Insurrance - Ferrari Life
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post #1 of 2 Old 05-13-2004, 05:53 AM Thread Starter
Join Date: May 2004
Ferrari Life Posts: 1

Hi everybody,

I'm not 100% sure this is the right place to ask, but here goes.
I'm thinking of getting an '82 Mondial, but I am wondering if anybody knows a good insurrance company in Canada that won't ask for my first born to insure it.

Also is there a place where I could see what the total cost of ownership of a Ferrari would be? Like a schedule of regular maintenance and approximate cost? Thanks.

BTW, this is a great discussion board

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post #2 of 2 Old 05-13-2004, 06:32 AM
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Join Date: Jun 2002
Location: USA & Singapore
Ferrari Life Posts: 5,509
This is the right forum, but the wrong place. How about one of you Moderators move this over to the Ferrari Discussion area.

My insurance on my '79 just went down to $200 a year. I don't know what Canadian rates would be. I've had my car for 2 years now and I have spent about $1,000 on maintenance. That even includes changing the ignition over from points to electronic. Not an issue with the Mondial. I do a lot of the work myself.

The 30,000 and 60,000 mile services are the ones that get you. That invlolves changing the timing belts as well as adjusting the valves. It involves removing the engine and the price can be 3,000-5,000 USD. When you buy your car, make sure this service has already been done. Get a Pre-Purchase inspection (PPI) from a 3rd party before you buy. It will cost up to $500 but you will know what you are buying and be able to make an informed decision.

Capt. Pete
'79 308 GTS, '82 Jeep CJ7 Jamboree
"Time is what prevents everything from happening all at once."
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