Buying a 360 / F430
Discussion
Hello.
Never thought I’d be in this position but looks like I’ll be able to afford my first old Ferrari next year.
I know these are older cars now, especially the 360, but I’m just investigating ownership costs at an independent.
I’ve owned an AM Vantage (weekend) and Maserati QP (daily) in the past and was expecting running costs somewhere in the middle at around £3k pa (average).
I want a manual, as it’ll be a fun / road trip car only. Mileage isn’t really an issue as it’ll be used, so no garage queens.
Belts are the big one but from what I can see this is £1500-2000 Inc VAT each time.
I’m based around Chester so any recommendations specialists / dealers?
Thanks!
Never thought I’d be in this position but looks like I’ll be able to afford my first old Ferrari next year.
I know these are older cars now, especially the 360, but I’m just investigating ownership costs at an independent.
I’ve owned an AM Vantage (weekend) and Maserati QP (daily) in the past and was expecting running costs somewhere in the middle at around £3k pa (average).
I want a manual, as it’ll be a fun / road trip car only. Mileage isn’t really an issue as it’ll be used, so no garage queens.
Belts are the big one but from what I can see this is £1500-2000 Inc VAT each time.
I’m based around Chester so any recommendations specialists / dealers?
Thanks!
You might get away with 3k pa, however going through the folder of invoices on mine the other day, I think the average will be more.
One of the invoices from memory went to 14k… from a specialist. That was clutch, belts and some other bits.
I too was both alarmed and surprised
I refreshed some of the suspension on mine, and you could easily do 3k plus on component’s before you’ve even factored labour.
One of the invoices from memory went to 14k… from a specialist. That was clutch, belts and some other bits.
I too was both alarmed and surprised
I refreshed some of the suspension on mine, and you could easily do 3k plus on component’s before you’ve even factored labour.
Edited by m4tti on Tuesday 18th October 20:32
Han Solo said:
Hello.
Never thought I’d be in this position but looks like I’ll be able to afford my first old Ferrari next year.
I know these are older cars now, especially the 360, but I’m just investigating ownership costs at an independent.
I’ve owned an AM Vantage (weekend) and Maserati QP (daily) in the past and was expecting running costs somewhere in the middle at around £3k pa (average).
I want a manual, as it’ll be a fun / road trip car only. Mileage isn’t really an issue as it’ll be used, so no garage queens.
Belts are the big one but from what I can see this is £1500-2000 Inc VAT each time.
I’m based around Chester so any recommendations specialists / dealers?
Thanks!
Adam at AE performance! Absolute Gentleman and as skilled as they come.Never thought I’d be in this position but looks like I’ll be able to afford my first old Ferrari next year.
I know these are older cars now, especially the 360, but I’m just investigating ownership costs at an independent.
I’ve owned an AM Vantage (weekend) and Maserati QP (daily) in the past and was expecting running costs somewhere in the middle at around £3k pa (average).
I want a manual, as it’ll be a fun / road trip car only. Mileage isn’t really an issue as it’ll be used, so no garage queens.
Belts are the big one but from what I can see this is £1500-2000 Inc VAT each time.
I’m based around Chester so any recommendations specialists / dealers?
Thanks!
Always a little surprised to hear about others big servicing bills sometimes but maybe been lucky 
Last year on my Manual 360 Spider;
Discs/Pads done by myself
Michelin PS4's fitted all around as I don't trust 6-8 year old tyres
Major service inc Belts, couple of smaller bits that were sorted that Keys identified at the same time c. £2.2k
This year;
In for its minor service next month before going up for sale but quote is c. £800 odd from memory incl sorting the MOT etc.
Only other bits I've done have been exhaust/seats which were a by choice thing & I had my wheel retrimmed in fresh alcantara which cost £120 odd iirc
Honestly have not got a bad word to say about the servicing costs on the 360 infact quite the opposite - imagine the difference between a good car and a bad one can be quite significant though. The above was taking a car from approx 23.5k miles to 29.5k miles
Last year on my Manual 360 Spider;
Discs/Pads done by myself
Michelin PS4's fitted all around as I don't trust 6-8 year old tyres
Major service inc Belts, couple of smaller bits that were sorted that Keys identified at the same time c. £2.2k
This year;
In for its minor service next month before going up for sale but quote is c. £800 odd from memory incl sorting the MOT etc.
Only other bits I've done have been exhaust/seats which were a by choice thing & I had my wheel retrimmed in fresh alcantara which cost £120 odd iirc
Honestly have not got a bad word to say about the servicing costs on the 360 infact quite the opposite - imagine the difference between a good car and a bad one can be quite significant though. The above was taking a car from approx 23.5k miles to 29.5k miles
Edited by GhostWKD on Monday 31st October 17:31
[quote=Han Solo]Hello.
Never thought I’d be in this position but looks like I’ll be able to afford my first old Ferrari next year.
I know these are older cars now, especially the 360, but I’m just investigating ownership costs at an independent.
I’ve owned an AM Vantage (weekend) and Maserati QP (daily) in the past and was expecting running costs somewhere in the middle at around £3k pa (average).
I want a manual, as it’ll be a fun / road trip car only. Mileage isn’t really an issue as it’ll be used, so no garage queens.
Belts are the big one but from what I can see this is £1500-2000 Inc VAT each time.
I’m based around Chester so any recommendations specialists / dealers?
You need someone like QV but nearer to you as they are in Windsor,
Had my 430 seviced at Maranello's only because it was under the terms of the warranty
it had to be seviced by a official Ferrari dealer ,
while there they noticed the rear ball joint cover had split and gave me a quote of £650
and not being part of warranty i was told yes i can take it to who i like for repairs unlike the servicing.
QV gave me a quote of £165 and only wanted the car for a couple of hours which sounds more like a real world figure .
By the time i'd had some lunch the car was ready,was presented with a invoice for £125 including vat and the part.
Asked how much the next service would cost as the car would be out of warranty by then and was quoted around £650 compared
to my last two services a £900 and £1800 at Maranello's,asking why the second service was double the first they said that
two addtional fluids had to be changed
I'd only covered around 600 miles between services so didn't really need one
but i needed the official Ferrari stamp . Not sure how far Shiltech is from you or Italia Autosport but heard good things about both.
So if you can find a local specialist as good as QV it will not brake the bank to run either a 360 or 430.
Never thought I’d be in this position but looks like I’ll be able to afford my first old Ferrari next year.
I know these are older cars now, especially the 360, but I’m just investigating ownership costs at an independent.
I’ve owned an AM Vantage (weekend) and Maserati QP (daily) in the past and was expecting running costs somewhere in the middle at around £3k pa (average).
I want a manual, as it’ll be a fun / road trip car only. Mileage isn’t really an issue as it’ll be used, so no garage queens.
Belts are the big one but from what I can see this is £1500-2000 Inc VAT each time.
I’m based around Chester so any recommendations specialists / dealers?
You need someone like QV but nearer to you as they are in Windsor,
Had my 430 seviced at Maranello's only because it was under the terms of the warranty
it had to be seviced by a official Ferrari dealer ,
while there they noticed the rear ball joint cover had split and gave me a quote of £650
and not being part of warranty i was told yes i can take it to who i like for repairs unlike the servicing.
QV gave me a quote of £165 and only wanted the car for a couple of hours which sounds more like a real world figure .
By the time i'd had some lunch the car was ready,was presented with a invoice for £125 including vat and the part.
Asked how much the next service would cost as the car would be out of warranty by then and was quoted around £650 compared
to my last two services a £900 and £1800 at Maranello's,asking why the second service was double the first they said that
two addtional fluids had to be changed
I'd only covered around 600 miles between services so didn't really need onebut i needed the official Ferrari stamp . Not sure how far Shiltech is from you or Italia Autosport but heard good things about both.
So if you can find a local specialist as good as QV it will not brake the bank to run either a 360 or 430.
Edited by rat rod on Monday 31st October 17:42
I have a 2006 manual 430 with a low mileage which I am sorry to say spends too much time in my garage. It still needs an annual service and the lack of annual mileage doesn’t reduce the bill as, for instance, the brake fluid needs changing regularly due to moisture ingress. At the last service all the bushes needed replacing which is purely related to age and I ended up with a bill in excess of £6k (I was given the old bushes as proof). These are expensive cars to run regardless of mileage.
Spleen said:
Ouch !! whether specialist or main dealer they are not cheap to run,Really my point was if running them on your own back taking them to a decent specialist
that you have built up a relationship with helps with this cost, If my car was run by
a company and the repairs were put down as expences the £650 quoted for the ball joint covers
would have been done by Maranello's especially as the car was already there.
On buying the car and servicing they asked for payment way before i collected the car as they wanted
to get the money in before the end of the month to reach their targets for their
bonas's, another case of being run by accountants unlike Ferrari specialist's who are
mostly enthusiasts.
Edited by rat rod on Wednesday 2nd November 10:35
It’s been for sale for a while and has dropped a fair bit, so you might be able to do a deal.
The consistent advice, I was given by numerous dealers was colour has a big impact at sale time. Most buyers have a Ferrari dream, and that’s typically a car which is a colour combination of one of the rossa reds with a crema interior.. cars that aren’t that combo typically take a long time to sell, no matter how many people say “ohh I’m not into red” …
I also wouldn’t discount an F1 car. I went from a manual R8 v10 to the 360, which now has a challenge stradale tcu and it is awesome. Wouldn’t want the manual now.
The consistent advice, I was given by numerous dealers was colour has a big impact at sale time. Most buyers have a Ferrari dream, and that’s typically a car which is a colour combination of one of the rossa reds with a crema interior.. cars that aren’t that combo typically take a long time to sell, no matter how many people say “ohh I’m not into red” …
I also wouldn’t discount an F1 car. I went from a manual R8 v10 to the 360, which now has a challenge stradale tcu and it is awesome. Wouldn’t want the manual now.
pmanson said:
I'm happy with a non red one!
Looking at some of the reviews online they aren't the most positive so I may keep looking
Went out of my way not to have red, nothing wrong with it ,it's just i've done that been there,Looking at some of the reviews online they aren't the most positive so I may keep looking
mind you it's the only colour for a F40. Amazing how many people say ,"makes a chance from red. "
Edited by rat rod on Thursday 3rd November 23:00
ks too. rat rod said:
Went out of my way not to have red, nothing wrong with it ,it's just i've done that been there,
mind you it's the only colour for a F40. Amazing how many people say ,"makes a chance from red. "
This is the current front runner (the reviews for the other garage were not that positive) https://www.pistonheads.com/buy/listing/13367629mind you it's the only colour for a F40. Amazing how many people say ,"makes a chance from red. "
Edited by rat rod on Thursday 3rd November 23:00
The flamboc s suspension bushes in the 308/328 world are essentially DIY er able .
These cars are 30-40 + yrs old and as such a whole plethora of u tube vids , Indy parts often better have sprung up to support .Eg you can polybush the A arms and be rid of perishing rubber .
A 23 yrs the 360 should be the same ? The 430 has the same suspension bushes etc .
A full set of OEM s or after market polys are about a grand for everything A arms , shockers ARB s etc .
The problem with these cars going Fwds maintenance wise isn’t the cam belts or weepy oil seals around the pulleys + cam gears it’s the electrotwackery , the diagnostic and ability to “ set “ stuff .That’s why they haven’t really been fully taken up by the enthusiast DIY er s .
Wise headed will stay or indeed return ( after a foray into 360/430/458 ) to the analogue 3#8 series .Esp if time poor ie have kids etc .Whilst it’s nice to have that warm glow in your belly thinking of it in the especially built heated garage …..eventually when the honey moon ends and it will you stsrt to small the coffee and move it on .It’s just as mentioned the bills pile up even when stood still .
U.K. market has a strange obsession with the milage to the extent virtually every mile added to the odometer = £ 100 in depreciation of the newer modals .So using it leave a pit in your stomach.
Older ones are far easier on the pocket , very DIY er able and appreciate in value .
Better than £ in a bank or spread you investment risk .Milage is less OCD as like any classic it’s condition that’s more important. So you can use them as much as you like without fear thr loosing value inherent in newer modals we are discussing.
Newer 360/430/458 are just money pits and depreciation hungry.There’s also a lot always for sale .
No shortage of guys wanting to have a go , hence the large ownership numbers they seem to have .
These cars are 30-40 + yrs old and as such a whole plethora of u tube vids , Indy parts often better have sprung up to support .Eg you can polybush the A arms and be rid of perishing rubber .
A 23 yrs the 360 should be the same ? The 430 has the same suspension bushes etc .
A full set of OEM s or after market polys are about a grand for everything A arms , shockers ARB s etc .
The problem with these cars going Fwds maintenance wise isn’t the cam belts or weepy oil seals around the pulleys + cam gears it’s the electrotwackery , the diagnostic and ability to “ set “ stuff .That’s why they haven’t really been fully taken up by the enthusiast DIY er s .
Wise headed will stay or indeed return ( after a foray into 360/430/458 ) to the analogue 3#8 series .Esp if time poor ie have kids etc .Whilst it’s nice to have that warm glow in your belly thinking of it in the especially built heated garage …..eventually when the honey moon ends and it will you stsrt to small the coffee and move it on .It’s just as mentioned the bills pile up even when stood still .
U.K. market has a strange obsession with the milage to the extent virtually every mile added to the odometer = £ 100 in depreciation of the newer modals .So using it leave a pit in your stomach.
Older ones are far easier on the pocket , very DIY er able and appreciate in value .
Better than £ in a bank or spread you investment risk .Milage is less OCD as like any classic it’s condition that’s more important. So you can use them as much as you like without fear thr loosing value inherent in newer modals we are discussing.
Newer 360/430/458 are just money pits and depreciation hungry.There’s also a lot always for sale .
No shortage of guys wanting to have a go , hence the large ownership numbers they seem to have .
Edited by Fiammetta on Friday 4th November 15:51
Posted this on another thread, hope it helps
Had a F430 from 2012 to 2019
Cost below excluding Insurance and fuel
All main dealer servicing (all including VAT)
2013 (18750 mile service bigger than normal) £1350 inc new exhaust bracket
2014 Annual service and fault on gearbox, new potentiometers kit fitted £1807
2015 Annual service £834
2016 Annual service £829
2017 Annual service £829
2018 Annual service £829
2019 Annual service £862
Suspension bits and bobs All Superformance (Hills Engineering) parts fitted by me so no labour
2014 2xdrop links 2 anti roll bar bushes £160
2014 Ball joint glue £68
2014 2x front uprated upper front ball joints 2x upper ball joint boots 2x front shock absorber bushes lower £356
2015 2x uprated lower front ball joints 4x lower ball joint boots £382
2015 2x track rod ends £383
2016 4x lower ball joint boots (rear ball joint rubbers split) £92
2019 2x rear tie rod assembly complete £707
2014 2x rear Michelin tyres £460
7 MOTS at £45 each =£315
7 years of Navtrack (Vodafone) £304 x 7 £2128
Total just over 7 years ownership exculding insurance is £12392 divide by 7 ........about £1800 per year !! Hope that helps
Just to add my insurance averaged around £950 per year so the £1800 is now £2750 per year
Hope this helps
Had a F430 from 2012 to 2019
Cost below excluding Insurance and fuel
All main dealer servicing (all including VAT)
2013 (18750 mile service bigger than normal) £1350 inc new exhaust bracket
2014 Annual service and fault on gearbox, new potentiometers kit fitted £1807
2015 Annual service £834
2016 Annual service £829
2017 Annual service £829
2018 Annual service £829
2019 Annual service £862
Suspension bits and bobs All Superformance (Hills Engineering) parts fitted by me so no labour
2014 2xdrop links 2 anti roll bar bushes £160
2014 Ball joint glue £68
2014 2x front uprated upper front ball joints 2x upper ball joint boots 2x front shock absorber bushes lower £356
2015 2x uprated lower front ball joints 4x lower ball joint boots £382
2015 2x track rod ends £383
2016 4x lower ball joint boots (rear ball joint rubbers split) £92
2019 2x rear tie rod assembly complete £707
2014 2x rear Michelin tyres £460
7 MOTS at £45 each =£315
7 years of Navtrack (Vodafone) £304 x 7 £2128
Total just over 7 years ownership exculding insurance is £12392 divide by 7 ........about £1800 per year !! Hope that helps
Just to add my insurance averaged around £950 per year so the £1800 is now £2750 per year
Hope this helps
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