RE: Ferrari 599 GTB: PH Fleet

[BlimeyCharlie]

I make it £1000.00 a month that it cost, unless I've missed something.
Much cheaper than hiring a car anywhere near like this.

You can easily spend (or it actually cost you) £1000.00 a month on the most boring car and still be driving a boring car, like the VW R6 thingy featured the other day on here. People don't factor in depreciation or running costs hardly ever, including branded polo shirts etc etc.

For example, how much is a typical 'sensible economical' people carrier actually costing in depreciation each month? And bills because it is built to a rubbish standard?

Well done for being different.

[Tomatogti]

Doshy said:

Motorrad said:

Am I reading this correctly? 10 grand to own a 599 for 10 months?

That's only a grand a month- you could pay 600 a month to lease a 6 series.

Doesn't sound expensive at all (in terms of VFM)

What he said.

+1

I was expecting at least double that from the headline.

[BoostMonkey]

Aston DBS

[Hungry Pigeon]

What next? That's easy. Why not buy yourself a nice personal plate that you can impress the neighbours with.

[V8 FOU]

Well done, Chris. As others have stated, pretty good value for such a car. My Esprit cost me about £5K in parts over the 18 months I had it - but I still sold it at a small profit.
Such experiences can't be examined too closely for cost. The money spent is what I call buying memories. You can't really put a price on the experience of owning a super car. Next? Dunno. MP 12C?

[Bear Phils]

, ouch, sort of expected but ouch

[LeftmostAardvark]

How do you top something as iconic as a Ferrari? If I was in that wonderful position I'd have to go in a completely different direction - otherwise, every time I slipped behind the wheel I'd be thinking 'It's not a Ferrari'.

I'd probably go with one of these, depending on finances:

Classic Mini Cooper S
Land Rover Series 1
Classic Range Rover
Jensen Interceptor
Austin Healey 3000
Early Porsche 911
AC Ace / Cobra
1960s Corvette
Pinzgauer / Alvis Stalwart

Edit: Ferrari 246 Dino / Lamborghini Miura

[stephen300o]

The numbers seem less than expected, just. Me? I'm no Mr Money bags, the V12s are notoriously expensive to run. I guess he must be new.

[NigelCayless]

These sums don't seem to include 3000 miles worth of petrol at single figure MPG. That must push up the cost of ownership a fair bit. Still, its all relative if you can afford it why not.

[Armen]

One of the last Aston Martin Vanquish S ever built, in 2007.
With manual factory conversion, would be nice.

[bagseye]

Stokemon said:

GT-R.

+1

[MadMark981]

I think Chris would enjoy a new 991 GT3 - which is bound to have decent residuals for the first year at least ..... and be quite an impressive drive - but the new Aston Martin V12 Vantage S sounds quite a weapon with the newly enhanced 565bhp engine .....

However, at around this price point, an earlier (2011 or 2012) and heavily optioned, McLaren MP4-12C (with all of the 2013 updates applied) looks like great value for money. New these would have been £200K (or more) with the "right" extras - but they're now £140K or below ....

[MrOrange]

That seems entirely reasonable and the depreciation almost glacial compared to most £90k cars. I thought most prestige dealers wanted £6k profit off a sale anyway, so to lose 7% in nearly a year feels like astute buying and selling. Mere mortals would have lost a lot more than £10k, IMHO.

[PhilJames]

If it was a £100k car bought from a dealer and sold back to a dealer; you did well at 10% financial loss and 100% gain in enjoyment.

Money well spent!

[Limpet]

£6,000 depreciation in 10 months is a lot of money to lose, but it's not exactly other-worldy compared to more humble metal bought new. I seriously doubt you'd do much better on a new Ford Mondeo / Vauxhall Insignia / insert other mass produced repmobile here bought box fresh and then punted on at 10 months old. A contrived scenario maybe, but people haemorrhage similar amounts of cash all the time on cars that can't hope to deliver the same pleasure in return.

It's very easy to make light of these things when it's other people's money I know, but in terms of offsetting the pain against the ability to scratch a long-standing itch, I don't think you did too badly.

[AyBee]

£10k doesn't sound all that surprising to be honest. I imagine the majority of the £6k depreciation is dealer margin.

Chris: Have they got it up for sale/sold it yet? If so, how much is it up for/did they sell it for?

[Froomee]

Im sure i read in the previous artical that a hefty deposit was placed down in which case there would also be an opportunity cost.

All things said and done though it really doesn't seem too bad. If it costs 2/3x what a M3 costs, etc then its easy to see why these are relatively affordable for a lot of people. £1k a month all in once your mortgage is paid/if you earn £50k-£60k+ a year or both isn't really that bad.

[0llie]

Mercedes E60 AMG (W124). It's a serious amount of money (still £35k cheaper than another that's for sale), but it is about as cool as they get

http://www.pistonheads.com/classifieds/used-cars/m...

[toppstuff]

bagseye said:

+1

GTR. Ooh, thats a nice idea.

You can get a nice 09/10 GTR model with less than 10k mileage for around £40k.

A trip to Litchfield and another £20k later you have a 750Bhp monster with sorted suspension, a warranty, even a service plan.

And given that the new new GTR is'nt due until 2018, it won't date either.

Residuals on GTR's is pretty good as well.

David Yu at EVO went this route and he is clearly loving it. Even my man Maths makes some sense of this.

And once you have a GTR, it does tend to reduce the notion that you would be tempted by something else. It's not hard to make it Veyron quick if you want to.

And with the money saved, you get a new Caterham.

I still prefer classics on balance but if I wanted a modern car, i think this is the most compelling option.

[Deadlysub]

I don't think £10,000 is bad at all, you owned a V12 Ferrari for 10 months ( most of us on here can only dream about that)

You are living the dream.