having a ferrari...

[corvette97]

after seeing some prices of older ferraris i wonder, i´ve seen 348, testarrosa and 355 from 50k usd to 70k usd, wich are reasonable prices for wht you get, sometime in my life i would like to own a 50k ferrari, but i dont know if i´ll be able to maintain it, so i wonder if any of you guys know the service prices for the testarossa, 348 and 355? its part of the dream to know that, to be down to earth :D

[bmagni]

there was a post about maintainance costs of ferraris somewhere around...

[RC45]

A lot - ;)

Cooling System Service most vehicles... $150
Your Ferrari runs very hot and demands a great deal from it's cooling system. Certain coolants damage the motor's components. Get your cooling system serviced at a factory authorized Ferrari Service Center.


Oil Change- 12 Cylinder most vehicles... $350
This 12 cylinder oil change includes 14 litres of oil and filters. *add $10/litre for Shell Helix oil.


Oil Change- 8 Cylinder most vehicles... $295
This 8 cylinder service includes 10 litres of non-synthetic oil and filter. *add $10/litre for Shell Helix oil.


Used Car Inspection most vehicles... $350
If you are thinking of buying a preowned Ferrari from other than a Factory Authorized Dealer it would be wise to get a Factory Trained Technician at Shelton Sports Cars to perform a 67 point inspection, including a compression test, on the vehicle.



Additional Services
Detail Service $225.00
Pre-Track Tech Inspection $50.00
Hourly Labor Rate $105.00

http://ferrari.sheltonferrari.com/index.cfm?action=Service&subaction=servicerates

[dingo]

Not sure about the Testarossa, but here are some figures for the 348 and 355 (cost in USD)

348

Routine repairs and fluid changes: $500-1500 per year
Major service every 15,000 miles, without belts: $3000
Major service every 30,000miles or 5-8yrs with belts: $5500

Engine Rebuild: $18-25K
Transaxle rebuild: $15K
Clutch replacement: $4K

355

Routine repairs and fluid changes: $500-1500 per year
Major service every 15,000 miles, without belts: $2500
Major service every 30,000miles or 5-8yrs with belts: $4500

Engine Rebuild: $25K
Transaxle rebuild: $14K
Clutch replacement: $2.5K

[dingo]

"The purchase price of a Ferrari is just a deposit on ownership" :wink:

[pharzo]

RC, I think you posted a link a while back to a gents' site who listed all the running costs of his ferrari's...i'll see if i can dig it up

edit: bingo! http://ferrari.stevejenkins.com/

[Mopsdrops]

Not sure about the Testarossa, but here are some figures for the 348 and 355 (cost in USD)

348

Routine repairs and fluid changes: $500-1500 per year
Major service every 15,000 miles, without belts: $3000
Major service every 30,000miles or 5-8yrs with belts: $5500

Engine Rebuild: $18-25K
Transaxle rebuild: $15K
Clutch replacement: $4K

355

Routine repairs and fluid changes: $500-1500 per year
Major service every 15,000 miles, without belts: $2500
Major service every 30,000miles or 5-8yrs with belts: $4500

Engine Rebuild: $25K
Transaxle rebuild: $14K
Clutch replacement: $2.5K

wow, pretty expensive, but what I don't understand, why is it the F355 cheaper to maintain than the 348 ? shouldn't it supposed to be the other way ?

[pharzo]

more modern design, perhaps more modularity built in, easier access... Modern cars are generally cheaper to service than their more antiquated companions

[ae86_16v]

Hot damn. . . that is expensive. And I guess there isn't really a DIY guides :lol: .

Damn. . . hahahah.

http://ferrari.stevejenkins.com/history/f40-sticker.jpg

[e46drew]

^^ if you can turn a wrench, have a good place to work on it, then ya DIY.
I plan to when I get mine, I feal it will make the exotic car expearince more personal.
of corse you still need a technical aptitude :wink:


http://www.308gtb.de/

see tech tips :)

[mindgam3]

Ask on ferrarichat.com

Generally, 355 onwards are fairly reliable but servicing costs are still relatively huge.

Make sure that the car has a full service history and has been serviced/maintained by a ferrari dealer. No matter how good you are with a spanner, I would always get it serviced at a dealer - for peace of mind and future sale of the car.

Don't be put off by higher mileage cars - up to a point they are probably going to be more reliable than garage queens as if something was going to break it would have done so by then.

[saadie]

buying an old car means alot of $$ .... and if the price is really reasonable .. the services and all is gonna make it pritty unreasonable ... as RC explained ^^ :wink:

[mindgam3]

http://www.verdiferrari.biz/servicing.htm

Here's some real costs from probably the best fezza dealer in the UK

355/348:

Annual/6k Miles: £550 - approx $900
Major/18k Miles: £850 - approx $1360
Cambelts Only: £795 - approx $1270
Cambelts + 18K: £1395 - approx $2232
Clutches: from £450 - approx $720

[RAMMIUS]

Let`s face it : if you can`t afford the maintenance for a Ferrari then why struggle to buy one ?

A Ferrari buyer shouldn`t be concerned about running costs and mpg.

[jon_s]

Then there is insurance to think about.

[irrational_i]

Well there are a few things to think about when owning a ferrari.

Firstly the model is important. The 348 is not a good buy at all! F355 is mua much better sorted car.
Secondly 12 cylinders are MUCH more expensive to maintain.
If the parts are the same you are paying 150% of a V8 maintenance.
Also V12's are heavier, so expect much bigger fuel, brake and tyre bills.

Because maintenance is so expensive you shoudl ALWAYS buy the best maintained car. Paying a premium now is well worth it on the long run!

Furthermore if you buy a 2nd hand ferrari you are likely to never lose any money on the buying price. The older the Ferrari the more likely that the car appreciates in value.

Then common sense. An F355 may be "cheaper" to maintain, but buying a 328, saving you several thousand dollars, gives you a large margin to spend. In other words - NEVER extend yourself on buying price!
I would always suggest you must be able to spend 10% of the car's buying price each year on maintenance. That way you will be safe. Even if you service at a Ferrari dealer where the hourly rate is through the roof.

And then look and ask on ferrari forums. Listen to what owners have to say. They usually know. Things like 70's steel bodied 308s are likely to suffer from rust etc.
Or the F40 fuel bags or boxer carbs to name some really common issues.

Do not buy a Ferrari you do not want. Its stupid to buy a 400 series 4 seater just to own a Ferrari. They suck. a 308GT4 dino is cheap, but good, later mondial is bad.

If you love Ferrari and want to own one for that special experience around $50k-$75k I would recommend 328 low end or 512BB(better investment than testarossa). There is nothing like a Ferrari 12! Once you've driven a V8 and V12 back-back you will know what I mean. 8)

In my case I will stick with my Porsche until I can afford a 512BB. Then later upgrade to a 330/365 GTC. Maybe 10-15 years in the future.

[Shinigami]

The newer Ferrari's are also a lot more reliable. 360 and 550 are one of the best to get if you want relatively trouble free Ferrari's. Admittedly, they're not cheap, but with the Scaglietti, new Imola and 430 out (or coming out), the 360 and 550 will soon drop to the price level of the 355 and older models.

At that price, they're beginning to be a bargain (if one considers a $50-80k second hand car a bargain ;) )

[jon_s]

Further, it is worth getting a 'golden' Ferrari warranty. In this months EVO, Harry Metcalfe makes good use the warranty he got for his 550; it needs a new gearbox! :shock: I wounder how much that would have cost!

[ae86_16v]

Yes the F430 looks great. But unlike most Ferrari fanatics, I also like the 360's curvy lines :) .

[digo]

tell me something, in the country that live that is israel there aro now dealers of ferrari because they dont export it to here... so if i am owning a ferrari in here, how can maintien it without a ferrari dealer?

[sameerrao]

IMO - Better than the Modena is the 550M - the best used Ferrari. It is really reliable for a Ferrari and is not that expensive to maintain - relative to the engine out for major service cars like the 348 and 355.

I think keeping in mind purchase and maintainance costs the best Ferrari is the F328 - I think you need to stash away USD 1-2K a year to take care of all the maintenance.

The F1 tranny is a potential maintenance nightmare once the car gets old.

[cooperluke]

Same happens with Porsche I guess... or with the M3 E30



I think that is cheaper to mantain a Porsche... and, has it is more reliable, it won't need so many non-mantainance parts.

And the M3 E30, is it so expensive?? Because of the parts?? It's only a 4 cil.

[dingo]

tell me something, in the country that live that is israel there aro now dealers of ferrari because they dont export it to here... so if i am owning a ferrari in here, how can maintien it without a ferrari dealer?

You can send the car to a Ferrari specialist... in Italy?? :wink:

or fly in your own mechanic. Thats what the guy with the Murcielago in Alice Springs does... :wink:

[cooperluke]

according to BMW standards



BMW standards are not very expensive...

My mom's VW Polo has more expensive maintenance than my dad's BMW. :D