Why is the Ferrari 360 so cheap as compared to other Ferrari cars?

For your information, the first "Ferrari 360" came out in 1999, the car is 19 years old now. I do agree with the fact performance of this beauty is still impressive but there have been several models since then (f430, 458, 488, etc.) in the market that are launched by the Ferrari.

And you know that the value of a car decreases by the time.The Ferrari 360 has reached it’s depreciation plateau. The car was first launched in 1999 at the price of over $1 million and now it is available in the market somewhere between $50000-$75000.

The value of 360 has been gradually decreasing over time and those who can afford a Ferrari, want the latest and greatest Ferrari.Ferrari's prices are based on demand, not based on the cost of manufacture. But in the end, the car is still very powerful and goes 0-100 km/h within 5 seconds.