Mollox Posted October 31, 2005 Report Share Posted October 31, 2005 So how about a first bit of knowledge We have the benefit of having all of your combined knowledge and experience, does anyone want to have a stab at outlining typical running costs of a modern Ferrari. I'm sick of hearing all the sucking air through teeth and head-shaking associated with "I really quite fancy a Ferrari". Is it really that bad? Do you have to have the engine out to change a windscreen wiper? Does it need servicing every 45 minutes? Or is it all just an urban legend? I think we'd all benefit from understanding the reality of owning a Ferrari and I'm sure it will benefit many people seriously considering buying one. Does anyone fancy taking this on and writing a bit of a guide to running costs? Do they vary much by model? If they do and someone wants to factor this in then even better. Come on, shock me Link to comment Share on other sites More sharing options...
NewNiceMrMe Posted October 31, 2005 Report Share Posted October 31, 2005 Yes yes yes! No!! Oh hang on, do we really want this? Yes we do. No I don't. Yes I do. No she doesn't. Aw feck. Yes, great question Molly! For me in particular, can the Ferrari owners be specific in respect of, say, the 3 year running costs of: F355 F355 Spyder F360 F360 Challenge Stradale Both 355's as late models, 360's as early-mid models. Ta very much. No, I don't mean that. Ermmm, well I might. It depends. Make it expensive. Yes, tell us it is VERY expensive, please. Link to comment Share on other sites More sharing options...
stevew Posted October 31, 2005 Report Share Posted October 31, 2005 Good question. 348/355 need belts every 3 years and it's an engine out job to do it properly,costs about £1500/£2000.Some do it insitu and save a few hundred quid,BUT it's NOt the right way IMO. 308/328 need belts every 2 years,dead easy job to DIY,belts cost about £9 each or it's about £400 to have it done. Normally servicing every other year. Parts can be expensive. The engineering and build quality are light years ahead of TVR,Lotus etc(sorry but it's true). Reliabilty wise,I was that confident in my 308 that I could have got in it and gone anywhere without it letting me down. The 348 I have now has been the same so far(touches wood very quickly) Link to comment Share on other sites More sharing options...
Omi Posted October 31, 2005 Report Share Posted October 31, 2005 IIRC from chats with Jon, full service on his Modena is about £600 every 6000 miles... Don't think they need belts too often. In Jon's case, that's an oil change every 3 clutches. He'll be along shortly to berate me. Link to comment Share on other sites More sharing options...
MOSE Posted November 1, 2005 Report Share Posted November 1, 2005 [ QUOTE ] Good question. 348/355 need belts every 3 years and it's an engine out job to do it properly,costs about £1500/£2000.Some do it insitu and save a few hundred quid,BUT it's NOt the right way IMO. 308/328 need belts every 2 years,dead easy job to DIY,belts cost about £9 each or it's about £400 to have it done. Normally servicing every other year. Parts can be expensive. The engineering and build quality are light years ahead of TVR,Lotus etc(sorry but it's true). Reliabilty wise,I was that confident in my 308 that I could have got in it and gone anywhere without it letting me down. The 348 I have now has been the same so far(touches wood very quickly) [/ QUOTE ] As much as I love the marque, an experience has put me off for life. Otherwise I would have one without a shadow of a doubt. In 1975 my dad bought a 250 GT (the short wheel base lusso version. He bought it from a private collector somewhere in Clapham area. Within a matter of weeks the car had engine trouble and inevitably needed a new engine, at a cost of almost having to remortgage the house. A sad end to a fantastic car, but also to the hope of ever owning a Fezza. Link to comment Share on other sites More sharing options...
355fiorano Posted November 1, 2005 Report Share Posted November 1, 2005 For a 355, with no major dramas you're looking for £2500-£3000 p.a servicing for about 5000 miles p.a. It can vary a bit, based on if you use a main dealer or an independent. This includes regular yearly servicing and the odds and ends like clutch (£1200ish) or Tyres (£600) or Cam belts (£1400) that will always turn up when you don't expect. Insurance seems to be in the range of £1200-£2600 depending on particulars. So for normal use, £5k p.a. is a good budget to keep the car in top shape. If you do trackdays then count for about £750-£1k per day extra. 360 should be the same or cheaper i think as it was probably the first ferrari to be engineerd with servicing in mind so the labour hours are less for work carried out eg you dont need the engine out for belts so cost in nearly half that for a 355. I don't know about parts costs and how they compare but for a CS I think you go to a completely different league table me thinks. Link to comment Share on other sites More sharing options...
spidermanUK Posted November 1, 2005 Report Share Posted November 1, 2005 [ QUOTE ] As much as I love the marque, an experience has put me off for life. In 1975 my dad bought a 250 GT (the short wheel base lusso version. A sad end to a fantastic car, but also to the hope of ever owning a Fezza. [/ QUOTE ] And I presume the reason you can't bring yourself to indulge is that you are too busy kicking yourself for letting go of a car that would by now be worth enough to pay the mortgage off, and buy a nice little holiday home as well! These cars are bought with the heart, not the head! Link to comment Share on other sites More sharing options...
NewNiceMrMe Posted November 1, 2005 Report Share Posted November 1, 2005 [ QUOTE ] For a 355, with no major dramas you're looking for £2500-£3000 p.a servicing for about 5000 miles p.a. It can vary a bit, based on if you use a main dealer or an independent. This includes regular yearly servicing and the odds and ends like clutch (£1200ish) or Tyres (£600) or Cam belts (£1400) that will always turn up when you don't expect. Insurance seems to be in the range of £1200-£2600 depending on particulars. So for normal use, £5k p.a. is a good budget to keep the car in top shape. If you do trackdays then count for about £750-£1k per day extra. [/ QUOTE ] Hmm, that's more than I would have expected TBH. How often do the clutches last on 'average'? Tyres sound relatively cheap in comparison to £800 a set for an M3 or a 6-series, but I've got contact on them anyway so tyres are never something I have to worry about too much. It was the track day factoring of £750-£1,000 a day that really surprised me. I they THAT suspect after a few hours hard driving? Insurance sounds about where I expect it and the low end of that is just a bit more than I pay on the 6 now. Link to comment Share on other sites More sharing options...
355fiorano Posted November 1, 2005 Report Share Posted November 1, 2005 I guess consumable last depending on your use. I had my clutch done at 17500 miles for the first time. I also had the brake rotors done then as well and that was about £800 or so if I remember conrrectly. Pads are about £250 +VAT fitted from a main dealer and half that form an independent. The tyres can cost you up to £1000 if you go to a main dealer but if you use alternatives then the price is lower. Track days cost about £300 to attend, about £350k insurance for £30k damage, £100 or so petrol and the rest would be the increases wear and tear (I try to have an oil change after 2 or 3 track days). Link to comment Share on other sites More sharing options...
NewNiceMrMe Posted November 1, 2005 Report Share Posted November 1, 2005 Oh I see, sorry I've misunderstood your figures for the track day. I thought you meant that the associated maintenance costs resulting from a track day would be equivalent to £750-£1000 per day! I didn't realise you'd factored the track day cost itself and insurance into that. Link to comment Share on other sites More sharing options...
tonyh Posted November 1, 2005 Report Share Posted November 1, 2005 [ QUOTE ] [ QUOTE ] For a 355, with no major dramas you're looking for £2500-£3000 p.a servicing for about 5000 miles p.a. It can vary a bit, based on if you use a main dealer or an independent. This includes regular yearly servicing and the odds and ends like clutch (£1200ish) or Tyres (£600) or Cam belts (£1400) that will always turn up when you don't expect. Insurance seems to be in the range of £1200-£2600 depending on particulars. So for normal use, £5k p.a. is a good budget to keep the car in top shape. If you do trackdays then count for about £750-£1k per day extra. [/ QUOTE ] Hmm, that's more than I would have expected TBH. How often do the clutches last on 'average'? Tyres sound relatively cheap in comparison to £800 a set for an M3 or a 6-series, but I've got contact on them anyway so tyres are never something I have to worry about too much. It was the track day factoring of £750-£1,000 a day that really surprised me. I they THAT suspect after a few hours hard driving? Insurance sounds about where I expect it and the low end of that is just a bit more than I pay on the 6 now. [/ QUOTE ] Mrme, it's not all bad. My car's 25k miles up and on orig clutch, manifolds and shows no valve guide probs. T Link to comment Share on other sites More sharing options...
Insurance Jon Posted November 1, 2005 Report Share Posted November 1, 2005 service every 12k on the 360 @ £600, belts every 3 years @ £350, clutch 8-15k miles @ £2k Link to comment Share on other sites More sharing options...
Andrew Posted November 1, 2005 Report Share Posted November 1, 2005 Anyone care to venture the running costs of an F40? I asked this question a few weeks back and with the new influx of owners what a better time to ask again! I know the rear wing costs about £16k. I also happen to know (from previous posts) the F40 is one of MrMe's favourites too so perhaps, if reasonable, we could upsell him to one and see what his wife thinks of that! Link to comment Share on other sites More sharing options...
355fiorano Posted November 1, 2005 Report Share Posted November 1, 2005 Have you also factored in "Polishing" costs? The tripple layer Mcquires/Zymol/Swissall, clay bars, microfibre coths and the occasional detailiner visits must cost a fair bit too... Oh and the annual / bi annual stone chip respray ? As for astonishing costs .. you can pick a 456 for £30k now but if you ever need a new bonnet, that will be £9,000 for the part + paint + fitting + VAT (i.e. £16k or so. I think the boot is a lot cheaper so worth driving it around in reverse for a good proportion of the time Link to comment Share on other sites More sharing options...
355fiorano Posted November 1, 2005 Report Share Posted November 1, 2005 As for the F40 I hear that you need to do something with the fuel tank like recoat it every 2 years or so and that costs a good £10k or so! Link to comment Share on other sites More sharing options...
Andrew Posted November 1, 2005 Report Share Posted November 1, 2005 So, that will be a resounding "NO", not reasonable costs then!! Shame, I'd like to have read a transcript of the conversation between MrMe and his wife when he parked it in the driveway! Link to comment Share on other sites More sharing options...
355fiorano Posted November 1, 2005 Report Share Posted November 1, 2005 Its all in the bargaining. As no-one really owns Ferraris (and especially legends like the F40) but are just temporary custodians, he can bargain hard and save £10k in the begining. That will allow for one fuel tank service. He can keep the car of 3.5 years and then sell it, probably at the same he paid. Not a bad deal really. Link to comment Share on other sites More sharing options...
tonyh Posted November 1, 2005 Report Share Posted November 1, 2005 [ QUOTE ] As for the F40 I hear that you need to do something with the fuel tank like recoat it every 2 years or so and that costs a good £10k or so! [/ QUOTE ] Only on Euro cars which are fitted with perishable rubber tanks and IIRC it's every 5 years Link to comment Share on other sites More sharing options...
Woppum Posted November 1, 2005 Report Share Posted November 1, 2005 I know mum was told she has to have a service every 7k miles, and from what I gather Ferrari charge a damn sight more for everything than Mercedes. Having said that the car goes wrong less!!! So far. Link to comment Share on other sites More sharing options...
Insurance Jon Posted November 1, 2005 Report Share Posted November 1, 2005 should be same as the 360 wopps. Link to comment Share on other sites More sharing options...
Woppum Posted November 1, 2005 Report Share Posted November 1, 2005 Maybe its just HR Owen playing silly buggers. She overfilled it with oil the other day and huge black smoke was pouring out the pipes. Apparently they have a drain release valve now so it didn't cause that much trouble. But apparently if you overfill your 360 they have to take the whole engine apart... Link to comment Share on other sites More sharing options...
Insurance Jon Posted November 1, 2005 Report Share Posted November 1, 2005 yup, v expensive. they should fill the oil for what she paid though! Link to comment Share on other sites More sharing options...
helfinger Posted November 4, 2005 Report Share Posted November 4, 2005 Will maserati be the same for servicing do you think as my dad was thinking of getting one as he is retiring soon, but a bit put off due to the servicing costs...... Link to comment Share on other sites More sharing options...
burriana Posted November 4, 2005 Report Share Posted November 4, 2005 From a 348 perspective, or mine anyway... Services are generally around £600, except for the engine out service and belt change every 3 years or 30k miles which as Steve said is about £1500 inde or £2k main dealer. Pirelli P-zeros @ £150 each, last about 10k miles as they are pretty soft but very grippy! I had a new clutch last November and it cost £750 all in. That had lasted 25k miles. Use an independent that will fix things or replace component parts instead of just banging a whole new unit in at full cost! Don't get a limited mileage policy cos you'll want to drive the damn thing ALL THE TIME! Mine is £900 for me and wife, unlimited mileage. The cost pales into insignificance though when you turn the key and let the clutch out. Link to comment Share on other sites More sharing options...
Insurance Jon Posted November 4, 2005 Report Share Posted November 4, 2005 newer shape massers such as the 3200 and the 4200 are about the same....older ones like Ghilbi are scary Link to comment Share on other sites More sharing options...
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