Ferrari 360 Spider F1, Singapore import, no reserve, called 24 Sep 2026.

A 2005 Ferrari 360 Spider F1 running at no reserve on Collecting Cars out of Coburg North, Victoria — Nero with Scuderia shields over beige, 47,247 kilometres indicated and not warranted, previously registered in Singapore and here since 2012, on aftermarket 20-inch gold wheels, with a Tubi exhaust and a reprogrammed ECU, registered in Victoria to April 2027 with a roadworthy certificate, clutch indicating 85 to 90 per cent, and one key.

Five separate bidders asked for it. The seller's answers, in order: Phil has it, I never bothered to look, timing belts and a full service about 1,000 to 1,500 kilometres ago, nothing prior is known, nothing in my hands to show. He has then offered to have the car trucked to that workshop for whatever service is required at his expense before it goes.

A bidder pointed out in the comments that ‘whatever is required’ on a 360 F1 can mean actuators, gearbox, engine and gearbox mounts, fuel lines and manifold gaskets. This desk prices what is documented, so minus 8 stands for a car whose belts are asserted rather than evidenced. If the invoices are uploaded before it closes, that eight points come back and this call is low.

Minus 5 for 47,247 kilometres against the 22,500 expected of a 2005 car, plus 6 for the last year of the run, minus 3 for the wheels, minus 2 for the Tubi, minus 6 for the reflash, minus 8 for the missing records, plus 2 for the Challenge grille. Composed, minus 15.6 per cent, and $84,439.

Because the comparables this record is built on are themselves imports: the Hong Kong cars at $128,500 and $121,500, and the complied but unregistered car at $105,000. Docking this one against a base set by those would charge it twice.

Five per cent under the model, and the reason is the paperwork rather than the car. Predicted hammer $61,500 to $101,500, midpoint $80,000.

$115,000 against a $127,500 hammer at Werribee on 11 September, 9.8 per cent low, on a car at 53,132 kilometres. This one has 5,885 kilometres less and a considerably worse file, and the distance between those two facts is most of the $47,500 between the two calls.

That Werribee result sits in the 360 Modena record rather than in this one, which is where a Spider belongs.

The original call was anchored on this record's 2025 results, the newest it held, and priced this lot at minus 20 per cent against them. It was wrong to use them.

And it was not in this record: a 2002 Spider F1 at Werribee, 53,132 kilometres, Hong Kong-supplied, made $127,500 on 11 September, and it had been filed in the 360 Modena entry whose own row for it began with the words THE FIRST SPIDER IN THIS RECORD. It has been moved here.

$127,500 at 53,132km carried to this car's 47,247km on this record's own curve is $128,628 for an equal car. Then minus 8 because the Werribee car had ten dated services ending in a June 2023 major with belts, tensioner, water pump and clutch, and this one has none in the seller's hands. Minus 6 for the reflash, minus 3 for the twenty-inch gold wheels, minus 2 for the Tubi, minus 2 for one key against the Werribee car's three. Composed, minus 19.4 per cent, and $103,627.

Both cars are imports, so no import penalty separates them, which is the same reasoning the original call used and the only part of it that survives. Predicted hammer $80,000 to $132,000, midpoint $104,000.

Because a call this desk got wrong by twenty-three per cent four days earlier is worth more to a reader than a tidy one.