How many miles will a car or engine last? - Ferrari Life
 
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post #1 of 8 Old 07-31-2010, 05:31 AM Thread Starter
 
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How many miles will a car or engine last?

Hi,

I have been looking at a 360 Modena F1 from 1999.
It looks to be in good condition, and all services have been done.
But it has gone almost 125.000 Miles or 200.000 Km...

How long do you think the engine and so will last?
and what should you look after at a 11 years and 125.000 miles old car?

Should i really just move on and find are car with less miles on the clock....?
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post #2 of 8 Old 07-31-2010, 06:03 AM
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Ferrari engines can certainly last this long. But eventually a rebuild will be required, and this engine is getting pretty close to expecting that. Rebuilding an engine is seriously expensive (ballpark EUR25K for a Colombo V12, modern engines I don't know as not many have been done). This represents a large amount of what the car is worth.

With 10,000 360's built, I think it would be much better to move on.

If I am really honest - it is my mantra that for a modern Ferrari you must buy the very best you can find (and that does not mean the lowest mileage but rather one with regular modest use and a great service record). The higher purchase price will be worth it through lower maintenance cost, and greater pleasure from using it without breaking down. Given that 360's have a fairly narrow band of pricing between worst and best, I would buy the very best. If you can't afford that at the moment, then now is not the time to buy. Save up for a little while. And when you buy, I suggest you make sure you have a bit of cash sitting in the bank. Even the best can break down and give you a serious bill.

Good luck.


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post #3 of 8 Old 07-31-2010, 06:21 AM Thread Starter
 
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JazzyO, thank you for you quick reply.

You are properly right - it might be the best to move on.
I have actually seen the car at targetcars.eu, they are in holland, maybe you know them.

You might also know that the prices in Europe for a Ferrari 360 is a bit high, especially in Denmark, but that's another story. (180% taxes)
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post #4 of 8 Old 07-31-2010, 10:12 AM
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I don't have personal knowledge of Target, but I have heard enough stories by friends to know that I would never buy a car there. Let alone a Ferrari.

Taxes are very bad in Denmark, I agree, but I can say, hand-on-heart, that the "cheap" Ferraris are wonderful cars. If I have to sell everything I own and only drive a good 308, I will still be a very happy man. And I would much rather have a good 308 instead of a bad 360.


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post #5 of 8 Old 07-31-2010, 10:20 AM
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One more tip: there are a LOT of previously wrecked Ferraris out there, especially 360's (because of their build numbers and age). Total insurance write-offs, chassis "straightened", lick of paint, and flogged on. Caveat emptor!


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post #6 of 8 Old 07-31-2010, 12:10 PM
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I suppose Onno has said it all. Welcome to FL and good luck with your search. w/ smiles Jimmy
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post #7 of 8 Old 07-31-2010, 12:32 PM
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that car would have a negative resale value. you would have to pay someone to take it from you. no kidding. on to the next one.



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post #8 of 8 Old 07-31-2010, 01:59 PM Thread Starter
 
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Thank you all for your responses, it's really a big help in the Ferrari jungle.

Much appreciated - And I will move to find a better one.
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