What is the true cost of ownership of a Ferrari?
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Joined: Oct 2004
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From: N Calif
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I hope so.
I will say that I honestly do not know anyone who cost calculated maintenance prior to his Ferrari purchase.
It's like marriage. You know what you are getting into so you accept it!!!
Make a decision and go with it.
I will say that I honestly do not know anyone who cost calculated maintenance prior to his Ferrari purchase.
It's like marriage. You know what you are getting into so you accept it!!!
Make a decision and go with it.
Thread Starter
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From: socal
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Assessing the true cost of ownership is difficult. If you concern just maintenance, I can tell you that the 360's/430's are very reliable cars.
The 430's now use timing chains and not belts. So that maintenance cost/concern is not there, and, therefore, mileage services can now approximate mileage.
Oil changes- about $400.00 as stated.
Tires- at 12,000 miles per year you could go through a set about every 12-18 months. Next oversize tires from the OEM sizes will wear better.
Major services- there is a 5K which is about $1,000; there is a 15K which is about $1,500-$2,000; there is a 30K which is about $3K-$4K
So divide these up and you'll know.
Then if you are like most of us you'd spend $ on floor mats, toys, new rims, etc.
So what's the actual cost? Hard to know.
It's for sure it's a whole lot more than owning a Chevy but nothing comes close to the experience.
Forget depreciation. That's made up in the enjoyment.
You can't own a Ferrari and have the calculator handy. They don't go together.
If you don't think you can do it, don't!
The 430's now use timing chains and not belts. So that maintenance cost/concern is not there, and, therefore, mileage services can now approximate mileage.
Oil changes- about $400.00 as stated.
Tires- at 12,000 miles per year you could go through a set about every 12-18 months. Next oversize tires from the OEM sizes will wear better.
Major services- there is a 5K which is about $1,000; there is a 15K which is about $1,500-$2,000; there is a 30K which is about $3K-$4K
So divide these up and you'll know.
Then if you are like most of us you'd spend $ on floor mats, toys, new rims, etc.
So what's the actual cost? Hard to know.
It's for sure it's a whole lot more than owning a Chevy but nothing comes close to the experience.
Forget depreciation. That's made up in the enjoyment.
You can't own a Ferrari and have the calculator handy. They don't go together.
If you don't think you can do it, don't!
thanx for the 411
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Joined: Oct 2006
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From: Dallas Texas
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You forgot the cost of insurance, wheel repair, in between tire replacement, lower front spoiler repair, paint touch up from rock chips, traffic tickets....
Half way joking, but these add up yearly as well....
S
Half way joking, but these add up yearly as well....
S
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From: NYC
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I drove my 308 GTBi 85K miles without changing the clutch.
I drove my TR 155K miles without changing the clutch.
My Maser 25K miles without changing clutch.
P 4/5 5.5K miles with clutch still as new including 800 hard track miles.
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From: ATL, GA
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I would like to see a 24K mile two year old Ferrari and look at the depreciation it would take.
I have looked into an 06 F430 at one time and decided that I was going crazy even looking. I couldn't drive that thing without worrying about it so therefore I couldn't afford it
I am not driving my Turbo enough and if I don't start adding some miles on it I might sell it because I do not buy cars to look at.
I found a nice 06 F430 with 4K miles Blk/Blk F1 with some nice options below 200K(better than MSRP))
I have looked into an 06 F430 at one time and decided that I was going crazy even looking. I couldn't drive that thing without worrying about it so therefore I couldn't afford it
I am not driving my Turbo enough and if I don't start adding some miles on it I might sell it because I do not buy cars to look at.
I found a nice 06 F430 with 4K miles Blk/Blk F1 with some nice options below 200K(better than MSRP))
Last edited by ALPINE_997; Sep 3, 2008 at 03:46 PM.
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Dont forget the dirty girls!!
Dont forget about the cost of the visits to the clinic and the penicillin you'll need from banging all the skanks that want a ride in your ferrari! Gotta love skanks!
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From: greece
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I drove my 275 GTB 65K miles without changing the clutch.
I drove my 308 GTBi 85K miles without changing the clutch.
I drove my TR 155K miles without changing the clutch.
My Maser 25K miles without changing clutch.
P 4/5 5.5K miles with clutch still as new including 800 hard track miles.
I drove my 308 GTBi 85K miles without changing the clutch.
I drove my TR 155K miles without changing the clutch.
My Maser 25K miles without changing clutch.
P 4/5 5.5K miles with clutch still as new including 800 hard track miles.
However for a 430 or 360 i would suggest a 10.000$ budget a year for 4-5k miles...
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From: Illinois
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Or...you could just drive it, fix things on your own when it needs it, and don't fall into the buttraping "maintenance" thing ferrari and lambo owners do. Do you need to replace a clutch before it goes out? Nope! Just change the oil every 5-8k and beat on it. Enjoy having one and not worrying about owning it.
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Don't care what it costs, Worth it!!!!
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I can help some but these things are very unpredictable.
You need a major service every 15,000 miles @ about $3-5,000 depending on how much you need done.
You need oil and other fluids every 3-5000 miles @ $400 or so.
You will go through a set of tires @ about $1,200.
You may need brakes depending on whether or not you have carbon ones, $1,000.
You can anticipate 3-5 misc. repairs that tend to be $500-2,000 each.
Your depreciation costs will be massive. I averaged the depreciation on 05 430 coupes for sale in the US a few months ago and by my calculations, the depreciation cost per mile was $3.77. Yes, each mile you drive your car, it is worth about $3.77 less.
Expect to pay $5-8 per mile. Could be a bit less, could be a bit more.
You need a major service every 15,000 miles @ about $3-5,000 depending on how much you need done.
You need oil and other fluids every 3-5000 miles @ $400 or so.
You will go through a set of tires @ about $1,200.
You may need brakes depending on whether or not you have carbon ones, $1,000.
You can anticipate 3-5 misc. repairs that tend to be $500-2,000 each.
Your depreciation costs will be massive. I averaged the depreciation on 05 430 coupes for sale in the US a few months ago and by my calculations, the depreciation cost per mile was $3.77. Yes, each mile you drive your car, it is worth about $3.77 less.
Expect to pay $5-8 per mile. Could be a bit less, could be a bit more.
, but at the end of the day, you just never know what little bugs your going to have on your car, on your side of town.