f360... money pit?

[jason61c]

I've been looking at older Porsches, as something to have a sunny Sunday blast across Dartmoor in while I very very slowly get my 240z rebuilt.

However, this has caused a drift to the 360's.

specifically this one

https://www.autotrader.co.uk/car-details/202105062...

I've been digging into running costs(circa £5k over 3 years?), however, how much are they depreciating also? circa £4k per year? I'm just trying to work out actual costs over 3 years based on doing 3-4000 miles a year.

Can you set them up to work on bumpy a+B roads?

[jason61c]

alephnull said:

What needs spending really depends on how much deferred maintenance the car needs. Given how they do seem to get through a lot of ball joints, and most people don't replace the clutch the week before they sell the car, I'd expect many 360s would need £3-5k in the first year, and maybe down to £1.5k-2.5k thereafter as a few bits will always need replacing. I wouldn't call that a 'money pit' versus many other cars (Italian v12s...).

I bought mine 4 years ago and I am flat, as they dipped a bit two years ago but have appreciated back since. I would assume minimal depreciation.

As for bumpy roads, I'd suggest a Lotus Elise is better as they are lighter, smaller and more softly sprung. Maybe also some Caterhams, though the last CSR I drove was hard as a rock and rather track focused. You don't get a huge amount of customisation setting up a 360 given they have early active dampers - unless you took out thousands of pounds of active dampers to replace them with aftermarket coilovers, which kind of seems like a false economy to me.

I'm not after an Elise again, I've had a few caterhams, its not what I want. My 240z is being built for bumpy a+B roads, I'm after more of an 'event'.

Those running costs reflect what I've read. The clutch is something to consider.

[blueg33]

I am an year into owning a 360

I managed to agree a 12 month warranty with the dealer and the car is there as I type mainly having niggles sorted, although they are doing 1 big job. Before I bought it they did ball joints, brakes, cam belts, plugs, alarm siren

Niggles are

Passenger window adjustment
Occasional slow down light - new cat ECU’s being fitted
Misfire probably related to cat ECU

And the big one. Gearbox out to replace synchros. This was an issue from day one and we agreed to sort it if other fixes like oil changes didn’t work.

Cost to me in 12 months is. Service £600, new leather headliner £250.

Overall as long as nothing major happens I reckon £1500pa on maintenance plus clutch every 20,000 miles or so (4 years for me. On the manual you will get longer)

I have set aside an £8k pot as self insurance

[sfella]

Sorry but I couldn't live with those seats/harnasses, classy looking Ferrari with max power looking seats. No doubt very expensive seats and probably desirable to some but not for me.

If I took the Mrs out to a country House hotel and she needed to wrap a harnass round her dress we'd be going in hers instead!

[jason61c]

blueg33 said:

I am an year into owning a 360

I managed to agree a 12 month warranty with the dealer and the car is there as I type mainly having niggles sorted, although they are doing 1 big job. Before I bought it they did ball joints, brakes, cam belts, plugs, alarm siren

Niggles are

Passenger window adjustment
Occasional slow down light - new cat ECU’s being fitted
Misfire probably related to cat ECU

And the big one. Gearbox out to replace synchros. This was an issue from day one and we agreed to sort it if other fixes like oil changes didn’t work.

Cost to me in 12 months is. Service £600, new leather headliner £250.

Overall as long as nothing major happens I reckon £1500pa on maintenance plus clutch every 20,000 miles or so (4 years for me. On the manual you will get longer)

I have set aside an £8k pot as self insurance

Thanks. can I ask what the car cost you? I'm trying to get a handle on what a manual car would cost.

[4leks]

I have my 360 for more than 12 years now. Unlikely I would ever sell it as can’t get anything better for this sort of money, so not watching the prices but In my opinion they were relatively flat. Hardly driven my in past 2 years due to covid and family situation but used to do long Euro trips before and it never missed a bit. Apart from ball joints I don’t think I had any special issues over the years and I try to keep my cars in immaculate condition with no expense spared. My is F1 and I replaced the clutch next year after I bought it as well as upgraded FCU to CS one - deffo the best mod for the standard 360F1 you can do, not sure you can easily source one nowadays though, was commonly available 10+ years ago. Still on the same clutch for 30k or so miles since. I wouldn’t call it money pit. I did many 2k miles trips in it including many A and B roads and it was always a pleasure. For me this car combines modern and new - it is modern enough but still give some old school feel and experience that many of modern supercars lacks. Would I buy another one? Yes, deffo. Maybe I should have bough CS instead at the time (could get one for well under £100k) but then I would have worried about putting miles on it. I clearly don’t care about the mileage on my 360 and can fully enjoy it.

[jason61c]

sfella said:

Sorry but I couldn't live with those seats/harnasses, classy looking Ferrari with max power looking seats. No doubt very expensive seats and probably desirable to some but not for me.

If I took the Mrs out to a country House hotel and she needed to wrap a harnass round her dress we'd be going in hers instead!

this has 'normal' belts

https://www.autotrader.co.uk/car-details/202109097...

[Spleen]

If you're hoiking 70k on a Ferrari, you may as well look at 430s, better drive by all accounts (subjective opinions aside). As for those harnesses, no chance, they'd be an absolute pain in the arse.

[jason61c]

Spleen said:

If you're hoiking 70k on a Ferrari, you may as well look at 430s, better drive by all accounts (subjective opinions aside). As for those harnesses, no chance, they'd be an absolute pain in the arse.

cheapest manual 430? 110k?

[Spleen]

Ah, you want a manual? Different ballgame altogether then.

[jason61c]

Spleen said:

Ah, you want a manual? Different ballgame altogether then.

Ideally.

although a f1 430 is about the same cost it seems

[blueg33]

jason61c said:

blueg33 said:

I am an year into owning a 360

I managed to agree a 12 month warranty with the dealer and the car is there as I type mainly having niggles sorted, although they are doing 1 big job. Before I bought it they did ball joints, brakes, cam belts, plugs, alarm siren

Niggles are

Passenger window adjustment
Occasional slow down light - new cat ECU’s being fitted
Misfire probably related to cat ECU

And the big one. Gearbox out to replace synchros. This was an issue from day one and we agreed to sort it if other fixes like oil changes didn’t work.

Cost to me in 12 months is. Service £600, new leather headliner £250.

Overall as long as nothing major happens I reckon £1500pa on maintenance plus clutch every 20,000 miles or so (4 years for me. On the manual you will get longer)

I have set aside an £8k pot as self insurance

Thanks. can I ask what the car cost you? I'm trying to get a handle on what a manual car would cost.

Mine is an F1. Cost under £60k

[Spleen]

jason61c said:

Ideally.

although a f1 430 is about the same cost it seems

Prices are all over the place for an F430 F1, I've seen them as low as 70k and as high as 110k although the latter is properly chancing his luck given the year and mileage.

[jason61c]

as a side, my local Ferrari dealer has a manual 360 spider for £65k. I'd guess that'll come with a years warranty or two. 30k miles on it.

https://preowned.ferrari.com/en/gb/search/2003/fer...

[Bo_apex]

jason61c said:

as a side, my local Ferrari dealer has a manual 360 spider for £65k. I'd guess that'll come with a years warranty or two. 30k miles on it.

https://preowned.ferrari.com/en/gb/search/2003/fer...

a whopping 1,700 miles per year ?

Outrageous

[jason61c]

It’s more or less….

Manual 360 or f1 boxed 430!?

[Spleen]

jason61c said:

It’s more or less….

Manual 360 or f1 boxed 430!?

Are you able to drive both?

[GhostWKD]

jason61c said:

I'm not after an Elise again, I've had a few caterhams, its not what I want. My 240z is being built for bumpy a+B roads, I'm after more of an 'event'.

I've had my manual 360 spider for about 5-6 months now. Moved into it from my Noble. The Noble was quicker, handled better but the 360 was just more of an experience and I'm loving it, so much more theatrical and enjoyable to drive.

I bought mine privately; had a pre-purchase inspection done by a main dealer who flagged some issues. Went to a specialist after buying it and was told those issues were non existent and I'd bought a good one which made me pretty happy.

Have replaced tyres, brakes and exhaust but that's more me being preventative & improving things to my liking, otherwise it has been good as gold. Due a major service in December which I think was just under £2k incl the cambelts and a couple of other niggles the specialist flagged up.

Edit: Should mention have had a few conversations with the dealer of the original car posted when I was car searching, very friendly chap there.

Edited by GhostWKD on Thursday 16th September 14:48

[renmure]

I've had my 360 Spider for over ten years now. Embarrassingly it's still just under 19k miles but has been absolutely perfect in that time. It exudes a confidence of being solid and well built that I didn't really feel with the F355 that came before it or of any of the numerous Lotus's that I've ran along side it over that period. Other spaces in the garage beside the Ferrari have been taken with a couple of Porsches, Westfields, Caterhams, Rally Evo's, Type R's and other assorted fun cars but it's the F360 that has always had a "reserved" space. A great balance of cost/value/special feeling/useability/rarity all in the one car. More modern cars might be faster but it's still a car capable of going over 180mph so clearly still has a bit of oomph.

I imagine the Manual / Flappy paddle thing has an age related aspect. I only ever wanted a manual Ferrari so that made things easier. I prefer the look and sound of the F360 over the F430 by a long way... especially the sound so that made it easier again. I can see that other folk would want the opposite. No wrong choice really.

[Mark_Blanchard]

My 360 is no money pit. Costs this year £675 for a service and £280 car tax. They're really great cars.