3 min
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December 18, 2024 | Katherine McDonald

A Closer Look: The Ferrari 360 Spider

3 min

The 360 Spider is Ferrari’s 20th road-going convertible and is a record breaker in two quite different ways.

Katherine McDonald
December 18, 2024

THE FERRARI 360 SPIDER

The 360 Spider is Ferrari’s 20th road-going convertible and is a record breaker in two quite different ways. It was also the best spider ever built at Maranello pre-2000 in terms of its technical content, styling and performance. Powered by the same 3.6L V8 engine as the Modena, producing 400hp, the Spider’s engine benefits from larger side air intakes for increased airflow, with the intake manifolds repositioned for improved efficiency.

STATS

How many Ferrari 360 Spiders were produced?

Between 1999 and 2004, a total of 7,565 Spiders were produced worldwide, with just 2,389 Spiders coming to the US. Of these, just 670 Spiders were produced with a gated 6-speed manual transmission, the remaining opting for the “F1” single-clutch automated transmission.

Recent results for Ferrari 360 Spiders

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Source: Classic.com

How many Ferrari 360 Spiders have sold this year?

As of December 10, 2024, a total of 45 Ferrari 360 Spiders have sold this year. 

What is the record price for a Ferrari 360 Spider?

The current highest recorded public sale of a Ferrari 360 Spider was in August 2023 at RM Sotheby’s Monterey Auction where a 4,454 mile, six-speed 2003 Ferrari 360 Spider sold for $268,800. The current record for the automatic variant, known as the F1, was achieved at Barrett Jackson’s 2022 Palm Beach Auction where a striking yellow 2004 Ferrari 360 Spider sold for $143,000.

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Source: Ferrari

THE 360 SPIDER TODAY

Current Listings

What is the most recent sale price of a Ferrari 360 Spider?

The most recent Ferrari 360 Spider F1 sale at the time of writing was on October 20, 2024 when an original example with 39,000 miles sold on Bring a Trailer for $76,000.

What are the main selling points of the Ferrari 360 Spider?

Powered by a 3.6-liter V8 engine producing 400hp, the Ferrari 360 Spider accelerates from 0 to 60 mph in just 4.5 seconds, offering an exhilarating driving experience. The 6-speed F1 automated manual transmission delivers quick, seamless gear shifts for a dynamic and responsive ride. The lightweight aluminum body ensures agility, while the fully independent suspension system provides exceptional handling and stability. With a mid-engine layout for perfect weight distribution, the 360 Spider offers precise cornering and balance. The convertible top, designed for ease of use, adds to the experience, making every drive an open-air thrill. For those seeking the ultimate blend of performance, design, and exclusivity, the Ferrari 360 Spider is in a class of its own.

What to know before you buy a Ferrari 360 Spider?

Service Records and Maintenance History

  • Consistent maintenance records are important for all Ferrari models, ideally every year 360’s should have maintenance performed.
  • Timing belt replacement is due every 5 years. Ferrari upgraded the timing belt material to a Teflon coated type, this increased the service interval, previously it was every 3 years.
  • Clutch wear percentage, anything above 80% worn may cause some drivability problems.

Convertible Top Condition and Function

  • Leaking hydraulic lines/cylinders and/or worn elastic straps. Some indications would be if the convertible top is operating slow or binds.

Interior Trim and Buttons

  • Coating material becomes soft and sticky.