If you found $70k in a bag in an alley what could you buy?
1999-2005 Ferrari 360 vs. 2014 Corvette
Or you could buy both cars from the last comparison ! 2002 Viper and a 2012 Boss Mustang, that’s probably what I’d do, or 10 $7k cars, ask my friends.
On to the country club:
Here I am again bench racing what I’d buy if I suddenly was to come upon $70k.
I have settled upon two cars, a 1999-2005 Ferrari 360 or a 2014 Chevrolet Corvette. Lets see how these 2 incredible cars stack up to each other.
First the Ferrari. This car was Ferrari’s bread and butter car in the years it was made. They about 16,000 samples of this car in those years (a lot for a Ferrari), nearly equally split between coupes and spyder (convertible) models.
Here are the hard numbers on the Ferrari 360.
3.6L V8, 400 HP, 2844 lbs, quarter mile 12.8 seconds at 110 mph (Wikipedia)
The last time I checked on EbayMotors there were 6 Ferrari 360’s between $60,000 and $70,000 and they had between 22,000 and 50,000 miles.
For reference a 360 new was between $140,000 and $180,000 so a price drop of almost ½ is incredible! http://autos.aol.com/cars-Ferrari-360+Modena-2004/user-reviews/
Of course you need to shop around to get the best deal.
This brings us to the second car in our comparison. Incredibly, the beautifully redesigned for 2014 Corvette, can be bought for as little as $53,000 (or so tells me the Chevrolet website), or up to $65,000 for a LT3/Z51 model. Of course the Z06 and other faster models will be more but they will be out of the price/performance range of someone cross shopping with an older Ferrari. http://www.chevrolet.com/corvette-stingray/specs/trims.html
For a rough comparison on volumes, in 2013, that being the last year of the C6 there were approximately 14,000 corvettes sold.This is nearly as many in one year as all Ferrari 360’s for their whole production run.
The 2014 C7 Corvette is one of the greatest performance vehicles ever offered, and doubly so when the price is taken into account!
455 Horsepower (55 more than the Ferrari), 12.2 seconds in the quarter mile at 117 mph(.6 seconds faster than the Ferrari). 3444 Lbs (a full 600 Lbs heavier than the Ferrari)
These are both beautiful vehicles. Which one you would buy depends on what you intend to do with it. If it were me, I’d buy the Corvette if I planned to drive the car hard. Being that it’s a new car it’s less likely to break than a used Ferrari and if it does being new it will be under warranty. It’s also a faster car in every aspect than the Ferrari. The new Corvette is also a very aggressive looking car. The new front, side skirts, and rear quarters are all sculpted to make it look ready to pounce at any moment.
On the other hand, the 360 Ferrari is, in my opinion, an extremely beautiful car. The body lines just flow and look “right”. While the Corvette is an attack on your eyeballs, the Ferrari is more inviting. It seduces you with its curves. It invites you to rev it’s 3.6L to the 8500 RPM redline (vs the 6600 of the new Corvette). As in the Viper/Mustang comparison in the other article, the both cars will turn heads, but you will see many many more 2014 Corvettes vs Ferrari 360’s. If I was buying a car to turn heads and get “the look” in I’d go for the Ferrari.
Which do you prefer? Would you buy another car if you came upon $70k?
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