'Typical' costs of running a Ferrari 360?
Discussion
Now I know this is very broad, but please bear with me...
I'm wondering what the typical costs of running a 360 would be. Owners' experiences would be great, but some general service/tyres/other costs that are worth noting would be really great.
I'm not considering one just yet, but it may be one for the future!
I'm wondering what the typical costs of running a 360 would be. Owners' experiences would be great, but some general service/tyres/other costs that are worth noting would be really great.
I'm not considering one just yet, but it may be one for the future!
don't want to be rude but I think this Q has been asked billion times here & on clubscuderia 
use search
mine 360 wasn't that expensive to be honest
buy on condition, make sure you have no gaps in SH (must be serviced annually despite mileage) & you should be OK with circa £2.5k per annum in average towards service & bits + belts once per 3 years (another £1k or so)
depends on mileage obviously
clutch depends on driving
use search
mine 360 wasn't that expensive to be honest
buy on condition, make sure you have no gaps in SH (must be serviced annually despite mileage) & you should be OK with circa £2.5k per annum in average towards service & bits + belts once per 3 years (another £1k or so)
depends on mileage obviously
clutch depends on driving
4leks said:
don't want to be rude but I think this Q has been asked billion times here & on clubscuderia
use search
mine 360 wasn't that expensive to be honest
buy on condition, make sure you have no gaps in SH (must be serviced annually despite mileage) & you should be OK with circa £2.5k per annum in average towards service & bits + belts once per 3 years (another £1k or so)
depends on mileage obviously
clutch depends on driving
That's not as bad as I was expecting. I suppose the only other cost is if/when it breaks!use search
mine 360 wasn't that expensive to be honest
buy on condition, make sure you have no gaps in SH (must be serviced annually despite mileage) & you should be OK with circa £2.5k per annum in average towards service & bits + belts once per 3 years (another £1k or so)
depends on mileage obviously
clutch depends on driving
I know it's probably been asked a few times, but the search function on PH is piss poor, so I have to be honest, I didn't even bother. In the past, it has been next to useless.
Is it possible to get warranties for the 360, even with it being so old? If so, any ideas what I'd be looking at roughly?
SpeedYellow said:
Yup, try the search feature, been done to death.... and not being rude (well too rude), if you're not considering one, why do you care??
I'm always going to care. Even if I had millions in the bank, I would still plan my finances. I understand where you're coming from, but I'm never going to be rich, but I'd still like to own one.Pulse said:
Is it possible to get warranties for the 360, even with it being so old? If so, any ideas what I'd be looking at roughly?
Yes you can get a warranty, but it's not really worth it to be honest. A lot of these companies make a huge fuss when they are asked to pay out. You would probably be better putting the money it costs for the warranty aside each year in case something goes wrong. If you really want a warranty you could always buy one from a Ferrari main dealer, like this one:http://pistonheads.com/sales/1601094.htm
then that way you will get a 2 year Ferrari warranty with it.
Pulse said:
4leks said:
don't want to be rude but I think this Q has been asked billion times here & on clubscuderia
use search
mine 360 wasn't that expensive to be honest
buy on condition, make sure you have no gaps in SH (must be serviced annually despite mileage) & you should be OK with circa £2.5k per annum in average towards service & bits + belts once per 3 years (another £1k or so)
depends on mileage obviously
clutch depends on driving
That's not as bad as I was expecting. I suppose the only other cost is if/when it breaks!use search
mine 360 wasn't that expensive to be honest
buy on condition, make sure you have no gaps in SH (must be serviced annually despite mileage) & you should be OK with circa £2.5k per annum in average towards service & bits + belts once per 3 years (another £1k or so)
depends on mileage obviously
clutch depends on driving
Just make sure you get one with full SH (doesn't matter indi or main) & buy on condition
Last year when I was looking for mine I found out that many cars advertised as FSH had gaps in annual service by some reason. Maybe they became too cheap & affordable at some point & people tried to save money on service (stupid idea) I don't know. I think they are great cars if looked after properly so just make sure you are not getting one with dodgy history & fingers crossed you should be fine
Edited by 4leks on Monday 29th March 21:33
It has been done to death, but in the spirit of being helpful:
1. Check out the servicing prices on verdi's website. That'll give you a guide, excluding wear and tear items.
2. Parts prices can be expensive, but that said, not really any more than a current 5-series Beemer for the most part. Labour costs are fairly pricey as well.
3. You can do work on them yourself, despite what people think. As can any competent mechanic for that matter. Any cretin with a spanner can do most things on them, honestly, and they become far more economical if you take that into consideration.
This is a matter of opinion, but I wouldn't be too focussed on stamps in the book either. They don't tell you a thing about the condition of the car as it stands, nor do they have advisories in them. An oil service 2 years in a row doesn't tell you if the suspension bushes are shot. If you purchase (I guarantee you'll love it) then buy a car based on its current condition and its most recent stack of bills.
Lastly, don't buy a garage queen. Go for something with some usage/mileage on it, as they benefit from being used regularly. Cars that sit still for long periods tend to have more problems as things harden / perish from lack of use. My friend Brian (Bebs on here) used to use his daily and has about 90,000 on the clock and he says its been bomb proof apart from regualr servicing and maintenance.
Lastly, on the 360, I think the main issues are the variators (variable valve timing gear) which had a tendency to break, but chances are if its not happened by now then you'll be fine. Suspension bushes (esp the font) tend to wear very quickly so may need doing and shoudl probably be regarded as an every 3-5 year item. Finally, cambelts are cheaper than other models, clutches are more. As I said, check out the Verdi site for a steer on costs.
Now, ignore all that and go buy the one you fall in love with at first sight. the rest will sort itself out.
1. Check out the servicing prices on verdi's website. That'll give you a guide, excluding wear and tear items.
2. Parts prices can be expensive, but that said, not really any more than a current 5-series Beemer for the most part. Labour costs are fairly pricey as well.
3. You can do work on them yourself, despite what people think. As can any competent mechanic for that matter. Any cretin with a spanner can do most things on them, honestly, and they become far more economical if you take that into consideration.
This is a matter of opinion, but I wouldn't be too focussed on stamps in the book either. They don't tell you a thing about the condition of the car as it stands, nor do they have advisories in them. An oil service 2 years in a row doesn't tell you if the suspension bushes are shot. If you purchase (I guarantee you'll love it) then buy a car based on its current condition and its most recent stack of bills.
Lastly, don't buy a garage queen. Go for something with some usage/mileage on it, as they benefit from being used regularly. Cars that sit still for long periods tend to have more problems as things harden / perish from lack of use. My friend Brian (Bebs on here) used to use his daily and has about 90,000 on the clock and he says its been bomb proof apart from regualr servicing and maintenance.
Lastly, on the 360, I think the main issues are the variators (variable valve timing gear) which had a tendency to break, but chances are if its not happened by now then you'll be fine. Suspension bushes (esp the font) tend to wear very quickly so may need doing and shoudl probably be regarded as an every 3-5 year item. Finally, cambelts are cheaper than other models, clutches are more. As I said, check out the Verdi site for a steer on costs.
Now, ignore all that and go buy the one you fall in love with at first sight. the rest will sort itself out.
Pulse said:
That's not as bad as I was expecting. I suppose the only other cost is if/when it breaks!
I don't know of any 360 that has 'broken' i.e. engine failure or major issue.There is an awful lot of BS around about Ferraris being fragile little things made of chipboard. The majority of this come from people that have never owned one needless to say.
Its a car and they are fairly well made. You won't get any more trouble than any other other prestige manufacturer.
Its not really the cost 'when it breaks' that you need to worry about. Its the wear and tear than you need to be able to afford and these items do need replacing like any other car. Discs, pads, suspension bushes, clutch (£2000), tyres and so on. Bear in mind this was a £100,000 car new so parts are priced accordingly.
Mileage per year is a factor of course. I've used mine a lot (86,000 miles) and annual costs average between £3000-5000 plus insurance.
For what its worth, the 360 is the most reliable car I have ever had
Pulse said:
Thank you for the comprehensive reply. If I bought one, I'd be doing 9k a year in it, so it'll be well used!
Most of the responses have been really helpful, so thanks! Servicing is more reasonable than I thought, leaving more in the pot for it breaking!
If you get one you Will be taking me for a spin... just so you know Most of the responses have been really helpful, so thanks! Servicing is more reasonable than I thought, leaving more in the pot for it breaking!
Cactussed said:
....Lastly, don't buy a garage queen.....
Normally only mentioned by the higher mileage owners trying to protect their investment. I have owned quite a few cars where I haven't been able to use them as much as I would've liked to, sometimes only averaging 1000 miles per year. I've never had any issues whatsoever, no breakages, no seizures, no dry joints etc.
Its all about persepctive. A Ferrari like this isn't an investment, except perhaps in your happiness. I just speak from the perspective of owning and running one for a few years. And that includes maintaining it.
They're old cars now with known issues which will surface if driven, which he apparently intends to do, so best to purchase one which has been used andmaintained properly. In addition, if the OP intends to drive 9k miles a year, there's no point in paying over the odds for something with low mileage, is there?
If polishing it and driving on the odd weekend are your thing, by all means...
They're old cars now with known issues which will surface if driven, which he apparently intends to do, so best to purchase one which has been used andmaintained properly. In addition, if the OP intends to drive 9k miles a year, there's no point in paying over the odds for something with low mileage, is there?
If polishing it and driving on the odd weekend are your thing, by all means...
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