Manual Converted Ferrari 360 Goes For Record Breaking Sale Numbers
The highest factory manual Ferrari 360 to date on B.A.T. sold for a whopping $153,000 on 9/24/21 with the highest selling manual converted 360 from EAG, selling just a couple months prior in July for $130,000. Now, with this private sale from European Auto Group, everything's changed.
Getting your hands on decent example of a Ferrari 360 or F430 lately has been incredibly difficult. It appears there is a scarce selection at best and the prices are on the up tick.
Due to the ever changing economic climate, people are holding onto their cars and watching the values skyrocket. Either way, there just isn't many on the market that are pristine or "clean" so to say.
Scouring Facebook market place (of all places), we ended up finding an intriguing gated six speed manual Ferrari 360 for sale that was marked "pending" sale. The interesting part was that this 360 for sale was in rare form as it was an all white car with red interior.
There were 17,653 Ferrari 360s made in total, including 1,288 Challenge Stradales from 2000 to 2004. These were relatively high production numbers for an exotic sports car like the 360. Of those, 8,800 360 Modenas and 7,565 Spiders were built over its five year production run. Only 4,199 of the Ferrari 360s were imported into the USA, and 2,164 into the UK.
So, what makes this particular car intriguing? Well, out of the 17,653 cars that were made, less than 2% were made in white and even less came with red interior. Knowing this, we reached out to the seller, and it just so happened to be, the owner of European Auto Group in San Antonio, Texas, Art Bartosik.
We've talked about European Auto Group here before as they are known for converting Ferrari's that roll off the production line in F1 paddle shifts, to a gated six speed manual, and bringing insane value to manual cars. European Auto Group’s work is highly regarded by their clients past, present, and anyone who has been given the chance to drive one of their manual conversions. Randy Pobst can be quoted after driving their converted 430 Scuderia saying, ” It reminds me of the great Ferrari’s we’ve seen since time began”.
Reaching out to Art about the car for sale, we learned quite a bit about the car that grabbed our attention.
The aforementioned car is a white on red Ferrari 360 Modena, that was recently converted from the F1 paddle shift to a gated six speed manual by European Auto Group that was fully serviced with only 12,300 miles.
Art told us that EAG picked up the car in F1 for a little over $105,000, and converted it immediatly upon arrival with the intended plan to turn it around quickly and post it up for sale. The intial plan, he says, was to post it on Bring A Trailer where these cars have been going for a good amount of money as of late. He threw up the car on Facebook marketplace as a "feeler", before putting it on B.A.T., as the process to list for sale on the website takes a little bit of time before it goes live. Art says the car was literally about to go up on auction when he recieved an offer he couldnt refuse, out selling any 360 ever put up on Bring A trailer.
The highest factory manual Ferrari 360 to date on B.A.T. sold for a whopping $153,000 on 9/24/21 with the highest selling manual converted 360 from EAG, selling just a couple months prior in July for $130,000. Now, with this private sale from European Auto Group, everythings changed.
Art tells us that European Auto Group's white Ferrari 360 example has sold for $165,000 to a buyer in Colorado, which sets new records and the bar extremely high especially for converted manual cars. We asked for some evidence and such was provided showing the sale was valid and completed.
Shattering records and selling higher than factory manual cars, European Auto Group has proven time and time again that as long as it's a manual, converted or not, brings a premium. We are looking forward to more of this #savethemanuals campaign by the folks at European Auto Group in Texas.