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.
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.
Here’s the breakdown of the change in population:
Here’s the main table:
Here’s the price/mileage data:
There’s been a slight change in the way manuals are priced over F1 cars, which has generally widened the premium.
Here’s the big table showing which cars are in and out of the data set:
That’s it for this month – please do get in touch if you think I can assist with anything.
Related posts:
- 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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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
Hi Jack,
I track uk 430 prices and publish the data on Pistonheads. There is a link at the bottom on the article.
Thanks,
Aldous
Happy New Year,Aldous,fascinating analysis as usual.Keep it up.
Thanks as ever Aldous, great news , best wishes to you for the new year, kind regards Mike