Searching through the listings at auction sites like Copart and IAA can be a great way to find crazy bargains, as long as you’re willing to put some elbow grease into repairing a vehicle. This 2004 Ferrari 360 Modena, though, will really put that willingness to the test.
Offered for sale by IAA, this V8-powered Ferrari is for sale in Florida, where it apparently went for a swim. The specific circumstances that led to it being underwater are not made clear—whether it was accidentally driven into a body of water or the victim of flooding is not stated—but that’s kind of academic.
One way or another, the 360 Modena did not enjoy its wet adventure and is now—to use a technical mechanics’ term—yucky. Photos of the Ferrari’s interior show that the seats, the center console, and the dash are covered in green mold, which in addition to being gross, may actually make it a biohazard.
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Declared a wreck, it’s unclear how much more damage has occurred to the vehicle. So, along with being revolting, it’s also a gamble, especially because good Ferraris are expensive to maintain, so the thought of trying to fix a busted one makes my bank account quake with fear.
If your stomach (and your bank account) are stronger than mine, though, you might get a screaming deal for this Ferrari, which could potentially be parted out or, as IAA points out on Facebook, be the basis for a pretty cool racecar. Imagine showing up to a Lemons race with the Ferrari 360 Moldena.
It might be worth it, too, because somewhere under all that mold there’s a 3.6-liter Ferrari V8 that once made 395 hp (294 kW/400 PS) and 275 lb-ft (373 Nm) of torque. Although it doesn’t appear to have a manual transmission, it’s still a mid-engine supercar.
What do you think? Can this Ferrari be saved, or should it simply have been let go like Jack at the end of Titanic?