabriolet : Red/Tan 1995 456 GT 2+2 : Roso Metalizzato [Fer 311/C] & Tan

08-15-2011, 11:51 AM	#3
wetpet Owner Elite Member Join Date: Jan 2006 Location: Chevy Chase, Md Ferrari Life Posts: 6,600 Name: Ed	generally speaking, that would be considered very high miles. It should be reflected in the sales price and will almost certainly be reflected in the resale price. Something to consider. It really depends on what you plan for the car. If you are going to drive it and not sell it anytime soon, or you don't care about depreciation, it might be a good idea if you can get it cheap. Personally, i would get one of the other 98% that have less than 20k on them. Everything you know is wrong Stop chatting and start living the ferrarilife!

08-15-2011, 02:19 PM	#5
wetpet Owner Elite Member Join Date: Jan 2006 Location: Chevy Chase, Md Ferrari Life Posts: 6,600 Name: Ed	check here for the 360 buyers guide on this site. Ferrari Buyer's Guides - Ferrari Life Everything you know is wrong Stop chatting and start living the ferrarilife!

08-16-2011, 12:16 AM	#9
Barry Owner Elite Member Join Date: Jun 2009 Location: Europe Ferrari Life Posts: 3,256	Welcome to Ferrari Life Mufasa. Keep us updated on the search. Hope the right 360 turns up for you. Barry Ferrari's: 360 Modena F1, 308 GT4 Other Italians: Ducati 916, Ducati 848 DD's: RR Sport, BMW 645ci, BMW 1200GS Adv.

08-15-2011, 02:04 PM	#4
Mufasa Join Date: Aug 2011 Location: Harker Heights, TX Ferrari Life Posts: 5 Name: Mufasa	Granucci,wetpet- Thanks for the replies. I've seen other vehicles for sale that have around 15K-30K miles which gives me more peace of mind. I plan on driving this car. I mean really driving it (Fri-Sun). And I don't plan on a resale. Question: Does anyone have a web link to a mileage service (ie. 15K miles service, 30k miles service, and beyond 30k miles.)? Thanks, again.

08-15-2011, 02:56 PM	#6
Killer58 Owner Elite Member Join Date: May 2010 Ferrari Life Posts: 1,419 Name: David	Mufasa, If this is the Gotham vehicle in NJ, I say run and run fast. That car was a rental, hence the high milage and why they call it a daily driver. Even with the records, you can almost garantee the car has been driven VERY hard. That they had to do an "engine out" service for a major service (the 360 shouldn't need that) makes me even more supicious. That car does have all the desired bells and whistles. So if it passes a very thourough PPI and had a new clutch as part of the engine out, it may be worth the asking price. Else, it's overpriced and you're far better off looking for one as Wetpet describes. With so many on the market right now and prices still dropping, there's very little reason to buy that car unless it was a steal.

08-16-2011, 12:02 AM	#8
Mufasa Join Date: Aug 2011 Location: Harker Heights, TX Ferrari Life Posts: 5 Name: Mufasa	Thanks everyone. It is a rental and I think the location is in NJ. I think peace of mind will go a long way so I will be better of with lower miles ranging from 15K-30K miles. You guys have been very helpful and I look forward to future correspondence. M

08-16-2011, 06:38 AM	#10
Mufasa Join Date: Aug 2011 Location: Harker Heights, TX Ferrari Life Posts: 5 Name: Mufasa	Thanks, Barry. M

08-16-2011, 09:31 AM	#11
tazandjan Owner Elite Member Join Date: Aug 2011 Location: Albuquerque, NM Ferrari Life Posts: 3,599 Name: Terry H Phillips	Mufasa- If you go to this web site, you can download a 360 owners manual that has the maintenence schedule and you can also download a workshop manual and a gig of other 360 data that will keep you busy for quite a while. All Ferraris Most of us can tell you off the top of our heads what is required, but better to read it yourself. Taz Terry Phillips

08-16-2011, 09:35 AM	#12
Mufasa Join Date: Aug 2011 Location: Harker Heights, TX Ferrari Life Posts: 5 Name: Mufasa	Thanks Taz- good looking out. Everyone on the forum has been great. I was hesitant to join because I'm not an owner....yet. The education is greatly appreciated. M

08-16-2011, 02:49 PM	#13
tazandjan Owner Elite Member Join Date: Aug 2011 Location: Albuquerque, NM Ferrari Life Posts: 3,599 Name: Terry H Phillips	Mufasa- We all started out as non-owners, so you have the right idea of learning all you can before you pick up a Ferrari. When I bought my first one in 1975, there were very few ways to learn except to jump straight in. The internet is a great learning tool. Are you going to A&M? Taz Terry Phillips Last edited by tazandjan; 08-16-2011 at 02:56 PM.

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