I bought one as a bucket list item, kept it for about six month but the more I read about the cost for parts and maintenance the more scared I got and I ended up selling it. The good thing is that I made 5K on the sale. The bad thing is that I loved that car.
This is a really good assessment. I bought my first Ferrari, also a 360 Spider, just over 18 months ago. It was a childhood dream achievement realized and it was surreal. The honeymoon phase lasted all of a few days before the issues started popping up. Fast forward to today... they're still overwhelming. Yes, every drive is special, yes, it's a very cool experience, but the car really tries its hardest to drive you crazy and it never fails to do so. I think every prospective buyer, whether you're 18 or 80, should watch videos like this and do their homework. You need disposable income, befriend your mechanic/shop and have an extraordinary amount of patience to own one of these. Is it worth it? To each their own.
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.
I bought a California in 2011-12. All tricked out with carbon fiber. $400K. Only drove it 800 miles. Brought it in for service every year. After five years the battery was leaking acid on my garage floor. I had the car towed to service. They said the engine had to be removed to replace the battery. $20,000 repair job. Soild it. Just bought a GTB296. I guess I didn't learn my lesson.
I swear they put these parts like the battery in on purpose where you need to spend enormous sums to replace them. Like the early Audi R8's, air conditioning compressor needs an engine removal to replace, etc. How hard could it be to just move the battery to the trunk instead like my Jaguar F Type rather than another harder to reach area?
I had a girl that I treated like a queen. She left me to go back to her physically abusive former boyfriend who beat her. Your story reminded me of it.
LOL "Sir, we need to replace your battery, a service which literally takes 5-10 minutes in every car, but you have a Ferrari, so we'll need to take the car apart to access it..."
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.
First of all, good call with the blue F-cars. Secondly, which cars have you owned? You're absolutely right about mileage - it's a catch-22, but if the plan is to drive them, you want a car that has logged at least 1k miles/year or roughly the same you plan to drive it.
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.
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…
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.
Thanks for posting this video and for your honest point of view 1st of all! I haven't bought a Ferrari yet, my biggest purchase was a 2013 Rolls-Royce Phantom (bought in 2015 with only 1408 kilometers), sold it in 2021 and basically the same points you express happened to me (including that my own brother criticized me very badly for my happiness and it is unforgivable). I currently have a G63-AMG, I bought it new just a year back(waited 16 months) and it is totally different (obviously) but I am happy and it would be strange to change it for a Ferrari, but I have been tempted by a 458 recently. Merry Christmas 🎄… regards!
I live in Vancouver Canada. I’ve owned several different Ferrari’s over the last 25 years. I’ve not had any nightmarish problems with any of them. Right now I own an 08 F430 spider in Rosso Corsa Red, tan interior, black roll bars, carbon fibre interior package with F1 transmission. I absolutely love it and can’t imagine not having it in my life. I get off on even just washing and waxing the thing, let alone driving it. My F1 shifts beautifully, and I believe and have heard that it was improved around my year as I did drive an earlier model and noticed a definite difference. That’s a tip for anyone looking for one; try to get a late 07 and beyond as it’s well worth it. I know people say “you have to get a manual” but personally, I’m sick of all that shifting. It’s starting to bug my knee,all that pushing in and letting out, over and over. In Canada, there is none of the bad reactions to the car, it’s only positive. People freak out over the car. It’s awesome and fun to get those reactions from a car. Anyways, to sum up, for me it’s been just an excellent experience and glad I did 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.
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.
'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.
The worst sort of old car is the one that hasn’t been driven in years. You get dry rot on all the seals. The moment you start driving it hard, everything will leak and all at once.
Great video, a few years ago a good friend bought a 2013 California T, at the same time I bought a Porsche 911. The reliability and unequaled build quality were my main reasons, his was the panache and prestige. While I did love the way his looked and sounded I didn't envy his experience of failing electrical switches and the outrageous cost of OEM parts and service.
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.
Thank you for your honesty. Jealousy is always going to be a factor with super cars, because it indicates the person wants attention. I’d also say it’s the location you’re in. A Ferrari in the UK would be very different to owning one in Italy, or other parts of Europe, where there’s more appreciation for its heritage. Brits are a bit more reserved and prefer understated wealth. I guarantee if you drove an Aston Martin or Rolls you’d have a different response from people.
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.
Good to hear that you enjoy driving it instead of having it standing around doing nothing. I once saw a Tomaso Pantera parked. I instantly loved it. The outside and inside showed it must have been in use as an everyday car. Which made me love it even more.
That was a genuinely good review. Reminds me of the original Top Gear. Thanks for the insight, you make me feel better about not being able to afford a Ferrari 😂 But for those who take a dislike to you for driving one, well that’s there problem. You’ve earned it, enjoy it 👍
I appreciate the great and candid review! I was thinking of buying one at some point, but the high maintenance cost is what ultimately will keep me away. My boss bought a beautiful 458 and said his annual service bill was $25k, for driving it twice a month! After 9 months he sold it and said he'll never buy another. I know of 2 other people around me that had expensive issues with their Ferrari's. Can't stomach dropping $400k for an unreliable car. I rather rent it twice a year than the headache of ownership.
that slow down issue usually the catalytic sensors. Each is $500 US but in the Australia you can buy paralel market for $200. Its plug an play and you good to go.
Eventually i would love to get a 430 but the more I hear this kind of feedback i feel content with my Lotus Elise. I feel like I get all the perks of exotic car ownership with none of the negativity. Plus, i feel like i would regret selling my Lotus... we have been through so many adventures. If your on the fence about a Ferrari, i would highly suggest a Lotus if you haven't experienced one.
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.
Very nice video that portrays exactly what Ferrari ownership means to those whom have owned one or are thinking of owning one. I just recently parted with my beloved Ferrari 458 Italia. She was a 2010 that I purchased used in 2020 with 24,851 miles on the car. I sold her this past November after over four years of ownership for just under what I paid for her. I enjoyed every second of the 21,510 miles I spent in that tan seat driving my Rosso Corsa lady. Every time I drove her, I received admiring glances, engaging conversations at the gas (petrol) pump, and shared stories at local cars and coffee events. The 458 was fast, handled magnificently, and OH that Sound of the 4.5 Liter flat plan crank 8 cylinder motor ! As this gentlemen mentioned in this video, every time I drove her some warning light flashed (often meant nothing) which took some of the enjoyment out of the driving experience. Not only that, but over that 4 1/2 years, I spent well over $18,000 (14,000 pounds) in maintenance. I recently sold the car and purchased a brand new 2025 Corvette E-Ray which is modern, quicker, and has a nicer interior. However, I don't have that same feeling of "specialness" or connection to the road as I had with the Ferrari. I could have purchased the Corvette Z06 which was modeled after the 458, but I wanted more of an every day vehicle at this stage in my life. So bottom line ? Do I regret owning the 458 ? No way ! I do regret selling her, but I ended up parting with her due to the niggling electrical issues, and the yearly maintenance costs. I was constantly on the edge of uneasy worry every time I drove her; wondering if some major repair was just around the corner. Bottom line... I would do it all over again. And some time in the future, I may just make another Ferrari purchase. We shall see. Thanks again for a very informative video.
You say you would do it all over again but the fact is - you didn't. That says it all. I wouldn't do it all over again - although I did it five times in a row - but then I'm a slow learner...:)
Trouble is with the Vette's they are incredibly cheap to buy everyone and their dog has one it seems. I don't even notice them anymore. Sort of like the new Mustangs, Chargers, etc. Don't get me wrong, the new C8's are nice cars, but don't have that specialness to them like a Ferrari has.
@@geoffletkemann653 Totally agree with you, even though I now own a Corvette. I didn't buy the C8 when it first came out in 2020. Instead, in July of 2020 I purchased the 458 because of the rarity of the car and to be honest "The Brand". And of course the impeccable look, feel, and cache of the car. I do regret a bit that I gave up the 458, but I am happy with the E-Ray. There is something to be said about having peace of mind in driving a brand new car that you don't have to worry about it breaking every time you go out. Even if it does break down, I can have it fixed at one of many dealerships at a cost that won't break the bank. The Vette isn't as special and doesn't carry the same uniqueness of the 458, but I am very happy with it and I do love the aggressive appearance of the car. I would have kept both cars, but the wife wouldn't have been happy if I did ; > ) Happy Wife, Happy Life !
@@claudparsons158 true, having not to worry about maintenance for several years, especially on a Ferrari is worth a lot. I picked up my new 2024 GMC Canyon Denali this summer and if something goes wrong it's covered. I also have an older car with several hundred KM on it (my daily driver and gas miser) and it's to the point that if it breaks I don't care, just get another, it doesn't owe me anything now. Maintenance is a huge factor, something a lot of people can overlook in their excitement about getting a new vehicle.
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.
This review encouraged my to pursue Ferrari ownership. If I were to purchase (or invest in) a Ferrari work of art I want to drive and enjoy the entire experience. Balls to bones. I've been of the mindset that: "I'd rather drive the Ferrari than to own the Ferrari'. This video honestly answers the questions of doing both in a encouraging way.
Kudos to you for actually driving it on the regular. That shows you really love the car for what it was built for. Sorry to hear you get so many negative reactions in the UK. I don't think that would be as common in the States. Especially since you look like a regular guy, a proper petrol head, and this isn't a La Ferrari. It's just a beautiful, classy car.
Don't forget the insurance. My coworker purchased a Ferrari and kept it for 9 months before having to sell it. The monthly insurance was like having another house payment.
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..
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 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.
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 . . .
It is humiliating when you show up to an event and leave with a tow truck. Ferrari+Traffic Jam = 🔥. Unfortunately the traffic jam was the funeral procession I was in 😢
Not the first video like this I've seen. If you want to drive a Ferrari make sure you get two, so you can drive one when the other one is in the workshop. This sort of warning doesn't get out much because the incredibly pretentious Ferrari management blacklists people who talk about it.
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.
@fgcpeak9591 as a previous F Type owner, don't tell them how cheap used ones actually are now. They depreciate so much. Lost $26k when I sold mine. I see pickup trucks by the hundreds daily worth more than that car was. Although everyone seemed to think it was like a Ferrari though. No real negative reactions to it. I'm in Canada and got tired of it sitting in winter storage. Sports cars here are so impractical.
@@geoffletkemann653 I found the 981S to be practical enough to take the wife away for a weekend. Plenty of storage, although I won't push the car too hard with her in it. When you do get the change to rake it for a run, it's more special. The uk winter isn't as extreme as in canada, but there ais a month its too icy and wet. How about an alfa stelvio quad
I’ve owned a 360 for 5 years and no issues. Sure the slow down light but I’ve been told it’s the aftermarket exhaust system that triggers it. I just drive it and don’t care. It’s gained $20k in value, feel like I’ve won in life everytime I go into my garage
Since 2010 I have owned 8 brand new Ferraris. The first, a California, within 18 months I put over 32,000 miles on it. In total two Californias, a Cali T, a Portofino, two FFs, and now have a GTC4Lusso and a 812GTS. All are/were daily drivers! The Calis, the FFs, and the Lusso are driven in the winter here in NW Ohio with SottoZero snow/ice tires. Currently the Lusso has 40k+ miles and the 812GTS over 14k miles. With well over 250,000 miles since 2010, daily driving the cars, I have had very few problems. The first Cali had a wiring issue in the driver door, which many had. It also had a current sensor in the trunk lid for the top mechanism fail. The 812GTS had an oil leak on the top of the intake. And the Portofino had the left computer display quit. But, again, this is all with well over 250,000 miles of daily driving. That seems very reliable to me. I am not a car collector, but a car owner that loves to drive the cars and am fortunate enough to be able to trade them in every few years. Great video too!
Had a "87 Testarossa that was great fun to drive. Maintenance besides belts OK. But in the US, the low speed limits and "enthu$iastic cop$" means it is like owning a Renoir but not being able to see it beyond a hazy image. I finally (after9 years) gave up, sold the car and went back to road racing formula cars.
Very honest assessment. I had a Ferrari 360 berlinetta for a while (manual). It had a lot of power but was never very interesting to drive, it felt big and cumbersome and stopped feeling special quite quickly. I went from that to a 911s (997), by comparison that was amazing to drive. I always thought it would have been the other way round.
Thanks this helps me appreciate my Porsche Boxster more by wanting a Ferrari less because my Porsche is exciting, reliable and costs much much less in maintenance.
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.
Having owned all the lessor Italian brands. Fiat, Lancia, and Alfa, letting an Italian car sit and not use it, is the worst thing you can do. They get very tempermental when forced to sit unused. Best to drive them out at least once a week and get them good and hot to keep the oil flowing. Not down to the shops, but a good country drive is what these cars crave.
Never mind jalous people. No political or religous believe ever will stop people not being jalous. Jalousy is the prime motive to be succesful. Enjoy your ferrari!
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.
I'm 42, I own and daily drive a very rare manual V6 F-Type 2018 in Caldera Red. It's got the noise, the looks and performance of a true sports car. Although I've only seen it draw positive attention, I personally could not care less if it was the opposite as it's not a symbol of status in my case, I own and drive it for the fun first and foremost. I had a TT before the F-type and it's a car that's unloved in Britain. The jokes never bothered me either as it was just fun to drive. Car owners that worry about other people's opinions might be posers and not a petrolhead at heart.
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.
Nice video..really strengthened my vision to own one. Your video is a form of fair comment and people with financial abilities who is able to buy an older model can now be well prepared😁🤩
You consider that last one to be a liability??? No way bro. I was thinking I wanted one and was still on the fence, but when you say itll bring the H8Rs out, now I *really* want one.
i have a mustang here in aussie no problem easy to maintain new one on order but might cancel as now only ford can service them , talk about issues , i am a hot rodder had 3 thirty two fords , people love them , kids with mothers say wow , only one roadster left at 76 , i had my share of stress with these and i know how they work ,part of the game i guess . been upgrading my 1960 willys pick up , making stake bed, to keep me busy , but it will be all over soon as getting tired ,well heeled mates have them john has 4 , but still stressful
After owning a Porsche, I will never own a different sports car. Plus you can still get them with a manual transmission. They are quick, they handle well, and are not as expensive to maintain as a Ferrari or Lambo.
For sports car entheusiasts, cars are meant for driving and enjoying the experience. Minor maintences like oil changes, brake pad replacements, changing windshield wipers are what goes with the terroritory! But when failures, however small or major, give concerns to the owner, that would be a major deal breaker! Life is too short to have this level of anxiety of what may break next and how much time it would take having the car out of service and that's not even taking into account of the money involved (assuming money isn't even an issue)! This is like having a supermodel level girlfriend who biches at you 90% of the time and is nice to you 10% of the time! It's nit worth it! Having a girlfriend, or a Ferrari, to impress strangers is a good way to shorten your life for zero positive gains and that is pretty crazy!!!
I believe, and I'm speaking for myself is that I believe one of the reasons a lot of premium cars have low mileage is because, again "lots" of those who own them will not drive, and park them just anywhere, and, and, walk away, and leave them unattended. Another thing that contributes to low mileage is owning a lot of them, I consider 6 of the 7 vehicles I own to be premium vehicles. Lastly, is the most obvious explanation, which is simply not driving much, I'll add a last one, Summer time is motorcycle riding time..
I polished my Mazda today. Say some new stone chips and paint smudges that are due to weather and birds droppings. But hey I will trade it in soon and lose little value. That's what I admire. A car I don't cry over when a stone chip occurs. A Ferrari well I would cry about a stone chip.
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.
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 would love to own one. However, I would have to be obscenely wealthy and have people lined up to immediately take the car to be serviced at the drop of a hat and have a back up car in the meantime. I would never have to worry about a thing going wrong because I would be obscenely wealthy and I would have somebody else take care of the most minor issue. I would not even wash the thing. Someone else would do that, as well.
One more downside of driving a luxury vehicle. I was looking after a friends Bentley Continental GT for a few weeks. Never in my life have I been approached by so many gold diggers. I’m a short middle aged guy - not the type of guy who attracts the attention random women on the street. But when I parked the Bentley in a populated area, I was bewildered with the number of female passerby’s who wanted to strike up a conversation with me.
Hmmm, maybe it's different with a Bentley, usually with my F Type the only attention I got was from other men who wanted to talk about the car, or young boys who wanted me to rev it.
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.
I believe Ferraris come with 7 years of free annual maintenance’s for every one that’s purchased new. Ferrari wants to keep their cars on the road, and for the buyers to sell BACK to Ferrari in a few years , so that way they can make money yet again on the same car. Likely, the same reason you can’t just walk into a dealer and buy ANY Ferrari. You have to buy their “less desirable” model first, and work your way up.
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.
I bought a 1977 porsche 930 in mint condition back in 2004 for a whopping $21k still have it haven't driven it in years completely lost interest in cars bjt cant sell it do to sentimental value and wonderful memories.
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.
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....
Here in Southern California, we are considered the exotic car capitol of the world especially here in Beverly Hills. Even with all these supercars and hypercars running around, you'd have to worry about someone sticking a gun in your face and car jacking your ride! These is a UA-cam video that was posted a few weeks ago where two men in Newport Beach were shot at when they came out of the restaurant they were at. One was driving a late model Ferrari and the other a Rolls Royce. The back window of the Ferrari was actually shot out! Almost taking a bullet in the head, or anywhere in your body, to drive a car like that is not worth it! These cars just puts a big bulleye on you and draws too much attention!
Which is really sad if they happen to be someone that is a true car enthusiast and just truly enjoys a sports car. Someone should be able to follow their dreams without judgement, and without getting shot at. Craziness. If the finances of the world keep going the way they are it will become even more unsafe to drive cars like this. A good percentage of the population is struggling, and it seems to be getting worse.
@dlj1285 The pandemic didn't help but potato head's administration printed so much money and flooded the economy with it that the money in our pockets dropped in value by 45% in 4 years! When the US economy tanks, it brings down the rest of the world as well!!! Yeah, people are hurting for sure and we see it everyday!!!
I bought one as a bucket list item, kept it for about six month but the more I read about the cost for parts and maintenance the more scared I got and I ended up selling it. The good thing is that I made 5K on the sale. The bad thing is that I loved that car.
This is a really good assessment. I bought my first Ferrari, also a 360 Spider, just over 18 months ago. It was a childhood dream achievement realized and it was surreal. The honeymoon phase lasted all of a few days before the issues started popping up. Fast forward to today... they're still overwhelming. Yes, every drive is special, yes, it's a very cool experience, but the car really tries its hardest to drive you crazy and it never fails to do so. I think every prospective buyer, whether you're 18 or 80, should watch videos like this and do their homework. You need disposable income, befriend your mechanic/shop and have an extraordinary amount of patience to own one of these. Is it worth it? To each their own.
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.
Italians make great clothes and great food.. not reliable cars
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
I bought a California in 2011-12. All tricked out with carbon fiber. $400K. Only drove it 800 miles. Brought it in for service every year. After five years the battery was leaking acid on my garage floor. I had the car towed to service. They said the engine had to be removed to replace the battery. $20,000 repair job. Soild it. Just bought a GTB296. I guess I didn't learn my lesson.
I swear they put these parts like the battery in on purpose where you need to spend enormous sums to replace them. Like the early Audi R8's, air conditioning compressor needs an engine removal to replace, etc. How hard could it be to just move the battery to the trunk instead like my Jaguar F Type rather than another harder to reach area?
Nice 😅
I had a girl that I treated like a queen. She left me to go back to her physically abusive former boyfriend who beat her. Your story reminded me of it.
LOL "Sir, we need to replace your battery, a service which literally takes 5-10 minutes in every car, but you have a Ferrari, so we'll need to take the car apart to access it..."
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?
Ok thats a good one, you made me laugh..Thanks..
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?
Great.
First of all, good call with the blue F-cars. Secondly, which cars have you owned?
You're absolutely right about mileage - it's a catch-22, but if the plan is to drive them, you want a car that has logged at least 1k miles/year or roughly the same you plan to drive it.
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.
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?
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.
Let me buy you a drink Sir...
My Leier.
Thanks for posting this video and for your honest point of view 1st of all!
I haven't bought a Ferrari yet, my biggest purchase was a 2013 Rolls-Royce Phantom (bought in 2015 with only 1408 kilometers), sold it in 2021 and basically the same points you express happened to me (including that my own brother criticized me very badly for my happiness and it is unforgivable). I currently have a G63-AMG, I bought it new just a year back(waited 16 months) and it is totally different (obviously) but I am happy and it would be strange to change it for a Ferrari, but I have been tempted by a 458 recently.
Merry Christmas 🎄… regards!
I live in Vancouver Canada. I’ve owned several different Ferrari’s over the last 25 years. I’ve not had any nightmarish problems with any of them. Right now I own an 08 F430 spider in Rosso Corsa Red, tan interior, black roll bars, carbon fibre interior package with F1 transmission. I absolutely love it and can’t imagine not having it in my life. I get off on even just washing and waxing the thing, let alone driving it. My F1 shifts beautifully, and I believe and have heard that it was improved around my year as I did drive an earlier model and noticed a definite difference. That’s a tip for anyone looking for one; try to get a late 07 and beyond as it’s well worth it. I know people say “you have to get a manual” but personally, I’m sick of all that shifting. It’s starting to bug my knee,all that pushing in and letting out, over and over. In Canada, there is none of the bad reactions to the car, it’s only positive. People freak out over the car. It’s awesome and fun to get those reactions from a car. Anyways, to sum up, for me it’s been just an excellent experience and glad I did it.
Maybe in Vancouver but drive it in Toronto and you'll definitely get the bad reactions.
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.
The classics wit manual gearshift and Weber carbs are the ones I love , the modern stuff doesn't move me a bit .
Ferraris are a money pit. Save your money for a real retirement.
...and a real car.
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.
'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…..
The worst sort of old car is the one that hasn’t been driven in years. You get dry rot on all the seals. The moment you start driving it hard, everything will leak and all at once.
Great video, a few years ago a good friend bought a 2013 California T, at the same time I bought a Porsche 911. The reliability and unequaled build quality were my main reasons, his was the panache and prestige. While I did love the way his looked and sounded I didn't envy his experience of failing electrical switches and the outrageous cost of OEM parts and service.
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.
Thank you for your honesty. Jealousy is always going to be a factor with super cars, because it indicates the person wants attention. I’d also say it’s the location you’re in. A Ferrari in the UK would be very different to owning one in Italy, or other parts of Europe, where there’s more appreciation for its heritage. Brits are a bit more reserved and prefer understated wealth.
I guarantee if you drove an Aston Martin or Rolls you’d have a different response from people.
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.
Good to hear that you enjoy driving it instead of having it standing around doing nothing. I once saw a Tomaso Pantera parked. I instantly loved it. The outside and inside showed it must have been in use as an everyday car. Which made me love it even more.
'So was it all worth it?'
Well, yes.. and no.
Thanks for putting us straight on that one.
That was a genuinely good review. Reminds me of the original Top Gear.
Thanks for the insight, you make me feel better about not being able to afford a Ferrari 😂
But for those who take a dislike to you for driving one, well that’s there problem. You’ve earned it, enjoy it 👍
Thanks very much
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 appreciate the great and candid review! I was thinking of buying one at some point, but the high maintenance cost is what ultimately will keep me away. My boss bought a beautiful 458 and said his annual service bill was $25k, for driving it twice a month! After 9 months he sold it and said he'll never buy another. I know of 2 other people around me that had expensive issues with their Ferrari's. Can't stomach dropping $400k for an unreliable car. I rather rent it twice a year than the headache of ownership.
There’s no worse brand of car to own than Ferrari on many levels. Leno is correct.
that slow down issue usually the catalytic sensors. Each is $500 US but in the Australia you can buy paralel market for $200. Its plug an play and you good to go.
This is why i have a porsche
LOL. Me, too.
Me too. Had a Ferrari 296, but got rid of it after 7 months. Buggy and flawed.
@ How disappointing. I’ve long admired Porsche’s reliability-at least with their flat 6 sports cars.
Had both Ferrari and Porsche 911s. No advantage to one over the other
Eventually i would love to get a 430 but the more I hear this kind of feedback i feel content with my Lotus Elise. I feel like I get all the perks of exotic car ownership with none of the negativity. Plus, i feel like i would regret selling my Lotus... we have been through so many adventures. If your on the fence about a Ferrari, i would highly suggest a Lotus if you haven't experienced one.
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
The 355 has an amazing engine, but much more costly than the 360 to maintain. I'd go with the F430 though instead of the 360.
Very nice video that portrays exactly what Ferrari ownership means to those whom have owned one or are thinking of owning one. I just recently parted with my beloved Ferrari 458 Italia. She was a 2010 that I purchased used in 2020 with 24,851 miles on the car. I sold her this past November after over four years of ownership for just under what I paid for her. I enjoyed every second of the 21,510 miles I spent in that tan seat driving my Rosso Corsa lady. Every time I drove her, I received admiring glances, engaging conversations at the gas (petrol) pump, and shared stories at local cars and coffee events. The 458 was fast, handled magnificently, and OH that Sound of the 4.5 Liter flat plan crank 8 cylinder motor ! As this gentlemen mentioned in this video, every time I drove her some warning light flashed (often meant nothing) which took some of the enjoyment out of the driving experience. Not only that, but over that 4 1/2 years, I spent well over $18,000 (14,000 pounds) in maintenance. I recently sold the car and purchased a brand new 2025 Corvette E-Ray which is modern, quicker, and has a nicer interior. However, I don't have that same feeling of "specialness" or connection to the road as I had with the Ferrari. I could have purchased the Corvette Z06 which was modeled after the 458, but I wanted more of an every day vehicle at this stage in my life. So bottom line ? Do I regret owning the 458 ? No way ! I do regret selling her, but I ended up parting with her due to the niggling electrical issues, and the yearly maintenance costs. I was constantly on the edge of uneasy worry every time I drove her; wondering if some major repair was just around the corner. Bottom line... I would do it all over again. And some time in the future, I may just make another Ferrari purchase. We shall see. Thanks again for a very informative video.
Ferrari owners, don't want to shoot themselves on the foot.
You say you would do it all over again but the fact is - you didn't. That says it all. I wouldn't do it all over again - although I did it five times in a row - but then I'm a slow learner...:)
Trouble is with the Vette's they are incredibly cheap to buy everyone and their dog has one it seems. I don't even notice them anymore. Sort of like the new Mustangs, Chargers, etc. Don't get me wrong, the new C8's are nice cars, but don't have that specialness to them like a Ferrari has.
@@geoffletkemann653 Totally agree with you, even though I now own a Corvette. I didn't buy the C8 when it first came out in 2020. Instead, in July of 2020 I purchased the 458 because of the rarity of the car and to be honest "The Brand". And of course the impeccable look, feel, and cache of the car. I do regret a bit that I gave up the 458, but I am happy with the E-Ray. There is something to be said about having peace of mind in driving a brand new car that you don't have to worry about it breaking every time you go out. Even if it does break down, I can have it fixed at one of many dealerships at a cost that won't break the bank. The Vette isn't as special and doesn't carry the same uniqueness of the 458, but I am very happy with it and I do love the aggressive appearance of the car. I would have kept both cars, but the wife wouldn't have been happy if I did ; > ) Happy Wife, Happy Life !
@@claudparsons158 true, having not to worry about maintenance for several years, especially on a Ferrari is worth a lot. I picked up my new 2024 GMC Canyon Denali this summer and if something goes wrong it's covered. I also have an older car with several hundred KM on it (my daily driver and gas miser) and it's to the point that if it breaks I don't care, just get another, it doesn't owe me anything now. Maintenance is a huge factor, something a lot of people can overlook in their excitement about getting a new vehicle.
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 😂
Australia is the same as the uk - people doing well “must be wankers”
This review encouraged my to pursue Ferrari ownership. If I were to purchase (or invest in) a Ferrari work of art I want to drive and enjoy the entire experience. Balls to bones. I've been of the mindset that: "I'd rather drive the Ferrari than to own the Ferrari'. This video honestly answers the questions of doing both in a encouraging way.
Kudos to you for actually driving it on the regular. That shows you really love the car for what it was built for. Sorry to hear you get so many negative reactions in the UK. I don't think that would be as common in the States. Especially since you look like a regular guy, a proper petrol head, and this isn't a La Ferrari. It's just a beautiful, classy car.
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.
Don't forget the insurance. My coworker purchased a Ferrari and kept it for 9 months before having to sell it. The monthly insurance was like having another house payment.
Give me one any day. I could only imagine the maintenance costs but would love anything built by Ferrari.
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
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 👍🏻👍🏻👍🏻👍🏻
had boats , suggest , get the ferry its cheaper
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.
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 . . .
chris evens said he had to have a new battery fitted to a 360, and to do so required the engine to be taken out.
It is humiliating when you show up to an event and leave with a tow truck.
Ferrari+Traffic Jam = 🔥. Unfortunately the traffic jam was the funeral procession I was in 😢
Great video ! Thank you for sharing your experience
Thank you for sharing your collection and knowledge!
Not the first video like this I've seen. If you want to drive a Ferrari make sure you get two, so you can drive one when the other one is in the workshop. This sort of warning doesn't get out much because the incredibly pretentious Ferrari management blacklists people who talk about it.
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.
@fgcpeak9591 as a previous F Type owner, don't tell them how cheap used ones actually are now. They depreciate so much. Lost $26k when I sold mine. I see pickup trucks by the hundreds daily worth more than that car was. Although everyone seemed to think it was like a Ferrari though. No real negative reactions to it. I'm in Canada and got tired of it sitting in winter storage. Sports cars here are so impractical.
@@geoffletkemann653 I found the 981S to be practical enough to take the wife away for a weekend. Plenty of storage, although I won't push the car too hard with her in it.
When you do get the change to rake it for a run, it's more special. The uk winter isn't as extreme as in canada, but there ais a month its too icy and wet.
How about an alfa stelvio quad
I’ve owned a 360 for 5 years and no issues. Sure the slow down light but I’ve been told it’s the aftermarket exhaust system that triggers it. I just drive it and don’t care. It’s gained $20k in value, feel like I’ve won in life everytime I go into my garage
Put some duct tape over the Slow Down light then you can drive it stress free 🚘
Since 2010 I have owned 8 brand new Ferraris. The first, a California, within 18 months I put over 32,000 miles on it. In total two Californias, a Cali T, a Portofino, two FFs, and now have a GTC4Lusso and a 812GTS. All are/were daily drivers! The Calis, the FFs, and the Lusso are driven in the winter here in NW Ohio with SottoZero snow/ice tires. Currently the Lusso has 40k+ miles and the 812GTS over 14k miles. With well over 250,000 miles since 2010, daily driving the cars, I have had very few problems. The first Cali had a wiring issue in the driver door, which many had. It also had a current sensor in the trunk lid for the top mechanism fail. The 812GTS had an oil leak on the top of the intake. And the Portofino had the left computer display quit. But, again, this is all with well over 250,000 miles of daily driving. That seems very reliable to me. I am not a car collector, but a car owner that loves to drive the cars and am fortunate enough to be able to trade them in every few years. Great video too!
Had a "87 Testarossa that was great fun to drive. Maintenance besides belts OK. But in the US, the low speed limits and "enthu$iastic cop$" means it is like owning a Renoir but not being able to see it beyond a hazy image. I finally (after9 years) gave up, sold the car and went back to road racing formula cars.
Great vid, thanks for creating
Thanks very much
Is that a Grand Seiko?
the F360 is not a 'forever car', but the F40 and F355 are.
Very honest assessment. I had a Ferrari 360 berlinetta for a while (manual). It had a lot of power but was never very interesting to drive, it felt big and cumbersome and stopped feeling special quite quickly. I went from that to a 911s (997), by comparison that was amazing to drive. I always thought it would have been the other way round.
Thanks this helps me appreciate my Porsche Boxster more by wanting a Ferrari less because my Porsche is exciting, reliable and costs much much less in maintenance.
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.
Having owned all the lessor Italian brands. Fiat, Lancia, and Alfa, letting an Italian car sit and not use it, is the worst thing you can do. They get very tempermental when forced to sit unused. Best to drive them out at least once a week and get them good and hot to keep the oil flowing. Not down to the shops, but a good country drive is what these cars crave.
Is the exhaust stock? It sound good.
Thanks very much, it has a nouvalari exhaust, which sounds great
Your automobile sir top down is one of the sexiest Ferraris. Congratulations
Never mind jalous people. No political or religous believe ever will stop people not being jalous. Jalousy is the prime motive to be succesful. Enjoy your ferrari!
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.
I'm 42, I own and daily drive a very rare manual V6 F-Type 2018 in Caldera Red. It's got the noise, the looks and performance of a true sports car. Although I've only seen it draw positive attention, I personally could not care less if it was the opposite as it's not a symbol of status in my case, I own and drive it for the fun first and foremost. I had a TT before the F-type and it's a car that's unloved in Britain. The jokes never bothered me either as it was just fun to drive. Car owners that worry about other people's opinions might be posers and not a petrolhead at heart.
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.
Nice video..really strengthened my vision to own one. Your video is a form of fair comment and people with financial abilities who is able to buy an older model can now be well prepared😁🤩
Classic garage...or sports car garage?
I had a 308, 348 and 355 and 512tr…. At the same time. Imagine cost of belt replacement every three years… to start!!!! Took all the fun out of it.
You consider that last one to be a liability??? No way bro. I was thinking I wanted one and was still on the fence, but when you say itll bring the H8Rs out, now I *really* want one.
i have a mustang here in aussie no problem easy to maintain new one on order but might cancel as now only ford can service them , talk about issues , i am a hot rodder had 3 thirty two fords , people love them , kids with mothers say wow , only one roadster left at 76 , i had my share of stress with these and i know how they work ,part of the game i guess . been upgrading my 1960 willys pick up , making stake bed, to keep me busy , but it will be all over soon as getting tired ,well heeled mates have them john has 4 , but still stressful
A well balanced review, thanks.👍
After owning a Porsche, I will never own a different sports car. Plus you can still get them with a manual transmission. They are quick, they handle well, and are not as expensive to maintain as a Ferrari or Lambo.
For sports car entheusiasts, cars are meant for driving and enjoying the experience. Minor maintences like oil changes, brake pad replacements, changing windshield wipers are what goes with the terroritory! But when failures, however small or major, give concerns to the owner, that would be a major deal breaker! Life is too short to have this level of anxiety of what may break next and how much time it would take having the car out of service and that's not even taking into account of the money involved (assuming money isn't even an issue)!
This is like having a supermodel level girlfriend who biches at you 90% of the time and is nice to you 10% of the time! It's nit worth it! Having a girlfriend, or a Ferrari, to impress strangers is a good way to shorten your life for zero positive gains and that is pretty crazy!!!
I believe, and I'm speaking for myself is that I believe one of the reasons a lot of premium cars have low mileage is because, again "lots" of those who own them will not drive, and park them just anywhere, and, and, walk away, and leave them unattended. Another thing that contributes to low mileage is owning a lot of them, I consider 6 of the 7 vehicles I own to be premium vehicles. Lastly, is the most obvious explanation, which is simply not driving much, I'll add a last one, Summer time is motorcycle riding time..
I polished my Mazda today. Say some new stone chips and paint smudges that are due to weather and birds droppings. But hey I will trade it in soon and lose little value. That's what I admire. A car I don't cry over when a stone chip occurs. A Ferrari well I would cry about a stone chip.
It's a special event because it's not in the shop. Which rarely happens.
Great informative video👍, I’m looking for a Ferrari.
Thanks very much, good luck with the search
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.
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
Howany of the warning lights come from people not driving it?
I would love to own one. However, I would have to be obscenely wealthy and have people lined up to immediately take the car to be serviced at the drop of a hat and have a back up car in the meantime. I would never have to worry about a thing going wrong because I would be obscenely wealthy and I would have somebody else take care of the most minor issue. I would not even wash the thing. Someone else would do that, as well.
I am sure the residents also smile every time you pass in front of them with the screaming ferrari engine :DDD
Maintenance nightmares. Never again.
I’ve had many cars over my life.
The one I have the most fun in? 1954 willys m38a1 military.
One more downside of driving a luxury vehicle. I was looking after a friends Bentley Continental GT for a few weeks. Never in my life have I been approached by so many gold diggers. I’m a short middle aged guy - not the type of guy who attracts the attention random women on the street. But when I parked the Bentley in a populated area, I was bewildered with the number of female passerby’s who wanted to strike up a conversation with me.
Same here. When i bought my M4 1½ yrs ago, i got over 140 female friend request on Fb lol.
Hmmm, maybe it's different with a Bentley, usually with my F Type the only attention I got was from other men who wanted to talk about the car, or young boys who wanted me to rev it.
Thank you for the interesting video😊but why is it no forever car?
I treat my etype as my forever car
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.
It's not Ferrari drivers that I dislike, it's Audi drivers, they drive like the road belongs to them and them alone.
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 !
I believe Ferraris come with 7 years of free annual maintenance’s for every one that’s purchased new. Ferrari wants to keep their cars on the road, and for the buyers to sell BACK to Ferrari in a few years , so that way they can make money yet again on the same car. Likely, the same reason you can’t just walk into a dealer and buy ANY Ferrari. You have to buy their “less desirable” model first, and work your way up.
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.
I bought a 1977 porsche 930 in mint condition back in 2004 for a whopping $21k still have it haven't driven it in years completely lost interest in cars bjt cant sell it do to sentimental value and wonderful memories.
Thank you for this feedback. With the 458 and after, reliability has increased a lot. They cost more but require less maintenance.
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.
50k GBP value seems on the low side. What am I missing?
They are the bargain Ferrari at the moment - I did this video on their values
ua-cam.com/video/GMx5LRDuSoU/v-deo.htmlsi=kiN7UQn-BioMaZeE
You forgot the 4th bad thing… ur steering wheel is on the wrong side! 😂
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....
You've got an MGA?
Yes I have a 1959 MGA Twincam
Here in Southern California, we are considered the exotic car capitol of the world especially here in Beverly Hills. Even with all these supercars and hypercars running around, you'd have to worry about someone sticking a gun in your face and car jacking your ride! These is a UA-cam video that was posted a few weeks ago where two men in Newport Beach were shot at when they came out of the restaurant they were at. One was driving a late model Ferrari and the other a Rolls Royce. The back window of the Ferrari was actually shot out! Almost taking a bullet in the head, or anywhere in your body, to drive a car like that is not worth it! These cars just puts a big bulleye on you and draws too much attention!
Which is really sad if they happen to be someone that is a true car enthusiast and just truly enjoys a sports car. Someone should be able to follow their dreams without judgement, and without getting shot at. Craziness.
If the finances of the world keep going the way they are it will become even more unsafe to drive cars like this. A good percentage of the population is struggling, and it seems to be getting worse.
@dlj1285
The pandemic didn't help but potato head's administration printed so much money and flooded the economy with it that the money in our pockets dropped in value by 45% in 4 years! When the US economy tanks, it brings down the rest of the world as well!!! Yeah, people are hurting for sure and we see it everyday!!!
Thank you , that’s why after 32 years I’m still happy with my Lotus Omega ,