I’m one to advocate a risky car purchase because with risk comes the juicy reward. But in this case, there’s no downside because the Ferrari 360 Modena, in both manual and F1 variants, has fallen off a cliff in market value. What that means is that normies like you and I no longer have to window shop. Is this real life?
The Ferrari 360 has been the “starter” exotic for most dot-com thousandaires and people with names rhyming with Shmoug ShmeMuro. With its 3.6-liter flat-plane crank 8-cylinder engine that produced 400 horsepower, the car wasn’t exactly slow. But on the other hand, the almost nonexistent torque curve meant that the car wasn’t exactly the fastest thing in a straight line. But that didn’t matter because most Ferraris, until recently, were kept in a hermetically-sealed laboratory with 25 hour a day surveillance, lest some dust from the 99 percent touch its impeccable underbody. They weren’t meant to be driven - until now.
Due to heaven smiling down upon us, you can now find cars like this awesome example with aftermarket wheels, euro-spec appointments and a clean bill of health for five figures less than the price of a bone stock, base model BMW M3. But it doesn’t end there -not by a long shot.
If you’re more of a convertible person, the 360 Spider found here is one of the best kept examples you can find anywhere, especially in this awesome white hue. Not only is it a great value, but one of the best kept secrets of the exotic world is that the 360 is a potential world-beater with some pricey but nevertheless off-the-shelf modifications int he form of forced induction.
The bolt-on twin turbo kits for this car, along with tuning and other accompanying mods, will run you in the ballpark of $20,000, but for a Ferrari that has more usable power than a Mclaren 650s, the money is well worth it, especially when you consider that all in, you won’t even be close to hitting six figures with the budget. For the performance value and hilarious lack of practicality that comes with driving a modern Ferrari, it’s the best deal of any sports car if you’re willing to think outside the box. Get them before hedge fund managers scoop them up and game the system.
Tavarish is the founder of APiDA Online and writes and makes videos about buying and selling cool cars on the internet. He owns the world’s cheapest Mercedes S-Class, a graffiti-bombed Lexus, and he’s the only Jalopnik author that has never driven a Miata. He also has a real name that he didn’t feel was journalist-y enough so he used a pen name and this was the best he could do.