As a past Ferrari owner (4 cars) I mostly agree with all your points except for 'gremlins' . My cars were 70's and 80's models and were very reliable and could be worked on (DIY), this may not be possible with the newer highly digitalized non-manual cars and the need for dealer assistance because of the electronic complexities. The newer cars are like driving desktop computers on wheels and have become stratospherically priced with no soul unfortunately!
I agree, I always wanted a 308 which was my poster car. The move to electronics started changing the cars and the earlier electronic cars now have some issues 20 years on. I have had an issue with my ECU and it becomes difficult to fix.
Having owned 4 Ferries only 1 Red and 3 Blue. Blue ones get admired and accepted the Red one upset some people. As a rule cars that stand and do low miles cost more to run. Seals go, electronics get issues, rust can be a problem on things like exhausts and pipe work, tyres go off or crack and batteries fail unless the cars are plugged into the correct type of charger. Lots of good folk out there to help look after them and boy are they fun to own and drive. So if you can get one do and use it.
So true about the reactions. When people ask me what's it like to drive Ferraris and Lamborghinis, I always say the most interesting reactions is how it brings out the best and worst in people.....especially the Lamborghinis.
Hi, as I'm just about to buy my first lambo what's the worst you've had in reactions? I own a 21 year old porsche 997 c2s and generally people either want to race me or just let me cruise past
That is the main reason I don't consider owning a Lamboughini. I only take the Ferrari out when it is quiet. If there are others on the road, I know the experience will not be as enjoyable. There will be that guy in a van who cuts the corner to clip mirrors, or the truck that wants to tail gate. Strange, I receive most respect and nods from motorbike drivers on their nice-day run. They know when a man is out to enjoy himself and his machine. This has made me want a motorbike.
I'm 67. I am a retired poor simple technician. Retired and also a petrol head. My first car was a 1930 Chev and owned just under 50 cars since. Ferrari posters always adorned my walls. Some 20 years ago, when the kids finished school, I spoilt myself and the boys with cheap fun sports cars. First A Z3 and then a Boxster. Words can not describe the amount of fun and pure joy that me and the three kids had. Drove the BM till 400k kilometers before selling it back to the original owner, a lawyer. Basically as all kids left the house, I had to scale down on cars. (I retained all cars in immaculate condition despite enjoying a lot of track time through the club meets). Despite basic maintenance, the BM just needed a cylinder head renewal (at 345000kms). The Boxster now at 250 000 kilos, my decades old daily driver, is still driving/racing like a swiss watch. I managed through UA-cam to do all maintenance myself. It is just always perfect in all its ways. Climb in and enjoy. Everyday some where always flat out and still immaculate. My extended Ferrari (and all other sport cars) collection are all 1/18 die cast. I bought my Boxster from a CEO that got divorced. He used to own three Ferraris after investing in Porsche. My budget, thank heaven would never ever allow for a real Ferrari anyway. PS. My wife is much more expensive that any Ferrari, only downside is her steep depreciation curves. Love from Africa de Sud
Randburg here! South Africa is a great place to own a classic because minimal rust. I very briefly owned a Dino 2 that I bought in 1982 in Jules Street for R2000! Replaced clutch, starter and alternator and sold it again for R4000 (!) as I needed the money. Unfortunately (!) I was in a very dedicated relationship at the time and couldn't test the Vacuum Cleaner Effect.
'Use it and enjoy it' couldn't agree more 👍😊 - I will never understand those mileage 'fetishists'. The worst you can do to these cars is to keep them standing in your garage. They are meant to be driven and I love to do that with my F430 Spider whenever possible.
I own a Ferrari 812. I had a beer bottle thrown at her on the highway last year. Smashed windscreen and dented roof. Thankfully Ferrari dealer fixed it to perfection. My baby only goes out these days on very special occasions and owner days. I am in Australia. She is my forever car. I’ll never sell her.
@@kurjan1 This story really hurt me. What are people thinking? Keep driving, and keep enjoying! And Joe, he sounds like a reasonable person, who probably drives reasonably. A little bit excessive mate, if I can say that. (BTW, 4C owner: 1 paint stripper attack and 1 badge(s) removal attempt. But it could be worse, and that's in nearly 10 years of ownership)
Some people are ignorant, judgemental arseholes. I had someone throw a meat pie at a press car I was driving once (back in my Car Australia days). It was a Mazda 323 Turbo convertible. Go figure…
You must live in the UK where people are judgmental. In the USA, people don't have the same envious attitude. They appreciate you driving something interesting and will give you the thumbs-up.
@@fgcpeak9591 No, it's not the same everywhere. ALL kinds of cars get vandalized. I'm speaking in GENERAL terms. The attitude toward the wealthy is DIFFERENT in the UK from that in the USA.
@@joevarga5982 It's because wages are so low in the UK compared to the US... The idea that someone can afford a Ferrari when the average and even well above average monthly wage is halved or more than halved by the cost of rent ALONE (excluding bills) in London for example, means most will be straight up SEETHING and BAFFLED at someone driving around in something that costs just as much or more than a whole house that would take them a lifetime or more to pay off IF they are lucky enough to even afford a downpayment on the mortgage. Most will even struggle to consistently hold a job down long enough to pay off close to half their mortgage these days. It's not too hard to see why people here would be so angry to see someone driving any sort of "nice" car let alone a Ferrari. It's unfathomable that anyone should be able to afford one, and of course most will assume you obtained the funds through nefarious means and or cheating someone or cheating the system that crushes them, in a significant capacity.
I considered a Ferrari. Instead, I went with something more reliable: Lamborghini Huracan. It's pictured left. 3 years of problem free ownership. I get the history, the performance, the sound, and the experience without the Ferrari nonesense....much better. BTW, the judgement thing is a British thing. People in Canada and the U.S. love the car, let me in, waive, take pictures, and love to chat about the car. Nothing but positivity. It says a lot about a culture when the people within it can't appreciate something like a Lambo/Ferrari without casting judgement on the owner, which is simply a reflection of the own insecurity and feelings of inadequacy.....I'll stay on this side of the pond thanx.
I don't have the right to talk but the worst part of owning an exotic is all the guys who want to race you from the lights. I had a RX-7 and I got so sick of it that I swapped cars with my wife. She thought the racer guys were just flirting with her.
Great advice. Can I suggest get an Alfa 4C. Better performance. Much cheaper maintenance. Increasing values. And Carbon + Aluminium structure. I would like a 458 or 488 though. Well just being honest.
Just found this channel. Looking forward to watching more !! My personal rides, E39 M5, 9th gen Civic Si. Used to own a Porsche 968 and will probably buy another. Have been thinking for quite a while about a 360 so this vid was really helpful. Was thinking at one point to look at a 612 Scaglietti, but after I sat in one I realized it wouldn't quite stack up as a car for longer trips. Anyhow, thanks and enjoy !!
Thanks very much, they are great cars and great value at the moment, I did a video on why I think they are Ferraris biggest bargain at the moment. Enjoy the search.
Thank you , Great Video !!....Years ago ,I started a Picture Car Co....to provide cars for filming and on-camera use , it allowed me to drive Lambo(s), Ferrari(s) , Roll(s) ,etc....I was fortunate to enjoy the Driving joy and experience , without the Cost of ownership. I appreciate your Honest and Objective Review of your Ferrari Experience.....Godspeed..
Nice work on this. I would agree that classics like your E-Type are forever keepers. I have owned two classic Ferraris and I would offer that the reactions of others were positive, perhaps because there is an implied enthusiasm and less perceived flaunting of wealth.
I've owned 5. The oldest was a 246 Dino GT and the newest a brand new 458 spider. Each get different reactions and each have their own reliability. and costs to maintain. First thing is--you just ignore the (very) few haters out there no differently they would also hate your clothes, your watch, your home and your wife/family. Screw them. Its your life and they will not ruin it. Most people however are the opposite. And I get a kick out of the kid who gets his first chance to sit in a Ferrari. Ferrari ownership is two ways. If you act like a snob, people will treat you as one. What do I drive now? A 328Gts. Why? Its pretty, a manual, simple, and you can drive it hard without being worried you'll be tossed in jail.
Thanks for watching, the first Ferrari I ever went in was a 308 and has always remained my dream (and poster) car. When I set out to buy a Ferrari I started by looking at 308s and for various reasons settled on the 360, but a few comments have now referred to the 328, so I think it needs to be a serious contender as a replacement for the 360.
The 328 is also considered the most reliable Ferrari model. It had 1400 changes over the 308, I believe the electrical system is better. It has mechanical fuel injection, not electronic. It is lighter and more powerful than the 308. I test drove one and was amazed at how light and nimble it felt. It is completely analog, unless you have a later model with ABS. I like the fact that the curb weight is less than 2,800 lbs.
I had two Ferrari V-12s back in the 70s and I’m glad for the experience but I wouldn’t and couldn’t buy one now. Between the purchase prices and maintenance I could do a LOT of other things with that investment today. There’s an old saying about boat ownership: the two best days in the life of a boat owner. The day you buy it and the day you sell it. And that I think perfectly sums up the Ferrari experience . . .
There is a large wealth disparity in the UK. I saw a guy in an F8, made me think that he wasn't a real petrol head and he wanted a massive ego boost. Unlikey he will drive it on track or even have the chance to stretch its legs in the road. But that could be sour grapes, as i love the look (not sound) of those. I have a 981S, you could say its still too powerful for day to day, i think the occasional rev to 7500 makes it special enough. even in my group of friends i feel like a show off when its just for me to enjoy in my own.
There is. It's actually astronomical. Using London as an example, think about it: Most people don't even take home £3500 a month. In fact VERY FEW people do. And more than half of this will go on rent and bills. It's already cold most of the time, practically everyone is feeling the crunch, there are insane waiting lists for FLATS, let alone houses, and everything is expensive. On top of that there is not a snowball's chance in hell of most owning any type of house - even a studio apartment. So to see someone driving something like a BMW - let alone a Ferrari that's worth a house - is such an alienating thing to the vast majority of people - unfathomable actually, it's not even funny. This is where a lot of the seething anger comes from because the first thing people will think is "how the HELL did HE afford that? Probably got the money through some nefarious means" etc. Even if you're in Mayfair or Chelsea, these cars are still relatively rare to see. When I had a Jaguar F-Type, I was absolutely hated on and despised 99% of the time. Even WOMEN I would date would lose interest in me once they saw the car I had - because they simply could not identify with me or relate to me anymore just because I drove an expensive car. It was VERY depressing to lose women who I would have done anything to be with, just because they created all sorts of narratives about me in their heads after they saw the car I drove.
You need to buy a boat… B.O.A.T Breeak out another thousand… And it’s invariably taken as 10% of the purchase price for maintenance and berthing. I think your Ferrari is excellent value 👍🏻👍🏻👍🏻👍🏻
I’ve never had any problems with people when I drive my Etype or Porsche - everyone is just smiling. I would never buy a Ferrari or McLaren because of the negative reactions you get.
I have been on a number of track days in the Porsche and if a Ferrari turns up the driver gets overexcited and often doesn’t complete one lap. I did 30,000 miles in my GT3RS and cost very little over 5 years. The Ferrari owners I know don’t drive them at all - too worried about values. I don’t see the point of owning a car if you don’t drive it, unless your enjoyment comes from impressing your friends and making them jealous.
In your case, since it's a paddle-shifting automatic, you aren't driving at all - the firmware and the electronics are doing all the driving. It's one thing to splurge on a car, but to splurge on a car and not even get a manual transmission, that's a new level of an extremely bad deal.
I’m in the market for a Ferrari now. I’ve always wanted the 360 and could get one easily enough, but do wonder if a 355 would carry less of a service and gremlin obligation? Is the 355 less hassle, or are they about the same?
I think the 355 has a slightly higher maintenance cost because you have to take the engine out to change the cambelt very 3 years, whereas the 360 you can do it with the engine in place. This was a consideration I had when I bought my 360, good luck with your search.
I really enjoyed your video, thank you for posting it because I think it nicely sums up Ferrari ownership to anyone thinking about buying one. I’ve owned my F355 GTS for a similar amount of time as you (just coming up to 4 years) and here are my thoughts as they relate to yours; Regarding the good aspects, couldn’t agree more. It was the racing heritage that snared me but it’s how the car stirs every one of my senses and makes one feel special during every drive that keeps me enamoured with this car. Regarding the bad aspects; 1: temperamental - I must be lucky because my F355 has run like a Swiss watch but I think a lot has to do with your points 2 & 3 2: maintenance - Your annual maintenance bill of £4K is substantial so wonder if those figures are a combination of servicing as well as repairs/renovation? I only ask as my annual costs are around £2k. Years 1 & 2 are interim services (£700) and year 3 is a biggie with a cambelt change (£4,000). If you are UK based and can get to Huddersfield I’d highly recommend Italia Autosport as a superb independent specialist. 3: Low mileage- as owners of several Italian cars I’m sure you’ll agree regular maintenance and running the cars is essential. My car is off the road from November to April but I start her up move her out of the garage and run her for 20mins every 2 weeks. In the summer then every week I’m out and about. On a separate topic you mentioned your E Type was a keeper. I’ve always hankered after one and prices now (at least here in the UK) are very attractive. What would be your advice on scouting out a good one? Once again, great video!
Thanks very much, it’s always good to hear similar experiences. I use William Heynes (UK) for some of my etype work, he is extremely knowledgeable and is a great source for Etypes
If you own a high performance classic car or motorcycle and want to keep them running well and reduce maintenance costs there is only one important rule - drive/ride them regularly, utilising the performance available. These beautiful machines always respond well to regular and spirited use and will repay you many times over- the engines improve and truly sing in response.
People should STOP caring for other people's judgement, (even going out for a drink in my bicycle around the city once, instead of my car, I was judged) just enjoy what you like, as you don't harm or disturb those around you....
This One for the pre Modern era, actually was rated as a very reliable possible everyday GT cruiser from Ferrari, not that many electronics yet, like today, and these make people great retirement toys.
I have had a 360 for 8 years and I have been lucky in not spending anything like that much post getting it up and running post buying. If you drive it and service it then you should be OK, my engine light has come on once in 8 years so you may have been unlucky
I am a watch enthusiast and collector… i have never been interested in cars until recently (plus I need to learn how to drive first). Quick question: which car model would You recommend me getting that has more goods than the bads as you mentioned in your video? Thank you.
So far I only had positive reactions for driving my F. Maybe because it's a vintage car. Otherwise I quite agree with you, especially for the milage issue.
Since 2010 I have owned 8 brand new Ferraris. The first, a California, within 18 months I put over 32,000 miles on it. In total two Californias, a Cali T, a Portofino, two FFs, and now have a GTC4Lusso and a 812GTS. All are/were daily drivers! The Calis, the FFs, and the Lusso are driven in the winter here in NW Ohio with SottoZero snow/ice tires. Currently the Lusso has 40k+ miles and the 812GTS over 14k miles. With well over 250,000 miles since 2010, daily driving the cars, I have had very few problems. The first Cali had a wiring issue in the driver door, which many had. It also had a current sensor in the trunk lid for the top mechanism fail. The 812GTS had an oil leak on the top of the intake. And the Portofino had the left computer display quit. But, again, this is all with well over 250,000 miles of daily driving. That seems very reliable to me. I am not a car collector, but a car owner that loves to drive the cars and am fortunate enough to be able to trade them in every few years. Great video too!
You have to remove the engine to maintain the belts? I was browsing auto trader today, the 360 model is currently the "cheapest". Having an unreliable exotic puts me off. I live in the countryside so maybe I would not experience too much negativity, not sure. Last week I got a bill of £950 for a faulty headlight control unit on my Mercedes, I find big / unexpected bills quite off putting.
Thanks for watching, the 360 cambelts can be changed with the engine in, it’s the earlier 355 that the engine comes out to change the belts. This is one of the reasons I chose the 360, but I got a few “surprises” along the way.
Roof is pretty good in the rain, but I have only been caught out once in the rain. I have had no mechanical issues, it got very slow and I had to top up the fluid which I did a video on and it fixed the issue.
Sounds like you should consider buying an older Ferrari as a keeper. Maybe the 328 - more classic appeal, less maintenance cost and generally good looks from passers by.
A Ferrari 308 has always been my dream car, and the first Ferrari I ever drove in. When I first set out to buy a Ferrari I was looking for a 308 and for various reasons ended with a 360.
good video I was a hairdresser in the 1980s and there was a chap who was a car sales man who would visit me for a haircut i am car mad and we got on very well one day he pulled up in a stunning lotus like the James Bond one the car looked fantastic and he told me all about it behind us was an old chap and he listened to us and then he said something which i have never forgot he said he had a car outside and it could do something the Lotus could not do the salesman looked around and to the old guy what sort of car have you got ? the old guy said a Escort 10 years old and he said this to us both I Can leave my car in any street and not worry about the car He is quite right we take on lovey cars but unless your buying new with a warranty you worry or we worry someone will take a key to the side of the car I drive a three wheel Morgan in the summer and i have never see such a reaction from the public smiles questions photos are just part of the day i dont get envious looks and the Morgan never loses a penny and they are not costly to service as they dont have the Tec If I was not buying with my heart I would run a 5 year old Lexus for 5 years Lexus give a free warranty with every service up to the age of 10 years old That says a lot you know Its all about a badge and snob value but we fall for it time and time again dont we
TLDR: If you’re a snob or dilettante with more money than brains, or you drank the kool-aide and always wanted to know what Stockholm Syndrome is all about, then Ferrari is the car for you.
THE most important downsize: Ferrari has a long story of cheating in Formula 1. Many of Schumacher's championships were won by cheating ( thank you Jean Todt ). Also Ferrari are notably unreliable, this is a well known fact. And finally, don't forget the odometer roll back scandal a few years ago....On the other hand, the marketing dept at Ferrari is incredible...
Long story of cheating? Ahahah Ferrari are overall the most honest of the most successful F1 Teams. Don't believe me? Just check-out what Mclaren have done in years like 1998 or even this year with the wings, or Red Bull's illegal 2022 and 2023 cars, Mercedes's multiple "interesting" innovations between 2014 and 2020.
A few different experiences: 1) I’ve owned 7, and currently own 5. They are extremely dependable. 2) Not expensive to own at all IF you stay away from the dealer. Find a non-dealer mechanic. 3) I’ve had my 348 since 1998, and my 430 since 2007. These ARE absolutely forever cars! 4) buy one with high mileage and good maintenance history.
The most overated automotive brand, racing heritage second to none, private ownership yes expensive, dealer experience dreadful, for instance you can't buy that one until you buy this one first, internal ferrari snobbery "you own the lower end models ect "
Given your other cars, maybe buy an older ferrari that will address your biggest issues. I have a 308 and testarossa and have never had maintenance issues. It's when you get into these Ferraris with more electronics and warning lights etc
@rcclassicgarage the best looking ferrari from the times where analogue and digital are most balanced imho. got it titanium gray the way i dreamed so hopefully will be a bit more subtle that the striking read one. :D
That’s why the maintenance it’s a bad element as at 8 percent of the value of the cars it’s high, imagine the “cost of ownership” if it depreciated onto of that.
As a past Ferrari owner (4 cars) I mostly agree with all your points except for 'gremlins' . My cars were 70's and 80's models and were very reliable and could be worked on (DIY), this may not be possible with the newer highly digitalized non-manual cars and the need for dealer assistance because of the electronic complexities. The newer cars are like driving desktop computers on wheels and have become stratospherically priced with no soul unfortunately!
I agree, I always wanted a 308 which was my poster car. The move to electronics started changing the cars and the earlier electronic cars now have some issues 20 years on. I have had an issue with my ECU and it becomes difficult to fix.
What are you talking about? No soul? 70’s & 80’s Ferrari ownership is comparable to an M3 of the era.
Having owned 4 Ferries only 1 Red and 3 Blue. Blue ones get admired and accepted the Red one upset some people. As a rule cars that stand and do low miles cost more to run. Seals go, electronics get issues, rust can be a problem on things like exhausts and pipe work, tyres go off or crack and batteries fail unless the cars are plugged into the correct type of charger. Lots of good folk out there to help look after them and boy are they fun to own and drive. So if you can get one do and use it.
4 Ferries? What's that?
Ferrari owners generally look well heeled .. people don’t like seeing wealth in the uk.
100% Agreed
Don’t wash it,they’ll think you stole
it
@@lv4077 Lol... Priceless :D
only left wing anarchists, workshy and bitter little woke eco greenies are jealous of wealth.
There is a massive difference between bragging and not .the uk is full of jealous people
So true about the reactions. When people ask me what's it like to drive Ferraris and Lamborghinis, I always say the most interesting reactions is how it brings out the best and worst in people.....especially the Lamborghinis.
To be fair - quite a few Lambo owners are quite d*cks, especially in my neck of the woods (Sydney, Australia)
Hi, as I'm just about to buy my first lambo what's the worst you've had in reactions? I own a 21 year old porsche 997 c2s and generally people either want to race me or just let me cruise past
That is the main reason I don't consider owning a Lamboughini. I only take the Ferrari out when it is quiet. If there are others on the road, I know the experience will not be as enjoyable. There will be that guy in a van who cuts the corner to clip mirrors, or the truck that wants to tail gate. Strange, I receive most respect and nods from motorbike drivers on their nice-day run. They know when a man is out to enjoy himself and his machine. This has made me want a motorbike.
I'm 67. I am a retired poor simple technician. Retired and also a petrol head. My first car was a 1930 Chev and owned just under 50 cars since. Ferrari posters always adorned my walls. Some 20 years ago, when the kids finished school, I spoilt myself and the boys with cheap fun sports cars. First A Z3 and then a Boxster. Words can not describe the amount of fun and pure joy that me and the three kids had. Drove the BM till 400k kilometers before selling it back to the original owner, a lawyer. Basically as all kids left the house, I had to scale down on cars. (I retained all cars in immaculate condition despite enjoying a lot of track time through the club meets). Despite basic maintenance, the BM just needed a cylinder head renewal (at 345000kms). The Boxster now at 250 000 kilos, my decades old daily driver, is still driving/racing like a swiss watch. I managed through UA-cam to do all maintenance myself. It is just always perfect in all its ways. Climb in and enjoy. Everyday some where always flat out and still immaculate. My extended Ferrari (and all other sport cars) collection are all 1/18 die cast. I bought my Boxster from a CEO that got divorced. He used to own three Ferraris after investing in Porsche. My budget, thank heaven would never ever allow for a real Ferrari anyway. PS. My wife is much more expensive that any Ferrari, only downside is her steep depreciation curves. Love from Africa de Sud
Fingers crossed that your wife does not see this comment....take it from experience
Randburg here! South Africa is a great place to own a classic because minimal rust. I very briefly owned a Dino 2 that I bought in 1982 in Jules Street for R2000! Replaced clutch, starter and alternator and sold it again for R4000 (!) as I needed the money. Unfortunately (!) I was in a very dedicated relationship at the time and couldn't test the Vacuum Cleaner Effect.
'Use it and enjoy it' couldn't agree more 👍😊 - I will never understand those mileage 'fetishists'. The worst you can do to these cars is to keep them standing in your garage. They are meant to be driven and I love to do that with my F430 Spider whenever possible.
Not putting KMs on your car to maintain value is like not shagging your bird so she’s in good nick for the next guy…..
I own a Ferrari 812. I had a beer bottle thrown at her on the highway last year. Smashed windscreen and dented roof. Thankfully Ferrari dealer fixed it to perfection. My baby only goes out these days on very special occasions and owner days. I am in Australia. She is my forever car. I’ll never sell her.
Probably your aggressive driving.
@@kurjan1 This story really hurt me. What are people thinking? Keep driving, and keep enjoying!
And Joe, he sounds like a reasonable person, who probably drives reasonably. A little bit excessive mate, if I can say that.
(BTW, 4C owner: 1 paint stripper attack and 1 badge(s) removal attempt. But it could be worse, and that's in nearly 10 years of ownership)
Some people are ignorant, judgemental arseholes. I had someone throw a meat pie at a press car I was driving once (back in my Car Australia days). It was a Mazda 323 Turbo convertible. Go figure…
Her?
Baby?
She?
What is wrong with you?
@@wealthypepe Why so negative Pepe?
This is why i have a porsche
LOL. Me, too.
You must live in the UK where people are judgmental. In the USA, people don't have the same envious attitude. They appreciate you driving something interesting and will give you the thumbs-up.
Same as in the Netherlands.. you’ll get spit on faster than getting a thumbs up..
@@bethankful4something Wow. Terrible. Those people are miserable.
it's the same everywhere and probably worse in the US. I've heard stories of actual vandalism to peoples' exotic cars in the US out of envy
@@fgcpeak9591 No, it's not the same everywhere. ALL kinds of cars get vandalized. I'm speaking in GENERAL terms. The attitude toward the wealthy is DIFFERENT in the UK from that in the USA.
@@joevarga5982 It's because wages are so low in the UK compared to the US... The idea that someone can afford a Ferrari when the average and even well above average monthly wage is halved or more than halved by the cost of rent ALONE (excluding bills) in London for example, means most will be straight up SEETHING and BAFFLED at someone driving around in something that costs just as much or more than a whole house that would take them a lifetime or more to pay off IF they are lucky enough to even afford a downpayment on the mortgage. Most will even struggle to consistently hold a job down long enough to pay off close to half their mortgage these days.
It's not too hard to see why people here would be so angry to see someone driving any sort of "nice" car let alone a Ferrari. It's unfathomable that anyone should be able to afford one, and of course most will assume you obtained the funds through nefarious means and or cheating someone or cheating the system that crushes them, in a significant capacity.
I considered a Ferrari. Instead, I went with something more reliable: Lamborghini Huracan. It's pictured left. 3 years of problem free ownership. I get the history, the performance, the sound, and the experience without the Ferrari nonesense....much better. BTW, the judgement thing is a British thing. People in Canada and the U.S. love the car, let me in, waive, take pictures, and love to chat about the car. Nothing but positivity. It says a lot about a culture when the people within it can't appreciate something like a Lambo/Ferrari without casting judgement on the owner, which is simply a reflection of the own insecurity and feelings of inadequacy.....I'll stay on this side of the pond thanx.
interesting! I was wondering if it is the same in the US. glad to read it is not.
You'll be judged regardless of where you come from or what country you're in. What a stupid thing to say 😂
I don't have the right to talk but the worst part of owning an exotic is all the guys who want to race you from the lights. I had a RX-7 and I got so sick of it that I swapped cars with my wife. She thought the racer guys were just flirting with her.
Is it just me, or does anyone else see some parallels between owning a Ferrari and being married?
Your wife will not go up and value 🤣🤣
Definitely one coincides with the other. Always remember the angle of the dangle is directly proportionate to the heat of the meat.
@@RyanWehr Either will 90% of Ferraris.
@@davem6685 What are you saying?
Great advice. Can I suggest get an Alfa 4C. Better performance. Much cheaper maintenance. Increasing values. And Carbon + Aluminium structure.
I would like a 458 or 488 though. Well just being honest.
Just found this channel. Looking forward to watching more !! My personal rides, E39 M5, 9th gen Civic Si. Used to own a Porsche 968 and will probably buy another. Have been thinking for quite a while about a 360 so this vid was really helpful. Was thinking at one point to look at a 612 Scaglietti, but after I sat in one I realized it wouldn't quite stack up as a car for longer trips.
Anyhow, thanks and enjoy !!
Thanks very much, they are great cars and great value at the moment, I did a video on why I think they are Ferraris biggest bargain at the moment. Enjoy the search.
Thank you , Great Video !!....Years ago ,I started a Picture Car Co....to provide cars for filming and on-camera use , it allowed me to drive Lambo(s), Ferrari(s) , Roll(s) ,etc....I was fortunate to enjoy the Driving joy and experience , without the Cost of ownership. I appreciate your Honest and Objective Review of your Ferrari Experience.....Godspeed..
Thanks very much
Give me one any day. I could only imagine the maintenance costs but would love anything built by Ferrari.
Nice work on this. I would agree that classics like your E-Type are forever keepers. I have owned two classic Ferraris and I would offer that the reactions of others were positive, perhaps because there is an implied enthusiasm and less perceived flaunting of wealth.
Howzit. I agree that the 'slow down' light is annoying. The override switch is behind the carpet in the right footwell corner - voet-innie-hoek boet 😊
I've owned 5. The oldest was a 246 Dino GT and the newest a brand new 458 spider. Each get different reactions and each have their own reliability. and costs to maintain. First thing is--you just ignore the (very) few haters out there no differently they would also hate your clothes, your watch, your home and your wife/family. Screw them. Its your life and they will not ruin it. Most people however are the opposite. And I get a kick out of the kid who gets his first chance to sit in a Ferrari. Ferrari ownership is two ways. If you act like a snob, people will treat you as one. What do I drive now? A 328Gts. Why? Its pretty, a manual, simple, and you can drive it hard without being worried you'll be tossed in jail.
Thanks for watching, the first Ferrari I ever went in was a 308 and has always remained my dream (and poster) car. When I set out to buy a Ferrari I started by looking at 308s and for various reasons settled on the 360, but a few comments have now referred to the 328, so I think it needs to be a serious contender as a replacement for the 360.
The 328 is also considered the most reliable Ferrari model. It had 1400 changes over the 308, I believe the electrical system is better. It has mechanical fuel injection, not electronic. It is lighter and more powerful than the 308. I test drove one and was amazed at how light and nimble it felt. It is completely analog, unless you have a later model with ABS. I like the fact that the curb weight is less than 2,800 lbs.
The classics wit manual gearshift and Weber carbs are the ones I love , the modern stuff doesn't move me a bit .
I had two Ferrari V-12s back in the 70s and I’m glad for the experience but I wouldn’t and couldn’t buy one now. Between the purchase prices and maintenance I could do a LOT of other things with that investment today.
There’s an old saying about boat ownership: the two best days in the life of a boat owner. The day you buy it and the day you sell it.
And that I think perfectly sums up the Ferrari experience . . .
There is a large wealth disparity in the UK. I saw a guy in an F8, made me think that he wasn't a real petrol head and he wanted a massive ego boost. Unlikey he will drive it on track or even have the chance to stretch its legs in the road. But that could be sour grapes, as i love the look (not sound) of those.
I have a 981S, you could say its still too powerful for day to day, i think the occasional rev to 7500 makes it special enough.
even in my group of friends i feel like a show off when its just for me to enjoy in my own.
There is. It's actually astronomical. Using London as an example, think about it: Most people don't even take home £3500 a month. In fact VERY FEW people do. And more than half of this will go on rent and bills. It's already cold most of the time, practically everyone is feeling the crunch, there are insane waiting lists for FLATS, let alone houses, and everything is expensive. On top of that there is not a snowball's chance in hell of most owning any type of house - even a studio apartment. So to see someone driving something like a BMW - let alone a Ferrari that's worth a house - is such an alienating thing to the vast majority of people - unfathomable actually, it's not even funny. This is where a lot of the seething anger comes from because the first thing people will think is "how the HELL did HE afford that? Probably got the money through some nefarious means" etc. Even if you're in Mayfair or Chelsea, these cars are still relatively rare to see.
When I had a Jaguar F-Type, I was absolutely hated on and despised 99% of the time. Even WOMEN I would date would lose interest in me once they saw the car I had - because they simply could not identify with me or relate to me anymore just because I drove an expensive car. It was VERY depressing to lose women who I would have done anything to be with, just because they created all sorts of narratives about me in their heads after they saw the car I drove.
You need to buy a boat…
B.O.A.T Breeak out another thousand…
And it’s invariably taken as 10% of the purchase price for maintenance and berthing. I think your Ferrari is excellent value 👍🏻👍🏻👍🏻👍🏻
I’ve never had any problems with people when I drive my Etype or Porsche - everyone is just smiling. I would never buy a Ferrari or McLaren because of the negative reactions you get.
I have been on a number of track days in the Porsche and if a Ferrari turns up the driver gets overexcited and often doesn’t complete one lap. I did 30,000 miles in my GT3RS and cost very little over 5 years. The Ferrari owners I know don’t drive them at all - too worried about values. I don’t see the point of owning a car if you don’t drive it, unless your enjoyment comes from impressing your friends and making them jealous.
Thanks, I love always your honesty. I’ll never own a Ferrari for all the bass you listed. I’ve seen jealous looks before it’s not nice.
Thanks for watching, yes I must admit it’s the part of ownership I really don’t like.
In your case, since it's a paddle-shifting automatic, you aren't driving at all - the firmware and the electronics are doing all the driving. It's one thing to splurge on a car, but to splurge on a car and not even get a manual transmission, that's a new level of an extremely bad deal.
You do realise most sports cars these days are paddle shifted autos, right?
I’m in the market for a Ferrari now. I’ve always wanted the 360 and could get one easily enough, but do wonder if a 355 would carry less of a service and gremlin obligation? Is the 355 less hassle, or are they about the same?
I think the 355 has a slightly higher maintenance cost because you have to take the engine out to change the cambelt very 3 years, whereas the 360 you can do it with the engine in place. This was a consideration I had when I bought my 360, good luck with your search.
355 is like a fiberglass go kart, 360 feels more like a modern car
Your automobile sir top down is one of the sexiest Ferraris. Congratulations
I really enjoyed your video, thank you for posting it because I think it nicely sums up Ferrari ownership to anyone thinking about buying one. I’ve owned my F355 GTS for a similar amount of time as you (just coming up to 4 years) and here are my thoughts as they relate to yours;
Regarding the good aspects, couldn’t agree more. It was the racing heritage that snared me but it’s how the car stirs every one of my senses and makes one feel special during every drive that keeps me enamoured with this car.
Regarding the bad aspects;
1: temperamental - I must be lucky because my F355 has run like a Swiss watch but I think a lot has to do with your points 2 & 3
2: maintenance - Your annual maintenance bill of £4K is substantial so wonder if those figures are a combination of servicing as well as repairs/renovation? I only ask as my annual costs are around £2k. Years 1 & 2 are interim services (£700) and year 3 is a biggie with a cambelt change (£4,000). If you are UK based and can get to Huddersfield I’d highly recommend Italia Autosport as a superb independent specialist.
3: Low mileage- as owners of several Italian cars I’m sure you’ll agree regular maintenance and running the cars is essential. My car is off the road from November to April but I start her up move her out of the garage and run her for 20mins every 2 weeks. In the summer then every week I’m out and about.
On a separate topic you mentioned your E Type was a keeper. I’ve always hankered after one and prices now (at least here in the UK) are very attractive. What would be your advice on scouting out a good one?
Once again, great video!
Thanks very much, it’s always good to hear similar experiences. I use William Heynes (UK) for some of my etype work, he is extremely knowledgeable and is a great source for Etypes
If you own a high performance classic car or motorcycle and want to keep them running well and reduce maintenance costs there is only one important rule - drive/ride them regularly, utilising the performance available. These beautiful machines always respond well to regular and spirited use and will repay you many times over- the engines improve and truly sing in response.
People should STOP caring for other people's judgement, (even going out for a drink in my bicycle around the city once, instead of my car, I was judged) just enjoy what you like, as you don't harm or disturb those around you....
This One for the pre Modern era, actually was rated as a very reliable possible everyday GT cruiser from Ferrari, not that many electronics yet, like today, and these make people great retirement toys.
Is the exhaust stock? It sound good.
Thanks very much, it has a nouvalari exhaust, which sounds great
Howany of the warning lights come from people not driving it?
I have had a 360 for 8 years and I have been lucky in not spending anything like that much post getting it up and running post buying. If you drive it and service it then you should be OK, my engine light has come on once in 8 years so you may have been unlucky
Great vid, thanks for creating
Thanks very much
I am a watch enthusiast and collector… i have never been interested in cars until recently (plus I need to learn how to drive first). Quick question: which car model would You recommend me getting that has more goods than the bads as you mentioned in your video? Thank you.
So far I only had positive reactions for driving my F. Maybe because it's a vintage car. Otherwise I quite agree with you, especially for the milage issue.
Since 2010 I have owned 8 brand new Ferraris. The first, a California, within 18 months I put over 32,000 miles on it. In total two Californias, a Cali T, a Portofino, two FFs, and now have a GTC4Lusso and a 812GTS. All are/were daily drivers! The Calis, the FFs, and the Lusso are driven in the winter here in NW Ohio with SottoZero snow/ice tires. Currently the Lusso has 40k+ miles and the 812GTS over 14k miles. With well over 250,000 miles since 2010, daily driving the cars, I have had very few problems. The first Cali had a wiring issue in the driver door, which many had. It also had a current sensor in the trunk lid for the top mechanism fail. The 812GTS had an oil leak on the top of the intake. And the Portofino had the left computer display quit. But, again, this is all with well over 250,000 miles of daily driving. That seems very reliable to me. I am not a car collector, but a car owner that loves to drive the cars and am fortunate enough to be able to trade them in every few years. Great video too!
My 360 is black. I don’t get negative comments! I think red attracts the wrong people.
Thank you for this feedback. With the 458 and after, reliability has increased a lot. They cost more but require less maintenance.
One needs to be wealthy to buy the cars and wealthy to pay the maintenance, service, repairs, etc.
Great informative video👍, I’m looking for a Ferrari.
Thanks very much, good luck with the search
Thank you , that’s why after 32 years I’m still happy with my Lotus Omega ,
You have to remove the engine to maintain the belts? I was browsing auto trader today, the 360 model is currently the "cheapest".
Having an unreliable exotic puts me off. I live in the countryside so maybe I would not experience too much negativity, not sure.
Last week I got a bill of £950 for a faulty headlight control unit on my Mercedes, I find big / unexpected bills quite off putting.
Thanks for watching, the 360 cambelts can be changed with the engine in, it’s the earlier 355 that the engine comes out to change the belts. This is one of the reasons I chose the 360, but I got a few “surprises” along the way.
Any roof issues?....in function or, rain ?...
Roof is pretty good in the rain, but I have only been caught out once in the rain. I have had no mechanical issues, it got very slow and I had to top up the fluid which I did a video on and it fixed the issue.
Sounds like you should consider buying an older Ferrari as a keeper. Maybe the 328 - more classic appeal, less maintenance cost and generally good looks from passers by.
A Ferrari 308 has always been my dream car, and the first Ferrari I ever drove in. When I first set out to buy a Ferrari I was looking for a 308 and for various reasons ended with a 360.
Good honest opinions
Thanks very much
What exactly is your accent? Like a mix of 3 different ones
Put some duct tape over the Slow Down light then you can drive it stress free 🚘
You would think that a car of this price and fame there would be better reliability. I wouldn't want one even if I could afford it !
Nice video, very informative. 👍
Every Ferrari since the 328 is ugly.
Thank you for the interesting video😊but why is it no forever car?
I treat my etype as my forever car
They have to be driven, issues happen when they aren’t driven
Thank you for the informative video 🤝
Good video, really glad I can’t afford one☹️☹️☹️☹️
good video I was a hairdresser in the 1980s and there was a chap who was a car sales man who would visit me for a haircut i am car mad and we got on very well one day he pulled up in a stunning lotus like the James Bond one the car looked fantastic and he told me all about it
behind us was an old chap and he listened to us and then he said something which i have never forgot he said he had a car outside and it could do something the Lotus could not do the salesman looked around and to the old guy what sort of car have you got ? the old guy said a Escort 10 years old and he said this to us both I Can leave my car in any street and not worry about the car He is quite right we take on lovey cars but unless your buying new with a warranty you worry or we worry someone will take a key to the side of the car I drive a three wheel Morgan in the summer and i have never see such a reaction from the public smiles questions photos are just part of the day i dont get envious looks and the Morgan never loses a penny and they are not costly to service as they dont have the Tec If I was not buying with my heart I would run a 5 year old Lexus for 5 years Lexus give a free warranty with every service up to the age of 10 years old That says a lot you know Its all about a badge and snob value but we fall for it time and time again dont we
I am a sucker for V12 so my first was a 456 GT
I also love a V12, they sound great
What a beauty !
TLDR: If you’re a snob or dilettante with more money than brains, or you drank the kool-aide and always wanted to know what Stockholm Syndrome is all about, then Ferrari is the car for you.
THE most important downsize: Ferrari has a long story of cheating in Formula 1. Many of Schumacher's championships were won by cheating ( thank you Jean Todt ). Also Ferrari are notably unreliable, this is a well known fact. And finally, don't forget the odometer roll back scandal a few years ago....On the other hand, the marketing dept at Ferrari is incredible...
Long story of cheating? Ahahah Ferrari are overall the most honest of the most successful F1 Teams. Don't believe me? Just check-out what Mclaren have done in years like 1998 or even this year with the wings, or Red Bull's illegal 2022 and 2023 cars, Mercedes's multiple "interesting" innovations between 2014 and 2020.
@@giuseppemaggio5894 Expected reply from a tifosi with this username name !!
A few different experiences:
1) I’ve owned 7, and currently own 5. They are extremely dependable.
2) Not expensive to own at all IF you stay away from the dealer. Find a non-dealer mechanic.
3) I’ve had my 348 since 1998, and my 430 since 2007. These ARE absolutely forever cars!
4) buy one with high mileage and good maintenance history.
Bullshit. Ferraris are some of the most unreliable cars on Earth.
It's mileage not milleage. See 3:35
Way too much money I'll take a Corvette anyday.
A fast car with a SLOW DOWN light????????🤔🤔🤔🤔🤔
Maybe it’s telling me something about the way I drive
This sums up Ferrari for me .
Yeah nah .
..and every kid in their Civic wants to "race" you
That happened on my test drive when I was looking at the car, and it still happens
But it got better from the 360 and up
I know it so well
Reason 1 shows why Ferrari and Lambo are dead if world abd they go full EV. Without the engine you'd never bother.
Great presenter
Don’t want one for free
If you own a Ferrari, you'd better be very well-heeled or able to repair the cars yourself.
The most overated automotive brand, racing heritage second to none, private ownership yes expensive, dealer experience dreadful, for instance you can't buy that one until you buy this one first, internal ferrari snobbery "you own the lower end models ect "
Nice🎉
Given your other cars, maybe buy an older ferrari that will address your biggest issues. I have a 308 and testarossa and have never had maintenance issues. It's when you get into these Ferraris with more electronics and warning lights etc
bought a 575 project, at this point i feel that is my forever car :)
@@riddledriddler3933 the 575 is a great car, I hope you really enjoy it
@rcclassicgarage the best looking ferrari from the times where analogue and digital are most balanced imho. got it titanium gray the way i dreamed so hopefully will be a bit more subtle that the striking read one. :D
If you can afford the maintenance the repairs, there isn’t too much bad. You get to drive an exotic sports car that looks amazing..
Now we will make assumptions about you because you drive a jaGuar, I would sell that car asap if I were you.
All that money and can't get a decent barber
The F30 BMW 328i Msport is a forever car. The Ferrari cannot compare
Are you South African? You sound like a Joburg Boytjie?
Yes I am South African but been in the UK for over 20 years, originally Eastern Cape
@rcclassicgarage I would love to live in the UK
@@rcclassicgarage I thought straight away that your English sounded suspiciously similar to my local Eastern Cape English
458 onwards are generally ok, before that, not OK.
So it holds its value if you don't drive it ????? .. 4yrs at 4k a yr = 16k is that just not as bad as depreciation
That’s why the maintenance it’s a bad element as at 8 percent of the value of the cars it’s high, imagine the “cost of ownership” if it depreciated onto of that.