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Price opinion from advertisements and recorded sales. Not an inspection or a certified valuation.
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Reference photograph of a Ferrari 360 Modena
Valuation · Ferrari · F131 · 1999-2005

Ferrari 360 Modena

3.6L NA V8 · 298 kW / 373 Nm · 6sp manual/F1 paddle · RWD
AVOIDRated within the over $100k band · 86 of 104 at this money
Model value
$120,000
Must gain each year to break even
+8.8%
The projection does not clear it, and nor does most of the library.
CarQuant score
55/100
Scored against the over $100k band, not the whole library
Evidence grade
Measured
Four or more recorded Australian sales
$120,000
$84,797 lowhigh $123,671
Calibrated to recorded sales
Seven counted Australian results, all of them coupes since the Werribee Spider moved to its own record. They index to a median $120,000 at 50,000km, which is where the carried value now sits after being carried at $106,000. The one gated manual at $236,200 is a different car and is excluded

Looking at a 360 for sale?

Put in the asking price and the odometer reading. You will see what this model should make at that reading.

Should make, typical example
$120,000
At about 50,000 km. Enter an asking price to compare.

Odometer only. Colour, options, history, condition and the photographs move it further, and that is what the report reads.

A person reads the advertisement and its photographs. Usually back within 48 hours. Read a real listing report

Price history

Today $120,000 · modelled median at five years $103,845
Solid line: the value this library has carriedDashed from 2026: modelled · even money $93,826 to $114,273
The green band is the even-money range and the one to plan on: half of outcomes land inside it. The pale band behind it bounds eight in ten ($84,797 to $123,671). The path is this model's own: it starts along the momentum of its recorded history and bends toward its projected median as the horizon lengthens, so no two cars share a future curve.

The verdict

The numbers argue against it. Scores 55/100, ranking 86 of 104 in the over $100k band. Scarcity is the strongest input, risk resilience the weakest.
Running it costs about $10,650 a year (8.9% of value), which is what the economics score measures. All in, including the projected value change, it is $15,501 a year.
The model's five year median is $103,845, a -13.5% move, with the tenth percentile at $84,797.
Value calibrated to recorded sales.
Evidence
Measured7 recorded sales
Off its peak
-21%
Value band
tight
Multiple recorded transactions plus an aggregate source. Treat the level as reliable.
Scored against every recent Australian sale this library holds, half its values land within 11.2 per cent of the price paid and the rest miss by more, in either direction. Projections are therefore damped toward flat in proportion to how little is known, and the plausible band is never narrower than the error the model is known to make.
Short term (1-5 years)$15,501 a year all in, -13.5% median value move
Long term (10-15 years)Scarcity case already formed
Negotiate from$120,000

Recorded sales

Every recorded observation, and when
8 rows on record
$172k$129k$87k
2023202420252026
the value this record published, year by yearnow $120kwhat the model expects across 33k–71k kmsoldcontext, excluded1 row sits off this scale. Open the list below to see them.
Every row, with its price and note (8) ↓
Library value against the sold record
7 sales · median $121,000
Value $120,000
$96,000$147,000
Nov 2025Collecting Cars$120,000Sold
SOLD. 5 Nov 2025, Dianella WA, 46,791km (29,075 miles), F1, UK-market, complied early 2025. FULLY RESPRAYED in its original colour. Roughly $8,000 of rectification work Apr 2025 including O2 sensors and air conditioning compressor
Oct 2025Collecting Cars$103,000Sold
SOLD. 23 Oct 2025, Sydney NSW, 70,800km, F1, UK then Hong Kong then Australia in Mar 2022. REFINISHED FROM GIALLO MODENA TO BIANCO AVUS. Transmission stripped and rebuilt Apr 2023 with new clutch, flywheel and hydraulics
Aug 2025Collecting Cars$96,000Sold
SOLD. 15 Aug 2025, Oakleigh East VIC, approx 64,000km, F1, Hong Kong-delivered, complied Jan 2025 and unregistered. RESPRAYED, now yellow, with Airlift air suspension fitted. The cheapest of the eight
Jul 2025Collecting Cars$121,000Sold
SOLD. 18 Jul 2025, Coomera QLD, 32,904km indicated and not warranted, F1, Hong Kong-delivered, complied Nov 2024. RESPRAYED - left the factory Giallo Modena and is now red. Belts done Mar 2025
Nov 2024Collecting Cars$135,000Sold
SOLD. 19 Nov 2024, Malaga WA, 47,178km, F1, AUSTRALIAN-DELIVERED, second owner since 2011, factory Challenge grille. Timing belt, water pump and heat exchanger done Mar 2023. The other car never recoloured
Apr 2024Collecting Cars$147,000Sold
SOLD. 3 Apr 2024, Kemps Creek NSW, 63,065km, F1, UK-market, nine years with the seller. Cabin retrimmed, aftermarket exhaust, 19-inch replacement wheels. The dearest F1 in the set and one of only two never recoloured
May 2023Collecting Cars$121,000Sold
SOLD. 24 May 2023, Carramar WA, 35,750km, F1, UK-market, imported 2010-11, Challenge Stradale stripe fitted. Belts done Feb 2017
Nov 2022Collecting Cars$236,200Context, excluded
SOLD but excluded from this record. 10 Nov 2022, Schofields NSW, 38,471km, GATED SIX-SPEED MANUAL - not the F1 transmission this record describes. Australian-delivered, 11 years with one owner, Rosso Corsa over Cuoio Naturale, service book stamped from 1,171km in 2004. 80 per cent above the F1 cars
7 completed Australian sales of 8 rows. Rows marked asking, no sale, or context are shown for honesty but do not count toward the evidence grade: an ask is not a transaction, a pass-in is a refusal, and a provenance or overseas result does not price the ordinary local car. The badge on every row is computed by the same rule as the grade, so the two cannot drift apart.

Published calls on this car

1 prediction on this model is live and unresolved, published before the hammer and graded against it afterwards, alongside 1 that has already been settled.

Open2026-10-02
Awaiting the hammer.
Called
$165,000
Line ball2026-09-03
Sold $127,500 at Werribee, Victoria, verified. The call was 9.8 per cent low, a line ball by two tenths of a point, and $500 above the top of its own band.
Called
$115,000
made $127,500 (+9.8%)

Score breakdown

Against the over $100k band median
104 cars in band · ink tick marks the median
Ownership economics30% of total
55/100-14
Scarcity25% of total
62/100-3
Demand durability20% of total
62/100-16
Liquidity15% of total
44/100+12
Risk resilience10% of total
36/100+2
Sub-scores run 0-100 before weighting; the weighted total is 55/100. Medians are computed live from the 104 cars currently in the over $100k band, so this picture moves when the library does.
The working behind each factor: baseline and drivers ↓
Ownership economics30% weight
55/100
Baseline80 pts
− 8.9% of value a year to run-25 pts
Sub-score (baseline plus drivers, clamped 0-100)55 pts
Scarcity25% weight
62/100
Baseline50 pts
+ 320 estimated AU survivors, manual gated-shift cars a small minority+12 pts
Sub-score (baseline plus drivers, clamped 0-100)62 pts
Demand durability20% weight
62/100
Baseline48 pts
+ Entry-level Ferrari V8 with the last widely available manual gearbox+14 pts
Sub-score (baseline plus drivers, clamped 0-100)62 pts
Liquidity15% weight
44/100
Baseline32 pts
+ Active collector demand, 46 days on market+12 pts
Sub-score (baseline plus drivers, clamped 0-100)44 pts
Risk resilience10% weight
36/100
Baseline40 pts
− F1 paddle actuator wear a known issue, manual gearbox avoids it entirely-4 pts
Sub-score (baseline plus drivers, clamped 0-100)36 pts
Model output, not advice or a valuation. Verify independently before acting.

What it costs to own · about 2,500 km a year

Annual cost of access, excl. fuel
$10,650a year
Share of value per year
8.9%
Scheduled servicing$3,20030%
Tyres, annualised$1,65015%
Registration and CTP$8008%
Insurance$2,60024%
Sinking fund (failure table)$2,40023%
All-in annualised (a different number)
Purchase (model value plus duty)$124,800
Running costs × 5 years$53,250
Median exit, net of selling cost$100,545
All-in annualised over 5 years$15,501/yr
Share of value per year12.9%
Cost of access is what the car costs to run. All-in annualised adds depreciation, duty and selling costs across a five year hold. They answer different questions and are labelled separately for that reason.
Break-even appreciation, 5 year hold
8.8%a year, only to get the money back
This library projects
-2.9%a year
The projection falls 11.7 points a year short of the hurdle. On these assumptions this car is a cost, not an asset, which can be an entirely rational thing to buy but should be bought knowing it.
Purchase$120,000
Stamp duty$4,800
Running costs x 5 years$53,250
Selling cost at exit, 2.8% of the salescales with price
Sale price needed at +5 years$183,085
Storage
Bought at
No forecast is used to compute the hurdle. It is the purchase, the duty, any premium and 5 years of running cost, grossed up for the cost of selling and spread back over the hold. The projection it is measured against is the weakest number in this product and is drawn that way in the chart above. Transport, finance and any restoration spend sit outside it.

Specification

Engine3.6L NA V8
Power / torque298 kW / 373 Nm
0-100 km/h4.5 s
Transmission6sp manual/F1 paddle
DriveRWD
Kerb weight1,390 kg
Built worldwide17,000
Delivered to Australia480
Effective AU survivors320
Australian sales / year26
Typical days on market46 days
Launch price$358,000

What moves the price on this model

Colour hierarchy
Rosso Corsa+5%
Giallo Modena+6%
Nero-1%
Options
Six-speed gated manual+45%
Challenge grille and shields+2%
Daytona seats+3%
Odometer sensitivity±3.2% per 10,000 km vs 50,000 km
Applied on top of these

Condition, history, originality, ownership, delivery and modification multipliers apply to every car in the library. They are applied automatically when an advertisement is analysed, and the schedule is set out once, on the analyser page.

Projected value in five years

Projected value at five years
$103,845
-13.5% on today
The model's figure. Today it is $120,000.
Even odds it lands between $93,826 and $114,273.
$84,797 lowhigh $123,671
The shaded range is even money and 22% wide; the outer figures bound eight outcomes in ten. Band width follows the evidence - a model with a tight measured record carries a tight band.
A weaker five year outlook than 88% of the library.
-26.6% weakest projected move in the librarystrongest +73.1%
Five-year cost of ownership
Value change alone: -$16,155 across five years.
Running costs over the same period: $53,250.
Duty and expected selling costs: $8,100.
Net cost of five years of ownership: $77,505, or $15,501 a year.
The projected value fall is added to the running cost. Depreciation is the larger number here.

The case for and against

The case for

One of the last Ferrari V8s widely available with the traditional gated manual gearbox, and values are up about 30 per cent since 2016 as manual examples become genuinely scarce, though 30 per cent off the 2024 high. It remains the most attainable entry point into mid-engine Ferrari V8 ownership.

The case against

Cambelt service intervals and clutch work are genuinely expensive on the mid-mounted V8, and F1 paddle-shift actuator wear is a known issue on the majority of the fleet that skipped the manual gearbox. Specialist Ferrari servicing is close to mandatory. Prices are easing internationally at about 6.6 per cent a year even as clearance improves, and the gearbox splits the model in two: the paddle-shift cars that make up most of the production are a different proposition from the manual, and a single figure describes the F1 car.

Known faults and risks

Risk 1Cambelt service interval compliance critical
Risk 2F1 paddle actuator wear (non-manual cars)
Risk 3Specialist Ferrari servicing network
Cambelt service$3,800
F1 actuator replacement$4,200
Clutch replacement (manual)$5,500

Similar cars, and what they cost to run

Evidence behind this valueMeasured · 7 recorded sales
Carried value
$120,000
Historical price
2016 · $82,0002026 · $120,000
Measured
Multiple recorded transactions plus an aggregate source. Treat the level as reliable.
Revalued September 2026, $106,000 to $120,000, and the call that prompted it was graded before the number moved

A 2002 Spider F1 made $127,500 at Werribee on 11 September against a published call of $115,000 - a line ball at 9.8 per cent low, two tenths of a point off a miss, and $500 above the top of its own band.

Read the rest of the evidence notes (12 more)
The error was in this record rather than in the judgement over it,

Which is the opposite of what the 930 Turbo taught this desk four days earlier. Indexed to 2026 and normalised to 50,000 kilometres, the seven counted Modena coupes median $120,000. The value was being carried at $106,000, thirteen per cent under its own evidence, and the call went out at $115,000 - already eight per cent above the record and still not far enough, because the base it was reasoning from was low. A judgement overlay cannot rescue a carried value that is wrong in the same direction.

The Spider is one observation and it does not get a line

Normalised it is $128,800, about seven per cent over the coupe median, which is the right shape for an open car and is exactly the sort of single point this desk built the 456 GTA call on and missed by 37 per cent. It is recorded as a marker. A Spider line needs three or four before this record will carry one, and until then a Spider is priced as a coupe with the gap stated.

Eight Australian lots on a record that had none, and the gearbox is the headline

A 2004 Modena with the GATED SIX-SPEED MANUAL made $236,200 at Schofields NSW in November 2022 - Australian-delivered, 38,471 kilometres, eleven years with one owner, a service book stamped from 1,171 kilometres in 2004 through to 2022.

The seven F1 cars run $96,000 to $147,000

That is a manual premium around 80 per cent, and it is the same shape this library measured on the Honda NSX: the manual is a collector item and the paddle car is transport.

The manual is excluded from the fit

And this record describes the F1, which is what almost every Australian 360 is.

The F1 fit

Seven results, minus 3.2 per cent per 10,000 kilometres on distance alone, R-squared 0.11 - which is to say distance explains almost nothing. Adding date lifts it to 0.31 and returns MINUS 7.2 PER CENT A YEAR, and date and distance correlate at only plus 0.32 here, so the two separate cleanly and the time trend is real. Fitted to 50,000 kilometres in August 2026 the answer is $106,000.

The value moves $165,000 to $106,000
What actually sorts these cars is paint

The two dearest are the two that have not been recoloured - $147,000 for a UK-market car with a retrimmed cabin and $135,000 for an Australian-delivered second-owner example.

The four cheapest have all been resprayed,

And the two cheapest of those were both changed OUT of Giallo Modena: $103,000 for a car refinished to Bianco Avus and $96,000 for one taken to red, both originally yellow. A 360 that has left its factory colour is worth roughly 20 per cent less than one that has not, on this sample.

Expected distance was also wrong

This record assumed 90,000 kilometres and the eight cars average 51,498. It is now 50,000, which is where the market actually is, and the coefficient is 3.2.

Provenance runs the other way from the 550 Maranello in this library

Five of the eight are UK or Hong Kong cars complied here and they do not trade at the discount the 550 shows - the dearest F1 in the set is a UK car. Read that as a warning against carrying the 550's provenance finding across to other Ferraris without testing it.

The Werribee Spider has been moved out of this record

Its row opened by saying it was the first Spider in an entry otherwise built entirely from Modena coupes, which is an argument for it being somewhere else, and on 28 September 2026 it went to the 360 Spider record where the other six Spiders live. This entry keeps the eight coupe results it was built on and loses the $127,500 that was pulling its normalised distribution.

This page prices the model.
The report prices the car in the advertisement.

Send the link. A person reads the advertisement and its photographs and sends back what that Ferrari 360 Modena is worth, what to offer and when to walk away, with five years of costs at the distance you drive.

Read a real listing report

Backed by 7 recorded Australian sales of this model. Read a complete one on a real car first. Seventeen sections, no account, nothing to pay.

This model, today$120,000
Half of sales are further out than$13,415
The report$249
54×
the price of the report: what half of real sales of this model sit further from this page's number than, on this car
Watch this model
Told when the next one is called.

One line of email when this desk publishes a call on a Ferrari 360 Modena, or records a new Australian sale of one. Nothing else, no schedule, and on a quiet model you may hear nothing for months, which is itself worth knowing about a car you are chasing.

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360 for sale?Priced by a person, $249