The Ferrari 360 is one of my favorite Ferraris. They are relatively affordable (relative to other Ferraris that is) and they’ve got a sleek look that to me screams buy me. I especially like them in very light blue (I don’t know the official Ferrari color designation) because to me it looks like they are slipping through the air at full speed even if while sitting still. The Ferrari 360 is also the first of the (sort of) modern Ferraris that really got my heart pumping.
Like all used Ferraris however, there are some points you need to need to know about before jumping in head first. Here are a few you need to know about the 360… (These talking points are from Autocar and Drive-my.com.)
First you need to decide if you want a Spider or a Modena. The Spider is the convertible version and as such, there are more moving parts and the potential to leak of course. The Spider is also heavier so if that matters to you, look at the Modena instead. To me the biggest issue is that the Spider looks weird with the top up but the whole point of the Spider is that it is a convertible and the top should be down anyway.
Service history: You’ve simply got to buy a car that has been serviced regularly. Deferred maintenance can lead to very costly repairs so this is not to be taken lightly. If the seller doesn’t have at least some of the service history, make sure to mention this to whomever is doing the pre-purchase inspection for you. (You are having a mechanic look at it, aren’t you?). It might just be a matter of bringing the car up-to-date or it might even mean passing on it altogether.
Recall notices: Like just about any other car, the 360 was the subject of several recalls (scroll down to find the 360.) Your local dealer can run the VIN and see if they’ve been dealt with. These recalls really need to be attended to as many of them relate to safety.
Electronics: Ferrari electronics are touchy, so much so that great care must be used when replacing the battery and
Suspension and brakes:
Engine: Probably the #1 question to ask is when the timing belts were last changed. They need to be changed every three years or 30,000 miles. Since a timing belt failure inevitably leads to a catastrophic engine incident, it’s not something to put off or to take lightly. Incidentally, despite the fact that a broken timing belt will pretty much toast the engine, there is still great debate about how often they should be serviced. I don’t get it. By the way, as long as they are working on it, you should get the tensioner bearings swapped out as well. Talk to your mechanic about it, it is cheap insurance.
Also, and this goes with any component really, you should be wary of any unnatural sounding sounds, especially if they are coming from the engine. Could be nothing, could be $10,000, I wouldn’t take the chance, I’d mention it to the PPI mechanic and see what he said.
You need to know when the timing belts were last changed. It’s supposed to be done every two years or 30,000 miles