The truth about Ferrari ownership - the good, the bad and the ugly
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- Опубликовано: 7 фев 2025
- I fulfilled a dream 4 years ago by buying a Ferrari. In this episode I ask if it was worth it and would I do it again?
I give my opinion on the brutal honest truth of Ferrari ownership and hopefully balance the good with the bad and the ugly parts of the ownership.
I hope you enjoy it and it helps you if you are looking for a Ferrari 360.
I bought one as a bucket list item, kept it for about six month but the more I read about the cost for parts and maintenance the more scared I got and I ended up selling it. The good thing is that I made 5K on the sale. The bad thing is that I loved that car.
This is a really good assessment. I bought my first Ferrari, also a 360 Spider, just over 18 months ago. It was a childhood dream achievement realized and it was surreal. The honeymoon phase lasted all of a few days before the issues started popping up. Fast forward to today... they're still overwhelming. Yes, every drive is special, yes, it's a very cool experience, but the car really tries its hardest to drive you crazy and it never fails to do so. I think every prospective buyer, whether you're 18 or 80, should watch videos like this and do their homework. You need disposable income, befriend your mechanic/shop and have an extraordinary amount of patience to own one of these. Is it worth it? To each their own.
Childhood dream of mine as well. I have always lived below my means, invested heavily, and have only bought 3 cars in my life, all 3 years old used and drove them for ~15 years until the repair bill was more than the value of the car. I have driven a friend’s Ferrari and my mind was literally blown by the experience. The only way I can describe it is that it felt like my brain was wired into the car with how it did everything I asked it to do instantaneously, with no time delay at all. Last year at 54, after talking with my wife, I decided that I had “earned” it because our retirement is secure, and I can even pay cash for a new one in the 400k range without touching our retirement accounts. I must have built and looked at that car 100 times on the Ferrari custom build website. Ultimately I just couldn’t do it. My analytical brain just couldn’t justify spending that much money on a depreciating asset, no matter how bad I wanted it. After 9 months, the desire even went away. I think it’s because knowing I actually could buy it sort of allowed me to check it off the bucket list in a weird way. There are a few places nearby that rent Ferraris for the weekend, week, or month. I can see myself doing that at some point for sure, and that’s how I plan on experiencing the emotions of these magnificent cars.
@@jaquevius Congratulations on getting to the point in your life where you had that decision to make. There is something to be said for owning it, seeing it in the garage, being able to take it out when you want, etc. I'm glad I did it, I'll probably do it again, and I wouldn't steer anyone away from the ownership experience, but it's not something one should do without proper research.
@ than you. I must have misunderstood you when you said the honeymoon was over after a few days. Yes, I can imagine having it in the garage and just admiring it must be awesome. It seems most people put very few miles on them during their ownership, so I think many enjoy looking at it as much as driving them. They are beautiful, like a work of art.
I feel I may be heading the same way as you, life long petrol head and a Lamborghini or Ferrari would be a dream but I can’t even bring myself to buy a new ‘normal’ car now with the prices they are asking for things. I earn well and could afford to, but they don’t seem worth it when compared with things like a bigger house or spending that money paying off the mortgage.
So even if it becomes possible I’m not sure I’d be able to pull the trigger either 🙈
@@stu4181 Everything financially is a gamble of sorts. If you do your homework, more times than not, you can own classic/exotic cars and not lose money. It's like moving money from a savings to a vehicle.
As a past Ferrari owner (4 cars) I mostly agree with all your points except for 'gremlins' . My cars were 70's and 80's models and were very reliable and could be worked on (DIY), this may not be possible with the newer highly digitalized non-manual cars and the need for dealer assistance because of the electronic complexities. The newer cars are like driving desktop computers on wheels and have become stratospherically priced with no soul unfortunately!
I agree, I always wanted a 308 which was my poster car. The move to electronics started changing the cars and the earlier electronic cars now have some issues 20 years on. I have had an issue with my ECU and it becomes difficult to fix.
What are you talking about? No soul? 70’s & 80’s Ferrari ownership is comparable to an M3 of the era.
Italians make great clothes and great food.. not reliable cars
This is true for all cars nowadays! I prefer buying old cars with a lot less gremlins!😂
I live in Vancouver Canada. I’ve owned several different Ferrari’s over the last 25 years. I’ve not had any nightmarish problems with any of them. Right now I own an 08 F430 spider in Rosso Corsa Red, tan interior, black roll bars, carbon fibre interior package with F1 transmission. I absolutely love it and can’t imagine not having it in my life. I get off on even just washing and waxing the thing, let alone driving it. My F1 shifts beautifully, and I believe and have heard that it was improved around my year as I did drive an earlier model and noticed a definite difference. That’s a tip for anyone looking for one; try to get a late 07 and beyond as it’s well worth it. I know people say “you have to get a manual” but personally, I’m sick of all that shifting. It’s starting to bug my knee,all that pushing in and letting out, over and over. In Canada, there is none of the bad reactions to the car, it’s only positive. People freak out over the car. It’s awesome and fun to get those reactions from a car. Anyways, to sum up, for me it’s been just an excellent experience and glad I did it.
Maybe in Vancouver but drive it in Toronto and you'll definitely get the bad reactions.
Dirty laundered lucre.
Is it just me, or does anyone else see some parallels between owning a Ferrari and being married?
Your wife will not go up and value 🤣🤣
Definitely one coincides with the other. Always remember the angle of the dangle is directly proportionate to the heat of the meat.
@@RyanWehr Either will 90% of Ferraris.
@@davem6685 What are you saying?
Ok thats a good one, you made me laugh..Thanks..
Great advice. Can I suggest get an Alfa 4C. Better performance. Much cheaper maintenance. Increasing values. And Carbon + Aluminium structure.
I would like a 458 or 488 though. Well just being honest.
I bought a California in 2011-12. All tricked out with carbon fiber. $400K. Only drove it 800 miles. Brought it in for service every year. After five years the battery was leaking acid on my garage floor. I had the car towed to service. They said the engine had to be removed to replace the battery. $20,000 repair job. Soild it. Just bought a GTB296. I guess I didn't learn my lesson.
I swear they put these parts like the battery in on purpose where you need to spend enormous sums to replace them. Like the early Audi R8's, air conditioning compressor needs an engine removal to replace, etc. How hard could it be to just move the battery to the trunk instead like my Jaguar F Type rather than another harder to reach area?
Nice 😅
I had a girl that I treated like a queen. She left me to go back to her physically abusive former boyfriend who beat her. Your story reminded me of it.
LOL "Sir, we need to replace your battery, a service which literally takes 5-10 minutes in every car, but you have a Ferrari, so we'll need to take the car apart to access it..."
They said the engine had to be removed to replace the battery and you believed them?
Thanks for posting this video and for your honest point of view 1st of all!
I haven't bought a Ferrari yet, my biggest purchase was a 2013 Rolls-Royce Phantom (bought in 2015 with only 1408 kilometers), sold it in 2021 and basically the same points you express happened to me (including that my own brother criticized me very badly for my happiness and it is unforgivable). I currently have a G63-AMG, I bought it new just a year back(waited 16 months) and it is totally different (obviously) but I am happy and it would be strange to change it for a Ferrari, but I have been tempted by a 458 recently.
Merry Christmas 🎄… regards!
Having owned 4 Ferries only 1 Red and 3 Blue. Blue ones get admired and accepted the Red one upset some people. As a rule cars that stand and do low miles cost more to run. Seals go, electronics get issues, rust can be a problem on things like exhausts and pipe work, tyres go off or crack and batteries fail unless the cars are plugged into the correct type of charger. Lots of good folk out there to help look after them and boy are they fun to own and drive. So if you can get one do and use it.
4 Ferries? What's that?
Great.
First of all, good call with the blue F-cars. Secondly, which cars have you owned?
You're absolutely right about mileage - it's a catch-22, but if the plan is to drive them, you want a car that has logged at least 1k miles/year or roughly the same you plan to drive it.
I could see that happening with a red Ferrari… red color makes it look wild and rich , blue is more settled, and makes car look more average , and people like average , because that’s what most of us are , nothing special, just average
I'm 67. I am a retired poor simple technician. Retired and also a petrol head. My first car was a 1930 Chev and owned just under 50 cars since. Ferrari posters always adorned my walls. Some 20 years ago, when the kids finished school, I spoilt myself and the boys with cheap fun sports cars. First A Z3 and then a Boxster. Words can not describe the amount of fun and pure joy that me and the three kids had. Drove the BM till 400k kilometers before selling it back to the original owner, a lawyer. Basically as all kids left the house, I had to scale down on cars. (I retained all cars in immaculate condition despite enjoying a lot of track time through the club meets). Despite basic maintenance, the BM just needed a cylinder head renewal (at 345000kms). The Boxster now at 250 000 kilos, my decades old daily driver, is still driving/racing like a swiss watch. I managed through RUclips to do all maintenance myself. It is just always perfect in all its ways. Climb in and enjoy. Everyday some where always flat out and still immaculate. My extended Ferrari (and all other sport cars) collection are all 1/18 die cast. I bought my Boxster from a CEO that got divorced. He used to own three Ferraris after investing in Porsche. My budget, thank heaven would never ever allow for a real Ferrari anyway. PS. My wife is much more expensive that any Ferrari, only downside is her steep depreciation curves. Love from Africa de Sud
Fingers crossed that your wife does not see this comment....take it from experience
Randburg here! South Africa is a great place to own a classic because minimal rust. I very briefly owned a Dino 2 that I bought in 1982 in Jules Street for R2000! Replaced clutch, starter and alternator and sold it again for R4000 (!) as I needed the money. Unfortunately (!) I was in a very dedicated relationship at the time and couldn't test the Vacuum Cleaner Effect.
Let me buy you a drink Sir...
My Leier.
Nice work on this. I would agree that classics like your E-Type are forever keepers. I have owned two classic Ferraris and I would offer that the reactions of others were positive, perhaps because there is an implied enthusiasm and less perceived flaunting of wealth.
Just found this channel. Looking forward to watching more !! My personal rides, E39 M5, 9th gen Civic Si. Used to own a Porsche 968 and will probably buy another. Have been thinking for quite a while about a 360 so this vid was really helpful. Was thinking at one point to look at a 612 Scaglietti, but after I sat in one I realized it wouldn't quite stack up as a car for longer trips.
Anyhow, thanks and enjoy !!
Thanks very much, they are great cars and great value at the moment, I did a video on why I think they are Ferraris biggest bargain at the moment. Enjoy the search.
So true for all classic Ferraris. Maintenance costs are incredible high. Bad judgements are more to newer Ferraris. But the feeling of this brand in your garage is not comparable. Never had it with my 911 or AMGs. 👍
The classics wit manual gearshift and Weber carbs are the ones I love , the modern stuff doesn't move me a bit .
I am an old-fashioned man - I prefer new cars, new money, and young women.
Thank you for your honesty. Jealousy is always going to be a factor with super cars, because it indicates the person wants attention. I’d also say it’s the location you’re in. A Ferrari in the UK would be very different to owning one in Italy, or other parts of Europe, where there’s more appreciation for its heritage. Brits are a bit more reserved and prefer understated wealth.
I guarantee if you drove an Aston Martin or Rolls you’d have a different response from people.
I own a Ferrari 812. I had a beer bottle thrown at her on the highway last year. Smashed windscreen and dented roof. Thankfully Ferrari dealer fixed it to perfection. My baby only goes out these days on very special occasions and owner days. I am in Australia. She is my forever car. I’ll never sell her.
Probably your aggressive driving.
@@kurjan1 This story really hurt me. What are people thinking? Keep driving, and keep enjoying!
And Joe, he sounds like a reasonable person, who probably drives reasonably. A little bit excessive mate, if I can say that.
(BTW, 4C owner: 1 paint stripper attack and 1 badge(s) removal attempt. But it could be worse, and that's in nearly 10 years of ownership)
Some people are ignorant, judgemental arseholes. I had someone throw a meat pie at a press car I was driving once (back in my Car Australia days). It was a Mazda 323 Turbo convertible. Go figure…
Her?
Baby?
She?
What is wrong with you?
@@wealthypepe Why so negative Pepe?
I appreciate the great and candid review! I was thinking of buying one at some point, but the high maintenance cost is what ultimately will keep me away. My boss bought a beautiful 458 and said his annual service bill was $25k, for driving it twice a month! After 9 months he sold it and said he'll never buy another. I know of 2 other people around me that had expensive issues with their Ferrari's. Can't stomach dropping $400k for an unreliable car. I rather rent it twice a year than the headache of ownership.
Good to hear that you enjoy driving it instead of having it standing around doing nothing. I once saw a Tomaso Pantera parked. I instantly loved it. The outside and inside showed it must have been in use as an everyday car. Which made me love it even more.
Great video, a few years ago a good friend bought a 2013 California T, at the same time I bought a Porsche 911. The reliability and unequaled build quality were my main reasons, his was the panache and prestige. While I did love the way his looked and sounded I didn't envy his experience of failing electrical switches and the outrageous cost of OEM parts and service.
Thank you , Great Video !!....Years ago ,I started a Picture Car Co....to provide cars for filming and on-camera use , it allowed me to drive Lambo(s), Ferrari(s) , Roll(s) ,etc....I was fortunate to enjoy the Driving joy and experience , without the Cost of ownership. I appreciate your Honest and Objective Review of your Ferrari Experience.....Godspeed..
Thanks very much
So true about the reactions. When people ask me what's it like to drive Ferraris and Lamborghinis, I always say the most interesting reactions is how it brings out the best and worst in people.....especially the Lamborghinis.
To be fair - quite a few Lambo owners are quite d*cks, especially in my neck of the woods (Sydney, Australia)
Hi, as I'm just about to buy my first lambo what's the worst you've had in reactions? I own a 21 year old porsche 997 c2s and generally people either want to race me or just let me cruise past
That is the main reason I don't consider owning a Lamboughini. I only take the Ferrari out when it is quiet. If there are others on the road, I know the experience will not be as enjoyable. There will be that guy in a van who cuts the corner to clip mirrors, or the truck that wants to tail gate. Strange, I receive most respect and nods from motorbike drivers on their nice-day run. They know when a man is out to enjoy himself and his machine. This has made me want a motorbike.
Bikes are where its at mate. @Spenny909
Ferrari owners generally look well heeled .. people don’t like seeing wealth in the uk.
100% Agreed
Don’t wash it,they’ll think you stole
it
@@lv4077 Lol... Priceless :D
only left wing anarchists, workshy and bitter little woke eco greenies are jealous of wealth.
There is a massive difference between bragging and not .the uk is full of jealous people
This review encouraged my to pursue Ferrari ownership. If I were to purchase (or invest in) a Ferrari work of art I want to drive and enjoy the entire experience. Balls to bones. I've been of the mindset that: "I'd rather drive the Ferrari than to own the Ferrari'. This video honestly answers the questions of doing both in a encouraging way.
'Use it and enjoy it' couldn't agree more 👍😊 - I will never understand those mileage 'fetishists'. The worst you can do to these cars is to keep them standing in your garage. They are meant to be driven and I love to do that with my F430 Spider whenever possible.
Not putting KMs on your car to maintain value is like not shagging your bird so she’s in good nick for the next guy…..
That was a genuinely good review. Reminds me of the original Top Gear.
Thanks for the insight, you make me feel better about not being able to afford a Ferrari 😂
But for those who take a dislike to you for driving one, well that’s there problem. You’ve earned it, enjoy it 👍
Thanks very much
Very honest assessment. I had a Ferrari 360 berlinetta for a while (manual). It had a lot of power but was never very interesting to drive, it felt big and cumbersome and stopped feeling special quite quickly. I went from that to a 911s (997), by comparison that was amazing to drive. I always thought it would have been the other way round.
Thanks, I love always your honesty. I’ll never own a Ferrari for all the bass you listed. I’ve seen jealous looks before it’s not nice.
Thanks for watching, yes I must admit it’s the part of ownership I really don’t like.
Eventually i would love to get a 430 but the more I hear this kind of feedback i feel content with my Lotus Elise. I feel like I get all the perks of exotic car ownership with none of the negativity. Plus, i feel like i would regret selling my Lotus... we have been through so many adventures. If your on the fence about a Ferrari, i would highly suggest a Lotus if you haven't experienced one.
Great video. As a former Ferrari driver, owning Ferrari is a pain in the ass. A beautiful pain.
If you’re ok with it, proceed.
I'm 59 and always wanted a 308, 355 and 360 but I was a bit more into Porsche's. Owned a few 928's since the 90's. I'm also an old school manual trans with a shifter guy and I completely lost interest in Ferrari when the dropped the iconic gated manual. Even as a Porsche guy I preferred the more GT 928 and wasn't really into the 911 until around 2009. Still own a manual 928 and bought a 1982 911 SC last rear replacing my 996. Like Jay Leno says, Ferrari owners brag about how low miles they have while Porsche owners brag about how much.
Howzit. I agree that the 'slow down' light is annoying. The override switch is behind the carpet in the right footwell corner - voet-innie-hoek boet 😊
You need to buy a boat…
B.O.A.T Breeak out another thousand…
And it’s invariably taken as 10% of the purchase price for maintenance and berthing. I think your Ferrari is excellent value 👍🏻👍🏻👍🏻👍🏻
had boats , suggest , get the ferry its cheaper
Very nice video that portrays exactly what Ferrari ownership means to those whom have owned one or are thinking of owning one. I just recently parted with my beloved Ferrari 458 Italia. She was a 2010 that I purchased used in 2020 with 24,851 miles on the car. I sold her this past November after over four years of ownership for just under what I paid for her. I enjoyed every second of the 21,510 miles I spent in that tan seat driving my Rosso Corsa lady. Every time I drove her, I received admiring glances, engaging conversations at the gas (petrol) pump, and shared stories at local cars and coffee events. The 458 was fast, handled magnificently, and OH that Sound of the 4.5 Liter flat plan crank 8 cylinder motor ! As this gentlemen mentioned in this video, every time I drove her some warning light flashed (often meant nothing) which took some of the enjoyment out of the driving experience. Not only that, but over that 4 1/2 years, I spent well over $18,000 (14,000 pounds) in maintenance. I recently sold the car and purchased a brand new 2025 Corvette E-Ray which is modern, quicker, and has a nicer interior. However, I don't have that same feeling of "specialness" or connection to the road as I had with the Ferrari. I could have purchased the Corvette Z06 which was modeled after the 458, but I wanted more of an every day vehicle at this stage in my life. So bottom line ? Do I regret owning the 458 ? No way ! I do regret selling her, but I ended up parting with her due to the niggling electrical issues, and the yearly maintenance costs. I was constantly on the edge of uneasy worry every time I drove her; wondering if some major repair was just around the corner. Bottom line... I would do it all over again. And some time in the future, I may just make another Ferrari purchase. We shall see. Thanks again for a very informative video.
Ferrari owners, don't want to shoot themselves on the foot.
You say you would do it all over again but the fact is - you didn't. That says it all. I wouldn't do it all over again - although I did it five times in a row - but then I'm a slow learner...:)
Trouble is with the Vette's they are incredibly cheap to buy everyone and their dog has one it seems. I don't even notice them anymore. Sort of like the new Mustangs, Chargers, etc. Don't get me wrong, the new C8's are nice cars, but don't have that specialness to them like a Ferrari has.
@@geoffletkemann653 Totally agree with you, even though I now own a Corvette. I didn't buy the C8 when it first came out in 2020. Instead, in July of 2020 I purchased the 458 because of the rarity of the car and to be honest "The Brand". And of course the impeccable look, feel, and cache of the car. I do regret a bit that I gave up the 458, but I am happy with the E-Ray. There is something to be said about having peace of mind in driving a brand new car that you don't have to worry about it breaking every time you go out. Even if it does break down, I can have it fixed at one of many dealerships at a cost that won't break the bank. The Vette isn't as special and doesn't carry the same uniqueness of the 458, but I am very happy with it and I do love the aggressive appearance of the car. I would have kept both cars, but the wife wouldn't have been happy if I did ; > ) Happy Wife, Happy Life !
@@claudparsons158 true, having not to worry about maintenance for several years, especially on a Ferrari is worth a lot. I picked up my new 2024 GMC Canyon Denali this summer and if something goes wrong it's covered. I also have an older car with several hundred KM on it (my daily driver and gas miser) and it's to the point that if it breaks I don't care, just get another, it doesn't owe me anything now. Maintenance is a huge factor, something a lot of people can overlook in their excitement about getting a new vehicle.
Thank you for sharing your collection and knowledge!
After owning a Porsche, I will never own a different sports car. Plus you can still get them with a manual transmission. They are quick, they handle well, and are not as expensive to maintain as a Ferrari or Lambo.
Kudos to you for actually driving it on the regular. That shows you really love the car for what it was built for. Sorry to hear you get so many negative reactions in the UK. I don't think that would be as common in the States. Especially since you look like a regular guy, a proper petrol head, and this isn't a La Ferrari. It's just a beautiful, classy car.
Great video ! Thank you for sharing your experience
'So was it all worth it?'
Well, yes.. and no.
Thanks for putting us straight on that one.
I had two Ferrari V-12s back in the 70s and I’m glad for the experience but I wouldn’t and couldn’t buy one now. Between the purchase prices and maintenance I could do a LOT of other things with that investment today.
There’s an old saying about boat ownership: the two best days in the life of a boat owner. The day you buy it and the day you sell it.
And that I think perfectly sums up the Ferrari experience . . .
Ferraris are a money pit. Save your money for a real retirement.
...and a real car.
They obviously have the income to afford one in the 1st place I wouldn't worry to much about their retirement. 1 lug nut is worth more than my car.
Don’t worry about the random on and off ‘go slow’ light. I’ve got a 22 year old FIAT and the engine warning light has been coming on and off for about 10 years. The car still starts and works fine. I just ignore it. And it always goes away. 😂
Nice video..really strengthened my vision to own one. Your video is a form of fair comment and people with financial abilities who is able to buy an older model can now be well prepared😁🤩
There’s no worse brand of car to own than Ferrari on many levels. Leno is correct.
Give me one any day. I could only imagine the maintenance costs but would love anything built by Ferrari.
This is why i have a porsche
LOL. Me, too.
Me too. Had a Ferrari 296, but got rid of it after 7 months. Buggy and flawed.
@ How disappointing. I’ve long admired Porsche’s reliability-at least with their flat 6 sports cars.
Had both Ferrari and Porsche 911s. No advantage to one over the other
It is humiliating when you show up to an event and leave with a tow truck.
Ferrari+Traffic Jam = 🔥. Unfortunately the traffic jam was the funeral procession I was in 😢
I considered a Ferrari. Instead, I went with something more reliable: Lamborghini Huracan. It's pictured left. 3 years of problem free ownership. I get the history, the performance, the sound, and the experience without the Ferrari nonesense....much better. BTW, the judgement thing is a British thing. People in Canada and the U.S. love the car, let me in, waive, take pictures, and love to chat about the car. Nothing but positivity. It says a lot about a culture when the people within it can't appreciate something like a Lambo/Ferrari without casting judgement on the owner, which is simply a reflection of the own insecurity and feelings of inadequacy.....I'll stay on this side of the pond thanx.
interesting! I was wondering if it is the same in the US. glad to read it is not.
You'll be judged regardless of where you come from or what country you're in. What a stupid thing to say 😂
Australia is the same as the uk - people doing well “must be wankers”
Never mind jalous people. No political or religous believe ever will stop people not being jalous. Jalousy is the prime motive to be succesful. Enjoy your ferrari!
The worst sort of old car is the one that hasn’t been driven in years. You get dry rot on all the seals. The moment you start driving it hard, everything will leak and all at once.
$1500 for an oil change when I shopped them. Bought a Porsche 997 911T instead. Oil change was $150 and you don’t have to remove part of the Porsche body to do so.
A well balanced review, thanks.👍
that slow down issue usually the catalytic sensors. Each is $500 US but in the Australia you can buy paralel market for $200. Its plug an play and you good to go.
Since 2010 I have owned 8 brand new Ferraris. The first, a California, within 18 months I put over 32,000 miles on it. In total two Californias, a Cali T, a Portofino, two FFs, and now have a GTC4Lusso and a 812GTS. All are/were daily drivers! The Calis, the FFs, and the Lusso are driven in the winter here in NW Ohio with SottoZero snow/ice tires. Currently the Lusso has 40k+ miles and the 812GTS over 14k miles. With well over 250,000 miles since 2010, daily driving the cars, I have had very few problems. The first Cali had a wiring issue in the driver door, which many had. It also had a current sensor in the trunk lid for the top mechanism fail. The 812GTS had an oil leak on the top of the intake. And the Portofino had the left computer display quit. But, again, this is all with well over 250,000 miles of daily driving. That seems very reliable to me. I am not a car collector, but a car owner that loves to drive the cars and am fortunate enough to be able to trade them in every few years. Great video too!
You must live in the UK where people are judgmental. In the USA, people don't have the same envious attitude. They appreciate you driving something interesting and will give you the thumbs-up.
Same as in the Netherlands.. you’ll get spit on faster than getting a thumbs up..
@@bethankful4something Wow. Terrible. Those people are miserable.
it's the same everywhere and probably worse in the US. I've heard stories of actual vandalism to peoples' exotic cars in the US out of envy
@@fgcpeak9591 No, it's not the same everywhere. ALL kinds of cars get vandalized. I'm speaking in GENERAL terms. The attitude toward the wealthy is DIFFERENT in the UK from that in the USA.
@@joevarga5982 It's because wages are so low in the UK compared to the US... The idea that someone can afford a Ferrari when the average and even well above average monthly wage is halved or more than halved by the cost of rent ALONE (excluding bills) in London for example, means most will be straight up SEETHING and BAFFLED at someone driving around in something that costs just as much or more than a whole house that would take them a lifetime or more to pay off IF they are lucky enough to even afford a downpayment on the mortgage. Most will even struggle to consistently hold a job down long enough to pay off close to half their mortgage these days.
It's not too hard to see why people here would be so angry to see someone driving any sort of "nice" car let alone a Ferrari. It's unfathomable that anyone should be able to afford one, and of course most will assume you obtained the funds through nefarious means and or cheating someone or cheating the system that crushes them, in a significant capacity.
Indecision cost me my first Ferrari. Just last week. Saw the car (a 599 GTB). Went home and did some digging through the internet during the weekend. Returned on Monday. The car was sold on Saturday. So ... back on the hunt. But at 73 years old, time is getting short. Meanwhile, still enjoying my Ducati Monster, BMW R-1250RS and Moto Guzzi V100S. Safety first, don't you know!
It drives exactly the same as a Matra Simca Bagheera. I owned one as a young man and recognized the Matra when driving a Ferrari the first time, like 15 years later.
Your automobile sir top down is one of the sexiest Ferraris. Congratulations
I believe, and I'm speaking for myself is that I believe one of the reasons a lot of premium cars have low mileage is because, again "lots" of those who own them will not drive, and park them just anywhere, and, and, walk away, and leave them unattended. Another thing that contributes to low mileage is owning a lot of them, I consider 6 of the 7 vehicles I own to be premium vehicles. Lastly, is the most obvious explanation, which is simply not driving much, I'll add a last one, Summer time is motorcycle riding time..
The coolest Ferrari I've seen is the one where it was an engine in a GT 86.
Don't forget the insurance. My coworker purchased a Ferrari and kept it for 9 months before having to sell it. The monthly insurance was like having another house payment.
Thanks this helps me appreciate my Porsche Boxster more by wanting a Ferrari less because my Porsche is exciting, reliable and costs much much less in maintenance.
I’ve owned a 360 for 5 years and no issues. Sure the slow down light but I’ve been told it’s the aftermarket exhaust system that triggers it. I just drive it and don’t care. It’s gained $20k in value, feel like I’ve won in life everytime I go into my garage
Great vid, thanks for creating
Thanks very much
This One for the pre Modern era, actually was rated as a very reliable possible everyday GT cruiser from Ferrari, not that many electronics yet, like today, and these make people great retirement toys.
Having owned an Antique Red Convertible Sport Car,
(from 1985 to 2004) parking and leaving the Car was always my big concern.....it draws attention.
People will sometimes wait near your Car, to ask questions, like
" What year is it?"
" How much did you buy it for?"
" Is it for Sale?"
Parking at the far end of the Lot can draw attention.
Sitting at a Stop Light, People roll their windows down.
"What year is that?"
" I like your Car"
One more downside of driving a luxury vehicle. I was looking after a friends Bentley Continental GT for a few weeks. Never in my life have I been approached by so many gold diggers. I’m a short middle aged guy - not the type of guy who attracts the attention random women on the street. But when I parked the Bentley in a populated area, I was bewildered with the number of female passerby’s who wanted to strike up a conversation with me.
Same here. When i bought my M4 1½ yrs ago, i got over 140 female friend request on Fb lol.
Hmmm, maybe it's different with a Bentley, usually with my F Type the only attention I got was from other men who wanted to talk about the car, or young boys who wanted me to rev it.
The good: it's fast and you have alot of money
The bad: you're going to need a lot of money to keep it running
The ugly: Ferrari thinks its cars are special and they aren't anymore. Anyone with money can by a car that's just as fast and just as amazing looking.
well the best i can do is to own a toy car of one of these machines . yes i agree use it and enjoy it . thanks for posting
I’m in the market for a Ferrari now. I’ve always wanted the 360 and could get one easily enough, but do wonder if a 355 would carry less of a service and gremlin obligation? Is the 355 less hassle, or are they about the same?
I think the 355 has a slightly higher maintenance cost because you have to take the engine out to change the cambelt very 3 years, whereas the 360 you can do it with the engine in place. This was a consideration I had when I bought my 360, good luck with your search.
355 is like a fiberglass go kart, 360 feels more like a modern car
The 355 has an amazing engine, but much more costly than the 360 to maintain. I'd go with the F430 though instead of the 360.
I'm 42, I own and daily drive a very rare manual V6 F-Type 2018 in Caldera Red. It's got the noise, the looks and performance of a true sports car. Although I've only seen it draw positive attention, I personally could not care less if it was the opposite as it's not a symbol of status in my case, I own and drive it for the fun first and foremost. I had a TT before the F-type and it's a car that's unloved in Britain. The jokes never bothered me either as it was just fun to drive. Car owners that worry about other people's opinions might be posers and not a petrolhead at heart.
Not the first video like this I've seen. If you want to drive a Ferrari make sure you get two, so you can drive one when the other one is in the workshop. This sort of warning doesn't get out much because the incredibly pretentious Ferrari management blacklists people who talk about it.
Thanks for an honest assessment.
Had a "87 Testarossa that was great fun to drive. Maintenance besides belts OK. But in the US, the low speed limits and "enthu$iastic cop$" means it is like owning a Renoir but not being able to see it beyond a hazy image. I finally (after9 years) gave up, sold the car and went back to road racing formula cars.
I drove a 360 spyder F1 for a weekend and l can only confirm the experience most of you guys have. Top down in a tunnel and the heaven opens. But in the next moment the red light for oil came up. Panic! But before i sh.. my pants the light went off. The cover was another drama: you have to pick the right moment to open it, what as average took 3.5 attempts. Many beautiful things, but l decided to stay with my somehow boring classic Porsches with its stoic calm even when driven really hard.
Having owned all the lessor Italian brands. Fiat, Lancia, and Alfa, letting an Italian car sit and not use it, is the worst thing you can do. They get very tempermental when forced to sit unused. Best to drive them out at least once a week and get them good and hot to keep the oil flowing. Not down to the shops, but a good country drive is what these cars crave.
There is a large wealth disparity in the UK. I saw a guy in an F8, made me think that he wasn't a real petrol head and he wanted a massive ego boost. Unlikey he will drive it on track or even have the chance to stretch its legs in the road. But that could be sour grapes, as i love the look (not sound) of those.
I have a 981S, you could say its still too powerful for day to day, i think the occasional rev to 7500 makes it special enough.
even in my group of friends i feel like a show off when its just for me to enjoy in my own.
There is. It's actually astronomical. Using London as an example, think about it: Most people don't even take home £3500 a month. In fact VERY FEW people do. And more than half of this will go on rent and bills. It's already cold most of the time, practically everyone is feeling the crunch, there are insane waiting lists for FLATS, let alone houses, and everything is expensive. On top of that there is not a snowball's chance in hell of most owning any type of house - even a studio apartment. So to see someone driving something like a BMW - let alone a Ferrari that's worth a house - is such an alienating thing to the vast majority of people - unfathomable actually, it's not even funny. This is where a lot of the seething anger comes from because the first thing people will think is "how the HELL did HE afford that? Probably got the money through some nefarious means" etc. Even if you're in Mayfair or Chelsea, these cars are still relatively rare to see.
When I had a Jaguar F-Type, I was absolutely hated on and despised 99% of the time. Even WOMEN I would date would lose interest in me once they saw the car I had - because they simply could not identify with me or relate to me anymore just because I drove an expensive car. It was VERY depressing to lose women who I would have done anything to be with, just because they created all sorts of narratives about me in their heads after they saw the car I drove.
@fgcpeak9591 as a previous F Type owner, don't tell them how cheap used ones actually are now. They depreciate so much. Lost $26k when I sold mine. I see pickup trucks by the hundreds daily worth more than that car was. Although everyone seemed to think it was like a Ferrari though. No real negative reactions to it. I'm in Canada and got tired of it sitting in winter storage. Sports cars here are so impractical.
@@geoffletkemann653 I found the 981S to be practical enough to take the wife away for a weekend. Plenty of storage, although I won't push the car too hard with her in it.
When you do get the change to rake it for a run, it's more special. The uk winter isn't as extreme as in canada, but there ais a month its too icy and wet.
How about an alfa stelvio quad
I don't have the right to talk but the worst part of owning an exotic is all the guys who want to race you from the lights. I had a RX-7 and I got so sick of it that I swapped cars with my wife. She thought the racer guys were just flirting with her.
So far I only had positive reactions for driving my F. Maybe because it's a vintage car. Otherwise I quite agree with you, especially for the milage issue.
Great informative video👍, I’m looking for a Ferrari.
Thanks very much, good luck with the search
I really enjoyed your video, thank you for posting it because I think it nicely sums up Ferrari ownership to anyone thinking about buying one. I’ve owned my F355 GTS for a similar amount of time as you (just coming up to 4 years) and here are my thoughts as they relate to yours;
Regarding the good aspects, couldn’t agree more. It was the racing heritage that snared me but it’s how the car stirs every one of my senses and makes one feel special during every drive that keeps me enamoured with this car.
Regarding the bad aspects;
1: temperamental - I must be lucky because my F355 has run like a Swiss watch but I think a lot has to do with your points 2 & 3
2: maintenance - Your annual maintenance bill of £4K is substantial so wonder if those figures are a combination of servicing as well as repairs/renovation? I only ask as my annual costs are around £2k. Years 1 & 2 are interim services (£700) and year 3 is a biggie with a cambelt change (£4,000). If you are UK based and can get to Huddersfield I’d highly recommend Italia Autosport as a superb independent specialist.
3: Low mileage- as owners of several Italian cars I’m sure you’ll agree regular maintenance and running the cars is essential. My car is off the road from November to April but I start her up move her out of the garage and run her for 20mins every 2 weeks. In the summer then every week I’m out and about.
On a separate topic you mentioned your E Type was a keeper. I’ve always hankered after one and prices now (at least here in the UK) are very attractive. What would be your advice on scouting out a good one?
Once again, great video!
Thanks very much, it’s always good to hear similar experiences. I use William Heynes (UK) for some of my etype work, he is extremely knowledgeable and is a great source for Etypes
If you own a high performance classic car or motorcycle and want to keep them running well and reduce maintenance costs there is only one important rule - drive/ride them regularly, utilising the performance available. These beautiful machines always respond well to regular and spirited use and will repay you many times over- the engines improve and truly sing in response.
I believe Ferraris come with 7 years of free annual maintenance’s for every one that’s purchased new. Ferrari wants to keep their cars on the road, and for the buyers to sell BACK to Ferrari in a few years , so that way they can make money yet again on the same car. Likely, the same reason you can’t just walk into a dealer and buy ANY Ferrari. You have to buy their “less desirable” model first, and work your way up.
Thank you for your honesty
Well said. I felt the same way.
So sensible. Only confirms everything I suspected about Ferrari ownership. I suggest you sell your 360 at some point (you said it is NOT a forever car) and buy a Lexus LC instead. If you don't know what it is, look into it. It is a future classics.
Drive one yes own one not a chance. I actually really like the Ferrari 328 from the 80's even though it was far from the most powerful or fastest. If I ever hit the Powerball I'd probably buy a used one.
Thank you for the informative video 🤝
Nice video, very informative. 👍
For sports car entheusiasts, cars are meant for driving and enjoying the experience. Minor maintences like oil changes, brake pad replacements, changing windshield wipers are what goes with the terroritory! But when failures, however small or major, give concerns to the owner, that would be a major deal breaker! Life is too short to have this level of anxiety of what may break next and how much time it would take having the car out of service and that's not even taking into account of the money involved (assuming money isn't even an issue)!
This is like having a supermodel level girlfriend who biches at you 90% of the time and is nice to you 10% of the time! It's nit worth it! Having a girlfriend, or a Ferrari, to impress strangers is a good way to shorten your life for zero positive gains and that is pretty crazy!!!
I have had a 360 for 8 years and I have been lucky in not spending anything like that much post getting it up and running post buying. If you drive it and service it then you should be OK, my engine light has come on once in 8 years so you may have been unlucky
I have been on a number of track days in the Porsche and if a Ferrari turns up the driver gets overexcited and often doesn’t complete one lap. I did 30,000 miles in my GT3RS and cost very little over 5 years. The Ferrari owners I know don’t drive them at all - too worried about values. I don’t see the point of owning a car if you don’t drive it, unless your enjoyment comes from impressing your friends and making them jealous.
It's not Ferrari drivers that I dislike, it's Audi drivers, they drive like the road belongs to them and them alone.
There's no rational cost-benefit analysis that will tell you that buying a Ferrari is a sensible thing. But, 8 years into my Ferrari owner experience, I'd not change it for anything. I'm in Texas, have only experienced one negative reaction, which is outweighed by many, many positive interactions.
I am a watch enthusiast and collector… i have never been interested in cars until recently (plus I need to learn how to drive first). Quick question: which car model would You recommend me getting that has more goods than the bads as you mentioned in your video? Thank you.
All top sports cars are expensive to maintain. Everyone, it doesn't matter the manufacturer. If you have any objections, either take it to an authorized service center to fix the defects or simply sell it.
I wanted to buy one too, but gave up. I needed a car like that when I was younger, I think I would look ridiculous in it now and sports cars are not for old people. My opinion, you don't have to agree.
Put some duct tape over the Slow Down light then you can drive it stress free 🚘
I own a Porsche, but frequently Ferraris in LA, in Oct I had a F8. For those on the fence about the money, please, forget the money!! There is no point in being the richest man in the graveyard. Spend your money while you can!!
...or you could help poor ones
Thank you for this feedback. With the 458 and after, reliability has increased a lot. They cost more but require less maintenance.
Ridiculous cost of regular maintenance like oil changes!!
Plus the insurance costs are crazy!! Just be sure if you wreck it it isn't your fault!!
They aren’t my cup of tea, however, appreciate the car would give you a lot of enjoyment. Cars are individual for individual tastes. The higher the spec and performance the higher the costs. Very simple formula. Every car needs maintenance, without it, it’s just a garage filler and that is sad.
People should STOP caring for other people's judgement, (even going out for a drink in my bicycle around the city once, instead of my car, I was judged) just enjoy what you like, as you don't harm or disturb those around you....