I sold my Ferrari 360… and I'm not sad to see it go… 

I absolutely do not agree. They are not fickle and difficult to live with. You were just unlucky and bought a dud. I did 100,000 miles in my 360 without a single problem..

Sounds like you got unlucky, perhaps because it was the “cheapest”. My Rosso corsa 360 spider has been a joy to own. It’s a manual (in the US) so it is appreciating quite significantly. No major issues and a thrill to drive. The first service/maintenance was $7k to take care of some deferred items (motor mounts, leaking A/C compressor, check engine light due to rollover valves, and fixing leather on dash/windshield vents, plus annual oil change). No other significant issues in 18 months of almost daily driving. Based on my research I think it will average $3-$5K USD/year of maintenance, likely to be offset by appreciation. I enjoyed the process so much I picked up a 1973 Dino GTS as a stablemate, which I adore and also live working on and restoring. Your mileage may vary!

Having been the owner of a 360 for the past 8 years, I will have to agree with you on a couple of your points, but luckily for me mine has never had a major issue. I too felt it was an itch I had to scratch because I have always loved sports cars and Ferrari with its racing F1 heritage was pedigree. Even my grey 360 with a loud exhaust attracts sometimes unwanted attention, but on the other hand hearing the V8 rev to 8000rpm will bring a smile to any car lovers face. I have been fortunate not have had any major mechanical problems, but even the regular servicing is not cheap. My biggest disappointment is I too don't drive it enough, more because of family, crowd attention and parking concerns NOT reliabilty.

Sorry to hear your experience. I am on my 4th Ferrari. A 348, a 355 and 2 x 360’s. I still own a Rosso 360. I wanted 8 tenths of the challenge stradale so moved from a manual to an F1 and then had the ecu and tcu upgraded to challenge spec or better. To do this right you need the cam timing setup perfectly. I too have had ups and downs in Ferrari ownership but the ups far outweigh the downs. It also helps to have a trusted specialist to help you through. I don’t enjoy the attention but I avoid busy places anyway. Just find that open road and listen to one of the best sounding cars of all time sing!!!

They say the two best days of Ferrari ownership is the day you buy it.. and the day you sell it. Great, honest video. Bought my 360 spider around the same time as you. Still have it. No regrets. Buying an example that needed a lot of work though would probably change my ownership experience as well. Best of luck with the channel.

Interesting and timely. I have been "shopping" for a manual 360 online. I have never driven one but I am a big fan of the styling/engine/transmission package. I am concerned about stepping into a money pit. I remember reading a US Ferrari 360 blogger's comment which was "If you cant afford a new Ferrari, you most certainly cant afford a used one" which still haunts me. Among other cars, I run a manual R8 V8 which I will hang on to whatever happens. Your video is probably the nudge back to reality I need, back towards Porsche again. Manual 993,only if I can find a decent affordable one in the UK

I purchased a 2003 360 spider (Red/Tan F1) just before you did. I also recently sold mine. I, like you, am an introvert and the attention was uncomfortable. I got lucky and bought a good reliable example. But in the back of my mind, I was always wondering when my luck would change. I don't regret buying it as I have those experiences to reflect upon. But it was time and I'm glad that I sold it. Itch scratched. I've owned 2 Mercedes and have no real interest in that brand. So I'll not be a subscriber any longer. But good luck with your channel going forward.

I appreciate the heartpouring, and understand where you are coming from. Years ago, I too scratched my itch by buying an old, problematic, 4.2 litre Jaguar XJ6 automatic, and quickly came to regret it. It didn't cost me much, I drove it around for a while, and spent hardly anything trying to renovate it. Instead, I recognised I'd made a bad decision, and like you, quickly got rid of it for much the same reasons. It was nice to have for a while, but I didn't enjoy driving it, so what was the point? Lesson learned. What I did like about that car was just sitting inside it, appreciating the high-gloss walnut dash, leather seats and general trim, and for that, I didn't need to take it out of the garage. That was really its only plus-point: it was nice on the inside. 🙂

Scotty Kilmer use the expression of “getting it out of your system “ to say “scratch the itch “

Thank you very much sharing such a experience. Its not easy to be honest and admit that some decision was not made completely right. Enjoy

Thanks for sharing. Sorry to hear about your experience. Agree with the comment below. You were unlucky. US owner here. I bought the most sorted model I could get and am on my 7.5th year of ownership of an '03 F1 coupe and have averaged $2950/year (most of it on maintenance by dealer; cheap by exotic car standard). The only major breakdown was when the right ECU died. No F1 issue to date. These are >18 years old now and something will break sooner or later.

Thanks for sharing!!! Sorry to hear it was not such a good experience and that you now regret trading the R8 and CL65. However, I remember you saying the CL65 was a bit big. So maybe one day you will get another R8 and appreciate it more when you do. Or maybe you will get something completely different. I really like the 612, although it seems a Vegemite car, however, I have the impression they are costly to maintain and not as great to drive as one would expect. The pull of the badge can cloud our judgements. Now you know you have ticked the box. Been there done that. Now you can focus more on the cars, rather than the marques. I have also seen that there's a surprising interest in the likes of the SL. You also now know that not just for you, but for YT views, you don't need to spend so much money. I feel it's a lesson we all need to learn. Anyway, I can also see that your peace of mind is quickly returning, and that's really the most important thing. My advice is chill for a while. Don't rush to get anything else. Just because so many are currently losing their heads during Covid doesn't mean you have to join them. It's really hard for me to say, but there has to be more to life than obsessing over cars. Be well and enjoy your current garage for a while.

That is quite a repair list! I know someone that has a 360 too and they have spent over $23,000 AUD just to keep it on the road. What is disappointing is that several 4 and 6 cylinder BMW'S or Mercedes are just as quick and they cost less brand new

My 360 has been a blast to own and especially to drive. I also enjoy modifying it. Sorry you were not so lucky. Enjoy your channel

I enjoyed the reflection in this video - if you'll humour a couple of comments: - don't be too hard on yourself, paid your money, scratched an itch, gained an experience, learned something about your self. You have something for for you money, and it's worth knowing / not wondering! - I've really enjoyed your deprecated luxury cars videos. I got a cl500 having watched your videos and I don't think you mentioned it, but the 7 series was also a real highlight for me. There something great in watching something accessible etc Take care, looking forward to your next vids!

I want this channel to have more views. Thats why i comment. I like the 360 and 430, but to maintain them must be a pain. When i hear 13k for Gearbox - wow. Good decision, letting the horse go! Nice Sub btw!

Just subscribed. Thanks for your honesty. Hope you recouped some of the money you spent when you sold your Ferrari.

Yes the running costs on exotics can be pretty perturbing, but you are now one of the very small percentage of people who got to live the dream and be a Ferrari custodian. Your future grandchildren will be impressed.

You really remind my myself. Ive got the 507 edition coupe. I can do whatever with that car i want and it just works, revvs and rides. On the other hand, my 612 scaglietti is in service or in the garage and there are very few moments in between, when im just driving it. But i dont think that your 360 was in bad condition, its just those old ferraris in general are behaving in that way, unfortunately. Im about to keep the 612 and sell it after the prices will go somewhere around 100k eur in europe

I had a 355 GTS and a 360 Modena which was new, they where nothing but agro so got rid and have been with Amg Merks since SL 55 Amg , E63 Amg s and a CL55 Amg, with no problems, as you say you can’t go anywhere and leave them anywhere, nothing worse with being broken down in Ferrari.

Pretty chill talk

Selling the wrong cars seemingly stays with you for a lifetime. I’ve sold two that I shouldn’t have sold and didn’t need to sell and I think about them every day. First world problem I guess but still painful.

I bet you miss Bernard the Bangle Butt Beamer! Just kidding. Anyways great video as always. I want to know what your thoughts are on buying an old American muscle car for your next project?

10:00 and you're talking about the viewing figures - oh the irony that BYD and Tesla are ultimately what boosted the exotica car channel. Regards from the 'shire

My gosh those cars you traded were gorgeous!!

Thank you for this video! I'm sure everyone who wants to buy a used Ferrari should watch this video. Even I still want to get a red convertible 360 with manual transmission and gated shifter. And videos like this make me sober. And I appreciate it. I think unless you buy a brand new Ferrari under warranty you are risking to spend a lot of money fixing and maintaining it. I guess when you buy a Ferrari to build a channel you really need to act like Doug DeMuro who did the same several years ago. I mean you need to put on a show. In reality not everyone is a showman. If you are more like an introvert then definitely a bright red car with a loud exhaust may not be a good fit. But to be honest C63 and SL55 are also not quiet cars especially C63. Personally, I don't want to be entertaining everyone on YT and I buy my cars because I like them, not because I want to boost my channel. Anyway, I hope you'll get a very nice sports car soon! Like another newer R8! I can hardly call an R8 a car for introverts, but at least the brand itself is more "restrained" than Ferrari or Lambo. Even Maserati looks like a normal car next to a Ferrari.

Manual 360, owned for 3 years, minimal running costs. Zero spend past 18 months. No regrets whatsoever. 10/10 Ferrari experience.

Interesting to hear how aligned your thoughts are to mine. Same situation, owned an R8 and switched to the Ferrari 360 and suffered gearbox issues. I also don't regret getting rid of it. Still scarred from the experience!

Get why you've done it, with all your set backs/hits. But, at least you did scratch the itch. I'm still scratching mine & enjoying it, but always aware it may starting eating £s. Basically I'll keep paying, until I run out of cash or, like you, it just gets two wearing. All your cars are top drawer.

Sorry to hear about your dissatisfaction with the 360. I’ve had mine for 11 years now and it has 33,000 on the clock. Plenty of track days have added to that. I’ve only had routine servicing so maybe I’m lucky.

Don’t regret! You had a Ferrari, tick on the box…now you can relax. True that always something goes wrong with that type of car but you had bad luck since the beginning 🙈 which also happened to me twice. It would be interesting to do the numbers and really know how much really costed you per month vs i.e a new Merc leasing… maybe was not too bad? Now time to relax and enjoy the cars you currently own.

Wow I have the same story. I traded my R8 & a CLS55 AMG for a Ferrari F430, in 2020. The car has been in the repair shop more than I drive it. It has cost me way too much money. Now I'm am shell shocked to drive it, thinking what else is going to break. I still have it, and I don't want to sell it because I think that I have spent all this money, just for someone else to enjoy without any problems, and it's going up in value. Bottom line, it is my dream car, so I'm keeping it. The color is black with black interior, yellow calipers.

Hey bud! Sorry you had a terrible experience. I love driving my Gallardo. But yes there are some maintenance 👨‍🔧 cost associated with it. My Lamborghini is basically the Audi R8 you traded in. Maybe you can try Lambo on the next purchase. Enjoyed the honest feedback in your video. -Vinny the Handyman 👨‍🔧

Remember Ferrari 360 is old car and old Italian cars or any exotic cars will give you big big bills to pay. If the history not been great then you should make sure get stuff fixed most likely 20-30k EUR. But if you buy Ferrari F8 or 488 then you dont have much cost. But old classic exotics you can't think it will be cheap ownership :)

Hey man, I m trying really hard not to dislike you, not only because of your seemingly ridiculous decision, selling trading 2 cars, both FAR better then that old 360, each in there own right, except values. I bet the salesman threw a party when he got home home from work that night....To me, common sense dictates that the cheapest example, of an older car, will have issues , Synchros fail in tranny's, it very common and you wouldn't know until you spent some time giving it some gusto in the driver's seat, the previous owner definitely knew. I guess, moving forward, learn these lessons the hard way , that sucked, but, I feel like after this vid, you see what happened, and your better for it, so I dislike you less, and hopefully in the future, I may start liking you content more. I subbed, and will start to recommend your channel to others. Cheers mate.

Sorry to hear about your bad experience, in a vaguely similar way I had a TVR Griffith 500, it also drew attention, and like you it wasn't what I wanted!

No I wouldn't as know my situation. The 986 is just fine for me.

Sorting the car is part of owning a used Ferrari; it’s like a fixer-upper house purchase and has to be factored into one’s thinking before you commit to buying. I don’t like the attention I get from the general public driving a red Ferrari, but the joy of driving a Ferrari gets me past that. I’ve driven multiple Lambos, Porsches, BMWs, etc. and enjoyed them all, but none have made me feel the way I feel driving my 360. I hope this video doesn’t deter others from owning the 360 because it really is a GREAT Ferrari. It’s my 2nd Ferrari and I won’t be selling mine until I can get into an F430 Scud or a 458 Italia and, even then, I hope I can afford NOT to sell the 360. It really comes down to getting a well-sorted example and being able to afford to keep it that way.

Buying a UK ferrari, did the car have any rust issues, caused by salt on the roads over there?

To be honest. I came across your channel from the CL 500 and loved all the videos you had of the Mercedes and the R8 was a plus. When I saw the 360 video’s wasn’t really a fan. But I understand you had an itch to scratch. In other news. A 65 amg would be awsome. Or old M5. Love the videos. Keep up the good work.

Love the video , thank you for your honest appraisal , it’s true about dreams They are only dreams then we wake up to reality.

What do you do for a living?

PPIs at least in my experience are not really worth it. Paying $700-$1000 usd on average is not worth it when that money could be set aside for maintenance. Most of the time a basic safety inspection is performed during a PPi. Most of the time if you are mechanically inclined you can probably inspect the car yourself. Coolant should be changed regularly every 2-3 years. If not you can corrode the heat exchanger and dump damaging coolant into the gearbox which is what occurred to cause the vast majority of the damage here. Follow the maintenance schedule and you should not be over $3-5k average annually ever.

Would you consider a used Mercedes AMG GT S for your channel?

Man that was such a horrible trade, it hurts to think about. My current dream garage is a CL63 2013, and an R8. And that Ferrari wasnt even as nice as the Audi. I hope something good comes from that Ferrari experience.

Don’t worry mate.

How much you sell for mate ?

Would you consider a Mercedes SLS Gullwing?

Hi Simon, great honest video. I do empathise and honestly I was never a fan of the Ferrari. In fact I don’t like Ferrari’s. You couldn’t give me one. I put a comment on your channel when you first described what you had to do to it …. The dealer who sold you that car is an absolute cretin and clearly a shonk, I know where they are and would never buy anything from them. For you to have to spend nearly $50k on it within a few months of purchase is unbelievable and most certainly would sour the whole ownership experience. I have been a subscriber mainly for your German cars, your CLs and SLs were my favourites tbh. I was sad to see you sell your SL55. I like your channel as you are an enthusiastic car nut a bit like me, I have no desire to have a RU-vid channel but do have a nice collection of cars myself which give me great joy. Anyway it’s done now so chin up , move on to something more to your tastes and preferences, yes a nice classic CL or maybe a 560 SEC or a classic 300 SEL 6.3… lots of cars to look at. Good luck Simon and I’m sure we all look forward to your next garage asset! Cheers

Get an S65! Im looking for an SL65 to join my 08 S63 AMG here in Sydney.

Do you think a Ferrari California would have been better? Newer and you can do road trips with your family a bit more which would potentially be easier for personality.

It’s a Ferrari ,, that’s why not everybody has one.

I’m sorry to here that your Ferrari ownership experience was poor Simon, maybe you could consider buying a Maserati Coupe/Gransport in the future, maybe even a Mercedes AMG GT

You should realize this...you are "I think" a simple guy so simple guys like related to you in those kinda " dreaming"to one day have those more down to earth cars . To be really sincere with you if I want to see super cars or hyper cars there are a ton of more interesting channels. Keep it "simple" for now , me personally I enjoy it more. Tip old mercs kinda restomod!!! . If it's your thing...if you are spending money like crazy like in the Ferrari at least it's interesting to see. ✌️✌️✌️

Heres some advice, Never buy the cheapest of anything in the country. Also buying a car from another country can have a world of secrets. Accidents, natural disasters like flooding, You kinda got what you asked for really.

Get a viper gen4😍😍😍

He looks like an Aston man...

Preferred the cl65

I scratched my Ferrari itch in Maranello a few years ago. Paid 100 Euro for a 30 minute drive of a GTC4 Lusso! I’ll never forget that screaming V12 on those narrow Italian roads. Gave it back, went for a pizza and now it’s just a good memory.

Sold the SL.....sold the Ferrari....but kept the best one! ;)

Perhaps you should have watched a few old 'Top Gear' episodes first.

$32,000 USD is way too much for what was done. Ferrari dealerships are the last place you actually want to service your Ferrari. However, don't beat yourself up about the PPI. Some of those issues, if actual issues and the Ferrari dealer not telling you lies, would not have been picked up on a PPI, like synchros. I was only a subscriber for the Ferrari content. Good luck with your future endeavors.

Why didn't you take the car back to the dealer you bought it from? They should stand by their car.

I've been driving for 46 years and have never considered buying a Ferrari, mainly because I am an engineer and couldn't stomach the thought of being "Rogered" by a Ferrari dealer or Ferrari independent specialist on what is an inherently poorly made and unreliable car, compared to well established makes (Mercedes, Audi, Porsche etc) who are known for their quality and reliability. Didn't realise you traded an R8 plus a lovely Merc for the 360. I must have missed that video, still I guess you have learnt a valuable lesson. I got to your channel because of your lovely Mercedes SL, one of which I also own and would never part with. BTW I also have a beautiful R8 too. If its any consolation I think you have done the right thing... 👍

Interesting. You said it didn’t suit your personality and you didn’t like the attention, my question is didn’t you think about that before trading in your cars for a FERRARI ?

You just got rid of the only thing that you had that was vaguely interesting. At least others can use your experience as a guide on how not to treat a great car from the worlds greatest motoring manufacturer.

I'm glad the ferrari is gone. the videos with it while driving were a pain to watch because of this annoying loud exhaust droning. I'm surprised how quiet the C63 is instead. I'm also a little bit surprised when you said, you couldn't afford it. i mean, you bought another cars while you owned the 360...why have you done that if the 360 was too much already? given your previous car history i always thought you were a millionaire or at least in a very high paid job.

Should have done your homework first, I own a few Ferrari’s and know them very well. You bought some one else’s problems, also every one knows Ferrari’s are very flashy cars, you should have stayed with the Audi and Benz.

Bit like leaving your wife for a pretty little thing and after a while you realise you can’t stand the stupid thing.

Buy cheap, buy twice.

Get an s class cabrio

I found your channel because of the Ferrari content. Unfortunately I'll be unsubscribing now. Thanks for your honest content but it hasn't deterred me from owning one! Good luck with the channel.

The cheapest car sometimes turns out to be the most expensive, specially older ones.

1st 👍💯😎

You live and you learn....

Ferrari's from 2000 - 2010 were made poorly. That's why a lot of people go to Lambos because they're more reliable.