Why I hate Ferrari's

[ErVikingo]

Originally Posted by javadog

If your friend was paying $15k for a service, he was paying too much. Most people don't put 15k miles on them between majors, so it's probably a wash.

I've owned many cars where depreciation was much higher than a buck a mile, so that doesn't really phase me.

JR

My friend drives them daily and that was my plan. One of my 911's has over 150K miles, still ticking!

Now, I was not talking about depreciation, just service costs.

Want depreciation, get an Aston, RR, 7 Series, etc. Talk about a steep incline. The CPA in me says, those are cars to buy used.

[Tervuren]

Originally Posted by ErVikingo

My friend drives them daily and that was my plan. One of my 911's has over 150K miles, still ticking!

Now, I was not talking about depreciation, just service costs.

Want depreciation, get an Aston, RR, 7 Series, etc. Talk about a steep incline. The CPA in me says, those are cars to buy used.

Ehh, the thing about the Aston Martin, is if you plan to own it long term, depreciation doesn't matter. I can see keeping an Aston long term, vs a 7 series BMW as a trendy must have new and dispose when the next model comes out sort of car.

If I bought an Aston Martin new, I'd not be selling it in a time frame to make depreciation matter at all. I also trust a new Aston Martin a lot more than a used one that might not of been taken care of. Aston Martin's still have character, and a knowledgeable owner might get some of that "character" sorted under warranty if they see it in time. A used one, you are on your own.

The real depreciation killer in my mind would have to be a turn of millennium Porsche.

I have to admit, the only real reason I would want an Aston, is its a bit of rarity as a large luxury sports GT with a manual gearbox. The bill for work on a hand built car with a V12(used DB9) is not yet something I think I could handle.

I would however, think a DB9 or 911 are more likely for me to own than a Ferrari. I used to really want a Ferrari until I started working on my 944's, it changed the way I look at a Ferrari's build quality entirely.

Modern ones do not have quite the soul, even though the build quality is much improved. I still stand by my earlier post in this thread years ago, favorite Ferrari is the 512BB. My second would be the blue 250 GT Lusso that makes a lot of rounds in pictures and shows.(Its in this thread.) Post 60's, I also like the 308 GT4, 550, and 348.

[AFC-911]

Astons are like tailored suits...I don't know if you can say the same about BMW.

[ErVikingo]

Agree a 7 is not in the same planet as an AM. Just thinking of depreciation.

I will have an Aston at some point.

[ficke]

I had one of the cheapest to buy and most expensive to maintain Ferrari's, a 1981 400I with a 5-speed.
It was the best road car I owned.
I loved it, but the maintenance was a deal killer. I did the work and it was not easy to work on and the parts were big$$ a OEM chain guide was $700 a after market one was $250. 911 ones are $8.00.
Every 40,000 mile you should "service" the engine, which included new timing chains and guides, valve guides ( yes they were shot at that mileage). Because the engine had to be removed and the oil pan to service the water pump, that became one of the many "while you are in there"

[Noah930]

^^ Beautiful garage, ficke.

[ficke]

Thanks Noah.
When I sold it I bought a 930, like coming home, the Porsche.
My car hobby has been series of trying a Marque then buying a Porsche, try another Marque, buy a Porsche, on and on.
After many years and having tried many cars, I came to the conclusion that I really like Porsche's and I do not want to be with out one.
I will not sell my Porsches now to try another Marque.
One more thing on the Ferrari, a friend who was has considerably more means than I ( I have been a Mechanic for most of my working life) said after driving my car " I really like your Ferrari, I just can not afford to own one"
That is when I decided to stop the bleeding and sell it, it was Like a high maintence girl friend, fun but you pay and pay.

[slow&rusty]

Thanks for sharing your 400i experiences Ficke.
I've been very enamored with the 400/412 models since the '80s and always wondered about ownership.
I highly doubt I will ever own one but always enjoy reading about the owners and their experiences.

Since I bought my 930 12 years it has been reliable and fun...so hard to fault..if near impossible.

[911SauCy]

I'll dare to get flamed...

I share the sentiment of this thread with my '78 911... The car was very inexpensive to purchase 6 years ago and now needs a full engine rebuild and can use a trans refresh... If I have someone perform the work it will cost beyond the cars worth. If I do it, it's still exorbitantly expensive considering what you're getting for the $ and theres an eement for real error as it would be my first attempt.

I try to tell myself I must retain the car bc someday I'l be able to fix it and its such a prized auto...but I can't seem to raise my disposable income faster than the costs rise

[ficke]

Slow&rusty, The 400I was a great car, very usable, back seats, good sized trunk. It really was one of the best road cars I had, if not the best, very strong and good windshield wipers, two heaters that would keep all glass perfectly clear.
The car weighed 4,600 pounds, got 14MPG on the highway and a lot less in the city, held 17 quarts of oil and it was a wet sump engine!
The power was very nice ,liner, and turbine smooth.
I put over 20,000miles on that car in all kinds of weather.
I would still rather have my 930, which is also great road car with less maintence and more top speed and better handling, I do not like power steering and the 400/412 series cars have power steering and need it because of the weight.
911/930 have the best steering, good road feel with out the heavy effort.
My 930 is my road trip car now and I like it!

[Shaun @ Tru6]

this car seems inexpensive.

https://boston.craigslist.org/sob/cto/5927643268.html

[ficke]

Originally Posted by 911SauCy

I'll dare to get flamed...

I share the sentiment of this thread with my '78 911... The car was very inexpensive to purchase 6 years ago and now needs a full engine rebuild and can use a trans refresh... If I have someone perform the work it will cost beyond the cars worth. If I do it, it's still exorbitantly expensive considering what you're getting for the $ and theres an eement for real error as it would be my first attempt.

I try to tell myself I must retain the car bc someday I'l be able to fix it and its such a prized auto...but I can't seem to raise my disposable income faster than the costs rise

No flaming, Porsches cost a lot more than Subaru's and such to maintain but when compared to a Ferrari they are a bargain, cost is relative.
Porsche's are inexpensive and efficient in the high end sports car world.

[ficke]

Originally Posted by Shaun @ Tru6

this car seems inexpensive.

https://boston.craigslist.org/sob/cto/5927643268.html

Funny, I can not seem to find the mileage of the car in the ad?

[Shaun @ Tru6]

just looked too and not there so probably more than most 360s.

[ficke]

Ferrari's get almost unsellable when they have Porsche break in mileage.

[kach22i]

If not already posted:

Don't buy A Used Ferrari...
https://www.youtube.com/watch?v=6hUyTFSj08U

Published on Jan 3, 2017

How much does it cost to own a Ferrari F355? Here is the exact cost of ownership over the last 1,000 miles spend between myself and the previous owner. It's not cheap!

[javadog]

Always good to get advice from a pair of idiots.

JR

[matt930s]

Have you watched the rest of this idiots videos?

I believe there are a number of "rich kid and I own a super car " vids...

Originally Posted by kach22i

If not already posted:

Don't buy A Used Ferrari...
https://www.youtube.com/watch?v=6hUyTFSj08U

[javadog]

Originally Posted by matt930s

Have you watched the rest of this idiots videos?

Hell no. I didn't even finish watching the one that Kratch posted. A waste of time...

Hopefully these two will find a mentor that will work with them and get their heads pulled out of their asses while they are still in their formative years.

JR

[911SauCy]

Why so nasty about two guys counting receipts to make a point?