Does anyone know Ferrari?
Sep 26, 2005, 11:09 PM
#16
Evolved Member
Join Date: Jul 2005
Location: Northern California
Posts: 781
Likes: 0
Received 0 Likes
on
0 Posts
Save up six grand and rent one for a day. Seriously. You only live once, right? 
Take an @$$load of pix and videos too, because it will be one hell of a day to be worth the grand it cost, and you'll want something to remember it by.
Take an @$$load of pix and videos too, because it will be one hell of a day to be worth the grand it cost, and you'll want something to remember it by.
Oct 24, 2005, 06:14 AM
#19
Evolving Member
Join Date: Apr 2002
Posts: 320
Likes: 0
Received 0 Likes
on
0 Posts
Stay away from 348 if you can. In fact, try to stay away from any Ferrari pre-355. IN GENERAL, they tend to be less reliable and difficult to drive.
I haven't tried the 456 myself so I can't comment, but that car is more of a "grand tourer", which I personally do not prefer (I don't know about you though).
If you can, try to get a 355 instead. You won't be dissapointed
I haven't tried the 456 myself so I can't comment, but that car is more of a "grand tourer", which I personally do not prefer (I don't know about you though).
If you can, try to get a 355 instead. You won't be dissapointed
Oct 24, 2005, 05:57 PM
#21
Evolving Member
Join Date: Apr 2005
Location: Alabama, Guntersville
Posts: 110
Likes: 0
Received 0 Likes
on
0 Posts
Just find a cheap over looked exotic like the lotus or porshe 944. Or any type of eurpean car that someone has almost let die. dump a little cash and imagination into it and you'll have a cool looking car. Or buy a regular car and dump alot of imagination in to it. Anything different will always turn heads. But for me it about what I think will look cool and make me look at it. Details thats what that car industry is all about Just the little details thats hidden. Make alot of hidden stuff.
Oct 24, 2005, 06:15 PM
#23
Originally Posted by SterlingEvo
that's about as exotic as a fiero...
http://www.fiero.nl/forum/Forum2/HTML/065545.html
he's got both motors in now and waiting on the diff to get there.
Oct 24, 2005, 06:18 PM
#24
Evolved Member
iTrader: (23)
Join Date: Dec 2003
Location: Boulder, CO
Posts: 1,203
Likes: 0
Received 0 Likes
on
0 Posts
I have to chime in here 
The purchase price of a Ferrari that is not under warrantee is just a starting place. Maintenance can truly be outrageous especially if something fails!
Ferraris are almost never driven daily in the US. It is sad really but most buyers are posers and they are treated like princesses and generally not driven aside for show. Unfortunately this sets the standard so using a Ferrari beyond the "norm" depreciates it quickly.
Let me give an example. A couple years ago my brother bought a 355. It was in excellent shape and had all the goodies including the F50 brake upgrade and a Tubi exhaust. My brother is an enthusiast and used the car appropriately. It saw the occasional track day and was seen regularly seen blasting up the canyons. Even so it sat most frequently either in the garage or the local Ferrari shop. In a 2 year period I believe the car acquired 10K miles in his hands.
Let me outline the costs I saw:
1) Purchase price $120K (best guess)
2) Maintenance and valve guide problem (mechanical defect that Ferrari refused to cover – FYI Ferrari treats you like crap unless you own 3 other Ferraris and are on their A list) $20K
3) Car sold 2 years later $85K (another best guess)
Let me summarize: $120K – $85K = $35K depreciation. Maintenance = $20K for basically a top end rebuild and valve guide replacement (this took 6 months!). Total cost of ownership for 10K miles and 2 years: $55K!!!! This does not even include insurance, gas, or tires etc.
Total cost of ownership = $55,000
Cost per mile $55
Moral of the story – don’t buy a Ferrari unless you can truly afford it!
The purchase price of a Ferrari that is not under warrantee is just a starting place. Maintenance can truly be outrageous especially if something fails!
Ferraris are almost never driven daily in the US. It is sad really but most buyers are posers and they are treated like princesses and generally not driven aside for show. Unfortunately this sets the standard so using a Ferrari beyond the "norm" depreciates it quickly.
Let me give an example. A couple years ago my brother bought a 355. It was in excellent shape and had all the goodies including the F50 brake upgrade and a Tubi exhaust. My brother is an enthusiast and used the car appropriately. It saw the occasional track day and was seen regularly seen blasting up the canyons. Even so it sat most frequently either in the garage or the local Ferrari shop. In a 2 year period I believe the car acquired 10K miles in his hands.
Let me outline the costs I saw:
1) Purchase price $120K (best guess)
2) Maintenance and valve guide problem (mechanical defect that Ferrari refused to cover – FYI Ferrari treats you like crap unless you own 3 other Ferraris and are on their A list) $20K
3) Car sold 2 years later $85K (another best guess)
Let me summarize: $120K – $85K = $35K depreciation. Maintenance = $20K for basically a top end rebuild and valve guide replacement (this took 6 months!). Total cost of ownership for 10K miles and 2 years: $55K!!!! This does not even include insurance, gas, or tires etc.
Total cost of ownership = $55,000
Cost per mile $55
Moral of the story – don’t buy a Ferrari unless you can truly afford it!
Last edited by JTB; Oct 24, 2005 at 06:49 PM.
Oct 24, 2005, 06:27 PM
#25
Registered User
iTrader: (6)
Join Date: Sep 2003
Location: FQ Story, Phoenix
Posts: 443
Likes: 0
Received 0 Likes
on
0 Posts
i own an indepentdent Ferrari and Porsche shop here in Tempe Arizona, so if you have any other questions on Ferrari feel free to PM me.
if you plan to buy a 348 that has 30K or 60K, etc., on the clock make sure that the major service has been done. this service runs about $4000 at the dealer level, a little lower at my shop. there are several little issues with the 348 but overall it is a great reliable car.
the 355 is the same but the major runs about $1000 more.
winston
if you plan to buy a 348 that has 30K or 60K, etc., on the clock make sure that the major service has been done. this service runs about $4000 at the dealer level, a little lower at my shop. there are several little issues with the 348 but overall it is a great reliable car.
the 355 is the same but the major runs about $1000 more.
winston
Oct 24, 2005, 06:34 PM
#26
Registered User
iTrader: (6)
Join Date: Sep 2003
Location: FQ Story, Phoenix
Posts: 443
Likes: 0
Received 0 Likes
on
0 Posts
not true...
i have Ferrari customers that buy "cheaper" Ferraris models like the Mondial (maybe 30K on a good day) and such that freak out when they find out that the cracked windsheild will set them back $3000! just an example but you get the idea.
how about $900 retail for a 360 brake rotor, $2500 retail for a 355 water pump...Ferrari parts are just crazy expensive.
most people who own a Ferrari can't afford to mantain them...only a very small percent can.
winston
i have Ferrari customers that buy "cheaper" Ferraris models like the Mondial (maybe 30K on a good day) and such that freak out when they find out that the cracked windsheild will set them back $3000! just an example but you get the idea.
how about $900 retail for a 360 brake rotor, $2500 retail for a 355 water pump...Ferrari parts are just crazy expensive.
most people who own a Ferrari can't afford to mantain them...only a very small percent can.
winston
Originally Posted by djskyy
first of all....when you own a Ferrari, I don't think any owner would care how much maintenence cost, cause you'll be able to afford it
...the only trouble I see is finding the nearest Ferrari dealership to do the job...same as you, I have thought about renting an Ferrari for a day, but not yet...maybe in 2 years..
you might wanna check out www.ferrarichat.com
...the only trouble I see is finding the nearest Ferrari dealership to do the job...same as you, I have thought about renting an Ferrari for a day, but not yet...maybe in 2 years.. you might wanna check out www.ferrarichat.com
Last edited by WINSTON; Oct 24, 2005 at 06:42 PM.
Thread
Thread Starter
Forum
Replies
Last Post
sblvro
The Loft / EvoM Car Talk Corner
14
Sep 28, 2016 05:59 PM
EVO8 WHOA
The Loft / EvoM Car Talk Corner
119
Apr 13, 2005 07:31 PM
