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Looking to Buy a Ferrari, Need Advice

Discussion in 'Ferrari Discussion (not model specific)' started by sgtpeper, May 18, 2020 at 9:39 PM.

  1. EnzoItaly

    EnzoItaly Karting
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    Sep 29, 2016
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    Buy the one that sets your heart on fire! (the emotion is the biggest differentiator compared to your P... generally speaking the Ps are great, but the feeling delivered by an older (roughly at least 25 years old) F is priceless!))


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  2. sgtpeper

    sgtpeper Karting

    May 4, 2004
    106
    Isn't there a year where the valve guides were fine on the 355s?
     
  3. Husker

    Husker F1 Veteran
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    could be. These are 21-25 year old cars so I would assume most have long since been sorted.
     
  4. jag-oo-r

    jag-oo-r Karting

    May 27, 2015
    95
    I think this is good advice.
    The way I've said it is "buy the one that would make you jealous of your neighbor if it were in HIS driveway"
     
  5. ttforcefed

    ttforcefed F1 World Champ
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  6. Clyde Romero

    Clyde Romero Formula Junior

    Sep 6, 2019
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    Atlanta Georgia
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    Clarence Romero

    right now the barging 12 is the 575 you can get one for under $100K
    cars.com has several out there
    good hunting
     
  7. sgtpeper

    sgtpeper Karting

    May 4, 2004
    106
    I really want a clutch pedal... I'm just not a flappy paddle guy.
     
  8. Clyde Romero

    Clyde Romero Formula Junior

    Sep 6, 2019
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    Atlanta Georgia
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    Clarence Romero
    well I own a 512 TR 1993 have had it for over 100k miles
    and I also own a 575 auto 2003 with 41k on it I bought used last may with 26 k on it, I drive my cars not wax them
    you will never shift as fast as the auto using the paddles, which is the way I drive the car
    the 6 speed the 575 is and after thought from the 550 run
    Ferrari sold what they had left on the shelf and the buyers paid a premium for it
    tell me where you've seen that before?
    they only made around 2000 of these 575 in 4 years
    stay away from the 550 too many issues
     
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  9. Graz

    Graz Formula 3
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    It’s funny. When I owned a 550 I enjoyed my 360s more. The 360 really is a drivers car imo. You really feel connected to it. But once I sold the 550, just like most of my cars, I wanted it back of course. I think I miss the thought of having it in garage. Maybe it’s the mystique of having one of the last 12 cylinder gated Ferraris. Not sure. Anyway I’m looking for another one. ;) crazy.
     
  10. Graz

    Graz Formula 3
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    BTW, the 550 clutch is very heavy. Mine was the same and I had the clutch checked out because of it. No issues had plenty of life left, just naturally heavy.
     
  11. sgtpeper

    sgtpeper Karting

    May 4, 2004
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  12. Auraraptor

    Auraraptor F1 World Champ
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    Heavier than a 512TR? I wonder if it was a 90s Ferrari thing...
     
  13. intrepidcva11

    intrepidcva11 F1 Rookie
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    Yeh, I started with a TR also - but it was a TR3 Triumph!

    Noted the 550 was listed first and several,comments in its favor. I am completely in accord. First, you want, you need, a Ferrari V-12. The Maranellos are the most beautiful road Ferraris ever built - walk around one and regard it from all viewpoints, there is not a single viewpoint from which every line is less than flawless. They are comfortable to enter, to leave and to drive, whether to the supermarket, aday drive in the Adirondack mountains or a three day drive to the in-laws. And prices right now are in a trough. Go for it.
     
  14. Natkingcolebasket69

    Rossa Subscribed

    The only drawback on the 550 is the sound... even in bad boys the movie they didn’t use the sound of the 550. Tubi or capristo a must.


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  15. Auraraptor

    Auraraptor F1 World Champ
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    Sep 25, 2002
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    550 exhaust note can be fixed with proper headers....
     
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  16. lencap

    lencap Formula Junior

    Nov 20, 2003
    276
    Raleigh, NC
    I have a different opinion, but I think you should ask yourself why are you looking to move out of the Porsche? You say it's setup very well and you enjoy it. I owned a 911 Coupe years ago, manual transmission, and enjoyed it. I later sold it and after a few years I got the Ferrari bug and bought a 2001 360 Spider manual transmission. After a year or so of ownership I realized that the dream of owning a Ferrari is different from the reality. There were little niggling things that needed attention, chewing away a few hundred dollars or so for each of them. Then the catalytic converters started to act up, and I quickly found that replacing them is a major expense. That's why lots of owners take them out or have modified exhaust setups. The car also needs belts on a regular basis and runs a few thousand dollars. Parts are more expensive now than a few years ago and harder to get. The spider top is nice, but if anything goes wrong it's a big expense. Ask me how I know. The car also takes a while to properly warm up before enjoying it. That's fine, but if you want to take a quick spin allot some extra time to make sure everything is at operating temperature.

    I live in moderate size city filled with traffic cams. Getting on a road that's fun to drive is great, but there aren't that many that you can find where police officers rarely ignore you even if you're driving at the speed limit. Compared to my 911 Coupe the Ferrari is a Ferrari with all the mystique that implies. The pride of ownership is wonderful, but the experience was less so. The Porsche was also a fun car, far less challenging to drive without being the center of attention, and in some ways more challenging to master, especially on a track.

    Having said that, I've driven all the cars on your list, several at Virginia International Raceway, and they are all fun in their own way. The 12 cylinder cars are more GT focused, the 8 cylinder versions are the sports cars. If you have the Ferrari bug there's no major financial risk in scratching it. Just be prepared for some unexpected repairs (these cars are 20 years old or so), and more attention than you may find you want.

    Finally, a PPI is important. I agreed to buy a 2001 550 a few years ago, and it failed my PPI with several potentially expensive issues. Same story on a 1990 TR. I decided after that experience to buy from a Ferrari dealership or well known Independent dealership. I paid a bit more, but the car was pretty well sorted when I bought it. Even then, I had several thousand dollars of maintenance in less than two years of ownership, and faced potentially more (cats/clutch) when I sold it with less than 15K miles on the odometer.
     
  17. sgtpeper

    sgtpeper Karting

    May 4, 2004
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  18. Graz

    Graz Formula 3
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    I think so too.
     
  19. intrepidcva11

    intrepidcva11 F1 Rookie
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    Sgt, my fellow Board members at the American Sailing Association would say of the F355: 'a very nice daysailer'. I owned a wonderful F355 berlinetta whose first owner was Peter Kalikow, a well-known Ferrari collector. At the time I also had a 575M Maranello, a 412, a Maserati Spyder and a Cadillac STS-V. If I had had to reduce the garage, the F355 would have been the first to go as the car with the least all-round utility for a Ferrari driver; and in fact it was the first to go. I still have the 575M and 412.
     
  20. LightGuy

    LightGuy Three Time F1 World Champ
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    If you want the feel of a eace car get the midengined v8s.
    360 manual best choice as its done depreciating and easir cam belt change over 355.
    If you want high speed cruiser the 550.
    I drove the 550 and didnt like it.
    Not my style.
    It may be yours.
    Drive one.


    Never drove a California but they seem a good value for a "new" Ferrari.
     

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