Find or Sell Used Cars, Trucks, and SUVs in USA

2001 Ferrari 360 Spider Convertible 2-door 3.6l on 2040-cars

US $81,500.00
Year:2001 Mileage:37838
Location:

Medicine Hat, Alberta, Canada

Medicine Hat, Alberta, Canada
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Please have your financing set up before bidding!

Immaculate Condition 2001 black F1 360 spider for sale. The car does have higher miles for a Ferrari but don't let that scare you away. Ferrari says "To be honest the more the cars get driven the better they work. The seals will tend to leak less and the electrical system has less “glitches” as the voltage in the battery stays above 10 volts." This car has no dents, major scratches, dings or blemishes of any kind. Interior has normal wear but is in excellent condition as well. I have invested over $30,000 in the car in the last year and a half and comes with a clean Car Fax report.

In 2010 the Timing belts, clutch, F1 actuator and brake pads were all done at 32,208 miles.
In 2013-All work and new parts include: New ball joints, tie rods and wheel alignment, front wheel bearings, release bearing and seals, transmission mount, door check straps, headlight ballast, cloth convertible top, carbon fiber shields, battery tender, 3M protection (full hood, fenders, mirrors, bumper, wheel openings, and rocker panels), smoked headlights, black and chrome center caps, Ferrari seat belt shoulder pads, custom Ferrari floor mats, Pirelli tires with new 19" rims off a 430 that were custom painted to a matte black finish with clear coat. New stereo system with upgraded Pioneer CD/MP3/USB head unit with Lightning Audio component speakers, 800W Amplifier and 10" sub sitting in a custom made and interior matching leather wrapped sub box. (System sounds Amazing!) Re-finished front bumper with new paint and mounted skid plates. Full service done in 2014.

Currently 60% left on the clutch, approx. 70% tread left on the Pirelli Tires.

Car was professionally appraised at $95,000.  Appraisal was done prior to having the front bumper re-done for $4800.Car comes with Stock Ferrari Tool Kit and flat tire inflation kit. A Red Ferrari car cover with the black horse on the hood as well as the 3 key fobs (2 black and 1 red) and 2 ferrari keys.  All scheduled maintenance, receipts and Appraisal Report!  As well I will be including my custom made Mens black and white diamond Ferrari ring, 1.8 carats and has a retail value of approx. $6000 dollars.

This car is FAST, FUN to drive and HANDLES like a dream! It turns heads where ever it goes! It will be sad to see her go.

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Fast Porsches and gold BMWs | Autoblog Podcast #548

Wed, Aug 1 2018

On this week's Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by Associate Editor Reese Counts and Contributing Editor James Riswick. The trio discuss driving the BMW X2, the Porsche 911 GT3, the Volkswagen GTI and Autoblog's new long-term Kia Stinger GT as well as a new engine for the Ford F-150. They also reflect on FCA and Ferrari head Sergio Marchionne and what his passing means for the future of those two companies. Autoblog Podcast #548 Get The Podcast iTunes – Subscribe to the Autoblog Podcast in iTunes RSS – Add the Autoblog Podcast feed to your RSS aggregator MP3 – Download the MP3 directly Rundown Cars we've been driving: 2018 Porsche 911 GT3, Volkswagen GTI, BMW X2 and Kia Stinger GT Sergio Marchionne Ford F-150 Mercedes-Benz A-Class Feedback Email – Podcast@Autoblog.com Review the show on iTunes Earnings/Financials Podcasts BMW Ferrari Fiat Kia Porsche Volkswagen Coupe Crossover Luxury Performance porsche 911 gt3 bmw x2

Ferrari investors want assurance on goals, SUVs on eve of vehicle reveal

Mon, Sep 17 2018

MILAN — Ferrari's new boss has his work cut out on Tuesday to convince investors that the supercar maker can hit mid-term targets he described last month as "aspirational." The company's share price slid more than 8 percent on Aug. 1 after Louis Camilleri said he saw "risks" ahead, with investors worrying he may have sought to lower expectations on the targets set by his predecessor, Sergio Marchionne. Former tobacco exec Camilleri was appointed Ferrari CEO in July, succeeding Marchionne, who died from complications following surgery. The sudden change jolted investors who had expected Marchionne to remain as CEO and chairman until 2021, having more than doubled Ferrari's value since taking it public in 2015 and pledged to double core earnings (EBITDA) to 2 billion euros ($2.3 billion) by 2022. It also left Camilleri to finish scripting a strategy to show how the company known for its racing pedigree and roaring combustion engines would shift toward making a sport utility vehicle (SUV) and hybrid cars while increasing shipments without sacrificing its exclusivity. "Investors want to hear whether Ferrari confirm the 2 billion euro figure, which was already seen as ambitious and now somewhat put in question by the new CEO," said Emanuele Vizzini, general manager at Milan-based investment fund Investitori Sgr. "And how they plan to expand the portfolio, including an SUV." 'Nurture what he's found' When Camilleri faces investors at Ferrari's Maranello headquarters on Tuesday he is not expected to stray far from his predecessor's script. Marchionne had orchestrated Ferrari's spinoff from parent Fiat Chrysler, positioned it as a luxury icon rather than a carmaker and managed to do what few thought possible: sail through a self-imposed cap of 7,000 cars a year without sacrificing pricing power or its exclusive appeal. "Ferrari is running almost on autopilot ... Camilleri should not take any risks at this stage but nurture what he's found," said Carlo Gentili, CEO at asset manager Nextam Partners. When Ferrari's share price hit a record high of 129.50 euros in June, the company that sold slightly fewer than 8,400 vehicles last year was worth about 24 billion euros. That is almost as much as Fiat Chrysler <FCHA.MI>, which shipped 4.7 million cars. With profit margins above 30 percent, strong pricing power and a healthy customer waiting list of more than a year, Camilleri inherits a business that is firing on all cylinders.

Ferrari to pay Fiat Chrysler $2.8B prior to spinoff

Sat, 15 Nov 2014

Fiat Chrysler Automobiles is trying to get capital together in a hurry to finance the automaker's growth plans. Among its strategies to raise money, Ferrari will be spun off from the FCA mothership next year with an initial public offering. However, the Italian supercar maker will be a couple billion dollars poorer at the start of its new life.
According to a filing with US regulators obtained by Automotive News, FCA intends to "enter into certain other transactions including distributions and transfers of cash from Ferrari currently estimated at 2.25 billion euros ($2.8 billion)" before it spins the supercar maker off. Those funds might include paying a dividend to investors, and FCA possibly transferring some of its debt to the Prancing Horse.
The Ferrari IPO will likely be in the second or third quarter of 2015, according to Automotive News. Ten percent of the automaker will go onto the public market in the US and possibly Europe too, and 80 percent will be distributed among current FCA shareholders. The other 10 percent is held by co-chairman Piero Ferrari, according to AN.