FERRARI 360 (2004)
Running costs, common problems, and reliability data based on 389 real MOT tests in 2024.
MOT Pass Rate
96%
Total Tests (2024)
389
Avg Mileage
27,236 mi
Est. Annual Cost
£2,097
Is the 2004 FERRARI 360 reliable?
Excellent reliability. Very few MOT failures. That's 14 points above the national average of 82%.
At 20 years old, 96% of FERRARI 360s from 2004 passed their MOT first time in 2024. That's based on 389 tests across the UK. The average mileage at this age is 27,236 miles.
How does the 2004 FERRARI 360 compare?
Mileage Analysis
The average 2004 FERRARI 360 has 27,236 miles on the clock, which is significantly below the expected 148,000 miles for a 20-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 2004 sits between the two at 96%.
How much does a 2004 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 2004 FERRARI 360
The 2004 FERRARI 360 is a luxury with a 3586cc petrol engine. 389 of these vehicles were MOT tested in 2024, making it a less common model in the UK market. It ranks in the top 3% of all 2004 cars for reliability.
With an average of 27,236 miles at 20 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.
2004 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 2004 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 96% 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 2004 FERRARI 360
At 20 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 2004 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:
- LAND ROVER FREELANDER (2006) 70% pass rate (-26%) from 12,591 tests
- MERCEDES E (2004) 78% pass rate (-18%) from 8,333 tests
- PORSCHE BOXSTER (2005) 86% pass rate (-10%) from 6,992 tests
- PORSCHE 911 (2006) 90% pass rate (-6%) from 6,184 tests