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Ferrari-the Ultimate classic (Ferrari Lovefest Topic)

729 messages,  Last post on Nov 01, 2008 at 8:45 AM

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What is this discussion about? Ferrari, Coupe


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#713 of 729
Ferarri 360/430 by zak1964
Jul 20, 2006 (8:11 am)
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I am a Porsche enthusiast who is looking to make the jump to Ferrari. I am looking for advice on the 360 Coupe - what to look for in buying a pre-owned 360, what I should expect to pay (2001 - 2003 model year), as well as how best to source a pre-owned 360 (delaer or private). I have been to my local Ferrari dealer on a few occassions and found them to be arrogant and generally unhelpful.
 
Also, any advice anyone can provide on the 430 Coupe would also be helpful, especially what I should expect to pay for a 2005/2006 version, and how best to locate one.
 
I am new to the Ferrari message board and appreciate any advice that you may have.
#714 of 729
Re: Ferarri 360/430 [zak1964] by spiritinthesky
Aug 20, 2006 (5:34 am)
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Replying to: zak1964 (Jul 20, 2006 8:11 am)

Earlier this year, I came very clsoe to purchasing a Ferrari 360 coupe from a friend who has since received his new 430.
 
Frankly, I'm glad I didn't. The 360 is a very nice car, without a doubt. However, the 430 is a enormous jump in performance for a nominal increase in price. But a bigger issue than performance is daily driveability - and that's an issue for me with both models, as my prior posts indicate. Part of the reason I could have gotten the 360 at a relatively good price was that the dealership insulted my friend with a low-ball trade offer because his 360 was considered a "high mileage" car. At a whopping 28,000 miles in nearly 4 years.
 
If you are seriously interested in a 430, I would suggest getting on a dealer list for a new one. Another business associate paid MSRP ($175k +/-) for a 430 Coupe, Yellow/Black 6-speed manual. He was originally told it would take 2 years, he had the car less than 1 year after placing a deposit. He could sell it for a $30,000 to $50,000 premium today (the dealer currently has a 430 F1 Spider with 800 miles for $60,000 over MSRP, but it is "used" so they can freely charge whatever the market will bear). You should be able to find a reputable dealer that will stick to MSRP pricing for a new car ordered to your specs. I'm not sure what current wait times are. I had been talking to Ferrari of Washington (DC) some time back. The 6-speed had a shorter wait than an F1 and a Coupe had a shorter wait than a Spider.
 
Me, I decided to go with Porsche and am expecting delivery of my 2007 911 Turbo (switched from 911 S) in October/November. I epect at this time next year it will be turning 10,000 miles on the odometer.
 
Good luck.
#715 of 729
Re: Get out the towel ...[billymay] [habitat1] [billymay] by chile96
Nov 05, 2006 (9:03 am)
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Replying to: billymay (Dec 21, 2005 11:20 pm)

"Anyone reading this who is wavering between a Porsche and a Ferrari needs to actually drive both. They exist in two different universes."
 
I completely agree and is THE reason why I have both
#716 of 729
Ferrari completes Pan Americana Rally by andys120
Nov 20, 2006 (4:19 pm)
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link
#717 of 729
Re: Ferarri 360/430 [zak1964] by Mr_Shiftright HOST
Jan 23, 2007 (9:56 am)
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Replying to: zak1964 (Jul 20, 2006 8:11 am)

Give a call to Michael Sheehan in LA. Website is www.ferraris-online.com. He's highly opinionated but he knows Ferraris inside and out, also races them, and he's no romantic about them---he's very sober and he'll give you advice that will allow you to make an informed decision IMO.
 
Prices for any used modern Ferrari are HEAVILY dependent on:
 
1. Mileage. Miles that are "nothing" to a Porsche's value can be crippling to a Ferrari's value. Anything over 30,000 miles and the depreciation curve gets very steep.
 
2. Service records. Not what the owner SAYS, but actual records of services done. No records = much lower value and much lower resale
 
3. Car's known history. Do NOT rely on CARFAX to tell you if the Ferrari you are thinking of buying wasn't wrapped around a pole. It's a good first start, but you should be able to trace the car's history from owner to owner and be able (hopefully) to interrogate the owner or the owner's representative about the car.
 
4. Inspection! Even something as seemingly minor as an oil leak can translate into a large repair bill. Remember, fan belts are $100 bucks a pop on these cars, and brakes and rotors all around, or a new clutch---that can sting. So a thorough inspection is money well well spent.
 
There is no used Ferrari shortage last time I looked. So take your time and talk to people who know these cars.
#718 of 729
"There is no used Ferrari shortage last time I looked." by andys120
Jan 23, 2007 (7:51 pm)
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I hope not but I was struck by the relative paucity of Italian Exotica at the Phoenix/Scottsdale auctions this week. Shelbys of all kinds abounded but I saw perhaps three or four Ferraris on the block.
#719 of 729
Re: "There is no used Ferrari shortage last time I looked." [andys120] by Mr_Shiftright HOST
Jan 24, 2007 (9:59 am)
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Replying to: andys120 (Jan 23, 2007 7:51 pm)

Wrong place to find Ferraris -- at Scottsdale. Besides, buying a modern Ferrari at auction is pretty reckless unless you actually know the car. There's lots of shady goings-on at these auctions..."the waters are filled with sharks".
#720 of 729
Enzo by Mr_Shiftright HOST
Jan 31, 2007 (9:16 am)
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I've just posted some photos and comments on the Ferrari Enzo that was part of a collection I appraised recently.
 
http://www.carspace.com/mr_shiftright
 
If you haven't joined carspace yet, please do and let me know when you're "on" and we can link up there and swap Ferrari photos.
#721 of 729
Re: Ferarri 360/430 [Mr_Shiftright] by billymay
Feb 10, 2007 (1:39 pm)
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Replying to: Mr_Shiftright (Jan 23, 2007 9:56 am)

Good advice, although 30,000 miles on a 360 is lot different than 30,000 miles on a Daytona.
 
Depending on which Ferrari you're looking for, Steve Barney at Sport Auto in NC might be a better bet than Sheehan. Sheehan is the man if you need a 250 SWB for Pebble Beach. Steve's the guy if you want a Ferrari to actually drive.
 
And belts and hoses aren't bad, in my experience. I just replaced a $9 coolant hose. However the labor to install a new timing belt can involve engine removal, holy water and a blessing from the pope.
 
But there's nothing like a Ferrari. I've all but forgotten about my ex-911, BMW and Benz.
#722 of 729
Re: Ferarri 360/430 [billymay] by Mr_Shiftright HOST
Feb 10, 2007 (4:51 pm)
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Replying to: billymay (Feb 10, 2007 1:39 pm)

Yep, that is a fact.....there is nothing like a Ferrari, which is why people put up with them...you can't duplicate the experience, period.
 
I have to say though, that the Enzo seemed a bit "tame" in terms of ease of driving and sound...I'm sure the car can go way faster than my capabilities, but still, it's such a gentleman compared to the older Ferraris.

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