FERRARI 360 (2002)
Running costs, common problems, and reliability data based on 392 real MOT tests in 2024.
MOT Pass Rate
90%
Total Tests (2024)
392
Avg Mileage
35,544 mi
Est. Annual Cost
£2,097
Is the 2002 FERRARI 360 reliable?
Excellent reliability. Very few MOT failures. That's 8 points above the national average of 82%. It falls below the FERRARI brand average of 96%.
At 22 years old, 90% of FERRARI 360s from 2002 passed their MOT first time in 2024. That's based on 392 tests across the UK. The average mileage at this age is 35,544 miles.
How does the 2002 FERRARI 360 compare?
Mileage Analysis
The average 2002 FERRARI 360 has 35,544 miles on the clock, which is significantly below the expected 162,800 miles for a 22-year-old car. Low-mileage examples may have spent time sitting unused, so check for issues like corroded brakes or perished rubber seals.
Best year to buy a FERRARI 360?
The most reliable year is the 2005 model with a 99% MOT pass rate, while the 1999 model has the lowest at 89%. The 2002 sits between the two at 90%.
How much does a 2002 FERRARI 360 cost to run?
Based on 7,400 miles/year (UK average), current fuel prices, and repair likelihood from MOT pass rate data. Insurance not included.
FERRARI 360 by Year
Checking a specific FERRARI 360?
Enter the reg plate to see its individual MOT history, mileage verification, and predicted costs.
About the 2002 FERRARI 360
The 2002 FERRARI 360 is a luxury with a 3600cc petrol engine. 392 of these vehicles were MOT tested in 2024, making it a less common model in the UK market. It ranks in the top 8% of all 2002 cars for reliability.
With an average of 35,544 miles at 22 years old, FERRARI 360 owners tend to use this car less than the typical driver. Very low mileage could mean the car has been garaged or used only for short trips, which can cause its own issues like battery drain and moisture buildup.
2002 FERRARI 360 Fuel Costs
The 3600cc petrol engine is on the larger side, so fuel won't be this car's strong point. Expect around 30 mpg in mixed driving, which works out to roughly £1,592 per year at current petrol prices of 142p per litre (based on 7,400 miles per year).
What does it cost to own a 2002 FERRARI 360?
Total estimated annual running cost is £2,097 (£175/month), broken down as £1592 fuel, £250 road tax, £55 MOT, and £200 predicted repairs. The low repair estimate reflects the excellent 90% pass rate. These cars rarely fail their MOT, so unexpected bills are less likely.
FERRARI 360 Reliability Trend
Newer FERRARI 360s show better MOT pass rates than older ones, with an average improvement of 3 percentage points.
Buying a Used 2002 FERRARI 360
At 22 years old, the FERRARI 360 is firmly in budget territory. Purchase prices are low, but check for rust, worn suspension bushes, and electrical gremlins. A full service history is especially valuable at this age. If you're flexible on year, the 2005 model has the highest pass rate at 99%.
Alternatives to the 2002 FERRARI 360
The FERRARI 360 is actually the most reliable option among similar petrol luxurys from this era. Here are comparable petrol cars with similar engines:
- MERCEDES E (2004) 78% pass rate (-12%) from 8,333 tests
- PORSCHE 911 (2004) 88% pass rate (-2%) from 5,191 tests
- PORSCHE BOXSTER (2003) 82% pass rate (-8%) from 5,008 tests
- LAND ROVER RANGE ROVER (2003) 77% pass rate (-13%) from 4,923 tests