Ferrari has never shied away from the concept of adopting Formula One technology in its production cars, as demonstrated by this 2004 360 Modena F1. A paddle shift operates its six-speed semi-automatic transmission, as found in its racing machines. This beauty has a known ownership history and a mere 12,000 miles on the clock. It is also worth noting that it isn’t a garage piece, with the seller regularly slipping behind the wheel to enjoy it as Ferrari intended. They have listed the Modena here on eBay in Jefferson, Georgia. There is a BIN figure of $75,000 with the option to make an offer.
Ferrari launched the 360 for the 2000 model year as the replacement for its extremely successful F355. The styling was penned by Goran Popović from Pininfarina, with softer lines than its predecessor. Ferrari also expended more wind tunnel hours on the 360 than any car in its history to that point, with the result being a car that was elegant and cut through the air cleanly. Our feature Modena F1 emerged from the factory in 2004, ordered by its first owner in iconic Rosso Corsa. Finding anything significant to criticize is almost impossible, which is impressive considering that it isn’t a garage queen. The seller utilizes the car whenever possible, reveling in the pure driving joy it provides. The paint shines nicely, the panels look flawless, and the extensive use of aluminum and composite materials means that rust won’t be a problem. The glass is clear, and the gorgeous 18″ aluminum alloy wheels show no evidence of marks or imperfections.
The 360 demonstrates perfectly how the mindset at Ferrari had evolved by the time this car left the factory. Earlier models lacked creature comforts as the company focused strongly on outright performance. However, this Modena features climate-control air conditioning, power windows, power locks, power seats, power mirrors, a CD changer, and cruise control. Therefore, it offers the buyer a welcome splash of luxury with astonishing acceleration and a top speed well beyond what the legislators will allow on our roads. The interior isn’t pristine, with the carpet showing slight wear below the driver’s feet. However, this isn’t severe and is consistent with the claimed odometer reading of 12,000 genuine miles. The Black leather is excellent, there is no wheel wear, and no damaged plastic.
Enzo Ferrari focused almost exclusively on engines when developing his latest models. He had little interest in the art of aerodynamic efficiency, believing that brute power would overcome shortcomings in other areas. The company has continued the focus on engine development, although it combines that with wind tunnel testing to produce a “total” package for buyers. The 3.6-liter V8 powering this Modena demonstrates that perfectly. Ferrari uses a secret aluminum alloy to forge items like the engine block, cylinder heads, and other components. The V8 features such touches as titanium connecting rods, and despite its relatively modest capacity, it generates 394hp and 275 ft/lbs of torque. The mid-mounted V8 feeds those raging Italian stallions to the road via the six-speed semi-automatic transaxle, which was the most popular choice during the 360’s production run. Ferrari claimed a ¼-mile ET of 12.6 seconds and a top speed of 183mph, with both figures verified by contemporary road tests. This Modena might be able to do slightly better due to improved breathing. With the intake system and exhaust both upgraded, there may be slightly more power available to the driver. However, those preferring originality will welcome the news that the seller retained the factory components, and may include them in the deal. The Ferrari runs and drives perfectly, ready to provide the new owner with immediate motoring pleasure.
While some Ferraris don’t represent a reasonable investment, climbing values mean that potential buyers may look favorably at this 2004 360 Modena F1. The increases haven’t been dramatic, but at least they are heading in the right direction. Recent successful sales suggest that the seller’s BIN figure is extremely competitive, and the idea that they may consider offers increases the attraction for potential buyers. An Italian exotic may not appeal to everyone, but could you be tempted by this Ferrari?
I could definitely be tempted by it and, if I want to change some retirement plans, even come up with the 70 or so it would take to buy it. It’s the annual maintenance that would drive me to poverty. If you can’t afford to maintain it, you can’t afford it.
You’re right. Looking over several receipts of several offerings at the Beverly Hills Car Club and it’s astounding how much owners have sunk into these cars. Mine not the case as it doesn’t get driven. Still, I think you can go on the low end with just basic maintenance not from a dealer and come out on top.
Accident reported with a branded rebuilt title (Salvage Title). Bad investment IMO and future hard sale.
Nicholas Cage drove an ugly grey one in one of his movies. Not the beauty this red one is which screams “Only Ferrari.” A beauty to behold.
Rebuilt title? Less than 600 miles per year? Very suspicious.
Nice write up , and good to finally see a 360 listed here. I have a manual spider with about 20k miles. Love the car and to me I like the curvy lines. One main reason was this was Ferrari’s last real muscle car with a stick shift, all F1 now. And the dials are all analog with no buttons on the steering wheel. I keep mine totally stock. Yearly maintenance can be costly. Every 3000 miles or 3 years the belts have to be replaced. Cost around $4 to 6 k. And best if work is preformed by an official dealer. Made this mistake the hard way. No mention of books and repair manuals on this one. Hard Pass.
I thought that the stick shift finished with the 355 ? Oh well, I live and learn