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I Bought a Cheap $19,000 Ferrari Bargain or TOTAL Nightmare !!

Discussion in 'Ferrari Discussion (not model specific)' started by spiderscott, Jul 29, 2019.

  1. ross

    ross Three Time F1 World Champ
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    btw, not to scare you too much, but i bought a great 2001 car with 1k miles on it in 2006.
    i used it as my daily driver for nearly 9 years and 35k km.
    i put at least $30k of repairs into it over that period, and still sold it at a loss.

    these are very interesting and subtle cars, but they made so few of them, and there are some one-off parts, that you do end up having to deal with a lot of bs.
    your entry is low enough that it may not bother you, but i reckon you will spend 20-30k before you have confidence to take it on an extended road trip
     
  2. ttforcefed

    ttforcefed F1 World Champ
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    do you remember if there were one or two out sized bills and what were they?
     
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  3. paulchua

    paulchua Cat Herder
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    30K in 9 years is not that bad in my book.
    Would I assume 12K is from 2 major services?

    5K from yearly fluids, consumables over nine years.

    I venture to guess bad valve guides? I believe that's at least a 10K job.
     
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  4. BOKE

    BOKE Beaks' Gun Rabbi
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    I think you need to check out Scott's YouTube channel.

     
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  5. ttforcefed

    ttforcefed F1 World Champ
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    yeh that seems sensible. only way to win is to buy a 91 jetta or 98 m3...those things never break down!
     
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  6. J30022

    J30022 Rookie

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    Can’t speak for the 91 Jettas but the e36 M3s have several problem areas.
     
  7. BOKE

    BOKE Beaks' Gun Rabbi
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    I think you missed the humor, new guy.:rolleyes::)
     
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  8. J30022

    J30022 Rookie

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    Guess I’m a little slow.
     
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  9. BOKE

    BOKE Beaks' Gun Rabbi
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    Did you read the thread from the top or did you reply to the last post???
     
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  10. 635CSI

    635CSI Formula 3
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  11. ross

    ross Three Time F1 World Champ
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    i am not counting regular services or oil changes.

    i am talking about shocks, radiator, alternator, fuel pump, water pump, window adjustment, ecu's, and loads of little stuff.
     
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  12. paulchua

    paulchua Cat Herder
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    I see, understood. Thanks for the context.
     
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  13. BOKE

    BOKE Beaks' Gun Rabbi
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    The selling at a loss issue seems to be a common experience in 456M ownership.;)
     
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  14. ttforcefed

    ttforcefed F1 World Champ
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    Haha see better to leave it in the garage as art. I have 4k miles on mine. I drive it a few miles once a year or 2 and its been fine lol. Oh outside of the drivers side light which doesn’t pop up when i asked it to


    Sent from my iPhone using FerrariChat.com mobile app
     
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  15. J30022

    J30022 Rookie

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    I actually started at the top, if I missed something about the M3 earlier, my bad.
     
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  16. Qksilver

    Qksilver F1 Rookie
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    I agree that alternate wheels options are close to non-existent for the 456. Considering this particular car is a bit of a project, consider commissioning a set through https://www.augmentwheels.com/.

    I've been following them and they've done a nice job re-imagining period-correct classics through a modern lens. I would love to see how they could reinvent the 456 5-spokes.
     
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  17. 360+Volt=Prius

    360+Volt=Prius Formula 3

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    You got a cool mother!


    Sent from my iPhone using FerrariChat
     
  18. RonH

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    Agreed, very cool mother!
     
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  19. RonH

    RonH Formula Junior
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    Interesting. Your Novitec wheels seem to be the same as the wheels on the 456 Cab that I was drooling over. :)

    Image Unavailable, Please Login
     
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  20. ross

    ross Three Time F1 World Champ
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    yea mom is a good sport and likes cool cars.
    after the fire i convinced her not to buy yet another mercedes sl600.
    i almost gave her the 430 but she wanted seats for the grandkids, so we got her the 456mgta
     
  21. Jdubbya

    Jdubbya Two Time F1 World Champ
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    I think ya darn near stole it. But then again $19k plus shipping plus whatever you've put in it so far plus whatever you pay in taxes plus plus plus....it adds up. But since you are not a purist and don't insist on Genyouwine Ferrari parts and you do work yourself, you will get away a lot cheaper than if someone bought it and sent it to the local shop to be brought up to snuff. I might have thought about grabbing it at $19k. Am I safe to assume you are hinting that you bought it from BHCC?
     
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  22. daytona355

    daytona355 F1 World Champ
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    The more I look at the 456, the more I would like one... the photo earlier next to the FF really shows how much of an evolution of the 456 and it’s predecessors the car is, more so than looking at a 612 (which I owned for a number of years and loved). The novitechs are indeed a great wheel choice for the car
     
  23. 635CSI

    635CSI Formula 3
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    #48 635CSI, Aug 1, 2019
    Last edited: Aug 1, 2019
    They are really elegant cars , Ross has more experience than me but I was told to go for the latest car you can find as build quality improved through the model life and as Luca got a grip.

    Stickyness and a reluctant pop up light were my only issues.

    That said I love up pop lights, real 20th century exotic car cool.
     
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  24. daytona355

    daytona355 F1 World Champ
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    Oh, absolutely, and I know Ross has more experience with his cars than I’ll ever be lucky enough to learn! I don’t think I’ll be about long enough to grab one, and they are like rocking horse poo in the UK, good ones at least, so I suspect it will end up an unrequited dream
     
  25. 635CSI

    635CSI Formula 3
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    Ok, well at least there will always be the dreams that were requited, Cindy, Cinnamon, Krystal and all the other Vegas Dolls !
    I mean, pop up lights are sexy, but not THAT sexy ;)
     
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