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Ferrari 360 Modena: Buying guide (1999-2004)

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

45 Search results
Ferrari 360
58175 264990 GBP
  • 2003 Ferrari 360 Modena Spider

    £58,175 £58,175

    This 2003 Ferrari 360 Modena Spider is finished in the classic combination of Rosso Corsa with Tan leather. A USA version. Motor no. 76444 Sold new at Ferrari of Orange County, CA on November 7, 2003. A California car from new. Stock mechanicals. No accidents. Original paint. MSRP New: $192,300.00 This car drives and performs as designed. Sound is fantastic. Soft top works as designed. Rear window is clear. Full power Daytona seats. Pirelli P Zero tires all around. 5k and 15k services performed. Annual fluid service done at 25,217 miles (motor oil, gear oil and brake fluid.) This service included a complete Belt service as well ( cam belts, coolant pump belt, power steering belt and accessory drive belt.) Only correct fluids used ( Shell Rotella T-6 Full synthetic engine oil, Castro DOT 4 Full synthetic brake fluide and Full synthetic Mobile 1 Gear oil.) Recent service performed by Forza Motors inlcuding new 02 sensors, coolant reservoir cap and new brake switch. All books, tools and documentation will be presented to the new owner. All inspections welcome. We ship worldwide. Contact us at 831.373.3131 day or evening. VIN: ZFFYT53A630133184 Condition: Clear Title Transmission: Auto

    • Year: 2003
    • Mileage: 27949 mi
    For sale
    Mohr Imports
    831.373.3131 VIEW CONTACT NUMBER
  • Ferrari 360

    £79,995 £79,995

    Variant name:MODENA ,Variant: Modena 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. 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. Car due in.

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

    $139,500(£113,511.15) $139,500(£113,511.15)

    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.

    For sale
  • Ferrari 360

    £79,995 £79,995

    Variant name:SPIDER ,Variant: Spider F1 Finished in Rosso Corsa, full Nero hide interior with Rosso contrast piping OPTIONAL FEATURES FITTED TO THIS CAR Special Rosso piping Challenge rear grill Challenge Stradale exhausts F1 automatic transmission Electric adjustable seats STANDARD FEATURES Remote central locking Ferrari crested head restraints 18” alloy wheels Rosso red brake calipers Ferrari tool kit Bordeaux carpets Stainless steel pedals Remote central locking This Ferrari 360 spider has covered only 31300 miles from, it’s offered in exceptional condition throughout. Car comes complete with original leather handbook wallet including all Ferrari literature, spare keys and original leather tool kit. It has a comprehensive service history with a documented history file full of receipts.

    • Year: 2002
    • Mileage: 31300 mi
    • Engine size: 3.6
    For sale
  • Ferrari 360 Challenge Stradale


    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
  • 2000 Ferrari 360 M Modena F1 SOLD! MORE STOCK REQUIRED



    • Year: 2000
    • Mileage: 27000 mi
    For sale
  • FERRARI 360 Challenge Stradale Left Hand Drive 2003

    £159,500 £159,500

    Rosso Scuderia;Red and Black Alcantara Interior;2003 (03 private reg);52,000 Kilometers / 32,000 Miles;F1 Paddle Shift Gearbox;;Options:-;Air Conditioning;Electric Mirrors;Electric Windows;Fire Extinguisher;Five Point Harness;Power Assisted Steering;Scuderia Wing Shields;Challenge Stradale Alloy Wheels;;PART OF PRIVATE COLLECTION - Offered for sale is a stunning Ferrari 360 Challenge Stradale, having covered just 52,000 Kilometers from new with Full Ferrari Service History.;;Ultra rare special edition, the Challenge Stradale is a track focused performance road-legal version of the 360 produced by the factory, featuring carbon ceramic brakes (from the Enzo), track tuned suspension, aerodynamic gains, weight reduction, power improvements and revised gearbox software.;;The car comes as it should, complete with both keys, tool kit, emergency kit, tyre inflation pack, car cover and book pack.;;This Ferrari has had been fully serviced at Ferrari Swindon.;;All our cars are fully HPI checked and clear.;;Debit and Credit Cards Accepted .. Part Exchange Welcome .. Finance Arranged .. International Shipping Arranged ..;;VIEWING BY APPOINTMENT ONLY

    • Mileage: 32000 mi
    • Engine size: 3.6
    For sale
  • Ferrari 360 Modena Manual Coupe

    £79,000 £79,000

    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: 2002
    • Mileage: 30143 mi
    For sale
  • 1999 Ferrari 360 Modena

    £61,750 £61,750

    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 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 Spider Manual

    £79,995 £79,995

    Make: Ferrari Model: 360 Spider First Registered: 01/03/2002 Mileage: 29,986 Previous Owners: 2 Engine: 3.6 Ltr V8 Transmission: Manual Paint Colour: Rosso Corsa Trim Colour: Crema Leather Carpet Colour: Rosso Doors: 2 Seats: 2 MOT: 26/06/2017 TAX: TBA HPI: Clear Warranty: 3 Month Cover Included - Upgrades Available

    • Year: 2002
    • Mileage: 29986 mi
    For sale
  • Ferrari 360 Modena

    £69,995 £69,995

    Variant name:MODENA ,Variant: F1 Finished in Rosso Corsa, full Crema hide interior with Rosso contrast piping OPTIONAL FEATURES FITTED TO THIS CAR Challenge Stradale transmission software Giallo rev counter Rosso piping Challenge rear grill F1 automatic transmission Leather headlining STANDARD FEATURES Remote central locking Ferrari crested head restraints 18” alloy wheels Rosso red brake calipers Ferrari tool kit Bordeaux carpets Stainless steel pedals This Ferrari 360 Modena has covered only 48000 miles from new, it’s offered in exceptional condition throughout and has been treasured by its previous owners. We have fully inspected the car through our workshops and is clearly one of the best examples we’ve seen. Comes complete with original leather handbook wallet including all Ferrari literature, spare keys and original leather tool kit. It concludes a full comprehensive Ferrari main dealer service history with a documented history file full of receipt. Just been to Ferrari for a clutch report and reads 9.30% worn. No expense has been spared on this 360 and viewing is essential.

    • Year: 2000
    • Mileage: 48000 mi
    • Engine size: 3.6
    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 F1 – UK RHD


    Ferrari 360 Modena F1, 1999 (2000 model), 33,000 miles. This Ferrari was originally registered in the Channel Islands with full documented service history, challenge rear grille, 19″ Stradale wheels, electric seats, all keys books and complete tool kit. £71,995

    • Year: 1999
    • Mileage: 33000 mi
    For sale
  • Ferrari 360 Challenge Stradale


    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
  • 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
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