High Mileage | FerrariChat

High Mileage

Discussion in '456/550/575' started by Bart, Oct 30, 2006.

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  1. Bart

    Bart Formula 3

    Nov 1, 2003
    1,522
    Orange County, Calif
    Full Name:
    Bart
    I know a guy who has over 130,000 miles on his 456. Me, I have only 64,000 miles on my sweet thing.

    What is your mileage on the V-12 your drive?

    :)

    12 cylinders are fun
     
    F456M likes this.
  2. hakan

    hakan Karting

    Aug 30, 2006
    119
    Istanbul
    Full Name:
    Hakan Aytac
    I have a 1997 456GT. 4500 miles on it.
    Bought it 2.5 months ago. Believe me the milage will not stay there :)
     
  3. oss117

    oss117 F1 Rookie

    Jan 26, 2006
    4,185
    Plantation, Florida
    Full Name:
    Alfredo
    I have 9,200 on my '95 GT.
    I only had it for a couple of months though and I was traveling for a while.
    Saluti,
     
  4. vandevanterSH

    vandevanterSH F1 Rookie
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    Jan 27, 2005
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    Stephen Van Devanter
    54,000 on an '02 575.

    Steve
     
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  5. Jsuit

    Jsuit Formula 3

    Jul 12, 2005
    1,178
    East Coast
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    John
    Nice steve...
     
  6. donv

    donv Two Time F1 World Champ
    Owner Rossa Subscribed

    Jan 5, 2002
    25,843
    Portland, Oregon
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    Don
    29,000 on my 95 456GT.
     
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  7. BB456MGT

    BB456MGT Karting

    Aug 22, 2005
    86
    Boston, MA
    Full Name:
    Konstantinos
    ...and loving every single one of those I have been responsible for!
     
  8. 575joe

    575joe Formula Junior

    Aug 27, 2006
    324
    I just bought a 2004 575M with low mileage. Have been concerned about putting on lots of miles because of service/reliability and depreciation on resale.
    What if anything have you encounterd in the 54,000 miles? If it is an F1, how many clutches so far?

    How difficult is it to sell a "higher mileage" late model Ferrari? (I know I did not want anything with more than a few thousand miles on mine when I was looking).
     
  9. Qksilver

    Qksilver F1 Rookie
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    Feb 11, 2005
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    Not difficult, just be prepared to sell it for what the market will buy it for.
     
  10. Bullfighter

    Bullfighter Two Time F1 World Champ
    Lifetime Rossa Owner

    Jan 26, 2005
    22,578
    Gates Mills, Ohio
    Full Name:
    Jon
    You answered your own question. ;)

    Ferrari-induced pleasure is extreme and expensive. And so it goes.
     
  11. vandevanterSH

    vandevanterSH F1 Rookie
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    Jan 27, 2005
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    Stephen Van Devanter
    575joe..My car is now worth ~100 bucks in the US Ferrari market. It's a decision you have to make..before I bought the car, I made the decision that I was going to enjoy the car and not worry about rain, door dings, or the number of miles.

    My 575 was 2.5 years old and 2800 miles when I bought it. The low miles worried me. At 10k it ate a left cam-drive roller bearing and at 15k the half-shafts needed to be replaced. (I have and will continue to have an extended warranty) There have been a few items in the gas-vapor re-circ. system that have been replaced. And most recently there was a problem with check engine light and rough idle, which turned out to be loose intake manifold bolts and a displaced intake gasket over #3 cylinder. As part of the evaluation, the valve covers were removed and the techs couldn't believe how clean the valves and cams looked. Leak down and compression checks were perfect.

    I have a stick shift and original clutch which is still in excellent condition. If I were given the choice of driving across country (which I have done several times) with a low miles '02 or my car, I would take the car that has been sorted out and maintained. I have had two cam belt changes in less than a year.

    IMHO, enjoy the car and drive it. Steve
     
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  12. 575joe

    575joe Formula Junior

    Aug 27, 2006
    324
    Thanks
    Appreciate the input. I guess you can't have this much fun and expect it to be reliable like a Toyota!
    Did you mean to say that your car is now worthless in the US market, or that you could still get $100,000 for it?
    Can one keep buying the Ferrari warranty a year at a time?
    Joe
     
  13. vandevanterSH

    vandevanterSH F1 Rookie
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    Jan 27, 2005
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    Stephen Van Devanter
    575joe..I have no idea what the car is worth..but I have no intention of selling it. The car has been reliable and the problems that I
    listed never stranded me. My Porsche 996tt has stranded me three times and my Boxster S blew an engine.

    I think people are nuts not to have a warranty on these cars. Ferrari ownership is expensive without any major problems and to me the $4.5k/year for a warranty is peace of mind against a $30-50k major drive-train or engine problem. BTW the F-car extended warranty is unlimited miles.

    The extended warranty program is confusing. There are 10 options listed for "The Power Service Contract". Basically it is 2 years full warranty, years 3-6 10 combinations of coverage and years 7-12 power-train coverage. So far FNA has not tried to screw me and potentially with the gasket problem they might have denied coverage.

    Steve
     
  14. f40car

    f40car Karting

    Jul 25, 2006
    63
    NJ
    Full Name:
    ZZ
    so can you please make a list about the cost of ownship for those fun 64K miles?
     
  15. 575M-Nero

    575M-Nero Formula Junior

    Feb 25, 2006
    524
    Many Ferrari dealers in North America don't honor the warranties if you did not happen to purchase the car from them. Not purchasing an extended warranty was the smartest thing I ever did with this car.

    Cgrats on having a loyal service dealer. They are rare in Florida.
     
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  16. vandevanterSH

    vandevanterSH F1 Rookie
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    Jan 27, 2005
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    575M-Nero..It's not been a problem. I have had service done at Boardwalk, Ferrrari of Washington, Wynn, Ferrari of Silicon Valley. The only problem is that unlike Porsche, there is no central Ferrari service record kept on the car.

    Steve
     
  17. Ferrari55whoa

    Ferrari55whoa F1 Rookie
    Owner Rossa Subscribed

    Dec 21, 2005
    3,296
    Los Gatos, CA
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    Eric
    I LOVE high mileage stories for any vehicle.....even better for Maranello's

    Resurrecting an old thread.....I was thinking about all the miles @niftyfivefifty has been enjoying and it might be fun to have one thread to keep a roster on big or monster mile Maranello's

    A few other related threads:
    +) https://www.ferrarichat.com/forum/threads/any-higher-mileage-575s-out-there.222409/#post-138204921
    +) https://www.ferrarichat.com/forum/threads/looking-at-a-high-mileage-550.427472/

    @p1turbo I think has a '04 with at least 85k?

    @Montgomery Kersten Might be the overall winner in a few categories (and a SF Bay area guy as well).....he has been a value added commenter on BaT and I think he has owned his 550 since NEW and I think his mileage is over 140k AND he also owns multiple F-cars

    +) 115509 is a 1999 Grigio Titanio over carbone I saw a month or so in the SF Bay Area that had over 60k. I can't remember if it was 63k or 68k but it looked great.

    +) 115139 is a 1999 TdF over navy blue previously owned by an F-chatter and sold on BaT 10/30/20 with 66,872 miles (Doug owned it for maybe 11 or 12 years) and I think his $/Mile was $1.94 and somewhere he noted it would have been much higher without all the help here from the forum.

    +) 117666 is a Rosso Corsa over beige also previously owned by an F-Chatter that was meticulously maintained by Ferrari Atlanta with 37,669 miles I only include this one here because the BaT auction was educational from all the maintenance invested on. Bryan spent more on Maintenance over his hold period than he bought the car for at the beginning of his also long term hold (I think he also owned it for 11 years and spent $7.64/mile on a gross basis and on a "normalized basis" his investment was $6.28/mile during his 11,222 mile hold).

    +) 129726 was that Nero/Nero 2002 with "historical deer damage" that sold on Ebay with 46k miles (carbon and race seats)

    If we have any other big mileage kings out there I'm always interested in hearing, learning, etc.
     
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  18. Qksilver

    Qksilver F1 Rookie
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    Feb 11, 2005
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    Joe
  19. vandevanterSH

    vandevanterSH F1 Rookie
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    Stephen Van Devanter
  20. vandevanterSH

    vandevanterSH F1 Rookie
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  21. Ferrari55whoa

    Ferrari55whoa F1 Rookie
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    Dec 21, 2005
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    #21 Ferrari55whoa, Mar 14, 2021
    Last edited: Mar 14, 2021
    AWESOME
    Plus I bet that Valentine One has saved you from needing to have a few roadside discussions ;-)

    Stephen it might say in the threads but I’m feeling lazy to do the search....can you share if you bought your 575 new or if not what year and mileage (approx)?
     
  22. vandevanterSH

    vandevanterSH F1 Rookie
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    Jan 27, 2005
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    Stephen Van Devanter
    2002 purchased in 2004 with 2500 miles on odometer.
     
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  23. Ferrari55whoa

    Ferrari55whoa F1 Rookie
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    Dec 21, 2005
    3,296
    Los Gatos, CA
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    Eric
    You are basically the first owner. That’s fantastic!
     
  24. NE550

    NE550 Formula Junior

    Mar 23, 2017
    458
    Omaha, NE
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    Dave
    #24 NE550, Mar 14, 2021
    Last edited: Mar 14, 2021
    Woah, this is an old thread newly revived!

    I would love to put max miles on my 550, which is currently just over 26k. But I own it jointly with a partner, so have to respect that dynamic. We're putting about 1k/year on it since our 2017 purchase. I try to drive it maybe every two weeks or so during our local "driving season," which runs from about mid-March through early Nov. This usually means taking it to a cars & coffee, or just a random 30 minute to 1 hour local drive, or a few times per year maybe a longer 1/2 day/100 mile route through some good rural twisty roads near where I live.

    Have 5 other cars, though, so need to divide available drive time between the different iron -- they all need to be driven, after all -- and there's only so much time available, unfortunately. Out of my modest collection, the 550 is my favorite and most special without question.
     
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  25. Montgomery Kersten

    Oct 30, 2020
    5
    Full Name:
    J M Kersten
    Gents, a fellow member suggested I post my high mileage Maranello experience: I bought it new here in Silicon Valley in 1999 . . . I have 140,000 miles on her and still am on the second clutch. I am on my 14th set of P-Zero tires. I have (sadly) crashed her twice, and found her remarkably resilient (bumper and undercarriage damage all repaired). I find the room in the cabin and trunk, and package tray, with spacious doors and the classic GT with V-12 up front, the ideal design still for Ferrari's flagship roadcars, which have always (to Enzo's mind) been what Ferrari is all about. I also have the original set of luggage offered, that fits perfectly in the capacious trunk and I use the smaller bags to travel internationally on planes (not during Pademic).

    I am rebuilding her now, as my sons will not learn a V-12 manual (other than my Diablo), since the future is F-1 trans, if not all electric!

    Happy Motoring!

    -- Montgomery in California

    (who also drives a 599, and 812, and my sweetie drives a Red from new California Ferrari with ADORE CA as the plate -- many times she has driven our three sons to school in it with the top down).
     
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