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FERRARI 360 (2003)

Running costs, reliability data, and common problems from 394 real MOT tests.

Annual Cost

£2,607

£217/month

MOT Pass Rate

98%

Excellent

Road Tax

£760

Based on CC/year

Insurance

Grp 35-50

3586cc Petrol

Great Choice

98% pass rate, £2607/year to run. 16 points above average.

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Petrol3586cc23 years old394 tests28k miles avg

Annual Running Costs

Fuel (Petrol, 3586cc)

~30 mpg

£1,592
Road Tax

Based on 3586cc

£760
MOT Test
£55
Predicted Repairs

Low estimate due to excellent reliability

£200
Total per year£2,607
Per month£217/mo
Per week£50/wk

Based on 7,400 miles/year (UK average), current fuel prices, and repair likelihood from MOT data. Insurance not included.

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Reliability Verdict

98% MOT pass rate(Excellent)
0%National avg: 82%100%

Excellent reliability. Very few MOT failures. That's 16 points above the national average of 82%.

At 23 years old, 98% of FERRARI 360s from 2003 passed their MOT first time in 2026. That's based on 394 tests across the UK. The average mileage at this age is 28,383 miles.

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How Does It Compare?

Rank among 2003 cars7th of 445(top 2%)
Rank among FERRARI models57th of 149(top 38%)
vs national average+16%(82% avg)
vs 2003 cars average+26%(72% avg)
vs FERRARI average+2%(96% avg)

Mileage Analysis

28,383

Average miles

vs

170,200

Expected for age

The average 2003 FERRARI 360 has 28,383 miles on the clock, which is significantly below the expected 170,200 miles for a 23-year-old car. Low-mileage examples may have spent time sitting unused, so check for issues like corroded brakes or perished rubber seals.

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Best Year to Buy?

The most reliable year is the 2005 model with a 99% MOT pass rate, while the 1999 model has the lowest at 89%. The 2003 sits between the two at 98%.

FERRARI 360 by Year

YearPass RateTestsAvg Mileage
200599%9326,628 mi
200496%38927,236 mi
200398%39428,383 mi
200290%39235,544 mi
200196%36635,647 mi
200093%35641,009 mi
199989%18043,240 mi

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About the 2003 FERRARI 360

The 2003 FERRARI 360 is a luxury with a 3586cc petrol engine. 394 of these vehicles were MOT tested in 2026, making it a less common model in the UK market. It ranks in the top 2% of all 2003 cars for reliability.

With an average of 28,383 miles at 23 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.

2003 FERRARI 360 Fuel Costs

The 3586cc 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 2003 FERRARI 360?

Total estimated annual running cost is £2,607 217/month), broken down as £1592 fuel, £760 road tax, £55 MOT, and £200 predicted repairs. The low repair estimate reflects the excellent 98% 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 2003 FERRARI 360

At 23 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%.

Common Issues to Watch For

Based on the 2003 FERRARI 360's fuel type, age, and engine size, these are the most likely problem areas to check.

Timing Chain / Belt

Watch out

At 23 years old, check whether the timing belt has been replaced (typically due every 5-7 years or 60,000-100,000 miles). A snapped belt can destroy the engine.

Oil Consumption

Medium risk

Larger petrol engines can develop higher oil consumption as they age. Check the oil level and look for blue smoke from the exhaust.

Rust and Corrosion

Watch out

At 10+ years, check wheel arches, sills, subframe, and brake lines for rust. Structural corrosion is an MOT failure. Prevention is far cheaper than repair.

Suspension Bushings

Watch out

Rubber suspension bushes harden and crack with age, causing knocking noises and vague handling. A full refresh costs £300-£800 depending on the car.

Service History

Low risk

Always request a full service history. Regular servicing is the single best indicator of how well a car has been maintained, regardless of mileage.

Running Costs Compared

How the 2003 FERRARI 360 stacks up against similar cars for annual running costs, insurance, and tax.

CarPass RateFuel/yrTax/yrInsuranceTotal/yr
FERRARI 360(2003)98%£1592£760Grp 35-50£2607
MERCEDES E(2004)78%£1592£250Grp 35-50£2397-£210
PORSCHE BOXSTER(2005)86%£1592£250Grp 35-50£2247-£360
PORSCHE 911(2005)90%£1592£250Grp 35-50£2097-£510
LAND ROVER RANGE ROVER(2003)77%£1592£250Grp 35-50£2397-£210

Estimates based on 7,400 miles/year, current fuel prices, and MOT data. Insurance groups are indicative. Actual costs vary by driver, location, and usage.

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Related Guides

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