F430 cost of ownership? | FerrariChat

F430 cost of ownership?

Discussion in '360/430' started by figo, Oct 16, 2006.

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  1. figo

    figo Rookie

    Oct 16, 2006
    9
    I was very close to getting a Porsche, but decided I'd stop by the Ferrari dealer at least once before I did.

    Fast forward past all the youtube F430 videos there is and having spent countless hours getting in and out of used F430's.

    Today I have almost forgotten about the Porsche. F430 Spider F1 has surfaced as the main objective. But there is one thing. I have not been able to figure out the cost of ownership. I know: "If you are thinking about cost, Ferrari is not a car for you". Well... I'm just the type who wants to know. Regardless if its about mothly cable TV payments or Ferrari maintenance.

    In order words I'd be grateful if someone could tell me what I should budget for maintenance.

    I am looking to get a new one. So I'd like to have an ide about the maintenance spending plan for 1-2 years ahead. Considering I'll probably drive 7000 miles a year.
     
  2. 3omar

    3omar Formula Junior
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    Dec 16, 2003
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    Omar
    Good luck with that!
     
  3. SrfCity

    SrfCity F1 World Champ

    An F-car's cost of ownership under full warranty is negligible. And if "negligible"(basically fluids) is too much to handle then you're whistling dixie. ;)
     
  4. Tarek K.

    Tarek K. F1 World Champ
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    Sep 7, 2006
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    Tarek K.
    Look Figo, you don't talk about running expenses if you want to drive a Ferrari. If you can afford one, you definitely should be able to afford her expenses. And I guess any other exotic will be similar during it's warranty period, whether it's a Porsche, Lambo, Benz, BMW,..etc.
     
  5. RBK

    RBK F1 Rookie

    Jul 27, 2006
    3,105
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    Bob
    "Her" expenses? During the warranty period, there is virtually no cost - not something I have experience with the fairer sex. --- couldn't resist.

    Best
     
  6. carcommander

    carcommander Formula 3

    Sep 28, 2006
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    Jim
    If you want expensive try a big boat or an ex wife. Ferraris are cheap entertainment by comparison.

    I am budgeting 10,000 grand a year for my 360. It would be a lot less for a car in warranty. However if you factor in the over list money you will pay and probably loose in a couple of years mine looks cheap.If you put 15000 miles on it in two years you and probably throw in another 20,000. Ferraris are not cheap to own just orgasmic to drive.
     
  7. $$$=SPEED

    $$$=SPEED F1 Veteran

    Aug 18, 2004
    5,330
    Portland, Or. USA
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    Depends who's asking


    If you buy a new 430 it will be under full warranty. You will not need to do anything but change the oil the first year and maybe brake fluid the second and oil change. Budget would be say....$400 a year. Obviously you could burn up your clutch if not driving her well at around 10k-20k miles and your brake pads. Clutch approx $3k- Brakes ( depends CS or not ) pads $600 per side approx or $1,200 per side


    IMO
    Mike
     
  8. figo

    figo Rookie

    Oct 16, 2006
    9
    Mike: Spot on. Thanks.

    A few notes:

    I am based in Europe. Seems there is shortage in the US, but my dealer said he'll have my car delivered September 2007 at the latest on an order placed this month.

    On the topic: I went to the Lambo LP640 release party earlier this month. The Lambo dealer said they've had US agents wanting to buy two years of Lambos entire production (They make 1,600 cars/year). Ferruccios boys said no. Although frustrating for some I guess its good that they keep a strong second hand market.

    Being a supercar n00b I compare the whole deal to my daycruiser. I ha dno problem buying it, but maintenance is very high indeed. My mindset was that the F430 might well be $15.000 a year. Don't know where I got that idea from - well: obviously the boat story again - but I realize warranty will take care of most of that. Obviously been too long since I had a car under warranty...

    I just did not want the boat plus the F430 to be too stiff. That's all.
     
  9. brokenarrow

    brokenarrow F1 Rookie

    Sep 25, 2006
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    I like the way you think.

     
  10. Scotty

    Scotty F1 World Champ
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    Oct 31, 2003
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    Scotty Ferrari
    It depends on the milage, as well as time. And no offense Big Mike, but it it can be a lot more than fluids. The 5000 mile service on my 360 was a little more than 2 grand. See here for more info:

    http://www.ferrarichat.com/forum/showthread.php?t=123144

    I agree with your quoted costs for other things. There is also the argument that the 5K 360 service needs to be done at 1 year (my car, and my service book, is gone so I can't confirm that this is an absolute requirement). As they say, failure to follow the recommended service interval could effect your warranty.

    So, if you drive the car say, 5K miles per year, have an F1 tranny, drive it hard, you need a 5K and 15K service, brakes x1, clutch x1, oil changes x4, brake and coolant changes x2, or so on. I'm not sure how the expense changes on the 430 (for example, the 360 inspection requires the belts and tensioners to be visually inspected, which costs almost as much as changing them, less parts, or course)--but for a 360 it could be about 2,000 + 4000 + 400 + 3000 + 1000 + 600 (very rough numbers) or 11K, for a total of about 2.5 K per year. If you drive lots less, theses numbers decrease accordingly.
     
  11. hardtop

    hardtop F1 World Champ

    Jan 31, 2002
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    I paid about 370. for the first (5K/annual) service on my 430. Oil change, brake fluid change and inspections. Next scheduled service is 15K or 2 years. Should cost about the same. I anticipate new tires at about 9K miles (currently I have 6500). Haven't priced them yet. I get about 16 MPG average. Pretty cheap compared to the lost income on the money I have tied up in it.

    Dave
     
  12. Gary(SF)

    Gary(SF) F1 Rookie

    Oct 13, 2003
    3,637
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    Gary B.
    That's amazingly inexpensive by Ferrari standards, in my experience. I'm going in today for the sevice (FoSF) and was quoted $1400.

    Gary
     
  13. hardtop

    hardtop F1 World Champ

    Jan 31, 2002
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    How much an hour do they charge? Seems silly for what little is involved. Are they doing things not in the shedule?

    Dave
     
  14. FJerry

    FJerry Formula Junior

    Dec 1, 2004
    933
    United States
    Wow Dave- 16MPG?! That is really fantastic- I get 12.3 (every tenth counts!) with my E60 M5 which is a daily driver and sees suburb, rural, city and highway driving so I am sometimes doing ~6MPG and sometimes doing ~20MPG. I suppose the lower weight and better aerodynamics could get you to 16 average. Compare to the "supercars" of just 10 years ago and its really something- more power and better mileage and probably emissions too.

    Figo,
    My own research leads me to the same info posted here and therefore I am not too concerned with the ownership costs of the F430. I am just waiting for my turn in line to acquire one of these lovely vehicles.

    best regards,
    Jerry
     
  15. Gary(SF)

    Gary(SF) F1 Rookie

    Oct 13, 2003
    3,637
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    Gary B.
    I've got the invoice in front of me. I think they get about $160/hr, no extra work was involved. I can't imagine how you get it done so reasonably when the oil and filter alone was $190, plus $140 for the A/C filter. They showed labor of $995, so that's about 6 hours. How does your dealer do it so inexpensively?

    Gary
     
  16. hardtop

    hardtop F1 World Champ

    Jan 31, 2002
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    Dave
    Parts included oil, filter, brake fluid, couple of seals: cost 132.55
    2 hours labor 220. materials and tax make it 370. Labor included inspecting and torquing items per service schedule. I don't think the AC filter is called for.

    Dave
     

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