Guys,
Different topic, anybody has experience with Ferrari 360 ?
Are they reliable ? There is a 2001 Red, Manuel, 35K miles at $65K very clean. Do they keep well their value ? Considering get one so just getting some info. Is it easy DIY car ?

 

the paddles are a lil tricky to drive at first but u will get used to it . Also if your bigger than 250 u will be kinda cramped but keep the windshield wipers on constantly to swat all the BOX away !!!!!!!!!!!!!

 

I think 35k miles is a bit high. I CA you can find one with alot less mileage for a little bit more.

 

A buddy of mine had one years back and claimed he was going to keep it forever. The engine mounting rubbers began sagging and needed replacing, the clutch needed replacing every 15k at c.5k a pop (his was an F1, the manual will last a little longer), the front suspensions ball joints were done soon after costing another 2k, the cambelt would never make it bast two years and servicing was a yearly affair. If you're handy- you mentioned DIY- then that will keep cost down as labor is where the Ferrari dealers really make their after sales $$. To top it off, by 2004 the likes of the RS6 and E55 left it well off the freeway pace.

Still a great engine note and handles nicely though the brakes aren't up to repeated hard use.

Some people love them, guess I'm just not a used Ferrari guy, the F-series tend to date more than other cars when the new model comes out, in my opinion.

As for my friend, he kept the F360 for four years and 40k and now drives an E63.

 

Trully a Amazing car but i have beaten 2 of them with my 63 and that is a lil disheartening if your a Ferrari buff . But hey it isnt all about speed ,

YEAH RIGHT!!!!!!!!!!!!!!

 

35k is high... there are some under 6000miles for 79g

 

WoW, in this case, this car is not reliable at all. Need to put a lot of $$$ in service and repaire... thats why wanted to know if easy DIY or have to bring to F dealer all the time.

 

The F1 tranny is a blast and if you are used to it, it is FAR more fun to drive and quicker at the track than the 6 speed.

As to the 360 in general (or the 355, or the 430), 35K miles is high and that much closer to a REALLY major service (read expensive) than you probably want to be. I have never found a Ferrari to be reliable in the sense that it was low maintenance or cheap to fix. Based on my personal ownership experience with Ferraris and other exotics, there will always be some nagging thing wrong somewhere no matter how on top of the service you are and it will not be cheap. Depending on how you drive it, the F1 will need a clutch every 7,500-12,500 and a major service at around the same time.

If you budget about $1 per mile for service over the life of the car, you will never be caught by surprise and it would not be unusual to need it all. A clutch and 15K service at a dealer will set you back $10K and doesn't include any issues like mounts, bushings, cracked exhausts, cracked headers, valve job, time tensioners, etc, etc, that will all become an issue at some point during the life of the car.

This is not meant to scare someone off, just understand that you might be buying it for $65K but it still requires $200K car service. There is no such thing as a CHEAP Ferrari! All this being said, I get enough enjoyment out of cars to make the ownership costs of exotics worth it just make sure you are prepared for it or you will be disappointed.

 

I read somewhere recently what it takes to maintain a ferrari (this was a 599 i believe)and it was minimum of $3-5k each time went in for service. Some service run $7k....

 

I am a speed freak myself, and of course the Ferrari 360 is not fast in comparison to most of our cars, especially with a few mods. However! I will buy a Ferrari 360 as soon as the wedding dust clears up a bit. Are you looking at the Modena or a Spyder? These vehicle do keep their value, but who cares? If you buy it drive it! Average maintenance will run you about $4000-$5000 per year.

Take a look at these on ebay. The one you are viewing is a bit expensive.

http://motors.shop.ebay.com/Cars-Tru..._qfkw=1&_rdc=1

When I do get a 360, more than likely it will be the 6speed Modena. Don't want the headache of the F1 transmission. Also, I'll get one with really high miles. My personal experience with high mileage cars is great. Someone has already done plenty of maintenance, and that's why it is still on the road! Now, it can also be the opposite.

http://cgi.ebay.com/ebaymotors/2002-...item439d8c3ad6

That one is located about 5 minutes from my office, I'll go test drive it for you!

 

Thanx for all the advises. I didnt expect the high requirement of maintanace. It will be basically wk-end car so 40 miles a week = 120/month so less than 2000 miles per year. I noticed that Ferrari. I am looking in the Modena istead of Spider with 6Seed Manuel.
My E55 and S320 are my daily drive... looking something special for wk-end and special ocations.

 

Ferrari's are crap quality cars. To have to replace a clutch every 15k miles is obsurd. i have a friend with a 612, 430 and 360, they're not all that.

 

 

wow

 

I'm gonna disagree on the fun of the f1. Doesn't come close to comparing to shifting the gated 6 speed.

Also, 360s are pretty reliable. Cam belts last much longer than 2 years, and they don't require an engine out to change.

They will be expensive to maintain and the intervals are pretty short, but you shouldn't experience many major mechanical malfunctions with a 6 speed manual 360 modena.

 

Ferrari's are sexy - it's an exotic car - very few cars can upstage it in terms of public perception or looks. You'll look like a MILLION BUCKS driving around in one - because literally that is what you would need to easily afford one.

Even ROUTINE MAINTENANCE is expensive compared to a normal car - used exotics such as Ferrari's and Lambo's for example have a sizeable difference in the for sale price between just major serviced and not yet serviced vehicles. Since the one you are looking at has 35k miles, I would ask about the 30k mile service.

Expense of ownership is one of the reasons eveyone and their mother doesn't own one.

You have to pay to play

Good luck with ownership.

 

go to a Ferrari forum.. luxury4play.com, 6speedonline.com, ferrarichat.com

From what I have read, the 360 is one of the most unreliable Ferrari's produced.

 

And your frame of reference is what exactly?

 

what?

You must be thinking of the 355.

The 360 has one major gotcha, and thats the cam variators. seems to be their variable cam timing controller or what have you.

The 355 has crappy valve guides, cracking exhaust headers, f1 gearboxes with pump/actuator issues, etc.

I've seen a few 360s used as daily cars with well over 60k miles on them. Seems the owners tend to enjoy them a lot.

 

firstly, compared to other 3 series models from ferrari. The 355 was a reliability disaster. The 360 seems to be on par with the 550 maranello, which is quite good FOR A FERRARI.

None of these cars can be compared to a Lexus Ls400.


As for the cam belts, gates themselves (the manufacturer of the belts) says 5 years/60k is perfectly fine. You think rubber is going to degrade in 2 short years? Ferrari has these short intervals for 1 reason: generation of income through service.

 

Agreed. My friend was concerned with maintaining FFSH so, at his 15k/yr clip every two years it was. Maybe not an issue on a used one, though flywheels, release bearings and oil leaks proved problematic during his ownership and are common problems that soon add up. He learned to just live with the leaks from the cam covers and crank oil seal but having an undertray awash with oil is worth thinking about as sign of expenses down the road.

 

[quote=Oliverk;3957767]firstly, compared to other 3 series models from ferrari. The 355 was a reliability disaster. The 360 seems to be on par with the 550 maranello, which is quite good FOR A FERRARI.

None of these cars can be compared to a Lexus Ls400.


You're right about none of these cars being able to be compared to a "Lexus" - BECAUSE NONE OF THESE CARS WILL EVER ACCELERATE UNCONTROLLABLY ON THEIR OWN!!

 

There is no argument that these cars have stupid amounts of failures that wouldn't be acceptable on cars that cost 1/10th what they do.

But I also tend to think owners lack of interest in driving them regularly causes more failures than mechanical or design problems.

 

If I was looking for a "older" Ferrari, I would ignore the 360. I don't know about you guys in the US but here in the UK, the 360 is a poor mans 430.

The 355 however, it is considered as a classic, many of our customers that have more than one Ferrari still have their 355 in the garage.

In my opinion one of the best looking Ferrari's ever made, add a sports exhaust and it is simply awesome!!

 

Thats the sad thing about some Ferrari's.. What looks like low miles on any other car is very high for a Ferrari. But.. when was the last time a hot chick in a Ferrari passenger seat asked about the miles?

I have to agree If I was buying a second hand Ferrari it would be a 355. Are you considering any other cars? If so, please share.