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  #1  
Old 02-11-2011, 10:35 AM
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Best "Starter" (read cheapest) Ferrari to buy/own?

A dentist friend of mine asked me the 'cheapest' Fcar to buy. His practice is doing well but the wife is 4 mos pregnant with their first, so he is not dropping 458 money any time soon.

My immediate response was the old line that the most expensive Ferrari to own was a cheap one. Then I told him the purchase price was only one aspect... After talking to him for a while, I realized it was a very a good question. (and one probably discussed but I could not find with a few searches)

Considering TCO (depreciation, maintenance etc) what's the cheapest $$$/year or $$$/mile Fcar to own?

AND (and here's where the real opinions come in) Is the that car the best first Ferrari?

I obviously have my thoughts, but tell me yours.

(He'll probably be reading this thread at some point)
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  #2  
Old 02-11-2011, 10:40 AM
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I'm sure we've all had this discussion before. Lots of variables but, from personal experience the worst first car to own is one that has carbs, is hard to get parts for, and doesn't have a mechanic within 500 miles that can tune it.

Price of entry may be lower, but price of ownership sure isn't, and the driving experience can be tempered by constant fixes and repairs. Also, most guys are not looking for that "old car" experience.

so, from a new car experience standpoint, I'd say a medium miles, well maintained 360 (coupe or spider) is a good jump off.
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Old 02-11-2011, 12:11 PM
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As my first is a 360... I'd concur. However I was also considering a 348, a mondial and even a 308.
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Old 02-11-2011, 12:24 PM
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Well if depreciation or appreciation is a consideration then the cheapest car is a Daytona- Cause they are going up big time over the next decade.

I would think a carbed 308 or a glass 308 could be bought cheap, run cheap, and would appreciate steadily...

If you're just considering running costs probably a 430 (chain no belt) or a 575/612...
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Old 02-11-2011, 12:37 PM
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Under $30k: 308 GT4 or 308 GTSi
Under $50k: 328 GTS or 308 GTS carb
Under $75k: high mileage 360 Modena
Under $100k: 550 or nice 360
Under $150k: 430
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Old 02-11-2011, 01:01 PM
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I personally believe the best bang for the buck has to be a 360 coupe. There are cheaper cars out there but it offers the best creature comfort combined with the best performance for the price.

Honestly, the 360 is a bargin for what you get.
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Old 02-11-2011, 01:22 PM
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Since he has a child on the way, I vote 456. Depreciation is slowing down, fairly recent car, and has rear seats.
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Old 02-11-2011, 01:47 PM
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Since he has a child on the way, I vote 456. Depreciation is slowing down, fairly recent car, and has rear seats.
Very true, they can't get too much cheaper. Plus it has a V12 and is more subtle, seems the best car for his situation IMO
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Old 02-11-2011, 01:54 PM
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There really isn't a cheap to own Ferrari. Take this from a Ferrari tech. The only advice I have is find a well cared for car and have a friend with knowledge of cars go with. It's easy to see a nice paint job and come to find out the car you bought needs $20,000 in engine and transmission repairs. If I had to recommend a car I would look at 308/328. There are a lot of aftermarket parts out there and factory parts are pretty easy to get too.
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  #10  
Old 02-11-2011, 03:46 PM
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The least expensive Ferrari to own is the 1/24th plastic model.

There is not a Ferrari that qualifies as a least expensive car to own and drive.
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Old 02-11-2011, 04:21 PM
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If you're talking about from can see to can't see (as in a Ferrari in the garage), if you do less than $3 a mile, you're doing good.

Frankly, the best way to have the lowest cost per mile is to buy a new one at sticker (not at a premium). All repairs (and there will be repairs) will be under warranty. Thus, your only real cost will be depreciation. If you get lucky and flip it fast enough (like I did with a Stradale in 2004/2005), your round-trip cost will be sales taxes and tires. If not, you may take a 10% to 20% haircut if you sell within 1 to 2 years. So if you pay $250k (is this what the new Italia is going for?), put 10,000 miles on the car, and sell for 85%, the roundtrip will cost you $3.75 a mile.

But what about the smiles per miles?

Priceless.

Dale

Oh, and as a first Ferrari? Yeah, get a new one and put the service manager's cell number on your speed dial.

Last edited by Texas Forever; 02-11-2011 at 04:22 PM.
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Old 02-11-2011, 05:12 PM
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"least expensive car"-- certainly not.

"least expensive Ferrari"-- duh, of course there is one.

In the OPs case, I'd probably look for a 328 or 3.2 Mondial-- but the best one he can find. The cheapest Ferrari to buy will end up being the most expensive to own, so pay up for a good one.

I actually think a good 330GT 2+2 is probably the least expensive Ferrari to own, but I wouldn't recommend it as a first-time Ferrari.

Quote:
Originally Posted by Mitch Alsup View Post
The least expensive Ferrari to own is the 1/24th plastic model.

There is not a Ferrari that qualifies as a least expensive car to own and drive.
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Old 02-11-2011, 05:39 PM
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Mondial, 456M, or 612. With a new kid he's gonna want a back seat.
If it's just for him: 360 or 430.
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Old 02-11-2011, 05:41 PM
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Quote:
Originally Posted by Mitch Alsup View Post
The least expensive Ferrari to own is the 1/24th plastic model.

There is not a Ferrari that qualifies as a least expensive car to own and drive.
+1
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  #15  
Old 02-11-2011, 07:43 PM
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Quote:
Originally Posted by bdelp View Post
I personally believe the best bang for the buck has to be a 360 coupe. There are cheaper cars out there but it offers the best creature comfort combined with the best performance for the price.

Honestly, the 360 is a bargin for what you get.
Normally I would say a 328, but 360s have gotten so cheap, they are certainly a good pick, especially a coupe with 3 pedals. But if 360 is still out of reach, 328s are still the best bet. I have owned three of them for a combined 30K miles and 11 years. Problems have been very, very few. Belt service is still pricey, but cheaper than 348s, 355s or TRs.

Dave
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Old 02-11-2011, 07:56 PM
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A restored 328 or 3.2 Mondial. Find one that's been driven and restored or fully maintained. 50K miles should make it affordable. Drive for a few years, change belts and repeat.
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Old 02-11-2011, 08:18 PM
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There are lots of decent 308's out there, under $30K.
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Old 02-11-2011, 08:30 PM
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360 for sure.

308/328's are wonderful cars, but they are really more suited to the gear head. They will always have little things that need sorting, which is great for those of us that like doing that, but can be frustrating and expensive for those that are less inclined.
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Old 02-11-2011, 09:02 PM
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Unless you do your own repairs, none of them are cheap to maintain. And even then they still are not cheap to maintain. Unless you are stubborn like me, looking for days until you can find the same parts at sane prices, you will be stuck getting stiffed for what Ferrari charges. And sometimes, you have no choice.
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Old 02-11-2011, 09:17 PM
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Quote:
Originally Posted by JoeZaff View Post
Could somebody get this ******* permabanned. He has posted crap like this in seven different threads. Also, could you have his posts deleted. Essentially, I want him vaporized.

Its so fricken annoying.
+1

And delete the posts while your at it.
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