2004 Ferrari 360

The 2004 Ferrari 360 Modena is a mid-engine sports car powered by a 3.6-liter V8 engine producing 400 horsepower and 275 lb-ft of torque. The 360 was available with either a 6-speed manual transmission or a 6-speed F1 automated manual transmission. Owners generally praise the 360 for its exhilarating performance, beautiful design, and engaging driving experience. Common dislikes include the high cost of maintenance, the complexity of the F1 transmission, and some reliability concerns stemming from its age.

Engine

3.6L V8

• Camshaft Position Sensor Failure
  • Description/Symptoms: The engine may experience rough idling, stalling, or difficulty starting. The check engine light will often illuminate with codes related to the camshaft position sensor.
  • Solution: Replace the faulty camshaft position sensor.
  • Estimated Cost to Fix: $200 - $500+
  • Recalls: None Found
• Exhaust Manifold Cracking
  • Description/Symptoms: A ticking or hissing sound from the engine bay, especially when cold. This can lead to exhaust leaks and reduced performance.
  • Solution: Replace the cracked exhaust manifold.
  • Estimated Cost to Fix: $2,000 - $5,000+
  • Recalls: None Found

Transmission

6-Speed Manual

• Clutch Wear
  • Description/Symptoms: Clutch slippage, difficulty engaging gears, or a high clutch pedal engagement point.
  • Solution: Replace the clutch disc, pressure plate, and throw-out bearing.
  • Estimated Cost to Fix: $2,500 - $5,000+
  • Recalls: None Found

6-Speed F1 Automated Manual

• F1 Pump Failure
  • Description/Symptoms: Difficulty shifting gears, transmission warning lights, or complete inability to shift. The F1 pump is responsible for hydraulic pressure to operate the transmission.
  • Solution: Replace the F1 pump.
  • Estimated Cost to Fix: $3,000 - $6,000+
  • Recalls: None Found
• Clutch Wear (F1 System)
  • Description/Symptoms: Similar to the manual transmission, clutch wear can occur in the F1 system due to the automated shifting. Jerky shifts, slipping, or failure to engage gears.
  • Solution: Replace the clutch.
  • Estimated Cost to Fix: $4,000 - $7,000+ (includes system recalibration)
  • Recalls: None Found
• F1 Sensor Issues
  • Description/Symptoms: Erratic shifting, failure to shift at all, or the transmission getting stuck in a specific gear. The sensors for the F1 transmission can fail and lead to the computer not being able to properly control the transmission.
  • Solution: Identify and replace the faulty sensor.
  • Estimated Cost to Fix: $500 - $2,000+ (depending on the sensor)
  • Recalls: None Found

Suspension

• Ball Joint Wear
  • Description/Symptoms: Clunking noises from the suspension, loose steering feel, and uneven tire wear.
  • Solution: Replace worn ball joints.
  • Estimated Cost to Fix: $1,000 - $3,000+ (depending on which ball joints and labor)
  • Recalls: None Found
• Shock Absorber Leaks
  • Description/Symptoms: Visible fluid leaking from the shocks, a bouncy ride, and reduced handling performance.
  • Solution: Replace the leaking shock absorbers.
  • Estimated Cost to Fix: $2,000 - $6,000+ (depending on brand and if all are replaced)
  • Recalls: None Found

Electrical

• Instrument Cluster Issues
  • Description/Symptoms: Intermittent flickering, dimming, or complete failure of the instrument cluster. Can be due to faulty connections or internal components.
  • Solution: Repair or replace the instrument cluster.
  • Estimated Cost to Fix: $1,000 - $4,000+
  • Recalls: None Found
• Window Regulator Failure
  • Description/Symptoms: Windows that move slowly, erratically, or not at all. Often caused by a broken regulator or motor.
  • Solution: Replace the faulty window regulator.
  • Estimated Cost to Fix: $500 - $1,500+
  • Recalls: None Found

Exterior

• Headlight Lens Clouding/Yellowing
  • Description/Symptoms: Headlight lenses become cloudy or yellowed over time, reducing visibility.
  • Solution: Polish the headlight lenses or replace the headlight assemblies.
  • Estimated Cost to Fix: $100 - $300 (polishing) or $2,000 - $4,000+ (replacement)
  • Recalls: None Found
• Side View Mirror Motor Failure
  • Description/Symptoms: Side view mirror will no longer adjust electronically.
  • Solution: Replace the faulty side view mirror motor.
  • Estimated Cost to Fix: $500 - $1,000+
  • Recalls: None Found

Interior

• Sticky Interior Trim
  • Description/Symptoms: Certain plastic interior trim pieces become sticky or tacky to the touch due to the degradation of the factory coating.
  • Solution: Remove the sticky coating and refinish the trim pieces or replace the affected trim.
  • Estimated Cost to Fix: $500 - $3,000+
  • Recalls: None Found

Summary

The 2004 Ferrari 360 Modena, while a desirable sports car, is prone to several age-related issues. Engine issues like camshaft position sensor failure and exhaust manifold cracking can be moderately costly to repair. Transmission problems, particularly with the F1 system, can be a significant expense. Suspension and electrical issues are also common and contribute to the overall cost of ownership. The interior sticky trim issue is a well-known cosmetic problem. Potential buyers should be aware of these potential problems and factor them into their purchase and maintenance budget.