[DeTomaso] Ferrari 360 maintenance costs-- NPC

[Mike Thomas]

I've often heard the most expensive car in the world is a used Ferrari, now
I can see why.  

Mike Thomas 

-----Original Message-----
From: detomaso-bounces at realbig.com [mailto:detomaso-bounces at realbig.com] On
Behalf Of pantdino at aol.com
Sent: Saturday, February 06, 2010 5:21 PM
To: detomaso at realbig.com
Subject: [DeTomaso] Ferrari 360 maintenance costs-- NPC


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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