2004 Ferrari 360 Spider

2dr Convertible

8-cyl. 3586cc/400hp BM ME7.3 EFI

#1 Concours condition#1 Concours
#2 Excellent condition#2 Excellent
#3 Good condition#3 Good

$185,000 CAD*

+6.3%
#4 Fair condition#4 Fair
Value Graph01/2404/2407/24$50k$100k$150kOct 2024
Pricing adjustments
Lack of verifiable owner and service history can greatly affect value.
Adjustments are in USD
Lack of verifiable owner and service history can greatly affect value.
Adjustments are in USD

Forecasted valuesBeta

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1999-2005 Ferrari 360 stats
Highest sale
$9,563,848 CAD
Lowest sale
$1,023 CAD
Most recent sale
$77,598 CAD
Sales
864

Photos

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2003 Ferrari 360 Spider Convertible
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Model overview

Model description

Ferrari replaced its F355 in 1999 with the aluminum-bodied and curvaceous 360 Modena coupe. Two years later, in 2001, a Spider version debuted. As promised, the Ferrari 360 offered a commensurate leap in performance over the F355 due to extensive use of aluminum throughout, as well as a new 3.6-liter V-8 engine that produced 400 horsepower. A paddle, F-1 type 6-speed transmission became an option in 2000, joining the standard 6-speed manual unit. The car was capable of a 4.3 second 0-60 time.

In all, nearly 17,000 Ferrari 360 coupes and Spiders were built through the end of the 2005 model year, making them fairly easy to find. The 360 has mostly proven to be a relatively reliable and easy Ferrari to own. For example, major belt service can be completed with the engine in the car, whereas the F355’s V-8 had to be removed in order to perform the timing belt service. That said, some reoccurring problems have appeared on the 1999-2001 360s, including cracked motor mounts, failed transaxle throwout bearings, and minor issues surrounding the hydroelectric pump on cars equipped with the F-1 transmission. Most of these troubles were corrected under warranty and aren’t a problem today; however, prospective owners should confine their search to cars that show evidence of redress in these areas. Cars newer than the 2001 model year were mainly free of the aforementioned issues, with the only other caveat being to ensure proper operation of the complex top mechanism on 360 Spiders. This is a particularly costly fix.

Popular options when the Ferrari 360 Modena coupe and Spider were new included a “challenge” style rear grille that mimicked those on 360 Challenge race cars, as well as Tubi or other aftermarket exhausts. A rare option was a removable roof panel that was fitted to approximately 13 coupes. Several Challenge Stradale coupes were built as well, and they offered 25 additional horsepower as well as 240 fewer pounds in weight compared to a standard 360 coupe. As expected, their 0-60 time was a quicker 4.1 seconds, and they sported an upgraded suspension and brakes to take better advantage of the increased performance.

Vehicle specifications

  • Wheel Base Shortest - Inches102.3
  • Wheel Base Longest - Inches102.3
  • Shipping Weight3197
  • Drive TypeRWD
  • Manufacturer NameFiat
  • Front Tire Size18R215
  • Manufacturer MSRP176075
  • Market SegmentationPrestige Sport
  • Vehicle Height47.7
  • Manufacturer CodeC133
  • Front Tire Size Code53

Equipment

  • StandardOptional
  • Power BreaksPower Brakes
  • Power SteeringYes
  • EntertainmentAM/FM CD
  • Air ConditioningYes
  • Power WindowsYes
  • Tilt Steering WheelYes
  • Roof DescriptionRetractable Roof Panel
  • Anti-Lock BreakingAll Wheel
  • Restraint typeDual Front Air Bag/Active Belts
  • Audible AlarmYes
  • Rear SuspensionIndependent
  • Security EquipmentOther

Equipment

Standard

  • Power BreaksPower Brakes
  • Power SteeringYes
  • EntertainmentAM/FM CD
  • Air ConditioningYes
  • Power WindowsYes
  • Tilt Steering WheelYes
  • Roof DescriptionRetractable Roof Panel
  • Anti-Lock BreakingAll Wheel
  • Restraint typeDual Front Air Bag/Active Belts
  • Audible AlarmYes
  • Rear SuspensionIndependent
  • Security EquipmentOther
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Common Questions

The value of a 2004 Ferrari 360 Spider can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $117,650 USD for a 2004 Ferrari 360 Spider in good condition with average spec.

The highest selling price of a 2004 Ferrari 360 Spider at auction over the last three years was $296,595 CAD. The highest prices are usually reserved for rare or exceptionally well-maintained examples with desirable features or modifications and excellent history.

The lowest selling price of a 2004 Ferrari 360 Spider at auction over the last three years was $96,476 CAD. The lowest prices are usually paid for examples that have extensive maintenance needs, differ greatly from their original configuration, or have accident histories or title problems.

In the last three years there have been 20 2004 Ferrari 360 Spiders sold at public auction.

The most recent auction sale of a 2004 Ferrari 360 Spider was $121,158 CAD on October 11, 2024 by Barrett-Jackson.

Many factors can increase a car's value including excellent condition, exceptional originality, a recent restoration, low mileage, unique provenance, desirable options, popular or unique color choices, and excellent maintenance records. Upgrades and modifications that enhance performance or aesthetics can also add value.

Factors that can decrease a car's value include unusually high mileage, poor maintenance history, visible wear and tear, accidents or damage, title issues, and gaps in ownership history. Additionally, less popular color choices and extensive modifications that don't appeal to a broad audience can reduce value.

Mileage plays a significant role in a classic car’s value. Lower mileage usually increases value because it indicates a higher degree of originality, is rarer, and suggests less wear and tear. However, cars with exceptionally low mileage may also have maintenance needs due to lack of use. Whether someone should pay more for a vehicle with lower miles will depend on how they plan on using it, and the vehicle's specific condition.

The value of modified cars differs widely based on the type and quality of modifications. While some modifications can significantly increase value, especially performance enhancements and high-quality custom work, others may not add much or could even detract from the car’s value if they appeal to only a limited audience.

All prices shown here are representative of stock condition vehicles only and based on various data sources, as detailed in About Our Prices. Value adjustments for optional equipment are in U.S. dollars. More information on how forecast models are calculated can be found on Forecasted Values page. For additional information and a complete description of benefits, visit hagerty.CA/legal. Purchase of insurance not required for membership in HDC. Hagerty, Hagerty Valuation Tools & Hagerty Drivers Club are registered trademarks of the Hagerty Group LLC, ©2024 The Hagerty Group, LLC. All Rights Reserved.

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