Ferrari 355 GTS & 550
Intéressant article!
http://www.sportscarmarket.com/articles/archives/939
Only weeks into ownership, the 30,000-mile service was repeated and the front shocks were replaced, for a total of $6,196.57
By Michael Sheehan
Answering daily phone calls and emails provides a never-ending supply of topics on which to pontificate. The “real-world” cost to drive a late model Ferrari is one of the more frequent questions I’m asked.
I recently sold an unusually well-documented 1998 550 Maranello, S/N 111317, with 36,200 miles to a client in the jet aircraft industry, and comparisons between Ferrari and jet costs inspired this column. Like a private jet that requires three to four hours of maintenance for every hour of flight time, Ferraris are not cheap to own.
FIRST TWO YEARS ALMOST FREE
550 Ferrari S/N 111317 was sold new on March 19, 1998, at $225,000, to a wealthy Santa Monica real estate investor and used for weekend retreats to his ranch in Ojai, a 150-plus-mile round trip. Thanks to an unlimited mileage warranty, the first two years were relatively expense free.
The first bite came in August 2000, five months after the warranty expired. At 13,637 miles, the owner brought the car in for a 15,000-mile service, two rear tires, and an oil, filter, and coolant change for $2,665.70. Two months later, in October, at 17,220 miles, noisy cam belts and bearings were replaced at no cost (thanks to a warranty extension by Ferrari). The windshield washer reservoir was also replaced for $529.25. A month later, in November, at 17,618 miles, the front spoiler and three wheels were refinished because of road-rash, at $1,285. Total for the first year out of warranty, and about 4,000 miles: $4,479.95, or $1.12 per mile.
As 2001 rolled around, in January, at 18,124 miles, two ball joints and sway bar bushings were replaced at $253.47, a standard procedure for a heavy, high performance, front-engined car with power steering. Three months later, in April, at 18,998 miles, a coolant leak, new front tires, another repaint of the wheels, and a detail added $2,718 to the ongoing maintenance bill.
A few days later, at 19,002 miles, the check engine light came on and an O2 sensor was replaced at $261.31. A month later, in late May, at 19,329 miles, the dash pod had to come out for an instrument panel repair, at $1,290.18. Five months and 1,289 miles later, in early October, at 20,618 miles, an annual oil and filter service and new rear tires added $2,386.60 to the expense column.
$8,988 FOR SECOND YEAR OUT OF WARRANTY
In December 2001, a service at 21,358 miles for dash lights, rattles, and a radiator R & R for coolant leaks closed the year out at $2,078.82. Total for the second year out of warranty, and another 3,740 miles: $8,988.38, or $2.40 a mile.
In January 2002, at 21,966 miles, the owner had the battery replaced, new suspension bushings installed, and a wheel alignment for $1,228.35. In March, at 22,956 miles, the license plate frame was replaced for $124.99, and in May, at 23,802 miles, the power steering pump was replaced and the fluids serviced, at $500.95.
Four months and 2,657 miles later, in September, at 25,607 miles, the steering box, power steering rack, and rear shocks were replaced, and the wheels were aligned for $8,641.69. The year ended at 26,236 miles, with a compression and leakdown problem discovered in late December at the 30,000-mile service. New cam belts, engine mounts, and a valve job followed, with all 24 valves and valve guides replaced at $7,954.66. Fortunately for the owner, Ferrari supplied the valves and guides under an extended warranty. Another year, another 4,878 miles, adding up to $18,450.64, or $3.78 a mile.
TOYOTA MONEY: 37 CENTS PER MILE
The Ferrari gods were smiling in 2003, with only 672 miles added and one service for hood shocks, in March, at 26,908 miles. Cost of ownership was only $249.38. Little use means no visits to ever-vigilant Ferrari mechanics, who point out problems that need to be resolved. This year cost Toyota money—just 37 cents per mile. Of course, there weren’t many miles driven either.
In 2004, 550 S/N 111317 saw little use, but frequent visits to the service center, beginning in January, at 31,688 miles, for a seat control switch and wiper blades at $1,366.43. A week later, in early February, at 31,860 miles, sway bar bushings were replaced at $208.63. In late February, at 32,035 miles, the handbrake shoes and rear brake rotors were replaced and four new tires were fitted, at $3,365.79. In early March, at 32,122 miles, a coolant leak added $903.21 to the annual cost. Another year, another 5,214 miles, another $5,844.06. The cost per mile, $1.12.
In late December 2004, Ferrari 550 S/N 111317 moved on to her second owner, for $90,000, and no service bills were added to the year. A real estate investor and self-confessed “Porsche guy,” the second owner had always wanted a Ferrari and bought the 550 simply because he knew the car through the original owner. Only weeks into Ferrari ownership, in January 2005, at 32,945 miles, a 30,000-mile service was again done, under the “while-you’re-at-it” theory, because of oil leaks. The front shocks were also replaced, at $6,196.57. Only weeks later, the second owner also had the nose repainted, and his 550 “personalized” with the front fenders modified for fender shields and the calipers redone in yellow, at $7,759.70. NOT FOR THE TIMID: $10.27 PER MILE
A month later, in March, the steering wheel was recovered for $450, and in April the windows were tinted and a “clear bra” installed for $935. Only weeks later, the owner continued to personalize his 550 with a Tubi Exhaust for $3,155.94. In August, at 34,235 miles, the oil hoses and other minor items were replaced, at $3,194.44. Total mileage for the second owner: 2,113 miles and $21,691.65. Most of this work was pure pride-of-ownership personalization, but the financially timid need not apply, as the cost per mile, at $10.27 per mile, was approaching that of an M1 tank.
As 2006 rolled in, our second owner next had a new clutch installed, in January, at 35,625 miles, for $4,852.59. After sitting for six months, the second owner decided that he really was a “Porsche guy” at heart. The 550 was too big for his tastes and so, in August, 550 Ferrari S/N 111317 was picked up from his home and dropped off for an a/c service, at 36,196 miles, for $519.40. Cost of ownership for the second owner, for 2006: 1,961 miles at $5,371.99, or $2.73 per mile.
In August 2006, our subject 550 was again sold for $90,000, with 36,196 miles, to the third owner, the president of a corporate jet maintenance and sales company. During the pre-purchase, an oil leak was found, and while the estimate was $3,000, the final bill was $1,582.58. The third owner appreciated the subtle lines and wanted a user-friendly Ferrari that could be driven daily in New York weather and traffic.
A long-time Ferrari owner, he appreciated that virtually all of the depreciation was reflected in the purchase price and that at 36,000 miles, adding mileage wouldn’t kill the value. His last toy was a new Porsche Turbo at $160,000, and while it had been nice to order a car exactly as he wanted, the depreciation wasn’t worth the thrill when he sold it after three years for $95,000.
The warranty on 550 S/N 111317 ran out in March, 2000, at about 13,500 miles. Our subject 550 went to the third owner in September 2006 at 36,200 miles, so the total miles out of warranty was 22,700 miles, with a total spent of $65,760.50, or $2.90 a mile, right at $11,000 a year.
Ferrari ownership is both a lifestyle and a socio-economic statement, just as owning a polo pony is a different venture than keeping a draught horse. As one former owner of S/N 111317 put it, “I spend more than that on crap on eBay every year.” No other statement quite sums up the difference between those who lust for a Ferrari from those who can pay the price of ownership.
http://www.sportscarmarket.com/articles/archives/939
Only weeks into ownership, the 30,000-mile service was repeated and the front shocks were replaced, for a total of $6,196.57
By Michael Sheehan
Answering daily phone calls and emails provides a never-ending supply of topics on which to pontificate. The “real-world” cost to drive a late model Ferrari is one of the more frequent questions I’m asked.
I recently sold an unusually well-documented 1998 550 Maranello, S/N 111317, with 36,200 miles to a client in the jet aircraft industry, and comparisons between Ferrari and jet costs inspired this column. Like a private jet that requires three to four hours of maintenance for every hour of flight time, Ferraris are not cheap to own.
FIRST TWO YEARS ALMOST FREE
550 Ferrari S/N 111317 was sold new on March 19, 1998, at $225,000, to a wealthy Santa Monica real estate investor and used for weekend retreats to his ranch in Ojai, a 150-plus-mile round trip. Thanks to an unlimited mileage warranty, the first two years were relatively expense free.
The first bite came in August 2000, five months after the warranty expired. At 13,637 miles, the owner brought the car in for a 15,000-mile service, two rear tires, and an oil, filter, and coolant change for $2,665.70. Two months later, in October, at 17,220 miles, noisy cam belts and bearings were replaced at no cost (thanks to a warranty extension by Ferrari). The windshield washer reservoir was also replaced for $529.25. A month later, in November, at 17,618 miles, the front spoiler and three wheels were refinished because of road-rash, at $1,285. Total for the first year out of warranty, and about 4,000 miles: $4,479.95, or $1.12 per mile.
As 2001 rolled around, in January, at 18,124 miles, two ball joints and sway bar bushings were replaced at $253.47, a standard procedure for a heavy, high performance, front-engined car with power steering. Three months later, in April, at 18,998 miles, a coolant leak, new front tires, another repaint of the wheels, and a detail added $2,718 to the ongoing maintenance bill.
A few days later, at 19,002 miles, the check engine light came on and an O2 sensor was replaced at $261.31. A month later, in late May, at 19,329 miles, the dash pod had to come out for an instrument panel repair, at $1,290.18. Five months and 1,289 miles later, in early October, at 20,618 miles, an annual oil and filter service and new rear tires added $2,386.60 to the expense column.
$8,988 FOR SECOND YEAR OUT OF WARRANTY
In December 2001, a service at 21,358 miles for dash lights, rattles, and a radiator R & R for coolant leaks closed the year out at $2,078.82. Total for the second year out of warranty, and another 3,740 miles: $8,988.38, or $2.40 a mile.
In January 2002, at 21,966 miles, the owner had the battery replaced, new suspension bushings installed, and a wheel alignment for $1,228.35. In March, at 22,956 miles, the license plate frame was replaced for $124.99, and in May, at 23,802 miles, the power steering pump was replaced and the fluids serviced, at $500.95.
Four months and 2,657 miles later, in September, at 25,607 miles, the steering box, power steering rack, and rear shocks were replaced, and the wheels were aligned for $8,641.69. The year ended at 26,236 miles, with a compression and leakdown problem discovered in late December at the 30,000-mile service. New cam belts, engine mounts, and a valve job followed, with all 24 valves and valve guides replaced at $7,954.66. Fortunately for the owner, Ferrari supplied the valves and guides under an extended warranty. Another year, another 4,878 miles, adding up to $18,450.64, or $3.78 a mile.
TOYOTA MONEY: 37 CENTS PER MILE
The Ferrari gods were smiling in 2003, with only 672 miles added and one service for hood shocks, in March, at 26,908 miles. Cost of ownership was only $249.38. Little use means no visits to ever-vigilant Ferrari mechanics, who point out problems that need to be resolved. This year cost Toyota money—just 37 cents per mile. Of course, there weren’t many miles driven either.
In 2004, 550 S/N 111317 saw little use, but frequent visits to the service center, beginning in January, at 31,688 miles, for a seat control switch and wiper blades at $1,366.43. A week later, in early February, at 31,860 miles, sway bar bushings were replaced at $208.63. In late February, at 32,035 miles, the handbrake shoes and rear brake rotors were replaced and four new tires were fitted, at $3,365.79. In early March, at 32,122 miles, a coolant leak added $903.21 to the annual cost. Another year, another 5,214 miles, another $5,844.06. The cost per mile, $1.12.
In late December 2004, Ferrari 550 S/N 111317 moved on to her second owner, for $90,000, and no service bills were added to the year. A real estate investor and self-confessed “Porsche guy,” the second owner had always wanted a Ferrari and bought the 550 simply because he knew the car through the original owner. Only weeks into Ferrari ownership, in January 2005, at 32,945 miles, a 30,000-mile service was again done, under the “while-you’re-at-it” theory, because of oil leaks. The front shocks were also replaced, at $6,196.57. Only weeks later, the second owner also had the nose repainted, and his 550 “personalized” with the front fenders modified for fender shields and the calipers redone in yellow, at $7,759.70. NOT FOR THE TIMID: $10.27 PER MILE
A month later, in March, the steering wheel was recovered for $450, and in April the windows were tinted and a “clear bra” installed for $935. Only weeks later, the owner continued to personalize his 550 with a Tubi Exhaust for $3,155.94. In August, at 34,235 miles, the oil hoses and other minor items were replaced, at $3,194.44. Total mileage for the second owner: 2,113 miles and $21,691.65. Most of this work was pure pride-of-ownership personalization, but the financially timid need not apply, as the cost per mile, at $10.27 per mile, was approaching that of an M1 tank.
As 2006 rolled in, our second owner next had a new clutch installed, in January, at 35,625 miles, for $4,852.59. After sitting for six months, the second owner decided that he really was a “Porsche guy” at heart. The 550 was too big for his tastes and so, in August, 550 Ferrari S/N 111317 was picked up from his home and dropped off for an a/c service, at 36,196 miles, for $519.40. Cost of ownership for the second owner, for 2006: 1,961 miles at $5,371.99, or $2.73 per mile.
In August 2006, our subject 550 was again sold for $90,000, with 36,196 miles, to the third owner, the president of a corporate jet maintenance and sales company. During the pre-purchase, an oil leak was found, and while the estimate was $3,000, the final bill was $1,582.58. The third owner appreciated the subtle lines and wanted a user-friendly Ferrari that could be driven daily in New York weather and traffic.
A long-time Ferrari owner, he appreciated that virtually all of the depreciation was reflected in the purchase price and that at 36,000 miles, adding mileage wouldn’t kill the value. His last toy was a new Porsche Turbo at $160,000, and while it had been nice to order a car exactly as he wanted, the depreciation wasn’t worth the thrill when he sold it after three years for $95,000.
The warranty on 550 S/N 111317 ran out in March, 2000, at about 13,500 miles. Our subject 550 went to the third owner in September 2006 at 36,200 miles, so the total miles out of warranty was 22,700 miles, with a total spent of $65,760.50, or $2.90 a mile, right at $11,000 a year.
Ferrari ownership is both a lifestyle and a socio-economic statement, just as owning a polo pony is a different venture than keeping a draught horse. As one former owner of S/N 111317 put it, “I spend more than that on crap on eBay every year.” No other statement quite sums up the difference between those who lust for a Ferrari from those who can pay the price of ownership.
[size=84][color=blue]07'V8 Vantage[/color][/size]
[size=84][color=orange]07'Exige S[/color][/size]
[size=84][color=red]07'S8[/color][/size]
[size=84][color=black]04'Carrera GT[/color][/size]
[size=84][color=orange]07'Exige S[/color][/size]
[size=84][color=red]07'S8[/color][/size]
[size=84][color=black]04'Carrera GT[/color][/size]
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ze_shark
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Intéressant, mais je ne suis pas sûr de savoir ce que ça démontre, à part le fait que des services "chèque en blanc" dans le réseau Ferrari North America peuvent coûter très cher, tout comme les mauvaises surprises sur une 550, si il y en a. La mienne se situe fort heureusement à l'autre opposé du spectre, je touche du bois.
Inclure dans la même addition de l'entretien, des silencieux Tubi (grossièrement surfacturés) et des vitres teintées me semble tendancieux, à moins que ce soit dans le but d'illustrer, comme la conclusion le suggère, qu'une certaine clientèle est prête à payer fort cher.
Inclure dans la même addition de l'entretien, des silencieux Tubi (grossièrement surfacturés) et des vitres teintées me semble tendancieux, à moins que ce soit dans le but d'illustrer, comme la conclusion le suggère, qu'une certaine clientèle est prête à payer fort cher.
Cela montre effectivement que si on veut se faire tondre et qu'on en a les moyens, le réseau se fera un plaisir : la paire d'essuie-glaces à $100, le support de plaques au même prix, le bocal de liquide de lave glace à $500 (et je vois pas trop ce qui peut faire qu'on ait à le remplacer et encore moins ce qui justifie le prix).
Maintenant, à mon avis ce n'est pas du tout le cout d'exploitation raisonnable d'une Ferrari récente. A ce sujet, il faudra peut être comparer avec lapin agile ou lire l'essai longue durée du Shark.
Maintenant, à mon avis ce n'est pas du tout le cout d'exploitation raisonnable d'une Ferrari récente. A ce sujet, il faudra peut être comparer avec lapin agile ou lire l'essai longue durée du Shark.
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Polon
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Y a juste deux-trois petits principes élémentaires avant de laisser sa voiture au garagiste, comme toujours demander un devis, même pour un service d'entretien prescrit.
Je me suis amusé hier soir à comparer les frais d'entretien et consommables uniquement (hors essence) entre la 406 et la QP sur 40'000 km. La différence vaut ce qu'elle vaut, mais sachant que la QP avait quasiment été remise à neuf par l'ancien proprio (pneus, freins, échappement, embrayage, courroies et toute la distribution) avant sa vente, je me retrouvais avec un véhicule quasi dans le même état d'usure que la 406.
La différence (env. CHF 4'500.-) est plus faible que ce que je pensais, en défaveur de la QP bien entendu, mais attribuée à la consommation accrue d'huile par rapport à la 406, ainsi qu'à la fréquence de révision des courroies.
La question est de savoir maintenant si effectivement je me faisais tondre par Peugeot ou pas...
Je me suis amusé hier soir à comparer les frais d'entretien et consommables uniquement (hors essence) entre la 406 et la QP sur 40'000 km. La différence vaut ce qu'elle vaut, mais sachant que la QP avait quasiment été remise à neuf par l'ancien proprio (pneus, freins, échappement, embrayage, courroies et toute la distribution) avant sa vente, je me retrouvais avec un véhicule quasi dans le même état d'usure que la 406.
La différence (env. CHF 4'500.-) est plus faible que ce que je pensais, en défaveur de la QP bien entendu, mais attribuée à la consommation accrue d'huile par rapport à la 406, ainsi qu'à la fréquence de révision des courroies.
La question est de savoir maintenant si effectivement je me faisais tondre par Peugeot ou pas...
[i] Having standards leaves you with only one choice... the best. [/i]
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La grenouille
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Polon a écrit :Y a juste deux-trois petits principes élémentaires avant de laisser sa voiture au garagiste, comme toujours demander un devis, même pour un service d'entretien prescrit.
Je me suis amusé hier soir à comparer les frais d'entretien et consommables uniquement (hors essence) entre la 406 et la QP sur 40'000 km. La différence vaut ce qu'elle vaut, mais sachant que la QP avait quasiment été remise à neuf par l'ancien proprio (pneus, freins, échappement, embrayage, courroies et toute la distribution) avant sa vente, je me retrouvais avec un véhicule quasi dans le même état d'usure que la 406.
La différence (env. CHF 4'500.-) est plus faible que ce que je pensais, en défaveur de la QP bien entendu, mais attribuée à la consommation accrue d'huile par rapport à la 406, ainsi qu'à la fréquence de révision des courroies.
La question est de savoir maintenant si effectivement je me faisais tondre par Peugeot ou pas...
4500 de diff c'est en effet presque raisonnable pour rouler dans une QP.
J'veux du light, pas d'assistances et du son...en attendant une 997GT3RS 4.0 fera très bien l'affaire:-)
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F355challenge
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Corsugone
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Le post de Mark ne me surprend pas du tout, j'ai vu une facture de 25000 euros pour une réfection moteur de F355 ayant 27000km. Une Ferrari moderne est généralement fiable mais quand un problème survient, là, s'attendre à une grosse facture. Il ne faut pas non plus généraliser. Je connais plusieurs propriétaires de F355 possédant des voitures avec plus de 60.000 km et qui marchent très bien. Pour info, ils ont tous fais changer les collecteurs d'échappement par prévention ....
Je pense que seule Ferrari peut se permettre d'afficher des coûts d'entretien prohibitif sans que les clients réclament. Aujourd'hui, je préfère de loin la philosophie Lotus ; des châssis performants équipés de moteurs éprouvés. C'est surement moins prestigieux mais le plaisir est bien réel. Durant ces deux dernières années ma Lotus m'a couté 600 euros d'entretien ...
Ce n'est pas la même cible que la clientèle Lotus. Reste à voir la future esprit qui sera surement au prix d'une V8 vantage mais sa mécanique éprouvée en fera une des SuperCar les moins chères à l'exploitation.
Je pense que seule Ferrari peut se permettre d'afficher des coûts d'entretien prohibitif sans que les clients réclament. Aujourd'hui, je préfère de loin la philosophie Lotus ; des châssis performants équipés de moteurs éprouvés. C'est surement moins prestigieux mais le plaisir est bien réel. Durant ces deux dernières années ma Lotus m'a couté 600 euros d'entretien ...
Ce n'est pas la même cible que la clientèle Lotus. Reste à voir la future esprit qui sera surement au prix d'une V8 vantage mais sa mécanique éprouvée en fera une des SuperCar les moins chères à l'exploitation.
"I have a problem with Porsches. They're wonderful cars, but I know I could never live with one. I don't go around saying that Porsches are a pile of dung, but I do know that psychologically I couldn't handle owning one" Rowan Atkinson.
Je vais l'avouer, la 355 avec les Testarossa sont les seules vraies Ferrari qui m'ont chamboulés et m'impressionnent toujours niveau design...Sans parler de la F40. 
[size=84][color=blue]07'V8 Vantage[/color][/size]
[size=84][color=orange]07'Exige S[/color][/size]
[size=84][color=red]07'S8[/color][/size]
[size=84][color=black]04'Carrera GT[/color][/size]
[size=84][color=orange]07'Exige S[/color][/size]
[size=84][color=red]07'S8[/color][/size]
[size=84][color=black]04'Carrera GT[/color][/size]
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Polon
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Je rajouterais encore juste une 250 GT Spyder California SWB...Mark a écrit :Je vais l'avouer, la 355 avec les Testarossa sont les seules vraies Ferrari qui m'ont chamboulés et m'impressionnent toujours niveau design...Sans parler de la F40.
J'ai le souvenir d'une 355 rouge que je suivais en ville de Lausanne, et au ralenti à un feu en étant derrière elle, le plancher de la voiture dans laquelle j'étais (une Safrane) vibrait sous les borborygmes du V8... Miam !
[i] Having standards leaves you with only one choice... the best. [/i]
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F355challenge
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ca m'est arrivé aussi et j'ai eu exatement la meme experience, sauf que moi elle etait derriere.Polon a écrit :J'ai le souvenir d'une 355 rouge que je suivais en ville de Lausanne, et au ralenti à un feu en étant derrière elle, le plancher de la voiture dans laquelle j'étais (une Safrane) vibrait sous les borborygmes du V8... Miam !
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