Ferrari 360 Market Watch (January 2016)

Happy new year!  2015 has certainly been an epic year for the 360 and, if this month’s update is anything to go by, 2016 is shaping up to be more of the same.  Over the last month, average 360 prices have increased by a hefty 2.97% – this leaves the price index at 158.91.  I make that a 60% increase in the last two years – not bad for a modern car produced in fairly high numbers.

AV360PI

Index Jan16

Activity continues to be concentrated at the lower price points.  It’s a pattern that has been repeated over and over – the cheaper cars get bought which pushes average prices up.  New cars then get priced at the new levels.  I wouldn’t want to be a “value” buyer in this market as many of the lower priced cars have stories – this reduces the amount of good cars available and if you’re not quick, the market will pass you by.

At the other end, we continue to see cars presented as investment opportunities.  The number of cars advertised as such has increased by one and they represent 11% of all adverts.  If people really do start investing in the 360 then I fear they will become unaffordable for people who are buying the car to use.

Ferrari 360 sold in the month prior to 01-Jan-16

Here’s the breakdown of the change in population:

MoM Change Summary Jan16

Here’s the main table:

Main Table Jan16

Here’s the price/mileage data:

Scatter Plot

TV Price Jan16

There’s been a slight change in the way manuals are priced over F1 cars, which has generally widened the premium.

F1 vs Manual

Two Factor Table Jan16

Here’s the big table showing which cars are in and out of the data set:

MoM Change Jan16

That’s it for this month – please do get in touch if you think I can assist with anything.

Related posts:

Other posts in this category: Buying and Selling

Pistonheads price threads:

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4 thoughts on “Ferrari 360 Market Watch (January 2016)

  1. What are your thoughts on the Ferrari 430 Spider prices / appreciation. There appears to be over 12000 430’s built, therefore some pricing pressure.
    The 6 speed stick market has appreciated.
    The normally aspirated engines may at some point do the same at some future date

    Your thoughts.

    Thanks,
    Jack

    jfarenga@hotmail.com

  2. Thanks as ever Aldous, great news , best wishes to you for the new year, kind regards Mike

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