How much is a 2004 Ferrari 360 Modena?
The value of a 2004 Ferrari 360 Modena can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $95,300 for a 2004 Ferrari 360 Modena in good condition with average spec. With a base price of $138,225, the 360 Modena is Ferrari’s entry-level model. Even if you can afford one, you might have to wait one to two years to buy a new one because most dealers have waiting lists.Prices for a used Ferrari 360 currently range from $79,990 to $109,995, with vehicle mileage ranging from 8,961 to 45,560. Find used Ferrari 360 inventory at a TrueCar Certified Dealership near you by entering your zip code and seeing the best matches in your area.The value of a 2005 Ferrari 360 Modena can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $100,000 for a 2005 Ferrari 360 Modena in good condition with average spec.
Are Ferrari 360 rare?
There is around 16. Ferrari 360s made: including Modena, Spider, CS and GT. Its much more than for example Ferrari 599s which are around 4200 made in total and much more then 400 Enzos in total. But compared to 7. Golfs Mark VII made, Ferrari 360 is extremely rare. With genuine day-to-day driveability, contemporary performance levels and a relatively inexpensive entry price, there is much to like about the 360. Mileages can be a bit higher than in earlier Ferraris, a testament to the increased reliability.From 2002 to 2004, Ferrari produced and sold 20 360 GTs to customers through their Corse Clienti department. The 3. V8 engine was tuned to generate a power output of 436 PS (321 kW; 430 hp) which was a significant improvement over the 360 Challenge cars.The Ferrari F2004 was a product of meticulous design and engineering. Developed for the 2004 Formula 1 season, it featured an aerodynamic package that was ahead of its time. The car’s V10 engine was not only powerful but also reliable, allowing Schumacher and Barrichello to be fast and finish races first.Ferrari 250 GTO With only 36 units ever made, its scarcity adds to its allure. The 250 GTO was designed to race but won the hearts of everyone, securing a mythical status among enthusiasts.Ferrari’s rich history of racing success and innovation makes its cars not only valuable for their performance but also for their connection to automotive history. Classic Ferraris, like the F40 and Enzo, have a legendary status that ensures their place as top investments.
What Ferrari sold for 18 million?
The Ferrari Formula One car that Michael Schumacher used to win the 2001 Monaco and Hungarian grands prix — and clinch that year’s world title — has sold for $18. F1 car driven by the legendary German driver ever sold at auction. The current record for world’s most expensive Ferrari was set in June 2018 when a 1963 250 GTO (chassis 4153GT) was sold to David MacNeil in a private sale for $70 million.The Ferrari 250 GTO is the most wanted Ferrari ever made. Only 39 cars were built between 1962 and 1964. This race car had a 3. V12 engine that made 300 horsepower. The body was designed by Scaglietti and looks beautiful even today.The Ferrari 360 is often labelled as the first modern V8 Ferrari, with an entirely new exterior design and multiple technological improvements over the incredibly popular F355. Like other Ferraris, ‘360’ denotes the engines 3. Modena pays tribute to the birth place of Enzo Ferrari, Modena.Whether you’re looking for an iconic pre-owned Ferrari 360 Modena, 458 Italia, 488 GTB, 488 Spider, or California, we invite you to explore our selection of used Ferrari cars near me. Don’t see the exact model you’re searching for?
Does Ferrari hold value?
As compared to other exotic car brands, Ferraris tend to hold their value well. Studies have shown that many Ferrari models depreciate at a slower rate than other exotic cars of the same caliber. While some depreciation is expected in the first decade, most models stop depreciating after about 10 years. Ferraris are unique in the automotive industry for their ability to hold their value over time and, in some cases, appreciate in value. However, it is not always a good investment. Many Ferrari owners tell tales of making large amounts of money from buying a Ferrari but these cases are few and far between.It can be just as difficult, perhaps even harder, to sell a Ferrari than purchase one. Automotive manufacturers produce several hundreds of thousands to millions of vehicles throughout their existence. Boutique manufacturers such as Lamborghini and Ferrari, however, may make only a few thousand models maximum.However, some people are allegedly banned from buying a Ferrari even if they have the funds. One of the most common reasons is that they modify the cars without the manufacturer’s consent. Justin purchased a Ferrari 458 Italia F1 edition. He upset the manufacturer when he got it modified without the brand’s permission.It is impossible to enter a dealership with an enormous amount of money and walk away with a new Ferrari. This is because Ferrari chooses buyers carefully regardless of whether you possess the cash, especially for limited-edition models. While most dealers run credit checks, Ferrari takes buyer screening further.
What is the cheapest Ferrari?
The cheapest current Ferrari is the Roma, and although it might come with a starting price well north of $200K, used models from its debut 2021 model year have fallen under the $190,000 mark. What do you get with the Roma? As compared to other exotic car brands, Ferraris tend to hold their value well. Studies have shown that many Ferrari models depreciate at a slower rate than other exotic cars of the same caliber. While some depreciation is expected in the first decade, most models stop depreciating after about 10 years.Weaknesses. High Cost and Exclusivity: Ferrari’s cars are extremely high-priced, catering to a very niche market of affluent individuals. This exclusivity limits the brand’s customer base and volume sales.Purchasing a Ferrari isn’t as simple as one might think. It is impossible to enter a dealership with an enormous amount of money and walk away with a new Ferrari. This is because Ferrari chooses buyers carefully regardless of whether you possess the cash, especially for limited-edition models.Generally speaking, Ferraris tend to be good investments in the luxury car market. In addition to depreciating at slow rates, Ferraris have held strong market demand since their introduction in the mid-1900s.Classic Ferraris in decent condition will generally keep their value – their resale values are currently very strong, and the market is booming. Industry experts rate Ferrari models from the 1980’s and 1990’s to be among the best investments to be made in terms of pure growth of assets.
Why are Ferrari 360 so cheap?
Mass-produced Ferrari 8,800 Ferrari 360 Modena (coupe) were sold, with a further 7,565 Spider (convertible) models manufactured. So for buyers, there is always plenty of choices. Simple economic demand and supply are driving the price, and luckily for buyers prices are relatively low. There were 8,800 Modenas, 7,565 Spiders and 1,288 Challenge Stradale produced worldwide. There were 4,199 built for the US market—1,810 Modenas (coupes) and 2,389 Spiders (convertibles).There were 8,800 Modenas and 7,565 Spiders produced worldwide. There were 4,199 built for the US market—1,810 Modenas (coupes) and 2,389 Spiders (convertibles).