Ferrari 456 GT

Author
Discussion

Higgins23

Original Poster:

84 posts

239 months

Friday 16th July 2004
quotequote all
I will be purchasing a 456 GT shortly and would appreciate both buying and general ownership advice. The car I will likely purchase has already had both the windows done and the rear shocks replaced. Thanks.

rob.e

2,861 posts

279 months

Friday 16th July 2004
quotequote all
So, you decided against the chimaera and the lotus then..?

elms

1,926 posts

253 months

Friday 16th July 2004
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Watch for rust on the rear window surrounds and check the condition of the radiators

shnozz

27,503 posts

272 months

Friday 16th July 2004
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rob.e said:
So, you decided against the chimaera and the lotus then..?


appears so. Bit of a switch from an early 90's esprit or mid 90's chimaera costing about £13k to a car that costs £67k for a new engine!

Higgins23

Original Poster:

84 posts

239 months

Friday 16th July 2004
quotequote all
Actually not, the 456 GT is for longer trips on the continent for which I need 2 small backseats, the Chimeara or Lotus is a personal indulgence for regular local and weekend use. I am still looking/considering the later 2 options but leaning more towards the TVR.

slinky

15,704 posts

250 months

Friday 16th July 2004
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So let me get this right, your about to buy a 456GT and a TVR/Lotus..

:looksincarpark@fiat:

Nice..

Higgins23

Original Poster:

84 posts

239 months

Friday 16th July 2004
quotequote all
Yes, that is correct.

shnozz

27,503 posts

272 months

Friday 16th July 2004
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fair play. If money is no object why are you looking at an older TVR/Lotus though?

Hughesie2

12,573 posts

283 months

Friday 16th July 2004
quotequote all
shnozz said:
fair play. If money is no object why are you looking at an older TVR/Lotus though?


I feel some Troll baiting coming along any second now...

Higgins23

Original Poster:

84 posts

239 months

Friday 16th July 2004
quotequote all
Fair question, my experience with super/very high performance cars has been that they all have a lot of issues, and in the first 5-8 years, huge depreciation. Better to find one that has been well taken care of with all the core issues sorted (example Ferrari 456 windows) and at the bottom of the price curve. If you buy new, you get the huge devale on the car, plus all the headaches of sorting it out. Higgins42

Higgins23

Original Poster:

84 posts

239 months

Friday 16th July 2004
quotequote all
Hope not.

shnozz

27,503 posts

272 months

Friday 16th July 2004
quotequote all
Higgins23 said:
Fair question, my experience with super/very high performance cars has been that they all have a lot of issues, and in the first 5-8 years, huge depreciation. Better to find one that has been well taken care of with all the core issues sorted (example Ferrari 456 windows) and at the bottom of the price curve. If you buy new, you get the huge devale on the car, plus all the headaches of sorting it out. Higgins42


fair enough, although its pretty extreme to go for a 10 year old car in that respect. The same goes with any car that evolution of the cars production life generally leads to imporvements and therefore buy the latest car you can afford. However, allowing for the steep initial depreciation curve and the sorting of various reliability issues I still think a 1998 - 2000 car would be your best bet with either the lotus or the chimaera

toppstuff

13,698 posts

248 months

Friday 16th July 2004
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One of the things that sticks in my mind about the 456 is the front bonnet and wings assembly. I think it is carbon, and costs something like £12,000 to replace.

So make sure that yours is nice and undamaged...

Prancing

174 posts

263 months

Monday 19th July 2004
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Who cares what body parts cost. If you smash it the insurance will pay, and Ferrari say they have only had one V12 engine completely destroy itself, most can be repaired, so complete replacement would be very rare. Mechanical/electrical parts can be expensive but proper servicing can prevent costly ownership of a 456. It's only a car.. man put it together so some things can be fixed by yourself or a reputable specialist. You do have to pay for any Ferrari ownership especially one of the best GT's created.

G.

>> Edited by Prancing on Monday 19th July 07:53

bennno

11,661 posts

270 months

Monday 19th July 2004
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I had a 456 so would offer the following bits of advice.

i) It is nigh on impossible to get an unlimited warranty or one that will cover an 18k (+Fitting, +VAT) rear differential let alone an engine which is £68k.

ii) The windows are not fixable permanently, rather they can be modified. But the problem will reoccur with limited use and worst case scenario wear can be caused to the alluminum doors which then turns the ongoing repairs in to a 8k job.

iii) Mine had only done 14k miles in 6 years but despite this the water pump packed up and it did 2 camshaft oil seals at different times over a 6 month period. Each of these 3 incidents would have cost £1800+VAT simply to remove the cambelts to get at the repair had I not bought from a main dealer.

iv) The Ferrari dealer I brought mine from sold it on behalf of their client that was buying an Enzo. They copied me in on the preparation bill which included a service, cambelts, single window modification and a years ferrari warranty - this little lot cost £8500.

Mine was an absolute minter, a one owner car and a full FMDSH, I doubt there is any better but the above is a sobering thought.

I would have a newer Maserati 3/4200GT, a 911 or a M3 unless you have sufficient reserves to run what is essentially a £170k motor car.

Bennno

Higgins23

Original Poster:

84 posts

239 months

Tuesday 27th July 2004
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Thanks for the advice. I did go through the deatiled history of the car I am purchasing before hand so I have a good idea of the costs related to "the pleasure of ownership". Not for the faint of heart or wallet.

330Clubsport

35,829 posts

272 months

Friday 6th August 2004
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May the lord have mercy on your soul.


Best of luck!