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Ferrari1999–2005 Critical issues documented

Ferrari 360: common faults & what to check

Thinking about buying a used Ferrari 360 (1999–2005) in New Zealand? We've documented 7 known faults for this model spanning engine, transmission, suspension, and electrical. Each researched and verified before it's published. The most serious issues here are rated critical. Every one is listed below with its symptoms and repair cost, and each has its own page with where to look and what to ask the seller. Free, no account needed.

Check this exact Ferrari 360

  • Odometer history
  • Money owing
  • Reported stolen
  • Ownership history
  • Official NZ vehicle register data
  • NZ owned and operated

Type the plate for the free basics. The full record is a paid check from $13.49, one car at a time, no subscription.

No NZ plate yet, or buying in Australia? Pick the generation and engine and start a free check below. New to KickTyres? How the check works →

7

Documented faults

Critical

Most serious

$2,500–$7,000

Typical repair

5

Systems covered

Which Ferrari 360 are you looking at?

1 generation variant documented. Pick the shape you recognise: the faults, the servicing and the timeline below all narrow to it. Free, no account needed.

Now narrow it to the engine

A 1.8 and a 2.4 of the same car do not fail the same way, so the faults below narrow to the engine as well as the year. Free, no account needed.

Which engine is in it? These cover every year of this model.

Start your free check on this Ferrari 360

No plate needed. You get the risk score, the buyer's checklist and the guided inspection for the exact car you picked above — not the whole nameplate.

Ferrari 360

Free. The paid plate check is separate, and stays optional.

Likely — same engine family

Ferrari 360

Narrowed by capacity and fuel. No engine code is recorded for this option, so a fault specific to one engine of that size cannot be confirmed from it.

Matched on capacity and fuel, not on an engine code.

  • 1 documented fault names an engine this selection cannot confirm. It is listed separately below.

matched on 3.6L engine

What to look out for

The checks worth doing on a Ferrari 360 before you hand over any money. Every documented fault is listed below, each with its own page.

  • Serious issue

    Start with the paperwork, because that is where this fault lives.

    See why

    Exhaust cam variator failure on pre-2001 engines — the recall that decides whether the engine survives

    The 360's exhaust camshafts carry a phase variator that adjusts valve timing, and on engines built before 2001 the part that bolts it to the camshaft could break — some from over-torquing at the factory. When it lets go the camshaft stops turning with the engine and the pistons meet the valves, which is a rebuilt or replaced engine on a car whose engine is most of its value. Ferrari ran a recall to fit revised variators and tensioners on cars with engine numbers below 60796 (roughly the 1999 to early-2001 cars), and every 360 from 2001 on had the updated parts from new. On an early car the only question that matters is whether the campaign was done, and the answer has to be in the paperwork — there is no way to tell from outside the engine.

    What you would notice

    • No record of the variator recall on a 1999–2001 car
    • Rattle or ticking from the cam covers, worst on a cold start
    • Sudden misfire, loss of power or the engine stopping dead
    • Check-engine light for camshaft position or timing correlation

    Typically $4,000–$60,000 to put right.

  • Costly issue

    Arrange to hear it started from stone cold — if the engine is warm when you arrive, that test has already been taken away from you.

    See why

    Cracked exhaust manifolds — a cold-start tick that ends with cooked catalysts

    The 360's thin-wall stainless exhaust manifolds crack at the welds and at the collector, and the 2002–2003 cars are the worst for it, though no year is immune. The first sign is a ticking or chuffing from the back of the car for the first minute after a cold start, which fades as the metal expands and seals the crack. Left alone the leak upsets the fuelling, dumps heat onto everything around the manifold and eventually wrecks the catalytic converter behind it, at which point the 'slow down' warning appears and the bill doubles. Most cars will have had at least one manifold replaced by now, and many owners fit aftermarket headers rather than pay for another set of the original design.

    What you would notice

    • Ticking or chuffing from the engine bay for the first minute after a cold start, fading as it warms
    • Exhaust smell in the engine bay or cabin
    • Check-engine light for oxygen sensor or catalyst efficiency
    • 'Slow down' warning on the dash
    • Soot marks around the manifold-to-cat joints

    Typically $5,000–$12,000 to put right.

  • Common issue

    Run a fingertip over the climate buttons, the window switches, the vent surrounds and the door pulls and see whether anything drags or leaves residue.

    See why

    Sticky soft-touch switchgear and shrinking dashboard leather

    Ferrari coated the 360's buttons, vent surrounds, door handles and console trim in a soft-touch rubberised finish that breaks down with heat and age into a tacky film that comes off on your fingers, and the leather on the dash top shrinks and lifts in the sun — both worse in a hot climate. Neither stops the car, but a full set of refinished switches and a re-covered dash top add up, and a car that has had it all done properly is worth paying more for than one where the seller waves it away.

    What you would notice

    • Buttons and trim that feel tacky or leave black residue on your fingers
    • Fingerprints and dust stuck to the console and vent surrounds
    • Dashboard leather pulling away from the edges, lifting at the windscreen or around the binnacle
    • Door pulls and window switches with a gummy coating

    Typically $1,500–$6,000 to put right.

See all 7 documented issuesEverything researched for the Ferrari 360, including 1 rated critical.
Engine, transmission & cooling1 critical3

01Exhaust cam variator failure on pre-2001 engines — the recall that decides whether the engine survives

Start with the paperwork, because that is where this fault lives.petrol1999–2001Engine
OccasionalEngine $4,000–$60,000 to fix

The 360's exhaust camshafts carry a phase variator that adjusts valve timing, and on engines built before 2001 the part that bolts it to the camshaft could break — some from over-torquing at the factory. When it lets go the camshaft stops turning with the engine and the pistons meet the valves, which is a rebuilt or replaced engine on a car whose engine is most of its value. Ferrari ran a recall to fit revised variators and tensioners on cars with engine numbers below 60796 (roughly the 1999 to early-2001 cars), and every 360 from 2001 on had the updated parts from new. On an early car the only question that matters is whether the campaign was done, and the answer has to be in the paperwork — there is no way to tell from outside the engine.

Symptoms to notice

  • No record of the variator recall on a 1999–2001 car
  • Rattle or ticking from the cam covers, worst on a cold start
  • Sudden misfire, loss of power or the engine stopping dead
  • Check-engine light for camshaft position or timing correlation

What to check

  1. Start with the paperwork, because that is where this fault lives.
  2. Ask for the service file and look for the variator and tensioner recall, or for a later invoice that shows the updated variators being fitted — on a 1999, 2000 or early-2001 car this is the single most important line in the history.
  3. Ask the seller directly whether the recall was done and by whom.
  4. Then stand by the engine cover while it is started from cold and listen to the first few seconds for any rattle or ticking from the top of the engine that then quietens.
  5. Look at the engine number on the block and note whether it is below 60796.
  6. If the recall cannot be proven, price the car as needing the variators replaced before you drive it hard.

Where to look: Exhaust camshaft ends behind the cam pulleys, under the cam covers at the rear of the engine bay

Parts involved: CVT belt and pulleys.

Ask the seller

  • “Was the factory cam variator recall carried out, and can you show me the invoice or stamp?”
  • “What is the engine number, and has the engine ever been apart?”
  • “When were the cam belts and tensioners last done?”

02Cracked exhaust manifolds — a cold-start tick that ends with cooked catalysts

Arrange to hear it started from stone cold — if the engine is warm when you arrive, that test has already been taken away from you.petrol1999–2005Engine
Read the full fault: symptoms, where to look, what to ask the seller

03Engine and gearbox mounts collapse from heat — a vibration owners learn to live with

petrol1999–2005Engine
Read the full fault: symptoms, where to look, what to ask the seller
Electrical1
Body, brakes, suspension & interior2

05Ball joints and rear tie rods wear out fast — pre-2002 wishbones worst

petrol1999–2005Suspension
Read the full fault: symptoms, where to look, what to ask the seller

06Sticky soft-touch switchgear and shrinking dashboard leather

Run a fingertip over the climate buttons, the window switches, the vent surrounds and the door pulls and see whether anything drags or leaves residue.petrol1999–2005Interior
Very commonInterior $1,500–$6,000 to fix

Ferrari coated the 360's buttons, vent surrounds, door handles and console trim in a soft-touch rubberised finish that breaks down with heat and age into a tacky film that comes off on your fingers, and the leather on the dash top shrinks and lifts in the sun — both worse in a hot climate. Neither stops the car, but a full set of refinished switches and a re-covered dash top add up, and a car that has had it all done properly is worth paying more for than one where the seller waves it away.

Symptoms to notice

  • Buttons and trim that feel tacky or leave black residue on your fingers
  • Fingerprints and dust stuck to the console and vent surrounds
  • Dashboard leather pulling away from the edges, lifting at the windscreen or around the binnacle
  • Door pulls and window switches with a gummy coating

What to check

  1. Run a fingertip over the climate buttons, the window switches, the vent surrounds and the door pulls and see whether anything drags or leaves residue.
  2. Look along the dash top from outside through the windscreen for leather that has pulled back from the edge or lifted around the instrument binnacle, and check the top of the door cards the same way.
  3. Ask whether the switchgear has been refinished or replaced and whether the dash has ever been re-covered, and treat any that has not as a negotiating point.

Where to look: Centre console switches, climate controls, vent surrounds, door pulls, dashboard top

Ask the seller

  • “Have the sticky buttons and trim been refinished or replaced?”
  • “Has the dashboard leather been re-covered or repaired?”
Depends on which engine this Ferrari 360 has — 1Each of these is documented for one particular engine. Pick the year and engine above to see which of them apply.

Ferrari 360 faults in detail

Each of these has its own page: the symptoms, where to look, what to ask the seller and what the repair costs. Free, no account needed.

Other Ferrari models

Ferrari 360 buyer questions

Is the Ferrari 360 reliable?

Like any used car, it depends on the specific example and its service history. Across the 7 documented faults for the Ferrari 360, the recurring problem areas are engine, transmission, and suspension. A Ferrari 360 with a full service history and no signs of the issues listed on this page can be a sound buy but each one needs to be checked individually before you commit.

What are the most common problems with a used Ferrari 360?

We've catalogued 7 known faults for the Ferrari 360, covering engine, transmission, and suspension. All 7 are written out in full on this page, with the symptoms to notice, what to inspect, and typical repair costs for each. Free to read, no account needed.

How much do repairs cost on a Ferrari 360?

Most single repairs on the Ferrari 360 fall between $2,500–$7,000 at NZ independent-workshop rates. Some of the 7 documented faults cost less and a few cost considerably more, and no one car needs them all. Knowing which ones to look for before you view is what lets you negotiate the price down or walk away.

Should I get a pre-purchase inspection on a Ferrari 360?

Yes. A Ferrari 360 inspection focused on its known weak points is the single best way to avoid an expensive mistake. KickTyres gives you a guided, model-specific inspection plus a market valuation and negotiation figure for $24.90 far less than the cost of missing one of the faults on this page.