2001 Ferrari 360 Modena

This vehicle is an early, 2001 model 360 Modena sporting a highly desirable manual gearbox. It was first registered in the UK in May 2001 and with a mileage of just under 27,000 it has barely covered a thousand miles a year across its life.

Across eight owners it has spent a little time off the road, in the early and late 2010s, but returned to more regular use in 2022 and came to its current owner in early 2023. Since then it’s covered around 2,500 miles in the past 12 months without skipping a beat.

The service book – still at home in its leather wallet – has been stamped annually, with frequent belt changes including the most recent in April 2022. Its most recent MOT was earlier this month, along with an annual service, and it presents in wonderful condition inside and out – in classic Rosso Corsa paint.

Carefully stored in a garage, the 360 has been an itch scratched for the current owner, who’s looking to replace it with another Ferrari in due course.

A shock at the time – with no side strakes, and no front grille – the 360 has very much grown into its looks and is well on its way to becoming a bona fide classic two decades on.

Certainly it has plenty of road presence, especially in this Rosso Corsa paint which looks to be almost completely flawless from nose to tail, even on the areas that are usually magnetic to stone chips: the nose, door mirrors, wheel arches and roof leading edge. We couldn’t find a single nit to pick anywhere on the paint, and the panels all appear to be free of anything amiss.

That goes for the glasswork too, with the windows showing no signs of any scratches, scrapes, or other damage. The vehicle lights are all clear of any cracking or discoloration and all appear to work as they ought.

Like the paint code, the 360 sports classic wheels: 18-inch five-spoke alloys. These have been recently refurbished and they are as spotless as you’d expect them to be as a result. Each is shod with a Michelin tyre, with Pilot Sport 3 on the front and Pilot Sport 5 on the back in correct 215/45 and 275/40 sizes respectively and with plenty of remaining tread. In a nice touch, there’s red valve caps sporting the cavallino rampante.

There’s also a car cover available with the vehicle.

Again this is a very wisely specified cabin, with black leather seats reminiscent of Italian sports cars of old rather than more showy tan or cream, although with body colour contrast stitching.. 

The condition of the seats themselves is commensurate with the car’s mileage, in that you’d barely know they’d been occupied. There’s some creasing on the driver’s side seat bolsters – on the exit/entry side, of course – but nothing approaching damage. We did spot some lifting of the material around the prancing horse embossing on the headrest.

Moving round the cabin we see the steering wheel looks in excellent shape, and all of the instruments are clear and functional. The dash upper, matching the seats with its red-stitched black leather, is in great condition too, and this continues onto the door cards.

There’s a non-standard head-unit, with an Alpine CDE-173BT “face-off” unit that offers some more audio connectivity options as well as mobile phone compatibility – a small mic is placed unobtrusively alongside the steering column. That is, as far as we can tell, the only modification to the car on the inside.

The Modena sports red carpets throughout, which all look to be in great condition too, including the luggage area behind the seats. There are matching protective mats in the footwells, along with some sturdy aluminium pedals and a kickplate on the passenger side.

Of course the party piece here is the open H-gate shifter, which very much draws attention to the centre of the cabin, and this is almost factory fresh condition. The various buttons and switches around the cockpit all operate as they ought, with a few scuffs on regularly used items – and a handful around the ignition too.

Under the nose you’ll find a decent storage space – there’s actually more room here, at 220 litres, than in the boot of the current MINI – as well as the tool bag. It looks barely used for the most part.

That 3.6-litre five-valve engine starts up on the first turn of the key with no fuss or complaints. It only makes the good noises of flat-plane crank V8 – and there’s a lot of them! No doubt that’s enhanced by a rather striking Capristo aftermarket exhaust system.

That settles down quickly to a solid idle with no hunting or sputtering, and – aside from plenty of condensation on a cold January morning! – there’s no obvious smoking.

At gentle manoeuvring speeds there’s no complaints from any of the vehicle mechanicals, and the gearbox slots between first and reverse with no bother. The brakes and suspension all appear fine with no clunks, creaks, or groans, and the current owner has no complaints about how it drives on longer trips out and about.

Of course the engine bay is fully visible beneath the rear glass, and as you can see it’s in beautiful condition, and we can’t pick up any hints of leaks or drips anywhere. It’s a similar story underneath, which looks clean, straight, and undamaged aside from a small scuff on the offside front edge.

There’s a weighty folder with the Modena showing a considerable number of invoices for scheduled work as well as action on some niggles here and there – with the car clearly wanting for nothing across its owners.

A well-stamped service book is included, which shows a recent annual service and MOT which is valid until January 2025. The service history highlights are as follows:

7th August 2002 (4,969 miles) - annual service at Graypaul Nottingham

10th December 2002 (7,753 miles) - service at Graypaul Nottingham

Date unknown (8,332 miles) - annual service at JCT600 Brooklands Leeds

24th January 2005 (13,416 miles) - annual service at Graypaul Nottingham

7th March 2006 (14,519 miles) - annual service at Graypaul Nottingham

12th August 2009 (15,179 miles) - cambelts at Graypaul Nottingham

18th October 2011 (15,536 miles) - annual service at Graypaul Nottingham

14th January 2015 (15,697 miles) - annual service and cambelts at Graypaul Nottingham

27th April 2016 (19,649 miles) - annual service at Graypaul Nottingham

17th July 2017 (21,508 miles) - annual service at Graypaul Nottingham

16th May 2018 (22,649 miles) - annual service at Graypaul Nottingham

29th May 2018 (22,656 miles) - cambelts and clutch at Graypaul Nottingham

14th May 2019 (23,349 miles) - annual service at Graypaul Nottingham

21st April 2022 (23,547 miles) - cambelts

24th January 2023 (24,224 miles) - annual service

12th January 2024 (26,772 miles) - annual service

You’ll also find some MOT certificates in the history, and the digital record shows one blip in that 2011-2015 period where it wasn’t used which required some new tyres to recommission it for road use. And a front plate!

The Ferrari 360 in general is becoming a much more appreciated classic car as time goes by. It certainly rejuvenated the brand when it launched, bringing more technical wizardry to a car that remained analogue, and a dose of practicality and reliability to what was clearly still a Ferrari.

As well as boasting that highly desirable manual gearbox, this example is a very well-kept, enthusiast-owned vehicle with low mileage and a very smartly selected specification. It’s a perfect way to pick up a new toy ready for the summer show season without any prep needed.

We are happy to offer this vehicle for auction with an estimate in the range of £80,000 - £90,000.

Viewing is strongly encouraged, and this lot is located with the vendor in Hillam, North Yorkshire. Viewings are strictly by appointment.  To make a booking, please use the Contact Seller button at the top of the listing. Feel free to ask any questions or make observations in the comments section below, and read our ‘Frequently Asked Questions’.