Ferrari 348 rock bottom prices
- Thread starter tommyz24
- Start date
Gregster
Legacy Member
You can thank the "Yummys" for that...
The sad part is that 996s are better cars yet everyone seems to hate them (as was the case when the 964 came out)
Broody
Well-known member
It's AWD, red and he will keep it sorry. He winter drives it (he's only car) so it will lose some value over time but it's still cheaper than having a payment on an econobox in extra, and awd + snow = fun. The computer is broken (no traction control or ABS) and the car is not scarry to drive at all times.
But the 964 never really had a low value (like 16-18k at worst maybe). The older 911 (the 3.0 especially I think) could be had for cheaper than that.
Marek
Active member
So 996, front end swap 997= win?
It's crazy, I just looked a few up... 20k sub 100k km.. :S
Lexus
Moderator
The 348 is a cool looking car no doubt but that's about it. If I'd be looking into this type of toy from that period, I'd rather get an NSX. A lot less trouble.
Je m'excuse mais ton argument fait aucun sense. Le gens n'achete pas de Honda ou Hyundai de 30K pour le mettre dans le garage et le regarder toute l'annee, p-e rouler 3 fois pour ne pas dire qu'ils ont depense l'argent pour rien. Cette Ferari, meme si elle perdra plus de valeur en tant que tel si entretenue comme il faut, va couter TRES cher a rouler en daily 20-25k km/annee comme l'acheteur ferait avec la Hyundai ou Honda de 30K. Si le membre en haut as raison, que ca prends 3$/mi pour rouler une 348 (je suppose que ca c'est appart l'essence), ca veut dire qu'a 12K miles/annee ca va couter 36 000$/annee rouler une 348. P-e c'est exagere comme cout mais quand meme.Ca prendrais aussi une auto d'hiver etc
Je m'excuse mais ton argument fait aucun sense. Le gens n'achete pas de Honda ou Hyundai de 30K pour le mettre dans le garage et le regarder toute l'annee, p-e rouler 3 fois pour ne pas dire qu'ils ont depense l'argent pour rien. Cette Ferari, meme si elle perdra plus de valeur en tant que tel si entretenue comme il faut, va couter TRES cher a rouler en daily 20-25k km/annee comme l'acheteur ferait avec la Hyundai ou Honda de 30K. Si le membre en haut as raison, que ca prends 3$/mi pour rouler une 348 (je suppose que ca c'est appart l'essence), ca veut dire qu'a 12K miles/annee ca va couter 36 000$/annee rouler une 348. P-e c'est exagere comme cout mais quand meme.Ca prendrais aussi une auto d'hiver etc
ceux qui disent d'upgrader a une 355 c'est moins pire que la 348 mais ca reste un mechant money pit surtout avec une transmission F1. Les headers oem sont a changer au 3 ans en meme temps que le major ( pis un major tu vais pas juste les belt, faut pratiquement changer les guide de valve a chaque fois ) une 360 ca commence a etre raisonnable a environ 10 000 au 3 ans.
Gregster
Legacy Member
yea it will cost you about 10k to do it properly and you won't fool anyone. Just accept the 996 as is
johnrambo007
New member
scheduled belt change in a 355. just sayin
Gregster
Legacy Member
or just drop the $$$$$ on aftermarket headers.
Gregster
Legacy Member
That's not an F355scheduled belt change in a 355. just sayin
Dropping the engine on a Ferrari isn't any harder than dropping the engine out on a Porsche... It's all made to come down in one unit.
johnrambo007
New member
you're right I couldnt find a pic. But its the same thing. Engine needs to be pulled out for a lot of regular maintenance.
Sustain26
Banned
http://hooniverse.com/2013/10/08/true-cost-to-own-a-1993-ferrari-348-series-speciale/
"..On a per-mile basis:
•Maintenance costs – $1.71 per mile
•Operating costs – $0.62 per mile
•Miscellaneous – $0.24 per mile
… for a total cost of $2.57 per mile.
One thing I didn’t touch on in my one-year report was depreciation. But as we know, the market dropped out from under these cars in 2009, and it’s only now just starting to climb back. If I’m honest, I have to believe I’d be facing at least ~$20k in depreciation if I were to sell the car today. That would jack up my total ownership cost to $57,026, or $3.96 per mile.
But fortunately, I’m not considering selling this car today, or anytime soon for that matter. Even after six years, I still am not bored with it. The raw, visceral feel you get with a 348 means that every drive is an event, and it’s never boring. My BMW daily driver outperforms the 348 in every objective measure, but I certainly don’t get a thrill from driving it like I do from driving the Ferrari.
So my plan is to hang on the Ferrari indefinitely, fix it when it breaks, and (as they say) keep driving it like I stole it.
-Eric.."
YMMV
"..On a per-mile basis:
•Maintenance costs – $1.71 per mile
•Operating costs – $0.62 per mile
•Miscellaneous – $0.24 per mile
… for a total cost of $2.57 per mile.
One thing I didn’t touch on in my one-year report was depreciation. But as we know, the market dropped out from under these cars in 2009, and it’s only now just starting to climb back. If I’m honest, I have to believe I’d be facing at least ~$20k in depreciation if I were to sell the car today. That would jack up my total ownership cost to $57,026, or $3.96 per mile.
But fortunately, I’m not considering selling this car today, or anytime soon for that matter. Even after six years, I still am not bored with it. The raw, visceral feel you get with a 348 means that every drive is an event, and it’s never boring. My BMW daily driver outperforms the 348 in every objective measure, but I certainly don’t get a thrill from driving it like I do from driving the Ferrari.
So my plan is to hang on the Ferrari indefinitely, fix it when it breaks, and (as they say) keep driving it like I stole it.
-Eric.."
YMMV
Gregster
Legacy Member
No it's not. The F348/F355 is comes down on the rear subframe... It's actually an easy job and doesn't take that long as all the internet "experts" proclaim. The biggest issue to worry about on F348/F355 is rust and cracks at seams. .. Want to talk about a bitch of engine out? Lambo Diablo and Countach, step one take apart entire car. Working on these cars requires patience and attention to detail. The way things are assembled and designed you would think the guys who designed/built it were drunk. There is a reason why there are only a handful of places locally that touch them.
Seriously if you're buying this car you're buying it because you want one and know the pitfalls.
johnrambo007
New member
Engine still has to be removed no matter the way to do it. Doing so is a bitch no matter how "easy" it is to do when you have to do it regularly, especially if you can't do it yourself and need to have it done.
Spending 10-15k a year on maintenance on a 45k car means that you could easily afford a $100k + new car. This thing is for DIE HARD Ferrari enthousiasts with fat wallets, not your average sport car buyer looking for a nice badge
Gregster
Legacy Member
I hate to break it to you but once you remove it and do the major work you don't need to touch it again for awhile if you change everything. Cheap out and well obviously youll be having issues. The same goes for Porsche, you will need to remove the engine more than a couple times during it's life. It seems like a bitch to you because you've never done it but trust me it's pretty simple. I much rather drop the engine on a Ferrari or Porsche than taking apart a dashboard. You won't be spending 10-15k a year on maintenance, I can assure you of that.
Old cars like this are for enthusiasts.. The same goes for any "old" car.
Broody
Well-known member
The case of a Ferrari is a bit extreme, but still, a 100k+ new car will have considerable running costs too. About 50 000$ of depreciation in a few years, 20-22 inch tires, revisions at the dealer, high insurance, etc.
But with the Ferrari, the more you use it the more it costs you, with a recent car it's not so true.
The case of a Ferrari is a bit extreme, but still, a 100k+ new car will have considerable running costs too. About 50 000$ of depreciation in a few years, 20-22 inch tires, revisions at the dealer, high insurance, etc.
But with the Ferrari, the more you use it the more it costs you, with a recent car it's not so true.
It's pretty simple but it will cost 8-10k in a shop (for an air cooled Porsche). On a 15-30k$ car, that's a lot of money. My father did an engine overhaul on the 964 (around 10k$), and he was OK with that since he makes fairly good money and he likes the car, but it's not something you want to happen more than once during your ownership. And I still find that the engine smells oil when I push it hard (the overhaul was done 2 years ago I think).
But with the Ferrari, the more you use it the more it costs you, with a recent car it's not so true.
The case of a Ferrari is a bit extreme, but still, a 100k+ new car will have considerable running costs too. About 50 000$ of depreciation in a few years, 20-22 inch tires, revisions at the dealer, high insurance, etc.
But with the Ferrari, the more you use it the more it costs you, with a recent car it's not so true.
It's pretty simple but it will cost 8-10k in a shop (for an air cooled Porsche). On a 15-30k$ car, that's a lot of money. My father did an engine overhaul on the 964 (around 10k$), and he was OK with that since he makes fairly good money and he likes the car, but it's not something you want to happen more than once during your ownership. And I still find that the engine smells oil when I push it hard (the overhaul was done 2 years ago I think).