Why Are Ferrari Owners Afraid To Drive Their Cars? Let's Talk About Mileage...
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- Опубликовано: 29 окт 2021
- In today's video I am behind the wheel of my Ferrari 430 Scuderia, a car I've now owned for four months and have done a considerable amount of miles in. I've done over 4000, which in many cars might be considered average. As Ferraris go, this is virtually a taxi - so why don't Ferrari owners drive their cars, are they right not to, and how do I justify using mine?
#Ferrari #430 #Scuderia
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Not driving your sports car because of resale value is like having a really hot girlfriend but saving her for the next guy.
Brilliant 🤣
I wanna laugh but this comparison makes 0 sense
Well said!!😅😅😅😅😅.
As the next guy, I say thank you.
I will say thanks as the next guy for not giving me a high miler! 😅
Adding some mileage is not a problem. I put 26,000 miles on my 360 Stradale over 7 years and the car was in immaculate condition and it didn’t really affect the value that much. More problems arise when they are not used, sat or not driven. I know of someone who put 50,000 miles on his F40 over a few years and another 360 with 180,000 miles without affecting the value too much. You are dead a long time so get out and enjoy it and use it!
Thats because of the general appreciation of those cars. Since 2010 sporty cars had a hefty grow in prices. Low interests and economic boom are the reasons. If you wouldnt have used your car it would be worth even more. Thats the point of the video. But I agree, if you have a sports car, just use and enjoy it. I dont care for money loss if I drive a Ferrari.
You are comparing a rare F40 to a common 360. Even if you driven the F40 a million miles, it would not depreciate any lower than any low mileage ones. If you drove a 360 a million miles, no one would want it.
@@netmatrix75 Yeah, cars like Jay’s will always be worth something because they are rare and desirable. Scud’s in particular have gained a lot of interest in the last couple years.
@@netmatrix75 I am just saying get out there and use it basically regardless of car, make and model. The 360 Challenge Stradale is not just a 360 though especially as there are less of those than f40’s!
26,000 in 7 years? OMG I do 36,000 a year. You are a part time driver. It equates to TEN miles a day. People CYCLE more than that.
Another reason to drive unique cars is the amount of happiness you can give to OTHER people.
I picked up my Viper the other day and in about 20 miles of driving I saw so many people smiling at it, a painter raced down off his trestle while I was sitting at a set of lights and ran over just to tell me he loved the car, had a bunch of school kids wave, it was awesome!
It always brightens my day when I see something really cool drive past and it's pretty great to be able to have that effect on other people.
Gotta agree with that, I drive a "53 Morgan +4, you get a lot of thumbs in a car like that.
It's surprising how much joy driving a special car brings to OTHER people! Well done. :)
I have a Rover P5B. But I don’t get that much attention lol
Agree, that's why I own a Dacia Sandero.
@@achilleconte4385 you're practically famous! ❤️
Deathbed quote "I wish I hadn't driven my Ferrari that much!" 😂🤣😃 Priceless, James. Thank you 👍
Let’s watch this before James realizes he accidentally uploaded two videos.
Miles don't really matter, the condition and how well it's been maintained are far more important. People say the same about Jaguars, they get turned off when you have a high miliage Jaguar but that isn't the problem. Lack of maintenance is the problem.
Sadly, miles does matter in Ferrari land. More than with any other car marque.
If were talking about value, mileage is the biggest factor
A 458 5k vs 40k mileage is a big difference
Don’t compare a shit over priced Ford to a Ferrari. Jaguars are rubbish to drive.
@@Quattro_Joe ftype svr's are a thing. Difference is you drive that off the lot, you can take 50% off of the release straight away lol
@@Hhh-j8o ok I’ll agree with you on those 2 they’re pretty good. The SVR is only worth about a tenner after you’ve bought it 50% is optimistic 🤣🤣
You're on to something here and I have the same line of thinking. I bought a 44K mile 997.1 Carrera S in 2015. It wasn't particularly special and I felt comfortable putting miles on it, accepting whatever depreciation came. That point was driven home further when my IMS bearing failed, requiring the engine to be replaced within 20k miles of me purchasing the car. When I finally sold that car, it showed 124k on the odometer. In my 3.5 years on ownership, I put over 80k miles on that car. Everything from long, multi-state road trips throughout the US, backroad driving, and scenic routes through state parks made that one of the greatest driving experiences of my life and I would not have had them if I kept the car under it's cover and parked instead of burning up the tarmac.
Ouch. Bad luck with that IMS bearing, but glad to see that you got a lot of miles and a lot of enjoyment out of that car.
@@terryloh8583 Yeah man, it sucked... but I had a 3rd party warranty which covered the replacement. Total tally was 21k, but I was only out my 1k deductible. I was able to put a little over 60k on that motor before I traded the car. Unfortunately, that happened in early 2019 before the prices shot up, lol.
Congrats bro! You are living the dream just by owning a 911. Most people I know only wish they had one. Enjoy it since they are designed to be driven
I bought my GT500 from a guy who had only driven her a whopping 6200 miles in 6 years.
7yrs later with me and her odometer is at 37K. AND her current valuation is quite a bit above what I paid.
Thank you guy for breaking her in for me to enjoy!
Excellent video. You’re probably one of the straightest talking, most honest RUclipsrs out there. Quality stuff.
Most Ferrari owners care more about their car appreciating in value and catching dust in a garage than actually driving them, which is a shame if you ask me. I mean, what is the point in buying an expensive car if you don't get it outside for once in a while?
I think you answered your own question
@@Cornwall1888 It is an unfortunate answer, cause the average Joe will never get to experience it that way unless you get lucky and have a chance of test driving it. Half of these cars will either end up in a museum or a garage, or end up being destroyed by natural disasters or fire.
Actually one of the reasons I'd get a Corvette over any supercar because they're so available.
You forgott how repairs/service can be expensive...yeah 20K to buy carbonceramic brakes?Why not..
Its not that easy as you can thing only driving...
@@YTdelsCmts4NoRsn These cars aren't for the average Joes
As so long as you enjoy your ownership in your own way it matters not a jot what your neighbour thinks or what they’d do if they had one.
My daily drive is an Audi S4 (B5) Avant with 287k miles currently showing on the odometer. There is a sense of liberation, even a badge of honour, that comes with high mileage.
I agree, for some reason I love seeing the miles rack up on my cars.
How many turbos have you had.? Should be on its 5th set at that mileage
I got a C6 RS6 Avant just ticking over 180 000k's. I'm letting the side down,I better get driving some more.
@@ericpisch2732 Know someone who's had plenty of these Performance B5s over the years, currently got one around 200k, still on it's original turbos and going strong without any major overhauls or anything, just good maintenance. It's a pain in the arse to work on having to take the entire front apart though.
Old Audis. From 90s New ones won't.
You forgot to mention that there are men who buy Supercar just to brag that they have one, but they hardly drive with them so that they do not lose value when they have to exchange it for another supercar to brag about. I have noticed here in Sweden that many do, just to brag.
In my opinion, you buy a supercar to drive, have fun and enjoy driving it and completely shit completely in if it becomes many miles and loses value. For the greatest value is just driving the car, having fun and enjoying driving and you get memories every time you drive and it can never be replaced with money.
Most people buy them to say they have them.
@@Hypersonik Quite right, a miniscule percentage of supercar owners are "car guys", who loves driving. For most, its just a status symbol/accessory, like a LV handbag.
Which supercar do you have?
@@michaeljordan6008 What do you define as a supercar? Personally, I can't afford to run one, so I don't have one. Probably gonna get a McLaren 570S next year if I can gauge the reliability/self servicing options.
It’s as an investment. Yes it’s to brag slightly, but people who are rich enough to buy cars like that aren’t that stupid with their money. Picking the right cars is an easy profit down the road whether you drive it or not, with the benefit over stocks being it’s a pretty nice item to own in the meantime.
Ah Harry would be proud of you James for his route for your a test drive!!! 😁😁😁👍👍👍
All he needs to do now is go to Diddly Squat farm shop and meet JC
Great video James, possibly my favourite. I own a 550 Marenello ( 36k miles) and a 612HGTS (22Kmiles). I agree I'm just too darn bust to drive everyday, but I put a 600 miles on the 550 over a longweekend in Sept. When my 550 was serviced, as it is every year, GreyPaul stated it was the best one they'd seen in 5 years. Due in no small part as its driven, driven on long road trips 3 or 4 times a year. You certainly notice things that need doing, repairing, looking at on on a 300-500mile road trip. Certainly things you might not ever notice on 2 or 3 half an hour drives each year. Great video!
I’m usually rather proud of how high mileage the cars I buy are - give me the cheapest car on the market of the type and spec I want. And if everything still works and it’s reliable, I get a great sense of satisfaction from it. Happy days!
I added a fair few miles to my Scud but it was the potential for big bills that worried me rather than the depreciation.
I purchased my 360 modena 12 years ago it’s a manual car with a great history and a nice spec and I’ve absolutely loved ownership of it just having her in my garage under the cover gives me satisfaction and yes I’ve spent on normal servicing and done certain upgrades due to wear and tear over those years but when I look at expenditure of around 10 grand and what I paid 34and a half grand all those years back it literally owes me nothing because of the enjoyment I’ve had owning it so my advise is don’t be scared buying a second hand Ferrari ! My car has now done 49000 and runs beautifully!
That was hard to read
I applaud you! Live life without fear!
Longest sentence ever.
Shows you don't need school to afford a ferrari, very encouraging
Your joy is that you have enjoyed ownership and certainly will get back far more than you paid for it ....
You are one of the best for honesty on you tube. Say what you think not what people want to hear. Very refreshing. Many other you tubers i don't bother with. They are lent cars and are frightened to offend manufacturers. Well done matey. Keep up good work. !!
Both happy and sad to see you on my local roads! Wish I’d caught you ;) Our F12 is on about 30k Miles, had some paint corrections done under warranty but other than that it’s been a peach. Is used to commute in 😀
i remember some of my old cars back in the day had "been round the clock" happy times. many thanks for the memories yet again. personally i say screw the value, drive the car.
Jay, I know this video is 2 years old. But wow! I am a "New to me" 2000 360 Modena owner. I have learned SO much from watching your videos! This one made me feel so much better about driving my Ferrari. With only 17K ish miles on it when I got it I now have 19989 in only 3 months! Thanks for making these wonderful videos. God BLESS!
I keep expecting to see Harry Metcalfe in full angry-farmer-mode leaning over a gate, waving a pitchfork at James and yelling, "Get orf moi laaaand!" 🚜
I don’t get this lol
They’re both good car reviewers
Harry almost always uses the same route between Burford and Chipping Norton in Oxfordshire, to the point of being boring and it’s a pity JayEmm can’t find his own test route.
I dont know that area particularly well, this road suits my needs - I do have several other test routes
@@marknorton5951 it’s more so a pity you need to be so negative haha
Route seems fine, suites both their review styles I’d say
I love how much you have loved this car James and I love the fact you've made someone else's day by showing it to them. I can't afford a ferrari but I think these videos alongside the ones where you explain the much lower cost than people think about the official ferrari maintenance and warranty packages will make more ordinary people drive them.
One of your best videos for a while! So happy seeing you love a car like this!
Great vid. I live in Germany and it is not uncommon to see sports cars with well over 160,000km. but the TUV, the German version of the MOT is so much more stringent, that cars are just in better condition for longer, ive even seen loads of 996s and 997's with over 200,000kms, a testarossa over 180,000kms and in really good condition. the low mileage obsession really is a UK thing.
USA is also plagued with low mileage thing.
Half a million km is nothing on a well maintained car
@@computerhelpcc yes it is. Especially with British and Italian exotics.
Anything rare and valuable that goes through the global auction system is affected by mileage, why 90% of top end super cars / Hyper cars end up as garage queens. 911s thou are generally driven a lot more
@@mitchbuchannon6637 yeah cause one in a million mass produced cars make it to 500k miles, try that with a hand made engine Ferrari, apex at the ring have had several mclaren engines changed after 40k miles
This sums it up perfectly. I have personally found cars to get more reliable as the miles climb. That's if you properly fix everything along the way.
What I've personally found is that the 100k mile fear has some base to it most of the cars I've had seemed to have most of their issues between 100-120k but past that you have dealt with most of the issues and it seems like they are more reliable again
Good point- I turned my 911 (996) into a daily driver- 60 miles a day, round trip, and I swear it’s running much better than it did when it would sit in the garage and go 2-3 weeks in between the drives.
I did take it to the dealer and had her run through to make sure she was ready!
Great video, I put 90k on my TVR Griffith and my 997.2 has got 105k, I bought the cars to use them, in my experience the more you use them the less trouble you have with them, all imho.
I thought this was a fantastic video. Really well thought out. If you ever decide to sell the car, please let me know. It would fit into my collection as I love the spec and as a Lambo guy, a higher mileage Ferrari doesn’t bother me. I had this car saved on my favourites and then you bought it. A higher mileage car works and runs better than a lower mileage car because all the consumables are changed regularly. Enjoy your beautiful car and thank you for clear, well thought out content that is actually relevant and useful.
When it comes for sale you're welcome to have a go!
The reminded me of a vinwiki story, a guy selling his pristine bmw which was pretty much unused apologied to the buyer because he couldn’t remember if he put the dust caps back on the same wheels as they’d come from the factory.
gaskets all eaten through from disuse
I saw this video of a bunch of collectors sneakers crumbling apart from not being used.
Always an interesting topic James, there doesn’t seem to be much middle ground, you’re either a driver or collector. We have members who are both, and we appreciate both sides. Great video as always. ✌🏼
Great video. Firstly love your car! Secondly I agree. The thing is, I find that the best drive is always the next one. That's why you just gotta use and enjoy them.
I have a 2012 458 coming in a few weeks, served every year. I also plan to service it every year as I expect to put on at least 2-3k miles a year. Can hardly sleep waiting for it. Great video, I like your no nonsense style, I know you have a few knockers but I do enjoy your videos
Thanks J, always enjoy the sight & sounds of this car!
Liked before watching....yet another JayEmm topic I'm immediately interested in.
If one is concerned about mileage one can't really afford the car.
I quizzed the owner of a guardrail sideswiped Ferrari at a track day who simply said, "It's just some paint and panels mate."
Anyone can afford to lease a Ferrari, those that can afford to crash them uninsured can actually afford them.
100% agreed, it's not true luxury if you're constantly worried about parts or dings bankrupting you
Imo, you can't afford a car if it's value exceeds 3% of your total net worth.
@@Hhh-j8o So you should have a net worth of a million of whatever currency you prefer before you are allowed to buy a 30000 midrange car?
OK….
@@Kref3 yeah, basic finance. Generally 5% is accepted. Imo 3%. If you can't buy the car at least 20 times over in cash, you shouldn't be buying it.
The widely accepted net worth rule is not to spend any more than 5-10% of your net worth on a car.
But that's fine, most people just indebt themselves for twice the amount they make p.a. feel free to do that.
@@Hhh-j8o I would never take a loan on a car, which is why I never would buy a new car. I buy a 10 year old comfortable car for 12 - 15.000 EUR out of the money on my bank account and drive it another 10 years.
I bought a BMW 728i E38 it in 2007 for 11.000EUR, sold it in January 2021 for 3000EUR because it really got old and started to require constant maintenance. So I had a depreciation of 8000 EUR over 15 years, that is somewhere around 600EUR per year.
Then I purchased a Mercedes C180T S204 from 2012 for 12.000 and will drive it for the next ten years. I assume that the same will happen again, I will sell it for 2000 or 3000 in 10 or 12 years.
Taken your 3% rule, I need to have a net worth of 400.000EUR before I could purchase a car that would ultimately cost me 600EUR per year in depreciation.
I own my house, I do not rent, so my net worth is a bit above that. But I do still have to pay my loan every month for the house and would not have a cent lessif I rented the house instead of buying it. For that reason basing it on a net worth would not work. I know many people who could have bought their house, increasing their net worth but decided against it and rather spend a bit less money in renting because they will move quite regularly, because they do not want to involve themselves in maintenance or maybe also because they plan to always have a house or flat appropriate to the size of the familiy, starting with single bedroom, going to two or three and then back to one again. These guys will probably never reach a net worth sufficient for a 10000EUR car according to your 3% rule.
So the 3% net worth rule does not work. It must be related to the available free income. and there my rule of thumb goes: If I can safe the money to pay the car out of the pocket within one year, it is ok to buy.
I will get for my current car X EUR when I sell it, I will have to spend Y EUR on the next, and I can safe Z EUR within a year without having to live like a Franciscan monk, so the price of the next car must fulfill the inequation Y < X + Z
Just pop it up on jack stands and put it in reverse. That lad did it when he skipped school. What could go wrong?
😆 Good One
Ferris was a rascal, no doubt.
@@blitzy99 Like the Lawnmower?
Really enjoyed this one! I think the true value in cars is a balance between using it and holding a bit of money also in the car. To just keep a car in storage for so many months/years is not my thing personally.....it is there to be used and enjoyed as a car enthusiast. We are all going electric soon so let's use them! Many congrats btw on your Scuderia along with driving the car.....if you wanted too you could just lock it away for ever but where would be the joy in that?
I was getting gas one day and I noticed an older gentleman filling up a 2020 Miata RF. Since I have a 2019 Miata RF I struck up a conversation with him. He told me that he only takes it out on perfect days so he doesn't put to many miles on it. This was and is incredibly confusing to me since mine is my daily. I love my Miata, it's a wonderful car, but it's no high end sports car and in my opinion getting it as a trophy of sorts is the exact opposite of what these cars are about.
I love your channel Jay and I greatly enjoy your videos and look forward to when a new drops. Thank you for actually driving your cars and enjoying them, that always makes me happy to see. Keep up the good work. 👍
I bought an FF a month ago with 5000 miles on the clock. Already getting close to ticking past 6000
Great Video…. I wish I had time to drive my Ferrari more and I split time between a couple of Porsche’s and an AMG, so mine can go months without being driven. I still will service it annually as I do with my other cars regardless of mileage. I did manage to take it out yesterday morning before a big rainstorm and bad weather all weekend, and saw 2 other Ferraris including a pista with the same idea. Nothing like a Ferrari at redline!!!
This is impressive, how do you find the time to put those kind of miles on your own rides, while you put out so much great content with "other cars"? Well done!
This is not impressive. I drive 36,000 miles a year.
@@BibtheBoulder Wasn't a competition, but I'm guessing that's not in a Ferrari 😂🤣
@@plxton No, a Rolls Royce.
Cool story, Bib.
I enjoy your videos but the sound of this car from the outside flyby shots, just sound epic! 👍
After a 360 and F430 I found myself driving with a knot in my stomach. Every bump or dash light or odd noise is liable to cost thousands of dollars. Went through almost 30K in maintenance in 4 yrs on the 360 and a little over 10K on the F430 in two. The only thing I've put in my 911 this last year is gas. The 360 had cost me over 5K at this point.
Having had older Ferrari's and Porsche's over various weekends I would rather have a Porsche any day, although the Ferrari's clackedy clack of the manual box is addictive, but the seats are a bit narrow imo making long stints uncomfortable. The Porsche was one of the best cars I have ever driven, drive and drive just stopping for petrol and a snack.
I have a 997.1 C4S and can relate to what is said here. Obviously not on the same scale. You summed it up perfectly at the end.
Picked up my 8 year old 599GTB at 32,000Km. 1 year later: 52,000km :)
Hi James great vid as usual, was wondering do you live near Harry M? Recognise the roads. Would be good if you could do a colab video with him
You’re right !!!!!! Great to see the big motor out for a run 🙌
As a bloke who's never been interested in sports cars much your rants about these things are very entertaining. Thanks for these shows James.
Out of all reviews this is THE keeper...last of the real Ferraris. With help from Schumi.One day I will have one.
How amusing that at about the 5 minute mark you mentioned the Evo magazine while driving through some corners that Harry Metcalfe features. He is not afraid to put the mileage on his collection. Jay, I love the drive by shots. We get to hear what the car sounds like. I call my son and ask him to come and get my cars and drive them up and down particular roads so I can stand by the side of the road and enjoy the sounds they make. It also helps me to analyze the state of the engine. I have gone so far as to let others drive my car at competition events to hear the engine driven at high revs. I agree with the comments Peter Siestrzewitowski's comments.
You gotta drive em..i like my cars with a bit of patina on them as well. I keep them clean but if theres some stone chips on ah so be it shows it’s been enjoyed..that’s why I didn’t bother with PPF on my 911..as I’m planning on keeping it anyway 👍
They're not stone chips, they're battle scars!
That window wiper arrangement is as mad as the car.
Always loved the look of a 430, still do.
Two videos at once , happy days
Excellent video! In aviation, 'hangar queen' is a term pilots looking to purchase a used aircraft pay attention to. It's great if the engine(s) and airframe have low time but if that's because it has sat in a hangar collecting dust that is a big red flag as it should be for cars. Having the 'perhaps I shouldn't be putting so many miles on this vehicle because it will decrease the value' thought as one is driving should be the first sign that it's time to sell it on because you obviously aren't enjoying it that much if that is what is going through your mind.
Very enjoyable video, as always. Are you on Mr Metcalfe’s favoured test route there? Looks very like it. Cheeky!
Spotted that too 👍🏻
As a Ferrari salesman in Sydney it became very clear that there were two types of Ferrari Buyer. The "Motoring/Engineering fancier" who liked the 5 valve per head technology or the use of aluminium in the chassis. These were the very active driving members of the Ferrari Owners Club. Then there were the "Art collectors". You would speak to them very differently. Group A you would talk about the cars engineering and technology. Group B you would just stand there and say "Isn't it stunning".
We also had a 365 Berlinetta Boxer that had sat in the showroom for 13 years. It needed a major engine rebuild as every seal, gasket and piece of rubber had dried out and perished. It was worse having not being driven.
The quality of one's life is worthy of spending the value of any Ferrari. The experiences are the journey. The costs are way too high if you have a Ferrari but are unwilling to drive it.
Jay, I couldn't agree more with those comments. It always amazes me when I see incredible cars, many 40 plus years old, advertised with ridiculously low miles on them. They were built to be driven and enjoyed. The fact they are worth obscene amounts of money today is simply due to market forces and the world being awash with squillionaires.
I drove my 355 enough to enjoy it but was careful about the kms I put on it.. when I bought my 575M I decided that I would probably keep the car long term and so I drive it regularly, on average 4,000 kms a year. It gets serviced annually and is about to get the premium service. Consequently, it's in great condition and drives superbly. If I have it for another 11 years, and am still driving safely when I turn 80, I won't care what it's worth, because as you state, it will have given me so many great driving memories. And that's what driving a special car, like a Ferrari, is all about.
A final thought that is a regular talking point amongst us "older" car guys is this. Who will be buying these cars in 20 years time? Certainly not us baby boomers. ICE cars will be no longer made, and petrol will be more (a lot more) expensive. Speed limits, congestion taxes, road usage taxes, autonomous cars, etc will have taken the thrill out of having these cars. Anyway keep up the discussion..
Love the videos where you talk about car ownership and drive the cars you own!
I can't afford a car these days. My sad old bicycle, owned from new, has done an unknown number of miles; fifteen years ago it was worth £30 [thirty]. Today it's worth £20 [twenty]. Er, which probably says a lot about something. No idea what, though.🤔
Frankly, my dear, I'd rather be driving. (Sob, sniff, etc.)
Top class, fun and informative. Any who have some nice driving roads to be explore?. All the best.
I was always under the appreciation that it was because they didn't want to replace their clutches so often.
Cars are built to be driven, delighted you are driving yours….and enjoying it. Kudos!
Lovely shirt, perfect for autumn 👌🏻
My sprinters just about run in at 132,000 miles. Just keep changing that oil 😈
Your sprinters?
@@resnonverba137 Sprinter's (Mercedes Sprinter)
@@stephenauty2402 Thank you, now it makes sense.
As someone who as never owned a Ferrari, and never will, the reluctance to
drive an expensive car is realtive to what you can afford to buy and run
not just the brand name.
Having owned Maserati's, and Aston Martins that i bought as low milage mint
samples, then wanting to keep them that way, is fine when you decide to sell them
but sad that you have been too frightened to risk driving them.
Great film Jay. I've just had a double helping having watched the 944 turbo s video too. How many cars have you got now and have you done anything with the s2000 recently or has that gone?
The scud sounds and looks so good!! You're right, I'd be more worried about the condition of a car that's sat still for so long... And personally I buy cars to enjoy driving them... If I can't afford the depreciation then I can't afford the car. I guess everybody's different though.
Great video Jay. Just bought a 22k mile scud, plan to add a hell of a lot more to it!
Wonderful stuff (as always) James. I keep coming back to this video because it helped ease my own Ferrari mileage anxiety - the real joy-killer of my Ferrari ownership if I'm honest. I'm one of those people who over-paid for the ultra low milage example - mostly because I'm a perfectionist and wanted a pristine car.
I bought my dream-spec 3yo Pista with 600 miles on it last year. In my first year of ownership I put 400 miles on the car and kinda freaked out as it rolled over 1,000 miles. I'd almost doubled the milage in a year. Ouch! After watching your video a few times it really hit home that I didn't buy the car as an investment. I bought it to enjoy its drop-dead-gorgeous styling and the sheer thrill of blasting my (first ever) dream modern supercar around fantastic local Scottish driving roads.
Pista values have softened since I purchased the car and I know I've already lost a chunk of money. My favourite bit of your video is when you mentioned that the "return on investment isn't a financial one" - it's the fun, the memories, the smiles, shared experiences, the drives, the conversations, the meet-ups and lovely people you meet by taking the car out and sharing it. This really hit home. You're totally right.
I put another 450 quality miles on it this year and it'll mark it's 5th birthday at 1450 miles. I recently spoke to a local Ferrari dealership buyer and shared my mileage anxiety experience with him. He laughed and said "1450 in 5 years is nothing". He said "Go and enjoy the the car. You can afford to put a good few thousand miles on the car. It wouldn't change the price I'd offer you for a trade-in."
This totally opened my eyes and along with your video has me all-set to finally stop worrying about mileage in 2024. I've got no plans to sell so it's time to go enjoy the car. It's what I bought it for.
PS. If you're planning a trip to the west of Scotland, give me a shout. Maybe we can figure out a way to get you in the car to make a video for your channel.
Exchange miles per hour for smiles per hour. That's the best investment!
Love your car, Jay! And love that you use and enjoy it. Cheers!
Glad to see you enjoying and driving it!
Fantastic video, makes me want to drive mine more, totally correct that a drive out is always memorable, and you can’t put a price on that, we should all just enjoy these iconic cars, they benefit from the finest of engineering and would take 200k miles in their stride, yet these cars are used like they are made of fine China, treat them with respect and enjoy the fact they exist, by driving them
Great talking vid, true or many cars. As you have said in the past and I fully agree with, "cars are not investments". Aside from the odd 0 or near zero mile specials of course. What is the point of a car undriven?
Can’t decide which Ferrari to take out now after seeing this video. Thanks, James 😉😉
Awesome car. Nice video. Keep up the good work.
You know, everything...everything you have said about ferrari in this video is exactly correct. In my 20 years of Ferrari ownership I realized this after only a few years. Spot on jay🤗
That B4437 is an absolute peach of a road! Cotswold's own Corkscrew
Keep quiet or average speed cameras will spoil it !
@@PF1983 If they wanted to fry easy fish, they've got Fosseway and Fish Hill not too far away. It's quite bumpy so unless you're doing NW200 pace across blind farm entrances, you'll be fine.
Superb content and video, thank you
Great video as always. I have to admit every time i watch you the first seconds i am like.. WTF is he doing on the oposite lane..... hehe Lotsa love from rightside driving Greece
You see it all the time in various user groups (forums, facebook groups, etc). Prospective buyers looking for a 25 year old sportscar, but at the same time thinking that anything over 100K miles is an awful lot. Which is just an average of 4K per year, which is also just about enough to keep the maintenance intervals in check and the tires somewhat fresh. MAKE UP YOUR MIND.
brilliant video and great advice !
You summed it up at the end.When you get too old to drive it I'd rather have memories of using it regularly instead of it being worth a bit more.
This is a great video. Mileage is often not talked about
Good for you Jay for driving your car. I would have to say that I am not afraid to put miles on my Ferraris; however, I would drive them more often if I had more time and if the cars were a bit more practical.
We do seem very mileage obsessed in the UK, even on cars more than capable of covering big miles.
I’m sure some of the bills people end up with on cars like Ferrari’s is because they don’t get used enough although there are exceptions such as yourself. I think the reason a lot don’t get used because they’re concerned with value rather than lack of time.
Manual 360 Modena. Semi-stored for 8 years before I bought with 10's to few hundred miles a year. I'm now doing 3k to 5k miles per year & working through all the seal issues / fluid leaks due to previous lack of use! Getting there!
& a smile every single mile.
Good on you Tony!
@@JayEmmOnCars You too. By the way, love driving those Cotswolds roads as well.
Jay, your car is outstanding. And I am very pleased that you actually drive it. If I owned a Ferrari, I'd drive it as often as makes sense. I would not care about mileage. If someone buys them as investments, they are not car enthusiasts, they are art collectors. These cars were built to be driven, not sat in a garage and looked at until everything leaks and they break down. Drive the damn things!
Yes I know that road!!!! It's the one going into Charlbury - such a good road. You live in Oxfordshire? Might have to organise a go in our 2 evos got a 5rs and a 7 time attack car
Never thought about it as much, but it makes total sense. I bought a 5-year-old Porsche 911 that had done an average of 7,000kms per year. Just put another 15,000kms on it in my first year of ownership and loving it :-)
Very well put. Great advice.
19:50 - The ten seconds of the video that tell the story that really matters
Absolutely...the same applies to many things
This is one of the most beautiful cars I've ever seen. To see it in person will blow your mind.
What would bother me about a 10 year gap between services would not be that the oil hasn't been changed, as it'll be synthetic so will probably be fine, it would be all the seals in the engine etc. that will have dried out through lack of use. When Aston did the One-77, the local dealer told us that many would effectively be static displays and they would go and drain the fluids. If they wanted to get them on the road, then there would effectively be a whole recommissioning process to replace dried out seals before new fluids are added and it can be used. As you say, that process is not cheap because of the labour involved. Buy a car like this that's been in stasis for 10 years and it might have low mileage, but could be hiding a huge imminent bill if suddenly used.
I'm mostly in the catagories of too many supercars and not enough time, but I also have a different philosophy on how the cars get driven. For me I want ever time I get in one to be a special experience. So I'm only ever taking the cars out for dedicated drives on country backroads or when taking out the girlfriend/a weekend getaway
Another great video, keep it up.
We face the same problem over here in Aus, especially in relation to euro cars. Anything over 100k kms people do not want to touch and cars are harder to move on past this point.
As pointed out in my post above. Our Mindset in Australia has been shaped, to think any used car under 100,000 kms is a BARGAIN, such low mileage. Whereas a used car with 110,000 kms or 120,000 kms is high mileage, and to be avoided, hence its used car sale price will be slashed, to almost, nothing, of no value.
“You could sell a F40 with 500k miles, probably to someone called Scott” hmm a rataf40 lol
I'd take it !!
I live in Sweden and 2 of the 5 cars i owned were way past 250 000 km (150 000 miles). One died due to shitty electronics (it was a 166) and the other (an E500) i sold it for a little profit as it was pretty rare here. The issue is always the previous maintenance done and the general condition of the car. I totally prefer a well used car than a garage queen. Generally, my advice would be this: Get a used great car, well maintained, and drive it to death. It will be less expensive that just about anything and more rewarding to drive that the modern shitboxes
Got two neighbors, one has a 16M Spider, it has less than 3,000 miles, another has a 2005 Ford GT since new, daily drives it to work everyday in the summer, so sad to see these cars not driven.
Saw you driving through Sudbury. These cars look so much better in person. It seems someone else has the same car in Sudbury too