Why are Ferrari 456s so cheap?

[Ali2202]

98elise said:

chuno said:

I must be the only Ferrari nut who doesn't actually like the 456...
The proposrtions look all wrong to me.

I don't really like them either.

I'll get my coat.

Sorry....I don't like them either. They're all 'lardy-waistline/bum'

[VeeDub Geezer]

chuno said:

I must be the only Ferrari nut who doesn't actually like the 456...
The proposrtions look all wrong to me.

It's funny you say that as I'm the opposite.

Never been a Ferrari fan at all. Can't stand them. Yet, the 456 looks fantastic to my eye. One of very few Ferraris I'd love to own.

[StottyZr]

If a bonnet is 12k and an backbox 4k, whats stopping me buying one then breaking it and selling parts as spares at 30% the cost of new parts?

[CampDavid]

StottyZr said:

If a bonnet is 12k and an backbox 4k, whats stopping me buying one then breaking it and selling parts as spares at 30% the cost of new parts?

People do. There was an auto car article about a specialist breakers about 4 years ago. A ropey 456 is breakable

[Chrisw666]

StottyZr said:

If a bonnet is 12k and an backbox 4k, whats stopping me buying one then breaking it and selling parts as spares at 30% the cost of new parts?

In principle nothing but I'd guess you need some pretty good tech knowledge and contacts to do it.

I'd also guess that the kind of person who want to buy used parts isn't the kind of person who buys a V12 Ferrari.

[Rawwr]

CampDavid said:

Whichever way you cut it, it's not a cheap car to run. That's one of the reasons it's cheap to buy. Depreciation won't be much of an issue at £30k compared to the cost of running it (though historically that's no doubt been the biggest cost)

It's obviously not going to be a cheap car to run but I believe he was talking about the cost relative to cars of a similar nature.

[r129sl]

CampDavid said:

456mgt said:

Good to see all the usual rubbish about these cars being recycled! Very eco.

Which bits aren't true? On yours, maintenance was, what, £3500 every year? That's quite a lot whichever way you cut it. How many miles did you manage for your £40k in bills, 50k? How close to a quid a mile are we in just maintenance alone?

Whichever way you cut it, it's not a cheap car to run. That's one of the reasons it's cheap to buy. Depreciation won't be much of an issue at £30k compared to the cost of running it (though historically that's no doubt been the biggest cost)

CampDavid, are you seriously suggesting that annual maintenance of £3,500 is expensive where the vehicle in question is a Ferrari 456 GT? The figure sounds remarkably cheap to me. I know my Mercedes SL has cost at least as much for each of the ten years I have had it.

[threesixty]

CampDavid said:

Which bits aren't true? On yours, maintenance was, what, £3500 every year? That's quite a lot whichever way you cut it. How many miles did you manage for your £40k in bills, 50k? How close to a quid a mile are we in just maintenance alone?

Whichever way you cut it, it's not a cheap car to run. That's one of the reasons it's cheap to buy. Depreciation won't be much of an issue at £30k compared to the cost of running it (though historically that's no doubt been the biggest cost)

17,300 apparently. £2.42 a mile, ouch!

[456mgt]

nickythesaint said:

Like this you mean?

http://www.youtube.com/watch?v=4NLqUTwD8uA

Excellent! I had a funny feeling it would be that one That was a coolant hose blowing off.

CampDavid said:

Which bits aren't true? On yours, maintenance was, what, £3500 every year? That's quite a lot whichever way you cut it. How many miles did you manage for your £40k in bills, 50k? How close to a quid a mile are we in just maintenance alone?

Whichever way you cut it, it's not a cheap car to run. That's one of the reasons it's cheap to buy. Depreciation won't be much of an issue at £30k compared to the cost of running it (though historically that's no doubt been the biggest cost)

Compared with other, relatively modern, Ferrari. I agree, compared to a Ford Focus, they're bloody ridiculous!

threesixty said:

17,300 apparently. £2.42 a mile, ouch!

And every single one life-enhancing

[dictys]

If you look at the 456 competiors at the time

Aston Martin Vantage
Bentley Continental
BMW 850 CSI
Porsche 928 GTS
Mercedes 600 CL

Only the Aston Martin Vantage as kept its value, all the rest have suffered massive depreciation but still have the same running costs of their original price range. All will break your pocket on servicing / running costs, but hey you only live once. My present 928 is the biggest money pit I have ever owned, but the fun I have driving and tinkering with it far outweighs the £1,000's spent on it (at the moment it makes the 456 cheap to run).

[nickythesaint]

dictys said:

If you look at the 456 competiors at the time

Aston Martin Vantage
Bentley Continental
BMW 850 CSI
Porsche 928 GTS
Mercedes 600 CL

Only the Aston Martin Vantage as kept its value, all the rest have suffered massive depreciation but still have the same running costs of their original price range. All will break your pocket on servicing / running costs, but hey you only live once. My present 928 is the biggest money pit I have ever owned, but the fun I have driving and tinkering with it far outweighs the £1,000's spent on it (at the moment it makes the 456 cheap to run).

I thought 928's were very solid. They seem to be able to do epic mileage on those v8's?

[MrOrange]

nickythesaint said:

I thought 928's were very solid.

No. That's why a good nick one costs less than a 4 cyl 968.

Edited by MrOrange on Thursday 28th July 22:11

[MrMoonyMan]

I was a 12 yr old lad when these came out.

They did not excite me at a time anything with wheels did.

This, is why they're so cheap.

[AUDIHenry]

All Ferraris are expensive to run. The 456, as I recall, had one major flaw (the valve seats, if I'm not mistaken) and can be done for "reasonable" cost on rebuild. However, it just was never desired as much as the other Ferraris.

[Ali2202]

This is why.....



Heavily slab-sided, under-wheeled and insipid lines. It almost had a cut-n-shut look to it.

That a Peugoet of the same era (by the same designer) was so similar in looks doesn't exactly add kudos to the 456's legacy.

Now the 550?......that was lithe and distinctive and had/has real road presence.

[hairykrishna]

nickythesaint said:

I thought 928's were very solid. They seem to be able to do epic mileage on those v8's?

My experience with mine suggested that they're solid but when they do go wrong they're an absolute bugger to fix, with associated cost if you're paying a man to do it.

[slipstream 1985]

Ali2202 said:

This is why.....



Heavily slab-sided, under-wheeled and insipid lines. It almost had a cut-n-shut look to it.

That a Peugoet of the same era (by the same designer) was so similar in looks doesn't exactly add kudos to the 456's legacy.

Now the 550?......that was lithe and distinctive and had/has real road presence.

before i read your comments i thought that was a 406 coupe kitted car

[lyonspride]

It's simple really.... The sort of people who can afford to run them, they wouldn't be seen dead buying one second hand

[Gad-Westy]

threesixty said:

17,300 apparently. £2.42 a mile, ouch!

If somebody asked me right now if I'd like to drive 10 miles in a Ferrari 456 for £24.20, I'd rip their arm off!

Edited by Gad-Westy on Friday 29th July 11:00

[theironduke]

MrOrange said:

nickythesaint said:

I thought 928's were very solid.

No. That's why a good nick one costs less than a 4 cyl 968.

Edited by MrOrange on Thursday 28th July 22:11

From my experience they are mechanically excellent, bombproof engines (as long as the torque tube is inspected when it should be...) and running gear but the built quality isn't what you'd expect of Porsche. My car was an 85 S and the interior quality was akin to something knocked out by BL in the 70's, just rubbish.