Happy New Year! I hope 2015 is brings health and prosperity to all. If you’re a 360 owner then prosperity in your car portfolio is something that you have become accustomed to and this month’s update brings more of the same. Average asking prices have jumped another 1.07% over the last month, raising the price index to 120.50.
The number of cars on the market is pretty much the same as last month and the split around the £55k price point is also unchanged. I see 7 cars have dropped out of the data (sold) in December and 8 new entrants to the market. This is quite a decent turnover (1/3 of the market) and also excludes transactions that have been brokered without the cars being advertised on the open market (I have been involved in 2).
The rise in average prices seems to have been driven by the cheaper cars at higher mileages being sold – this seems to be a familiar trend.
Here’s the main data table:
Here’s the plot of asking price vs mileages:
And here are the theoretical asking prices for the different mileage points:
I have advised quite a few purchasers during 2014 and the overriding factor that pretty much all of them want is a manual gearbox (despite my efforts to convert them to love the F1!). I thought it would be useful to record the spread between manual and F1 gearboxes at the start of the year and see how it pans out. There is a small premium being asked for manual cars:
The premium diminishes as mileage increases (as one would expect):
Here’s the population change over the month (click to view bigger and zoom in):
Finally, this blog has quite a few international readers and I have had a request to show some of the numbers in USD. Here’s the main table converted at a rate of 1.5578.
As usual, please feel free to drop me a line if you want any data in particular.
- Ferrari 360 & F430 UK Production Numbers
- Ferrari 360 & F430 UK Export Numbers
- Ferrari 360 & F430 Buying Guide
- Ferrari 360 Buying Advice
- Ferrari 360: A Dealers Perspective
Other posts in this category: Buying and Selling
Pistonheads price threads:
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