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Old 11-04-2005, 11:08 AM   #16
irrational_i
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Join Date: Jan 2004
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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.
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