At a glance
About this car
The 2002 Ferrari 360 Spider F1 presents a rare opportunity to own a mid-engine convertible from Ferrari’s celebrated 360 series. Finished in Silver over a Black interior, this example shows 27,700 miles and remains powered by the naturally aspirated 3.6L V8 paired with the signature F1 automated manual transmission.
With rear-wheel drive and a lightweight aluminum structure, the Spider delivers the sharp handling and open-air exhilaration expected of a Ferrari convertible. The 3.6-liter V8 produces its signature high-revving character, while the F1 paddle-shift system provides rapid gear changes without a traditional clutch pedal. Subtle aerodynamic detailing and the classic Spider silhouette maintain the model’s timeless proportions.
Inside, the Black cabin features supportive two-seat configuration and driver-focused ergonomics. Premium unleaded fuel feeds the engine, and the car’s dimensions—176.3 inches long, 75.8 inches wide, and 47.8 inches tall—underscore its compact, purposeful stance.
Price vs. market
Strong Value $77,395 (48%) below the median of 46 comparable listings.
- This car
- $83,000
- Median asking
- $160,395
- Comparables
- 46 · 2000–2004
- Median mileage
- 19,083 mi (this car 27,700)
Compared with other active listings of the same model (model years ±2) on Exotics Group. These are dealers' asking prices, not sale prices, and condition, options, mileage and history are not adjusted for.
About the Ferrari 360 Modena
- Production
- 1999–2005
- Est. units built
- 16,385
- Cylinders
- 8
- Powertrain
- Combustion
- Body
- Coupe
The Ferrari 360 Modena, produced from 1999 to 2005, is a mid-engine, two-seater sports car that marked Ferrari's entry into the new millennium. Approximately 8,800 units of the Modena variant were built, making it relatively common among Ferrari models of its era, though still sought after by collectors for its design and performance. It features a 3.6-liter V8 engine, delivering 400 horsepower at 8,500 RPM and 275 lb-ft of torque, paired with either a 6-speed manual or an F1-style electrohydraulic paddle-shift transmission.
Performance highlights include a 0-60 mph time of around 4.5 seconds and a top speed of 183 mph. The 360 Modena introduced Ferrari’s first all-aluminum space-frame chassis, reducing weight and improving rigidity. For collectors, the manual transmission models are rarer and often more valued, with prices for well-maintained examples trending upward, typically ranging from $80,000 to $120,000 as of recent market data. The Challenge Stradale, a limited-edition, track-focused variant produced from 2003 to 2004 (about 1,288 units), is particularly prized for its enhanced performance and exclusivity, often commanding premiums over standard models.
From the Journal
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