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Ferrari 360 Modena: Buying guide (1999-2004)

Ferrari 360 Modena: Buying guide (1999-2004) Classic and Performance Car
Ferrari 360 buying guide Ferrari 360 buying guide Ferrari 360 buying guide Ferrari 360 buying guide Ferrari 360 buying guide
The Ferrari F355 may have been beautiful and a big improvement over what came before (the 348), but it was its successor the 360 Modena that provided the big leap forward for Ferrari’s entry-level model. The 360M represented Ferrari’s jump into the modern age, with its aluminium spaceframe construction that was 40 per cent lighter than the F355’s steel platform, but which was also almost 30 per cent stiffer – despite being larger. 
 
Also on the menu were improved build quality, honed aerodynamics and better packaging – although there’s still not much in the way of carrying capacity. Chuck in a computer-controlled suspension system that offered dynamics way beyond anything ever to come out of Maranello, and it’s easy to see why the 360M marked a turning point for Ferrari. 
 
Its styling was also a huge departure from the mid-engined Ferrari of old. Gone were the pop-up headlights, and in came a pair of much more modern eyes – which along with two distinctive air intakes gave the 360 a much more curvaceous face. The rear-end styling was just as radical, losing the letterbox-sized window and buttresses, instead turning the rear glass hatch into a styling feature that showed off the glorious red-crackle finish engine.  
 
It wasn’t just buyers of new 360Ms who benefitted from Ferrari’s work though, as reduced servicing costs and improved reliability were also part of the ownership package. Now these cars are getting on, the improved build quality is still apparent, which is why values are already starting to rise. 
 

Which one to buy? 

 
Without a doubt the 360M that everyone wants is the Challenge Stradale (360CS), but you don’t have to buy one of these to appreciate the 360M’s many talents. Even the standard car has a 3.6-litre 400bhp V8 that’ll propel the car from 0-62mph in just 4.5 seconds before topping out at 183mph.
 
Around two-thirds of 360M buyers opted for the F1 gearbox which works brilliantly on the move and is especially suited to track use. It’s reliable too, but for many there’s no substitute for the open gate and a manual shift. All 360 Challenges came with the F1 gearbox however. As the prices of Challenge Stradales has always been significantly higher than the standard 360, more than a few have been upgraded with parts from the special model, such as fitting the larger BBS wheels, or the particularly popular black mesh rear panel.
 
Ultimately it comes down to personal preference – and the same goes for which bodystyle you prefer. The Spider offers sensations that the coupé can’t match, but you’re either a drop-top kinda person or you’ll prefer something closed to the elements. 
 
Most 360Ms are red, silver or black, but sometimes a blue or yellow car crops up. If you can find a car with the optional fitted luggage set you’ll be able to utilise the 360M’s nose-mounted boot that much better, but this package is just a bonus as the colour, condition, price, transmission and bodystyle are all more important to your buying decision than whether a set of cases is included in the asking price. 
 

Performance and specs 

 
Engine 3586cc, V8
Power 400bhp @ 8500rpm
Torque 275lb ft @ 4750rpm
Top speed 183mph
0-60mph 4.5sec
Fuel consumption 16mpg
Gearbox Six-speed manual
 

Dimensions and weight

 
Wheelbase 2600mm
Length 4477mm
Width 1922mm
Height 1214mm
Kerb weight 1390kg
 

Common problems 

 
• Rust isn’t an issue thanks to the all-aluminium bodywork, but corrosion can be. Bubbling in the paint is the giveaway; if the car has been kept outside a lot, in the damp, the corrosion could need a significant amount of expenditure to sort. As alloy is more difficult to paint, a less than perfect recent repaint should be avoided, as any corrosion issues are likely to crop up again soon.
 
• All of the shut lines should be tight and even. Anything less than this suggests poor crash repairs, so be very wary. If the nose has been resprayed though, there’s not necessarily any need to panic. Stone chips are par for the course while bumpers are grounded easily, which is why fresh paint and panels are sometimes required. 
 
• If buying a convertible, make sure the roof mechanism works smoothly and that the roof itself isn’t damaged. Predictably, replacement parts are costly and so is setting everything up. Most problems are sensor-related, but some early cars featured a folding mechanism which could be problematic – most have been replaced by now. 
 
• The 360M’s V8 is strong but it doesn’t like to be left idle for too long. If it’s not run regularly, the oil drains from the valve gear so listen for rattles when starting from cold. Oil leaks from the cam covers and crank oil seal, but the undertray catches any stray lubricant so don’t expect to see any puddles or drips on the floor. 
 
• The engine needs fresh cam belts every four years, but as the engine doesn’t have to come out for this, the costs of replacement aren’t excessive. 
 
• Gearboxes are tough (the same unit is used for manual and F1 cars), but the linkage can wear on manual cars – or it might just need to be lubricated. It’s also worth trying a fast change from third to second to see if the synchromesh is on its way out – not that this is a weak spot as such. 
 
• If not hammered, the clutch of a manual-gearbox 360 can last 30,000 miles while F1 clutches normally need to be replaced after 20,000 miles. But if used in town a lot, an F1 clutch might have had it after less than 10,000 miles, so see how the car has been used. 
 
• The suspension needs to be kept in top condition, but it’s common for the ball joints up front to wear relatively quickly. If you’re looking at a 360M with its original joints, the chances are that at least a couple (there’s one top and bottom on each side) will need replacing. 
 
• Brake upgrades aren’t needed but pads can wear within just 10,000 miles or so if the car is driven with gusto. Squeal at low speeds isn’t unusual, but check for juddering which betrays warped discs, suggesting the car has been really thrashed. 
 

Model history

 
1999: The 360M replaces the F355. There’s a coupé only, with a six-speed manual gearbox. 
2000: There’s now a Spider edition, and an F1-inspired paddle-shift semi-automatic transmission joins the options list. 
2003: The Challenge Stradale (360CS) arrives. Created for track use (but still road legal), the 360CS features titanium road springs, ceramic brakes, fabric-covered carbon seats and to save weight the CD player is deleted. The weight is cut by 110kg while the engine is boosted to 425bhp so the 0-62mph sprint now takes just four seconds, while the top speed rises to 186mph. 
 

Owners clubs, forums and websites 

 
• www.ferrariownersclub.co.uk
• www.fcars.co.uk
• www.ferrariownersclub.org
• www.clubscuderia.co.uk
 

Summary and prices 

 
The 360 really does mark the beginning of the modern era for Ferrari, with the all-aluminum construction and fantastic engine making it a great classic. Early cars, in rough condition can be picked up for around £40,000, although these generally come with their fare share of problems. Budget around £60,000-£70,000 for one of the best. Challenge Stradale are valued considerably higher though, with prices ranging from £120,000-£200,000 for the very best. 
 
Words: Richard Dredge
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Last updated: 30th Aug 2016
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Ferrari 360 cars for sale

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Ferrari 360
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  • 2002 Ferrari 360 Modena Manual

    POA POA

    Ferrari 360 Additional Information We have a classic 2002 Ferrari 360 Modena with the desirable Manual gearbox. The interior is beautifully finished in Black Leather with Red stitching and red carpets. The seats also have the Ferrari crest embossed on them. The 18 inch alloy wheels are complemented by Black calipers. This well specified 360 also has the Ferrari Wing Shields.

    • Year: 2017
    • Mileage: 30143 mi
    For sale
    Autofficina
    020 8391 0002 VIEW CONTACT NUMBER
  • 2004 Ferrari 360 Spider

    POA POA

    Ferrari 360 Additional Information Stunning 2004 Manual Ferrari 360 Spider presented in Nero and a beautiful deep red interior. 35,100 miles. This car is fitted with a Challenge Rear Grille, a full standard Exhaust, Red Brake Calipers, Factory Fitted Scuderia Wing Shields and Embossed Head Rests. Full service history. New Pirelli P-Zero tyres have just been fitted making this car exceptional value.

    • Year: 2017
    • Mileage: 35100 mi
    For sale
  • 2003 Ferrari 360 Challenge Stradale

    POA POA

    Ferrari 360 Additional Information RHD, 2003, 29,996 miles, Scudery Red, Challenge Stradale. Factory options include; Stradale stripe, roll bar, Alcantara fire extinguisher and electric mirrors. Interior is red and backstitching, switching between leather and Alcantara, steering wheel is black and red with centre line. Rear bolster in Black Alcantara. Full race harness. Door cards and central tunnel and seat backs, are finished off in Carbon, all looking as new. Challenge Stradale also includes Launch Control and ASR with controls housed in the central tunnel a long with the Starter button. Full Dealer history. This car is in beautiful condition. Original Yellow centre caps available. This is a very rare RHD Stradale being sold at just the right time for investment.

    • Year: 2017
    • Mileage: 29996 mi
    For sale
  • 2002 Ferrari 360 Spider F1

    POA POA

    Ferrari 360 Additional Information Stunning Ferrari 360 Spider F1 in Nero Daytona with cream and black leather interior, 34,000 miles, complete with 430 Wheels, Challenge Rear Grille and Capristo Exhaust. Factory toolkit, tyre inflator, car cover and all books present

    • Year: 2017
    • Mileage: 34000 mi
    For sale
  • Ferrari 360 Challenge Stradale

    POA POA

    Vehicle Description Engine Capacity: 3586cc Transmission: F1 Mileage: 8 550 Body Style: Coupe 0 to 60: 4.10secs Top Speed: 186Mph BHP: 420 In stock now is this stunning left hand drive Ferrari 360 Challenge Stradale. First registered in August 2003 by Mori Schoberl, the Ferrari dealer for Ingolstadt in Germany it remained with its first owner in his extensive private collection there through till coming to the UK in October 2014. We took it in part exchange against a Porsche 918 Spyder from its sole UK owner meaning it has had just two owners from new. It has covered just 13760 kilometers from new, the equivalent of 8550 miles from new. With black leather seats with harnesses the car features Scuderia wing shields, the optional tricolour stripe and a clear engine cover. The clutch has been measured and has 90% left. A fantastic example of the modern classic 360 Stradale, one of just 852 made worldwide.

    • Year: 2003
    • Mileage: 8550 mi
    For sale
  • Ferrari 360 Spider - Manual

    £82,950 £82,950

    The Ferrari 360 replaced the hugely successful F355. The ageing F355 was Ferrari’s best selling car of all time and showed that Luca di Montezemolo was bring the company back towards profitability and success after Enzo’s death. Production started in 1999 with the first cars being the Modena, taking its name from the birthplace of Enzo Ferrari. Built as a two-seater, mid engined, rear wheel drive Coupe or Spider. Ferrari partnered with Alcoa to produce an entirely new all aluminum space-frame chassis that was 40% stiffer than the F355. The design was also 28% lighter despite a 10% increase in overall dimensions, which offered a significantly improved power to weight ratio over the outgoing F355. Along with the lightweight frame the all-new Pininfarina body styling deviated from traditions of the previous decade's sharp angles and flip-up headlights. A new 3.6 litre V8 engine developing 400 bhp coupled with either a six speed manual or the optional F1 automated manual transmission, propelled the car from 0-60 mph in just 4.3 seconds and onto a top speed of 189 mph. Complementing it prodigious performance the 360 incorporates state of the art technology including; Computer controlled

    For sale
  • Ferrari 360 Modena

    £79,995 £79,995

    Make: Ferrari Model: 360 Modena First Delivered: 02/07/1999 Mileage: 7,720 KM Previous Owners: 2 Engine: 3.6 Ltr Transmission: F1 Paint Colour: Argento Nurburgring Trim Colour: Nero Hide Carpet Colour: Nero Doors: 2 Seats: 2 MOT: December 2017 TAX: TBA HPI: Clear Warranty: 3 Months

    • Year: 2000
    • Mileage: 7720 mi
    For sale
  • FERRARI 360 3.6 V8 MODENA 6 SPEED MANUAL. GREAT SPEC. FULL FERRARI SERVICE HISTORY. 2001

    £73,995 £73,995

    ;It is with great pleasure that we offer this beautiful 2001 Ferrari 360 Modena 3.6 V8 Manual Coupe finished in Rosso Corsa with Nero Daytona Seating, contrasting Bordeaux Stitching and Bordeaux Carpets. The vehicle has covered just 42,000 miles and benefits from a Fully Comprehensive Ferrari Main Agent and Specialist Service History showing no less that 15 Stamps in the Service Book and supported with a large folder full of receipts.;;The car has just had a major service at Rardley Motors Ferrari Specialist and also benefits from having had a clutch replacement 689 miles ago and new Cam-belts fitted 429 Miles ago. ;;This 360 Coupe has a lovely specification consisting of:;;Factory Daytona Seating in Leather;Capristo Exhaust;Challenge Rear Grill;Challenge Wheels;Scuderia Wing Shields;Brake Calipers in Red;Electric Seats;Air Conditioning;CD Changer;Electric Heated Door Mirrors;Electric Windows and Power Steering.;;This is a fantastic-appreciating Ferrari in stunning condition and a great future investment.;;

    • Mileage: 42000 mi
    • Engine size: 3.586
    For sale
  • 1999 Ferrari 360 Modena

    $95,000(£77,643.50) $95,000(£77,643.50)

    Chassis # ZFFYR51A1X0118132 Engine # N/A Desirable 6-Speed Manual Clean Carfax With 23,875 Miles From New Fresh From 30K Service By GTO Engineering Optional Yellow Calipers, Shields, & Challenge Grill Details The genesis of the mid engine road going Ferrari, the 206/246 Dino, remains the benchmark of a turning point for a company so well known for their GT cars. Little did Ferrari know that the future of the company’s financial success was placed just behind the driver. The firm’s financial standing began to climb as Ferrari experiences sales in the 10’s of thousands of units thanks to the 308/328 variants. It was this success that solidified Ferrari’s investment in their mid-engine production models and truly set it apart from the competition; all while still offering a line of GT cars. The technology in the cars gained at a relatively normal pace through the 348, then 355 with the F1 gearbox. It wasn’t until a total redesign in 1999 with the 360 that the company would see its biggest gains yet in both technological advancements, and sales. The 360 offered an all-new aluminum chassis by Alcoa, a faster F1 gearbox, more options, and a completely new F131 Type V8. The list goes on a

    • Year: 1999
    For sale
  • Ferrari 360 Coupe F1

    £79,995 £79,995

    Make: Ferrari Model: F360 Coupe First Registered: 15/04/2003 (03) Mileage: 18,050 Previous Owners: 5 Engine: 3.6 ltr Transmission: F1 Paint Colour: Rosso Corsa Red Trim Colour: Crema Leather Carpet Colour: Burgundy Doors: 2 Seats: 2 MOT: TBA TAX: TBA HPI: Clear Warranty: 3 Month Cover Included - Upgrades Available

    • Year: 2003
    • Mileage: 18050 mi
    For sale
  • Ferrari 360 Coupe Manual

    £68,995 £68,995

    Make: Ferrari Model: 360 Coupe First Registered: 17/03/2000 (W) Mileage: 34,173 Previous Owners: 5 Engine: 3.6 Ltr Transmission: Manual Paint Colour: Giallo Fly Yellow Trim Colour: Blue/Yellow Carpet Colour: Blue Doors: 2 Seats: 2 MOT: TBA TAX: TBA HPI: Clear Warranty: 3 Month Cover Included - Upgrades Available

    • Year: 2000
    • Mileage: 34173 mi
    For sale
  • Ferrari 360 Challenge Stradale

    POA POA

    Features : V8, 420 hp, maintenance since the start Ferrari Pozzi. Stereo Audio System Ferrari, Harness + drive belt. Yellow stitching and yellow calipers. Comment : Original Ferrari Modena MOTOR S.p.A., French since 2005, two owners, the 2nd since 2005.

    • Year: 2009
    • Mileage: 18459 mi
    For sale
  • Ferrari 360 Modena

    £59,995 £59,995

    Make: Ferrari Model: 360 Modena First Registered: 07/07/2000 Mileage: 33,253 Previous Owners: 4 Engine: 3.6 Ltr Transmission: F1 Doors: 2 Seats: 2 Trim Colour: Crema Leather Carpet Colour: Verde Paint Colour: Verde Zeltweg MOT: TBA TAX: TBA Warranty: 3 Month Cover Included - Upgrades Available

    • Year: 2000
    • Mileage: 33253 mi
    For sale
  • FERRARI 360 Spider

    £149,950 £149,950

    Red Brake Calipers Rear Challenge Style Grille in Black Red Seat Piping Ferrari Scuderia Shields UK Supplied 1 Owner Just Been Serviced Great Investment Adjustable Steering Column Air Conditioning Power Steering Delivery Available

    • Year: 2004
    • Mileage: 1200 mi
    For sale
  • Ferrari 360 Challenge Stradale

    POA POA

    This Challenge Stradale's condition is stellar, we believe the paintwork to all be original (paint depths are consistent with this) and there is hardly a stone chip visible, the interior is spectacular, and the engine bay does not show the usual signs of wear and use which these cars do – without doubt this is one of the finest examples we have seen to date. This car is also accompanied by all of its original equipment, including all books and wallet, Tools and tyre inflator, Ferrari unused Cover, Ferrari Torch, and even the Challenge Stradale T-Shirt and CS Launch book! An unrepeatable example of one of the most highly coveted modern era Ferraris.

    For sale
  • 2003 Ferrari 360 GT

    €500(£445.80) €500(£445.80)

    Chassis 2028 was built by Michelotto for the ACEMCO Racing team for the 2003 American Le Mans Series (ALMS) season. Finished in silver with yellow stripes, the car raced successfully with the drivers Davis / Lewis and Borcheller. In 2005 the car was offered for sale in Australia for well over $500.000. In the capable hands of its new owners, the car won 2007 the Australian GT championship with CCC Racing. Now, imported back to Europe, the car is fully EU duties paid and benefits from a recent service, it is now in track ready condition. Also the car comes with an extensive history file which includes a lot of period documentation, several invoices as well as its original 360 GT Michelotto leather pouch. This is a rare opportunity to purchase one of the finest examples of the 20 original 360 GTs.

    • Year: 2003
    For sale
  • 2004 Ferrari 360 Spider F1

    £75,000 £75,000

    2004 Ferrari 360 Spider F1 LHD Italian delivered 1 owner car now located in the UK. Immaculate condition having covered 25000 miles / 40,000 Kilometres. Delivered by Ineco Auto S.p.A of Verona on 08/01/2004 with Full Ferrari service history listed below. Full books and tool set. Specification. Color: Rosso Corsa Interior: Tan hide F1 Gearbox Navi / Audio system Aircon Electric seats Black callipers OEM Bridgestone Potenza tyres Ferrari 360 Spider car cover. CTek battery charger History: Full Ferrari http://www.ramferrariservice.com/en/ Ram S.p.A 09/22/2004 @ 9650 KM Ram S.p.A 22/06/2006 @ 21286 KM Ram S.p.A 07/03/2008 @ 28980 Ram S.p.A 18/06/2010 @ 36666 KM Ram S.p.A 29/04/2014 @ 39117 KM Ram S.p.A 10/02/2015 @ 39966 KM Last cam Belt change Ram S.p.A 39966 KM. An opportunity to acquire a low milege one owner pristine 360 Spider with full Ferrari service history. £75000. £75000. MAKE ENQUIRY First Name Surname Email Telephone Contact Address Company Address 1 Address 2 Address 3 Address 4 Postcode Image Gallery prev next

    • Year: 2004
    For sale
  • 2003 FERRARI 360 MODENA SPIDER F1

    $98,500(£80,504.05) $98,500(£80,504.05)

    --Nart Blue with Beige leather interior, Beige carpeting and Blue convertible top, 5,000 miles from new, F1/6-speed sequential gearbox. Factory options include: Aluminum Colored Brake Calipers, 6 CD Changer, Daytona Seats, Dedication Plate in Silver, Power Operated Seats, Rear Challenge Grille and Hi Power Hi Fi with Subwoofer. The power output is from a 3.6 Liter V8 engine producing 400 hp at 8500 rpm and 275 ft lb of torque at 4750 rpm. Performance is 0-60 mph in 4.3 seconds with a top speed of 185 mph. This F360 is absolutely superb throughout with no sticky switches and no dash issues. It is sold with a major service time belt included and will therefore be fresh for its next owner. Although never having sustained any serious accident damage, this 360 Spider was backed into during seasonal use and when parked outside a coffee shop in the Hamptons several years ago. The person was kind enough to leave and did not even acknowledge. The damage was minor to the rear bumper, the repair was done by Autosport Designs and the damage was repaired as per factory. Although unnoticeable, we must note the damage. Only used seasonally and sparingly in the Hamptons, this 360 Spider has had tw

    • Year: 2003
    • Mileage: 5000 mi
    For sale
  • Ferrari 360 Modena

    POA POA

    When the Ferrari 360 was revealed at the 1999 Geneva motor show, it wowed the crowds with its svelte, sweeping bodylines. It was a far cry from the last two decades’ trends of sharp angles, pop-up headlights and open slats over the engine bay. In their place were curved wings; fixed headlights and a clear glass cover showcased the V8’s bright red plenum chambers. The Ferrari 360 was the company’s first production car with the chassis, body shell and even the suspension wishbones all constructed from aluminium. The 400hp V8, coupled with these lightweight aluminium components, gives the 360 a fantastic performance that was a substantial improvement over the F355. The gearbox was available with standard manual control or an upgraded and more sophisticated version of the “F1” system introduced on the F355 model.? One of the advances of the “F1” system was that, on sensing an input from the driver on either paddle, the throttle opening was adjusted accordingly to automatically smooth out the gear change. This particular Ferrari 360 Modena F1 is presented in the stunning Rosso Corsa. The interior features Nero hide and Nero carpet, electric seats, climate control, electric windows and h

    For sale
  • Ferrari 360 | Hollybrook Sports

    POA POA

    A beautiful example of the sought after Ferrari 360 Spider, finished in the colour combination favourite red with full tan leather interior and F1 paddleshift gearbox. This particular example was first registered on 18.02.2004 through the Ferrari dealership, Pestarossa Cars in Madrid and has only covered 16k Kms from new. It benefits from a fresh Major / Cambelt service which included its tensioners and 2 new OEM Pirelli tyres. It comes with its full dealer pack, tool kit, tyre repair kit and sales brochure from new. Naturally with only 16k kms from new, the overall condition is particularly fresh with its cabin still boasting an 'As new' smell within. This example also has the additional benefit of still being Spanish registered, duty paid and tax'd until March next year. Viewing simply essential.

    • Year: 2004
    • Mileage: 10000 mi
    For sale
  • Ferrari 360 Modena

    £69,995 £69,995

    Variant: F1 - 2001 Y Blu Tour De France Metallic with Sabbia Leather Interior, Blu Dashboard, Blu Carpets, Blu Piping, Blu Daytona Style Seats, Blu Steering Wheel, Electric Seats, Gold Brake Callipers, Battery Charger UK + Prewiring, Scuderia Ferrari Shields, Xenon Headlamps and Pirelli Tyres.

    • Year: 2001
    • Mileage: 27000 mi
    • Engine size: 3.6
    For sale
  • Ferrari 360 Modena

    £67,995 £67,995

    Variant name:MODENA ,Variant: F1 inished in Grigio Alloy metallic with Blu Hide interior OPTIONAL FEATURES FITTED TO THIS CAR F1 automatic transmission Scuderia wing shields Bi Xenon headlights Indoor car cover Gallio brake calipers STANDARD FEATURES Remote central locking Ferrari crested head restraints 18” alloy wheels Stainless steel pedals This Ferrari 360 Modena is offered in exceptional condition throughout and has covered only 34100 miles from new by its 1 private owner. Car comes complete with leather handbook wallet with all Ferrari literature, spare keys and original leather tool kit. It has the benefit of a full Ferrari main dealer service history with all servicing carried out by the supplying dealer including a recent clutch replacement. All belts have just been changed include cam belt To complement the service history is a detailed history file full of Ferrari receipts, no expense has been spared of on maintaining this stunning 360.

    • Year: 2003
    • Mileage: 34100 mi
    • Engine size: 3.6
    For sale
  • 2003 Ferrari 360 Spyder

    $139,500(£114,013.35) $139,500(£114,013.35)

    In the 1980s, Ferrari came to rely on the mid-engine V8-powered 308 GTB and GTS as its bread and butter. This, the spiritual successors to the brilliant 246 Dino, soon became the best-selling model in the company’s history and did enormous good for the firm’s bottom line. As the 308 reached a decade in production, it evolved into the 328, which was a brilliant car but it was beginning to show its age. Ferrari wisely continued with the theme of a compact V8 mounted amidships for its subsequent “entry level” models. Following the 328 was the 348, then the F355 which represented a big leap forward in terms of quality, development and performance. Today, the F355 is seen as a bridge of sorts between the old-world Ferrari and the new, modern Ferrari. It was adored by fans and journalists alike, but it was not without its flaws, so the formula was even further refined for the next evolution of the theme: The 360 Modena. With the 360, Ferrari fully entered the modern age and made massive leaps forward in terms of reliability and build quality. Thanks to a partnership with Alcoa, aluminum comprised both the body and chassis, while the Tipo F131 V8 was a glorious, high-revving masterpiece in alloy. That V8, which produced 400 horsepower at a screaming 8500 rpm was developed with a great deal of trickle-down Formula 1 technology. And while the output wasn’t that much higher than the outgoing F355, it was much more tractable, reliable, and in combination with the drastically lighter chassis, imparted the 360 Modena with breathtaking performance. Throughout production, the 360 could be had with a traditional gated six-speed manual gearbox, or a six-speed electro-hydraulic paddle-shift gearbox developed from Formula 1 technology. Thanks to that lightweight and rigid aluminum construction, the 360 Modena was a genuine supercar capable of 190mph performance, with handling and precision to match. Another benefit of the inherent rigidity of the platform is that is lent itself well to lopping the roof off to create the 360 Spider. Replacing the metal roof with a soft top took little additional work for engineers, and the results looked just as gorgeous as the berlinetta. The soft top itself is a brilliant piece of engineering, disappearing beneath a body-colored hard boot in the span of a 20-second mechanical symphony. With the top folded, occupants can more easily hear the wail of that fabulous V8 and feel the full effect of the magnificent performance and handling. Comfortable, remarkably fast, yet docile and easy to drive at city speeds, the 360 (in Spider or Berlinetta form alike) is a totally usable, approachable modern Ferrari that provides a deeply satisfying experience at a fraction of the cost of its newer siblings. Our featured 2003 360 Spider is a beautiful example of Ferrari’s first truly modern sports car. This is a car that is well-known to us, and it comes with a comprehensive service history and is fully up-to-date and ready to be enjoyed. This 22k miles example is a highly desirable six-speed manual spider finished in beautiful Grigio Titanio over a rare and attractive light-gray interior featuring Daytona-style seats with black inserts and silver stitching. The bodywork is straight, very clean and in excellent condition. Paint and panel gaps are consistent and in very good order. A few minor blemishes affirm the mileage, but it remains a very attractive and thoroughly usable example that has been carefully and attentively looked-after. The interior is beautiful, showing excellent leather trim, no “sticky” plastic on the switchgear, and everything functions as it should including the air conditioning and stereo. The clutch, gearbox and engine are spot on and fully serviced. It has recently been fitted with fresh tires on excellent original wheels, so it truly is a turn-key example that needs nothing. With the robust nature of the Ferrari market, this 360 represents an excellent value. These are truly good cars that will reward careful maintenance with reliability and a thrilling drive. This great example needs little more than a twist of the key to enjoy, and comes in a very desirable specification meaning it is not likely to drastically depreciate in the near future. The sale includes books, tools, recent service records and spare keys.

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