Boca Raton
Automobiles
2003 Ferrari 360 Spider F1 PHOTOGRAPHY BY Bill Pack
Estimate: $95,000-$110,000 USD
SOLD: $93,500 USD
  • 2003
  • Ferrari
  • 360 Spider
  • Pininfarina
  • ZFFYT53A330131599
  • Nart Blue
  • Beige
  • 5,698 miles
  • Matching Numbers
  • Service History Included
  • Excellent Running Condition
  • Original Books / Manuals
  • Original Tool Kit

Open air exotic

The 360 Spider is a Ferrari for the 21st-century. With a top speed of 175 miles per hour, it is blindingly fast. Its’ mid engine layout and active suspension give it the cornering capability and feel of the modern supercar. Unlike many predecessors, the ergonomics have been emphasized. The interior is luxurious and purposeful, and 100% Ferrari. Activate the power convertible top and the civilized experience continues; occupants can talk at speed. Even with all the civility of a luxury car, the 360 is still a pure exotic that evokes all of the emotion it should.

This Cars Past

Purchased new by well known Ferrari collector Randall Poliner, the car was only driven 4,000 miles over a ten year period by him. After selling the car to it’s current owner 2 years ago, it has covered less than 2,000 miles.

History of the Model

The 360 Modena first rolled off the Ferrari assembly line in 1999. Named for the city of Enzo Ferrari’s birth, it had to be special. An all new aluminum frame replaced the steel chassis of its predecessor, the 355. Its larger frame was 28% lighter and 40% stiffer. Pinninfarina, designer of 162 previous Ferraris, in a radical departure offset the air intakes from their classic central location. Glass covered the engine bay. The design was more fluid and curvaceous; it generated four times the down force of the 355’s. Engine size was increased to 3.6 liters; thus the moniker 360. An aptly named paddle actuated F1 transmission offered performance superior to the manual gearbox. Creature comforts were addressed with bigger seats and a bit of luggage room. To no one’s surprise the 360 became Ferraris biggest selling model.

Service History

With less than 6,000 miles, this 360 Spider is presented as it was when new. Looking at the long term, one must anticipate expense and the 360 is special. Its belts can be changed without an engine out service. Clutch wear for the F1 transmission can be easily determined. An expensive trap for a 360 was a failed timing variator (think bent valves, other head and piston problems); many but not all were replaced by a service recall.

Market Trend

One might decry the concept of an entry level Ferrari but if an exotic is on your radar, this is one to consider. Previous models like the 308’s, 328’s and Testarossas all caused Ferrari Frenzy in their first few years. After the price spike, values fell and auction and sales prices languished for many years. Now they have shot up again and it is rare to find them at the prices where a 360 can be easily obtained. No one can predict the future but there seems to be a pattern here.

Summary

Revolutionary design, added lightness with an aluminum chassis and modern super car feel, amenities and performance with an affordable entry make this the Ferrari to be purchased, and used and enjoyed for years to come.

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