Cat d 360 Spider

Cat d 360 Spider

Author
Discussion

barriejames

Original Poster:

898 posts

186 months

Wednesday 2nd March 2016
quotequote all
http://www.ebay.co.uk/itm/2004-FERRARI-360-F1-Spid...

Just wondered what the thinking is on buying a cat d 360 or is it throwing money away?

GG33

1,221 posts

208 months

Thursday 3rd March 2016
quotequote all
No matter what condition it's in, its only worth about 2/3rds of its normal retail value. Okay of you want to keep it forever, but when you come to sell it, you need to factor in that you will struggle to find a buyer and that it will be at a very reduced price. My experience (I have had a few CAT D & C vehicles in the past) is that you usually only sell to someone who has previously owned CAT vehicles, or if it's sold overseas then it's not an issue.
My advice is steer clear if it's your first time. particularly with a Ferrari.

GG

Juber

569 posts

145 months

Thursday 3rd March 2016
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I wouldn't bother mate, especially for that price. If it was £30k then yes. Speak to Tim at Walker Sports for an expert opinion on buying a CAT registered Ferrari. He will explain why its not the best idea.

If I were you, I would use that money and import a low mileage, looked after car from Europe.

andymc

7,428 posts

214 months

Thursday 3rd March 2016
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the three magic tree air fresheners are the main worry

barriejames

Original Poster:

898 posts

186 months

Thursday 3rd March 2016
quotequote all
Sound advice that's what I love about PH it brings you back down when you start looking at cheaper deals!!!

Durzel

12,460 posts

175 months

Friday 4th March 2016
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andymc said:
the three magic tree air fresheners are the main worry
hehe

I'm more surprised that there are 3 bids and it's at £55,000 redface

Can't imagine it would be an easy proposition to sell, you'd either be bid in the knees (rather than the usual balls) by dealers - franchised I doubt would touch it? - or you'd be facing selling it to someone asking the same questions and getting the same replies you're getting now.

rubystone

11,254 posts

266 months

Friday 4th March 2016
quotequote all
Durzel said:
hehe:

I'm more surprised that there are 3 bids and it's at £55,000 redface

Can't imagine it would be an easy proposition to sell, you'd either be bid in the knees (rather than the usual balls) by dealers - franchised I doubt would touch it? - or you'd be facing selling it to someone asking the same questions and getting the same replies you're getting now.
I don't think it sold....so I wonder who was bidding then....hmmm...

daytona355

825 posts

206 months

Friday 4th March 2016
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It may well be a very nice car, and if you are to keep it forever, I don't see much of a problem owning it, but the value will always be affected by its history to sell it on, and so the market will be restrictive.

barriejames

Original Poster:

898 posts

186 months

Friday 4th March 2016
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The car does not look mint. It was wrapped in grey at one point not sure how well that cam off, the wheels are wrong, the wrap is under the headlights and the side windows are tinted dark!! I guess that's a fair bit of money just to put that right again. Pretty sure this was bought last year for 40k in the wrapped state does anyone recall it being for sale? I cant find the ad. The owner to his credit has just don't over 8k at a Ferrari dealer having bits sorted, but I that trying to make a silk purse out of a pigs ear?

barriejames

Original Poster:

898 posts

186 months

Friday 4th March 2016
quotequote all
One guy who bid up to reserve with no intention of proceeding and more like no funds at all to proceed


rubystone said:
I don't think it sold....so I wonder who was bidding then....hmmm...