Ferrari 360 Market Watch (August 2014)

This month brings good news for owners but bad news for buyers.  Average asking prices for the 360 have risen a monumental 2.33% since last month.  The index now stands at 104.86, up nearly 5% since I started collecting data this time last year (who needs stocks and shares?!).

Index_Aug14

The number of cars for sale has dropped dramatically, from 63 in July to 46 this month.  It appears that the cheaper cars have been sold, leaving the more expensive examples on sale including the £80k car that appeared in July.

count_over55_Aug14

Here’s the data cut up in the usual way:

360_main_table_Aug14

And here’s the plot of price vs mileage – note the £60k Spider with 40k on the clock hasn’t been sold (unsurprisingly).

360_price_vs_miles_Aug14

Here’s the table of theoretical average asking price vs mileages:

360_theoretical_price_Aug14

Activity in the 360 market has seemed to pick up from my perspective but I am surprised at just how many of the cheaper cars have gone and how much this has pushed up average prices.  I suppose it is no surprise given the rises elsewhere in the brand.  The 360 was (and remains) a very reliable and easy to use car – when prospective purchasers are looking at the stratospheric prices of the older models the 360 must look like a great value way of getting into a Ferrari.  However, let’s see what the winter brings before talking prices us any more!

That’s it for now, I’d just like to remind readers about my database.  If you’re looking to buy a car please get in touch lets share what info we have.

Related posts:

Other posts in this category: Buying and Selling

Pistonheads price threads:

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2 thoughts on “Ferrari 360 Market Watch (August 2014)

  1. Thank you for all the information you have given to us Ferrari owners.  I thoroughly enjoy reading your advice  and comments.  I have been looking for an article by you on changing or flushing the brake fluid from my 360 Spider.  Can you direct me to where this article is?   Thom from Connecticut USA

    1. Hi Thom,

      Thank you for the kind words. I’ve not written a specific article on bleeding the brakes but talk about in these posts:

      https://aldousvoice.com/2012/08/31/ferrari-360-f430-stainless-braided-brake-hoses/
      https://aldousvoice.com/2014/04/25/ferrari-f430-annual-service/
      https://aldousvoice.com/2012/11/27/ferrari-360-annual-service/

      I prefer to pressure bleed as there is a risk of damaging the servo if you bleed using the pedal. Also, the more fluid you flush through the better – brake fluid is cheap so wash as much of the old stuff out as possible.

      Regards,
      Aldous.

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