$2,700/year to run a Ferrari in maintenance? Factor gas, tires, and insurance, I bet you could run it for around $5k. Instead of taking a vacation every year, buy a Ferrari and have fun with it haha
+Cars Uncovered You forget depreciation. The cost of owning and driving a ferrari vs. investing the money is pretty fucking huge. I'm not saying it's not worth it though :3
Also forgot the monthly parents if you don't have the 50k in cash to put down on it, I would rather have a decent mid level luxury car and a nice vacation every month over an old Ferrari
***** You can't compare the price of taking a holiday to the price of a ferrari. The price of the holiday should be insignificant next to the price of the ferrari unless your holidays are epic as fuck
+GrimeHubTV He said exactly "Instead of taking a vacation every year, buy a Ferrari and have fun with it", except he didn't factor in the actual cost of buying the Ferrari and selling it later which is probably the most expenve part. You can't just pay for maintenance and gas, the car is not free.
Peter Von Crastenberg you sound like such a idiot in that last comment and used such bad grammar..... if you're going to use bad grammar like that don't bother using commas and periods. I take back that BA degree that I thought you had you are just an idiot
Peter Von Crastenberg i obviously don't use grammar on youtube comments i do point out other idiots though when they try to act like they are using perfect grammar and spelling when they do not... and of course you graduated from yale, have a super model wife, billion dollars in bank, fleet of Zondas in the garage, i totally believe you.....
+MO Silver Yeah unfortunately most the 'vettes I see are driven by old retired people that always drive the speed limit. Kind of ruins their street cred. LoL
You can buy genuine parts online at a 1/3 of the cost. Also go to a Ferrari specialist rather than a dealer. You will save 2/3rds the cost of retail from a dealer
you should make this into a series for all the exotics in the gotham fleet! definitely interesting to see the cost of ownership for various cars from a real perspective and not just expected
Most people that own Ferrari’s don’t know a thing about cars or working on them I’ve noticed. I think I’ll be one of the very few that works on my own Ferrari
A similar video for your 911 would be awesome. NSX would be cool to hear about too. You could do them both and compare them and see how big of a difference there is.
McRacerGT2 Well, that is kind of a tricky question-- for example, the cost of new brake pads and resurfacing the rotors (front and rear) would be maybe $1k-$1.5k in USD
usually doing work yourself shaves costs by a little more than half. so 4 grand over 2 years and 8000 miles if you're doing the work yourself in a garage that's not bad at all
+Ryukachoo A. Rob is not going to do it himself. B. This is not a civic. There are reasons why fewer 3rd party exotic car garages exist compared to the ones you find on every street corner. C. If you are worried about $4k, you shouldn't own a Ferrari. Also, it makes zero sense and wildly inefficient to a successful entrepreneur to waste time learning how to change a clutch, buying the tools, praying to god you don't mess anything up, ect when that time could be spent making more money and paying someone else to do it.
Nearly impossible to do "work" on it yourself. If you didn't know for Ferrari, you need to actually send it in to Ferrari HQ to do maintenance work every year or so. And yeah, you need most of the work recorded so best to take it to dealership
+ATrueKneeGrow lol you people act like if it was a fucking spaceship. It's a car with a fucking engine and transmission, anyone with decent knowledge / tools / time can fix a damn ferrari
+MEOW MEOW Even aftermarket is expensive. I can get the back alley special for 2000.00 but I need to replace the ecentric slave cylinder which costs 400.00 bucks. I even work in a bodyshop and get awesome discounts, but this is going to cost me either way. My dealership is pricing out aftermarket for me and arranging a discount on labour. I will have another answer today.
I was watching this and thinking the same thing. Infiniti wanted $3500 for a new CSC and clutch and flywheel combo installed. I literally almost dropped dead. Oddly enough CSC started working again and hasn't failed yet.
+Car Guy I guess I dodged a bullet. I almost bought a 350z with the clutch going out. As long as your getting a new flywheel I suggest an aftermarket lightweight flywheel.
Wow, I had no idea Ferrari maintenance was so reasonable. Granted, it's the entry level Ferrari, but I was expecting a 5-figure cost for just a clutch alone. Looks like 360 maintenance and repair isn't much different than a Merc or BMW. Thanks for sharing
Worst thing I had was my brake module broke down, $8500 later and I had brakes working. Other than that it hasn't been the worst. But also seems you got a pretty nice mechanic who doesn't charge you a limb.
That is surprisingly cheap in terms of maintenance cost for a Ferrari. Thank you for your videos. Entertaining and informative. Keep em coming Rob, cheers
+IngeniousFirefly But he didn't include the price of gas or insurance on this, it was just maintenance so comparing it against a sedan or SUV where you factor in all 3 vs just maintenance is a bit unfair.
+IngeniousFirefly He only totaled up EXTRA stuff that we don't normally need, i.e. he did't include oil changes, insurance, gas. etc. In reality it's closer to $4-5 per mile he's driven. Ferrari cost of ownership is pretty high compared to any other brand except the true exotics (e.g. Bugatti).
I am pretty sure that this car has a service panel for the timing belt and therefore the motor does not need to come out for the major service like the 355 you mentioned.
Rob, I truly enjoy your matter of fact style. Cut through the crap and say it like it is. There are so many horror stories about Ferrari maintenance that have dampened my enthusiasm about owning one to actually drive. Thanks for the data!
That was actually pretty informative, and seems to confirm my estimates for my own 360 (even with the conversion from USD to GBP). It's next service will be a major one for its 15th. I've not yet needed to replace the clutch or brakes (or tyres) but I'm sure they'll need changing at some point in the next couple of years. Incidentally it did drop clutch hydraulic fluid everywhere 3 days after I bought it (a year and a half ago) but that was thankfully covered by the dealer warranty :-)
Interestingly enough; from what you are saying it is actually cheaper to own a Ferrari 360, than pretty much anything Mercedes AMG or any BMW M car. And the funny thing is that the owners of those are typically scared of the thought of owning a Ferrari
That isn't bad at all. But that initial buy in... that's what gets most! I'd drive the heck out of one of those though, I like the styling of the 360 a lot. (although, 355? probably even better).
the cost of service is shockingly similar to the Nsx. everything down to the major service and clutch is about $200 off and the Nsx clutch is even more expensive to replace esp on a na2 model.
i admire your love for cars rob, aspiring to be like you with a beautiful selection of cars, i have a few business ideas which will hopefully take off in the next 5 years, wish me luck!
4,000 miles a years breaks down to 11.9 miles a day ( +/-) a few. ( more than likely the distance from your home to the shop). Which means the Ferrari wasn't beat on or abused ( not excessively anyway).
Considering that a clutch work for my old '96 FIAT cost me about 400€, 2,5k for a Ferrari clutch isn't that much expensive. I honestly thought that running a Ferrari, even a 360, was way more expensive than 8k in two years, including a full brakes replacement.
It's cost like maybe 5 grand to own my subaru for 20 years. clutch has been replaced twice, pads, oil filter (duh) and head gasket. The EJ22 is just so bulletproof
Cost of owning an 2009 Subaru Impreza WRX 1 owner, I purchased at 27,000 miles. Power steering rack failure at 52,000 miles -$700 part, $300 labor Alternator failure / Dead battery at 84,500 miles - $560 + Battery $200 Tires: $600 It's been a pretty reliable car so far.
I have an '04 360 Spider with 12,000 miles and different parts are always breaking and the battery always dies (yes I have a charger). It's been costing much more money than expected.
Had a 911 (997) & a Cayman S along with 11 Lotus (Elise, Exige, 2 11 & Evora) I'm seriously thinking of a Ferrari Running costs do worry me so thanks for the information
Service costs for an already expensive used Ferrari is educational at best a new engine or transmission for average car may cost 1-3K this is a whole other level.
I've had a number of Ferraris and have never had to spend that much on their maintenance. You're right though, it is a myth about how expensive these cars are to maintain. If you buy them well and look after them by doing regular stuff (including driving them as they were designed) they don't have to be much more than most cars.
When I was a teenager 70-80's Porsche 911 were as low as $8000 in the late 90s. I wanted one but was afraid of maintenance cost. Now these old air cooled 911s are up to $60,000. You never know if these rock bottom prices on 360 will return to higher value. One argument is that the old 911s are easier to work on.
What sort of deals were you getting on the parts? I've seen a lot of 360's go through maintenance and you have some great prices! Also, you say the opposite thing about reliability and low cost of repairs in your video "When Ferraris break".
Jeez. I had a Ferrari 360 a couple years ago. I spent A LOT more. Granted it broke a ton. But I didn't get anywhere near 8k miles and only had it maybe 4 months? And spend probably 15,000$ to maintain it.
+Katie Newmeyer probably a roll back. If you know what your looking at you can avoid the headaches. Some people sell them when they know there will be headaches, some roll them back to mask the actual use of them. Just have to be careful what you buy. Always get a PPI when you buy one.
Very reasonable. I think the 355 major service is super pricey because it's an engine out service? The 360 fixed all that so most of the services can be performed with the engine in. You never know what the hell people are talking about though, that sounds very reasonable. Although, I remember talking to a guy with a 360 F1 who showed me some pretty alarming bills of his for fixing issues with the F1 transmission (ie. 3k here 5k there... wtf).
+youtubasoarus F1 issues are somewhat hard to troubleshoot so dealers specially like shotgunning multi thousand dollar parts. Sometimes it's a seal here or there, simple shit. Other times is just clutch slip re-adjustment.
Another approach. Love the car, learn the car. Fix it yourself. Buy a lift, get a Picoscope, the shop manual and some tools, like I did. Bribe the Ferrari tech occasionally for tips / work on the side. Video all your work and keep for future reference. You could also change your name to Antonio Ferachi, or something like that and work on that Italian accent when it comes time to sell. By the way, the guy you sell the car to will come to you when they need something fixed. Extra cash for you too. Now you see my logic? lol
Did you have independent shops or a dealership do all the work? A friend had a major done on his three pedal 360 and it was $4,700 without brakes. Car only had 24k miles.
...Bought it from a guy in PA....that wasn't Doug DeMuro's 360 was it? Doug's videos are good, he does a good job, but (and I'm not pickin, not trying to) he can be kind of negative in his reviews even when he is saying something good. Both you and he 'keep it real' and down to earth which I like. I just prefer your enthusiasm towards the 360, pus having the bills to refer to was a great motivator for me to now look seriously into getting a 360. I'm eyeing a spider F1. I live in Los Angeles so being in the water isn't a problem or concern, the shrinkage is....wait, hold on, stop...that came out wrong... Great vid, looking forward to one on the spider by itself if thats in the works. (I wrote to you on my other channel. This is the one I use the most)
+superspeedersRob Oh sure Rob, I'd love to retrieve that information for you! Looks like $0.92 per mile. That's not calculating depreciation. Turns out, his car did actually depreciate in terms of buying and selling price. Here's his article: jalopnik.com/heres-what-it-cost-me-to-own-a-ferrari-for-a-year-1669923931
So you may have answered this in an earlier segment, but do you enjoy the car overall? Do you still maintain that it's good value for money? Thanks for the update.
A total of 52,000 miles on this car, figure in the original price which the original owner took the hit on when he sold it. This gut bought it and it may hold its value or not I doubt it older Ferrari's unless their a special model DON'T. He said when he bought it the service was just done and now in another 8000 miles another major service which included new brakes and rotors come on really. What about insurance and those costly tires. You don't need to justify the cost of ownership but don't make it sound reasonably because it's not.
not bad at all...I own a 1995 corvette and even though it isn't an exotic it has expensive maintenance costs for what it is....tires are 300 bucks a piece and replacing the old sound system 2500..it is my daily so it gets used much more..maybe its because its old...and the dealer doesn't carry the parts for it...so I have to buy them online or take it to a corvette shop..one screw for the targa top is 80 bucks and a little gear for the flip up lights is 60 bucks...im not rich like Rob and Im not complaining but seems a little pricy for what it is.
superspeedersRob For what Ferrari uses, they use special formulated pads and rotors. Yeah I don't think so either, that's why I said I could understand that cost. The rest seems pretty normal. Outside of that though for any other car that's high; outside meaning non exotic. I don't even think a BMW would be that much for brakes but I don't own one yet. Is that normal?
...Bought it from a guy in PA....that wasn't Doug DeMuro's 360 was it? Doug's videos are good, he does a good job, but (and I'm not pickin, not trying to) he can be kind of negative in his reviews even when he is saying something good. Both you and he 'keep it real' and down to earth which I like. I just prefer your enthusiasm towards the 360, pus having the bills to refer to was a great motivator for me to now look seriously into getting a 360. I'm eyeing a spider F1. I live in Los Angeles so being in the water isn't a problem or concern, the shrinkage is....wait, hold on, stop...that came out wrong... Great vid, looking forward to one on the spider by itself if thats in the works.
outside of the major maintenance that included full brakes and rotors the maintenance is actually on the lower end of appropriate. ive read of horror stories from people with jags having to pay a lot more than this ferrari. that $4k brake+maintenance though I would freak - that needs to happen only how many miles?
$2,700/year to run a Ferrari in maintenance? Factor gas, tires, and insurance, I bet you could run it for around $5k. Instead of taking a vacation every year, buy a Ferrari and have fun with it haha
+Cars Uncovered You forget depreciation. The cost of owning and driving a ferrari vs. investing the money is pretty fucking huge. I'm not saying it's not worth it though :3
Also forgot the monthly parents if you don't have the 50k in cash to put down on it, I would rather have a decent mid level luxury car and a nice vacation every month over an old Ferrari
+Elliot Davis I was assuming you bought it outright haha...can't imagine anyone stretching their budget to own an old Ferrari...
***** You can't compare the price of taking a holiday to the price of a ferrari. The price of the holiday should be insignificant next to the price of the ferrari unless your holidays are epic as fuck
+GrimeHubTV He said exactly "Instead of taking a vacation every year, buy a Ferrari and have fun with it", except he didn't factor in the actual cost of buying the Ferrari and selling it later which is probably the most expenve part. You can't just pay for maintenance and gas, the car is not free.
loving all the updates, your killing it man
+Peter Von Crastenberg no, you're just a white knight who still corrects grammar. go do something with your life lol.
+Migos thats all he is good for, he went to college to get an BA in english..... lmao
+CUZC0M lmao what a waste of a college major eh?
Peter Von Crastenberg you sound like such a idiot in that last comment and used such bad grammar..... if you're going to use bad grammar like that don't bother using commas and periods. I take back that BA degree that I thought you had you are just an idiot
Peter Von Crastenberg i obviously don't use grammar on youtube comments i do point out other idiots though when they try to act like they are using perfect grammar and spelling when they do not... and of course you graduated from yale, have a super model wife, billion dollars in bank, fleet of Zondas in the garage, i totally believe you.....
Surprisingly cheap for a clutch and instal on a ferrari!
+yeezydidit very cheap
+Han Solo it cost more for a clutch in my corvette... Honestly thinking of buying a ferrari now haha
+yeezydidit a decent clutch on my sti would be more in just parts I think lol
+yeezydidit
Do it! I sold my 2001 Vette a few years ago, and got a 308. Not nearly as fast, but a it's a lot of fun to drive, and doesn't depreciate.
+MO Silver Yeah unfortunately most the 'vettes I see are driven by old retired people that always drive the speed limit. Kind of ruins their street cred. LoL
You can buy genuine parts online at a 1/3 of the cost. Also go to a Ferrari specialist rather than a dealer. You will save 2/3rds the cost of retail from a dealer
Mad respect to you for actually putting a lot of miles on your supercar and not turning it into a garage queen!
you should make this into a series for all the exotics in the gotham fleet! definitely interesting to see the cost of ownership for various cars from a real perspective and not just expected
Should have got it with a bumper to bumper warranty. lol
+statesidesupercars i got that bumper to bumper insurance with my girlfriend for that earthquake and tsunami accidents if you know what I'm saying.
+The One Who Could But Couldnt Boo get off the stage
+statesidesupercars non-existent for used exotics. Aston Martins are shit, they have to offer a warranty just to try and sell them.
@@superspeeders he was just trying to be a funny RUclips commenter.
Damn. I remember the day you uploaded the video when you bought it. I didn't thing it was that long ago 😂
+joeg556 Yup, time ticking on by.
"Valve cover gasket on the front of the car" on a mid-engine car...
It's a really big gasket.
Most people that own Ferrari’s don’t know a thing about cars or working on them I’ve noticed. I think I’ll be one of the very few that works on my own Ferrari
A similar video for your 911 would be awesome. NSX would be cool to hear about too. You could do them both and compare them and see how big of a difference there is.
+James Thorpe coming soon, 3 uploads a week, you'll always be in the loop.
Rob out here paying for a clutch change that costs 2500 dollars meanwhile I'm struggling to pay for gasoline on my shitbox
Ismael Maldonado why you crying, go get some
I was being sarcastic you idiot
can you do a cost to own a Porsche 911 video
+McRacerGT2 As long as you take care of them, they will last you a long time. little things break, but mechanically, they are very solid!
+Torrey B that's why I prefer Porsches over Ferraris
+McRacerGT2 911s are very reliable just have to keep up with oil changes and brakes. Brakes are expensive. It will vary from 964,993, 996 and 997.
+ihsnshaik how much would you say are the cost if brakes on a 997 carrera
McRacerGT2 Well, that is kind of a tricky question-- for example, the cost of new brake pads and resurfacing the rotors (front and rear) would be maybe $1k-$1.5k in USD
usually doing work yourself shaves costs by a little more than half.
so 4 grand over 2 years and 8000 miles if you're doing the work yourself in a garage
that's not bad at all
+Ryukachoo You really can't do the work on a Ferrari yourself. It's best to have a dealer do it so it is recorded properly.
+Ryukachoo A. Rob is not going to do it himself. B. This is not a civic. There are reasons why fewer 3rd party exotic car garages exist compared to the ones you find on every street corner. C. If you are worried about $4k, you shouldn't own a Ferrari. Also, it makes zero sense and wildly inefficient to a successful entrepreneur to waste time learning how to change a clutch, buying the tools, praying to god you don't mess anything up, ect when that time could be spent making more money and paying someone else to do it.
Nearly impossible to do "work" on it yourself.
If you didn't know for Ferrari, you need to actually send it in to Ferrari HQ to do maintenance work every year or so.
And yeah, you need most of the work recorded so best to take it to dealership
+ATrueKneeGrow lol you people act like if it was a fucking spaceship. It's a car with a fucking engine and transmission, anyone with decent knowledge / tools / time can fix a damn ferrari
rock I don't know about you, but I'd be pretty picky about who does my brakes on a 200mph racecar.
I need a clutch in my 370z which requires the flywheel and the oem set up plus labor at the dealership costs $3500.00 or more.
Try another certified Nissan dealer or garage.
+MEOW MEOW Even aftermarket is expensive. I can get the back alley special for 2000.00 but I need to replace the ecentric slave cylinder which costs 400.00 bucks. I even work in a bodyshop and get awesome discounts, but this is going to cost me either way. My dealership is pricing out aftermarket for me and arranging a discount on labour. I will have another answer today.
I was watching this and thinking the same thing. Infiniti wanted $3500 for a new CSC and clutch and flywheel combo installed. I literally almost dropped dead. Oddly enough CSC started working again and hasn't failed yet.
+Car Guy I guess I dodged a bullet. I almost bought a 350z with the clutch going out. As long as your getting a new flywheel I suggest an aftermarket lightweight flywheel.
+Car Guy What's the mileage on it?
Wow, I had no idea Ferrari maintenance was so reasonable. Granted, it's the entry level Ferrari, but I was expecting a 5-figure cost for just a clutch alone. Looks like 360 maintenance and repair isn't much different than a Merc or BMW. Thanks for sharing
Worst thing I had was my brake module broke down, $8500 later and I had brakes working. Other than that it hasn't been the worst. But also seems you got a pretty nice mechanic who doesn't charge you a limb.
That is surprisingly cheap in terms of maintenance cost for a Ferrari. Thank you for your videos. Entertaining and informative. Keep em coming Rob, cheers
When rob isn't busy he just makes videos, great content!
+Keebos Recreation very busy, hired a guy to help out twice a week.
That clutch install is cheaper than my wife's Evo VIII clutch.
$1 per mile LOL
+Thomas Was about to say the same lol
I SAID THE SAME THING xD
+Thomas pretty common for super cars to cost $1-$2/mile if not more
+IngeniousFirefly But he didn't include the price of gas or insurance on this, it was just maintenance so comparing it against a sedan or SUV where you factor in all 3 vs just maintenance is a bit unfair.
+IngeniousFirefly He only totaled up EXTRA stuff that we don't normally need, i.e. he did't include oil changes, insurance, gas. etc. In reality it's closer to $4-5 per mile he's driven. Ferrari cost of ownership is pretty high compared to any other brand except the true exotics (e.g. Bugatti).
I am pretty sure that this car has a service panel for the timing belt and therefore the motor does not need to come out for the major service like the 355 you mentioned.
Not how I was expecting this video to go ha. Thanks for the update! Didn't think it's been that long already.
Rob, I truly enjoy your matter of fact style. Cut through the crap and say it like it is. There are so many horror stories about Ferrari maintenance that have dampened my enthusiasm about owning one to actually drive. Thanks for the data!
+One0ldGeek yeah, I just tell it like it is. Some people like to make it a bigger deal to try to impress others. Not my goal.
That was actually pretty informative, and seems to confirm my estimates for my own 360 (even with the conversion from USD to GBP). It's next service will be a major one for its 15th. I've not yet needed to replace the clutch or brakes (or tyres) but I'm sure they'll need changing at some point in the next couple of years.
Incidentally it did drop clutch hydraulic fluid everywhere 3 days after I bought it (a year and a half ago) but that was thankfully covered by the dealer warranty :-)
dude whenever I search 360 your videos keep coming up...I can't find anything else lol
This was my dream car for many years. Until the newer one. So pretty. Kevin Garnet lived by me and had a silver one
It's pretty expensive to own Ferrari. Good thing I'm poor.
+IngeniousFirefly think?
🤣
My POS beater winter Jeep cost me over $1000/yr the last 2 years to drive for 4 months/yr, so the maintenance on the Ferrari is Crazy Reasonable.
"Why have one when you can have two?"
Good one lol!
Interestingly enough; from what you are saying it is actually cheaper to own a Ferrari 360, than pretty much anything Mercedes AMG or any BMW M car. And the funny thing is that the owners of those are typically scared of the thought of owning a Ferrari
The major service is much cheaper on a 360 over a 355 or 348. The engine doesn't need to come out for the 360.
That isn't bad at all. But that initial buy in... that's what gets most! I'd drive the heck out of one of those though, I like the styling of the 360 a lot. (although, 355? probably even better).
the cost of service is shockingly similar to the Nsx. everything down to the major service and clutch is about $200 off and the Nsx clutch is even more expensive to replace esp on a na2 model.
How much does the knowledge cost though? You also need more book shelves in your garage.
i admire your love for cars rob, aspiring to be like you with a beautiful selection of cars, i have a few business ideas which will hopefully take off in the next 5 years, wish me luck!
+TheOverkillWill I wish you good luck sir!
Thanks!
4,000 miles a years breaks down to 11.9 miles a day ( +/-) a few. ( more than likely the distance from your home to the shop). Which means the Ferrari wasn't beat on or abused ( not excessively anyway).
Proof exotics are a whole different world. A major service at the Honda dealer I work at is between $325 to $500
Very informative.... Thank you... In terms of the cost of the car being around 80-100k not bad at all!!!
Rob, it cost me $150 to do a basic service on my Lancer. So that's not bad...
Love the videos Rob, I like these detail videos.
When buying a car without a trailer I can use AAA
$135 per year. Four 100 mile tows per year and one 200 mile tow. Works great.
only costs $0 to steal one ;)
Do one on a Ferrari 355. The most beautiful Ferrari ever made, the most beautiful car ever made by anyone, followed by the 91-05 Acura NSX.
Thank you for sharing your unique knowledge and experience.
Crazy enough, I was considering getting one when I'm older, lately.
Considering that a clutch work for my old '96 FIAT cost me about 400€, 2,5k for a Ferrari clutch isn't that much expensive. I honestly thought that running a Ferrari, even a 360, was way more expensive than 8k in two years, including a full brakes replacement.
It's cost like maybe 5 grand to own my subaru for 20 years. clutch has been replaced twice, pads, oil filter (duh) and head gasket. The EJ22 is just so bulletproof
Cost of owning an 2009 Subaru Impreza WRX
1 owner, I purchased at 27,000 miles.
Power steering rack failure at 52,000 miles -$700 part, $300 labor
Alternator failure / Dead battery at 84,500 miles - $560 + Battery $200
Tires: $600
It's been a pretty reliable car so far.
Do more of these with different cars
Damn the clutch was barely more than my 996 clutch, but that's with a flywheel too. Not bad
So you bought it from the 1st owner, what did you pay?
I have an '04 360 Spider with 12,000 miles and different parts are always breaking and the battery always dies (yes I have a charger). It's been costing much more money than expected.
+Josh Bromberg Thats low miles, look into the maintenance history its possible you bought a rollback. What things have broken on you?
Had a 911 (997) & a Cayman S along with 11 Lotus (Elise, Exige, 2 11 & Evora) I'm seriously thinking of a Ferrari
Running costs do worry me so thanks for the information
that's not a bad total. especially with clutch, brakes, and a major service... Were the repairs done at the dealer or trusted mechanic?
Service costs for an already expensive used Ferrari is educational at best a new engine or transmission for average car may cost 1-3K this is a whole other level.
can you do a cost to own a Porsche Cayman S video
Thank you for the video...you are awesome and as such awesome people deserve awesome cars.
now i know the maintenance isnt an issue !!!! thank you....now i just need to find one i can afford...
not bad at all. I wouldn't even count the clutch since that cost was probably factored into your purchase price...
Great update!
do an exhaust video of it! I'd love to hear that kreissieg!
nice always like your breakdown Rob
I've had a number of Ferraris and have never had to spend that much on their maintenance. You're right though, it is a myth about how expensive these cars are to maintain. If you buy them well and look after them by doing regular stuff (including driving them as they were designed) they don't have to be much more than most cars.
+Mike Kleinsteuber agreed.
Thank you Rob I really appreciate this video!
That was a hellafied valve cover gasket leak.
Love these "how much" videos!
When I was a teenager 70-80's Porsche 911 were as low as $8000 in the late 90s. I wanted one but was afraid of maintenance cost. Now these old air cooled 911s are up to $60,000. You never know if these rock bottom prices on 360 will return to higher value. One argument is that the old 911s are easier to work on.
What sort of deals were you getting on the parts? I've seen a lot of 360's go through maintenance and you have some great prices! Also, you say the opposite thing about reliability and low cost of repairs in your video "When Ferraris break".
Jeez. I had a Ferrari 360 a couple years ago. I spent A LOT more. Granted it broke a ton. But I didn't get anywhere near 8k miles and only had it maybe 4 months? And spend probably 15,000$ to maintain it.
+Katie Newmeyer probably a roll back. If you know what your looking at you can avoid the headaches. Some people sell them when they know there will be headaches, some roll them back to mask the actual use of them. Just have to be careful what you buy. Always get a PPI when you buy one.
$2k for major service on a Ferrari is much less than I imagined. I spent $1,300 to get the 100k mile service on a 2007 Tahoe.
I like how he makes videos that only matter and nothing irrelevant
+RaFi TV I try to put up actual content without just filler.
Thank you; costs very reasonable
Love that you do this
+Tony Montona Thanks.
Thats a nice price for the Major Service!
Thanks Rob!
Not bad at all! My 2003 S350 is costing me around 3k$ a year to keep it in good condition.
favorite car after the raptor. remember using that car in NFS back I my ps2 days
Very reasonable. I think the 355 major service is super pricey because it's an engine out service? The 360 fixed all that so most of the services can be performed with the engine in. You never know what the hell people are talking about though, that sounds very reasonable. Although, I remember talking to a guy with a 360 F1 who showed me some pretty alarming bills of his for fixing issues with the F1 transmission (ie. 3k here 5k there... wtf).
+youtubasoarus 360 trans, engine, convertible top are all very expensive.
+youtubasoarus F1 issues are somewhat hard to troubleshoot so dealers specially like shotgunning multi thousand dollar parts. Sometimes it's a seal here or there, simple shit. Other times is just clutch slip re-adjustment.
Another approach. Love the car, learn the car. Fix it yourself. Buy a lift, get a Picoscope, the shop manual and some tools, like I did. Bribe the Ferrari tech occasionally for tips / work on the side. Video all your work and keep for future reference. You could also change your name to Antonio Ferachi, or something like that and work on that Italian accent when it comes time to sell.
By the way, the guy you sell the car to will come to you when they need something fixed. Extra cash for you too. Now you see my logic? lol
Did you have independent shops or a dealership do all the work? A friend had a major done on his three pedal 360 and it was $4,700 without brakes. Car only had 24k miles.
+Preston Shepherd what was the labor rate?
...Bought it from a guy in PA....that wasn't Doug DeMuro's 360 was it? Doug's videos are good, he does a good job, but (and I'm not pickin, not trying to) he can be kind of negative in his reviews even when he is saying something good. Both you and he 'keep it real' and down to earth which I like. I just prefer your enthusiasm towards the 360, pus having the bills to refer to was a great motivator for me to now look seriously into getting a 360. I'm eyeing a spider F1. I live in Los Angeles so being in the water isn't a problem or concern, the shrinkage is....wait, hold on, stop...that came out wrong... Great vid, looking forward to one on the spider by itself if thats in the works. (I wrote to you on my other channel. This is the one I use the most)
Chrysler 300 headlights replacement cost was $3000 (dealer quote - I said screw it).... I'd rather exchange that for a major maintenance on a 360!
Those things replaced are not yearly items that just go bad every year.
2012 smart car 1.5 years and 10,000 miles of driving
2 oil changes - $100
Brakes - $100
2 new tires - $100
Saw this in my feed, wasn't sure if it was Doug DeMuro rehashing old material.
+asparceproton1 how much did it cost him per mile?
+superspeedersRob Oh sure Rob, I'd love to retrieve that information for you! Looks like $0.92 per mile. That's not calculating depreciation. Turns out, his car did actually depreciate in terms of buying and selling price. Here's his article: jalopnik.com/heres-what-it-cost-me-to-own-a-ferrari-for-a-year-1669923931
So you may have answered this in an earlier segment, but do you enjoy the car overall? Do you still maintain that it's good value for money? Thanks for the update.
A total of 52,000 miles on this car, figure in the original price which the original owner took the hit on when he sold it. This gut bought it and it may hold its value or not I doubt it older Ferrari's unless their a special model DON'T. He said when he bought it the service was just done and now in another 8000 miles another major service which included new brakes and rotors come on really. What about insurance and those costly tires. You don't need to justify the cost of ownership but don't make it sound reasonably because it's not.
not bad at all...I own a 1995 corvette and even though it isn't an exotic it has expensive maintenance costs for what it is....tires are 300 bucks a piece and replacing the old sound system 2500..it is my daily so it gets used much more..maybe its because its old...and the dealer doesn't carry the parts for it...so I have to buy them online or take it to a corvette shop..one screw for the targa top is 80 bucks and a little gear for the flip up lights is 60 bucks...im not rich like Rob and Im not complaining but seems a little pricy for what it is.
The Bill Burr impression is spot on.
Could have cut the parts cost in half if you got them from pep boys. Just remember to return the cores
Are these service prices at an independent shop or at the Ferrari dealer? Thank you for posting an update video!
+Steven Sutton independents.
+superspeedersRob Thank you! Looking at Srt10 viper or 360 in the next year or two. Surprised that maintenance wasn't more.
I'm surprised how kinda normal it is. Brakes are expensive but I can understand that. The other maintenance seems resonable. Wow.
+Akura Trigger $2500 for brakes doesn't seem crazy for pads and rotors to me.
superspeedersRob For what Ferrari uses, they use special formulated pads and rotors. Yeah I don't think so either, that's why I said I could understand that cost. The rest seems pretty normal. Outside of that though for any other car that's high; outside meaning non exotic. I don't even think a BMW would be that much for brakes but I don't own one yet. Is that normal?
My car cost me 150 bucks last year.. It drives to work it never breaks down , has no warning lights and its blue :)
+Gixxer983 and goes from 0-100(0-60)in a day, gg
+Mr Hippie The speed limit is 35 mph and the car does 0-60 in 10 sec , so 0 to 35 mph is 5.5 sec . Fast enough isnt it?
"Why have one, when you can have two for twice the price". Nice.
...Bought it from a guy in PA....that wasn't Doug DeMuro's 360 was it? Doug's videos are good, he does a good job, but (and I'm not pickin, not trying to) he can be kind of negative in his reviews even when he is saying something good. Both you and he 'keep it real' and down to earth which I like. I just prefer your enthusiasm towards the 360, pus having the bills to refer to was a great motivator for me to now look seriously into getting a 360. I'm eyeing a spider F1. I live in Los Angeles so being in the water isn't a problem or concern, the shrinkage is....wait, hold on, stop...that came out wrong... Great vid, looking forward to one on the spider by itself if thats in the works.
outside of the major maintenance that included full brakes and rotors the maintenance is actually on the lower end of appropriate. ive read of horror stories from people with jags having to pay a lot more than this ferrari. that $4k brake+maintenance though I would freak - that needs to happen only how many miles?
That cost for the major service is pretty good for a 360. I'm assuming the 360 is an engine in service, unlike the 355 which is an engine out service?
Clutch on this 360 great deal!
Wow! I need to start working on Ferrari cars. ;p Should had invested the money in fixing up the old 5 series you bought back.
that's extremely reasonable, I would've expected it to be close to 3x that cost.