| Author | Message | ||
| Rob Lay (Rob328gts)
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Yes, my mentioned BMW has 120k and I wouldn't dare get rid of it. All $4,000 spent this year was standard maintenance or upgrades for autocross. The Koni adjustable shocks P&L were $1,300 themselves. The flywheel and clutch cost about $1,200 P&L, but it had been over 60k miles since the last clutch and I run the heck out of them... 8+ autocrosses a year. | ||
| Mitchel DeFrancis (4re308)
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For example. I had 4 Maseratis prior to my Ferrari. I sold my 86 Maserati Quattroporte with 107,000 miles on it, and it ran SOOO good. My Jaguar V12 XJS has 105,000 on it, and it runs better than ever before. My 95 VW GTI VR6 has 116,000 of the hardest miles I ever put on a car, and it runs better than when it was new. Not only that, but 3 different VW mechanics told me my GTI was the fastest, best running VR6 GTI they had ever driven. I change the oil religously, and I drive them like I stole em. Ferraris are the same way. If you neglect them and don't drive em, they WILL not be a happy car. Drive the hell out of them!! | ||
| Rob Lay (Rob328gts)
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My 1993 BMW 325is has cost me $4,000 over the past 12 months, but mostly because I autocross it and want it running tight. Shocks, Clutch, Flywheel, Brakes, and major service. | ||
| Martin (Miami348ts)
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10,000 is really not that bad! Think of it that way: The service/maintenance iwll cost you$ 6,000 for the 10,000 Miles. Your car really does not deprechiate anymore. So you just had awesome fun in one of the most desired cars for only $0.60/Mile ! Try beating that. I put 8000 on my 348 and have the same experience. The car loves it and has no problems whatsoever. In fact I am getting rid of my BMW because the car has constant problems. As expensive as F-repairs. DAN, did you get my e-mail now? The workshop manuals! I have them sitting here. If not call me quick! There is a bug in the e-mail between us! 305-867-7676 | ||
| Frederick Thomas (Fred)
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Wow,10,000 miles in a year is a lot! | ||
| Danny R. West (Dan_West348ts)
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I have a '91 348 ts with 33,800 miles on it. I've owned it for 12 months and have put 10,000 miles on it. I purchased the car to drive. Every Ferrari technician I've spoken too have all said the same thing; "Drive the snot out of these cars. Don't let them sit in the garage." In the last year I have done just that and the 348 seems to drive better each time I take it out. I would prefer dealing on the '98 F355 even though I do not like yellow as a color on my sports car. That's my opinion. Dan | ||
| Martin (Miami348ts)
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My understanding is just that. Belts are being changed, the water pump is changed other maintenance components as well. I can only speak for my 348 and that is what they do. I do not see why it should be different on the 355. But then I may be wrong and that would not be the first time!  | ||
| Mark C. Gordon (Markg)
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I received my 308 GTSi a few weeks ago, 37k miles, full service in late 1999 with just over 1k miles put on it since service. When I received the car via enclosed transport, it would not start for about 15 minutes, ran rough and would die. I got up early next day figuring I would need 15+ minutes to get it going; it started right up, ran smoother, less tendancy to die but failed emissions by a small margin. By day 4, after running a tank of gas with Sweepco 503 throgh it and driving it for a day, it runs like a well oiled machine... Bottom line: DRIVE THEM!!! | ||
| Ben Lobenstein 90 TR (Benjet)
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Martin, What's in a 15k (or 45k service) on a 355 that would cost $4k? There are no vavles to adjust, change the belts that often? -Ben | ||
| Martin (Miami348ts)
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My 2cents: I said it before I'll say it again. The Ferrari needs to be driven. I rather negotiate the price down on the 98 yellow with high milage than on the 96. My idea is however not to get rid of any Ferrari I buy anymore. Just add to them. So to me it does not matter the milage. One thing you have to be aware of is that the 40K milage car will need the next major service in 5K Miles ($4000). Condition of the car says more than milage. The resale value on a high milage car is less though. Try to get them down to $ 90,000. Make them an offer. They may refuse. But if you made it and left your business card they may call you back in a week and sell it because everybody else is complaining about the miles. I always laugh if I see cars like 308's with 12,000 miles. Yeah, right! | ||
| BretM (Bretm)
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Along the lines of the rarely driven Ferrari. FNA recommend almost twice as rigorous of a maintenance schedule for these predominantly garage queens. It definitely takes its toll to let it just sit at home most of the time. For goodness sakes, they wouldn't have wheels and bearings and engines for that matter if they weren't meant to be driven. | ||
| Michael A. Niles (Man90tr)
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I bought my car knowing that I was going to drive and could never sell it for anything. Who would want a TR with 90,000 plus miles ( it has 23,000 now) Well, at least 23,000 that's documented. And after Sam's comment a couple months ago about new titles and such you have to search the hell out of histories to get the truth. So I will take approach of a friend of mine. Buy em and keep em. Who knows after 15 years I will have several Ferraris also. But I agree about the speedos -- I saw two cars at a shop getting their speedo/odometer fixed and the owners were driving around like that for months -- add another 1,000 miles we don't know about. My 2 cents is look at how you are going to use the car. If you are going to just occassionaly drive and keep it low mileage then go with the 96. If you are a driver and can document service history and the car runs great -- then buy the 96 again. That's 27,000 miles for you before get to the purchase odometer number of the 98. In the end buy the car that runs the best and gets the better report from the Pre-purchase inspection. | ||
| Bernard Rowe (Gtsturbo)
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Peter, I think that you are right. Ferraris often seem to have very low milage. The speedos are very easy to disconect. The 355 is perhaps the easiest one of all. Condition is much more important that a very low odo' reading. Then if you do buy the low milage car are you never going to drive it for fear of lowering the value due to extra use? | ||
| '75 308 GT4 (Peter)
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This maybe reading into things a little too far, but from what I can imagine what could happen, just like shaddy, sneaky used car lots rolling back odometers on cheap cars....could very well happen to one of these!?! (I understand with the rarity of Ferraris, histories will be documented, but on older cars like mine.... with broken speedos that could never have been fixed...like mine...) L | ||
| Robert R. (Multisync23)
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I agree that condition is the ultimate factor when determining the value of a car. But, the market seldom accounts for condition except for in cases of obvious neglect (which is not the case with these two cars). I'm just wondering how much of the high mileage stigma of the yellow car is offset by the fact that it's a '98. And also, how is resale affected by the fact that the black car does not have the 30k done (recommended on a 5 year-old car). | ||
| Daniel B Reese MD (Dbr328gtb)
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In this case I would probably take the '96. However, there is a myth about low mileage. From what I understand, a car driven regularly performs better and deteriorates mechanically much slower than a "garage queen". As someone on this site said so well, a Ferrari is just as reliable as other cars if driven regularly. Gerald Roush (FML) says condition not mileage should be most important. I dont consider my '88 (built 10/87) at 41.5k miles a high mileage car-- 3000miles per yr times 14 years= 42000 miles. In every respect the car looks nearly new (a big time committment to keep it that way). I admit a SIMILAR condition 10000 mile car is worth more. However I have seen many 10-20k mile 328s in much worse condition than mine selling for a lot more. I would value a higher mileage well maintained car more than a lower mileage car in not as nice condition. You may find the '98 355 has been better cared for and may actually be superior to the '96. What if the '96 owner had it as a status symbol and didnt care about the car and smoked in itand left it in the rain with the top down, etc? I've just seen a trashed 360 treated that way and I would not touch that car with a ten foot pole. In my humble opinion condition (including maintanance) is more important than mileage. Dan | ||
| Chris_N_Chicago (Chris_N_Chicago)
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I have around 40k on that baby....however she is in perfect working order. Forza said 'mint' spiders are worth about $80k - with low miles and no stories. My car has no stories and high miles I would love to find out what it is worth. On average the 'mint' Ferrari should have around 1000 - 2000 miles per year on it. ps - do you ever go by Joe Xmas? what's up with that? | ||
| Greg Rodgers (Joechristmas)
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Chris, how many miles do you have on your 348? What is it worth with the higher mileage? Just curious. Thanks. | ||
| BretM (Bretm)
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The 1998 if it were significantly cheaper, but at these prices the 1996 is much better of a choice. The 98 is just coming off of warranty so things can get expensive with the higher miles on a car like that. | ||
| Lawrence Michaels (Lxmichaels1)
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Ok Guys, This begs the question, what's the nominal, perfered range for a given model & year? I have a 91 348 with 34K miles on it. I have seen them as low as 20K/miles (always exceptions) and as high as 44K/miles. I think I'm somewhat average. So what is the mileage equation (or should it be?) Let's hear the opinions. | ||
| Chris_N_Chicago (Chris_N_Chicago)
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I agree, I have a very high mileage 348 Spider, but didn't have enough money for a mint 'early' 348 ( and trust me you must buy a mint one - or you will spend $$$ getting it up to par. ) I'll never be able to unload this beater of a Ferrari, but I love it none the less. I am trying to find a way to be buried in it when the time comes. Know any Ferrari friendly funeral homes? | ||
| stu cordova (Balataboy)
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I would agree with KH! As the owner of a dealership, when I appraise a car, nothing determines the value of the vehicle MORE than the mileage - all other things being equal/normal (no accidents, rebuild, etc). I would take a low mileage older car over a newer high mileage car anyday! There's a saying in my business (don't take it TOO literally) ..."you can't pay too much for a clean low mileage car". Good luck. | ||
| KH (H00kem)
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Robert, don't buy a high mileage Ferrari if you ever want to sell, trade or maintain it...especially for $110k...at 40k miles the car might be worth $75k-$80k...certainly NOT anything near $110k. Take the '96...the Tubi exhaust is a $5k option alone. Kevin | ||
| Tenney (Tenney)
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I'd take the '96. It seems mileage carries more weight with Ferraris than most other marques at resale time. And it is reflected to a lesser degree in the choice between these two cars. Because of this, the '96 seems a better deal if well-maintained, IMO. Maybe there's more room in the price, though? | ||
| Warren E. Smith (Magoo)
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Flip a coin. They both are equal on the scale. Really it boils down to year and mileage depending which car you choose. Tough call I wouldn't want to have to make that decision. | ||
| Robert R. (Multisync23)
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1998 F355 Spyder 6-speed. Yellow, 40,000 miles, 15k and 30k done. $110,000 (I think they would take $102,500). 1996 F355 Spyder 6-speed. Black, 13,000 miles, 15k done (30k not done), Tubi. $116,000 (I think they would take $113,000). |