2002 Ferrari 360 Spider Manual

A rare manual gearbox car, this Ferrari 360 Spider was first registered on the 14th of June 2002. Showing just four previous keepers, it is finished in Grigio Alloy with a contrasting dark blue folding roof and benefits from a Challenge grille and an expensive Capristo stainless steel exhaust.

Freshly MOT’d and serviced, Keys Motorsport of Silverstone also fitted new cambelts, pulleys and coil packs. Complete with a comprehensive recent condition report from marque experts Verdi for Ferrari, it is now running beautifully, so beautifully in fact that we drove it back from their workshop to The Market’s HQ near Abingdon – and enjoyed every single mile…

But, best of all, the vendor is so confident in the quality of his car – and the ability of you lot to spot a good ‘un – that he’s offering it with no reserve, so it’s going to sell no matter what!

The Grigio Alloy coachwork looks terrific. Infinitely more interesting than the more usual red or silver, it gives the 360 a gravitas that many others lack. It’s got great shutlines too, plus very good panel alignment and a distinct lack of the sort of ripples and dinks that many abused examples have.

The folding roof is weathertight and fits well; having driven both coupés and convertibles, we are firmly of the opinion that the soft-top is the way to go if for no other reason than it gives you a vastly nicer noise as you’re threading your way along your favourite country lane. This example is fitted with a wind deflector too, a small thing but one that makes a massive difference to the wind buffeting in the cockpit.

The Challenge grille looks terrific and allows a glimpse of that epic V8 engine and the Capristo exhaust. Other lovely features include the iconic clear engine cover, which draws admirers on even the briefest of stops and a gorgeous alloy fuel filler cap that will give you a little thrill of pleasure whenever you open the flap.

And that Grigio Alloy paintwork shines nicely and while there are a few minor scuffs, these are restricted to the corners of the front and rear bumpers; if it were ours we’d be tempted to have both resprayed to bring them up to the same high standard as the rest of the car. But, the vendor tells us that he believes the paintwork is original, although we suspect the front bumper has been painted, which is why he’s left it for the new owner to decide in which direction to take it.

The five-spoke 18-inch alloy wheels look terrific with only minor scuffs to their rim. The tyres they’re shod with have good tread although we can see that a keen driver might like to replace them with some matching high-quality alternatives.

Other problems, aside from the usual stonechips and minor marks that any car will collect, seem to be limited to the roof which has a few small wear tears in it. The rear window is also coming away on the offside edge too; these flaws might be repairable but neither seems to have affected the car’s weather-resistance for now.

Some of the alloy trim shows some surface corrosion too but this would be easy to resolve as and when funds and motivation collide. However, the corrosion at the bottom of the driver’s door, under the offside mirror, and on the leading edge of the bonnet might need more intrusive work.

The Blue Scuro hide interior, with its contrasting white stitching, wears its years well: the seats, for example, are still firm and supportive and look terrific. The matching leather door cards and dashboard are in good shape, as are the carpets and trim panels.

The iconic metal gate, with its alloy gear knob, is an integral part of the Ferrari legend – and the fact that this example has the rare and much sought-after manual gearbox is not a feature to be overlooked.

There are matching alloy sill plates too, as well as a passenger footrest; the overall effect is distinctly premium yet sporting.

Problems? Well, while they’re few in number we can see the new owner might like to get a specialist to recolour the outer edge of the driver’s seat. You might like them to take a look at the steering wheel too as that’s a little patinated.

Oh, and the front boot is a little damp. The seals look okay to us, but the car was outside during the recent torrential rain, so it might just be a one-off. The carpet in there has seen better days too, so you might like to consider getting that retrimmed after you’ve traced the cause of the damp.

Better news comes with the fact that the leather case and tool kit is present and correct; these often go missing as previous owners decide to hang on to them as a souvenir, so its presence in a welcome touch.

The engine bay looks wonderful, of course; with those twin red valve covers, alloy details and well-manicured appearance it is every inch the Ferrari engine bay you want to see in your new toy.

It sounds great, too. The V8 engine wails and the Capristo stainless steel exhaust, which would set you back the thick end of £3,500 should you want to fit one, lifts the auditory experience from wonderful to epic.

Recent work includes more than £5,500 invested in a service, new cambelts, tensioners, and coil packs plus some miscellaneous stuff like track rod ends.

Its MOT expires in August 2021 and while it passed first time the tester did note a few jobs we can see the new owner might like to get sorted out.

The underside looks to be solid and strong but there is some scuffing and superficial damage to the leading edge of the undertray.

Sadly, the Ferrari comes with little history bar a stamped service history booklet, a condition report from Verdi for Ferrari, a recent HPI report and the V5 registration document.

The service history booklet shows the following services:

• 09.10.2003 and 4,854 miles - service by H.R. Owen of London

• 24.02.2005 and 8,051 miles – service by H.R. Owen of London

• 01.12.2005 and 8,868 miles – service by Stratstone of Manchester

• 19.05.2006 and 9,270 miles - service by Stratstone of Manchester

• 21.03.2007 and 11,165 miles - service by Stratstone of Manchester

• 27.05.2008 and 15,851 miles – service by Q.V. London, independent Ferrari specialists

• 19.08.2010 and 24,122 miles - service by Q.V. London, independent Ferrari specialists

• 04.10.2013 and 35,010 miles - service by Q.V. London, independent Ferrari specialists

• 07.09.2020 and 58,164 miles – service, cambelt, tensioners, spark plus, and coil packs by Keys Motorsport of Silverstone

Please visit the documents section of the gallery of this listing where you will find photos of this and other paperwork to support our claim that this car has been maintained to a good standard.

If you’d like to inspect the car prior to placing a bid – something we would encourage – then please use the Contact Seller button to arrange an appointment. 

It might be a well-worn cliché that every petrolhead should own a Ferrari at some point in their life but clichés become so for a reason and this delightfully specified, largely original, manual Ferrari 360 would make an ideal introduction to the marque.

As a modern classic and probably the first Ferrari to embrace technology to control things like the engine power curve, gearbox shift points (in the F1) and even the ride, the 360 balances the analogue nature we all love in our classic cars with a level of reliability, performance and safety that would have been unheard of even a decade previously.

This makes them a very attractive proposition for the discerning enthusiast who wants to experience an old school supercar but doesn’t want to compromise their driving pleasure or the car’s everyday usability to get it.

And, its guide price of somewhere between £43,000 and £50,000 reflects the need for some further cosmetic and mechanical fettling, work that will, of course, add value with every step you take. The owner’s pragmatic approach to his car’s value means this won’t be an expensive way of getting behind the wheel one of the most timeless, elegant, and thrilling modern Ferraris, either.

Plus, as we mentioned earlier, it’s being offered with no reserve so will sell from the very first bid so you might be able to snaffle a genuine bargain…

Viewing is always encouraged, and this particular car is located with us at The Market HQ near Abingdon; to arrange an appointment 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, or try our ‘Frequently Asked Questions’.