[DeTomaso] Ferrari 360 maintenance costs-- NPC

[Charles Engles]

Dear Goran,


          You make a very astute observation about some of the motivations
for exotic sports car ownership, sir.

                      Warmest regards, Chuck Engles



-----Original Message-----
From: detomaso-bounces at realbig.com [mailto:detomaso-bounces at realbig.com] On
Behalf Of hemipanter at hemipanter.se
Sent: Sunday, February 07, 2010 3:08 AM
To: pantdino at aol.com
Cc: detomaso at realbig.com
Subject: Re: [DeTomaso] Ferrari 360 maintenance costs-- NPC

Ferrari workshop takes good pay, the closest to me charges $ 240 hr. That
is $ 1680 a day! Needless to figure out what the annual cost of my Pantera
would be using the sort of yardstick. It would be a more fair comparison
to look at the number of hours that each car requires to be kept rolling.
One can philosophize about what these costs will depend on, but I incline
to the existence of a market that is willing to pay for the "package" of
various antics Ferrari delivers.
A 360 Ferrari is not particularly fast, so it can not be "sports car
interest" you pay for.
Goran

>
> I've noted that the early Ferrari 360's have come down into the $70K
> range, so I was getting an idea of what the ownership costs would be.
>
> If your wife complains about how much you spend on your Pantera, show her
> these numbers:
>
> The cams are driven by a toothed belt that has to be replaced every 3 yrs
> regardless of mileage. The variators are what advance the exhaust cam. If
> one breaks the cam stops turning and you bend all the valves. The F1
> actuator is what shifts the paddle gearbox. Actually it's more like $13K
> to fix but I'm deducting some because failures are not super common. Very
> few clutches last 20,000 miles.
>
> To be fair, any of us could probably do our own annual fluid changes and
> save $900 per year.
>
> -----------------------
>
> FERRARI 360 SERVICE COSTS for 6 yrs and 15,000 miles . Assuming purchase
> price of $70K, belts, variators, and annual service recently done.
>
>
> Belts every 3 yrs x 2 = 6K
> variators every 3 yrs x 2 = 1K
> Clutch assuming 15M life = 5K
> Annual service @ $1K per yr = 6K
> Tires x2 @1K each = 2K
> Depreciation @10% of value per yr = 33K
> F1 pump and actuator repair = 10K
>
> TOTAL 63K-- maybe less if the car does not depreciate as much as the
> Maserati coupes have.
>
>
>
>
>
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