2004 Ferrari 360 Overview, Reviews, Ratings & Specs

The 2004 Ferrari 360, a successor to the F355, marked a new era with its all-aluminum space frame. Available as a coupe (Modena) and convertible (Spider), it was produced from 1999-2005. Key trims include the base Modena, Spider, and the higher-performance Challenge Stradale. New prices ranged from $140,000-$170,000. Its blend of stunning design, powerful V8 engine, and improved usability made it a popular and iconic Ferrari.
The Good
The 2004 Ferrari 360 boasts thrilling performance from its V8 engine and responsive handling. Its iconic design evokes emotion, while improved reliability compared to previous Ferraris appeals to practical buyers. While not the most efficient, its relative comfort and potential appreciation in value are further advantages.
The Bad
Potential weaknesses of the 2004 Ferrari 360 include sticky interior trim, which is a common issue. Clutch wear can be significant, especially with the F1 transmission. Regular maintenance is crucial and can be expensive. Check for evidence of neglect or deferred maintenance, and inspect the exhaust manifolds for cracks.
2004 Ferrari 360: Quick Overview
- Engine Options: 3.6L V8
- Horsepower: 400 hp @ 8500 rpm
- Torque: 275 lb-ft @ 4750 rpm
- Fuel Economy: Approximately 11-13 mpg city / 16-18 mpg highway (varies depending on driving style and transmission)
- 0-60 mph: Approximately 4.5 seconds (manual) / 4.2 seconds (F1)
- Towing Capacity: Not applicable
- Trim-Level Features:
- Modena: Standard features include leather interior, automatic climate control, power windows/locks, CD player, and anti-lock brakes.
- Spider: Adds a power-operated convertible soft top.
- Challenge Stradale: Focused on track performance with lighter weight, more aggressive aerodynamics, stiffer suspension, carbon-ceramic brakes, and a quicker F1 transmission. It also features unique interior trim and styling.
- Transmissions: 6-speed manual or 6-speed F1 automated manual
- Brakes: Brembo disc brakes with ABS
- Suspension: Independent suspension with coil springs and electronic dampers.
- Wheels: 18-inch alloy wheels
- Interior: Leather seats, leather-trimmed dashboard and door panels, aluminum trim.
2004 Ferrari 360 Specifications
Vehicle Information
Year | 2004 |
Make | Ferrari |
Model | 360 |
Trim | - |
Style | - |
Type | Coupe |
Category | Sports Car |
Manufacturing Details
Made In | Italy |
Manufacturing City | MARANELLO |
Dimensions
Doors | 2-Door |
Curb Weight | 2822 pounds |
Gross Vehicle Weight Rating | - |
Overall Height | - |
Overall Length | - |
Overall Width | - |
Wheelbase Length | - |
Standard Seating | - |
Engine & Performance
Engine | 3.6-L V-8 Gasoline |
Engine Size | 3.6L |
Engine Cylinders | 8 |
Transmission | 6-Speed Automatic |
Transmission Type | Automatic |
Transmission Speeds | 6-Speed |
Drivetrain | Rear-Wheel Drive |
Additional Features
Anti-Brake System | - |
Steering Type | - |
Pricing
Manufacturer Suggested Retail Price (MSRP) | $187,124 |
Invoice Price | - |
Delivery Charges | $1,350 |
Vehicle History Report
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Analysis
Analysis
What Problems Does the 2004 Ferrari 360 Have?
Frequently reported problems for the 2004 Ferrari 360 often revolve around its age and the high-performance nature of the vehicle. "Sticky interior trim" is a common issue where the coating on interior plastic components deteriorates, becoming tacky. Clutch wear, particularly in models equipped with the F1 transmission, is another significant concern due to the automated manual's tendency to slip the clutch during low-speed maneuvers. Exhaust manifolds are prone to cracking, necessitating expensive repairs. Oil leaks can develop over time, particularly from seals and gaskets. While the 360 is generally considered more reliable than earlier Ferraris, deferred maintenance can lead to a cascade of problems. Recalls have been issued for various reasons, including potential fuel leaks. Long-term reliability concerns center on the cost of maintaining a high-performance Italian sports car, including specialized parts and labor. Pre-purchase inspections by qualified Ferrari technicians are highly recommended to identify potential issues before purchase. Specifically, check the condition of the timing belts, as preventative replacement is essential to avoid catastrophic engine damage. While not specific to the 2004 model year, these issues generally persist across the 360 production run.
How long will the 2004 Ferrari 360 last?
Given the 2004 Ferrari 360's age, average mileage varies widely, often depending more on collector status than daily use. Well-maintained examples might have around 30,000-60,000 miles. Years of service heavily rely on diligent maintenance. Long-term durability is generally good if properly cared for, but neglect can lead to costly repairs. Weaknesses over time include wear on bushings and suspension components, degradation of rubber seals, and potential electronic issues. Regular servicing, including fluid changes and inspections, is critical to ensuring longevity and preventing major problems.
What Technology & Safety Features are Included?
The 2004 Ferrari 360's built-in tech and features are relatively basic by modern standards. The entertainment system typically consists of a CD player and radio. There are few driver-assistance features, focusing instead on providing a pure driving experience. Safety features include anti-lock brakes (ABS), dual front airbags, and traction control. Optional features included a premium sound system and a CD changer. The 360 lacks modern infotainment systems, navigation, and advanced driver-assistance systems (ADAS) like lane departure warning or adaptive cruise control. Its safety is primarily dependent on the driver's skill and the car's inherent handling capabilities. Crash test ratings were not commonly performed or made publicly available for low-volume sports cars like the 360. The emphasis was on performance and driving dynamics rather than cutting-edge technology. The F1 transmission, while a technological advancement at the time, requires careful maintenance and can be a source of complexity. Overall, the 360's appeal lies in its raw driving experience and connection to the road, rather than sophisticated technology. Technology in the car is fairly dated but simple, and is also prone to failure due to old age. For example, it is not uncommon for the radio to die or the CD player to jam.
What Colors Options are Available?
Exterior Colors
Rosso Corsa
Giallo Modena
Blu Tour de France
Argento Nrburgring
Nero
Grigio Titanio
Rosso Barchetta
Grigio Alloy
Bianco Avus
Nero Daytona
Interior Colors
Crema
Nero
Cuoio
Rosso
Blu Scuro
2004 Ferrari 360 Prices and Market Value
When new, the 2004 Ferrari 360 Modena ranged from approximately $140,000 to $170,000, with the Spider commanding a premium. Current used market prices typically range from $70,000 to $130,000+, depending on condition, mileage, and specifications. Depreciation has occurred, but the 360 is now considered a classic and values are relatively stable or even appreciating. Factors affecting resale value include mileage, condition, service history, original options, and whether it's a manual or F1 transmission (manuals often command a premium). Low-mileage, well-maintained examples in desirable colors tend to fetch the highest prices.
2004 Ferrari 360 Cost of Ownership
The 2004 Ferrari 360 is definitely costly to own. Insurance premiums are high due to its value and performance. Fuel costs are significant given its fuel economy. Maintenance, including specialized servicing and parts, is expensive. Unexpected repairs can be very costly. Long-term ownership requires a dedicated budget for upkeep. It's not an economical choice; owners should be prepared for substantial running costs. Regular maintenance is key to mitigate future catastrophic repairs.
2004 Ferrari 360 Fuel Efficiency
Fuel Type
Gasoline (Required)
Fuel Capacity
25.1 gallons
City Mileage
10 miles/gallon
Highway Mileage
15 miles/gallon
2004 Ferrari 360 Safety Rating
NHTSA
IIHS
2004 Ferrari 360 Warranty
Basic
Original warranty
0 months / No data
Estimated remaining
Expired
Powertrain
Original warranty
0 months / No data
Estimated remaining
Expired
Rust
Original warranty
0 months / No data
Estimated remaining
Expired
2004 Ferrari 360 Insurance
Insurance for a 2004 Ferrari 360 is moderately priced, reflecting its status as a Coupe with strong safety ratings and
reasonable repair costs.
reasonable repair costs.
How Does the 2004 Ferrari 360 Compare to Other Coupe?
The 2004 Ferrari 360 competes with cars like the Porsche 911 Turbo (996 generation), Lamborghini Gallardo (early models), and Aston Martin DB9. In terms of performance, the 360 offers a similar exhilarating experience to the Gallardo, with both boasting powerful V8 engines. The 911 Turbo provides comparable performance with all-wheel-drive traction. The DB9 offers a more luxurious grand touring experience. Features-wise, the 360 lags behind the 911 Turbo in terms of available technology and driver aids. Reliability is a mixed bag; the 360 is generally considered more reliable than earlier Ferraris, but the 911 Turbo is known for its robust build quality. Price-wise, used examples of these cars can be similarly priced depending on condition and mileage. For similar alternatives, consider the Audi R8 (first generation) for a blend of performance and usability, or a later-model Porsche 911 (997 or 991) for improved technology and reliability. The Lamborghini Gallardo is also a very similar car for a similar price point and driving experience. Ultimately, the choice depends on individual preferences: the 360 offers a classic Ferrari experience, while others may prioritize different aspects like reliability or modern features. The 360 offers a raw and visceral feel to driving that the Porsche 911 Turbo cannot match.
Ranks #400 Coupe
1 | 2023 Toyota GR Supra | (0.0★) |
2 | 2023 Lexus RC F | (0.0★) |
3 | 2011 Honda CR-Z | (5.0★) |
4 | 2023 Subaru BRZ | (5.0★) |
5 | 2011 Mazda RX-8 | (4.0★) |
6 | 2024 BMW 4 Series | (0.0★) |
7 | 2022 Mercedes-Benz C-Class | (4.0★) |
8 | 2014 Ford Mustang | (5.0★) |
9 | 2023 Audi A5 Cabriolet | (0.0★) |
10 | 2023 Nissan GT-R | (0.0★) |
11 | 2015 Hyundai Veloster | (0.0★) |
12 | 2008 Chevrolet Corvette | (5.0★) |
400 | 2004 Ferrari 360 | (0.0★) |
Final Verdict: Is the 2004 Ferrari 360 a Good Coupe?
The 2004 Ferrari 360 is ideal for enthusiasts seeking a classic Ferrari experience with a blend of performance and iconic styling. It's worth buying if you're prepared for the higher running costs associated with owning a high-performance Italian sports car. Opt for well-maintained, low-mileage examples with a documented service history. Manual transmission models are often more desirable. A pre-purchase inspection by a qualified Ferrari technician is essential. It's not a daily driver for the budget-conscious but a rewarding weekend or special occasion car for those who appreciate its heritage and driving dynamics. Avoid neglected or poorly maintained examples at all costs.