Discussion
They say that disposable income is more important than the salary you earn, if for instance you were to outright buy a F430 or Gallardo(70-80k)then what kind of figure are we looking at needing? will £10k a year cover it? say for instance 6k miles a year?
I dont believe in the "if you have to ask then you cant afford it" as im pretty sure there is plenty of people on here running these cars that are far from millionaires. Without being rude my new salary having left the armed forces will be above 50k but below 100k. Am i living in a dream world?
I dont believe in the "if you have to ask then you cant afford it" as im pretty sure there is plenty of people on here running these cars that are far from millionaires. Without being rude my new salary having left the armed forces will be above 50k but below 100k. Am i living in a dream world?
Assu,ing you buy the car outright and are only talking about running costs, I would assume you should be alright with 3k to 5k a year on that mileage. Although you might be unlucky and receive a big bill, which could be closer to 10k for a year if a lot of things need doing. But especially the newer cars seem to be holding up quite well and i have not read any horor stories as far as i can remember. One important thing is to have a good independent nearby so you do not need to pay for ferrari main dealer prices.
I am sure somebody will be along shortly who can give you a detailed overview on costs incurred.
I am sure somebody will be along shortly who can give you a detailed overview on costs incurred.
£10k per year is enough, without any big stuff happening (big stuff on a Ferrari is things like transmission selector failure leading to new transmission; an easy five figure bill - but happens very rarely).
You should average around £5-7k per year even using franchised dealers. People often say they can get away with much less and perhaps some are lucky, but there are definitely some who store up problems for future owners to sort out so buyer beware.
These cars are something very special to own though. If you love the brand then you accept the cost as part of it - after all, beautiful, temperamental and exciting things always cost more to maintain...(original joke there..)
You should average around £5-7k per year even using franchised dealers. People often say they can get away with much less and perhaps some are lucky, but there are definitely some who store up problems for future owners to sort out so buyer beware.
These cars are something very special to own though. If you love the brand then you accept the cost as part of it - after all, beautiful, temperamental and exciting things always cost more to maintain...(original joke there..)
Not as new as a 430 or Gallardo, but here are my detailed 355 running costs: http://www.pistonheads.com/members/showcar.asp?car...
You can knock 30% off those as well since that proportion of costs was for upgrades i.e. car was fine without, just me doing a bit of tailoring to what I like.
And yep, is totally about disposable income not how much you earn. If you've got a deposit for a car, can cover any finance payments, can put aside £2k for servicing/maintenance/consumables per year plus be able to take the hit of an added £5k on top if you were unlucky and something went properly awry, you're set for Fcar ownership
You can knock 30% off those as well since that proportion of costs was for upgrades i.e. car was fine without, just me doing a bit of tailoring to what I like.
And yep, is totally about disposable income not how much you earn. If you've got a deposit for a car, can cover any finance payments, can put aside £2k for servicing/maintenance/consumables per year plus be able to take the hit of an added £5k on top if you were unlucky and something went properly awry, you're set for Fcar ownership
SonnyM said:
jackal said:
5k a year surely already includes 'something big', given that some yearly services will only cost around £800 ?
A new bumper for my Boxster cost £2k painted and that was something 'small'...I can understand buying an F430 and somwhere in the mix budgeting for a front PU resrpay after a good number of years and miles, but not a rear bumper.
Was your Boxster PU an insurance claim presumably ?
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